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Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience
24481 messages, Last post on Nov 08, 2009 at 10:43 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: szer (Nov 26, 2008 8:43 am)
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Replying to: parviz (Nov 26, 2008 10:46 am) So if you contine to shop Honda's you'll get the same rate at every dealer. Jeremy
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Replying to: mplshondadlr (Nov 26, 2008 11:24 am) The point of agreeing to return the car, is to get the dealer to live up to their promise. If you end up paying more somewhere else.. that's too bad.. but, I'd be damned if I would do it at that dealer. Because.. until you push, you'll never know if they are blowing smoke, and just trying to pull another $500-$800 profit out of the deal. regards, kyfdx
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Replying to: kyfdx (Nov 26, 2008 12:33 pm) I agree there are dealers out there who try to pull a fast one one people. In this case it dosen't stike me as so. To overcome any doubt I would suggest that the person in question ask the F&I guy to see the actual approval from Honda. That should end all doubt. |
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Replying to: mplshondadlr (Nov 26, 2008 1:04 pm) I still vote for: "I'm bringing the car back if you don't sell it to me for the payment and term we agreed upon." So... they get a car back with 300 miles on it, or they eat $500 and he gets the deal they promised... I'm betting they eat it. Your way? He is definitely going to be out more money. regards, kyfdx
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Replying to: kyfdx (Nov 26, 2008 1:17 pm) I'm sure they'll eat the difference if the guy makes a big enough stink about it. Unless the guy bought the car well into the holdback. Then they'll probably just take the car back if the guy try to "bully" them in to accepting his terms. It will probably go something like this, 'The price is the price, we haven't changed that. While we figured we could get you approved at 3.9% we couldn't. Honda appoved you at 4.9%, here is the approval. (customer)'I'm sorry to hear that. How about this, keep the payment the same with the new rate or take the car back' 'I'm sorry but the payment went up with the new approval and I cant make the payment the same' 'Well then you can have your car back!' 'I understand. I'm sorry you feel that way. We will take the car back. We do however, have to charge you for excess wear - $300.00 should cover it.' 'No way! I'm not paying that, you changed the terms we agreed to.' 'No sir, we din't change anything. The car is still $22222.00 and you can still buy it at that price. But, bottom line is the lender didn't approve the contact as written. Now about that $300.00, do you want us to deduct that from your deposit?' I will bet the conversation goes pretty close to that. Sad but true 
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Replying to: szer (Nov 25, 2008 1:25 pm) If you are shopping for other people I can understand. If you are shopping for yourself (like the the poster was) the tax rate is consistant so an OTD would matter... We are using a Worldwide forum so we have various opinions however I guarantee that we ALL pay an OTD price. |
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Replying to: szer (Nov 25, 2008 1:25 pm) If you are shopping for other people I can understand. If you are shopping for yourself (like the the poster was) the tax rate is consistant so an OTD would matter. A dealer can in fact have a car with a lower invoice price however due to junk fees a higher OTD price than other dealers. We are using a Worldwide forum so we have various opinions however I guarantee that we ALL pay an OTD price. |
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Replying to: mplshondadlr (Nov 26, 2008 2:37 pm) Good point. If my memory is correct, I believe there is a clause in the fine print of most contracts that would allow the dealer to do that. That's why folks always recommend to have your own financing lined up BEFORE going to buy the car. |
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Replying to: mplshondadlr (Nov 26, 2008 2:37 pm) $0.15/mi. is $45 Good luck collecting... This is the dealer's risk in doing spot deliveries... Can they charge for use of the car? Yes... Can they collect? Doubtful. When the deal changes, it's best to walk away.. Once that number starts moving up, you are asking for it. regards, kyfdx |
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