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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (54757)1/8/2015 2:31:53 AM
From: Paul Senior  Read Replies (2) of 78632
 
OT: re "buy a $100K Ford": We talking the Monroney (window sticker price) or the dealer invoice price? I've never had the skills/saavy to bargain and get the few new cars that I wanted below the dealer's invoice amount.
Sure, dealers wlll come down from the sticker, but down and below their invoice price? --- yes,that too, sometimes on some models, perhaps more frequently end of model year - but maybe not so easily or quickly and maybe not on all their cars.

With a dealer who's part of the X-plan program, you go in, you show your qualification paper, pick the car you want, they show you the invoice for it (assuming the car's in stock), and the deal closes. (as I said some exceptions, e.g. perhaps the very low volume production high performance mustangs)

I am giving my understanding of Ford's program and my experience buying new cars. Other people's car shopping experience could be quite different.
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