Potential Price Increases Next Year.....

[JimMorrissey]

I wonder what kind of price increases we'll see with the cost of steel so high.....To buy now, or to wait for next year's models?

 

[gsxr1100]

based on everything I have seen (fuel, food, company benefits, medical benefits, building supplies) I would have to say yes. Everything goes up not down. You can thank "the man" for this!

 

[sneaky_pete]

I had the same thought, but already made my decision - bought a disontinued model at a steep discount, with 0% financing versus waiting to see what will happen next year. Bought 800 gallons of Propane also, so yes I think the price of everything is going up, as inevitably happens with high energy prices.

Pete

 

[boustany]

Oh yeah, baby.
Expect prices to be up considerable because of steel and oil (oil indirectly affects electricity, etc.).
Many companies may have had supply hedges in place which should be winding down over the next few months. Their choices will be limited. Could be 10% + price increases.
Plus, inflation concerns (due to oil & steel) could lead to higher intrest rates)