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Used F-150 values skyrocketing, what's going on?

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Old 08-06-2020, 01:42 PM
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It's the rebound after the used market crashed a few months ago when lockdowns started. Went from a glut of used cars to not nearly enough. Dealers are making money sending vehicles back to auction because someone somewhere else is willing to pay more just to get that truck/suv on their lot.
Old 08-06-2020, 03:10 PM
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Originally Posted by Pioneer74
I checked mine earlier in the week on Carvana. Checked it again tonight, and it went up again. Pretty tempting.
Sure is. Maybe I ought to sell and take my chances on a first year 2021. I was planning to wait a year, but damn, my 110,000 mile truck isn't going to be worth this much again.

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Old 08-06-2020, 04:24 PM
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good god,

2017 FORD F150 SUPERCREW CAB
XLT Pickup 4D 5 1/2 ft
$36,451

That's just slightly less than my OTD amount over 3 years ago.
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Old 08-06-2020, 04:30 PM
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I’m thinking about also. I just sold a 19 model car and got 2k more that was offered in Dec last year. No payments on the truck. Looking around no deals really on the same truck. Do I want a 21 not sure.
Old 08-06-2020, 04:44 PM
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Originally Posted by SCrewYou
Sure is. Maybe I ought to sell and take my chances on a first year 2021. I was planning to wait a year, but damn, my 110,000 mile truck isn't going to be worth this much again.
I locked my offer in until next Thursday and have an appointment to talk to my salesperson on Monday morning. Wife wants more driver assist tech for when she's driving on the next truck and gave the blessing to my plan.

It's probably going to take me a full day to strip my upgrades off. lol

Old 08-06-2020, 04:56 PM
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It's more than the pandemic... cash for clunkers took a ****-ton of used vehicles out of circulation. Before CFC, you could easily find vehicles close to 100,000mi in reasonable condition starting at $2000. I was assisting my son in finding a vehicle last summer, $5000 would get you a questionable ride, you had to get to $7000 to start seeing reasonable condition vehicles.

Vehicle production shut down coupled with already low vehicle availability is what got us to where we are. The loss of low value used vehicles has driven up the price of all vehicles.
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Old 08-06-2020, 05:34 PM
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In looking for used I am finding dealers less willing to deal as well.
Old 08-06-2020, 05:55 PM
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Yep, dealer said he knows some guys with little buy here pay here lots that just closed up shop until this is over because they were having to pay retail and higher at auction for stock. Guess I should asked more than $5500 for my XJ.....
https://www.flickr.com/gp/12176273@N05/0fBYwo
Old 08-06-2020, 07:33 PM
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35k Private party for my 2015 XLT in excellent condition. 50k miles.. holy cow.

Local dealer sent one of those mailer offers for 31k as well.
Old 08-07-2020, 12:27 AM
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So is the consensus not to buy used at the moment? I want to start looking around but I was hoping that witht the 2021s coming out then that would drive prices down on the 19's


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