Lots of 2023s available

Sunlessinseattle

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Frontier Ford in Anacortes, WA, has had a cyber orange used gtpe sitting on the lot for months.

Everett, WA, Hyundai is offering $500 off in-stock Ioniq 5's (no mark-up).

While we've (Everett) had three snow events, multiple wind events, an ice storm, and even flooding in the past month, the slowdown of sales cannot fully be blamed on weather. But the desire is there...people who have taken rides in ours love it but are either waiting to get more life out of their current vehicles or to see develoments in the EV world in the next couple of years.

Love our GT, but if had been delayed another week, we would have gone with the Ioniq (and saved a lot of money....and missed out on unbridled mode!).
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RickMachE

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I hate the dealership I bought from, with a white hot passion, but, I wouldn’t buy a MME with this landscape. 3750 tax credit if you are lucky, MSRP for an order when you wait for 8 months if you are lucky, no extended range, no thanks.
You are mistaken on the tax credit.
 

nvabill

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Interesting, I just went to their web page and most are 23's and all of them have ADM.
 


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Just because they are asking ADM does not mean you have to pay it. Most dealerships borrow money to purchase vehicles from the manufacturer. Them loans need to be repaid. I am sure if you come in and offer MSRP, they will sell it to you at MSRP.
 

RickMachE

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Just because they are asking ADM does not mean you have to pay it. Most dealerships borrow money to purchase vehicles from the manufacturer. Them loans need to be repaid. I am sure if you come in and offer MSRP, they will sell it to you at MSRP.
You're sure, huh? Ok, that's worth ...

While prices have been coming down, many dealers charging ADM laugh at the thought of a discount.

Just the other day, I asked a dealer selling a Lightning for $10K over if he would take A-Plan, and he laughed. He's about to get screwed on the tax credit.
 

gryphon

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Just because they are asking ADM does not mean you have to pay it. Most dealerships borrow money to purchase vehicles from the manufacturer. Them loans need to be repaid. I am sure if you come in and offer MSRP, they will sell it to you at MSRP.
Not where I live. The notorious ADM dealerships are sticking to their guns. Eventually they find people with more money than sense. It won’t last forever though, I think change is in the horizon.
 

mjs020294

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If the $7,500 tax credit no longer applies in addition to a higher MSRP and higher interest rates I would imagine there will be a lot of MMEs starting to sit in inventory in the near future. Especially when you factor in all the software bugs that still exist and the much lower than stated range in colder temps.

The falling used prices put me off the most. Our trade in was worth $34,000 in September, now the trade value is $28,000. What are 12 month old MMEs going to be worth in a year? For the last year there was zero risk but things are changing fast.
 
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Interesting, I just went to their web page and most are 23's and all of them have ADM.
I said they were 23s. Didn't look at pricing, just noting the inventory
 

mjs020294

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Just because they are asking ADM does not mean you have to pay it. Most dealerships borrow money to purchase vehicles from the manufacturer. Them loans need to be repaid. I am sure if you come in and offer MSRP, they will sell it to you at MSRP.
Things may have changed but when I worked in a dealership the invoice was payable once the car was sold or six months after delivery, which ever came first. There was always a push to shift the stock that was over five months old.
 
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heisnuts

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The falling used prices put me off the most. Our trade in was worth $34,000 in September, now the trade value is $28,000. What are 12 month old MMEs going to be worth in a year? For the last year there was zero risk but things are changing fast.
And that is another reason for the reduced demand.... There were a lot of people buying the MME to get the tax credit and then sell the car. They had no intention of keeping it even for a year. With the tax credit gone and used prices falling all of those people will be out of the market.
 
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DaveP

DaveP

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The falling used prices put me off the most. Our trade in was worth $34,000 in September, now the trade value is $28,000. What are 12 month old MMEs going to be worth in a year? For the last year there was zero risk but things are changing fast.
The falling used car market we knew was coming and had to drop. It was inflation and rate driven. It's normalizing to what it should be meaning we can't be comparing or making decisions based on what it was during the pandemic car market because that wasn't normal nor sustainable.
 
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DaveP

DaveP

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The falling used car market we knew was coming and had to drop. It was inflation and rate driven. It's normalizing to what it should be meaning we can't be comparing or making decisions based on what it was during the pandemic car market because that wasn't normal nor sustainable.
Also when have car values not dropped once you drive off the lot?
 
 




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