Price protection, are FORD shafting us?????? - ie cashback

[flappist]

Hey I have another idea, why don't FORD make second hand cars, these would be a lot cheaper.....

[Smoke Pursuit]

Originally Posted by flappist

Hey I have another idea, why don't FORD make second hand cars, these would be a lot cheaper.....

Thats a great idea, program AU / BA Falcons, new carpet, new tyres and 12 months rego, available at your Ford dealer now!

[Walkinshaw]

Originally Posted by flappist

Hey I have another idea, why don't FORD make second hand cars, these would be a lot cheaper.....

Some people would still complain about resale.

[zetec]

Originally Posted by Walkinshaw

Some people would still complain about resale.

Some people are never happy...

Originally Posted by ShockWaveXR6na

Dealers in Qld were doing XR6 NAs for $34880 on the Road Drive away before the $2,000 cash back, Do the sums, if you look at Retail pricing plus on roads theres $5000 off. which i see your now selling them for around that mark now..

Dealers In QLD are now advertising them betwen $32,000 and $32,888 depending on how hungry they are..

This includes Fairmonts Ghias/ Fairlanes Etc as the bonus's do vary between models.

I understand what you are saying now. $5000 discounts were given, but the bonus was $2500.

[LTDHO]

Fact: Nothing deprieciates quicker than a new car in it's first 18 months.
Anyone walking into a dealer to buy a new car knows this. Hence new cars being owned for 3 to 5 years with exception of company cars who a) get discount on purchase and b) get tax rebate, so they can affort to return the car after 12 months.

[flappist]

Guys get some perspective.....

If no one bought new cars then ther would be no second hand ones.
If you cannot afford a new one the buy a second hand one, I did this for years until I could afford to buy a new one.
In the beginning it was Lasers then Fairmont then Fairmont Ghia and the last 3 have been FPVs.

I buy them because I want to, no other reason.
I drink Corona rather than domestic because I want to (resale value on used beer is not very good either).

When I buy ANYTHING, resale value is not even remotely on the radar, I am not buying to SELL, I am buying to OWN.

If the current system does not suit then don't buy, your choice......

Remember this is NOT a dress rehersal, he who dies with the most unspent money is just as dead and he who spent the lot.......(except he who spent probably had more fun)

[WASP]

I bought my Mk2 GT for over $15k less than than what the original owner paid for it 4 month beforehand. 2 months on and it's now worth more than $5k less than what even I paid for it as a trade in. Point is, even bargins can put you behind. Cars are enjoyable liabilities..

To be honest I find that FPV's do a reasonable job of holding their market value, but I think this is mainly driven by the owners..lol:voldar02:

[Charliewool]

Originally Posted by Walkinshaw

Erm....

(1) you will get laughed at for buying a new car
(2) the reason for the laughter is the rocks in your head.
(3) all laughing regarding the purchase of a new car will only commence once whinging regarding resale or people getting better deals commences.

(4) Have a cry

(1)... But hey, ain't it a buzz having the VERY 1st of a brand spanker in your area? (Read: smirks of jealousy rather than laughter)
(2)... Maybe only ROCKS left in your bank account (but WTF)
(3)... Truer words never spoken (It's typical human nature) (Read: smirks of jealousy)
(4) Done plenty of THAT!! (especially after a certain Pursuit)

[Gadgetman]

Originally Posted by 42.57lb

So you've just bought your new FORD, maybe it was a Territory, or a falcon or a Fiesta yeah, so NOW they go and decide to give people cashback, like 3k for a territory yeah, well that has just destroyed your resale value right? By at least 3k? I don't know about this one, but it seems that the people who bought their car in the months up to November when this deal started are getting the raw end of the deal because now the 52k "SUV" they bought has had it's resale slashed by another 5%...

To me, I'm not sure, I mean if I buy a car I'm not gonna sell it right away, so the 5% means exactly balls, but I know some people might turn over their car more regularly and talking to a few people who have had this happen to them, they are really peeved.

I wonder what the resale value percentage is of the computer you used to vent your frustrations with on this thread? :evil_laug

[xb351coupe]

I'm not complaining, with the runouts, cash backs, discounts and fleet discounts, free leather, free this and that....they are throwing the BA's away. This got me into a new Typhoon for nearly 20K less then full retail.... With what I got mine for I could not even find a 2nd hand Typhoon for the same $$$.....Go Ford you good thing.. I could never have got my Typhoon unless the BF came out... and I don't intend to sell her for many many years if at all.

[Redrum]

Originally Posted by RATT

I'll have to correct you there mate. It was $2500 not $5000.

$2500 on 05 models, $5000 on 04 models.

[Falcon Coupe]

Originally Posted by flappist

Guys get some perspective.....

If no one bought new cars then ther would be no second hand ones.
If you cannot afford a new one the buy a second hand one, I did this for years until I could afford to buy a new one.
In the beginning it was Lasers then Fairmont then Fairmont Ghia and the last 3 have been FPVs.

I buy them because I want to, no other reason.
I drink Corona rather than domestic because I want to (resale value on used beer is not very good either).

When I buy ANYTHING, resale value is not even remotely on the radar, I am not buying to SELL, I am buying to OWN.

If the current system does not suit then don't buy, your choice......

Remember this is NOT a dress rehersal, he who dies with the most unspent money is just as dead and he who spent the lot.......(except he who spent probably had more fun)

Well said Flappist, no point being the richest man in the cemetary, another thing to consider in the game of life : He who dies with the most toys wins.

[Bossxr8]

It could be a lot worse, you could buy a Magna and lose 66% of its purchase price in 3 years. Resale value is 32%, compared for low 50's for Falcon and Commodore.

Originally Posted by Redrum

$2500 on 05 models, $5000 on 04 models.

It's not $5000 for 04 plates either. I'll find out.

[Smoke Pursuit]

Depends how you work it out, Ford say $2500 bonus, but retail pricing isnt followed by dealers, so at the end of the day dealers could be partly to blame for this.. All i know is used cars here have XR6 Nas for 33 grand with 15kays (which is what they just about owe them) and new cars are selling the same thing brand new for $32,880..

Doesnt make sense.

[ltd]

Well, its only on BA models or equivalent, and the dealers already have stocks of the BF. It's not like three months ago we didn't know there was an update coming. Before anyone buys a new vehicle there should always be research on part of the buyer as to the products life cycle. For example.

A mate bought an S500 Merc new a couple of years ago (2003), and asked at the time of negotiaition when the next model is due to come out. They told him late 2005. He accepted this and bought the car knwing it would not be superseded in the showroom for at least two years, or superseded on the road for at least 3 years; by which stage he will be looking to replace the vehicle anyway.

It's all a bit of a gamble, like when people went and bought the BA, knowing that it was the first of the new model; whereas the BA MKII was loaded with alot more fruit for the same price.

If you want to have the latest model you will always cop heavy depreciation, especially on locally built cars that fleet operators use. It could be worse, you could be one of the many Holden owners who are going to have all sorts of trouble selling their Holdens when the VE comes out, and the fleets flood the market with second hand VZ's (because the fleet market is predominantly comrised of commodores due to large fleet discounts). This is where alot of sweeteners are thrown toward the fleets to make them update their cars, in order to make the new model seem like a runaway success i.e. "Holden have sold 4500 commodores in the first month since the VE went on sale" - could mean Holden sold 500 to private buyers but the remaining 4000 went to fleets. Market perception however is that they sold 4500, must be a great car. That's why we have the second hand car market going through phases of oversupply and less demand, effecting prices negatively.

05 plate XR bonus = $2500

04 plate MkI XR6 na and T = $5500
04 plate MkI XR8 with 18's and prestige sound = $5500
04 plate MkI XR8 without 18's and prestige sound = $7500

[b2tf]

I think it really comes down to what your definition of a "good buy" is.

My car is a used one, allbeit an immaculate example of one though. Would I have preferred a new one? Of course. Why? Because nothing beats driving a new car out of the lot and putting the first kms on it yourself. There's nothing wrong with buying a used one, it saved me packets and I dare say the next one will be a used one too, but if i could justify and afford the price I would buy a new one in a second.

[Smoke Pursuit]

Originally Posted by RATT

05 plate XR bonus = $2500

04 plate MkI XR6 na and T = $5500
04 plate MkI XR8 with 18's and prestige sound = $5500
04 plate MkI XR8 without 18's and prestige sound = $7500

Theres still early XR8s around??

Damn! :monkes: