Are people going to order 23s just to sell ?

[NJ Pinelands]

Are there people out there who are going to buy a 2023 just to turn around and sell it or maybe sell their 2022 and wait for a 23 ?

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[xlt-doug]

That may be dangerous, unless you have a crystal ball and your certain price’s will still run high next year.

 

[Tbolt]

Yep, bubble is starting to burst. Sure some places people are making money still, but it is tailing off. You still have to take delivery/pay the taxes in order to sell it too, which means paying Fords destination charges, I don't think people who are spec ordering have thought this through too well.

 

[Bobinmi]

That may be dangerous, unless you have a crystal ball and certain price’s will still run high next year.

That certainly is not dangerous...there is nothing that is going to change in the current market in the next year, that's for sure...

 

[Landric]

I'm not ordering just to sell, but my plan is to change my 2022 order with Long McArthur to a hybrid and keep my Granger order as an Ecoboost. Hopefully I will get the Granger order late this year and will be able to drive it for a while before the hybrid is built and delivered. Then, assuming the used vehicle market hasn't tanked, I will trade the EB on the hybrid, or just sell the EB and buy the hybrid.

 

[Tbolt]

That certainly is not dangerous...there is nothing that is going to change in the current market in the next year, that's for sure...

It already has. Interest rates have gone up and that is effecting car loans too. Most people don't buy new cars with cash.

 

[Bobinmi]

It already has. Interest rates have gone up and that is effecting car loans too. Most people don't buy new cars with cash.

yes, but there is still a huge huge huge shortage of new vehicles...if someone was to buy a new car, even at msrp, they are a fool if they do not know how to make money on it...especially, something as hot as the maverick.

 

[Tbolt]

yes, but there is still a huge huge huge shortage of new vehicles...if someone was to buy a new car, even at msrp, they are a fool if they do not know how to make money on it...especially, something as hot as the maverick.

You can't make money on an Eco or Lariat. You literally have to order an XL or XLT Hybrid, which we see how quick Ford builds those and do so to flip it. Keep the options of it and hope by the time it show up and you paid the taxes and delivery to get it that you can still turn a profit. I can think of easier ways to make money. But go for it if that is your thing.

 

[Bobinmi]

You can't make money on an Eco or Lariat. You literally have to order an XL or XLT Hybrid, which we see how quick Ford builds those and do so to flip it. Keep the options of it and hope by the time it show up and you paid the taxes and delivery to get it that you can still turn a profit. I can think of easier ways to make money. But go for it if that is your thing.

I do agree, it has to be low level model. but yes, an XL eco has at least a 20 percent return if someone wants it. I would guess an XL eco with just hitch is probably 25k OTD, easy 5k profit selling on ebay...for a 20 percent return. lotta bullshit for 5k though.

 

[Tbolt]

That's probably closer to breaking even if selling that way. You got taxes and delivery fees and eBay will take a cut, they will also report it as income to the IRS. Selling on eBay sux!

 

[gte105u]

I am ordering to keep it. My son will get my Edge and I'll drive it.

But the market is turning some. There are some cars on the lots instead of none. See my test drive of 4 vehicles of interest in one day. I know part was luck in that, but part is the market.

Also my offer from carmax to trade my vehicle in has gone down about 25% in 4 months or so. Not planning on doing it but it's interesting.

 

[skadizzle]

I have two 2022 orders that I am going to re-order as 2023s. I will probably sell the first one that comes in, if the second one is scheduled by then. I have to see what the market is like whether its worth the headache or not. Earlier this year I offered it up for cash + $2,000. Will have to see if someone still wants to do that by then.

Even though the market will still be bad, I have a feeling there will be a lot less buyers since the 23 MY will be open. They will still be waiting 9-10 months but they might not think that far through.

 

[Tirpitz]

If my existing order gets built as a 2022 it is going to be a compromise as I had to take constraint items off of it. So I'm placing a 2023 order configured the way I want. If I get my 2022 I will be selling or trading it in on the 2023.

So I'm not ordering a 2023 to sell but my 2023 order might result in me selling a 2022 in about a year. I'm hoping that I at least break even in that case.

Also possible I might keep both. Say one of my existing vehicles gets hit by a bus or something, then I might need them both.

 

[Bob The Builder]

Law of supply & demand. Supply may improve a small bit but demand will drop. Auto sales are always a precursor of a recession and we are heading in that direction. Interest rates are going to climb as the Fed is ready in the next week or so to raise the interest rate another 100 basis points for the 4th hike this year. If inflation does not start to subside soon, count on there being more rate hikes to come.

If I get a Maverick, I plan of keeping it for many years. My average is 11 years per truck.

So says my crystal ball.

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