[shaffe]

Originally Posted by BlaqWhole

ADM is NOT a reflection of market demand. Did the dealerships go out and do studies or surveys to determine exactly how much that vehicle is worth? No. They tacked on anywhere between $5000 and $20,000. Some people paid it, some didn't, some cars moved, others sat until ADMs were dropped. Therefore it is not a reflection of market demand. It is the dealership trying to get someone to pay them extra money which goes to one place, the dealership's pocket. Any ADM you pay is all profit for the dealership.

I agree and disagree a bit. I would say it can show demand for the first cars trickling out, but after that it is just greedy dealers.

Originally Posted by BlaqWhole

Incidentally, the ZR1s are also attracting ADMs. The dealership where I bought my ZL1 from had a ZR1 with a $10K markup. The person who bought it talked them down to $5K. Now I don't think that is a bad deal, I still would not give the dealership any extra money. But maybe I would...for a ZR1. I don't know. But it would have to be a hell of a car for me to pay ADMs.

I don't know if I would ever pay a mark up on a vehicle, but if I had the money to where I could buy a 120K car I don't think an extra 5k would bug me haha

and on the 18 Mustang since that is the topic at hand.

Cars.com tested a PP1 (auto) vs a PP2.

The PP2 was 4.5 seconds faster around Gingerman than the PP1. (1:49.3 for the PP1, 1:44.9 for the PP2) they also ran them through the 1/4 got the PP1 to go 12.2 and they had an embarrassingly bad 13.3 for the PP2 before they got rained out.

[torqueaddict]

Originally Posted by shaffe

I agree and disagree a bit. I would say it can show demand for the first cars trickling out, but after that it is just greedy dealers.




I don't know if I would ever pay a mark up on a vehicle, but if I had the money to where I could buy a 120K car I don't think an extra 5k would bug me haha

and on the 18 Mustang since that is the topic at hand.

Cars.com tested a PP1 (auto) vs a PP2.

The PP2 was 4.5 seconds faster around Gingerman than the PP1. (1:49.3 for the PP1, 1:44.9 for the PP2) they also ran them through the 1/4 got the PP1 to go 12.2 and they had an embarrassingly bad 13.3 for the PP2 before they got rained out.

If I had 120K to spend on a car, a Mustang would be last thing on my mind. I'd pull up in a ZR1.

They need to put the PP2 up against the real competition.

[germanicus]

Originally Posted by BlaqWhole

ADM is NOT a reflection of market demand. Did the dealerships go out and do studies or surveys to determine exactly how much that vehicle is worth? No. They tacked on anywhere between $5000 and $20,000. Some people paid it, some didn't, some cars moved, others sat until ADMs were dropped. Therefore it is not a reflection of market demand. It is the dealership trying to get someone to pay them extra money which goes to one place, the dealership's pocket. Any ADM you pay is all profit for the dealership.

There are consumers who pay the ADM. They believe that the vehicle is worth paying the ADM to acquire the product. Those consumers are therefore part of 'the market' simply because they are willing to pay that amount, and follow through with the sale. Is everyone in the market for a Bullitt willing to pay the ADM? Probably not. Only the dealers know. It's not rocket science. Limited supply, high demand. Set a price, see if people pay it. If not, drop the price. This is basic supply and demand.

People may scoff, mock, and laugh at those who pay higher ADM. But - why would you care? You realize that most share that exact same derision for people who buy Pony cars in general (paying for a vehicle with higher performance metrics, which one will likely never need to meet the basic function of transportation - travel A to B). For those with emotional attachments to their vehicles, they look beyond the 'rational'.

I did not pay an ADM for my vehicle (I got a PP GT for mid 32k including taxes/fees), but if I truly coveted a product, I would pay whatever value I thought it was worth. I do for guitars.

A friend of mine is thinking of getting a new 911 Turbo for north of $160,000. It makes the ADM on the Bullitt look trivial (I understand how good the 911 is, but from my perspective it aint worth that money- to him it is).

[shaffe]

Originally Posted by torqueaddict

If I had 120K to spend on a car, a Mustang would be last thing on my mind. I'd pull up in a ZR1.

They need to put the PP2 up against the real competition.

I was referring to the ZR-1, thats why I quoted Blaq talking about his local dealer putting mark ups on ZR-1s.

[newmoon]

The easy answer is don't pay ADM, and don't pay MSRP. Just sit back and wait for that initial high demand to fade off, better yet buy the vehicle used letting the original owner to take the financial beating.

But hey if you have to have the vehicle now and don't mind the coming financial beating, go for it.

[torqueaddict]

Originally Posted by shaffe

I was referring to the ZR-1, thats why I quoted Blaq talking about his local dealer putting mark ups on ZR-1s.

Ah, my bad. Didn't pay attention.

[BlaqWhole]

Originally Posted by shaffe

I agree and disagree a bit. I would say it can show demand for the first cars trickling out, but after that it is just greedy dealers.




I don't know if I would ever pay a mark up on a vehicle, but if I had the money to where I could buy a 120K car I don't think an extra 5k would bug me haha

and on the 18 Mustang since that is the topic at hand.

Cars.com tested a PP1 (auto) vs a PP2.

The PP2 was 4.5 seconds faster around Gingerman than the PP1. (1:49.3 for the PP1, 1:44.9 for the PP2) they also ran them through the 1/4 got the PP1 to go 12.2 and they had an embarrassingly bad 13.3 for the PP2 before they got rained out.

Well it looks like the PP2 is doing it's thing then, lol!! You'll be happy to know that I might be driving home a used 2018 base GT tonight! I saw one about 40 miles away with 18K miles and a low price. I just might go take a look at it and I just might drive it home. SMH...don't you dare say a thing about it!!!! LOL!!

Originally Posted by germanicus

There are consumers who pay the ADM. They believe that the vehicle is worth paying the ADM to acquire the product. Those consumers are therefore part of 'the market' simply because they are willing to pay that amount, and follow through with the sale. Is everyone in the market for a Bullitt willing to pay the ADM? Probably not. Only the dealers know. It's not rocket science. Limited supply, high demand. Set a price, see if people pay it. If not, drop the price. This is basic supply and demand.

People may scoff, mock, and laugh at those who pay higher ADM. But - why would you care? You realize that most share that exact same derision for people who buy Pony cars in general (paying for a vehicle with higher performance metrics, which one will likely never need to meet the basic function of transportation - travel A to B). For those with emotional attachments to their vehicles, they look beyond the 'rational'.

I did not pay an ADM for my vehicle (I got a PP GT for mid 32k including taxes/fees), but if I truly coveted a product, I would pay whatever value I thought it was worth. I do for guitars.

A friend of mine is thinking of getting a new 911 Turbo for north of $160,000. It makes the ADM on the Bullitt look trivial (I understand how good the 911 is, but from my perspective it aint worth that money- to him it is).

Yea in a way you are right. Because I would pay $5K (probably) for a ZR1. That's because I determined that it is worth the price for me. So who am I to say what someone else determines is right for them...or what someone else is willing to pay. In a way, I DID pay an ADM of sorts. I got my S550 GT for $40K and then a year later it was worth slightly over $20K on a trade in. So really, either way you're gonna pay something.

[shaffe]

Originally Posted by BlaqWhole

Well it looks like the PP2 is doing it's thing then, lol!! You'll be happy to know that I might be driving home a used 2018 base GT tonight! I saw one about 40 miles away with 18K miles and a low price. I just might go take a look at it and I just might drive it home. SMH...don't you dare say a thing about it!!!! LOL!!

.

In other Bullitt news, another local dealer has a Bullitt. Advertising it on their website for 2500 below MSRP

[BlaqWhole]

Originally Posted by shaffe

In other Bullitt news, another local dealer has a Bullitt. Advertising it on their website for 2500 below MSRP

LOL, which dealership??

[shaffe]

Fair Oaks Ford.

https://www.fairoaksford.com/invento...-Naperville-IL

[FastCarFanBoy]

Originally Posted by BlaqWhole

Well it looks like the PP2 is doing it's thing then, lol!! You'll be happy to know that I might be driving home a used 2018 base GT tonight! I saw one about 40 miles away with 18K miles and a low price. I just might go take a look at it and I just might drive it home. SMH...don't you dare say a thing about it!!!! LOL!!

If you drive home in a base 2018 GT i'm pretty sure there will be some sort of destabilization of the space-time continuum. Be careful.

[oldman]

Originally Posted by BlaqWhole

. But it would have to be a hell of a car for me to pay ADMs.

amen to that hence no 350 here.... At some point, I'd just buy it second hand...

[oldman]

Originally Posted by shaffe

In other Bullitt news, another local dealer has a Bullitt. Advertising it on their website for 2500 below MSRP

The dude(s) that just rolled one for 10K over gotta be sick..

[BlaqWhole]

Originally Posted by FastCarFanBoy

If you drive home in a base 2018 GT i'm pretty sure there will be some sort of destabilization of the space-time continuum. Be careful.

I owe you a 30-pack of beer for that comment!!