market adjustment for new vehicles

That's a really good deal on that Venture Seal though.

Upside down on their trade? Trade in values are high also since there’s so little new inventory. My last couple one ton trucks were traded for their original sales price. Current 2022 F250/F350s are on lots with a $5,000-$10,000 mark up. You have to order a truck and wait a few months if you want the usual invoice/x-plan pricing

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I can only imagine how smug dealerships are right now.

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I doubt they are.

Probably more worried about losing their jobs. Most people buy cars out of want now and not need. Want can be killed by crazy markups.

Most dealers would prefer to sell volume and not market adjustment.

WC Fields statement applies to anyone paying a markup on a vehicle.

I've noticed the '22 models have been priced 2-3 higher than last year (in the under 40k market).

I wonder if/when the chip shortage ends if the prices will plummet.

What happens to all the 20 and 21 models that have been sitting idle for 2 years now, is it even worth trying to get into one of those. Sitting up like that can’t be good for the vehicle itself.

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You have to order a truck and wait a few months if you want the usual invoice/x-plan pricing

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I’m a Ford stockholder but I’ve never used xplan because I could get pretty good deals without it.

Does xplan give me a leg up in this market? I wasn’t in the market for a new truck but is it worth it?

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I can only imagine how smug dealerships are right now.


I doubt they are.

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The sales people gotta be making a ton of money right now. They are selling fewer cars but the profit margins on them is way higher now.

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WC fields apparently had no understanding of economics and markets.

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Actually he understood it very well. Hence his famous statement.