Pay $4000 over sticker for basically a left over

[Blue highway]

I’m not sure you get double tax credits as only the buyer of a new vehicle gets the credit. Nobody who buys your used 2021 will get the credit and won’t pay you what you paid for it.

I wonder if in the short run, they might pay what I did... or more. I did a quick search on Carvana and found my exact model for 8K more than I paid for it. These are crazy days.

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[stryker]

Likewise, I showed up and said I'll give you this tiny bit over MSRP and will walk out with the car today. There are basically zero in our market and I have the color trim and 2021 features I wanted. For the next seven months I get to have the narcissistic joy to not be one of the millions of Teslas driving around here. I'm hardly a victim and hardly gullible in this case. I'm only gullible if there is a sudden glut of the make model trim and 2021 features I was looking for. With each passing month I will get a chance to reconcile that choice but as of right now, I'm thinking that's probably working towards inflation and scarcity.

Hardly a leftover though.

I will give you a taste $1000 that's it more than that and I will order a 2022. Which I did trying to hedge my bets. My only worry is that interest rates will rise a lot this year and the a war the Ukraine will send petrol through the roof

 

[stryker]

I’ve also heard: “pigs get fed, hogs get slaughtered.”

But none of these sayings seem to apply to cars anyways. There is no bull nor bear market in cars. They aren’t investments (despite what we tell our significant others).

Metaphor

 

[stryker]

Forget the ADM I’m still trying to figure out why anyone would still want a ‘21 model, after all, as you say it’s a leftover. I want the newest available when I’m paying big bucks!

When you sell or trade you will get more for a 22 then a 21 its that simple. Although if you waite you will deal with interest rates rising and petrol goin through the roof

 

[Blue highway]

Ford is moving to a model where there should only be a 20 day supply in any given area. We will more than likely never see flooded dealer lots ever again. The days of "fire sales" are pretty much at an end.

Yes, and Ford is not alone in this. Big inventories mean big discounts.

I wonder if the new EV companies will all go no-dealer direct to consumer like Tesla. If so, with that comes the associated one price take it or leave it. I think the car buying experience will a lot different in a few years.

 

[stryker]

Dealers are heating their houses by burning their furniture. I was fortunate enough to only pay MSRP, but the arrogance and lack of interest in the vehicle they were selling means I'll never do business with them again.

ever hear of an F150 they are still selling a zillion of those in fact a buddy of mine bought one for $87,000

 

[KevinS]

ever hear of an F150 they are still selling a zillion of those in fact a buddy of mine bought one for $87,000

To each their own.

 

[npgeorgeuw]

I will give you a taste $1000 that's it more than that and I will order a 2022. Which I did trying to hedge my bets. My only worry is that interest rates will rise a lot this year and the a war the Ukraine will send petrol through the roof

Agreed with you completely. I am perfectly content with my bet on this.

 

[BMT1071]

I’ve also heard: “pigs get fed, hogs get slaughtered.”

But none of these sayings seem to apply to cars anyways. There is no bull nor bear market in cars. They aren’t investments (despite what we tell our significant others).

The sales folks prefer "you can shear a sheep many times, but only slaughter it once".

I fully agree that daily drivers are not investments. Just a depreciating asset. Some of the show cars, maybe.

 

[Mach1E]

Metaphor

Lol.

I know it’s a metaphor. It’s just not one that makes sense in this discussion.

 

[Rfehl62]

Yes, and Ford is not alone in this. Big inventories mean big discounts.

I wonder if the new EV companies will all go no-dealer direct to consumer like Tesla. If so, with that comes the associated one price take it or leave it. I think the car buying experience will a lot different in a few years.

Ford has tried the direct stores in the past but was not very successful with it. Instead, Ford has been making BIG changes in the way dealers are compensated and how cost vs MSRP works. You are very right in the assumption that the buying experience will look nothing like what we know today. Is it for the better? Probably not since it seems this is Ford trying to claw back profit that the dealerships have been making. The people have been using the term "its a true win-win" which is a huge red flag.

 

[Mach1E]

The sales folks prefer "you can shear a sheep many times, but only slaughter it once".

I fully agree that daily drivers are not investments. Just a depreciating asset. Some of the show cars, maybe.

See? This is a metaphor that applies!

 

[EELinneman]

I wouldn’t sweat it.

You could just as easily say that anyone who waited 6+ months is a sucker.

As far as insults go, “sucker” isn’t that big of one.

So I guess we all suck.

Agreed, sucker is not a big insult to me. But, to someone considering buying a car with an ADM who finds or stumbles on this site and is looking for guidance might see this and be put off. It's too broad a brush to paint with and unnecessary. I also don't see the point. There will always someone who got a better deal and someone who got worse. It ignores the motivation of the person who made the purchase. As someone pointed out, that ADM may be meaningless for some people and I suspect it puts the price out of reach for others. Things, we don't and won't know in general.

 

[The Black Horse]

I apologize if "sucker" was too harsh. I'm born and raised in New York where calling someone a sucker is basically a compliment.

But I also stand by the fact I would highly not recommend someone pay an ADM under pretty much any circumstances. To each their own and if they want the car that badly, sure go for it.

Just know that all the polls of owners are saying that they paid MSRP for the car. Meaning it's possible.

https://www.torquenews.com/1083/poll-nearly-all-ford-mustang-mach-e-owners-paid-msrp-or-less

Before the current market paying, MSRP was foolish, so to me paying more than MSRP is baffling.




Just because the housing market is crazy, doesn't mean I have to join the crazy-train and willingly overpay. I'll be buying a new home next year instead of now.

Reasons not to pay an ADM:

• It's not good financial practice to willingly overpay for a depreciating asset
• Ford literally has a suggested price they deem fair and recommend you pay for the vehicle
• The seller does not set market value, the market does. So the only reason ADM's exist is that people keep self-selecting to pay them. Stop doing that.
• In a few years, things will go back to normal and dealers will be begging people to buy new cars
• There are a ton of ethical dealers out there willing to sell you the car at MSRP. You just need to be willing to do some work to find them.
• If you dig yourself in this hole now, you will be in it for a while. As in, when you trade this car in for a new car in 2027 or so. The extra money you paid for the car will come into your mind when you get the current trade-in value of the car. (I hope that makes sense)

Reasons to pay an ADM:

• I really want the car.

I, like all of you, make good money. (this is in reference to the bloke who said to me "some of us make good money blah blah blah. Yeah bud, join the line. We all bought the same car lol.) Most ADM's would be negligible to me over the entire ownership of the car.

If you happily paid an ADM, no need to justify your decision to me. It's your money.

Just don't try and tell me it was a "wise" decision. Like when I overpay at the tailors because I enjoy the service and atmosphere. It's not "wise" but I'm willing to do it.

 

[Mach1E]

I apologize if "sucker" was too harsh. I'm born and raised in New York where calling someone a sucker is basically a compliment.

But I also stand by the fact I would highly not recommend someone pay an ADM under pretty much any circumstances. To each their own and if they want the car that badly, sure go for it.

Just know that all the polls of owners are saying that they paid MSRP for the car. Meaning it's possible.

https://www.torquenews.com/1083/poll-nearly-all-ford-mustang-mach-e-owners-paid-msrp-or-less

Before the current market paying, MSRP was foolish, so to me paying more than MSRP is baffling.




Just because the housing market is crazy, doesn't mean I have to join the crazy-train and willingly overpay. I'll be buying a new home next year instead of now.

Reasons not to pay an ADM:

• It's not good financial practice to willingly overpay for a depreciating asset
• Ford literally has a suggested price they deem fair and recommend you pay for the vehicle
• The seller does not set market value, the market does. So the only reason ADM's exist is that people keep self-selecting to pay them. Stop doing that.
• In a few years, things will go back to normal and dealers will be begging people to buy new cars
• There are a ton of ethical dealers out there willing to sell you the car at MSRP. You just need to be willing to do some work to find them.
• If you dig yourself in this hole now, you will be in it for a while. As in, when you trade this car in for a new car in 2027 or so. The extra money you paid for the car will come into your mind when you get the current trade-in value of the car. (I hope that makes sense)

Reasons to pay an ADM:

• I really want the car.

I, like all of you, make good money. (this is in reference to the bloke who said to me "some of us make good money blah blah blah. Yeah bud, join the line. We all bought the same car lol.) Most ADM's would be negligible to me over the entire ownership of the car.

If you happily paid an ADM, no need to justify your decision to me. It's your money.

Just don't try and tell me it was a "wise" decision. Like when I over at the tailors because I enjoy the service and atmosphere. It's not "wise" but I'm willing to do it.

I read through the whole thread again and don’t see the “some of us make good money.” Maybe I missed it, but either way, there is a difference between “good money” and people to whom $10k isn’t worth negotiating over.

That said, I also didn’t see anyone saying it’s “wise” to pay more. Just explaining why some people do.

Everyone puts a different price tag on their “time.”

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