The Lounge This is the General Talk forum.

My ford dealer is on Crack

Thread Tools
 
Search this Thread
 
  #1  
Old 03-16-2008, 12:27 AM
Codiddy's Avatar
Senior Member
Thread Starter
Join Date: Mar 2006
Location: California
Posts: 1,786
Default My ford dealer is on Crack

Was driving by the ford Stealership today and saw they had a bullitt. I was pretty surprised they had one since I live in a pretty small town so I stopped to take a look.
Those bastards wanted 15000 on top of sticker, bringing the price to a staggering 48000 bucks.
I thought that was crazy untill i looked at the shelby GT next to it and saw the 30000 dollar markup on that bad boy, bringing it's price to 60000.
I'm thinking to myself, Can't you find GT500's for that price? So besides the fact that my Ford dealer is on crack, whats the markup like in everyone elses area?
Oh and does anybody know how many shelby GT's they are making? I know from the article that there are 7000 bullitts.
 
  #2  
Old 03-16-2008, 06:58 AM
zigzagg321's Avatar
Ninja
Join Date: Sep 2007
Location: OH
Posts: 10,155
Default

I cant see how a bullit could be more than even 40k. That is downright thievery, nevermind the mark up.
 
  #3  
Old 03-16-2008, 07:01 AM
TUFF 4.6's Avatar
"Just Add Foot"
Join Date: Dec 2007
Location: Richmond Va.
Posts: 2,250
Default

If you dont buy it someboby else will. Thats how they look at it. Suppy and Demand. That the American Way
 
  #4  
Old 03-16-2008, 08:02 AM
PColav6's Avatar
FYL.
Join Date: May 2006
Location: Pensacola, Florida
Posts: 7,493
Default

The bullitt at World Ford here is 38k.
 
  #5  
Old 03-16-2008, 08:06 AM
zigzagg321's Avatar
Ninja
Join Date: Sep 2007
Location: OH
Posts: 10,155
Default

even 38K is ridiculous. its a mustang. for 38K Im going down to my local BMW dealership and buying a slightly used M3 Competition Coupe.
 
  #6  
Old 03-16-2008, 08:30 AM
Steeda97's Avatar
banzai
Join Date: Apr 2007
Location: South Jersey
Posts: 4,546
Default

Haha. I saw a bullitt for the first time 2 days ago and that thing is ugly. I'm sorry but without the badges, fog lights, or anything it really has NO personality. It looks like a V6. Its ridiculous they are charging so much for it.

P.S: PCola, that picture in your sig is sick!
 
  #7  
Old 03-16-2008, 07:08 PM
WaterDR's Avatar
Administrator
Join Date: Sep 2004
Posts: 6,613
Default

This is why the entire American auto industry is going into the tank! The root of all evils is organized labor. There is a big difference between the auto industry in the US and in Japan and it is way more then just the way cars are put together.

I am in the process of taking a Master's class for my MBA and the topic is the auto industry.....needless to say, I have learned a lot of interesting things.

In the USA, labor contracts force US manufacturers to try to estimate how much demand there is for a product before it is even built. They sign contracts with the workers and with parts suppliers.....these comittments are made before a single car ever sees a highway and it is done 4 - 6 years before the first car is even sold. All vender contracts are based on low price.

As a result, some cars sell well and others don't. This creates a glut of inventory for those that don't move and a shortage for those that sell well. The manufactures then force dealers to accept cars that they don't want to have to sell in order to get those that do want. "Hey, you want a GT-500, you have to take 10 Taurus". As a result, people are faced with taking cars with options that they don't want, so they demand lower prices. At the same time, the "hot" cars get marked-up to the roof....it's about the only way the dealers can make money.

These gluts in inventory then ironically cause lay-offs in the following years.....exactly what the unions are trying to prevent in the first place.

In Japan, not a single car is built that is not already sold in advance. Each car is ordered by the customer and built to specifications and unlike in the US where a car takes 8 - 10 weeks to fill an order and you might not EVER get a car that is in high demand, it takes just 1 to 2 weeks. The customers get only what they wanted to pay-for...nothting more and nothing less.

They don't predict anything and they do not build cars in advance....the plants adjust to product demands and due to their "lean manufacturing" principles are able to make changes on the fly. They have less workers per vehicle produced, but the jobs are more interesting, employees are treated better, they get large bonuses when working on a succesfull platform, and there are rarely lay-offs.

The end result.....no dealer markups.
 
  #8  
Old 03-16-2008, 07:22 PM
zigzagg321's Avatar
Ninja
Join Date: Sep 2007
Location: OH
Posts: 10,155
Default

/\/\damn skippy./\/\
 
  #9  
Old 03-16-2008, 07:27 PM
JackThe Ripper's Avatar
Ketchum & Killem
Join Date: Sep 2007
Posts: 12,065
Default

sorry, but in my view anything over 30k for a mustang is laughable. I could see 40k for the new gt500, but that is really it.

i wouldnt pay a dime over 28k for a new bullet. I MIGHT pay more if it actually had some power improvements instead of the half-handjob ford have it with intake/exhaust.

how about an S/C with 5psi or a 4valve engine?

bullett FTL!
 
  #10  
Old 03-17-2008, 07:50 PM
jcsuli74's Avatar
Member
Join Date: Nov 2007
Location: Springfield Illinois
Posts: 79
Default

Originally Posted by Steeda97
Haha. I saw a bullitt for the first time 2 days ago and that thing is ugly. I'm sorry but without the badges, fog lights, or anything it really has NO personality. It looks like a V6. Its ridiculous they are charging so much for it.

P.S: PCola, that picture in your sig is sick!
+1 on that. the local dealership only had a 10000 "market adjustment" on theirs. sold in like 4 days. the sheeple just cant stay away from the "$40k special editions". i bought a Gt deluxe, no leather, no Mach 1000 or what ever it is called. just a v8, 5 speed, and a posi rearend (oh yeah had to spring for the upgraded interior panel, that is kind of a necessary for the 05+.) figure i can do all the stuff plus more to mine for alot less money.

the wheels were a freebie from the dealer...HATE bullitt wheels told them i wouldnt buy the car with the stock bullitts on it. just like that free wheel upgrade.
 

Last edited by jcsuli74; 03-17-2008 at 07:52 PM.
  #11  
Old 03-17-2008, 07:56 PM
zigzagg321's Avatar
Ninja
Join Date: Sep 2007
Location: OH
Posts: 10,155
Default

lol....sheeple.
 
  #12  
Old 03-17-2008, 08:18 PM
JackThe Ripper's Avatar
Ketchum & Killem
Join Date: Sep 2007
Posts: 12,065
Default

lol.... people who finance those are gonna feel like real goddamn idiots when 2 years down the road they still owe 35,000 on 25,000 KBB car.
 
  #13  
Old 03-17-2008, 08:39 PM
WaterDR's Avatar
Administrator
Join Date: Sep 2004
Posts: 6,613
Default

and the stupid-*** banks that let them. I guess we have to bail them out too - lol
 
  #14  
Old 03-17-2008, 10:35 PM
rebelyell's Avatar
More Cowbell
Join Date: Oct 2004
Location: North Carolina
Posts: 3,003
Default

Maybe it was just me but I think anyone who bought an 04 GT got lucky. I waited till Oct. of 04 to get mine and the new 05's were just hitting the lot. They couldn't wait to push all those old body styles off the lot.. My sticker was $26,900. After all was haggled and done I got mine for 21,500. After the extended 5/75 warranty. Total loan was for 23,500. Paid that loan off the next day with my credit union loan at 4% interst. Gonna be paid off next year.. seems if you wait till the end of the year, whether it be a new model year or not. You can get a better deal.
 
  #15  
Old 03-17-2008, 11:35 PM
4.6 Love's Avatar
Super Moderator
Join Date: Sep 2004
Location: Mexico
Posts: 6,312
Thumbs up

**** carsss!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!hahaha...yeah!!!!!
 
  #16  
Old 03-18-2008, 04:55 AM
WaterDR's Avatar
Administrator
Join Date: Sep 2004
Posts: 6,613
Default

Originally Posted by rebelyell
Maybe it was just me but I think anyone who bought an 04 GT got lucky. I waited till Oct. of 04 to get mine and the new 05's were just hitting the lot. They couldn't wait to push all those old body styles off the lot.. My sticker was $26,900. After all was haggled and done I got mine for 21,500. After the extended 5/75 warranty. Total loan was for 23,500. Paid that loan off the next day with my credit union loan at 4% interst. Gonna be paid off next year.. seems if you wait till the end of the year, whether it be a new model year or not. You can get a better deal.
Generally speaking, i think you are 100% correct. The real value is seeing what your car is worth now compared to a 2005 that you would have paid more for.

Overall, though, I think the 99+ owners initially suffered by the 2005's because a lot of people dumped their cars to get a newer one. But all those dealer mark-ups the first year also prevented people from doing that and I think in the long run may have even helped us.

I just bought a 2007 (non Mustang in December) and got it for $9,000 below sticker. So, that has been my experience as well. That was the 5th time I have bought a car in the month of Dec. One time I got a car on New Years Eve and another on X-Mas Eve and they have always been the previous model.
 
  #17  
Old 03-18-2008, 05:29 AM
RCTrucker7's Avatar
Senior Member
Join Date: Dec 2005
Location: Springfield, VA
Posts: 544
Default

Originally Posted by WaterDR
As a result, some cars sell well and others don't. This creates a glut of inventory for those that don't move and a shortage for those that sell well. The manufactures then force dealers to accept cars that they don't want to have to sell in order to get those that do want. "Hey, you want a GT-500, you have to take 10 Taurus". As a result, people are faced with taking cars with options that they don't want, so they demand lower prices. At the same time, the "hot" cars get marked-up to the roof....it's about the only way the dealers can make money.
Yep. I got a little lesson on this when I bought my 05 GT in May of 2005, but on a smaller scale. At the time, it was damn near impossible to find a non-vert GT. I would constantly call dealers and check websites for inventory. Finally my local dealer (Sheehy Ford) had a listing for one. I went to check it out and it was a bare-bones GT. Not a single extra option. Price? 34K+. One of the salesmen told me that it was so high because they got it from another dealer. But in order to do that, not only did Sheehy have to give the other dealer some of their more better selling models, they had to take some not so well selling models from the other dealer along with the Mustang.
 
  #18  
Old 03-18-2008, 05:43 AM
StreetRacer's Avatar
Banned
Join Date: May 2007
Posts: 1,637
Default

Originally Posted by rebelyell
Maybe it was just me but I think anyone who bought an 04 GT got lucky. I waited till Oct. of 04 to get mine and the new 05's were just hitting the lot. They couldn't wait to push all those old body styles off the lot.. My sticker was $26,900. After all was haggled and done I got mine for 21,500. After the extended 5/75 warranty. Total loan was for 23,500. Paid that loan off the next day with my credit union loan at 4% interst. Gonna be paid off next year.. seems if you wait till the end of the year, whether it be a new model year or not. You can get a better deal.
honestly though reb...thats the smart move but who the hell would wanna grab the last style just before the new one hits the street? my friend bought his 04 like 3 months before the 05 came out...he was kickin himself for months
 
  #19  
Old 03-18-2008, 05:45 AM
RCTrucker7's Avatar
Senior Member
Join Date: Dec 2005
Location: Springfield, VA
Posts: 544
Default

Originally Posted by rebelyell
Maybe it was just me but I think anyone who bought an 04 GT got lucky. I waited till Oct. of 04 to get mine and the new 05's were just hitting the lot. They couldn't wait to push all those old body styles off the lot.. My sticker was $26,900. After all was haggled and done I got mine for 21,500. After the extended 5/75 warranty. Total loan was for 23,500. Paid that loan off the next day with my credit union loan at 4% interst. Gonna be paid off next year.. seems if you wait till the end of the year, whether it be a new model year or not. You can get a better deal.
Originally Posted by WaterDR
Generally speaking, i think you are 100% correct. The real value is seeing what your car is worth now compared to a 2005 that you would have paid more for.

Overall, though, I think the 99+ owners initially suffered by the 2005's because a lot of people dumped their cars to get a newer one. But all those dealer mark-ups the first year also prevented people from doing that and I think in the long run may have even helped us.

Yeah, I definitely overpaid for my 05 GT. Heck, even just paying sticker I would've been over paying, never mind the $3,000 "market adjustment" on it. There are only two reasons I was able to get mine, and be able to overlook overpaying, and one relates to what you were saying about "...I think the 99+ owners initially suffered by the 2005's because a lot of people dumped their cars to get a newer one. But all those dealer mark-ups the first year also prevented people from doing that..." and is the first reason I could look at buying a Mustang. The engine on the car I had been driving, a 1997 Pontiac Sunfire GT, up and died. It was a rod if I remember correctly. I wasn't in a position (financially) at the time to think about trading in the Sunfire, even before the engine died, but seeing as how I didn't have a car at all now, I needed a car. The second reason, which was perfect timing in retrospect, was that at the time this happened, I was selling my house. On the Saturday of my very first Open House, I had 14 offers, and by Monday I had a contract that thanks to 3 of those offers, netted me $36K+ over my asking price. (Jesus, how times have changed for the housing market.) That extra selling power is what gave me the cash to be able to afford my GT.
 
  #20  
Old 03-19-2008, 11:39 PM
rebelyell's Avatar
More Cowbell
Join Date: Oct 2004
Location: North Carolina
Posts: 3,003
Default

Originally Posted by StreetRacer
honestly though reb...thats the smart move but who the hell would wanna grab the last style just before the new one hits the street? my friend bought his 04 like 3 months before the 05 came out...he was kickin himself for months
I actually wanted an 05 before I went car shopping. I would have probably settled for a V-6 model . They had no 05's on the lot at all. But once i took my 04 GT for a test drive, I was hooked.. My car caught my eye while we were pulling in the lot. I still look at the new models with much envy, but I'm happy with my choice.. I have yet to drive an 05+ GT But I still think they are great looking cars, I would own one without any regrets..
 
  #21  
Old 03-20-2008, 10:23 AM
Codiddy's Avatar
Senior Member
Thread Starter
Join Date: Mar 2006
Location: California
Posts: 1,786
Default

I wonder what they would say if I offered them 28K cash for the bullitt. think they'd sell it to me?
 
  #22  
Old 03-20-2008, 01:27 PM
JackThe Ripper's Avatar
Ketchum & Killem
Join Date: Sep 2007
Posts: 12,065
Default

Originally Posted by rebelyell
Maybe it was just me but I think anyone who bought an 04 GT got lucky. I waited till Oct. of 04 to get mine and the new 05's were just hitting the lot. They couldn't wait to push all those old body styles off the lot.. My sticker was $26,900. After all was haggled and done I got mine for 21,500. After the extended 5/75 warranty. Total loan was for 23,500. Paid that loan off the next day with my credit union loan at 4% interst. Gonna be paid off next year.. seems if you wait till the end of the year, whether it be a new model year or not. You can get a better deal.

Lol... i got mine in october too. They knocked 8 grand off the 29,000 sticker price, i had to swing over some debt owed on the truck on the trade not bad, all in all she was 29,000 and i got her for about 25,000
 
  #23  
Old 03-20-2008, 01:29 PM
JackThe Ripper's Avatar
Ketchum & Killem
Join Date: Sep 2007
Posts: 12,065
Default

Originally Posted by StreetRacer
honestly though reb...thats the smart move but who the hell would wanna grab the last style just before the new one hits the street? my friend bought his 04 like 3 months before the 05 came out...he was kickin himself for months
somone who isnt stupid enough to pay a seriously marked up price?

lol...
 
  #24  
Old 03-20-2008, 01:49 PM
Must See's Avatar
8-2=6
Join Date: Dec 2005
Location: Houston,TX
Posts: 3,196
Default

i got my 2004 right before the new models came out, we ended up getting it for like 16k so bascially 3k off.
 
  #25  
Old 03-20-2008, 05:00 PM
WaterDR's Avatar
Administrator
Join Date: Sep 2004
Posts: 6,613
Default

You want to know something? Let's all be honest with ourselves....you always get screwed when you buy a car. It is just a matter of how much lube you use to minimize the pain. There are big screwings and not so big screwings. It is all about minimizing the pain, but every dealer is making money on you......and don't forget about paying uncle sam either.
 
  #26  
Old 03-20-2008, 05:03 PM
Must See's Avatar
8-2=6
Join Date: Dec 2005
Location: Houston,TX
Posts: 3,196
Default

Originally Posted by WaterDR
You want to know something? Let's all be honest with ourselves....you always get screwed when you buy a car. It is just a matter of how much lube you use to minimize the pain. There are big screwings and not so big screwings. It is all about minimizing the pain, but every dealer is making money on you......and don't forget about paying uncle sam either.
Im fully aware of how they screw you over espeically the used car guys. All it is to them is a game. After working at a car dealership i have lost respect for most used car sales man. The new car salesmen arnt as bad.
 
  #27  
Old 03-20-2008, 10:21 PM
rebelyell's Avatar
More Cowbell
Join Date: Oct 2004
Location: North Carolina
Posts: 3,003
Default

Originally Posted by WaterDR
You want to know something? Let's all be honest with ourselves....you always get screwed when you buy a car. It is just a matter of how much lube you use to minimize the pain. There are big screwings and not so big screwings. It is all about minimizing the pain, but every dealer is making money on you......and don't forget about paying uncle sam either.
LOL. so true. Once your Brand new car leaves the lot it's worth a few grand less than before you left. Has anyone ever asked to see the invoice on the car your buying? HA, good luck on that.. Anyway, my salesman was great. I told him during the test drive that I was gonna buy this car, but my wife was gonna refuse any offer he came up with until she was happy and it might take all day. It did. He did a whole lot of refiguring, and paperwork, and ok's from his boss, to make his buck.. He earned it, IMO.. Plus while my car sat there during the process, 3 people wanted to
to test drive it.. LOL. I almost went out there and said, Get away from my new car biotches..
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Milos
The Lounge
15
01-12-2006 06:56 PM
03BullittClone
The Lounge
20
01-11-2006 08:00 PM
caballo
Modular 4.6L Tech
7
11-21-2005 06:49 PM
WaterDR
Pictures
17
09-22-2005 12:36 AM
Blue Thunder
General Tech Forum
21
03-04-2005 05:20 AM



Quick Reply: My ford dealer is on Crack



All times are GMT -7. The time now is 10:04 PM.