Selling My Raptor: Market Analysis and Farewell

TLDRIn this video, I discuss my decision to sell my Raptor and analyze the current state of the used vehicle market. I believe that prices will continue to drop, and I wanted to sell before the market gets worse. I was able to sell my Raptor for $80,000, losing about $1,500. I appreciate the driving feel of the 35-inch tires compared to the 37-inch ones. I also share that we have put our house up for sale and are hoping to move into our dream house in Wyoming.

Key insights

💸The used vehicle market is currently experiencing a significant decline, and prices are expected to drop further in 2024.

🚚I decided to sell my Raptor to take advantage of the current market conditions and avoid potential further loss in value.

📉Newer models of the Raptor are also being sold at a discount, with some dealers offering up to $5,500 off the MSRP.

🏠We have put our house up for sale and are hoping to move into our dream house in Wyoming.

🤔Although it was a short duration of ownership, I believe it was the right decision to sell the Raptor.

Q&A

Why did you decide to sell your Raptor?

I sold my Raptor because I believe that the used vehicle market is currently on a decline and prices will continue to drop in the near future.

Did you make a profit from selling your Raptor?

No, I actually lost about $1,500 after selling my Raptor. However, I believe that if I had kept it longer, I would have lost even more.

Are you planning to buy another Raptor in the future?

If the market conditions are right and the time feels appropriate, I may consider buying another Raptor in the future.

What color do you prefer for a Raptor?

My favorite color for a Raptor is Avalanche Gray or Shadow Black.

Are you planning to move to Wyoming?

Yes, we have put our house up for sale and are hoping to move into our dream house in Wyoming.

Timestamped Summary

00:00In this video, I discuss my decision to sell my Raptor and analyze the current state of the used vehicle market.

00:38I believe that the used vehicle market is currently experiencing a significant decline, and prices are expected to drop further in 2024.

01:48I decided to sell my Raptor to take advantage of the current market conditions and avoid potential further loss in value.

03:00Newer models of the Raptor are also being sold at a discount, with some dealers offering up to $5,500 off the MSRP.

05:01We have put our house up for sale and are hoping to move into our dream house in Wyoming.