FOUND 3 GT350 at MSRP

[radioactive]

Where's the joke? If I have that scratch to drop on something I find at a fair price and There are more than one person out there with good morals to sell the product at a fair price. Why not? I do have 3 teenagers who are just as enthusiastic as I am about cars. And pre teen twins who are also into cars. Maybe I'm getting two so I have a daily driver and a weekend warrior? Why would anyone care except to say good for you?

Maybe I'm so tired of all the dealers that take advantage of us and see us as opportunity to rob us that I want to get a fair and honest deal when I can get it. If I buy one Viper, or a Z06 or a 911 then I'm in the same boat as buying 2 GT350's. I did mention on a thread somewhere I would like to have 3 if I could..... A tech, a track and an "R".

So call me a sociopath? Or call the post a joke? If it makes you sleep better at night then great.

I'd be happy to get one. Just one at a fair price. No ADM. If I can get 2 it's not like I'm going to flip it and ask Hack or any dealers to buy it off me for 20k over MSRP. Although it would certainly be my right to do so ....If I actually own it right? I mean I'm not going to have a loan on it....it should be paid in full and all mine free and clear. I can literally sell it for whatever I want since it's really mine. Not like what most dealers are gonna do to us by asking for a pot of gold in exchange for something they don't really own. That's like selling you the Golden Gate bridge

Instead, I'm going to keep it. Drive it and if things pan out.... The other one too. Maybe track them both with my oldest son or daughter nipping at my heals in one.

Whatever I do. It was never meant to piss any of you off. It was meant for me and mine to experience the joy that comes from it. So the real joke is.... how a few who are so pro ADM and free market and capitalism are flipping out over when capitalism works in favor of the consumer instead of the vultures calling them selves a dealer.

Yep I said it.

Not to beat a dead horse here, but after repeated requests you have never explained how you know that dealers receive their vehicles on consignment. They do not. Each dealer is invoiced at the time or very soon after the vehicle leaves the factory. In many cases a dealership owns the vehicle even previous to shipment. This knowledge may alter your view on ADM. I'm not suggesting that you have to like it, but as per your previous comments they were much different depending on whether or not the vehicle was owned or consigned by the dealer. You stated that you would be comfortable charging more if you sold it as you were the outright owner. No difference. However, I must give you kudos for offering the difference to a deserving charity.
Btw, I am aware of this fact from being involved in the industry. I must also state that I am neither pro nor con regarding ADM. Everyone's opinion, circumstance and reaction will be different. Plus, your milage may vary

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[Cruzinaround]

Not to beat a dead horse here, but after repeated requests you have never explained how you know that dealers receive their vehicles on consignment. They do not. Each dealer is invoiced at the time or very soon after the vehicle leaves the factory. In many cases a dealership owns the vehicle even previous to shipment. This knowledge may alter your view on ADM. I'm not suggesting that you have to like it, but as per your previous comments they were much different depending on whether or not the vehicle was owned or consigned by the dealer. You stated that you would be comfortable charging more if you sold it as you were the outright owner. No difference. However, I must give you kudos for offering the difference to a deserving charity.
Btw, I am aware of this fact from being involved in the industry. I must also state that I am neither pro nor con regarding ADM. Everyone's opinion, circumstance and reaction will be different. Plus, your milage may vary

A dealer told me. How about that. Or you can simply look up for your own education how to start and run your own car dealership. They are bankrolled for the inventory. They have to carry insurance on the inventory simply because if the business goes up n smoke someone is left holding the notes on all that inventory. And its not the dealership. It's their financier. And the insurance covers it.

 

[Spa2k]

Sort of like a house - you (the dealer) own it and are responsible for maintaining it, but the mortgage company (bank) gets paid first if it's destroyed.

 

[PP0001]

I know.

BTW.... If any of you who are pro ADM want one.... after I get them you can make an offer.

I would expect at least 15% more than the highest confirmed ADM and all the overhead over the MSRP will go to a verified charity of your choice.

Now that's something you'll never get from a dealer. And I'll hand you the receipt for your charitable donation so you can claim it in your tax returns.

Then you'll have something tangible in return for that extra instead of a depreciating value on a car.

Take from the greedy and give it to the needy.

Based on all of your previous dialogue on this forum you can bet we are all going to jump all over this offer!!!

I can just see all of the offers for 15% above the highest confirmed ADM just piling in.

BTW, where do we find the highest confirmed ADM and how long do we wait?

:lol:

 

[Poppacapp]

A dealer told me. How about that. Or you can simply look up for your own education how to start and run your own car dealership. They are bankrolled for the inventory. They have to carry insurance on the inventory simply because if the business goes up n smoke someone is left holding the notes on all that inventory. And its not the dealership. It's their financier. And the insurance covers it.

Yep, this is the whole reason for Holdback. It helps cover the costs on the car sitting. The longer it sits, the more holdback is eaten up. Usually is gone after 90ish days.

 

[Hack]

However, I must give you kudos for offering the difference to a deserving charity.

You want to give this guy a huge tax write off while he pretends he's being a good guy??

 

[Cruzinaround]

Based on all of your previous dialogue on this forum you can bet we are all going to jump all over this offer!!!

I can just see all of the offers for 15% above the highest confirmed ADM just piling in.

BTW, where do we find the highest confirmed ADM and how long do we wait?

:lol:

Hmmm... Good question. I'm just happy to get one car. But, obviously will be even happier if I land two. However, believing that setting a tone and leading by example will bring out the best... I think if I did get a second one I really would consider netting a good amount for any of my charities. I also would have no argument if there was an ADM coming from a dealership if ....instead of rolling me for my money for their own pockets they instead took that ADM and gave it to one of my charities. And handed me the receipt so I can at least claim the charitable contribution as mine.

I'd do the same if there was a crazy offer for one of mine and I seriously didn't want it. I say want because lets face it. I really don't need it. I just WANT it. On the other hand I also understand that this car was not tailored to address the elitist demographic where they feel they are entitled to have anything they want simply because they have deep pockets. FORD intended for the car to be affordable for what would be the middle class in today's world. So if a dealer slaps and additional 5k or more on a tech package that MSRP's for 56k then the price just shot into a territory where upper to wealthy people will look for something like...

1. Corvette Stingray ($55,000)
2. BMW M3 ($62,000)
3. Porsche Cayman S ($63,800)
4. Cadillac ATS-V Coupe ($60,465)
5. Mercedes C63 ($63,900)
6. Audi RS5 ($70,900)
7. Porsche Cayman. Starts at 60k
8. Dodge Challenger Hellcat. Starts at 59k
9. Chevrolet Corvette Stingray Z51 Coupe 58k.
10. Mercedes CLA 45 AMG. Starts at 50k.
11. TT- RS 58k
12. ZL1 56k
13. 370Z Nismo 43k
14. Z06 80k

The choices are so numerous that for a dealer to charge ADM and alienate the market FORD targeted is simply stupid. Yes I said Stupid.


That said I appreciate the way Donson thinks. He may be able to afford the car and an ADM, but he still wouldn't throw his money away. And although he is very modest in his bragging about what he can afford while not revealing too much about himself, you can tell he is a good person with his heart and his head in the right place, as witnessed by us all in his sharing of this information among all of us on this forum.

I also think that covering the 1k allocation guarantee fee and providing a separate "TIP" for the salesman not an ADM would be fair in return for a pleasurable buying experience, therefore the amount of that tip would be commensurate with how much of a boutique style experience is provided....I'll take a Mocha Latte while you type up my order ...thank you... But, not rolling the tip into the bottom line as an ADM or markup.

I would also expect that the highest ADM's would come from the west coast demographic where the dealers seem to think their client base has more money than brains and are looking to exploit that weakness.

Judging by how few from that area are on here shouting for a dealer to take all their money for whatever amount they sell the car for.... Its safe to say we have more of the intelligent people from that area among us. The rest too bust taking selfies of themselves shopping.

 

[Cruzinaround]

You want to give this guy a huge tax write off while he pretends he's being a good guy??

Why not? Its far more than the dealers will give you. And mind you I'll hand you the receipt... the tax write off would be yours. I would benefit from knowing the extra smack went to something I consider a tangible.

 

[Cruzinaround]

Sort of like a house - you (the dealer) own it and are responsible for maintaining it, but the mortgage company (bank) gets paid first if it's destroyed.

You can bet most would be out of business when the place goes up in smoke. The premiums they'd have to pay alone are crazy. And its highly probable insurance won't cover everything. Likely they are holding portions of the business under LLC's to prevent total losses if the service/ rental and used portions of the business were not affected by such a disaster. But then good luck finding someone to bankroll them again.

You'll need to get investors and funding and of course buy into the franchise agreement. Then have a parcel to build the dealership and then commit to a level of guaranteed volume sales annually, which will determine what margins you are shooting for. More volume equates to lower per unit costs... so you project and gamble here that you can move more volume and net larger margins per vehicle. Or lower volume with less margins on a higher per unit cost.

Still... they don't own the car. They hold a note on all that inventory and it behooves them to move it quickly and offload those premiums they pay on that inventory sooner than later. So I say for all of us who are patient... don't worry, be happy

 

[Steve68]

We're going to need a bigger toolbox.

 

[TexanZSG21]

So...not trying to be too antsy or nosy, anyone here get contacted?

 

[WingnuT]

So...not trying to be too antsy or nosy, anyone here get contacted?

No call here yet. It's a bit discouraging.

Donson, can you find out if all the cars are spoken for yet?

 

[radioactive]

A dealer told me. How about that. Or you can simply look up for your own education how to start and run your own car dealership. They are bankrolled for the inventory. They have to carry insurance on the inventory simply because if the business goes up n smoke someone is left holding the notes on all that inventory. And its not the dealership. It's their financier. And the insurance covers it.

Thank you. You are correct in the fact that inventory is usually bankrolled unless someone has some very, very deep pockets. You're also right about insurance coverage. My whole point is that they are not on consignment from the manufacturer. The manufacturer sells the vehicles to the dealerships immediately who then become the "new owners." As such they can do whatever they want with them.

 

[radioactive]

Sort of like a house - you (the dealer) own it and are responsible for maintaining it, but the mortgage company (bank) gets paid first if it's destroyed.

Bingo!

 

[radioactive]

You want to give this guy a huge tax write off while he pretends he's being a good guy??

Not at all. I was under the impression that the purchaser would get the receipt in their name to claim the deduction. Like that'll happen anyhow.

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