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Ford F-Series Prices Paid and Buying Experience

433 messages, Last post on Sep 23, 2009 at 3:32 PM
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Replying to: ron48164 (Jul 16, 2008 10:40 am)
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Everything else I've seen written on the topic of what your trade in or a new or used car is worth is just about worthless. What is a car worth? Here are the facts on the resources and car indexes and car guides: 1. Kelly Blue Book: Available in paperback and Online and it's free but completely inaccurate and over priced - Dealers love to show you this value when you buy but not on trade in so much. 2. Edmunds: Easy to use and online access but not very accurate; more for informational purposes. 3. National Auto Research publishes the Black Book (NOT BLUE book) - Extremely accurate and this is what auto dealers use - Online access but it is expensive and primarily used by auto dealers. 4. Manheim Auto Auction publishes MMR (Manheim Market Report) - Online only and you must be a "state registered auto dealer"; VERY ACCURATE. Mention, "MMR price" and watch the dealers expression change and the best price emerge (or the dealer get mad). Notes: I am pretty sure MMR and black book publish new car values also ( in fact im almost positive). Also, most dealers buy the cars at an auction (like Manheim auto auction) (the general public cannot attend the auctions) and mark them up to pay the sales reps commissions. Go direct when possible.
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Replying to: goblue1279 (Jul 04, 2008 11:28 am) the dealer could not produce the volume of advertising, number of admin staff, large lot, etc on the margins you just gave. Also, what about Dealer Hold Back and "Administrative Fees". Hold back is a considerable profit to the dealer. Here is the profit: 1. Ford/manufacturer make the car or truck and SELL it immediately to a distributor. 2. Distributor takes his cut (eg ford of North America) and sells to a dealer. 3. Dealer marks up the price (10-20% of total price) and sells to the buyer. 3. Salesperson takes a cut (varies depending upon dealer). 4. Buyer gets cut. Personally I'd like to see the auto industry "Delled" ( by that I mean go direct - like Dell computer) and just buy a 2008 Ford F150 Crew Cab for $16,000 (the manufacturer would make more profit and the buyer would get a great deal) and let manufacturer franchise the repair shops, parts and options. Ford needs to do something creative and We All Know that their current supply chain is not competitive. |
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Replying to: carsearch2008 (Jul 26, 2008 9:08 am) I agree with your assessment that car dealers should streamline the buying process and cut out some of the selling layers that really add little value. At least let people have to option to avoid the sales pitch. |
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A new 08' King Ranch: Sticker $43,895. Asking $31, 700. Any input?
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Replying to: kgabe (Jul 28, 2008 12:06 pm) |
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| WOW, that's one helluva price if one can actually buy it for that. | |
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Replying to: aspesisteve (Jul 17, 2008 2:16 pm) 2008 F150 4X4 SS S/C 4.6L EFI V8 ENGINE ELECTRONIC 4-SPD AUTO O/D REAR DEFROSTER & SHIFT ON THE FLY MSRP $31,480 STX Discount Package $2,000 Employee Price-$26,125 Retail Customer Cash-$2,000 Ford Credit Bonus Cash-$1,000 Owner Loyalty-$3000 Your Price $20,125 I did this with a real Z-plan. The employee pricing for everyone would have worked, but I used a z-plan to save $500 (document fee all dealers are charging here). The buyout on my 2006 F150 lease was 22,400. I would have kept it if Ford was willing to accept a reasonable price in this market, but they would rather take a loss. |
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Replying to: carsearch2008 (Jul 26, 2008 9:08 am) Do you have access to MMR? I am looking for the current used car price for the Taurus X (SEL & EB trims) 10-15K miles. Thanks |
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