Price increase already on 2024 Mustangs!

[wilkinda65]

tri -coat is beautiful and worth every penny but it can be a bitch to match if ever in an accident

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[dollybud]

In summary, in the overwhelming majority of sales: yes.

While Ford can offer Price Protection, are dealers required to support it? No.

If in a situation where you have an order in but the dealer will not support protection, ultimately, you can walk, with the dealer attempting to sell the car at the new, higher price. This could happen. I'm sure there are examples out there. But the salesperson has already done the heavy lifting and gotten the sale. You're just waiting for the car to arrive. It's like they have a lock on profit and commission, but would have to give that up while risking selling your spec to someone who wanted it (paint, trans, other options).

If the price increase is on the car and options, processes might have changed, but Ford used to advertise those increases ahead of time, like 30-60 days before; this would give any who'd yet to commit to an order incentive to do so. In those same statements, Ford would confirm it's Price Protection program: orders placed before the specified date were covered with those dealers which supported.

But if the changes are due to destination and delivery, taxes, etc., those are immediate and the buyer eats those.

Regarding Price Protection, each person needs to check with their individual dealer. The overwhelming majority of dealers support. But I can give two examples when they might not:

1. I'd previously read of some clients, a handful, involving invoice or below invoice deals. They placed an order for an incredibly good deal. But when price increases occurred, they were not afforded Price Protection. These buyers paid a new price which reflected the increases.

2. There have been some dealers which do not support Price Protection. You've placed an order for an MSRP build. Price increases later occur. You buy the car anyway. The dealer later applies for and receives Price Protection, and then pockets it. Fortunately, these examples are rare.

My build witnessed $4K of price increases while I was waiting, all of which were covered. When the window sticker was finally published, all those new $ increases were listed. All the documents had been updated. I confirmed with the dealer they would support Price Protection and they listed the specific dollar amount I'd receive, the adjustment.

Price Protection can work in one of two ways:

1. The car arrives. You're aware of the $ changes and the dealer has confirmed Price Protection. You buy the car at the original, agreed-to price and drive off. The dealer confirms the person who bought the car is the same who ordered it, and applies for Price Protection. At this moment, the dealer is at a $ loss. Ford processes the dealer request, and gifts the difference to the dealer, in about six weeks. From your perspective, the entire process has been transparent. Nothing has changed.

2. The car arrives. You're aware of the changes and the dealer has confirmed Price Protection. You pay the new price. Somewhere along the way, you and the dealer have come to an agreement, in writing: they will apply for Price Protection, with the $ ultimately coming to you. I'm aware of a handful of instances this has happened, but these are rare. Anyone in this position, to help facilitate you receiving your funds, withhold all surveys after the sale; this effectively withholds the salesperson's commission until you receive your check.

What happened to me was ordered GT yellow splash, only option was active exhaust listed on bill of sale signed by dealer and me. During 3 months till delivery I kept paying part of the price down
Delivery day arrived go pick up car and pay rest in full. I go with dealer to pick up the ownership, back to dealership to pick up car and he says you owe me $800+tax for the Yellow Paint. I said your kidding I’ve been here now 4 times and now You say I owe you more money when I have a bill of sale paid in full. He won’t give me the keys till I pay him. Out with credit card and away I go. I phone next day and talk to the father, his son is the sales person. Go through the whole spiel and he and I agree he sends me a check for $500. I am out 400. for their mistake. By this time I don’t care, I’ve got my beautiful 6 speed Yellow Slash Mustang. Buyer be aware. PS I took off his back dealership plate holder.

I haven't been tracking all the price changes which have occurred this MY. It reads like, at the time you placed the order, Yellow Splash was not a premium color. Currently at Ford's web site, Yellow Splash is a $995 USD option.

Unfortunately, it sounds like your dealer is one of the few which does not support Price Protection. They pocket the difference (or in your case, half) and do not pass it on to the Customer.

 

[dollybud]

In summary, in the overwhelming majority of sales: yes.

While Ford can offer Price Protection, are dealers required to support it? No.

If in a situation where you have an order in but the dealer will not support protection, ultimately, you can walk, with the dealer attempting to sell the car at the new, higher price. This could happen. I'm sure there are examples out there. But the salesperson has already done the heavy lifting and gotten the sale. You're just waiting for the car to arrive. It's like they have a lock on profit and commission, but would have to give that up while risking selling your spec to someone who wanted it (paint, trans, other options).

If the price increase is on the car and options, processes might have changed, but Ford used to advertise those increases ahead of time, like 30-60 days before; this would give any who'd yet to commit to an order incentive to do so. In those same statements, Ford would confirm it's Price Protection program: orders placed before the specified date were covered with those dealers which supported.

But if the changes are due to destination and delivery, taxes, etc., those are immediate and the buyer eats those.

Regarding Price Protection, each person needs to check with their individual dealer. The overwhelming majority of dealers support. But I can give two examples when they might not:

1. I'd previously read of some clients, a handful, involving invoice or below invoice deals. They placed an order for an incredibly good deal. But when price increases occurred, they were not afforded Price Protection. These buyers paid a new price which reflected the increases.

2. There have been some dealers which do not support Price Protection. You've placed an order for an MSRP build. Price increases later occur. You buy the car anyway. The dealer later applies for and receives Price Protection, and then pockets it. Fortunately, these examples are rare.

My build witnessed $4K of price increases while I was waiting, all of which were covered. When the window sticker was finally published, all those new $ increases were listed. All the documents had been updated. I confirmed with the dealer they would support Price Protection and they listed the specific dollar amount I'd receive, the adjustment.

Price Protection can work in one of two ways:

1. The car arrives. You're aware of the $ changes and the dealer has confirmed Price Protection. You buy the car at the original, agreed-to price and drive off. The dealer confirms the person who bought the car is the same who ordered it, and applies for Price Protection. At this moment, the dealer is at a $ loss. Ford processes the dealer request, and gifts the difference to the dealer, in about six weeks. From your perspective, the entire process has been transparent. Nothing has changed.

2. The car arrives. You're aware of the changes and the dealer has confirmed Price Protection. You pay the new price. Somewhere along the way, you and the dealer have come to an agreement, in writing: they will apply for Price Protection, with the $ ultimately coming to you. I'm aware of a handful of instances this has happened, but these are rare. Anyone in this position, to help facilitate you receiving your funds, withhold all surveys after the sale; this effectively withholds the salesperson's commission until you receive your check.

What happened to me was ordered GT yellow splash, only option was active exhaust listed on bill of sale signed by dealer and me. During 3 months till delivery I kept paying part of the price down
Delivery day arrived go pick up car and pay rest in full. I go with dealer to pick up the ownership, back to dealership to pick up car and he says you owe me $800+tax for the Yellow Paint. I said your kidding I’ve been here now 4 times and now You say I owe you more money when I have a bill of sale paid in full. He won’t give me the keys till I pay him. Out with credit card and away I go. I phone next day and talk to the father, his son is the sales person. Go through the whole spiel and he and I agree he sends me a check for $500. I am out 400. for their mistake. By this time I don’t care, I’ve got my beautiful 6 speed Yellow Slash Mustang. Buyer be aware. PS I took off his back dealership plate holder.

I haven't been tracking all the price changes which have occurred this MY. It reads like, at the time you placed the order, Yellow Splash was not a premium color. Currently at Ford's web site, Yellow Splash is a $995 USD option.

Unfortunately, it sounds like your dealer is one of the few which does not support Price Protection. They pocket the difference (or in your case, half) and do not pass it on to the Customer.

He also showed me the Window Sticker that I have which shows the paint as a option. As a bluff I said are you willing to refund my total cost? No problem was the answer! Technically I got a deal seeing it cost me $400.00 tax included Canadian compared to $995.00 USD. This makes me happy knowing he only got $400. CDN to pocket. Thanks for your imput.

 

[dollybud]

In summary, in the overwhelming majority of sales: yes.

While Ford can offer Price Protection, are dealers required to support it? No.

If in a situation where you have an order in but the dealer will not support protection, ultimately, you can walk, with the dealer attempting to sell the car at the new, higher price. This could happen. I'm sure there are examples out there. But the salesperson has already done the heavy lifting and gotten the sale. You're just waiting for the car to arrive. It's like they have a lock on profit and commission, but would have to give that up while risking selling your spec to someone who wanted it (paint, trans, other options).

If the price increase is on the car and options, processes might have changed, but Ford used to advertise those increases ahead of time, like 30-60 days before; this would give any who'd yet to commit to an order incentive to do so. In those same statements, Ford would confirm it's Price Protection program: orders placed before the specified date were covered with those dealers which supported.

But if the changes are due to destination and delivery, taxes, etc., those are immediate and the buyer eats those.

Regarding Price Protection, each person needs to check with their individual dealer. The overwhelming majority of dealers support. But I can give two examples when they might not:

1. I'd previously read of some clients, a handful, involving invoice or below invoice deals. They placed an order for an incredibly good deal. But when price increases occurred, they were not afforded Price Protection. These buyers paid a new price which reflected the increases.

2. There have been some dealers which do not support Price Protection. You've placed an order for an MSRP build. Price increases later occur. You buy the car anyway. The dealer later applies for and receives Price Protection, and then pockets it. Fortunately, these examples are rare.

My build witnessed $4K of price increases while I was waiting, all of which were covered. When the window sticker was finally published, all those new $ increases were listed. All the documents had been updated. I confirmed with the dealer they would support Price Protection and they listed the specific dollar amount I'd receive, the adjustment.

Price Protection can work in one of two ways:

1. The car arrives. You're aware of the $ changes and the dealer has confirmed Price Protection. You buy the car at the original, agreed-to price and drive off. The dealer confirms the person who bought the car is the same who ordered it, and applies for Price Protection. At this moment, the dealer is at a $ loss. Ford processes the dealer request, and gifts the difference to the dealer, in about six weeks. From your perspective, the entire process has been transparent. Nothing has changed.

2. The car arrives. You're aware of the changes and the dealer has confirmed Price Protection. You pay the new price. Somewhere along the way, you and the dealer have come to an agreement, in writing: they will apply for Price Protection, with the $ ultimately coming to you. I'm aware of a handful of instances this has happened, but these are rare. Anyone in this position, to help facilitate you receiving your funds, withhold all surveys after the sale; this effectively withholds the salesperson's commission until you receive your check.

What happened to me was ordered GT yellow splash, only option was active exhaust listed on bill of sale signed by dealer and me. During 3 months till delivery I kept paying part of the price down
Delivery day arrived go pick up car and pay rest in full. I go with dealer to pick up the ownership, back to dealership to pick up car and he says you owe me $800+tax for the Yellow Paint. I said your kidding I’ve been here now 4 times and now You say I owe you more money when I have a bill of sale paid in full. He won’t give me the keys till I pay him. Out with credit card and away I go. I phone next day and talk to the father, his son is the sales person. Go through the whole spiel and he and I agree he sends me a check for $500. I am out 400. for their mistake. By this time I don’t care, I’ve got my beautiful 6 speed Yellow Slash Mustang. Buyer be aware. PS I took off his back dealership plate holder.

I haven't been tracking all the price changes which have occurred this MY. It reads like, at the time you placed the order, Yellow Splash was not a premium color. Currently at Ford's web site, Yellow Splash is a $995 USD option.

Unfortunately, it sounds like your dealer is one of the few which does not support Price Protection. They pocket the difference (or in your case, half) and do not pass it on to the Customer.

He also showed me the Window Sticker that I have which shows the paint as a option. As a bluff I said are you willing to refund my total cost? No problem was the answer! Technically I got a deal seeing it cost me $400.00 tax included Canadian compared to $995.00 USD. This makes me happy knowing he only got $400. CDN to pocket. Thanks for your imput.

 

[dollybud]

In summary, in the overwhelming majority of sales: yes.

While Ford can offer Price Protection, are dealers required to support it? No.

If in a situation where you have an order in but the dealer will not support protection, ultimately, you can walk, with the dealer attempting to sell the car at the new, higher price. This could happen. I'm sure there are examples out there. But the salesperson has already done the heavy lifting and gotten the sale. You're just waiting for the car to arrive. It's like they have a lock on profit and commission, but would have to give that up while risking selling your spec to someone who wanted it (paint, trans, other options).

If the price increase is on the car and options, processes might have changed, but Ford used to advertise those increases ahead of time, like 30-60 days before; this would give any who'd yet to commit to an order incentive to do so. In those same statements, Ford would confirm it's Price Protection program: orders placed before the specified date were covered with those dealers which supported.

But if the changes are due to destination and delivery, taxes, etc., those are immediate and the buyer eats those.

Regarding Price Protection, each person needs to check with their individual dealer. The overwhelming majority of dealers support. But I can give two examples when they might not:

1. I'd previously read of some clients, a handful, involving invoice or below invoice deals. They placed an order for an incredibly good deal. But when price increases occurred, they were not afforded Price Protection. These buyers paid a new price which reflected the increases.

2. There have been some dealers which do not support Price Protection. You've placed an order for an MSRP build. Price increases later occur. You buy the car anyway. The dealer later applies for and receives Price Protection, and then pockets it. Fortunately, these examples are rare.

My build witnessed $4K of price increases while I was waiting, all of which were covered. When the window sticker was finally published, all those new $ increases were listed. All the documents had been updated. I confirmed with the dealer they would support Price Protection and they listed the specific dollar amount I'd receive, the adjustment.

Price Protection can work in one of two ways:

1. The car arrives. You're aware of the $ changes and the dealer has confirmed Price Protection. You buy the car at the original, agreed-to price and drive off. The dealer confirms the person who bought the car is the same who ordered it, and applies for Price Protection. At this moment, the dealer is at a $ loss. Ford processes the dealer request, and gifts the difference to the dealer, in about six weeks. From your perspective, the entire process has been transparent. Nothing has changed.

2. The car arrives. You're aware of the changes and the dealer has confirmed Price Protection. You pay the new price. Somewhere along the way, you and the dealer have come to an agreement, in writing: they will apply for Price Protection, with the $ ultimately coming to you. I'm aware of a handful of instances this has happened, but these are rare. Anyone in this position, to help facilitate you receiving your funds, withhold all surveys after the sale; this effectively withholds the salesperson's commission until you receive your check.

What happened to me was ordered GT yellow splash, only option was active exhaust listed on bill of sale signed by dealer and me. During 3 months till delivery I kept paying part of the price down
Delivery day arrived go pick up car and pay rest in full. I go with dealer to pick up the ownership, back to dealership to pick up car and he says you owe me $800+tax for the Yellow Paint. I said your kidding I’ve been here now 4 times and now You say I owe you more money when I have a bill of sale paid in full. He won’t give me the keys till I pay him. Out with credit card and away I go. I phone next day and talk to the father, his son is the sales person. Go through the whole spiel and he and I agree he sends me a check for $500. I am out 400. for their mistake. By this time I don’t care, I’ve got my beautiful 6 speed Yellow Slash Mustang. Buyer be aware. PS I took off his back dealership plate holder.

I haven't been tracking all the price changes which have occurred this MY. It reads like, at the time you placed the order, Yellow Splash was not a premium color. Currently at Ford's web site, Yellow Splash is a $995 USD option.

Unfortunately, it sounds like your dealer is one of the few which does not support Price Protection. They pocket the difference (or in your case, half) and do not pass it on to the Customer.

He also showed me the Window Sticker that I have which shows the paint as a option. As a bluff I said are you willing to refund my total cost? No problem was the answer! Technically I got a deal seeing it cost me $400.00 tax included Canadian compared to $995.00 USD. This makes me happy knowing he only got $400. CDN to pocket. Thanks for your imput.

 

[dollybud]

In summary, in the overwhelming majority of sales: yes.

While Ford can offer Price Protection, are dealers required to support it? No.

If in a situation where you have an order in but the dealer will not support protection, ultimately, you can walk, with the dealer attempting to sell the car at the new, higher price. This could happen. I'm sure there are examples out there. But the salesperson has already done the heavy lifting and gotten the sale. You're just waiting for the car to arrive. It's like they have a lock on profit and commission, but would have to give that up while risking selling your spec to someone who wanted it (paint, trans, other options).

If the price increase is on the car and options, processes might have changed, but Ford used to advertise those increases ahead of time, like 30-60 days before; this would give any who'd yet to commit to an order incentive to do so. In those same statements, Ford would confirm it's Price Protection program: orders placed before the specified date were covered with those dealers which supported.

But if the changes are due to destination and delivery, taxes, etc., those are immediate and the buyer eats those.

Regarding Price Protection, each person needs to check with their individual dealer. The overwhelming majority of dealers support. But I can give two examples when they might not:

1. I'd previously read of some clients, a handful, involving invoice or below invoice deals. They placed an order for an incredibly good deal. But when price increases occurred, they were not afforded Price Protection. These buyers paid a new price which reflected the increases.

2. There have been some dealers which do not support Price Protection. You've placed an order for an MSRP build. Price increases later occur. You buy the car anyway. The dealer later applies for and receives Price Protection, and then pockets it. Fortunately, these examples are rare.

My build witnessed $4K of price increases while I was waiting, all of which were covered. When the window sticker was finally published, all those new $ increases were listed. All the documents had been updated. I confirmed with the dealer they would support Price Protection and they listed the specific dollar amount I'd receive, the adjustment.

Price Protection can work in one of two ways:

1. The car arrives. You're aware of the $ changes and the dealer has confirmed Price Protection. You buy the car at the original, agreed-to price and drive off. The dealer confirms the person who bought the car is the same who ordered it, and applies for Price Protection. At this moment, the dealer is at a $ loss. Ford processes the dealer request, and gifts the difference to the dealer, in about six weeks. From your perspective, the entire process has been transparent. Nothing has changed.

2. The car arrives. You're aware of the changes and the dealer has confirmed Price Protection. You pay the new price. Somewhere along the way, you and the dealer have come to an agreement, in writing: they will apply for Price Protection, with the $ ultimately coming to you. I'm aware of a handful of instances this has happened, but these are rare. Anyone in this position, to help facilitate you receiving your funds, withhold all surveys after the sale; this effectively withholds the salesperson's commission until you receive your check.

What happened to me was ordered GT yellow splash, only option was active exhaust listed on bill of sale signed by dealer and me. During 3 months till delivery I kept paying part of the price down
Delivery day arrived go pick up car and pay rest in full. I go with dealer to pick up the ownership, back to dealership to pick up car and he says you owe me $800+tax for the Yellow Paint. I said your kidding I’ve been here now 4 times and now You say I owe you more money when I have a bill of sale paid in full. He won’t give me the keys till I pay him. Out with credit card and away I go. I phone next day and talk to the father, his son is the sales person. Go through the whole spiel and he and I agree he sends me a check for $500. I am out 400. for their mistake. By this time I don’t care, I’ve got my beautiful 6 speed Yellow Slash Mustang. Buyer be aware. PS I took off his back dealership plate holder.

I haven't been tracking all the price changes which have occurred this MY. It reads like, at the time you placed the order, Yellow Splash was not a premium color. Currently at Ford's web site, Yellow Splash is a $995 USD option.

Unfortunately, it sounds like your dealer is one of the few which does not support Price Protection. They pocket the difference (or in your case, half) and do not pass it on to the Customer.

He also showed me the Window Sticker that I have which shows the paint as a option. As a bluff I said are you willing to refund my total cost? No problem was the answer! Technically I got a deal seeing it cost me $400.00 tax included Canadian compared to $995.00 USD. This makes me happy knowing he only got $400. CDN to pocket. Thanks for your input.

 

[Skye]

He also showed me the Window Sticker that I have which shows the paint as a option...Technically I got a deal seeing it cost me $400.00 tax included Canadian compared to $995.00 USD.

@Bikeman315 clarified the pricing history for this color earlier. It appears right around the time you placed your order or nearing production, Ford updated or was changing the paint, color and pricing. Fortunately, it reads everything broke in your favor: even better color at 1/2 off. Glad things worked out.

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