Reduced inventory
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Mountain Pass
Joined: May 2021
Posts: 127
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Reduced inventory
Today I took my truck to my dealer in the local auto mall for routine maintenance. While walking around the mall I noticed that most dealers had a lot less inventory than normal. The Ford dealer had a fair amount of chassis cab Super Duty trucks but almost every other F150/250/350 was used.
Fleet Owner
Joined: Aug 2010
Posts: 21,253
Likes: 1,656
From: Reynoldsburg, Ohio
Here in my area the new dealerships are running more than a few TV & radio commercials pretty much begging for people to sell them their cars, they don't even have to be trading something in on a new purchase either. I've lost count of the ads to buy any car but it has to be no less than 20 or so different outfits.
I wonder if what you're seeing on the lots are lease turn ins?
I wonder if what you're seeing on the lots are lease turn ins?
Lead Driver
Joined: Nov 2020
Posts: 7,128
Likes: 1,945
From: Sportsman's Paradise
Same thing down here. New car lots are barren waste lands so to speak, a few scattered here and there. Covid lockdowns are the cause. With no one making the computer chips that control these rolling multiplexed networks on wheels, they can't bring them to life on the assembly line.
No one on the assembly lines, no one making the parts for the assembly lines, etc, etc, etc ad nauseum.
This covid crap is world wide so it'll be sometime before manufacturing is back to normal levels, people back to work at normal salaries to afford what's coming off said assembly lines etc, etc..... I already had my finances setup to buy a new Raptor and I called my local dealer to order one.
Imagine my chagrin when they not only told me they could place the order but they could not give me any ETA for product, not even a wild guess, then begged me to sell them my truck, literally begged me offering more than book value for it.
Crazy times but it's coming to an end soon,
No one on the assembly lines, no one making the parts for the assembly lines, etc, etc, etc ad nauseum.
This covid crap is world wide so it'll be sometime before manufacturing is back to normal levels, people back to work at normal salaries to afford what's coming off said assembly lines etc, etc..... I already had my finances setup to buy a new Raptor and I called my local dealer to order one.
Imagine my chagrin when they not only told me they could place the order but they could not give me any ETA for product, not even a wild guess, then begged me to sell them my truck, literally begged me offering more than book value for it.
Crazy times but it's coming to an end soon,
i ain't rite
Joined: Mar 2005
Posts: 65,447
Likes: 5,517
From: Marlboro Mental Hospital.
the problem as i was told by my local dealer owner is a severe lack of chips. he said not to expect seeing a new truck on the lot before september.
i did not as what "chip" he was referring to, as i have no intention of buying a new truck.
i did not as what "chip" he was referring to, as i have no intention of buying a new truck.
Lead Driver
Joined: Nov 2020
Posts: 7,128
Likes: 1,945
From: Sportsman's Paradise
Here's an example.
i ain't rite
Joined: Mar 2005
Posts: 65,447
Likes: 5,517
From: Marlboro Mental Hospital.
yea, i realize that, i did not ask him which chip is not available.
but from the way he was talking, my bet is pcm chip.
i also believe this is an industry wide thing, not just a ford thing.
but from the way he was talking, my bet is pcm chip.
i also believe this is an industry wide thing, not just a ford thing.
Fleet Owner
Joined: Aug 2010
Posts: 21,253
Likes: 1,656
From: Reynoldsburg, Ohio
Imagine my chagrin when they not only told me they could place the order but they could not give me any ETA for product, not even a wild guess, then begged me to sell them my truck, literally begged me offering more than book value for it.
Crazy times but it's coming to an end soon,
Crazy times but it's coming to an end soon,
Receiving an over-book offer for your truck is what I mentioned---I mean they're almost openly competing for gently used trucks but no offer to sell you anything brand new.
As times like this come and go I'm soooooooo glad to have never caught that "new car fever"----I do have to battle with the girlfriend about resisting that urge to trade in a nearly paid-off Toyota 4Runner for something a bit newer. We did make a pact where she'd hold off until she's on a bit more stable financial ground---not that she's in trouble now---but no need to incur another and possibly higher payment replacing a well maintained and uber-reliable vehicle. About once a month I have to remind her of our pinky swear thing!
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Lead Driver
Joined: Nov 2020
Posts: 7,128
Likes: 1,945
From: Sportsman's Paradise
I'm soooooooo glad to have never caught that "new car fever"----I do have to battle with the girlfriend about resisting that urge to trade in a nearly paid-off Toyota 4Runner for something a bit newer. We did make a pact where she'd hold off until she's on a bit more stable financial ground---not that she's in trouble now---but no need to incur another and possibly higher payment replacing a well maintained and uber-reliable vehicle. About once a month I have to remind her of our pinky swear thing!
It's also highly probable that while working for Ford I was never able to afford a new one (Ford SLTS warranty pay and ex wife), didn't buy my 1st new vehicle until my current truck back in 2013 and that was purely a coincidence as I went to the dealer lot looking for a lightly used truck. When I got there and saw the resale value these trucks hold (eg: 1 y/o with 35,000 miles at only a fraction of new price) it made no sense to buy used where the warranty was nearly used up.
Sort of ironic I had to quit aka retire from Ford and get a divorce to be able to afford a new vehicle. Now that I've owned new, I'll never buy used again.
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Hotshot
Joined: Nov 2017
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From: Northern Ontario
Up here in Canada I spoke to my local dealers about a new truck. I was told normally 6-8 weeks to order. Right now, might be 6 months, might be longer, couldn’t guarantee anything. And zero negotiating on the price. I bought a new truck 3 years ago for a shop, it was $27k, basic regular cab work truck. The price I was quoted two weeks ago, same truck, $47k, no delivery date. Take it or leave it... insane.
Their lots are empty here too. World wide shortage of computer chips.
Their lots are empty here too. World wide shortage of computer chips.
Fleet Owner
Joined: Aug 2010
Posts: 21,253
Likes: 1,656
From: Reynoldsburg, Ohio
The USA was once the world leader in producing high-quality "chips"----today we're sucking at the faucet of "NO chips for YOU........." thanks to our letting other countries take over and dominate a market that has many, many potential national security implications. But hey someone made a profit anyway right? 
Freshman User
Joined: Apr 2021
Posts: 35
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From: Ozark, MO
Covid impacted many things for sure but the biggest issue in the auto manufacturing is the computer Chips used in most of the modules. This is not exclusively to Ford, every manufacturer world wide is in the same boat. When Covid hit Ford and other manufacturers slowed their chip orders. Then with everyone stuck at home electronic items such as play-stations etc spiked and chip manufacturers were able to divert the chips there. So when auto manufacturers wanted to boost up their volume again there was not as much available. Add to this a major foreign chip plant burning down and a Texas plant heavenly damaged during storms this year and the supply chain is limited. There is a great article in the Wall Street Journal on the problem which also shows Ford trucks parked in lots including one speedway. The trucks have been manufactured but are missing key modules so will sit until chips for the missing modules are available. Here is a great article showing the numbers from major manufacturers. https://www.motorbiscuit.com/why-are...t-in-kentucky/
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Mountain Pass
Joined: May 2021
Posts: 127
Likes: 37
The USA was once the world leader in producing high-quality "chips"----today we're sucking at the faucet of "NO chips for YOU........." thanks to our letting other countries take over and dominate a market that has many, many potential national security implications. But hey someone made a profit anyway right?
Seems to be the wave of the future.
Cargo Master
Joined: Aug 2004
Posts: 2,542
Likes: 22
From: Murphysboro, IL
Whenever I take my truck for an oil change at the Ford dealer I tend to get a call a few days later from a salesman asking if I want to sell it.
They notice it's an immaculate '14 model F150 4wd with the 3.5 Ecoboost and 78,000 miles and they want it. So far the offer is $4000 more than they sold it to me in January of 18 with 20,000 miles.
They notice it's an immaculate '14 model F150 4wd with the 3.5 Ecoboost and 78,000 miles and they want it. So far the offer is $4000 more than they sold it to me in January of 18 with 20,000 miles.
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