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"X Plan" are they all the same?

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Old Jan 16, 2011 | 11:22 AM
  #21  
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I apologize as I didn't take into consideration that it may not apply to Canadians.
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Old Jan 16, 2011 | 11:42 AM
  #22  
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Originally Posted by mbnorton
I believe you have access to carcostcanada.com Becuase you are in canada I believe x plan may be different than the usa. Build your vehicle on car cost canada look at the dealer cost and add 2%. deduct any incentives and that will be you cost. Thats how i do my research. I have bought a 2010 f150, 2010 vibe, and 2008 ram, and 2007 mustang using this research. Carcost canada will also tell you the hold back that the dealer will get.

I do have Carcost Canada.. If what u are saying is correct dealer invoice plus 2% = X plan That would SUCK I can get that deal anywhere

Here is what I speced out at carcost
Attached Thumbnails "X Plan" are they all the same?-16-01-2011-11-40-38-am.jpg  
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Old Jan 16, 2011 | 11:49 AM
  #23  
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ok sorry about the size of jpg... bottom line is this


MSRP = $51,879.00 Dealer Invoice = $46,554.00
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Old Jan 16, 2011 | 02:41 PM
  #24  
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So adding 2% to the invoice = $47485.08 before any incentives. I don't know what kind of deals you can get but one of the beautiful things about the plan is you don't have to negotiate to get the price.

I bought a Monte Carlo in 2002 (yeah I know) on a supplier plan and it was the most seamless transaction I've ever had with a car. Internet sales guy gave me the price, had the car warmed up and waiting near the parking area and after the test drive we sealed the deal in about 15 minutes including the dreaded F&I sales pitch. Most of that time was him entering my financial info for GMAC.

Contrast that with the normal car buying experience where the sales guy has to "talk to his manager" every time you mention anything about the vehicle. Not to mention in order to get a great deal you have to walk away and shop offers of dealers to each other. If nothing else it saves you time which is money.
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Old Jan 16, 2011 | 04:22 PM
  #25  
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Originally Posted by tarfin
So adding 2% to the invoice = $47485.08 before any incentives. I don't know what kind of deals you can get but one of the beautiful things about the plan is you don't have to negotiate to get the price.

I bought a Monte Carlo in 2002 (yeah I know) on a supplier plan and it was the most seamless transaction I've ever had with a car. Internet sales guy gave me the price, had the car warmed up and waiting near the parking area and after the test drive we sealed the deal in about 15 minutes including the dreaded F&I sales pitch. Most of that time was him entering my financial info for GMAC.

Contrast that with the normal car buying experience where the sales guy has to "talk to his manager" every time you mention anything about the vehicle. Not to mention in order to get a great deal you have to walk away and shop offers of dealers to each other. If nothing else it saves you time which is money.

My assumption was that X plan was a lot closer to the dealer invoice A plan + 4 % . I guess 900 over invoice is not bad .. But really whats the incentive to use my X plan. I'm pretty sure a large volume dealership would do this deal all day long @ 900 profit
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Old Jan 16, 2011 | 06:29 PM
  #26  
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My first 'x' didn't get anything when she left, my second 'x' got half my pension, so NO, they are not the same.
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Old Jan 16, 2011 | 08:51 PM
  #27  
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Originally Posted by Canadian Boyz
My assumption was that X plan was a lot closer to the dealer invoice A plan + 4 % . I guess 900 over invoice is not bad .. But really whats the incentive to use my X plan. I'm pretty sure a large volume dealership would do this deal all day long @ 900 profit
I'm going off what mbnorton says about the cost which I don't have any reason to doubt him. Only you can decide if it's worth it.

Originally Posted by Bottom Dollah
My first 'x' didn't get anything when she left, my second 'x' got half my pension, so NO, they are not the same.
LMAO!
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Old Jan 16, 2011 | 08:56 PM
  #28  
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X plan is not that great. Large volume dealers (if the vehicle has been on the lot awhile ) will do better. If you order one in they will get a 2% holdback when you pick up the vehicle. Holdback is to help cover overhead ie advertising, electricty etc. However if you order the truck that individual truck would not really cost the dealer any overhead. And they are guarantee the sell. So in theory if they sell the truck at there cost they still make 2% If you use x plan they cannot vary from that price. I buy over the internet email etc. Just shop and hunt. Good luck to to you
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Old Jan 17, 2011 | 05:06 PM
  #29  
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Well lets hope the incentives and rebates change for the better . I will be looking to jump in around March

thanks everybody!!
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Old Feb 4, 2011 | 03:18 PM
  #30  
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One thing I haven't seen mentioned on here and would like to confirm ... from what I can figure out the X-plan prices quoted do *not* include the destination / delivery fee of $975. So for instance the FX4 I'm looking at with a total MSRP of $42965 has an "X-plan cost" of $39067, to which I have to add $975 for a total price (before taxes / tags / doc fee) of $40042.

Now this doesn't look as too good when compared to the Edmunds quoted invoice price of this car (including destination) of $38788. But if Edmunds' and KBB's invoice prices do not include advertising / gas fees of say $600, then the X-Plan ends up being $650 over invoice - not too bad for a 2011 before all the rebates kick in.

If my assumptions or math above is incorrect, please let me know, as I'm trying myself to determine how good a recent offer of about $1000 under X-plan is (still not clear what fees will be tacked on). Thanks.
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