Reselling my truck possibly

[Thefishlady]

I received my new Lightning on May 23rd, yes; it is an amazing truck but in the 2 years of waiting for it and finally getting it, I have had some life changes.
I am possibly considering selling it.
It is Stone gray, XLT with the spray-on liner and it only has 351 miles so far.
Is there a market?
I put $ 7,500.00 as a down payment and it is currently being financed by Ford.
Any ideas or suggestions?

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[RickLightning]

You can find the market via many websites that offer to buy your vehicles, and various bidding sites. You will likely lose money.

If you claim the tax credit, then you may be having a discussion with the IRS about that. You can't buy to resell, and they'll likely see the "flip".

You can offer to a buyer to takeover your Ford loan, if the rate is favorable. Ford Credit does that.
Otherwise, what you put down and what you owe is irrelevant to anyone, except you. They buy the truck, send the payoff balance to Ford Credit and you get the rest, if any is left.

 

[metroshot]

I received my new Lightning on May 23rd, yes; it is an amazing truck but in the 2 years of waiting for it and finally getting it, I have had some life changes.
I am possibly considering selling it.
It is Stone gray, XLT with the spray-on liner and it only has 351 miles so far.
Is there a market?
I put $ 7,500.00 as a down payment and it is currently being financed by Ford.
Any ideas or suggestions?

When I sold my '22 Lariat Lightning last week, I scoured the online sites and got some wild offers.
Carmax and Vroom were the worst.

Finally got a decent offer from DriveO in Torrance (Scott Robinson Honda) for $65,900.

When my MME showed up 14 months later, I was going to sell it DriveO but when my dealer asked about what offer I had received, they beat it by $1000.

Easy peasy - sold it the dealer at a higher price, had positive equity applied to the MME and got my MME at a great price & rate, plus I didn't have to shuttle between dealers.

Didn't lose any money - broke even after 1 year and 10,000 miles on the Lightning.

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