At your age, id be reconsidering that idea.
The market won't be recovering any time soon im afraid.
Current New Vehicle Market
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At your age, id be reconsidering that idea.
The market won't be recovering any time soon im afraid.
Credit unions are creeping up.
I guess it depends on what the return would be on his Cash vs the cost of using OPM.
NFCU is up 1 full % vs when I bought my 22 F150 back in may.
Im sure they are but is still on most cases the better cheaper option on used cars vs traditional banks.
Regardless, a 2k drop on a car is better than a 1% interest increase. At least you can make higher payments to the principal to save on interest. Still a loose loose situation to what it was before.
My dividend yield, excluding capital gains, on my portfolio is considerably in excess of any loan interest.
I got an email from the local Ford dealer. They're up to 90 vehicles in stock. Last email which was probably last month said 75. Are you seeing the same trend Nick?
www.fordstoremorganhill.com
New & Used Ford Dealership - Morgan Hill CA
Our Ford dealer in Morgan Hill CA is the Number 1 Retail Volume Ford Dealer in the entire Bay Are and the most highly awarded Ford dealer in all of Northern California! Shop new and used vehicles for sale at our Ford store today!
I got an email from the local Ford dealer. They're up to 90 vehicles in stock. Last email which was probably last month said 75. Are you seeing the same trend Nick?
New & Used Ford Dealership - Morgan Hill CA
Our Ford dealer in Morgan Hill CA is the Number 1 Retail Volume Ford Dealer in the entire Bay Are and the most highly awarded Ford dealer in all of Northern California! Shop new and used vehicles for sale at our Ford store today!
Dealer in my city used to have 5-10 cars on the lot. this morning it looked like they had 40-45. They were 3 rows deep vs the typical spread nose to tail trying to take up as much frontage as possible.
Edit: Just checked their website and they are starting to list new f150s about 7-8% off MSRP. 60 days ago it was 3-5k over.
Things are a changing. Rapidly.
I just checked mine, it was 3.5% when we bought my wife’s pilot last year now 5%.
On the plus side I’ve been watching truck prices because I plan to buy next year and they seem to be coming down a decent amount on the used side.
Sounds like Ford is emptying out the storage lots.
The trade values angle was why I have been looking so hard the last 6 months for a new truck. Found a new one that came out of the dealer loaner pool and made a good deal with a good mark off MSRP and all the money for my trade. I figured I was gonna be stuck waiting for either inventory to improve by a lot or ordering wait times to come way down. Right now, dealers were telling me 6 months for delivery on new.
Local ford has 6 or so f150 tremors. Earlier this year they had slight markups on them and they would be off the lot right away. Trucks are starting to stay on lots longer here.
I see the tremor is exempt from the 2.9% for 60 months.
I see the tremor is exempt from the 2.9% for 60 months.
I finally found a local dealer with an Edge ST for the wife to look at last weekend. It still had a $5k mark up on the window.
Ford dealer near me has four GT500s in stock which seems crazy. I’ll go down and kick the tires, but have a deposit in on a C8 and have shifted away from Ford for awhile.
Production numbers were so low, just no incentive for Ford dealers to move on price. Although, local Chevy and Ford dealer have been sitting on a corvette and GT500 with ADM for months now.
Neighbor just picked up a GT500 w/CFTP for $129K. He has a TT GT350 too….
