San Leandro CA Ford - $7,995 ADM!!!

[analogman]

I was just wandering around San Leandro Ford (while my wife is shopping in the plaza next door) and saw several Mustang's on their lot - yellow and black GT's (without PP), blue and black V6, all automatic.

What I found just hilariously laughable is that every Mustang on their lot has a $7,995 'additional dealer profit' added to the sticker! Meanwhile, back home in Portland OR, I ordered my GT PP from Damerow Ford - for $400 below invoice (yes, $400 below invoice, not MSRP).

Are any of you Californians actually paying these insane mark-ups?

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[xXANCHORMONXx]

Fuck no.

Most dealers in my area are selling at invoice if you special order.

 

[michformulas]

I just signed for a Black GT Premium. It was a dealer trade at $1200 under X plan today. No need to give a PIN. They also gave me $6800 above what I owed on my 2012 2dr Jeep Wrangler Sport. Car should be here tomorrow or Monday at the latest. Hope they take it easy on the 2 hour drive here.

 

[Kahboom]

I live in Cali. Got mine on wensday. Dealer had it marked up 2000 over msrp. Got it for 1200 under msrp. They really wanted the sale. Only thing was had to drive 2 1/2 hrs away down in to LA to get it. Worth it though. My local dealer had a mark up of nearly 5k and would do nothing for me. Some times its best too call around the state you live in and take a drive to get a better deal.

 

[MELLOWYELLOW06]

They have every right to ask for the extra money, and we have every right not to pay for it.

I got mine for $500 below invoice from a dealership I had not even ordered from.

when my order car came in, they sold it for $5000 over sticker

 

[mvic1518]

That same dealership had a 50th LE and it was marked up $29,995. It sold in a week, I wish I knew how much they sold it for.

 

[stulaw11]

There's an idiot born every day too. People with more money than brains.

Someone probably did not want to order one and wanted to be "cool" having one right away so paid WAY too much for it.

I understand the LE's being marked up since they only built 1964 of them, but not almost $30,000 extra. It's not THAT special a car.

 

[MELLOWYELLOW06]

But I'm sure the gt350 is going to see a wicked adm as well.

 

[wilkinda65]

But I'm sure the gt350 is going to see a wicked adm as well.

you know it !!

 

[analogman]

While I personally think it's ridiculous to pay $5,000 over sticker for a Mustang (or any mass produced car for that matter), it's free will. I hope whoever did it got $5,000 worth of pleasure from being the first on their block, at least for a few weeks, to have a new Mustang.

I do wonder about the wisdom of that kind of price gouging from the dealer's perspective. It just doesn't seem like a sustainable business model. They may have skinned some naive sap out of a few extra thousand dollars, but in exchange probably a hundred other people are turned off from ever doing business with the dealership.

As I was shopping around and getting prices for my Mustang in the Portland OR area, a few dealers tried the ridiculous "ADM" game. I will remember them, and would never do business with them in the future, and will talk about them and tell others about their sleazy games (like San Leandro Ford).

Is it really worth it for a dealer, all the negative word of mouth and damage to their reputation, and loss of many future customers, to soak one poor sucker (or in the case of San Leandro, hoping for a Google or Facebook employee with more money than common sense) for a couple of thousand dollars? I guess it must be, it seems most car sales people care nothing about their reputations and earning repeat business, and would rather try to make a few one-time quick bucks in a rip-off deal.

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