Don't know what you guys are smoking...but it must be good stuff. Lol. Dealers here are 15k to 30k over MSRP and more! Prices ain't dropping at all.
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Prices are starting to drop!
- Thread starter Montducati
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Price ford in port angeles has a 2 door badlands with sas selling at MSRP. I didn't buy it because I want high package and that one only has mid package. Otherwise it would be on my driveway now.
Here's the link: https://www.priceford.com/inventory/new-2022-ford-bronco-badlands-4x4-2-door-1fmde5ch7nlb53736/
It was in stock when I contacted them 2 weeks ago, not sure about now.
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Thanks! Will call tomorrow to see if it's still available. I'm also looking for High but willing to compromise a bit at this point.
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Still no inventory in my area. Think the two ford dealers near me have a total of 4 Broncos in stock all are over sticker. And finding a two door sas is like winning the Powerball. I think the prices will come down to MSRP but not until next year.
It is basic economy, we had too much demand that was driven by havingtoo much money in the system with too low of interest rates as well as the stimulus thet allowed the dealers to charge ridiculous amounts of mark up. Fed is raising the rates and won't stop until he inflation is at 2% and we have ways to go for that. That means auto loans will be higher. Energy prices are going up, that means some that were going to the buy a $65K car won't be able to buy them because now they are spending more on heating and electricity.
On the supply side, due to the pandemic the supply chain was disrupted which causes not enough cars being able to be built. That issue will resolve itself over the next 12 months or so. Once Ford is pumping out Broncos and you have lower demand, prices will stabilize fairly quickly. The dealers that are caught with the biggest inventories will be screwed. Look at Carvana for a market study. If you can't move inventory, you can't order new cars. If you are a dealer that has a ton of 2023s sitting on your lot when 2024s start rolling out you lower prices to move them because you are losing money every day they are sitting on your lots.
I would wait 12-24 months before making any car purchases if possible. My prediction is there will be lots of deals to be had.
On the supply side, due to the pandemic the supply chain was disrupted which causes not enough cars being able to be built. That issue will resolve itself over the next 12 months or so. Once Ford is pumping out Broncos and you have lower demand, prices will stabilize fairly quickly. The dealers that are caught with the biggest inventories will be screwed. Look at Carvana for a market study. If you can't move inventory, you can't order new cars. If you are a dealer that has a ton of 2023s sitting on your lot when 2024s start rolling out you lower prices to move them because you are losing money every day they are sitting on your lots.
I would wait 12-24 months before making any car purchases if possible. My prediction is there will be lots of deals to be had.
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When the order banks get close to opening, you’ll see dealers let some more go to get their allocations for 23.
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I was looking for a loaded Badlands in the Detroit Metro area. About a month ago, a dealer called me with one but $5k over MSRP. I passed and was fine waiting to order. Same dealer called 2 weeks later with a different BL, almost fully loaded and was willing to sell at MSRP, which was about $61k. I was happy with that deal and pulled the trigger.
Just for kicks, I punched it into Carvana before posting this and they are offering me $53k, without asking if it had a hardtop or not. I've also been shorting Carvana stock for about the last 6 weeks and made a nice little profit. I wish I would have thought of that about 6 months ago.
Just for kicks, I punched it into Carvana before posting this and they are offering me $53k, without asking if it had a hardtop or not. I've also been shorting Carvana stock for about the last 6 weeks and made a nice little profit. I wish I would have thought of that about 6 months ago.
Fortunately I got invoice when I negotiated my WT MIC MOD Bumper LUX PAC, Side Graphics, Paint Protection, and Hitch. I got Locked in to price protection (The WT is now $5k more on Ford website) being an earlier reservation (July 18th 2019). Don't pay ADM and you do not have to pay sticker. There are dealers out there pic the one that will negotiate and be done with it. I did.
Prices are dropping in some areas but not in others. My first bronco was a used 22' big bend, got it for 58K in North Carolina, didn't have all the bells and whistles, then got an offer for 57K on an OBX with lux package the next day! so of course I took that BB back. So, the ones on that lot in VA were much more reasonablly priced and both lots had the same number in inventory.
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This is inevitable and only makes sense, especially considering rapidly rising interest rates and inflation.
"There is a shat ton of inventory" I don't think so, where is it? My local dealer has one Bronco on the lot asking $5K over invoice. I agree prices are bound to come down, but get real. I know fake news is all the rage right now, but there isn't rows and rows of Broncos on dealer lots.
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