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2% Under Invoice on New Super Duty order

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Old 08-16-2021, 02:33 PM
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2% Under Invoice on New Super Duty order

Hi, everyone My name is Zach and I'm the dealer principal at a Ford dealership in Granger, Iowa. Many of you are familiar with Ford's COVP program, and I view it as a huge opportunity for our store and anyone interested in purchasing a Super Duty truck. We are offering 2% under invoice on any Super Duty truck that is a retail order. There's no catch or gimmick. We view it as a huge opportunity to increase our market share locally and gain business we woldn't have had otherwise. To get a quote started just email a Build & Price from Ford's website to Ford@grangermotors.com

Just a few quick notes (because I know I'll get asked!)

1 - Our documentation fee is $180.
2 - There are NO mandatory add ons.
3 - There is a Non-Refundable $1000 deposit due at order.
4 - We will get you an electronic signature document with options, pricing, and details for your signature before placing the order.
5 - We do not participate in courtesy deliveries to other dealerships.

While, we cannot compete with the size of some Texas truck dealerships, we are the biggest Super Duty dealer in the state of Iowa for 2020. Current wait times for a retail order on a Super Duty are 4-6 months depending on trims and options. We are very familiar with this process as we are the biggest Bronco reservation holding dealership in the country.

We are offering 3% Under invoice pricing on F-150 retail orders as well.

I appreciate the opportunity and would love to be an asset to this community.

Thanks!
 

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03-25-2022, 11:39 AM
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F350 6.7 Plat Tremor picked up yesterday from Granger! Ordered 9/7, Built 2/1, Arrived at Granger 3/21 (stuck at KC railyard for a long time), Picked up 3/24. Totally painless process (other than the long wait from Ford 🤣 )

Granger is THE role model dealership. They should serve as a model for all of Ford dealerships going forward. After going through the Tesla purchasing experience several years ago, I vowed to never step foot into a traditional dealership again. I reluctantly gave Granger a chance because of the engagement in these forums. I'm very glad I did!

Granger redefines what a dealership experience can be.

1) Their ability to interact with customers digitally is seamless
2) They eliminate the haggling and toxicity of traditional dealership sales. Everyone pays the same transparent price. In doing so, they respect my time as a customer. I know I can go to them for a vehicle without having to shop around and pit salespeople against each other to work a deal.
3) No high pressure upsells
4) Streamlined paperwork process
5) Good communication

A+ would recommend
 
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Old 08-16-2021, 02:41 PM
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That should draw some attention especially in this market.
AND Iowa being centrally located.
 
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Old 08-16-2021, 02:55 PM
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That's not to shabby invoice plus 2% off of it. Do you guys lock in incentives at time of order or only at delivery, which ever is greater?
 
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Old 08-16-2021, 03:15 PM
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Well, with Super Duty it is pretty easy, because it is next to none. haha

But Yes, we have the option to go with now or later on which is better.
 
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Old 08-16-2021, 03:16 PM
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4 to 6 months wait time is way high, is that because of the dealership size, your priority at Ford is lower than bigger dealers?
 
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Old 08-16-2021, 03:25 PM
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The Why?

I'm sure I'll get asked this, so I wanted to get out in front of it. We're in rural Iowa and we have low overhead. I'm looking to grow our inventory. So If I can capture a large amount of sold orders with the COVP program, I can get those orders allocated to us and 6-12 months from now, when the chip shortage subsides, we should be well ahead of our competitors with a lot of Super Duty trucks on the ground.

Definitely benefits the order takers now, if they can be patient and wait 5-6 months to place a retail order.
 
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Old 08-16-2021, 03:25 PM
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Welcome to GrangerFord, in Iowa, and now a sponsor of FTE!
 
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Old 08-16-2021, 03:26 PM
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I'd like to underpromise and overdeliver, this last year and the shortage on chips has been a reminder of that.
 
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Old 08-16-2021, 03:30 PM
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Wow, this is an excellent deal.
 
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Old 08-16-2021, 04:03 PM
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Where is invoice in relation to the X plan price? Thanks.
 
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Old 08-16-2021, 04:29 PM
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Originally Posted by 71stang99
Where is invoice in relation to the X plan price? Thanks.
X plan is invoice minus 0.4% plus $275. So depending on the price of your truck, X plan may be just over or just under invoice.
 
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Old 08-16-2021, 04:37 PM
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How would you handle trade in sales with a 5-6 month wait on delivery? In a 19 Lariat now and with trade prices high waiting to flip in 5-6 months probably impacts trade in price to the negative. Thanks...I like the approach.
 
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Old 08-16-2021, 04:57 PM
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We can give you an idea 30 days out, which gives you flexibility to make a decision on it.
 
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Old 08-16-2021, 05:20 PM
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Thanks for making the offer available, def gives me something to consider.

I've been using car connection trying to research invoice pricing. I don't have a ton of confidence in the site/prices. Is there a website you'd recommend we can use to get proper invoice pricing? I'd prefer to do my research up front so I'm not wasting your time building a truck in the price range I'm looking for.

Thanks again.
 
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Old 08-16-2021, 05:38 PM
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The easiest way would shoot us an email and we can get you a quote. The percentage off is a good estimator of what yours would be regardless of price.

I'll try to upload some examples tomorrow too.
 
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