melvimbe
FRF Addict
Ford is in the business of making money and they don’t care about resale. They will build a lot of these as they are the most profitable F150.
They are limited in their ability to produce the engine for these, in addition to every other supply constraint. I think we make a lot of these, but I don't think there is much chance they will saturate the market.
With a coming recession that will hit “pickup truck buyers” if someone has patience, in 12-18 months these will most likely follow the same discount path of the TRX. It’s basic economics- as others have pointed out there is a limited buyer at $109k.
That's very unlikely. Even if Ford could make as many of these as they wanted, it would be foolish of them to make it easily available at a discount. Honestly, Ford and many other brands are not likely to fill up auto lots with discounted vehicles any time soon. It's not a good business model. Dealers don't want to pay interest on vehicles sitting on lots, and Ford doesn't want to give out rebates to clear out last years inventory. And theoretically, vehicles that never sell new below MSRP should hold their resale better....so it's good for customers? As long as Ford can convince people to commit to buying vehicles sight unseen, and waiting a couple months for delivery, they will keep doing it. You might see ADM reduce or go away, but don't expect discounts like that.
ADM today discounts in 2023…. I feel like people are forgetting (maybe ignoring) that Raptors were below sticker just a few years ago but started out w ADM.
This is pre COVID days, yes. Hard to say history will repeat itself when Ford said that it's not going back to that business model.
Higher car loans, higher unemployment, lower stock market and a somewhat normal chip production in 2023 will hit demand on all cars. People are still (for whatever reason) living like it’s 2021. As used car prices fall you are going to have a lot of people w negative equity on cars.
Used values may go down, but Ford likely will keep new car supply low to maintain car values. If people don't want to pay them, that will increase demand in the used car market...which will help keep used car values relatively high.
I think the flaw in this new market where manufacturers keep supply low is that those who don't have to buy a new vehicle, or even a used vehicle, just won't do it. People will keep their vehicles longer and wait it out. No more impulse buying, and fewer people just turning over a vehicle every year or two.
That being said mentally when I factor in delivery, sunroof, sales tax and a clear bra I just don’t see the value looking at the spec sheet when when I take the emotion out of “but it’s a V8!!”.
I don't think Ford is looking to attract the value buyer with the Raptor R.