F250 6.2 V8 vs F150 Ecoboost

[Green Power]

You do as I do. I pay myself $400 per month per vehicle into a "CAR" account. That's $5000 a year per vehicle. That plus my trade or selling my trade always puts me in a position to buy with cash.

Chris

You must of learned from Dave Ramsey.

 

[Diamondpilot]

You must of learned from Dave Ramsey.

Nope. I bought my first 15 or so vehicles the other way. I got ahead on a few and just keep saving my money then in 2008 I was able to buy my 1st one cash. It was a fully loaded $45,000 truck. Since then I have bought 3 more this way.

Guess I just got smart.

Chris

 

[TomSeller]

Nope. I bought my first 15 or so vehicles the other way. I got ahead on a few and just keep saving my money then in 2008 I was able to buy my 1st one cash. It was a fully loaded $45,000 truck. Since then I have bought 3 more this way.

Guess I just got smart.

Chris

I do similar. Sometimes I finance for a few months if that gives me a better deal at time of purchase, then pay it off before the interest undoes the benefit. I don't like vehicle payments.

 

[check]

It starts!

 

[tcartwri]

I took out financing on my last truck just to get an additional rebate. Paid it off after the 60 day minimum period. I have a separate savings account for vehicle purchases and don't buy until I have the cash. I buy a brand new vehicle every 5 years.

Exactly what I did with the latest. Big big difference in the salesmans attitude after I told him that.

 

[CJONE]

I disagree. If you want to work down from MSRP then go for it. If you think the dealer looses money by selling at the published invoice cost then you don't know the business. I was responding to a post where the gentleman was quoted a price OVER invoice and pointed out that it wasn't a good deal.

Do you believe I was suckered for paying $750 under invoice and kept $6500 in rebates? Did you notice I said that I ordered my truck and didn't buy dealer stock?

There is a big difference between window sticker MSRP and dealer invoice. No dealer wants to sell at their invoice unless the MFG. gives them incentives and holdbacks. X plan is I believe $400 over dealer cost. My last new truck was purchased with this plan.

 

[94BULLITT]

Invoice is not what the dealers pay. A car dealer here even said that at the end of their radio commercial. The dealers get back end money. I'm not sure exactly how it works. I think they have incentives to sell different vehicles like sell X amount of trucks you will get X amount from the manufacturer. The larger dealers usually have better prices because they can sell more and get more back end money. I had a guy that worked at a dealership explain to me about the back end money a little one time. Most people will not discuss it. I think they take an oath that they will not talk about back end money before they can become a salesman I had a dealer tell me if he got a truck off another lot he would loose his back end money and the price would be higher than trucks on his lot.

 

[deere5105]

Update...we are "apart" on the final numbers. Looking at other options now. Thanks again for the helpful tips and what has worked for you guys. It helps to not jump on something that could get better.

 

[RollingsFarms]

Update...we are "apart" on the final numbers. Looking at other options now. Thanks again for the helpful tips and what has worked for you guys. It helps to not jump on something that could get better.

If the numbers aren't right they just aren't right. Dealers will begin wanting to deal here very soon, they seem to go into hibernation in January and Fedruary and half of March for whatever reason.

 

[foreman Etexas]

I think most large dealers list the vehicle below invoice. I know a guy that can get some kind of special pricing on GM's. His daughter was going to buy a Cruze. They went to the local dealer and his special pricing was more than what they sold for normally.

Yeah we have the X plan and the last guy that went bought new ford said if I was ever going to get a new truck don't even mention it waste time,go with all the other discounts they are offering to get the better deal

 

[CJONE]

Invoice is not what the dealers pay. A car dealer here even said that at the end of their radio commercial. The dealers get back end money. I'm not sure exactly how it works. I think they have incentives to sell different vehicles like sell X amount of trucks you will get X amount from the manufacturer. The larger dealers usually have better prices because they can sell more and get more back end money. I had a guy that worked at a dealership explain to me about the back end money a little one time. Most people will not discuss it. I think they take an oath that they will not talk about back end money before they can become a salesman I had a dealer tell me if he got a truck off another lot he would loose his back end money and the price would be higher than trucks on his lot.

That is why I said incentives and holdbacks. If you were a manufacturer and one dealership sold 2 million and another sold 150 million, which one would you support the most? CJ

 

[deere5105]

That is why I said incentives and holdbacks. If you were a manufacturer and one dealership sold 2 million and another sold 150 million, which one would you support the most? CJ

Pretty simple illustration right there!

As I dig a little deeper in the numbers, if the initial sticker price is what is used when describing how much off you are, looks like am in the neighborhood of $12,500 off and I countered with $13,000 off. They were too low on my trade, in my opinion, as they offered $7000, but told me if I had a "fresh service", new tires and a "professional" detail they could go $9000. My response was for the $13,000 off sticker and $9500 for my trade. Explained that it was 500 miles till time for service as it has been serviced at 3000 miles religiously and that the tires were not to the wear bars yet. I sent this picture as lack of understanding about the detail. Looks like is beading up pretty good to me in yesterdays rain. Am looking into another possible deal in case this one doesn't come together. I am satisfied with the price on their truck, but don't want to take a beating on my truck. I feel they can get $13K-$14K for it and would be willing to leave that much on the table for convenience. I even sent a link to a truck with higher mileage, less options and worse condition with a higher asking price on their same street.

 

[Diamondpilot]

Just sell your truck yourself.

Chris

 

[deere5105]

Just sell your truck yourself.

Chris

That may be what it comes to. My schedule is pretty busy and without a "spare" vehicle, trying to sale myself is inconvenient, but may be what I have to do.

 

[RollingsFarms]

That's very odd they told you to do all that stuff to the truck and they'd give you $2000 more for it. I like how you held firm on the price you want for your truck and how much you want off the new one. If they want to sink that kinda money into your truck then that's on them if they end up getting it. They need to keep the lights on, but that ain't your problem.

 

[CJONE]

Pretty simple illustration right there!

As I dig a little deeper in the numbers, if the initial sticker price is what is used when describing how much off you are, looks like am in the neighborhood of $12,500 off and I countered with $13,000 off. They were too low on my trade, in my opinion, as they offered $7000, but told me if I had a "fresh service", new tires and a "professional" detail they could go $9000. My response was for the $13,000 off sticker and $9500 for my trade. Explained that it was 500 miles till time for service as it has been serviced at 3000 miles religiously and that the tires were not to the wear bars yet. I sent this picture as lack of understanding about the detail. Looks like is beading up pretty good to me in yesterdays rain. Am looking into another possible deal in case this one doesn't come together. I am satisfied with the price on their truck, but don't want to take a beating on my truck. I feel they can get $13K-$14K for it and would be willing to leave that much on the table for convenience. I even sent a link to a truck with higher mileage, less options and worse condition with a higher asking price on their same street.

View attachment 414617

It is sad, but true. I deal in hydraulic sales and quite a few of our suppliers [most in fact] set you up per annual sales. The more you move the better discounts you get. It is just a fact in the sales world. CJ

 

[KennyG]

It starts!



View attachment 414148

Yeah, but how much is that in real dollars? :laughing:

Sorry, but I spend time in Canada and still do a double take when I see a low lease or payment price and then realize it's weekly.

 

[TheGoose]

IMO you're giving away thousands when you trade a nice vehicle in. My last truck only was bringing $6k on trade offers and I sold it for $10k cash. That's $4k extra to deal with tire kickers and low ballers. Its work but worth it.

 

[tcartwri]

I don't know what its like in the States, but here you don't pay sales tax on the value of your trade, so it can be a wash as to whether you sell it privately or use it as a trade.

 

[handirifle]

I don't know what its like in the States, but here you don't pay sales tax on the value of your trade, so it can be a wash as to whether you sell it privately or use it as a trade.

Can't vouch for all states, but in CA, the BUYER pays the sales tax, not the seller. So if I trade in a vehicle, the dealership has to deal with it. If I sell it myself, the new buyer is responsible for all taxes and registration costs.