Hearing rumblings of ADMs disappearing

[YFZero]

I've seen a one or two posts mentioning that some ADMs are being dropped from vehicles on lots, can anyone corroborate this? Curious if the market is finally starting to soften up a bit.

 

[Nex]

The 35 code orange I posted yesterday still has $15k ADM.

 

[GordoJay]

Higher interest rates do two things. There are fewer prospective buyers and dealer carrying cost goes up. Both tend to drive prices down

 

[AZxp]

Higher interest rates do two things. There are fewer prospective buyers and dealer carrying cost goes up. Both tend to drive prices down

This. Cannot be overstated. The only x factor is the low supply side given the parts shortages. If supply were fixed, adms would vanish overnight but they've been sticky due to the low supply

 

[YFZero]

No I definitely understand the mechanics behind ADM, I'm just curious if people have been observing Raptors on the market without ADMs.

 

[Raptorbert]

I would think it directly correlates with interest rates. 90 grand at 2% vs 8% is a big difference, ADM or not.

 

[cyrilk]

A dealer called me yesterday to say that they are willing to negotiate. Current ADM is 40k

 

[gdflynn1]

Lowest I have come across was just this morning. White '22 with $9k ADM..

 

[scpete24]

I believe it's not if but when the dealers come down or eliminate ADM. Market is definitely going to soften and I dont see interest rates going down anytime soon. If you can wait I would wait - It's only going to benefit you

 

[OEMPlus Raptor]

I would think it directly correlates with interest rates. 90 grand at 2% vs 8% is a big difference, ADM or not.

Yup! F that