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 Post subject: Crossroads Ford is giving them away
PostPosted: Mon Jun 30, 2008 5:40 pm 
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Joined: Fri Jul 09, 2004 10:25 pm
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Location: MWI/MUI Kubota FTW
a buddy of mine works there and says they are knocking $13k off sticker on new super duty trucks. tow vehicle anyone?

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PostPosted: Mon Jun 30, 2008 9:05 pm 
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Admittedly I don't know too much about buying new cars (having only bought 3 in my life), but my first reaction to a dealer that advertises they're knocking $13k (or more, I've seen) off the sticker price would be to stay far, far away. 'Cuz you know they're making money on every sale (don't think for a minute they're not). With a setup like this I'd feel like the hapless volunteer in a magician's card act- knowing I was going to get tricked, but not knowing how (or even what happened) until after the deed is done...

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PostPosted: Mon Jun 30, 2008 9:28 pm 
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Joined: Mon Mar 07, 2005 1:15 am
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Location: Old Cleveland School, NC
I saw a "puff" news piece the other day about how car dealers are now struggling to sell full size pickups, yet can't keep econoboxes on the lot.

I don't remember the exact numbers, but they used Ford as an example of how this was bad for car manufacturers- they said that Ford made like $5000 average profit on each full-size pickup truck they sold in the last year, but only ~$200 on each economy car.


I remember stopping at Capital Ford a few years ago looking at the "new" F350 Powerstrokes (I think it was ~2000). The base model work truck with steel wheels, painted steel bumpers and vinyl seats stickered at like $35k at the time- with the Optioned out F350 diesels going for $45k+. I just could not justify that kind of money for a truck that would be used casually at the farm- and as the occasional tow vehicle for my personal use. The only way I could even try to justify it was if the truck was WORKING every day making me $$$$- which it was not.


So, I picked up a used F350 Powerstroke for $9k, and it's still going strong with ~240k miles on it.


But yeah, if they're discounting any vehicle by $13k, then whoever buys that vehicle for full price must also buy their Vaseline in 55 gallon drums. :shock: :shock:


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PostPosted: Tue Jul 01, 2008 7:53 am 
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Joined: Fri Jul 09, 2004 10:25 pm
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Location: MWI/MUI Kubota FTW
from my understanding of the new car business there are two possible factors involved here. first and foremost for the dealers is moving product so as to maintain buying levels for new incoming models.

if the dealers sales volume drops they are penalized.

secondly, the dealers in some states must make monthly interest payments on vehicles in stock. don't know if that is true in NC.

the dealer will still make some money on the sale due to some kind of rebate or "buyback" plan that Detroit offers its dealers.

the only possible advantage to buying one of these beasts is the tax write-off if you can take it. 100% deductible.

i think i will keep my 2004 for a while longer however.

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another one of those damn LeMons heads

just another Chump :)

we are an Autocross Club Dammit............


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