Buying A Screw! Need Help Quick!
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The one dealer who said he couldn't beat the deal compared it with and without the Xplan. He was still ending up about $1000 higher then the place I'm buying it from. I figured I must be getting a good deal if two other dealers aren't able to at least match the deal.
~Steve
~Steve
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From: St. Louis MO
Originally Posted by steve3911
The one dealer who said he couldn't beat the deal compared it with and without the Xplan. He was still ending up about $1000 higher then the place I'm buying it from. I figured I must be getting a good deal if two other dealers aren't able to at least match the deal.
~Steve
~Steve
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I just bought a Screw for $11,000 off MSRP. Sticker was $32,400 so I got it for $21,400+ttl. Bought it in Houston. Ford interest rate sux due to me taking all available rebates so I'm going to finance through my credit union.
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They weren't offering the 0%/72 when I bought. $5506 in total rebates...
- $1500 for 4.6L
- $2000 "customer cash"
- $2006 for using Ford Credit
I guess the 0% would've been in lieu of the $2006 but not sure.
- $1500 for 4.6L
- $2000 "customer cash"
- $2006 for using Ford Credit
I guess the 0% would've been in lieu of the $2006 but not sure.
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Originally Posted by polarbear
One last time for the slow kids.... 
Last year, a good percentage of the boards looked at the employee prices and rebates and came to the conclusion that they shouldn't buy one, but wait until later when the deals got better. That decision cost them a few thousand dollars- and those great deals never came back.
re: X-Plan. If you use X-plan, the dealer HAS to sell it at X-Plan price (yeah, ford polices that). You can't get any retail rebates, so the $500 x-plan money is all that there is out there in combination with the 05. If you honestly believe you can buy a new Screw for less than $600 under invoice (approximate X-Plan deal)- knock yourself out. It'll be a challenge though.
re: discounts in years gone by. Margins got shrunk on '06, and it'll happen again in '07 (% difference between invoice and MSRP), so it's not realistic to expect the same $$$ discount off of MSRP that you got a couple/three years ago, because there's less room to play with in markup. In '07, a 10% discount will be considered a good deal.
re: ordering. You can only order '07's- which aren't part of the $500 plan rebates or 0% incentive. Replay of last year.
Sorry to sound cranky, but there's some really terrible advice being thrown out there tonight.
Last year, a good percentage of the boards looked at the employee prices and rebates and came to the conclusion that they shouldn't buy one, but wait until later when the deals got better. That decision cost them a few thousand dollars- and those great deals never came back.
re: X-Plan. If you use X-plan, the dealer HAS to sell it at X-Plan price (yeah, ford polices that). You can't get any retail rebates, so the $500 x-plan money is all that there is out there in combination with the 05. If you honestly believe you can buy a new Screw for less than $600 under invoice (approximate X-Plan deal)- knock yourself out. It'll be a challenge though.
re: discounts in years gone by. Margins got shrunk on '06, and it'll happen again in '07 (% difference between invoice and MSRP), so it's not realistic to expect the same $$$ discount off of MSRP that you got a couple/three years ago, because there's less room to play with in markup. In '07, a 10% discount will be considered a good deal.
re: ordering. You can only order '07's- which aren't part of the $500 plan rebates or 0% incentive. Replay of last year.
Sorry to sound cranky, but there's some really terrible advice being thrown out there tonight.
You should have no problems at all getting an 06 for invoice minus the rebate.
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0% financing is only a good deal if you need 60 or 72 months to pay off the truck, otherwise take the money. $3,500 now is worth more than saving $3,500 dollars over the next 72 months. Just like $100 doens't as far today as it went 6 years ago. Always take the savings up front.
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Borrowering Interst
FYI: If a buyer finances a $26,000 vehicles for 6 years @ 6% the interest will total at the end of 7 years at $5,103.00, or a total of $31,103.00. Weigh this when comparing rebates to financing.