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It was confirmed yesterday that my reliable 7.3 will be totaled. I don’t need a large diesel so I will be buying an F150..
So obviously very few trucks are available now and they seem to be priced very high. The crooked local Ford dealer to me is adding 3000 to the MSRP and they don’t even have those in stock! Now by looking out of the area I have found a couple of trucks that are close to what I want and I can probably buy at MSRP. But I know traditionally that trucks can be bought much cheaper.
So if I wait do you think prices will come down? I assume when the chip issue is solved a lot of trucks will be in stock and the prices will come down?
I appreciate any thoughts.
It was confirmed yesterday that my reliable 7.3 will be totaled. I don’t need a large diesel so I will be buying an F150..
So obviously very few trucks are available now and they seem to be priced very high. The crooked local Ford dealer to me is adding 3000 to the MSRP and they don’t even have those in stock! Now by looking out of the area I have found a couple of trucks that are close to what I want and I can probably buy at MSRP. But I know traditionally that trucks can be bought much cheaper.
So if I wait do you think prices will come down? I assume when the chip issue is solved a lot of trucks will be in stock and the prices will come down?
I appreciate any thoughts.
Until chip production gets back to normal, which “some” have suggested won’t happen until 2023, expect new and used truck prices to be higher than they normally would be.
I’m not sure if you’re interested in doing this but you might want to look at dealers in the SE. I live in GA and back in 2016, I found the best price on my F150 in Mobile, AL.
A cheap one way rental from Enterprise is all it took and I saved a ton.
Prices will come down...but...probably not for a while. If you can wait...you should do so.
I received a solicitation from a local Soobie dealer to buy my car...a 2015 Outback Limited with only 58,000 miles on it. I got a great deal privately in February...I have a total of $18,000 in it including tax...registration...and...new brakes. He has one on his lot...identically equipped with 68,000 miles...he's selling it for $23,000. His offer to me...$18,000...I thanked him for his time and got up to leave. Before I reached my car in the parking lot...the UC Manager ran out and upped his offer to $20,000. I told him when he reached $21,000 we would have a deal. So far they're up to $20,500...we're getting closer.
Apparently the chip shortage is hitting Toyota now more than they were initially willing to admit. This is going to be a long wait at best. Sadly, used truck prices will skyrocket even higher now which is great for a fella who wants to sell his truck and can afford to wait this out.
My advise to anyone looking at vehicles from any source right now it to wait if you can.
Until chip production gets back to normal, which “some” have suggested won’t happen until 2023, expect new and used truck prices to be higher than they normally would be.
I’m not sure if you’re interested in doing this but you might want to look at dealers in the SE. I live in GA and back in 2016, I found the best price on my F150 in Mobile, AL.
A cheap one way rental from Enterprise is all it took and I saved a ton.
I appreciate the responses.
My first Instinct is to wait for the prices to drop and for more trucks to become available.
Two problems with this. I am counting on one very old commute car to get to work. And I can’t do much hunting without a truck.
I am not opposed to traveling some to buy a truck. I went 500 miles when I bought my F250. Cost savings has to be worth it.
Thanks Joe
There is a thread on here from a Ford dealer doing 3% under invoice on ordered trucks. They are out of Iowa. Not sure if you want to wait that long or go that far but 3% under invoice is better than Xplan.
https://www.ford-trucks.com/forums/1671128-3-under-invoice-on-any-new-f-150-ordeX-Plane.
There is a dealer close to me in Tiffin OH that has 2 powerboost f150s. One is a sweet xl model with rubber floors and spray bed liner. No frills all work model. I'd be on it if I was in market.
There is a thread on here from a Ford dealer doing 3% under invoice on ordered trucks. They are out of Iowa. Not sure if you want to wait that long or go that far but 3% under invoice is better than Xplan. https://www.ford-trucks.com/forums/1...50-ordeX-Plane.
There is a dealer close to me in Tiffin OH that has 2 powerboost f150s. One is a sweet xl model with rubber floors and spray bed liner. No frills all work model. I'd be on it if I was in market.
https://www.grangerford.com/
Search for Granger Ford, not sure of the reps name but he was saying (and showed) a % discount from invoice. Seems like a pretty decent deal considering your dealer issues your having.
Search the huge volume dealers like Woodhouse in Blair, Nebraska and Marshall in Hempstead, Texas. Bluebonnet is local to me and usually has several hundred trucks, don't know where their inventory level is now.
There's 2 ways to look at this. Did you get a totaled out value for your truck that reflects today's used prices? If so and you did well, you can just suck it up and pay sticker for a new truck. If you want to wait, it will likely be a long wait. Who knows where MSRP is headed during this time of exceptional inflation.
I don't think we will ever see the giant rebates of the past again. This slow down is giving the manufacturers time to analyze and hone their production output for maximum profit. An article on this site's front page a few weeks ago stated that Ford would like to sell more trucks by custom order and provide less pre built stock for dealer inventory. The goal is to minimize or eliminate rebates altogether.
[QUOTE=JKBrad;20043445]Search the huge volume dealers like Woodhouse in Blair, Nebraska and Marshall in Hempstead, Texas. Bluebonnet is local to me and usually has several hundred trucks, don't know where their inventory level is now.
Lawrence Marshall in Hempstead went belly up years ago. 2009 to be exact. Last time I drove by the 40 acres was over taken with weeds.
Well, that shows how much I keep up with what's happening in the Houston area. They used to be huge. I would see their dealer tags around San Antonio all the time.
There is an article on the web about it. I read a story at one time about what it was like the day they folded. Customer was buying a vehicle and a mgr walked in the office grabbed the keys and said we're shut down. Apparently they had already lost GM and were relying on Chrysler Financial to carry them until they too threw in the towel. Something to that effect.
They were the #1 Chev truck dealer in America at one time.
Woodhouse Ford definitely stocks a lot of trucks. I researched them when I bought my F350 because they had so much stock on hand but ended up finding what I wanted at another dealer.
Another one the OP might look at is Ziems Ford Corners in southern New Mexico. They historically have carried a lot of the XL trims models because they catered a lot to the oilfield industry. Not sure what they might have these days but worth looking into.
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