My ford dealer is on Crack
#1
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.
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.
#6
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!
P.S: PCola, that picture in your sig is sick!
#7
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.
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.
#9
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!
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
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!
P.S: PCola, that picture in your sig is sick!
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 08:52 PM.
#14
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.
#16
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.
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
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.
#18
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.
#19
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.
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
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..
#22
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
lol...
#25
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
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.
#27
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.
to test drive it.. LOL. I almost went out there and said, Get away from my new car biotches..
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