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People flipping their Bronco

noliveaxle

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Biteyk9s

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not sure I follow .... so even w/ better than average depreciation, paying $4-5k sales tax (in CA) then flipping isn't a big deal?
 

Vigor

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not sure I follow .... so even w/ better than average depreciation, paying $4-5k sales tax (in CA) then flipping isn't a big deal?
Just factor that into your asking price. If tax is $5678, ask for $5678 more
 

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Heffe66413

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A friend of mine sent me this link off of craigslist for a guy flipping a bronco that he doesn’t even own yet. Which I can’t imagine is too surprising.

His post is interesting, because he seems to be demanding cash up front at the dealership. Which I find odd. There’s also no information about where his reservation is and what place he is in the ordering process. Other than saying his “early”.

I figured Ford would not want things like this happening. And would do everything they can to stop it, even if it’s hard.
I also assumed if you were going to flip your bronco you would try to load it up with his many features as possible since I know there are a lot of crazies out there that would spend top dollar for top of the line. ?‍♂
The problem is that Ford will issue the title in the buyers name. The original buyer will have to pay sale tax on it. Then when he sells it the new buyer will also have to pay sales tax on the purchase . If he is ina 7% sales tax state and his vehicle is 50000- he has to make 3500 more than he paid for it just to break even.
 

gentlemanbronco

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I'd definitely flip mine for the right price. It'd be nice to get extra house savings money AND new bronco.
 

RedHotFuzz

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The problem with "flipping" w/in a short amount of time is paying taxes - will dig into your profit immensely. Unless the play is having the new buyer buy directly from dealer and pay you extra?
"Wow, $25k of easy money in my pocket!" - Bronco flipper.

"Knock knock." - the IRS.
 

croyco

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A friend of mine sent me this link off of craigslist for a guy flipping a bronco that he doesn’t even own yet. Which I can’t imagine is too surprising.

His post is interesting, because he seems to be demanding cash up front at the dealership. Which I find odd. There’s also no information about where his reservation is and what place he is in the ordering process. Other than saying his “early”.

I figured Ford would not want things like this happening. And would do everything they can to stop it, even if it’s hard.
I also assumed if you were going to flip your bronco you would try to load it up with his many features as possible since I know there are a lot of crazies out there that would spend top dollar for top of the line. ?‍♂
They did when I bought my GT 500.
I did my self and made some coin.
Been around for a long time
 

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Broncodave

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Yes it will. It just might be delayed for 6 months or so while Ford ramps up. And if you don't want your Bronco to depreciate during that time, you better not drive it very much. People will pay up to get a scarce new Bronco, but they won't want someone's used one.

This is not going to be a collector vehicle of any kind. (This won't be a Ford GT.) Broncos will be a dime a dozen in a few years. (edit: Maybe sooner. https://www.bronco6g.com/forum/threads/?-recent-broncos-produced-wildtrak-big-bend-interiors-production-rate-stats.11977/ )

Anybody who wants to sell their vehicle for a profit should do it quickly.
 
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Broncodave

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Being an avid rock crawler, I am disappointed in this thread.
I was expected to see a Bronco parked on it's roof.
Look 9 posts up. ?
 

vintage

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Being an avid rock crawler, I am disappointed in this thread.
I was expected to see a Bronco parked on it's roof.

LOL
Here you go. This guy didn't even have to go off road to flip it.
Ford Bronco People flipping their Bronco Ford-Bronco-Flipped-1024x685 (1)
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