Are "Used" 2021 F-150's about to become a hot commodity?

[M4X]

Given the incoming "shortage" of trucks from the shutdown and chip shortage, is the resale value of recently purchased F-150's going to be higher than your typical depreciation or is the shortage not really going to affect anything?

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[UNIKRN150]

It's entirely possible that the 1st year of "gen14" could be worth something someday just because there may not be as many of them built.
But we're still losing $10K+/- when we drive them off the lot.

 

[M4X]

It's entirely possible that the 1st year of "gen14" could be worth something someday just because there may not be as many of them built.
But we're still losing $10K+/- when we drive them off the lot.

I've just always assumed it's 5% off the lot, and 10% in the first year (if you're lucky, but up to %15).


edit: Not saying my assumption is correct or even intelligent, it's just been my assumption. ?

 

[wayfarer556]

They will probably have a higher than normal value until 2023. The chip shortage won’t be going away anytime soon.

 

[UNIKRN150]

I've just always assumed it's 5% off the lot, and 10% in the first year (if you're lucky, but up to %15).


edit: Not saying my assumption is correct or even intelligent, it's just been my assumption. ?

It's the price we pay to be "the original owner".
And the 6 month wait is the price we're paying to get exactly what we want.

 

[Dan]

Well my 302A xlt sport fx4 poweeboost is up forsale, double the msrp lol ??. I'll order another one same as I got. I didn't mind the wait.

 

[ScottyR]

I am in the car business and some brand new 21 F150s went through Adesa Toronto a few weeks ago and sold for OVER MSRP. There is no question that they were destined for the USA. I will be selling my 21 F150 502A in 6 months if the market stays the same.

 

[M4X]

I just sold mine for 5k over what I paid. Gonna enjoy my superduty more and maybe get a higher trim model 22 or 23 f150 later on.

 

[jeffcrum]

My neighbor is being offered almost what he paid on his 2018 XLT sport 2WD including TTL (1k short).

He is currently playing givemethevin, carmax, and carvana against each other.

So, I say ... Yes!

 

[diesel97]

probably just storing them until they have parts

 

[RCR001]

I just ordered my 2nd 21 and when it comes in i was told i can get what i paid for it if the dollar exchange is still good and it gets shipped state side. Canadians have a huge advantage with this right now, dealers are soaking it up.

 

[150ish]

Could you imagine 20 years down the road someone selling an ultra rare low mileage 2021 F150 with a factory 3:73 gear, Carplay that constantly kicks you off and the rear axle with its factory rust still preserved

 

[Tang]

Given the incoming "shortage" of trucks from the shutdown and chip shortage, is the resale value of recently purchased F-150's going to be higher than your typical depreciation or is the shortage not really going to affect anything?

I gor email from Ford dealer earlier this year, $31,900 for my 2018 XLT is what they said top dollar. This morning they sent another email telling me my trade in vale was now top dollar at $33,500. Only one problem, I trade what am I going to drive, they have no inventory I am interested in. My 2021 XLT Sport 302A High is "supposed" to arrive dealership 06-01-2021, but I'll believe that when I see it.

 

[HSV_MIkeJ]

It's entirely possible that the 1st year of "gen14" could be worth something someday just because there may not be as many of them built.
But we're still losing $10K+/- when we drive them off the lot.

I know of two people that bought a new vehicle in 2020 drove it for a year, traded it in in 2021 and got more than they had paid for it on the trade in value.

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