Last post on May 19, 2013 at 7:35 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Ford Mustang, Ford Mustang SVT Cobra, Coupe, Convertible
#481 of 1124 How's this price?
Nov 04, 2005 (12:00 pm)
A local dealer has accepted the following offer:
2006 Ford Mustang V6 Premium Coupe
Interior Upgrade Pkg
Invoice 22,838 (includes 312 manufacturer advertising fee)
Offer accepted: 22,838 + TTL
This was all done by email - I haven't yet been to the dealer. The sales guy (and myself for that matter) are out of town this weekend, so I've got a few days to sleep on this before going in for a test drive. Oh - I will be factory ordering the car(haven't decided on the color).
So, what do you think?
(BTW, the best I could do on a GT was $800 over invoice - I'm still considering that. But, $4000 more than the V6 - what would you do? V6 owners - are you happy?)
#482 of 1124 Re: How's this price? [rmackowsky]
Nov 04, 2005 (2:11 pm)
Seems pretty good to me,thats about $700 less than I just paid for a similiar V6.
#483 of 1124 Stick to Your Guns and You'll Get one for MSRP
Nov 05, 2005 (10:22 pm)
I put a deposit down on '06 GT Premium coupe -- was told it would take 8-12 weeks. Only way, I was told, to get one at MSRP. Two weeks later I'm driving by another local dealer and there's a GT sitting out front that looks just like the one I ordered. I stop, and yup it's exactly the car I ordered (solid aluminum wheels, interior upgrade, side airbags, silver w/ charcoal interior, active anti-theft). Within seconds, out pops a slippery salesman and asks me if I'm ready to buy it today. I tell him yes, but only for MSRP ($28,325). We sit down, he goes to his boss, he puts a price in front of me that's $1700 over MSRP, I tell him no, he goes back to his boss, yaddy yadda ... I end up driving the car home at MSRP.
My advice: Do your dealing in person, stick to your guns, be ready to walk away, and put one on order as a backup plan (it's easy to get your deposit back -- these things sell themselves, dealers aren't worried about unloading the car you ordered).
#484 of 1124 Re: Stick to Your Guns and You'll Get one for MSRP [pony_pirate]
Nov 06, 2005 (5:58 pm)
I know these beauties are popular, but I have never bargained to pay FOR MSRP on any car, and that's what I told the salesperson. They knew I wanted to drive off in a new 06 GT premium coupe, and that afternoon I did--for $800 less than MSRP.
I guess it depends on the dealership.
#485 of 1124 Re: Artg buying for less than MSRP
Nov 07, 2005 (5:36 pm)
Lucky dog. Dealer I went to wouldn't even discuss selling at MSRP unless I ordered a vehicle and was willing to wait 8-12 weeks. They told me the GT Premium is under limited production, with dealers allocated only one or two a month.
#486 of 1124 What do I need to know when ordering?
Nov 07, 2005 (8:06 pm)
I'm planning to order a GT Premium Convertible w/ manual transmission, loaded. I expect I will end up paying MSRP or close. I've seen some references to "DORA," "VOC," VIN#'s, "Priority 10," etc. but still I am not very clear on the ordering process. I've ordered new cars before, but never one in such short supply. Would someone briefly summarize for me what the correct steps are if the dealer is being straight? I want to be sure that I am well informed so that I do not experience the runaround which some have described here. Thanks much!!
#487 of 1124 Bought hubby's Christmas present
Nov 08, 2005 (12:32 pm)
Where I'm gonna keep this thing for the next seven weeks, I'm not really sure yet. '03 GT convertible, triple black, 15750K miles, all the good GT stuff.
Found it online at a dealership really close to home. I took it on a short test-drive yesterday, then had the mechanic look at it today. I ducked out of work to meet him there and his only really comment was flaking paint on the hood, so I'll have that redone. (Anything to have someone else keep it over the next few weeks. LOL!) They were asking $18,500K, which was around $20,400 OTD, and I signed off on it at $20,100. The auto guy had a suggested retail at about that before fees, and all my research for that car/miles said the same, so I was mostly negotiating for the heck of it; I'd have taken it where it was.
Left them a deposit so I could run back to work and will go sign off on the remaining paperwork tonight. It's a gorgeous day, approaching a record-high, I now own a convertible and I can't even be seen driving it. Boo hiss.
#488 of 1124 Re: Bought hubby's Christmas present [kbt]
Nov 09, 2005 (4:47 am)
"Where I'm gonna keep this thing for the next seven weeks, I'm not really sure yet."
I say rent a garage for a month if you can't find a family member or friend to help you out.
#489 of 1124 Re: What do I need to know when ordering? [davidgc]
Nov 09, 2005 (8:44 am)
david.....let's see if I can answer everything in one post.
First of all, VIN is the Vehicle Identification Number (or serial number). VOC is Vehicle Order Confirmation. DORA is Dealer Order Receipt Acknowledgement.
Now that we've got the acronyms out of the way, we need to talk about priority codes and allotments. Priority codes are the numbers given BY YOUR DEALER to the Ford factory that stipulates how quickly they want the order built. The priorities range from a best of 10 (built within 8-10 weeks) to 99 (no way on this earth it will ever get built...usually given to someone who the dealer doesn't think is seriously going to buy).
Allotment is the dealer's allowance for Mustangs in a given period. Dealers are only allowed to have X amount of Mustangs based on many factors.
You need a 10 priority number and to make sure the dealer has current allotment in order for you to receive your car within the 8-12 week period it usually takes to get your car built and shipped.
VOC tells you exactly what you've ordered with your priority number. It will also tell you what the MSRP of your order is. Some dealers will actually let you see what the employee discount plan prices are on the VOC. Don't build up your hopes that you can buy one for anything less than MSRP, though. It happens, but rarely. These cars are in high demand and the factory is running full tilt just to keep up (at least for the GT models....V6 models are more plentiful).
DORA adds to the VOC the terms of your deal (what the dealer is selling the car for, terms of delivery, what happens if you or the dealer can't meet the terms, etc). The dealer signs it as do you. The DORA is more iron clad than the VOC. But, most dealers usually include some terms stipulating a certain amount of money you have to give them (usually the security deposit) if you default on taking the car.
Hope this helps.
#490 of 1124 Picked up the GT last night
Nov 09, 2005 (9:57 am)
Picked up the Mustang last night...8 weeks to the day from when the order was entered into Ford's
This car is beautiful. It is pretty much the nicest, most powerful car I've ever had. I got compliments on it before I even drove off the lot. The dealer I went to is in a small town and most of the passers-by just stood there and looked at it while I was taking delivery. Never had that kind of experience with any other car. Wife and kids LOVE the car, too (my wife jumped in the car as soon as she saw it).
Here is what I got:
Silver w/ Red Leather (this combo is NICE)
Side Air Bags
TOTAL PRICE (incl tax, tags, title) = $28,259 (used X-plan)
Plates were on the car when I got there...looked as if the dealership's whole day revolved around my delivery. The whole experience was very positive (I also got my own financing which made the delivery go a lot quicker).
I look forward to many thrilling miles in this ultimate machine.
I guess I'll have to change my Edmunds ID to jagzGT!!