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re: Ford
Posted on 3/21/20 at 11:21 am to Boatshoes
Posted on 3/21/20 at 11:21 am to Boatshoes
Personally, I wouldn’t buy Ford simply because of their future product line. Canceling all small cars and sedans and moving to all trucks and SUVs isn’t a diverse product line and very dependent on one segment.
We used to have two Fords, which were bought trading in Fords. Now we’re down to one. Soon it will be zero. Their product line is unappealing unless you like 1. Cheaply made small SUVs (the new escape is awful) or 2. Expensive trucks or SUVs. A $45,000 explorer just isn’t attractive, to me anyway.
It’ll take at least four or five years to correct the product cycle and that’s only if they decide to change course.
Long story short, not great financials and an unappealing product lineup. Not a good mix.
We used to have two Fords, which were bought trading in Fords. Now we’re down to one. Soon it will be zero. Their product line is unappealing unless you like 1. Cheaply made small SUVs (the new escape is awful) or 2. Expensive trucks or SUVs. A $45,000 explorer just isn’t attractive, to me anyway.
It’ll take at least four or five years to correct the product cycle and that’s only if they decide to change course.
Long story short, not great financials and an unappealing product lineup. Not a good mix.
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