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People Walking Away From Custom Hellcat Orders

16845 Views 325 Replies 60 Participants Last post by  Jimmy N.
Interesting Video 馃 good points made

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'23 Redeye Jailbreak
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A lot of the high ADM sales offerings also come with high down payments. Take me for example. I can afford to finance a Jailbreak with a high ADM. I absolutely won't do that, but if push comes to shove, I could swing the payments on a no money down, 7-8yr loan. What I can't do is easily afford the 20-30k down payment to cover the ADM plus the added markup and resulting high payment. With any other car, like the C8 I have on order, I can take that 20k and pay down the balance and reduce my payment and/or shorten the term, rather than string it out for 96 months and end up paying tens of thousands in added interest.

Redeyes are cool and all, but they're not worth $120k, $150k, or more.
 

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'23 Redeye Jailbreak
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Im sorry but i call bullshit on some of this. Nobody who has had a hellcat, or was in the market for a hellcat, then said **** it and ordered a V6. Anyone who was or has ever been seriously in the market for a hellcat is not buying a v6 mopar. stop it

Dodge is not the only brand and if you ordered a hellcat and then the price goes up or the intrest goes up, there are a ton of other cars which are similar enough that you can go get one
Agree 100%. Just today I was at my local Chevy dealer for an oil change and they have a triple black ZL1 convertible for sale. 77k, fully loaded with just about everything minus the 1LE package. NAV, premium sound, all the tech options... for 30-40k less than the average Redeye (and arguably pretty darn close to it in straight line performance).

There are definitely alternatives to be had. I'm no Camaro fan, but IMO, a supercharged convertible is a pretty nice thing.
 

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I don't understand how someone would pay the ADM in the first place! I also think that it's Stupid to help the dealers out with financing deals for selling cars that could've been sold at sticker but weren't sold because of being Greedy (ridiculous ADM's)!

Whether of not the Manufacturer's realize it or not, those dealerships reflect back on them by being a representative and by not stopping them from adding ADM, shows that they can't control their reps. By giving financing deals will help sell cars, but by offering them is like rewarding a child for bad behavior and telling them that it's alright, we'll bail you out!

What they should do is find the greedy dealership's and cut their allocations. When they've proven that they can be good representative's of the brand (no ADM's), then they can get back on the allocation list.

Just a thought!



You're right! I got my adages mixed up! Thanks for the correction! :)

Also, Sorry SickToo but Thanks for the "Pack Sand" Definition and in a way your definition still fits what the dealer adding the ADM can do with their car!
Well, dealerships are privately owned. They aren't corporate franchises. There's only so much they can do. The manufacturer, like Ford, can try and curb price gouging, but for every dealership they penalize, there's 5 more that do it anyway. Once the dealership takes the car into inventory, they own it. It's their property. In most cases, they can sell it however they want.

And usually, the high ADM dealers that regularly do it are also high volume sellers. So, it usually pays for the manufacturer to turn a blind eye. Even in today's modern tech world, most car buyers are stupid and don't know just how bad they're getting taken for a ride... or they buy into the shpeel, "In these times, everyone's charging a premium. It's just how it is." But luxury/high performance vehicle markets are different. They don't generally follow economic trends and are typically insulated from things like high inflation and so on. That's because most buyers in this bracket aren't affected as much as the folks who generally buy in the 15-25k bracket. Spending an extra 10 grand for someone who makes 300k per year is not the same as for someone who makes 50k.
 

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Good points and all True but it doesn't stop it from making it wrong!
See, I'm a pure capitalist. It sucks when it's something you want, but in spirit, I don't have an issue with it. The market will bear what the customer will pay. Luxury buyers don't place the same value on a dollar as others do. A single mom with 2 kids values a dollar a lot more than someone who has 50 thousand of those dollars sitting in the bank making interest. As such, those buyers will just as well over spend on a car if it is one they have to have. They might go, "Ah, this price blows" and try and negotiate on it, but if it is something they want but have to overpay to get it, they'll do it. These overpriced cars aren't intended to be sold to common people. They're being sold to the people ringing their phones off the hook from 5 states away looking to snag an available car in the spec they want.

Case in point, at the height of the Great Depression, one of the most beautiful cars ever made was laid down in the form of the '36-'37 supercharged Auburn Speedster. Rich folks scooped them up while the common man was eating lunch in soup lines:

Tire Wheel Vehicle Car Sky


Wheel Tire Vehicle Car Motor vehicle
 
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