Price negotiated from MSRP

[BowDown]

Just received an email from a dealer I’ve been going back and forth with over the last couple months advising me that they are offering big discounts in order to make room for incoming inventory.
Tides maybe changing here soon...or just more dealer BS.

As am I

 

[BowDown]

I would love to be wrong but it’s not just that FCA is running at 33% (one shift) it’s the part suppliers in Mexico etc. The whole supply chain was disrupted. The same is true for the big three. They’ll just keep offering to extend people’s leases for those that lease.

I don't really believe that it will take that long to turn up production, too many people are ready to go back to work and to many industries arent making money

 

[Redd_Jedd]

I don't really believe that it will take that long to turn up production, too many people are ready to go back to work and to many industries arent making money

Even once some of the unemployed get their jobs back, a lot of people will still be left behind. These big events are usually paradigm shifts, so while people expect things to return back to "normal", but rather some combination of factors to make a "new" normal. Also, sales were predicted to be lower this year than last.

It really depends on your time frame. I think this is accurate.

Same here...I say no thanks and they don’t counter or call back. 100% cut in production and only a 50% drop in demand = seller’s market...for now. Demand will continue to drop but as supply drops dealers will still be in the driver’s seat until production ramps up which will be 2-3 months away and hopefully before the second wave of COVID hits in the early fall timeframe similar to the 1918 pandemic. We may not see meaningful incentives until Aug/Sep if at all.

It is always supply and demand. March was going to be a good month with Truck Month incentives. I think sales remained high for Ram because there were many who wanted to buy a truck before inventory ran out coupled with good incentives, so this accelerated the time to buy for some. Supply and demand may be somewhat even as those who wanted/could buy did and are in lower numbers now, just as inventory is. So dealers can put out fluff pieces like that article and it seems true. This is a short term state if production is not interrupted again. Once production ramps up and supplies get back down to the lots, it may start to out pace demand.

 

[Lil Miss Always Wrong]

Even once some of the unemployed get their jobs back, a lot of people will still be left behind. These big events are usually paradigm shifts, so while people expect things to return back to "normal", but rather some combination of factors to make a "new" normal. Also, sales were predicted to be lower this year than last.

It really depends on your time frame. I think this is accurate.



It is always supply and demand. March was going to be a good month with Truck Month incentives. I think sales remained high for Ram because there were many who wanted to buy a truck before inventory ran out coupled with good incentives, so this accelerated the time to buy for some. Supply and demand may be somewhat even as those who wanted/could buy did and are in lower numbers now, just as inventory is. So dealers can put out fluff pieces like that article and it seems true. This is a short term state if production is not interrupted again. Once production ramps up and supplies get back down to the lots, it may start to out pace demand.

Maybe so but what concerns me is that i think BEFORE they begin to "RAMp up production" they are going to have A LOT more factors to consider than ever before, hence my opinion that units are going to be a lot more scarce and custom orders are going to be A LOT longer of a wait, and sadly, i think, a lot less discounted.....

They will be looking at the BIG PICTURE, and since "production" is more of a challenge than it has ever been in recent times, i think they will be considering production COSTS vs PROFITS, and you might be surprised that they will be thinking TWICE about just "kicking out units"...

i think its going to be a much more careful & guarded distribution that will result in MUCH less selection... Just my take.. and i totally hope i'm wrong & that by the fall the "lots will be plentiful with amazing deals to be had"... i'm just not feeling that tho

Personally i'd like to see Dealers removed from the process all together, buy directly from the Mfg ONLINE, a car carrier comes to your door delivers ur new vehicle, picks up your trade and DONE! I'm all for negotiating, but honestly, observing the "new way dealers have been conducting their business with little or no movement on their pricing" and "refusing to appraise trades at anything but book value", who needs them?!

 

[Sir Ramcelot]

Even once some of the unemployed get their jobs back, a lot of people will still be left behind. These big events are usually paradigm shifts, so while people expect things to return back to "normal", but rather some combination of factors to make a "new" normal. Also, sales were predicted to be lower this year than last.

It really depends on your time frame. I think this is accurate.



It is always supply and demand. March was going to be a good month with Truck Month incentives. I think sales remained high for Ram because there were many who wanted to buy a truck before inventory ran out coupled with good incentives, so this accelerated the time to buy for some. Supply and demand may be somewhat even as those who wanted/could buy did and are in lower numbers now, just as inventory is. So dealers can put out fluff pieces like that article and it seems true. This is a short term state if production is not interrupted again. Once production ramps up and supplies get back down to the lots, it may start to out pace demand.

Yeah of course it’s always supply and demand but my point is these aren’t normal times and the supply/demand now isn’t what we’d normally see. Either way with 40+ million unemployed, cities being destroyed/burned/looted, people with uncertain financial futures, demand is going to fall off a cliff in the next couple months. Supply? We’ll see.

 

[BigD]

Trying to predict the supply/demand and/or incentives/prices over the next 6 months is like trying to predict the stock market.

 

[Sir Ramcelot]

Trying to predict the supply/demand and/or incentives/prices over the next 6 months is like trying to predict the stock market.

Guessing incentives I agree. Supply/demand isn't a guess when there's plenty of data and 40+ million are unemployed and we're still in the middle of a pandemic which was the reason for all those job losses. Anyone who thinks all those jobs are coming back with the snap of a finger (Avengers reference) is mistaken. The 2008 crisis took YEARS to recover and the peak unemployment rate was 10.2% in Oct 2009. As of the end of April, we were already at 14.7% and current figures now show around 21% by the end of May as unemployment has surged from 23.1 million at the end of Apr to more than 40 million already in May. We can accurately predict demand will be way down because it already is as each car maker has seen significant sales drops in month-over-month as compared to 2019. We can also accurately predict that supply won't get to the levels it was pre-Pandemic for months because of the supply chain issue as well. The only guess is how FCA will respond.

 

[Boston]

As inventory dwindles...and trust me I'm watching carefully, I can't help but notice that increasingly the only vehicles left on lots are equipped with six seats rather than five plus console. I sure hope Ram takes note of this paradigm shift in preference and reduces the production of six seater versions.

Exhibit one is a local deal who has 21 1500 on their lot and only 4 five seaters with are LTD and rebels. Frustrating to me as all the BH's have six seats, many with the 33 gallon tank and TBC that I want.

 

[Brianziggy64]

Well it appears that their “Memorial Day Sale Event” will be extended through June 1st (today). So we probably won’t see the June incentives till tomorrow at the earliest.

Looks like Ford and GM are extending their incentives through June 1st also. Are they waiting to see who blinks first and publishes their new incentives for June? Lol

 

[Redd_Jedd]

Yeah of course it’s always supply and demand but my point is these aren’t normal times and the supply/demand now isn’t what we’d normally see. Either way with 40+ million unemployed, cities being destroyed/burned/looted, people with uncertain financial futures, demand is going to fall off a cliff in the next couple months. Supply? We’ll see.

I agree - short term for those that want to buy now, supply is tight so dealers have the upper hand. Long term with unemployment high, buyers will see better deals. As in past economic down turns, incentive programs like "employee pricing" and "Truck Month" became big customer draws. I think manufacturers will need to create a new "insert name here" incentive program some time in the near future.

Sales were not predicted to outpace last year before the virus, unemployment, unrest, so those events will only contribute to lower sales. Once some/most/all of those things resolve and supply chain issues are return to normal, FCA, GM, Ford, etc. need to churn out units to make money and keep investors happy. They'll need to help dealer move that iron off lots so they'll need to provide incentives. Only question is how long will that all take - months, a year, years?

At this point I don't see June (or maybe even July) incentives to be anything greater than what they are now as manufacturers wait and see how things progress. I think they wait to see if they need to clean out inventory in August or September to give out better incentives is my guess.

 

[Lil Miss Always Wrong]

....At this point I don't see June (or maybe even July) incentives to be anything greater than what they are now as manufacturers wait and see how things progress. I think they wait to see if they need to clean out inventory in August or September to give out better incentives is my guess.

Looks like the only inventory they will have LEFT to clear out will be 6 seater units like Boston described

 

[Dramrod]

I don’t know about y’all. But i prefer the 6 seat. I’ve owned both and have a console in mine now. The seat lets me stretch out and have extra room for activities

 

[amandy23k]

As inventory dwindles...and trust me I'm watching carefully, I can't help but notice that increasingly the only vehicles left on lots are equipped with six seats rather than five plus console. I sure hope Ram takes note of this paradigm shift in preference and reduces the production of six seater versions.

Exhibit one is a local deal who has 21 1500 on their lot and only 4 five seaters with are LTD and rebels. Frustrating to me as all the BH's have six seats, many with the 33 gallon tank and TBC that I want.

Hi there, I am looking for a 6 seater Laramie and can not find one anywhere. There is no way to search for that criteria, any tips? Thank you!

 

[dallas]

I don’t know about y’all. But i prefer the 6 seat. I’ve owned both and have a console in mine now. The seat lets me stretch out and have extra room for activities

I bet you like to sit in the middle and go skiing!

 

[Ram1500OwnerMaybe]

I tried building one with a bench seat but when attempting to add on Night or same color body + dark rims it removed the bench seat and added back the other seats.

 

[Ram1500OwnerMaybe]

I bet you like to sit in the middle and go skiing!

 

[Boston]

Hi there, I am looking for a 6 seater Laramie and can not find one anywhere. There is no way to search for that criteria, any tips? Thank you!

I use zip codes in Charlotte NC plus Worcester Mass and always use a 150 mile radius.

 

[UDCentaur]

June incentives are up on the Ram site...Laramie lost $1,000 (well only $250 if you qualify for the prime incentive)...unless they haven't updated all the rebates yet

 

[Willwork4truck]

June incentives are up on the Ram site...Laramie lost $1,000 (well only $250 if you qualify for the prime incentive)...unless they haven't updated all the rebates yet

Remember the difference in factory start up, dealer inventories and such between late May and June isn’t much at all. If you are wanting better incentives then it’s likely going to be August, so might as well just order.

 

[Mitchrob85]

June incentives are up on the Ram site...Laramie lost $1,000 (well only $250 if you qualify for the prime incentive)...unless they haven't updated all the rebates yet

I thought may incentives for the Laramie were $3k and now they're up to $3750...