I May Have to Flip It

[theway-yay-ting]

You could also go in on the date the truck is ready for you and (while being ready to complete the purchase if they say no) tell the dealer you'll cancel your order for $2k or whatever. The truck is physically right there, they presumably still have a list of folks who are willing to pay $3k or whatever over MSRP, and saves you any perceived hassle of dealing with a third party.

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[Tbolt]

Pretty sure no dealer in the world would let you extort them like that. You literally own nothing at that point, what are they paying you for? Everyone is a car salesman these days I guess. You buy it or move on, pretty simple.

 

[MakinDoForNow]

Yeah I'm hoping to get my truck within the next few weeks hopefully the trade market stays hot until then.

Time to revaluate your risk of the extra $$$$ = how much is it worth to me to not have it until my truck comes in. Also in this troubled time consider the value of having the cash in hand and financing the truck at minimum down payment.

 

[Decayed]

Time to revaluate your risk of the extra $$$$ = how much is it worth to me to not have it until my truck comes in. Also in this troubled time consider the value of having the cash in hand and financing the truck at minimum down payment.

Trust me I am considering hard.

 

[OleFordGuy]

For all those Flippers out there, beware......https://www.mavericktruckclub.com/forum/threads/is-carvana-broken.18148/

https://www.youtube.com/channel/UCzGxSaDv_5dgSe4RgJ99sfA

 

[MLowe05]

For all those Flippers out there, beware......https://www.mavericktruckclub.com/forum/threads/is-carvana-broken.18148/

https://www.youtube.com/channel/UCzGxSaDv_5dgSe4RgJ99sfA

You keep sharing this on various threads, but Carvana is hardly the only way to sell a Maverick. It's just one of many possibilities.

 

[AutobahnSHO]

I'll be the wet blanket- my opinion of course.

Most types of business depend on risk.

-Buy stuff and hope to sell it for more. You face the risk it doesn't sell for the price you want, and you sell at a loss, or not sell at all.
-Use a loan to buy stuff to sell for more- more risk but sometimes more opportunity for profit.

Some people make money because they manage the risk and the basic stuff well. Like paying millions of dollars for a McDonald's franchise and paying it off in 5-10 years, then making profit for another 5-10 years, then selling it to someone else.

At the same time there are millions of small businesses started every year and many of them go bankrupt within a few years, or just close up shop.

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Much like Bitcoin and other crypto currency was making some people stupid amounts of money for a while- it all came crashing down.

We're in a weird financial time. Never before that I can think of in US history could you buy a new car and sell it used for more money than you paid.

But that may end at any unpredictable moment. Be careful to watch the economy and signs around you- don't buy a Maverick (or other vehicle) (on credit or cash) hoping to sell it for profit then get caught not being able to sell it.

I was recently working in an office where everyone was yakking about all the money they were making on cryptocurrency and NFTs. Sadly most of them lost 5+ years of hard work on their "investments" when that market crashed earlier this year.

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