I've seen advertisements where they say 'this is the price minus this tax credit.' It's not an actual discount, but to some buyers they see it as a discount.
More Quotes from Mike Chung:
This really shows a commitment to stay at this plant. They will continue to build this vehicle despite the fact that it has had sales decreases. It shows they are willing to make an investment in this vehicle, particularly the fact that they will be putting a hybrid in this vehicle.Mike Chung
You may be saving 30 to 40 a month (the cost of one tank of gas for a typical driver. But is it worth a 4,000 or 5,000 premium
Mike Chung
Depending on what kind of volumes they get, which we have no idea, we may see them hit it towards the end of this year, but probably the beginning of next year is when they'll hit their 60,000.
Mike Chung
The level of incentives in the auto industry is not sustainable. While Detroit has resorted to short-term fixes, like raising prices to cover the incentives, 4,000 is the point of no return. You can't keep offering incentives. People will always ask, 'What's next'
Mike Chung
If you find a vehicle that you really like, now's a great time to get it. But one of the issues with employee pricing is the inventory was depleted very quickly for the most-desirable vehicles.
Mike Chung
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