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Smart Shopper Internet vs. Traditional Car Buying
3011 messages, Last post on Aug 27, 2009 at 10:23 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: sanjaysdca (Apr 22, 2009 10:50 am) Good point. If the check is from a previous customer, no problem. if it is from a new customer we can do one of 3 options: 1. Have the customer wire the money prior to delivery 2. Do a credit report and a back-up contract that can be cashed if need be (never so far) 3. Go to the bank with him and get a check from the bank. We have been defrauded in the past - therefore a policy.
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Replying to: lrguy44 (Apr 22, 2009 11:14 am) This is a very standard practice...as when I asked that can I write a personal check...almost all dealers said "YES and we will put something in the contract to protect ourselves". With Acura they had something like "If the chk is not honoured or we do not recieve the cash in 30 days then you agree to a loan of XXXXX at Y% from a ZZ bank. First payment in the amount of AAA.aa will be due on (date)bb/cc/dd.(In my case it was 60 days from the day I purchased the car) |
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Replying to: sanjaysdca (Apr 22, 2009 10:50 am) "Win-win" works ONLY when both players are dedicated to it. tidester, host SUVs and Smart Shopper |
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Replying to: tidester (Apr 22, 2009 12:30 pm)
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Replying to: lrguy44 (Apr 22, 2009 9:32 am) Because of Madoff should I cast slurs on ALL investment brokers? This generalization I can understand! I don't get the whole "don't tell them you are paying cash" argument either. payment is a separate part of the transaction. The best thing people can do if they are confused or unsure about anything in the transaction is ask the salesman if you can "sleep on the deal" and give a set time to call by xx a.m. the next morning. |
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Replying to: lrguy44 (Apr 22, 2009 12:35 pm) --Oh c'mon, you can't tell me there has not been a time where your SM said do the deal and wanted to rip the buyers eye balls out?????
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Replying to: golic (Apr 22, 2009 12:48 pm) |
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Replying to: tidester (Apr 22, 2009 12:30 pm) Very true... In most cases both parties are dedicated... IMHO its just how you approach it. With the availability of information on the Internet - sites like edmunds etc. the playing field is levelled for buyers. Which makes approaching the problem as win-win much easier. You know whats the invoice, you know the incentives, you know the holdback. If you dont like to deal with the dealers then just go to carsdirect.com... the prices are not that bad (considering no negotiation are involved)
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That sounded like a paid political announcement |
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