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And if you buy that I have a bridge for you complete with ocean front property, in Arizona. If memory serves, the first 500 or so 2021 F150's manufactured are still in a storage lot near the plant because of the number of manufacturing defects found in the trucks. Ford has completely tripped on its manhood in that last half dozen years when in comes to manufacturing ability. And if the brand new Bronco follows in this trend, it could turn a home run vehicle for Ford into a swing and miss vehicle. I've driven an F150 every day since May 2001, and quite frankly, love my truck. But if I had to buy a new truck, I would not be looking at buying another Ford right now. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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Member |
And 'if' that happens as you've suggested, guess where Ford will be with thousands of partially completed Ford trucks and SUV parked all over the country. And even if Ford can complete the vehicles and get them to dealers, will there be near the number of buyers in the market to purchase them? This whole thing could become a total financial cluster if the stars align the wrong direction. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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Thank you Very little |
Well never fear, you can sell your F150 for a gain and put a deposit down on the new Hyundai Santa Cruz Pickup Link | |||
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I swear I had something for this |
https://apnews.com/article/sci...eab606936499b5e2c6f5 Some Used Vehicles Now Cost More Than Original Sticker Price DETROIT (AP) — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used. Then they’re selling it to consumers for more than $33,000. Welcome to the wacky world of U.S. car and truck sales, where the pandemic and a global shortage of computer chips have pushed prices to record levels. In the past year, used vehicle prices on average have climbed 30%, according to Black Book, which tracks car and truck data. That’s created many crazy situations where high-demand vehicles are selling for more than they did when they were new, said Alex Yurchenko, the company’s senior vice president of data science. “The market is very strange right now,” said Yurchenko. “Dealers need the inventory, so they are paying lots of money for their vehicles on the wholesale market.” Yurchenko has found 73 models of 1- to 3-year-old vehicles being sold at auctions (where dealers buy their vehicles) for prices above their original sticker, which is called the manufacturer’s suggested retail price. Used vehicle price increases accounted for one-third of the large rise in inflation last month, according to the Labor Department. Prices shot up a record 10% in April and another 7.3% in May, as inflation spiked 5%, the biggest 12-month increase since 2008. The average used vehicle cost $26,457 this month, according to Edmunds.com. Many of the models Yurchenko found were high-priced trucks and SUVs or highly sought-after loaded-out vehicles, including the high-performance Ford F-150 Raptor pickup, the 2019 Jeep Wrangler Unlimited Rubicon SUV and the boxy Mercedes G-Class AMG63 high performance SUV. But the two-wheel-drive Tacoma SR is the lowest-priced model of Toyota’s top-selling small pickup. To be sure, higher end versions of the Tacoma also were on the list, but even more mainstream vehicles are selling for more than their original prices. For instance, the 2020 Kia Telluride and Hyundai Palisade made the list even though both are considered good values compared with more expensive SUVs with three rows of seats. Yurchenko says the crazy prices are moving further into more ordinary vehicles. “Before we get through this, prices for many mainstream vehicles will get closer to their manufacturer’s suggested retail price,” he said. It all started in April and May of last year, when U.S. automakers were forced to close factories for eight weeks to help stop the novel coronavirus from spreading. That cut production, limiting inventory even as demand remained surprisingly strong. The factories came back faster than expected, and in the meantime, computer chip makers had switched to manufacturing semiconductors for phones, laptops, gaming systems and other consumer electronics. That created a shortage of automotive chips, which is forcing car companies to temporarily close factories, leaving some dealers with few new vehicles. The lack of new vehicles and higher prices have sent more people into the used vehicle market, so demand is high there, too. Plus, rental car companies, normally a source of late-model used vehicles, are keeping their cars longer because they can’t get new ones, Yurchenko said. At present, consumers who have to replace a vehicle don’t have much choice. “Unfortunately, if you need a vehicle, you’ll need to pay the price,” Yurchenko said. But there are signs that price increases are starting to slow. Used car prices rose 0.75% last week, the lowest weekly gain in 17 weeks. Trucks and SUV prices grew 0.68%, the lowest weekly gain in 15 weeks, according to Black Book. Karl Jensvold, owner of PricedRite Auto Sales, a used vehicle dealer in Lincoln, Nebraska, said he’s seeing wholesale prices leveling off, but he doesn’t expect them to drop anytime soon. “I think the normal used car market has reset to a different price point,” he said. “I don’t think we’ll see the prices (from) before COVID for a while.” Yurchenko said at some point prices will have to go back to normal and used vehicles will depreciate once again. The timing depends on how long it takes to get more computer chips so automakers can resume normal production, he said. “Once the new inventory levels start increasing, that’s where the pressure on the used market will be relieved,” he said. | |||
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[QUOTE]Originally posted by pedropcola: Most trucks I see are doing yeoman commuting driving. Ie, not hauling stuff, not dragging a trailer, not carrying cinder blocks, etc. I’m not a status guy so I figure if somebody pays 65k for a pickup and really could suffice with a Corolla then “a fool and his money..”. QUOTE] That’s a ridiculous statement. Is someone that drives a Mercedes but could drive to work and back in a Corolla a fool? Some people prefer more luxury and can afford it. Or is this just about trucks? Prices on everything are outrageous these days. | |||
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quarter MOA visionary |
Yeah you have to be careful with all of these apocalypses-caused inflation items. No you won't get it back so unless your need outweighs the premium financially then it is wise to think it through. However, that is how the market should work even though we don't like the interruption of stable pricing. It only gets worse - much worse when the government intervenes (sorry not trying to inject politics but those are the facts). | |||
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Official Space Nerd |
Yeah, I drove a 2012 F-150 for 9 years. I didn't haul lumber every day. I didn't even use a trailer more than 3-5 times total. But, it was my money, this was STILL America, and I bought it because I wanted it. That doesn't make me a 'fool,' and I didn't do it just for 'status.' I did it because it was a great truck, it was roomy, it had a huge mass advantage in case I got schwacked by a drunk driver, and I could haul tons of stuff around if I needed/wanted to. Sure, I could have gotten by with a Corolla, but I don't need The State's permission (yet) on what vehicle I can drive. I just traded it in this spring for a Toyota 4Runner. I loved that F-150, but I was sorely disappointed in the Ford's reliability. It had only 145,000 miles on it, which for a modern vehicle, should be still relatively reliable. I had several problems with it. The intercooler for the V-6 turbo was burning out, and I had to replace it. The front wheel bearings went out, costing me a couple thousand $$$$ for no apparent reason. I was driving down the road one day, and one of the cylinders stopped firing (more out of pocket $$$). The bearings were starting to go out on BOTH differentials. I did ALL the scheduled maintenance and oil changes. I did the transmission flushes, the radiator flushes, every nit-noid and EXPENSIVE maintenance preventative Ford recommended. In the end, I lost faith in the truck's reliability and I didn't trust it anymore. We replaced my wife's Ford Edge (130,000 miles) with a Toyota for similar reasons. There were several recalls open on the Edge, and good luck getting Phil Long Ford in Colorado Springs to do recall work. It also just up and lost a 'power steering unit' right before we sold it for no apparent reason, which set us back $3000. I was already fed up with the Ford dealership's predatory and nickle-and-diming policies and pricing, so I was glad to see both vehicles go. I don't plan to ever buy another Ford (and I was a Ford Guy for years until the bad dealership practices and poor vehicle reliability drove me to Toyota). I imagine I could have sold that F-150 for a small fortune now, but I don't really care. I LOVE my 4Runner. Even several months ago, finding these in stock was a needle-in-a-haystack proposition. I found a dealer in Denver that was getting 3 of the model I wanted in, and 2 of them were already spoken for. I jumped on the 3rd one, and have been happy as a clam ever since (all 3 of these 4Runners were sold before they even arrived on the lot). In the end, I got the exact truck I wanted and I have no regerts. Fear God and Dread Nought Admiral of the Fleet Sir Jacky Fisher | |||
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Member |
Nah, I think I'll stick with what I have for the time being. I thought you'd at least throw up pics of the 'coming' Ford Maverick that will compete with the Santa Cruz and Honda Ridgeline. ----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter | |||
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Political Cynic |
At Ford, quality is job 1.1(a) | |||
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No, not like Bill Clinton |
A little info We are finally getting some vehicles in that were sitting at the plants waiting on micro processors. One in particular was a Colorado, ordered late January, built in mid March and finally delivered yesterday They are back to producing almost all models, but most with lower content. They have eliminated the auto stop in the Silverados, Hallelujah!! The tech packages and safety packages are and will be non-existent for the near future except for a few high end models that will trickle through. For instance, a Tahoe/Suburban LT,Z71 or RST. You cannot get the luxury packages (memory seats, HD radio, rear heated seats, power folding rear seats), safety packages (collision alerts, smart cruise, surround vision cameras) or max trailering package. We haven't been able to order a High Country Tahoe for months because a lot of these things are standard in them. I was able to order a High Country 1500 Silverado today, first one in months. For my side of the business, I haven't been able to order a WT truck at all for months. I still have a good bit in stock and on the way only because I asked for waaayy to many when they were available to order and still only got about %20 of those. They need to open the WT's up pretty soon or I will be dead in the water I have some larger fleets that are getting a bit antsy. One of them does a yearly bid for about 50 trucks and the same amount of trade ins. I have told them I can't do their normal bid. I cannot order what I want like I usually can, I cannot hold a trade offer for a couple of months like I always do, trade values are way to volatile right now. I have to get approval from GM to order anything Fleet by submitting proof of an order from the client. Kind of hard to do without 2022 pricing info or even when I can start placing orders I'm still not sure what they are going to do but they will have to give me a ton of lee-way if they want trucks before the end of the year We are still selling at MSRP on HD Silverado's, some of the hotter 1500's as well as Tahoe's, Trailblazers and Colorado's. I'm still hearing the bigger dealers like Hendrick are getting $20-$25k over MSRP for HD's. Folks are coming from all over the US to buy hard to find trucks, it's been wild to watch | |||
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Thank you Very little |
That way here at a few dealers, SIL has a few Silverados, they sell at full MSRP, his dealer gets Corvettes, they had 5 on the floor, all at $30K over. Selling them $100K plus, it's nuts. | |||
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No, not like Bill Clinton |
All of our Vettes are pre-sold at least through 2022 at MSRP, except for the ZO6, $20k over. We have only had one come in that the buyer backed out on, I think they got $25k over for it We even have a wait list for the E-Ray already | |||
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Member |
The car market is getting to be like the Rolex stainless steel sport model market. Nothing available and if it is, it's way over MSRP. What a crazy world. | |||
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