TRUCKS

3 Reasons to Wait Before Buying a Ford Maverick

Interested in buying a new Accord, like, in 2023? There are several important reasons to wait to make this purchase. The ultra-fuel-efficient Maverick is attractive for many reasons. However, it might be best to wait as it is not the best time to make this purchase. Here are three reasons to wait before buying a compact van.

1. Compact Truck Market and Availability

2023 Ford Maverick Hybrid | stronghold

We recommend waiting before purchasing due to current market and availability. You probably already know the story if you’re interested in the popular compact truck. However, if you are not familiar with the matter, it is very difficult to buy Maverick now. Since it went on sale a few years ago, buyers have been bringing in the cheapest Ford truck before most people have even caught sight of it.

. As a result, the people who ordered the model year 2022 Maverick haven’t gotten it yet. Many of those reservations were carried over to the 2023 model year car instead. Fortunately, production of most latecomers is improving due to the lack of microchips. As a result, we expect the next year, or longer, to yield much better results. This is why it is best to wait before buying until production improves and demand decreases.

2. New compact truck models are on the way

The Ram 1500 is one of the best fuel-mileage pickup trucks of 2023
2023 Ram 1500 | RAM

Although the midsize truck segment features many models, the compact van segment lacks options. Only the 2023 Ford Maverick and 2023 Hyundai Santa Cruz compact are considered. Other competitors are larger in size and therefore have a higher starting price. However, with the success of the Maverick and Santa Cruz since their launch, other automakers have taken notice.

In the coming years, it’s rumored that we’ll see at least two new entry-level compact vans. One of them is the RAV4 pickup truck. As an insanely popular compact SUV, the RAV4 platform that converts into a pickup truck is Toyota’s perfect choice. Instead, it’s also rumored that we’ll get a Ram pickup truck. Perhaps using the old name, it’s likely to be a small version of the Ram 1500, looking to compete in the compact truck segment.

With these new models entering this segment, it’s best to wait before buying a Ford model. Not only can these competitors be better for you, but they can force the automaker to improve the Maverick to keep it ahead of the competition.

3. Used models are not widely available

A white 2023 Ford Maverick Tremor parked near mounds of dirt plowed on a work site
2023 Ford Maverick Tremor | Ford Motor Company
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The last reason to wait before buying a Ford Maverick is because it will get easier over time to buy a car. For many, new cars are simply out of the budget. Buying a completely new model seems ridiculous even to some who can afford that kind of money. Why not find a gently used copy that costs $10,000 or less? This practice has been around for many years but is not yet possible with the Ford compact van.

The 2023 Ford Maverick hasn’t been around long enough that there are many used offerings on the market. By waiting a few years, owners will trade them in for new models and return leases, increasing the supply of used models for sale. As a result, the price of the defector, especially the overpriced ones, will decrease due to high demand and lack of supply. Many new models are nearing the end of their lease within the next year or two, with lease agreements typically lasting two to three years.

Soon, the Ford Maverick will be more and more popular in the used car market. As a result, customers can purchase them cheaper than ever before, especially as the auto industry continues to heal itself from the effects of the pandemic.

Wait before you buy a Ford Maverick

In conclusion, it is best to wait before buying a Ford Maverick. As tempting as this part is, it will only get better over the next few years. It’s hard to find models like the Ford compact van right now, especially for the MSRP. In addition, automakers such as Toyota, Ram and others will soon release competitors, providing more options and forcing Ford to improve their model. Finally, there’s no good price for used Ford Maverick models, but with more entering the market soon, prices will drop as availability increases.

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