So who has ordered the new S550 Mustang?

So who has ordered the new S550 Mustang?

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Discussion

pat_y

1,029 posts

201 months

Friday 22nd April 2016
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CaptainSensib1e said:
pat_y said:
Have spoken with my Ford dealer today (Hendy Ford Eastleigh), he has stated that MY17 cars are Sync 3. He is advising that MY17 cars will be available to order in May, so May 1st i will be sat in the showroom waiting for him to arrive.
Might be worth thinking about delaying your order, as cars registered after April 2017 will only be £140 a year to tax. You will have to pay an extra £2k up front, but I think cars with lower tax will command a healthy premium in the second hand market so you will get most, if not all, of that back when you sell.

That's why I haven't ordered yet anyway.
Good shout, wasn't aware of that change. i will have a think about it, but not sure i can hold off otherwise i might just explode. i've been waiting a considerable time to be in a position to order, so an extra 3-4 months could probably push me over the edge. (In todays news---Car buyer goes postal and holds entire ford delearship staff hostage, demands matching grabber blue and black stipes on service managers pets and family.....)

DrC

677 posts

251 months

Saturday 23rd April 2016
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bennno said:
Not 100% sure i buy in to that £2000 / £360 annual saving would require 5.5 years to repay the initial price uplift? Plus any other price increases in the interim.
If you bought one new today you'd pay 1050 for first years tax and 500 for each subsequent year, in April 2017 you'll pay 2000 for first year and 140 each subsequent year so payback is less than 4 years. I've ordered but delayed delivery until after April 1 next year.

Tony91

208 posts

140 months

Saturday 23rd April 2016
quotequote all
DrC said:
bennno said:
Not 100% sure i buy in to that £2000 / £360 annual saving would require 5.5 years to repay the initial price uplift? Plus any other price increases in the interim.
If you bought one new today you'd pay 1050 for first years tax and 500 for each subsequent year, in April 2017 you'll pay 2000 for first year and 140 each subsequent year so payback is less than 4 years. I've ordered but delayed delivery until after April 1 next year.
I ordered grabber blue with stripes a month ago and was quoted 12 months delivery as production of MY17 colours will not start until June so will wait and see and if delivery close to April then may as well delay delivery as well.

Tony91

208 posts

140 months

Saturday 23rd April 2016
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Just back from the dealership was told there is to be a price rise at the beginning of May.
He said on the Focus RS I asked if it would also be on the Mustang he said yes.
Anyone else heard anything?

goldengooner

135 posts

127 months

Saturday 23rd April 2016
quotequote all
Tony91 said:
Just back from the dealership was told there is to be a price rise at the beginning of May.
He said on the Focus RS I asked if it would also be on the Mustang he said yes.
Anyone else heard anything?
They had a £500 price rise in january across the board. So 5 months down the line another one? Could be they are trying to offload the 15s before the 16s come out?

Tony91

208 posts

140 months

Saturday 23rd April 2016
quotequote all
goldengooner said:
Tony91 said:
Just back from the dealership was told there is to be a price rise at the beginning of May.
He said on the Focus RS I asked if it would also be on the Mustang he said yes.
Anyone else heard anything?
They had a £500 price rise in january across the board. So 5 months down the line another one? Could be they are trying to offload the 15s before the 16s come out?
I may be wrong was there not a price increase May last year. Could all be a sales ploy to shift cars does not worry me if there is arise as I put a deposit down a month ago for a MY17 car.

Tony91

208 posts

140 months

Saturday 23rd April 2016
quotequote all
kapiteinlangzaam said:
goldengooner said:
Tony91 said:
Just back from the dealership was told there is to be a price rise at the beginning of May.
He said on the Focus RS I asked if it would also be on the Mustang he said yes.
Anyone else heard anything?
They had a £500 price rise in january across the board. So 5 months down the line another one? Could be they are trying to offload the 15s before the 16s come out?
Can also be due to exposure to the exchange rate - the new Camaro is going to be about 10-15% more expensive than the old model in the EU as (apparently) GM got stung somewhat lately on the ForEx rates.

I read somewhere that there was a $2500 price increase in Australia due to exchange rates so maybe will wait and see.

Centurion07

10,381 posts

247 months

Saturday 23rd April 2016
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Lots of factors but I would imagine it's an easy way for them to negate the increase in the first year's tax, since it's included in the price. Which conveniently will be higher by the time it comes into force.

Pommygranite

14,260 posts

216 months

Sunday 24th April 2016
quotequote all
Tony91 said:
kapiteinlangzaam said:
goldengooner said:
Tony91 said:
Just back from the dealership was told there is to be a price rise at the beginning of May.
He said on the Focus RS I asked if it would also be on the Mustang he said yes.
Anyone else heard anything?
They had a £500 price rise in january across the board. So 5 months down the line another one? Could be they are trying to offload the 15s before the 16s come out?
Can also be due to exposure to the exchange rate - the new Camaro is going to be about 10-15% more expensive than the old model in the EU as (apparently) GM got stung somewhat lately on the ForEx rates.

I read somewhere that there was a $2500 price increase in Australia due to exchange rates so maybe will wait and see.
yes ours was in December I think.

They always use the exchange rate bit here - never bloody goes down when the rate is better rolleyes

I asked the sales guy what happens if I order and the price goes up in the next 12 mths whilst I am waiting (which is likely given the incredible value of it here in oz) and he said they can raise the price but ultimately they just absorb it and I pay the original agreed price as its poor pr/leads to cancellations/etc but given that's the salesmans words I figure it might be a load of bull

goldengooner

135 posts

127 months

Sunday 24th April 2016
quotequote all

I asked the sales guy what happens if I order and the price goes up in the next 12 mths whilst I am waiting (which is likely given the incredible value of it here in oz) and he said they can raise the price but ultimately they just absorb it and I pay the original agreed price as its poor pr/leads to cancellations/etc but given that's the salesmans words I figure it might be a load of bull


They can't put the price up of a car you have paid a deposit on and have ordered, When I was going to buy a UK car, they had one in the showroom, even thou the price went up £500 in January as the car was registered in the UK before the price rise, I would have got that car at the old price.



Roo

11,503 posts

207 months

Sunday 24th April 2016
quotequote all
goldengooner said:
They can't put the price up of a car you have paid a deposit on and have ordered, When I was going to buy a UK car, they had one in the showroom, even thou the price went up £500 in January as the car was registered in the UK before the price rise, I would have got that car at the old price.
Yes they can, if they want to. The invoice price is the price at time of invoice. The fact that Ford honoured the price from time of order is purely down to customer service.

As for a registered car, that's already been paid for so it would be highly unlikely to have a post registration price increase applied to it.

Pommygranite

14,260 posts

216 months

Monday 25th April 2016
quotequote all
Roo said:
goldengooner said:
They can't put the price up of a car you have paid a deposit on and have ordered, When I was going to buy a UK car, they had one in the showroom, even thou the price went up £500 in January as the car was registered in the UK before the price rise, I would have got that car at the old price.
Yes they can, if they want to. The invoice price is the price at time of invoice. The fact that Ford honoured the price from time of order is purely down to customer service.

As for a registered car, that's already been paid for so it would be highly unlikely to have a post registration price increase applied to it.
Wot he said (kinda)

Here in oz when you agree to buy a car (new or used) you sign a mutually binding contract you can't get out of and its binding for 90 days (here in Western Australia). If the price goes up in the 90 days you pay the contractual price agreed.

Given the Mustang will arrive after contract ends they can legally charge you whatever the price is. Flipside the buyer can just not buy it without recourse.



Tony91

208 posts

140 months

Monday 25th April 2016
quotequote all
Roo said:
goldengooner said:
They can't put the price up of a car you have paid a deposit on and have ordered, When I was going to buy a UK car, they had one in the showroom, even thou the price went up £500 in January as the car was registered in the UK before the price rise, I would have got that car at the old price.
Yes they can, if they want to. The invoice price is the price at time of invoice. The fact that Ford honoured the price from time of order is purely down to customer service.

As for a registered car, that's already been paid for so it would be highly unlikely to have a post registration price increase applied to it.
When I placed my order I asked if the price was then fixed I was told by the sales guy and the sales manager that the price was as on the contract, the manager said they had no control on RFL and if that went up then the price would be adjusted accordingly but the car price was fixed.

goldengooner

135 posts

127 months

Monday 25th April 2016
quotequote all
Tony91 said:
When I placed my order I asked if the price was then fixed I was told by the sales guy and the sales manager that the price was as on the contract, the manager said they had no control on RFL and if that went up then the price would be adjusted accordingly but the car price was fixed.
So once you pay a deposit and the order goes in, that is the price you pay.
As for price rises, I can ask my mate at Dagenham Ford, the manager there, lovely friendly chap. even thou I went for a Lefty still wants to see the car

Centurion07

10,381 posts

247 months

Monday 25th April 2016
quotequote all
goldengooner said:
So once you pay a deposit and the order goes in, that is the price you pay.
Is not how I read it.

He said if RFL goes up then the price would be adjusted accordingly, but the price of the CAR ITSELF was fixed. Which would make sense seeing as the government could suddenly go nuts and up RFL to some stupid amount and Ford would have to swallow it if the price was fixed.

I think once you place a deposit you're protected from any FORD price rises, but I wouldn't be so sure about RFL increases. Fairly sure my contract mentioned the price included the first year's RFL but also specified what that amount was.

Tony91

208 posts

140 months

Monday 25th April 2016
quotequote all
Centurion07 said:
goldengooner said:
So once you pay a deposit and the order goes in, that is the price you pay.
Is not how I read it.

He said if RFL goes up then the price would be adjusted accordingly, but the price of the CAR ITSELF was fixed. Which would make sense seeing as the government could suddenly go nuts and up RFL to some stupid amount and Ford would have to swallow it if the price was fixed.

I think once you place a deposit you're protected from any FORD price rises, but I wouldn't be so sure about RFL increases. Fairly sure my contract mentioned the price included the first year's RFL but also specified what that amount was.
Yes as you say the car price is protected my contract also said the first years RFL price so I asked if the total price was fixed the sales man said he would check as I knew there was to be a RFL alteration April 17.We went to see the sales manager about it he said that they had no control on the RFL and that if it increased the RFL part of the cars total price would be increased as it was nothing to do with Ford also if there was any Tax changes (VAT)

goldengooner

135 posts

127 months

Monday 25th April 2016
quotequote all
Tony91 said:
Yes as you say the car price is protected my contract also said the first years RFL price so I asked if the total price was fixed the sales man said he would check as I knew there was to be a RFL alteration April 17.We went to see the sales manager about it he said that they had no control on the RFL and that if it increased the RFL part of the cars total price would be increased as it was nothing to do with Ford also if there was any Tax changes (VAT)
Sorry, I meant to say just the "actual price of the car" is locked, as for the tax, as you say that is out of Ford's hands

Roo

11,503 posts

207 months

Monday 25th April 2016
quotequote all
They don't have to hold the price of the car to what it was at time of order. Ford are doing from a customer relationship point of view.

Imagine if it went the other way. You order a car with a list price of £34,995. By the time it's delivered a shift in the exchange rate means it's now only £31,995. What price do you want on the invoice?

goldengooner

135 posts

127 months

Monday 25th April 2016
quotequote all
Roo said:
They don't have to hold the price of the car to what it was at time of order. Ford are doing from a customer relationship point of view.

Imagine if it went the other way. You order a car with a list price of £34,995. By the time it's delivered a shift in the exchange rate means it's now only £31,995. What price do you want on the invoice?
The price I paid the deposit on
As with anything its all pot luck, and when ever has a new car gone "down" in price, and if the exchange rate changes, would Ford drop the price of the car?
You take out a loan, fixed rate.
Buy s TV i paid the price, 3 weeks later it went down £200 what could i do


Edited by goldengooner on Monday 25th April 12:39

Roo

11,503 posts

207 months

Monday 25th April 2016
quotequote all
Alright, I'll bow to your far greater knowledge than mine of the retail motor trade in the UK.