500KR prices unravel

[snooter]

seen a 38K drop in KR asking price in one week..(142K to 102K) if that does not tell you how crooked dealers are nothing will....credit is going to be tuff and interest rates are going to rise....is any KR worth 102K at this date and time..NO.but by next week you might be down to msrp which still way out of line for a mustang is more reasonable...of course in 2 weeks jack off dealers may see handwriting on the wall and finally start to make deals with those buyers who have cash...oh this is beautiful...hopefully reason and value comes back (however i doubt that)

[F250]

seen a 38K drop in KR asking price in one week..(142K to 102K) if that does not tell you how crooked dealers are nothing will....credit is going to be tuff and interest rates are going to rise....is any KR worth 102K at this date and time..NO.but by next week you might be down to msrp which still way out of line for a mustang is more reasonable...of course in 2 weeks jack off dealers may see handwriting on the wall and finally start to make deals with those buyers who have cash...oh this is beautiful...hopefully reason and value comes back (however i doubt that)

 

Why do people call dealers crooked? If someone is willing to buy a limited production vehicle for 50 or 100 thousand over suggested retail then I would not expect them to say "oh no, that's alright, we wil just take sticker for it" Give it a break, the market sets the price.

 

Hey, have you tried to buy an original 1965 427 Cobra? Guess what, the people that own them do not ask the original sticker price less normal depreciation for an old Ford. But you don't call them crooks.

[chevys]

It wont bother me if they sit on the lot so long they start to rust out. These people who ran out and paid over msrp for the regular shelby 500 would make quite a study for a shrink. You can blame the stealers or blame the buyers. Either way, the stupidity needs to stop and I think the recent meltdown in the markets will see prices drop like a rock. So much for resale value now.

 

Ill take a vette anyday over some over priced mustang. I dont care whos name is on it either. A vette will do everything and more than any shelby mustang and do it for way less money.

[F250]

It wont bother me if they sit on the lot so long they start to rust out. These people who ran out and paid over msrp for the regular shelby 500 would make quite a study for a shrink. You can blame the stealers or blame the buyers. Either way, the stupidity needs to stop and I think the recent meltdown in the markets will see prices drop like a rock. So much for resale value now.

 

Ill take a vette anyday over some over priced mustang. I dont care whos name is on it either. A vette will do everything and more than any shelby mustang and do it for way less money.

 

So tell us which Chevy dealer is selling ZR-1 Corvettes at sticker price?

 

Hint: NONE

[05fordgt]

So tell us which Chevy dealer is selling ZR-1 Corvettes at sticker price?

 

Hint: NONE

 

So VERY true!!!

 

And add to that, the Nissan dealers with the GT-R! Good luck finding one of those for MSRP!!

[wescoent]

So VERY true!!!

 

And add to that, the Nissan dealers with the GT-R! Good luck finding one of those for MSRP!!

 

I had a chat with my local Nissan dealer about the GT-R. Their entire expected allocation was sold for $100k over MSRP, on average, and they think quite a few of those are being put in crates and stored.

 

The GT500KR is a really nice car... I've heard it corrects many of the things that were wrong with the GT500, in driving dynamics. I wouldn't mind a GT500KR trimmed out like a Bullitt...

[Anthony]

I was in Austin, TX this past week for the NAB Radio show and saw my first GT-R parked in front of a swanky restaurant. Nie looking car, but amazingly enough it was filthy.

[P71_CrownVic]

So tell us which Chevy dealer is selling ZR-1 Corvettes at sticker price?

 

Hint: NONE

 

But a ZR-1 is worth the price. An overweight, ugly Mustang is not worth $70K...let alone $102K and $140K

[ice-capades]

It always bothers me to see those that are so quick to post messages claiming that their message is further proof that dealers are crooked. I've written numerous times in the past about my personal objection to dealers using ADM's to mark up vehicles above MSRP. Even so, the reality is that the market is driven by the laws of supply and demand. If a Ford Dealer only gets allocation for one Shelby Mustang per model year I'm not going to question his trying to sell the vehicle above MSRP if it's what his/her Market supports.

 

Ford Motor Company is pressuring Dealers around the country (USA) to give up their Ford franchises or sell to their competitors to reduce the number of Ford dealerships. At the same time, Ford is producing fewer vehicles due to the reduced share of market meaning that Dealers are further competing for new vehicle inventory from the factory. Truck business is down substantially because of the gas price impact and Ford is still in the early stages of increasing car production to meet demand for more fuel efficient models.

 

Ford's CEO is making the difficult decisions that should have been made years ago. His track record at Boeing shows that he has experience in turning around a company and I'm confident that he's in the process of rebuilding Ford Motor Company into what will be a formidable and growing competitor in the not too distant future.

 

Write all you want about the "crooked" Ford dealers charging over MSRP for certain vehicles. The reality is that no one is forcing you to. If you don't want to pay the asking price... DON'T! Go buy something else or buy from a Dealer that can afford to sell you the vehicle you want at the price you're willing to pay.

 

By far the vast majority of Ford dealers are honest business owners that are trying to earn a living by selling and servicing vehicles in their Market at a fair price. Their long term success is earned in good part by repeat business from customers that develop a relationship with the Dealer based on sales and service practices that are reasonable and competitive in their Market.

[wescoent]

But a ZR-1 is worth the price. An overweight, ugly Mustang is not worth $70K...let alone $102K and $140K

 

Really, smart guy? If it isn't worth it, why are people buying them? An asset is only worth as much as people want to pay for it.

 

The GT500KR is a 2+2 sports coupe with a big engine. 4.2 seconds to 60, 1.0 g's on the skidpad, and 70mph through the slalom, and weighs about 3,900 lbs.

 

 

I know of another big engined 2+2 that goes from 0-60 in 4.5 seconds, pulls .89 g's on the skidpad, and goes through the cones at 67mph. It also costs $90,000 when it isn't marked up, and weighs about 3,800 lbs.

 

 

And yet, people are shelling out $140,000 for the first, but not the second, in spite of the second's much higher feature content.

[FordBuyer]

It always bothers me to see those that are so quick to post messages claiming that their message is further proof that dealers are crooked. I've written numerous times in the past about my personal objection to dealers using ADM's to mark up vehicles above MSRP. Even so, the reality is that the market is driven by the laws of supply and demand. If a Ford Dealer only gets allocation for one Shelby Mustang per model year I'm not going to question his trying to sell the vehicle above MSRP if it's what his/her Market supports.

 

Ford Motor Company is pressuring Dealers around the country (USA) to give up their Ford franchises or sell to their competitors to reduce the number of Ford dealerships. At the same time, Ford is producing fewer vehicles due to the reduced share of market meaning that Dealers are further competing for new vehicle inventory from the factory. Truck business is down substantially because of the gas price impact and Ford is still in the early stages of increasing car production to meet demand for more fuel efficient models.

 

Ford's CEO is making the difficult decisions that should have been made years ago. His track record at Boeing shows that he has experience in turning around a company and I'm confident that he's in the process of rebuilding Ford Motor Company into what will be a formidable and growing competitor in the not too distant future.

 

Or how about just waiting and if not go onto something else. For example, the Bullitt and GT 500 used to be hard vehicles to find and get near sticker price. Now the lots in Western Wayne County are littered with brand new Bullitts and GT 500's and many of the GT500's including the convertible are sale priced. Seems to me you could buy GT 500 and do some of the KR tweaks for a lots less money. You won't have a KR for sure, but you still have an SVT Mustang and it's plenty fast. I have to admit though that the KR is super nice and looks so much more menacing than the GT500.

 

Write all you want about the "crooked" Ford dealers charging over MSRP for certain vehicles. The reality is that no one is forcing you to. If you don't want to pay the asking price... DON'T! Go buy something else or buy from a Dealer that can afford to sell you the vehicle you want at the price you're willing to pay.

 

By far the vast majority of Ford dealers are honest business owners that are trying to earn a living by selling and servicing vehicles in their Market at a fair price. Their long term success is earned in good part by repeat business from customers that develop a relationship with the Dealer based on sales and service practices that are reasonable and competitive in their Market.

[RichardJensen]

they think quite a few of those are being put in crates and stored.

Is a collectible really collectible if everyone collects it?

[Mark B. Morrow]

Is a collectible really collectible if everyone collects it?

 

If only my parents hadn't let me play with those first edition Hot Wheels cars I had in 1968 or the special edition ones that came with Crest toothpaste, I'd be alot richer today.

[F250]

Let;s make a deal.

All Ford dealers are to sell their vehicles at sticker price only. That means you can get a GT-500KR for sticker...if you can get there fast enough.

Remember though, this applies to ALL vehicles...no discounts on the rest of the inventory...don't like that idea any more huh.

 

For every Shelby they make big money on they take a beating on hundreds of regular production vehicles selling far below sticker price.

[timmm55]

Of course the prices are falling on KRs, the SRT8 Challenger is available, the Camaro will be out soon....it's competition! (And the economy)

[SVT_MAN]

Is a collectible really collectible if everyone collects it?

 

Of course not. Scarcity is something that economics professors make up for job security.

[morgande]

This is a complex issue, but is very much a microcosm of what happened in the US economy over the last two years.

 

The idea that the "market sets the price" is what screwed us up big time. Free market unchecked is about greed. How much can i get something for...vs how little can i pay for something. The housing market imploded because we got too greedy (buyers and sellers). The same can apply in the case of these hipo cars that are selling over MSRP.

 

THe MSRP for theses GT500 and SRT8 vehicles already had a nice profit margin built in. Dealers saw an opportunity to make more money....Ford doesn't seem to regulate what a dealer does, and critics complain that a "fair market" means that the Dealer has a right to ask for as much as they can get for a car and that the market will set the price.

 

In the case of a car....you can do that. But should you? When does it stop? Why is it OK for a bank to approve a family a home loan of 1/2 a million dollars, but the family combine income is only 60K? Why must a family try to buy a 1/2 million dollar home they cant afford? Why is it ok Ford a Townhome in Columbia MD to sell for 450K+ simply because there are buyers who are willing to pay for it? Is its worth really that high?

 

Just because you can...doesn't mean you should. Its greed....period. And it has effects, and consequences, and repercussions. Maybe not as much in the car buying biz than in the real estate market. But the principles remain the same.

 

If a dealer can make a profit selling a vehicle below MSRP....then they souldnt be able to sell a vehicle for over MSRP. Even IF there a buyer who is willing to pay for it. He or she doesnt WANT to spend that much....but they are willing to because of reasons XYZ. What happens when these reasons turn out to be a facade?

 

Greedy "collectors" who buy a car and spend more in markup that the MSRP even cost...at the risk of buying an item that depreciates with value....its stupid. And dealers are equally to blame....the get as much as you can while you can moto will fail u in the long term.

[Edstock]

Collectible is relative.

 

Here's a collectible,

 

 

Ferrari 250 GTO rumored to have sold for $28.5 million

 

http://www.autoblog.com/2008/09/17/ferrari...r-28-5-million/

[snooter]

walked into ford today and looked at a 09gt500 with 5kadm....white with red stripe package....sales chick said i could not look inside never mind some car sales dude was leaning all over it...the sales chicks sales pitch...its fast...i looked and left....on the way out i did sit in the new flex..me likes...no i will not buy any gt500 until the stupidity leaves this market...and from the looks of things..that should be fairly quick

[Cougarpower]

hell my neighbord went to a Dodge Dealer and he almost bite a new challenger SRT8 but the

$72,000 price he left a little unhappy

[snooter]

hell my neighbord went to a Dodge Dealer and he almost bite a new challenger SRT8 but the

$72,000 price he left a little unhappy

 

guess gotta make up the difference somehow with ram prices 40% off msrp....course dodge is running any and all future owners off with gouging on the srt8

[V8 Ford]

guess gotta make up the difference somehow with ram prices 40% off msrp....course dodge is running any and all future owners off with gouging on the srt8

The idea is to run off potential buyers. It doesn't do them any good if they have a mile long waiting list for the SRT8s, but only have a couple hundred to sell. If the add 30K to the price, the drive off most of the customers, but still sell all the ones they have, assuming that enough people are willing to pay 70K for a Challenger SRT8 to sell them all.

Edited September 21, 2008 by V8 Ford

[F250]

This is a complex issue, but is very much a microcosm of what happened in the US economy over the last two years.

 

The idea that the "market sets the price" is what screwed us up big time. Free market unchecked is about greed. How much can i get something for...vs how little can i pay for something. The housing market imploded because we got too greedy (buyers and sellers). The same can apply in the case of these hipo cars that are selling over MSRP.

 

THe MSRP for theses GT500 and SRT8 vehicles already had a nice profit margin built in. Dealers saw an opportunity to make more money....Ford doesn't seem to regulate what a dealer does, and critics complain that a "fair market" means that the Dealer has a right to ask for as much as they can get for a car and that the market will set the price.

 

In the case of a car....you can do that. But should you? When does it stop? Why is it OK for a bank to approve a family a home loan of 1/2 a million dollars, but the family combine income is only 60K? Why must a family try to buy a 1/2 million dollar home they cant afford? Why is it ok Ford a Townhome in Columbia MD to sell for 450K+ simply because there are buyers who are willing to pay for it? Is its worth really that high?

 

Just because you can...doesn't mean you should. Its greed....period. And it has effects, and consequences, and repercussions. Maybe not as much in the car buying biz than in the real estate market. But the principles remain the same.

 

If a dealer can make a profit selling a vehicle below MSRP....then they souldnt be able to sell a vehicle for over MSRP. Even IF there a buyer who is willing to pay for it. He or she doesnt WANT to spend that much....but they are willing to because of reasons XYZ. What happens when these reasons turn out to be a facade?

 

Greedy "collectors" who buy a car and spend more in markup that the MSRP even cost...at the risk of buying an item that depreciates with value....its stupid. And dealers are equally to blame....the get as much as you can while you can moto will fail u in the long term.

 

 

If I decide to sell my house and I ask $500,000 for it but you offer $450k and buyer #2 offers (and can pay) my asking price of $500k guess who just bought my house? On the other hand if nobody makes an offer I can decide to lower the price or not sell. Welcome to reality, the market does set the price.

Wether the buyer can afford it or not is between him and his bank, in the case of a mortgage it would require stupidity on both of their parts to get over extended. Adults buy houses and cars so they are responsable for their actions...and the bank has to be able to look at the buyer's ability to repay and say "no" if needed. And the government should have been strictly monitoring and regulating the mortgage situation since in the end when those companies fail it's the government that gets the call to bail them out. So there you have a 3-part failure of the system beginning with the buyer

 

 

Again, I cant believe you said:

If a dealer can make a profit selling a vehicle below MSRP....then they souldnt be able to sell a vehicle for over MSRP. Even IF there a buyer who is willing to pay for it.

 

That's your opinion and you can keep waiting to see if a dealer will sell you a new Shelby for sticker.... good luck. Buyers are individuals with unique situations, the first Ford-GT my dealership sold the buyer walked in and wrote a check for it paying about $50k over sticker to get the first one in town. But then there are folks who unexpectedly loose their job 2-years into a 5-year loan on a Focus.

Edited September 21, 2008 by F250

[Ralph Greene]

Francise laws play a large part in the amount of control Ford has over it's dealership selling prices. They vary state to state...region to region.

 

But obviously Econ 101 is working. Supply is catching up with demand of these toy vehicles. And slowing economy is reducing demand as well.

Edited September 21, 2008 by Ralph Greene

[Ford-150]

So VERY true!!!

 

And add to that, the Nissan dealers with the GT-R! Good luck finding one of those for MSRP!!

i have seen more of the GT-Rs on the road than i have seen the G8 which is a bargain.....