A Buyer’s Market for Cars, Trucks Is around the Corner

Biggus Dickus

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I stopped by my local Ford dealer this week to grab some 5-50 and noticed inventory seemed up.

That said Mach-e's, Mach-1s, Lightnings fly off the lot
 

Inthehighdesert

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It’s click bait. The author used the metric price’s fell by .10% by whatever source. Ya, that’s a crash alright. Just like inflation was/is only 8.3-8.5%. Oh, and we all can afford to drive again since gas is $3.6ish, and diesel is $4.4ish. It’s a poor attempt to try and skew the mood that many things are going in the wrong direction.

As for the truck portion. The local dealer I ordered my 450 through last year and took delivery in March has zero F250’s, F350’s, F450, and F550’s. Only thing coming in are presolds. They hope to see inventory some time in 2023.
 
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wingnutt

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^^^ what he said, I have been looking for an F450 for almost a year now…but its a want, not a need so I can afford to wait 😉
 

Inthehighdesert

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I ordered my 450 Platinum in June of last year, got it in March of this. It was an msrp deal and Ford gave me a 3k rebate. I’m still getting calls to buy the truck for over the six figure mark. Side note. The truck is worth every penny.

^^^ what he said, I have been looking for an F450 for almost a year now…but its a want, not a need so I can afford to wait 😉
 


MAGS1

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I was talking to my dealer last Friday when I picked up my car. They’re being told that Super Duty’s are only being sold in base and XLT trims for 2023. No Lariat’s or other high trims due to supply chain issues apparently. They had 30+ appointments for the first two days that the Maverick order window opened as well. They can’t get enough Bronco’s either, they only last a week or so and they’re getting $20k ADM on those. They are getting allocated 1 Raptor R and it’s already spoken for apparently. Demand is still outpacing supply.
 

Hack

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Definitely wishful thinking. Inventory levels are not high yet. Cars are selling quickly still. We haven't seen high unemployment yet.

Used car prices are not going to go down unless the economy gets a lot worse. There are warning signs right now, but the full negative impacts of a down economy haven't hit yet. We are still seeing lots of free money being spent and unemployment is very low.
 

shogun32

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There going to be 40000+ left over my22 f150 and other SUV and such in the coming weeks. They're sitting in grassy fields wait on unspecified components.

They will have to fire sale them. Highly doubtful the fleet buyers have the funds to bail them out.
 

Inthehighdesert

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Lmao, not a chance. You do the math, there’s north of 10k Ford Franchise dealers in the US and 40k units waiting on chips.


There going to be 40000+ left over my22 f150 and other SUV and such in the coming weeks. They're sitting in grassy fields wait on unspecified components.

They will have to fire sale them. Highly doubtful the fleet buyers have the funds to bail them out.
 

MAGS1

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Lmao, not a chance. You do the math, there’s north of 10k Ford Franchise dealers in the US and 40k units waiting on chips.
Yep, every dealer I’ve talked to say they can’t get the trucks in fast enough. Still very high demand for trucks, especially the Super Duty’s.
 

Shifting_Gears

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I think trade values will dip and dealers will hold their overvalued inventory as long as possible in hopes to sell it without a loss. I keep a pretty frequent eye on trade values and used vehicle pricing and it’s showing a dip, at least in my area (South Florida). There’s tons of inventory so that may be influencing it also.
 

Ock

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at a local dealer today i saw a 1988 mustang gt vert, 127k miles, 14k... it was busted as well.
 

 
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