Ordered Car is now built but showing $1500 more than when ordered

[DemonWorks]

I ordered on 3/30 and discussed that I would do X Plan. I got a printout showing msrp but not X Plan. Figured no big deal since it wasn't a full invoice / paying for the car right then ... Fast forward to today, the car is finally built and the price has gone up by $1495. The dealership is telling me that Ford will price protect me from when I ordered but if not, they will get a check sent to me for the difference. Only thing needed is for the name to match the order, which it will. Is there anything I can do in preparation to getting the car? I'm assuming it will be here in 2-3 weeks and just want to do all I can to get the lower price ....

3/30 msrp $56785 (x plan was 54k when I searched it online at that time)
8/30 msrp $58280 X Plan is 55471

To note, the car is currently on their website with $3000 off with $1000 in rebates ($54280) This means nothing except that the dealer is offering a larger discount than the X Plan

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[smurfslayer]

that’s almost a hundred smackers in sales tax, who’s covering that?

 

[mabcim]

At least know about price protection, that is good.
The fact that they say they may give you the difference later, not as good.
You want them to sell at the original, protected, price. No matter what way you are paying. Ford pays them in 45-ish days. If you let them give that to you later, you are eating the tax on that amount.

Any Ford rebates and interest rates, are a separate thing all together. You pick the rebate & rates from either when you ordered, or when you pick it up; whichever is better.

All of this is standard Ford stuff.

 

[Skye]

I'm enclosing some information with detail which could help.

Best Wishes at pickup.

https://www.mustang7g.com/forums/threads/new-car-acceptance-checklist.158844/

^ This is a thread with a great checklist on what to look for when taking receipt.

I'm going to quote myself, experience with price protection and your options.

You might have already done this, but I'd ask them to identify to you where that cost and line item are in the order which was placed. There should be a single reference for that paint, at $X.

If any price increases happened after an order was put in, Ford does offer Price Protection.

Dealer places an order for car at $X. Ford later increases their pricing. Immediately after the increase, all future documents generated by Ford reflect the new pricing, to include the invoice, window sticker, etc. Car later arrives at dealer with $$$ and document changes. Their invoice price has now stepped up. They're buying the car from Ford at that new price. But they can now apply for Price Protection.

For Price Protection to happen, the same person that ordered the car has to be the same one purchasing, which is not a concern here.

Price Protection can work in several ways.

First, the dealer might not support Price Protection; they're not required to. They could attempt to sell the car to you at the new price. A handful of dealers have been known to do this. They shrug their shoulders and ask the customer to pay those increases. In the background, they invoke Price Protection, get the check, and pocket it. These instances, fortunately, are rare. In these cases, the buyer is left with the choice of paying for those increases and accepting the car, or passing on the purchase while starting anew.

If the dealer supports it, the protection can pay out in one of two ways.

In the way described in the post above, the customer pays the new price, with the dealer later forwarding the check to the customer. If this method is used, get that agreement in writing. Further, withhold all surveys until you have check in-hand. After-sale dealer surveys directly tie to commission payments to the sales person; he doesn't get paid until you get paid. If the check is being forwarded to the buyer, it can take several weeks or longer to arrive.

The most common method of Price Protection is the customer pays the original pricing. Any increases which happened after the order went in are transparent; it's like they never happened. Dealer attests to Ford the person buying the car is the same who ordered it, applies for protection and later pockets the check. In this method, the dealer is temporarily short. They bought the car at the new, higher price, then sold it to you at the original, lower price.

Price Protection does not apply to destination and delivery charges, or changes in the gas guzzler tax.

 

[DemonWorks]

Thanks for the reply ! I also came across this thread that explains it similar to how myc dealer explained it. SHould be no issue...

https://www.mavericktruckclub.com/forum/threads/anyone-know-price-level-info.20444/

 

[Wiley Marmot]

Best of luck when discussing the issue/s with them!

 

[Radiant]

that’s almost a hundred smackers in sales tax, who’s covering that?

It's only money, they print more of it every day.

I'm only half kidding there, if you can afford a new car, your time is probably more expensive than your money. That said, the dealer should get it sorted out with the price protection.

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