The abandoned orders at my Dealer are almost all high trim tricked out orders. Apparently some folks got caught up in the "oh lets add this and that, and oh squirrel..." without really contemplating the reality that they took a $35,000 vehicle and added $25k of options making their monthly payment well above what they were expecting.Absolutely correct.
There is a certain percentage of early Bronco owners who wanted one just to say they had one first. Since that’s over with they didn’t actually want a rough and tumble off road machine. So those are back on the market.
Then you have those who didn’t want to wait for their dream reservation so they got the soft top low options until their “real” Bronco showed up. Now those soft top versions are on the market.
And now you have the rising interest rates.
Some people are going to win, some will lose.
Everyone who ordered a 2-door base model completed the transaction, and more than half of those the customer paid cash.
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