2024 Ranger Raptor ADM Market Adjustment Price = CRAZY

[vauldur]

I guess my dealer is saving that bombshell....but so far no mention, we'll see

Just be careful. Out of all the dealers in my area, the ADMs were 20k, 20k, 10k, 5k, and 5k-10k because they havent decided (So if they ask you what other dealers are doing, DO NOT TELL THEM.) Now with the first place that had told me 20k, they did not intend to lock my price in. One of the key things they told me that made me walk away was that "Pricing could change" whether it was the MSRP from Ford (which I could understand) or the ADM itself if they see an uptick in demand. And yes, custom personal orders are not available, you're actually ordering what the dealer ordered for the lot that they can change. One dealership said they put their orders in at the end of June and can change "their" order this week before the scheduling locks in.

Seriously, I wish I had honest Ford dealers in my area. I did put in a complaint to Ford outlining all my local dealerships. I doubt it will do anything, but if dealers intend to screw me, I respond in kind. I also work in a union at a major truck building factory and word travels fast there, from recommendations to stay away. My paperwork quote spread like wildfire there yesterday.

Sponsored

 

[Richard Conley]

Just be careful. Out of all the dealers in my area, the ADMs were 20k, 20k, 10k, 5k, and 5k-10k because they havent decided (So if they ask you what other dealers are doing, DO NOT TELL THEM.) Now with the first place that had told me 20k, they did not intend to lock my price in. One of the key things they told me that made me walk away was that "Pricing could change" whether it was the MSRP from Ford (which I could understand) or the ADM itself if they see an uptick in demand. And yes, custom personal orders are not available, you're actually ordering what the dealer ordered for the lot that they can change. One dealership said they put their orders in at the end of June and can change "their" order this week before the scheduling locks in.

Seriously, I wish I had honest Ford dealers in my area. I did put in a complaint to Ford outlining all my local dealerships. I doubt it will do anything, but if dealers intend to screw me, I respond in kind. I also work in a union at a major truck building factory and word travels fast there, from recommendations to stay away. My paperwork quote spread like wildfire there yesterday.

Well, I am in a small town of about 6500, I have driven auction pickups and dealer trades for my dealer for 6 years and I hope that helps a little. When it was time to order I talked to the SM and he told me of the three of us that had expressed interest one was offering $5K over MSRP and I said no worries and that I would being paying cash (not sure if they really want you to finance thru Ford ) - how much that will count who knows but word also travels fast in a small town.

 

[Raynger24]

And yes, custom personal orders are not available, you're actually ordering what the dealer ordered for the lot that they can change. One dealership said they put their orders in at the end of June and can change "their" order this week before the scheduling locks in.

Just FYI, dealers were instructed by Ford to change stock orders to retail orders. According to various forum members, it seems some dealers "felt it best" to leave the (customized) stock orders alone. Other dealers followed Ford's directions and changed the customers order from stock to retail. And, some lucky customers state the dealer left the custom stock order in and gave them a retail order as well. Really, if we are lucky, I believe scheduling begins tomorrow and the one (1) RR dealer allocations will go out. One can assume, that a few customers may actually get MSRP. But for most, the dealer is most likely going to want an ADM

 

[Raynger24]

Well, I am in a small town of about 6500, I have driven auction pickups and dealer trades for my dealer for 6 years and I hope that helps a little. When it was time to order I talked to the SM and he told me of the three of us that had expressed interest one was offering $5K over MSRP and I said no worries and that I would being paying cash (not sure if they really want you to finance thru Ford ) - how much that will count who knows but word also travels fast in a small town.

Actually, offering cash is generally not a good negotation tactic at all. It's important to keep in mind that the actual amount of the discount will depend on a variety of factors, including the type of car, the dealership's policies, and the market demand for the vehicle. Additionally, most dealerships may prefer to finance your purchase because they can earn a commission on the loan, which means they may not be as willing to negotiate on price if you're paying cash. I'm not sure why you are assuming a Ford dealership would not want to finace through Ford? The other person financing have other options as well. In addittion, I don't see what difference it makes. Financing thru Ford does not keep the dealership from earning a commission (and, if anything, probably makes the transaction goes smoother as they know ASAP if the customer is approved and puts more of the finance charge into Ford's coffers) It's unclear to me if you meant you are willing to pay only MSRP with cash, or MSRP and the $5k ADM. If you were told a competing customer is offering $5k over MSRP and they are financing as well (I assume you did not ask), and if they gain a commission on financing (and they usually do)I think in all likelihood we can surmise the dealership is going to sell the RR to the customer that generates the most profit.

 

[SGT Ranger]

Well, I am in a small town of about 6500, I have driven auction pickups and dealer trades for my dealer for 6 years and I hope that helps a little. When it was time to order I talked to the SM and he told me of the three of us that had expressed interest one was offering $5K over MSRP and I said no worries and that I would being paying cash (not sure if they really want you to finance thru Ford ) - how much that will count who knows but word also travels fast in a small town.

Saying you are paying cash will not benefit you at all. The dealer makes a one time kick back for getting you to use Ford for financing. There are all kinds of anecdotal stories around about how dealerships will hassle the customer to finance and then use the cash to pay off the vehicle.

The best negotiating tool is getting them to understand you are coming up on other new vehicle purchases in near future if you have a multiple people in your household.

A few things you never mention until you have an agreed upon price down officially on paper for the vehicle you intend to purchase;

- paying cash
- having a trade-in
- monthly payment amount

The last one mentioned, if they ask that exact phrase cut the head off that snake immediately and change the topic. It is still sad that in this day and age people still target a monthly payment and not a total price. Dealerships can manipulate how the monthly payment comes out in so many ways that benefit them, not you, its not even funny.

 

[Raynger24]

A few things you never mention until you have an agreed upon price down officially on paper for the vehicle you intend to purchase;
- paying cash
- having a trade-in
- monthly payment amount
The last one mentioned, if they ask that exact phrase cut the head off that snake immediately and change the topic. It is still sad that in this day and age people still target a monthly payment and not a total price. Dealerships can manipulate how the monthly payment comes out in so many ways that benefit them, not you, its not even funny.

YES! I forgot to mention the last two from above. This is spot on really good advice and I can think of nothing to add!

 

[SGT Ranger]

YES! I forgot to mention the last two from above. This is spot on really good advice and I can think of nothing to add!

I just wish the 0% APR @ 84 months I've had on my current Ranger could be had on the Raptor, but I'm no dummy. The tables have turned on buyers since COVID was drummed up 3 years ago. I may not even finance what I don't down pay through someone else other than Ford.

 

[Wayfaring Ranger]

If you have cash the absolute best move is to finance and then pay off the loan in the first month or two (as long as there's no penalty for doing so). If you want to be nice to the dealer, you can ask them how long it takes for the dealership to get their cut from the loan company (usually 3-5 months).

No salesman is persuaded by you saying you will pay all cash and if they have someone else that will be financing, the car will go to that person instead.

 

[SGT Ranger]

If you have cash the absolute best move is to finance and then pay off the loan in the first month or two.

Please do explain this. You may actually take a credit hit doing this because you are opening and closing a financial account so quickly.

 

[Wayfaring Ranger]

Please do explain this. You may actually take a credit hit doing this because you are opening and closing a financial account so quickly.

I just mean that you telling a salesman "I will pay in cash" isn't doing you a single favor. If two people are going for a single ranger raptor, one saying they will pay cash and the other saying i'll finance, the salesman is going to take the finance guy because they make more money off that deal.

If you really want to pay in cash, just don't say anything and pay off the loan before interest kicks in. Maybe you'll take a small credit hit, but if you have the car you want, and you have a house already, who cares. It's still better than paying $5k+ in interest over 4 years, and you can do other actions to repair your credit in the meantime. Or if you're married, use your spouses credit until yours is back where you want it.

 

[SGT Ranger]

I just mean that you telling a salesman "I will pay in cash" isn't doing you a single favor. If two people are going for a single ranger raptor, one saying they will pay cash and the other saying i'll finance, the salesman is going to take the finance guy because they make more money off that deal.

If you really want to pay in cash, just don't say anything and pay off the loan before interest kicks in. Maybe you'll take a small credit hit, but if you have the car you want, and you have a house already, who cares. It's still better than paying $5k+ in interest over 4 years, and you can do other actions to repair your credit in the meantime. Or if you're married, use your spouses credit until yours is back where you want it.

The only time I would advocate financing over full cash payment is with a 0% APR term. That is a no brainer, that means you can invest the cash in something that will make money.

 

[Wayfaring Ranger]

The only time I would advocate financing over full cash payment is with a 0% APR term. That is a no brainer, that means you can invest the cash in something that will make money.

If you are looking at vehicle that isn't limited in supply, that sometimes makes sense. But again if you're fighting other people for a single Raptor allocation, your cash offer isn't gonna make the cut.

Regardless, at normal interest rates (not what we have now), you're still better off financing and investing the difference. If you have a loan at 3% but the stock market is averaging 7% annual returns, financially you can net 4% profit by investing that difference and letting inflation wittle that dollar value down as you're paying it back.

Now, in our current climate, the above advice probably isn't true since loan rates are probably higher than market returns. However if inflation stays as high as it has been, financially it can still be smarter to get a loan but i'm too dumb to explain the math behind it.

Some people think the feeling mentally of no car loan is worth losing the money you can make by financing and investing and I somewhat agree. But in general, no financial advisor will ever recommend you pay off a depreciating asset before the loan period is over.

 

[Superdannyboy]

Well sure I could buy a vehicle that's 1/2 the cost of a Raptor but that's not really the point is it? The Raptor is literally the closest thing to anything available on the market for this class of truck that is actually an all-in-one package.

No optioning of higher end components they are all standard.

The only question buyers should be asking is do I need all these features or am I going to spend the same amount on the aftermarket to accomplish similar goals.

Yea like long travel and 37's!! If SVC comes out with a race kit with not only control arms but spindles and a bed cage it will eat the RR up in a heart beat. The RR doesn't have that much travel. The next generation Ranger Raptor will most likely have a better setup with more travel and bigger tires. 33's are puny. But then I'm talking a more off-road purpose truck. So take a lariat and slap on 30k and you got a real long travel setup with fiberglass and a wide stance. Gonna need those "Raptor lights" then.

 

[SGT Ranger]

Yea like long travel and 37's!! If SVC comes out with a race kit with not only control arms but spindles and a bed cage it will eat the RR up in a heart beat. The RR doesn't have that much travel. The next generation Ranger Raptor will most likely have a better setup with more travel and bigger tires. 33's are puny. But then I'm talking a more off-road purpose truck. So take a lariat and slap on 30k and you got a real long travel setup with fiberglass and a wide stance. Gonna need those "Raptor lights" then.

I would quantify this as the extreme end of the spectrum with potential buyers. Most people off roading are at a happy median between full blown baja set up and full blown rock/mud crawling.

 

[Superdannyboy]

I would quantify this as the extreme end of the spectrum with potential buyers. Most people off roading are at a happy median between full blown baja set up and full blown rock/mud crawling.

Yea it is a niche area. But my argument on the tire size stands. Even rock crawling you want bigger tires. At least 35's.

Sponsored