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Posted on 2/17/22 at 9:32 pm to SPEEDY
I bought a new truck in February 2021 for 17k below MSRP. Dealer called me 4 months later and offered me MSRP to buy it back from me, mileage and all. Which meant they’d sell it for well over MSRP. I would have sold it back to them and taken the profits, but my replacement vehicle would have cost a ton too
Posted on 2/17/22 at 9:42 pm to SPEEDY
It sucks. My husband keeps saying I need a new car — driving a 2013 Honda Pilot with 175k miles. I’m like let’s just out new tires but he says there’s no end in site to this. Two of our 3 kids are out of state and I want to visit and it’s often by myself (due to his work schedule).
Ugh.
Ugh.
Posted on 2/17/22 at 10:20 pm to yellowfin
quote:
Well they are also getting 30% more on their trade
Exactly my 2020 truck with 32k on it is worth 2k more than I paid for it on trade. I'd buy a new one tomorrow if I could find one for MSRP. My warranty is about to expire will need tires soon etc. I'd rather just start over for 10-12k at this point. It's a business expense anyway.
Posted on 2/17/22 at 10:23 pm to 9Fiddy
quote:These are not the semiconductors you're looking for.
The good news is the chip issue is being solved. Intel is building a $20 billion chip plant in Ohio. Bad news is it won’t be in full production until late 2024.
Posted on 2/17/22 at 10:41 pm to achenator
I managed to find an F-150 below MSRP and did this, made a profit on my F250 after a year and 36k miles and ordered another at X-plan (roughly invoice). Driving the F-150 till new Superduty shows up.
Going to keep flipping till the market cools.
Going to keep flipping till the market cools.
Posted on 2/17/22 at 10:51 pm to SPEEDY
They are also paying premium prices for used trades, so it’s a wash or better.
I traded my F150 that was a little under a year old and had 16K miles. They gave me $3K more than I paid for it new. Bought a new Mach 1at sticker plus they threw in aftermarket leather that cost $1,700. I was very happy with that deal.
ETA: Most dealers want $6-10K over sticker for a Mach 1.
I traded my F150 that was a little under a year old and had 16K miles. They gave me $3K more than I paid for it new. Bought a new Mach 1at sticker plus they threw in aftermarket leather that cost $1,700. I was very happy with that deal.
ETA: Most dealers want $6-10K over sticker for a Mach 1.
This post was edited on 2/17/22 at 10:53 pm
Posted on 2/17/22 at 11:56 pm to tiger91
I wouldn’t get rid of a perfectly good working vehicle without a car note for a car note period
Posted on 2/17/22 at 11:57 pm to TigrrrDad
quote:
They are also paying premium prices for used trades, so it’s a wash or better.
I traded my F150 that was a little under a year old and had 16K miles. They gave me $3K more than I paid for it new. Bought a new Mach 1at sticker plus they threw in aftermarket leather that cost $1,700. I was very happy with that deal.
ETA: Most dealers want $6-10K over sticker for a Mach 1.
buy low, sell high, repeat....
Posted on 2/18/22 at 12:55 am to tes fou
quote:
I managed to find an F-150 below MSRP and did this, made a profit on my F250 after a year and 36k miles and ordered another at X-plan (roughly invoice). Driving the F-150 till new Superduty shows up. Going to keep flipping till the market cools
This is the move. I’ve flipped trucks for the last 4 years and made significant profit since Covid hit. If you find the right deal and mode/package you can do very well
Posted on 2/18/22 at 1:00 am to UltimaParadox
Why not... They were recently rated the most reliable brand
Posted on 2/18/22 at 6:44 am to Gorilla Ball
I paid 6% off MSRP in December. Do I get a medal or something?
Posted on 2/18/22 at 7:34 am to yellowfin
quote:
Well they are also getting 30% more on their trade
This. Just bought a 22 Frontier at MSRP. But they gave me nearly what I paid for the 2018 model when I bought it in 2018.
For me, it's a wash.
Posted on 2/18/22 at 8:03 am to Gorilla Ball
Work pays for mine and it can’t be older than 5 years. So I ordered. Searched the forums online and found a dealer that honored GM Supplier discount. Only found 1 and I called probably 100 dealerships. Ended up saving 6K under MSRP. $180 1 way flight from South Carolina. 8 hr drive back. Worth it 1000%. FYI, Lockhart Cadillac in Indianapolis is the shiznit if you need a new Cadillac.
This post was edited on 2/18/22 at 8:05 am
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