Let the Gouging Begin...
Cobra Member
Joined: January 13, 2005
Posts: 1,339
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It's interesting... I posted a message a while back about being frustrated that people are willing to pay 5k over MSRP for the GT and that because of that it was harder and harder to find a decent deal and several people replied stating that they were happy to pay it... etc. etc.
And would do it again for the privelage of driving a new Mustang.
I personally wouldn't pay over MSRP for ANY car as was stated earlier it will depreciate the moment you drive it off the lot.
In the end a car is a vehicle to get you from A to B I love my Mustang but as much as I love it I woudn't let that blind me at purchase time so that I take it in the rear.
25k over invoice... that's so laughable that it's almost unbelieveable... but what's scarier is there probably WILL be several people who will pay it... for the "privelage" of driving it.
And would do it again for the privelage of driving a new Mustang.
I personally wouldn't pay over MSRP for ANY car as was stated earlier it will depreciate the moment you drive it off the lot.
In the end a car is a vehicle to get you from A to B I love my Mustang but as much as I love it I woudn't let that blind me at purchase time so that I take it in the rear.
25k over invoice... that's so laughable that it's almost unbelieveable... but what's scarier is there probably WILL be several people who will pay it... for the "privelage" of driving it.
Thread Starter
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This is his response...
and mine to his...
OK let everyone know that we already have deposits and agreements from 5 customers! Also let them know that we are going to get 15 of the approx. 7,500 built, this isn't going to be any old Mustang, look at the other cars on the market with 500 HP how much are they? Not a one is less than $75,000. Besides the car isn't real yet and its still 2yrs out. Good luck!
5 s u c k e r s is more like it. All that I've shared your pricing with agree that your dealership is simply price gouging and that, unfortunately, there are those with the disposable income that are willing to allow dealers such as Apple to get away with such unabashed gouging.
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
IMHO, the GT500 is about as much an improvement in aggragate over the GT as was the 2003-4 Cobra over its GT stablemate in terms of RELATIVE overall performance improvement. Thus, I would be willing to spend about the same price premium over the GT, giving about a $35K price point. Any gouging above that, whether by Ford itself or its dealers, and my warm and fuzzies over laying down hard cash for it turn cold and prickly.
While it's straightline performance alone may be unique at even the $40K mark, it appears the rest of the package and performance envelope will have very accute competition at well below that mark.
Hopefully Ford won't get greedy on this and is just testing the waters with its pricing rumors to see what the market would bear, though all that fawning acceptance of the $40K price by so many here may well embolden Ford to actually charge that much rather than something along the $35K line.
We'll see, but hoping against corporate/dealer greed is a fool's pursuit I guess.
While it's straightline performance alone may be unique at even the $40K mark, it appears the rest of the package and performance envelope will have very accute competition at well below that mark.
Hopefully Ford won't get greedy on this and is just testing the waters with its pricing rumors to see what the market would bear, though all that fawning acceptance of the $40K price by so many here may well embolden Ford to actually charge that much rather than something along the $35K line.
We'll see, but hoping against corporate/dealer greed is a fool's pursuit I guess.
Mach 1 Member
Joined: October 3, 2004
Posts: 741
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From: South Jersey
Originally posted by rhumb@April 6, 2005, 4:38 PM
Hopefully Ford won't get greedy on this and is just testing the waters with its pricing rumors to see what the market would bear, though all that fawning acceptance of the $40K price by so many here may well embolden Ford to actually charge that much rather than something along the $35K line.
We'll see, but hoping against corporate/dealer greed is a fool's pursuit I guess.
Hopefully Ford won't get greedy on this and is just testing the waters with its pricing rumors to see what the market would bear, though all that fawning acceptance of the $40K price by so many here may well embolden Ford to actually charge that much rather than something along the $35K line.
We'll see, but hoping against corporate/dealer greed is a fool's pursuit I guess.
Mach 1 Member
Joined: February 18, 2004
Posts: 874
Likes: 0
Originally posted by briden@April 6, 2005, 2:47 PM
This is his response...
and mine to his...
This is his response...
OK let everyone know that we already have deposits and agreements from 5 customers! Also let them know that we are going to get 15 of the approx. 7,500 built, this isn't going to be any old Mustang, look at the other cars on the market with 500 HP how much are they? Not a one is less than $75,000. Besides the car isn't real yet and its still 2yrs out. Good luck!
5 s u c k e r s is more like it. All that I've shared your pricing with agree that your dealership is simply price gouging and that, unfortunately, there are those with the disposable income that are willing to allow dealers such as Apple to get away with such unabashed gouging.
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
At the end of the day, all that price gouging does is turn people off the brand. Maybe not all of the hard core enthusiasts on this board, but certainly anyone with an ounce of common sense. This is no way for Ford to get back in the black.
$25K over sticker? In all my years I've never heard of anything so utterly nonsensical. Ford should pull that dealership's franchise on the spot.
And yeah, for $65K, you're into a whole different world of high-end options. Once you get up into that league, the Shelby isn't even on the radar anymore, IMHO.
AKA 1 BULLITT------------ Legacy TMS Member
Joined: January 29, 2004
Posts: 7,738
Likes: 361
From: U S A
Originally posted by Imatk@April 6, 2005, 3:08 PM
... several people replied stating that they were happy to pay it... etc. etc.
... several people replied stating that they were happy to pay it... etc. etc.
It seems to me there are not too many rich people posting around here. What I can tell of the make up of this board is mostly working people making a decent living, true enthusiasts, young people, some kids, and a lot of dreamers who could hardly afford a used V6 let alone a new GT500.
The source needs to be considered as well as the contents of the posts. Ford personnel visit boards such as TMS all the time and do quite well on figuring out what their customer base will likely be. Besides, they have the numbers and surveys to influence their options and decisions.
Cobra Member
Joined: January 13, 2005
Posts: 1,339
Likes: 1
Originally posted by 1 BULLITT+April 6, 2005, 6:57 PM--><div class='quotetop'>QUOTE(1 BULLITT @ April 6, 2005, 6:57 PM)</div><div class='quotemain'><!--QuoteBegin-Imatk@April 6, 2005, 3:08 PM
... several people replied stating that they were happy to pay it... etc. etc.
... several people replied stating that they were happy to pay it... etc. etc.
It seems to me there are not too many rich people posting around here. What I can tell of the make up of this board is mostly working people making a decent living, true enthusiasts, young people, some kids, and a lot of dreamers who could hardly afford a used V6 let alone a new GT500.
The source needs to be considered as well as the contents of the posts. Ford personnel visit boards such as TMS all the time and do quite well on figuring out what their customer base will likely be. Besides, they have the numbers and surveys to influence their options and decisions.
[/b][/quote]
Well i didn't write that they DID pay I wrote that they "stated" that they were happy to pay it.
Whether or not they did or didn't pay I couldn't possibly know.
But I would assume that someone wouldn't waste their time by reporting that they had bought a car for more than they paid for it. That would kind of be like admitting to a rather foolish act when they didn't commit said act.
Perhaps I will hire an investigator to track them down and find out
V6 Member
Joined: January 10, 2005
Posts: 98
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Originally posted by briden@April 6, 2005, 2:47 PM
This is his response...
and mine to his...
This is his response...
OK let everyone know that we already have deposits and agreements from 5 customers! Also let them know that we are going to get 15 of the approx. 7,500 built, this isn't going to be any old Mustang, look at the other cars on the market with 500 HP how much are they? Not a one is less than $75,000. Besides the car isn't real yet and its still 2yrs out. Good luck!
5 s u c k e r s is more like it. All that I've shared your pricing with agree that your dealership is simply price gouging and that, unfortunately, there are those with the disposable income that are willing to allow dealers such as Apple to get away with such unabashed gouging.
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
I highly doubt little ol' Apple Ford of Columbia, MD is going to get allotted 15 Shelbys. I think it is more likely that you'll be hard pressed to fulfill the 5 orders you've supposedly already taken.
Just because other cars on the market with similar performance are priced from the manufacturer at a certain level does not justify your dealership tacking $25,000 on top of the Shelby's sticker price to equal those other MSRPs! If the car was truly worth what those other high performance vehicles are, then Ford would sell it for that price. Obviously your low volume dealership is simply using this opportunity to line it's pockets.
At least you're upfront with your unscrupulous pricing practices. Now I can concentrate on establishing a relationship with an honest dealership
In response to xbolt68stang's comments on the Z06, I agree, but good lucking getting a Z06 for less than $75K. I haven't checked any of the Vette chat sites, but I am sure they are going through the same type of situation with their dealers. It may even be more common on the GM side because Vette buyers can afford to pay $45K-$55K for the standard car.
Does anyone know how many Z06s will be produced? I have not heard, but perhaps GM did the right thing by not stating production quantities? The way I see it, Ford is only fueling fire by committing to a quantity more than a year before the car goes into production.
V6 Member
Joined: March 25, 2005
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You guys do know that it's us, the consumers, that set the price, right? A dealership can only charge $65k if someone is willing to pay it. You guys are also aware that every new car gets gouged at first, right? Just wait 3-6 months and pick one up at MSRP (or below).
Bullitt Member
Joined: February 5, 2004
Posts: 393
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Originally posted by houtex+April 5, 2005, 4:53 PM--><div class='quotetop'>QUOTE(houtex @ April 5, 2005, 4:53 PM)</div><div class='quotemain'>What needs to happen is there needs to be a dealer delivery system whereby those who want to get their car now can just go get one at the dealer, whereas those who want a specific one can order it online, Ford builds it, and ships it to a dealer near you, where you can pick it up.
Like JC Pennys for cars.
[/b]
Like JC Pennys for cars.
[/b]
I'll build the website if you need one
] lol
Originally posted by S197Cobra@April 5, 2005, 5:40 PM
<!--QuoteBegin-houtex
<!--QuoteBegin-houtex
@April 5, 2005, 2:53 PM
What needs to happen is there needs to be a dealer delivery system whereby those who want to get their car now can just go get one at the dealer, whereas those who want a specific one can order it online, Ford builds it, and ships it to a dealer near you, where you can pick it up.
Like JC Pennys for cars.
What needs to happen is there needs to be a dealer delivery system whereby those who want to get their car now can just go get one at the dealer, whereas those who want a specific one can order it online, Ford builds it, and ships it to a dealer near you, where you can pick it up.
Like JC Pennys for cars.
The more I think about it, the more I like the idea. Surely the car manufacturers have thought of this. They're in a perfect position to do it, and they make more money than if they sold it to a dealer.
Dave
[/quote]
I sent those holes an e-mail.
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Joined: April 7, 2004
Posts: 1,204
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Originally posted by Robert+April 6, 2005, 2:52 AM--><div class='quotetop'>QUOTE(Robert @ April 6, 2005, 2:52 AM)</div><div class='quotemain'><!--QuoteBegin-briden@April 5, 2005, 1:42 PM
I received this from a dealer to which I had inquired on a GT500 waiting list...
I replied...
I received this from a dealer to which I had inquired on a GT500 waiting list...
Ever since the GT 500 info. hit the net and the car has been shown at the New York Auto Show we have been bombarded with inquires and order requests. We are now at this time organizing the list and taking deposits to secure spots on the list in hopes of sifting out those who will actually be able to get their hands on one. We are planning on having 15 GT 500s to sell. At this time we are requiring a $1,000 deposit which will hold your spot and the price will be no less than $25,000 over MSRP. Production will be around 7,500 total for 2007. You may stop by anytime to leave your deposit and secure your spot in history for what will be the hottest, baddest, muscle car ever to hit the road!
Go ahead and remove me from your "list". $25000 over MSRP...that's the funniest thing I've heard in a long time...and $1000 to be on the list to boot!
I'll have to share this with my friends on the net. I'm sure they'll appreciate me letting them know which dealer to avoid in this region.
I'll have to share this with my friends on the net. I'm sure they'll appreciate me letting them know which dealer to avoid in this region.
That's either the funniest or stupidist thing I've ever heard.For $25K US and a 20% or so exchange rate, you could travel to Canada where this kind of dealership price gouging is strictly forbidden, buy one at MSRP, travel around for a month or so in your new car, then come home and pay the duty and still have money in the bank!
:crazy:
[/b][/quote]
yay, lets all go to Canada where they do not engage in capitalism. yes, better for getting a GT500, but not better for the economy.
Mach 1 Member
Joined: February 18, 2004
Posts: 874
Likes: 0
Originally posted by Badandy+April 9, 2005, 8:42 PM--><div class='quotetop'>QUOTE(Badandy @ April 9, 2005, 8:42 PM)</div><div class='quotemain'>
That's either the funniest or stupidist thing I've ever heard.
For $25K US and a 20% or so exchange rate, you could travel to Canada where this kind of dealership price gouging is strictly forbidden, buy one at MSRP, travel around for a month or so in your new car, then come home and pay the duty and still have money in the bank!
:crazy:
Originally posted by Robert@April 6, 2005, 2:52 AM
<!--QuoteBegin-briden
<!--QuoteBegin-briden
@April 5, 2005, 1:42 PM
I received this from a dealer to which I had inquired on a GT500 waiting list...
I replied...
I received this from a dealer to which I had inquired on a GT500 waiting list...
Ever since the GT 500 info. hit the net and the car has been shown at the New York Auto Show we have been bombarded with inquires and order requests. We are now at this time organizing the list and taking deposits to secure spots on the list in hopes of sifting out those who will actually be able to get their hands on one. We are planning on having 15 GT 500s to sell. At this time we are requiring a $1,000 deposit which will hold your spot and the price will be no less than $25,000 over MSRP. Production will be around 7,500 total for 2007. You may stop by anytime to leave your deposit and secure your spot in history for what will be the hottest, baddest, muscle car ever to hit the road!
Go ahead and remove me from your "list". $25000 over MSRP...that's the funniest thing I've heard in a long time...and $1000 to be on the list to boot!
I'll have to share this with my friends on the net. I'm sure they'll appreciate me letting them know which dealer to avoid in this region.
I'll have to share this with my friends on the net. I'm sure they'll appreciate me letting them know which dealer to avoid in this region.
That's either the funniest or stupidist thing I've ever heard.For $25K US and a 20% or so exchange rate, you could travel to Canada where this kind of dealership price gouging is strictly forbidden, buy one at MSRP, travel around for a month or so in your new car, then come home and pay the duty and still have money in the bank!
:crazy:
yay, lets all go to Canada where they do not engage in capitalism. yes, better for getting a GT500, but not better for the economy.
[/b][/quote]
Ohhhh, I get it, you're one of those people who are actually crazy enough to buy a Shelby for $65K US.
Yeah, let's all go to Badandy for economic advice. Before we know it, he'll have sold all our assets off to foreign interests, run up our personal debts, obliterated our personal pensions and convinced our employers to replace us with illegal aliens willing to do the same job for less than a quarter of our original wage.
I think it's called "exporting America."
Team Mustang Source
Joined: November 13, 2004
Posts: 1,051
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Originally posted by briden+April 5, 2005, 2:52 PM--><div class='quotetop'>QUOTE(briden @ April 5, 2005, 2:52 PM)</div><div class='quotemain'><!--QuoteBegin-TheMustangSource@April 5, 2005, 2:44 PM
Which dealership?
Which dealership?
[/b][/quote]
Or as I like to call them Rotten Apple Ford. I hate that dealer. I dont know if you caught my post about their service department, but they want to keep my car for 4-5 days to "diagnose" my fuel tank problem. :notnice: :notnice:
GT Member
Joined: February 14, 2004
Posts: 186
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Originally posted by AbusiveWombat@April 7, 2005, 2:07 PM
Just wait 3-6 months and pick one up at MSRP (or below).
Just wait 3-6 months and pick one up at MSRP (or below).
Yes some people will be dumb enough to pay that price. I know of 3 people that paid $10k over for an 03 when they came out. The thing to do is this. Let people know about this. Get threads started on EVERY mustang board. The more people know the more they can think about it. The more they think about it. The less likely they are to pay that much more over MSRP.
GT Member
Joined: February 14, 2004
Posts: 186
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Originally posted by mr-mstng+April 6, 2005, 6:04 AM--><div class='quotetop'>QUOTE(mr-mstng @ April 6, 2005, 6:04 AM)</div><div class='quotemain'><!--QuoteBegin-burningman@April 5, 2005, 10:29 PM
probably the same guy that bought the GT500E vert from barret jackson for half a mil
probably the same guy that bought the GT500E vert from barret jackson for half a mil
I'm beginning to wonder if monetary wealth and cranial functions are inversely related. :scratch:
[/b][/quote]
IF that's the case. Then I want to be VERY stupid.
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