Tfear_Marathonus t1_j9p96el wrote on February 23, 2023 at 4:32 PM

Aren't car prices spiked, and have high interest rates on the loans? Isn't there a surplus of cars sitting on a lot waiting for cpus? Doesn't that mean there will be a huge price cut when the glut of vehicles get cpus?

the_real_some_guy t1_j9qp19z wrote on February 23, 2023 at 9:51 PM

There are only 3 heavy duty pickup manufacturers. They have all had problems. Ford has shorted the market a couple hundred thousand units the past couple years and it’s going to take a long time to make that up. Those trucks waiting for parts are mostly sold and are a small dent in pent up demand.

Tfear_Marathonus t1_j9qqi6d wrote on February 23, 2023 at 10:00 PM

Okay but how do you know they are mostly sold, sold to who? Customers or dealers? If it's dealers I would say it is still an issue, if it was direct customers yeah Okay. Most cars are bought on credit, are these people paying for cars they don't have, or maybe by the time they can get the vehicle they can no longer afford the loan because of the high interest?

the_real_some_guy t1_j9qtdvv wrote on February 23, 2023 at 10:18 PM

Sold is probably a bad word choice, claimed might be better. I waited over six months for my 2021 Super Duty. It sat in a parking lot waiting for parts for 4 months. I needed that truck and was calling around to dealers. Every truck was claimed before it hit the lot.

I now need a different truck and have been looking. Need an F350 dually? Expect to pay close to MSRP for one out of warranty. Also there are only about 20 listings nationwide.

I’m looking while traveling and there are more trucks on lots than there were at the start of Covid, but the market is still hot. It’s easier to get a truck than it was but only because dealers are still listing $10k over MSRP and the interest rates are high. Lots of truck owners need them for work. They can put off replacing them for a while, but not forever.