Looks good on my tree and I make sure to point it out to everyone that comes over.
We Will Collective contributor numbers
- Thread starter brentblum
- Start date
The dealer is not getting income. The lease company is getting income. Could be Chrysler Financial/Ally/Stellantis, etc. The only thing the dealer gets is allocation to order that many more trucks during the next cycle. What is more likely is the Utah collective called up a leasing company like Barco, and purchased/leased the trucks through Barco. They use the trucks as long as they need them, then get them back to the leasing company to be sold at an auction
Yeah that’s a good question. And god forbid someone does something dumb, drink and drive and kill someone in those trucks
Me and my friends when we notice you don’t have a WeWill ornament on your tree
Guessing the collective is paying for the insurance and the payments. To qualify you must have a valid license and a clean record
It is more then 85 now. They just did the same thing for the basketball teams and gymnastics.
Utah’s NIL collective offers truck and SUV leases for three more teams — two of them women’s programs
Utah gymnastics, women’s basketball and men’s basketball players given truck and SUV leases in new NIL deal.www.sltrib.com
This is pretty impressive because I’m trying to get a new truck and all the Toyota dealers in the area have less than 85 Tundras on their lots combined.
Toyota is a different situation. They are trying to go direct to consumer faster than some of the other domestic brands
The lease is probably no more than $400-$500 a month. So as audacious as it sounds, Utah can do that for everyone, including the money down at signing for less than $1.5 million the first year. That's actually a pretty good value. So about a $4.2 million dollar benefit over four years for 150 students. That's about $28K a year per athlete to do and the collective also gets a good bit of promotion out of it (for better or worse). I bet they have they ability to monitor where the vehicles are at all times as part of the deal. At least I would if I were doing something like that, for accountability purposes.
If the collective is allowed to self insure for collision/comprehensive and gets liability only on the vehicles (not sure if a leasing company would allow that) there's probably another half million per year on top of that. So it's not crazy to think the insurance goes along with it.
They are getting a pretty good bang for the buck at just over $30K/year to provide an insured vehicle for that many athletes. Creative thinking.
If the collective is allowed to self insure for collision/comprehensive and gets liability only on the vehicles (not sure if a leasing company would allow that) there's probably another half million per year on top of that. So it's not crazy to think the insurance goes along with it.
They are getting a pretty good bang for the buck at just over $30K/year to provide an insured vehicle for that many athletes. Creative thinking.
I did 100, had no idea of the ornament. There's a theory in sales that when a client has 3 options they'll choose the middle.
A. Just give something $20.00
B. $50.00 gets you an ornament.
C. $50.00/mo gets you premium access on CF.
I signed up for the $50/mo membership. Anyone know how to redeem the premium access with that?
Send me an email at [email protected] and I’ll get you squared away.
More of a question for Blum, but if you get something is it no longer tax deductible? If so it's kinda a wash.
I know the ornament wouldn't matter but wondered about premium access.
Yes, so technically the Club membership (which has the CF premium) is not tax deductible. The non-profit donation doesn’t come with the same benefits so that would be tax deductible. Although as always, consult your tax professional.
Dealer gets at least drop ship payment and then prep work if it’s not purchased through them. Guessing it’s close to 750 now for both of those now.
If they are using Barco, they don’t get anything. Shipped to Barco straight from the factory and no prep needed
Then Barco would get the payments. Things changed since I was at the dealership then (which was a few years ago so very likely) but any vehicle that wasn’t considered a sale had a prep payment made. You have to inspect them off the truck and then Make sure everything was correct (oil level/tire pressure type stuff, wash it, and some needed to have the plastic wrap pulled off them.