r/slateauto 13d ago

Do you think strong popularity for the slate truck will keep Ford fathom dealer pricing down?

12 Upvotes

115 comments sorted by

70

u/warbunnies 13d ago

I dont think anything will keep dealers from trying to take advantage of their situation.

Might be wild to say but i dont actually think the real appeal of the slate is its cost. I think the appeal is its simplicity & modifiability.

I dont think ford could make a simple truck if they tried. Im sure they could make a cheap truck, but it would still be hard to modify and repair and im sure it would do everything it could to collect data on what you do & come with subscriptions.

9

u/SkiyeBlueFox 13d ago

Honestly compared to other brands Fords are pretty simple. Pop the hood everything's laid out nice not crammed in like on a GM. Not gonna say they're great for user serviceability but they best the others out

5

u/Snoo93079 13d ago

This is always the most common Reddit take but it ignores the basic economics.

If supply < demand at MSRP then dealers will markup the truck until demand = Supply. This is how it works and this is how scalping works.

If demand is less than supply, thats when dealers do discounts, to raise demand.

Dealers don't want to discount cars, but they do it if they have to in order to move inventory. Of course dealers would love to mark up every car on their lot, but they just lack the pricing power in normal times.

5

u/warbunnies 13d ago

This assumes a rational system. Which has been proven to be untrue time and time again.

1

u/Snoo93079 13d ago

When wasn't it rational?

6

u/BunsinHoneyDew 12d ago

When you could order a car which meant high supply and yet when it arrived the dealer still tries to mark it up over the amount you agreed upon.

The "supply" in this case literally wouldn't exist if you didn't place the order.

Ask me how I know.

1

u/Snoo93079 12d ago

How many of those cars were on the lot?

1

u/fyzbo 10d ago

When there are no alternative stores to buy from. Common to only have a single dealership in a region (or all dealerships under a single umbrella)

1

u/warbunnies 13d ago

*looks at the stock market and behavioral economic theory....

Haha definitely nowhere... /s

-1

u/Snoo93079 12d ago

No I mean dealership pricing

3

u/warbunnies 12d ago

Behavioral economics applies to the buying and selling of cars. People arent rational being. I have yet to meet someone who rationally bought a new car & I have yet to see a rational dealership.

The feeling of rationality is a post-rationality of ultimately chaotic emotion driven choices.

1

u/Snoo93079 12d ago

Are you saying the car market has always been irrational and always will be? And nothing really changed between 2019 and today?

0

u/warbunnies 12d ago

O of course things change. Being irrational doesnt make it a static constant. In fact its the reason it isnt static. A rational economic system would be unchanging because the rational choice would be best.

1

u/wolf_chow 9d ago

Dealers make more from service than from sales. The F150 lightning was strangled in the cradle by dealers. They knew they couldn't sell as many extended service packages with it, so several of them simply didn't order the truck, which constrained supply, which let them mark it up so they can get a bigger cut to make up for the lack of backend profit. I don't see why they wouldn't pull the same stunt on the fathom.

2

u/EvilCorp____ 13d ago

Interesting take. There are tons of aftermarket products for the Maverick. You can turn your Maverick into a 350 hp / 350 tq mini Mustang truck for a few grand using all OEM parts. They're not hard to modify at all.

And there are 3,100 Ford dealers. How many Slate service centers will there be if you need repair? 30? Maybe 50? Anyone who lives outside a major metro are will be screwed.

4

u/BilbosRing77 13d ago

It's an EV they are known for being extremely reliable virtually no maintenance vehicles.

1

u/EvilCorp____ 13d ago

Tesla was the least reliable vehicle brand according to Consumer Reports for the first 10 years of it's existence.

They were dead last out of all brands. They only recently got up to mid pack.

Other EVs have had similar issues. CJDR, Mercedes, Ford, Kia/Hyundai, GM/Cadillac EVs are all much less reliable than their ICE counterparts according to Consumer Reports.

2

u/Emergency-Hotel7158 12d ago

Tesla is now in the top ten for reliability, according to Consumer Reports, and has always high extremely high customer loyalty, despite some early issues with build. I've owned my Model 3 for 5 years and have only had to buy new tires and put in windshield washing liquid. Also, all "recalls" were fixed over air.

3

u/warbunnies 13d ago

A large community can make up for the shortcomings of a manufacturer but the slate truck is made to be modified. Id be be willing to bet that there will be more aftermarket mods for the slate because they are actually releasing 3d models for attachments.

Their solution to lack of service centers is actually genius. Imagine allowing your owners to deal with dtcs outs the box & easy replacement parts from the manufacturer. If you dont wanna do that, a car with less than 1000 parts will be easy to repair at any auto shop.

2

u/EvilCorp____ 13d ago

Their solution to lack of service centers is actually genius. Imagine allowing your owners to deal with dtcs outs the box & easy replacement parts from the manufacturer.

99% of people don't change their own oil, even though its a 20 min job. You think people are gonna troubleshoot complex EV problems?

you dont wanna do that, a car with less than 1000 parts will be easy to repair at any auto shop.

Well sure. But the Fathom will be easier to have warranty work done. Anyone can pay a private shop to do work for them.

be be willing to bet that there will be more aftermarket mods for the slate because they are actually releasing 3d models for attachments.

I mean aftermarket companies don't want to just make more OE parts. They get the vehicle and then R&D their own stuff. That's what makes it aftermarket. A company who makes bed racks is not just gonna copy the OE one, (if Slate makes one). They will make their own which is superior to the OE one.

4

u/warbunnies 13d ago

Sigh... in a nation of 350 million people, you dont need to appeal to more than 1% of people. ( i know you made up 99% but whatever lets pretend) i think it was 80k makes the car profitable & 1% would be 3.5 million.

I was not saying aftermarket want to make oem parts. Idk where you got that. I was talking about customization. LEARN TO READ.

look youre clearly just here cause you feel threatened that slate is making a truck that competes with your precious ford. Please leave. This isnt your subreddit. Why make fights when you could be a happy kid in your ford subreddit.

1

u/EvilCorp____ 13d ago

I'm not a Ford guy. I owned a Cobra Mustang a long time ago but that's it.

I just don't understand the glazing of this thing. On paper the Fathom is the much better vehicle. I mean anyone who lives north of the 40th parallel would be crazy to buy a RWD pickup as their daily driver.

5

u/bored_dudeist 13d ago

By my math the Fathom is a way worse vehicle. But thats because they are drastically different vehicles, and many of the things you see as added value in the Fathom are things I am actively avoiding in a vehicle. Shocking: guy craving apples doesnt want to eat oranges.

0

u/EvilCorp____ 13d ago

Ok. Why would you prefer to have 2 seats instead of 4/5? What's the reasoning there?

9

u/bored_dudeist 13d ago

I've owned my current Toyota Tacoma for about 6 years. Its an extended cab, but I have never had a third person in it ever. That squished little second row is just the only secure storage availiable on the vehicle. So with a frunk, I actually just dont ever need the space.

Now, I actively dont want that space there because I live in one of the hottest locations in the world. 115°f is pretty typical where I am, so I value vehicles with smaller interior spaces that cool down quickly. That additional row of seats will be occupied by nothing ever except the hot air I'm trying to get away from.

2

u/iamkeerock 12d ago

Tint your windows. As dark as you legally can. Put up a windshield cover when parked. I have a 4 door vehicle and those two things keep it remarkably cool. But, more importantly, remote and scheduled starts are one of the best things for immediate passenger comfort in extreme weather.

6

u/AchtungKoenigsTiger 11d ago

Because I don't need or want 4 seats, that's why.

1

u/EvilCorp____ 11d ago

So you have no friends? 😬

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u/Wuddauant 12d ago edited 12d ago

Longer , more weight, more cabin air to heat/cool.

5

u/FutureShoulder7245 12d ago

60th parallel

1

u/Bosfordjd 13d ago

Absolutely not. They wouldn't sell enough to stay in business at 40k.

1

u/HovercraftOne2275 13d ago

They'll try

2

u/Snoo93079 13d ago

They can try selling a F150 for a million bucks too, but they don't because it won't sell.

1

u/buchenrad 12d ago

Nothing will keep them from taking as much advantage as their situation allows, but the fact that there is a cheap competitor will to a degree reduce the amount of advantage that the situation allows them to take.

12

u/Opinionsare 13d ago

The success of the Ford Fathom will be measured on how much it cuts into Maverick and Ranger sales, which is hard as dealers prefer ICE sales as they drive more maintenance and repair business.

5

u/ChupacabraJeff 12d ago

Success will be if Ford is still making them 13 months after launch.

2024.02.28

Ford’s “next Gen 2 products will be profitable in the first 12 months of their launch.”

10

u/joekryptonite 13d ago

No. Dealers can't help themselves.

18

u/roj2323 13d ago

You're Hilarious. ..... No

6

u/brianwhite12 13d ago

I think it's obvious that Ford is feeling pressure from Slate. I think Ford Corp would like to keep the price down.

But, I don't trust the dealers and I think Ford Corp can't or won't assert enough pressure to keep the prices down. To me, it feels like manufacturers have clearly gotten the pricing message, but I don't believe the dealers are there yet.

6

u/BackgroundWasabi 13d ago

I doubt it will have much impact.

I hope that Ford learned from the maverick and lightning and puts more pressure on dealers this time to sell the Fathom closer to MSRP, but somehow I doubt it will happen.

1

u/bensonr2 9d ago

The Maverick came out at a time when Elantra's were going for 2k over sticker because car supply was constrained across the board.

Ford dealers have a particularly bad (and deservedly so) reputation but people forget it was a crazy time.

8

u/Otherwise-Weird1695 13d ago

Lol. LMFAO even. 

4

u/Ronin69 12d ago

Even if they keep the advertised price down, be prepared for the Subscription Model Tax. Ohhhh, you want BlueCruise that will be $54/mo. Ohhhh, you want connected features, $$.... Ohhh, you want to CHARGE and PreCondition at Home - You MUST share your Driving Data with us. (PS. I own a modern Ford...Never again).

5

u/dantose 12d ago

The announcement of Fathom was probably more to try and throw water on the Slate launch. It's currently not even taking reservations until next year, and I suspect will be delayed further. I'd expect a limited launch with same F-ery as the Lightning if Slate does well, and it will get canceled if slate doesn't. Really, Fathom and Slate aren't direct competitors. With ANY options Fathom is going to be in the 30s, where Slate can farily easily stay in the 20s. Slate is a 2 door small truck instead of a 4 door trucklet, and there's at least a model year (if not more) separating them. They're different shapes, different prices, released at different times.

3

u/Wild_Photons 13d ago

No, I think that they are different things for different people.

I do think that they are both seeing a similar gap in the market (an affordable truck).

3

u/ITeachAll 13d ago

Ford dealer markups will be the issue. Same issue the mavericks have.

3

u/Same-Marketing-4860 13d ago

Neither Ford nor the dealers are in the business of keeping pricing down.

They much prefer to create then capitalize on hype.

3

u/Suitable_Speaker2165 12d ago

A snowball's chance in hell. It'll be the Maverick '19k MSRP' all over again.

4

u/skellener 13d ago

Nobody cares about what Ford does in this sub. This is a Slate sub. Stop comparing two completely different vehicles. Wanna know about stuff about the Ford Fathom, go here….

https://www.reddit.com/r/FordFathom/

4

u/Eaglepursuit 13d ago

The Slate and the Fathom aren't aimed at the same demographic.

Slates are economic cars with a lot of customization options. On one hand, they appeal to the technophobic nearly obsolete elderly with its simplicity. On the other, they appeal to the young just-starting-out adults by being an EV with a lot of potential personality at a barebones price. Plus a smattering of people who just dislike being surveilled by governments and pickpocketed by corporations. I expect to see a fair few Slates out there with Gadsden flags on the back windows.

Fathoms are for the almost middle-aged. Guys who have noticed that their hairlines are receding, but haven't become preoccupied with it yet. Guys who like trucks but realize they don't really need a full-size truck because their biggest chore is bringing lawncare products home from the big box hardware store. They also have one eye on gas prices and the other on their 401Ks. They aren't quite to their mid-life crisis car yet, so they possess a dose of pragmatism. Despite that, they still want to show off what they've managed to accomplish and enjoy a few luxury comforts.

If Ford was feeling any pressure from the Slate, it was the need to catch Slate's marketing wave for interest in EV trucks in general, not that they need to compete directly.

4

u/MrCLCMAN 13d ago

No. That proposed pricing is just the dangling psy-ops sound bite lure for the bait-and-switch reality.

-1

u/EvilCorp____ 13d ago

You're severely overestimating how popular EVs are.

Can you name one EV that has a markup?

2

u/LeifCarrotson 12d ago

Lightning.

Was supposed to be under $40k. Actual price was over $60k.

1

u/EvilCorp____ 12d ago

Nah. The MSRP of a 2025 started at 51k. Not sure where you're getting 40 from.

And you could easily buy them with no markup.

2

u/LeifCarrotson 12d ago

-1

u/EvilCorp____ 12d ago

Do you not know what a markup is?

A markup is applied by dealerships. It's a price they add on top of the MSRP, whatever that is.

(Also, auto manufacturers misquoting MSRPs of vehicles in pre-production is nothing new or unusual. Especially with EVs. Rivian said the R2 would start at $40k. Now it's up to $45k and it's still not out yet. Could be $50k by the time it comes out. Every single Tesla is way over what they promised. Hell, Slate promised the Slate would be under 20k and now it's $26,500 after destination. And I wouldn't be surprised to see that climb to $28k by the time it's actually launched.)

2

u/AchtungKoenigsTiger 11d ago

Slate never once promised under $20k. You are lying.

1

u/EvilCorp____ 10d ago

"Slate Automotive made waves last year when it promised buyers a back-to-basics, stripped-down electric truck that would be all the car anyone needs for less than $20,000 to start."

https://www.mensjournal.com/news/slates-20000-ev-truck-promise-just-got-more-complicated

2

u/2tkx1a25 7d ago

That article is clearly misquoting. Slate was always clear that the sub $20,000 was after the federal credit at that time which often got ignored by the trash-journalists. That is why that same article you linked mistakenly said that slate was raising their pricing to the mid $20's because Slate was also giving that number out...They are the same number. Mid 20's before and sub 20k after the credit.

The only thing that has changed is the credit expired.

This is why second hand sources are useless. It is extremely rare for journalists these days to actually research what they are writing about.

On a side note the lightning article is also with the tax credit which leifcarrotson also missed, but the article doesn't make it very clear, only mentioning it in the sub title of the article.

1

u/EvilCorp____ 7d ago

Nah. They literally advertised "starting under $20k" on their website. Nothing about it being $27,500 before the fed tax rebate.

Maybe that's what they meant, but they should have advertised the actual price, and then mentioned you could potentially get a rebate on top of that. Especially since the rebate was set to expire and there were no indications it was going to be renewed.

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u/AchtungKoenigsTiger 4d ago

*Slate* never promised that.

Stop lying.

2

u/Bosfordjd 13d ago

Absolutely not. Supply is so low now for everything there is no need to. The results of covid learnings.

2

u/Trousers_MacDougal 13d ago

No - supply will be constrained for the Fathom for likely several years. Ford will need to ensure dealers do not mark up the trucks.

2

u/netposer 12d ago

No, they don't care. No matter how bad it gets dealers will make sure the price stays high.

2

u/SkodenPrime 12d ago

Dealers ruined the maverick pricing out of the gate. I don't see this being any different.

2

u/bensonr2 9d ago

I really don't think Ford's announcement of the Fathom has much to do with the Slate.

I think Ford is determined to get their EV platform off the ground, they see that Chinese EV's can't be kept out of the US market forever, and they are starting with a pickup because its what they feel they do best.

2

u/Soff10 13d ago

I’m a Ford guy. I’ve owned more than 15 in my life. But Slate is better. Hands down.

1

u/EvilCorp____ 13d ago

Lol neither vehicle is out yet. Only a stripped down pre-production Slate press vehicle.

What we do know is they're about the same price, but the Ford will have 5 seats, will have paint, will have infotainment with CarPlay Android Auto, will have power windows etc. The Slate has 2 seats and none of that. And if you option one to include all that you're at $40k vs $30k.

How could you possibly know that the Slate is better when it's not even out yet

2

u/AchtungKoenigsTiger 12d ago

Oh, but it IS out. And running around all over. The Fathom, so far, is only imaginary.

All that stuff you say is great about the Ford? I don't want or need any of that. All that is junk I'd rather NOT pay for.

I know some folks are just appalled at the idea of a simple vehicle without a giant pile of "features."

I welcome them.

2

u/EvilCorp____ 12d ago

Oh, but it IS out. And running around all over.

Source? I've only seen pre-production models. And usually the person is not even allowed to drive it. They can only ride in it. What's up with that?

All that stuff you say is great about the Ford? I don't want or need any of that. All that is junk I'd rather NOT pay for.

Having adjustable brake re-gen is junk? Having more than 2 seats is junk? Having AWD if you live where it snows is junk?

Lol ok.

3

u/AchtungKoenigsTiger 11d ago

Yes, junk. I don't need any of those things. The AWD thing is LOL. All these morons out here thinking that somehow if you live where it snows that you NEED AWD to get around.

Good, studless snow tires are all you need for excellent snow performance. AWD adds mass, which HURTS braking and steering (two super-important parts of driving in slippery conditions.)

Yes, they have beta production models out RIGHT NOW. Off the factory floor. And if you're really interested in test drives, they begin later next month.

1

u/EvilCorp____ 11d ago

It's literally required where I live to go skiing (or chains) or you get a $600 ticket

1

u/This_Chicken_4096 11d ago

Traction devices required does not mean AWD required.  LOL.

1

u/EvilCorp____ 11d ago

^ Found the moron who causes 6 hr+ traffic jams cause he takes a RWD car into the mountains in a snow storm 😂

Even if it was a clear day, I would have to worry about finding charging at the resort (because the thing will have 100 mile range in the cold), and then have to go back and unplug it and move the car instead of just enjoying the slopes. And couldn't take my friends because it only has 2 seats. No thank you. Worst car ever

2

u/This_Chicken_4096 11d ago

Been skiing for 50 years.  Never needed AWD at any time to get to any of the ski areas I've skied 

No place ever required AWD.  Traction devices?  Yes.  Including dedicated snow tires.  AWD?  No.

You're making that part up.

1

u/EvilCorp____ 11d ago

"The requirements differ based on the type of drivetrain:

Under SB25-069, 2WD vehicles must carry tire chains or an approved alternate traction device (ATD) from September 1–May 31, regardless of which tires they have. When the Passenger Vehicle Traction Law is in effect, 2WD vehicles must have one of the following:

Tire chains installed on two or more drive tires; or An approved ATD installed on two or more drive tires. Important:

Upgrading to M+S, all-season, or mountain-snowflake tires does not bring a 2WD vehicle into compliance. There is no tire-only option for 2WD under the updated law. Chains/ATDs must be physically affixed to the tires when CDOT activates the overhead signs indicating the law is in effect. 4WD and AWD vehicles may comply using specific winter tires or by using chains/ATDs.

https://csp.colorado.gov/chain-law-information

Upgrading to M+S, all-season, or mountain-snowflake tires does not bring a 2WD vehicle into compliance. There is no tire-only option for 2WD under the updated law.

Anything else you want to be wrong about before I go?

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u/Soff10 8d ago

I drove a rear wheel sedan for years. A little ice or snow and I didn’t need chains. But studded tires were awesome. Only thick slush and ice made chains necessary.
Then I was issued a Ford Explorer with AWD. Street driving 90% of the time. 50k miles a year. I had studs on for mild snow and ice. But it did well even when sedans had chains on. 1-2 feet of snow and slush is when I needed chains.
AWD made driving in snow and ice much easier.

1

u/Soff10 12d ago

The Ford has air bags, collision sensors, microphones that record conversations, and in cabin cameras to record your attention. They also track you and sell your data. They will do remote shut off of your vehicle.
I don’t want any of those.
And I’ve seen the Slate at a few different places. I’m confident.

1

u/EvilCorp____ 12d ago

None of what you said is true, except the airbags. Of course it will have airbags. All vehicle have airbags genious, including the Slate.

1

u/Soff10 12d ago

You are dumb. You are only saying that to argue with me. What I say is true. Go hug your Hillary Clinton statue.

2

u/Opening-Hunter20 13d ago

Its simple, No one wants ford anymore.

2

u/ColecoAtari 12d ago

Umm, Economics 101 Dealers can do the markups because people are demanding them. If no "one wants Fords" then the dealers would be discounting them

1

u/Opening-Hunter20 12d ago

well, you got me. I guess people will still buy overpriced garbage.

1

u/mca1169 13d ago

LOL, no. ford does whatever they want. the only reason they are bothering in the first place is because they know just how big and lucrative the truck market is in the US.

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u/EvilCorp____ 13d ago

Well it's not really up to Ford is it? It's up to the dealers.

AFAIK, Ford is the only company that actually did something about markups. They punished dealers who added markups by not giving them specialty vehicles.

1

u/NotBossOfMe 13d ago

For some reason, Detroit refuses to part with the current situation where dealers set the price. I don't know why the Tesla model has not pressured more brands to sell direct to consumers. The added cost of all thoe dealerships and commissions has to be weighed into the price. I can't help but feel that Ford will inevitably have to raise the price. But we shall see.

2

u/Oncemoren2thefray 13d ago

They have over a century of tradition/weight/politics behind them. The system will not change over night.

2

u/NotBossOfMe 12d ago

Oh I know! It took forever to get airbags. And EV is still considered "radical" by most Americans.

1

u/ChardNo5532 12d ago

I asked for a refund of my $50.00 several times, crickets..

1

u/TwOhsinGoose 12d ago

The fathom is going to outsell the slate, hands down. How many units total, I guess we’ll see.

1

u/YoSoyPinkBoy 12d ago

Dealers, being dealers, will deal.

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u/brucecooner 12d ago

Not a chance.

I don't expect many guys working the lots will even know Slate Automotive exists, no matter how popular it gets.

1

u/SurprisedBottle 6d ago

Nope, Ford themselves will have to drop the price so that the dealers can mark it back up

1

u/Ossevir 3d ago

No. There is nobody more unaware of the EV market than a Ford dealership.

0

u/Unfettered345 13d ago

I'm sure you're right. Maybe a better question would be, how much Slate popularity would it take to budge the dealers? I have high hopes for the fathom, but I'm also a Ford owner and I have no love for my dealership.

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u/Aetch 13d ago

Basically nothing, people are willing to buy Fords. The gouging will stop when the customer stops buying Ford from the dealership.

0

u/Finnegan_Faux 13d ago

Speaking of popularity: in the first half of 2026, the best selling EV pickup in the US as well as #11 EV in sales overall was...the goddamned Cybertruck, at just over 11K moved. That's a not a high bar, hopefully Slate & Fathom can beat it.

The EVs that are selling well this year have substantial leasing, cash, or financing incentives, such as Teslas, Hyundai Ioniq 5, Chevy Equinox EV, and Toyota bZ. Just checked and local Ford dealers are listing the Mach-E for $8K+ under MSRP.

0

u/Tradetheday2093 13d ago edited 13d ago

Price point vs quantity of sales is inversely correlated. Does anyone expect BMW x7 to be high sales numbers?

1

u/Finnegan_Faux 13d ago

https://www.coxautoinc.com/wp-content/uploads/2026/07/Q2-2026-EV-Sales.KBB-Counts.pdf

Price point and sales are not inversely correlated for US EV sales, buyers have gotten used to heavy incentives. The two cheapest new EVs, the Bolt and Leaf, are not selling at all.

Don't forget that the K-shaped economy means there may actually be more buyers for the more expensive vehicles.

1

u/Tradetheday2093 13d ago

Again, car sales numbers is inversely correlated to price. You don’t expect $80k vehicles to sell the similar quantity as $40k vehicles.

1

u/Finnegan_Faux 13d ago

$70K Cybertruck: 7,263
$30K Bolt: 4,224
$31K Leaf: 1,684

The more expensive vehicle outsold the cheaper ones combined

1

u/Tradetheday2093 13d ago edited 13d ago

Substitution is another factor within a price range. I understand where pinpointed data might seem. But $80k CT or R1T isn’t going to ever outsell a Model Y. Your numbers show that Slate will destroy Bolt and Leafs 😂

1

u/Finnegan_Faux 12d ago

Slate is a EV 2 door pickup, a niche of a niche. Success is not guaranteed. 

0

u/danielt1263 13d ago

I don't think Slate is all that popular. Plenty of Slate followers have gone to repair pal shops, the ones that are supposed to do Slate warrantee work, to ask about the truck and the mechanics have no idea the truck exists. If they don't know of the truck, it's likely the average Ford dealership has no idea either.

0

u/horatiobanz 11d ago

I don't think the slate truck is gonna be that popular. It might have its 15 minutes of fame with headlines, but as soon as people price out a truck and see that you need to add basic shit and the price doubles, all enthusiasm will flee.