I'd wait, I think they'll come down next year. Prices now on used are crazy and I think when covid unemployment catches up there will be less buyers and prices will come back down. I expect oil prices to recover and spike (even during covid oil consumption was only down 15% and I think we will see some crude shortages with the businesses that shut down due to crude pdice) but I'm not sure if it will be in the next six months.

Be very careful not to get a flooded truck from all of the hurricanes hitting the Gulf coast. They will try to move them north and west.

quote:

Originally posted by jimmy123x:
Here are some options for you IF you're willing to come to FL or have it shipped from FL. I think truck prices in Florida right now are going to be a lot cheaper than Michigan. Downside is less of a selection of 4x4's, but still a decent amount.

Offleaseonly.com has 6 (v6) and 3 (V8) late model F-150's and their prices are good and vehicles are solid.
https://www.offleaseonly.com/used-ford.htm

Or Mullinax Ford currently has 167 used F-150's, they're no haggle and the price listed is the price, my brother is a finance guy (was a salesman) at the Palm Beach location. He could do everything over the phone/internet for you, if you see one there you like........

https://mullinaxfordwestpalm.c...0-west-palm-beach-fl

Two things. If using Offlease.com, make absolutely sure to check the Carfax as much of their inventory are vehicles that have been wrecked and repaired. And if you get a hold of the right salesman, at the right time, Mullinax 'will' negotiate a bit on pricing. I know they advertise no haggle, but I bought a Ford Escape for a friend there last year and we were able to haggle some on the eventual pricing.

We bought the daughters Focus at Mullinax, since it wasn't expensive to begin with, they had what we wanted in inventory, and I wasn't about to spend days at different dealers haggling over $500.

Nice people, they have several stores, so you can find just about any model you want in any trim, color and configuration...

If it's used you want, check Carvana, they are now one of the largest buyers and sellers of used vehicles in the USA...

I visited Off Lease Only in Orlando and wasn't impressed with their vehicles. Most vehicles do not have a clean CarFax, most of the damage were minor things, or so they claim. I didn't like how the vehicles were not taken care of. Dirty, rips in seats, they acted like they didn't care enough to address the small issues.

I ended up saving more by buying a rebuilt car from a reputable dealer that bought it as a salvage. It wasn't a truck but I did manage to save quite a bit of money and even had it delivered to my home.

I expect them to go up - at least in this part of the country I've been solicited to sell my 2016 Tacoma for the past year and according to the floor manager at Toyota, used trucks are selling at premium prices right now

I don't see anything that would cause them to go down in price mostly because most people are likely just about finished paying off the vehicle and would be reluctant to get into another financing schedule.

quote:

Originally posted by bigdeal:

quote:

Originally posted by jimmy123x:
Here are some options for you IF you're willing to come to FL or have it shipped from FL. I think truck prices in Florida right now are going to be a lot cheaper than Michigan. Downside is less of a selection of 4x4's, but still a decent amount.

Offleaseonly.com has 6 (v6) and 3 (V8) late model F-150's and their prices are good and vehicles are solid.
https://www.offleaseonly.com/used-ford.htm

Or Mullinax Ford currently has 167 used F-150's, they're no haggle and the price listed is the price, my brother is a finance guy (was a salesman) at the Palm Beach location. He could do everything over the phone/internet for you, if you see one there you like........

https://mullinaxfordwestpalm.c...0-west-palm-beach-fl

Two things. If using Offlease.com, make absolutely sure to check the Carfax as much of their inventory are vehicles that have been wrecked and repaired. And if you get a hold of the right salesman, at the right time, Mullinax 'will' negotiate a bit on pricing. I know they advertise no haggle, but I bought a Ford Escape for a friend there last year and we were able to haggle some on the eventual pricing.

It shows on each vehicle listing if it has a clean carfax or not with offleaseonly. I cannot comment on the cleanliness of the vehicles there.

Mullinax is a first rate Ford dealership and all used vehicles have been detailed and carfax run. My brother was a salesman there for a few years and is currently a finance guy there at the Palm Beach location.

quote:

Originally posted by nhtagmember:
I expect them to go up - at least in this part of the country I've been solicited to sell my 2016 Tacoma for the past year and according to the floor manager at Toyota, used trucks are selling at premium prices right now

They are. I'm looking at getting a pickup and we test drove some Tacomas this past weekend. The used ones were all priced around $39k and the few new ones they had were $33-35K IIRC. Granted, I don't know what trim levels the new ones were as I didn't pay attention, so they could have been base models and the used ones were TRD Sport packages and had various aftermarket "upgrades" but still. Was kind of a bitter pill to swallow.

Jimmy,

I believe I read that Mullinax does not charge dealer fees? Or at least not $800 dealer fees like most dealers in the Central Florida area do.

That's the thing that really pissed me off about trying to buy a car in Central Florida. It's like they all conspire to charge that rip off "fee."

quote:

I believe I read that Mullinax does not charge dealer fees?

Correct, scroll down...

https://mullinaxfordfl.com/why...ford-central-florida

Thanks everyone. Good information as always. I think I'm going to sit tight and see what happens. If a sweet truck falls in my lap great, if not, I really don't have to hurry on the purchase.

That's a good position in which to be, sir

I'm as far from a new or used car expert as one can get, and haven't bought a car in years, and have never owned a new car...so I'll simply provide some info and let others read the tea leaves.

An excerpt from a local August article:

U.S. retail new vehicle market was off an estimated 20.1% through July 2020.

Japanese brand registrations were down 20.4%; European brands were down 19.7%; domestic brands were down 15.8%; and Korean brands were down 9.2%.

Only Lincoln and RAM registrations increased so far this year. Lincoln increased 4.9% and RAM increased 2%.

Colorado’s top five market share leaders are Toyota, Ford, Subaru, Chevrolet and Jeep. Jeep’s market share in the state exceeded U.S. levels by 1.3 share points.

Alternative powertrain vehicles (hybrid and electric) were all down in this same period. Hybrid was down 3.6%; electric declined 2.3%; and plug-in hybrid was down 0.6%.

Colorado’s used vehicle market through July declined 20.6%.

Today, a top of the hour news break confirmed that new car registrations are down in September as well.

To read the entire article-

Colorado’s new vehicle registrations declined 17.8% through July

I've also read a couple articles in the last few years that explained that used vehicle prices are up significantly due to the Obama-era Cash for Clunkers program which had a major impact in removing used cars from the road and market, driving up demand for the used cars remaining.

Although the Colorado Constitution requires that voters first approve all new taxes (Tax Payer Bill of Rights-TABOR), several years ago Democrat state legislators were able to circumvent the law by describing a significant tax on new/ used vehicle registrations by calling it a "fee".

During a good economy most people grumble but pay the increased car registration fees...however, in an economic downturn those increased fees act as a deterrent to buying a vehicle.

Lastly, and while I suspect this is true in other Democrat controlled metro areas around the U.S. I can't be certain, but within Colorado, there is a war on vehicles in Denver, Colorado Springs, and other large cities. Democrats have been on a tear to promote bicycle use and public transportation, and have been reducing/ eliminating both street parking and major roadway lanes, making traffic congestion worse and driving up commute times. This push has been known as "road dieting", although more recently I've been hearing the new term " "streetscaping". Denver currently has 196 miles of bike lanes and has committed to building an additional 125 miles of bike lanes by 2023, with an overall goal of 450 miles of bike lanes farther into the future. There are only so many places you can put bike lanes, which means additional street lanes will likely be eliminated.

This was going on before C-19, however Denver has used the pandemic as an excuse to close off even more streets and lanes, with the explanation that people need more social distancing while dining or walking around in urban/ suburban areas. Street dining has become a big thing in certain areas.

All these street/ lane closures are likely to force residents to consider either not owning a vehicle, (decreased demand) or owning fewer vehicles...or just moving to an area without these types of nuisances.

How do all these factors affect new and used car pricing regionally or nationally??? I dunno.