Letter to FORD addressing ADM?

[Nomadic]

Yes, you would know.

LOL. $28777 for my GT. Sold the stock wheels and tires and upgraded mine so about $30,100 all in before tax.
And you paid what $55k for yours.

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[Hack]

LOL. $28777 for my GT. Sold the stock wheels and tires and upgraded mine so about $30,100 all in before tax.
And you paid what $55k for yours.

Stay classy, right?

 

[CAL Captain]

LOL. $28777 for my GT. Sold the stock wheels and tires and upgraded mine so about $30,100 all in before tax.
And you paid what $55k for yours.

I've misjudged you. You're obviously an exceptional person and I pray God richly blesses you.

 

[Dominator961]

I know and understand that to get a Ford GT you must first apply for one, then you’re told that you can not sell it for 2 years because they don’t want you making a profit off it.
Well the hell with that.

They allow dealers to do it everyday on every vehicle. Not to mention the ridiculous ADM on the gt350/R and other vehicles such as the 50th, Raptors, Bullitt etc.

I’m ok with paying a small ADM, but let’s put a limit on the damn thing. When I bought my 16 track pack gt350 I paid $5000 over and was ok with it.
Once I ordered the car and waited the 7 months it had so many issues it was ridiculous. I ended up trading for a new 18 R in which the dealer wanted $20k ADM.
I refused to pay and walked away. 3 weeks later the same sales guy told me they would let it go for 8k ADM and give me $13k over what I owed on my 16 track pack trade in so I took the deal.

Let’s be real, the GT350 is not a limited production car. A Limited production mustang was the 93 cobra R, a 2000 cobra R etc.

 

[V00D00]

if ther are not enough produced, to cover the demand, it is limited

 

[Rothgray]

I know and understand that to get a Ford GT you must first apply for one, then you’re told that you can not sell it for 2 years because they don’t want you making a profit off it.
Well the hell with that.

They allow dealers to do it everyday on every vehicle. Not to mention the ridiculous ADM on the gt350/R and other vehicles such as the 50th, Raptors, Bullitt etc.

I’m ok with paying a small ADM, but let’s put a limit on the damn thing. When I bought my 16 track pack gt350 I paid $5000 over and was ok with it.
Once I ordered the car and waited the 7 months it had so many issues it was ridiculous. I ended up trading for a new 18 R in which the dealer wanted $20k ADM.
I refused to pay and walked away. 3 weeks later the same sales guy told me they would let it go for 8k ADM and give me $13k over what I owed on my 16 track pack trade in so I took the deal.

Let’s be real, the GT350 is not a limited production car. A Limited production mustang was the 93 cobra R, a 2000 cobra R etc.

Having a few personal friends who are remarkable individuals, and terrific brand ambassadors of Ford, who own the new Ford GT, that is not the sole reason why Ford placed that restriction on you.

The Ford GT is their halo car, and a testament to their engineering and design. They placed the restriction on it, because they wanted the car's early life, and exposure to the world, to be that from an owner who truly loves the car, and has a passion for it. Not a profit flipper. Ford wants these cars to be used how they were designed and exposed.

 

[cosmic charlie]

Having a few personal friends who are remarkable individuals, and terrific brand ambassadors of Ford, who own the new Ford GT, that is not the sole reason why Ford placed that restriction on you.

The Ford GT is their halo car, and a testament to their engineering and design. They placed the restriction on it, because they wanted the car's early life, and exposure to the world, to be that from an owner who truly loves the car, and has a passion for it. Not a profit flipper. Ford wants these cars to be used how they were designed and exposed.

All the more reason there should be no ADM. I mean if they want them to end up in the hands of true enthusiasts why let dealers add ADM and price it out of reason to many of those same people? A true enthusiast wouldn't even think of flipping the car.

 

[Dominator961]

Having a few personal friends who are remarkable individuals, and terrific brand ambassadors of Ford, who own the new Ford GT, that is not the sole reason why Ford placed that restriction on you.

The Ford GT is their halo car, and a testament to their engineering and design. They placed the restriction on it, because they wanted the car's early life, and exposure to the world, to be that from an owner who truly loves the car, and has a passion for it. Not a profit flipper. Ford wants these cars to be used how they were designed and exposed.

You’re missing my point.
Their is absolutely no need for a dealership to add a ADM over the MSRP. It’s all about greed.
If ford really wanted to put an end to adm’s they could. But the dealership is privately owned.

It doesn’t matter if the car is limited production or not. Cars are sold as a first come first serve. They’re still building the gt350/r to this day and everyone that assumed it was going to be a 2-3 year run drank the kool- aid and nearly everyone paid over msrp.

What the hell does your “remarkable individuals and terrific brand ambassadors of ford” have anything to do with buying or owning a GT or any ford product have to do with ADM?
I’ve owned nothing but fords my whole entire driving life. Of the 35 years of car buying I’ve bought multiple new ford vehicles each year and more than I can count. Does that make me a remarkable individual or brand ambassador?
If that’s what it takes then I believe I paid my dues to not have to pay a ADM.

I have a friend who owns two 2006 ford gt’s Which he bought new along with other super cars, he’s neighbors with Bill Ford, personally knows Mark Fields and Raj Nair. Yet, he still doesn’t own one even after applying for it.

True lovers and collectors do not sell the vehicle and if they do it’s not always about profits.
I’m not disagreeing with the 2 year lock on selling. I’m disagreeing with ford allowing the dealers to add ridiculous adm’s to the cars msrp because of greed. The dealer already makes a profit off every vehicle it sells. That doesn’t give them the right to add $20-30k adm.

Guess what the HALO car was before the GT came back out?

 

[IPOGT]

You’re missing my point.
Their is absolutely no need for a dealership to add a ADM over the MSRP. It’s all about greed.
If ford really wanted to put an end to adm’s they could. But the dealership is privately owned.

It doesn’t matter if the car is limited production or not. Cars are sold as a first come first serve. They’re still building the gt350/r to this day and everyone that assumed it was going to be a 2-3 year run drank the kool- aid and nearly everyone paid over msrp.

What the hell does your “remarkable individuals and terrific brand ambassadors of ford” have anything to do with buying or owning a GT or any ford product have to do with ADM?
I’ve owned nothing but fords my whole entire driving life. Of the 35 years of car buying I’ve bought multiple new ford vehicles each year and more than I can count. Does that make me a remarkable individual or brand ambassador?
If that’s what it takes then I believe I paid my dues to not have to pay a ADM.

I have a friend who owns two 2006 ford gt’s Which he bought new along with other super cars, he’s neighbors with Bill Ford, personally knows Mark Fields and Raj Nair. Yet, he still doesn’t own one even after applying for it.

True lovers and collectors do not sell the vehicle and if they do it’s not always about profits.
I’m not disagreeing with the 2 year lock on selling. I’m disagreeing with ford allowing the dealers to add ridiculous adm’s to the cars msrp because of greed. The dealer already makes a profit off every vehicle it sells. That doesn’t give them the right to add $20-30k adm.

Guess what the HALO car was before the GT came back out?

PT Barnum said it best.

 

[Rothgray]

You’re missing my point.
Their is absolutely no need for a dealership to add a ADM over the MSRP. It’s all about greed.
If ford really wanted to put an end to adm’s they could. But the dealership is privately owned.

It doesn’t matter if the car is limited production or not. Cars are sold as a first come first serve. They’re still building the gt350/r to this day and everyone that assumed it was going to be a 2-3 year run drank the kool- aid and nearly everyone paid over msrp.

What the hell does your “remarkable individuals and terrific brand ambassadors of ford” have anything to do with buying or owning a GT or any ford product have to do with ADM?
I’ve owned nothing but fords my whole entire driving life. Of the 35 years of car buying I’ve bought multiple new ford vehicles each year and more than I can count. Does that make me a remarkable individual or brand ambassador?
If that’s what it takes then I believe I paid my dues to not have to pay a ADM.

I have a friend who owns two 2006 ford gt’s Which he bought new along with other super cars, he’s neighbors with Bill Ford, personally knows Mark Fields and Raj Nair. Yet, he still doesn’t own one even after applying for it.

True lovers and collectors do not sell the vehicle and if they do it’s not always about profits.
I’m not disagreeing with the 2 year lock on selling. I’m disagreeing with ford allowing the dealers to add ridiculous adm’s to the cars msrp because of greed. The dealer already makes a profit off every vehicle it sells. That doesn’t give them the right to add $20-30k adm.

Guess what the HALO car was before the GT came back out?

No, I feel you are missing the point. A private business can set its prices for its products to anything it wants to. Supply vs. Demand. So, yes, it does give them the right to price it however they want. You as a consumer, have the right to either pay it, or not. If you decide not to pay it, you may run the risk of not getting the car either.

If I have one car, and 10 people who want it. Eight of those 10, are willing to pay me over the asking price, guess what? I am going to maximize my profit.

As a consumer do I like this practice? No, but as a seller, the car is mine, I can sell it for whatever I want.

As far as your friend who has two Ford GT's. What does his social media presence look like? What kind of influencer is he? If he's just some guy with money, who is going to just drive the car to a car show, Ford doesn't want that kind of an owner with this car.

 

[Hack]

All the more reason there should be no ADM. I mean if they want them to end up in the hands of true enthusiasts why let dealers add ADM and price it out of reason to many of those same people? A true enthusiast wouldn't even think of flipping the car.

True enthusiasts will pay ADM for a car because they want it so much. People who are less enthusiastic will complain about it, wait for a better deal, or just not buy the car at all.

 

[scottgt500]

First post here....but I thought I would chime in.

I was just emailed what my dealer will sell his first one for (after being guaranteed an allocation three weeks ago). $10,000 over msrp...I bought my last GT500 from them and have had 4 total cobra/gt500's ('97, '04, '10, '14) over the years and never been charged more than a tad over invoice. I am the sales manager at a Nissan dealership so I know how this works. He said that price is the "market"...which I cant disagree with but even my "buddy" discount didn't work lol. They know what I do for a living and I even know the guys at the ford store...but the price will be the price, I guess. I have another alternative working at another dealer but thought I would share that the pricing IS GOING TO BE NASTY ON THESE cars when they come out...just watch out. I am a GT500 guy at heart even though I have a GTR and a Charger Hellcat right now...I hate that I wont get to get one due to the price. I love my cars...but I am not an idiot.

Scott

 

[Epiphany]

"...never been charged more than a tad over invoice."

Consider yourself lucky. Too bad luck is never a constant.

I was in the F&I game years ago and know how this works as well. And you're right, the way this one looks like it'll play out kinda stinks. I made my msrp deal over a year ago from a great dealer in Missouri (I'm in NY). If I can buy every car from them while I'm still walking the earth, I will.

 

[edmd007]

So is there no "R" for the GT 500? Seems as though the track package is where the Carbon Wheels, GT4 wing come from. If there is no R, I wonder how dealers will do the ADM since technically, every one of these could be built the same and there will be nothing distinctive such as R designation driving even higher ADMs for those models. Was this fords way of evening out ADMS?.

 

[Dominator961]

No, I feel you are missing the point. A private business can set its prices for its products to anything it wants to. Supply vs. Demand. So, yes, it does give them the right to price it however they want. You as a consumer, have the right to either pay it, or not. If you decide not to pay it, you may run the risk of not getting the car either.

If I have one car, and 10 people who want it. Eight of those 10, are willing to pay me over the asking price, guess what? I am going to maximize my profit.

As a consumer do I like this practice? No, but as a seller, the car is mine, I can sell it for whatever I want.

As far as your friend who has two Ford GT's. What does his social media presence look like? What kind of influencer is he? If he's just some guy with money, who is going to just drive the car to a car show, Ford doesn't want that kind of an owner with this car.

Oh you mean like Jay Leno? A guy with deep pockets that will never race the car or track it as it was intended.
My friend tracks his current cars and is well known.

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