Used car prices about to go into free fall

[13COBRA]

Anyone else ready for Ford to hit $3/ Share again?

Not in the foreseeable future.

 

[robvas]

I am a Ford guy through and through, but finding an Expedition around here is almost impossible and certainly not in this price range.

Have you driven a new one? I had a rental base Expedition XL for almost a month this winter and really didn't care for it. Will probably pick up a last-gen Tahoe when prices come down....

 

[13COBRA]

Have you driven a new one? I had a rental base Expedition XL for almost a month this winter and really didn't care for it. Will probably pick up a last-gen Tahoe when prices come down....

We have a 2021 Expedition MAX Limited now...and have a 2022 Stealth Performance that'll be here at the end of the month.

I really like it.

Sent from my Potato

 

[Corbic]

Have you driven a new one? I had a rental base Expedition XL for almost a month this winter and really didn't care for it. Will probably pick up a last-gen Tahoe when prices come down....

TA-HOE LYFE

 

[Weather Man]

TA-HOE LYFE

The new Tahoe's look nice.

 

[robvas]

We have a 2021 Expedition MAX Limited now...and have a 2022 Stealth Performance that'll be here at the end of the month.

I really like it.

Sent from my Potato

It was nice, just didn't care for the EB, sound, spongy pedal, needed to be in sport mode all the time ...I didn't mind the Eco my 2105 F150 though. Not a fan of the looks either. Looks like an SUV and not a truck.

The new Tahoe's look nice.
See I don't like them and would want the old body style

 

[13COBRA]

It was nice, just didn't care for the EB, sound, spongy pedal, needed to be in sport mode all the time ...I didn't mind the Eco my 2105 F150 though. Not a fan of the looks either. Looks like an SUV and not a truck.

The new Tahoe's look nice.
See I don't like them and would want the old body style

The base model is weak.

 

[1Kona_Venom]

Guess I will do up my for sale ad this weekend before I loose money on my '13

Sent from my SM-G975U using the svtperformance.com mobile app

 

[kaz109]

People are being trained to order and avoid over MSRP pricing. Small example: our family biz uses a lot of work trucks. We haven't bought lot stock for over a year and a half and now only order because we can get under MSRP that way. Lot stock is $10,000 over.

Maybe it is different with the American brands but with the big 3 European brands you’re still gonna going to pay a ADM.

I visited three Audi dealerships and all three GMs told me the same thing. If a S or RS model is ordered and arrives at their doc they are charging 10k adm. Mercedes and BMW were charging 5k on AMG and ///M.

 

[Weather Man]

Maybe it is different with the American brands but with the big 3 European brands you’re still gonna going to pay a ADM.

I visited three Audi dealerships and all three GMs told me the same thing. If a S or RS model is ordered and arrives at their doc they are charging 10k adm. Mercedes and BMW were charging 5k on AMG and ///M.

Their ICE is going away a lot sooner than American ICE.

 

[Fat Boss]

Someone last year was bugling about how my Mach E would lose 40% of it's value in the first year. I haven't heard much more about it. Must have choked to death on crow.

 

[13COBRA]

 

[Lambeau]

View attachment 1745935

Nick, am I reading this correctly?

New Honda's, Subarus, Mazda's are not only 1-2 points lower in average interest rate, BUT also $15k lower in average cost than Fords?

 

[Adower]

View attachment 1745935

 

[sleek98]

Could be much larger down payment so the transaction price is just the amount financed?

 

[Adower]

Nick, am I reading this correctly?

New Honda's, Subarus, Mazda's are not only 1-2 points lower in average interest rate, BUT also $15k lower in average cost than Fords?

Thats what I got out of it.

 

[Serpent]

View attachment 1745935

I read about Toyota charging for subscription service like remote start since 2019 for all their vehicles including Lexus. Make sense why they're in the yellow.

 

[Rb0891]

Thats what I got out of it.

I would think them not having relatively expensive trucks would play into it.

 

[robvas]

Dodge/Kia/Nissan will finance anyone I see
(I bet Mitsubishi is even worse)

 

[13COBRA]

Nick, am I reading this correctly?

New Honda's, Subarus, Mazda's are not only 1-2 points lower in average interest rate, BUT also $15k lower in average cost than Fords?

Correct. Definitely the type of buyer.

Could be much larger down payment so the transaction price is just the amount financed?

No, sales transaction price. Has nothing to do with cash down.