Originally Posted by Flyct

Last week I sold our 2019 F150 Suoercab to Carvana for 56% more than I paid for it new 20 months ago.

I bought it right back in December 2019.

Originally Posted by jharp

My opinion is that holding out to do anything in business with the hope that you'll get a better price, or a better deal - can be a fools errand.
I could sell my house right now for a nice clean profit - but where would I go? Home prices are up everywhere, and I'd get a lousy deal no matter where I go.
I could sell my new truck right now, but what would I buy? I might be able to hold out until mid-2022, but if inventory isn't back where it should be - I will undoubtedly have a hard time getting a good deal on a new truck. Also, inventory levels at dealers is going to take a LONG time to get sorted out. I tend to agree that trade in values will probably start to tank before inventory levels get back to where they should be.

I sold my 2020 Silverado 3500Hd Duramax for MORE than I paid for it when I bought the Ford. But I paid full MSRP for the Ford and considered myself lucky - as some dealers around here are doing the "Market Value Adjustment" fraud thing. When I bought the Silverado, I got it because the Chevy dealer was doing better on price negotiations (and Costco helped) so I got it for $8k under MSRP. Ford wanted sticker price. I wanted the Ford but opted for the better deal - and hated the damn thing.

All this is just my opinion, and I agree with you RubenZ.