Ford bumps pricing an average of $198 on all models

Discussion in 'Ford Industry News' started by Mav.bot, Jan 25, 2008.

  1. Mav.bot

    Mav.bot Member

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    Filed under: Car Buying, Ford, Lincoln, Mercury, Earnings/Financials
    [​IMG]Ford Motor company has bumped the prices of its domestic vehicles by an average of $198 fleet-wide, bringing the overall model year increase to $502 per car, truck, van, and utility vehicle. The only vehicles not effected by the latest increase are the Lincoln Town Car, the E-Series vans, and the soon to be defunct Lincoln Mark LT. While half a grand sounds like a lot of money, it only represents a 1.8-percent increase over last year's overall costs, which is a full percentage point less than the average inflation in the past year. While nobody likes to see prices go up, it's hard to fault Ford for attempting to keep up with the financial times. The big question is whether customers will be willing to pay for the hike in a soft car market, or if Ford will need to put more cash on the hood to move metal.

    [Source: Automotive News - Sub. Req.]
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  2. Jamie Miles

    Jamie Miles the road warrior

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    Never did understand why they came out with the Mark LT after the Blackwood failed so bad. You can add all the luxury you want to a truck, but it's still a truck...
     
  3. maverick1970

    maverick1970 MCG State Rep

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    Yup, I have a friend that has a Blackwood and he won't haul anything in that fancy bed. He just bought a 2008 F250 Harley Davidson Edition, at least it has a functional bed.
     

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