http://cgi.ebay.com/ebaymotors/ws/eB...2894922&rd=1,1

No reserve. Current high bid is $48.6K. Used white with blue stripes. 1000 miles.

 

The use of NO RESERVE on is becoming more common in ebay. Looks like crazyhorse might be right about MSRP not being too far away.

 

Sold for $48,600.

 

This is the opposite side of the spectro:

http://cgi.ebay.com/ebaymotors/NEW-2...QQcmdZViewItem

This dealer might have received their GT500 one year too late.

 

With '08s arriving, the '07s are likely to soften a little. Once the '07s soften up, the '08s should follow.

IIRC, the Terms really softened up after the '04s came out.

 

Where do they find these people and how did they ever manage to get their paws on a business the magnitude of a new car dealership? I doubt most of them have ever spent the first day in a basic business class.

 

I just offered MSRP on that auction, just for fun

 

If in fact it really has sold, the buyer paid approx. $5000 over the MSRP of a new 2007 and he has a used car. Not much of a deal in my mind.
Allegro

 

Not only that but foer the raping they are asking for this car you would think they would have been smart enough NOT to put their little dealer decal on the right side under the rear spoiler. That stuff really p*sses me off. I buy a car from you and get bent over and you want me to advertise for ya....yea OK.

 

How can you get raped on something you have to consciously sign the paperwork for??

 

On the first day it tells you to give away hot merchandise?? Its not like they are even remotely close to Nike or Coach profit trying for only a 40% margin. If it was done like Nike it would be a $400,000 car. Plus ebay/autotrader/newspapers etc are just a list of unsold vehicles. Someone will offer what they really want for it and it will be sold. You aren't going to have much success in business aiming low. I am sure if you came up with a $1 widget you can sell for $100 you SURELY would not say 'nah, just do them for $2.50. Expensive is a relative term.

I've sold a couple hundred vehicles on Ebay. Sometimes putting a stupid high number on a car will generate 2-3 times the email offers and traffic then doing a 'fair' market price of $5k over. Business classes don't mean **** about ****, btw. If the professors knew what they were talking about, they surely wouldn't be stuck teaching kids about 'business'.

 

A GT500 with cheesy *** walmart carpet mats..

 

The mats they come with aren't much better than that. I had the dealer leave mine in the wrapper while I waited for decent mats from SAI. Also, you still don't get a counter balanced hood, just a metal prop rod. Even my 63 Nova SS convert has a counter balanced hood. Should we expect more for $10,000 - $20,000 over MSRP .
Bob

 

[ Business classes don't mean **** about ****, btw. If the professors knew what they were talking about, they surely wouldn't be stuck teaching kids about 'business'.[/quote]

Hmmm 6 figure salary, summers off, and awesome bennies??! Whats wrong with this picture??!

 

You're kidding right? it was a few years ago now, but as I recall a large portion of my Professors were looooaaaded and had taken up the task of teaching because they wanted to and no longer needed a 'real job' to bring in additional income. (and that is saying something given what a professor makes) Off the top of my head I recall a M5, a Maserati, and enough Porsche's to make you think the University had a dealership among ther faculty rides. Of course, I lament daily that I had to learn the basics of business from these poor slobs.

As for the problem with the pricing strategy the dealers discussed in this thread are using....if you don't get it without somebody explaining it to you then I doubt you ever will. What we are discussing here is an item that people will need to purchase over and over again throughout their lives and which costs enough that they typically will notice how they are treated. generally speaking the ideal here is to build a relationship with your customers so they will keep coming back to your store for their vehicles.

If you think tacking an additional 10k onto the msrp of anything is the best way to do this then congratulations, you stand in the company of a slew of Ford dealerships who complain that they can't make enough money likely due in no small part to the fact that a lot of folks would rather visit their local dentist than step into their local dealership again.

So, were I in these guys shoes, instead of tacking a 10k ADM onto the sticker of my GT500's I would do what Ferrari does and use them to improve existing good relations with a select group of loyal customer, who also happen to be interested in high performance, by offering them these car at MSRP. Any cars left over after this, if there were any, would still be offered at MSRP since a customer who can afford to drop that kind of coin on a Mustang, and is willing to do so, is likely a Ford enthusiast and I want their business over and over again.

I don't want to sell this kind of customer one GT500 for 10-15k over sticker making a few extra bucks now but doing nothing to gain his loyalty. I want to sell him a GT500 at sticker while the rest of the world is politely asking him to bend over, and then I'll sell him his next three F-350's and his wife's Lincoln MKX too because I was the one not trying to stick it to him. Add up the extra money made over time by giving this guy a reason to come back through both the initial sale of the cars and any maintenance work and a quick 10k on a GT500 seems like a poor trade.

There I go thinking long term again. D*@n Professors.

 

No, he's not kidding....he's a car salesman if you didn't know, so he presents their perspective....

 

That reminds, I need to make an appointment at the dentist.

Oh, and my MSRP offer was declined. Darn...

 

Well said.

I have had this conversation with no less than 15 or 20 dealerships and only 2 have understood it (or cared). One of the 2 did not get enough allocation for me to get one and the other will be delivering the first of many Fords that I buy from them in about 7-10 weeks. The others all went for the quick buck and will never have my business again. 2 of those are local dealers that I have gotten many cars from. The others are fairly local and failed to win my business. Yes I said "win."

In a competetive environment like car sales, each lost sale hurts the dealership. ****ing me off and not even getting me in the door to have a chance at the sale totally eliminates the chance of a sale.

The dealer selling me the GT500 at sticker has likely earned my business for a lifetime. Not to mention the referrals that a flashy car like a GT500 will generate. "Nice car, where did you get it?" "Let me tell you where and why."

 

Actually Kevin is one of the best dealers to work with. He helped a friend of mine pick up a red stripe for 5 over sticker. He is just presenting the business side.

Roger

 

We have beat the ADM subject to death the last year or so and I personally am with you guys on it. I too did as you did Crazyhorse. The dealer I bought my last 6 cars from played the game and the one I now take all of my service work to did the same. I ended up going out of state....if you knew me that is something I despise almost as much as going overseas....but I tried my darndest to make the deal work with my dealer to no avail. In the end I did what I needed to do and so did he. I still take my service work there, as they have the best shop around. I will always take my work there so long as they keep up their end and do awesome work. But when it comes time to buy a new vehicle..likely at year end this year...I will be whoring the thing to every dealer I can find in 3 states. I told my dealer as much and he didnt care so oh well. I appreciate loyality in my customers and I just wish my dealer did as well. I have come to respect this decision and other guys such as Kevin's. We all have our own opinion and Im not going to let mine et in the way of meeting great people on here and learing alot of good things about our cars.