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Upgrade Eligible??!!

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Old Aug 22, 2023 | 03:46 PM
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Upgrade Eligible??!!

So my dealer sent me an e-mail that they would buy my 2022 F350 Lariat and sell me a similar 2023 F350 Lariat and all I had to do was pay them $27,081 for the swap. They are calling the program "Upgrade Eligible" and I have to decide by 31 Aug. My truck is 16 months old with 14k miles on it and they are going to give me $57,881 for it. How generous, since I paid about $85k for it. Have these guys lost their minds? Not to mention my current note is 2.75%. I have no idea how they would work this even if I wanted to since you can't order 2023s anymore and I'm sure they don't have one on the lot.

Anyone else get something like this in an e-mail?
 
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Old Aug 22, 2023 | 04:13 PM
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From: Chaz
Get them all the time. I also had someone try to buy my house but I can’t get another one with nearly the same payment.
 
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Old Aug 22, 2023 | 04:56 PM
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Originally Posted by BEBosworth
So my dealer sent me an e-mail that they would buy my 2022 F350 Lariat and sell me a similar 2023 F350 Lariat and all I had to do was pay them $27,081 for the swap. They are calling the program "Upgrade Eligible" and I have to decide by 31 Aug. My truck is 16 months old with 14k miles on it and they are going to give me $57,881 for it. How generous, since I paid about $85k for it. Have these guys lost their minds? Not to mention my current note is 2.75%. I have no idea how they would work this even if I wanted to since you can't order 2023s anymore and I'm sure they don't have one on the lot.

Anyone else get something like this in an e-mail?
The other thing that happens all the time with those deals is that once they get you down to the dealer to do the deal, they end up not giving you as much as the offer in the email.
 
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Old Aug 22, 2023 | 07:43 PM
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its just marketing.
 
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Old Aug 23, 2023 | 10:05 AM
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It gives something for the junior/rookie salesman to do
 
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Old Aug 23, 2023 | 10:59 AM
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Well you wont be at 2.75% any more. You will more than likely be somewhere in the 6% area but on 27K it is not terrible.
 
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Old Aug 23, 2023 | 11:20 AM
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Originally Posted by BEBosworth
So my dealer sent me an e-mail that they would buy my 2022 F350 Lariat and sell me a similar 2023 F350 Lariat and all I had to do was pay them $27,081 for the swap. They are calling the program "Upgrade Eligible" and I have to decide by 31 Aug. My truck is 16 months old with 14k miles on it and they are going to give me $57,881 for it. How generous, since I paid about $85k for it. Have these guys lost their minds? Not to mention my current note is 2.75%. I have no idea how they would work this even if I wanted to since you can't order 2023s anymore and I'm sure they don't have one on the lot.

Anyone else get something like this in an e-mail?
I paid $72k for my 2021 and got $70k on trade in. Then paid $69k for the new one. There are deals to be had. That offer is a horrible deal. Interest rates really are horrible right now.
 
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Old Aug 23, 2023 | 03:27 PM
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More along the 8% mark now on new. What was 9% on a personal loan back in January is now 11.99%.
 
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