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Stories from the Sales Frontlines
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try some here....
Go to any of these sites Edmunds... KBB...
Enter a 2001 any vehicle with 130k on the clock.... get a price.... than enter same vehicle with 200k on the clock.... see what you get :surprise:
gP
this is quite contrary to the credit crunch......
Not a good idea. It'll attract people who don't have the money for payments now, and maybe won't have it in a year.
Someone mentioned on these forums about the situation Mitsubishi USA put itself in a few years ago. I think it was where they had no payments for a year, approved anyone, and after a year had to repo a lot of cars because people didn't feel like starting to make payments on their one year old cars.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
That sounds like a lease. I am sure it is no money down towards the cap cost but will probably have to pay up front fees and acc fee. You will be leasing the car at full pop. The dealer will use the gross to make the first years payments...
Just guessing... I would also guess it is a Altima... I am not even sure if it is possible.
Or more the likely it is a Armada or Titan... It could be a finance this way using the rebates and gross to make the first years payments.
The one thing that isn't possible is always attainable.
GP
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Please try back soon!
Then I looked for some complaints on other websites and there were some really good ones. I found these two interesting and fun to read:
David of Allen TX (08/17/08)
My complaint is on similar terms. After negotiating with Trophy and another dealership for a car where another dealership offered a better price, one of the sales managers (Tim) convinced me over the phone to come to Trophy as he would beat any dealer by $250. When I arrived at the dealership the next day as planned, turns out the car that we had an agreement on.... had been sold--BEFORE Tim (or Timothy) had lured me to the dealership this deception. We made a trip out to trophy nissan believing we had a deal on a certain car for a certain price...and the managers knew they didn't even have the car they were selling! Even more, when we arrived at Trophy ( I was told by manager Timothy to find him when i got there), he wouldn't meet with me as he was 'too busy.' If you want to be treated with honesty and respect, do not go to Trophy Nissan!
Horrible experience
Melinda of Balch Springs TX (07/28/08)
I went in on a saturday and met with salesman Jason and test drove the Nissan Altima and feel in love with it. I did not have the time that day to purchase it but made an appt with Jason to come back the following friday as it was the only day he would be back at that store that week. I went back on Friday as agreed and Jason was not there nor could he be reached by cell phone so I met with another salesman.
I made it very clear to him of what I wanted to spend and what I had to put down and to please be respectful of my time. I explained I did not want to be up there for hours haggling. He assured me that would not be a problem. Three hours later after trying to convince me to buy a car that I didn't want he showed me a car that was within my price range that had a few extras on it so I got really excited. He said let me go work the numbers on it when he came back he shook my hand and asked what color I wanted I was estatic and just to be sure asked on the care I wanted right and he said no that one was out of your price range.
I was so disappointed I felt he had pulled the old bait and switch on me! He showed me the numbers he had come up with on the other car and they were outrageous! Completely way beyond what I had explained to him that I had to stay within. Just for curiousty sake I asked him what the interest rate would be and he refused to tell me without me making a commitment. After my third request for the interest rate and refusal to agree to anything until I knew what it was he went & got the finance manager. I then began the whole process over of asking the finance manage repeatedly for the interest rate and he finally told me it didn't matter what it was.
He finally threw a number at me of 15.9% which was ludicrious so I left immediately! To add insult to injury Trophy Nissan calls all it's perspective clients to ask them how their experience was and when I explained how disappointing mine was they asked if I would ocnsider coming back in and meeting with a manager. The girl on the phonw was very apologetic and said she would make sure I spoke directly with a manager. When I return no manager ever meets with me but a salesman named Dominck assures me that he can take care of me so we begin the process of finding the car I wanted and he tells me he is going to get the numbers & be right back.
45 minutes later he still has not returned so I ask another salesman if he will locate him for me. He comes back in a few minutes to tell me that Dominick was called away on a family emergency. He never came back to tell me he was leaving or even sent another salesman to let me know he simply left me sitting there. I left immediately and will not do business with them myself or recommend them to anyone.
They wasted many many hours of my time that I could have been a reputable dealership and the gas driving back and forth.
There are many more, but that might be typical for all dealerships OR are most of them better!!!!! :confuse:
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I just did the same thing as someone else mentioned I looked them up. Anyway as the poster mentioned they didn't list it under their new car specials. BUT... they have a little advertisement video on there web page where they are in a sales meeting. On the white board there are numbers listed.... $12,000 off and no payments till 2009.
Well as I mentioned before that would be on a titan using the rebate. You are probaly financing for 72 or 84 months using all that $12,000 for your first years monthly payments. I guarabtee that it does not include sales tax or registration fee
GP
Are dealerships this desperate? Used to be the newspaper ad gave you the monthly payment. Then it was a bi-weekly payment. Next it will be the weekly payment. I am waiting for the daily or hourly payment. It will just cost you 2 cents a second to buy a new Guzzlermobile!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Ummmm.. . 2009 is only a little over 2 months away... That wouldn't be hard to do..
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$.02 x 60 = $1.20 a minute
$1.20 x 60 = $72.00 an hour
$72.00 x 24 = $1,728.00 a day
$1,728.00 x 30 = $51,840 a month!
$1,728.00 x 30 = $51,840 a month!
Yeh but some dealer will come up with it and some dude will think, "Hey 2 cents a second - sounds like a great deal"
Those calculations are amazing though!!!!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
It's coming, daily, hourly,minutes then seconds.
Mr Shiftright says "Actually I'd like to know the cost per second of a new Porsche Turbo, and I'd buy 4 seconds."
Well, at least you'll get to go 60mph before you have to give it back!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
John Burman
The Hamilton Spectator (Hamilton Ontario Canada -Genesis would be about 20% less U.S.)
(Oct 16, 2008)
The test drive from hell started when a man admiring a $47,000-plus Hyundai Genesis suddenly grabbed the keys and dove behind the wheel.
What followed was a wild ride up and down Parkdale Avenue North Tuesday afternoon that ended with an arrest in Brantford.
Hamilton police say a man walked into Hamilton Hyundai around 2:30 p.m. and took the top-of-the-line Genesis sedan shortly afterward.
"He was walking around in the showroom and asked for the keys to one," sales manager Sean Wilson said yesterday.
"There was something about him," said Wilson, who's learned a lot about human nature in his 11 years in car sales. "I figured I would walk around with him."
The man went over to the Genesis parked outside, asked a few questions and asked Wilson to unlock it. Then he said he wanted to hear it run and snatched the keys from the salesman's hand, jumped behind the wheel and started it up.
"I hopped in the back and next thing he's doing 60 mph up Parkdale, telling me to get out."
When Wilson refused to get out the first time the man stopped the car, he drove the wrong way at high speed up one side of Parkdale against oncoming traffic.
The Genesis, Wilson said, "has 290 horses and he used all of them."
"He stopped again and yelled, 'Do you want to get out now?'
"So, I said OK and got out."
As Wilson headed back to the dealership, the car disappeared.
About 4:30 p.m., the same man drove into the Brantford Hyundai dealership on Powerline Road and a salesperson noticed the car had no plates and a Hamilton Hyundai price sticker on it.
The driver claimed he was making an inter-dealer delivery and said he wanted another car or a ride back to Hamilton.
A quick check with Hamilton revealed the car was stolen. The dealership called the OPP and stalled the driver until police arrived.
A 36-year-old Stoney Creek man has been charged in Brantford with possession of stolen property worth more than $5,000. He is charged in Hamilton with dangerous driving and theft over $5,000.
The car hadn't returned to Hamilton by midday yesterday but Wilson understood "it's all in one piece."
My Question is; "Who's going to pay $47,000 for a Hyundai?
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Drive the car and you will get your answer.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
It becomes excessive where you start to think "If they lied to me about the milage, what else did they lie about?"
For me that would be anything over 1 mile. :mad:
I would demand that the wife give free oil changes for letting her husband down while he was unable to perform his "manly" duties (car buying).
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
If you don't really care about the badge, then you can get into a Genesis for the same price as a used 3-4 year old 5 series or E Class.
Even some of the Kias Magentis-es (Optimas in the US) we have on the lot are not bad for an entry level mid size sedan.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
Mitsubishi tried that a few years back. Nearly put them out of business.
It attracts [non-permissible content removed] deadbeats who after a year walk away from the car without having paid a cent to trash it.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
That's still business as usual here in Orlando as I'm still seeing and hearing all kinds of screamer ads promising the moon.
I guess my problem is...for $20,000 a Sonata looks pretty good, reliability is excellent, and if it lasts for 3 or 4 years I would be happy, anything more would be a bonus. For $47,000, I can get a very nice Lexus, Infinity, BMW, Mercedes and much more, and no matter how great the car is (and I know the reviews have been very good), I still have trouble coming up with $47,000 for the company that was making Pony's not so long ago. It is a psychological thing, not real, because I know the car is well worth the price, but I don't think I could actually buy it! Is it just me or does anyone else feel the same.
In fact, it would be easier for me to spend $60,000 on a Mercedes or 5 Series than $47000 on a Hyundai, even if it is a better car. :confuse:
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
It's you.
Me too!
Maybe, in 10-20 years Hyundai will earn more respect from the buying public... to be mentioned in the same breath as some of the manufacturers you listed. But, $47,000 for a Hyundai... come on.
Don't know why Hyundai didn't create a luxury division like the other auto
makers. May have helped with sales. :confuse:
"
Maybe they can design a new PT Cruiser that looks like a 1960 Valiant and start the demand all over? "
Mirrrors my own thoughts. I've always thought
Amc went under was because they chose mean names for their vehicles, If you buy a Hornet, what adjective goes with that ? Or a Gremlin, do you not deserve car problems ?
While the spacer( pacer) was mean term neutral, it was not a pretty sight.
What usually happens in a situation like this? Could they really be liable for that loan?
That's the wrong calculation. Spreading the cost over four years on a $40,000 vehicle works out to about 0.03169 cents per second. Now who can't afford that?
tidester, host
SUVs and Smart Shopper
I am wondering the same thing as you.
A Ford dealer near here just closed. A guy who bought a used Charger six days before was called and asked to bring the car back *that very day*! Seems like when a dealer goes under, they simply lock the doors and go home. The news reported that no one would be available in person, by phone or email to help resolve any outstanding issues. Anyone with any concerns must send a letter to a local post office box. I am sure someone will get right on top of all those letters.
What happens now? What recourse is there? If you put a down payment on a car and the dealer shuts the door before your title work is processed, do you become just another victim/creditor in bankruptcy court?
It may now be necessary for the buyer to ask the dealer for a statement of financial condition. At this point, I am not sure that I am willing to fork over any money until I can get the title/MSO in hand. :mad: I'd rather do my own DMV work anyway.
Many yearsago a dealer here went under and it was handled like a regular bankrupcy. People lost their deposits etc. Of course payments continue. Excellent point, I don't know for sure, but I think you could be out any money. Even getting your car out of the service garage might take awhile...they usually lock the place up until they can figure out who owns what. Probably best to deal with car dealers who are actually selling cars to be on the safe side.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
It is all about perception. We all know how cheap, tiny and unreliable the japanese cars are......till they proved otherwise in a decade or so later
I hate to have a tidster correction but I think you have to check again
There is 86,400 seconds in one day.... even if you were charging .01 cents, you would be spending $864.00 per day (at one cent per second) times 365 days a year = $315,360 per year times 4 years = $1,261,440 per every 4 years... now if it was 2 cents of course it would be double :surprise:
Just my two cents
"Bring the big Mack back"
GP
"top of the line ... $47k ... 290 horses"
290 horses is the V6 version, which isn't top of the line and doesn't cost $47k. So he either stole a loaded V8 with 368 hp or parts 2 and 3 of the equation are inaccurate.
You'd think the salesman who got kidnapped in one should know his product a bit better. ;P
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Foothillsford.net
That's right: Planet Ford. ...speaks volumes about the character of Planet management. :sick: :mad:
The real Foothills Ford is at foothillsford.com
It was in Canada so prices are about 20%higher. It has been in the newspaper and on radio stations so it is true. The salesman might have got some facts wrong...he was pretty shaken up.
For some fun if you like 50s and 60s cars:
link title
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I must correct myself on the pricing, though. I assumed the options were the same across the board, but it looks as though the V8 tops out at only $42k here in the states. The V6 is $40k with all the bells and whistles. Apparently, Edmunds let's you add redundant option packages, which caused a bit of confusion for me.
Still, though. "Top-of-the-line" means V8 to me. I hate seeing ads saying "fully loaded" and are missing moonroof and Nav. I mean, what the hell is a car WITH those things? "Overly fully loaded to the max"? Just one of my pet peeves.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I think the salesman meant - Top of the Line - in a general statement, "It is their top of the line model, not just a Sonata". Also, he probably exaggerated the price, as salesman are prone to do lol, that way the haggling starts higher.
Top price in Canada with V8 and tch package is almost $48,000. Includes doors open with the key still in your pocket, don't know how they do that. Also, a laser beam makes the windshield wipers go on. It really is a lot of incredible car with great technology for the price. But, I like the idea that they should have made it a separate division, and not used the Hyundai name. Personally, I am not crazy about the grill, but the rest looks pretty nice...they have learned to copy Mercedes and BMW well and blend it all together to come up with a smart design. The interior is fantastic.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
That's a very good point. People said if you scratched the paint off the first Toyotas you would see Campbell's soup tins underneath. Most companies are rough in the beginning, but once they find the formula (usually what they can do better) they take off. It is too bad they get a poor reputation in the beginning, because it takes a long time to make that back....and Hyundai could probably be getting 10 to 20% more per car if it wasn't for trying to make that up.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
He's not referring to $0.03169 per second, he's referring to 0.03169 cents, basically a three hundreths of a cent. Basically times it by 30 seconds at it'll cost you a cent.
One cent per 30 seconds to finance a $40k car over 4 years.
$40000 / 4 years = $10000 per year
$10000 / 12 months = $833.33 per month
$833.33 / 31 days = $26.88 per day
$26.88 / 24 hours = $1.12 per hour
$1.12 / 60 minutes = $0.018 per minute (a mere 1.8 cents per minute)
$0.018 / 60 seconds = $0.0031 per second (0.03 cents per second)
:shades:
That should be my new ad campaign:
Drive this new luxury car for less than one cent!!! That's right only one cent!*
*less than one cent per second, OAC, for well qualified customers.
This way nobody can say that they can beat my payment :P
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
Remind me not to do business with you: 0.01¢×86,400 = 864¢ = $8.64. :P
Edit: See boomchek's post!
tidester, host
SUVs and Smart Shopper
Are you Legally dead?
At Shiftright Motors
WE-DON'T-CARE!!!
If you own your own tie,
If you still have some furniture left in your house....
We can put you into a lease for a BRAND NEW 3-Series BMW for ONLY
$16 a day!!!!
That's right.
Why you couldn't rent a used Gremlin for that!***
Quite often it is the case Joe.
Sometimes a bad product sticks in the memory so much that even the good ones suffer from that, and vice versa.
case in point.....Mazda 626 auto transmission. Bad reputation. So much so that it hurts the sales of the Mazda6 even today, even when it goes toe-to-toe with the leaders in terms of overall quality and reliability.
tidester, host
SUVs and Smart Shopper
It was top of the line in the V6 class :sick: Ha ha.....
“How do you make money doing this? The answer is simple. Volume.”
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
I may have been wrong on this one
I can't remember if the OP said per second or per minute.... Either way I found out I want to make $0.01 per second for the rest of my life... actually i would be ok with just 10 years :shades:
GP
Edit: See boomchek's post!
Try it again $0.01 x 86400 =$864.00 for every 24 hours...
I may be wrong... Wheres JM he knows how to count his pennies.... or wheres my accountant Snake or Jip....
If I am wrong I will admit it but I am pretty sure I am right. To relate this to the front lines.... being on the sales floor I have to deal with numbers all the time;
Customer: I want to be $300 per month
Well Mr. and Mrs. Bailoutplan.... You are currently looking at a $30,000 car, Do you plan to put $15,000 down.
Monthly payment was used with a average store rate
GP
If you still have some furniture left in your house....
We can put you into a lease for a BRAND NEW 3-Series BMW for ONLY
$16 a day!!!!
That's right.
It would be a perfect ad if instead of $16 a day!!!!! it said "For Less Than 1 (one) cent a second. Come on in all you people who want the lowest payment possible.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Drive this new luxury car for less than one cent!!! That's right only one cent!*
*less than one cent per second, OAC, for well qualified customers.
I bet you would get more customers than you could handle....... but most might not be able to sign their name.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I always think of "perception" as some volatile and changeable thing that can disappear from the public's mind in a minute, whereas if it STICKS in their heads for a decade, well that's become the Real World at that point.
Of course I am only perceiving perception :P
The Mazda 626 WAS a crappy car. That wasn't perception.
Huh? You really think people still hold a grudge against Mazda? I'm surprised to hear that. Mazda as a company stepped up to the plate any number of times for the consumer, more than most companies.
If you are financing $40K at 6.5% compounded by the second it would be 0.035667 cents a second.
In reality if you made the required payment every second for the 4 years you would end up saving $540.89 in interest over paying it monthly.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
My wife brings me this $50 shampoo from her work that's suppose to help with hair regrowth. :sick:
I read the back of the bottle and it says
"9 out of 10 users perceive a thickening effect" :confuse:
Ummm, doesn't say 9 out of 10 have scientific proof of hair regrowth, or that 9 out of 10 people lose their bold spot, just that they "perceive" a thickening effect.
That pretty much says nothing, as in simple words it says that 9 out of 10 users "think" their hair feels thicker. Not very reassuring.
To stay on topic: I had really good success advertising bi weekly payments. What's crazy though is some sub primers pay upwards of $300 bi weekly.
I remember when a normal ownership car payment was less than that monthly not so long ago.
My wife's new 04 Civic payments is I think $270, 5 years, with $3k down.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX