quote:

Originally posted by Flash-LB:
I bought a new 2021 Ford Bronco Sport for $500 under MSRP 5 months ago and it was a pretty easy, smooth deal. They threw in 2 free years of bumper to bumper service to sweeten the deal and gave me KBB for my trade in and yes, I checked before I went in.

Now I'm hearing they get marked up $4K~$8K over MSRP.

Nuts

My brother just had Vroom offer him $4000 more than he paid for his 2021 Bronco and he has nearly 8K miles on it!

I bought a pristine 2017 Camry XLE in 2019. Had a little less than 12,000 miles on it and currently has just under 18,000. Paid it off in a year and essentially it is a new car. Dealership I bought it from called, texted and emailed me Friday, sending me an offer to “upgrade me” with a comparison table, of course, just based on a couple of features and a monthly payment. “Conveniently” the table showed my XLE as a 2017 SLE. In 2021 there is about a $4000 difference in the trim packages. I responded to them just to call them out on the duplicity of comparing my much nicer car to a lesser model. Told them I couldn’t imagine why I would trade in an essentially new much nicer paid off car for a car payment.

quote:

Originally posted by Blackmore:
My brother just had Vroom offer him $4000 more than he paid for his 2021 Bronco and he has nearly 8K miles on it!

Cool. But the problem is, he'd have to turn around put an extra $4000+ towards buying a comparable replacement, so it'd still be a net wash/loss.

Similar situation to the real estate market. A great time to be selling a spare second home/car, where you'll make a nice profit. But not as great a time to be selling your sole car/home and having to immediately buy another, since the profit you'd make on the inflated sale has to then be dumped into the inflated new purchase.