No mark up on the 5.0 huh...wrong!
#1
No mark up on the 5.0 huh...wrong!
Not to say I told you so...but just wanted to post this so all y'all who thought there would be no additional mark up on the new '11 5.0 would realize... I understand that people are getting them at or below sticker, but some dealers are adding mark up! Same thing happened with the GT500s.
It's the new "IT" car...and Ford is releasing them slowly, making it seem as though they are more rare than they are. This leads to dealers adding mark up because they are "hard to get."
If you'll look closely, you'll notice there is an ADM (additional dealer markup) of $1983! Sorry for the shadow..it was taken with my phone.
It's the new "IT" car...and Ford is releasing them slowly, making it seem as though they are more rare than they are. This leads to dealers adding mark up because they are "hard to get."
If you'll look closely, you'll notice there is an ADM (additional dealer markup) of $1983! Sorry for the shadow..it was taken with my phone.
Last edited by distantsoldier; 06-16-2010 at 04:43 PM.
#2
It happens. You just have to make them aware of other dealers where you can buy it for less. Of course they're going to shop around for suckers.
#3
I don't know how well this would go over as I've never tried it, but I'd just tell them that the dealer markup is a complete deal killer and I'd 100% for sure buy the car IF that is removed. If they still say no, just say "fine" and start to walk out. Maybe they'll be like, "oh snap he's serious...WAIT maybe we can work something out!"
#4
Ohh I'm sure that you could have them drop it...they'll act like they're giving you a "big deal" by removing it!
I just posted this because before the car was out and everyone was talking and putting in their .02, they were saying that there would be NO WAY it would have a markup because it was just a GT... The GT500s had mark up, the Challengers had mark up, the Camaros had mark up (the SS and SRT8 being their equivelent to the GT)...now the '11 GT 5.0 is out, and it too has mark up...
I just posted this because before the car was out and everyone was talking and putting in their .02, they were saying that there would be NO WAY it would have a markup because it was just a GT... The GT500s had mark up, the Challengers had mark up, the Camaros had mark up (the SS and SRT8 being their equivelent to the GT)...now the '11 GT 5.0 is out, and it too has mark up...
#6
Yep, shopping around is how you do it anyways.
It could be a total different deal from one dealer to another.
It could be a total different deal from one dealer to another.
#7
What could possibly make you think there wouldn't be a mark up of some kind? If the dealer could get an extra $2K from some one, why wouldn't they? You know there are pwople out there willing to pay it, just so thay can have the first one in the area.
If you were selling your car, and some one offered you $2K over your asking price, would you say, "No"?
It's the law of supply and demand. If you have the supply, you can demand whatever you want.
If you were selling your car, and some one offered you $2K over your asking price, would you say, "No"?
It's the law of supply and demand. If you have the supply, you can demand whatever you want.
#8
It really urked me though when people were getting rude about their opinion that there would be no mark up, spreading incorrect information like it was law. This is the second dealership I've been at that had an ADM...
#9
I found that living in NY, it's more difficult to get the kind of deals some others have been getting especially where I am (Long Island). Found out when I went shopping for my '10.
#10
Much ado over nothing. We marked up GT500's in '07 when they were on fire, and sold them as such. Now, we've got a '11 GT500 with the SVT package listed on eBay you can buy for $1,000 over invoice.
Can't blame a place for trying!
Although, on the Finance end, it's easier to finance them when they are marked down.
Can't blame a place for trying!
Although, on the Finance end, it's easier to finance them when they are marked down.