FOUND 3 GT350 at MSRP

[Cruzinaround]

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.

Not really I only gave you the framework in theory.

What happens more often since it is a franchise is.....

How do car dealers pay for the new cars on their lots? Well, car dealers often use financing to make their car purchases, much like individuals do. They purchase the cars from the manufacturers via a plan called "floor-plan financing."

"Generally, all new vehicles are financed through the manufacturer, and dealers pay interest monthly on that loan," explained Wayne Phillips, a former dealer who now works for the NADA, conducting networking meetings for car dealers. "Dealers have to pay off the [original equipment manufacturers] immediately on new vehicles, but many turn around and finance them through the OEM's finance arm. Most used vehicles are also financed this way, although some dealers own their used cars outright."

This basically suggests that the inventory is owned by the manufacturer BUT the dealer is responsible for that inventory and carrying the insurance on it. Which again means the real owner is the Manufacturer who also bankrolls the dealership.... Therefore the dealers have no right to really place a subjective price over the MSRP since they in fact DO NOT OWN THE INVENTORY. They own the responsibility to sell them in order to satisfy the payment on the loan the Manufacturer just gave them based on the volume they committed to. And that's more like a consignment in theory than a loan since the Manufacturer is more often the lender. The Dealership is working on a revolving door like credit. So when they buy into the franchise and slap their name on the building where this inventory sits.... they in fact tarnish the brand name everytime they add anything over the MSRP.


So you can paint the picture anyway you want and a dealership franchise owner can secure their financing anyway they want, but most lenders aren't going to take a risk like that in a market where the projections can be effected immediately by any economic hit. So most financing is Manufacturer direct my friend.

So in the end your theory holds no weight. They do not own the cars ...they own the responsibility to sell them and pay off the credit they were extended. VERY DIFFERENT FROM THE TRADITIONAL LOAN YOU'RE THINKING OF. So its really not like any of us owning a home.

All these Manufacturers are in fact also their own banks.

Just Saying.

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[ddub68]

Can you just put a Wiki link next time. Damn

 

[Cruzinaround]

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.

Why wouldn't it? Are you making an assumption based on hate? Jealousy? Misinformation posted by others? Explain your perspective since it seems rather biased without reason.... Sort of like Hack(nice guy, just closed minded)

If you grew up learning how to be a free thinking individual who can think for themselves then whats so hard to accept if I said sure... buy my car over the MSRP and all the overhead will go to a Charity? And you'll have the receipt to claim it? You get to take the claim and I get to help a charity. And we both walk away with something tangible.

Imagine that. No one being cheated. Just an honest ethical transaction where no one gets screwed.

In any case the day is almost over and well..... my guess is no one received a call from Donson's source.

 

[TexanZSG21]

In any case the day is almost over and well..... my guess is no one received a call from Donson's source.

Whelp, looks like it's time to start e-mailing and calling around again! :frusty:

 

[Steve68]

:eyebulge:

 

[R 350 gt Donson]

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

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

Well interesting enough...I may of just F#$%^&& myself by posting the email of the guy to contact. I just found out that 2 people from this thread, call the dealer and sword at the guy, and called him a thief and liar, and bunch of other crap, one guy threaten to post a bunch of negative shit about the dealership etc...WTF....now I am probably not getting a car from them. Someone told me that they want to order the cars and when they get VIN number they will sell them .....this means they will have to order them first and we will have to take what they order. Like I said I learn a big lesson.:doh::rant:

 

[deathmonkey]

Well interesting enough...I may of just F#$%^&& myself by posting the email of the guy to contact. I just found out that 2 people from this thread, call the dealer and sword at the guy, and called him a thief and liar, and bunch of other crap, one guy threaten to post a bunch of negative shit about the dealership etc...WTF....now I am probably not getting a car from them. Someone told me that they want to order the cars and when they get VIN number they will sell them .....this means they will have to order them first and we will have to take what they order. Like I said I learn a big lesson.:doh::rant:

:eyebulge: Man, I know this is a desirable car and all that, but sometimes I just don't understand people. Glad to know they ruined it for the rest of us, and the worst thing is if they fucked you out of a car too for trying to be nice and help out some other people. What a bunch of assholes... :frusty:

 

[_M_]

Seriously. I thought I was on the Z06 forum. They b!tch and argue with each other over there constantly over every little thing. Mustang forums to me have always been about community and helping each other out not screwing each other over.

This thread needs locked already as it spiraled out of control a while ago.

 

[PP0001]

Well interesting enough...I may of just F#$%^&& myself by posting the email of the guy to contact. I just found out that 2 people from this thread, call the dealer and sword at the guy, and called him a thief and liar, and bunch of other crap, one guy threaten to post a bunch of negative shit about the dealership etc...WTF....now I am probably not getting a car from them. Someone told me that they want to order the cars and when they get VIN number they will sell them .....this means they will have to order them first and we will have to take what they order. Like I said I learn a big lesson.:doh::rant:

I am sorry to hear about this ugly turn of events but unfortunately trying to help out fellow enthusiasts can sometimes end up biting you in the rear as the same has happened to me in the past as well.

Having said that your intention was to help out a few Ford enthusiasts from this forum and also send interested and sincere parties to your Ford dealership.

The deal you made with the dealership should not be in jeopardy based on what you both came negotiated in a friendly and professional manner.

Your intention was honorable for both the enthusiasts on this forum and for the dealership and it is unfortunate that some people on this forum do not know how to conduct themselves accordingly.

Sit down with your dealership face to face and explain the facts to them as I see them and after reviewing all of the facts I suggest that they will still work with you on your new GT350.

Good luck and keep us all posted?

 

[Hack]

Well interesting enough...I may of just F#$%^&& myself by posting the email of the guy to contact. I just found out that 2 people from this thread, call the dealer and sword at the guy, and called him a thief and liar, and bunch of other crap, one guy threaten to post a bunch of negative shit about the dealership etc...WTF....now I am probably not getting a car from them. Someone told me that they want to order the cars and when they get VIN number they will sell them .....this means they will have to order them first and we will have to take what they order. Like I said I learn a big lesson.:doh::rant:

I'm so sorry that you feel that way! I think you had the best intentions when you originally started this thread. The problem is any information online is available to literally millions of people and when you get so many people involved the odds are good that something can go wrong. It may have been better to PM a small group of people.

I emailed the dealer again yesterday morning. I hadn't heard from them in over a week and the original email I received from them did not say I might get a car from them. I re-read that original email very carefully and it said they would get me the car I wanted. No reply yet.

I have decided I will continue trying to pursue other deals in the meantime, because I am not 100% confident that they will honor their original agreement with me. I am not saying anything negative about them except they have not contacted me back quickly. I guess it's more a negative comment about me that I am not as patient as I could be. It's possible that deal will still work out. I sure hope so. They are quite a few miles from me but I think it would be fun to drive down there for a car.

 

[TexanZSG21]

Well interesting enough...I may of just F#$%^&& myself by posting the email of the guy to contact. I just found out that 2 people from this thread, call the dealer and sword at the guy, and called him a thief and liar, and bunch of other crap, one guy threaten to post a bunch of negative shit about the dealership etc...WTF....now I am probably not getting a car from them. Someone told me that they want to order the cars and when they get VIN number they will sell them .....this means they will have to order them first and we will have to take what they order. Like I said I learn a big lesson.:doh::rant:

Wow, sorry to hear that happened, that's ridiculous. I want this car as much as the next person on this forum but to call the dealership and threaten them over such a thing is insane. I too followed your instructions but was at least several people behind so I didn't have high hopes but still got a response back saying I would be contacted this week. Am I bummed I didn't hear anything? Yes, but I'm not going to call them and flip out on them, just means I have to hit the computer and phones again. The military has taught me to have the patience of a saint, hahaha! Hurry up and wait isn't a new thing for me.

 

[DrumReaper]

Dang travesty. Sorry Donson... Noble efforts you made. Sorry, I was watching clone wars when I typed this and my Yoda came out.

I seriously hope your purchase is secure.

 

[u8mylunch]

they are suppose to be hearing from the Ford rep next week to get some of the allocation numbers worked out.

 

[R 350 gt Donson]

Thanks to all, for the kind words...I am going to follow PP0001 advice and drive up there next week, and have a set down...my only "saving grace" is I did leave a deposit. So we will see what happen. In the mean time gentlemen, please let this "dead dog lye" Emails are no problem...I'm not suggesting giving up on the deal, if he emailed you...stay in contact.....perhaps after they get settled down he will respond. The last time I spoke with him he said he was waiting for the zone rep to clear the next batch for cars before contacting anyone....I'm not sure the timing on that, but in the mean time I would continue the hunt....

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