ADM closer to ending?

[DaveInMn]

What does it mean when the capital letters every other letter mean? Sorry I’m old haha

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Just a guess, but it probably means that every-other letter will be lower-case then too...lol
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[GCATX]

What does it mean when the capital letters every other letter mean? Sorry I’m old haha

Means he types like Brandon talks?

 

[Broken Wrench]

Ya'll are making me feel really good about my 21 at MSRP and 1.9%, hoping to pay if off in late Sumeer of 23, got 19 left to go. Best Truck I ever had so far, even better than my Gen 1 which was an awesome truck, but it never got 15 mpg around town. Mileage keeps getting better as the miles roll up, almost 9k on it now Freakin love that truck. Can't wait to retire next year and go out to MOAB and spend a couple of weeks just checking it out.

 

[WKUSMC]

It's definitely true that ADMs are dropping, but so is the used market as well. Gen 2 values have dropped $10-15k over the past 6-8 months. If you sold your G2 a few months back and buy a G3 now, you'll come out smelling like a rose!

I sold my 2022 and got 68999 with 44000 miles I did paid adm but it was delivered and mine was shipped 10000 adm so a good
Deal got paid more and a wash

 

[lobsterman]

I sold my 2022 and got 68999 with 44000 miles I did paid adm but it was delivered and mine was shipped 10000 adm so a good
Deal got paid more and a wash

Wow! You put 44,000 miles on a 22? Lots of seat time and gallons of fuel. Good for you, using your truck and got a good return on investment.

 

[Dudebrodude]

What does it mean when the capital letters every other letter mean? Sorry I’m old haha

It's like a way of mocking and/or saying something with extreme sarcasm

 

[V8 Goat]

Not sure where you are getting your information I bought a 2018 802a with 22k miles on Jan for 64k and just sold it for 63k with 30k miles. Is the market softening ? On other trucks and vehicles for sure on the raptor not so much. Minimum adm in ca is still 10-15k unfortunately

The ADM is a non-objective observance. Obviously every market is different, but dealers that once charged $25k ADM here in Texas are now in the $10-12k range.

As for the pre-owned market, I traded my 2020 800A with 15,000 miles in 2021 for $69,500. I think we can all agree that nobody is getting anywhere near $70k for a G2 800A right now. Again, that's my market here, and it may be different in your area.

I did a quick search (locally) and found a 2018 802A with 33,000 miles for $59k. It's a 1-owner truck with a clean CarFax and every option except carbon fiber. There are several more similar trucks in the area for sub-$60k. Trade in on those truck is probably $53-54k here in north Texas. I'm not saying you're wrong - rather I am saying that our markets are quite different!

 

[bgfx]

The ADM is a non-objective observance. Obviously every market is different, but dealers that once charged $25k ADM here in Texas are now in the $10-12k range.

As for the pre-owned market, I traded my 2020 800A with 15,000 miles in 2021 for $69,500. I think we can all agree that nobody is getting anywhere near $70k for a G2 800A right now. Again, that's my market here, and it may be different in your area.

I did a quick search (locally) and found a 2018 802A with 33,000 miles for $59k. It's a 1-owner truck with a clean CarFax and every option except carbon fiber. There are several more similar trucks in the area for sub-$60k. Trade in on those truck is probably $53-54k here in north Texas. I'm not saying you're wrong - rather I am saying that our markets are quite different!

I agree unfortunately north Texas has always been a bad market for any type of hype over pricing as evident in the home price index showing the market is 60% over valued over here too. Too many morons with bad fomo out here, I typically travel to Houston or out of state to purchase any vehicles than try to purchase locally as the 96 payment bumpkins out here will pay whatever it takes to be the coolest at their high school reunion and chilis.

 

[Tampaukfan]

Sold my fully loaded 2022 37pp with almost 14,000 miles for 90,500 at auction, 2 weeks ago.

 

[Teghogh]

The ADM is a non-objective observance. Obviously every market is different, but dealers that once charged $25k ADM here in Texas are now in the $10-12k range.

As for the pre-owned market, I traded my 2020 800A with 15,000 miles in 2021 for $69,500. I think we can all agree that nobody is getting anywhere near $70k for a G2 800A right now. Again, that's my market here, and it may be different in your area.

I did a quick search (locally) and found a 2018 802A with 33,000 miles for $59k. It's a 1-owner truck with a clean CarFax and every option except carbon fiber. There are several more similar trucks in the area for sub-$60k. Trade in on those truck is probably $53-54k here in north Texas. I'm not saying you're wrong - rather I am saying that our markets are quite different!

Interesting. Happy to get 62k for the truck I guess