Carvana offer under original MSRP for my 2021 2DR Badlands 7MT with like 5k miles.
Sponsored
Sponsored
Prices must be going down.
- Thread starter BottleShark
- Start date
- Watchers 10
I think it might depend on location, just last week my carmax offered me $57,000 for my 2022 Badlands 4-door v-6 softop and no other options with 11,500 miles, which is still roughly $8,000 than MSRP
No modifications because you return to stock before you sell or trade it and probably get 25%-50% of your mod value back when you sell your aftermarket parts.
The mods won’t add value on a trade, only possibly a private party looking to do similar mods.
Here is a screen shot of a local dealer near me from this morning. It was the dealer I was assigned to when I reserved 800 days ago because its closest to my zip code. There are 2 other dealers nearby with 4-8 Broncos on the lot and although they do not post the ADMs, they have added them in the past and the MSRP is crossed out on the website. I am certain its not crossed out because you will get it under sticker.
This particular dealer had 8 total trucks. All nicely appointed. All over MSRP. Commodities constraints? Yeah, sure. FORD knows exactly what it is doing. They are allowing if not encouraging this behavior from dealers.
Dealers will be the last to respond to market correction.
This particular dealer had 8 total trucks. All nicely appointed. All over MSRP. Commodities constraints? Yeah, sure. FORD knows exactly what it is doing. They are allowing if not encouraging this behavior from dealers.
Dealers will be the last to respond to market correction.
Mods almost never add value, but returning back to stock is often not an option especially with lifts, bumpers, rims and tires - most people don't have the originals to go back to.
Last edited:
Sponsored
- First Name
- Nate
- Joined
- Jul 14, 2020
- Threads
- 54
- Messages
- 2,680
- Reaction score
- 5,814
- Location
- Sac-a-tomatoes
- Vehicle(s)
- Bronco, F150
- Your Bronco Model
- Black Diamond
Car market is shifting to fuel efficient cars, price is just coming down because fuel prices have not come down.
I hope you're right and I hope greedy dealers like this lose a bunch of money!
Urban Motors Inventory Listings
Urban Motors Inventory Listings
I'm going to disagree with that theory; no one bought their Bronco thinking they were going to save at the pump.
Hmm, should I get a Bronco or a Prius? Said no one ever.
- First Name
- Nate
- Joined
- Jul 14, 2020
- Threads
- 54
- Messages
- 2,680
- Reaction score
- 5,814
- Location
- Sac-a-tomatoes
- Vehicle(s)
- Bronco, F150
- Your Bronco Model
- Black Diamond
Just sold a Bronco (carmax) and the hot item right now is hybrids and Electric Cars. Its not a factor for some but definitely effecting the market. While waiting for my evaluation at carmax I was all alone out in the jeeps/truck area. Everone was kicking the hybrid tires...
Price is going down, first editions are no longer the hottest bronco, no one wants a used soft top!
- First Name
- Dave
- Joined
- Oct 29, 2021
- Threads
- 17
- Messages
- 322
- Reaction score
- 471
- Location
- Northern VA
- Vehicle(s)
- 2011 Toyota Prius
- Your Bronco Model
- Outer Banks
Carmax offered me 10k below MSRP on a different car that had 250 miles on it last March. Carmax may not be the best gauge for the economy.
Sponsored
- First Name
- Dave
- Joined
- Oct 29, 2021
- Threads
- 17
- Messages
- 322
- Reaction score
- 471
- Location
- Northern VA
- Vehicle(s)
- 2011 Toyota Prius
- Your Bronco Model
- Outer Banks
I would agree the sentiment about the Bronco however I will say that my Prius has only increased in value. I was about to sell it last Spring and instead held onto it and it's gone up $2k more since then with more miles.
I've been driving a Prius's for the last 20 years. I think I've saved enough on gas in my budget that I can have a Bronco for awhile.
- First Name
- Dave
- Joined
- Oct 29, 2021
- Threads
- 17
- Messages
- 322
- Reaction score
- 471
- Location
- Northern VA
- Vehicle(s)
- 2011 Toyota Prius
- Your Bronco Model
- Outer Banks
Here's a write up about the current state of car costs.
https://www.foxnews.com/auto/jeep-wrangler-hot-customers
https://www.foxnews.com/auto/jeep-wrangler-hot-customers
BLUF: The used car prices will crash soon, pun intended.
My 2cents...
Overall, prices are coming down on used cars. Take a look at the dealerships... new cars are coming in and starting to fill the lots.
Feds raising the rates on homes and cars and with everything else being more expensive; less people are purchasing vehicles. Add in the new cars on the lots and new options. If I am going to purchase a vehicle with a high interest rate, I would want the new options, and want it to last and have a warranty.
When we were not in a recession, people would just go buy what they want. Now, or soon, people will be more mindful of their purchases and give it a second thought at least. Do I need a BRONCO, hell yeah! DO I need a C8? Hell yeah also! I dont live beyond my means so I dont need to think about interest rates or MPG... its more about smiles per gallon.
In 12 months, I would guesstimate the cost of a used car will be either back to normal, or even well below what is normal.
C8s are coming down too, unless they have under 1000 miles.
Bigger picture... check out the interest rates for homes and vehicles in the 80s. We could be heading for this again. Hope not but if you are prepared, you will be ok.
My 2cents...
Overall, prices are coming down on used cars. Take a look at the dealerships... new cars are coming in and starting to fill the lots.
Feds raising the rates on homes and cars and with everything else being more expensive; less people are purchasing vehicles. Add in the new cars on the lots and new options. If I am going to purchase a vehicle with a high interest rate, I would want the new options, and want it to last and have a warranty.
When we were not in a recession, people would just go buy what they want. Now, or soon, people will be more mindful of their purchases and give it a second thought at least. Do I need a BRONCO, hell yeah! DO I need a C8? Hell yeah also! I dont live beyond my means so I dont need to think about interest rates or MPG... its more about smiles per gallon.
In 12 months, I would guesstimate the cost of a used car will be either back to normal, or even well below what is normal.
C8s are coming down too, unless they have under 1000 miles.
Bigger picture... check out the interest rates for homes and vehicles in the 80s. We could be heading for this again. Hope not but if you are prepared, you will be ok.
Every time there's a post about prices normalizing, there are examples of locations where prices are still absurd. Autonation in CO offered $67k for my 2 door Badsquatch/High/2.3/7MT. Least expensive in stock at the dealer near me is a used 2 door base for $59k
https://www.omearaford.com/used-vehicles/?_dFR[model][0]=Bronco&_paymentType=our_price
https://www.omearaford.com/used-vehicles/?_dFR[model][0]=Bronco&_paymentType=our_price
I agree that people are buying EVs and hybrids and the market is going in that direction but that was already happening before 2021 when the Broncos came into the marketplace.
So it's not really the reason for the decline of the Bronco mark-ups.
Sponsored
