How much over MSRP 🥳

[Englewood]

I got updated rate sheets for several of our finance partners....people have no idea what is really coming/happening. I'm still chewing on what I saw...dealer fees to lenders to write loans in our industry have got from absurd....to absolutely fucking insane.

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[riverroyal]

F150 market is back to normal. Suoer duties are not.
I tried ordering a 2023 f350 or 250 diesel for a arrival date of roughly a year from now
Nope...dealer allocations are next to nothing. These will all be over msrp.

 

[Ace in the Hole]

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I've went on a couple rants about dealer fees for Solar lending before, and my issues with certain lenders. To get these 1.9-2.9-3.9% etc rates on essentially a long term unsecured loan requires a very front heavy contractor fee to get. Rates have been ticking up for that, and now (as of the 11th) its reached a point that it's going to slow down the market IMO...and this is the section of the industry that I work in. There are alternatives...but not all installers qualify to onboard with those options....so they take what they can get/offer. This jump was over 10% in some cases...so the consumer whether they realize it or not may be paying up to a third of their install in just finance fees...before interest payments etc.

 

[Englewood]

I've went on a couple rants about dealer fees for Solar lending before, and my issues with certain lenders. To get these 1.9-2.9-3.9% etc rates on essentially a long term unsecured loan requires a very front heavy contractor fee to get. Rates have been ticking up for that, and now (as of the 11th) its reached a point that it's going to slow down the market IMO...and this is the section of the industry that I work in. There are alternatives...but not all installers qualify to onboard with those options....so they take what they can get/offer. This jump was over 10% in some cases...

Sounds like RE. The market won’t support 7% rates.

 

[DWC]

You will hate it. They are like an enduro motorcycle. Not really great at any one thing.

Off road? Maybe after 50k in upgrades
Street? It’s a truck at the end of the day
Speed? It’s a V6
Towing? It’s a v6

I’m sure this will ruffle some feathers but it’s the truth.

Killing my dreams..

 

[Ace in the Hole]

Sounds like RE. The market won’t support 7% rates.

APR is one thing...this is the cost to even get the loan written. The market won't support it, and its going to have a major ripple impact in low utility cost areas...

 

[Riverbound]

Never had a raptor, but I was kinda thinking about selling my dually and getting one?

I am just struggling with the idea of taking something that expensive actually Offroad?

RD

FYI. They absolutely suck towing. And are mediocre “off road”

It it’s hands down the best riding truck I have ever owned.though

 

[Christopher Lucero]

I talked to those idiots at Rancho Mirage. Same deal. That’s why I’m waiting, I can’t mentally do it. Lol

I will give you honest feedback. I was in the market to purchase at MSRP and not another dollar more. I sent my gen 1 raptor to camp and needed another truck. I ended up buying a high mile stock Gen2 Raptor from someone I know private party. I like nice things but refuse to over pay.

I’m playing the waiting game right now. We are wanting to get the wife a new Tahoe but not at the current pricing. Damn!!

This is how we whip inflation.
refuse to feed the beast.

Whip Inflation Now - Wikipedia

en.wikipedia.org

 

[badgas]

I've went on a couple rants about dealer fees for Solar lending before, and my issues with certain lenders. To get these 1.9-2.9-3.9% etc rates on essentially a long term unsecured loan requires a very front heavy contractor fee to get. Rates have been ticking up for that, and now (as of the 11th) its reached a point that it's going to slow down the market IMO...and this is the section of the industry that I work in. There are alternatives...but not all installers qualify to onboard with those options....so they take what they can get/offer. This jump was over 10% in some cases...so the consumer whether they realize it or not may be paying up to a third of their install in just finance fees...before interest payments etc.

Solar lending fees are bananas. A few weeks back it was like 26% to get a 2.99% APR but you could get 6.99% ish for no fees. Hard to belive that some consumers will pay that fee for a lower patment.

 

[Ace in the Hole]

Solar lending fees are bananas. A few weeks back it was like 26% to get a 2.99% APR but you could get 6.99% ish for no fees. Hard to belive that some consumers will pay that fee for a lower patment.

Depending on the servicer...that loan can have a 34% fee attached to it now.... Often times they have no idea.. Its built into the price they see on the presentation... A lot of companies don't break it down to a base price and give you options... It's just a flat price. I always had an excel table built that I gave people the option when I sold at the table...cash is x, these are the financing options and fees...pick what you want. A lot of people make the wrong choice though...long long, long terms when in reality most pay it off pretty fast, and rarely does a loan go longer than 8 years. I never ever thought I'd see the fees hit this point.

 

[badgas]

I read an article today that said dealer inventory is up 78% year over year from Oct to Oct.

Rates are putting pressure on the inventory they do and will have so it is getting closer "normal " market where dealers compete for customers business.

 

[Taboma]

Doesn't Ford still have roughly 30,000 2022 trucks and suvs parked awaiting parts ? Would seem in the near future there's going to be a lot more of those showing up on lots ?? Plus at some point you'd think they'd want to sell 2023s and those 22's will be a year old brand new truck.

 

[USMC2010]

Never had a raptor, but I was kinda thinking about selling my dually and getting one?

I am just struggling with the idea of taking something that expensive actually Offroad?

RD

I have a friend that off roads his but I don't think he is overly aggressive when he does.

 

[JM21]

Kia of Temecula

I finally had a chance to call them...Spoke with sakes guy "Vee" and said rumor on the street is you guys are done with dealer mark up on the Tellurides....He laughed through the phone and said $6500 but they give you free ceramic coating....LOL.....NOOOOO!!!!

 

[Ziggy]

So I saw an interesting article yesterday that GM, and to probably a similar degree Ford and Dodge, are basically using the windfall profits from all the popular SUV and Trucks to bankroll the conversion of everything else they sell to electric. GM had announced no ICE models for sale past 2035. Ford is not quite so aggressive.

Anyhow so I think the point is, going forward, they need these profits to keep rolling in so I really doubt we will ever see deep discounts (under invoice) for most of what’s popular out on the lots today and next year.

Sure if you order via fleet or have some one-off model the dealer knows they can’t sell they might deal so there will be exceptions but they will be far and few between.

It's the dealer making profit from adm, not manufacturers.
With lower volume of inventory the "keep the doors open" margin needs to be made up somewhere.

 

[TCHB]

I will give you honest feedback. I was in the market to purchase at MSRP and not another dollar more. I sent my gen 1 raptor to camp and needed another truck. I ended up buying a high mile stock Gen2 Raptor from someone I know private party. I like nice things but refuse to over pay.

Same here. I have never paid over MSRP on anything. I worked to hard to throw money away on a transportation tool.

 

[beaverretriever]

A customer of mine just bought a brand new fully loaded Raptor out of some dealer in Florida. They have tons in stock. He worked in 850.00 shipping to Vegas, and got about 1500.00 or so under MSRP. So if anyone who is willing to do some footwork the deals are coming about.

 

[BIGRED9158]

I finally had a chance to call them...Spoke with sakes guy "Vee" and said rumor on the street is you guys are done with dealer mark up on the Tellurides....He laughed through the phone and said $6500 but they give you free ceramic coating....LOL.....NOOOOO!!!!

That’s still better then 15k over let me see if I can find the guys card who called the other day

 

[brgrcru]

Sorry guys , until ford puts a v8 in a raptor again
You can have your rice rocket sound -a- like
No thanks

 

[Taboma]

A customer of mine just bought a brand new fully loaded Raptor out of some dealer in Florida. They have tons in stock. He worked in 850.00 shipping to Vegas, and got about 1500.00 or so under MSRP. So if anyone who is willing to do some footwork the deals are coming about.

Oh yeah, dealing on the Ivan trucks are they ?

 

[Taboma]

Sorry guys , until ford puts a v8 in a raptor again
You can have your rice rocket sound -a- like
No thanks

Uhhh, they have if you've got the bucks, step on up.

 

[Xtrmwakeboarder]

Sorry guys , until ford puts a v8 in a raptor again
You can have your rice rocket sound -a- like
No thanks

https://media.ford.com/content/fordmedia/fna/us/en/news/2022/07/18/700-horsepower-new-ford-f-150-raptor-r.html

 

[BIGRED9158]

Might be a good deal for someone

2014 FORD RAPTOR | ONLY 8,500 MILES!!!

2014 FORD RAPTOR | ONLY 8,500 MILES!!! Recently invested over 15k into it with the following upgrades and services: - Ford Sync 3 Upgrade (Apple CarPlay) - Synthetic Oil Change - New K & N Air F...click to see more of this listing

classifieds.race-dezert.com

 

[brgrcru]

Uhhh, they have if you've got the bucks, step on up.

No thanks . Probably over 100 k for a pick up truck !

I’ll drive my 2005 gmc 4x4 10 k diesel truck .

 

[brgrcru]

https://media.ford.com/content/fordmedia/fna/us/en/news/2022/07/18/700-horsepower-new-ford-f-150-raptor-r.html

It has your name on it . Lol

 

[pkbullet]

Doesn't Ford still have roughly 30,000 2022 trucks and suvs parked awaiting parts ? Would seem in the near future there's going to be a lot more of those showing up on lots ?? Plus at some point you'd think they'd want to sell 2023s and those 22's will be a year old brand new truck.

If they all were released today, that would be about 11 truck per dealership if equally distributed.

 

[badgas]

I finally had a chance to call them...Spoke with sakes guy "Vee" and said rumor on the street is you guys are done with dealer mark up on the Tellurides....He laughed through the phone and said $6500 but they give you free ceramic coating....LOL.....NOOOOO!!!!

" VEE" is on glue ! They all tell you that over the phone. The phone is for looky loos. If you go in person you WILL that car under MSRP.

Kia Cerritos has 38 tellurides setting there. I have been on the lot and they will sell at or under even on Hybrid vehicles that someone wants righ now.

The EV6 is the only one they are holding the markup on and even that is getting smaller.

Asking price on the window is irrelevant.

 

[BAS]

FYI. They absolutely suck towing. And are mediocre “off road”

It it’s hands down the best riding truck I have ever owned.though

View attachment 1172658

Switch teams?

 

[BAS]

Well against all advised, he bought it and it can be yours today for $96,200.