Wifey needed a new car, and we (well, I) have been looking for the last YEAR. She wanted a small crossover suv (CUV) and we really liked the new Equinox. Chevy won't deal with it -- they are giving 0% on everything BUT the Equinox.
So we looked at everything else. During the SuperBowl, we saw the Kia Sorento ad -- and she said "I like that." So I did my due diligence and boned up on the car -- it has rave reviews pretty much everywhere -- they released in in Europe earlier and the reviews were very positive, plus the warranty is much better than any of the competition (Chevy, Toyota, Dodge (journey))
So, I did more research. Found they had a 0% financing deal on it. Nice. Went around and checked them out, test drove a couple.
We are AAA members, and AAA has a car buying program -- you get at least 500-1000 under invoice plus some other benes. For the Sorento, the best deal was $2100 under invoice. "including incentives."**** (keep your eye on that..)
I take that to a non-participating dealer and he's like "sure, we can beat that." I hammer out a deal, we got the color, the features, the model, etc .. and then it comes to price. MSRP on the model was $29,950, invoice is $28,200 and he >Starts< with $25,700. I am thinking (ok, that's pretty damn good, what's the catch?).. that's a lot more than $2100 under invoice... hmmm..
The car is what she wants. I have balls. I don't hesitate. I just give him my credit card and say "we'll take it." I do the loan paperwork for my wife, but it's her car so she does the rest of it while I go home with the kids. She drives the car home.
We've had it a little while now. We >>>LOVE<<< this car. Can I tell you later how much? It's very make the beast with two backsing nice, if you are looking for a mid-size CUV. anyhow...
Today, the dealer calls me. "uhhh.. well.. you see.. the price that you got included a $1000 rebate offer and your wife got the 0% and she wasn't supposed to get that.. and we have to have you come in and we have a good at-cost loan at 2.9%...etc etc"
I am incredulous. I calmly inform him we have a done deal and we've paid our down payment (paid 2/3rds of the sale price) and we financed the rest. DONE. I don't even see anything on the purchase order saying we got a rebate.
"Welll.. " he stammers "your wife signed a form agreeing to the rebate and Kia Motor Credit won't accept the loan if you get both the rebate and the 0 percent..... "
I am a little weirded out. I got a good price, a GREAT price.. too good??
But... I am an attorney. He doesn't know this.
I asked him to send me the form he is referring to. MY wife did not get copies of everything she signed (I admonished her about this...).. He faxes over the forms..
Basically, it's just a form assigning the value of the rebate to the dealer to apply to the purchase price. Dealers and buyers regularly do this, it's SOB for getting a rebate -- no one wants cash, they want the price lower. I am laughing about it.
So here is the problem for the dealer:
1. They gave me a price on an invoice with no mention of the rebate.
2. I wrote on that invoice "Sale contingent on receiving 0% financing on balance."
3. Sales guy counterSIGNED the above mentioned rebate form saying we were eligible for the rebate. It mentions nothing about the exclusivity of the rebate.
4. We have a finance contract, bill of sale, a buyer's form, and a tax form showing the amounts. The Finance contract mentions nothing about the exclusivity of the financing deal...
5. They cashed our check.
They haven't said anything other than "please come in and redo the paperwork." I am thinking of artful ways of saying "make the beast with two backsst thou very much, see thou in hell." They still don't know I'm an attorney, did I mention that? [evil]
So. I am thinking that the sales guy or the finance guy screwed up and is trying to save his family vacation next summer. I mean, based on my calculations, they gave us an extra $1400 off
I feel bad for that part of it.
But at the end of the day, we negotiated a deal, signed, sealed and delivered it.
make the beast with two backs them.
4 words....
Sucks to be them....
Probably a good idea to go to a different dealer for service or warranty work.
Quote from: howie on March 02, 2010, 06:33:34 PM
Probably a good idea to go to a different dealer for service or warranty work.
[laugh] [laugh] [laugh] [laugh]
Quote from: howie on March 02, 2010, 06:33:34 PM
Probably a good idea to go to a different dealer for service or warranty work.
lol.. ah, yep!
If it makes you feel better, just think about the guy or two before you that paid too much...the dealer is probably not calling them back to offer them some money back. Sometimes in business you screw up and it's just a cost of doing business.
My wife ran a dealership for a bunch of years. She got a chuckle out of your sale. The sales manager and the finance manager are going to get an ass chewing over this.
As someone who works for a company that has to bid jobs to stay in business I say: Good job on getting the sweet deal. Maybe they will learn to run a tighter ship in the future. make the beast with two backs 'em in the ear.
naaaa take it back to the same dealer for service. the service dept always hates the sales dept...you will be treated like a god ;)
It's posts like this that almost make me want to go to law school (sometimes I *wish* I was an attorney).
Good on ya. Makes me happy when people get good deals from car dealers....seems like you only hear about people getting hosed over.
Three observations based on your account:
1. While I can't quite make out exactly what legal leverage you have over them, or the exact steps they took to make the beast with two backs up so bad, it sounds bad. And it sounds like it will be a lot of fun when and if you have to play the attorney card. Keep us updated, entertained.
2. My interest in Kia is now piqued. It sounds like they have turned things around since their earlier generations of cars.
3. Hearing stories about buying new cars from dealers makes me want to give up driving and buy a donkey cart. It is shark-infested water where the sharks are also trying to sodomize you.
Good for you and don't waste a moment of your time feeling bad. You did nothing wrong and in fact went out of your way to write additional notes on your contract so that the deal was clear in black and white.
On the contrary dealers routinely try to pull wool over the eyes of buyers with fineprint that benefits them.
Turnabout is fair play, and this isn't even turnabout.
On a semi-related note the wife and I bought a hyundai xg350 5 yrs ago. There is absolutely nothing sexy about it but it was dirt cheap and has been basically problem-free. The korean automakers are worth a look.
[laugh]
Very nice.
Quote from: DucofWestwood on March 02, 2010, 09:17:34 PM
On a semi-related note the wife and I bought a hyundai xg350 5 yrs ago. There is absolutely nothing sexy about it but it was dirt cheap and has been basically problem-free. The korean automakers are worth a look.
Hyundai is about to eat Toyota's lunch. (Kia is owned by Hyundai, the Sorento is a rebadged and upgraded Hyundai Santa Fe)
Quote from: il d00d on March 02, 2010, 08:17:02 PM
Three observations based on your account:
1. While I can't quite make out exactly what legal leverage you have over them, or the exact steps they took to make the beast with two backs up so bad, it sounds bad. And it sounds like it will be a lot of fun when and if you have to play the attorney card. Keep us updated, entertained.
The leverage is the sales forms they provided us. I looked on the website before buying and there WAS a $1000 cash back incentive which DID say it was either/or with the 0% financing. However, the sales guy mentioned nothing about this when he provided the sale price.
Furthermore, the form that my wife signed is an assignment of value form -- it says nothing.
A basic rule of contracts is that nothing is included except what is in the "four squares" of the contract (**unless it says so..). SO they could have had GIANT POSTERS saying there is an exclusion, etc, but unless the contract SAYS "this contract includes the terms you read on the website and on the poster next to the coffee machine" it doesn't matter.
Quote2. My interest in Kia is now piqued. It sounds like they have turned things around since their earlier generations of cars.
Kia was bought by Hyundai in '98 and after '05 or so, began using Hyundai engines/transmissions and shared platforms. I did my research on this vehicle. Kia did not make a 2010 model for the Sorento, this is a 2011. They changed a lot from the older version, specifically the crash ratings (European) are 5 star now (the USA crash ratings haven't been done yet)..
The only thing I wish was they sold the diesel model in the states. They sell a 2.2L / 197 HP diesel in Europe -- around 30 mpg combined.. now that would be ~nice~
Quote3. Hearing stories about buying new cars from dealers makes me want to give up driving and buy a donkey cart. It is shark-infested water where the sharks are also trying to sodomize you.
A Donkey will go after your ass too. But you're right, we are just amazed at the chutzpah of them calling me up about it. then again, asking is free.... [laugh]
nice!
my personal experience with buying from a dealer is that no matter how good a deal i think i got...
in the back of my mind i am trying to figure out how they screwed me.
glad to see the shoe on the other foot for a change.
Quote from: ducatiz on March 03, 2010, 01:46:23 AM
Hyundai is about to eat Toyota's lunch. (Kia is owned by Hyundai, the Sorento is a rebadged and upgraded Hyundai Santa Fe)
Ironically, Hyundai actually modeled their Quality Control after Toyota's. I've seen an interview w/Hyundai's CEO, after the reliability issues of the Excel from the 80's (which was really a Mitsubishi design that Hyundai got the rights to build), they basically looked at who was doing the best & why (Toyota) & copied how they went about it.
FYI, if you look at many of the Hyundai/Kia's, you'll notice they are in the top part of the segment. When the Kia Sedona came out a few years back, it was the highest crash test rated mini-van available. Also, I remember a Car&Driver comparison of the Hyundai Veracruz & a Lexus RS350 that actually rated the Hyundai higher, particularly one price is factored in.
cars dealers are stupid...
they make a living selling $5K piles of tin and plastic...
for $25K ;D
Quote from: z0mb1e_DUC on March 03, 2010, 04:22:28 AM
Ironically, Hyundai actually modeled their Quality Control after Toyota's. I've seen an interview w/Hyundai's CEO, after the reliability issues of the Excel from the 80's (which was really a Mitsubishi design that Hyundai got the rights to build), they basically looked at who was doing the best & why (Toyota) & copied how they went about it.
ironic, but funny. toyota got fat and razy. ducati under TPG modeled their manufacturing after toyota as well!
Quote from: ducpainter on March 03, 2010, 04:28:25 AM
cars dealers are stupid...
they make a living selling $5K piles of tin and plastic...
for $25K ;D
right, and you put a liquid on people's stuff -- 2/3rds of which evaporates -- in exchange for some green paper...
[evil]
Quote from: ducatiz on March 03, 2010, 04:33:55 AM
right, and you put a liquid on people's stuff -- 2/3rds of which evaporates -- in exchange for some green paper...
[evil]
exactly...
I know the situation that occurred is not unique.
Just a mistake that the next guy will pay for.
this thread is going nowhere fast. its turning into a bash a profession thread and nothing else.
Quote from: sbrguy on March 03, 2010, 05:07:02 AM
this thread is going nowhere fast. its turning into a bash a profession thread and nothing else.
how so?
The only way I see the next guy being affected is the dealer will be more careful.
I bargained the price and terms and it went thru at least 5 ppl before we got the car. We had no idea they made a mistake until they called 3 days later.
I bought my 2002 Jeep Wrangler new in Dec of 2001. I did all the Internet research and learned of a $500 rebate for veterans. I got the regular rebate going at that time, a good price and good financing for the rest. A week after I got the Jeep home, the sales manager calls me and says they screwed up on the paper work and that I had to come back. Something about double rebates....
I am not a lawyer, at the time I was an EMT. I said no. I signed, paid and that was that. They kept calling for a month or so, and then I never heard back about it.
here's the thing.
If dealers would simply sell the vehicles for MSRP and no more no less... would we think they are screwing us?
I mean we don't walk into a McD's and say, damn I know this burger only costs you 15 cents to put on that plastic tray so i'm not willing to pay the 1.05 for it.
Dealers in many cases have done it to themselves, they try to undersell the other dealers, but pad it on the back end.
And honest dealers shows you the value of the money you are spending. tells you why this particular car is worth this particular price.
i personally don't believe in paying all the extra crap you see on some dealer's adendum window sticker. anything other than the MSRP sticker, I won't pay for. and i never finance with a dealer, I use my own bank and walk in with a check for the agreed upon amount.
Quote from: Raux on March 03, 2010, 05:28:02 AM
i personally don't believe in paying all the extra crap you see on some dealer's adendum window sticker. anything other than the MSRP sticker, I won't pay for. and i never finance with a dealer, I use my own bank and walk in with a check for the agreed upon amount.
i'll gladly carry a balance at 0% rather than dropping $10s of thousands in one shot.
Quote from: derby on March 03, 2010, 06:39:40 AM
i'll gladly carry a balance at 0% rather than dropping $10s of thousands in one shot.
I agree-time value of money (plus you can even earn 2%+ while it's in your savings account for a few years).
I dont know about the statement about car dealers being stupid.
If I could sell 5k or crap for 25k I would be pretty happy.
That is not stupid, thats effing brilliant.
Harley Davidson have been doing it for years!
BGB
Quote from: badgalbetty on March 03, 2010, 06:53:07 AM
I dont know about the statement about car dealers being stupid.
If I could sell 5k or crap for 25k I would be pretty happy.
That is not stupid, thats effing brilliant.
Harley Davidson have been doing it for years!
BGB
It was sarcasm
you know...1 : a sharp and often satirical or ironic utterance designed to cut or give pain
Quote from: derby on March 03, 2010, 06:39:40 AM
i'll gladly carry a balance at 0% rather than dropping $10s of thousands in one shot.
yeah, i look at it as free time -- not free money.
i will jump on almost any 0% loan I can get, just for the principle of it.. :D
Quote from: ducatiz on March 03, 2010, 07:33:00 AM
i will jump on almost any 0% loan I can get, just for the principle of it.. :D
that's punny. ;D
Please post an audio recording of any telephone response to the dealer. I can imagine you telling them how you're a happy customer not looking to renegotiate his purchase.
[clap]
Quote from: redxblack on March 03, 2010, 07:43:49 AM
Please post an audio recording of any telephone response to the dealer. I can imagine you telling them how you're a happy customer not looking to renegotiate his purchase.
[clap]
i got one phone call and basically told them i'd look at whatever they wanted to send me, but unless they had a document my wife signed which said "I HEREBY CHOOSE OPTION B) FINANCING AND RELINQUISH ANY RIGHT TO OPTION A) (CASH BACK)" that they could pound sand.
he said "well.. uh... let me get back to you."
I am not set up to record, I should be. Most of my clients are Maryland, which has queer phone record laws.
So here is the incentives they "stuck" us with:
http://www.kia.com/#/sorento/offers/ (http://www.kia.com/#/sorento/offers/)
We only knew about the 0% offer from the TV ads, nothing about $1000 cash back.
But I want to reiterate: We >>love<< this car.
ok i think i figured this one out.
the dealer has a 3% holdback on the truck. so in essence you didn't cost them money, but they didn't make a profit. BUT they did get a car off the lot, which saves them money on inventory financing.
so don't feel bad for them.
Quote from: ducatiz on March 02, 2010, 06:02:33 PM
But at the end of the day, we negotiated a deal, signed, sealed and delivered it.
Don't feel bad at all! Contract construed against the drafter! - their fault for not triple checking everything when they hold all the cars compared to the 'unsophisticated' consumer (i'm not calling you unsophisticated, but you already know that..., i mean, the general class of consumers)
This is a first semester K law "super win!"
[laugh]
Quote from: ato memphis on March 03, 2010, 01:57:53 PM
Don't feel bad at all! Contract construed against the drafter! - their fault for not triple checking everything when they hold all the cars compared to the 'unsophisticated' consumer (i'm not calling you unsophisticated, but you already know that..., i mean, the general class of consumers)
This is a first semester K law "super win!"
[laugh]
I used that exact phrase when I spoke to the sales mgr who called -- his response was "huh??" .. I ratcheted down the law school-speak so I wouldn't give it away that I knew where I stood.
That's really fantastic. They'd be estopped from changing the terms on you after the drafting/signing.
As the great David Epstein taught me, Contractual Modification is not like Masturbation! IT TAKES TWO!
Dealers aren't all stupid, neither are the manufacturers.
Consumers "can" be dumb too.
0% financing or 5,000$ cash back.
Which would you take?
Better run your payment calculations...........usually the cash back is the better option, but not always.
Awesome story! [thumbsup]
I guarantee that dealer has never called back a car buyer and explained that they screwed them over big time...but I'm sure they have screwed their share of car buyers over. Nice to see the buyer win one. [thumbsup]
...and no that isn't car dealer bashing. Dealers try to get the best price for themselves, as do consumers. The problem is those two prices are the opposite of each other. That's why negotiation is fun. ;D
I'd let them do vehicle service if you liked the place. The service guys won't have a clue about the car purchase conditions.
Car dealers are MONKEYS :D ;D ;D [laugh] [laugh] [drink] [beer] [bacon]
Quote from: cyrus buelton on March 04, 2010, 08:49:26 AM
Better run your payment calculations...........usually the cash back is the better option, but not always.
yup... http://www.wheatworks.com/free-loan-calculator.htm (http://www.wheatworks.com/free-loan-calculator.htm)
Quote from: cyrus buelton on March 04, 2010, 08:49:26 AM
Dealers aren't all stupid, neither are the manufacturers.
Consumers "can" be dumb too.
0% financing or 5,000$ cash back.
Which would you take?
Better run your payment calculations...........usually the cash back is the better option, but not always.
0% financing on what amount?
you won't see anyone offering $5k on a $30,000 car.
Quote from: ducatiz on March 04, 2010, 09:50:57 AM
0% financing on what amount?
you won't see anyone offering $5k on a $30,000 car.
It was a random number I came up with in my head; no truth or logic to it at all.
Ok, more realistic in your case would be 1-2500k off.
sometimes, based on loans, it is better to take the money off then the 0% financing.
However, not applicable in your case.
Was just throwing it out there to other car buyers to crunch your numbers before you sign your name.
Financing through a dealer can actually yield a better rate than going to your Bank.
I bank with Chase. When I bought my new to me used car last year, I checked Chase rates as well as a few other banks on used cars.
The rate I got at the dealer was better than any of those rates.
I ended up with a Chase Loan anyway.
Bulk buying power = lower interest rates.
Moral of buying and financing anything: RESEARCH
Quote from: TAftonomos on March 04, 2010, 09:33:27 AM
Car dealers are MONKEYS :D ;D ;D [laugh] [laugh] [drink] [beer] [bacon]
[clap] [clap] [clap]
Quote from: Raux on March 03, 2010, 08:45:13 AM
ok i think i figured this one out.
the dealer has a 3% holdback on the truck. so in essence you didn't cost them money, but they didn't make a profit. BUT they did get a car off the lot, which saves them money on inventory financing.
so don't feel bad for them.
When I bought my Scirocco last January I had a similar story with my VW dealer. He was trying to make money on a car not many people will buy. I basically got a fully optioned car for the price of a entry level 2.0TSI. That's paying 29,000â,¬ for the car instead of 37,000â,¬ MSRP with options. They wanted the car off the lot and they owed VW money as that car didn't move for months.
I'm happy and they are happy too. [thumbsup]
Quote from: NuTTs on March 04, 2010, 12:24:25 PM
<snip>
I'm happy and they are happy too. [thumbsup]
That's because you're not an American.
We don't know how.
unless we're pregnant doging about something. :P
y'know, another funny tactic would have been to return the car and say "deal's off - if I can't get both the rebate applied and the financing, then i don't want it."
see if they would take a used car
Quote from: ducpainter on March 04, 2010, 12:26:37 PM
That's because you're not an American.
We don't know how.
unless we're pregnant doging about something. :P
f'n kids in the control tower are going to kill us all....... run for the hills.... a giant wave of killer swineflubees is coming.
The selling side of the car business is pretty odd and somewhat fascinating.
A lot of times the dealer will sell cars for less than they paid for it because if they sell xx in xx amount of days, the manufacturer gives them a rebate. So they have to figure out how much to cut down the car price verse the potential rebate and the chances of it not paying out and them getting hosed.
Either way, car dealers don't make money on new cars. They make some on used and make the beast with two backsing KILL IT in the service department.
Quote from: cyrus buelton on March 04, 2010, 12:53:35 PM
The selling side of the car business is pretty odd and somewhat fascinating.
A lot of times the dealer will sell cars for less than they paid for it because if they sell xx in xx amount of days, the manufacturer gives them a rebate. So they have to figure out how much to cut down the car price verse the potential rebate and the chances of it not paying out and them getting hosed.
Either way, car dealers don't make money on new cars. They make some on used and make the beast with two backsing KILL IT in the service department.
You'd be surprised how many dealers don't even wound in the shop.
Not to say their rates aren't high...they just do a shit job of selling the shop.
The F&I guy makes the dealer money.
The used car manager can make them money...if he/she's not drinking or golfing all the time.
The parts and service depts can make a dealer money if run right... but 4 time out of five (my experiance having worked at 5 different ones) they fail as well.
Quote from: hbliam on March 04, 2010, 01:39:16 PM
Selling cars is not a profession, it's a job.
sales is a profession.
doesn't matter what it is you're selling.
Quote from: hbliam on March 04, 2010, 02:04:13 PM
Uhh, negative. Law is a profession, medicine is a profession. Selling cars is a job.
there are a few sales lifers out there.... but for the most part.... yup, it's just a rotating job with lil or no skill involved.
I couldn't do it well, so I can't say it takes no skill.
Quote from: hbliam on March 04, 2010, 02:04:13 PM
Uhh, negative. Law is a profession, medicine is a profession. Selling cars ( or any other product) is a job. The term profession has been bastardized over the years.
So when you were posting about roof sales in another thread and being all indignant you were just stirring up shit?
Is your primary profession a job?
What is your primary profession?
Roofing sales or law enforcement?
Is what I do a profession or just monkey work?
Quote from: redxblack on March 04, 2010, 02:14:21 PM
I couldn't do it well, so I can't say it takes no skill.
I sucked at it too. I sucked because I had a hard time lying to people. I've sold other things in my life and was quite good at it....cars.... not so much. Most dealer supplied training consists of teaching the "hold the customer hostage" technique and basic four square slight of hand.
I'm waiting
i think there is some confusion here between "occupation", "profession", "expert/expertise"
occupation
- the principal activity in your life that you do to earn money; "he's not in my line of business"
profession
- the body of people in a learned occupation; "the news spread rapidly through the medical profession"; "they formed a community of scientists"
- an occupation requiring special education (especially in the liberal arts or sciences)
expertise
- great skill or knowledge in a particular field or hobby; advice, or opinion, of an expert
I think there's a difference in the hierarchy based upon how thoroughly committed a person is to their work.
Quote from: bobspapa on March 04, 2010, 01:18:38 PM
The parts and service depts can make a dealer money if run right... but 4 time out of five (my experiance having worked at 5 different ones) they fail as well.
i think i see a pattern here. ;D
Quote from: ato memphis on March 04, 2010, 02:42:38 PM
i think there is some confusion here between "occupation", "profession", "expert/expertise"
<snip>
I think there's a difference in the hierarchy based upon how thoroughly committed a person is to their work.
Dood...how committed I am?
It's what I do. I didn't sign up to be a rockstar.
I think the 'creeping elitism' is rampant.
This goes to societal value.
i would categorize your career as towards the 'expertise' end of the spectrum in painting - you live and hopefully don't breathe [much] painting. and in your free time you do related stuff to painting (ducati board posting much?)
something that pays the bills and passes the time between paychecks is a mere job or occupation. somebody that really gets into their work moves towards professional, that's how i see it.
i believe that marty down at AMS here in dallas views selling [Ducatis] as more than an occupation - its a passion - a dream job - a profession. he professes to love his career working on, with, and around Ducati.
Quote from: ato memphis on March 04, 2010, 03:08:18 PM
i would categorize your career as towards the 'expertise' end of the spectrum in painting - you live and hopefully don't breathe [much] painting. and in your free time you do related stuff to painting (ducati board posting much?)
something that pays the bills and passes the time between paychecks is a mere job or occupation. somebody that really gets into their work moves towards professional, that's how i see it.
i believe that marty down at AMS here in dallas views selling [Ducatis] as more than an occupation - its a passion - a dream job - a profession. he professes to love his career working on, with, and around Ducati.
So...
I'm competent.
How do you characterize my work?
Is it a vocation?
An avocation?
A profession?
...and what gives you the right to discern?
GoodFellas "Funny How?" [HQ video] (http://www.youtube.com/watch?v=gxfxfnWRuTI#normal)
[popcorn]
;D
Quote from: derby on March 04, 2010, 02:52:12 PM
i think i see a pattern here. ;D
no shit. just say no to dealership work [laugh]
its in the penumbras and emanations of my morning constitutional, that's where i found the right... (constitution jokes ftw)
well an avocation is like a side hobby, and a vocation is the career - so i'm not sure what you would describe as your side career or side hobby, but mine would be 'guns n motorcycles'. i'm working towards a meaningful career if it should ever find fruition.
Quote from: ato memphis on March 04, 2010, 03:22:59 PM
its in the penumbras and emanations of my morning constitutional, that's where i found the right... (constitution jokes ftw)
well an avocation is like a side hobby, and a vocation is the career - so i'm not sure what you would describe as your side career or side hobby, but mine would be 'guns n motorcycles'. i'm working towards a meaningful career if it should ever find fruition.
so...
you're full of shit?
Can I just delete this thread and derby how cool it was that the dealer make the beast with two backsed up and gave me a great deal on a car my wife wanted?
[popcorn]
Congrats on the new purchase Ducatiz. My neighbor has the Soul and my girlfriend has the Optima. Both seem like really great cars! Far better quality and design then the GM rental I drove last summer in Tahoe area. [thumbsup]
Quote from: ducatiz on March 04, 2010, 03:31:15 PM
Can I just delete this thread and derby how cool it was that the dealer make the beast with two backsed up and gave me a great deal on a car my wife wanted?
You can lock your own thread.
Or you can continue to entertain me. Dance monkey, dance!!!
Quote from: ducpainter on March 04, 2010, 03:43:07 PM
You can lock your own thread.
or sleep deprived guy. You can go nite nites.??
(http://i3.photobucket.com/albums/y54/TheoAftonomos/Funny/moar.jpg)
Quote from: chronic lurker on March 04, 2010, 03:47:29 PM
or sleep deprived guy. You can go nite nites.??
She probably has some insight in all this.
i am locking this thread for a while.. i will unlock it later when i feel like it. maybe randomly lock and unlock it for a while.
good natured thread crapping is fun, all this whinging about how "i have a profession" or "you have a job" or "is it big enough?" is tiring.
[coffee]
isn't your profession a clown, 'tizzy?
Update
Dealer faxed a list of car loans with 1% options. No demands and no threats.
Honestly? If he called me up and said they made a huge mistake and to please come in and redo the deal...
... I might feel bad...
... For a few seconds...
Nissan pulled the same crap with a friend of mine. They had some recent grad incentive with 0% for a couple years then your intrest would kick in. She gave them $5K signed all the paperwork and drove home with a new car. A week later they called her back saying that she actually wasn't qualified for the incentive and that she had to come in with a co-signer for a new loan at x%.
She returned the car and got her money back.
When we bought the 2004 Passat we made a deal with a righteous sales adviser and made our arrangements for the 0% loan. The next day the sales manager called and told me I needed to come in and sign a new contract due to a price change. As it turned out the new contract was to include a $1000 dollar loyalty discount.
Car Dealers and Loans are very interesting.
My cousin is an attorney for OADA (Ohio Automobile Dealers Association). Basically they write legislation in the form of consumer protection or that of their dealers. Take your pick.
Anyway, in Ohio if you get financing that is not really "guaranteed"
The dealer has 30 days to actually get you a loan. If they don't at the end of that 30 days, you get whatever money you put down and turn the car back in. It is pretty make the beast with two backsed up.
Quote from: cyrus buelton on March 05, 2010, 06:33:52 AM
The dealer has 30 days to actually get you a loan. If they don't at the end of that 30 days, you get whatever money you put down and turn the car back in. It is pretty make the beast with two backsed up.
So you get to drive a brand new car for up to 30 days on the dealer's dime and return it, scot-free, if they don't get financing?
Seems like a great deal to me. AS long as you get all your money back. The dealer screws himself if he doesn't get you financing since that car cannot be sold as new anymore.
Quote from: howie on March 05, 2010, 06:17:14 AM
When we bought the 2004 Passat we made a deal with a righteous sales adviser and made our arrangements for the 0% loan. The next day the sales manager called and told me I needed to come in and sign a new contract due to a price change. As it turned out the new contract was to include a $1000 dollar loyalty discount.
so the price change was to lower it $1k ? That's sweet.
This same kind of situation happend to my mother a few months ago.
She bought a VW tiguan on the first of the month, got 0% financing...etc, etc.
A week later she calls me and tells me the dealer told her she needed to come back in and resign at a different interest rate. Turns out the 0% ended on the 31st, so he wasn't allowed to give her that rate [laugh]
I told her to take it back and tell them that she didn't want the car, unless it was at the rate that she agreed on--tell them to give her money and her jeep back (trade in).
Well...she gets there, and her trade in jeep has already been sold. She called asking what to do while she waited on the guy to figure something out. I told her to tell them that if they already sold her car, then they were stuck with 0% financing and to F*** off, because it wasn't her problem. So thats what she did (In much more polite words I'm sure)
Long story short: she's paying 0% for 36 months [laugh]
Quote from: ducatiz on March 05, 2010, 08:06:01 AM
So you get to drive a brand new car for up to 30 days on the dealer's dime and return it, scot-free, if they don't get financing?
Seems like a great deal to me. AS long as you get all your money back. The dealer screws himself if he doesn't get you financing since that car cannot be sold as new anymore.
Exactly. Sometimes they have to track down the car as the owner knows what went down.
My cousin just worked on some legislation regarding this very topic a year or two ago, but I can't remember what it was about.
UPDATE
So now the dealer called me back, apologized for their mistake and said they are sending me a deal which adjusts the sale price so they can get the financing and don't lose as much on the deal. He sent me the numbers and the financing is no longer 0% but they dropped the sale price by a BIG chunk so the monthly payment is the same over the 36 months.
I looked at the numbers closely, and that's that. He said they made the mistake and he was trying to save it the best way they could for them without costing me a dime more -- the monthly payment is one penny less.
wow. good for them. and for you. win win win (3rd one = we all win)
Quote from: ducatiz on March 08, 2010, 02:20:25 PM
UPDATE
So now the dealer called me back, apologized for their mistake and said they are sending me a deal which adjusts the sale price so they can get the financing and don't lose as much on the deal. He sent me the numbers and the financing is no longer 0% but they dropped the sale price by a BIG chunk so the monthly payment is the same over the 36 months.
I looked at the numbers closely, and that's that. He said they made the mistake and he was trying to save it the best way they could for them without costing me a dime more -- the monthly payment is one penny less.
Happy Boy (http://www.youtube.com/watch?v=J40rLaARx00#normal)
;D
Can't beat that!
Nice to hear all worked out [thumbsup]
Quote from: ducatiz on March 04, 2010, 05:14:11 PM
i am locking this thread for a while.. i will unlock it later when i feel like it. maybe randomly lock and unlock it for a while.
good natured thread crapping is fun, all this whinging about how "i have a profession" or "you have a job" or "is it big enough?" is tiring.
[coffee]
[popcorn]
Wow. A dealership actually honored its own mistake and worked out a deal to please its customer?!?!?! Big +1 for the dealer
Shit, now you have to find a different way to screw with the dealer.
Quote from: duccarlos on March 09, 2010, 05:07:58 AM
Shit, now you have to find a different way to screw with the dealer.
Start make the beast with two backsing around with the electronics that control the accelerator............
I'm guessing that dealership's mistake (and more importantly, the way they made good on it) just bought them some serious loyalty. Nice.
Quote from: ducatiz on March 05, 2010, 05:49:05 AM
Honestly? If he called me up and said they made a huge mistake and to please come in and redo the deal...
... I might feel bad...
... For a few seconds...
It's hard enough to believe that a dealer screwed up... and now you're asking us to believe that lawyers have feelings!!!
Nah - sorry dude - but I ain't buying that one
[evil] ;D [evil] [cheeky] [evil]
Quote from: cyrus buelton on March 09, 2010, 05:39:29 AM
Start make the beast with two backsing around with the electronics that control the accelerator............
You're crazy.. [laugh] [laugh] [laugh] [evil]