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twobjshelbys

2017 Ford GT Allocation Method Announced

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The ordering process for the new Ford GT was announced by Raj Nair this morning at the annual Ford GT Rally.

 

INFORMATION
2016 Ford GT Program Update
SUMMARY
The purpose of this communication is to provide dealers with new information on the Ford GT program and establish timing expectations for the ordering process.

Ford GT Program Update
Raj Nair, Ford’s Global Director of Product Development will be making the following announcement to a gathering of Ford GT owners on Thursday, August 27, 2015:

Ford will introduce a unique ordering process for the all-new Ford GT supercar, with the program commencing in early 2016.
Ford GTs will be assigned based on a customer application process, offering a personalized experience for every Ford GTbuyer.
Anyone can apply; priority will be given to loyal Ford customers including current Ford GT owners.
Applicants selected through the process will be assigned a car by Ford and complete their purchase through a Ford GT certified dealership of their choice.

Additional Information for Dealers

The Ford GT customer application process will begin in early 2016. Details on the application process will be provided closer to the application process start date.
Ford dealers will be able to opt-in and certify to sell the Ford GT. Details on the sales certification requirements will be communicated later this year.
A separate process will be established for Ford Dealership owners who wish to register and own a new Ford GT.
Limited production, high cost materials/parts and unique technologies will require unique factory-sponsored processes and resources to support customers and dealers. A separate service opt-in and certification process will be communicated in Q2/Q3 2016.
We recommend that dealers refrain from taking customer deposits.
As we continue to develop and refine the unique customer selection, allocation, and distribution processes for this extremely low-volume supercar, we will keep dealers fully informed.

Key Ford GT Product/Program Information (previously announced)

The Ford GT is an exciting demonstration of Ford’s capabilities and our culture of innovation & passion.
Ford Performance will begin racing the new Ford GT in 2016 in both the Tudor/IMSA and WEC road car racing series including a return to LeMans 50 years after the GT40 program’s historic 1-2-3 finish in 1966.
Production of the Ford GT road car will begin in late 2016 at dedicated facility in Markham, Ontario; global volume will be 250 vehicles per year.
The all-new Ford GT will be priced to compete with exotic sports cars including Lamborghini, Ferrari and McLaren.
Key vehicle specs:
Lightweight construction - 100% carbon fiber body panels and passenger cell
Aerodynamic design and active features including speed-activated deployable rear wing
3.5L V6 Ecoboost engine producing over 600hp


Here is the video where he says it:



The key takeaway is that there will be no ADMs. The cars, for the first time ever in Ford's history, will be sold by Ford to the end user Customer. Dealers will only be involved for the delivery process. Customers will work will work directly with Ford during the ordering process. While not stated, it is expected that some dealership cooperation will be needed - ie, I'd be a little dealer in Alliance Nebraska isn't going to be willing to accept delivery (and be part of the service program) but basically dealers won't own the car and be able to mark them up. It is even stated in the written release that a separate program will be forthcoming for DEALER OWNERS who want to BUY a car.

Dealers are once again admonished from taking deposits. How can they? They don't get the car except to prepare it for the customer who bought it.

No mention is made of country allocations. With only 250 vehicles (reiterated once again) and a certain portion of the vehicles going to Europe/Asia, and some dealer owners getting one, I'd bet that the total US/Canada allocation for mere mortals will be 150-175.

Edited by twobjshelbys

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P.S. Nothing was publicly stated about no ADM, but the process certainly seems to disallow it. Once Ford sets a MSRP, and if all sales are directly with ford, there is no factory outlet in the middle to jack the price up. I assume dealers will be compensated with a disclosed value for delivery and handling but that won't be 2x sales price...

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I wonder how Ford will select the buyers.

That is the $64 million question. Obvious just buds of Raj and the execs I would imagine. Then the ADM equivalent (+ lots) comes as they sell to the highest bidders on eBay, BJ, etc. This is just like insider trading, but legal.

Edited by mikeljgt500kr

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Guest markham51

I think it is the only way Ford could get these cars in the hands of its best customers. They learned from what happened last time. ADMs would be stupid. I am hopeful I can get one.

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That is awesome news ... get the cars to the people who helped to fuel the development, those being loyal Ford owners.

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I will be filing out an application and buying one if one of the lucky selected.

 

Tony, how will Ford be restricting the resale of these cars if you know. My thought will be an agreement giving Ford first option to buy the car back at list within X number of years or a lease with a buy out at the end.

 

Any other info?

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I will be filing out an application and buying one if one of the lucky selected.

 

Tony, how will Ford be restricting the resale of these cars if you know. My thought will be an agreement giving Ford first option to buy the car back at list within X number of years or a lease with a buy out at the end.

 

Any other info?

 

Your chances of getting one are practically nil :). Buy powerball tickets, they have a better chance.

 

They haven't rolled out the final information yet, but someone said this paralleled so far the Lexus LFA program which DID restrict it by adding a two year buy back right to the purchase contract. But noone knows.

 

There is more info since this was posted. The total number of cars is being rumored to be 200 but Ford hasn't changed the total number per year from the 250 number so until I see something else from Ford that is still the number. Mark Fields concurred when I spoke to him at Barrett Jackson.

 

My dealer friend (who is a major collector) will be in the pool same as the rest of us and he said to me a week ago that he was told that the total number of US civilian allocations would be in the 100 - 120 range. Dealer pool (they have to buy the car for themselves) at 50-75 (total us allocation of about 150. The rest go to the rest of the world. He said that there will be a Ford committee that will do a "performance review" ranking and rating (we called ranting and raving) process. Potential buyers will get good review points for things, like buying lots of cars, owning a Ford GT from day 1 (it is estimated there are enough in this category to consume all of the US allocation), etc. Noone knows who this committee will be. Nor, for example, if the process will be blind becasue if they know the application is from Jay Leno you know he's going to the top of the list.

 

Good luck but don't hold your breath.

Edited by twobjshelbys

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Wish Ford would institute the same program for the new GT350 with direct order and no dealer ADM.

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Your chances of getting one are practically nil :). Buy powerball tickets, they have a better chance.

 

They haven't rolled out the final information yet, but someone said this paralleled so far the Lexus LFA program which DID restrict it by adding a two year buy back right to the purchase contract. But noone knows.

 

There is more info since this was posted. The total number of cars is being rumored to be 200 but Ford hasn't changed the total number per year from the 250 number so until I see something else from Ford that is still the number. Mark Fields concurred when I spoke to him at Barrett Jackson.

 

My dealer friend (who is a major collector) will be in the pool same as the rest of us and he said to me a week ago that he was told that the total number of US civilian allocations would be in the 100 - 120 range. Dealer pool (they have to buy the car for themselves) at 50-75 (total us allocation of about 150. The rest go to the rest of the world. He said that there will be a Ford committee that will do a "performance review" ranking and rating (we called ranting and raving) process. Potential buyers will get good review points for things, like buying lots of cars, owning a Ford GT from day 1 (it is estimated there are enough in this category to consume all of the US allocation), etc. Noone knows who this committee will be. Nor, for example, if the process will be blind becasue if they know the application is from Jay Leno you know he's going to the top of the list.

 

Good luck but don't hold your breath.

Approximately 100 cars is correct.

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Very interesting. Ford needs to define/clarify "loyal customer"? Absent a current GT, I assume it's the ones with the big bucks because I sure consider myself a loyal Ford customer who always has at least 2 Fords in the stable but most likely would not qualify. That said, very cool selling approach.

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Very interesting. Ford needs to define/clarify "loyal customer"? Absent a current GT, I assume it's the ones with the big bucks because I sure consider myself a loyal Ford customer who always has at least 2 Fords in the stable but most likely would not qualify. That said, very cool selling approach.

So you don't see any hint of insider Ford corporate cronyism here?

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My 2007 GT500 was sold to me under the V. I. P. Program. MSRP of $41,XXX.00. No ADM.

I signed a document that I would NOT sell the car for two years.

 

Was totally happy to do so at that time. :cool:

 

EDIT- If I wanted or needed to sell before that period expired...Ford was the only approved buyer.

Edited by BIKEBOY

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Guest markham51

 

Your chances of getting one are practically nil :). Buy powerball tickets, they have a better chance.

 

They haven't rolled out the final information yet, but someone said this paralleled so far the Lexus LFA program which DID restrict it by adding a two year buy back right to the purchase contract. But noone knows.

 

There is more info since this was posted. The total number of cars is being rumored to be 200 but Ford hasn't changed the total number per year from the 250 number so until I see something else from Ford that is still the number. Mark Fields concurred when I spoke to him at Barrett Jackson.

 

My dealer friend (who is a major collector) will be in the pool same as the rest of us and he said to me a week ago that he was told that the total number of US civilian allocations would be in the 100 - 120 range. Dealer pool (they have to buy the car for themselves) at 50-75 (total us allocation of about 150. The rest go to the rest of the world. He said that there will be a Ford committee that will do a "performance review" ranking and rating (we called ranting and raving) process. Potential buyers will get good review points for things, like buying lots of cars, owning a Ford GT from day 1 (it is estimated there are enough in this category to consume all of the US allocation), etc. Noone knows who this committee will be. Nor, for example, if the process will be blind becasue if they know the application is from Jay Leno you know he's going to the top of the list.

 

Good luck but don't hold your breath.

 

Thanks for the insight.

 

I know it will be like winning the lottery to get one...but I love a good chase.

 

There are lots of cool toys out there...

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I know it flies in the face of the whole British thing with 007........ But how bitchin' would it be to see one of these in the next Bond film?!?!

 

:rockon:

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Thanks for the insight.

 

I know it will be like winning the lottery to get one...but I love a good chase.

 

There are lots of cool toys out there...

 

Well what did your notice say???

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The notices went out last night. There were three categories:

 

Yes

Maybe

No

 

I'm in the "when hell freezes over" group.

 

So does it mean "No: if the notice said they will keep your info fill but all the G.T 40 are spoken for . :lol:

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So does it mean "No: if the notice said they will keep your info fill but all the G.T 40 are spoken for . :lol:

 

What part of "no" don't you understand? :) I read it half a dozen times. It's dancing on semantics to think otherwise. If (and it is a big IF, according to my source) there is a 2019 process, you start all over, competing again with 6500 folks that want one. Keeping it there is merely a convenience, but no sign that doing so will improve your chances next time around.

Edited by twobjshelbys

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What part of "no" don't you understand? :) I read it half a dozen times. It's dancing on semantics to think otherwise. If (and it is a big IF, according to my source) there is a 2019 process, you start all over, competing again with 6500 folks that want one. Keeping it there is merely a convenience, but no sign that doing so will improve your chances next time around.

 

Ya I thing I understood the "N" wasn`t sure about the "O" ;)

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