Used is overinflated because they cant get parts to build new ones.
The plant that is building Rangers and Broncos is actually shutting down for two weeks because they can't get parts, Bronco scheduling is totally whacked out because of parts shortages. I haven't heard anything specific to the Ranger side of things, we have a Bronco on order so I have kinda followed them.
Some poor sod at the F-150 plant is driving the trucks to parking lots and ripping modules out of them so they can be installed in more trucks to be driven to storage. They are running out of nooks and crannys to store them so they are going to be idling that plant for awhile too.
At a time when demand is at all time highs for pickup trucks, Ford is unable to sell thousands of them due to parts shortages
www.wcpo.com
And then when computer chips become available somebody is going to get a ton of practice installing modules in trucks so they can actually be sold.
So if you want a new one order it but plan on waiting for awhile. The used market is going to be jacked up for a long time because of this.