When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Play the old, I'll give you 1000 under invoice game and see where that takes you. I've got a F350 lined up at 889 under invoice. 500 under then I refused to pay their doc fees. All that's left is a test drive and wheeling/dealing on my trade.
If that doesn't work, visit/register over at blueovalnews and ask for a pin there. You might get one. Worth a shot at least.
Anyone with decent negotiating skills can beat X plan just walking in off the street.
X-plan is 0.4% above dealer cost, not invoice. It automatically waives all but $100.00 of the doc fee and waives all fees associated with a dealer transfer if needed.
While I do agree that in some cases X-plan can be beat, I'll wager that it'll take better than "decent" negotiating skills to beat it.
For the use of X-plan, Ford pays the dealer a small commission. Without it, the dealer is giving nearly every penny of profit + or - a little of his hold back money.
Again, not saying that it isn't doable but just any joe coming off the street ain't gonna pull it off.
This is the part I have found so frustrating in my research on X-plan (I have a PIN as I work for a partner company). Is it +0.4% or minus 0.4%? You will see it both ways on many different sites.
This is from fordpartner.com and perhaps explains some of the confusion as it is different depending on the Ford product.
Pricing Formula
X-Plan is a pre-determined price based on dealer invoice or A-Plan price depending on brand. The X-Plan price is noted on the dealer invoice.
X-Plan
Ford
Dealer Invoice - (0.4% * Dealer Invoice) + Administration Fee* (see sample invoice)
Lincoln
Dealer Invoice + (0.6% * Dealer Invoice) + Administration Fee* (see sample invoice)
General suggestions: Buy/negotiate on last day of week; last day of month; or even better, last day of the quarter (or as close to as possible).
Let them really know you are serious: bring printouts from online research; if trading in, bring your title AND your car completely detailed AND with both sets of keys.
Call and talk with the General Sales Managers of the dealerships you want to pit against each other. This starts the process, lets them know you are serious, and let them know when you are buying (see above). Be polite but firm and do not get mad; raise voice. Above all, YOU are in the drivers seat, not them. You always have the option of getting up and walking away.
X-plan is 0.4% above dealer cost, not invoice. It automatically waives all but $100.00 of the doc fee and waives all fees associated with a dealer transfer if needed.
While I do agree that in some cases X-plan can be beat, I'll wager that it'll take better than "decent" negotiating skills to beat it.
For the use of X-plan, Ford pays the dealer a small commission. Without it, the dealer is giving nearly every penny of profit + or - a little of his hold back money.
Again, not saying that it isn't doable but just any joe coming off the street ain't gonna pull it off.
Here is an example of current vehicle pricing and x-plan pricing.
This morning I looked at a truck online. Edmunds, Kelly, Consumer Reports, and Ford all agree that the model as configured has an MSRP of $45,660.
Kelly and Edmunds show an Invoice of $41,059. Consumer says it is $41,669. I can't figure out a reason why they claim differently.
Edmunds says True Market Value is $40,706. Consumer says Lowest Price is $39,569. So, both say you can get below invoice (currently $1500 in incentives)
The Ford Partner site says the X-Plan price is net $41,300. Not a very good deal if the lowest price info is to be believed. But I don't think the latest $1000 incentive is in there so assume it would be $40,300 with incentives included.
So all seem to be in the $40,000 +/- $500 range, and with X-Plan you avoid all the other associated games in trying to get to lowest price.
X-plan is 0.4% above dealer cost, not invoice. It automatically waives all but $100.00 of the doc fee and waives all fees associated with a dealer transfer if needed.
While I do agree that in some cases X-plan can be beat, I'll wager that it'll take better than "decent" negotiating skills to beat it.
For the use of X-plan, Ford pays the dealer a small commission. Without it, the dealer is giving nearly every penny of profit + or - a little of his hold back money.
Again, not saying that it isn't doable but just any joe coming off the street ain't gonna pull it off.
It's not .4% above dealer cost, its above invoice. The dealer's true price includes holdbacks from Ford and x plan has nothing to do with that.
It's not .4% above dealer cost, its above invoice. The dealer's true price includes holdbacks from Ford and x plan has nothing to do with that.
Yeah, I'm coming to realize that. The ford partner website is very ambiguous. Likewise the partner website states that doc fees are capped at $100.00 unless state law supersedes. My dealer has a memo from Ford stating that they can charge up $275 on doc fees for A,D,Z and X plans.
So, with all of this info, I'm actually beginning to believe that most anyone can do better than X-plan, I have in the past and I may get my truck without X-plan and see how I do. A couple hours of good old fashioned negotiating never bothered me. But I will say that when I used my x-plan, it was nice and calm and went like clock work.
Yeah, I'm coming to realize that. The ford partner website is very ambiguous. Likewise the partner website states that doc fees are capped at $100.00 unless state law supersedes. My dealer has a memo from Ford stating that they can charge up $275 on doc fees for A,D,Z and X plans.
So, with all of this info, I'm actually beginning to believe that most anyone can do better than X-plan, I have in the past and I may get my truck without X-plan and see how I do. A couple hours of good old fashioned negotiating never bothered me. But I will say that when I used my x-plan, it was nice and calm and went like clock work.
That is exactly why I own Ford stock and get my X pin from that.- it's a no hassle way to buy a vehicle. Just find a dealer and salesman that you like and make the deal.
Problem with x plan is the rules say that you must tell them that you have one when you walk in the door- you can't try to negotiate lower first, fail and then pull out the pin number. If I had of been wanting a 2010 I wouldn't have even used my x plan pin because they are trying hard to get rid of them, but on a 2011, with the demand there is, I don't see many get deals better than x plan.
I don't know if you made the purchase yet, but if you haven't and you can't find an X plan number, I would sign up at upromise.com and use that. From what I have read online, the dealer makes $50 off the deal. There are numerous dealers that are looking to drop the Upromise program as they pretty much loose out on the deal. If I remember correctly I got a better deal than using my X plan and I also got $50 back from upromise. Another thing with setting up an account is that if you have kids you can start saving for their college or if you have student loans you can use the money spent at different places to pay them off.
For anyone that is a member of USAA, it's worth checking out the prices from their buying service. The dealer I plan to buy from has a USAA price that is $1460 below invoice and you still get all rebates and incentives that you qualify for. I'll add that this dealership has a really high doc fee ($529) but the net still comes out to $931 below invoice. Keep in mind that the price is dealer specific, so you may need to search using a few different zip codes. Some of the zip codes I searched were only $200 below invoice.
For anyone that is a member of USAA, it's worth checking out the prices from their buying service. The dealer I plan to buy from has a USAA price that is $1460 below invoice and you still get all rebates and incentives that you qualify for. I'll add that this dealership has a really high doc fee ($529) but the net still comes out to $931 below invoice. Keep in mind that the price is dealer specific, so you may need to search using a few different zip codes. Some of the zip codes I searched were only $200 below invoice.
I give a + on all the advice above. Last week I ordered and because of research and experience I will be paying about 5k below dealer invoice for my 11 250 6.2 Lariat. This was about 3400 below USAA auto buying circle price. However financing will be through USAA (95% sure). I did get a quote from a dealer and ended up at a rival dealer...which helped with the competition for my dollars.
Russ
I have had a x plan pin- from membership in DAV and several $ off coupons Though only one will apply
Last edited by milkman-06; Mar 23, 2011 at 08:20 AM.
Reason: forgot to add relevance to thread
This Hennessey Takes the Expedition Tremor's Off-Roading Capability to the Next Level
Slideshow: The VelociRaptor Expedition gains a lift, upgraded suspension, Brembo brakes, and trail-ready equipment while retaining the stock 440-horsepower EcoBoost V6.
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.