Talk of The Villages Florida - View Single Post - Insight on Current Market for Buying a New Yamaha Golf Cart
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Old 07-01-2022, 01:18 PM
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I will comment on the prices. I am head of Purchasing for a major US manufacturer. For the past 1 1/2 years inflation has been rampant. We all know the reasons. There have also been shortages. The cost of steel and plastics has tripled. That is what a cart is made of, so Yamaha and others had to adjust pricing. They are also having the same people issues everyone has. Bacause new carts have a waiting list, demand skyrocketed for used carts and prices went up to. I can assure you that as we speak, steel prices are down 25-30% from their highs, and falling every week. All industrial metals are starting to head down. Plastics have topped out and some like PolyPropylene have fallen 25%. I have seen this before, the supply chain will correct. The big question is will it correct enough so that Yamaha has to drop their prices? Maybe not, but the big recession coming will. When new carts are plentiful again, used prices will drop for sure. This is my prediction.

So if you can wait until next summer to buy a cart, I would. In fact I am. Just paid off the used 2018 Quietech cart I bought 3 yeas ago and want to buy an additional cart. I am waiting. Also waiting to see what will happen with LI-ion battery cart prices. We will see.
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