Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
Options
My Salesperson Misled Me
This discussion has been closed.
Comments
More and more it seems it's not what you agreed to do, but it's what you can get away with after agreeing to terms. And that is from both sides of the table, dealers and customers as well.
I should have deposited and made them go through hell to get their money back. People like that just amaze me.
You ducked the question.
The car in question was described as having a nice appearance except that the finish around all edges of doors, trunk, hood, etc was lacking to the point that it was obvious to the dealer the car had been re-painted.
Now, knowing that, that's the one I'd like your store to give me a price on compared to one exactly like it but without a paint job.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Fast forward to October this year. He sitting behind a Suburban driven by a woman that decides she's just going to back up without looking and then drive away.
My boy described it as if it was in slow motion. He kept honking the horn to no avail. She did about $2100.00 worth of damage. New hood, grille, bumper had to be repainted, new headlight on driver's side. I think the car is jinxed. I told him he should trade it in on a tC. The Prelude is really nice, I drive it once in a while for fun. Gas is expensive since he has to put premium fuel. It's not like the Toyotas that recommend premium for better performance but run fine on 87 octane or higher. This one says it right on the instrument panel, "unleaded premium fuel required"
So anyway, getting back to the subject, if we were to sell it I would tell the prospective buyer about the two mishaps. Honesty is the best policy. We have the records of repairs which were done at one of the MBZ dealers and they have the best reputation in town for body and paint work.
The car looks practically brand new. He babies it a lot.
:shades:
Yep thats right the same thing happened to me once. We shook hands, made a deposit for the vehicle since it was closing time and made an appointment for the next evening. Came in and the price hand gone up and the financing had changed.
Ok its not exactly the same thing, but you get the drift.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
I disagree, it's EXACTLY the same thing. :mad:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I'd have kept their check. When selling a condo near Cincinnati, a person had put down a deposit and then didn't follow through on the purchase. I assumed the deposit had been returned. I knew the Realtor I'd picked knew her job well. Several months after it sold I got an agency check for the amount of the deposit. It had not been returned. Nice bonus for me and my new wife.
2014 Malibu 2LT, 2015 Cruze 2LT,
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
I just don't get it.
Mackabee :shades:
True, but from a moral perspective there's no difference. How can I call a dealer a crook for taking a deposit and then changing the deal if I make a deposit and then go buy the car elsewhere?
It's no wonder people don't trust your word any more.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
It's simple. Some people are so selfish and self absorbed that they never think about any one but themselves. I bet if you asked that guy if he understood how much trouble he put you and the dealership through for his $50 he would say: "So what?". It's too bad.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
It's hard to say. One guy appraising the car might knock it 1000.00 for the repaint and another guy appraising the car might not even catch it. It's like you want me to say..." Oh, we would decrease thhe ACV by 1210.00 because it's been repainted."gain
And again, on a 5000.00 car, it wouldn't affect the value much as compared to a high dollar car.
I went to a different dealer and bought one. No way would I do business with him.
If you’re a well run store and I’m sure your store is, I doubt that a paint job would be missed by a professional appraiser. All I wanted you to say was that a paint job would decrease the value of the car. I wasn’t looking for an actual dollar amount.
And again, on a 5000.00 car, it wouldn't affect the value much as compared to a high dollar car.
Since you brought this up, at what price point is a car considered a beater and one that you wouldn’t want on your lot. I’ve been told by a couple guys in the biz that unless a car is very popular and is in great shape for its years and miles they don’t want it. Over the years, I’ve talked to many guys that work in the body and service shops at dealers and they say they’re always looking for cars like this.
Any of you biz guys are free to answer this. Don’t make ‘isell’ do all the work. :surprise:
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Do we keep this thing or do we wholesale it?
We look at the whole picture. How many miles does it have? What are the guys in the shop going to find when they inspect it?
I will say, it seems like every time we take a chance, we get stuck.
A Dodge Caravan comes in. OK, we know these things are hard to sell but it looks pretty good and the miles aren't excessive. We pay to have it detailed and inspected.
Turns out, it needs brakes and another 500.00 in repairs. We fix it up, replace tthe cracked windshield and advertise it.
Then the battery dies and we replace that. Two months later, it still sits. Finally, we give up and take it to the auction and lose 400.00 on it.
Yes, there are cars we don't want.
Well, that depends on the dealership and its clientele.
A Lexus store would probably consider a 2000 Honda Accord a beater, yet that car may be front line merchandise at a Hyundai store.
If the car is less than 4 yrs old, and is popular,having a repaint is the kiss of death.
There are simply too many other unmolested cars out there in the marketplace.
What a guy who works in a bodyshop wants and what a regular consumer wants or will accpet are 2 differnt things.
A guy in the biz would be more accepting of such a car because he can judge how much work was done,and how well it was done.Plus, he knows that he isn't going to pay the going rate for such a car anyway.
Assuming you explained the rebate situation before the customer left and after he came back it's his tough luck. Sometimes delaying a decision has it's consequences.
I think the case mikefm58 was talking about involved a "bump" without any justification. That's just greedy.
You say that charging these idiots an extra $500 would bring you joy. Is that only if they paid the money and took the car or would you be just as happy if they call called you a crook and walked out?
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Either. Well actually let me explain. We would tell the customer that rebates can change daily and then they roll their eyes saying, "Yeah right...whatever...you guys just try to make us take the car today. That's a usual salesman lie. These rebates won't change in a day or two".
Those are the ones that it feels good to charge more. I am in PA and we have the strictest laws in the US regarding automobile purchases. Knowing that, it angers me that people STILL think we were always trying to get something over on them. Good for them.
Spite never sold or bought a car.
Now, having said that, I cancelled a deal the next day when I went back to pick up a used car (86’ Grand Prix in 88’) because the dealer didn’t put in a spare tire, which he said he was going to do.
It was too late for me to do the final inspection like I wanted to do and they agreed that I could come back the next day to pick it up. When I went back, the SM said, “you could have taken that car last night and came back for the tire. Now I don't want to put a spare in that car; this deal is already a PITA”. I said, “where do I go to get my deposit back, that’s not what you said last night”. When I started to walk away he said, “OK, I’ll find you a tire, there are a lot of those space saving tires around here, give me a minute”. I said, “why didn’t you say that a minute ago” and he said, “I wanted to see what you would do”. :surprise: I said, “I don’t play games like that, I don’t want the car, all I want is my deposit. He then said, ‘C’mon, I was kidding, can’t you take a joke” and I walked away. As I was going to get my deposit I could hear him yelling, “I said I’d find you a tire didn’t I and I’ll take another 50 bucks off, that’s all I have left in this deal to give you”. I got my check and left.
I know that was spiteful and three days later I went across the street and bought an 85’ Grand Prix, for less money, of course. (That car wasn’t on that lot three days before when I looked, just before I was about to buy the 86’).
My oldest son, who was in high school, still tells me I bought the wrong car. Since he had no input/money in the deal he didn’t get to make that call. But like I said to this day he still says I bought the wrong car. I, the one with the money, still disagree with him.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
We both agreed on a price AND the financing AND a delivery date & time. I showed up and he refused to honor the price. This was all done over the net. Just because other customers are jerks doesn't give him the right to treat me as one.
Before I went to a dealer I would check the end date for any rebates. If the saleman told me something different than my research indicated I would ask him to show me proof. If I didn't believe him I'd probably walk but if I turned out to be wrong I wouldn't be mad at any one but myself. In that case I would pay the extra money because the salesman was being straight with me.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Would you mind saying what dealer you are at, or what brand you sell, or what area of PA?
I live in PA and I want to make sure I never go there.
2025 Forester Limited, 2024 Subaru Legacy Sport
I don't mind saying that thread is over.
tidester, host
SUVs and Smart Shopper
Talk about being saved by the bell and I wasn't worried about us.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
We have others that do that for us here.
"There are a few people in this business that work real hard every day to give us all a bad name."
BTW the state with the most stringent guide lines for automobile purchases is California.
I never considered the "double secret handshake money". That's a tough one. If a salesman told me the deal was only good for today because a dealer cash incentive might not be renewed I'm not quite sure what I would do. I guess it would depend on how much I trusted the salesman. :confuse:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
i'm looking at a carfax report right now, and the only buyback guarantee they offer is on title problems. they guarantee the title to be clear for 1 year for problems reported to the DMV for the title only.
Mack
1. you know what we paid ,you know the rebates,you know the factory finance plan.
So be Realistic or at least in the same hemisphere.
2.The salesman is not going to maui on the commission.SO be nice.
3. Send in the csi question cards.Please contact us if you dont understand a feature or equipment operation. Please do not grade your sales person for thing not
in his control.( pop can in parking lot,cust parking is full,selection of product, finance, )
4. do demand that your car has a full tank ,car is in working order,car is clean.if any option are to be added have a due bill with the gsm signiture.
5.you drive it over the curb you own it.dont come back 3 days later saying you dont like the color,gas milage,or the bad vibes it gives your karma.
6. If your salesperson treated you well treat him well.most sales people make between 100 to 250 on average per car in todays internet world.they sell 8 to 12 cars per month on average and work 60 plus hours per week.
I always tip my salesperson when Mrs Deskman gets a new porsche/bmw/mercedes and soon to be volvo c 70.
7. your trade is not worth xtra clean.if it has knee deep in rubber with everythink shining with 5 k per yr milage it may bring clean blackbook.Most trades are worth average book for a real nice car with milage 12k per yr.if it has a dent high miles or a repaint/repaired wreck your looking at rough book with a deduct for miles
8. buy gap unless you put 40% down or pay cash.
Used car buyer
1.Your buying a used so ask for extra key and owners hand book up front.Most of you who trade never include it they throw it away.
2.get a car fax
3.get a factory or a fidelity service contract
4. used cars have scratches dings and stains thats why it is cheaper.
5. if you have a service contract dont bring a chevy to a honda store for warranty work.
6 look at kelly blue book or nada retail and thats what you should pay.some model you will pay more if it is a needle in haystack super turbo pie mobile.
7. once you drive over the curb you own it.
8.unless you pay cash get gap.
You've got to be joking? I can only guess you must be trying to make up that 250k drop in income from a few years ago, as that is absolutely the worst advice I've ever read on these forums. Enjoy your posts though.
Naturally
"... look at KELLY BLUE BOOK or NADA retail and that's what you should pay..."
Just curious, you use blackbook for trade-in which in my experience is not available to the public but Kelly and NADA for purchase. Any reason for that?
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
LOL. If you're pulling down $750,000 a year I'd say profit is alive and well. Most of us regulars here know better than to pay dealer retail for a used car... that's absurd.
That you have spent 23 years selling/desking cars, at 60+ hours a week, is testament to the fact that you've completely lost touch with the consumer's point of view on what is acceptable profit. "Saving-money" is not a dirty word either, so I would suggest paying between dealer trade-in and private party.
Its available, you just have to pay a subscription for it.
Dealers can't access it for free either.
We pay around $400 a year for the books and another $80 or so for the on line subscription.
blackbook
So now used car buyers should pay the excessively high Kelly or Edmunds retail values even though their tradein values are too high. Huh? :confuse:
2014 Malibu 2LT, 2015 Cruze 2LT,