My number came up on the waiting list... but ADM

[krt22]

Bingo, it's just a completely different animal out here. Really hard to fully explain unless you live and deal with it.

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[FPCV8YO]

All good. What if it was 3500 over for the 2016? Everyone has a price, that was the point I was trying to make and unfortunately in this arena of buyers, there will be a few whoopers that throw off the whole market

As we stated in another thread, if local, I'd pay a small ADM equal to how much I would have to spend on shipping should I find an MSRP deal out of state so, $3,500 would still be too high even for a local dealer to me.

 

[Cruzinaround]

That's a well written post but it does ignore the fact that many on the coasts make a lot more than those in the middle of the country. I remember reading years ago as a working engineer that bus drivers in California were making (a lot) more than me.

I think that's why you see the really big ADMs in CA. Many more people there are making WAAAY more money. Also, in CA there are a lot more people who are willing to drive a GT350 year 'round. Here in Minnesota most people (who aren't crazy like me) feel they have to have the GT350 as a second car. That really limits how many people can afford it. I wouldn't buy one if I felt I had to also purchase a second car for foul weather days.

So you can see that demand will be different based on cash available and perceived year-'round usability. So the price in the free market will tend to be higher where demand is higher.

Correct...those incomes are to scale with the cost of living in those regions. The basics tend to be the same...Eggs, Milk and even Fuel. The rest is all subjective to the level of gentrification the area will attract. But the Bus Driver in Cali certainly gets a lot less for his money than the Bus Driver in Minnesota. A closet for 2k a month to call home as opposed to a 1400 square foot home and a yard which is more common in middle America.

The all year drivability makes sense again if you come from Cali. But at the cost of less available locations for the high octane fuels that will wake a car like this up. Driving it everyday on the lower octane with the ECU retarding things is also going to translate to a car I wouldn't want to buy used when the guy in Cali grows tired of it. And the luxury of living in a 4 season summer state is you can focus on owning the one car.

Where the rest of us come from living in the country we'll have a need for a car we use to plow or tow or go off the main road with. So this is a second car unless you do as I do and get the second set of Wheels and Tires for dedicated winter driving. And leave the Utility vehicle home for the wife and kids. Or own a Tractor or Quads and other utility vehicles for maintaining the grounds.

I fall between the above and the following...But pull well above the CEO income for either Coast..... And I still wouldn't pay ADM. Simply because I work hard for my money.

Or Suburbia sprawl where the average household has two or more working adults who will require separate vehicles to get to and from work. And where super commuting has become common place to live with a posh lifestyle in an area where the return for your money is more while working in a metropolitan area 2 or more hours away to make the kind of money the guy in CALI has to make in order to rent that closet and own a GT350.


The GT350 is still a car for what would be the new Middle class. Not the poor. And it would be a indulgent buy for those who are wealthy.

FORD says its going to be surprisingly affordable. YET....Many Dealers have a penchant for not living the brand ideals they are supposed to represent.

 

[kpflynn]

Let me guess...Bickford?

I just got this reply from them:

" The order banks at the factory are open now, and production will start within the next week or two. I can order the car to your specs. The MSRP on the car with the tech package is going to be approximately 70000.00, and I am ordering them for 17500.00 over the MSRP."

So not only are they trying to charge a $17,500 ADM, they are lying their ass off on the MSRP.

 

[u8mylunch]

I talked to a local dealer and they wanted to add their 1K enrollment fee into the price because they were only getting one per year. Which probably is fair from their side of the yard.

 

[krt22]

I would have paid the 1k enrollment fee if I found the car locally, no doubt.

 

[Cruzinaround]

Let me guess...Bickford?

I just got this reply from them:

" The order banks at the factory are open now, and production will start within the next week or two. I can order the car to your specs. The MSRP on the car with the tech package is going to be approximately 70000.00, and I am ordering them for 17500.00 over the MSRP."

So not only are they trying to charge a $17,500 ADM, they are lying their ass off on the MSRP.

Well you have it in writing...it is submittable to the BBB as a price gouging incident since they are claiming the MSRP is 70k with the Tech package. We all know the MSRP. So these guys are attempting a 27k+ markup and painting themselves in a corner assuming you know nothing.

And why do we call Dealers vultures???

 

[Poppacapp]

So..lets say down the road you get a car at MSRP, you really like the dealer and would hope to continue future business with them. 6 years from now there is some new icey hotness, but there are plenty to go around at this point. Your primary dealer is giving you 1k off MSRP. You go to the large volume lot taht was asking ADM previously and they are giving you 1k off invoice. Would you be willing to pay more just because of some previous practice by the dealer?

I would not pay ADm for the car I bought, but if you were offered a MY2015 R model for 5k over..would you pass on it?

No I would not. Its called principles. I would do business with the non adm dealer

 

[Strokerswild]

That's a well written post but it does ignore the fact that many on the coasts make a lot more than those in the middle of the country. I remember reading years ago as a working engineer that bus drivers in California were making (a lot) more than me.

I think that's why you see the really big ADMs in CA. Many more people there are making WAAAY more money. Also, in CA there are a lot more people who are willing to drive a GT350 year 'round. Here in Minnesota most people (who aren't crazy like me) feel they have to have the GT350 as a second car. That really limits how many people can afford it. I wouldn't buy one if I felt I had to also purchase a second car for foul weather days.

So you can see that demand will be different based on cash available and perceived year-'round usability. So the price in the free market will tend to be higher where demand is higher.

A fair amount of truth here.

I'm a Mechanical Engineer, and the wife works in an engineering capacity in a casting foundry quoting department as well. We make fairly decent money, but NOTHING like we would if we lived elsewhere (even moving to the Twin Cities, ~2 hours away, would offer a healthy bump).

My GT is a "second" car (more accurately fourth, behind two DDs and one old car I've had forever), i.e. a weekend, fair-weather (the five months that MN offers) toy that doesn't see daily duty. Hell, I'd love to buy a GT350 (and ponder how I could do it), but since the one I want would sticker for ~$58K I don't see it happening - ADM, no way in hell. That's a fair swing in cash outlay over what I have. I wouldn't personally call the GT350 'affordable' by my income.

Of course, the fact that I put over 20% of my wage into retirement and want my home paid off by the time I'm 50 (or shortly thereafter) has an impact on my 'allowable' disposable income.....

 

[Blk2015GT]

Granted, but highly doubtful. However, lets just say they did. It would likely not be in the 17.5 k to 20k+ range that the dealerships are currently trying to butt rape people for.

Nor would it be for the 100% markup that some dealers on here have said they are going to ask for the new GT's.

If its more like what Tesla is or what Saturn used to be....Then perhaps even Google cars and then Apple Automotive in the not too distant future..... You Still wouldn't see such a gross Markup.

This is a problem only seen with dealerships and only driven by greed. If it were truly driven by a demographic model like the one FORD used to determine their MSRP against Production costs and Targeted income groups. Then you would not see such extreme ADM's. What would be reasonable is absorbing the cost of the dealer guaranteed allocation and maybe the cost of shipping between their network of dealerships. So maybe 1k to 3k... Maybe. MSRP would still be the goal to both net a dedicated customer and represent the brand's promise of surprising affordability for this vehicle. Anything outside of that is misrepresenting what FORD stated publicly.

Well $20k is crazy, but a few thousand bucks is what it is; they are a limited run car (for as much as anyone knows right now at least). The ADMs are high right now because there are non for sale yet, so they only have the die hards calling right now. When they actually have one on the lot and can't get $20k over MSRP the ADM will come down quite a bit quickly. There will be very few that sell $20k over MSRP.

Never pay ADM for a car that will be made in the thousands. Remember 2007 GT 500 now there are close to 40K of them out there. Dealers tried the same thing back then. Some people paid but most did not. Stay FIRM ! Also remember there will be another GT500.
Chevy tried to sell the new Z/28 @ MSRP and most sat on the lots. They finally had to discount those things $8k and up , not sure how many are gathering bird crap as I write this.
My point is $60k is the break point for these pony cars.

Again, I've said this here before, but you cannot look at the GT500 in hindsight. Just because it happened then does not mean it will happen with the GT350 too.

The Z28 is a bit different situation, and also priced WAY over the GT350 starting at $72k and up from there. The GT350 is more in the affordable category for many many more people starting in the high 40's MSRP. They were too expensive to begin with at MSRP for 505hp on a track car.

 

[ElSanchez302]

Exactly. If they are the type that earned it, they wait until the time is right to make the deal. I've been dealing with people like this and their expensive original shelbys and Cobras all day for the last 9 years. I've been talking to them about the new gt350 as well.

If you really want to believe that, come sit in a dealers seat for awhile. You are right, some do, but not car guys. Car guys who have endless cash have no fear of slapping down another few % to get the car they want. Remember, the GT350 is a WANT, not a NEED.

 

[ElSanchez302]

You can't see how a dealer gouging a customer over msrp is not an insult? Let me guess.... you are in the car business. LOL :lol:

Only someone who hates a dealer, as you appear too, would call it gouging.

Business 101. Don't leave money on the table.

Business 101-A. The market for any product is set by what one is willing to pay for it.

I think I've covered that. I guess you and I won't get one, sucks, but that's the biz.

 

[ElSanchez302]

Someone needs to start a thread listing all the Dealerships charging ADM(hmm... an idea). This way everyone on this forum can see which dealerships NOT to do business with in the future.

Or they can see which dealer CAN guarantee them a car if they are ok with ADM.

You must be a peach to work with. :lol:

 

[ElSanchez302]

Never pay ADM for a car that will be made in the thousands. Remember 2007 GT 500 now there are close to 40K of them out there.

My point is $60k is the break point for these pony cars.

Uh, no there wasn't that many 07 GT500's produced. I believe rthere were about 9k made.

And the old GT500 sold for over sticker usually with an MSRP of 65K-$68k. So, $60k seems high, but not a breaking point. A loaded F150 now is $60k+. Loaded Focus is even close to $35k. Cars are expensive now.

 

[Rated R]

Only someone who hates a dealer, as you appear too, would call it gouging.

Business 101. Don't leave money on the table.

Business 101-A. The market for any product is set by what one is willing to pay for it.

I think I've covered that. I guess you and I won't get one, sucks, but that's the biz.

But I will, and I will be paying MSRP. In return, my dealer will be getting at least one truck sale from me within the year, probably two. Later they will get additional sales. I sold them my B302 when I could have gotten more elsewhere. You see how that works? If you don't understand this it's called cultivating client relations for a long term relationship and return business.

Galvin can do whatever the hell they want. They're the biggest giant behemoth dealership there is. But for someone like me who doesn't like to get gouged, I have no reason to do business there.

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