Noticing the same thing. Guess that means my 2019 Limited should be holding its value a bit longerAmazing how low inventories are right now at my local dealerships...most would carry 20-30 1500s and one us closing in on 10 in stock
Noticing the same thing. Guess that means my 2019 Limited should be holding its value a bit longerAmazing how low inventories are right now at my local dealerships...most would carry 20-30 1500s and one us closing in on 10 in stock
One thing i wanted pass on to potential buyers. Go ahead now and sign up for penfed. It's five bucks and if you go with a new build, you need to have the promo ready when you order. It takes 60 days. In my case I just ordered, and the only way for me to get the additional 500 is if I go with the incentives at delivery. Just knock out the account and have it in your back pocket for when you're ready.
Yeah I started watching it drop in early Feb. Don't know if it's cyclical for the time of year or what.Amazing how low inventories are right now at my local dealerships...most would carry 20-30 1500s and one us closing in on 10 in stock
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.Amazing how low inventories are right now at my local dealerships...most would carry 20-30 1500s and one us closing in on 10 in stock
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...www.coxautoinc.com
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...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.
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,
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.www.barrons.com
Yep. Just rechecked my trade value, went up $800 from 5 days ago.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.
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...
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.Yep. Just rechecked my trade value, went up $800 from 5 days ago.
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,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.
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.
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.