Are maverick prices due to crash?

[710-oil-614]

Interest rates and falling prices of used cars (my 27,500 new 2024 civic is worth less than 23,00 currently) are going to possibly make me want to walk away from my Maverick when it arrives.

But I've waited FAR too long for a Maverick Hybrid, and now that it finally has AWD and 4K tow - it will be well worth it.

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[uga]

This might change things if there is a strike:

https://autos.yahoo.com/ready-more-car-parts-shortages-213000149.html

 

[killowatt]

Highly doubt it. One of the most affordable cars on the market and has multi - use. As in its wanted by consumers in urban and rural areas and small and big companies.

 

[Chase300]

Is it Ford or a Ford dealer that sold you

Ford, it was ordered through a dealer, but due to delay in production, like many others Ford provided me price protection when I placed the order which was for a 2023. Dealer got their money, Ford took the hit, but you and I both know Ford didn't lose money selling a 2024 to me for $3,400 less than the MSRP.

 

[OneAlienBoi]

I think everything is gonna crash in price. Basically every used car and most houses. People always focus on the smaller details and assume they control the bigger picture. Like the people who think we'll never see a '08 level housing crash again, because we got rid of things like NINJA loans that made the housing market more unstable.

But the bigger picture is people can't afford this stuff anymore. People in America can't afford cars, or homes, or any sort of luxury goods. That's the big picture right now. The outcome of that is demand is gonna fall through the floor, and the price of a lot of goods along with it.

I cringed seeing people paying insane prices for used cars during the pandemic. Donut media did a vid on this, they found used Kia Telluride's with 60k miles on them selling for over 50 grand. That's the perfect example of the kind of car where the owner is gonna get rinsed like you wouldn't believe as the market corrects. That Kia is probably worth 25-30k now.

 

[npaladin2000]

This might change things if there is a strike:

https://autos.yahoo.com/ready-more-car-parts-shortages-213000149.html

I don't think so. There's no parts coming in to the US just to be exported to Mexico to be used in assembly. They'd drop them off in Mexico itself.

Now a lot of other cars might be impacted, particularly European brands that have to ship in parts from Europe, but I don't think Maverick production will (or any other cars assembled in Mexico).

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