15k ADM Markup 🤑

[nunezx]

Just got off the phone with villa ford of orange,ca. they are asking 43k for an xlt fx4 with floor liners 28k msrp.

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[jbpoole]

Just got off the phone with villa ford of orange,ca. they are asking 43k for an xlt fx4 with floor liners 28k msrp.

If they'd be willing to throw in a Villa Ford ballpoint pen, I'm a buyer!

 

[Guido]

He's not really trying to sell it. It's more he's trying to keep it on his lot as a demo. Of course, if you're desperate enough to pay that much, he'll part with it.

 

[Mymaverick2021]

Actually, many countries regulate the prices for certain goods. And it even happens in the United States. In most States utilities such as gas and electric are regulated as is interstate trucking All states, most counties and cities have rules, regulations and ordinances about price gouging. There are two discussions occurring. One is about the dealer who jumps through the hoops and risks the money to have floor stock (inventory) who takes advantage of the supply and demand and adds ADM. People are seeing the sticker with the ADM on it and complaining. No one is forcing these people to buy the truck from that dealer. Then there are dealers trying to add ADM when they've done nothing more than facilitate the paperwork on the order from Ford. There's an offshoot of those dealers who do this intentionally to try to get people to walk away from their order so the dealer can basically steal that order and put it out on the floor at no risk. As a capitalist and a free market economy type person I understand that's the way the game's played and I choose not to support dealers who try to screw people over. The dealers trying to screw people over by stealing orders, or doing a shakedown, they need to be punished. Note I said try to screw people over, I did not say make a reasonable profit. I'm all for company making reasonable earned profits. The drum I'm beating is about the dealers who do nothing more than the paperwork where the vehicle is basically ordered online through Ford. You show up with the dealer to sign a couple pieces of paper and then wait the 12 to 15 years to get your Maverick built. The dealer has done nothing other than basic paperwork and they'll still make a profit facilitating the paperwork. Even the dealers selling at a discount below MSRP and there's a couple that are well known, they're still making a profit. But to order a vehicle through Ford and be required to go to the dealership to finalize the paperwork and waiting forever to finally have the vehicle built and as soon as it arrives the dealer trying to attach an ADM on it is complete BS. That is not fair profit that is nothing but out and out trying to screw people over and take an unfair advantage of a situation. It's basically a shakedown. Again, when the dealer is willing to put out their own money take the risk and floor product, put cars on the lot, they certainly should be allowed to charge whatever they can get the market to bear. It may be short-term gains for long-term grief as in people are getting tired of the dealer system, it is still their right as a business to set prices as they wish. However, when the dealer takes no risk and they've done nothing but the paperwork required to facilitate the order, attempting to add ADM is BS and a shakedown.

Chevy says they will cut dealers Allocations if they Do any ADM on the new Silverado EV, FORD should take a page from Chevy as to ADM from their dealers

 

[pezzuolo1]

Chevy says they will cut dealers Allocations if they Do any ADM on the new Silverado EV, FORD should take a page from Chevy as to ADM from their dealers

I believe Ford is doing that.. they actually have a quota to meet as to retail buyers( 80 or 85%) and have to explain to Ford why the buyer didn't pick it up. A phone call to Ford seems to be helping some. I'll do it right there if they pull that crap on me..
And yes they do take away allocations for not meeting expectations.

 

[SnyperX]

Good for that dealership. Make as much money as the market will allow. They aren't forcing anyone to pay for that vehicle. Not a single person.

As soon as the market is back to normal and they can't do this kind of stuff they will come back to being competitive and nobody will remember this event.

If you are against ADM's, you also shouldn't sell your used car for the inflated values out there right now.

Found that guy that either works for a dealer or is a rep for state dealers......

 

[huunvubu]

Chevy says they will cut dealers Allocations if they Do any ADM on the new Silverado EV, FORD should take a page from Chevy as to ADM from their dealers

Ford is already doing that for the F-150 Lightning. I expect they will do the same for the MY2023 Maverick.

 

[FriscoTXJoe]

Found that guy that either works for a dealer or is a rep for state dealers......

1,000% wrong

Found that guy that either works for a dealer or is a rep for state dealers......

1000% wrong, incorrect and juvenile.

If you believe the free market entitles this foolish type of behavior , I got a few trucks to sell you.

Prove me wrong.

 

[loonie]

I have no issue with ADM per se. I'm a capitalist sell it for what the market will bear. My complaint comes in like most of us on this site has ordered theirs through Ford and basically the dealer has done nothing more than the paperwork. The dealer is not paying flooring cost or any of the stuff required to have inventory. Your wait the 12 or 15 years it takes to get your Maverick built, and then the dealer tries to throw the ADM on when your truck finally arrives. And that is BS. I think in some cases dealers are intentionally doing that to try to get people to walk away from their order so the dealer will end up with the inventory basically floored for free. And yes that kind of crap needs to be cracked down on. There is a difference between fair market capitalism and screwing people over. Show me another situation where a person can order a product at an agreed upon price and when it's time to go pick up that product the seller goes oh by the way we're attaching another x amount percentage on top of the agreed upon price and if you don't like it go order another one and wait another 12 or 15 years to get it.

Never paid ADM in 50 years and if they try it now I will NEVER EVER buy another Ford

 

[TheGriffin1313]

CAPITALISM in 3 words - supply and demand.

When the big 3 and now 5 Toyo and VW, collude to keep the status quo it is not Capitalism as it is a Monopoly.
During the covid scam they saw all of their cars go up in written off inventory by the dealers and now a new ara no more sales guys. And as the dealers see the writing on the wall they only do what salespeople do "the market adjustment" to every car.
They are all going to go out of business. The service department is going to be the cash cow moving forward.

Why would GM or FORD or CHr sell anything less than sticker? Makes sense to them get rid of the middleman and sell directly to the consumer. Tesla showed that the big 3 don't need the salesmen any more as the car is selling it self. Add to this the prolonged "supply shortages".

I have a prediction that most small independent dealerships will suffer the most and eventually get rid of the showroom and only have pre ordered cars/trucks. The service departments are going to be the real heros that save dealers from dustbin of history.

And when these big 5 have colluded to keep production low and prices high they have zero incentive to go back to the way things were.

This hold true in every case especially to electronic parts. If digikey was selling a diode for 5 cents pre pandemic and now Mouser and Allied are selling it for 55 cents for example... there is zero incentive to go back to the original price of 5 cents or even 10.
Because just like the others they collude to keep prices high. There are only a few hand full of distributors of electronic pars but thousands if not hundreds of thousands vendors that make the parts.

We only have these few to choose from. I know there are some other smaller players but just like the big 5 or big 3 they have zero incentives to lower prices unless one of them breaks ranks and then and only then can true Capitalism be referenced if not its just all a form of fascism.

Back in the old USofA there is this part of the government FTC that used to monitor this activity and issue fines for this type of behavior. But this department "Federal Trade Commision" last successful effort was to breakup Microsoft over Explorer preloaded on pcs they sold. Bill Gates saw the writing on the wall and as a wise man (not virtuous for sure) there I say capitalized on this situation and spent millions lobbing that agency to look the other way and they have. IE google amazon faceplant....

Can you believe this this was the last time that department actually did their job!!!! We don't need new laws we need to enforce existing laws.

 

[jbpoole]

Never paid ADM in 50 years and if they try it now I will NEVER EVER buy another Ford

Keep in mind that it's not Ford Motor Company charging the ADM, it's local dealers. I would think that other dealers selling different brands are doing it as well.

 

[Donald Baker]

Don't feel to bad. My dealer in Tucson had a Larite in stock since the buyer got tired of waiting and bought something else. It habut close enough to everything that I wanted , almost, so I bought it. It went from 36 to 55. I normanly would have walked away but since I will be 88 in a couple of weeks, I didn't think I could wat till the end of next year for a truck. They stuck it to me! My trade in was 18,500 And they have it listed for 30,000! Got me twice! Just a reminder to never buy or sell from, to them again!

 

[SnyperX]

1,000% wrong

1000% wrong, incorrect and juvenile.

If you believe the free market entitles this foolish type of behavior , I got a few trucks to sell you.

Prove me wrong.

I do believe the "free market" is joke at times.

 

[oneinch]

Good for that dealership. Make as much money as the market will allow. They aren't forcing anyone to pay for that vehicle. Not a single person.

As soon as the market is back to normal and they can't do this kind of stuff they will come back to being competitive and nobody will remember this event.

If you are against ADM's, you also shouldn't sell your used car for the inflated values out there right now.

I disagree. ADM is bad business. Also, a person can "mark up" there used car all they want. It isn't the same thing at all. Apples and oranges. The used market has no MSRP.

 

[FriscoTXJoe]

I disagree. ADM is bad business. Also, a person can "mark up" there used car all they want. It isn't the same thing at all. Apples and oranges. The used market has no MSRP.

Whether it is "bad business" is solely your (or anyone's ) judgement. These dealers are doing what they think needs to be done to stay profitable enough to stay in business. Nobody forces you to buy a new car from them.

The used car market has KBB and other tools to judge the value of a car. Might not be called MSRP but it's sure as hell there. You just may not know of it.

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