Do Not Buy A Used car!!!!!

LSchicago

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GJarrett

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Yeah the used car market prices are crazy now... However, I also own a boat that I bought used last year. 2002 model Sea Ray cruiser and today I can sell it for dang near twice what I paid for it in April of 2020. The boat market is even more Insane.
 

TricarboNate

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The price dropped again. They gave me $41,500 and now the price is down to $36,500. I don't see how they can stay in business with crap like that. Used 2019 Ford Mustang For Sale ($36,498) | Vroom
Wow, that's a good deal! Carvana bought mine for nearly $33k and it was a 2016 base model GT with 19,000 miles. They still haven't sold it and the price has dropped to $35 now....

Honestly these online car dealerships are just overpaying for used cars when the market was at the top. Now the bubble is bursting, prices are coming down faster than they can sell and burning through investor capital to do it..... Not my problem though! :)
 
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ORRadtech

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I'm finding it amusing all the people keeping track of their former cars...
Maybe it's just me but once I sell a car I could not care less what happens to it. I was happy with my deal or I wouldn't have sold it. I'm not even curious what happens to it after.
 

LSchicago

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I'm finding it amusing all the people keeping track of their former cars...
Maybe it's just me but once I sell a car I could not care less what happens to it. I was happy with my deal or I wouldn't have sold it. I'm not even curious what happens to it after.
My F150 I traded on my Mustang had a birthday at the dealer, then they made $500 on it. I'd say I did good.
13F150at store.jpg
 
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The Demon

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I am at my Ford dealer in Tustin California getting my oil changed. Their website says they have two Mach 1’s but I can’t find them anywhere. The showroom only has one F150 in it and the lot is bare. You would think they’d have them in the showroom. They’re not open yet so I can’t ask.
 

ICU812

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I am at my Ford dealer in Tustin California getting my oil changed. Their website says they have two Mach 1’s but I can’t find them anywhere. The showroom only has one F150 in it and the lot is bare. You would think they’d have them in the showroom. They’re not open yet so I can’t ask.
A lot of dealers sites list units that are on order or on the way.
 

The Demon

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A lot of dealers sites list units that are on order or on the way.
They just opened the doors. They are at sister dealers. $10k ADM. Not outrageous. Should I sell mine to them?:giggle:
 

MIKE MOORE

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I sold my 2020 GT I purchased last year to the same dealer for a PROFIT I paid invoice for the car. window was 32k and it is sitting on the lot as we speak for just shy of 45k. please do not buy a used car right now people are getting ripped off
Hold on. You sold it to a dealer for a profit, and that's OK, but they are selling it for a profit, mind you it's a profit that they give 25% of to the sales person, 10% to the sales manager, 10% to the general manager and they have to pay to recon it through the service dept, and if they sell it as Ford Certified, there's a fee for that as well, but that's not OK? They shouldn't make money. Dealers bad, public good. Got it.
 

shogun32

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it's a profit that they give 25% of to the sales person, 10% to the sales manager, 10% to the general manager
what throwback to the 1960's dealer is this? the managers get net to nothing and the sales guy gets $200-250 no matter what the selling price of the car...
 

ICU812

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what throwback to the 1960's dealer is this? the managers get net to nothing and the sales guy gets $200-250 no matter what the selling price of the car...
The point, that went over thy head was, the poster got a big profit off the car, but the dealer that has overhead and payroll are evil for trying to sell it for more than it could be bought for in 2020.
Dealer greedy, guy that sold it for way more than he paid, not greedy.
Guess ripping someone off is ok when the money is going into (his) pockets.
Kinda makes one look like a hypocrite when you are part of the greedy problem, but try to blast others(dealers) for the same.
I have a few co-workers and friends that will talk about ceo's and corporate greed, non stop.
But have sold their homes in this new bubble for hundreds of thousands more than they paid for them in 2017.
When a company or management try to get as much as they can for their service/product if is being greedy.
But when they do the same, all well and good.
I just nod my head, and think to myself, The elevator doesn't go to the top floor. Because pointing out that they are no different than the evil ceo's and companies. Doesn't go over well.
 
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shogun32

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I was plenty cognizant of your point. I was commenting on your distorted and obsolete notion of compensation.
 

13GetThere

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Oh I want to say something so bad, but I'm not dragging that lit cigar through the powder magazine.
 
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