Expected price now "Mid-Twenties" for Slate truck

[AZFox]

When you plot quantity demanded at various prices you get a demand curve. The slope of that curve represents price elasticity of demand (price sensitivity).

How does this relate to this thread, you ask?

Slate needs to guesstimate what the demand curve and price accordingly.

Penetration pricing means "erring on the low side" for the jump-start effect of selling units rapidly while things are getting going.

Eventually guesstimating the demand curve will be easier based on how things go.

 

[Letas]

How does this relate to this thread, you ask?

Slate needs to guesstimate what the demand curve and price accordingly.

Penetration pricing means "erring on the low side" for the jump-start effect of selling units rapidly while things are getting going.

Eventually guesstimating the demand curve will be easier based on how things go.

Slate could also take a cost-plus price model and share that with consumers. Younger generation values transparency a ton.

 

[Daemoch]

I'd be fine with knowing what it actually costs and still realizing folks gotta feed their kids and pay their bills and stuff so the price will have to be "cost+". I own a business. I get it. I wont let my vendors under charge me because they have to make ends meet too....or I'll always be shopping for new vendors (and that costs me time=$).

Consider this: just look at what costs have done globally in the last 5 years. Now assume SLate has some setbacks and they come to market 5 years from now (FINALLY! YAY!). Do we REALLY expect them to honor the original pricing projections they started with? ARE YOU INSANE? lol

 

[Trace26]

You could buy a used pickup for $5k off of marketplace, if not cheaper, and not spend another $20k on it for the next decade or more, to match the cost of the new slate

Thats not knocking the slate, thats just reality. My '03 F150 was like $3500

If you don't do all the work yourself, you can hit that $20,000 in repairs real fast if you're unlucky.

 

[Daemoch]

I bought a used 2000 S10 (2WD, auto, ext cab) for $2500 from a good friend with about 120k on it He'd bought it a few years prior from the original owner with about 40k on it and had all records down to mpg records per tank (for business purposes). The drive shaft made noise. Turned out it was a 2 piece HD shaft that in addition to being rebuilt needed to be rebalanced, too. There was only one shop in the Chicago area we could find that could/would do it and they charged $4k just for the rebuild and balance. Cheap trucks arent always.

 

[cadblu]

I’m going to repost a picture I took yesterday.

This is what you can expect with a 25 year old pickup truck with 150k+ miles. This is why you should buy the Slate.

Any questions?

 

[sodamo]

Soooooo, is that $$$ just resting on the pavement?

 

[E90400K]

Hard pressed not to consider as competitive to a Slate. A truck with paint, radio, and 6' box.

 

[E90400K]

I’m going to repost a picture I took yesterday.

This is what you can expect with a 25 year old pickup truck with 150k+ miles. This is why you should buy the Slate.

Any questions?

Rorschach test?