Zondedo Posted November 24, 2021 Share Posted November 24, 2021 Have you guys checked prices for used MKZ‘s lately? I was surprised. In my area, several 2019 MKZ’s with the reserve II package Are listed for $40,000. Most have an average mileage of 25K. Quote Link to comment Share on other sites More sharing options...
leftoverture Posted November 25, 2021 Share Posted November 25, 2021 Yep. Prices are up for all used cars right now. They are up so much dealers are marking up new ones over list price, too. Quote Link to comment Share on other sites More sharing options...
drolds1 Posted November 25, 2021 Share Posted November 25, 2021 There's been reports of people paying over original MSRP for used Camrys. Quote Link to comment Share on other sites More sharing options...
leftoverture Posted November 27, 2021 Share Posted November 27, 2021 On 11/25/2021 at 3:04 PM, drolds1 said: There's been reports of people paying over original MSRP for used Camrys. Yes. This is happening on many late model, low mileage used vehicles in the low to mid price ranges. It is crazy. Quote Link to comment Share on other sites More sharing options...
17MKZ3.0TT Posted November 29, 2021 Share Posted November 29, 2021 What am I missing here, doesn't seem outrageous for a well-equipped 2019, under warranty. Quote Link to comment Share on other sites More sharing options...
Zondedo Posted November 30, 2021 Author Share Posted November 30, 2021 (edited) 20 hours ago, 17MKZ3.0TT said: What am I missing here, doesn't seem outrageous for a well-equipped 2019, under warranty. Maybe prices in your area are higher? I know they are in West Michigan. I buy cars out of state for that reason and because it’s stupid to buy an expensive car that’s been driven through the salt. Car dealers here are vampires and they will suck you dry. Just for reference I bought my certified 2019 MKZ about 19 months ago with 30K Miles. It is a 2.0 and is not AWD by my choosing. It has the luxury package and every other imaginable option available. I paid 28K plus taxes. Three examples of that same car are being sold in my area for over $40,000. I bought mine in Missouri. Edited November 30, 2021 by Zondedo Quote Link to comment Share on other sites More sharing options...
17MKZ3.0TT Posted December 1, 2021 Share Posted December 1, 2021 5 hours ago, Zondedo said: Maybe prices in your area are higher? I know they are in West Michigan. I buy cars out of state for that reason and because it’s stupid to buy an expensive car that’s been driven through the salt. Car dealers here are vampires and they will suck you dry. Just for reference I bought my certified 2019 MKZ about 19 months ago with 30K Miles. It is a 2.0 and is not AWD by my choosing. It has the luxury package and every other imaginable option available. I paid 28K plus taxes. Three examples of that same car are being sold in my area for over $40,000. I bought mine in Missouri. I'm across the pond to the west and , yeah, seems high around you, but I'm maybe in between your mkt and MO. A lot depends on various local economies, also, right now. Maybe money was tighter where you bought. Quote Link to comment Share on other sites More sharing options...
leftoverture Posted December 1, 2021 Share Posted December 1, 2021 I bought my 2018 2.0 AWD Reserve, very well equipped with 23k miles in July for under $26k. Right now it has 29k miles and KBB trade in value is $29.5k. Seriously. I can sell it wholesale and make money. If you know anything about the car business, you know how crazy that is. There has never been a time like this before. Ever. Zondedo and 17MKZ3.0TT 2 Quote Link to comment Share on other sites More sharing options...
Chris109 Posted December 3, 2021 Share Posted December 3, 2021 Dealer offered me $23k for my 2017 Reserve hybrid. I owe $13k. Doesn't mean much if the price of a new/used vehicle is $10k above normal. Quote Link to comment Share on other sites More sharing options...
drolds1 Posted December 4, 2021 Share Posted December 4, 2021 7 hours ago, Chris109 said: Dealer offered me $23k for my 2017 Reserve hybrid. I owe $13k. Doesn't mean much if the price of a new/used vehicle is $10k above normal. That's like home prices now. I could sell my house in 1 day for an absurdly high amount, but then I'd need to buy something else at an equally absurd price. Zondedo 1 Quote Link to comment Share on other sites More sharing options...
leftoverture Posted December 5, 2021 Share Posted December 5, 2021 Actually, for the prudent shopper there are still deals out there. The other strange thing going on is that many dealers have no one shopping at them. So there are used cars sitting on lots unsold. Quote Link to comment Share on other sites More sharing options...
Chris109 Posted December 7, 2021 Share Posted December 7, 2021 On 12/4/2021 at 8:17 PM, leftoverture said: Actually, for the prudent shopper there are still deals out there. The other strange thing going on is that many dealers have no one shopping at them. So there are used cars sitting on lots unsold. Not where I go. Lincoln/Hyundai dealer has an upper lot that held about 200 cars. It now only has a row of 15 that face the road. Quote Link to comment Share on other sites More sharing options...
Chris109 Posted December 8, 2021 Share Posted December 8, 2021 On 12/3/2021 at 8:48 PM, drolds1 said: That's like home prices now. I could sell my house in 1 day for an absurdly high amount, but then I'd need to buy something else at an equally absurd price. You will own NOTHING and be happy. leftoverture 1 Quote Link to comment Share on other sites More sharing options...
leftoverture Posted December 8, 2021 Share Posted December 8, 2021 20 hours ago, Chris109 said: Not where I go. Lincoln/Hyundai dealer has an upper lot that held about 200 cars. It now only has a row of 15 that face the road. Yes, same in this area. Some dealers have cars and shoppers and some not so much. But using a site like Car Gurus, you can see inventory age and price drops, and you can find relative bargains. Chris109 1 Quote Link to comment Share on other sites More sharing options...
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