PhantomAce Posted September 3, 2006 Report Share Posted September 3, 2006 All, When FoMoCo announced the car they said "$40k approximately". Many of us became very enthusiastic at that point, and I am sure there are many who found that number, or close, in their budget's. Now, with the ADM's added on, I am sure many of those same people find it now "out of their budget". I don't want to start yet another ADM ethics topic here, but I do think that maybe a realistic look at the impact on sales of this car would be helpful. If you're refusing to pay an ADM out of principal, this is NOT the thread to state it in. Simply put, are you out of the market due to economics because of ADM's only? That is what we're trying to find out here. No flames please. There are other threads dealing with the whole ADM issue already, leave it there. If you could get the car at MSRP, would you be able to buy it? If you feel this is too "personal" a question, then feel free to simply not respond, but please, again, leave the negative comments out. Mike. Link to comment Share on other sites More sharing options...
90GT Posted September 3, 2006 Report Share Posted September 3, 2006 MSRP, yes I'd buy one. With the ADM's it's not possible. For one I can't afford it and two I refuse to pay any amount of an ADM on any car, Shelby or not. Link to comment Share on other sites More sharing options...
Guest evilchris Posted September 3, 2006 Report Share Posted September 3, 2006 Good thread, I don't meet the criteria but it made me think of a scary thing for some people. You know there has to be people out there so emotionally involved with this car they'll do anything to get it, like taking out 96 month loans to pay $70k for the car. In a few months when they cool off, they'll realize they can't really afford it and are now upside down in a loan they can't get out of. Link to comment Share on other sites More sharing options...
Joker45 Posted September 3, 2006 Report Share Posted September 3, 2006 I can afford MSRP and maybe alittle more (not much) But I will not make someones boat payment with my hard earned money. I can't justify paying over MSRP to myself when it would cause a strain. No matter what, it's only a car. Link to comment Share on other sites More sharing options...
mcdover Posted September 3, 2006 Report Share Posted September 3, 2006 I can afford MSRP and maybe alittle more (not much) But I will not make someones boat payment with my hard earned money. I can't justify paying over MSRP to myself when it would cause a strain. No matter what, it's only a car. Then you had better stay away from furniture and jewelry too. These two product have the largest retail markup than anything else I can think off. Jewelry, for example, has about a 500% markup over wholesale. Link to comment Share on other sites More sharing options...
150man Posted September 3, 2006 Report Share Posted September 3, 2006 I'm in that category. I'm lucky to live in a small town with a small dealer that I've bought 4 vehicles from in the last few years. He's an honest guy and I informed him about the Shelby way before he'd ever heard about it. I talked him into getting certified so he could sell me the car. I'm getting it for MSRP + the $1500. He may have some regrets- possibly. He's never said so. He's heard that some dealers within 200 miles of us are getting $10,000 over- and he mentioned that. But he's never said that he regrets the deal we made. Link to comment Share on other sites More sharing options...
Joker45 Posted September 3, 2006 Report Share Posted September 3, 2006 Then you had better stay away from furniture and jewelry too. These two product have the largest retail markup than anything else I can think off. Jewelry, for example, has about a 500% markup over wholesale. You have to have funiture to live. Jewerly is not a neccessity of life. Just like this car. Maybe I should stay away from electricity and food too. Good mark-ups on that stuff too.... Link to comment Share on other sites More sharing options...
mcdover Posted September 3, 2006 Report Share Posted September 3, 2006 You have to have funiture to live. Jewerly is not a neccessity of life. Just like this car. Maybe I should stay away from electricity and food too. Good mark-ups on that stuff too.... Please don't take my previous post as a slam towards you. I'm just saying (although poorly) that markups are a part of retail. Some items just have greater margins than others. Everything that you buy is helping make somebodies boat, car, or house payment. Link to comment Share on other sites More sharing options...
Joker45 Posted September 4, 2006 Report Share Posted September 4, 2006 Please don't take my previous post as a slam towards you. I'm just saying (although poorly) that markups are a part of retail. Some items just have greater margins than others. Everything that you buy is helping make somebodies boat, car, or house payment. Sorry mcdover, Some of this stuff recently has just pushed me over the edge on this freaking car. Sorry for my attitude. I totally understand what your saying it's just there is already about 4 grand in it for dealers that I know of for one hours worth of work. My dealer still will not even give me a price and I've been talking to them for almost a year now. This is just giving me a real bad attitude towards the whole thing and with some dealers posting their crap on here doesn't help out. Link to comment Share on other sites More sharing options...
Mark25 Posted September 4, 2006 Report Share Posted September 4, 2006 Wouldn't it be nice if you could drive to the plant, pick out your car and pay MSRP or less and drive off? Who needs the darn middle man when buying the vehicle...sure you will use the dealer for service, etc.,...but the large car companies should allow you to buy your car right off their plant parking lot! Link to comment Share on other sites More sharing options...
hotcobra99 Posted September 4, 2006 Report Share Posted September 4, 2006 MSRP, yes I'd buy one. With the ADM's it's not possible. For one I can't afford it and two I refuse to pay any amount of an ADM on any car, Shelby or not. I want the car,and would be willing to pay MSRP,or less of course Link to comment Share on other sites More sharing options...
bill0754 Posted September 4, 2006 Report Share Posted September 4, 2006 I only got the car because I was a Powerlease holder. I paid $1,000 over invoice. If I had to pay over MSRP, I would not have gotten it. One, I couldn't afford it, and two I would never pay over sticker if I could afford it. Saying that, and having had mine almost 3 weeks...it is a great car for the price. But it is not a $50K+ car. Link to comment Share on other sites More sharing options...
VAiN Posted September 4, 2006 Report Share Posted September 4, 2006 I'll be in the market to buy one sometime around June/July 07. I seriously hope that by that time they are down to where they should be. I won't pay over sticker for car, that's for sure. Link to comment Share on other sites More sharing options...
90GT Posted September 4, 2006 Report Share Posted September 4, 2006 I'll be in the market to buy one sometime around June/July 07. I seriously hope that by that time they are down to where they should be. I won't pay over sticker for car, that's for sure. You shouldn't have a problem by then. If there is still markups at that time I'll be looking for a different car. Link to comment Share on other sites More sharing options...
mcduck Posted September 5, 2006 Report Share Posted September 5, 2006 I'd pay MSRP and no more. I think the GT500 is great value for the MSRP price and maybe even a little more. the main reason I'm not willing to pay a small amount over MSRP is because we'll be seeing several other cars coming out in the near future that will be as desirable and fun to drive (I'll leave the specific performance arguments to the magazine racers)... other options on the horizon Chevy Camaro, Dodge Challenger, Nissan GT-R, and so on. In two years, there will be no shortage of 500HP, GT/2+2 type cars to choose from. Link to comment Share on other sites More sharing options...
CT Pats Fan Posted September 5, 2006 Report Share Posted September 5, 2006 I am thinking MSRP to within 5K ADM - my reasoning is based on the price/performance/looks of a Roush Stage 2 and Stage 3 as comparisons. Good thread. Link to comment Share on other sites More sharing options...
brands5.0 Posted September 5, 2006 Report Share Posted September 5, 2006 At 1st i wanted this car so bad i was telling dealers how much i would pay over then i started looking at it like i was throwing my money away. At 10k over i cant swing it. so i moved on and started looking untill i found a car 1300 miles away and i did pay ove i payed 2k over but as i see it i am paying for there fee to sell the car and me being a pain in the butt Link to comment Share on other sites More sharing options...
BadTony Posted September 5, 2006 Report Share Posted September 5, 2006 MSRP or bust - I am not aware of any manufactured products that a consumer would ever pay more than MSRP? Link to comment Share on other sites More sharing options...
mcdover Posted September 6, 2006 Report Share Posted September 6, 2006 MSRP or bust - I am not aware of any manufactured products that a consumer would ever pay more than MSRP? Sony Playstation, X-Box, etc... Link to comment Share on other sites More sharing options...
Guest evilchris Posted September 6, 2006 Report Share Posted September 6, 2006 Sony Playstation, X-Box, etc... At least those "ADM's" only last a week or so. X360 was $2000 day 1 about $450 day 7. Link to comment Share on other sites More sharing options...
Grabber Posted September 6, 2006 Report Share Posted September 6, 2006 I have tried to find this car at MSRP and failed like most. I would buy the car at MSRP only. I could not afford to pay more, or want to stretch the payments out to cover ADM. I just paid 1K over invoice for a 2007 GT/CS and I can sleep at night - no problem. ADM is to much stress for me. :wacko: Link to comment Share on other sites More sharing options...
mcdover Posted September 6, 2006 Report Share Posted September 6, 2006 At least those "ADM's" only last a week or so. X360 was $2000 day 1 about $450 day 7. Exactly! Once supply is higher than demand, prices will drop. Works the opposite way too. Link to comment Share on other sites More sharing options...
Alloy Dave Posted September 6, 2006 Report Share Posted September 6, 2006 MSRP or bust - I am not aware of any manufactured products that a consumer would ever pay more than MSRP? Cars are a bit different than most "manufactured products". Let me ask you this...when you buy any other car...besides a GT500, do you go in and offer to pay MSRP? I sure don't...I negotiate down to pay something less...and am usually successful. If you want to buy only at MSRP, you should go to Saturn...that's how they operate (not sure what they are doing with the new Saturn Sky). Dave Link to comment Share on other sites More sharing options...
PhantomAce Posted September 6, 2006 Author Report Share Posted September 6, 2006 Cars are a bit different than most "manufactured products". Let me ask you this...when you buy any other car...besides a GT500, do you go in and offer to pay MSRP? I sure don't...I negotiate down to pay something less...and am usually successful. If you want to buy only at MSRP, you should go to Saturn...that's how they operate (not sure what they are doing with the new Saturn Sky). Dave Terry, Funny story: I went in 2 weeks ago and told the GM at myGT500 dealer that I wanted to buy a new Explorer that day, and would prefer to buy from them, on the spot. Informed him that I was OK with MSRP, but he better be ready to honor my MSRP deals we already made on my 2 Shelby's when they arrive. In turn, I received a very disconcerting answer. Basically, no matter what I had on the receipt from time of sale, they're going to battle me when the first car arrives, I can see it coming. However, for me, it swings both ways. I was willing to pay Ford's set estimated price for a car that is going for a lot less right now, but they wouldn't commit to honoring their own deal they made 1-1/2 years ago by the same rules. That's how I KNOW I have a legal battle coming the end of the month when the 1st GT500 is scheduled to arrive. By the way, I left there and immediately went to a different dealer that same night, told them I wouldn't hammer them but I expected to pay a fair price, and bought an Explorer that very evening. They gave me MSRP on the Explorer, deducted $3,000 rebate money that I would have been elligible for rebate if it was a short term loan, but still gave me the 72 month no interest. (Rebate money does not apply on 72mo 0% loans) Did I pay more than I probably could have gotten away with? Yes, maybe 1 or 2k. Am I happy with the car and the deal? Yes. Did I ultimately get a good deal? Yes, when you consider that I got it for $3k below MSRP and no interest for 72, no trade, no cash out of pocket. Didn't have to fight for it either, just went in and was straight up with them, got treated the same way in return. My GT500 dealer blew a guaranteed sale, and laid the ground rules that night for a GT500 battle I now intend to win. The Idiots... I have a signed receipt, and am no longer in a mood to negotiate, which I was in that night. I've already hired my attorney. I'm going to shove this one down their throats, and they still lost a "lay down" sale on the Explorer to boot. The Explorer I bought, by the way, was an EB with leather everything, 4.6, satellite radio, etc... almost same price as the GT500 coupe is. They could have made a customer for life, and instead lost the chance of a favorable negotiation. Now, they have just me pissed. I only "need" one GT500, but I'll make sure I take them both at MSRP and get rid of one myself just so they don't make the extra at this point. Mike. Link to comment Share on other sites More sharing options...
mcdover Posted September 6, 2006 Report Share Posted September 6, 2006 Terry, Funny story: I went in 2 weeks ago and told the GM at myGT500 dealer that I wanted to buy a new Explorer that day, and would prefer to buy from them, on the spot. Informed him that I was OK with MSRP, but he better be ready to honor my MSRP deals we already made on my 2 Shelby's when they arrive. In turn, I received a very disconcerting answer. Basically, no matter what I had on the receipt from time of sale, they're going to battle me when the first car arrives, I can see it coming. However, for me, it swings both ways. I was willing to pay Ford's set estimated price for a car that is going for a lot less right now, but they wouldn't commit to honoring their own deal they made 1-1/2 years ago by the same rules. That's how I KNOW I have a legal battle coming the end of the month when the 1st GT500 is scheduled to arrive. By the way, I left there and immediately went to a different dealer that same night, told them I wouldn't hammer them but I expected to pay a fair price, and bought an Explorer that very evening. They gave me MSRP on the Explorer, deducted $3,000 rebate money that I would have been elligible for rebate if it was a short term loan, but still gave me the 72 month no interest. (Rebate money does not apply on 72mo 0% loans) Did I pay more than I probably could have gotten away with? Yes, maybe 1 or 2k. Am I happy with the car and the deal? Yes. Did I ultimately get a good deal? Yes, when you consider that I got it for $3k below MSRP and no interest for 72, no trade, no cash out of pocket. Didn't have to fight for it ither, just went in and was straight up with them, got treated the same way in return. My GT500 dealer blew a guaranteed sale, and laid the ground rules that night for a GT500 battle I now intend to win. The Idiots... I have a signed receipt, and am no longer in a mood to negotiate, which I was in that night. I've already hired my attorney. I'm going to shove this one down their throats, and they still lost a "lay down" sale on the Explorer to boot. The Explorer I bought, by the way, was an EB with leather everything, 4.6, satellite radio, etc... almost same price as the GT500 coupe is. They could have made a customer for life, and instead lost the chance of a favorable negotiation. Now, they have just me pissed. I only "need" one GT500, but I'll make sure I take them both at MSRP and get rid of one myself just so they don't make the extra at this point. Mike. Wouldn't it be great, that in order for them to actually sell a GT500, they would have to buy back one of yours. Then you could charge ADM. Talk about sweet justice! Link to comment Share on other sites More sharing options...
PhantomAce Posted September 6, 2006 Author Report Share Posted September 6, 2006 Wouldn't it be great, that in order for them to actually sell a GT500, they would have to buy back one of yours. Then you could charge ADM. Talk about sweet justice! mcdover, Sidenote: That's very close to one of the reasons why I started this thread, but there's more on that to follow later. Rest assured that I have no intentions of profiting from one of the cars, but I'll be damned if they will either now. All will make sense in due time... Mike. Link to comment Share on other sites More sharing options...
JETSOLVER Posted September 6, 2006 Report Share Posted September 6, 2006 Funny story: Wow, you have a much more developed sense of humour than I ever will. If you need help with a legal fund, PM me and we'll set up a pay-pal to help. This goes to my many comments about how it may be theoretically possible to have a win-win, but near impossible in the real world. Any dealer that heck bent on throwing away a sale on a high end truck(which I suggest will be a tougher sale in the next few months), is not worthy of the sort of premium customers that this car brings to the table. P.S. Keep your Malox in the fridge, it doesn't taste any better but it is easier to drink as a smoothie :wacko: Link to comment Share on other sites More sharing options...
BadTony Posted September 6, 2006 Report Share Posted September 6, 2006 At least those "ADM's" only last a week or so. X360 was $2000 day 1 about $450 day 7. hmmm.... I've never seen a retailer mark up any of these products, but what I have seen is a guy parked outside of Toys R Us around xmas time selling the $40 Tickle Me Elmo doll for $200... not the same thing. I'm talking about a retailer, factory authorized reseller (in this case, dealer) marking up a product above MSRP. Cars are a bit different than most "manufactured products". Let me ask you this...when you buy any other car...besides a GT500, do you go in and offer to pay MSRP? I sure don't...I negotiate down to pay something less...and am usually successful. If you want to buy only at MSRP, you should go to Saturn...that's how they operate (not sure what they are doing with the new Saturn Sky). Dave Actually, I was at a local Chrysler dealership this past week and they had ADM for ALL 2007 model year vehicles on their lot, not just specialty vehicles. So, I bought a very recently built 06 instead. No ADM, incentives/rebates + employee pricing along with low financing rates. No real haggling needed with the exception of how much they would give for my slightly used trade. Link to comment Share on other sites More sharing options...
Dropping__Chronic Posted September 6, 2006 Report Share Posted September 6, 2006 I'd rather take a cheesegrater to my teabag and sit in gasoline while smoking than pay over sticker for this, or any other car. It's expensive enough as it is, anyone paying 5-10k over sticker for it needs to stop smoking crack and get into rehab. Link to comment Share on other sites More sharing options...
mcdover Posted September 6, 2006 Report Share Posted September 6, 2006 I'd rather take a cheesegrater to my teabag and sit in gasoline while smoking than pay over sticker for this, or any other car. It's expensive enough as it is, anyone paying 5-10k over sticker for it needs to stop smoking crack and get into rehab. Great, another 2 post bomb thrower! mcdover, Sidenote: That's very close to one of the reasons why I started this thread, but there's more on that to follow later. Rest assured that I have no intentions of profiting from one of the cars, but I'll be damned if they will either now. All will make sense in due time... Mike. Uh, are you possibly thinking about selling the 2nd one to someone who can only afford MSRP? Now the topic of this thread is starting to make some sense. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.