Assessment on current market conditions - thoughts?

[alibo70]

There is a new 2023 R on BaT now in the 120s and a used (8k miles) sitting in the low 40s. My guess is the new one may hit 130 and the used one in the 90s. Any other guesses.

Wholesale is $128k on the 8k mile truck so atleast that. Plus has all the desirable mods already done.

 

[RCorsa]

We shall see. The last new one on bat sold for 132 I think. I don’t see 8k miles fetching 4k less. Mods generally dont Add value but we shall see in a few days

 

[noraptor]

Earlier in the year, I noticed inventory hovered around 50-80 units on cars.com for the first 6 or so months. In my last check this week, cars.com shows 136 units so inventory is up now but listing prices are still $30K+ on ADM. Anyone notice ADM's coming down recently in their hometowns? Perhaps, with the order banks open for the 2024 this could bring prices down on current inventory. Thoughts?

"

“With almost all S&P 500 companies having reported earnings, the message is clear: Sales are disappointing. The fewest since 2019 beat their revenue estimates, according to Bloomberg Intelligence. One of the most frequently repeated phrases on earnings calls this season has been one of “weakening demand” among consumers. That’s even as profits have risen. Not surprisingly, revenue warnings for the next quarter are also increasing, along with signs that companies’ ability to raise prices will be constrained.”

 

[asg0524]

We shall see. The last new one on bat sold for 132 I think. I don’t see 8k miles fetching 4k less. Mods generally dont Add value but we shall see in a few days

FYI - Last 3 new ones sold for $136k, $146k, $136k respectively.

 

[jeanco]

War industry around the world is doing very well in all country,Russia included!
money is flying around!
They don't need the stock market!

 

[RCorsa]

131 for last sale of new 2023 on Bat for a nice spec/popular color

Got a call today from local dealer saying they have one arriving with customer backed out. But I’m getting a different dealers first 2024. FYI the incoming 2023 she mentioned they were asking 144k for a 112k spec —lol

 

[asg0524]

On BAT there is a 5% fee on top of the final sale price to the BUYER capped at $5k..so the last one technically sold for $136k or $25k adm, that’s still a kings ransom

 

[Booth9999]

I think the 23 will be below 100 next year

 

[alibo70]

I think the 23 will be below 100 next year

Don't think so lol.

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[asg0524]

Don't think so lol.

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$145k for the one with 8k miles. I love all the wishful thinking on here though! Optimistic economists