- First Name
- Zach
- Joined
- Sep 28, 2020
- Threads
- 53
- Messages
- 1,309
- Reaction score
- 12,622
- Location
- Granger, IA
- Website
- grangerfordextendedwarranty.com
- Vehicle(s)
- Ford Mustang
- Your Bronco Model
- Wildtrak
- Thread starter
- #16
Maybe...but I got a message from a pretty large dealer (125 allocation estimate), who initally said they were converting about 80% of orders, but now says they are going to be right at 85% for pre-Sep 19th reservations converted. I haven't heard any dealer say they were as low as you are suggesting....it would be intersting to hear from more dealer son their rates. I thought Granger would be higher than the norm too, but maybe they had a lot of fliers who just saw a good deal and reserved, and the normal local dealers will fare about the same or better.
I think our conversion ratio will end up being higher than the "average" dealership. My conversations that I have had have been very well informed buyers on the forums mostly and they are happy to sign up. That being said, our cancellation ratio is a "total" so that includes someone who cancelled on July 14th through today. So the amount of calls we've had where someone has backed out is less than half of that, so I can definitely see if they are going off of their list that was remaining reservations on January 19th that they would be converting at 80%, but they are forgetting about the people who cancelled prior to January 19th. 85% of our cancellations came BEFORE January 19th.
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