What sort of prices are people seeing for their used Broncos?

[rkgsx]

I realize that these are depreciating assets, but has the used market really collapsed that much? The purchase quotes I'm getting a very low (think low 30s for a low mileage 2022) but I'm not seeing a corresponding drop in sales prices...

What is everyone else seeing out there?

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[Frankie945]

I paid 42k for my 4 door base model with the 2.7 and Sasquatch package almost 2 years ago, here’s my trade in value now.

 

[Ruby1]

I realize that these are depreciating assets, but has the used market really collapsed that much? The purchase quotes I'm getting a very low (think low 30s for a low mileage 2022) but I'm not seeing a corresponding drop in sales prices...

What is everyone else seeing out there?

I am seeing the value of mine drop like a rock. Granted it is only a Big Bend, but I am not even seeing offers close to my MSRP from 2021. I am trying to sell it privately to fund my 23 WT, but so far only lowball offers. It is to be expected however, as more and more Broncos are available new at MSRP and as interests rates keep climbing.

 

[BDBronco603]

Seeing price cuts on a lot of used ones that were marked up past MSRP locally. Seems like production is catching up and people are realizing they can order for MSRP and get it scheduled somewhat quickly now vs paying a markup on a used one. Interest rates obviously aren't helping either.

 

[Happycampinman]

Markets catching up to reality. I always got a chuckle when folks were posting about this vehicle being an instant classic and expecting to make a ton of money on it. Orders at msrp are being filled and the days of huge mark ups should be over. In another year or so, the Bronco is just going to be another vehicle that depreciates and deals will be available. Folks that had to have one are now finding out it doesn’t match their needs and a lot will be hitting the market.

 

[MayhemMike]

Can’t comment on used, but the dealer I bought from has had a new two door black diamond Sasquatch in eruption green on their lot for almost four weeks. They have it marked up at the same $5K over sticker all their other “available” Broncos have been.

 

[615_Bronco]

I’d wager a lot are backing out when they see that interest rate.

 

[Area51BS]

Staying high here.

 

[Blackcat]

Just wait until Ford cans the m/t for good…

 

[Cygnusx1]

Autotrader is your friend.

 

[Area51BS]

I’d wager a lot are backing out when they see that interest rate.

I’m sure. Just bought my wife a BS Heritage and they threw out a 10% interest rate. I said not happening. Ford is offering 2.9. Except on Broncos and Mavericks.

 

[Ixr]

I think any combo of 4 door and soft top is going to be much lower than its original sticker used.

This is just a guess, but if you want close to original msrp it will definitely need sasquatch and a hard top, or be a two door.

 

[indio22]

Once things settle in you'll generally get the best resale value on base models.

 

[Brockdog12]

I’m sure interest rates aren’t helping the market. My dealer has had over 20 Broncos on their lot now for many many weeks now, plus 3 used ones. I bought a new vehicle back in June and got lucky with 0.9%, not a Bronco, traded that off a year ago.

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