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- God bless America, all 8.4 liters -Randy Pobst
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- #121
Your 350 and R numbers are off.The GT350 is a cash cow for the dealers and Ford.
GT350's over the past few years have mostly sold at MSRP or significanly above it. Where many Ecoboosts and GTs are selling for well below MSRP and often close to invoice price, and then if its end of model year, Ford has to offer incentives.
Why I call the GT350 a cash cow:
FORD Profits:
So factor in 5000 GT350's and 500 GT350R's (per year) at LEAST $5k profit on a $60k vehicle at invoice with no rebates or holdbacks, etc. that's approx. $28 million for Ford. (Ford claims a global 8.7% profit margin)
DEALER Profits:
First, there's about a $3k price difference from Ford's dealer invoice price and MSRP.
Second, many R's probably sold $10-20k over MSRP, and most GT350's for $2k+... That's probably another $30+ million in dealers pockets.
So the GT350's probably add $60 million in PROFITS to Ford and its dealers.
Where most Ecoboost and GT's are sold at much lower prices (well below MSRP), and then Ford has to do "back door deals" (below invoice pricing), rebates, holdbacks, etc... it cost Ford a lot of money out of their profit margins.
So I would argue the GT350 line up probably makes almost as much profit as the Eco's and GT's put together. Think about they probably have to sell 10-20 regular mustangs to make as much profit as 1 GT350. So, 15 x 5,500 GT350s = 82,500 regular mustangs or almost a year's worth of sales.
350s were selling for at least $5k adm and up. The R was selling for at least $20k adm.
My brother is in the dealership industry, a lot of ppl with money paying adm because they gotta have it.
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