"Arch Duke Maxyenko, Shit Talk Extraordinaire" (arch-duke-maxyenko) 01/12/2015 at 16:40 • Filed to: stealerships

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DAT Dealer Markup Doe... !!!error: Indecipherable SUB-paragraph formatting!!! for a $40K Mustang.

macanamera > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:42

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wha...what...why

Five Liters of Obsession > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:43

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I've seen crazy markups like that all over for the 50th anniversary edition ones. The dealer I got my 2015 GT from had one also.

505Turbeaux > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:44

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who ever said a Mustang was worth 40K anyways?

jkm7680 > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:44

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Ha, Nope!

-Myself.

Quattro-luvr, Powered by Datsun & Stinger > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:44

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A big fat zero on feedback. This can't be real life.

Arch Duke Maxyenko, Shit Talk Extraordinaire > 505Turbeaux 01/12/2015 at 16:45

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Ford. Ford did.

Brian Silvestro > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:45

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$120k

-GT350R price

ly2v8-Brian > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:46

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Ask all you want but it isn't gonna out corner an SS 1LE.

BoxerFanatic, troublesome iconoclast. > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:46

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That is a 50th Anniversary Limited Edition, isn't it... the specially specified wheels (only the 50th LE gets them in argent/polished edges, IIRC), Wimbledon White paint job (only offered in WW and Kona Blue, IIRC), and I think I see the louver-shaped rear quarter windows, that are flat on all of the other non-LE Mustangs.

I can see a bit of a markup for the limited edition status... but 'as my daddy always said...'

"Something's only worth what someone else is willing to pay for it."

Just because that is what they are asking, doesn't mean they are getting it... since the car is still sitting in the showroom, instead of in someone's garage.

For Sweden > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:48

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Yeah, but Ford will only make 500 Mustang GTs. Better get one while you still can.

Grab Paddle > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:48

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It's a limited edition 50th anniversary car 1 of 1964. justified.

505Turbeaux > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:49

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Dat MSRP setting the public's expectations. Goddammit Ford

Arch Duke Maxyenko, Shit Talk Extraordinaire > BoxerFanatic, troublesome iconoclast. 01/12/2015 at 16:49

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You can get the 50th anniversary package on any mustang according to Ford's builder.

Arch Duke Maxyenko, Shit Talk Extraordinaire > Grab Paddle 01/12/2015 at 16:49

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Not justified at all.

T5Killer > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 16:51

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50th anniversary car? Still that is outrageous.

Arch Duke Maxyenko, Shit Talk Extraordinaire > BoxerFanatic, troublesome iconoclast. 01/12/2015 at 16:53

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But yes this one is a "limited 50th anniversary model"

BoxerFanatic, troublesome iconoclast. > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 17:01

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http://www.caranddriver.com/news/2015-ford…

There is a 50th Anniversary appearance package in the general 2015 options list, but that is separate from the 50th Anniversary Limited Edition cars.

There are only 1964 numbered units of the 2015 Mustang GT 5.0 Performance Pack coupe being offered as the 50th Anniversary Limited Edition.

They are painted exclusive colors... Wimbledon White, rather than regular-production Oxford White (wimbledon is warmer), and Kona Blue, rather than Deep Impact Blue. (Kona is a darker, more violet color). I believe they may have LE-specific interior trim, as well.

The louvered quarter glass is actually 3-layers of glass fused together, to resemble the louvered panels in the 1965 Mustang GT fastback, and the argent/polished edge wheels are designed to replicate the original stamped-steel and chromed GT wheels.

The 2015 general option 50th Anniversary Appearance Package includes:

19" x 8.5" Luster Nickel Aluminum Wheels (same casting as the LE wheels, but all nickel plated, not with the dark shadows and polished edges)

Unique 50 Years Upper Grille

Unique Rear Gas Cap Badge

Unique Floor Mats

Unique Seat inserts and Door Trim

Dash Panel with 50 Years Badge

Chrome Tail Lamp Surround

When the 50 Years Appearance package is ordered with either the EcoBoost® Performance Package or the GT Performance Package, the Performance Package wheels are included and the spoiler is not included. (so an Oxford White or DI Blue 5.0 GT Performance Pack standard production coupe with the 50th Appearance Package would not wear the same wheel style as the LE cars do, rather black painted mesh-spoke style 19" wheels, but would be similarly sans-spoiler)

Arch Duke Maxyenko, Shit Talk Extraordinaire > BoxerFanatic, troublesome iconoclast. 01/12/2015 at 17:11

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Yeah, still not worth 80K though.

BoxerFanatic, troublesome iconoclast. > 505Turbeaux 01/12/2015 at 17:29

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That MSRP is for a fully loaded, Limited Edition 50th Anniversary, 1-1964 units, 5.0 GT Premium fastback, with the Performance Pack. Pretty much what a standard fully-equipped '15 Mustang configures for... (I configured one similar to an LE for ~43.5K)

Pretty much the upper end of the standard production Mustang before crossing over into SVT/Shelby territory.

A fully loaded '15 WRX STI stickers for over 40K, and nearly 44K with a few add-on performance accessories, and it has a 10-year-old engine and drivetrain in a new body. That doesn't mean a mainstream WRX, or a standard 5.0 GT Mustang costs that much.

For a brand new Mustang, fully loaded, with north of 400 warrantee-covered horsepower, in a car that most reviews are saying is head and shoulders better than the already fairly decent car it is replacing... it isn't that crazy of an MSRP, in that context. It doesn't excuse that the economy sucks in general, and affording a $40K on average wages is problematic, at best... but that is a different discussion.

The markup in the above instance, is what is insane... and the dealer is trolling to see if PT Barnum was right, and there is a sucker born every minute... and whether a fool and their money are soon parted.

If not... that car will sit in the showroom until someone can make a deal, or the dealer decides it is worth more to keep it as a collector's item.

That might be half the deal... pricing it so high that the dealer can scare away customers, and rationalize keeping the collector's item for themselves after a cursory period of offering the car for sale.

BoxerFanatic, troublesome iconoclast. > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 17:37

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No argument there, and I have agreed in another post further down, that the markup is insane.

I could see a bit of a markup... if the cars are hard to find and have been mostly bought up, I could see 10-20% markup... but 80-100% markup is foolish amounts of money... unless someone who is VERY wealthy doesn't even care about spending up to $100K.

That is insane markup... to the point that I suspect the dealer might not be that serious about the car actually selling. The dealer didn't pay that much from the factory... and they may be half-intent on keeping it if they don't get foolish amounts of money for it.

If I owned the dealership, and thus the car being sold... it would be tempting to troll for what Nicholas Cage's character in Gone in 60 Seconds' referred to as "self-indulgent weiners with too much bloody money! "

And if it doesn't sell, just keep it for what dealer cost from the factory was. If it doesn't sell, that is all the dealership spent on it... maybe some inventory carrying costs and insurance premiums... but it is the dealer's car to do with as they want, which selling that particular unit might not be a high priority.

Tinfoil Hat in a thunderstorm, now with added diecast > Arch Duke Maxyenko, Shit Talk Extraordinaire 01/12/2015 at 17:39

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How did you do that?! Answered 2 mins before the question was asked! The force is strong in this one.

Sampsonite24-Earth's Least Likeliest Hero > Grab Paddle 01/12/2015 at 17:44

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Yeah that's not justified. Maybe in 40 years it'll be worth 80 but not right now.

505Turbeaux > BoxerFanatic, troublesome iconoclast. 01/12/2015 at 17:57

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I am getting old I guess :)

BoxerFanatic, troublesome iconoclast. > 505Turbeaux 01/12/2015 at 18:18

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Me, too.

I continually have to re-adjust my thinking out of amazement at what things cost, especially versus what my salary *STILL* says after many long years.

I mentioned elsewhere... the prospect of an average-household-wage earner being able to afford a new car, let alone a $40+K new car in similar terms to the 3-4 year loans that I became familiar with when I came of age into the financial world, and started paying bills...

It isn't the same fiscal reality anymore, and there is a lot more economic pressure now than there was in the late 90s and early 2000s. economic prospects aren't the same as they were, and aren't really being reported accurately, either.

People are rolling-over unpaid debt balances from one car to the next, staying upside-down, and borrowing for 8 or more years for a new or even nearly-new car.... when I remember that a modest home used to be handled with a 10 year mortgage, and 30 year mortgage meant you were buying a very nice, sizeable family home for the decades-long haul while raising multiple children, with a very stable salaried professional job or two in the household.

But that is a socio-politico-economic discussion.

Within the context of the automotive marketplace, a 400+ horsepower Mustang GT for $4oK is not bad, relatively. A 300hp/$3oK EcoBoost or V6 performance pack car isn't that bad, either.

I just hope there is enough juice left in the economy for people better off than me to keep buying new cars, so that I can buy nice-enough used ones when they are ready to trade-up... because if the economics slow much further... people better off than me, won't stay that way, and new durable goods sales, manufacturing, and other economic indicators will fall off, and then there will be a cascade failure sort of problem, as we've seen before, and could be even worse next time.

It's just that working stiffs can't afford to spend as much anymore, it seems. Wages haven't kept up with the inflating costs of production, and devaluation of the dollar, and it isn't really an accident to be happening that way.

505Turbeaux > BoxerFanatic, troublesome iconoclast. 01/12/2015 at 18:53

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I was just having this conversation yesterday, almost to a tee. I dont finance cars, if I cant afford it, I am not owning it. Once upon a time this was a reality for many people. Finances have us locked down, much to the joy of finance companies

BoxerFanatic, troublesome iconoclast. > 505Turbeaux 01/12/2015 at 19:16

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The sad part is... if you try to save up cash... chances are the target will move further, and it gets harder to hit, not easier. That is not supposed to be the case, but saving money pays less in returns than the purchasing power value of that saved dollar falls during that same time.

*Value* is being siphoned out of every dollar in every pocket, silently. It isn't even a pickpocket grab... it is economic evaporation, and re-condensation elsewhere.

I don't finance much, but I do finance my car, after previously having all three paid off, I traded one that was starting to get expensive to maintain, kept one that is older, but fairly rock-solid, and ended up having to sell the third, to pay other bills... but the difference between what I traded and what I bought was easily affordable to finance, and I will have it paid off before the term, again, well within my ability to pay, but I didn't buy a new car...it was 5 years old with high-ish highway miles, but well maintained, and under the average price for similar vehicles.

If I had waited, I would have ended up spending all of my savings keeping the existing car running as it declined, and likely never gotten to the point of paying cash for it's replacement... and trading one car even-up for another is a wholesale/resale to retail dis-advantage for the customer.

The dollar is devaluing faster than anyone can save, due to flat wages, increased costs of living, and increasing taxes, and zero interest on savings. thank your elected leaders with no fiscal discipline whatsoever (regardless of party affiliation), and their un-elected Federal Reserve, and derivative-trading pals.

Most average folks are screwed either way, but very modest borrowing and good credit practices can be a bit less negative than slowly drowning while trying to save money against rising costs, and no interest returns...

There are definitely times to stay away from debt, and there are times when clinging to a sinking ship just drags you further down with it, rather than swimming a bit to a better, sea-worthy boat. Staying put might not be as stable as it seems.

505Turbeaux > BoxerFanatic, troublesome iconoclast. 01/13/2015 at 08:18

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I agree with all of this as well. I bought my house on credit, but payed it off swiftly when I realized to refinance, it was going to cost me a ton in closing fees. Cars are all paid off. The house I am keeping another 15 years till my youngest is out of school (their mother and I split, so we retained 50% interest in it per), but regardless I have so much sweat equity in that place it cannot lose. I could sell it today for 2.5x what I paid for it. Good to be handy I guess.

but yeah, either side of the governmental aisle it is all bad, wasteful policy that is going to get us in another mess no doubt. I am just glad I am not saddled with any debt whatsoever. Great responses by the way, sounds like you and I are on the same page on alot of things!