How to sell my Brand New Bronco Raptor

[Tommi]

Hi all,

I have brand new 2023 Bronco Raptor for sale and was told I can make a profit, but I don’t even know where to begin. I have about 24 hours to decide if I’m going to pick mine up from the dealership (at MSRP) and resell it to make a little profit. Is it even worth doing it? And how would I do it?
Know someone that’s interested or a car broker?

UPDATE: I left it at the dealership. Thanks for the advice

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[Doc TOC]

You have to buy it first.
That will cost you MSRP, plus sales tax (8.25% in Vegas baby), registration ($34 + 1.4% of vehicle sales price), plus processing fees (approx. $200). So there is about $9,000 of money you are not getting back. On top of that, you still will have to pay listing costs ($300 - $1500) or a brokerage fee (usually at least 2%). So you would have to clear $10G's or more above MSRP to break even.

You are now in the dealership ADM stratosphere. Is that a space you are comfortable in?
Are you a big roller?

 

[Tommi]

So you’re saying you wouldn’t do it? Also, it would be registered in Michigan. I’m at $91k msrp

 

[Doc TOC]

1.. Look up Michigan's rates and do the math.
2. Me? No. I don't do negative transactions.
3. I personally think the people who said they "sold it for $XXX dollars over MSRP" never said they made a profit on all the transactions combined. To avoid vehicle sales tax and registration, you have to be a registered broker or dealer with the DMV (regardless of state). When someone posts the actual (unredacted) bills of sale and their bank statements, then I will believe them. So, smoke and mirrors and some bovine pucks.
4. Unless you find a real life dolt, you probably can't charge someone a premium and expect them to buy the Bronco "AS IS". I am not familiar with MI law on unexpired warranty period for private used car sales. (The instant you drive over that dealership curb, its a used car.) You could be on the hook for the warranty costs if Ford chose not to honor it for some lame reason.

You aren't selling Matchbox cars for cash. If someone can fork out $100K+ cash for a car, you can bet they have an attorney on speed dial for when they are not happy. Do you?

 

[MNBigfoot]

You'll easily sell it for $120k, stick $20k in your pocket, I'd go for it.

 

[mcinfantry]

You'll easily sell it for $120k, stick $20k in your pocket, I'd go for it.

easily

 

[imOFP]

You'll easily sell it for $120k, stick $20k in your pocket, I'd go for it.

Where? They aren’t even hitting $85k reserve prices on BAT and there are dealers like Granger who are selling their (5+) BRaptor allocations at MSRP. Reading auction comments you might be able to resell a bit above MSRP but $120k isn’t happening anymore. Anyone who wants one of these and was willing to pay $120k already has one.

 

[Dude1967]

You'll easily sell it for $120k, stick $20k in your pocket, I'd go for it.

 

[HeliPilot]

I have zero interest in a Bronco Raptor. But I just did a quick AutoTrader search near me, and there no less than 10 of them priced at or below what your paying and attempting to flip. Here’s one. GLWS!!

 

[Cux211]

The flip boat has sailed my friend, odds are you’d end up losing a little I wouldn’t do it unless you plan on keeping it for at least a little while to enjoy it

 

[orekid]

Look at bring a trailer. It’s more than doable

 

[jlee504]

I think you missed that boat. I just a raptor for 2800 under MSRP, now it depends which MSRP you have but still they are dropping pretty quickly. even if you have an earlier 2023 raptor msrp there isn't that kind of premium anymore.

its amazing these dealers are still trying to get ADMs and don't actually realize how much inventory is building out there

 

[BlueBronco]

Look at bring a trailer. It’s more than doable

Is it though?

The 3 month average sell price is $93.8k.
Average bid to price is $91.3k

 

[Beach_Bum]

Is it though?

The 3 month average sell price is $93.8k.
Average bid to price is $91.3k

I don't know if there is any correlation that can be made, but any raptor that is not a grayscale color seems to realize a lower selling price. Recognizing that the provided sample is small, it would be interesting if the general premise of the observation is supported with a larger sample size. Something raptor owners might want to explore, if they are curious.

 

[MillerAndCheeto]

You're a tad late on the buy-and-flip of the Bronco's. The wait is not that long right now, so finding someone willing to spend $20k over MSRP (the amount you'd need to list it to make it worth your while) is unlikely.

I'm currently debating selling my current Bronco to pick up a Bronco Raptor and the dealership is listing it at $10k under MSRP. These are frickin expensive vehicles and if you haven't noticed, the Economy isn't doing too hot and interest rates are a killer to most folks.

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