Dealer Holdback

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Jul 9, 2005 | 12:19 AM

SDTruckMan

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Laughing Gas

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Dealer Holdback

Can I take the addtional $'s of dealer holdback, and subtract it from the "A"(familyPlan) amount? or is the holdback amount already taken out of the A plan price.

Jul 9, 2005 | 12:30 AM

polarbear

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From: Damascus-Boring, Ore

Holdbacks already out of it. After decades of negotiating and haggling, a lot of folks are really struggling with this concept- it's like buying a car at Wal-Mart.

Jul 9, 2005 | 12:37 AM

Super Trucker

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For the GM employee deal GM corp is giving their dealers' 5% of MRSP. Is Ford doing something similar?

Jul 9, 2005 | 12:52 AM

SDTruckMan

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Laughing Gas

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Quote:

Originally Posted by polarbear

Holdbacks already out of it.

Crap, know they gotta make a livin too.. but isnt there something else I can negotiate out of them.. more money, gas card... something....

Jul 9, 2005 | 02:21 AM

polarbear

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From: Damascus-Boring, Ore

Yes- Ford dealers get 6.5%...but, FDAF, $200, and $75 admin fee (gotta love it) come out of that amount. I think, on your deal, the dealer's forking over a lions share of that money.

Jul 9, 2005 | 04:27 AM

keith w

Fleet Mechanic

Joined: Apr 2001

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Quote:

Originally Posted by SDTruckMan

Crap, know they gotta make a livin too.. but isnt there something else I can negotiate out of them.. more money, gas card... something....

LOL, you gotta be kidding me

Take the bargain on the vehicle you want and run...before someone else takes the the vehicle you are looking at

Jul 9, 2005 | 09:07 PM

Super Trucker

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Quote:

Originally Posted by polarbear

Yes- Ford dealers get 6.5%...but, FDAF, $200, and $75 admin fee (gotta love it) come out of that amount. I think, on your deal, the dealer's forking over a lions share of that money.

Polarbear, what is FDAF and what % is it? I'd just like to have as much knowledge about all of it going in.

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Jul 10, 2005 | 12:39 AM

polarbear

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From: Damascus-Boring, Ore

I think too many folks are trying to make something more complicated than it actually is. FDAF is advertising assessment, it's a fixed price, but varies by model. This A-Plan thingie is confusing a lot of people, because that price has all the junk already taken out of it already. It's what we in the trade call "triple net," or what the cost really is without adjustments. Ford then pays the dealer 6.5%, but dings the dealer for the adjustments- FDAF, $200 floorplan, $75 admin, etc. none of this means squat to the customer- the A-Plan price is the only number on the whole friggin' invoice that matters (I've been reciting this about 100 times a day, can you tell?

)
In your particular case, the dealer is forking over his Ford commission money to make that truck go away. My advice- take the deal before someone else does, or the guy figures out that he can ship the dang thing to Oregon and get more out of it by running it through a used car auction (PSD's bring stoopid money up here, even now).