Are maverick prices due to crash?

[Hoagus]

Seems like there would need to be plenty of stock on dealer lots for prices to plummet . I haven’t seen that yet.

Sponsored

 

[Fcnrwy]

Seems like there would need to be plenty of stock on dealer lots for prices to plummet . I haven’t seen that yet.

Have to admit, local MKE area dealers can't keep them on lots no matter what the price...

Jerry

 

[710-oil-614]

Yes, but this is not clear to someone who doesn't know about it.....which is the point of their post. The "default" Maverick is still the 2024 model, which is ridiculous since the order banks are closed for 2024.

Not clear to scroll down? The 2024 models are still on sale so even if someone cannot order one they should still be able to build and price one because that is the model that is on sale and available until at least 12/1/24.

 

[paneubert]

Not clear to scroll down?

Everyone is of course entitled to their own opinion, but yeah.

Based on working in an industry where I did a lot of data analytics of what website someone was on just before ours, the page they "entered" ours via, website clicks, views, time spent on each page, how deep people go into a website, how they get to the page where they finally "exit"/leave the site, etc...I know that even the smallest thing can make a huge impact on clicks, time on site, sales, and all those other aspects of the customer interaction.

People are hella lazy when it comes to navigation of websites. The way Ford has the 2025 advertised on their website, and how a customer has to find the info, even if just "scrolling down" is costing them views and 2025 orders.

And that isn't even touching the "what happens when you google "ford maverick"." I've looked at the 25 mav on ford.com many times. But google still directs me to the 2024, which means Ford hasn't done any search engine optimization to get people to the 25 info without digging for it. Hell, as I posted earlier, the generic maverick website on Ford.com ( https://www.ford.com/trucks/maverick/ , where there isn't a model year in the web address at all) is still for the 2024, when it should at this point contain 2025 info. The 25 isn't a "future" truck anymore, since the 24 order banks are closed. 25 is the only currently "orderable" Maverick.

Long winded, I know. And would you believe i wrote that all on my phone? Haha.

 

[Guv]

Yes and No.

The days of being paid more than your bought your Maverick for are gone. It’s why I jumped at the chance to sell my Tremor for $3100 more than I paid for it.

but values will remain high, especially with the price increases. Your resale value should stay good for some time.

The elephant in the room is If you need to replace it in the near future.
Then you will be the one paying more for what you previously had.

 

[710-oil-614]

The elephant in the room is If you need to replace it in the near future.
Then you will be the one paying more for what you previously had.

I think the price increases are well documented at this point. I’m going to pay $8k more than I did for my 2023 Tremor but I’m also gaining a lot with that $8k.

Totally worth it? Probably not but there isn’t any other option that competes with the AWD Hybrid.

 

[mrbill]

A small dealer in florida, ft pierce seems to have about 40 in stock 2024 and on line show discounts from $1,600- to $4,000 ??

 

[Guv]

I think the price increases are well documented at this point. I’m going to pay $8k more than I did for my 2023 Tremor but I’m also gaining a lot with that $8k.

Totally worth it? Probably not but there isn’t any other option that competes with the AWD Hybrid.

Your getting a different model though, hybrid vs EB so your not replacing the same with exactly the same.
If I sold my 22 FX4 for a profit I would replace it with a new FX4.
This wouldn’t make sense in my case,
Interest rates and TT&L would eat any profits I would gain from selling.

 

[Oscarcat]

Just traded away my mav and did OK on it. KBB and Carfax had it as trading higher than I was ever offered in trade by 3 different dealers even after some negotiating. KBB's average trade value dropped $1k in a week while I was shopping.

I just read on another thread that Ford only got like 6k pre-orders for 2025. If this is true, it means supply has caught up with demand. THAT means prices are set to drop across the board unless Ford reduces production.

When I first got my '22, Carvana was offering people like $5k over what they paid and a IIRC few people here said they took the deal. Now Carvana made the lowest offer of anyone. Their prices crashed a while ago but it was enough to make me think that the used market for mavs is changing a lot. This will tend to drive new prices down as well.

I feel like I got out just before the used prices take a nose dive.

Anyone seeing anything to confirm or deny this?

The Mav was released at the tail end of the pandemic. There were shortages of everything. New and used car prices soared.

In late 2022 I sold my 6 year old low mileage GMC Canyon V6 privately for what I paid for it to get a new '22 Mav EB and paid + $1800 ADM when someone didn't take their special order.

Sold the '22 Mav w/9k miles for what I paid it when my '24 special order Mav hybrid arrived.

Times change. Shortages of everything are largely a thing of the COVID past.

 

[Derwood]

Seems like there would need to be plenty of stock on dealer lots for prices to plummet . I haven’t seen that yet.

When I found mine Aug 2023 it took me five weeks of daily searching. Since then, most Mavericks that appeared at my local dealer were gone in a day or two. Now, I'm seeing more than one on the lot here and there but they still disappear pretty quick. I love my 23 XLT hybrid it's my first truck and am going to baby this little gem to hopefully keep it well into the late 2030s if all goes well.

 

[710-oil-614]

Your getting a different model though, hybrid vs EB so your not replacing the same with exactly the same.
If I sold my 22 FX4 for a profit I would replace it with a new FX4.
This wouldn’t make sense in my case,
Interest rates and TT&L would eat any profits I would gain from selling.

Right but those price increases are what help keep the used prices of Mavericks high

 

[MakinDoForNow]

Yeah I know about it. I have a 25 on order but I don't think the general public knows to do that.

They should know to search for "2025 Maverick" once they are on Ford Web site!

Everyone is of course entitled to their own opinion, but yeah.

Based on working in an industry where I did a lot of data analytics of what website someone was on just before ours, the page they "entered" ours via, website clicks, views, time spent on each page, how deep people go into a website, how they get to the page where they finally "exit"/leave the site, etc...I know that even the smallest thing can make a huge impact on clicks, time on site, sales, and all those other aspects of the customer interaction.

People are hella lazy when it comes to navigation of websites. The way Ford has the 2025 advertised on their website, and how a customer has to find the info, even if just "scroling down" is costing them views and 2025 orders.

And that isn't even touching the "what happens when you google "ford maverick"." I've looked at the 25 mav on ford.com many times. But google still directs me to the 2024, which means Ford hasn't done any search engine optimization to get people to the 25 info without digging for it. Hell, as I posted earlier, the generic maverick website on Ford.com is still for the 2024, when it should at this point contain 2025 info. The 25 isn't a "future" truck anymore, since the 24 order banks are closed. 25 is the only currently "orderable" Maverick.

Long winded, I know. And would you beleive i wrote that all on my phone? Haha.

Yep lazy, non thinkers, probably have no idea how much slightly off topic info they find most of their time, including me. Hard for some to understand differences in googling "Ford Maverick", "maverick Ford", "2025 Ford Maverick Order", can also vary results from which page(s) open, search initiated. I am more frequently just closing all pages in disgust when popup ad appears. When I see a small pop-up I may always search for that item when I first open browser so that most of the ads I get are for that item so I am expecting that one.

 

[Ozarkbeard]

There also are a number of current owners, like myself, who had planned on ordering a 2025 model, but changed their minds after seeing the awkward front redesign. That, and the elimination of the center dash controls was a deal-breaker for me,

This is exactly what killed my intention to order a '25 model.

 

[dhill59]

I accepted a trade-in value just over what Carvana was offering, because in IL you only pay sales tax on the new vehicle minus the value of the trade in. That alone can add a couple grand to the offer.

HRG

I wish that tax rule was the case here. Trade has zero effect on the 10.25% sales tax.

 

[djpat]

What crash? If you are talking about the economy - Stock market is at an all-time high, unemployment is relatively low, inflation is easing, gas prices are low, the Fed is starting to lower interest rates, people are making more money than ever before...the economy is strong and strong enough for vehicle prices to rise.

A lot of Maverick owners overpaid for their vehicles because demand was so high and low inventory, which also drove up resale prices. Production has caught up with the demand, Ford has barely marketed the Maverick - because they didn't have too. I'm sure most people that walk onto a Ford dealership lot that are looking for a truck are guided to the F-150 since they are more widely available and priced higher. A salesman is always going to push you to a vehicle that they can sell for more money.

When you look at what is available currently (MY24) and how long it will be before the first MY25's are actually going to be delivered, of course they will direct those interested in a Maverick to a vehicle they can sell now versus one that might not come till well into 2025. Salesmen make their commissions moving vehicles off the lot and into buyer's driveways.

I would also expect after this huge hurricane and so many vehicles that will be totaled out due to flood damage you will see a sudden drop in available inventory as people replacing their totaled vehicles with something they can afford after insurance companies low ball them. Which then also becomes buyer beware on buying a used vehicle that might have water damage -but that does make a lot of parts suddenly available too. I'm also sure this will drive everyone's insurance up as it always seem to.

Yes, there is a backlash to the redesigned front of the Maverick for 2025 (and most likely 26 and 27) will be a consideration for some buyers, but people will get used to it. If not, maybe that will keep the resale value up for a couple of years.

Originally, I had planned to keep my 24 for a couple of years and buy a 27, but it will all depend on where prices land and how well the 24 is holding up. I have no complaints at this point, mileage is above the estimated MPG and I feel safe in the truck. But if that right offer comes along....I might have to think about it.

Sponsored