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Varchild2008 (85.18)

How FORD sells cars.....

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March 08, 2010 – Comments (5) | RELATED TICKERS: F

If anyone of you think "CASH FOR CLUNKERS" is over......  You would be wrong! 

Because at some dealerships (F) FORD is still exercising a sort of a Cash for Clunkers program...

I've gotten for the 2nd time a letter in the mail from a local Ford Motor Company Dealership paraphrasing,

"Our records show you have a Ford XXX  2003 model.  Ford Motor Company is in desperate need for these cars and wants to buy your car above market prices.  This coming X  day, X day, X day, this week we are hosting an Appraisal event.  Take in your car and get:

A)  Free Oil Change

B)  Free Filter Change

and

C)  Free Appraisal of your car."


hmm... think about it.... turn in your car....get paid more than it is worth per something like Kelly Blue Book.... Which you would then use to UPGRADE your car to the latest model.... OR if you are not interested in selling your car you may still get a Free Oil Change + Filter Change for your trouble.

Yes.... CASH FOR CLUNKERS is still in full effect and may be another reason behind the scenes of FORD's dealerships how they were able to extend Cash for Clunkers beyond it's original lifespan.

In other words..... (F) Ford is managed quite well....very well....treating their customers well in the process.  I think this is one of the coolest incentive programs I've seen from a Car Company in quite awhile.

5 Comments – Post Your Own

#1) On March 08, 2010 at 6:58 PM, Varchild2008 (85.18) wrote:

DISCLOSURE:  I own 564 shares of (F) FORD.

But seriously.... Do I have to disclose when my holdings are already available for people to see in my Profile?

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#2) On March 08, 2010 at 10:01 PM, karate1000 (< 20) wrote:

Clunkers screwed things up. No offense but I can't believe anyone is crazy enough to buy a new cars from a dealer right now in this economy. Considering that a healthy chunk of 2010 Cash 4 Clunkers cars have already been repossessed (i.e. http://repofinder.com) why not just go to local banks and credit unions and buy these repo cars back for half the retail price? If you're going to buy junk at least don't over pay.

 

Full disclosure...I do NOT own any automotive stocks. 

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#3) On March 08, 2010 at 10:32 PM, ChrisGraley (29.63) wrote:

That's not new Varichild, they have been doing it for years and it's not just Ford.

They always seem to be in desperate need of your particular make and model too!

The fun times start when you are stuck talking to a salesman for an hour or 2 waiting on a free oil change that takes an extra long time. 

Meanwhile they have already ran your credit and pre-approved you for a new car that you didn't know that you were buying until you got there.

 

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#4) On March 09, 2010 at 6:02 PM, Varchild2008 (85.18) wrote:

Thanks for the tip cause I was seriously thinking of getting my car appraised.

Of course when I called my bank and found out that the loan $ balance was still a tad high.... Kinda want to pay off the remainder of my car before I buy a new one.

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#5) On March 25, 2010 at 10:50 PM, BrandonPaulChevy (< 20) wrote:

Well, they really need to hurry up before its too late. I think they are even trading 2002 ford ranger parts for new ones. This is how desperate Ford is.

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