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BB_TX
McKinney, Texas
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Joined: 04/04/2005
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I ordered a new F150 KR loaded August 2021. When I first inquired to salesman he said all trucks were being offered at $10,000 over MSRP, whether on the lot or special order. I said no thanks. Got an email two days later saying they could order me one at $5,000 over MSRP. I said no thanks. Got an email a few days later saying MSRP. I said no thanks. Got another email fairly quickly saying come in and talk. I did. Ended up special ordering at almost $3,000 under MSRP and getting almost $10,000 more for my truck than it had been appraised at several months before. And I could keep my truck until the new one was delivered, estimated at 6 months. And since it arrived December 30, the finance guy said he had a Ford ESP he would give me for free as he would have to otherwise turn it back to the dealer the next day. Another $3,000+. With that, the savings on sales tax by trading my truck, getting to keep it 6 months for free, and the $3,000 off MSRP I was willing to sign. Still not as good as the $14,000 off sticker end of model year left over price I bought my previous truck for, but good enough at the time.
Just depends on how bad they want to deal.
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jjj
Lancaster,Ca.U.S.A.
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Joined: 09/12/2003
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Same here, 2002 Ford F 350 Dually with 38,000 miles. This baby is
going to have to last a long time. I will never be able to
afford a new truck these days.
2002 F-350 Crew-Cab Dually
V-10-4.30 gears Mag-Hytec diff.cover
w/Amsoil-6.0 trans cooler Curt Q5 20K hitch & bedsaver
2005 Keystone Challenger 34TBH-Fifth Airbourn
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blt2ski
Kirkland, Wa
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JRscooby wrote:Could we be waking up to the understanding that GM is not in business to make vehicles?
If they can make fewer vehicles, sell at higher price increase profits that is what will happen.
Unless GM is getting part of said large markup, it's really the dealers going for the higher than normal profit margin.
Marty
92 Navistar dump truck, 7.3L 7 sp, 4.33 gears with a Detroit no spin
2014 Chevy 1500 Dual cab 4x4
92 Red-e-haul 12K equipment trailer
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JIMNLIN
Oklahoma
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Joined: 09/14/2003
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BB_TX wrote:Local dealers (Chevy and Ford) have considerably more trucks than a year ago. But far less than before the chip related shortage.
Same here.
I'm in the middle of three small town dealers like in a triangle. They all have few new model trucks on their lots....but lots of used trucks of all brands.
Before the pandemic all lots were loaded.
JMO but they don't want a glut of new LDT's on dealers lots that could force their pricing downward.
"good judgment comes from experience, and a lot of that comes from bad judgment" ............ Will Rogers
'03 2500 QC Dodge/Cummins HO 3.73 6 speed manual Jacobs Westach
'97 Park Avanue 28' 5er 11200 two slides
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JRscooby
Indepmo
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Joined: 06/10/2019
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blt2ski wrote:JRscooby wrote:Could we be waking up to the understanding that GM is not in business to make vehicles?
If they can make fewer vehicles, sell at higher price increase profits that is what will happen.
Unless GM is getting part of said large markup, it's really the dealers going for the higher than normal profit margin.
Marty
I don't know anything but would think higher MSRP would include higher price TO the dealers. Sure, dealers are collecting larger markup, but does that account for all the increase?
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Tvov
CT
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Joined: 07/19/2003
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I don't know about other areas of the country, but around New England there still seems to be limited amounts of new pickup trucks.
There may be more 1/2 ton (150-1500) trucks available now but 3/4 ton and up trucks are still pretty rare - unless you are buying the platinum titanium gold coated versions.
When I bought my F150 XLT a little over a year ago, there were no F250 trucks available. The available F350s were mostly the gold plated versions that were bumping $100,000.
A lot of the F150s were $60-80,000.... but.... if you just looked past those, there were a bunch of XL and XLT trucks that are loaded with options and cost close to 1/2 as much. And the ratings (towing, power) of the newest 1/2 tons are really impressive.
The more reasonable cost trucks are there, you just have to look past the $100,000 trucks.
(not saying they are cheap, but more reasonable cost... lol!)
Oh, and the dealers are still giving crazy amounts for trade ins. I have two friends who recently traded in, and they were amazed at how much they got for their trucks with well over 75,000 miles on them. It is almost like you get more for a trade in then trying to sell the truck yourself.
_________________________________________________________
2021 F150 2.7
2004 21' Forest River Surveyor
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blt2ski
Kirkland, Wa
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Scooby,
Yes s higher MSRP might/should give both manufacture and dealer more profit. A higher cost to dealer is where GM ext al would also get more profit for them.
The "added" cost above MSRP, is ONLY going into the dealers pocket. Unless dealers contract with GM makes them get a portion too.
With our knowing ALL of these issues, we won't know.
My swag is dealer keeps the exhorbidant markups over MSRP, that allows them to keep $ profit per year the same vs when they can sell more vehicles.
Marty
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PA12DRVR
Back in God's Country
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Joined: 09/17/2003
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New 3/4 or 1-ton SRW pickups are pretty rare up here, particularly in anything below the zoot suit option package.
Increasing #'s of new 150 / 1500's on the lots but pricing is still pretty high. Some months ago a query for a 3/4 ton was met with "That'll cost you MSRP + XX% if we can get it"....now the response is "We only have 2 and they'll cost you MSRP + XX%".
I've only had good luck with 3-4 used vehicles over nearly 40 years, so I tend to buy mostly new, but I can't bring myself to pay the current sticker price....so we'll just keep using the aging fleet.
CRL
My RV is a 1946 PA-12
Back in the GWN
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lenr
Indianapolis, IN
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Joined: 04/12/2008
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No! Not 'till I see 2023 F-250 and larger sitting on Ford dealer lots. On January 2 Ford had over 250,000 2023 Super Duty orders and hadn't started building them yet. According to multiple dealers you have to show ID, put down a deposit, and take a retail confirming order from Ford to order a 2023. No glut in Ford land.
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valhalla360
No paticular place.
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Joined: 08/19/2009
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Groover wrote:opnspaces wrote:^^ I second this and add I always buy used over paying the inflated prices for brand new.
I mostly buy new because the used trucks that I have found generally either cost as much as a new one or have been totally ragged out. I suspect that most people trading for a new vehicle focus on how much the dealer is giving them for the used one are oblivious to the fact that they are paying way too much for the new vehicle. Then they honestly believe that their used truck is actually worth what the dealer was offering.
Some years ago I special ordered a loaded F250 and about 5 years later I saw someone advertising essentially the same truck, including year model, and he was asking more than I had paid for mine new.
If you are buying 1-2yr old trucks, the financials gets questionable at times.
You have to do some looking when buying used but the last 3 - 3/4 tons have been used around 10yrs old. No significant mechanical problems. Bought each at around 10yrs old and got 5-7yrs before selling fully functional but looking a bit scruffy (Michigan salt roads are hard on the truck bodies).
Current 2008 was bought for $10k. The sticker in the glove compartment says MSRP was north of $50k. I can do a lot of repairs for $40k (or $30k if you claim it was originally sold at significant discount)...and so far nothing other than normal maintenance (oil change, tires, brakes, type stuff).
Really hard to justify buying new.
Tammy & Mike
Ford F250 V10
2021 Gray Wolf
Gemini Catamaran 34'
Full Time spliting time between boat and RV
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