And you know this because.........? you just might happen to work in the payroll department at Ford???

 

Well, I've been trying to buy a King Ranch for almost a year now. I had a target price I was willing to pay, which was about $10k less than sticker. Everyone laughed at me. I kept trying, e-mailing dealierships every two or three months, and the price did keep dropping, but nowhere near my target price. Then Ford threw in employee pricing AND a $3k rebate on an '05. Wham! My target price. I jumped and didn't haggle one bit. Why? It was the price and the truck I had been trying so hard to get for so long.

Now, I bought this from a friend, who operates as somewhat of an independant dealer in Colorado Springs (he technically is an "employee" of a couple of different dealerships out of Nebraska). So, had I been sitting across from some punk kid in a cheap suit that I'd never see again once I left the lot, I might have been tempted to put the screws to him and try to shave a few hundred more bucks off. As it was, I was thrilled to be finally buying the truck of my dreams at the price I set out to get back in something like December!

I think it's tempting to feel like a fool to pay the first price to be offered. But in this case, I think the employee pricing is pretty true and the rebates are great, so what's wrong with it? Years ago, I worked for a company owed by Chrysler (we were a defense contracting firm - it's a wierd story). I bought my wife a nice little Sahara Wrangler on employee pricing. The deal I just got on this Ford, in terms of percentage off the sticker, was better than the deal I got on the Jeep - as an actual employee.

That's my story, anyway.

 

Sou

 

It might of not been 900s but it was in the high 800s but rather the point was I was trying to make is they cheated us about 200 points of what our Beacon really was and that makes a big difference.

 

Of course it does...

Lower score means higher interest...

 

im a loan officer and pull credit all day long, i looked it up and 850 is the highest possible fico.

 

Were you ever able to pull that Oasis for me?

 

I just re-fied my house for an add-on and my FICO score came out at 830. They said It was so low because I carried too big of balances on my credit card and one of my accounts had been opened too recently. Anyway... my Lariat MSRP's at $37,125 and After $3,500 in rebates (AQHA and Home Depot) added to the factory $2500 and my final price was something like 27,500. I had a trade in that they offered $18,000 on even though they were going to advertise that for $28,000 (which they ended up doing and sold it for $26,000 by the way) I told them I wouldn't haggle the price of the new truck as long as they bought my trade-in for $23,000. They agreed and so I wrote a check for $7,000. Not a bad deal. Of course this took 6 months from beginning to end and 3 tough days in July.

 

booyah!!!!

everything they make on weak negotiators is pure gravy. Any sound business model would price in a profit at the lowest possible denominator.

I bought two cars last year both $100 below invoice. Where does INVOICE price come from? Does Edmunds call up Ford and they just spill the beans on the final price paid by the dealer to Ford? Just because they tell everybody who tries to negotiate "were loosing money" does that make it true? If a dealer was to take a loss on anything, he would not stay in business long.

Sorry to rant but understand these fine folks are masters of their game. It bugs me when anyone gives one inch of sympathy for a system that offers little if none to its customers.

The only good thing about the FP is it lowers my intake of pepto bismol.

 

whoever told you that 830 is low is a freaking idiot. i have been pulling credit for loans for a long long time, and i have never seen a score above 820. so if your score is really a 830, kudos to you because that is nearly impossible, and a great score!

 

Yes, but it is no different than the last one. Maybe Quintin can help.

 

So has anyone bought a truck with the Family Price and the $3000 and negotiated a lower price?

 

I was wondering the same thing.

 

Sorry my sarcasm didn't come through in my post about my credit score... It is a nice thing to have such a high score. It has helped in many cases.

 

I found this site discussing credit score and ranges. Interesting stuff: Ps.....I got my truck from an AD in the paper MSRP was $30,585.00 I paid about $22000. No negotiating except finance with some a$$hole---they always are---but I got it and my rebate all pre-family pricing. Now the truck would still sell for about $24000. So I feel that I got a fair deal, and everytime I look at the debt to street value ratio, I smirk a little.