What will happen if Ford goes under?
11/18/08, 11:07 PM
#41
Bullitt Member
Join Date: July 29, 2005
Posts: 405
Likes: 0
Received 0 Likes
on
0 Posts
It may happen to Chrysler, possible GM but unlikely. But Ford is actually the safest of the 3. Hopefully the now lower gas prices will start to hit people and they will begin buying cars again, the housing market will turn around, and we can get on with our lives.
11/18/08, 11:17 PM
#43
I really hope your right. I pray your right in fact. I don't want anyone to fail, really, but if Chrysler goes down, theres some market share to be spread around. All those people losing jobs suck. Even those that already have.
11/18/08, 11:19 PM
#44
Bullitt Member
Join Date: February 19, 2008
Posts: 247
Likes: 0
Received 0 Likes
on
0 Posts
Why? Because dealers are franchises and not owned by the manufacturer. The automaker can't tell them what to do in terms of pricing, nor can they make them do anything to reign in the dealers who charge a huge ADM on cars. Heck, Nissan knew off the bat that its dealers were going to mark up the GT-R, but they stood by and accepted it, as a "free market" and let the public put a "true value" on the car. Not that it makes it right.
It goes back to to the age old question, "He who has money will spend it". Can't blame a dealer who has a specialty/limited run car and someone is willing to give them $XXXXX over MSRP to have the 1st one. Would you turn away extra money for your home, if it was valued at $200,000, but someone came and offered $250,000? Dealers sell most vehicles at invoice, or a few hundred over. The one vehicle that they may get 1 or 2 of, to sell over MSRP isn't a bad idea, just make sure the markup isn't STUPID!!
The highest we ever sold a GT500 was $7,000 back in early 2008! After that, they came down, as the market came down, while other dealers had their cars consistantly marked up at $10.000-$20,000 over list! 
It goes back to to the age old question, "He who has money will spend it". Can't blame a dealer who has a specialty/limited run car and someone is willing to give them $XXXXX over MSRP to have the 1st one. Would you turn away extra money for your home, if it was valued at $200,000, but someone came and offered $250,000? Dealers sell most vehicles at invoice, or a few hundred over. The one vehicle that they may get 1 or 2 of, to sell over MSRP isn't a bad idea, just make sure the markup isn't STUPID!!
The highest we ever sold a GT500 was $7,000 back in early 2008! After that, they came down, as the market came down, while other dealers had their cars consistantly marked up at $10.000-$20,000 over list! Let's start with your example...Let's see,....... If I was going to sell my house I would have to get an appraisal to determine the value of my house (MSRP if you would). The bank says that my house is worth $225,000. I put my house on the market and wait to see how many people are interested. Say I get three people that are interested in my house and one offers me MSRP..The other one says he will give me $230,000 ($5,000 over MSRP) Third one says he will give me $500,000 for my house because he really, really, really likes the way the grass grows in the back yard and the view from the back door as the sun sets...lol
The diffrence here is that the "consumer" determined what he thought was the market value (ADM) of my house to him... not the bank! (dealer)
Why not let the consumer determine how much he or she, is willing to pay for a vehicle...cars would not sit on their lots for as long as they do.
They were not willing to come down on the price of the car...they think someone will pay that ADM and someone may actually pay that...but that potential buyer that was going to buy that FORD, CHEVY or CHRYSLER CAR/TRUCK/SUV which ever (pick one) is now going down the street to buy HONDA/TOYOTA
You see what I'M SAYING
That's not helping the "3 Major Automakers" that are now Depending on help from our Federal Goverment because they did not sell what they were predicting they would sell. (cars still sitting in dealer lots)Do dealers still get the new models even though they still have a lot of left over cars from the year before? Just curious...
I heard that car manufactures pick and choose which dealer they send most of their cars to...depending on how many cars the dealer sells...
________________
Last edited by CooBra07; 11/19/08 at 02:39 AM.
11/19/08, 06:31 AM
#46
Team Mustang Source
Join Date: June 19, 2004
Location: Phoenixville, PA
Posts: 6,840
Likes: 0
Received 2 Likes
on
2 Posts
In my opinion..and this is not directed towards your dealership, but dealers in the US in general.
Let's start with your example...Let's see,....... If I was going to sell my house I would have to get an appraisal to determine the value of my house (MSRP if you would). The bank says that my house is worth $225,000. I put my house on the market and wait to see how many people are interested. Say I get three people that are interested in my house and one offers me MSRP..The other one says he will give me $230,000 ($5,000 over MSRP) Third one says he will give me $500,000 for my house because he really, really, really likes the way the grass grows in the back yard and the view from the back door as the sun sets...lol
The diffrence here is that the "consumer" determined what he thought was the market value (ADM) of my house to him... not the bank! (dealer)
Why not let the consumer determine how much he or she, is willing to pay for a vehicle...cars would not sit on their lots for as long as they do.
They were not willing to come down on the price of the car...they think someone will pay that ADM and someone may actually pay that...but that potential buyer that was going to buy that FORD, CHEVY or CHRYSLER CAR/TRUCK/SUV which ever (pick one) is now going down the street to buy HONDA/TOYOTA
You see what I'M SAYING That's not helping the "3 Major Automakers" that are now Depending on help from our Federal Goverment because they did not sell what they were predicting they would sell. (cars still sitting in dealer lots)
Do dealers still get the new models even though they still have a lot of left over cars from the year before? Just curious...
I heard that car manufactures pick and choose which dealer they send most of their cars to...depending on how many cars the dealer sells...
________________
Let's start with your example...Let's see,....... If I was going to sell my house I would have to get an appraisal to determine the value of my house (MSRP if you would). The bank says that my house is worth $225,000. I put my house on the market and wait to see how many people are interested. Say I get three people that are interested in my house and one offers me MSRP..The other one says he will give me $230,000 ($5,000 over MSRP) Third one says he will give me $500,000 for my house because he really, really, really likes the way the grass grows in the back yard and the view from the back door as the sun sets...lol
The diffrence here is that the "consumer" determined what he thought was the market value (ADM) of my house to him... not the bank! (dealer)
Why not let the consumer determine how much he or she, is willing to pay for a vehicle...cars would not sit on their lots for as long as they do.
They were not willing to come down on the price of the car...they think someone will pay that ADM and someone may actually pay that...but that potential buyer that was going to buy that FORD, CHEVY or CHRYSLER CAR/TRUCK/SUV which ever (pick one) is now going down the street to buy HONDA/TOYOTA
You see what I'M SAYING
That's not helping the "3 Major Automakers" that are now Depending on help from our Federal Goverment because they did not sell what they were predicting they would sell. (cars still sitting in dealer lots)Do dealers still get the new models even though they still have a lot of left over cars from the year before? Just curious...
I heard that car manufactures pick and choose which dealer they send most of their cars to...depending on how many cars the dealer sells...
________________
11/19/08, 03:41 PM
#47
Bullitt Member
Join Date: February 19, 2008
Posts: 247
Likes: 0
Received 0 Likes
on
0 Posts
All I am saying is that dealers do play a part on why our three major automakers are in trouble.
How many people here have gone window shopping and ended up buying something...I know I have.
Many years back...I wanted to buy a new car but was not sure what I wanted. So my wife and I went to our local auto mall. Stopped at the first dealer (Oldsmobile) that had a car that got both our attention. Did not buy there because they were not willing to work with me on the price of the car. We went to the next dealer that had a car that cought our attention (Pontiac) we drove off with a new car that night...because they were more than willing to work with me.
The point is that many people don't know what they want to buy until something catches their eye...and then get turned away becuase the dealer is not willing to negotiate, simply because they "think" they can get full asking price (ADM) from someone else...that's down right greedy...Not to mention that potential buyer has gone somewhere else and bought a car from the competitor.
In my opinion, I would say that 90 to 95 pecent don't know what they want to buy until they see something that catches their eye...
The rest know exactly what kind of car they want, there is nothing that is going to stop them from getting that car, not even ADM's.
_________________
How many people here have gone window shopping and ended up buying something...I know I have.
Many years back...I wanted to buy a new car but was not sure what I wanted. So my wife and I went to our local auto mall. Stopped at the first dealer (Oldsmobile) that had a car that got both our attention. Did not buy there because they were not willing to work with me on the price of the car. We went to the next dealer that had a car that cought our attention (Pontiac) we drove off with a new car that night...because they were more than willing to work with me.
The point is that many people don't know what they want to buy until something catches their eye...and then get turned away becuase the dealer is not willing to negotiate, simply because they "think" they can get full asking price (ADM) from someone else...that's down right greedy...Not to mention that potential buyer has gone somewhere else and bought a car from the competitor.
In my opinion, I would say that 90 to 95 pecent don't know what they want to buy until they see something that catches their eye...
The rest know exactly what kind of car they want, there is nothing that is going to stop them from getting that car, not even ADM's.
_________________
11/19/08, 05:31 PM
#48
Closet American
Join Date: July 17, 2005
Location: Vancouver, BC (Hollywood North)
Posts: 5,848
Likes: 0
Received 1 Like
on
1 Post
He's 16 years old. No adult on this board should get bent out of shape because someone who hasn't even graduated from high school yet makes a mistake and says something stupid.
11/19/08, 06:22 PM
#49
I'd let it go already. I'm sure his sudden absence from this thread is a pretty good indicator that he got the message and feels a bit ashamed.
He's 16 years old. No adult on this board should get bent out of shape because someone who hasn't even graduated from high school yet makes a mistake and says something stupid.
He's 16 years old. No adult on this board should get bent out of shape because someone who hasn't even graduated from high school yet makes a mistake and says something stupid.
11/19/08, 06:30 PM
#51
Shelby GT500 Member
Join Date: April 13, 2006
Location: McAllen, Texas
Posts: 2,752
Likes: 0
Received 0 Likes
on
0 Posts
I'd let it go already. I'm sure his sudden absence from this thread is a pretty good indicator that he got the message and feels a bit ashamed.
He's 16 years old. No adult on this board should get bent out of shape because someone who hasn't even graduated from high school yet makes a mistake and says something stupid.
He's 16 years old. No adult on this board should get bent out of shape because someone who hasn't even graduated from high school yet makes a mistake and says something stupid.
I believe that Ford and the other 2 need to look at the complete problem instead of just focusing on one. And yes I am refering to dealers, unions, and design quality.
11/19/08, 08:22 PM
#52
Team Mustang Source
Join Date: June 19, 2004
Location: Phoenixville, PA
Posts: 6,840
Likes: 0
Received 2 Likes
on
2 Posts
11/19/08, 08:30 PM
#53
Closet American
Join Date: July 17, 2005
Location: Vancouver, BC (Hollywood North)
Posts: 5,848
Likes: 0
Received 1 Like
on
1 Post
Canadian government has already agreed to help auto sector, so Washington may yet be swayed.
11/19/08, 08:34 PM
#54
Super Boss Lawman Member
Your don't mean the Bill Heard dealerships do you? From what I read, they ripped people off BIG TIME over the past many years, and also lost their GMAC Floorplan to pay for the cars they have. Also they are being sued, as they owe $220 Million (or something like that) to creditors and such.
Oh, and your comment about not caring really lit a fire in this thread. Not a good post my friend! You don't care if people lose their jobs? SELFISH!!!
Oh, and your comment about not caring really lit a fire in this thread. Not a good post my friend!
You don't care if people lose their jobs? SELFISH!!!Last edited by BA Mustang; 11/19/08 at 08:36 PM.
11/19/08, 08:40 PM
#56
Super Boss Lawman Member
11/20/08, 04:22 PM
#59
GT Member
Join Date: December 18, 2004
Location: Warrensburg, MO
Posts: 148
Likes: 0
Received 1 Like
on
1 Post
What happens if FORD goes under??
So if Ford goes under, do you think an other company will buy them out? Also does that mean that all of the newer cars out there will not have a warranty anymore??? I have two 2008 ford vehicles with 7 year warranties!!!
Last edited by AircraftTech; 11/20/08 at 04:24 PM.
11/20/08, 04:33 PM
#60
Administrator, Shop Manual PDF Poster, Parts Locator & Spam Bot Eliminator!!
Join Date: November 27, 2004
Location: Visalia Ca.
Posts: 10,166
Received 2,576 Likes
on
1,905 Posts
Let's Not Consider That an Option. Ford will Find a way to Survive with or without this Pending Bailout.
KC
KC