mobile-menu-icon
Ford Authority
Sponsored

Ford Bronco Among Top 20 Fastest Selling Used Cars In January

Sponsored

The Ford Bronco remains a hot commodity months after its initial launch, with many day one reservation holders still waiting to take delivery of their SUVs while dealer inventory is turning in a swift seven days. A number of supply chain constraints – including the chip shortage and hardtop issues – continue to limit production, which has a long way to go to catch up with demand. Thus, it should come as no surprise that the Ford Bronco was one of the fastest-selling vehicles in January – albeit in the used vehicle category, according to data from iSeeCars.

It may seem unusual for the Ford Bronco – which is barely a year old – to make the cut as the 17th fastest-selling used vehicle in the U.S., but there are a few good reasons for this. For starters, some dealers have been moving new Bronco inventory to used vehicle lots as a way to avoid Ford’s ire in regards to marking up those vehicles. Many owners are also taking advantage of the fact that even used Broncos are selling for considerably more than MSRP and making a quick buck, too.

Thus, the Ford Bronco took, on average, 30.1 days to sell in January at a lofty average transaction price of $73,573. This trend doesn’t seem likely to change, either, as Ford struggles to build enough Broncos to satisfy demand. In fact, hardtop woes continue to plague production, as Ford Authority recently reported, while other supply-constrained features include everything from paint protection film to the Towing Capability package.

Meanwhile, many Bronco buyers are paying cash and purchasing the SUV as a second vehicle – not a primary mode of transportation, which is helping to fuel markups and lofty used prices. Making matters worse, Ford’s current allocation formula favors larger dealers in major markets, which has left many rural dealers struggling to fill orders from early reservation holders and gives off-the-street customers the chance to buy one without having to wait – for a price, of course.

We’ll have more on the Bronco soon, so be sure and subscribe to Ford Authority for more Ford Bronco news and non-stop Ford news coverage.

Sponsored

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

Sponsored

Comments

  1. Steve

    Listen I’m not a conspiracy nut but I have to wonder. I see these Bronco’s in dealer inventory. I have mine on order, since Oct. 2020. I find it very suspicious that the dealers are receiving these Broncos but I’m still waiting. One might wonder why I’m still waiting. You think it might have something to do with price? No Ford wouldn’t do that. My Bronco would not sell for 55 grand. Dealers would be able to sell it for 65 grand. I see 10,000 reasons why I haven’t received mine. Just saying, looks mighty fishy to me.

    Reply
    1. Wanted33

      I get it Steve. I’m an October ’20 reservation at a smaller rural dealer. The new allocation formula screwed me also. I’ve never had to fight so hard for a company to take my money. It’s like Ford doesn’t care about it’s end customers as long as they can make the mega dealers happy. Yes, the same dealers that are sticking a stupid high market adjustment on their Broncos get the most Broncos. Make one wonder, doesn’t it?

      Reply

Leave a comment

Cancel
Sponsored