OT: Ford GT
#166
but I disagree with the way Ford did this.
The process is said to reward loyalty, but given the small number of GTs available, most likely it will tend to reward buttkissing, insider access and self-promotion.
Also, because they did not vet people financially as part of this process, my bet is that many of those chosen on the strength of their social media credentials -- those that don't have a long track record of buying and keeping Ford vehicles -- will not ultimately turn into purchasers of a $450,000 car for which no bank financing or leasing will likely be available or feasible.
The process is said to reward loyalty, but given the small number of GTs available, most likely it will tend to reward buttkissing, insider access and self-promotion.
Also, because they did not vet people financially as part of this process, my bet is that many of those chosen on the strength of their social media credentials -- those that don't have a long track record of buying and keeping Ford vehicles -- will not ultimately turn into purchasers of a $450,000 car for which no bank financing or leasing will likely be available or feasible.
#167
Originally Posted by GuyIncognito
I agree Ford might be in for a rude awakening with some of their chosen buyers not being able to afford them (IMO the application should have required a 10% deposit, refundable if not chosen). However, why do you think financing wouldn't be available or feasible on this car? I routinely see finance offers at exotic car dealers up to 120 months. when there's a will, there's a way, it seems.
#168
Curious to see the parameters for purchase eligibility. Will owners have to hold for a while - or just pump and dump like every other car?
#170
Rennlist Member
#172
Rennlist Member
Those who got an allocation (except for the extremely public ones that posted on YouTube), what's your stable look like? Do you have extensive Ford history?
I'm just curious what Ford may have used as criteria, as I'm hearing from a lot of friends who were overqualified (i.e., own the GT500, GT350, a Ford GT) and didn't get one.
I'm just curious what Ford may have used as criteria, as I'm hearing from a lot of friends who were overqualified (i.e., own the GT500, GT350, a Ford GT) and didn't get one.
#173
Rennlist Member
#178
Three Wheelin'
As I've said many times it doesn't matter what fancy dog and pony show they conceive to allocate limited production cars, at end of day the equation has same answer..... low production + high demand = Upset potential customers left behind
#179
Even if they put $100k down and get 6% financing for 10 years that is a $4,100 a month payment......there won"t be many you tubers being able to swing that
#180
Say that to Captainsparklez (the Minecraft youtuber with 10 millions subs that got one) who made enough $$$ to buy a 4M$ house in Beverly Hills.