Ford email update -- reservations, ordering, mid-October Build & Price

[Stimpy]

You are talking apples to oranges here. If you are having to use tax deferred retirement funds buying your Bronco you shouldn’t be buying at all

The account he used in the example doesn't really matter. The point is that the deposit is an interest free loan to the dealer that I could otherwise invest in something else. It doesn't necessarily mean he intends to take the money out of his TSP account to pay for the Bronco.

For example, in November I though I might want to get a Cybertruck (now I'm probably going to get a Bronco) so I sold by F-150 and bought Tesla stock. The opportunity cost of not making that investment is now over 1000% that I wouldn't have made if I left the money in my checking account or put it down as a deposit.

That being said, I don't think $500 is unreasonable if it's refundable and would probably put down up to $1000 if I had a chance to see the Bronco in person beforehand.

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[FATHORSE]

I looked at the reservation info and noticed that they added the destination charge on the reservation details. 1,495. So the total MSRP went up which i guess was expected. Within 2 weeks we will all probably get a rise if sticker prices with all the features and accessories we add to our total bill.

 

[Lcubed]

You are talking apples to oranges here. If you are having to use tax deferred retirement funds buying your Bronco you shouldn’t be buying at all

TSP comes in both flavors, tax deferred and not.

My other investment vehicles (non tax deferred) did nearly as well as the TSP over the same time period,
So who ever has the deposit can definitely get some profit over a one+ year timespan.

My personal opinion, the dealer shouldn’t get the profit for essentially placing the order into the ordering system.

 

[Skagzoola]

That is wonderful to hear. I’m glad you reached out to her. They’ve been decent to me so far.

So far the customer service I've received from Caitlin is insane. Bowen Scarff definitely has my business, and it's actually a little bit of a drive for me.

 

[Rivers90]

So it sounds like we'll be placing another deposit with the dealer?

And I'm speculating, but it sounds like they'll be allocating based on similar builds?

"Production of similarly configured Broncos."

?

On Wrangler's production is often grouped by color. With a group of jeeps being made all in the same color then switching to a different color for another group. On jeeps it may be a few weeks before a batch is made in your color.
Ford may do things differently. But this could be what they are talking about.

 

[LarryZiegler]

TSP comes in both flavors, tax deferred and not.

My other investment vehicles (non tax deferred) did nearly as well as the TSP over the same time period,
So who ever has the deposit can definitely get some profit over a one+ year timespan.

My personal opinion, the dealer shouldn’t get the profit for essentially placing the order into the ordering system.

TSP comes in both flavors, tax deferred and not.

My other investment vehicles (non tax deferred) did nearly as well as the TSP over the same time period,
So who ever has the deposit can definitely get some profit over a one+ year timespan.

My personal opinion, the dealer shouldn’t get the profit for essentially placing the order into the ordering system.

whether you like it or not, that’s the commitment to get yourself into the game, as the same commitment comes in a deposit when you pay the builder in a subdivision for the build of a new house that might not be built for at least 7 months and likely longer.

 

[Lcubed]

whether you like it or not, that’s the commitment to get yourself into the game, as the same commitment comes in a deposit when you pay the builder in a subdivision for the build of a new house that might not be built for at least 7 months and likely longer.

all three of my prospective dealers have committed to no additional deposit above the original 100$, so you're what-if ism doesn't apply.

 

[bladsquatch]

This doesn't make sense to me. Why would you put your base model out as a first impression? Majority of people want to see the higher trims. You would think Ford would want to make a wow factor first impression to the masses.

Maybe they’re expecting more of those? ??‍

 

[Bronco4]

Dealer said no additional deposit necessary and I can cancel up to and including the day the First Edition shows up at the Dealership.

 

[RedDawg]

My dealership hasn’t mentioned an extra deposit, but they are looking to get more reservations lined up. https://www.peoriaford.com/ford-reviews/2021-bronco.htm
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[deznut]

Mine said yes its refundable

They also told me(not sure how accurate) that there are 185K reservations right now and Ford will only be making 125K Broncos in 2021 model year,they rest will be 2022's

Hmmm...appox 250 manufacturing days (M-days) in a year
125000/250days = 500 units per day
500/3 shift day = 167 per shift
167/8 hrs = 21 units per hour
21/60minutes = 1 bronco every 3.5 minutes

old article (2018) on F-150 (article claims (1) F-150 every 52 seconds)...that's really flying!

https://www.freep.com/story/money/cars/2018/05/18/ford-f-150-meridian-magnesium/622681002/

 

[Danager]

Units per interval is very different from average assembly time. You have to deduct ramp-up time.
If you start assembling these truck every 30 seconds, eventually you will begin completing one every 30 seconds.

 

[t3n2and4]

So far the customer service I've received from Caitlin is insane. Bowen Scarff definitely has my business, and it's actually a little bit of a drive for me.

It’s a big drive for me, but I like what they’re doing.

 

[Kuze]

Interesting. Put down another deposit on a vehicle you haven't even seen for a timeline that could be 15 to 18 months away for an unknown interest rate. Hence why I'm only willing to pay invoice.

What do you mean unknown interest rate? You aren't financing the car at the time of order. You'll finance it when its ready to be picked up and its been delivered. The $500-$1000 is just a deposit and no interest is associated with it.

 

[LarryZiegler]

all three of my prospective dealers have committed to no additional deposit above the original 100$, so you're what-if ism doesn't apply.

But as you say, you are losing out on interest for that $100 deposit. *shrugs*

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