Amazon to sell cars online, starting with Hyundai

Discussion in 'Wall St. News' started by gwb-trading, Nov 17, 2023.

  1. lwlee

    lwlee

    Really? I haven't had the opportunity to try out Tesla ordering. I will say that EVs could go the way of software. Basically you don't own the car, you are subscribing to it. Apple did something similar to the iPhone. Still it's better than playing games with MSRP with car salesmen. No reason why one configuration of a car should be different pricing for 2 different set of people in the same region.
    Another thing that does seem to be pervasive is elastic pricing. It's currently popularized by gig economy economies like rideshare (Uber) and has expanded to other industries like hotels. Prices become a bidding war dependent on "surge" demand. This becomes pervasive as corporate greed demand higher and higher profits. Doordash is now displaying alert msgs to consumers that if you don't tip (or tip enough), you could see worse service. Wow, they jack up food prices from what you can get at that physical store, then they add a bunch of fees, plus now they tell you, you don't get what you want unless you also sufficiently tip????
     
    #21     Nov 18, 2023
  2. SunTrader

    SunTrader

    Does Wal-Mart charge the same for a package of Oreos and {pick a competitor}.

    No, almost all of the time, is the answer.

    Does the price of gasoline or for that matter electricity vary from location to location and time/date.

    Yes of course it does.

    Yet somehow autos, trucks and suvs should be standardized. Laughable.
     
    #22     Nov 18, 2023
    murray t turtle likes this.
  3. lwlee

    lwlee

    Please this analogy is fairly weak. If car dealership priced cars like supermarkets then term slimey salesmen would never have come about. Common household groceries products and gasoline station are extremely competitive. Walmart, within its store, doesn't have one sales guy trying to sell you TVs at a different price than another sales guy. That would be laughable.
     
    #23     Nov 18, 2023
  4. Overnight

    Overnight

    As an aside, Nabisco nerfed the Oreos again...The gluten-free version went from 13.xx to 12.xx-.1 approximately.

    It used to be something like 13.21, now it is 12.08.

    Sneaky-ass shrinkflation.
     
    #24     Nov 18, 2023
  5. Overnight

    Overnight

    "Walmart, within its store, doesn't have one sales guy, period."

    Fixed it for you. :)
     
    #25     Nov 18, 2023
  6. SunTrader

    SunTrader

    Analogy fits.

    America is about competition. Is it always fair, obviously not.

    Tesla model works for them. Let's see it play out in the years to come.

    But be careful what you wish for, you just might get it. Like Twitt er I mean X got it.
     
    #26     Nov 18, 2023
  7. SunTrader

    SunTrader

    I don't buy 'em myself. Grab some when I visit my sisters. Publix Premium Ice Cream is all I buy these days.

    But Gluten-Free :vomit:, what does "13.xx to 12.xx-.1 approx" mean?
     
    #27     Nov 18, 2023
  8. lwlee

    lwlee

    The question is whether you want the same size product for an increased price or a smaller one for same price. Inflation happens. Just be glad we aren't in Argentina.
     
    #28     Nov 18, 2023
  9. lwlee

    lwlee

    Competition is fine if you are bringing added value. A car of the same make, model, color, etc should not be sold at a different price to one person who walked in the door than from the next person who walks in the door. There is no added value in the 2 cases, just predatory bias salesmenship. Let me rip off little old senile grandma for as much as I can get but give the good ole boy discount to my buddy.
    There is no reason to compare Tesla with Twitter/X. The business circumstances are different. But if you mean to attack Musk then you should say that.
     
    #29     Nov 18, 2023
  10. Overnight

    Overnight

    One or the other is expected. But not both at the same time, which is what is happening.
     
    #30     Nov 18, 2023