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Toyota did that with early Prius'. Carried a 9 month+ wait list for the first couple years and made bank.Indeed on that last line...as someone else commented here, I cannot imagine Ford would want their dealers to have zero Broncos on lots WELL into Calendar Year 2022....
Damn...that's interesting - though zero doubt Toyota rocked that money train.Toyota did that with early Prius'. Carried a 9 month+ wait list for the first couple years and made bank.
Same I reserved on 7/14 so I feel pretty good about getting mine by June/JulyI like that number, as a second day reservationist.
I think itāll be a linear cancellation rate. As dealers begin to contact customers a certain amount will bail. Weāre a bunch of zealots, so you canāt use our reactions to gauge the general public.That is for sure the 22million$ question. outside of late availability and with the bulk of reservations in that first 2 week curve leading edge. I would say the best odds would be within the first 24hrs and after about 3-4 days the odds dropping quickly.
Now the key will be the late availability and pull through rate. I think there is going to be a drop at time of order clearing out multi reservations and the first round of tire kickers. Then a smaller drop at financing since prices and order commitment should have cut the bulk.
So where in the reservation date window does the drop out happen...biggest opportunity is IMHO in that first 3 week window of course as there are more reservations. Will it be linier or will after x date have a worse fall out rate?
Not time to freak out yet but maybe be realistic...and prepare for bad news...and hope for good news.
If this is the case, Ford is going to lose a lot of business.Interesting, it seems that each dealer is allowed to handle their business as they see fit.
My dealer has said that if they receive 100 allocations, they will contact customers based upon their reservation number. When they reach 100 orders they will no longer accept any further orders, until they receive their second allocation and the process starts over again. So waiting until later in February of March will result in not being able to order at all- even if you have a low reservation number.
They have also said that customers will be responsible for entering the orders, as we will NOT be allowed into the dealership to place orders due to COVID-19.
Are dealers receiving more than one allocation for 2021 models?
This is the āarea under the curveā issue we were analyzing in another thread. The There is a massive spike in 7/13 and 7/14 reservations - and these are likely 79% of the 190,000zI just got an email from my Zone manager with our allocation, I'm hoping its very wrong, but if its not we only got enough allocation to fill our 7/14 and 7/15 orders. I'm hoping its an error, but things could be about to get ugly.
Edit- Just talked to the zone rep, number was correct. He said it was about 30% of the reservations (by 9/18) for most dealers and that matches mine. He did say to remember that this was the estimate, it will change based on the number of reservations that cancel, and they're expecting more cancellations at certain dealers so he's hoping that the number will go up as they loose allocations.