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re: Ford fixed pricing spinoff thread, are we losing the skill set to barter?
Posted on 5/29/23 at 7:44 am to boxcarbarney
Posted on 5/29/23 at 7:44 am to boxcarbarney
quote:
A lot of people can’t negotiate. That was true 20 years ago as it is today.
The dealership will likely frick you no matter what, you’re just negotiating whether or not you get a reach around out of the deal.
I love to hear and laugh at people who will brag about the"deal" they got or how they fricked a salesman or dealership. I also love to hear a salesman tell someone they are losing money on a deal. All are bullshite, yeah with homework and negotiating you can work a good deal. But make no mistake they are not losing money are will never beat the dealer. They do this shite everyday you are not going stick it to them and they aren't going to lose money.
2
Posted on 5/29/23 at 7:44 am to Dawgfanman
I don’t see this working for Ford. Many people have gone to this model and ultimately reversed course.
JC Pennys did this a few years back and lost their arse. They got a new CEO and he said that was a huge mistake because people mentally want to think they are getting a good deal.
For someone like me that will research a new car for hours and make a spreadsheet with dealer cost, add on, finances, etc, I will not be shopping for a Ford.
JC Pennys did this a few years back and lost their arse. They got a new CEO and he said that was a huge mistake because people mentally want to think they are getting a good deal.
For someone like me that will research a new car for hours and make a spreadsheet with dealer cost, add on, finances, etc, I will not be shopping for a Ford.
Posted on 5/29/23 at 7:54 am to dallastiger55
quote:
For someone like me that will research a new car for hours and make a spreadsheet with dealer cost, add on, finances, etc, I will not be shopping for a Ford.
Well, I would say that depends. Like I posted earlier, if their "no haggle" price is $15-20k less than now for a F150 XLT, that might be reasonable. If it's today's MSRP or close to that, then no.
Posted on 5/29/23 at 7:54 am to Cheese Grits
Bought my last four (4) cars from same local dealer. Positive interactions in experience, pricing and post same service. In todays market, a rare relationship more like buying a tractor brand for purposes of knowing you have a local dealership for service.
As an employee of a large corporation, I have no confidence that a company like Ford has my best interest at heart in establishing their pricing. They are focused on stock price and ESG scores. Dealers have good and bad points, but when I walk out of the dealership with a new or used vehicle I am satisfied with my decision. I am not convinced fixed pricing will provide the same experience or benefit.
As an employee of a large corporation, I have no confidence that a company like Ford has my best interest at heart in establishing their pricing. They are focused on stock price and ESG scores. Dealers have good and bad points, but when I walk out of the dealership with a new or used vehicle I am satisfied with my decision. I am not convinced fixed pricing will provide the same experience or benefit.
Posted on 5/29/23 at 7:58 am to Cheese Grits
Ford setting the stage for non-negotiable, overpriced EVs.
Posted on 5/29/23 at 7:58 am to Cheese Grits
Americans (white Americans) in general don’t know how to bargain.
I have Asian friends that love seeing white Americans show up anytime they are reselling anything. The Asian friends know 9 out of 10 times they are getting the price as marked.
I have Asian friends that love seeing white Americans show up anytime they are reselling anything. The Asian friends know 9 out of 10 times they are getting the price as marked.
Posted on 5/29/23 at 7:59 am to weptiger
quote:
weptiger
You sweet summer child. The only thing the dealership has in mind is how deeply they can screw each potential customer.
Posted on 5/29/23 at 8:04 am to Ponchy Tiger
quote:
with homework and negotiating you can work a good deal.
Saved 9K on my last car this way.
Left some money on the table but got the higher model car for the lower model price. In true free markets and long term business both sides should promote a deal where both will return to the table in the future.
quote:
never beat the dealer.
Probably true except in rare occasions. Usually when you have a better feel on the actual value of the good and not the perceived value.
quote:
They do this shite everyday you are not going stick it to them and they aren't going to lose money.
Yet folks go to Vegas and lose their life saving thinking "they" will come away the winner.
Posted on 5/29/23 at 8:06 am to The Torch
quote:
Ford sticker price means spit.
Starting to see big discounts on in stock inventory. Some up to $10K off sticker. I know they are not selling at a loss, so just how much profit is in a F150 LARIAT at MSRP?
MSRP:
$76,060
Dealer Discount:
$10,442
Advertised Price:
$65,618
LINK
Posted on 5/29/23 at 8:10 am to joshnorris14
quote:
The only thing the dealership has in mind is how deeply they can screw each potential customer.
No doubt and Ford, Chevy and even Tesla with fixed pricing are no different. I should have expanded my initial comments that I research price and even shop prices among dealers in advance. I acknowledged dealers have issues….that is known, but you can’t assume that direct, fixed pricing will ultimately be any better.
Posted on 5/29/23 at 8:15 am to Cheese Grits
Haggling is just a waste of time. Accept that your fellow man needs to earn a living.
Also, I’m not paying all these fricking fees.
Also, I’m not paying all these fricking fees.
Posted on 5/29/23 at 8:16 am to Cheese Grits
The less I have to deal with sleazy car salesman the better. I kind of enjoy fricking with these assholes though.
Posted on 5/29/23 at 8:21 am to Strannix
quote:
You don't have any power when you finance everything 84 months
Ok. And?
What’s the difference between me financing at 0% for 84 months at $50k or 5.99% for 60 months at $40k? I know it’s a depreciable asset. I know the value drops. But the prices of new vehicles are insane. I’d say better than 90% of people don’t have $50k laying around to pay cash for a car. So what else are you supposed to do?
Posted on 5/29/23 at 8:22 am to elprez00
quote:
I’d say better than 90% of people don’t have $50k laying around to pay cash for a car. So what else are you supposed to do?
Don’t buy a $50k car with your $80k salary.
Posted on 5/29/23 at 8:45 am to BigPerm30
quote:
Don’t buy a $50k car with your $80k salary.
Oh ok. Have you checked car prices lately? Maybe I should just go buy a $30k used car.
I know the OT is all ballers with 800+ credit scores, but it’s like people have no clue about the realities of the world right now.
Posted on 5/29/23 at 8:56 am to BabyTac
quote:
I for one wish this model would’ve changed years ago. Everything is preorder now anyways. The last thing I want to do is deal with some slicked up 20 year old drop out trying to tell me something I don’t already know. Then go talk to his drop out sales manager who thinks he’s Tony Montana.
Last time I bought a car from a dealer, I got the cell # of the sales rep, texted him my offer. He texted back with counter, I gave him my best and final, he said no, I said ok, then half an hour later he calls and said my last offer is good. Easy peazy.
Granted, this was 2020 prior to the crazy inflation and shortages.
This post was edited on 5/29/23 at 8:57 am
Posted on 5/29/23 at 8:58 am to Cheese Grits
My latest experience with closing out my mom's estate was a excruciating lesson in how the lack of negotiating and bartering skill can make a hard task even harder.
My sister and I are the co executors. Since my mom's house is not sold yet some of the furnishings are still there in the home. We have had neighbors and our realtor ask about purchasing some of the items. My sister is serving as the point of contact about everything to do with the house. When we she is asked about framed prints and furnishings she will ask me if I want to sell them. The first thing I tell her is to get an offer on the item. She pitches a fit about this and wants us to set a price rather than letting the buyer make an offer.
I told her everything is for sale at the right price. If the offer is too low its easy to counter offer. Either the counter is accepted or not. If the price is right it's sold. This isn't rocket science.
My sister and I are the co executors. Since my mom's house is not sold yet some of the furnishings are still there in the home. We have had neighbors and our realtor ask about purchasing some of the items. My sister is serving as the point of contact about everything to do with the house. When we she is asked about framed prints and furnishings she will ask me if I want to sell them. The first thing I tell her is to get an offer on the item. She pitches a fit about this and wants us to set a price rather than letting the buyer make an offer.
I told her everything is for sale at the right price. If the offer is too low its easy to counter offer. Either the counter is accepted or not. If the price is right it's sold. This isn't rocket science.
This post was edited on 5/29/23 at 9:09 am
Posted on 5/29/23 at 9:02 am to Cheese Grits
quote:the actual barter economy is alive and well and thriving you just have to know where to look. Go to a farmers market and talk to the vendors they’ll tell you it’s the key to a sustainable system of interaction
I am old and I grew up in a world of horse trading that evolved into auto trading.
Posted on 5/29/23 at 9:12 am to Cheese Grits
quote:
Are we creating a generation that does not know how to haggle anymore?
Yes. I have never minded the back and forth of buying a car, possibly because my family has owned dealerships and lots since before I was born, so thats just what you do…on a car and many other things.
When I say I kind of like the car-buying process, most people are horrified. Especially other women. They hate it—don’t like the confrontation, don’t like the inconvenience of having to actually deal with another person. It is another example of the softness which is becoming prevalent.
My in-laws have garage sales occasionally and I have watched old Asian ladies pick up a $10 item and say “25 cents”. Then stand there implacably and wait after you say no, and continue to say “25 cents” until you either capitulate or start working around them. It is a tutorial on bargaining, and a valuable skill. Bargaining can be a form of self-advocacy.
Not happy to see this “fixed price” bs possibly become the norm. It isnt being implemented to be beneficial to the consumer, for certain.
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