Discussion in 'Ford F-150 Raptor General Discussions [GEN 2]' started by 03'Darin, Aug 10, 2018.
I thought I had the highest mileage 2018 at 21K miles lol.
Don’t get me wrong. I appreciate honest straight people to work with! Looking forward of hearing the sale price.
absolute RIP off. 2 wrecks and high mileage and then self admittedly screwing some one for 84 months on a used truck, to try and keep payments down. I can appreciate the honesty but give me a break. This is why folks dont like car salesman. Who ever buys that will never get there money back on trade in, let alone that person will get screwed even more by getting pressured into buying aftermarket warranty. Also if all they care about is monthly payments then you will probably rack em for 10-15% on the loan. no thanks
The truck is worth whatever somebody is willing to pay for it.
If the truck sits on his lot for 6 months then the price is wrong.
If it sells next week then the price is right.
Time will tell but until then I think we should stop criticizing his asking price. Besides keeping the resale high on these trucks is in all of our best interests.
Folks, if you need to finance a car for 7 years in order to bring it home, walk away and buy something within your means. Especially on a truck that’s being driven over 50k miles a year and has two wrecks already.
Maybe you should try learning comprehension when you read something.....
I simply posted an example of what $10k difference in price reflects on a long term payment. Reality in this world is most people spend beyond their means. So yes a lot of people finance 6, 7 and even up to 10 years. That's not something we as a dealer even like to see. Someone that finances that long won't get out of the vehicle for quite some time. So it doesn't do anyone any favors. Early on in my career I lost deals because I tried steering customers to something more affordable for them. I quickly realized that they will buy what they want to buy and finance it for as long as they can.
Oh yeah and if someone is paying 10 - 15% interest.... its' because that's what their credit score dictates. NOBODY in this world today that has good credit is stupid enough to sign paperwork at that rate.
The owner that had the vehicle financed didn't finance 7 years. See above reply regarding the 7 year monthly payment reference.
A friend of mine sales cars and he tells me stories that is even hard to believe, and he says it happens more so than not, lol. People will come in, not have a down payment, like a car, will not haggle price, get the longest term possible they can get approved, finance all taxes/fees/license, etc., sign the papers, and walk out as happy as they can be. He says they look around at each other like "Did that even happen?" lol
Being in the industry I've heard most of those stories. All depends on the dealership though. Some dealerships look at each opportunity as their only shot with that customer so they "swing for the fences". Their approach is that they'll get everything they can because who knows if they'll sell them again.
Not the case where I work. I work for a dealership that's still owned in the same family that started it in 1935. One of the owners is here pretty much every day. We are in a small town and have to write deals that make people happy and keep them coming back. We live off of repeat and referral business. Don't get me wrong we make money, but we are very fair with our deals.
10 years?! Though, to be fair, if they offered 10 yr loans at sub 3% then it'd be a good deal. I suspect they are in the 6-10% range though
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