re: So how desperate are the car dealers to sell cars?

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Ford just posted a $2 Billion loss and projects much more for Q2 so I would say they are desperate to make a deal. If not now then very soon. Ford Earnings report

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But yet I know a salesman at a local Ford dealer that has sold 21+ vehicles this month.

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One thing I've learned about buying at any time is knowing what I will pay. I'm not going to out-negotiate a seasoned salesman. He does it every single day, whereas I do it once every 3-5 years. I won't win the negotiation, but I know what I'll pay

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This is absolutely correct. I love hear the old baw on the job bragging about how fricked over a salesman or dealership. Every time one tells me this I tell them they are full of shite. These salesmen do this all day long everyday, you ain’t going to go in there and beat them at their game.

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Ford just posted a $2 Billion loss and projects much more for Q2 so I would say they are desperate to make a deal. If not now then very soon.

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not necessarily.

if they are pushing volume, they can discount the cars.

without the volume, they really can't discount. they need to maximize profit per unit.

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Ford just posted a $2 Billion loss and projects much more for Q2 so I would say they are desperate to make a deal. If not now then very soon. Ford Earnings report
But yet I know a salesman at a local Ford dealer that has sold 21+ vehicles this month.

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Auto plants are shut down. The dealer floor plan pays for the cars sitting on the lot.

Your buddy is selling 21 cars, assuming he only sells new, that the manufacturer was already paid for. Ask him how many transports are showing up each day bringing inventory. I've seen one in the past month and the inventory at the local dealer is getting very thin for this time of year.

I went to look a5 a Jeep Wrangler and a 4Runner with one of my kids last week. The dealerships aren’t desperate enough IMO. By June there may be a real deal to be had.

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Currently looking at a 2020 LT 5.3 Texas edition. MSRP 48,805 and we are down to $35990.

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Sounds like the truck my dad had, at about the same price, except his was a 2018. Very nice truck but I’d opt for the 6.2L. The 5.3 is perfectly adequate but not that fun.

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tongue and cheek but it’s impossible for us to tell you. What would you do with the money you save the next 6 months? Invest, larger down payment, vacation? We don’t know you. Are you in danger of being laid off? About to have a baby? If you want a new car and car afford it, buy it. If the purchase will keep you up at night, don’t. If you would have asked anyone’s opinion on finances 6 months ago, they would be wrong today.

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My same exact sentiment. I was just in an accident in which my vehicle was totaled. I was just few payments from finishing paying it off. After buying a new vehicle almost every 5 or 6 years for the past 18 years, I decided to take my insurance money and buy something used and pay for it entirely with cash. So I would no longer have a car payment. Even the specter of putting almost 30-40 did not phase me in my decision making process.

I now plan to start taking that money that was going into a car into paying off high interest credit card debt and savings for myself.

Some other factors to consider with the changing economy is how exposed is your position at work to layoffs. And how hard would it be to find new employment in your field. The hardest thing is for you to get laid off and have to deal with car payments, rent or mortgage payments and not having something to fall back on.

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Never had a single mechanical issue, but the shitty paint has oxidized and the interior has lots of wear and tear. I expect to get fricked on a trade-in.

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I used to have an '09 Civic and the service manager told me that ALL of the Civics get oxidized. They've known about the bad paint but have never done anything about it. If you drive a lot, you do see a lot of Civics with bad paint. My entire car was repainted (under warranty) one section at a time as the paint went bad.

You couldn't buy me a Civic. Service manager said that the Civics were the only cars that used whatever type paint it is. Cheaper car cheaper paint?

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I can barely get car dealers to call me back. None of them have been willing to deal.

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This has been my experience as well. Got 2 dealerships with same year cars but one has 20K more miles and they want $2k more than the one across the street. Cant get the more expensive one to even begin to negotiate.