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2007 SVT Cobra

97 messages,  Last post on May 27, 2006 at 4:30 PM

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What is this discussion about? Ford Mustang SVT Cobra

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#82 of 97 Re: It will be mine [burglarman] by phishman Aug 22, 2005 (4:40 am)
Replying to: burglarman (Aug 19, 2005 7:07 pm) Whoa! Isn't that a lot to put down for a deposit. What happens if it falls through? Do you get your money back? What is the name and where is this dealership? Thanks tbone & burglarman for all the info. Replies to this message: tbone5660 (Aug 22, 2005 12:44 pm)
#83 of 97 Re: It will be mine [phishman] by tbone5660 Aug 22, 2005 (12:44 pm)
Replying to: phishman (Aug 22, 2005 4:40 am) What dealership, which state? What model, the Shelby or SVT Cobra?
#84 of 97 Re: Where so I sign? [tbone5660] by starboardside Aug 25, 2005 (10:38 am)
Replying to: tbone5660 (Aug 17, 2005 2:40 pm) This is simply not true. Allocations are generally based on the previous year's sales. Special edition models may be based on a composite of several previous models. I own a dealership (NOT Ford), and if I sell 15 of a particular unit, you can bet the manufacturer will want to put 15 more in my hands the next year. To state that dealerships have to have their confirmed allocations in hand before they can take money down is to state that no Ford dealers have money down yet on the new Shelby. I placed money down on a GT500 in March 2005. I'll bet many others have since, yet (to my knowledge) no Ford dealers have their allocations as of August, 2005. I think this misunderstanding is based on people's beliefs that they are actually sending their money to Ford Motor Company. This money is held by the independently franchised dealer, NOT Ford. We will take money down on hot new models before allocation, with the agreement that it will be refunded if we cannot meet the commitment (which HAS happened to us on one occasion in 2000). Money down is an agreement (contract) between an individual and a franchised dealer, and as such, does not require approval of the manufacturer. The manufacturer can become involved if the contract is not honored. Replies to this message: tbone5660 (Aug 25, 2005 1:51 pm) starboardside (Oct 13, 2005 10:55 am)
#85 of 97 Re: Where so I sign? [starboardside] by tbone5660 Aug 25, 2005 (1:51 pm)
Replying to: starboardside (Aug 25, 2005 10:38 am) And when was the last time ford sold a Shelby Cobra... They will not allocate the new Shelby based on the sales of the old Shelbys, its a new time and age. Dealerships have not been allocated their Shelbys yet. This is what I have said from the beginning. Every SVT dealer I have talked to in the state of TX and LA has told me that deposits are non-refundable. And what happens if there is a problem found, and they dont release the car at all? Then your stuck waiting till mid 2007 or 2008. Its very unlikely this late in time but what if. Replies to this message: starboardside (Oct 13, 2005 10:55 am)
#86 of 97 Re: Where so I sign? [tbone5660] by starboardside Oct 13, 2005 (10:55 am)
Replying to: tbone5660 (Aug 25, 2005 1:51 pm) Of course allocations will not be based on 1970 Shelby sales, but likely by a composite of previous Cobra and Mustang sales, as I stated. Non-refundable deposits are largely a myth. As a franchised, legitimate dealer, it is very difficult for us to justify keeping a deposit when the customer wants it back. No successful dealership (or other business) has built its reputation by stealing peoples money. Keeping someone's money without completing a contract is easily disputed in small claims court, if it ever got that far. If someone actually signs a non-refundable contract, it might be different. Dealerships are telling you its non-refundable to weed out the guys who are likely to want their money back. Its an unnecessary waste of time to go through the down payment process, and then refund it later. Having said that, a dealer can take money down at any time, regardless of allocations. Dealerships are independently owned businesses, and have rights granted to them by franchise law. The factory simply is not going to get involved ( and by franchise agreement, cannot get involved) at this level. True cases of fraud would be different. I am not trying to be-labor this point, I am simply stating that I own a franchised dealership, am bound by franchise law and contract, and a lot of the stuff on this forum is simply not true. Successful dealerships have very little, if any, factory involvement in their day-to-day operations.
#87 of 97 Do the Math $$$ by pony_pirate Nov 19, 2005 (6:36 pm)
Went down and talked to the dealer face-to-face about the GT500. First, they don't know anything about colors, options, MSRP, anything for sure.   Second, this guy guessed MSRP would be low to mid $40's, not the under $40 bandied about here.   Third, he wanted a 5% markup over MSRP, whatever that turns out to be -- the markup is in the written contract. This, of course, is on top of the 10-11% markup they already get, the difference between dealer cost and MSRP, wholesale and retail.   Paying a markup of 15-16% is a deal-breaker for me. A final total cost of close to $50k (fees, license, taxes, options) is also a deal breaker. I just won't do it -- it's a matter of value.   They're just taking advantage pure and simple. Let them find some other sucker. As I see it, the car is worth, total price, around $40k, give or take $2-3k, max. Put another way, I'm willing to pay no more than $15k over what I paid for my GT Premium, loaded, or around a $45k total take-home price, loaded.   To keep some perspective, for $50k you can get TWO V6 Mustangs. For a little more than $50k you can get a C6.
#88 of 97 Quoted a Price on the Shelby by diverg Nov 25, 2005 (6:56 am)
I just got a call from my dealership that I've bought from before. Salesman told me that they are in fact getting ONE in next year and they want to pre-sell it before it hits the lot. They are not having an auction, instead they are setting the price at $75,000 with a $15,000 deposit first come first serve. I guess if they can get it why not but I have a feeling that I will watch this one for a while. I am glad I didn't go with my first impulse and agree because I truly believe if the 75K number is easily doable, they would auction (that's what they did with 2 GT's). So there it is. My car is waiting for me for 75K. I think I'm going to have to pass.
#89 of 97 First GT500 by xkss Dec 27, 2005 (8:43 pm)
The first new Shelby GT500 will be auctioned at the Barrett-Jackson car auction next month.   Barrett-Jackson
#90 of 97 Dealer Markup is Proportionate to the Hype by pony_pirate Jan 18, 2006 (12:54 pm)
Went in to a dealer to talk about ordering a SVT GT 500; sitting feet from us was a GT, with a $99,999 dealer markup clearly stated on the sticker, an auger of what will happen with the GT 500 SVT. Shame, though, considering that when the car was shown at the NY Auto Show last year, the price quoted was "under $40k."   Me, personally, if I were to spend $75k on a car, it would be on a Z06, not a souped-up Mustang. Replies to this message: rorr (Jan 18, 2006 2:31 pm)
#91 of 97 Re: Dealer Markup is Proportionate to the Hype [pony_pirate] by rorr Jan 18, 2006 (2:31 pm)
Replying to: pony_pirate (Jan 18, 2006 12:54 pm) "...sitting feet from us was a GT, with a $99,999 dealer markup clearly stated on the sticker,..."   There's a reason that GT was still sitting feet away from you......the $99,999 dealer markup.   GT's are now going for MSRP. I'm sure when they were first released (and demand exceeded supply) there were a few lottery winners that DID plunk down close to 1/4M for a GT. No longer.   Same holds true for the GT500. I'm sure when that thing first hits the ground, there will be a few individuals who spend $75k on it. Don't be amoung them.   But I would predict that within a year, prices will be back to MSRP.

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