Anyone paying MSRP?

[JimmyTwoTimes]

Most new car sales are $75-100 (Minny's). Salesmen typically only make money on Used stuff. You need to sell a lot of units to make a living.

My car is $2190.15 off of MSRP with X-Plan, that is money I am not willing to give to the dealer. I expect the dealer to make money, any deal that sounds to good to be true, is and is why I'm not driving a Sterling Grey TP/Recaro 2014 right now.

Having been on that side of the fence I don't believe in getting bottom dollar i.e. making a dealer go into holdback (on paper) because unless you a bringing in a check to buy it they are going to make all that money back with creative financing. This is where the expression 'that poor bastard is welded into that car" comes from. Upside down all day long. If you negotiate well below invoice and have a trade....LOL, or have a trade that has money owed on it :lol:

X-Plan is a great price point for Ford Dealers and buyers, true x-plan is a better deal just so they can't hit you with ridiculous 'fees' to print paper.

Wait, do people really finance through dealers? I didn't think that was a thing that anybody actually did.

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[SLVRBACK]

Wait, do people really finance through dealers? I didn't think that was a thing that anybody actually did.

With the interest that they will try and hit you with? Yeah, no thanks.

Paying the car in full and dealing with my bank for the loan. Hopefully ill never have to deal with Ford after the purchase, unless its a warranty issue.

 

[JimmyTwoTimes]

With the interest that they will try and hit you with? Yeah, no thanks.

Paying the car in full and dealing with my bank for the loan. Hopefully ill never have to deal with Ford after the purchase, unless its a warranty issue.

Yeah, I was gonna say, Ford's financing deals are terrible. Like, I got 0.89% from my bank; Ford's offering like 5%.

 

[SLVRBACK]

Yeah, I was gonna say, Ford's financing deals are terrible. Like, I got 0.89% from my bank; Ford's offering like 5%.

Im young, although my credit is good(700+) and I was approved for the first time car buyer and its like 2.4%. I'll take that over 5%+ from Ford.

 

[T8stang]

Im young, although my credit is good(700+) and I was approved for the first time car buyer and its like 2.4%. I'll take that over 5%+ from Ford.

Randolph Brooks offers 1.89. Unless I can get 0 for 60 with FMC I'll go that route. My 06 was o% for 72 my 2010GT was 1.9 for 72 and my current truck is at 1.9 as well. I am never upside down since i put down at least 6-7 grand down on the car and I always have equity. I purchased my last 3 cars from the dealership I used to sell at and got them at employee pricing. They didnt want to work with me on the 15 so I went else where and got invoice for the first time in like 10 years.

 

[scottpe]

I found that a good approach is to go in pre-approved for a loan with a rate/terms that you're happy with, and then give the dealer chance to beat it if they can. They find a way pretty much every time in my experience...

 

[xlover]

Wait, do people really finance through dealers? I didn't think that was a thing that anybody actually did.

Often times the dealer has banks they work with and the rate is just as negotiable as price.... You should be able to get a market rate loan from a dealer partner bank.... And it saves on paperwork


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[doulos4jc]

Ford is currently advertising 0% on certain ecoboost models. Probably not the Mustang since it's not out yet, but could be. Good financing can be had thru dealerships.

 

[StarsStang]

I definitely did not pay invoice for mine ... they tried to pull that with me and i simply got up and started to walk out ... The manager came out and asked what it would take to get me to sign the line that day ... and i said i already told you what i was willing to pay make that happen and we got a deal .. I also had a pre-approval going in the door ... and I was very adamant on what i wanted and how much i would pay because i have encountered a lot of people with the mindset that just cause i am a girl they can rake me over the coals ... I gotta tell you i know more about this car than my husband does and i had all my research right there with me...if you go in prepared and with a plan and stick to your guns you should do alright

 

[scottpe]

I definitely did not pay invoice for mine ... they tried to pull that with me and i simply got up and started to walk out ...

Did you mean to say that you did not pay MSRP for yours, or are you saying that you got below invoice? As I'm sure you know, MSRP and invoice are two very different things...

 

[StarsStang]

Did you mean to say that you did not pay MSRP for yours, or are you saying that you got below invoice? As I'm sure you know, MSRP and invoice are two very different things...

yeah sorry brain working at a different rate than fingers

 

[Tony Alonso]

Wait, do people really finance through dealers? I didn't think that was a thing that anybody actually did.

If they are aligned with local banks, you might be able to get a comparable rate. The last car I purchased was done through the finance department of the dealer. I had already gotten a check from another bank and they beat the rate.

Ford Credit rate's might not be comparable, of course.

 

[Five Oh Brian]

I found that a good approach is to go in pre-approved for a loan with a rate/terms that you're happy with, and then give the dealer chance to beat it if they can. They find a way pretty much every time in my experience...

+1. Most dealers deal with dozens of banks & lenders and have access to awesome deals if you give them a chance to do so.

 

[SlickMcNasty]

Purchase 2015 GT Premium

:shocked: I purchased a 400A GT Premium dealer order date 05/22
J7 Magnetic/Dark Saddle
67G GT Performance PKG
12A All Weather Mats
77R Reverse PK Assist

Total MSRP $39,810 + Tax & LIC
I paid $36,702 for car + T&L

My Car was ordered as Dealer Stock
My Salesman Craig Hunter was Very Helpful, No Nonsense
[email protected]
DID I GET A GOOD DEAL?

 

[Tim Hilliard]

:shocked: I purchased a 400A GT Premium dealer order date 05/22
J7 Magnetic/Dark Saddle
67G GT Performance PKG
12A All Weather Mats
77R Reverse PK Assist

Total MSRP $39,810 + Tax & LIC
I paid $36,702 for car + T&L

My Car was ordered as Dealer Stock
My Salesman Craig Hunter was Very Helpful, No Nonsense
[email protected]
DID I GET A GOOD DEAL?

Sounds like you did not get charged for Dealer Adv Ass. or Fuel Charge. But the numbers add up for the most part for invoice.

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