GT350

GT350 Dealer Markup article

Thread Tools
 
Search this Thread
 
Old 1/27/16, 09:46 AM
  #1  
Member
Thread Starter
 
Ricochet's Avatar
 
Join Date: September 25, 2015
Location: SC
Posts: 25
Likes: 0
Received 0 Likes on 0 Posts
Exclamation GT350 Dealer Markup article

https://www.yahoo.com/autos/ford-she...161205492.html


Wow!
Old 1/27/16, 10:56 AM
  #2  
Member
 
ClayP's Avatar
 
Join Date: March 18, 2015
Location: Houston, TX
Posts: 47
Likes: 0
Received 0 Likes on 0 Posts
So basically you could buy a brand new GTR Nismo or almost an R8 - or have....a mustang. lol.
Old 1/28/16, 12:33 PM
  #3  
Member
Thread Starter
 
Ricochet's Avatar
 
Join Date: September 25, 2015
Location: SC
Posts: 25
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ClayP
So basically you could buy a brand new GTR Nismo or almost an R8 - or have....a mustang. lol.
Yep, pretty crazy! For that amount of money I would get a GTR.
Old 1/31/16, 08:42 PM
  #4  
bob
Legacy TMS Member
 
bob's Avatar
 
Join Date: May 16, 2004
Location: Bristol, TN
Posts: 5,197
Received 15 Likes on 10 Posts
****! A friend of mine paid an ADM on his 2016 GT350R but it was a pittance compared to this at 12k.
Old 1/31/16, 08:47 PM
  #5  
Cobra Member
 
SD CALSPCL's Avatar
 
Join Date: March 14, 2007
Location: South Dakota
Posts: 1,131
Received 6 Likes on 5 Posts
The local dealer here has one (2016) with the Tech Package and "only" a $5000 mark up, to $63000.
Old 2/2/16, 12:55 PM
  #6  
TMS Staff
 
Detroit Steel's Avatar
 
Join Date: April 24, 2014
Posts: 295
Likes: 0
Received 11 Likes on 11 Posts
Front page coverage

That's ridiculous. Here's my front page take...
https://themustangsource.com/dealers...y-gt350-16560/
Old 2/3/16, 09:50 AM
  #7  
Cobra R Member
 
1 Alibi 2's Avatar
 
Join Date: March 2, 2012
Location: Hackettstown, N.J.
Posts: 1,550
Received 684 Likes on 347 Posts
A local dealer, Washington N.J., has a 2016 GT350 listed on their website for $ 57,970.00, which is it's window sticker MSRP. ( dealer ordered )
I sent them an e-mail to find out what the " selling " price is.
Waiting for an answer.
They also list a 2014 GT500 for $ 63,100.00 ( new )
.
Old 2/3/16, 07:02 PM
  #8  
Legacy TMS Member
 
houtex's Avatar
 
Join Date: February 2, 2004
Location: Insane
Posts: 7,583
Received 667 Likes on 541 Posts
Yay, yet another 'price gouging' complaint/discussion thread!



I know it's 'fun' to bash the dealers for doing it, and many threads have been spawned by such tactics, but let's be honest here:

1) You *surely* wouldn't buy it at MSRP (or less!) and then turn it around and sell it for, oh, 20% more, would you? Perish the thought!

2) It's only gouging IF SOMEONE PAYS for it. Otherwise, it's just a way to ensure the care doesn't get sold, ever, and if the dealer wants to keep it, but still wants the traffic to see the halo car, then this a method...

3) ...unless someone *does* buy it at that marked up price, so the dealer gives it up. zOMG, they got gouged! And your problem with that is...? They may have 30 million in the bank just to spend on toys like this. This is *chump change* to them. And they have that car. And you don't. Wah/neeners, depending on which side of that you're on.

Just wantin' to get that out of the way, go on with yer caterwauling.

Last edited by houtex; 2/3/16 at 07:03 PM.
Old 2/4/16, 06:06 AM
  #9  
bob
Legacy TMS Member
 
bob's Avatar
 
Join Date: May 16, 2004
Location: Bristol, TN
Posts: 5,197
Received 15 Likes on 10 Posts
Originally Posted by houtex
1) You *surely* wouldn't buy it at MSRP (or less!) and then turn it around and sell it for, oh, 20% more, would you? Perish the thought!

Sure if somebody just walked up and said I'll give you 20% over the sticker for your GT350 regardless of mileage. Crazier things have happened but I'm not so profit minded that I'd be looking to flip a GT350 I picked up at sticker.


Picking up a car like a GT350 and hoping it will be some sort of retirement vehicle even after paying an ADM is pretty risky (just look at all the people who bought early S-197 GT500's at nearly double the price only to have Ford crush their greedy little hearts with the 13/14 cars).


So I'd say its dumb to pay additional mark-up on a car if your looking to flip it for a profit (if you live in a state with property taxes that's going to make it even more of a loser in addition to yearly registration - assuming you just park it in your garage and let it rot).


That of course leaves narcissists with deep pockets and the desire to be the only kid on the block with a new toy - can't do much about those guys, they happily pay an ADM because they don't want to see themselves going down the road and are extremely happy if not another car sells.


Its too bad special models like the GT350 just cant be ordered direct from the factory but it is what it is.
Old 2/4/16, 06:39 AM
  #10  
Cobra Member
 
JoeMidnight's Avatar
 
Join Date: April 21, 2014
Location: Canada, Ontario
Posts: 1,099
Received 2 Likes on 1 Post
Originally Posted by houtex
Yay, yet another 'price gouging' complaint/discussion thread!



I know it's 'fun' to bash the dealers for doing it, and many threads have been spawned by such tactics, but let's be honest here:

1) You *surely* wouldn't buy it at MSRP (or less!) and then turn it around and sell it for, oh, 20% more, would you? Perish the thought!

2) It's only gouging IF SOMEONE PAYS for it. Otherwise, it's just a way to ensure the care doesn't get sold, ever, and if the dealer wants to keep it, but still wants the traffic to see the halo car, then this a method...

3) ...unless someone *does* buy it at that marked up price, so the dealer gives it up. zOMG, they got gouged! And your problem with that is...? They may have 30 million in the bank just to spend on toys like this. This is *chump change* to them. And they have that car. And you don't. Wah/neeners, depending on which side of that you're on.

Just wantin' to get that out of the way, go on with yer caterwauling.

You shed light on the topic in many ways I haven't given much thought to. Your points are valid.

I just hope that people see if that way and really don't pay anywhere near what the dealers asking for.
Old 2/5/16, 11:21 AM
  #11  
Cobra R Member
 
1 Alibi 2's Avatar
 
Join Date: March 2, 2012
Location: Hackettstown, N.J.
Posts: 1,550
Received 684 Likes on 347 Posts
Originally Posted by 1 Alibi 2
A local dealer, Washington N.J., has a 2016 GT350 listed on their website for $ 57,970.00, which is it's window sticker MSRP. ( dealer ordered )
I sent them an e-mail to find out what the " selling " price is.
Waiting for an answer.
They also list a 2014 GT500 for $ 63,100.00 ( new )
.
.
The answer !
Dealer expects the car by the end of the month.
Doesn't expect it to sell @ or below MSRP, and the price hasn't been set yet.
May or may not post a selling price on the website, may post " call for pricing ".
.
Old 2/8/16, 09:07 AM
  #12  
Cobra R Member
 
1 Alibi 2's Avatar
 
Join Date: March 2, 2012
Location: Hackettstown, N.J.
Posts: 1,550
Received 684 Likes on 347 Posts
Contacted a second local dealer today, the place where I bought my 11 @ 2K under MSRP.
They have one coming in mid March.
All they would tell me was:
It will sell above MSRP.
The price hasn't been set yet.
.
Old 3/6/16, 06:17 AM
  #13  
Cobra R Member
 
1 Alibi 2's Avatar
 
Join Date: March 2, 2012
Location: Hackettstown, N.J.
Posts: 1,550
Received 684 Likes on 347 Posts
Got this e-mail on 03/05/2016:
.
Sorry, we are firm at MSRP plus $20,000 on the GT350 & MSRP plus $40,000 on the GT350R

Vivian Zarate
Internet Manager
201-380-1620
All American Ford of Hackensack
520 River Street
Hackensack, NJ 07601
.
According to their website, they have a couple of GT350's on their lot..
.

Last edited by 1 Alibi 2; 3/6/16 at 06:19 AM.
Old 3/6/16, 06:34 AM
  #14  
FR500 Member
 
TripleBlack14's Avatar
 
Join Date: May 22, 2014
Location: Rockaway, NJ
Posts: 3,574
Received 118 Likes on 101 Posts
Originally Posted by 1 Alibi 2
Got this e-mail on 03/05/2016:
.
Sorry, we are firm at MSRP plus $20,000 on the GT350 & MSRP plus $40,000 on the GT350R
At those prices, a used GT500 convertible would be a bargain.
Old 3/7/16, 08:39 AM
  #15  
bob
Legacy TMS Member
 
bob's Avatar
 
Join Date: May 16, 2004
Location: Bristol, TN
Posts: 5,197
Received 15 Likes on 10 Posts
I wonder how MY16 pricing will go when the '17 GT350 goes on sale since Ford is eliminating the stupid requirement of having to pick between the electronics package and the track pack?


Local dealer has a 20k mark-up on a GT350 sitting in the show room but I imagine with the 2017 dealer info having been released its going to collect dust unless somebody comes in and wants it right now.
Old 3/7/16, 08:43 AM
  #16  
FR500 Member
 
TripleBlack14's Avatar
 
Join Date: May 22, 2014
Location: Rockaway, NJ
Posts: 3,574
Received 118 Likes on 101 Posts
Originally Posted by bob
I wonder how MY16 pricing will go when the '17 GT350 goes on sale since Ford is eliminating the stupid requirement of having to pick between the electronics package and the track pack?


Local dealer has a 20k mark-up on a GT350 sitting in the show room but I imagine with the 2017 dealer info having been released its going to collect dust unless somebody comes in and wants it right now.
If I could get a base GT350 for MSRP and no ADM, I would very strongly consider it. It's the only Mustang coupe I'd gladly give up my GT convertible for under those terms. I'm not holding my breath.
Old 3/16/16, 08:46 AM
  #17  
V6 Member
 
TxBoss23's Avatar
 
Join Date: February 9, 2013
Location: Denison, TX
Posts: 57
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by TripleBlack14
If I could get a base GT350 for MSRP and no ADM, I would very strongly consider it. It's the only Mustang coupe I'd gladly give up my GT convertible for under those terms. I'm not holding my breath.
I paid 5k over sticker and have zero regrets. The car is worth it. If the msrp was 5k higher no one would complain at all.
Old 3/16/16, 10:46 PM
  #18  
Mach 1 Member
 
berzerk_1980's Avatar
 
Join Date: April 30, 2014
Posts: 936
Likes: 0
Received 40 Likes on 38 Posts
Originally Posted by TripleBlack14
If I could get a base GT350 for MSRP and no ADM, I would very strongly consider it. It's the only Mustang coupe I'd gladly give up my GT convertible for under those terms. I'm not holding my breath.
I was extremely disappointed to learn that the base GT350s can't make it through 15 minutes of track time. So even at MSRP it would have to have the track package. And then there's the Fusion factor...
Old 3/16/16, 11:43 PM
  #19  
bob
Legacy TMS Member
 
bob's Avatar
 
Join Date: May 16, 2004
Location: Bristol, TN
Posts: 5,197
Received 15 Likes on 10 Posts
Originally Posted by berzerk_1980
I was extremely disappointed to learn that the base GT350s can't make it through 15 minutes of track time. So even at MSRP it would have to have the track package. And then there's the Fusion factor...
The 2017's will have the track pack standard, I suppose due to the issue your citing and somebody at Ford accidently getting hit in the head with a connecting rod and knocking some sense into them.


Mark Reuss took a nice square jab at Ford and said you wont have to buy a "track pack" with the ZL1 and rightly so as it was foolish both to leave it out and to make it exclusive having to choose between the track pack and electronics pack.


Its too bad that the ZL1 isn't out right now and pricing available. If they can deliver the car in the 50k range or just in below the base price of a GT350R loaded with all the ZL1 options it will be a real slap in the face and here's hoping it takes some wind out the sails of dealers putting huge mark-ups on the GT350 and the R.
Old 3/17/16, 11:02 AM
  #20  
Cobra R Member
 
1 Alibi 2's Avatar
 
Join Date: March 2, 2012
Location: Hackettstown, N.J.
Posts: 1,550
Received 684 Likes on 347 Posts
Got this e-mail on 03/11/2016:
.
.
I wish you the best of luck. We have taken a number of orders and reduced our pricing from $20,000 over MSRP to $10,000 over MSRP.
If you are interested we have one in stock on our showroom floor and our allotment has about 1 more car besides the ones people have already claimed with minimum deposits of $2500.

Please let me know.




Kindest regards,

Randy Fichtelberg
Internet Manager
Magarino Ford
375 Route 23 North
Sussex, New Jersey 07461
(973) 702-8000 ext. 215
.






Quick Reply: GT350 Dealer Markup article



All times are GMT -6. The time now is 06:26 AM.