Any idea why people are trading in their new Mavericks?

[MattIngram]

You and many others are generalizing. It depends on supply and demand, barriers to entry, and lack of intrabrand competition. All of those factors contribute to prices over MSRP. If you reside in an island like Hawaii you either buy a car over MSRP or you don’t drive any car at all. So it’s smart to buy over MSRP because it’s your only choice and dumb to pass.

Or you’re overspecializing. Markets work a lot differently on the mainland with the caveat being during normal times. Islanders will always have to bake transport costs into their purchases, large and small. That being said someone from Hawaii still purchased from Long MacArthur. I bet he paid MSRP and only paid extra for transport. Tim showed off a Hawiian shirt they gifted him on one of his videos

Sponsored

 

[Romac]

I sold my Bronco sport in august and ordered my Maverick, made $4200 over what I paid for it after A plan and taxes. The market is insane. We also recently sold our 2020 escape for almost to the dollar what we paid new (with 30k miles on it).

 

[AdventureSetterland]

Hello All!

I want a Hybrid, and couldn't even get my order in. That being said, in the last 10 hours I've had 3 dealers call and tell me they have new trade in Mavericks. 2000 miles or less (none are hybrids). Was curious why there would be such a "surge" for lack of a better word in trade-ins? Your thoughts would be great!

Not sure if it is the case, but many times demos are sold around 2k

 

[NewBernWolf]

Except this drives inflation. People paying more than what would normally be expected. Look at the housing market. When demand exceeds supply inflation is the result.

In the US, there are a lot of people who have strong and abiding love of capitalism right up until it bites them in their own pocketbook. Dealers are going to sell these things for whatever amount of money they can get consumers to pay.

And yeah, the market is insane.

 

[C J Cox]

Another example of current market pricing. Somebody offer me several thousand more than what I have tied up in mine, wouldn’t hesitate to sell it and order a hybrid.

 

[Tbolt]

In the US, there are a lot of people who have strong and abiding love of capitalism right up until it bites them in their own pocketbook. Dealers are going to sell these things for whatever amount of money they can get consumers to pay.

And yeah, the market is insane.

I suppose you prefer the State run model where you get on a list and wait several years for the system to allocate you a Lada.

Consumers lack both patience and restraint. Always have.

 

[NewBernWolf]

I suppose you prefer the State run model where you get on a list and wait several years for the system to allocate you a Lada.

Consumers lack both patience and restraint. Always have.

What kind of vehicle is a Lada? I'm not familiar with the name.

 

[TSAINTS1115]

What kind of vehicle is a Lada? I'm not familiar with the name.

A communist era Russian car. Buyers would have to wait years sometimes for their turn at the opportunity to buy one.

 

[Imlooney]

Seems obvious to me that as hard as it is to get one, keeping it might be harder. Probably going to be the most stolen vehicle ever. Look out insurance rates.

 

[NewBernWolf]

A communist era Russian car. Buyers would have to wait years sometimes for their turn at the opportunity to buy one.

So...like a Tesla or a Bronco.

 

[volksnuts]

Seems obvious to me that as hard as it is to get one, keeping it might be harder. Probably going to be the most stolen vehicle ever. Look out insurance rates.

Super doubtful

 

[Lappo424]

Why do you want to get rid of it?

Make a profit

 

[Bikeric]

Except this drives inflation. People paying more than what would normally be expected. Look at the housing market. When demand exceeds supply inflation is the result.

That's not "Inflation"..... that is called a Bubble.
Only the government printing more money, which reduces it's value, is the cause for Inflation.

 

[Bikeric]

So...like a Tesla or a Bronco.

If Tesla and Bronco were your ONLY choices, then yes.

 

[CACTI_HYBRID]

That's not "Inflation"..... that is called a Bubble.
Only the government printing more money, which reduces it's value, is the cause for Inflation.

That's not "Inflation"..... that is called a Bubble.
Only the government printing more money, which reduces it's value, is the cause for Inflation.

https://www.investopedia.com/terms/i/inflation.asp

Sponsored