Someone said that if I wanted to be on the short list for a Shelby GT500, I should start now.....so I called my dealer (Earnhardt Ford in Chandler, AZ). HE said sure...10K over MSRP with a 10K deposit.

He didn't even offer to buy me a drink first.

Anybody out there in Arizona or the Southwest have a good relationship with a Ford dealer who, at least, doesn't telegraph his Carnal Intentions?

 

Hey maybe he will hold you after words...

 

Ouch! Disapointing, but I'd have to say that I would expect a mark up like that with the limited status that the car will have. After all, they had a $5000 mark up on the GT's! Earnhardt in Tempe did anyway.

 

The stinky thing is that you can't finance any markups. Any markups on your car come out of your pocket.

 

Some banks will finance up to 110% percent of the the MSRP of the car. I know for certain that U.S. Bank will, though thankfully I don't have to do so.

 

Do dealers who do these ridiculous mark-ups really think that makes them look good??/ Think about it ... if I saw a dealer with 1 Gt @ no mark-up I owuld go there and anyone who is in need for a Mustang, I would mrefer them to that dealer which equals more business. the dealers think about short-term profit when with no mark-ups they could maximize their potntial gain even greater with no mark-ups on these cars. It's ridiculous.

Matt

 

Sanderson treated me right, and took my x-plan. No Hassles, no B.S.

They are an SVT dealer as well.

 

ouch! :notnice: but then again what ya gonna do? cash money baby. its business. hot commodity, chance to set the price and turn a huge profit, ravenous buyers absolutely salivating at the mere thought of being able to pitch ridiculous gobs of money at you for the opportunity to be the first, second, third, fourteenth, i'd do the same thing, charge what the market will bear. dumb to turn down the opportunity for that kind of profit. same types that shelled out 35k for the gt will shell out 45 and maybe 50 for the gt500. stinks for us that cant afford that kind of expenditure but again, what ya gonna do?

if i could get one at near cost in the first week and turn around and sell it for the cost of one and a half or maybe two gt's id do it in a heartbeat, pocket the profit and either get in line for another or get a gt and mod the yahoo out of it.

just me though

 

Thanks, Tony. I'll check with them. By the way, you once talked about a lightly-traveled road that you liked to play on. Any chance that was Riggs Road?

 

So since we have some Arizona people in here, who is going on the Pony Trails run this weekend? BTW, we got ours at Earnhardt Tempe and they were outstanding.

 

No, they really think they're going to get the money. They couldn't care less what you or I think about it. Someone IS going to pay more for the car than MSRP. And if they can't then the mark up goes away, and you can have it then, I suppose.

But I bet they get it. Some people would rather have the thing first than wait. And dealers know it.

What I'm waiting to see posted is the "greedy owner!" who attempts to sell their car that they got for MSRP or less for an extra $5k.

Or in the case of a nice 1966 Mustang GT convertible, the "how dare he sell it for 4-6 times the MSRP when new!"

/perspective.

 

This doesn't in any way change the fact that for a dealer to ask 1k, 2k, 5k, 10k, or even 5 cts more than MSRP it's not morally correct: if they sell the car at what Ford believes it's the fair price for the car (=MSRP), they still have their profit.

When I was going to different dealerships in order to buy my GT, the first one I came across was asking 5k over MSRP...I didn't get it purely for a matter of principle...then I found another dealership with better GT's (the first dealership had absolutely no car with IUP, while the second had 3 GT's with it) and no mark up at all and I bought it from them.
I can assure you that I will never buy anything from the first dealership and I have duly informed all people I know of the mark up in the first one and many were really outraged...To sum it up, when they do this despicable practice, they risk not loosing only one client, but many more and I feel they deserve it.

 

Honestly, I have no problem with dealers marking vehicles up. If they get the money, they get the money. If no one bites, they'll drop the price until someone does. Simple supply and demand. It goes with the territory when purchasing a limited-production, highly-sought-after vehicle.

As long as the dealer is up front about it of course. If a dealer accepts an order at a certain price (MSRP, or one of the plans), then they should honor that commitment.

Besides... supply and demand certainly works the other way as well, considering the vast majority of new vehicles (at least those made by the Big 3) have anywhere from $500-$4000 in incentives on the hood just to move them.

If I were a dealer, and had 1 or 2 Shelby allocations for the year, I know I'd do the same thing. Highest bidder.

 

I'm afraid I agree. Customers have little or no loyalty these days. As a rule, they're out to get the car for as little as possible and 5 years from now when they go to buy another car are they going to cheerfully pay MSRP on a minivan for the wife just because a dealer was "kind enough" to sell them their GT for MSRP 5 years ago? Not a chance in a million!! The customer will be shopping the internet, checking with Costco, trying to get an X-plan pin number, etc., etc.

It really is a supply & demand deal. If it's dead merchandise you take what you can get and you're thankful you sold it at all. If it's hot merchandise, you line 'em up and let 'em slug it out with their checkbooks.

If you had a pocket full of change and found a rare $20 gold piece would you sell every coin for face value? No way!! You'd happily sell the nickels for 5 cents and the quarters for 25 cents... but no way, no how would you sell the $20 gold piece for twenty bucks if there are buyers who would pay $1000 for it!!!

Same deal goes for cars. Buy your convertible in a December blizzard and expect a better deal than on the first 90-degree day in June. Buy the hottest car of the year and expect to pay a premium price to get it.

I don't necessarily like it... but I darn sure understand it.

Steve

 

If you don't mind a drive across town check out Sunset Ford. I got mine indirectly (through a buying service) through Sunset and they treated me well.

Earnhardt's in Chandler may be the oldest of Tex's dealerships but its also the least customer friendly.

 

Send an email to every Ford dealership within a few hundred miles and see if you get a bite. If you get someone who will give you a good deal drive over there and give them a (refundable) deposit.

 

10k down?
oh yeah I have that right here in my wallet. hey do you have change?
geez! that stinks--good luck to you!

 

I have to sort of laugh at some of this I been reading since the the GT500 pics came out. We got all these people talking about buying the car like they got to have it and are figuring they will get it for under 40k. Some one might, but if things go like they did with the 05 Mustang ,or the Ford GT, or the Tbird, with the hugh markeups they had, I doubt anyone will touch this car for anywhere near MSRP.

Just watch and see, we havnt even begun to see all the money making sceemes on this car. Watch for Ebay bids tfor all kind of crazy sceames.I'll bet they will double the price on this car before anyone even touches one. And we all know ol Carrols 82 and not getting younger. If he dies and they dont make an 08 Shelby, this car ,though its not a limited production, will go through the ceiling in price. And I'm not saying I wouldnt love to have one, I wish I could afford one.I'd probably seal it up and store it, and then sell it in about 10 -15 years and retire on the profits. But reallity is I love my 05, I waited many years to get it,I can afford it, its a perfect daily driver, 19.3 mpg on reg fuel, 300hp, with gas prices expected to reach $3.00 soon. That's about as good as it gets for a daily ride.

Now if I had money to buy a GT500 for a sunday driver that would be awsome, cause I dont think the Gt500 would make a very good daily driver. This car is a monster, and that not exageration, 500hp,this things a streat legal race car! And you got to know, burning premium fuel, getting maybe 15 mpg around town , with gas at $3.00, it aint gonna be no cheap ride, nor the most comfortable with a tight ,tuned suspension. This car will make history just like the originals.

 

Agreed. This is how I got mine on Jan. 2nd. Many who replied offered at MSRP, which is what I paid.

Intersestingly, I got this wonderful offer yesterday for a "previously owned" GT from a dealer that had offered to sell me new one at list. It even has the "spoiler package"! What a deal, huh?

2005 FORD MUSTANG 2DR GT Deluxe
$31,500 *

VIN: 1ZVFT82H255134776

Mileage: 1802

Engine: 4.6L V8

Transmission: MANUAL 5SPD

Exterior Color: SILVER

Interior Color: CLOTH

Stock ID: C2933P

w/spoiler pkg

 

Hmmm exactly the amount i said it would be. case rested