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Would you Flip your Mav?

James D

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Assuming you already own another working vehicle, would you flip your Mav for a profit? Scenario: I bought my MAV @ Chapman 4% under invoice. I went to the parts department at the local dealer, and while I was waiting the used manager came up and said they would give me 2k over MSRP if I sold my truck.

After doing some quick rough math.
Ford Maverick Would you Flip your Mav? giphy
I would come out with a little over 2k profit after taxes paid.


It's not much, but I'm also on the fence about ordering a Hybrid, instead of sticking with my Ecoboost.

Thoughts?
Paying the $2k= in tax & fees complicates this issue. It's your order so even if you did not put any money down, you are in control If you want to flip.
1) You could buy it in your name then sell to someone else but this creates the double tax situation and less profit for you.
2) Don't pay the tax but assign your right to buy the truck still brand new to someone else. Assignment is done all the time, I do not see anything on the order sheet that prohibits this. Assignment has value so you can collect a fee in advance from whoever wants to buy it, unless its your dad I guess.
3) Tell your dealer you will let them sell it off their lot instead of taking delivery and paying tax, as long as they split their profit with you. They will probably get up to an extra 10k. Just make sure whatever they agree to is in writing, including seeing the final sales contract (with private info blacked out) to keep them honest ...unless you trust car dealers of course.

No matter what, please no one should tell their dealer you do not want the truck anymore. In this strange world vehicles have become assets and don't depreciate 5k off the lot like they used to. Changing you mind is OK, don't let them know your thoughts. I doubt you would give a stranger an asset like a gold bullion bar for free. You should not give up control of this asset for free either.
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skadizzle

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I have two Lariat Hybrids ordered at two different dealerships, one with the Lux package and another without. I had to put $100 deposit and was going to cancel the order, but I thought about asking to make a deal with them because I'm sure they would rather it get to the lot first. They are selling them at MSRP though and do not have a dealer fee so I don't know what's in it for them.
 

MattIngram

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I personally would not do it but my Maverick will be my primary vehicle. That being said, if I were to consider selling a vehicle, dealerships are notoriously low by thousands of dollars. I always check by doing a quick sell my vehicle to Caravana.
 

James D

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I have two Lariat Hybrids ordered at two different dealerships, one with the Lux package and another without. I had to put $100 deposit and was going to cancel the order, but I thought about asking to make a deal with them because I'm sure they would rather it get to the lot first. They are selling them at MSRP though and do not have a dealer fee so I don't know what's in it for them.
If a dealer sells at msrp then they are only getting the same amount as if you complete the purchase. Something tells me once rare hybrids start getting delivered, msrp will be no longer and there is a deal to be made.
 

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2022EOW

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No. I respect those waiting to get theirs so I wouldn’t buy one and immediately resell it. That’s as bad as those who have 2-3 orders in and will take the first one that comes in, just makes the wait longer for others as the dealer will sell the “extras” off the lot.
 

BMCGC

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I would flip it in a second for the right price. I'm not going to be buried in it.
 

Area51BS

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Even for 10k over. What would I buy? I don’t like anything else except BS and Bronco.
 

ValenciaOrange

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If you are in line for a Hybrid Maverick, how would you get the dealer to sell it to someone else who you choose?
 
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MakinDoForNow

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Anybody else regretting not putting $1,000 refundable deposit on a Rivian pickup that came with right to purchase 175 shares at IPO price (turned out to be $78.00) a week ago that would have cost $13,650. Closed today at $172.01. Do not know how much Ford owns of Rivian but some reporting they believe 12+% so Ford has made billions on Rivian. The $13,650 would have grown to $30,101.75 but you couldn't cash out until lockup period is over. I considered but didn't do it.
 

JASmith

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If the dealer is willing to offer you $2K, that means they plan to resell it at that price plus their profit margin. So if its easy to sell, and it should be, why not sell it yourself? What do you need the dealership for?
 

BlackXL

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Hedge. Tell 'em you'll take 1/2 a bitcoin. One thing about cars, they are always making more of them.
 

06Warrior

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I’ve been waiting 4 months for my Hybrid with no scheduled build date email yet. I might be waiting until spring of 2022.

I have a feeling things are only going to get worse with supply issues and prices going up. I’m not willing to sell my hybrid whenever it arrives only to go thru this again no matter how much profit I could make.
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