I’m not sure what to do. Was notified by Ford that I can convert my lightning reservation to an order immediately with anticipated delivery of spring 2023. I was a very early preorder for the lightning. I would much prefer a Rivian, preorder placed 2/2021 but haven’t had any recent update on delivery timing. I don’t have a whole lot of interest in buying the lightning and reselling it but it also seems like a missed opportunity to just give up the reservation. What would you do?
Better confirm with the dealer you plan on ordering with. Many of the dealers around my store are still whacking people on these cars even as orders. The Ford store next to me is $10,000 over on their “Best Price is on the window” ordering for Lightnings. They aren’t anything special from a performance standpoint. I mean, other than payload and size, the R1T beats it in about every category.
If you did try to resale, understand the market is cooling off significantly. We went from selling almost 200 cars a month at a smaller store to 140 in about 3 months. Used car prices have dropped about 20% and auctions aren’t brining the dumb money anymore. Carmax, Carvana and Vroom are no longer buying deep like they had been.