Page 1 of 3 123 LastLast
Results 1 to 15 of 34
  1. #1

    Join Date
    Mar 2001
    Location
    Keokuk, Iowa
    Posts
    3,319
    Post Thanks / Like

    Big price increases coming in near future


    Last week had a chat with an old friend who is a top manager at a large car care products company. He sais that raw materials, packaging, printing has gone off the wall and produts will see a 20 to 40% retail price increase in the next few months. Just a heads up from the top.
    "Logic dictates I have been at this detailing thing way too many years!":wink1:
    Likes Cadfael, Stokdgs, 65chevy, John U, danlc95 liked this post
    Thanks Cadfael, Stokdgs, danlc95 thanked for this post

  2. #2
    dansautodetailing.com Stokdgs's Avatar
    Join Date
    Apr 2009
    Location
    NorCal.. Avatar = Swan Lake, Hallstatt, Austria
    Posts
    4,944
    Post Thanks / Like

    Re: Big price increases coming in near future

    Ron Ketcham --
    Thank you for this alarming news..
    Did your friend happen to say why these things have gone up??? Because of the virus??? Some other things??
    I have noticed that even in the nasty, dirty, walmart I have to shop in now, my grocery bill for one, has gone up and I purchase only the same things..
    Thank you!
    Dan F
    Likes Old Pirate liked this post

  3. #3

    Join Date
    Oct 2017
    Location
    St. Louis Metro Area (Illinois)
    Posts
    781
    Post Thanks / Like

    Re: Big price increases coming in near future

    There was an interesting article I read today which mentioned the inflation was due to a lot of factors all colliding at once.

    When the pandemic hit most companies they scaled back production either due to necessity to reduce crowding in facilities, full on closure due to local conditions/finical issues, or because buyers dried up. Now that world is starting to go back to normal people are trying to buy stuff, but companies are trying to scale up but it isn`t happening fast enough. Demand is outstripping supply. Transportation is also an issue whether it`s trucks, trains or ships. Capacity is being outstripped by demand.

    I was at my local lawn mower shop not long ago to try and buy a new mower. They were almost totally out of everything and the companies are telling them any new inventory is weeks away because they can`t get parts to build the mowers. They are a small shop and I can`t imagine how much money they are losing because they have no inventory to sell.
    Drop by to see the latest at The Car Geek Blog
    Likes Stokdgs liked this post
    Thanks Stokdgs thanked for this post

  4. #4

    Join Date
    Apr 2021
    Posts
    74
    Post Thanks / Like

    Re: Big price increases coming in near future

    And fuel prices are going up so throw that in the mix.
    Likes wannafbody liked this post

  5. #5
    Older's Avatar
    Join Date
    Jun 2018
    Posts
    357
    Post Thanks / Like

    Re: Big price increases coming in near future

    Food prices are skyrocketing as we speak.

  6. #6

    Join Date
    Mar 2001
    Location
    Keokuk, Iowa
    Posts
    3,319
    Post Thanks / Like

    Re: Big price increases coming in near future

    Facebook- More details at Detail Buddies on in a letter sent out by another supplier to their customers.
    "Logic dictates I have been at this detailing thing way too many years!":wink1:
    Thanks Stokdgs thanked for this post

  7. #7
    John U's Avatar
    Join Date
    Feb 2005
    Location
    Eagan MN & Scottsdale AZ
    Posts
    312
    Post Thanks / Like

    Re: Big price increases coming in near future

    Definitely a topic we are hearing daily. A Boy Scout would say..... Be Prepared!

  8. #8
    wannafbody
    Join Date
    Aug 2006
    Posts
    7,882
    Post Thanks / Like

    Re: Big price increases coming in near future

    Fed printing money like a toilet paper factory doesn`t help either.
    Likes John U, craigdt, FunctionalDoc liked this post

  9. #9

    Join Date
    Jun 2020
    Location
    NJ
    Posts
    85
    Post Thanks / Like

    Re: Big price increases coming in near future

    Quote Originally Posted by wannafbody View Post
    Fed printing money like a toilet paper factory doesn`t help either.

    Well, when you create 40% of all dollars in a year, it shouldn`t be a surprise when prices go up. In conjunction with supply chains having been in a chokehold.
    Likes craigdt, FunctionalDoc liked this post

  10. #10

    Join Date
    Aug 2002
    Location
    Green Bay, WI
    Posts
    2,256
    Post Thanks / Like

    Re: Big price increases coming in near future

    If you think things are bad now or in the near short term, wait until the government takes off (or more correctly, allows them to expire) the moratorium`s (payment stoppages) on rents, mortgages, and student loans.
    These extensions have gone on throughout this pandemic, but they cannot go on indefinitely (although those who "control" the federal government in Washington,DC and those who voted them in think they should).

    Let`s just put it this way: "You do not make the poor people rich by making the rich people poor."
    Or more succinctly, this quote from World War II era English Prime Minister Sir Winston Churchill:
    `The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.`

    I think the above remark by Poison The Well is well worth noting (no pun intended) about "creating" 40% of the dollars in one year. Some governments devalue their currency through executive authority or legislation. We do this in the Untied States by just printing more of it. This never ending cycle of increased wages, increased prices on goods and services called inflation gives the illusion (and it IS an illusion) of "creating" personal and societal wealth. As long as YOU believe a government-printed dollar is worth a dollar, inflation is acceptable, and quite frankly, necessary for this illusion of wealth. It ends when there is no trust or acceptance by individuals or businesses in that printed dollar currency as legal tender. Enter the credit card and cryptocurrency. How else do you exchange large sums of money needed to pay for every-day essential living items. Businesses see paper money as a liability to handle as payment, count manually to keep track of, and protect in safes or with armored carriers, not an asset. Need I say more.

    By the way, Desertnate`s lack of new lawn mowers experience is very real. I talked with a local mower dealer here who ordered his Spring 2021 walk-behind gas small engine mower inventory back in early October 2020. He has gotten 15 of the 81 mowers they ordered. His "new" shipments arrived with unattached wheels in the shipping box because they did not arrive at the factory in time for the assembly line and was told to put them on himself. It has been a trickle of "new" arrivals and he does not get compensated for the time his repair personnel are required to do this wheel installation. Where there are usually 20 to 30 consumer/residential mowers on display in his showroom, there are MAYBE 10 and most of those are the higher-end mowers no one wants to pay the big-bucks for or are commercial models in 25" or 30" widths decks.

    Does anyone know if this 2021 February`s Texas Polar Vortex disaster is still affecting petroleum refining and gas production in that state and hence supply?? The Colonial Pipeline ransomware hack opened some eyes about the vulnerability of all of our gasoline supply line distribution and infrastructure.
    GB detailer

  11. #11

    Join Date
    Jun 2019
    Posts
    130
    Post Thanks / Like

    Re: Big price increases coming in near future

    Interesting....that will make me very picky on products then. I`m picky now. Sucks for professionals that`s for sure and car care companies, i can see a drop in newbies. This hobby can get very expensive as it already stands.

    Might use this has an excuse to buy some bulk items. lol
    Likes danlc95 liked this post

  12. #12
    roscopervis's Avatar
    Join Date
    Jun 2014
    Location
    Swansea, Wales.
    Posts
    52
    Post Thanks / Like

    Re: Big price increases coming in near future

    You should be in the UK right now. On top of the global market issues, we have foisted upon us through the wisdom of our right leaning government and majority of the public Brexit. The wisdom of these peoples has meant that on top of the economic issues caused by coronavirus, we have (in a no way predictable, but which was predicted by anyone with any sense) the issue where we have left a massive trading bloc with free trade and all the benefits and have gone out essentially alone and having to agree terms on every part and delivery where there was none. This is particularly problematic with cars and other items where the components used to cross the borders several times before final assembly. It’s a total mess.
    Mae gan un o fy nghar ddau silindr a gyriant pedair olwyn. Mae gan y llall yr injan yn y canol. Dwi ddim yn hoffi rheolaidd.
    Likes Stokdgs liked this post

  13. #13
    dcjredline's Avatar
    Join Date
    Dec 2013
    Location
    Near Rochester, NY
    Posts
    728
    Post Thanks / Like

    Re: Big price increases coming in near future

    Funny, we produce beer at my work and we NEVER shut down through the pandemic. We picked up production and havent stopped since. Funny that all these companies shut down and now we are going to see the results. Wish we had months off and made more while sitting home than I do at work cause the GOVT was giving the $600 extra!!! Oh well
    Don

    1989 Formula 350
    2004 Saturn Ion Quadcoupe
    Likes Stokdgs liked this post

  14. #14
    dansautodetailing.com Stokdgs's Avatar
    Join Date
    Apr 2009
    Location
    NorCal.. Avatar = Swan Lake, Hallstatt, Austria
    Posts
    4,944
    Post Thanks / Like

    Re: Big price increases coming in near future

    Regarding the Colonial Pipeline (Thanks Lonnie) hack, does anyone here work or has worked on one of these big pipelines ???

    Will you please when you have time, tell me how something that is round, has lots of valves to open and close, divert product/s here to there, can be actually attacked by a small low voltage signal, and now be rendered unable to operate, please???

    I still think of it as huge system of pipes that have "open and close valves", that had to be operated by hand for hundreds of years before the internet was even an idea.

    So, if you have a pipeline, and it has a lot of valves that can be opened and closed to move product in and out, how could you not revert to doing it manually again, and just disconnect those pesky internet connections, that somehow disabled your big pipeline??? Did Colonial not ever think about this and have the normal Disaster Recovery Plan in their Binders???

    Does not every big company still Back Up all their Files regularly and store them all offsite, so they can be recovered and loaded back up in the event of a Disaster Recovery???

    Does America not have our own Hackers, perhaps teams of Hackers that can go out and undo what other Hackers did to our Operating Systems, etc., ???

    Can`t we just trace their IP addresses no matter how many places they went with them to get to our pipeline, and send something back to them to disable them or better yet, send some big guys over to slap them silly and make them cry and promise to never do it again ??

    Sadly, I saw today that the Keystone Pipeline that some dilbert stopped the work on, is going, going, gone...
    Sorry Canada.. Sorry, America.. And especially sorry to those thousands of people who had work or had business that were related to this project that are now all out of a job..

    Dan F
    Likes dcjredline, danlc95 liked this post

  15. #15
    dansautodetailing.com Stokdgs's Avatar
    Join Date
    Apr 2009
    Location
    NorCal.. Avatar = Swan Lake, Hallstatt, Austria
    Posts
    4,944
    Post Thanks / Like

    Re: Big price increases coming in near future

    Quote Originally Posted by dcjredline View Post
    Funny, we produce beer at my work and we NEVER shut down through the pandemic. We picked up production and havent stopped since. Funny that all these companies shut down and now we are going to see the results. Wish we had months off and made more while sitting home than I do at work cause the GOVT was giving the $600 extra!!! Oh well
    I know, Amigo, it is the strangest times for sure... But look at it this way for a moment; You worked all that time and put $$$ into your Retirement 401k, etc., and all those people who chose to take extra$$ now, are not going to have as much Later, when they are getting to retirement time, and you will..

    I personally have worked hard since I was 10. Nothing fazes me.. I would rather always work..
    Dan F
    Likes dcjredline liked this post

 

 
Page 1 of 3 123 LastLast

Thread Information

Users Browsing this Thread

There are currently 3 users browsing this thread. (2 members and 1 guests)

  1. bob m,
  2. RPPM

Similar Threads

  1. Future car
    By ca.detailchick in forum Hot Tub
    Replies: 6
    Last Post: 11-06-2013, 09:38 PM
  2. Replies: 30
    Last Post: 04-19-2013, 01:32 PM
  3. Poorboy`s World Price Increases
    By Poorboy in forum Poorboy's World Forum
    Replies: 8
    Last Post: 06-30-2007, 10:44 PM
  4. My future mod...
    By kompressornsc in forum Hot Tub
    Replies: 2
    Last Post: 11-05-2006, 09:09 PM
  5. 2005 Price Increases
    By Poorboy in forum Poorboy's World Forum
    Replies: 48
    Last Post: 12-30-2004, 09:48 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •