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Prices Paid: Buying & Leasing Experiences Ford F-Series Prices Paid and Buying Experience
351 messages, Last post on Sep 04, 2008 at 2:05 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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| Oh yeah look at the profits for Ford and tell me they are making money right now, and look at my sales floor where 2 months ago we sold 210 cars and last month we sold 80, laid off 2 sales managers and went from 22 sales people to 14. | |
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Replying to: goblue1279 (Jul 03, 2008 1:47 pm) Right now, you are stuck with a whole bunch of product that no one wants. When supply outstrips demand, prices fall. Ask anyone who works in a commodity business about that. Its unfortunate, but that's the way things work. Its the customer's job to get the lowest price they can and the dealer's job to get the highest price. Right now, the market has swung in favor of the customer and the dealers/manufacturers have to take their lumps. But that is YOUR problem. If you want to make money, I hear 4-bangers and hybrids are getting solid margins right now. In the mean time, I will be one of those customers squeezing you as hard as I can on a new truck purchase. Sorry, but that's how the system works... |
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Hybrids have a goods margin but If i were to sell you a brand new 2008 Ford Focus at Full MSRP $15,910 give you the $1500 in rebates(which is not from us. The dealer would make exactly $1,133.66 in profit. Now selling the car i only get paid on 676.66 which mean I make 202.98. I am not tring to be a jerk but the point I am tring to get across is that NO ONE is tring to get one over on you or any consumer. I don't have a problem with an educated consumer but please make sense when you speak. Know what your talking about before you make an ignorant comment about something you just think is right. Oh yeah let me show you the deal on a nice F-150 if you a own a 98 or newer Ford product 2008 F150 4X2 SS S/C 4.6L EFI V8 ENGINE ELECTRONIC 4-SPD AUTO O/D MSRP $28,880 STX Discount Package $2000 Employee Price-$23,888.90 Retail Customer Cash-$2000 Ford Credit Bonus Cash-$1000 Owner Loyalty-$3000 Your Price $17,888.90 Tell me that its not a deal to save $10,991.10 Off MSRP |
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I just purchased a new 2008 King Ranch 4x4 150" for a hair under $13000 off MSRP. That was Employee pricing + another $7000 in rebates. I have seen used trucks for more than I paid... |
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Replying to: goblue1279 (Jul 03, 2008 1:47 pm) I did see an ad in the SF Chronicle over the 4th July weekend where a Ford dealer writes "Below Employee Pricing"!!! Kinda shows you how silly the employee pricing can be. I know times are rough for car salesmen these days - especially if your lot is full of trucks. But the fact is you're selling something that is sold at several other stores within 30 miles (at least where I live). The old slogan that "we're number one in service" just isn't enough to make your dealership charge anymore than some other dealer down the road. Add the power of the internet and sites like Edmunds and you have to see where your pricing model is headed. MSRP is a joke - has been for many years. If Ford doesn't pay it's sale people anything for a sub invoice sale, I'd say it's time to find another profession. |
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Replying to: goblue1279 (Jul 04, 2008 12:28 pm) The real problem is that the car companies have a ton of inventory of gas-guzzlers with no demand, and their pride is getting in the way of selling the vehicles. I was at a Ford Dealer this weekend who still had several new 2007(!) Lincoln Mark LT pickups, and they were offering to sell one to me at sticker (about $39K vs MSRP of $41K). This make no sense when the truck has been on the lot for a year and a half. Another dealer is offering a $25 Starbucks card for test driving their trucks or SUVs. Are you kdding???? They have a serious problem - these cars are a sunk cost to the dealer and need to move. Meanwhile, the Big 3 are announcing layoffs and closing plants. A company like GM used to have a market cap that would equal the GNP of the 6th largest country in the world. Now it's at the same level as Bath and Body Works (kidding, but not too far away). Pride and poor business practices are a bad combination. |
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Is anyone running into many "new" 2007 models of these trucks, and have you found ways to get great deals on them? Since Ford has pushed back 2009 deliveries until late fall/early winter to clear the huge inventory of 2008s, I would think they would accept almost any offer for 2007s
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Replying to: cadencrue (Jul 15, 2008 9:35 am) Get on the internet and locate existing inventory out there and send e-mail out to all the dealers within a couple hundred miles of your home - request their best offer and wait to hear from the dealers who want to unload inventory. Make sure they know you're ready to buy, know what you want, and stick to your guns. End of the month works best. End of the quarter is even better. It takes work, but is worth avoiding the agrivation of having some joker offer you a couple grand under MSRP. You should be shooting for something under invoice imo. Wish I could tell you a more accurate price to shoot for, but no one is posting much here these days. Use the price leaders as a guide. One at this price might be a loss leader. "All in stock" means there's wiggle room. |
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Replying to: goblue1279 (Jul 04, 2008 12:28 pm) 2008 F150 4X2 SS S/C 4.6L EFI V8 ENGINE ELECTRONIC 4-SPD AUTO O/D MSRP $28,880 STX Discount Package $2000 Employee Price-$23,888.90 Retail Customer Cash-$2000 Ford Credit Bonus Cash-$1000 Owner Loyalty-$3000 Your Price $17,888.90 This is better than the lease buy-out on my 2006 XLT. If I can find this deal in Denver, I'll buy.
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Replying to: ron48164 (Jul 16, 2008 11:40 am)
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