I'm picking up a 2004 Nissan Quest tomorrow. The dealer had to pick it up from another dealership. When I negotiated the price the car was to have very few miles. Now it will have about 700miles. Can I renegotiate the price? Any suggestions.
is always a back-shelf back up! When journalists run out of credible, current items, they fall back on the "old faithful" stories - car salesmen and repair shops - everyone is so paranoid because of all the urban legends, plus the few dirtbags who perpetuate the stereotype, there's always a story.
I just refused to do a story like that for a major editor because the story line is beyond worn out - yeah, I have all the inside info that would make an eye-catching story, but it's been done to death.
Let's talk about something (in print, in my case) that can actually HELP consumers and car salesmen alike, like "how to buy a used car" without all the barbs and gigs...give USEFUL information, not "look what we caught these guys doing"...
a difference of a few hundred miles wont be alot of money to negotiate. when we sell a demo, we usually figure on around $0.10-$0.15 per mile for the demo discount.
a 700 mile vehicle might get you another $75-$100 off. not worth alienating a good business relationship over, IMHO.
I consider it to always be a good idea to insist upon seeing and inspecting any vehicle that you intend to buy, with the proviso that you may reject that vehicle for any reason. I would not accept 10-15 cents a mile discount. Don't forget that demonstrators can be defined as used cars with new car warranties.
so you want the average mileage value for your 2002 blahmobile with 60k miles, but the dealer's car is worth a lot less because you say so?
the reason we use that kind of figure is the fact that mileage is charged at $0.15 a mile in leasing, and anywhere from $0.10-$0.20 a mile in the books.
I would never personally purchase a demo vehicle or one that had a significant number of miles on it unless it was a model or combination of options that I couldn't get anywhere else and couldn't live without. In my opinion, dealers never seem to provide enough of a discount on vehicles. Why purchase what is essentially a low mileage used vehicle, albeit one with a full warranty, when you can get a brand new one that hasn't been driven by anyone else for a few hundred dollars more? Of course, it is a little different if you had a dealer trade for a vehicle for you and the miles that are on it are all a result them going out of their way to get the vehicle that you requested. As long as you were aware of the fact that the vehicle would have additional miles on it, I would honor the agreed upon price.
I was told by the Mercedes salesman that the wholesaler interested in my trade was lowering his price because I had gotten trade quotes at more than one dealership in the area....there could be something wrong with my car.
It didn't make sense to me, just made me angry.
I was told by the local salesman, that I should buy from him because he had more time invested in me. (How would he know?)
Did somebody mention [non-permissible content removed] dealers?
A coworker bought a 4- or 5-month-old Montana at a new car dealership and later(she has a 2nd-floor office) discovered it had bad hail damage on the roof.
Of course by then she'd paid to have zero-effort steering and her wheelchair lift installed - she couldn't get to work until the mods were done don't you know. After dropping the roughly $20k in mods she didn't have the money for a lawyer to sue to the s.o.b.s.
She has an M.S. and friends all over the country...the story has gotten around. The manufacturer wouldn't help her out with the dealer...bad news travels and has long legs.
We've been over all this already, so I won't disagree. However, let me say this, I don't get taken when I buy a car. But I know many people who have. This is Southern California. It's the car capitol of the world. Also the capitol of the slime car salesman, the screamer ads, the one onlys, etc. etc. I will say that when each salesman acts the same way, (under handing, not forth coming with answers to specific questions, etc) at any given dealership the owners/management has to know what is going on and this just reinforces everyones perception of the car business. I have no doubt that some of you on this BB are the good guys, it's just too bad I have never done business with any body like you guys. And BTW, I have hung around for more than 4 posts..........
Chuck, do you know this one? "If you need a new car, GO SEE CAL, if you need a new car, go see Cal... at Cal Worthington Ford." I used to see those adds when I lived in Anaheim from '78-82. I wonder how the commercial filming went, with all those animals. I don't know how they were as far as dealerships go, wether or not they were honest and stuff.
Thats why any vehicle should be inspected top to bottom for damage before purchase.
You friend PAID for this stuff outta her pocket?
GM and many other mfrs. have special programs for the handicapped. The mfrs. PAY or give credits for certain devices to assist the handicapped ! SS,VA,MS society all have programs to assist also!
GM Mobility is one !
Sounds like somebody didn't do their homework and has buyers remorse.
And I'm not kidding. Here's my story, it's a few years old though, but I'll never forget it. I traded in a '99 Odyssey for a new '01 Accord. Negotiated price was $18K out the door. I had leased the '99 Odyssey for a couple years with a couple years left on the lease, but got more for the trade than the lease payoff. The dealer did not charge sales tax for the amount of the lease payoff.
And yes, I questioned this with the F&I guy who said it was correct and the actual out the door price came in about $700 less than the $18K that was negotiated. I said OK. As we were driving away, I told my wife we'll probably get a call a couple days later.
And they did, but they would not honor the $18k out the door price and wanted $18.5K. I stuck to my guns and over several days of back and forth frustrating phone calls, they relented, and I dropped off a check for the $700.
Now my question for you experts here, since the fine print of the contract was in their favor and I believe in a court of law, I would have lost, how could I have handled this any differently and what would the dealer have likely done if they did not finally agree to the negotiated $18K out the door price?
I now realize that negotiating an out the door price and then relying on the F&I guys to work backward correctly for a purchase price is not smart. Since if they make a mistake (like they did), the contract is written based on a purchase price, not an out the door price, and the fine print is all in the dealer's favor.
Oh, and I do appreciate those of you in the business for donating your time on these boards. You're honest men that would get my business, but with all due respect, you are a minority in your industry.
If I read your post correctly, it would seem the buyer had no idea about the hail damage until she just happened to look out of her second story window and noticed it?
It's possible the dealer didn't notice it either. It's also possible the dealer knew about it, didn't think it was a big deal and assumed the buyer would notice it too.
Is it really that big of a deal since it's so hard to even see?
However...as a native So. Calif guy, I can attest to the fact that is one, miserable marketplace.
It's been ruined by the full page "screamer" ads.
The dealerships can't attract or pay for quality people and managers. They have constant turnover.
Ad, a lot of this is fed by customers who pit these dealers againste each other in their attempt to wring out the bottom dollar and get the "best" price.
I don't know who really started all of this but it's a nasty cycle. I know I couldn't work there.
Yep, I'd certainly give an extra $150 to get a truly new car, rather than a "demonstrator" with 700 miles on it. You brought up the value of a trade-in. That is quite a separate matter, and it's one that allows the dealer to get it over on the customer virtually every time. The only way to "see clearly" what a deal amounts to is for the buyer to pay attention to only the amount of money he must pay in addition to his trade-in.
Remark by Bowke28: >>> you make it sound like he is trying to sell the protection package BECAUSE she is a single mom. get real, man, and wake up. he tries to sell it to EVERYONE, whether they are a single mom or a same-sex elderly couple.<<<
Remark by driftracer: >>> Some here would say "tough luck", but they may be the same ones who, after watching an old lady drop a $20 bill, would pick it up silently and not call out to the elderly woman...<<<
To me if a salesperson is preying on a low-middle income single mom, that is the same as a common man preying on an old womans' $20 bill. Both are not in a position to easily afford that extra $$$ loss.
How can the salesperson's overwhelming pitch be justified? especially when it is designed to make a kill?
>>>............ I mean "stunned" - but it happens everyday in every showroom from Portland Maine to San Diego ..... reality.? you betcha.! Terry <<<<
you write very good Terry.
However, shifting the burden to others doesn't help here. Every business has it's dark side. However, we, over here are discussing car sales and not Wal-mart.
If I had to digress, I would also say that looking to what Prez. Bush did with Iraq, it gives me all the right to kill a criminal who has not yet done any act of violence against me, but it appears that he may. Can I?
certainly not.
Can I lie to the Judge? certainly not. Beware of Perjury. Yeah! go and tell that to Bill Clinton, who is still respected even after getting a public thrashing on having "alleged" sex with his intern.
Moral of the story: If you can get away with it, do so. Don't give a damn about the other side. Just take care of yourself. Nobody else is going to care about your benefit. certainly not the salesman.
it's bad enough to hear completely uninformed, blithering, bashing banter about the car business, but politics, too?
Chikoo - do you EVER post anything positive, or you just here to talk your negative trash and stir up trouble? I don't ever recall seeing anything positive come from your posts. You should try it sometime - might make you feel better and not so worked up inside.
What's the problem? Dealers have their folks sell stuff, that's what retailers do, whether it's a car, a pair of jeans, a watch, or a GAP contract.
People who do a little homework, and aren't stupid, go into a retail place with the idea of buying something, and know what they want, how much they want to pay, and whether they want extras. If you go into anything unarmed and unprepared, you should expect to get skinned - that's just the way it is. People will take advantage of you - period.
I know when I go to Best Buy, like for my last purchase, Dragon Naturally Speaking, a dictation program, I knew I didn't want a warranty - it's a software program! What would they warranty, the microphone headset? They pitched it anyway, they even pressed a second attempt - I told them "no" - imagine the power of that one little word..."no"...
There are bad people out there who say things like "the lender mandates that you get the extended warranty", which we all know (or should know) isn't true.
I, personally, can't stop some F&I Manager in Ypslanti, Michigan, from telling someone that phrase. What can stop him is getting nailed for consumer fraud, but no one wants to take the time to do that - they don't want to get involved, they just want to sit back and whine...
There really is no excuse for not catching contract mistakes at the time of signing, unless the mistake is really subtle. The customer should expect to be walked through the contract (and the other paperwork too) and have all the numbers explained - if you just sign where the F&I person points to without reading, you are an idiot. If you are in a big hurry, sign at a time that you arent.
Likewise, a good dealership will walk their customers thru all the paperwork and explain everything. When my wife and I bought our Volvo, the F&I lady went through everything, explaining each number and how it was arrived at, including where the dealer rounded DOWN the cost of the car a few bucks to make the OTD price exactly $27100. If a dealer doesnt volunteer to do all of this (except the rounding down bit ), they dont deserve your business.
Cal Worthington started off (if I remember correctly) in Huntington Park, California selling Dodge at a dealership he owned. As a young child my Mom used to take us down to his dealerships on Sunday afternoon because he had free country music concerts. He was very flamboyant with all his animals he called "his dog spot." It didn't matter if it was a dog, elephant, whatever. He left the state for a time. He is now back in California and owns multiple dealerships, one of which is Worthington Ford in Long Beach, California. There you go..............
Well, Isell at least we agree that the marketplace in Southern California is rotten and it draws rotten people to work in it. As far as the above quote is concerned, I find it fascinating there is no weariness involved with those who work in the industry, just with me pointing out what's wrong.. I said all I am going to say, been there done that! However, I will continue to monitor this BB and when situations like "Single Mom-Ford Focus" comes up, I will be all over it responding. Because the simple fact is that she was being taken, at not one, I repeat, NOT ONE of you insiders told her so. That to me speaks volumes...........
"Because the simple fact is that she was being taken, at not one, I repeat, NOT ONE of you insiders told her so."
Should I start combing through phone books and making calls until I find this lady? Am I supposed to know her? Should I have ESP so I could call her and warn her BEFORE she bought the car?
What are you looking for here, Chuck? Your accusation doesn't make much sense.
I'm sorry. In any business,industry, concern whatever you need to do your homework before you let loose of your hard earned money. As drift said when you go to Best Buy they press their service contracts on you unless you say no. Same thing with an F & I guy. You just say no to the extras....
Chuck lost me awhile back. Once this happens, I'll usually just skip through their posts. I don't remember any Focus Lady but I'm sure it's buried here somewhere.
I don't know what you're looking for - 3 people immediately chimed in and recommended against the "package". Then, rip off boy came in with his "the dealer wants to redo the contract" story and stole the forum for a while.
Either way, I felt that she was sufficiently warned - Bobst did a good job, and I didn't feel I needed to go in and repeat what he already said.
I still don't know what you expect - is there a 20-post minimum, with different posters, in trying to talk someone out of making a mistake? Is that a new rule on Edmunds?
People who sell cars are subject to the same temptations as people in any business that exchanges services and goods for money. They are not inherently of lower moral structure than the average. I can assure you that many, many great sales happenings take place for every shyster deal. Surely we can agree on that. We are simply taking the opportunity to commiserate over some maddening experiences we have had or heard about. (:0] Eh?
I personally have never been taken by a cardealer. At one point I was looking at a 96 Tercel, with mt(the only one in 500 miles, according to dealer), it had just be delivered with their first load of the new models. Anyways, he wanted 14G for a 11,500$ car. I was even on my trade, value versus payoff. I asked how he came up with that extra 2500. He couldn't give me straight answer, so I walked out. It would have been my 1st new car. Came back the next week to show dealer what I got instead. I made a trade for a second hand Beemer. And that provided many more smiles than the Tercel ever could have. Except maybe when the car started to show it's age. I was only 22 at the time. The dealer that sold me the BMW, also sold me the Lincoln TC. He did every thing he could to help. Even to the point of providing access to a reasonable coverage provider. Same sales rep was also the dealers top seller, too.
I'm not sure where to post this, but this looks like the right board. Thought I would put the story here and see if there are any others with an experience like mine.
I purchased a used 2002 Ford Taurus SES in January of 2003 from a large Ford dealership near my home in California. The car was very clean, had about 20,000 miles on it and was listed for $12,999. I bought the car, it was just what I was looking for...economical & comfortable. The Dealership told me it was a one-owner car that was just traded in.
About a year and a half later...in June of 2004, I happened to be able to run a free CarFax report on my vehicles by using a friend's unlimited 30 day account. I found a big surprise...my Taurus was first purchased by a "Major Rental Car Company" and used as a daily rental for the first 9 months of its life. It was then repossesed by the finance company, bought at auction, and then sold to me.
Needless to say I was quite upset. I planned on keeping this car for several more years, and with already 55,000 miles on the car I felt that it was due for the transmission or something else major to break at any time. I went down to the dealership and spoke with the manager and was told, in so many words, "sorry, there's nothing we can do for you." I made several attempts to contact the owner of the dealership to no avail.
A coworker put me in touch with a law firm that handles Lemon Law and auto dealer fraud cases in California, and after a couple of meetings they took my case. They sent a demand letter to the dealership on my behalf demanding full recension of the contract and reasonable attorney's fees in exchange for me giving the vehicle back.
Last night, my lawyer finally received a response from the dealership's attorneys. They offered to rescind the contract and pay my attorney's fees, in effect paying me the total amount including interest I had paid into the car, my down payment & fees, plus the payoff amount on the loan..MINUS a "set-off" based on the amount of miles I had put on the car since I bought it. The setoff amount turns out to be about 50% of the cash I would have gotten back after the loan is paid off. (They also offered to pay me $5,000 in cash and have me keep the car & current loan to just have the problem "go away", which I declined...I don't feel comfortable in the car and don't feel it is as reliable a vehicle as I want)
I am still waiting to consult with my attorneys and I'll go with what she thinks is reasonable course of action based on the counteroffer from the dealership, and will post here with updates.
because it was a rental car and the salesman didn't know it (CARFAX didn't show it yet)?
Wow - I haven't seen that before. Even being in that particluarr field of litigation, I wouldn't recommend to any of my attorneys that any "fraud" occured. Personally, I think it's ridiculous and a waste of the court's time - and I'm IN the dealer fraud business.
.. ** About a year and a half later... in June of 2004, I happened to be able to run a free CarFax report on my vehicles by using a friend's unlimited 30 day account. I found a big surprise... my Taurus was first purchased by a "Major Rental Car Company" **
hmm, interesting story .. has the vehicle for 18 months, piles up the miles with no problems and all of a sudden, they will take a $10,000+ loss just to make it "go away" .?!? .. there is hundreds of rentals sold everyday, so lets make this real simple, email me a copy of the contract, my email is in my profile ........
Comments
Chuck-.... Never mind (sigh).
Duncan
Opinions?
zzzzzzz
I just refused to do a story like that for a major editor because the story line is beyond worn out - yeah, I have all the inside info that would make an eye-catching story, but it's been done to death.
Let's talk about something (in print, in my case) that can actually HELP consumers and car salesmen alike, like "how to buy a used car" without all the barbs and gigs...give USEFUL information, not "look what we caught these guys doing"...
a 700 mile vehicle might get you another $75-$100 off. not worth alienating a good business relationship over, IMHO.
really???
so you want the average mileage value for your 2002 blahmobile with 60k miles, but the dealer's car is worth a lot less because you say so?
the reason we use that kind of figure is the fact that mileage is charged at $0.15 a mile in leasing, and anywhere from $0.10-$0.20 a mile in the books.
Car_man
Host
Smart Shoppers Message Board
It didn't make sense to me, just made me angry.
I was told by the local salesman, that I should buy from him because he had more time invested in me. (How would he know?)
A coworker bought a 4- or 5-month-old Montana at a new car dealership and later(she has a 2nd-floor office) discovered it had bad hail damage on the roof.
Of course by then she'd paid to have zero-effort steering and her wheelchair lift installed - she couldn't get to work until the mods were done don't you know. After dropping the roughly $20k in mods she didn't have the money for a lawyer to sue to the s.o.b.s.
She has an M.S. and friends all over the country...the story has gotten around. The manufacturer wouldn't help her out with the dealer...bad news travels and has long legs.
John
Andy
You friend PAID for this stuff outta her pocket?
GM and many other mfrs. have special programs for the handicapped. The mfrs. PAY or give credits for certain devices to assist the handicapped !
SS,VA,MS society all have programs to assist also!
GM Mobility is one !
Sounds like somebody didn't do their homework and has buyers remorse.
And yes, I questioned this with the F&I guy who said it was correct and the actual out the door price came in about $700 less than the $18K that was negotiated. I said OK. As we were driving away, I told my wife we'll probably get a call a couple days later.
And they did, but they would not honor the $18k out the door price and wanted $18.5K. I stuck to my guns and over several days of back and forth frustrating phone calls, they relented, and I dropped off a check for the $700.
Now my question for you experts here, since the fine print of the contract was in their favor and I believe in a court of law, I would have lost, how could I have handled this any differently and what would the dealer have likely done if they did not finally agree to the negotiated $18K out the door price?
I now realize that negotiating an out the door price and then relying on the F&I guys to work backward correctly for a purchase price is not smart. Since if they make a mistake (like they did), the contract is written based on a purchase price, not an out the door price, and the fine print is all in the dealer's favor.
Oh, and I do appreciate those of you in the business for donating your time on these boards. You're honest men that would get my business, but with all due respect, you are a minority in your industry.
It's possible the dealer didn't notice it either. It's also possible the dealer knew about it, didn't think it was a big deal and assumed the buyer would notice it too.
Is it really that big of a deal since it's so hard to even see?
However...as a native So. Calif guy, I can attest to the fact that is one, miserable marketplace.
It's been ruined by the full page "screamer" ads.
The dealerships can't attract or pay for quality people and managers. They have constant turnover.
Ad, a lot of this is fed by customers who pit these dealers againste each other in their attempt to wring out the bottom dollar and get the "best" price.
I don't know who really started all of this but it's a nasty cycle. I know I couldn't work there.
Remark by Bowke28:
>>> you make it sound like he is trying to sell the protection package BECAUSE she is a single mom. get real, man, and wake up. he tries to sell it to EVERYONE, whether they are a single mom or a same-sex elderly couple.<<<
Remark by driftracer:
>>> Some here would say "tough luck", but they may be the same ones who, after watching an old lady drop a $20 bill, would pick it up silently and not call out to the elderly woman...<<<
To me if a salesperson is preying on a low-middle income single mom, that is the same as a common man preying on an old womans' $20 bill. Both are not in a position to easily afford that extra $$$ loss.
How can the salesperson's overwhelming pitch be justified? especially when it is designed to make a kill?
I mean "stunned" - but it happens everyday in every showroom from Portland Maine to San Diego ..... reality.? you betcha.!
Terry
you write very good Terry.
However, shifting the burden to others doesn't help here.
Every business has it's dark side. However, we, over here are discussing car sales and not Wal-mart.
If I had to digress, I would also say that looking to what Prez. Bush did with Iraq, it gives me all the right to kill a criminal who has not yet done any act of violence against me, but it appears that he may. Can I?
certainly not.
Can I lie to the Judge? certainly not. Beware of Perjury.
Yeah! go and tell that to Bill Clinton, who is still respected even after getting a public thrashing on having "alleged" sex with his intern.
Moral of the story:
If you can get away with it, do so.
Don't give a damn about the other side.
Just take care of yourself.
Nobody else is going to care about your benefit. certainly not the salesman.
Chikoo - do you EVER post anything positive, or you just here to talk your negative trash and stir up trouble? I don't ever recall seeing anything positive come from your posts. You should try it sometime - might make you feel better and not so worked up inside.
As it is NONE of you has come up with a good logical solution to the problems I posed.All I heard was some feel good talk.
Price of vehicle $20,000
+ Tax $1,200
=========================
Total = $21,200
==========================
I write the check and go home with the car.
However, in a hurry, I wrote the amount as $22,100 and do not realize it till I see the bank statement at the end of the month.
What should I do?
What will the dealer do?
What's the problem? Dealers have their folks sell stuff, that's what retailers do, whether it's a car, a pair of jeans, a watch, or a GAP contract.
People who do a little homework, and aren't stupid, go into a retail place with the idea of buying something, and know what they want, how much they want to pay, and whether they want extras. If you go into anything unarmed and unprepared, you should expect to get skinned - that's just the way it is. People will take advantage of you - period.
I know when I go to Best Buy, like for my last purchase, Dragon Naturally Speaking, a dictation program, I knew I didn't want a warranty - it's a software program! What would they warranty, the microphone headset? They pitched it anyway, they even pressed a second attempt - I told them "no" - imagine the power of that one little word..."no"...
There are bad people out there who say things like "the lender mandates that you get the extended warranty", which we all know (or should know) isn't true.
I, personally, can't stop some F&I Manager in Ypslanti, Michigan, from telling someone that phrase. What can stop him is getting nailed for consumer fraud, but no one wants to take the time to do that - they don't want to get involved, they just want to sit back and whine...
Likewise, a good dealership will walk their customers thru all the paperwork and explain everything. When my wife and I bought our Volvo, the F&I lady went through everything, explaining each number and how it was arrived at, including where the dealer rounded DOWN the cost of the car a few bucks to make the OTD price exactly $27100. If a dealer doesnt volunteer to do all of this (except the rounding down bit
Well, Isell at least we agree that the marketplace in Southern California is rotten and it draws rotten people to work in it. As far as the above quote is concerned, I find it fascinating there is no weariness involved with those who work in the industry, just with me pointing out what's wrong.. I said all I am going to say, been there done that! However, I will continue to monitor this BB and when situations like "Single Mom-Ford Focus" comes up, I will be all over it responding. Because the simple fact is that she was being taken, at not one, I repeat, NOT ONE of you insiders told her so. That to me speaks volumes...........
Should I start combing through phone books and making calls until I find this lady? Am I supposed to know her? Should I have ESP so I could call her and warn her BEFORE she bought the car?
What are you looking for here, Chuck? Your accusation doesn't make much sense.
BTW, there are good people working in So. Calif dealerships that are hard working, decent people.
Here's how to find them...
Instead of scouring the Sunday ads looking for the loser, price screaming ad, ask a friend, neighbor, relative or co-worker for a referral.
Quality salespeople in many professions live on repeat and referral business. They work hard to earn that support and trust.
Duncan
Either way, I felt that she was sufficiently warned - Bobst did a good job, and I didn't feel I needed to go in and repeat what he already said.
I still don't know what you expect - is there a 20-post minimum, with different posters, in trying to talk someone out of making a mistake? Is that a new rule on Edmunds?
I purchased a used 2002 Ford Taurus SES in January of 2003 from a large Ford dealership near my home in California. The car was very clean, had about 20,000 miles on it and was listed for $12,999. I bought the car, it was just what I was looking for...economical & comfortable. The Dealership told me it was a one-owner car that was just traded in.
About a year and a half later...in June of 2004, I happened to be able to run a free CarFax report on my vehicles by using a friend's unlimited 30 day account. I found a big surprise...my Taurus was first purchased by a "Major Rental Car Company" and used as a daily rental for the first 9 months of its life. It was then repossesed by the finance company, bought at auction, and then sold to me.
Needless to say I was quite upset. I planned on keeping this car for several more years, and with already 55,000 miles on the car I felt that it was due for the transmission or something else major to break at any time. I went down to the dealership and spoke with the manager and was told, in so many words, "sorry, there's nothing we can do for you." I made several attempts to contact the owner of the dealership to no avail.
A coworker put me in touch with a law firm that handles Lemon Law and auto dealer fraud cases in California, and after a couple of meetings they took my case. They sent a demand letter to the dealership on my behalf demanding full recension of the contract and reasonable attorney's fees in exchange for me giving the vehicle back.
Last night, my lawyer finally received a response from the dealership's attorneys. They offered to rescind the contract and pay my attorney's fees, in effect paying me the total amount including interest I had paid into the car, my down payment & fees, plus the payoff amount on the loan..MINUS a "set-off" based on the amount of miles I had put on the car since I bought it. The setoff amount turns out to be about 50% of the cash I would have gotten back after the loan is paid off. (They also offered to pay me $5,000 in cash and have me keep the car & current loan to just have the problem "go away", which I declined...I don't feel comfortable in the car and don't feel it is as reliable a vehicle as I want)
I am still waiting to consult with my attorneys and I'll go with what she thinks is reasonable course of action based on the counteroffer from the dealership, and will post here with updates.
Wow - I haven't seen that before. Even being in that particluarr field of litigation, I wouldn't recommend to any of my attorneys that any "fraud" occured. Personally, I think it's ridiculous and a waste of the court's time - and I'm IN the dealer fraud business.
hmm, interesting story .. has the vehicle for 18 months, piles up the miles with no problems and all of a sudden, they will take a $10,000+ loss just to make it "go away" .?!? .. there is hundreds of rentals sold everyday, so lets make this real simple, email me a copy of the contract, my email is in my profile ........
... sniff sniff, I smell a troll coming on ....
Terry.