Am I crazy or is this the worst time ever to buy a vehicle?

[jutes]

Shoot me if I get desperate for a 10 year old CRV.

[BavarianBeast]

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New luxury tax delayed till spring budget.

I took a gamble on this and it sounds like it’s going to work out for me!

[killramos]

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I took a gamble on this and it sounds like it’s going to work out for me!

When’s your delivery?

Need to live vicariously through someone.

[rage2]

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18-25K
Price it high, you might get some desperate bites.

That strategy worked well for me. Priced it highest of all competing cars, ignored all the low ballers, and 2 months later got asking. The wagon, the dealer offered trade in that almost matched my best offer (< $1000 difference after tax credit) so I just traded it in instead for even less hassles. I wasn't in a rush to sell, almost think I could've asked more and waited longer instead of leaving me carless right now.

[BavarianBeast]

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When’s your delivery?

Need to live vicariously through someone.

End of March, hopefully. Fingers crossed!

[jaylo]

So the money I make by selling at an inflated price, I would end up losing by buying another used vehicle that also has an inflated price.

Quite a hassle unless it's a lease expiring or a highly sought-after vehicle you are putting on the market.

[rage2]

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So the money I make by selling at an inflated price, I would end up losing by buying another used vehicle that also has an inflated price.

Quite a hassle unless it's a lease expiring or a highly sought-after vehicle you are putting on the market.

I only put the vehicle on the market after I confirmed a new vehicle at msrp or lower. It’s the delays that got me.

[ThePenIsMightier]

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So the money I make by selling at an inflated price, I would end up losing by buying another used vehicle that also has an inflated price.

Quite a hassle unless it's a lease expiring or a highly sought-after vehicle you are putting on the market.

How are people able to connect these dots with vehicles, but not with real estate that costs 10x more?

[killramos]

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How are people able to connect these dots with vehicles, but not with real estate that costs 10x more?

Because buying real estate gets you RICH

[ExtraSlow]

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How are people able to connect these dots with vehicles, but not with real estate that costs 10x more?

you shut your whore mouth now is the best time to buy!

[rage2]

Current situation with some data. The G63 numbers are well known bonkers.

https://abcnews.go.com/Business/cont...ry?id=82489039

[killramos]

G63 orders are pushed well into 2024 right now.

Can you pre sell an entire generation of vehicles? Hahha

[ExtraSlow]

Airbus and Boeing do it.

[pheoxs]

People were flipping Tesla reservations. I wonder how long (or is there already) until a grey market pops up for Rav4 pre-orders or G63's. Gotta imagine paying msrp for a factory order vs 40k dealer markup has some value to buyers.

[you&me]

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People were flipping Tesla reservations. I wonder how long (or is there already) until a grey market pops up for Rav4 pre-orders or G63's. Gotta imagine paying msrp for a factory order vs 40k dealer markup has some value to buyers.

Allocation flipping at the high end of the market is as old as the high end market... It's far less common at more modest price points, but not unheard of - people were paying stupid premiums for PT Cruisers when they first launched

Edit - fear not, Killy - MBUSA is cracking down on blatant flippers and the premium has dropped by about half in the last 6 weeks. Still bananas, but moving in the right direction I suppose. (And yes, that's in the US, but let's not pretend like Canada has its own, sustainable market, when it comes to stuff like this).

[killramos]

G market is nutso. Very depressing.

Hopefully it normalizes as they are a dream car of mine.

[ThePenIsMightier]

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G market is nutso. Very depressing.

Hopefully it normalizes as they are a dream car of mine.

Killy is Persian?¿!??!

[ExtraSlow]

[killramos]

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Killy is Persian?¿!??!

Actually I’m a waspy middle aged white woman. Keep up.

[Buster]

Killy is Mexican. I thought everyone knew this.