The Down and Dirty ADM Thread

[Spa2k]

It appears that there are a couple of people here who don't understand specialty insurance products. With agreed value insurance, you could state the value of your car at $100,000, and that's what the insurance company would pay if you totaled it. The downside for the policyholder is that the premiums are much higher, which is, of course, the upside for the insurance company.

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[krt22]

I emailed my agent to see how they would handle this situation. I'm not super worried either way since I paid sticker, but will know for sure shortly.

 

[tuckerware]

Don't get agitated folks, I just want to buy a GT350 like all of you. But, something to ponder...

If a dealer were to post an eBay auction starting at MSRP with no reserve...is the dealer blamed if it sold over MSRP?

Technically they would be willing to sell at MSRP being a no-reserve auction and possibly an upright and honest dealer doing right by us enthusiasts.

But, if the bidding went up over MSRP the dealer would be "forced" to add ADM - though the amount would be entirely because of the competing bidders.

Now, imagine if that is how every dealer sold these. It would probably weed out the silly dealers asking $25K mark-ups and not selling them...but at the same time would not be surprised if they all sold at a little over MSRP. And in that situation, who would you blame for a "free market" derived ADM?

 

[Stage_3]

Dealership in Florida is getting seven GT350 allocations and three R allocations. You order the cars they way you want, but there is crazy ADM.

 

[EF300]

Dealership in Florida is getting seven GT350 allocations and three R allocations. You order the cars they way you want, but there is crazy ADM.

I know of a 2017 R that is currently unspoken for ADM 20K in central FL. ADM may be negotiable depending on your negotiating skills.

 

[Stage_3]

I know of a 2017 R that is currently unspoken for ADM 20K in central FL. ADM may be negotiable depending on your negotiating skills.

The Rock, Dwanye Johnson just picked up his ordered GT350R. Over 71k out the door.

 

[Secondtime]

Spa,kr22 I didn't mean any disrespect or to cause argument about insured value .Spa understand the premis of stated value value insurance .My concerns or question was in reference to kr stating book value being 68-74 and that if something Unfortunatley happens he would think he would get that under a regular policy .Once again I mean no disrespect just trying to clear misinformation about insurance .
Unfortunatley I don't own a 350 yet but have been lurking and searching since the first announcements of release unfortunatley I personally can't bring myself to pay adm.If anyone else had to pay adm it's none of my buisness and I'm happy that your enjoying your cars while I'm still trying to catch the unicorn .

 

[Spa2k]

Spa,kr22 I didn't mean any disrespect or to cause argument about insured value .Spa understand the premis of stated value value insurance .My concerns or question was in reference to kr stating book value being 68-74 and that if something Unfortunatley happens he would think he would get that under a regular policy .Once again I mean no disrespect just trying to clear misinformation about insurance .
Unfortunatley I don't own a 350 yet but have been lurking and searching since the first announcements of release unfortunatley I personally can't bring myself to pay adm.If anyone else had to pay adm it's none of my buisness and I'm happy that your enjoying your cars while I'm still trying to catch the unicorn .

No problems here. Good luck in your quest!

 

[50 Deep]

2016 R in Transit To CA Dealer

James Ford in Half Moon Bay, CA has an Oxford white R in transit. They have a buyer with a deposit, but reportedly has cold feet. They have a 40k markup on the car. Guy I talked to about it was kind of a douche.

I am bringing water to the horse, up to you if you decide to drink.

 

[garagelogic]

Is anybody actually paying a $40K markup on an R? I know crazy ADM's are being asked on the R's right now, but that much over is laughable.

 

[50 Deep]

Is anybody actually paying a $40K markup on an R? I know crazy ADM's are being asked on the R's right now, but that much over is laughable.

My guess is the person with the deposit is realizing the same thing. 100k is a lot of money. They asked me what I was willing to pay, so maybe they will deal?

 

[FPCV8YO]

Blue stripes I assume?

 

[EF300]

The Rock, Dwanye Johnson just picked up his ordered GT350R. Over 71k out the door.

The rock is gonna smell some rubber cookin

 

[Spa2k]

The Rock, Dwanye Johnson just picked up his ordered GT350R. Over 71k out the door.

I knew I should have volunteered to do the Ford Service commercials. The Rock probably got paid for those, plus getting a deal on an R. :doh:

 

[EF300]

I have more respect for the Rock now, man knows a good car !

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