2024 build date???

[ss55539]

And to your point… most of these internet articles that folks come across have conflicting, sensationalized, or incorrect information. Case in point… see article referenced on previous page 100… it states at one point that “Ford also has an incentive to produce as many vehicles as possible, even if they are not ready to reach the hands of dealers and customers. According to automotive analyst John McElroy, vehicles are recorded as a sale for Ford the moment they leave the factory and not when they reach a dealership. Ford is happy to pay for the storage fees of these vehicles if it allows it to meet revenue guidance provided to Wall Street”. This, IMO, is very misleading. I’m pretty confident Ford doesn’t get to recognize revenue until control is transferred… which is generally when the vehicle actually ships… BUT with a BOL to the customer (Dealer). NOT when they put it on one of the hold lots… be it for whatever reason… QC, general hold, or whatever. That, BTW, is GAAP rules and can be validated in Fords 10-K SEC filings. I don’t think Ford’s cash register is ringing on those F-150’s just yet. But… my bet is on March being a big ship month to hit or positively impact Q1 projections… Snipped the attached from 2023 Q4 10-K for reference.

Correct. We're usually invoiced for the vehicle within a couple days of arrival. Then it goes on our floorplan and we start paying interest to Ford credit. One would think the storage fees on these units that aren't on ford premises have to be substantial.

 

[MZRaptor72]

Correct. We're usually invoiced for the vehicle within a couple days of arrival. Then it goes on our floorplan and we start paying interest to Ford credit. One would think the storage fees on these units that aren't on ford premises have to be substantial.

I agree… pretty sure some of the lots are Ford owned. Some over by Miller Road have different company names on them which I’d assume come at a cost. I’d have to believe to larger cost is in all of the money tied up in working capital / inventory… just sitting. It’s literally the highest cost and value in finished goods at that point… you’ve absorbed all of your labor… and as long as they have been sitting… you’re all in on material cost as you’re now well past supplier payment terms. Again… my bet is many (F150’s anyway) will hit the cash register in Q1… it’s too much to carry.

 

[ChevyLee]

Just a thought here. Does ford really care if trucks sit on dealer lots? Since the dealer is paying for them at that point. In the videos of the guy showing the 24s, you can see some with markings on the glass, and others have a windshield wiper up. Some of the markings I could make out would say “OK ”

when I ordered my 21 TRX in April of 21, I got it at the end of September. My friend ordered a 22 and got it before I got my 21 lol. I was pretty annoyed but whatever.

 

[nltruck]

Just a thought here. Does ford really care if trucks sit on dealer lots? Since the dealer is paying for them at that point. In the videos of the guy showing the 24s, you can see some with markings on the glass, and others have a windshield wiper up. Some of the markings I could make out would say “OK ”

when I ordered my 21 TRX in April of 21, I got it at the end of September. My friend ordered a 22 and got it before I got my 21 lol. I was pretty annoyed but whatever.

Ford is paying for manufacturer incentives to move the trucks

 

[Bayonetwork]

Maybe I’m alone but as my first new car purchase and first Ford, I wana be driving it around for most if not all of 2024 while it’s “new.” Spending over $80k the little things matter.

 

[RaptorJoe331]

Maybe I’m alone but as my first new car purchase and first Ford, I wana be driving it around for most if not all of 2024 while it’s “new.” Spending over $80k the little things matter.

Well if they start shipping soon like we are being told, you could have it by late March or April depending on your build date.... Don't worry, you still have 8 months for it to be "new"

 

[rbrb]

Maybe I’m alone but as my first new car purchase and first Ford, I wana be driving it around for most if not all of 2024 while it’s “new.” Spending over $80k the little things matter.

If the same thing happens next year, which seems likely, it'll be new for a full year before 2025''***** the road.

 

[PK37]

Maybe I’m alone but as my first new car purchase and first Ford, I wana be driving it around for most if not all of 2024 while it’s “new.” Spending over $80k the little things matter.

Since I have a R sitting on my shop, it’s easy to say this ….. I think everyone needs to take a deep breath and relax… I waited 8 months for the R and the first time I sat behind the wheel it was worth every day I waited.. They will be here soon and everyone will be happy! I can’t wait for my 801A… it’s worth the wait… Just my opinion….

 

[ss55539]

Tremor trade dropped from 63 to 60 this month. Keeps dropping may make my mind up for me

 

[BahaBlastediam]

Tremor trade dropped from 63 to 60 this month. Keeps dropping may make my mind up for me

I don’t want to hear it… try the vehicle I am trading for mine is a Jeep gladiator … you don’t even want to know how that market is doing lol