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I did a search but came up with nothing on the subject.
I'm looking to special order an f350 when they start taking 2023 orders, I'll be paying cash for the truck and have the money ready to go(been saving for a long time).
I do not want to give a large down payment but am not opposed to giving maybe 5% for a vehicle that they may OR MAY NOT be able to produce in a reasonable amount of time.
Question is what does ford require, or is this dealer discretion.
There are plenty of dealers that require nothing, and will order below invoice. They hope you don't want it when it does arrive, especially with the refresh.
okay thank you both. Sounds as though I need to do a little dealership shopping first.
I knew everything about my truck before I selected a dealer. I found out there is a lot of newbie sales people out there (back then) that don't know anything about trucks and will say anything to get a sale. I thought I'd have to go to Texas or Iowa and drive one back, but eventually found a local dealer who offered a no hassle A/Z/X/D plan offer to order my truck.
Their terms were a $1000 deposit which locked in the price and the value of my trade. The deposit was refundable under certain conditions. I too was a cash buyer. I don't think anything more than $1000 should be required. While you wait for the order books to open I'd be asking people about their experiences with local dealers/sales people.
Get a quote from them for the truck you want, and compare that to your local dealers. Always get firm price quotes from multiple dealers, in writing, before signing anything or putting down any kind of deposit.
And if anyone breaks out a "4-square" worksheet, just walk away.
If the dealer goes by the Retail Order Verification Program, they are supposed to get a deposit.
Most dealers do, some don't worry about it.
I gave my dealer a $500 deposit.
They will give it back if for some reason they don't get the truck in, or you cancel the order before the truck is built.
Most will give the deposit back no matter what because they know they will sell the truck even if you don't buy it.
That sounds perfectly reasonable to me, especially if I get to lock the price in. I've got 3 ford dealers within 45 miles from me, I'll be starting to call them tomorrow and see how accommodating/helpful they are.
I've been building the 22 over and over again and am waiting for them to make the build option to build the 23's on their website.
That sounds perfectly reasonable to me, especially if I get to lock the price in. I've got 3 ford dealers within 45 miles from me, I'll be starting to call them tomorrow and see how accommodating/helpful they are.
I've been building the 22 over and over again and am waiting for them to make the build option to build the 23's on their website.
I follow Tim Bartz from Long McArthur on YT and he talks all things FORD so he does not just talk about Super Duties. He has said that usually the order guides come out on the day of the banks opening. He quoted that FORD said that in the future, they will try to get the Build and Price feature online on the same day. And then he laughed. It was a nice goal but he had not seen it happen yet on any vehicle's order banks opening. So if you wait for the Build and Price, no telling when it will be live. Then you get into, will they close the order banks like they did on the Maverick after 1 week. I would use the 2022 Build and Price as a guide, then take that into your FORD dealer before the order banks open, and then have your salesman ready to call you (and the exact options and trims are available to him) and put in an order on the first day. The wait is so long these days, good to get your order date as early as possible and then if the order banks close, you have an order in. Remember, even after your order is accepted, you can make changes to it.
That sounds perfectly reasonable to me, especially if I get to lock the price in. I've got 3 ford dealers within 45 miles from me, I'll be starting to call them tomorrow and see how accommodating/helpful they are.
I've been building the 22 over and over again and am waiting for them to make the build option to build the 23's on their website.
When shopping for a truck, don't lead with "I'm paying cash". Dealers make money off of financing. If they know you won't be financing, it could affect the price they offer. Don't mention the cash only sale until after you have an out the door price in writing.
The deposit is generally refundable, but make sure of this, in writing, not just some words from your salesman who likely won't be there at the time you have to cancel the order.
...... I would use the 2022 Build and Price as a guide, then take that into your FORD dealer before the order banks open, and then have your salesman ready to call you (and the exact options and trims are available to him) and put in an order on the first day. The wait is so long these days, good to get your order date as early as possible and then if the order banks close, you have an order in. Remember, even after your order is accepted, you can make changes to it.
Thanks for that advice, I will follow it along with all the other good words in here like not mentioning how it's being paid for, In my book we agree on price first then we'll speak on methods of payment. If they don't like that then I am more than willing to walk.
Thanks all.
I put down a $1,000 refundable deposit (which was later applied to my balance due when the truck arrived) when I ordered my 2022 which locked in the price and trade value. I thought the deposit was totally reasonable considering the cost of the vehicle.
And, as others have said, don't mention you'll be paying cash.
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