gobluejd
HAIL!!!
So I met with my dealer last week (he is the manager). Got everything squared away. This was my original deal:
No ADM pay full price MRSP. Day I ordered truck (6/18/21). I had choice of either of his 2 allocations, one of which was a 37 Performance. I of course got the 37. He said if I owner wants ADM it would be anything more than $5k. He said if it is, I will split with you, so for me worst case it was $2500, but wasn’t sure if he would want the ADM.
I lease a 2019 F150 Lariat. Told him I didn’t care what he made on my trade as long as I can walk away free and clear. This is my 10th car I bought/leased from him for myself, wife and son.
When I ordered the Raptor I had at the time 8 payments left @ $575 a month ($4600 in payments). Can buyout lease AT END for $37k and change. At the time the truck was worth about $43k (trade in in June). So it would simply be a wash for me and him making about ~$2k or more on the trade. Remember as long as I walk away I was ok. He agreed. He would buy truck from me and pay off remaining balance. I’d buy the Raptor @ $90k with taxes.
Last Friday we met, I was nervous. I walked in and he gave me that look. He said listen, you know these trucks are going for $15-$20k over MRSP. My heart sunk. My wife is pissed I am already spending $90k and for ***** sake not including all the ******** I will end up buying over the next few months - god bless her) but now I have to tell her another $15k. I did not want to have that convo with her. I agreed I have heard that is what they are going for and he said the owner wants $5k in cash, but said the value of my F150 has gone up and will give me another $2k and if I include my Bak Rolling cover on it, another $500 (2 yrs old and in mint condition). Plus any payments you have to make back before the transaction.
So in the end, I have to admit, although all along I have been saying I am not paying ADM. I am in fact paying $2500 ADM.
I AM FINE WITH IT AND CONSIDER MYSELF LUCKY.
I will probably have the only 37 Package in NW Indiana for some time.
No ADM pay full price MRSP. Day I ordered truck (6/18/21). I had choice of either of his 2 allocations, one of which was a 37 Performance. I of course got the 37. He said if I owner wants ADM it would be anything more than $5k. He said if it is, I will split with you, so for me worst case it was $2500, but wasn’t sure if he would want the ADM.
I lease a 2019 F150 Lariat. Told him I didn’t care what he made on my trade as long as I can walk away free and clear. This is my 10th car I bought/leased from him for myself, wife and son.
When I ordered the Raptor I had at the time 8 payments left @ $575 a month ($4600 in payments). Can buyout lease AT END for $37k and change. At the time the truck was worth about $43k (trade in in June). So it would simply be a wash for me and him making about ~$2k or more on the trade. Remember as long as I walk away I was ok. He agreed. He would buy truck from me and pay off remaining balance. I’d buy the Raptor @ $90k with taxes.
Last Friday we met, I was nervous. I walked in and he gave me that look. He said listen, you know these trucks are going for $15-$20k over MRSP. My heart sunk. My wife is pissed I am already spending $90k and for ***** sake not including all the ******** I will end up buying over the next few months - god bless her) but now I have to tell her another $15k. I did not want to have that convo with her. I agreed I have heard that is what they are going for and he said the owner wants $5k in cash, but said the value of my F150 has gone up and will give me another $2k and if I include my Bak Rolling cover on it, another $500 (2 yrs old and in mint condition). Plus any payments you have to make back before the transaction.
So in the end, I have to admit, although all along I have been saying I am not paying ADM. I am in fact paying $2500 ADM.
I AM FINE WITH IT AND CONSIDER MYSELF LUCKY.
I will probably have the only 37 Package in NW Indiana for some time.
