Auto Makers Call for Timeout

[AutobahnSHO]

Could be that other manufacturers don't have anything that people want that bad.

Or Ford buyers have low IQ?

Why not both?
(If they try to hit us with markup we'll raise a stink, but walk....)

[giant_mtb]

Why not both?
(If they try to hit us with markup we'll raise a stink, but walk....)

You just spent $1k over sticker price after waiting for a year and them dropping the ball on your order multiple times.

[MrH]

You just spent $1k over sticker price after waiting for a year and them dropping the ball on your order multiple times.

!

[AutobahnSHO]

You just spent $1k over sticker price after waiting for a year and them dropping the ball on your order multiple times.

We paid $32k including all the nonsense paperwork fees.    And it was a year 6 months. They closed ordering last August after just one week, so impossible to get otherwise:

https://www.carmax.com/cars?search=maverick+lariat&includenontransferables=true

By "markup" I meant the $5k add-ons lots of dealers are doing.

[AutobahnSHO]

market is really wack, these go for $27-35k-ish new:

https://www.ebay.com/sch/6001/i.html?_from=R40&_nkw=maverick+lariat

[giant_mtb]

(If they try to hit us with markup we'll raise a stink, but walk....)

Ehhhhhhhhyut.

[Morris Minor]

market is really wack, these go for $27-35k-ish new:

https://www.ebay.com/sch/6001/i.html?_from=R40&_nkw=maverick+lariat

Those are the prices that Ford should be looking at when it decides on dealer invoice. Furthermore Ford Credit also finances the dealers' inventory... probably at, or close to, these dealer invoices values that are substantially below market. So Ford Credit gets lower interest amounts than it would have received had it financed at values closer to what customers are willing to pay at retail.

It's really a messed up system.

[AutobahnSHO]

Those are the prices that Ford should be looking at when it decides on dealer invoice. Furthermore Ford Credit also finances the dealers' inventory... probably at, or close to, these dealer invoices values that are substantially below market. So Ford Credit gets lower interest amounts than it would have received had it financed at values closer to what customers are willing to pay at retail.

It's really a messed up system.

For sure.
They did bump up the Mav base price $1.4k from 2022 to 2023.

[MrH]

Those are the prices that Ford should be looking at when it decides on dealer invoice. Furthermore Ford Credit also finances the dealers' inventory... probably at, or close to, these dealer invoices values that are substantially below market. So Ford Credit gets lower interest amounts than it would have received had it financed at values closer to what customers are willing to pay at retail.

It's really a messed up system.

Of course it sits on the balance sheet at invoice price.   You want them to mark their inventory according to the market value?  How would you even have a P&L at the dealer level?  How would you even determine market value until it sells?