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Toyota Camry, Sedan
#6206 of 10203 buying a demo model vehicle
Mar 29, 2008 (6:16 am)
I am interested in trading in my 2003 ford f150 for a toyota camry 08. I went to a dealer and was offered 8K for my truck which has neg equity of 14K. they wanted 28K for a LXE V6 with all the options and 3700 miles. What is a good price to pay for a demo model with this amount of miles and all of the expensive options that are on the car. The 2009 is about the same price as this one so I don't know what is a good price to try to negotiate. Help!
#6207 of 10203 Re: buying a demo model vehicle [niecy31]
Mar 29, 2008 (12:52 pm)
that price strikes me as high, check www.fitzmall.com for online pricing comparisons. That will help you decide whether you are bettter off with that 2008, or a new 2009 with full warranty.
#6208 of 10203 Re: buying a demo model vehicle [niecy31]
Mar 29, 2008 (5:55 pm)
That is not a "demo" that is "used"
#6209 of 10203 Re: 2009 Camry LE - 2.4L 4cl - Auto [vitrodisc]
Mar 29, 2008 (8:50 pm)
I just bought a Camry 08 LE standard options + auto start ($600 before discount & $300 after discount ) = 18400 + taxes and DMV.I hope this helps you.
#6210 of 10203 Re: Resigning paper work? [tqd85]
Mar 30, 2008 (5:55 am)
It's a scam.
They are probably going to pull a bait and switch on you ... try to get you to renegotiate for a longer term or raise the price somehow. Tell them you'll give the car back.
#6211 of 10203 Re: Resigning paper work? [tqd85]
Mar 30, 2008 (2:04 pm)
If you made any payments to them and you have the car, any mistakes are their problem. I would call the Disrict Attorney's Fraud Bureau and the local Consumer Affairs office. This is patently illegal behavior on the dealers part.
Something similar happened to me about 10 years ago. They said I forgot to sign a form. When I went there to resign, the whole deal changed and I would have had to pay much more, monthly. I walked out and the dealership couldn't do anything.
#6212 of 10203 Re: Resigning paper work? [fivepart]
Mar 30, 2008 (2:18 pm)
If the loan didn't go through, all they have is the down payment. There would be no place to send payments if the loan was never funded.
He should be able to go back and get his down payment back, but there is no way he can keep the car if the financing was never completed.
Instead of forging paperwork, what should probably happen is a new contract written up that reduces the cost of the car so the total cost of payments will be the same as what he originally agreed to even after paying the interest on a new loan. Then they should throw something extra in for his time and hassle of coming back and redoing the papers.
They could also refinance it at the best terms they can get then just write him a check for the extra interest cost and be done with it.
The dealer should eat the cost for their mistake and that's probably still less than what it will cost them if he returns the car and they have to resell it as a used car.
Something sounds really fishy about them taking weeks to find this problem.
#6213 of 10203 Re: Resigning paper work? [fdaredevil]
Mar 30, 2008 (5:59 pm)
Not a very trusting group. Why not give the benefit of the doubt and see if it's a legit request. Sounds like they might be trying to correct a mistake at no cost. Fact is if the offer had expired by the time you purchased you're getting a deal.
#6214 of 10203 Re: Resigning paper work? [wvgasguy]
Mar 30, 2008 (10:50 pm)
What doesn't make sense is how they didn't know when the offer expired on the day of the sale. Then why they didn't realize it by the next day instead of 3 weeks later.
Someone is lying. Either the poster or the dealership.