Sure but they get it back in spades if you finance. Saw the other day that the financing cost on a Z-06 was over $50,000 over the life of the loan. Wow . They make way more on the interest than they do on the vehicle.
Not only that but one can build their own engine which I'm sure would set back things even further.
The dealer gets charged back the financing commission if the loan is collapsed in the first 6 months. If the discount is based on financing there is a condition that you must keep the loan for either 6 to 12 months minimum.
He didn't say it here. In another thread he did, but it was 3K on any C8 order with financing. This is 1500 off so I assumed it's not financing.
Denis, the big dealers ordered everything they can get so they don't lose allocations. The smaller dealers still have a few on the waiting list, but some dealers do have cars sitting so the system would see that and offer them a lower allocation for that month.
You might want to check on that to confirm. You could be right when it comes to Chevrolet. My Ford dealer on My20 F150. Knew I was paying cash. We worked out the deal way below MSRP. Deal was done. Truck was being built. Took 8 weeks. At delivery time salesperson told me he could save me another $5,000 if I finance for 3.99% over 60 months. Told me it was an open loan so pay it in full on you first payment. Which I did. No repercussions on my end. Ford credit sent me my closing statement paid in full. All good.
I cannot speak to what Ford was doing before Covid and subsequent vehicle shortages when the market moved to MSRP. What I have been told is that loans that do not stay in place for 6 months get changed back. Is your sales manager still working there? There was some reason why he offered you that deal which probably included a volume bonus.
