Would you buy this (New 2020) Race Red Raptor, only optioning is 800A: listed at $59k MSRP offered for $54.6 ?
On the one hand it is somewhat deficient of options; on the other hand it is a Raptor.
Would this be a big no because of loss of resale value?
This is a good question. I have wondered how the Gen 2 base models (non-802A) hold their value when compared to the 802A models. And to be frank, I am not sure how they compare to one another. So maybe someone else can chime in here.
When I purchase a vehicle, I normally do a market analysis by going to KBB and NADA to see what the value of my vehicle would be worth if it was a previous model year with various different mileage intervals. In your case, see what a 2017 with 60k miles is valued at in its base configuration. Then maybe evaluate what a 2018-19 model is worth with 30k miles. This at least gives you a vague idea of what your vehicle will be worth in 2-4 years. Yes, the markets can change, but the Raptor market has been extremely strong over the past decade. And the 2020 Raptor is likely the last model year of the Gen 2. So once it becomes official that the Gen 2 is discontinued, the market ought to become even stronger as people know no more Raptors will be produced for 2 years or so.
I assume the truck you are looking at is a SCREW? A SCAB does in fact depreciate a lot more than a SCREW. I wanted a SCAB, but after I did a market analysis and saw the difference between a SCAB and SCREW after several years and at different mileage intervals, I went with a SCREW because I could get both for nearly the same price—I didn’t see the point of losing more money on depreciation just because I wanted two less doors.
Don’t be afraid to go out of state if you have to. Given how hard COVID-19 has hit the Northeast, I would imagine a lot of dealers are going to have killer deals once they open. In the Southeast (and other parts of the country), it is easy to get invoice pricing right now. You can definitely get an 802A Raptor in the mid to low $60k range (plus tax) depending on the options.
