Any deals yet due to coronavirus?

[Dice Roll]

I still get emails from a slew of dealers since I bought mine a little over two months ago. Most look to have the same inventory as they did then. I even get a ford weekly update of some local lots and those look mostly the same, with one in particular that was of interest highlighted as still being there.

I cruised the local dealers sites on a lark and sure enough, they still ask about the same as before this all got rolling. Anybody find them willing to cut better deals recently? I had to buy out of state as the ones near me all made it clear they weren’t interested in the least that they got undercut by thousands.

 

[Adieu]

Ford is advertising 3 delayed payments + 3 more payments on the house pretty actively on youtube... not sure if that's open to new buyers/lessees or just existing financed purchases

 

[Deadman]

Delayed payments just make them more money in interest. They're still charging the interest I'm sure, so now you end up paying them an extra pile of interest because you skipped those payments. I'd love to offer that as well as a business owner! lol

 

[bushpilot]

wasn't ford also offering zero percent interest?

 

[2018ExpyPlatinum]

I'm surprised with all you hear about new and used car sale down 35 or 40% that these dealers STILL don't give a poop if they sell a car or not. No deals, not moving much on price, even with vehicles that have been there for months. And all this talk about how things are going to change regarding how they sell cars in the future. How about the stories about dealers refusing to take back end of lease cars! IDK, I just don't understand it.

 

[Dice Roll]

Yeah I don’t understand it either. They have those promos going, but it would seem prices should be falling along with it.

it’s a weird structure to it all even without covid. Two dealers in the Deep South told me they compete on price, but once you get closer to where the factories are in the north, the deals aren’t there. They just rely on factory incentives in those areas. At best people know somebody to get a pin from, so it appears there might be enough sales due to people thinking that’s the end all be all to a good deal.

the place I bought mine from sold an f250 to a guy in Kansas city and saved him about the same as they did me. Like 5-6 grand. Of course kc has a truck plant, so that follows on the x plan scheme thinking.

 

[st381183]

The deals won’t be showing up for another 60-90 days, you have to let the bleeding start to flow before they get eager to stem it and sell inventory at a price that is reasonable. There is still too much government stimulus money and people wanting to spend it on cars and TVs. Come July the dealerships will deal or die.

 

[bushpilot]

the deals will happen faster than that - I just saw (tv) ads from FCA for
90 days deferred payments and 0% interest for 84 months!

https://www.thedrive.com/news/32855...84-month-loans-to-drive-sales-during-pandemic

 

[JExpedition07]

GM is dealing. I’ve noticed Ford thinks their trucks are a hot commodity and won’t wheel and deal as much the last few years as previous. Up here it is mostly incentives.

 

[bushpilot]

GM is dealing. I’ve noticed Ford thinks their trucks are a hot commodity and won’t wheel and deal as much the last few years as previous. Up here it is mostly incentives.

they think it because it's true.
#1 selling truck, and MOST profitable line of vehicles made....they don't have to deal (as much).

 

[Going_Going_Gone]

We MAY be in the market to replace the wife's vehicle this year; but we're going to wait until mid-late December to make our final decision. Sales are down now and manufacturers and dealers are probably just hoping that this will be a bad quarter or two and that sales could eventually improve. My thinking is that, if the numbers stay low 'till the end of year when they can predict actual YTD sales, manufacturers and dealers may offer more in order to keep the numbers out of the tank. If not, we can hold off longer. A new vehicle is more of a want than a need as the present car works great, is long-ago paid off (and at present values, not highly valued as a trade in), we sure aren't driving either of our vehicles as much as we used to, and there could be a second viral wave causing who-knows-what between now and then.

 

[JExpedition07]

they think it because it's true.
#1 selling truck, and MOST profitable line of vehicles made....they don't have to deal (as much).

They always negotiated in the past....since their shares have tanked over the last few years as well as having falling global sales and now ‘junk’ credit status yeah, they need to deal. Unless of course they want to go belly up, which many experts are saying will happen if Ford doesn’t change their recent course. They’ve pulled out of worse we will see.

 

[bushpilot]

They always negotiated in the past....since their shares have tanked over the last few years as well as having falling global sales and now ‘junk’ credit status yeah, they need to deal. Unless of course they want to go belly up, which many experts are saying will happen if Ford doesn’t change their recent course. They’ve pulled out of worse we will see.

individual DEALERS and their profit are different from ford's.
the dealer is concerned w/ their own operation and profitability (not so much about dearborn).

 

[Kevink109]

Also keep in mind with the COVID-19 shutdown disrupting the supply chain and the tornado taking out the differential supplier - reality is Ford is already having a large reduction of capacity. If there are less units on the market there will be less pressure to discount unless demand heavily reduces.

 

[rjdelp7]

Dealers incentives and rebates change on the 7th of each month. I used to see the best deals around July or August. Any inventory still on the lot this year, by July, should get huge rebates or discounts.