The Down and Dirty ADM Thread

[Five Oh Brian]

Pricing?

Yes, 2017 GT350 pricing is available now in the order banks.

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[CANTWN4LSN]

Actually, '17 GT350 ordering has begun. I ordered all 3 of our '17 GT350's today. Our last '16 GT350 is being built later this month and is due to arrive in mid-May. Our regional office tells me that I should get a VIN for our first '17 in the next week or two (despite production being a few months out, still). Like it or not, the 2017 model year is coming sooner than later.

So does that mean you are doing all dealer orders and no customer designed ones?

 

[Mustang1260]

California craziness continues with $20-30k ADMs still showing up. Makes stupid ADMs seem almost reasonable.

If you are desperate and in Cali: 2016 GT350 Tech pack with cover, white with blue stripes. ADM is $10k, will they take $7500 ???

Serious Cali buyers pm me. I have NO interest in the sale but do not want to subject them to a rash of hate calls. I'm not advocating ADM, strongly dislike it, but with almost every dealer here in Cali going nuts I thought I would pass this along.

 

[Five Oh Brian]

So does that mean you are doing all dealer orders and no customer designed ones?

Correct. I ordered all 3 of ours to specs of my choosing. We are not accepting any customer "special orders", we are not reserving any of our GT350's, we will price each only once they arrive at the dealership, and we are only selling them to local customers as local demand far exceeds local supply up here in the north.

 

[swedensky]

California craziness continues with $20-30k ADMs still showing up. Makes stupid ADMs seem almost reasonable.

If you are desperate and in Cali: 2016 GT350 Tech pack with cover, white with blue stripes. ADM is $10k, will they take $7500 ???

Serious Cali buyers pm me. I have NO interest in the sale but do not want to subject them to a rash of hate calls. I'm not advocating ADM, strongly dislike it, but with almost every dealer here in Cali going nuts I thought I would pass this along.

Out of curiosity could you pm me where? I am not interested and will not contact them but I currently have none to sell and if I meet a customer I like enough id like to point them that way.

 

[mattlqx]

Dealers that have no interest in allowing orders for cars are the ones I'll pass up and take all of my business somewhere else. I'd rather hear, "sorry, we're sold out of our allotment already" rather than "our cars will go to the person that can pay the most obscene amount when they arrive on our lot configured to how we thought that person would like".

 

[jwhite]

Dealers that have no interest in allowing orders for cars are the ones I'll pass up and take all of my business somewhere else. I'd rather hear, "sorry, we're sold out of our allotment already" rather than "our cars will go to the person that can pay the most obscene amount when they arrive on our lot configured to how we thought that person would like".

That Logic of not paying an ADM on a bidding war, I totally get and respect that.

 

[Five Oh Brian]

Dealers that have no interest in allowing orders for cars are the ones I'll pass up and take all of my business somewhere else.

I can't speak for all dealers, but I'll tell you why I won't place special orders for customers on specialty cars like the GT350.

I've been at the same dealer for 17 years and have handled all of the specialty vehicle ordering, and we used to allow special orders for specialty vehicles.

The problem is that customers who order a specialty vehicle often get very annoyed waiting many months for their car to show up, and often back out of the deal long before the car arrives. They change their minds, buy a house, send the kids to college, buy something else, etc. We refund 100% of their deposit and end up with a car built to someone's spec's that often isn't popular with most other customers.

By ordering specialty cars for dealer inventory, I can order them in popular colors with popular equipment to better the odds of appealing to a wider audience. Also, I don't have to manage the long wait for customers. Once the cars show up, we price them competitively (we don't do bidding wars), make them available to our local customers, and sell them quickly. In my experience, our customers have been much happier this way.

 

[R 350 gt Donson]

I can't speak for all dealers, but I'll tell you why I won't place special orders for customers on specialty cars like the GT350.

I've been at the same dealer for 17 years and have handled all of the specialty vehicle ordering, and we used to allow special orders for specialty vehicles.

The problem is that customers who order a specialty vehicle often get very annoyed waiting many months for their car to show up, and often back out of the deal long before the car arrives. They change their minds, buy a house, send the kids to college, buy something else, etc. We refund 100% of their deposit and end up with a car built to someone's spec's that often isn't popular with most other customers.

By ordering specialty cars for dealer inventory, I can order them in popular colors with popular equipment to better the odds of appealing to a wider audience. Also, I don't have to manage the long wait for customers. Once the cars show up, we price them competitively (we don't do bidding wars), make them available to our local customers, and sell them quickly. In my experience, our customers have been much happier this way.

No offence Brain, but your comments are contradictory. You say that a reason you do NOT want a customers order is if they back out you have a car that was ordered to a specific customer order, therefore when a person comes in they are getting a order that has been made ahead of time.....The only difference in your current scenario, is you being the ordering person (basically your ordering ideas are better than the avg buyer who may or may not back out..humm) Frankly I believe this a "cop out" on the fact that you want a car on site, believing that most impulsive buyers are willing to pay a highter ADM for a car on the ground, than the ADM on ordering one and waiting. The amount of people backing out of a GT350 are slim, especial if you ask for a "man size deposit of 5K NON refundable". I doubt you would have a problem of people backing out. As far as your ability to pick the most desirable colors over the masses (well this is all conjecture) IMHO:cheers:

 

[krt22]

There is really no such thing as a non refundable deposit on a car yet to be built . In some states is actually explicitly outlawed.

 

[SWLA]

There is really no such thing as a non refundable deposit on a car yet to be built . In some states is actually explicitly outlawed.

Where do you look to see this?

 

[krt22]

They are usually found with the other consumer protection laws. Lets say you put a deposit, dealer jacks up the price, holds the deposit over your head to force you into a sale? Or you lose your job, lose your house, etc etc.

 

[tuckerware]

No offence Brain, but your comments are contradictory. You say that a reason you do NOT want a customers order is if they back out you have a car that was ordered to a specific customer order, therefore when a person comes in they are getting a order that has been made ahead of time.....The only difference in your current scenario, is you being the ordering person (basically your ordering ideas are better than the avg buyer who may or may not back out..humm) Frankly I believe this a "cop out" on the fact that you want a car on site, believing that most impulsive buyers are willing to pay a highter ADM for a car on the ground, than the ADM on ordering one and waiting. The amount of people backing out of a GT350 are slim, especial if you ask for a "man size deposit of 5K NON refundable". I doubt you would have a problem of people backing out. As far as your ability to pick the most desirable colors over the masses (well this is all conjecture) IMHO:cheers:

I have been out of the car business for 8 years, but my 1st career was in dealerships for almost a decade and I can understand the reasoning. When you stare at some oddly optioned car for 6 months because a customer backs out of an order you can't do much about it while you have to keep paying the flooring every month. Granted, it would be tough to make a bad GT350 but I get the general sentiment.

Secondly, it seems like a lot of people are assuming ADMs will persist through 2017. I really don't think that is the case (except for the R). More 2016s are still coming and the 2017s are following quickly. The early adopters that paid huge premiums already bought a car. Is demand really increasing fater than supply? 6-12 months from now when a buyer can choose between a ZL1 or a used Z06 for similar money the GT350 will probably be an MSRP car in most if not all regions.

The GT350 is more special and limited than most but ADMs are very common initially across a lot of cars every year yet it always wanes. Look at the BMW Z8 and i8. Both were hot and sexy at first but even the spectacular Z8s were sitting on showroom floors after the initial surge of demand. i8s were $20K over MSRP and a year later are $20K under.

I would not commit to an ADM yet on a custom order. If I'm wrong and there is still a premium at the end of the year I can decide if I want to pay it then. I don't see the logic in committing to paying a premium 6 months in advance.

 

[Spa2k]

All I can say to all the pundits who said several months ago that ADMs would be gone by now is, "Oops!" As far as I can tell, the trend across the country is not improving for buyers who say they won't pay an ADM. Even one of the biggest and best dealers I know that sold his entire allotment of 2016s at MSRP is going to add an ADM to his 2017s. :thumbdown:

 

[tuckerware]

All I can say to all the pundits who said several months ago that ADMs would be gone by now is, "Oops!" As far as I can tell, the trend across the country is not improving for buyers who say they won't pay an ADM. Even one of the biggest and best dealers I know that sold his entire allotment of 2016s at MSRP is going to add an ADM to his 2017s. :thumbdown:

Everyone is guessing - we can't all be right. :shrug:

My philosophy is that If I pay an ADM now that is one less car in the supply chain and one more dealer that can say they are taking orders over MSRP. I'm just trying not to personally add fuel to the ADM fire.

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