Yes, it is generally a very bad idea for government to have their hands in anything sanctioning prices on products - 99% of time it never ends well. However, that 1% will generally fall into the scope of reasonable person doctrine.
No offense but, I disagree with that theory completely, not to spite you though.
With the used car market what it now is and the fact that most new car buyers already own a serviceable vehicle, there is no real need for regulation to prevent gouging.
You can disagree all you want but it's simple supply and demand economics. If people are paying regardless, the price simply isn't high enough. If a single tank of gas was $10k then nobody is going to pay for that if they don't need it. If that tank of gas was life and death, I'd be taking out a loan to purchase that tank for $10k if it saved my family. Soon, the market would flood with cheap gas because word would get out that you can make a ton of money.
I agree with this. I'm not against gouging per se, because of reasons I've listed in other posts. I personally refuse to pay a markup and if that ultimately means I don't get one right now, so be it. In my previous examples, I gave life/death situations that still justify "gouging" but having a Raptor is not life or death.
if you are talking about dealer stock vehicles on lots, incorrect. The dealer has already purchased the vehicle from Ford when they took possession and signed paperwork when vehicle received off transport truck. Same thing with Customer Special Ordered vehicles; as soon as the dealer signs paperwork receiving vehicle off transport truck, the dealer owns it. Dealer is in control of the vehicle until they sell it to another party by executing a valid sales contract.
Morality and ethical standards aside, I agree with you.
As a rule no money changes hands for the first 90 days, so the company carries the vehicle on the lot during that time, and the vehicle is often sold in the interim. Some might see that as a distinction without a difference.... Technically the first "owner" is the retail buyer after a title has been issued. .
There’s no such thing as a 90 day rule you’re suggesting. Maybe you are confusing normal payment terms using “net 30, 60, 90” days agreements between businesses and legal chain of custody handoff stages from Ford to eventual private customers? No such linkage exists here.As a rule no money changes hands for the first 90 days, so the company carries the vehicle on the lot during that time, and the vehicle is often sold in the interim. Some might see that as a distinction without a difference.... Technically the first "owner" is the retail buyer after a title has been issued. .
The dealers themselves have difficulty with these issues, so I'm hardly qualified to pontificate on them so ...
Carry on with your pedantic pedagoguery Maybe we'll both learn something!
I see you have decided to carry on just as suggested. Well I didn't really mean it.There’s no such thing as a 90 day rule you’re suggesting. Maybe you are confusing normal payment terms using “net 30, 60, 90” days agreements between businesses and legal chain of custody handoff stages from Ford to eventual private customers? No such linkage exists here.
Research “Flooring fees” to understand how dealerships use large credit lines to keep vehicles on their lots in interim period between taking legal possession of vehicles off transport trucks and eventually selling to a customer.
If you still don’t get how it all comes together, I’ll fill in the blanks for you later. I’m off to submit my Ranger XL order today
Good Grief Charlie BrownI see you have decided to carry on just as suggested. Well I didn't really mean it.
I was only responding, in kind, to your previous "pontificating" remark.
So ... further elucidation will not be necessary, nor appreciated.
Thank you so much for your efforts to this point.
Here's hoping that your new XL will be as perfect as mine has been and that it will be all you are hoping for and more. IMO you have chosen the best value of all Ranger choices.
Its all good! You should try working with a field crew in a refinery!
Another scenario is after a few RR's hit the road, people will realize it isn't as desirable as once thought. Same happened with the Bronco, yet I see more used Broncos on a non-Ford lot than anywhere else.
I seriously doubt that would ever happen. I've seen a ton of reviews around the world and auto journos are giving them rave reviews. In AU, there are several auto youtubers that liked them so much, they bought one for themselves. That says a lot. I'm expecting the RR to stomp the competition here and become very sought after.
