It will most likely be a long wait for both discounted pricing and increased Tellluride inventory. The Covid crisis has produced the perfect storm for all stakeholders: supply chain, manufacturer, dealer, and ultimately the buyer.
Entering into the pandemic, the Telluride was already in extreme demand with a staggering backlog. Factor in pandemic parts and assembly delays, and now things get even more uncertain, especially for selling dealers. Many dealers are renegotiating agreements with their financial institutions in order to remain solvent . (similar to most any business today) Dealer P&L models are based on historical data for unit sales + drag on service / accessories etc.. Financial institutions will gauge risk based on the submitted business plans. In this environment, business plans have become somewhat irrelevant. Way too much uncertainty for many institutions to continue taking on new risk.
As of end of June, the Telluride had 15 Market Days Supply. (MDS)
With Inventory Tight, It’s a Market of Haves Versus Have-Nots - Cox Automotive Inc. The numbers are't available yet for July. It's rumored the Telluride is now at
8 days MDS. These are unimaginable numbers to dealers betting their business (and financial commitments) on the profit that popular models could command. These are truly hard to find vehicles with a premium if you'd like one in your driveway ASAP.
Enjoy the ride!