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Are people going to order 23s just to sell ?

mlshirey

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Driving an XL EB and love it. Sports car fun! Peppy and fast in Sport Mode. Mine stays in Sport Mode even though I'm going to sacrifice 2 mpg it is well worth it to get the max fun factor from this little jewel. Ordering 2 ea. Hybrids next week. Plan to keep the XLT in Cyber Orange, trade in my XL (unless I decide to keep it. POWER)! The XL Hybrid will be my plaything to goof with the Market to see what happens. I don't put down a deposit and I am guaranteed MSRP by the GM at Autonation Panama City Florida in writting. All good. Bought 3 ea. new vehicles from them and they are fail dealers. I'm glad they're local, small but local. They had 2 ea. Ford's on the Showroon floor. One was a $93.000 F-150 and the only other one was an escape. Slim pickin's for the new car market here. Small dealeership. I won't have to make an ultimate decision until it rolls off the Hauler in Q4 2025!
FAIR dealers not FAIL! Damm rabbit fingers today
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Starwatcher

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It already has. Interest rates have gone up and that is effecting car loans too. Most people don't buy new cars with cash.
But the rates are still way below historic averages
 

LSchicago

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That would be dumb. The market is dropping now, and should be corrected by the time anyone gets a 23.
 

LSchicago

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But the rates are still way below historic averages
30 year mortgages already up from 2.5% to 5.5%. It will be higher before any 23's are even built.
 

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Starwatcher

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30 year mortgages already up from 2.5% to 5.5%. It will be higher before any 23's are even built.
I used to run the loan drop of a large bank. Car rates were 9 plus percent. Higher for less qualified borrowers. Honda dealer rates were 6.9 not too long ago
 

huunvubu

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For all those Flippers out there, beware......https://www.mavericktruckclub.com/forum/threads/is-carvana-broken.18148
And for those who ignore (or have blinders on to prove their narrow point) that Carvana is only one company buying vehicles and think that current low ball offers from Carvana is the current market I suggest getting quotes from the others (Vroom, CarMax, KBB and others) as those will show the market price is much better than current Carvana's offers.

Example: Same Ford Maverick XLT Hybrid quote, same miles, same VIN, same options

7/24/22 quote(s):

Carvana: $28,547

Vroom: $34,500

Ford Maverick Are people going to order 23s just to sell ? Carvana XLT Maverick Hybrid 07-24-22


Ford Maverick Are people going to order 23s just to sell ? Vroom 7-24-2022
 

Landric

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I'm just hoping that my $3k off MSRP Granger EB will hold enough of its value once I have it (purchased under MSRP) that I will be able to trade it on a 2023 hybrid and come out enough ahead that it is worthwhile. I'm not looking to make money flipping Mavericks.
 

Starwatcher

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And for those who ignore (or have blinders on to prove their narrow point) that Carvana is only one company buying vehicles and think that current low ball offers from Carvana is the current market I suggest getting quotes from the others (Vroom, CarMax, KBB and others) as those will show the market price is much better than current Carvana's offers.

Example: Same Ford Maverick XLT Hybrid quote, same miles, same VIN, same options

7/24/22 quote(s):

Carvana: $28,547

Vroom: $34,500

Carvana XLT Maverick Hybrid 07-24-22.JPG


Vroom 7-24-2022.JPG
Yep
 

MLowe05

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Driving an XL EB and love it. Sports car fun! Peppy and fast in Sport Mode.
I enjoyed driving the XL EB as well, way more than I thought. But have you ever owned a sports car? LOL :unsure:
 
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mlshirey

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I enjoyed driving the XL EB as well, way more than I thought. But have you ever owned a sports car? LOL :unsure: Triumph Spitfire Mazda Miata MX both for many years as everydays. Loved them and wore them out.
The Maverick wasn't built tor the track but for the highway it does more than I expected. 80 mph @ 27 mpg and power out the ass! I'll prolly end up keeping this one! It is really a fun truck in every way except the wait! Love it.POWER BABY!
 

mlshirey

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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.
I do! I'm ordering 2 ea. Bro. No hesitation. Wish I had room for more...lots more.
 

olderbudwiser

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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...
Well the housing market has started to take a dump.

Used car prices are declining.

Year from now gambling with 30K if you can afford it go for that.
 

Bobinmi

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Well the housing market has started to take a dump.

Used car prices are declining.

Year from now gambling with 30K if you can afford it go for that.
Yes, "year" from now "may be different"....but some folks will be getting 23's way before that...you're looking at WORSE case for 23 delivery...pretty much.
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