I have an uncle in Michigan who recently retired from Ford that is always trying to get me to buy a new one. What is the discount like for the z plan? I know what the a plan entails.
a= ford employee pricing
z=r etired ford employee pricing
x = supplier pricing, if you work for a company that ford gives special pricing to their employees
d= ford dealership employees
and yes a pin number is required for these plans
:coolman:
I have an uncle in Michigan who recently retired from Ford that is always trying to get me to buy a new one. What is the discount like for the z plan? I know what the a plan entails.
I have an uncle in Michigan who recently retired from Ford that is always trying to get me to buy a new one. What is the discount like for the z plan? I know what the a plan entails.
Yeah , thats what I meant to say. oke: :lol1:Isn't that your "brother in law" that you have in Michigan?;-)
it depends on how bad they are wanting to move them and whether or not the dealer got it on trade or ordered it in
a car with a retail of 47705 should have a invoice of 436xx something and then you have the marketing money of 3000 would make a zero of 40600 on a go get car and if the dealer had hold back on it of about 13xx.xx less for a zero deal, and most are not in the business of losing money
and dplan is only for the employees of a ford dealership and their imediate family, father,mother brother,sister, and steps, and grand parents
let me know if im wrong but the local dealer here gave me an offer of 40k for a new 09 and the msrp on this particular one is 47k, so are they actually losing money by selling me the car?!
let me know if im wrong but the local dealer here gave me an offer of 40k for a new 09 and the msrp on this particular one is 47k, so are they actually losing money by selling me the car?!
My dealer has a 09 with the same sticker price and I mentioned 40k and he said not to offer it if I wasn't serious because I would probably own it.
There is no way they are losing money. The invoice they will show you is not the true invoice. Back when Corvettes were selling for like $25,xxx a buddy saw a true invoice (in the truckers hands) and the dealership was only giving like $12,000 per car lol. Think about how many salesman work at dealerships and supposedly they only make like $1,500 to $3,000 per car. Seems every single one of them would go out of business.
let me know if im wrong but the local dealer here gave me an offer of 40k for a new 09 and the msrp on this particular one is 47k, so are they actually losing money by selling me the car?!
Sorry but even when the dealers were busy here's what I saw.
10 to 15 sales people.
Few and only a few cars sold everyday.
Now them only making $3 to $4,000 per car (tops) and paying all of them salaries or commission? Sorry but it doesn't add up. They couldn't have even stayed in business back then. Sorry but I just don't believe it and there weren't be twice as many carlots as what we need if there was that little of money to be made.
First off when dealers were busy they wouldn't give the hold back away like they will now. Now there is a dealer on every corner which shouldn't be there in the first place. There isn't hardley any money made in NEW cars. its to cut throat now a days. The money is made in the Service Department and on used cars. Second off salespeople only get paid off what they sell. They are set up on a draw system where they get 150 or so a week advanced off of their commision. This $600 or so comes out of their commision at the end of the month then they recieve the rest. If you don't sell and the dealer has to fork out $600 or so a month for a few months then they won't be there for long. Are they making money? Sure. Is it comming from new car sales? Not much if any. If they had to rely on New car sales alone most dealers would be out of business. Also you do realize what you are saying about them making 3-4k a car is right? If that was the case most dealers around here average 50 new cars a month that would be 200000k a month excluding their used cars and service departments. I don't think they would be so hard up if their new car department was making 200000k a month.
Trust me dealer cost isn't half what the cars are selling for. I was a sales manager for years. Most cars have 3-4k in mark up over the invoice (or at least the invoice that a dealer will let a customer see) then there is an official invoice which in most cases is about a grand less than that. Then there is a dealer hold back of anywhere from 1000-2000 that comes off that. Some larger dealers will take even the holdback off to make a deal because even then if they sell enough the manufacturer will send them a bonus at the end of the month. Now this is based on the price of the car. The higher priced cars have more mark up built into them 30-40k and up. But your cars on the lower end are probably half of the markup that the higher end cars have. And the truck drivers do not have access to the invoices they are usually delivered by mail a month or so before the car arrives. You wanna know what is bad? Years ago I was talking to someone who worked for the manufacturer this was when Tahoes and Escalades were in the 40-50k range he told me the actual cost for GM to build those vehicles was in the low to mid 20k range them GM sells those to the dealer for around 35k on a 40k vehicle. What is worse is GM allocates so many to their dealers that have to take them, so GM is making 15k off selling their vehicles to the dealers.
Did you even read what I posted? the 3-4k markup I was talking about was on Escalades and Tahoes ect. I SAID ON HIGHER PRICED VEHICHLES AND ABOUT HALF ON CHAPER CARS. FIGURE IT OUT. Thats about 1500 mark up in Cobalts, G6's ect. You are saying there is only 5-900 total profit from invoice to window sticker then you are full of it and are obviously a new car salesman just trying to make people believe that. But yes the Manufacturer is making all the money.