DETROIT, Oct 18 - Reuters reported today that Ford will release a new, re-designed version of its popular F-150 Pickup Truck in 2008. Previously, they had only released plans of the new F-250, and F-350. "Ford also plans to launch a redesigned version of its flagship F-150 pickup in 2008." (Source).
In addition, GM plans to launch re-designs of the GMC Sierra and Chevrolet Silverado pickup trucks in 2008.
Price Analysis
Prices will drop overnight when this news spreads because car prices at the dealership are based on supply and demand. A lot of people want to wait for the newer model if they are planning a major purchase, especially if it is a re-design, to get the freshest look. While prices will drop almost overnight, you will see the biggest drops in the month ahead of the new release.
Current Overstock Alert: Trucks:
2006 Ford F-Series F-150
$2,500 CASH BACK
MSRP: $18,220 - $39,225
City 16 mpg Hwy 20 mpg
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2006 Chevrolet Avalanche
$6,000 CASH BACK
MSRP $33,910 - $38,320
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2006 Chevrolet Silverado 1500
$6,000 CASH BACK
MSRP : $15,840 - $34,810
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MSRP : $15,840 - $34,810
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2006 Ford Ranger
$2,000 CASH BACK
MSRP: $13,860 - $24,145
City 21 mpg Hwy 26 mpg
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