Noticing the same thing. Guess that means my 2019 Limited should be holding its value a bit longer
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Price negotiated from MSRP
- Thread starter Jared B
- Start date
I’m in the same boat. Wishing I would have applied for Penfed at the beginning of the year. Now trying to decide if I care to order without it and potentially benefit if rebates/incentives are better at time of delivery. As ToopaCent said, highly recommend others sign up now.
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AdamChandler
Ram Guru
Everyone's financial situation is different BUT I put everything on credit cards in order to maximize points. Had I known about RAM Card, I would have signed up in November and by now would have charged the $7500 required to it to get $1000 back in a cert that can be applied to the purchase of a RAM. If you're waiting for 2021s or you can charge $7500 to it ASAP, you could get your $1000 cert before the truck you ordered arrives.
I wish the cert worked so that you could put the down payment on the card and get an instant $1000 off then just pay it off but it doesn't work that way
www.firstbankcard.com
In addition, sign up for Tread Lightly + PenFed now. I also just put in $5.
I used the time I was waiting for my Tread lightly & pen fed to activate to shop around for the best price
I wish the cert worked so that you could put the down payment on the card and get an instant $1000 off then just pay it off but it doesn't work that way
Ram Rewards Mastercard
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In addition, sign up for Tread Lightly + PenFed now. I also just put in $5.
I used the time I was waiting for my Tread lightly & pen fed to activate to shop around for the best price
Yeah I started watching it drop in early Feb. Don't know if it's cyclical for the time of year or what.
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Eldodroptop
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If you happen to watch the ChevyDude on YouTube, he said in a video that his normal stock of Silverados is around 300 units, he currently has 9 on the ground. His normal discount on Silverados with rebates would be around $15,000, currently he is selling at MSRP.
Silent Bob
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Chip Shortage Still No Major Disruptor of Inventory
Thursday March 4, 2021
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data.
In the U.S., about 30 models are affected by the chip shortage based on AutoForecast Solutions’ analysis of plants that have experienced production cuts due to the shortage.
It seems likely that the major automakers have thus far managed to strategically allocate chips to maintain the production of more popular, and profitable, vehicles. The most affected vehicles – where production has slowed or halted – have higher days’ supply than those not affected by the shortage, where production continues. Of that supply, most of the affected models have a bigger share of leftover 2020 models than do those not affected. By having an average price tag lower than the industry average of $40,000, the affected models generate lower revenues and lower profit margins than those not affected.
Specifically affected vehicles have around 1.06 million vehicles in inventory for an 86 days’ supply, according to the Cox Automotive analysis. Models not affected have 1.72 million vehicles in inventory for a 72 days’ supply. Cox Automotive calculates days’ supply based on the daily sales rate for the most recent 30-day period.
www.coxautoinc.com
Thursday March 4, 2021
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data.
In the U.S., about 30 models are affected by the chip shortage based on AutoForecast Solutions’ analysis of plants that have experienced production cuts due to the shortage.
It seems likely that the major automakers have thus far managed to strategically allocate chips to maintain the production of more popular, and profitable, vehicles. The most affected vehicles – where production has slowed or halted – have higher days’ supply than those not affected by the shortage, where production continues. Of that supply, most of the affected models have a bigger share of leftover 2020 models than do those not affected. By having an average price tag lower than the industry average of $40,000, the affected models generate lower revenues and lower profit margins than those not affected.
Specifically affected vehicles have around 1.06 million vehicles in inventory for an 86 days’ supply, according to the Cox Automotive analysis. Models not affected have 1.72 million vehicles in inventory for a 72 days’ supply. Cox Automotive calculates days’ supply based on the daily sales rate for the most recent 30-day period.
Chip Shortage Still No Major Disruptor of Inventory - Cox Automotive Inc.
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data. In the U.S., about 30 models are affected by the chip...
www.coxautoinc.com
Silent Bob
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New-Vehicle Inventory and Prices Climb in February
Thursday March 11, 2021
New-vehicle inventory climbed through February due to slower sales caused by winter storms, but it remains lower than year-ago levels as prices keep rising, according to a Cox Automotive analysis of vAuto Available Inventory data.
The total U.S. supply of available unsold new vehicles stood at 2.82 million as February closed. It was the highest inventory so far this year and up from 2.79 million near the end of January. Still, inventory remains well below year-ago levels when 3.41 million vehicles were available in the comparable time period.
The days’ supply near the end of February stood at 78, compared with 66 at the end of January and 101 a year ago. Inventory of new luxury vehicles had a 79 days’ supply; non-luxury was at 78.
“Despite increases, new-vehicle inventory is still 17% lower than it was a year ago,” said Charlie Chesbrough, Cox Automotive senior economist. “Days’ supply has been creeping higher since Christmas, as vehicle supply rose, and the sales pace slowed. Still, days’ supply is 22% lower than the same time a year ago.”
The Cox Automotive days’ supply is based on the daily sales rate for the most recent 30-day period. February sales were weak due to severe winter storms across a wide swathe of the country, hitting Texas particularly hard. Texas typically accounts for 9% of all February sales.
“With inventory still relatively low, prices remained high in February, running about 6% above year-ago levels,” Chesbrough said. As February closed, the average list price was $40,178, compared with $40,474 at the end of January. The average list price hit bottom last year in March at $37,211. It peaked the week of Jan. 4 at $40,994.
www.coxautoinc.com
Thursday March 11, 2021
New-vehicle inventory climbed through February due to slower sales caused by winter storms, but it remains lower than year-ago levels as prices keep rising, according to a Cox Automotive analysis of vAuto Available Inventory data.
The total U.S. supply of available unsold new vehicles stood at 2.82 million as February closed. It was the highest inventory so far this year and up from 2.79 million near the end of January. Still, inventory remains well below year-ago levels when 3.41 million vehicles were available in the comparable time period.
The days’ supply near the end of February stood at 78, compared with 66 at the end of January and 101 a year ago. Inventory of new luxury vehicles had a 79 days’ supply; non-luxury was at 78.
“Despite increases, new-vehicle inventory is still 17% lower than it was a year ago,” said Charlie Chesbrough, Cox Automotive senior economist. “Days’ supply has been creeping higher since Christmas, as vehicle supply rose, and the sales pace slowed. Still, days’ supply is 22% lower than the same time a year ago.”
The Cox Automotive days’ supply is based on the daily sales rate for the most recent 30-day period. February sales were weak due to severe winter storms across a wide swathe of the country, hitting Texas particularly hard. Texas typically accounts for 9% of all February sales.
“With inventory still relatively low, prices remained high in February, running about 6% above year-ago levels,” Chesbrough said. As February closed, the average list price was $40,178, compared with $40,474 at the end of January. The average list price hit bottom last year in March at $37,211. It peaked the week of Jan. 4 at $40,994.
New-Vehicle Inventory and Prices Climb in February - Cox Automotive Inc.
New-vehicle inventory climbed through February due to slower sales caused by winter storms, but it remains lower than year-ago levels as prices keep rising, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.82M Total Inventory 78 Days’ Supply $40,178 Average List Price...
www.coxautoinc.com
Willwork4truck
Spends too much time on here
I just posted a thread that is opposite to this information dated today.Chip Shortage Still No Major Disruptor of Inventory
Thursday March 4, 2021
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data.
In the U.S., about 30 models are affected by the chip shortage based on AutoForecast Solutions’ analysis of plants that have experienced production cuts due to the shortage.
It seems likely that the major automakers have thus far managed to strategically allocate chips to maintain the production of more popular, and profitable, vehicles. The most affected vehicles – where production has slowed or halted – have higher days’ supply than those not affected by the shortage, where production continues. Of that supply, most of the affected models have a bigger share of leftover 2020 models than do those not affected. By having an average price tag lower than the industry average of $40,000, the affected models generate lower revenues and lower profit margins than those not affected.
Specifically affected vehicles have around 1.06 million vehicles in inventory for an 86 days’ supply, according to the Cox Automotive analysis. Models not affected have 1.72 million vehicles in inventory for a 72 days’ supply. Cox Automotive calculates days’ supply based on the daily sales rate for the most recent 30-day period.
Chip Shortage Still No Major Disruptor of Inventory - Cox Automotive Inc.
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data. In the U.S., about 30 models are affected by the chip...
Willwork4truck
Spends too much time on here
My newest thread for today is a posting about the effect of the chip shortage, it is reported that Ford has closed a full shift in their SUV and Super Duty plant and they are currently assembling the trucks without the needed chips and parking them off to one side. That will be an interesting way to then have to fit the chips back in...
Supervisor - "Hey Fred, grab a handful of these chips and install em'"
Fred - "Uhh, never done that, I put bumpers on but I'll give it a try"
1 month passes by...
Ford Accounting Office for Warranty Work - "What the hell is going on with these invoices for chip redos?"
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Troutbeck27
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Anyone know someone by the name Brett Puleio with the West Region of FCA Fiat Chrysler? He is telling my dealer that can’t lock in incentives pre arrival,
Silent Bob
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Chip Shortage Hits Ford and Other Auto Makers. Investors Don’t Have to Panic Just Yet.
March 20, 2021 2:38 pm ET
On Saturday, Reuters reported that Stellantis would partially build Dodge Ram pickup trucks and finish them later when chips became available. That wasn’t the only update detailing semiconductor pain. Ford said the same thing about its F-150 trucks on Friday. Ford’s news release says trucks are rolling off assemble lines without “some electronic modules that contain scarce semiconductors.” The trucks go to dealers after parts arrive and the trucks have been checked out.
Ford also announced plant downtime in the U.S. and Germany. Earlier in March, GM announced similar measures at some of its plants.
The shortage is adding billions of dollars in costs and is reducing output, but here’s the thing: All the auto companies said this is what would happen at the start of the year.
GM called the chip shortage a billion-dollar headwind to 2021 operating profit. Ford estimated the chip shortage would hit 2021 operating profit by $1 billion to $2.5 billion. Events of the past few weeks are just the tangible evidence of what investors were warned about a while back.
Investors, for now, believe the shortage will pass. Ford, GM, and Stellantis shares are up about 46%, 44%, and 22% year to date, respectively, far better than comparable gains of the S&P 500 and Dow Jones Industrial Average.
Investors believe it will pass because the semiconductor industry is working on it. Chip giant Taiwan Semiconductor Manufacturing (TSM), for instance, called resolving the automotive chip shortage a “top priority” on its fourth-quarter earnings conference call in January.
www.barrons.com
March 20, 2021 2:38 pm ET
On Saturday, Reuters reported that Stellantis would partially build Dodge Ram pickup trucks and finish them later when chips became available. That wasn’t the only update detailing semiconductor pain. Ford said the same thing about its F-150 trucks on Friday. Ford’s news release says trucks are rolling off assemble lines without “some electronic modules that contain scarce semiconductors.” The trucks go to dealers after parts arrive and the trucks have been checked out.
Ford also announced plant downtime in the U.S. and Germany. Earlier in March, GM announced similar measures at some of its plants.
The shortage is adding billions of dollars in costs and is reducing output, but here’s the thing: All the auto companies said this is what would happen at the start of the year.
GM called the chip shortage a billion-dollar headwind to 2021 operating profit. Ford estimated the chip shortage would hit 2021 operating profit by $1 billion to $2.5 billion. Events of the past few weeks are just the tangible evidence of what investors were warned about a while back.
Investors, for now, believe the shortage will pass. Ford, GM, and Stellantis shares are up about 46%, 44%, and 22% year to date, respectively, far better than comparable gains of the S&P 500 and Dow Jones Industrial Average.
Investors believe it will pass because the semiconductor industry is working on it. Chip giant Taiwan Semiconductor Manufacturing (TSM), for instance, called resolving the automotive chip shortage a “top priority” on its fourth-quarter earnings conference call in January.
Chip Shortage Hits Ford and Others. Investors Don't Have to Panic Yet.
Ford is reducing production. Stellantis, formerly Fiat Chrysler, is building trucks with missing parts. General Motors isn't at full capacity. That's exactly what U.S. investors should expect right about now.
www.barrons.com
If it's a sold order you can lock in rates. don't let them tell you differently.
Troutbeck27
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I want to have some ammo on this by referencing other dealerships that are doing this so if need be, I can call there bluff. Anyone willing to share the dealership you worked with?
the build sheet has sold to dealership and my name sold to at the bottom.
the build sheet has sold to dealership and my name sold to at the bottom.
Eldodroptop
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Just spoke with Aaron at Mark CDJR, in our conversation the current market came up. His on the ground inventory is basically zilch, every inbound unit for dealer stock is sold before it comes off the transport truck. The effects of the real shortage has sent the used wholesale market to beyond the moon.Chip Shortage Hits Ford and Other Auto Makers. Investors Don’t Have to Panic Just Yet.
March 20, 2021 2:38 pm ET
On Saturday, Reuters reported that Stellantis would partially build Dodge Ram pickup trucks and finish them later when chips became available. That wasn’t the only update detailing semiconductor pain. Ford said the same thing about its F-150 trucks on Friday. Ford’s news release says trucks are rolling off assemble lines without “some electronic modules that contain scarce semiconductors.” The trucks go to dealers after parts arrive and the trucks have been checked out.
Ford also announced plant downtime in the U.S. and Germany. Earlier in March, GM announced similar measures at some of its plants.
The shortage is adding billions of dollars in costs and is reducing output, but here’s the thing: All the auto companies said this is what would happen at the start of the year.
GM called the chip shortage a billion-dollar headwind to 2021 operating profit. Ford estimated the chip shortage would hit 2021 operating profit by $1 billion to $2.5 billion. Events of the past few weeks are just the tangible evidence of what investors were warned about a while back.
Investors, for now, believe the shortage will pass. Ford, GM, and Stellantis shares are up about 46%, 44%, and 22% year to date, respectively, far better than comparable gains of the S&P 500 and Dow Jones Industrial Average.
Investors believe it will pass because the semiconductor industry is working on it. Chip giant Taiwan Semiconductor Manufacturing (TSM), for instance, called resolving the automotive chip shortage a “top priority” on its fourth-quarter earnings conference call in January.
Chip Shortage Hits Ford and Others. Investors Don't Have to Panic Yet.
Ford is reducing production. Stellantis, formerly Fiat Chrysler, is building trucks with missing parts. General Motors isn't at full capacity. That's exactly what U.S. investors should expect right about now.
My Nephew just sold his truck to Carvana, I asked Aaron to quote me a wholesale number (2011 F150 crew FX4, sunroof, leather, ecoboost, 175,000 miles) Aaron said $11,000. I then told Aaron the kicker, the truck runs but has bad timing chain guides and the check engine lights associated with it, Aaron laughed and said the Truck is worth $4-5K.
Carvana just cut my Nephew a check for $10,250...
Yep. Just rechecked my trade value, went up $800 from 5 days ago.
Eldodroptop
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It’s absolutely insane. If ANYONE has a vehicle that they are thinking of getting rid of, for any reason, do it NOW. This is a true bubble in the wholesale market, when it pops, there is going to be hell to pay for the franchise and independent dealerships left holding the bag.
Eldodroptop
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Did you already order? If so, you may be out of luck. Sold order protection (that is the proper term for the program) is applicable only at the time of order. Check with Ram customer service,
Answer
We have advisors available by phone or chat on Monday-Friday, 7 a.m. - 11 p.m., and Saturday, 9 a.m. - 5 p.m.
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| 866-726-4636 | Ram Customer Care PO Box 21-8004 Auburn Hills MI 48321-8004 |
Troutbeck27
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Well since I didn’t have to come up with a down payment they can have the truck. Salesman should know what they are selling and best service their customers. I am in sales and that is how I operate, do the right thing.Did you already order? If so, you may be out of luck. Sold order protection (that is the proper term for the program) is applicable only at the time of order. Check with Ram customer service,
Answer
We have advisors available by phone or chat on Monday-Friday, 7 a.m. - 11 p.m., and Saturday, 9 a.m. - 5 p.m.
866-726-4636 Ram Customer Care
PO Box 21-8004
Auburn Hills MI 48321-8004
I will order from someone else. Maybe by then I can get the Blindspot Monitor and Cross Traffic Alert that was supposed to be a Laramie option.
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That won't be anytime soon. The circuit board shortage isn't going to stop anytime in the next 6 months and they probably won't bring that stuff back on the Laramie there is a steady flow of boards. My guess is early next year we will be back to some normalcy.
Troutbeck27
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I can wait, their loss.
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