I have one 2021' GT500 allocation left due to a Canadian customer backing out. He does business in the US and Canada and when Canada shut the country down again recently for a month he lost quite a bit of income.
Unit can be tailored to our specs as long as it doesn't have any of the CF packages. But would be $5k over sticker.
Just to clear the air...
DEALERS MAKE LESS MONEY WHEN YOU PAY WITH CASH.
I can eContract a customer and have the money in my account in 10 minutes.
Cash was king in the olden days when dealers would have to wait 14-20 days to get their money.
We just sold a used 2020 GT500 over the weekend. Car had 8k miles on it and it brought original sticker price. Unfortunately we had sticker in it so we didn't make any money on that car.
The situation right now is there aren't any new vehicles available, let alone GT500's. So if a buyer can find what they want they either need to pay up or not buy anything.
Our one GT500 CFTP car was supposed to be built 4/16. The plant closed and is still closed so that car has now been delayed about 6 weeks. Word is the plant may open next week. My car and our other CFTP car were scheduled for 6/28 build week. They have both been bumped back a week at this point but that probably won't hold either.
I have two retail order F150's that were built 3/11 Our Ford rep told me last week I probably won't see those units until end of Oct/early November.
Here in the NE book values on 2018 and 2019 vehicles is higher than what they sold for new. In my 34 years of selling cars I've never seen the market anything like this.
I'm hoping things calm down for the 2022 model year at some point. It's so frustrating, they mark up these cars when there are no problems or shortages. This is like throwing gasoline on a flame. I'll continue to search and wait until either the right deal comes along, or they're all gone. I can't swing over sticker for multiple reasons.
So the entire run of these GT500s was basically a marked up s*** show.
... I can sense your frustration.
Yes. Take a vehicle that is already incredibly sought after, demand exceeds supply...then cripple it with chip shortages and messed up delivery timing...it'll get worse.
"Regular" vehicles are selling for MSRP+, vehicles they make 100,000+ a year...why wouldn't a limited run of <5,000 demand a premium?
Yes, I am frustrated. I get it, I'm not knocking them for doing it, it's just frustrating because a mark up is going to be what keeps an otherwise somewhat obtainable car out of reach for me. Just not meant to be I guess.
Yeah. It’s a crappy time to buy anything. Great time to sell. Houses are on another level right now.
Yep, it's great for the people who are going from multiple cars/houses down to fewer...but even if you sell at the top of the market, and you're going to replace....you're going to pay top of the market for the next. Really no net-gain.
Which is exactly why I’m not selling my house right now lol