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Started By
Message
F-150 prices are about to plunge, get ready
Posted on 4/16/24 at 2:18 pm
Posted on 4/16/24 at 2:18 pm
Ford has been building are storing 2024 F-150s for a few months, to help dealers clear out 2023s. With demand still low, you could get a deal on an overpriced truck.
https://www.carscoops.com/2024/04/ford-finally-shipping-2024-f-150-and-ranger-to-dealers-slashes-f-150-lightning-prices/
quote:
The Blue Oval built 144,000 units of the trucks in the early part of the year, and after delay dealers, is working to get them to dealers, while also slashing prices for the all-electric F-150 Lightning by as much as 7.5 percent.
https://www.carscoops.com/2024/04/ford-finally-shipping-2024-f-150-and-ranger-to-dealers-slashes-f-150-lightning-prices/
32
Posted on 4/16/24 at 2:20 pm to DarthRebel
What about F-250?
Posted on 4/16/24 at 2:21 pm to DarthRebel
quote:
all-electric F-150 Lightning
Hard pass
Posted on 4/16/24 at 2:21 pm to boddagetta
quote:
quote:
all-electric F-150 Lightning
Hard pass
depends the price
Posted on 4/16/24 at 2:21 pm to DarthRebel
Truck Nuts On [Off]
Posted on 4/16/24 at 2:23 pm to boddagetta
quote:
Hard pass
I like mine.
Posted on 4/16/24 at 2:26 pm to yellowfin
quote:
What about F-250?
There are 31,000+ for sale new across the country, that is a lot.
Posted on 4/16/24 at 2:31 pm to Tomatocantender
quote:
Truck Nuts On [Off]
Electric trucks are only allowed holographic truck nuts
Posted on 4/16/24 at 2:32 pm to DarthRebel
Yeah and 90% are XL work trucks. The inventory of Lariat and higher trims is increasing though
Posted on 4/16/24 at 2:32 pm to Boudreaux35
better be half that price before i buy, EV is trash
Posted on 4/16/24 at 2:43 pm to DarthRebel
quote:
while also slashing prices for the all-electric F-150 Lightning by as much as 7.5 percent.
They're going to have to do a whole hell of a lot more than 7.5%.
Posted on 4/16/24 at 2:44 pm to DarthRebel
I hope all truck prices cave and dealers are left with a massive bill for all their inventory.
The price gouging that’s been happening since COVID was out of control.
The price gouging that’s been happening since COVID was out of control.
Posted on 4/16/24 at 2:48 pm to DarthRebel
The ridiculous prices of these trucks is in no way sustainable. Just outrageous.
Posted on 4/16/24 at 2:51 pm to DarthRebel
quote:
Ford has been building are storing 2024 F-150s for a few months, to help dealers clear out 2023s. With demand still low, you could get a deal on an overpriced truck.
It's April and they still have that many 2023 models?
Buy a 2023 model. They look better anyways.
Posted on 4/16/24 at 2:54 pm to DarthRebel
quote:
There are 31,000+ for sale new across the country, that is a lot.
Holy shite. That's current inventory of only the F-250? Not F-series in general?
Posted on 4/16/24 at 2:57 pm to Swagga
quote:
I hope all truck prices cave and dealers are left with a massive bill for all their inventory.
The price gouging that’s been happening since COVID was out of control.
Hopefully Yokem Toyota in Shreveport dies a slow, painful death. Needed to buy a new truck in 2022 and they definitely got over on me. Should have tried to hold out longer because dealerships were finally doing away with the market adjustments but of course the dealership that gets the exact truck I had been waiting for was the one dealership in a 200 mile radius that was still doing market adjustments
Posted on 4/16/24 at 2:59 pm to DarthRebel
Inventory of Ram trucks remains very high, along with most of their Jeep models. Ford was almost as bad as Ram a month or two ago, but they might be worse now. It's especially odd considering how Ford's pickup factories were targeted directly (and intentionally) by the UAW with strikes last year - so their supply should be much lower.
General Motors is doing a better job of matching supply and demand, but their inventory is also getting higher for the full sized pickups, although their full sized SUVs and mid sized pickups are still in short supply.
Toyota's Tundra is also accumulating more than normal for Toyota. Toyota doesn't have the same union contracts as the American companies, so they can calibrate production more easily.
Not sure if the buyer that these vehicles are targeting happens to be falling on hard times right now or if they just failed to meet the target itself (by pricing them too high, making them too large, etc.). But it's clear that full sized pickups are starting to collect on dealer lots and in various places where the manufacturers are stashing them in the interim.
General Motors is doing a better job of matching supply and demand, but their inventory is also getting higher for the full sized pickups, although their full sized SUVs and mid sized pickups are still in short supply.
Toyota's Tundra is also accumulating more than normal for Toyota. Toyota doesn't have the same union contracts as the American companies, so they can calibrate production more easily.
Not sure if the buyer that these vehicles are targeting happens to be falling on hard times right now or if they just failed to meet the target itself (by pricing them too high, making them too large, etc.). But it's clear that full sized pickups are starting to collect on dealer lots and in various places where the manufacturers are stashing them in the interim.
This post was edited on 4/16/24 at 3:04 pm
Posted on 4/16/24 at 3:02 pm to dewster
quote:
Not sure if the buyer that these vehicles are targeting happens to be falling on hard times right now or if they just failed to meet the target itself (by pricing them too high, making them too large, etc.)
I think they are pricing out much of their target market. What percentage of the population can comfortably afford 50-70k trucks?
Posted on 4/16/24 at 3:03 pm to DarthRebel
quote:
while also slashing prices for the all-electric F-150 Lightning by as much as 7.5 percent.
7.5% of $60K is only $4,500. That's not a price plunge. If they start going 10K+ off, I'd consider that a plunge.
Posted on 4/16/24 at 3:10 pm to DarthRebel
The dealers wont lose a penny because of an oversupply
Joe has a new $3T new car stimulus bill ready to help them all out
Joe has a new $3T new car stimulus bill ready to help them all out
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