GT 500 dealer adjustment... how much???
08-01-2006, 03:44 AM
#1
6th Gear Member
Thread Starter
Join Date: Apr 2005
Location: West Los Angeles
Posts: 5,390
GT 500 dealer adjustment... how much???
So I was at the big Ford dealership out here in LA- Galpin Ford, and they had 2 GT 500's: the red coupe that's been on the cover of all the magazines and a white vert.
When I saw the sticker price on the red coupe I almost told them to take my car in trade as the price was very low! Only $43,000!
Then they told me how much over sticker they were getting... Care to take a guess? I'll post the answer tomorrow.
BTW, there was no dealer markup, it was basically how much more the wealthy customers were willing to bid to get the car.
When I saw the sticker price on the red coupe I almost told them to take my car in trade as the price was very low! Only $43,000!
Then they told me how much over sticker they were getting... Care to take a guess? I'll post the answer tomorrow.
BTW, there was no dealer markup, it was basically how much more the wealthy customers were willing to bid to get the car.
08-01-2006, 04:42 AM
#3
4th Gear Member
Join Date: Apr 2006
Location:
Posts: 1,541
RE: GT 500 dealer adjustment... how much???
If you want it you need to jump on it and close the deal. Even when I picked up my GT some guy tried to buy it up from under me for his 16 yr old daughter. He put up 6k over sticker which I couldn't have matched. It helps when you salesman is a honest guy plus he would have never heard the end of it from me since he works in the same squadron as I do.
08-01-2006, 01:47 PM
#7
4th Gear Member
Join Date: Jul 2006
Location: Texas
Posts: 1,060
RE: GT 500 dealer adjustment... how much???
Markup? Whatever the rich people want to pay to get a novelty. No sane person would pay above sticker. No matter how cool a car is...
Greed is what fuels the dealerships, and it is greed that pushes the GT-500’s into the hands of people that let their money do the talking.
Greed is what fuels the dealerships, and it is greed that pushes the GT-500’s into the hands of people that let their money do the talking.
08-01-2006, 02:06 PM
#8
2nd Gear Member
Join Date: Jul 2006
Location: Northern Virginia
Posts: 462
RE: GT 500 dealer adjustment... how much???
I was at my dealership yesterday in annondale, VA and they have one. I asked the salesguy i dealt with on my car how much they were asking, and he either said $62000 or $67000, I cant remember exactly, but i know it was one of those two.
08-01-2006, 03:02 PM
#9
5th Gear Member
Join Date: May 2006
Location: Daly City,CA
Posts: 2,961
RE: GT 500 dealer adjustment... how much???
This is an ongoing problem that dealerships cause. I remember when the S197 GT convertables first came out dealers had mark ups of $10K. Since production is somewhere between 7000 to 9000 units it won't be long before the mark ups drop. To pay $20K over sticker then drive the car off the lot you would lose $25K in a day according to Kelly Blue Book which by the way does'nt give a rats a$$ about mark ups when they appraise vehicles.
