towpro wrote:
a month ago I ordered a new truck, it will take around 15 weeks to get it.
I traded in a vehicle as a deposit on the new truck. They offered me more than I paid for the trade but could not guarantee that offer because who knows what the market will be like in 15 weeks when the truck comes in. That trade value might go down $2-3K in value. So since I have something else to drive in mean time, I went for it.
Really this deal helped them out as well because I supplied inventory when the lot is empty. They already sold my trade and I have not received my new truck.
Same thing I just did. I currently have a 2020 Ram Laramie Cummins, I ordered a 2022 Ram Laramie Cummins, which should show up in 10 weeks. The dealer said my trade is worth $3000 more than I paid for it new 1 1/2 years ago. My choice - sell it to them now for the appraised value, or trade it in when the new one comes in at the appraised value at that time. I need the truck day to day, so I'll trade it in when the new one comes in and keep my fingers crossed this used truck pricing insanity keeps going.