Help w/dealer pricing please
Thread Starter
Race Director
Joined: Aug 1999
Posts: 13,248
Likes: 2,503
From: Bluffton SC via Canton Oh
Help w/dealer pricing please
What is the meaning of w dfc in a dealers pricing proposal? My dealer gave me the following on my order....
msrp 71320
invoice w dfc 67818
gms w dfc 64101
supplier w dfc 66713
i assume invoice is dealer invoice. BUT. When I used the spreadsheet off the forum to build the car I got
dealer invoice of 64999 and dealer cost of 60786
i know there are games to be played but there’s are a few ks bouncing around. We initially agreed to dealer invoice plus $500, but it looks like there are 2 dealer invoice numbers being tossed around.
Both the spreadsheet and his recap agree on msrp so it’s all in this dfc stuff?
thanks
msrp 71320
invoice w dfc 67818
gms w dfc 64101
supplier w dfc 66713
i assume invoice is dealer invoice. BUT. When I used the spreadsheet off the forum to build the car I got
dealer invoice of 64999 and dealer cost of 60786
i know there are games to be played but there’s are a few ks bouncing around. We initially agreed to dealer invoice plus $500, but it looks like there are 2 dealer invoice numbers being tossed around.
Both the spreadsheet and his recap agree on msrp so it’s all in this dfc stuff?
thanks
Race Director
Joined: Aug 2019
Posts: 12,351
Likes: 14,180
From: Central Illinois
Race Director
Joined: Aug 2019
Posts: 12,351
Likes: 14,180
From: Central Illinois
If memory serves, Greg is a long time customer of the dealership and they offered it to him. He needs to be viewed as a bit of a unicorn as I haven't heard of anyone else getting a break. I sold for ten years at my dealer and was a manager and I'm not getting $1 off list.
Melting Slicks
Joined: Aug 2003
Posts: 2,906
Likes: 1,365
From: Sevierville Tn
What is the meaning of w dfc in a dealers pricing proposal? My dealer gave me the following on my order....
msrp 71320
invoice w dfc 67818
gms w dfc 64101
supplier w dfc 66713
i assume invoice is dealer invoice. BUT. When I used the spreadsheet off the forum to build the car I got
dealer invoice of 64999 and dealer cost of 60786
i know there are games to be played but there’s are a few ks bouncing around. We initially agreed to dealer invoice plus $500, but it looks like there are 2 dealer invoice numbers being tossed around.
Both the spreadsheet and his recap agree on msrp so it’s all in this dfc stuff?
thanks
msrp 71320
invoice w dfc 67818
gms w dfc 64101
supplier w dfc 66713
i assume invoice is dealer invoice. BUT. When I used the spreadsheet off the forum to build the car I got
dealer invoice of 64999 and dealer cost of 60786
i know there are games to be played but there’s are a few ks bouncing around. We initially agreed to dealer invoice plus $500, but it looks like there are 2 dealer invoice numbers being tossed around.
Both the spreadsheet and his recap agree on msrp so it’s all in this dfc stuff?
thanks
There ia also cost to dealer that is advertising cost.
All they have to do is show you the invoice when car is built.
Thread Starter
Race Director
Joined: Aug 1999
Posts: 13,248
Likes: 2,503
From: Bluffton SC via Canton Oh
If memory serves, Greg is a long time customer of the dealership and they offered it to him. He needs to be viewed as a bit of a unicorn as I haven't heard of anyone else getting a break. I sold for ten years at my dealer and was a manager and I'm not getting $1 off list.
wow Phil, your memory is impressive! Yes I have a relationship with a dealer, have bought and sold all my recent corvette through him and he takes good care of me. He always discounts but does not have many allocations.
I now understand dfc but that is in the forum spreadsheet at dealer invoice of 64999. Still a gap somewhere.
Also I appreciate folks reading this and wanting to know the dealer. No need to Pm me with the popularity of the car and his limited allocations he can’t offer this deal to anyone else. 6 years ago he provide great deals on the initial c7s but those days are gone.
Last edited by Greg00Coupe; Dec 15, 2019 at 03:00 PM.
Melting Slicks
Joined: Aug 2003
Posts: 2,906
Likes: 1,365
From: Sevierville Tn
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Race Director
Joined: Aug 2019
Posts: 12,351
Likes: 14,180
From: Central Illinois
wow Phil, your memory is impressive! Yes I have a relationship with a dealer, have bought and sold all my recent corvette through him and he takes good care of me. He always discounts but does not have many allocations.
I now understand dfc but that is in the forum spreadsheet at dealer invoice of 64999. Still a gap somewhere.
Also I appreciate folks reading this and wanting to know the dealer. No need to Pm me with the popularity of the car and his limited allocations he can’t offer this deal to anyone else. 6 years ago he provide great deals on the initial c7s but those days are gone.
I now understand dfc but that is in the forum spreadsheet at dealer invoice of 64999. Still a gap somewhere.
Also I appreciate folks reading this and wanting to know the dealer. No need to Pm me with the popularity of the car and his limited allocations he can’t offer this deal to anyone else. 6 years ago he provide great deals on the initial c7s but those days are gone.
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Sounds like a good deal you are getting. Good to see a dealer taking care of a long time customer.
Le Mans Master
Joined: Dec 1999
Posts: 6,516
Likes: 4,840
From: One Hour From Boston!
There is a New England dealer that gives $500 off MSRP but you have to be a repeat customer. I purchased my 2014 C7 from them so I was offered $500 off my C8 order. I know $500 isn’t much, but it’s better than nothing.
Racer
Joined: Aug 2019
Posts: 313
Likes: 156
From: Central Florida (Poincianna)
These above postings all beg the question--but I don't have enough "math data" from the above to come up with the answer.
Given the MSRP and the invoice price.... what typically is the dollar difference between the two values for a 2LT with Z51?
Is "that number" (i.e., MSRP minus Invoice) effectively the dealer's profit?
Thanks..... I"m not targeting the C8, nor the Corvette...... Wondered this for a number of years and marques......
Given the MSRP and the invoice price.... what typically is the dollar difference between the two values for a 2LT with Z51?
Is "that number" (i.e., MSRP minus Invoice) effectively the dealer's profit?
Thanks..... I"m not targeting the C8, nor the Corvette...... Wondered this for a number of years and marques......
Last edited by CanAm Ken; Dec 17, 2019 at 10:52 PM.
Le Mans Master
Joined: Dec 1999
Posts: 6,516
Likes: 4,840
From: One Hour From Boston!
These above postings all beg the question--but I don't have enough "math data" from the above to come up with the answer.
Given the MSRP and the invoice price.... what typically is the dollar difference between the two values for a 2LT with Z51?
Is "that number" (i.e., MSRP minus Invoice) effectively the dealer's profit?
Thanks..... I"m not targeting the C8, nor the Corvette...... Wondered this for a number of years and marques......
Given the MSRP and the invoice price.... what typically is the dollar difference between the two values for a 2LT with Z51?
Is "that number" (i.e., MSRP minus Invoice) effectively the dealer's profit?
Thanks..... I"m not targeting the C8, nor the Corvette...... Wondered this for a number of years and marques......
Invoice - Holdback = Dealer’s Cost
Here is a possible scenario; if a vehicle carries an MSRP of (for example) $50K, and the Invoice is $45K, and the Holdback is $5K, the true cost to the dealership is (in this scenario) $40K. The Holdback is the reason some dealerships can sell at “Invoice” and still make money on that particular sale.
Melting Slicks
Joined: Oct 2016
Posts: 2,873
Likes: 2,505
From what I understand, this is the correct equation (someone please correct me if I’m wrong):
Invoice - Holdback = Dealer’s Cost
Here is a possible scenario; if a vehicle carries an MSRP of (for example) $50K, and the Invoice is $45K, and the Holdback is $5K, the true cost to the dealership is (in this scenario) $40K. The Holdback is the reason some dealerships can sell at “Invoice” and still make money on that particular sale.
Invoice - Holdback = Dealer’s Cost
Here is a possible scenario; if a vehicle carries an MSRP of (for example) $50K, and the Invoice is $45K, and the Holdback is $5K, the true cost to the dealership is (in this scenario) $40K. The Holdback is the reason some dealerships can sell at “Invoice” and still make money on that particular sale.
