Sponsored

To avoid ADM I hope Ford does this

Tony Alonso

Super Moderator
Moderator
Joined
Mar 31, 2013
Threads
177
Messages
4,257
Reaction score
1,522
Location
Cincinnati, OH USA
Vehicle(s)
'01/'09/'19 Bullitt, '90 GT, '00 Corvette FRC
Thanks. You're right, we don't always win people over with our one-price philosophy and we aren't always the absolute lowest price out there. But, we're never the highest price out there and nobody gets gouged.
I'd order a GT350 from your dealership (at MSRP or less)!
Sponsored

 

Five Oh Brian

Mustang Guru
Joined
Mar 27, 2014
Threads
4
Messages
1,188
Reaction score
462
Location
Pacific NW
Website
www.KorumFord.com
First Name
Brian
Vehicle(s)
11 GT500 Glass Roof Coupe
I'd order a GT350 from your dealership (at MSRP or less)!
Tony, I'd love to order a GT350 for you. You just took delivery of your '15 so you can't possibly be looking to buy another Mustang already, though, or could you? ;)
 

Five Oh Brian

Mustang Guru
Joined
Mar 27, 2014
Threads
4
Messages
1,188
Reaction score
462
Location
Pacific NW
Website
www.KorumFord.com
First Name
Brian
Vehicle(s)
11 GT500 Glass Roof Coupe
I don't know what dealer you are at. I asked Titus-will or order one for me at MSRP. Answer was NO. I contacted every dealer from Olympia to Everett that had a car that was not triple black and every single one of the had an ADM, the lowest was $5K.
Well, from the sounds of it, we didn't have a GT500 when you were shopping, so you never contacted us. We sold out of 2014 GT500's very quickly since we priced them all at MSRP (or less). We only had 3 or 4 of the '14's. Sorry we didn't have one when you were shopping.

I suspect we'll get more GT350's since we've been on a roll selling Mustangs this year. Ford rewards big volume with more product and we're one of the top selling Mustang dealers in the NW region. I asked for twice as many 2014 Mustangs from Ford all through the model year and took all the extras that other dealers didn't want, then I traded in even more 2014 Mustangs from other dealers, too. All of that has earned us a ton of 2015 allocations for Mustangs and we've already sold six '15 Mustangs to date (we're currently sold out) with another 20 due to arrive in the next several weeks.
 

Tony Alonso

Super Moderator
Moderator
Joined
Mar 31, 2013
Threads
177
Messages
4,257
Reaction score
1,522
Location
Cincinnati, OH USA
Vehicle(s)
'01/'09/'19 Bullitt, '90 GT, '00 Corvette FRC
Tony, I'd love to order a GT350 for you. You just took delivery of your '15 so you can't possibly be looking to buy another Mustang already, though, or could you? ;)
Addition to the collection :)
 

2112

Well-Known Member
Joined
Oct 15, 2013
Threads
0
Messages
67
Reaction score
6
Location
Puget Sound Wa
Vehicle(s)
14' GT500
Says who? Have you read anywhere where I've mentioned that we'll have an ADM on GT350's?

I'm not going to set our dealership's GT350 pricing until Ford announces allocations and pricing details. It might be 6 months or more before that info is released, so I'm not making a decision on our pricing stance until then.
I took your defense of ADM's as you planned to do so. If you did not say that, then I am wrong and I apologize.

I am guessing when I was looking, you had sold out, or only had all black cars.
Not one dealer I called would budge off their ADM's; "we'll sell it at that price" which I guess is true. It just doesn't garner brand or dealer loyalty as I have been saying.

It is also an instant depreciation as you rarely can pass on any ADM at resale.

Seems Chrysler is well aware of the long term costs and plans to do something to limit the practice.
 

Sponsored

RisingForce

Well-Known Member
Joined
May 16, 2014
Threads
29
Messages
785
Reaction score
33
Location
Out of this world
Vehicle(s)
90 tempo.
I took your defense of ADM's as you planned to do so. If you did not say that, then I am wrong and I apologize.

I am guessing when I was looking, you had sold out, or only had all black cars.
Not one dealer I called would budge off their ADM's; "we'll sell it at that price" which I guess is true. It just doesn't garner brand or dealer loyalty as I have been saying.

It is also an instant depreciation as you rarely can pass on any ADM at resale.

Seems Chrysler is well aware of the long term costs and plans to do something to limit the practice.

For as much as you claim to be in the game, you're out of touch with the reality of how dealers and new car pricing work.

First of the holdback amount isnt significant. As Brian pointed out it's 3%.
Show me any other field of business where they have a 3% profit that is also supposed to cover their floor plan pricing. And more importantly, do you question the cost when you go to the grocery store or restaurant or hardware store?
And the second point where you're incorrect is " customer who pay ADM are very unhappy for years". Not true. People like you are a lot more unhappy about it than they are. No one held a gun to their head. These are people that had to have the first and they were willing to pay the price to get the vehicle before anyone else.
We do get your point that you will never pay ADM and that is just fine, cause with a bit of patience and research you will be able to find the vehicle for the right price that you're willing to pay.
But dont try to make dealers who make an extra dime on couple vehicles in a 10 year period as bad dealers. For the 2 vehicles that we sold over sticker, we have sold at least 3000 at or below INVOICE.

As far as the Tesla approach, sure that works but only for the 1-5% people in the market looking for those specific cars.
You should be happy there is a market where you get to shop and get the best price wihout having to stick to paying MSRP.
 

2112

Well-Known Member
Joined
Oct 15, 2013
Threads
0
Messages
67
Reaction score
6
Location
Puget Sound Wa
Vehicle(s)
14' GT500
I don't claim to be in any game. I don't believe you run the entire business on a thread when the dealerships are palaces and continually under construction, and owners are some of, if not the wealthiest people in the community.

Cry me a river.

BTW, lot's of businesses operate on low single digit margins, including Giants like Boeing, grocery stores and tiny self employed guys like myself. If I want to earn more, I am expected to produce more.
 

RyanR3KC

Well-Known Member
Joined
May 19, 2014
Threads
3
Messages
144
Reaction score
25
Location
Johnston, Iowa
Vehicle(s)
2018 Camaro SS 1LE
ADM is the biggest bullshit in the car business. You know why? It's because scumbag dealerships "decide" what the market is and sticker the window as such. I would never buy from a dealership that practices ADM.

There is a thread started in C5 forums on Z/28s that were ADM'ed by the dealers they're sitting at. Most of those places have been blacklisted. No one wants to hear Dealershit lingo crap like "we have to take into account (blah blah blah) and "we're operating a business." Call it what it is...You're straight taking advantage of people's emotions.

But hey...go ahead and ADM your car and 7 months later when it's still on your showroom floor don't be crying in these forums about how you can't sell it or start posts advertising to sell your car. "I SAID GOOD DAY SIR!!!" :)
 

midtenn1

Active Member
Joined
May 31, 2014
Threads
0
Messages
34
Reaction score
1
Location
Murfreesboro, TN
Vehicle(s)
2013 Boss302 #0058, 2014 GT500
ADM is the biggest bullshit in the car business. You know why? It's because scumbag dealerships "decide" what the market is and sticker the window as such. I would never buy from a dealership that practices ADM.

There is a thread started in C5 forums on Z/28s that were ADM'ed by the dealers they're sitting at. Most of those places have been blacklisted. No one wants to hear Dealershit lingo crap like "we have to take into account (blah blah blah) and "we're operating a business." Call it what it is...You're straight taking advantage of people's emotions.

But hey...go ahead and ADM your car and 7 months later when it's still on your showroom floor don't be crying in these forums about how you can't sell it or start posts advertising to sell your car. "I SAID GOOD DAY SIR!!!" :)
Well put!! Never pay ADM!!!!! Watched my boss302 sit on the showroom floor for 8 months!! They finally called and told me to come get it for msrp (had a 10k adm) ended up at 1000 under msrp, free window tint, and free track key.. patience grasshoppers :-)
 

RisingForce

Well-Known Member
Joined
May 16, 2014
Threads
29
Messages
785
Reaction score
33
Location
Out of this world
Vehicle(s)
90 tempo.
ADM is the biggest bullshit in the car business. You know why? It's because scumbag dealerships "decide" what the market is and sticker the window as such. I would never buy from a dealership that practices ADM.

There is a thread started in C5 forums on Z/28s that were ADM'ed by the dealers they're sitting at. Most of those places have been blacklisted. No one wants to hear Dealershit lingo crap like "we have to take into account (blah blah blah) and "we're operating a business." Call it what it is...You're straight taking advantage of people's emotions.

But hey...go ahead and ADM your car and 7 months later when it's still on your showroom floor don't be crying in these forums about how you can't sell it or start posts advertising to sell your car. "I SAID GOOD DAY SIR!!!" :)

You cant blacklist a dealer who adds to a unique vehicles price. They will still have business, cause 99% of what they sell is below the MSRP. Once in a great while they sell a low production limited vehicle and make a few bux. Sure you and I wont pay that price, but someone else will(did) and happily so. That will not make the dealer wealthy just the same way that you boycotting them wont put them out of business.
Just like any buisness SUPPLY vs DEMAND is the deciding factor of items being sold above value.

Our dealership added markaup to two vehicles the past 20 years. Both were sold before the vehicle arrived cause both were unique and limited editions.


Now what I dont get is dealers who mark up vehicles that are not limited editions and dime a dozen. Even the 2015 Mustang (no LE) is a vehicle that we would sell below MSRP just to stay competitive with other dealers.


Patience is number one key as stated above. But some people have more $ than patience. For as long as there are people who would pay the price, can you really blame the seller(dealer)? :shrug:
 

Sponsored

RyanR3KC

Well-Known Member
Joined
May 19, 2014
Threads
3
Messages
144
Reaction score
25
Location
Johnston, Iowa
Vehicle(s)
2018 Camaro SS 1LE
You cant blacklist a dealer who adds to a unique vehicles price. They will still have business, cause 99% of what they sell is below the MSRP. Once in a great while they sell a low production limited vehicle and make a few bux. Sure you and I wont pay that price, but someone else will(did) and happily so. That will not make the dealer wealthy just the same way that you boycotting them wont put them out of business.
Just like any buisness SUPPLY vs DEMAND is the deciding factor of items being sold above value.

Our dealership added markaup to two vehicles the past 20 years. Both were sold before the vehicle arrived cause both were unique and limited editions.


Now what I dont get is dealers who mark up vehicles that are not limited editions and dime a dozen. Even the 2015 Mustang (no LE) is a vehicle that we would sell below MSRP just to stay competitive with other dealers.


Patience is number one key as stated above. But some people have more $ than patience. For as long as there are people who would pay the price, can you really blame the seller(dealer)? :shrug:
Haha!!! Hey man...no offense, but when I've read your responses in this thread the Rolling Stones 'Sympathy for the Devil' was playing in my head. :lol:

A Dealership won't find sympathy in these forums...Anyways...I worked for a dealership for a bit and I have friends that work in dealerships. Even if you sell a vehicle at invoice you still make a little bit of $$ on the sale, plus you've also made $$ on maintenance and everything else after the fact and the car makers give you a spiff for selling one of their vehicles. So....the "poor hardworking dealership just trying to make their way in this tough world" angle never plays. At this point in my life I'm just glad I work in a job where I get Supplier Pricing on all the auto makers products.
 

RisingForce

Well-Known Member
Joined
May 16, 2014
Threads
29
Messages
785
Reaction score
33
Location
Out of this world
Vehicle(s)
90 tempo.
Haha!!! Hey man...no offense, but when I've read your responses in this thread the Rolling Stones 'Sympathy for the Devil' was playing in my head. :lol:

A Dealership won't find sympathy in these forums...Anyways...I worked for a dealership for a bit and I have friends that work in dealerships. Even if you sell a vehicle at invoice you still make a little bit of $$ on the sale, plus you've also made $$ on maintenance and everything else after the fact and the car makers give you a spiff for selling one of their vehicles. So....the "poor hardworking dealership just trying to make their way in this tough world" angle never plays. At this point in my life I'm just glad I work in a job where I get Supplier Pricing on all the auto makers products.

Im not looking for sympathy. I am not a dealer. so I wouldnt get a dime out of that ADM anyway. I am explaining to you that MONEY talks. Demand TALKS. while you or I refuse to pay the ADM, there are people that still do. And for as long as they pay up the price on unqiue limited edition unit, who are we to say what they should do.

Yes we have already made it clear that dealer makes 3% off if sold at invoice.
The maintnance is only if the vehicle is brought back for service.
No one said dealers are LOSING money. They are around just to make money. But you frown upon dealers cause of flactuating prices, yet you dont accuse any other businesses of not negotiating any prices with you and sticking firmly to their MSRP. Have you tried to negotiate a restaurant bill because you calculated that the steak they served you for $19.95 actually cost them about half that in cost?

By the way, your suppliers pricing wont be honored on a unqiue vehicle like GT350 or Ford GT. ;)

Cheers
 

2112

Well-Known Member
Joined
Oct 15, 2013
Threads
0
Messages
67
Reaction score
6
Location
Puget Sound Wa
Vehicle(s)
14' GT500
ADM's punish your potentially biggest supporters. Those who genuinely care about your products, not the people who see cars as transportation appliances. Several times now, it has been mentioned buyers have been happy to pay premiums. Wow, Never, in 35 years of cardom, have I met one. My only guess if any really exist it would be due to;

1) Someone who wants people to know they paid an ADM, aka, the "look at me, I am a hotshot" group.
2) Someone who sadly thinks those who are back slapping and glad handling them are his new friends that really care about him.

Reality is those who paid are pissed and too embarrassed to tell anyone or are pissed and tell everyone they know how they got hosed. Every single car forum has thread after thread on ADM's and how much they are hated.
Bad for the dealer, worse for the manufacturer.

Hey Ford, Chrysler gets it, How bout you?
 

RisingForce

Well-Known Member
Joined
May 16, 2014
Threads
29
Messages
785
Reaction score
33
Location
Out of this world
Vehicle(s)
90 tempo.
ADM's punish your potentially biggest supporters. Those who genuinely care about your products, not the people who see cars as transportation appliances. Several times now, it has been mentioned buyers have been happy to pay premiums. Wow, Never, in 35 years of cardom, have I met one. My only guess if any really exist it would be due to;

1) Someone who wants people to know they paid an ADM, aka, the "look at me, I am a hotshot" group.
2) Someone who sadly thinks those who are back slapping and glad handling them are his new friends that really care about him.

Reality is those who paid are pissed and too embarrassed to tell anyone or are pissed and tell everyone they know how they got hosed. Every single car forum has thread after thread on ADM's and how much they are hated.
Bad for the dealer, worse for the manufacturer.

Hey Ford, Chrysler gets it, How bout you?
2 vehicles in 20+ years one of them being a $180.000 car, we take that chance, cause our loyal customers wouldnt turn their back against us when we would see the next one to them at the price they pay.

The guy that bought the GT from us, is extremely happy cause he wanted that exact color and eqiupment on his 190k GT and he still brings it to us for service.
The guy who bought the 07 Shelby has since bought 3 more Shelbys from us and he is very happy as well.
 

moto vudu

No Guts - No Glory
Joined
Oct 13, 2014
Threads
3
Messages
77
Reaction score
35
Location
TX
Vehicle(s)
2015 GT PP 50 Yr
I think we see Dodge trying to prevent ADM on Hellcats because they don't a repeat of what happened with the Viper. When the new Viper first hit dealers, the crazy markups some dealers asked for pushed away a lot of customers (those customers were the most interested in the car). Those potential Viper buyers took their money elsewhere and Dodge dealers across the nation where stuck with Vipers they couldn't get off their lots. They can't even sell Vipers now without huge discounts.
Sponsored

 
 








Top