Resale Values-Why so Brutal

[HoosierDaddy]

People seem to forget, before the "commodity restraint" shit hit the fan, even the F150 Raptors were being marked down at the dealers.
I saw a dealer near me had several new ones on the lot listed below invoice.

I see F150's FILLING the lots right now, so those STEEP new vehicle discounts will start rolling out again pretty soon.

If I ever see a $55k-$65K Raptor…anytime soon… I’ll be one of the ones trying to shove this Wildtrak back to the dealership on a trade.

At that point, the dealer will only offer $35k or less for a WT.

Yeah if you have a bronco drive it til the wheels fall off if not bring the lube to the dealership.

The wheels will be fine.... all the tech failures will turn it into a 4500 lb brick.

Sponsored

 

[scotman623]

Times are definitely going back to Normal.. I only owe 20,000 on my Bronco, need to refinance soon… 720 credit score last March and got a 7.9% interest rate… YIKES Plus I paid 3500 ADM..

 

[Bigfx]

Times are definitely going back to Normal.. I only owe 20,000 on my Bronco, need to refinance soon… 720 credit score last March and got a 7.9% interest rate… YIKES Plus I paid 3500 ADM..

holy cow got 4.9 from a local credit union last April when I got mine

 

[scotman623]

holy cow got 4.9 from a local credit union last April when I got mine

I was Stupid!! I was so excited that I let them finance me through Ford!! Going to my bank soon…

 

[TheShark]

(in an era when American made cars were literally built to fall apart in 7-10 years!)

I'm so old I remember American cars from the '60's -'80's, more like 3-5 years. Back when 50k miles was a major milestone.
I think two things will help the value of older Broncos, inflation and price increases. If you paid MSRP on the older lower MSRP Broncos you might not be in bad shape, if you paid the newer higher MSRP and god forbid ADM and a higher interest rate then you might be in trouble.
Welcome back to the world of car buying pre-pandemic.

 

[the314boss]

Don't forget options can make that much price difference as well. The $80000 one may have far fewer options the $93000 one. Not that hard to add $13000 in options on a modern vehicle.

this is certainly true, but i can tell you from personal experience that the mid-year price jump is a very real (and painful) truth.

not whining here; fortunate enough to be able to make this purchase without it impacting my overall life/finances - but it was shocking to compare window stickers with those i had saved from early year musings compared to purchase in october.

 

[BroncocnorB]

holy cow got 4.9 from a local credit union last April when I got mine

I’m at 1.9% after 25,000 down and credit union loan

 

[userdude]

I’m at 1.9% after 25,000 down and credit union loan

When did you get that loan? When I ordered my 21 Bronco, I pre-qualified for a 1.9% loan at my credit union. 18 months later, 4.7%. If you got 1.9% after interest rates went up, is it USAA or something?

 

[RustysBronco]

My brother took a ride in my Sas'd Badlands, which has the hard top and really liked it. We're finding that higher trimmed models with SAS and a hard top are holding values. He'd jump at a Badlands/Wildtrak for $46-48k but none seem to be out there (with reasonable miles).

 

[BroncocnorB]

When did you get that loan? When I ordered my 21 Bronco, I pre-qualified for a 1.9% loan at my credit union. 18 months later, 4.7%. If you got 1.9% after interest rates went up, is it USAA or something?

Nov ‘21 through Achieva. I have automatic payments I think it’s just under $400 a month. And half paid off thank god

 

[MayhemMike]

My local dealer has two dozen new Broncos on their lot. They also have four Bronco Raptors on the lot that have been there for a month. Seems like just yesterday folks were fighting over “ golden tickets”. BTW, the Broncos are marked under sticker. The Braptors are at sticker.

 

[omi205]

Have been thinking about this recently. The resale is over. Also the demand has flattened. It used to be hard to find a bronco. There are at least 5 on every ford lot right now. Its no different then any other vehicle at this point. Along with high interest. Your buying to keep not to flip at this point. Its like buying a new Toyota camry and then trying to flip it for more…good luck.

 

[userdude]

Just rolled over to Marty B's in Bartonville (Argyle) in Golden Triangle from Denton, under 7 miles and 18 minutes. Saw at least 10 fullsize Broncos (only one Sport ), mostly all 4drs except a clone of my 2dr Carb Gray BL Sas. I think I might've seen @Chritaka on 407 going the other way? I think he has the black dashes/stripe on the bottom of the door. There were three in the Marty B's parking lot.

Really not sticking out anymore.

 

[indio22]

The temporary lack of supply due to being a newly introduced vehicle, parts issues and COVID impact on production is over. Bronco was always intended as a mass produced vehicle, it's how it should be right now in terms of availability and prices. The initial scarcity driven values were never going to hold longer term, as it was a temporary situation.

 

[topdawg4ever]

Sticker prices are real and not set by supply chain. Inflation is real.

Sponsored