LuckyKnuckle36
RIP CoronaRaptor
Really? Temperature display on the knobs instead of the screen and cup holder lights? Come on... The only real arguement for a 21 vs a 22+ is if you have to have Leadfoot gray.
10k over sticker for a raptor msrp is 79,945 I have a guy in Houston selling it if anybody is interested
- Thread starter Viewsflores
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Viewsflores
Full Access Member
Think about this: As our Government continues to drive the economy into the ground, demand will continue decreasing. The decrease has averaged 9.8% over the last 9 weeks. As that percentage increases, so does negotiation power. We are looking at a very small subset of buyers that want a $90-100k truck and can actually afford it.
Dealers pay interest daily for vehicles on their lot. Negotiation power increases with each day a vehicle sits on the lot (new or used, but focusing on used here). Between 90-120 days of the used vehicle sitting on the lot, the dealer will be planning on cutting losses and sending the vehicle to auction. This timeframe is the time where buyers can save the most when negotiating. Of course, Raptors are a special case right now, but as I mentioned in the first paragraph, it will not remain that way.
gdflynn1
Full Access Member
Completely agree. A matter of time for these ADMs to dramatically reduce or disappear to MSRP pricing.
Viewsflores
Full Access Member
I agree but probably won’t be seeing that till 2024. Or late 2023.
The rates are high enough to discourage buyers. As it would cost $12-1400 (with good credit) a month to finance through a bank. So the slow of economy is Biden‘s plan to curb inflation and so ADM should start to be a thing of the past if Biden is successful.
GCATX
King Dingaling
I generally agree with everyone. But, what are the chances that MSRP goes up 8-10 mid 2023? I don't see a reason why they won't, considering ongoing inflation.
That’s tough To answer. But if history repeats itself, then like 2008, there will be a stall. It looks like it could correct its self. I’m not saying deflation as that only happened in 1929-1934ish but a stall. Housing has already slow way down. This truck that is going for 8k over, will probably go for MSRP if it sits there a few weeks. Not many people can afford $1400 a month. And the trade in value has peaked and is descending.
Viewsflores
Full Access Member
I pay 1,460$ for my gen 2 lol, with good credit. I got way to many additional warranties. I told myself my gen 3 has to be less than that or the same. It can’t be more. I need to free up more money for the new house next year.
Holy Smokes! My first 4 houses were cheaper then that per month.
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