Roush Saleen looking at other manufacturers?

BobV

Dirt-Old 20+Year Member
May 18, 2003
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Leavenworth, KS
Thoughts, opinions, comments? :shrug:

http://www.themustangnews.com/fomoco/ed-0906_tuners.htm

Steve Saleen recently announced in an interview with Wards Automotive News that he is "open" to working with other automakers. He was quoted as saying, “It has to make business sense and fit in with our philosophy and appropriate branding, but we’re looking at other opportunities and only time will tell.”
 
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I know Saleen recently made 2 "2009" Camaros for the "Transformers" movie. GM and Saleen worked closely in the making of the cars. They used fleet GTO's as the basis for the cars.

Maybe he'll start making Saleen Camaros when the new Camaro comes out.
 
I actually like the look of that new camaro and thought about looking into one when they come out. Although the production model will probably be more boring and bland. Kind of like the mustang prototype was so much better then the final production car. Anyway, if I could switch to a camaro and still have a Saleen, sweetness.

Ford and Saleen ending their relationship wouldn’t be surprising to me. With the close relationship that Shelby and Ford are creating, the Saleen cars on dealership floors are direct competition. And wasn’t there a ton of production problems with the GT’s and Ford was non to happy about that. Now that there is a new boss at Ford, maybe he’s not being to friendly with Saleen.
 
Carroll will be dead sometime soon. Not that anyone should be happy about it but it's the truth. I think the guy takes over 90 pills a day and is on his I-don't -know how many transplant surgery.
The thing is, once he passes away, his original Mustangs will be worth more money and anything new will not be as marketable. ( arguable ok ) What, is the guy going to give the thumbs up on a new project from the grave. I can't believe he has lived this long already. Maybe he's the Antichrist.
I agree with Mike. The new Camaro looks sick in concept form but will look like a Grand-Am on steroids with 17" wheels by the time production rolls around.

Go but a new GT500, get him to sign the dash and don't drive it. It will be worth money someday too.
 
marcus95 said:
Well,

The guy was incorrect with a few of his remarks so maybe he is dreaming about a few other things also.

If you are referring to the items of dealer financing, rebates, VIN numbers, and insurance rates such as you emailed the editor about (but did not leave your email for a reply), you infact are incorrect.

If you carefully read, the story states:

Because the cars are not branded as Fords, getting some of Ford Credit financing's more aggressive programs at dealerships is not always a given.

This is not to say that the cars dont ever qualify, but over the years they have not always qualified for every promotion that non Saleen branded Mustangs have been able to take advantage of.

The story also states:

Also because of the unique VIN numbers Saleen products have which alert insurance companies of it’s specialty vehicle status, insurance rates can be much higher.

While Saleen does not change the VIN numbers, they are unique to the cars delivered to Saleen. The VIN has a special order code which is how insurance companies, banks, and the motor vehicle departments know that it is infact a Saleen, not a garden variety Ford.

That said, the story is based on Steve Saleen's comments he himself made to a mainstream publication, Wards Automotive News. That is hardly a dream. :)
 
There really is too much competition out there for mustangs.
Wonder if saleen can convert back to a tuner, sounds like it would save them some crash and emissions testing, which i'm sure soaks up alot of good money.

Last of all, maybe saleen needs to make a deal with Ford where they purchase engineless cars for a big discount, so they can afford to drop shelby equivalent engines in, let's be realistic, it's far too expensive to buy a complete car and take it apart, and redo things you just paid for, but that's what it takes to compete with a DOHC SC car. Ifthe car lacked an engine, for a discounted price, you could use that money you saved to drop in built up engines, cutting cost.
This way they could do forged shortblocks from the get go, and then pack the hell out of it with boost.
 
As discussed on various other threads, Steve Saleen no longer is an active participant in the operations of the company that bears his name.

The new owners have demonstrated quite clearly that it is a completely different company than it had been under Steve's stewardship; being more a corporation than a moderately sized speciality shop.

The best example of the mentality of the "new" Saleen Incorporated is their dismissal of the history of the company & their past products in favor of exclusively promoting the new vehicles, in particular the S7.

Therefore, it would be sad but not surprising if the new owners looked at alternatives to making money if they can't be profitable producing vehicles based on Mustangs, F150s, Focii or any other Ford product.
 
shaymart said:
If you are referring to the items of dealer financing, rebates, VIN numbers, and insurance rates such as you emailed the editor about (but did not leave your email for a reply), you infact are incorrect.

If you carefully read, the story states:

Because the cars are not branded as Fords, getting some of Ford Credit financing's more aggressive programs at dealerships is not always a given.

This is not to say that the cars dont ever qualify, but over the years they have not always qualified for every promotion that non Saleen branded Mustangs have been able to take advantage of.

The story also states:

Also because of the unique VIN numbers Saleen products have which alert insurance companies of it’s specialty vehicle status, insurance rates can be much higher.

While Saleen does not change the VIN numbers, they are unique to the cars delivered to Saleen. The VIN has a special order code which is how insurance companies, banks, and the motor vehicle departments know that it is infact a Saleen, not a garden variety Ford.

That said, the story is based on Steve Saleen's comments he himself made to a mainstream publication, Wards Automotive News. That is hardly a dream. :)



Ah yes,


You are a bit new here so I will be nice.

That be me. I was not aware that there was a place to insert my email address.
The awesome thing is you read comments left on the site. Very cool.

The comments in the article about financing were a bit misleading. It's not your fault. You were a victim. I understand journalists use of the word "always" and also the "not always" but personally I feel you were a bit jaded from that dealership back in 2002 that would not offer the financing you wanted on the car you and your wife wanted. To set the record straight, Ford Motor Credit has no cross reference on the vin number between a regular Ford Mustang GT and a Saleen. Check it out. I am on the inside with Ford. There was talk but was never implemented. They wanted to set something up with the OASIS also. The reason was all of the confusion between Ford dealer order specific cars sent to Saleen and the cars any authorized Ford dealer sends to Saleen directly to Saleen from their current inventory. The unfortunate part of all of this is that you missed out on that 02 Supercharged car because a specific dealer operated on its own. THIS is the issue. Dealers can act as they choose and make their own rules while you are sitting in that cubicle with your wife picking out the chrome wheel upgrade and the Brembo brakes. Really a bummer because the Saleen was the way to go. Congrats on not leaving without the Roush.
I can't speak for other states but here in California a mustang vin is a mustang vin. If you take your new 06 S281 Supercharged to your State Farm or Allstate agent or whoever and ad the car to your policy unless you request gap insurance or go through the ever so frustrating process of trying to tell your insurance agent what a Saleen Mustang is, the insurance comapny will just insure it as a Mustang GT. That is the truth. Has always been that way. You should have seen me trying to explain to my agent why my 1995 V6 Ford Mustang was worth $45,000. It's a gamble but I bet over 50 % of the Saleen Mustangs out there are insured just as Mustang GT's. They have not told their agent about what it is and pay a GT premium to boot. Only when something tragic happens is when they have to scramble.

Have not read the article from Ward's that you "based" your article off of. Care to share a link? Anyway, as far as what Steve says most are dreams. It was easy to call you a dreamer only because you were the author. Sorry if I offended you. Everyone here knows that I don't just go out and offend people here for no reason. Steve hardly has any control over the day to day operations of anything Saleen anymore but that's not news. Proof is in the pudding. Would you let your wife be fired from your own company if you could help it?


Again, nice to see that you browse our forums. Keep writing up the leads so Bob can post the links! :D


Reason for edit.... Oh yea, and whatever you do. Please do not grade my grammar or run-on sentences. :)
 
shaymart said:
Because the cars are not branded as Fords, getting some of Ford Credit financing's more aggressive programs at dealerships is not always a given.

This is not to say that the cars dont ever qualify, but over the years they have not always qualified for every promotion that non Saleen branded Mustangs have been able to take advantage of.

Regarding rebate programs on Saleens, they will ALL qualify, as the rebates are applicable due to the VIN.

Now, take the 0% for example (or other promo rate), FMCC "buys deals" based on "structure". It is not in their best interest to give promo 0% on Saleens, because to Ford, it is for example a $50k loan on a $25k invoice. With rock solid credit they *might* go 140% of invoice, but you better have a score that starts with an 8.

Really, why should they loan any more money at 0% than they have to?

shaymart said:
The story also states:

Also because of the unique VIN numbers Saleen products have which alert insurance companies of it’s specialty vehicle status, insurance rates can be much higher.

While Saleen does not change the VIN numbers, they are unique to the cars delivered to Saleen. The VIN has a special order code which is how insurance companies, banks, and the motor vehicle departments know that it is infact a Saleen, not a garden variety Ford.

The VINs are as they came from Ford, and there is no special "Saleen code" to the car. It is best to talk to your insurance company regarding the value of your car BEFORE there is a problem.
 
I can attest to my insurance company here in Cali insuring my car as a stock Mustang GT. I have a gap rider through my bank as a result.

Also fwiw, Ford financing recently extended to Saleens their 0 down 0% for 72 months offer.
 
dotbomb said:
I can attest to my insurance company here in Cali insuring my car as a stock Mustang GT. I have a gap rider through my bank as a result.

Also fwiw, Ford financing recently extended to Saleens their 0 down 0% for 72 months offer.



I know, man, I know. YOu remember me telling you I was going to be a hypocrite regarding the "new cars". The best I can get at any Ford dealer right now on a 72 monther is 7.9. This is from the same dealership that was going to give me 0% before the show. I had it in writing. It was ALL over the Saleens on ebay too. Ron even had a formula with a loan amount and then your payment at 0%.
Do you remember? Damn, Damn.
Damn.
 
marcus95 said:
I know, man, I know. YOu remember me telling you I was going to be a hypocrite regarding the "new cars". The best I can get at any Ford dealer right now on a 72 monther is 7.9. This is from the same dealership that was going to give me 0% before the show. I had it in writing. It was ALL over the Saleens on ebay too. Ron even had a formula with a loan amount and then your payment at 0%.
Do you remember? Damn, Damn.
Damn.

Wow didn't know you were ready to jump into the fray that quick! Ford is running some of the 0% promotions in certain regions. I think this one is 60 months though and expires Oct 2. Call around.

Also, check your credit union/bank. I know I don't need to tell you that with our recently high inflation even a ~5+% interest loan is close to free money.

What color you looking for? I'll keep my eyes peeled... and you know about the silver one at santa margarita ford that is used right?

edit: oh and btw ford gave me 8.9% for 72 months and my bank got me 5.6% for 84 months. cheap money from the bank.
 
Well said Marcus.

Due to my line of employment, I am forced to deal with insurance carriers daily. For those who haven't addressed the situation, here are some basic tips:

When insuring the vehicle, it's best to give the agent a copy of the window sticker and mod list. Have a discussion as to why the vehicle is different than a GT, or a v6, and how you will expect to be compensated for the full fair market value of the vehicle in the event there is a collisions or a total loss. Draft a letter with this information and submit it. Have the agent sign it if necessary.

At this point you will typically see the premium price raise beyond the GT range. The carrier may advise you to get Lojack or some electronic tracking device to lower the premium, as Saleens can be categorized as high theft risk.

The scariest thing I hear is when people say "Oh yeah, I bought a Saleen, and guess what? I got a real good deal on my insurance! Same price as a regular mustang!" Sometimes, it's not really the carrier's fault, how can we expect the 50 year old insurance agent who drives a Buick to even know what a S351 or S281-E means? Even worse is the guy who "pretends" the car is a regular mustang when calling to have the policy issued. You are only fooling yourself if you do this. Wait until it's time to make a claim.

Your premium is based on several factors, including the dealer installed options and modifications to the car (whether they are done in a factory in Irvine, or your garage). If you do not alert the carrier to the enhancements, your premium will be based on a stock vehicle, and therefore, as the saying goes, you shall get what you pay for. How can they compensate you for a $55,000.00 Saleen when you are paying the insurance premium for a $25,000 GT (depending on the year of course)?

By no means is this an attempt to defend insurance practices. I have nothing but contempt and disdain for the majority of their methods. Just some friendly words of advice so less people get burned.

Oh yeah, sorry for the thread hijack.

-J
 
marcus95 said:
I know, man, I know. YOu remember me telling you I was going to be a hypocrite regarding the "new cars". The best I can get at any Ford dealer right now on a 72 monther is 7.9. This is from the same dealership that was going to give me 0% before the show. I had it in writing. It was ALL over the Saleens on ebay too. Ron even had a formula with a loan amount and then your payment at 0%.
Do you remember? Damn, Damn.
Damn.

I bought the 06 Saleen S281E convertible a few weeks ago with $0 down and 0.0% financing so it is possible.

As for insurance, I called State Farm and told them that I am buying a $75k Saleen Mustang and want it insured for that amount. They said they are familiar with those cars and will insure me for that amount. I just dont want to pay GT insurance prices and then if something major happens, then try and figure out what to do since the insurance company will only give $40k.

FYI, they quoted me about $730 every six months. My wife car & our house are insured thru State Farm so we get a bit of a discount. I also got a quote for Progressive and it was $1750 every 6 months (what a joke).

Abbas