GT350 Dealers List.

[Cruzinaround]

That's only one piece of it. If Ford says we are gonna get twenty cars in the first year then we likely wouldn't charge an ADM.

Still not a good enough excuse to charge ADM in the first place.

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[R 350 gt Donson]

How does not knowing what the sticker will be have any relevance as to whether or not ADM will be charged? What you're saying is, if the sticker is low enough and demand is high enough to get ADM then that's what you'll do. Just say this upfront so everybody knows and can make the decision whether or not they will choose to deal with you...:shrug:

Well said !! (it's what I was thinking)

 

[R 350 gt Donson]

That's only one piece of it. If Ford says we are gonna get twenty cars in the first year then we likely wouldn't charge an ADM.

I doubt any dealer is getting 20 car in one year...more like 3-4 if they are really lucky...So I guess a ADM is in order..? yes?addle:

 

[FiveLiterDreamer]

Still not a good enough excuse to charge ADM in the first place.

Keep in mind I don't determine whether or not there is an ADM, in fact in my initial post I stated that as a sales person I prefer there not to be an ADM because I believe it stresses the customer dealer relationship.

So I suppose my next question would be why wouldn't you just wait a few months until the initial hype dies down and buy at MSRP or even below!

My point is that people make sacrifices to be the first on their block to have a new item. I've done it for iPhones by waiting in line hours before release to get my phone. I've also seen investors or oppurtunist swoop in and buy out a stores stock only to resell on ebay at a profit.

No matter what a dealer or retailer does there is always going to be a sacrifice to be made by the consumer to get a product that has a demand that is much higher than the supply.

 

[FiveLiterDreamer]

I doubt any dealer is getting 20 car in one year...more like 3-4 if they are really lucky...So I guess a ADM is in order..? yes?addle:

Hey Donson! I really don't know to tell you the truth we expected to get one LE and we got seven so it is going to depend and time will tell. I can tell you that today in our annual dealer planning meeting with Ford Motor we doubled our Mustang goal set by FoMoCo. My goal is to turn Village into a Mustang dealer like our across the street rival Les Stanford Chevrolet who is considered the "Corvette King" in our region.

 

[Cruzinaround]

Keep in mind I don't determine whether or not there is an ADM, in fact in my initial post I stated that as a sales person I prefer there not to be an ADM because I believe it stresses the customer dealer relationship.

You at least understand what it does. You still don't see the value of not applying ADM's in the first place

So I suppose my next question would be why wouldn't you just wait a few months until the initial hype dies down and buy at MSRP or even below!

Simply because as a customer you expect to pay a fair price no matter where in the life cycle of the model you purchase at.

My point is that people make sacrifices to be the first on their block to have a new item. I've done it for iPhones by waiting in line hours before release to get my phone. I've also seen investors or oppurtunist swoop in and buy out a stores stock only to resell on ebay at a profit.

Apple limits the amount of devices per customer. So this is a piss poor example. But, Apple the MANUFACTURER also doesn't put an ADM on their product. The price they suggest is the price they sell it at. Any of their dealers...honor that price or do better. The ones on eBay are known to be overpriced...Thats why they often don't sell in the timeframe the auction is set for. TRY AGAIN.

No matter what a dealer or retailer does there is always going to be a sacrifice to be made by the consumer to get a product that has a demand that is much higher than the supply.

This seems to only be the case in the retail sector you live and breathe in. More bullets to bolster the benefits of a direct buy model and completely cut the dealerships out of the equation.

 

[FPCV8YO]

The title of this thread should be ADMs are they fair or not. This thread has nothing to do with dealers and whether or not they are selling vehicles with ADM or not I would bet that like my dealership most dealers do not even know if there will be an ADM or not. So maybe I can drop my name and put in my two cents on this issue. We will have GT350s at Village but since pricing hasn't been announced and our allocation hasn't been determined we can not say if there will or will not be an ADM on this vehicle at this time. As a sales person I agree with points on both sides. Price should be determined by Supply V. Demand, after saying that IF dealers do decide to charge an ADM then I personally believe that those who are patient and would rather not have to pay an ADM will get a GT350 by waiting and being patient. Just like the GT500 I believe Ford will build as many as the public demands. On the flip side of the coin I would love to not see an ADM on this vehicle especially if Ford can get a lot of vehicles out there at first that way I can sell all my customers off of my growing list and make myself some money. Keep in mind that most dealers do not pay Sales People any money off of an ADM charge. I'd rather sell you 10 cars over the course of your lifetime than one car and you resent me.

Good point. ADMs are decided at the GSM / GM level.

 

[JimmyTwoTimes]

Things cost what people are willing to pay for them. I wanted to buy a condo about three years ago or so, and showed up at the open house and made an offer on the spot for the amount that the seller was asking for. Later that day, they got an offer from somebody else for $50K above what they were asking for. Obviously, I didn't get the condo.

Markets are markets. You can't say that it's "unethical" for a dealer to ask for more than MSRP any more than you can say that it's "unethical" for a customer to ask for less than MSRP.

 

[Cruzinaround]

Things cost what people are willing to pay for them. I wanted to buy a condo about three years ago or so, and showed up at the open house and made an offer on the spot for the amount that the seller was asking for. Later that day, they got an offer from somebody else for $50K above what they were asking for. Obviously, I didn't get the condo.

Markets are markets. You can't say that it's "unethical" for a dealer to ask for more than MSRP any more than you can say that it's "unethical" for a customer to ask for less than MSRP.

Way off the mark. Things cost what the seller believes its worth. Period. Markets are created by the seller's, not by the buyers. Buyers sustain it at the levels the sellers seed it at. Again not rocket science. If the sellers were the Manufacturers... ask yourself if they would put ADMs on their products. It becomes a Buyer's market when the audience no longer accepts what the seller's are peddling.

If you encounter people who have a sense of entitlement and don't accept not getting what they want... this is typically a guppy or the "whale" that the sellers look to land and its literally these suckers that skew the trends in any Market. These are typically wealthy people with more money than brains.

They are also the ones who lose out in the long run when they can't get enough back on their purchase when they finally decide to sell it. For a prime example ask all the buyers of the 2005 Ford GT's that bought them at 250k when the MSRP was only 150k. They will likely never see anything to fill that gap. They lose.

 

[Dave2013M3]

It all comes down to finding a match between what the customer is willing to pay and what the dealer is willing to sell for.

Absolutely correct, that's the definition of "Market Value". You can't blame the dealer for trying to make money.

No one wants to pay ADM, but with this car I have a feeling the first 6 mos. or so there will be some ADMs. Sure a few dealers will sell for MSRP but not enough of them to where it will make it the norm.

Of course a lot of it is going to depend on how many of these Ford is going to build.

Dave

 

[101charley]

There is no way a dealer or a salesman can defend ADM. It is a pure "rip-off." The sucker who pays it and doesn't care probably doesn't resent the dealer. He could not care less. But everyone else who sees the absurd mark ups will see it for what it is. You anger and push away dozens of customers in order to get one sucker to jump. I really can't see how that makes good business sense. Hopefully someday in the future the Tesla model will finally drive the vultures away.

The thing is - it is not really a fair market. The ADM is created by greedy dealers. It is a fabricated situation to take advantage of a few suckers. I would absolutely be willing to pay a fair price for what I want. I do my research and I know what the car is worth and what is fair.

 

[thackl]

The dealers should get market rate for these cars...I'm just interested in paying it. I'll look at the GT4 and anything else that looks interesting at the time.

 

[FPCV8YO]

The dealers should get market rate for these cars...I'm just interested in paying it. I'll look at the GT4 and anything else that looks interesting at the time.

The GT4 starts at like $85K. Even the R won't sticker near that.

 

[Dr Chill]

Way off the mark. Things cost what the seller believes its worth. Period. Markets are created by the seller's, not by the buyers. Buyers sustain it at the levels the sellers seed it at. Again not rocket science. If the sellers were the Manufacturers... ask yourself if they would put ADMs on their products. It becomes a Buyer's market when the audience no longer accepts what the seller's are peddling.

If you encounter people who have a sense of entitlement and don't accept not getting what they want... this is typically a guppy or the "whale" that the sellers look to land and its literally these suckers that skew the trends in any Market. These are typically wealthy people with more money than brains.

They are also the ones who lose out in the long run when they can't get enough back on their purchase when they finally decide to sell it. For a prime example ask all the buyers of the 2005 Ford GT's that bought them at 250k when the MSRP was only 150k. They will likely never see anything to fill that gap. They lose.

You don't get the idea of capitalism and the law of supply and demand. It doesn't matter what the MSRP or "asking price" is. It matters what the purchasers are willing to pay. If there are buyers for every GT350 produced at $5000 over MSRP, then the market price is MSRP plus $5000 thus indicating Fomoco left an additional $5000 on the table and that with the following model year the price will be significantly higher. If there are only a handful of buyers at MSRP plus $5000, the market price will then decrease until the sweet spot is found.

The Z/28 is a good example of how the whole process played out. There were very few buyers over MSRP, some at MSRP, more at under MSRP, and then they flew out of the dealership in late December when there was a 20% promotion offered for 2 weeks on the oldest 15% of Camaros in inventory.

No matter how you cut it, a $55000+ Mustang is an expensive car and the more costly it gets, the lower the pool of prospective buyers there is. I suspect the GT350 pricing will be at or slightly above MSRP until about 4-6 months after release despite some dealerships clinging to a $5000+ ADM hoping some naive buyer will walk in and buy. Most GT350 buyers will be car enthusiasts who are not novices and shop around.

I applaud this thread to help potential buyers find a dealer who will allow them not to overpay for their GT350. The OP needs to regularly update his first post to list the names of dealers with confirmed offers to sell the GT350 at or below MSRP. I am hoping to get a GT350R to join my Z/28 in the garage. Although, that Cayman GT4 looks pretty sweet too.

Those who say buyers who balk at a $2000 ADM should not be purchasing such an expensive car are wrong. I just choose not to be impulsive and buy when prices are lower. That way the money can be put to better use elsewhere. Patience is a virtue.

 

[Five Oh Brian]

Markets are markets. You can't say that it's "unethical" for a dealer to ask for more than MSRP any more than you can say that it's "unethical" for a customer to ask for less than MSRP.

Like it or not, folks, this is the truth. We live in a Free Market Economy. Refer back to your college economics classes and read up on Adam Smith and the "Invisible Hand" that guides pricing in our free market based on supply and demand. For those who don't understand the basics of our free market economy, the basic premise is that if a price is too high or too low, the market will act to get the price into an equilibrium.

So, in reference to GT350 pricing, if pricing is too high initially, buyers won't buy and eventually sellers will have to lower pricing until buyers start to buy. Likewise, if pricing is too low, then buyers (often brokers) will swoop in to snap up cars cheap and will resell them to make a quick profit. Either way, pricing will eventually balance out and supply will equal demand. Basic Economics 101 folks.

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