ADM Hell! Ford!!!!

[The Demon]

Sometimes it seems that life isn't fair. Life is what it is. People will argue and debate over ADMs as long as they exist. Usually the ones up in arms are the ones that feel that nothing should be sold over MSRP. I think the only FP vehicle I bought at MSRP was my base R, and I had to have it shipped from MO and fly there back and forth to close the deal.

Either pay or don't. That is it. That is life. Not everyone gets a trophy or sprinkles on their ice cream.

I'm out, have fun beating yourselves up over another entitled ADM thread.

I’m assuming you saw the article today about paying over MSRP. In 2019 0.2% of car sold over MSRP. Last year 80% were sold over MSRP. That tells me the dealers are taking advantage. Go buy your card over MSRP my friend.

I paid cash.

i’m not saying you didn’t but that’s my point. For a $100,000 car you don’t finance. I would buy it out right with cash.

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[nmp1]

I would like to see what would happen with the free market argument in other business. If home depot jacked up the prices of snowblowers just before a big snow storm or if best buy jacked up the price of the new playstation a month before christmas and said it a free market and these items are in demand.

Ford needs to allow dealers to submit orders with copies of signed legal contracts and ford can approve/deny them based on a marked up. problem solved.

Its time to allow a simple application to reward brand loyalists first and keep these cars out of the hands of flippers and ADM dealers. add on a contract not to sell it for 2 years like the ford gt.

 

[shogun32]

Who the fuck finances is a GT500? You buy it and put it in your garage.

it's simply leveraging a well established business process. Just because you financed it thru Ford Credit doesn't mean you can't make just one payment and discharge the loan. Hell, Ford can charge something usurious, like 7% with a 1 month grace period. It then becomes in effect a 'cash' purchase.

The point is to eliminate the dealer from the process except as a perfunctory agent of the DMV for purposes of title.

 

[Firsttexan]

I would like to see what would happen with the free market argument in other business. If home depot jacked up the prices of snowblowers just before a big snow storm or if best buy jacked up the price of the new playstation a month before christmas and said it a free market and these items are in demand.

Ford needs to allow dealers to submit orders with copies of signed legal contracts and ford can approve/deny them based on a marked up. problem solved.

Its time to allow a simple application to reward brand loyalists first and keep these cars out of the hands of flippers and ADM dealers. add on a contract not to sell it for 2 years like the ford gt.

Ford doesn't care about loyalists and neither does ANY other mass produced car maker.

Car dealers are not Home Depots. They are all ruled by complex franchise agreements which go over most peoples head including mine.

Ford has rights, dealers have rights. What we are seeing right now is both parties exercising those rights.

And we have the right to not purchase.

 

[DopamineQuest]

I would like to see what would happen with the free market argument in other business. If home depot jacked up the prices of snowblowers just before a big snow storm or if best buy jacked up the price of the new playstation a month before christmas and said it a free market and these items are in demand.

Ford needs to allow dealers to submit orders with copies of signed legal contracts and ford can approve/deny them based on a marked up. problem solved.

Its time to allow a simple application to reward brand loyalists first and keep these cars out of the hands of flippers and ADM dealers. add on a contract not to sell it for 2 years like the ford gt.

People would either buy snow blowers or playstations or not. Then the market would adjust. Have you seen graphics card prices in the last two years lol? For example MSRP for a RTX 3080 graphics card was $699.99 and still is. They've been sold out since the release date and pretty much impossible to get. They've been jacked up to 1k+ from stores, and then flippers have been buying them and selling them for $1500, since September 2020.

Ford isn't going to do anything about the ADMs. They like it, it's free marketing and hype.

 

[shogun32]

n 2019 0.2% of car sold over MSRP. Last year 80% were sold over MSRP. That tells me the dealers are taking advantage

more to the point, from where did all these consumers come from who are so flush with cash (more like credit) who are so desperate for a car they are willing to pay these markups across the board? Did we have an immigrant invasion? Are cars falling apart in gross excess of historical trends? Are we driving way more miles all of a sudden?

Ok, fine the banks are largely at fault for underwriting this very temporary market distortion, first on the used car side, and then the new side. If only the risk could be properly crammed up the asses of the banks, but the regulators are all in on blowing this latest financialization bubble, and there are "investors" foolish enough to throw real money at the banks to buy these high-risk assets and incur the loss risk...

What we need are regulators doing their damn job and a neutron bomb in Wall St and Chicago for good measure. And the cost to borrow at the discount window needs to be somewhere between 7 and 15%. This nonsense would stop COLD.

 

[Hells Fury]

more to the point, from where did all these consumers come from who are so flush with cash (more like credit) who are so desperate for a car they are willing to pay these markups across the board? Did we have an immigrant invasion? Are cars falling apart in gross excess of historical trends? Are we driving way more miles all of a sudden?

Ok, fine the banks are largely at fault for underwriting this very temporary market distortion, first on the used car side, and then the new side. If only the risk could be properly crammed up the asses of the banks, but the regulators are all in on blowing this latest financialization bubble, and there are "investors" foolish enough to throw real money at the banks to buy these high-risk assets and incur the loss risk...

What we need are regulators doing their damn job and a neutron bomb in Wall St and Chicago for good measure. And the cost to borrow at the discount window needs to be somewhere between 7 and 15%. This nonsense would stop COLD.

 

[dethmaShine]

nobody may like it, but this is the business model. These cars, these allocations, belong to the dealer. The dealer is currently under no obligation to sell for MSRP. End of discussion, really.

Please, none of this "we will all band together stuff". What you are witnessing is a free market economy.

Edited to add:
I worked my ass off for all the deals I got on my FP vehicles. It is a hunt and a frustrating game. Those that don't want to play will pay if they have to have it. If anyone wants one, better hussle and pick up the phone and start making deals. Oh, and forget about MSRP.

This is not a free market. Literally not a free market where you have middleman who are the only ones allowed to interface with the manufacturer and the users can only talk to the middleman.

This market is pumped up because it’s not a free market otherwise the users wouldn’t have to whore themselves out to their nearest dealership.

 

[oregongt350]

Unfortunately, it’s a simple supply and demand situation. It’s not going to change any time soon.

Read today’s WSJ, big write up on GM and Ford charging over MSRP for all vehicles

 

[Inthehighdesert]

That is exactly what is going on with building materials currently, specifically lumber. Osb is back up to north of $40 a sheet. Was low $20’s, mid December. Framing package on one of my spec’s is up 20k in the last 20k. Am I pleased, no. Me sitting around bxtching isn‘t going to accomplish anything. What you guys are arguing for is a socialistic business model, and on a performance car. Lol. These cars are about brand identity, not profits. Not in the grand scheme of things anyway.

I would like to see what would happen with the free market argument in other business. If home depot jacked up the prices of snowblowers just before a big snow storm or if best buy jacked up the price of the new playstation a month before christmas and said it a free market and these items are in demand.

Ford needs to allow dealers to submit orders with copies of signed legal contracts and ford can approve/deny them based on a marked up. problem solved.

Its time to allow a simple application to reward brand loyalists first and keep these cars out of the hands of flippers and ADM dealers. add on a contract not to sell it for 2 years like the ford gt.

 

[Hells Fury]

Read today’s WSJ, big write up on GM and Ford charging over MSRP for all vehicles

Alot of talk unfortunately

 

[Inthehighdesert]

There’s numerous reasons to finance it. The most obvious is return on investment. Local credit union is 2.65 percent, cash makes 40% some where else. Easy decision.

I’m assuming you saw the article today about paying over MSRP. In 2019 0.2% of car sold over MSRP. Last year 80% were sold over MSRP. That tells me the dealers are taking advantage. Go buy your card over MSRP my friend.

i’m not saying you didn’t but that’s my point. For a $100,000 car you don’t finance. I would buy it out right with cash.

 

[oregongt350]

That is exactly what is going on with building materials currently, specifically lumber. Osb is back up to north of $40 a sheet. Was low $20’s, mid December. Framing package on one of my spec’s is up 20k in the last 20k. Am I pleased, no. Me sitting around bxtching isn‘t going to accomplish anything. What you guys are arguing for is a socialistic business model, and on a performance car. Lol. These cars are about brand identity, not profits. Not in the grand scheme of things anyway.

Socialism at its best, price controls, let’s see how the ADM haters would react if the government set and maintains their wages

 

[nmp1]

Ford doesn't care about loyalists and neither does ANY other mass produced car maker.

Car dealers are not Home Depots. They are all ruled by complex franchise agreements which go over most peoples head including mine.

Ford has rights, dealers have rights. What we are seeing right now is both parties exercising those rights.

And we have the right to not purchase.

And im sure ford has just as complex a franchise agreement.

since ford is trying to be taking seriously against some of the high end compitetion, its time they get serious. porsche doesn't sell their top models to just anyone, you have to be approved(bascally show that you support the brand), and if you get caught flipping it you get blacklisted. ferrari doesn't allow their dealers to sell over msrp.

Ford pretty much cut the dealers out of the ford gt sales so it can be done.

 

[nmp1]

Socialism at its best, price controls, let’s see how the ADM haters would react if the government set and maintains their wages

if its fair for dealers then it should be fair in all markets and industries. remove all price gouging laws and allow the people with the deepest pockets to set the prices. if your for a free market then you can't pick and choose where it is and isn't ok, allow a total free for all.

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