Production Begins!
I don't know that I would get too excited over it being a Special Edition. Back in 2003, they were supposed to build about 5,000 Mach I's and due to demand, ended up with 9652 I believe. Dollars and demand dictate supply; the Bullitt will be no different in my opinion. Don't be shocked to see 10,000 of these if the demand is as high as the anticipation.
I don't know that I would get too excited over it being a Special Edition. Back in 2003, they were supposed to build about 5,000 Mach I's and due to demand, ended up with 9652 I believe. Dollars and demand dictate supply; the Bullitt will be no different in my opinion. Don't be shocked to see 10,000 of these if the demand is as high as the anticipation.
Personally I just don't think this car is going to be found on dealer's lots or showrooms for very long. The price is just too good, and the car is just too nice.
I think those of us who have already ordered are getting in at the right time. In another month or two it's going to be hard to find one.
Here in Canada we will be getting 700. There are 400 Ford dealers in Canada and for certain every one of them is going to order 1- there is just no reason NOT to order one. That will leave just 300 left, and I would imagine most dealers will try to order a 2nd one- but obviously they all can't get a 2nd one. The percentage will work out about the same for the U.S.. Roughly 4000 dealers each getting one leaves only 3000 left.
With all Ford plans being eligible, the car is even more attractive.
I think those of us who have already ordered are getting in at the right time. In another month or two it's going to be hard to find one.
Here in Canada we will be getting 700. There are 400 Ford dealers in Canada and for certain every one of them is going to order 1- there is just no reason NOT to order one. That will leave just 300 left, and I would imagine most dealers will try to order a 2nd one- but obviously they all can't get a 2nd one. The percentage will work out about the same for the U.S.. Roughly 4000 dealers each getting one leaves only 3000 left.
With all Ford plans being eligible, the car is even more attractive.
There is not an allocation for Bullitts. Shelby GT's and GT500's had allocations, but Bullitts do not. The ordering restriction is very different for Bullitts versus the Shelby allocation model. Ford restricts certain commodities required to build cars and reports those to us in weekly memoes. For example, they may say that only a certain percentage can have a specific wheel upgrade, or only a certain percentage can have a manual trans, etc.
In the case of the Bullitts, the latest I read was that each dealer could order 17% of their Mustangs as Bullitts (the other 83% would therefor be V6, GT, GT/CS, Shelby). That's 1 out of 6 as Bullitts. The dealership I work for gets about a dozen Mustangs allocated every month, so 17% of that is 2 Bullitts per month. Smaller dealers may get 0 or 1 per month, bigger dealers would get several per month. If a dealer does not order their share, then they may be shifted to other dealers within that zone/region. We got a couple extra 07 Shelby GT's that way (when other dealers turned them down).
My understanding is similar to RCSignals, in that retail orders will get priority over stock orders. I ordered 2 for stock over a week ago and those orders are sitting in the queue untouched by Ford, so I think Ford is trying to make cars available for those customers who wish to purchase them instead of letting them sit unsold on dealer lots (good move and very customer friendly).<SCRIPT type=text/javascript> vbmenu_register("postmenu_1061654", true); </SCRIPT>
In the case of the Bullitts, the latest I read was that each dealer could order 17% of their Mustangs as Bullitts (the other 83% would therefor be V6, GT, GT/CS, Shelby). That's 1 out of 6 as Bullitts. The dealership I work for gets about a dozen Mustangs allocated every month, so 17% of that is 2 Bullitts per month. Smaller dealers may get 0 or 1 per month, bigger dealers would get several per month. If a dealer does not order their share, then they may be shifted to other dealers within that zone/region. We got a couple extra 07 Shelby GT's that way (when other dealers turned them down).
My understanding is similar to RCSignals, in that retail orders will get priority over stock orders. I ordered 2 for stock over a week ago and those orders are sitting in the queue untouched by Ford, so I think Ford is trying to make cars available for those customers who wish to purchase them instead of letting them sit unsold on dealer lots (good move and very customer friendly).<SCRIPT type=text/javascript> vbmenu_register("postmenu_1061654", true); </SCRIPT>
If there was really a lot of anticipation, I'd have a waiting list for the 2008 Bullitt by now. I have NO list and just one customer order and we're not marking these up (MSRP for anyone).
The Shelby GT500 was highly anticipated. I had over 300 people cycle on and off our GT500 list (which averaged about 70-80 people deep at any given time).
With all due respect, the plan price is only attractive if you can find dealers to honor them, and it's only attractive to the buyer - certainly not to the dealer. Selling on plan means about $1,600 less profit for the dealer versus MSRP.
Now, there are plenty of other vehicles we sell at invoice - or even at a loss - quite regularly that we'd prefer to sell to a plan buyer. So if Bullitts will bring MSRP, why would a dealership honor a plan deal?
Now, there are plenty of other vehicles we sell at invoice - or even at a loss - quite regularly that we'd prefer to sell to a plan buyer. So if Bullitts will bring MSRP, why would a dealership honor a plan deal?
So where do dealers make a good profit- from service and warranty work.
If you sell me a car for x plan and some other dealer refused me- where do you think I'm going to get my warranty work done? Where will I go to get my servicing done? I think you can guess the answer to that.
Being in Canada this whole ADM thing is a bit foreign to me. It just doesn't happen much here.
Every dealer I contacted was willing to take X plan if Ford offered it on the Bullitt.
I'm buying my Bullitt from the same dealer I leased my 05 GT from (and they gave me X plan on the GT, and this was at a time when the GT was in short supply and dealers were having trouble getting them).
This will mark the FIRST time I have ever been a repeat customer at any dealership.
They've been fair with me and have earned my repeat business.
So now I think you have your answer as to why a dealership would (or should) honor x plan.
With all due respect, the plan price is only attractive if you can find dealers to honor them, and it's only attractive to the buyer - certainly not to the dealer. Selling on plan means about $1,600 less profit for the dealer versus MSRP.
Now, there are plenty of other vehicles we sell at invoice - or even at a loss - quite regularly that we'd prefer to sell to a plan buyer. So if Bullitts will bring MSRP, why would a dealership honor a plan deal?
Now, there are plenty of other vehicles we sell at invoice - or even at a loss - quite regularly that we'd prefer to sell to a plan buyer. So if Bullitts will bring MSRP, why would a dealership honor a plan deal?
The dealer that ordered for me didn't know who I was until I walked in the door...and they will definitely be seeing repeat business from me.
Because not all of them are out to make top $$$ on every single car they sell. I got mine at Z plan, and I had two dealers offer to order for me at the plan price.
The dealer that ordered for me didn't know who I was until I walked in the door...and they will definitely be seeing repeat business from me.
The dealer that ordered for me didn't know who I was until I walked in the door...and they will definitely be seeing repeat business from me.
2008 Bullitt
Just my theory on the new Bullitt, great car, but, Mustang sales numbers have been in the toilet all year. Ford has to do something, I am guessing we are going to see a new model sooner then later, 197 platform with minor body changes and bigger engine is my hopeful guess. Once we start seeing press releases on the 2009 the Bullitt will become far less attractive.
Just my theory on the new Bullitt, great car, but, Mustang sales numbers have been in the toilet all year. Ford has to do something, I am guessing we are going to see a new model sooner then later, 197 platform with minor body changes and bigger engine is my hopeful guess. Once we start seeing press releases on the 2009 the Bullitt will become far less attractive.
Five Oh Brian...
So, based off your comments above, it sounds like I shouldn't have a problem waiting to get a Bullitt until say April timeframe, and still be able to find one, or even order one?
I really want to wait until May (bonus time) to pad my down payment a bit more, but if availability is scarce, and/or my window for ordering one is limited to Mar/Apr latest, I may not have the luxury to wait.
I really want to wait until May (bonus time) to pad my down payment a bit more, but if availability is scarce, and/or my window for ordering one is limited to Mar/Apr latest, I may not have the luxury to wait.
Hey, I think it's great that some of you have found dealers who will sell a Bullitt on A/D/X/Z plans. I work for a dealership that is very friendly toward plan buyers. We honor these plans 99% of the time. We sell the vast majority of our new cars around invoice (+/- $500), so charging full MSRP -much less, an ADM - is an extreme rarity where I work.
We have not been approached by a plan buyer yet about buying a Bullitt, so I haven't asked my boss if he'll accept a plan deal for a Bullitt. I was just playing devil's advocate above when posting why most dealerships would likely pass on honoring a plan deal on a Bullitt.
Even when 03/04 Mach 1's were "hot commodities," we sold them on plan sales. I bought my '03 Mach 1 on D-plan ($23,222 after rebate!). All of our '03 Mach 1's and the first couple '04's went for MSRP at the most. We sold our last several '04 Mach 1's for invoice once the '05 Mustang GT concept car was unveiled and people opted to wait for the new body style.
More recently, 07/08 GT/CS's (the latest non-SVT SE Mustang), go for just $599 over invoice where I work and we honor plan sales all day long on them. Could be that Bullitts will be widespread on plan sales someday, but just be aware of why many dealers will choose not to honor plan sales out there (especially early on).
As Ford appears to be skewing Bullitt production toward sold orders and not for store stock, you might not see (m)any sitting around unsold on dealer lots next spring or summer. And for Bar, I wish I could predict when you need to act to get a Bullitt to coincide with your bonus, but I feel you'll be safe ordering about 6-8 weeks before you intend to buy, assuming the dealership you're ordering from is an average sized dealer or bigger.
We have not been approached by a plan buyer yet about buying a Bullitt, so I haven't asked my boss if he'll accept a plan deal for a Bullitt. I was just playing devil's advocate above when posting why most dealerships would likely pass on honoring a plan deal on a Bullitt.
Even when 03/04 Mach 1's were "hot commodities," we sold them on plan sales. I bought my '03 Mach 1 on D-plan ($23,222 after rebate!). All of our '03 Mach 1's and the first couple '04's went for MSRP at the most. We sold our last several '04 Mach 1's for invoice once the '05 Mustang GT concept car was unveiled and people opted to wait for the new body style.
More recently, 07/08 GT/CS's (the latest non-SVT SE Mustang), go for just $599 over invoice where I work and we honor plan sales all day long on them. Could be that Bullitts will be widespread on plan sales someday, but just be aware of why many dealers will choose not to honor plan sales out there (especially early on).
As Ford appears to be skewing Bullitt production toward sold orders and not for store stock, you might not see (m)any sitting around unsold on dealer lots next spring or summer. And for Bar, I wish I could predict when you need to act to get a Bullitt to coincide with your bonus, but I feel you'll be safe ordering about 6-8 weeks before you intend to buy, assuming the dealership you're ordering from is an average sized dealer or bigger.
so the plans are a win win correct?
if i were to order a bullitt it would be for no more than 500 over invoice or less or i dont order. with the x-plan i get a better price and the dealer will get a better profit! cool!
if i were to order a bullitt it would be for no more than 500 over invoice or less or i dont order. with the x-plan i get a better price and the dealer will get a better profit! cool!
I guess in your case, on d bit, however, if a dealership would agree to sell a Bullitt to you at around $600 over invoice, that would be about the same profit as selling to you at X-plan (due to the X-plan commission that Ford would pay the dealer).
Plan pricing is a win-win on regular Ford vehicles, though (i.e. Focus, F-150, etc.) as we so often sell these at invoice pricing that we'd rather collect a plan-sale commission from Ford than make $0 profit at invoice on a regular sale.
No, plan pricing is not a win-win on a Bullitt. It's a win for a customer (about $2200 less than MSRP for X-plan or about $3400 less than MSRP for A/Z-plan), but the dealership only makes about $600 profit on a plan sale versus about $2200 profit selling at MSRP.
I guess in your case, on d bit, however, if a dealership would agree to sell a Bullitt to you at around $600 over invoice, that would be about the same profit as selling to you at X-plan (due to the X-plan commission that Ford would pay the dealer).
Plan pricing is a win-win on regular Ford vehicles, though (i.e. Focus, F-150, etc.) as we so often sell these at invoice pricing that we'd rather collect a plan-sale commission from Ford than make $0 profit at invoice on a regular sale.
I guess in your case, on d bit, however, if a dealership would agree to sell a Bullitt to you at around $600 over invoice, that would be about the same profit as selling to you at X-plan (due to the X-plan commission that Ford would pay the dealer).
Plan pricing is a win-win on regular Ford vehicles, though (i.e. Focus, F-150, etc.) as we so often sell these at invoice pricing that we'd rather collect a plan-sale commission from Ford than make $0 profit at invoice on a regular sale.
For example: If dealer cost on a premium mustang GT is $23787 and dealer invoice is $24,898, and X-plan is similiar in cost to invoice, wouldn't the dealer make ~$1K + holdback (~$800) + commision? Or would this just apply if you sold a car at invoice price (not using a plan)?



I'm on x-plan, no markup here 