That seems crazy to me that there would be penalties on the dealerships if the reservation holder backs out of the order. While the system does appear like it could be gamed if you really worked at it...there will be those that don't follow through on their orders. I hope there there aren't penalties for legitimate orders that fall apart.
That does seem odd as well.
Yes, I believe cancelled orders or reservations will still be built until they hit the 7k total FE #. Any not bought through the reservation process will eventually end up on a dealer lot.
That's the way it has to be, otherwise people (dealers and customers) will order both reservations, people that aren't really serious will order, and those that really want one will wait that much longer due to all these orders, dealers would come out fine as the backed out of units will sell at a premium, but reservations holders won't be thrilled seeing units in stock when they still have months to wait for a VIN number.
It's a shame they don't have a wait list for cancelled FE reservations and are filled on the order they were received. Some of these FEs will end up sitting on dealer lots with $20k ADMs.
Maybe, depends how bad the navy pier ends up looking ?
Those that claim there are penalties have been pretty vague. Like many other things, dealers will be looking out for their own interests before ours. I doubt the penalties are as severe as being suggested and with all Ford has going on won't likely have the resources to focus on such things. Like has been stated, there will be many deals that go sour, especially those that are waiting a long time for their Bronco.
i am pretty sure thats extortion lol
I agree with @Fordboi , if you can get approved to 2 loans (unless your a Richie rich) take both and sell one of them.
