And i thought Calif was the only rip off state. 
Experience needed on new purchase
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Freshman User
Joined: Oct 2004
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Experience needed on new purchase
Hello all, I'm new here and waiting on financing confirmation from Ford. If everything goes through I'm planning on picking up an 04 F250 by the weekend. My prior truck was an 01 Dodge and after 4 transmissions and a dash that is falling apart I thought it was time for a change. Oh, by the way, I do presently own an 87 F150 4X4 with a 300 6 cyl and a 3 in. lift kit that has been a good truck. I was hoping to get some piece of mind on the deal I worked out on this truck so I thought the experience of this forum would be helpful. Well, that said the deal is as follows:
04 4X4 Red Supercab long bed XLT 6.8, 4-spd, 3.73, tubular steps, shift on the fly, sliding rear window, telescoping mirrors, fog lamps, 15k hitch, 6-way power seat and privacy glass all for the low low price of.......$25,640.00 before t/t. Please let me know what you think and thanks to all.
04 4X4 Red Supercab long bed XLT 6.8, 4-spd, 3.73, tubular steps, shift on the fly, sliding rear window, telescoping mirrors, fog lamps, 15k hitch, 6-way power seat and privacy glass all for the low low price of.......$25,640.00 before t/t. Please let me know what you think and thanks to all.
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Freshman User
Joined: Oct 2004
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Thanks for the help.
I was faxed the printout and MSRP is $35,635.00 and it looks like invoice to be $31,734.62 (kind of hard to tell by fax quality).
After talking to the salesman earlier today he said with t/t and a $349.00 doc fee out the door price would be $26,944.50 including the current NC rebate of $3,000.00 plus an extra $1,000.00 for financing w/Ford and additional $300.00 commercial rebate for business. I thought 7.5% for 60 months was a little high on a new one but I could be wrong.
I was faxed the printout and MSRP is $35,635.00 and it looks like invoice to be $31,734.62 (kind of hard to tell by fax quality).
After talking to the salesman earlier today he said with t/t and a $349.00 doc fee out the door price would be $26,944.50 including the current NC rebate of $3,000.00 plus an extra $1,000.00 for financing w/Ford and additional $300.00 commercial rebate for business. I thought 7.5% for 60 months was a little high on a new one but I could be wrong.
Senior User
Joined: Oct 2004
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7.5% DOH!!!! That's VERY HIGH!
Tell him to have a nice day and walk! If that is for a person with a good credit rating, I would hate to see what is a bad rate!
Trust me!! They are making money even if they would give you that price and 1.9%, or they wouldn't be in business today!
No wonder Ford sales were down 4% for the last quarter compared to last year!
Tell him to have a nice day and walk! If that is for a person with a good credit rating, I would hate to see what is a bad rate!
Trust me!! They are making money even if they would give you that price and 1.9%, or they wouldn't be in business today!
No wonder Ford sales were down 4% for the last quarter compared to last year!
Lead Driver
Joined: Apr 2002
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From: Tampa Bay, FL USA
They're selling it for $500 BELOW invoice, and that INCLUDES tax, tags and title? You'd be a fool to pass that up! Why would they be willing to take such a loss? Or maybe they can't REALLY sell it for that? Time will tell.....
Yes, the interest rate is ridiculous, but you're picking up an extra $1000 rebate along with it. Pay off the FMCC loan as soon as you can, and re-finance it with your local bank or credit union at a lower rate.
Yes, the interest rate is ridiculous, but you're picking up an extra $1000 rebate along with it. Pay off the FMCC loan as soon as you can, and re-finance it with your local bank or credit union at a lower rate.
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Senior User
Joined: Oct 2004
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Do you really NEED a new truck right now?
Surely the dealer can do much better even with the rebate and the OUTRAGEOUSLY high APR? I would wait about 3-4 months.
Surely the dealer can do much better even with the rebate and the OUTRAGEOUSLY high APR? I would wait about 3-4 months.
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Jeff, I thought that was a good deal but like you said, lets wait and see what kind of rabbits they pull out of their hat when its time to sit at the table and do the paperwork. This didn't come easy I had to do some creative bargaining.
I also thought the Doc fee was high but if I can flip the loan ASAP, get the rebates, then the Doc fee will be offset by the savings on the total purchase.
Hseries, I do need this truck ASAP. I'm a little paranoid of the dodge after this many transmissions. I here the driveshaft clanking intermittently while changing gears. Just don't want to be stuck on the side of the road trying to explain to a customer I won't be able to make to his plant to make his floors pretty for him this weekend.
Thanks for all your help and I'll let you know how I make out.
I also thought the Doc fee was high but if I can flip the loan ASAP, get the rebates, then the Doc fee will be offset by the savings on the total purchase.
Hseries, I do need this truck ASAP. I'm a little paranoid of the dodge after this many transmissions. I here the driveshaft clanking intermittently while changing gears. Just don't want to be stuck on the side of the road trying to explain to a customer I won't be able to make to his plant to make his floors pretty for him this weekend.
Thanks for all your help and I'll let you know how I make out.