Current New Vehicle Market
- Thread starter 13COBRA
- Start date
LMFAO
My friend just picked up a '21 GT500 for 5k ADM. Beautiful car.
He told me about the '21 Twister Orange GT500 that they had and gave me the salesman info and the link to the car.
I email the salesman today,...............He said they are selling it for 25k ADM.
My friend just picked up a '21 GT500 for 5k ADM. Beautiful car.
He told me about the '21 Twister Orange GT500 that they had and gave me the salesman info and the link to the car.
I email the salesman today,...............He said they are selling it for 25k ADM.
25 miles from me
Pretty nice!!!
Are you picking it up bro? Looks modded.
The trim package OJ wished he had
I know my daughter is getting a little worried. She was going to get a new car before the world was infected with the stupids, but held off because she was working from home and not driving. Now that she is back to work the market is nuts.
I was about due for a new vehicle a couple years ago, hoping they would sort out the HPFP issues. Now with how insane the market is I guess I'll just have to fix what I've got forever. By the time prices "normalize" it's going to be an all EV market.
If you believe in on conspiracies that’s exactly the goal. What better timing and or fall out to slide in and change the landscape without much push back.
Awesome man me too! How do you like it?
I picked mine up 12/31 and it’s my DD.
Just turned 1500mi and it’s a blast.
Like most things I drive I still think it needs 100hp more at least
-J
Got it today. definitely a very smooth and responsive ride. Not a fan of the paddle shifters, but don't plan on using them in this vehicle. the DCT in the gt500 is much nicer and more enjoyable to use.
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The only thing worse than listening to a person talk who paid over MSRP is physically looking at the retarded mutant faced dealership employees that helped assist in the nonsense.
Nobody makes anyone buy anything. If someone wants to buy and agrees to the price, that is the definition of a fair deal agreed to by both parties.
What’s insane is the salesman on FB.
Who refuse to all of a sudden make prices public.
Who refuse to all of a sudden make prices public.
I'm just curious - and I don't give a rats ass about anyones income or financials, nor do I care about who can flaunt their bank accounts - but just tell me this -
Who justifies spending nearly $70k-$100k+ on a Ford Truck (F-Series or new Bronco) - or even say a Mustang? I mean are people taking out 12 year loans or just have that much pocket cash to burn away??
The new full size 2-door Bronco is nice but even with the lower models, $50k+ is even difficult to justify that price for a vehicle.
And my above isn't just "Ford", even say BMW, Toyota, Hyundai, Volvo, etc... nor is it speaking of vehicles WITH ADM... How are folks justifying that even for lower end models across the Auto Manufacturing spectrum that $50k-$60k is now the "norm"?
ADM in and of itself is just stupid - for any buyer to pay it "just because" and "just to have" vehicle XYZ. Here's a word of advice for those paying ADM on any Ford:
If that Ford ever results in a Ford RAV Buy Back due to a Lemon Law claim, that ADM is NOT recoverable by Ford RAV at all. ADM is NOT a Ford line item on the original Window Sticker and is NOT endorsed by Ford. ADM is added by the Selling Dealer and ONLY benefits the Selling Dealer, period. So in the event of a RAV claim, the claim is only up to original MSRP that was on the Ford sticker from the line items as built and as printed from Ford. You're SOL on that ADM and will have to fight with the Dealership to recoup it.
The other thing with ADM too:
An owner who paid excessive ADM will never recoup that ADM expense at all. Not even on "collector" vehicles or limited produced as they appreciate over time. Sure, give it 30-40 years and "maybe", but paying any ADM is equivalent to flushing or burning your money.
Take for example those who were paying ADM on the 2000 Cobra R. Folks were paying in excess of $75k, 85k+ on a vehicle that had MSRP of under $60k of the time. A 2000 Cobra R TODAY is just breaking even in NORMAL markets (not inflated BaT, MECUM or BJ) - now 22 years after the fact. For the last 10 years, a 2000 Cobra R owner was lucky to even get $45k-$50k. Hell, a 1993 Cobra R is making better return, or add in XYZ Porsche from pick your model year...
Maybe I'm just a shrew - but 1) I would never pay ADM regardless of my financials or income, don't care how cool or limited the vehicle is and 2) paying in excess of $50k+ for any "base" vehicle today is crazy. There isn't even that much in materials used to make the car, let alone the "technology".
I'd rather pay used after some other doltz blew a wad of ADM "just because" and also ate the depreciation... and I'm not referring to paying in excess on a used vehicle either - there are many deals when shopping "outside the box" and using your noggin....
Who justifies spending nearly $70k-$100k+ on a Ford Truck (F-Series or new Bronco) - or even say a Mustang? I mean are people taking out 12 year loans or just have that much pocket cash to burn away??
The new full size 2-door Bronco is nice but even with the lower models, $50k+ is even difficult to justify that price for a vehicle.
And my above isn't just "Ford", even say BMW, Toyota, Hyundai, Volvo, etc... nor is it speaking of vehicles WITH ADM... How are folks justifying that even for lower end models across the Auto Manufacturing spectrum that $50k-$60k is now the "norm"?
ADM in and of itself is just stupid - for any buyer to pay it "just because" and "just to have" vehicle XYZ. Here's a word of advice for those paying ADM on any Ford:
If that Ford ever results in a Ford RAV Buy Back due to a Lemon Law claim, that ADM is NOT recoverable by Ford RAV at all. ADM is NOT a Ford line item on the original Window Sticker and is NOT endorsed by Ford. ADM is added by the Selling Dealer and ONLY benefits the Selling Dealer, period. So in the event of a RAV claim, the claim is only up to original MSRP that was on the Ford sticker from the line items as built and as printed from Ford. You're SOL on that ADM and will have to fight with the Dealership to recoup it.
The other thing with ADM too:
An owner who paid excessive ADM will never recoup that ADM expense at all. Not even on "collector" vehicles or limited produced as they appreciate over time. Sure, give it 30-40 years and "maybe", but paying any ADM is equivalent to flushing or burning your money.
Take for example those who were paying ADM on the 2000 Cobra R. Folks were paying in excess of $75k, 85k+ on a vehicle that had MSRP of under $60k of the time. A 2000 Cobra R TODAY is just breaking even in NORMAL markets (not inflated BaT, MECUM or BJ) - now 22 years after the fact. For the last 10 years, a 2000 Cobra R owner was lucky to even get $45k-$50k. Hell, a 1993 Cobra R is making better return, or add in XYZ Porsche from pick your model year...
Maybe I'm just a shrew - but 1) I would never pay ADM regardless of my financials or income, don't care how cool or limited the vehicle is and 2) paying in excess of $50k+ for any "base" vehicle today is crazy. There isn't even that much in materials used to make the car, let alone the "technology".
I'd rather pay used after some other doltz blew a wad of ADM "just because" and also ate the depreciation... and I'm not referring to paying in excess on a used vehicle either - there are many deals when shopping "outside the box" and using your noggin....
Some people have more disposable income than others. The market for certain cars is super tight and has been for over 2 years. Some people would rather pony up than wait it out. With the EV mandates incoming, there are some ICE sports cars that you WILL pony up for or you won't get one. And that fact is most certainly affecting used values. Until the stupid chip and other parts shortages straighten out, things will stay a bit crazy. If people extract the value out of their trade, most people will be OK.
This speaks to what we've discussed as far as dealers having the ability and right to price their inventory...and also brings up the wording that I said the OEMs would about damaging brand, in order to try and control pricing.
To each his own. I can’t stand adm but won’t fault the dealer for asking the going rate. I just won’t buy from them as normal middle class worker. For the record I paid $54k for my 250 Tremor 18 Months ago and $48k for my Bronco just delivered.
I disagree however on spending extra to get the vehicle I want(options, color inside and out) if I had the extra cash. If I was bringing in $100k each month above and beyond my salary and retirement income and above my tithe/giving I would have no issue spending $50k over msrp for a new or slightly used Porsche on a one time purchase I wanted to keep for years.
yes I want a spec 992 GT3. Haha.
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@Cobra Jet
Yes.
Millennials have taken over baby boomers as the prime spenders and yes.
They DO have money like that, and even more they'll pay up before they will wait, time is more valuable than money to the average Millennial.
30 Trillion dollars plus of net worth is being inherited in the U.S. alone.
Also I literally just priced out a 2022 5.0 F150 at the dealer... 35k
Yes.
Millennials have taken over baby boomers as the prime spenders and yes.
They DO have money like that, and even more they'll pay up before they will wait, time is more valuable than money to the average Millennial.
30 Trillion dollars plus of net worth is being inherited in the U.S. alone.
Also I literally just priced out a 2022 5.0 F150 at the dealer... 35k
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