PandaBoi
Full Access Member
Haha i love all the comments saying that the 21 Raptors will be essentially "worthless" the minute 2022 rolls around. The new/used car shortage i would say hasnt even reached its peak yet, or its just about to. At least we are all ordering new cars and are not subject to the market that used cars are in right now. ADM doesnt even compared to that market and in my experience most raptors (pre covid) even had ADM unless it wasnt a build order.
Let me pose a personal example, I bought a lifted 2014 Jeep JKU (17,000 miles) for $35k (~$38 after tax) in the summer of 2016. In 2018 I got it appraised (28,000 miles) and they offered me $25k for it. Last weekend (in light of my upcoming raptor order) i sold it for $32k at 40,000 miles. Just think about that for a second, 23,000 miles and 5.5 years and it only depreciated $3,000. That was also just a jeep, have you seen the price of used raptors now and even before COVID?!?
The raptor (given it is a niche and performance vehicle) will not loose 1/4 of its value the minute the year turns like a f***ing Camry or Alitma. This isnt your average joe's vehicle and thus its incredibly silly to cancel your order in fear of depreciation. In fact, if you were to drive one off the lot at MSRP or low ADM, you would actually be able to make a profit off of selling it haha. In Dallas some dealers are charging $25k ADM which is why I went to Woodhouse in NE where they are only doing $5k ADM.
All I'm worried about with this production hold is salt, rust, and hail. It would be AMAZING if they put the trucks under big tents to protect them from the elements and i think it is within reach (not sure why they havent done this already), then i would feel a lot better. That being said, at least they go around and start/move the vehicles every week or so. It does seem like they are trying a little to keep up with the long term storage guidelines specified in their truck manuals so that is good.
I will take delivery of my raptor whenever it arrives, so long as there is no serious damage/issues like some have reported, and I will be happy as can be. Ford should still make a statement regarding the matter though as i havent heard anything from their PR dept.
Let me pose a personal example, I bought a lifted 2014 Jeep JKU (17,000 miles) for $35k (~$38 after tax) in the summer of 2016. In 2018 I got it appraised (28,000 miles) and they offered me $25k for it. Last weekend (in light of my upcoming raptor order) i sold it for $32k at 40,000 miles. Just think about that for a second, 23,000 miles and 5.5 years and it only depreciated $3,000. That was also just a jeep, have you seen the price of used raptors now and even before COVID?!?
The raptor (given it is a niche and performance vehicle) will not loose 1/4 of its value the minute the year turns like a f***ing Camry or Alitma. This isnt your average joe's vehicle and thus its incredibly silly to cancel your order in fear of depreciation. In fact, if you were to drive one off the lot at MSRP or low ADM, you would actually be able to make a profit off of selling it haha. In Dallas some dealers are charging $25k ADM which is why I went to Woodhouse in NE where they are only doing $5k ADM.
All I'm worried about with this production hold is salt, rust, and hail. It would be AMAZING if they put the trucks under big tents to protect them from the elements and i think it is within reach (not sure why they havent done this already), then i would feel a lot better. That being said, at least they go around and start/move the vehicles every week or so. It does seem like they are trying a little to keep up with the long term storage guidelines specified in their truck manuals so that is good.
I will take delivery of my raptor whenever it arrives, so long as there is no serious damage/issues like some have reported, and I will be happy as can be. Ford should still make a statement regarding the matter though as i havent heard anything from their PR dept.