mbnorton

iTrader: (1)

Xplan is 2% over dealer cost. Don't know residue value

bexiga

Our truck was in the show room when we bought it. 2015 lariat screw sport 502A package Window sticker from factory was $66,450. Dealer had added a few options with included a box liner, 2" front level, and wheel liners. We managed to get them to give us $36,000 for our trade in which was a 2014 Nissan Pathfinder. We also had them add weather tech mats, brake controller, tinted front windows, tonneu cover and took $600 off for extended warranty. When everything was said and done, we ended up paying just over $ 27,000 taxes in.

BernardMarx

That is very valuable information, thanks. Can I subtract incentives (like the current $3750 delivery allowance) from that?

Steve Osborne

why am I looking at this now.....

fastoldguy

I know. Just hate it when the dealers seems to be charging the 2016s that much over more than the 2015s. Wish Ford can offer 0% financing on the remaining 2015. In the end, I still save money by getting the 0% financing, but a chunk of my saving goes to the dealership...

ericlee

Yeah I get it. It's really all the appearance of getting a deal anyways. Sure your purchase price is less, but you pay more to finance, a wash in the end. Really the only true way to look at things is total cost

mbnorton

iTrader: (1)

Yes you subtract all incentives after that. Ie 3750. 1000 costco. Also with x plan im not sure if they are allowed to charge admin fees. If you have trade in look at canadain black book on line. Remember canadian dollar down. All good used vehicles are being shipped across boarder

BernardMarx

Yah, absolutely no used units worth buying for a 250 km radius. The dealers have some chutzpah to be selling all this inventory into the States when they objected so strongly to Canadians shopping in the States a few years ago. The local Ford dealer is actually calling owners of 2013-2015 trucks and offering to buy them back because he can buy them for C$35000 and sell them for US$35000. The mph speedo costs him $800, apart from that he puts the whole exchange difference in his pocket.

Just a small remark on using your HELOC instead of factory financing:

When I run the numbers on a heavily optioned XLT that goes for mid-$40s and my $14k trade, I find that the "0%" financing is actually 5.27% financing if you consider that you don't get the $3750 cash purchase rebate. I am better off borrowing from my HELOC at 3.2%, I save about $1000 that way.

But of course, if you use your HELOC, you don't have that credit available anymore. Sometimes it is better to use manufacturer financing.

BOSSLJ15

I bought mine in Brampton Ontario. MSRP $ 58,000. Paid 43,000 and then put the FX6 dealer pkg on it. Which includes: 6in Pro Comp Lift Kit, 35x12.5x20 Toyo A/T II tires, HD 20in Rims, Amp Power Boards. Put Katzkin Leather interior into it. Out the door $63,000.
Love the truck!!

Spares

This.

I was getting the run around from everyone. Finally I told them i had a background in finance, and that they're just getting on my nerves telling me how much my bi-weekly is or would increase. Then the games stopped and i was getting after tax OTD numbers to compare. Had a few from different dealers and went with the lowest. Financing adds a bit of complexity, but at 0% its easy.