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SportTrac Discussion
General Sport Trac Discussion
Ford Financing Question
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<blockquote data-quote="Carey Frennier" data-source="post: 915438" data-attributes="member: 66764"><p>I sold LM for 3 years. Our dealership recently switched to Kia.</p><p></p><p></p><p></p><p>We used to have "Order Protection" Basically it guaranteed you the programs from the order date or better. </p><p></p><p></p><p></p><p>I would not buy the demo if they will not discount it. The warranty start date on a true demo was 2500 miles ago. A "Demo" is a new car that was put into service for a dealership. That usually means that the warranty clock is "ticking." This is not always the case.</p><p></p><p></p><p></p><p>The other problem with paying sticker for a "Demo" with 2500 is that the car will depreciate more than one with typical new car mileage. 2500 is significant. That should be worth thousands in discount. If it were my dealership demo with 2500 miles on it, I would sell it below or at invoice to get rid of it. Edmunds.com has a great breakdown and an accurate take on dealer invoice. </p><p></p><p></p><p></p><p>Even under invoice it's a good deal for them because of their dealer hold back. You can bet that if they have an aggressive program like 0% for 72m for T1-T2 Fico...they've got at least $1000 in dealercash.</p></blockquote><p></p>
[QUOTE="Carey Frennier, post: 915438, member: 66764"] I sold LM for 3 years. Our dealership recently switched to Kia. We used to have "Order Protection" Basically it guaranteed you the programs from the order date or better. I would not buy the demo if they will not discount it. The warranty start date on a true demo was 2500 miles ago. A "Demo" is a new car that was put into service for a dealership. That usually means that the warranty clock is "ticking." This is not always the case. The other problem with paying sticker for a "Demo" with 2500 is that the car will depreciate more than one with typical new car mileage. 2500 is significant. That should be worth thousands in discount. If it were my dealership demo with 2500 miles on it, I would sell it below or at invoice to get rid of it. Edmunds.com has a great breakdown and an accurate take on dealer invoice. Even under invoice it's a good deal for them because of their dealer hold back. You can bet that if they have an aggressive program like 0% for 72m for T1-T2 Fico...they've got at least $1000 in dealercash. [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Ford Financing Question
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