Current '23 R Market Conditions

[mchurch0211]

market is shifting faster than a lot of people thought. there are a few used Rs already in the 114k range . in about 6 months i predict you can get one in the low 100’s or upper 90’s. i negotiated a 23 with 5k miles from asking 132k down to 120k still could not commit as my 24 is 123k

 

[BoostCreep]

market is shifting faster than a lot of people thought. there are a few used Rs already in the 114k range . in about 6 months i predict you can get one in the low 100’s or upper 90’s. i negotiated a 23 with 5k miles from asking 132k down to 120k still could not commit as my 24 is 123k

Barring an unforeseen and substantial macroeconomic event, 23 Rs are absolutely not going to trade hands in the 90-100 range in 6 months. Not a chance.

 

[mchurch0211]

Barring an unforeseen and substantial macroeconomic event, 23 Rs are absolutely not going to trade hands in the 90-100 range in 6 months. Not a chance.

unfortunately already trending that way. 6 months ago you were lucky to find one below 130k no you can find them in the teens. add the 24 update to the equation https://www.fordhuntley.com/used-in...ium=referral&utm_campaign=autotrader_listings

just for ref

[VIDEO] C8 Corvette Prices Still Falling, but There May Be a Silver Lining - Corvette: Sales, News & Lifestyle

According to this market analysis of Corvettes sold online, both the C8 Stingray and Z06 saw double-digit declines in prices year over year. But for the Stingray there are signs the worst it behind us.

www.corvetteblogger.com

 

[BoostCreep]

unfortunately already trending that way. 6 months ago you were lucky to find one below 130k no you can find them in the teens. add the 24 update to the equation https://www.fordhuntley.com/used-in...ium=referral&utm_campaign=autotrader_listings

just for ref

[VIDEO] C8 Corvette Prices Still Falling, but There May Be a Silver Lining - Corvette: Sales, News & Lifestyle

According to this market analysis of Corvettes sold online, both the C8 Stingray and Z06 saw double-digit declines in prices year over year. But for the Stingray there are signs the worst it behind us.

www.corvetteblogger.com

I should have qualified my statement based on mileage, but that one has way more miles than the majority of 23s on the market right now. The ones that are 3-10k miles are all selling in the 120s. Double the mileage for 5-8 less seems normal.

The 23 Rs will always trade hands for less than 24 Rs of the same condition and mileage, but if you think 24 prices will stay high and 23s will plummet, that’s wrong. There’s just not going to be that big of a difference between the two.

 

[BahaBlastediam]

I should have qualified my statement based on mileage, but that one has way more miles than the majority of 23s on the market right now. The ones that are 3-10k miles are all selling in the 120s. Double the mileage for 5-8 less seems normal.

The 23 Rs will always trade hands for less than 24 Rs of the same condition and mileage, but if you think 24 prices will stay high and 23s will plummet, that’s wrong. There’s just not going to be that big of a difference between the two.

As long as there is a V6 35/37 package you will most likely not see many below 90k until you get the 60-70k+miles range ones. Most of us would spend 90k on a used R then a 80-90k on a new 35/37. Add in if ford stops the v8 again for a while they will just become more rare(as if one per dealership isn’t rare enough)

 

[vill]

unfortunately already trending that way. 6 months ago you were lucky to find one below 130k no you can find them in the teens. add the 24 update to the equation https://www.fordhuntley.com/used-in...ium=referral&utm_campaign=autotrader_listings

just for ref

[VIDEO] C8 Corvette Prices Still Falling, but There May Be a Silver Lining - Corvette: Sales, News & Lifestyle

According to this market analysis of Corvettes sold online, both the C8 Stingray and Z06 saw double-digit declines in prices year over year. But for the Stingray there are signs the worst it behind us.

www.corvetteblogger.com

a fully loaded 24 raptor with a 37 package will run you 95k - 97k. There’s no way a raptor r will hit that price range unless it has a bad carfax or high miles.

 

[mchurch0211]

This is all speculation and everyone has there own opinion. it like buying stock it can go either way but unfortunately vehicles are not investments they are depreciating assets.

 

[SSWIM]

This is all speculation and everyone has there own opinion. it like buying stock it can go either way but unfortunately vehicles are not investments they are depreciating assets.

You are 100% correct. But the R has somewhat defied cost logic. A year ago many speculated the bottom would fall out on them. Hasn't seemed to have happened. Used still going for over MSRP. Crazy market to say the least.

Sam

 

[Skai]

You are 100% correct. But the R has somewhat defied cost logic. A year ago many speculated the bottom would fall out on them. Hasn't seemed to have happened. Used still going for over MSRP. Crazy market to say the least.

Sam

This is the same thing that happened to 992 GT3, people said just wait a year or 2 and prices will drop, ect ect. Guess what? The GT3 still goes for 30-50k over MSRP depending on spec.

 

[BoostCreep]

The production numbers for the R are very low in terms of f150 production, and the demand is sky high. I’m not sure I see that changing since the R will likely sunset in 2025 or 2026.