So they can mark them up and sell them; duh!
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my buddy is sales manager and said the owner made ALL the staff put in a reservation on 7/13. He said they have around 20 to sell because of it. They've received 3 so far, with 4 more on the way next month, all going for +10k over.
Know idea if story is true. Maybe, maybe not. However, hear me out. If each employee reserved in own name, then takes delivery at said dealer(in reservation name) why wouldnāt this work? Store owner requires employees to sell in secondary market then makes the markup and says thanks for doing your job.LMAO, and you all seem to forget about the punishments put in place for said fuckery.
All dealers will be required to maintain an 80% name match from converted reservation to final sale on all 21MY Broncos delivered from June 2021 ā December 2021.
Ford will monitor each sale and take a snapshot at the end of each month, considering the prior 3 months of Bronco sales
A minimum of 5 Bronco sales must be met for the dealer to be evaluated. Prior to 5 sales, the dealer will auto qualify
Violation Penalty
A first violation will result in a warning
If a dealer does not meet the standard for a second period, Bronco allocation will be forfeited for 1 month
If a dealer does not meet the standard for two consecutive periods, Bronco allocation will be forfeited for 3 months
Keep in mind, if they do it 20 times and for checks in on what exactly is going on.....what exactly do you think could happen? The possibilities are endless.
He's gotta hope and pray all 20 people can afford to pay for their Broncos some way some how. And I've been selling cars for 6 yrs now, never have 20 people walked through, in a row, the door and each one of them have 700 credit scores or the cash to buy a 40-65K vehicle.Know idea if story is true. Maybe, maybe not. However, hear me out. If each employee reserved in own name, then takes delivery at said dealer(in reservation name) why wouldnāt this work? Store owner requires employees to sell in secondary market then makes the markup and says thanks for doing your job.
Fuckery avoided. And very clever. I mean what are the employees gonna do? Maybe they canāt afford the damn Bronco and want to keep job.
Weāre also assuming accountability in the dealer penalty equation. Also maybe, maybe not. Time will tell. Youāre one of the good guys so for your sake I hope so.
If thereās one thing Iāve learned in 44 years of life it is a whole helluva lot of humans will find away around the rules. You knowā¦.find the gray area. Maybe this guy found the gray area.
Now, if I was one of these folks at dealer in this job market and opportunity to mark up, Iād take my rightful Bronco delivery then quit and tell this a-hole shove the job up his ass!! I mean if itās a true story
I just don't see how they will enforce this. I am sure a fair amount of customers will lose financing or change their mind or just give up with all these delays. A dealer can probably make arguments as to why they did not meet the 80% rule. I just get this weird feeling Ford used this Bronco launch to test a new goto market approach with their dealers and I am not sure it is working very well.LMAO, and you all seem to forget about the punishments put in place for said fuckery.
All dealers will be required to maintain an 80% name match from converted reservation to final sale on all 21MY Broncos delivered from June 2021 ā December 2021.
Ford will monitor each sale and take a snapshot at the end of each month, considering the prior 3 months of Bronco sales
A minimum of 5 Bronco sales must be met for the dealer to be evaluated. Prior to 5 sales, the dealer will auto qualify
Violation Penalty
A first violation will result in a warning
If a dealer does not meet the standard for a second period, Bronco allocation will be forfeited for 1 month
If a dealer does not meet the standard for two consecutive periods, Bronco allocation will be forfeited for 3 months
Keep in mind, if they do it 20 times and for checks in on what exactly is going on.....what exactly do you think could happen? The possibilities are endless.
... after giving my dealer $1000 deposit...
My brother saw that one in person then called me with the "you should have got a 2 door" nonsense.
I saw that one as well. They let me take a short test drive. Drives like a dream. Has a 2.7 liter. Very "torquey" Quieter than I though it would be. The Dealer said that the vehicle cannot be sold for 7 months.I saw this at a Ford Dealership in Glenview IL
Did a lot of other people have to lay down a deposit with their dealer? I only had to pay the $100 res fee to Ford. Dealer didnāt ask for anything else and told me they donāt do mark-ups, signed my order sheet with the price on it. Did I just find a unicorn?Iām wondering why more people arent screaming mad at this. I know I am very frustrated. First customers with orders get trucks. Iām checking my email every day after giving my dealer $1000 deposit for word on my build and someone can just walk in off the street because they saw something nice and buy it !! itās frustrating to say the least.
Well, they are doing it so... let us just monitor these "penalties". I'll bet we will see a few hundred thousand extra cheddars in the dealer's bank account, and nothing else.LMAO, and you all seem to forget about the punishments put in place for said fuckery.
All dealers will be required to maintain an 80% name match from converted reservation to final sale on all 21MY Broncos delivered from June 2021 ā December 2021.
Ford will monitor each sale and take a snapshot at the end of each month, considering the prior 3 months of Bronco sales
A minimum of 5 Bronco sales must be met for the dealer to be evaluated. Prior to 5 sales, the dealer will auto qualify
Violation Penalty
A first violation will result in a warning
If a dealer does not meet the standard for a second period, Bronco allocation will be forfeited for 1 month
If a dealer does not meet the standard for two consecutive periods, Bronco allocation will be forfeited for 3 months
Keep in mind, if they do it 20 times and ford checks in on what exactly is going on.....what exactly do you think could happen? The possibilities are endless.
While the different deals will run the gambit between the $2000 under invoice and the $10k over sticker, with permutations of deposits from zero (if swapped dealer) to $7500, at a totally unscientific guess, maybe 2/3 have refundable deposits over the $100 with about half at MSRP, 40% over due to current stock levels of anything, and 10% under sticker. Do you have a unicorn deal? Not hardly, maybe slightly better than average due to not having cash tied up in a deposit. It seems a fair deal though.Did a lot of other people have to lay down a deposit with their dealer? I only had to pay the $100 res fee to Ford. Dealer didnāt ask for anything else and told me they donāt do mark-ups, signed my order sheet with the price on it. Did I just find a unicorn?
I had an additional $500 deposit along with the $100 res fee. Not a big deal, I think it was just their standard operating procedure for all customer orders.Did a lot of other people have to lay down a deposit with their dealer? I only had to pay the $100 res fee to Ford. Dealer didnāt ask for anything else and told me they donāt do mark-ups, signed my order sheet with the price on it. Did I just find a unicorn?
Most buyers did not have to put any additionalDid a lot of other people have to lay down a deposit with their dealer? I only had to pay the $100 res fee to Ford. Dealer didnāt ask for anything else and told me they donāt do mark-ups, signed my order sheet with the price on it. Did I just find a unicorn?