I have a 2019 f150 XLT with the 2.7 Ecoboost.

I bought it with 200 miles for 32k and I now have 53,0000 miles on it and the dealer wants to give me $37,000.00

I have a reliable old car that I am thinking about driving while I wait for the chip shortage to turn around. I have heard grumblings of a chip manufacturer making chips specifically for f150 that should be ready in April.

Tempted to sell my truck and see if the chips show up in April and Ford starts offering incentives to get them off the lot.

At that point I am sure the used market will come way down and my F-150 should be worth around $24,000 again.

Locking in a huge profit now really sounds tempting but some think it might not be until 2023 that the chip shortage catches up.

I know no one has the real answer but what are everyone else's thoughts?

 

if it were me, with the money offered to you now....I'd take the deal...

 

If you got that offer for that truck and have a spare car to use, yeah no doubt take that offer. As once production kicks back up higher for everyone (not just Ford), values will tank down and there will be more incentives/haggling on orders/vehicle on dealer lots.

**** it's not even just cars, my neighbor sold their Everglades (boat) for way more than they paid 4 years ago (and that's already a $$$ boat). Just insane, I don't know where all this money came from where people are happily over paying on everything, our houses waterfront in our neighborhood good f'n lord. I could pocket almost another milly extra but where you going to go? Go to buy anything else is priced stupidly higher, and rent is almost non existant in South FL so can't even rent and wait it out (nevermind how assine rent is now). Only way is if you sold and moved to middle of nowhere Montana lol.

Boat market already coming down further and further, same will happen with cars and everything else

 

Montana is not cheap either...🤪

 

I like the old saying: " You are never going broke selling something for a profit." The economic outlook for things could change overnight for vehicle market and it might not be chip shortage!

 

Take the deal, your truck is never going to be worth more than that.

 

Take it. I just parted with my 2018 Sierra for $5k more than I paid for it. 502A on order now….

 

Take the profit on it. You probably won’t see to many trucks sitting in lots in the near future. Looks like everyone is having success with the ordering model. “Except the customers” but overall taking a profit on a used vehicle is always a big gain.

 

My 2020 F150 just got totaled by a guy who ran a red light. I'm trying to get a replacement truck right now but I'm not willing to pay the $15 to $20k mark up from what I paid a little over a year ago.

I think I'm going to buy a new little maverick truck and roll that for year or two and let the F150's come back down to reality.

The F150 is the number one selling vehicle in the US. When they start producing them in mass again prices are going to fall like a rock and they'll be tons of incentives.

Take the money and work your plan. This too shall pass.

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Long story short...take the money while you can get it. You will need it later when you can get a 2022.

As I mentioned on a previous post.... I bought a 2020 Super Crew XLT, 5.0L V-8, FX4, Max Tow, 20" wheels, etc. in December 2020, end of the model year close out, for $14K below sticker. Darn good deal so I thought at the time. Five months later, while at the dealer for first oil change, the sales manager approached me and offered way more ($8K) than I paid for it. I traded up for a 2021 Lariat Super Crew, 3.5 eco boost, FX4, 502A package, max tow, moon roof, 20" wheels, etc. and he actually gave me a discount off of sticker surprising enough(for the current market). This truck had just come in, was one of only three he got in May. I was darn lucky, deal fell into my lap so to speak. He had several prospective buyers for the 2020, he made money no doubt about it. I was completely shocked about what happened, never seen a market like this before. I Liked my 2020 a lot, I like my 2021 better.

I spoke with my sales manager last week (in again for a first oil change) and he told me that Ford is slowly working through the back log on F-150's, and are pushing new product entry stuff- Maverick, Lightning, and both Bronco's harder than F-150's. His best "guess" at availability for a new 2022 was 16 to 20 weeks, depending on options you want. Ford is still struggling with chip shortages and will be for most of 2022, from what he understands. Super Duty's (F250's) are even harder to get right now, at least locally.