Quote from: Cord on August 04, 2012, 05:58:36 pmSo how does Ford's current $2648 discount on the 2013 Focus ST illustrate any less integrity than, say, Hyundai's current $2569 discount on the 2013 Sonata?in that case, the difference is Hyundai gives you sub 3% interest and Ford charges you 6%...Hyundai is not normally "big" on giving discounts, so my guess is customers have become so accustomed to seeing "$3000 off" that perhaps they are now joining the game (which is a shame)...at least they still offer attractive finance rates.
So how does Ford's current $2648 discount on the 2013 Focus ST illustrate any less integrity than, say, Hyundai's current $2569 discount on the 2013 Sonata?
Right. So it is a "difference" and has nothing to do with "integrity." So sub 3% is better than 6%. But then, you said it wasn't about "cheaper being better" either...... hey, what's for lunch?
Quote from: Cord on August 06, 2012, 01:24:03 pmRight. So it is a "difference" and has nothing to do with "integrity." So sub 3% is better than 6%. But then, you said it wasn't about "cheaper being better" either...... hey, what's for lunch?you said "cheaper is better", i didn't...what i said is, in my opinion, offering cash on the hood, then sticking you with a 6% interest rate isn't really a "deal"...sure, $3k off is nice, but you'll hand that right back them when you finance.as Sir O said, look at the total numbers...cash on the hood is great for people who pay cash, but most don't.
sure, $3k off is nice, but you'll hand that right back them when you finance.
no, you're correct...
If you look at your bottom line including rebates and financing costs, you'll never go wrong.This type of pricing goes back pretty much to the beginning of commerce. It doesn't matter if its figs, Persian rugs, home electronics, engineering services or cars. A price is suggested and the negotiations begin.
no, you're correct...the non-stop "Family & Friends" discounts and 6% interest rates are great...move along.
Quote from: dirtyjeffer on August 06, 2012, 06:57:32 pmno, you're correct...the non-stop "Family & Friends" discounts and 6% interest rates are great...move along.I knew I remembered discussing this. Just thought I'd resurrect it after seeing Hyundai promoting its Employee Friends and Family Pricing sale.
Quote from: Cord on November 08, 2012, 03:44:21 pmQuote from: dirtyjeffer on August 06, 2012, 06:57:32 pmno, you're correct...the non-stop "Family & Friends" discounts and 6% interest rates are great...move along.I knew I remembered discussing this. Just thought I'd resurrect it after seeing Hyundai promoting its Employee Friends and Family Pricing sale. yea, yea. the difference is this is Hyundai's first F&F "special"...Ford (and others) is virtually non-stop.if you look at the offers, aside from some clearance 2012 models, the discounts are fairly "minimal"...$425 on Accent...$1675-$1750 on Elantra...$400 on Veloster...$1150 on Sante Fe...$2000 on Tuscon...$3250 on Sonata.the reason the discounts are minimal is the interest rates are still respectable, and the pricing is already realistic from the start.soooo, you were saying?
last month, Volvo had a great promotion...a nice S60 T6 AWD for $4000 off, 0.9/60 financing and 5 years warranty/maintenance/roadside assistance/wear&tear...now THAT was a good deal...a very well equipped T6 AWD was about $41k (only model above it was the R-type package).