Buying A 2005 F-150 XLT?
#17
[QUOTE=Red Star]Huh? Why would you say that?
Why? Because you stated:
Living in Minnesota, experience has shown me that these trucks go through snow and ice just fine with a limited slip rear end. Now if someboy lives up on the North shore, then 4WD would be worth it because 20" of snow happens over night but not if each snowfall is less than 8".
Why? Because you stated:
Originally Posted by Red Star
I don't know where you're living, but you don't wanna 4x2. Its gonna be nightmare driving during the winter if you live in place that gets a lot of snow.
#18
Originally Posted by Eric Landstrom
Why? Because you stated:
Living in Minnesota, experience has shown me that these trucks go through snow and ice just fine with a limited slip rear end. Now if someboy lives up on the North shore, then 4WD would be worth it because 20" of snow happens over night but not if each snowfall is less than 8".
Living in Minnesota, experience has shown me that these trucks go through snow and ice just fine with a limited slip rear end. Now if someboy lives up on the North shore, then 4WD would be worth it because 20" of snow happens over night but not if each snowfall is less than 8".
#19
#20
#23
Originally Posted by polarbear
TXpitdog- there is no holdback in a friends and family deal- it's done at triple net.
PB, you're too, too, too..............kind.
One of the reasons I left the car bizz was the owner's greed.........I'm now remembering the other reason.
Geez people, you're getting a car for basically BELOW invoice........and you STILL want to grind. It's true you'll get raped on a trade, so sell your trade private party...............you take the chance of not moving it for months.... like the dealer may have to.
#24
Posted by DOHC Maruder:
One of the reasons I left the car bizz was the owner's greed.........I'm now remembering the other reason. [img]images/smilies2/rotz.gif[/img]
One of the reasons I left the car bizz was the owner's greed.........I'm now remembering the other reason. [img]images/smilies2/rotz.gif[/img]
Here in San Antonio, Red McCombs is a big car dealer. And he is one of the wealthiest guys, bought the Minnesota Vikings, also gives donations to colleges and such. But he did not get all that cash from giving "good and fair deals"!!!
#25
It's OK- I get asked that question constantly- "So, how much will you dicker on the friends and family/GMS price." Old habits die hard.
bigtexan99- I can't comment about your local dealer down there, but the car dealers I've known over the years came one of two ways- they were either flat-broke and going under, or they were millionaires. No middle ground, at least not in this business. I do know some dealers that are extremely wealthy and that I consider "honest and fair." I think we both know a few of the other kind as well.
bigtexan99- I can't comment about your local dealer down there, but the car dealers I've known over the years came one of two ways- they were either flat-broke and going under, or they were millionaires. No middle ground, at least not in this business. I do know some dealers that are extremely wealthy and that I consider "honest and fair." I think we both know a few of the other kind as well.
#26
Originally Posted by bigtexan99
Funny, the reason we(I) hate buying new cars is the owner's greed.......
Here in San Antonio, Red McCombs is a big car dealer. And he is one of the wealthiest guys, bought the Minnesota Vikings, also gives donations to colleges and such. But he did not get all that cash from giving "good and fair deals"!!!
Here in San Antonio, Red McCombs is a big car dealer. And he is one of the wealthiest guys, bought the Minnesota Vikings, also gives donations to colleges and such. But he did not get all that cash from giving "good and fair deals"!!!
Dude, read the text!! Right now, at this present time, current deals.....you, me, EVERYONE can buy below invoice... THERE IS NO MORE ROOM!!!!
Yes, you can argue over trade ins.........but I think you're gonna lose right now.
Yes, I hated the greed in the bizz..........I also hated the ignorant customer that wouldn't know a good deal if it bit him in the......
I swear, when I was in the bizz and worked a nothing deal for hours and the customer left only to come back later because he thought he could shop me for a better deal............. I was always elated if the car was sold.
I may have lost a $50 voucher, but it was worth it sending the mooch on their way.
#27
Originally Posted by DOHCmarauder
\
Dude, read the text!! Right now, at this present time, current deals.....you, me, EVERYONE can buy below invoice... THERE IS NO MORE ROOM!!!!
Yes, you can argue over trade ins.........but I think you're gonna lose right now.
Yes, I hated the greed in the bizz..........I also hated the ignorant customer that wouldn't know a good deal if it bit him in the......
I swear, when I was in the bizz and worked a nothing deal for hours and the customer left only to come back later because he thought he could shop me for a better deal............. I was always elated if the car was sold.
I may have lost a $50 voucher, but it was worth it sending the mooch on their way.
Dude, read the text!! Right now, at this present time, current deals.....you, me, EVERYONE can buy below invoice... THERE IS NO MORE ROOM!!!!
Yes, you can argue over trade ins.........but I think you're gonna lose right now.
Yes, I hated the greed in the bizz..........I also hated the ignorant customer that wouldn't know a good deal if it bit him in the......
I swear, when I was in the bizz and worked a nothing deal for hours and the customer left only to come back later because he thought he could shop me for a better deal............. I was always elated if the car was sold.
I may have lost a $50 voucher, but it was worth it sending the mooch on their way.
#28
It sure does- until a computer can figure out how to do a demo ride, or appraise a trade-in, or put together a difficult financing package, they will just be another tool for the consumer. Cars are still sold, and the majority of the deals still revolve around "how much down, how much a month, and can you get it financed."
#29
Rationalization and justification
Originally Posted by polarbear
It sure does- until a computer can figure out how to do a demo ride, or appraise a trade-in, or put together a difficult financing package, they will just be another tool for the consumer. Cars are still sold, and the majority of the deals still revolve around "how much down, how much a month, and can you get it financed."
1.) Anybody can hand me a set of keys to do a demo.
2.) Kelly Blue Book and a mechanic.
3.) If you are financing a vehicle, you are probably living beyond your means
and the absolute LAST person you need to structure a "difficult financing package" is a car salesman. Try a bank.
4.) Cars are bought by consumers who know what they want and how much
they have to spend. The Great Benificent Oz in Detroit didn't wake up one morning and decide his subjects had earned a price break. It's a consumer driven market reality. Knowledgable buyers will determine what is sold and how much it sells for.
#30
Oh no, I didn't miss that at all.
1.) Anybody can hand me a set of keys to do a demo.
True, if you have a clue what you want going in. Most folks don't- they just have a vague idea of what the next vehicle should look like.
2.) Kelly Blue Book and a mechanic.
Kelly's just a guide- appraising a trade-in and pricing it for the lot is art, not science. The same holds true of buying a used car.
3.) If you are financing a vehicle, you are probably living beyond your means
and the absolute LAST person you need to structure a "difficult financing package" is a car salesman. Try a bank.
A car salesman doesn't structure a deal- a sales manager or a finance manager has that job. We're currently using 25-30 different lenders. Why? Because each lender looks at each customer differently, and the trick is to match the two up. Now, for the customer with golden credit and a good down payment, this isn't true- they can get money anywhere, and at a good rate. That describes about 15% of the buyers.
While it may be true that the other 85% shouldn't be taking on more debt in the first place, taking them out of the market would not only eliminate the salesman, but the entire industry.
4.) Cars are bought by consumers who know what they want and how much
they have to spend.
Cars are bought by consumers that don't have a clue what they want , or what they should pay for it. The knowledgeable, researched customer (like we generally see from FTE) is the exception- and a pleasure to deal with when you come across them on the lot.
As far as OZ goes- he woke up one morning and realized his foreign competitors were doing a better job of providing for those customers. And yes, they have strong salespeople on those lots too.
1.) Anybody can hand me a set of keys to do a demo.
True, if you have a clue what you want going in. Most folks don't- they just have a vague idea of what the next vehicle should look like.
2.) Kelly Blue Book and a mechanic.
Kelly's just a guide- appraising a trade-in and pricing it for the lot is art, not science. The same holds true of buying a used car.
3.) If you are financing a vehicle, you are probably living beyond your means
and the absolute LAST person you need to structure a "difficult financing package" is a car salesman. Try a bank.
A car salesman doesn't structure a deal- a sales manager or a finance manager has that job. We're currently using 25-30 different lenders. Why? Because each lender looks at each customer differently, and the trick is to match the two up. Now, for the customer with golden credit and a good down payment, this isn't true- they can get money anywhere, and at a good rate. That describes about 15% of the buyers.
While it may be true that the other 85% shouldn't be taking on more debt in the first place, taking them out of the market would not only eliminate the salesman, but the entire industry.
4.) Cars are bought by consumers who know what they want and how much
they have to spend.
Cars are bought by consumers that don't have a clue what they want , or what they should pay for it. The knowledgeable, researched customer (like we generally see from FTE) is the exception- and a pleasure to deal with when you come across them on the lot.
As far as OZ goes- he woke up one morning and realized his foreign competitors were doing a better job of providing for those customers. And yes, they have strong salespeople on those lots too.
Last edited by polarbear; 08-28-2005 at 12:01 PM.