Is $37k unreasonable
Fleet Mechanic
Joined: Jul 2003
Posts: 1,815
Likes: 24
From: Houston
So you guys are really paying over 50k for these trucks? They are beautiful and awesome trucks, no doubt. But my dad wouldn't think of paying over $50k for a vehicle, all that depreciating value. He would hate losing that much money. He considers them transportation and doesn't believe they are worth that. I guess the goal now is getting him to bite the bullet and raise his number
FWIW I see 7 2013 King Ranch Expeditions for under $45k at my local dealer right now and 12 Limited Expeditions between $39k and $42k.
Elder User
Joined: Sep 2004
Posts: 560
Likes: 0
I would say you are going to be low 40s. You need to get the true invoice on the truck, back out 3% of MSRP and then back out the current incentives. THEN you need to figure out how much volume the dealer is doing.
Say MSRP is 55,740
Invoice is 51,669
Holdback is 1,672
Rebates are 5,250
Gets you to around 44,750.
I wouldn't pay a dime over 44,750 (all guesses based on me not having the VIN of the truck you want). I would say a good negotiator at a large dealer could get into that truck for 42-45K.
If it's a large dealer they get huge kickbacks for buying large quantities of specific vehicles at a time on top of their already volume discount. For example ford might discount them 5,000 extra off this truck just to get them to take 150 units.
Say MSRP is 55,740
Invoice is 51,669
Holdback is 1,672
Rebates are 5,250
Gets you to around 44,750.
I wouldn't pay a dime over 44,750 (all guesses based on me not having the VIN of the truck you want). I would say a good negotiator at a large dealer could get into that truck for 42-45K.
If it's a large dealer they get huge kickbacks for buying large quantities of specific vehicles at a time on top of their already volume discount. For example ford might discount them 5,000 extra off this truck just to get them to take 150 units.
Thread Starter
|
Elder User
Joined: Nov 2012
Posts: 995
Likes: 0
It's a pretty large dealer. It's been a week or so and the first sales person we spoke to has not bothered to call us with any offers. Looks like he's not gonna be making a sale.
So we are going back today to speak with manager about our offer. The end of the year is right around the corner, you would think they would be happy with getting rid of this truck.
Fingers crossed. 6spd, here I come!
So we are going back today to speak with manager about our offer. The end of the year is right around the corner, you would think they would be happy with getting rid of this truck.
Fingers crossed. 6spd, here I come!
Elder User
Joined: Sep 2004
Posts: 560
Likes: 0
It's a pretty large dealer. It's been a week or so and the first sales person we spoke to has not bothered to call us with any offers. Looks like he's not gonna be making a sale.
So we are going back today to speak with manager about our offer. The end of the year is right around the corner, you would think they would be happy with getting rid of this truck.
Fingers crossed. 6spd, here I come!
So we are going back today to speak with manager about our offer. The end of the year is right around the corner, you would think they would be happy with getting rid of this truck.
Fingers crossed. 6spd, here I come!
Thread Starter
|
Elder User
Joined: Nov 2012
Posts: 995
Likes: 0
Already ahead of you. We've been working with 5 dealers and the only that has been following up is one we haven't even visited.
Thread
Thread Starter
Forum
Replies
Last Post
