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Started By
Message
re: Car dealers have so much backlog, some 2022s are "new"
Posted on 12/3/23 at 5:11 am to TaderSalad
Posted on 12/3/23 at 5:11 am to TaderSalad
I was looking for a Maverick for my son. I have a text from a dealership in Texas that has one in stock that they are willing to sell me for $40,012. They also sent me the Window sticker that says the truck is $27,900 before add ons. All I could do is laugh 
This post was edited on 12/3/23 at 5:18 am
4
Posted on 12/3/23 at 8:09 am to Hookah
quote:
That family with regards to that specific scenario is not your typical American..
Yea. Many are worse off..
Consumer debt is putting a lot of downward pressure on the average consumer.. the data is there and only getting worse as rates climb.. only question is how steep and how far is the decline on the base consumer driven side of the economy..
Posted on 12/3/23 at 9:11 am to Higgysmalls
It's not even a 2024 either
Posted on 12/3/23 at 9:18 am to Higgysmalls
40k for a Maverick is crazy
Posted on 12/3/23 at 9:22 am to Higgysmalls
Are Mavericks that in demand to command the dealer premium? Are people paying it?
Posted on 12/3/23 at 9:29 am to Higgysmalls
The hell do they go from 29k on the sticker to 40k in a text message?
Posted on 12/3/23 at 9:30 am to Higgysmalls
Send em that window sticker and see what their justification is for the extra 13k. Do it for the OT lulz!
Posted on 12/3/23 at 9:34 am to SlowFlowPro
It’s simple, interest rates suck and dealerships got greedy with mark ups. Nobody wants an EV also that is essentially a throwaway car with no potential trade in value later.
Posted on 12/3/23 at 10:09 am to AllDayEveryDay
quote:
Send em that window sticker and see what their justification is for the extra 13k. Do it for the OT lulz!
Will do.
I ask him yesterday if he meant to put $30,012 and got no response.
Posted on 12/3/23 at 10:22 am to Higgysmalls
Got him with the last response. Evidently the guy doesn't know what he's talking about. 2023 standard motor was the hybrid engine. 2024 it's optional 
Posted on 12/3/23 at 10:26 am to Higgysmalls
Coworker picked up a Subaru Crosstrek yesterday, paid 38k cash and it took two months to arrive.
38k for a Crosstrek.
38k for a Crosstrek.
Posted on 12/3/23 at 10:26 am to SlowFlowPro
I’m driving a 2012 Yukon XL. Has never been in the shop. Will drive it until it turns to stone.
Posted on 12/3/23 at 11:20 am to Commander Rabb
[img]I’m driving a 2012 Yukon XL. Has never been in the shop. Will drive it until it turns to stone.[/img]
I drive a 2016 Colorado with 260k miles. Never had a problem. Will drive till it dies
I drive a 2016 Colorado with 260k miles. Never had a problem. Will drive till it dies
Posted on 12/3/23 at 1:30 pm to Higgysmalls
quote:
I drive a 2016 Colorado with 260k miles. Never had a problem. Will drive till it dies
Nice. I have a 2016 with 98k miles. Guess I have a good 10 years left worst case scenario
Posted on 12/3/23 at 3:45 pm to el Gaucho
quote:
Really sad how many people around here would rather support the Chinese and drive a soyota over a real American Chevy or Jeep
I had no problem buying a Lexus last year knowing the car would last for 250,000 miles.
Posted on 12/3/23 at 4:27 pm to Fishwater
The pride of driving an old vehicle for 250K miles is odd to me. The same way those people criticize others who drive newer cars or expensive cars. It’s all just a weird subculture of who the F cares.
Posted on 12/3/23 at 4:28 pm to SlowFlowPro
quote:
Repos are exploding.
Today I drove by my local repo lot, one of those gravel lots with a trailer, you know the kind of place. I drive by it probably once a month.
Normally their lot is about 30% full.
Today, every square inch of that lot had a used car on it.
Posted on 12/3/23 at 4:59 pm to Hookah
quote:
I’m driving a 2012 Yukon XL. Has never been in the shop. Will drive it until it turns to stone.
quote:
I drive a 2016 Colorado with 260k miles. Never had a problem. Will drive till it dies
quote:
Nice. I have a 2016 with 98k miles. Guess I have a good 10 years left worst case scenario
You're upsetting the Toyota fanboys.
Posted on 12/3/23 at 5:09 pm to SlowFlowPro
The Ford lots near me full of F-150’s and nobody buying. Frick em
Posted on 12/3/23 at 6:31 pm to WhereisAtlanta
quote:Do you think the market value of the inventory is lower than the book value? Also, I’m no accountant, but I don’t think you depreciate inventory. I think you recognize the loss through a write-down. Seems like recognizing a loss is good for tax purposes.
2) It is on the books as an asset and probably collateral, things can get messy when you choose to depreciate something(s) that is/are being used as a security deposit.
No idea how financial covenants are written in security agreements for inventory collateral. It seems to me that refusing to recognize a loss on the collateral would be a breach of a financial covenant since your statements would no longer accurately and fairly represent the assets of the business.
This post was edited on 12/3/23 at 6:34 pm
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