Love that they asked for $100 reservation, small enough that it allowed them to get folks interested but high enough that not everyone put one in just for the heck of it.
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230K Reservations is $23M its a big number for us, but not that big for a multi Billion $ firm. It does help with some liquidity but their checking account probably had a higher balance at the start of the day.That's a lot of interested potential buyers, and a big wad of cash for ford to hold onto.
I think $100 refundable is pretty darn close to “everyone can do it just for the heck of it.“ Ford clearly set it low because they wanted buzz and excitement with no effort/concern to separate the wheat from the chaff. Would be interesting to know how reservation numbers would have changed if the deposit was $500.Love that they asked for $100 reservation, small enough that it allowed them to get folks interested but high enough that not everyone put one in just for the heck of it.
The deposits are with the dealers230K Reservations is $23M its a big number for us, but not that big for a multi Billion $ firm. It does help with some liquidity but their checking account probably had a higher balance at the start of the day.
Honestly i am not sure what value the dealer is bringing to the table in this whole process.The deposits are with the dealers
If all the Bronco's are sold till some time in 2022 Then people who show up at a dealer can't get a bronco but they can get a jeep.I can't wait to see statistics for the Jeep Wrangler for the years 2019 & 2020 vs. 2021 & 2022.![]()
Approximately 230,000 Bronco reservations have been received to date since the evening of July 13th when reservations opened during the Bronco online reveal! Keep in mind that this figure may be as of a few days ago.
The reservation figure comes by way of one of our reliable sources and the impressive number covers only the Bronco (does not include the Bronco Sport).
If you're one of lucky reservation holders and haven't yet done so, remember to add yourself to our reservation tracking list @ Bronco Reservations Tracking List & Stats [Enter Yours!]
Ford is not Tesla, look how long Tesla had to fight some states to sell direct to consumers. For the Bronco, Ford has a bunch of accessories that are Dealer installed so you will need them for that. Hopefully people educate themselves about how to spot dirty dishonest dealer tricks and how to properly negotiate.Honestly i am not sure what value the dealer is bringing to the table in this whole process.
depending on how deliveries are handled they may be doing something at that end, but they will have ability to do more harm than good for the first year or so.
Given the state franchise laws, dealers will be involved with sales of all new Ford vehicles until the end times (and maybe even later ?). Tesla has incredible difficulties in many states and they are not a legacy automaker with existing dealer franchise agreements. Dealers do add a lot of value, but so many have behaved so badly for so long (and continue to do so) there is little hope that they (as a whole) will ever be held in high regard by consumers.Honestly i am not sure what value the dealer is bringing to the table in this whole process.
depending on how deliveries are handled they may be doing something at that end, but they will have ability to do more harm than good for the first year or so.
I believe there are still many states where Tesla can’t have dealerships and have various restrictions on sales. Their fight is far from over.Ford is not Tesla, look how long Tesla had to fight some states to sell direct to consumers.
No good way to predict, as the numbers aren't sequential.How do you find your "Place in line"
So you can predict if you can take delivery in 2021, or must wait until 2022....
probably at the dealer level - as in each dealer will get an allocation - then they choose who on their list gets it first.No good way to predict, as the numbers aren't sequential.
how is this related to the subjectTesla, about 1 notch above a yugo in terms of quality:
https://electrek.co/2020/06/24/tesla-ranks-lowest-on-j-d-power-2020-quality-study/
Not the way it works at the dealer level. The reservation has an internal Ford timestamp that will take precedence depending on batch and parts availability.probably at the dealer level - as in each dealer will get an allocation - then they choose who on their list gets it first.
MAYBE they choose biased on spec - let the people with the most expensive spec go to the top of the line.....