Market Adjustments
Tuned
Joined: Jan 2021
Posts: 298
Likes: 92
I agree market adjustment is here. We have hit the pinnacle, and now on the start of the downward line of this ride. Week by week it's going the right way.
With others, by Oct 1, whole new landscape and incentives and PCOs will be rolling.
I am shopping now to order a 2022, and found many dealers going to xplan no problem, and starting at MSRP.
So now it's onto searching for the old way, of invoice, minus holdback, and wait for those incentives/rebates and PCOs...
With others, by Oct 1, whole new landscape and incentives and PCOs will be rolling.
I am shopping now to order a 2022, and found many dealers going to xplan no problem, and starting at MSRP.
So now it's onto searching for the old way, of invoice, minus holdback, and wait for those incentives/rebates and PCOs...
Tuned
Joined: Jan 2021
Posts: 298
Likes: 92
When I initially placed my order the dealers in the local area would not take X plan pricing.
I called around and found a dealer 250 miles away who agreed to the X plan pricing and put it in writing via email for whatever that is worth. Called up the first dealer about 10 days after placing the original order to cancel. He was fine with it then commented that they now take the X plan price. Whatever. At that point I was done with them. I hope the new dealer does not play any games when the truck comes in.....
I called around and found a dealer 250 miles away who agreed to the X plan pricing and put it in writing via email for whatever that is worth. Called up the first dealer about 10 days after placing the original order to cancel. He was fine with it then commented that they now take the X plan price. Whatever. At that point I was done with them. I hope the new dealer does not play any games when the truck comes in.....
Super Moderator
Joined: Dec 2011
Posts: 13,303
Likes: 6,079
I'd rather pay the $1 in tax to support our troops, than pay the $3 on high cost items and their associated market adjusted mark ups that I don't actually need just to have a write off to avoid paying the tax.
Super Moderator
Joined: Dec 2011
Posts: 13,303
Likes: 6,079
The fleet director, Bobby Williams, has been Ford truck forum friendly in years past. He sponsored a couple of PSD forums, and was one of the founding members of SOCAPS (Southern California Power Strokes).
He's been at Sunrise for 20 years now. You might see what kind of "market adjustment" he has, if any.
Mountain Pass
Joined: Jan 2009
Posts: 178
Likes: 65
That is absurd marking up an XL. Some people prefer an XL, but I think most purchase are because their concerned about budget. Trying to gouge that end of the market is even worse in my opinion. It may cost someone a vehicle they really need. I spoke with the largest Chevy dealer in the U.S., Classic Chevrolet in Grapevine, TX. Family owned store and the owner laid down the law. Nothing over MSRP and no exceptions. Afraid it would hurt their reputation and knows these conditions won't last. It's like making bank on disaster relief. I'll remember the dealerships that acted with integrity.
Also, let history be our guide...checkout lumber prices, once the panic wears off this too shall pass....
Senior User
Joined: Mar 2021
Posts: 206
Likes: 138
I just signed all the final paperwork on my truck today. No unexpected markups though there was a $250 error (base price increase after I had ordered) and a $1000 error (missing initial cash deposit) that needed to be corrected. Funny how that always happens. I come in with a spreadsheet and know what the number should be down to the penny, so the games...if that's what they are, are pointless.
He said they're still taking retail orders without any markups but anything on the lot is $5k over MSRP. Considering the current situation I think that's fair. If you want to cheaper price just place an order and wait. It sounds like he's actually encouraging most folks to do that.
Hopefully the truck is ready Monday and I can just drop off a check and drive away. Getting close and I'm pretty ecited!
He said they're still taking retail orders without any markups but anything on the lot is $5k over MSRP. Considering the current situation I think that's fair. If you want to cheaper price just place an order and wait. It sounds like he's actually encouraging most folks to do that.
Hopefully the truck is ready Monday and I can just drop off a check and drive away. Getting close and I'm pretty ecited!
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Mountain Pass
Joined: May 2020
Posts: 161
Likes: 26
From: Pennsylvania, Maine
Pigs get fat, hogs get slaughtered...are these same folks going to be crying when the market down turns and ask for some type of bailout? Having said that, I believe in the free market so they can ask whatever they want. As the consumer, we hold the power to set what the market will pay. Never forget that the dealer and his sales office came to work with one main goal - sell vehicles.
Also, let history be our guide...checkout lumber prices, once the panic wears off this too shall pass....
Also, let history be our guide...checkout lumber prices, once the panic wears off this too shall pass....
Maybe it's just the way I was raised, but I can hardly justify a brand new $55,000 truck when I can put it to work, let alone a $65,000+ Lariat/Platinum that is simply used for a 8 mile commute to work twice a day... In Florida, where the most off-roading you'll see is the speed bump at the mall. Life is weird.
Super Moderator
Joined: Dec 2011
Posts: 13,303
Likes: 6,079
I just signed all the final paperwork on my truck today. No unexpected markups though there was a $250 error (base price increase after I had ordered) and a $1000 error (missing initial cash deposit) that needed to be corrected. Funny how that always happens. I come in with a spreadsheet and know what the number should be down to the penny, so the games...if that's what they are, are pointless.
Cargo Master
Joined: Nov 2020
Posts: 2,073
Likes: 1,027
From: Michigan
Pigs get fat, hogs get slaughtered...are these same folks going to be crying when the market down turns and ask for some type of bailout? Having said that, I believe in the free market so they can ask whatever they want. As the consumer, we hold the power to set what the market will pay. Never forget that the dealer and his sales office came to work with one main goal - sell vehicles.
Also, let history be our guide...checkout lumber prices, once the panic wears off this too shall pass....
Also, let history be our guide...checkout lumber prices, once the panic wears off this too shall pass....
Cargo Master
Joined: Nov 2020
Posts: 2,073
Likes: 1,027
From: Michigan
I agree, the whole system is just broken. I'm AMAZED at how many people are paying these kind of prices, and for what seems like more of a garage queen/toy rather then a truck they will be putting to work.
Maybe it's just the way I was raised, but I can hardly justify a brand new $55,000 truck when I can put it to work, let alone a $65,000+ Lariat/Platinum that is simply used for a 8 mile commute to work twice a day... In Florida, where the most off-roading you'll see is the speed bump at the mall. Life is weird.
Maybe it's just the way I was raised, but I can hardly justify a brand new $55,000 truck when I can put it to work, let alone a $65,000+ Lariat/Platinum that is simply used for a 8 mile commute to work twice a day... In Florida, where the most off-roading you'll see is the speed bump at the mall. Life is weird.
Lead Driver
Joined: Jan 2017
Posts: 6,840
Likes: 4,131
From: Jacksonville
I agree, the whole system is just broken. I'm AMAZED at how many people are paying these kind of prices, and for what seems like more of a garage queen/toy rather then a truck they will be putting to work.
Maybe it's just the way I was raised, but I can hardly justify a brand new $55,000 truck when I can put it to work, let alone a $65,000+ Lariat/Platinum that is simply used for a 8 mile commute to work twice a day... In Florida, where the most off-roading you'll see is the speed bump at the mall. Life is weird.
Maybe it's just the way I was raised, but I can hardly justify a brand new $55,000 truck when I can put it to work, let alone a $65,000+ Lariat/Platinum that is simply used for a 8 mile commute to work twice a day... In Florida, where the most off-roading you'll see is the speed bump at the mall. Life is weird.
Super Moderator
Joined: Dec 2011
Posts: 13,303
Likes: 6,079
With the end of the moratorium on evictions and foreclosures coming tomorrow (July 31), and with the sunset of mortgage forbearance at the end of last month (June 30), it will be interesting to see how vehicle prices are effected in 120 days, when folks can no longer delay or postpone paying for housing.
