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Got a Quick Question for a Car Dealer?

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  • I am buying a new car from dealerhship

    The Dealership says they need my SSN for the OFAC compliance
    OFAC is a Federal government program to find known terrorists involved in financial transaction, which may include purchasing a car

    Using these instructions, you will see that the only info needed to run the OFAC search is the person's name and address.

    The reason dealerships tell you the SSN is required is that, the credit bureaus will provide two things to the dealership: the customer's credit report (or score) and their OFAC Report.

    But, if you're not financing the purchase through the dealership, there is no need for a credit report, and the dealerships are simply dishonest to tell people that an SSN is needed for OFAC Compliance.

    If the dealership does this to you, tell them to give me a letter on the dealership's letterhead requesting your SSN for OFAC compliance. You can then send that letter to OFAC who will warn the dealership NOT to do this again.

    If you have any questions, call OFAC: 800-540-6322

    www.treasury.gov/ofac

    Look for this heading: Office of Foreign Asset Control (you can use these instructions to search the OFAC database - yeah, these are the known terrorists and terrorist organizations the government is trying to find)

    1) Select Resources
    2) Search the SDN List
    3) SDN Search – you are now on this page
    4) Under type, select Individual and type in any name
    5) You can also download the list of Specially Designated Nationals (SDN)
  • robr2robr2 BostonPosts: 7,599
    a print-out of a webpage advertising the sales price of my desired model at a dealer that, while not close by, is located where I'm planning to visit in 5 weeks.

    Showing the print out from a not local dealer probably gave them a sense that you weren't a serious buyer. If you mentioned you were going there in 5 weeks, that likely convinced them you weren't a serious buyer TODAY as you were willing to wait 5 weeks.
  • stickguystickguy Posts: 13,584
    still, if the price is something they would do for a quick sale to get another unit punched on the month, why not just say yes? either she buys the car right then (bonus sale before closing), or she flakes and leaves, and they are exactly in the same place.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • robr2robr2 BostonPosts: 7,599
    edited January 2013
    still, if the price is something they would do for a quick sale to get another unit punched on the month, why not just say yes? either she buys the car right then (bonus sale before closing), or she flakes and leaves, and they are exactly in the same place.

    I'm guessing it was because she walked in an hour before closing time and it wasn't worth it to them.

    What she offered may have been too low.
    They may have hit their numbers for the month and didn't need the sale.
    The finance/paperwork folks may have gone home already.
    The detailing staff was gone.

    Who knows but they didn't want her business at the price she offered.

    IMHO, the walking in an hour before closing time is akin to yelling out "who wants to sell a car today?"
  • Yeah.... last day.. good plan...

    Last minute? Not so much..

    It was New Years Eve..... people have plans, and most of the "month-end specials" are good until January 2nd...

    Moderator - Prices Paid, Lease Questions, SUVs

  • I forgot to ask...is it common for new cars to have over 300 miles on them? what is standard? Is having over 300 miles a legit reason to negotiate a lower price? I just walked since I wasn't sure how to proceed upon hearing the car had 330 miles on it (after being advertised as having 10 miles).

    thanks :)
  • stickguystickguy Posts: 13,584
    it can be. Might have been a dealer transfer, or could have been used for a lot of test drives. If it was transfer miles, no big deal. test drives, harder to say. But yes, normally you should expect more off for a car with miles, but that is in a gray area of being enough to matter.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • robr2robr2 BostonPosts: 7,599
    As noted, it may have been a dealer trade or used for test drives.

    Either way, it really shouldn't be an issue. Dealer trades are usually done by part time retirees and aren't driven hard. As for test drives, most dealers aren't going to allow customers to beat on the car.

    As for standard miles on a new car - there isn't one. What defines a "new" car is if it has been titled.
  • I don't think such few miles would be a point of negotiation, because the next buyer probably won't care.
  • Agreed.....

    At most, a dealer might knock off $0.30/mi... or, $100 in this case...

    Some people have a hard time with mileage on their new car... others couldn't care less... Dealers don't care, for sure..

    Moderator - Prices Paid, Lease Questions, SUVs

  • verdugoverdugo Posts: 1,977
    I just walked since I wasn't sure how to proceed upon hearing the car had 330 miles on it (after being advertised as having 10 miles).

    For me, 330 miles is not a deal breaker. You wanted a car at fire sale price and got it, so that's fine.

    I have more of a problem with the car being advertised as having 10 miles, but actually having 330. It would just give me a bad vibe about the dealer.
  • stickguystickguy Posts: 13,584
    well, that does not sound horrible. remember, the ads are not real time. probably had 10 miles when they did the ad, and it got used after that (test drives or maybe a salesguy used it temporarilly). the don't change the online ads every time it was driven.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • In my book at least, 330 miles is a non-issue on a new car.
  • bb333bb333 Posts: 1
    I need a (late model used) car in a short time period but couldn't get out of a work related seminar so I printed out some cars for the hubs to check out today. There was some miscommunication as we were talking though texts during breaks - long story, he went to the wrong dealership and negotiated a final price on a car that I wanted, but the car was priced $2k more than similar cars at the dealership that I had expected him to go to. He put no money down but convinced them to hold it for me to do a quick cash transaction in the evening on Monday. They spent hours discussing/dealing..

    At first I was just going to buy it because of the honor system, but as I thought about it, I really can't justify spending $2k more (these are the same cars, model years, and actually the cheaper ones have lower mileage - although they are all low mileage). Hubs is not happy with me wanting to back out because he feels he has bonded with this smaller ma and pop dealership. My idea is to go but bring the documentation from the other dealership and see if they can work with me at all. They originally said that they could go no lower, though. Is it worth the confrontation and aggravation to try or should I just call it off? This dealership is a little out of my local area so I will have wasted another night of car shopping by driving out there. I need a car by the end of the week, but the sooner the better. I feel terrible, but I'm also not financially at a point where $2k isn't a significant amount to me. I guess what I'm asking, is if, final offers are still negotiable, and if this is not going to be taken personally, as it's just business, right?
  • stickguystickguy Posts: 13,584
    if you did not sign the papers and roll the car over the curb, you are not legally obligated to take it.

    certainly you can call the dealer, and explain the mistake (just blame your husband, everyone will accept that!). You can ask if they will do whatever it is you were hoping for, and if not, apologize, thank them for their time, and go where you have the paperwork from.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • imidazol97imidazol97 Crossroads of America: I70 & I75Posts: 17,699
    to bb333: I'm with stickguy, but I would go in person.

    I would also be very sure the other store has the car you want and is at the price you think they are, out the door, with no addons.

    Then be straightforward with the higher store.

    My thinking is a bird in the hand is worth two in the bush. If the car they have is suitable and you like it other than the total cash on the deal, you can play bad cop and work them down or walk while your husband had the role of good cop. But I would be very sincere that if they meet somewhere in between or near that other price, you've got the cash to finalize the deal.

    This message has been approved.

  • imidazol97imidazol97 Crossroads of America: I70 & I75Posts: 17,699
    I may be wrong, but I thought despite whatever papers are signed, the deal is not consummated until the car leaves the dealer lot over the curb. So I can back out despite a signed deal.

    This message has been approved.

  • That's true.. if they have some of your money, the problem might be stickier... but, if no deposit given, just call up and call it off..

    If they had the car I really wanted, I might show up, say my husband is a buffoon, and no way I'm paying $XXXX + $2000 for that car... However, I might be convinced to buy it for $XXXX.... :)

    Moderator - Prices Paid, Lease Questions, SUVs

  • qbrozenqbrozen Posts: 16,893
    edited January 2013
    Odds are extremely slim that one dealership can truly sell a comparable car for $2k less than another. So either the first dealer can go lower or the 2nd dealer doesn't have a comparable car for that lower price.

    If you give me all the details on both cars, I could give you a better idea of a fair price.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • I'm also suspicious of this $2,000 difference. Numbers have been known to change during the time it takes to go from telephone to showroom :)
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