2023 Mark Ups have begun

[Hammered]

I think the car market is starting to crater. I wouldn't expect to see ADM for much longer. I'm starting to see local dealers advertise cars at MSRP.

It's been on the decline for months, that's what happens when gooberment money runs out after causing insane inflation. Remove fuel from the equation and my most commonly bought items are at least 50% more expensive than they were 18 months ago. The average household can't absorb such things. Repos have been taking off, lenders writing off their bad debt, carvana going under will see the market flooded with cars. The used market has already cooled about 12% YOY, most of which is the last few months. It's going to likely crater hard. The new normal is going to continue to break a lot of people.

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[yngwenli]

I see the local dealer here still has 10k ADM on Premiums. I don't really track the other models.

 

[Bodyshopguy]

Dealer I was in contact with emails to let me know they got a 2023 Premium in today. He didn’t specify if it’s extended range or not but did say I can have it for the low asking price of 69440.
Edit to add MSRP: 56275

My 2022 Mach E GT PE ... MSRP 72,495.00... They only gave me 2750.00 off MSRP but, I didn't overpay. I would suggest to anyone... just order it and wait... it was worth the 6 month wait.

 

[wkf94025]

I ordered my 2022 Mach E GT PE a year ago, with essentially the same MSRP as @Bodyshopguy. Paid $69k. What is MSRP on that configuration today?

 

[Hammered]

I ordered my 2022 Mach E GT PE a year ago, with essentially the same MSRP as @Bodyshopguy. Paid $69k. What is MSRP on that configuration today?

It's now $77,435 w/ the rubber mats. Basically no options for them now.
The base GTPE is $77,195, I always add rubber mats in muh fords.

 

[Shkval2]

I think it’s funny that in the last 2 years people have forgotten how to negotiate.

Asking price isn’t selling price.

That said, it’s December, and buying a car this month is worth $7500 more to many people than buying one next month. So if there is a car available now……. People should be willing to pay an ADM.

Not when the markup ($13k) is nearly twice the amount of the tax credit ($7.5k). I too got notified by the same dealer as the op of the arrival of this 2023. When I “negotiated” with them on a 2022 Premium in September the ADM was $10k and they added $3k in “dealer installed options” bs so the $13k markup the op reported is entirely believable. I took my business elsewhere….

 

[smcnair]

Just called san tan ford, they asked 64k for a select with tech package (48k MRSP). 54k with dealer adds-on (can not be removed) and then 10k ADM. The market is still crazy.

damn...I need to advertise mine out west...

 

[Ngkgb]

Things are changing. Friend just offered a 2023 Select for MSRP in SoCal.

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