Ford stock turns downward due to lack of sales! Reasons not to pay ADM!

[Bob The Builder]

Or unicorn horn shortage or rainbow washers…..as a consumer of many things I personally am fed up with excuses, excuses excuses…..my dishwasher order last summer might not even show up this year….lets hope our military is in better shape than our auto industry or the national drink will be vodka not Miller Lite (bad choice I know). Time to quit relying on other countrys to fulfill our desires…. Too much I want cheap from Walmart and not enough I want it made here attitude…. We let our world leading technology get sold to Wall Street so the 1%s can profit….. Oh btw… I am left leaning middle of the road kinda person

Actually, the odds right now favor Baijiu over Vodka.

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[jtpc2021]

So much Ford hate here.

They aren’t as stable as Toyota, but have to give them credit for making the first hybrid compact truck. I like my Maverick and pretty sure it hasn’t dropped 25% in value yet despite what the OP says.

Supply and demand will remain a reality whether people like it or not.
Ford is doing what they can to make products, but there are limits.

 

[Mymaverick2021]

K-Mart and Sears declined because they didn't keep up with the times. There stores were old and outdated. They were not keeping up with products consumers wanted. Customers moved on. Also, they had vendor payment issues, couldn't keep product in the stores because they didn't pay their bills.

Ford is completely the opposite. Their products are in high demand and popular. The press is loving Ford. Ford is keeping up with the times and trends, if not even setting them. They are producing very popular products. People are beating down their doors. It's just an issue of supply and demand. And in this case, there are severe supply issues compounding.

Your obituary of Ford is extremely premature. Your personal feelings are clouding your judgment.

That's because brick and mortar can't compete with the Internet anymore, Pretty soon we'll all be just living in a bubble and won't have to go anywhere you can just have everything delivered to your front door

 

[Mymaverick2021]

It's it's like anything new the shine will wear off and then they'll come back down-to-earth

 

[Mymaverick2021]

Excited? where? not anyone on this forum! no reason to get all wrapped round the axle on this stuff. Fish or cut bait There's a bigger picture here and many more reasons for buying the truck than what you seem aware of from your personal perspective. In my own case for example, I wasn't even ready to buy a truck yet. Had only talked off and on with my local dealer about what was in the pipeline ever since we got our 2018 F-150. We have specific heavy uses for that one, but most my other truck needs are for outdoor hobbies and a fun little run around Jack of all trades DD. Ranger and other mid-size trucks are too big and tall and come with a super sized price. I have the F-150 at my disposal and a low mileage paid off Grand Cherokee- so not desperate. Along comes Maverick that meets nearly every requirement I could foresee for the rest of my driving life- and happens to be less than I budgeted for a little truck after I sell a house I no longer want or need. I'm never going to sell the Mav, just like my Jeep and our F-150. We're retired and want what we want here and depreciation isn't a factor. Wait time isn't either. Only reason I got off the fence and placed my order when I did was the $750.00 rebate Ford sent me. Also you know they aren't going to get cheaper each year when the supply pipeline is fixed, so a couple extra 1000.00 is peanuts to GET IT NOW and understandable for people in certain situations. Having said that, my dealer has a policy of selling at MSRP and minor fees- so I don't HAVE TO pay over MSRP- but in other circumstances I wouldn't deny myself the vehicle I want because of ADM.

I can agree with all of the above but the ranger originally was supposed to be that sub $20000 starting number and never happened. Yes and for all of us that don't need the Sherman tank sized pickup truck the Maverick is gonna be the perfect choice!

 

[Dadmezz]

I ordered a Maverick in November. A hybrid xl/2;5L.
Knowing that Ford would have a hard time getting them out to customers. First new car in 29 years. Ford misjudged the market and so have their competitors about a compact pickup like the Maverick as a survival product for the customer and the manufacturer. Other manufactures are watching Ford's progress or potential lack of it....the competition will become great once things start to flow again. So far the Maverick is the value but for how much longer when the competition brings in their decades old compact pickups that will be modified for the American market. I don't think Ford wants to give them any advantage and will find a way to meet their customers demands. Make your best bet and ride it out...the anticipation is the best part of the game.

 

[Johnkn]

Your opinion. Auto taxes in the three states I have lived in are based on what you aid for the car and then depreciated each year to address depreciation. Having worked closely with DMV throughout my career I do know "a little". Shame on you for making this PERSONAL. Let's keep this site civil where everyone's opinion is respected.

Even worse was the absolute crap you posted in the 5th paragraph about all cars losing 25% of their value when you drive them off the lot.LOL Absolutely false, I can name a dozen that haven’t over the last 5 years and have actually completely held their initial value or appreciated, and I own a few. Since this is a Maverick forum are you suggesting those who ordered and purchased a XL for $20k have trucks only worth $15k now?

Sorry, I can’t respect those who are uninformed yet post long rants...
..

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[jwiedle24]

First, like any new car, your Maverick will depreciate 25% the minute you drive it off the lot.

It’s around 10% off the lot, and 20% after the first year [historically].

I’ve always believed depreciation to be pretty bogus. No reason a $30k car should only be worth $27k when you drive it home off the lot. My 3 year old car that was $32k new is worth way more to me than the typical ~$18k it’d be worth following historical depreciation percentages. The ~$23k being offered by Carvana etc. in this market seems much more reasonable; as it would cost me well over $32k to get a comparable replacement with similar features in a normal market due to the annual price hikes alone.

I’m wondering if more manufacturers start shifting to a build to order model and don’t flood dealer lots with inventory, if that will help used cars maintain their value better with less supply readily available. So these higher trade-in values we’re seeing now could potentially be a new normal. We will see…

 

[FriscoTXJoe]

Here I thought I could avoid Karen if I deleted my FB account.

 

[L26bar-man]

Supply and demand. Adjust and adapt. I ordered a Tesla Model 3 in June 2021…delivered in mid August. It sells now for $4500 more than I paid for it. I ordered a Maverick in June 2021 and should take delivery this weekend at MSRP. Or you can buy one off the lot if you can find it for $3-$12 over MSRP. My net worth is going up due to good timing.

You are amazing. Fist bump! Atta boy. Pat on the back.

 

[zBernie]

Today, Ford announced lower than expected stock returns with an almost 8% drop compared to their expected 11.2% gain. Ford's financial expert says this is due to a chip shortage, but it really comes down to the fact Ford cannot move the product to dealers, and customers are not able to purchase their vehicle.

Ford recently stopped taking orders for Mavericks for the remainder of 2022, with orders resuming in late summer for 2023 models. Many of us who placed orders in June - August still await any sign of a build date from Ford or communication from our dealer. The semiconductor shortage was already a high priority for auto manufacturers before the June roll-out of the Maverick. Ford should have seen the limited ability to build another product in the Mexico plant that was already struggling to build Bronco Sport. Ford made no issue in controlling the on going demand of placing reservations to create a "Beannie Baby" or "Cabbage Patch Doll buying frenzy for a truck touted to be UNDER $20,000. It seems Ford allowed the orders to keep piling up knowing there would be long term delays. It is very sad that a new product as the Hybrid was rolled out in such unfortunate times; but it is very unresponsible for Ford to allow the orders to keep coming in, allowing more and more consumers to become angry and distrustful of the brand and their dealers. No wonder their stock is down.

Now, many order bearers are faced with a choice of waiting for an unknown timeframe in getting their Maverick, buying something else (Which ends in Ford not making a sale at all), or paying whatever a dealer asks. Enter unscrupulous, greedy, used car salesman!

For those who feel the need to purchase a Maverick from a greedy dealer who is marking the vehicle up $3000-7500, which I see in many local dealers, remember your decision will haunt you for a long time.

First, like any new car, your Maverick will depreciate 25% the minute you drive it off the lot. This depreciated amount is related to the MSRP, not your sales price. So, if you paid more than the MSRP, you really got screwed, because you now lost more than the expected depreciation. And if you took a loan out to buy the Maverick you will pay months longer for a car not worth what you owe. Also, any profit you may have made in your trade-in car was just dropped out the window forever due to you paying more than MSRP for your Maverick.

Second, your taxes on the car will always be based, year after year, on your purchase price, so each year you will be punished for paying more than you should have for a vehicle that is nowhere worth what you paid for it.

And third, your insurance will be based on what your car is worth (Kelly Blue Book) as identified from your VIN number. If you paid more than the MSRP, you better have GAP coverage as most insurance will not cover more than what the vehicle is worth.

All around, it is better to wait and pay the agreed upon price than to be bullish and foolish by paying more than retail just to be "the first Maverick on the block." Just my thoughts. Some may offer different opinions, but financially you are not doing yourself any favors by paying for Ford's mistake in tking orders for something they knew they could not produce.

To be fair, it's not only Ford, the entire auto market is in chaos, both new and used. I went to look at Toyota Tacoma's, and they had 0 new ones on the lot, and 6 which were 2-3 years old, selling at the marked up price of $40,000! I test drove a 2022 Nissan Frontier which had a market adjustment of $7,500 over MSRP. I also checked out the Chevy Colorado, and they only had two totally loaded versions for close to $50k.

Used vehicles are selling at a premium, due to the lack of new vehicles available. But I agree that Ford could do a better job of communicating with its customers.

 

[Johnkn]

^^ as far as a new vehicle losing 25% of its value when you drive it off the lot, I just received 85% of my purchase price on my “19 Raptor 802a that was exactly 3 years old and had 41k miles IN TRADE for my new TRX. I drove it for 41k miles and lost 15% of its original value. Crazy times but they can work both ways...

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[TRUCKHEF]

There's a sucker born every minute, nothing you and I say or do will ever change that.

 

[RonFetty]

Probably because the Maverick/Ranger/Bronco are the most in demand Ford vehicles and there aren't enough of them.

A lot of people buying more capable trucks for real towing are going with Dodge as they have a better value.

Nobody wants the EV Mustang, nobody wants the new Escape, the EcoSport is a joke of a vehicle, only police need the Explorers, and small little Transit/Contractor vans are sold out or have a huge markup.

Omg dodge made an account on the Maverick forum.

when are y’all launching a mini-truck. I won’t tell anyone.

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