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Purchasing Strategies - Questions & Success Stories

3884 messages,  Last post on Apr 08, 2009 at 1:08 PM

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What is this discussion about? Car Buying


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#3851 of 3884
Re: Stay on the fence... [omegagen] by golic
Feb 26, 2009 (12:45 pm)
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Replying to: omegagen (Feb 26, 2009 12:36 pm)

Ome-
 
From an accounting standpoint, when you are in the worst financial crisis in a few decades, the last thing you do is start creating larger losses. It makes no rational sense to sell something at a 5K loss, just to move it off of your books.
 
Whats missing are the days when Joe six-pack would come into the dealership having done no research and agreeing to pay top dollar for a car. When you have 20-30 of those guys coming in every week, you can take a loss on other deals to work your volume.
 
You will never see a dealer offer liquidation prices, because when it gets to that point - the dealer has long been cut out of the picture and the credit holders are doing whatever they can to get repaid with whatever is left.
 
Sure it seems foolish for salesman to stair you in the eye and pretend like things are great, but what do you expect them to say...OMG I haven't received a decent commission in 3 months and I am worried how I am going to feed my family? Its sales - no salesman is ever going to tell the you the sky is falling! Heck, I just got a flyer from a real estate agent advising me how I can take advantage of the upcoming heated spring market...
#3852 of 3884
Re: Stay on the fence... [golic] by oldfarmer50
Feb 26, 2009 (4:59 pm)
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Replying to: golic (Feb 26, 2009 12:45 pm)

"...what do you expect them to say...I am worried how I am going to feed my family?..."
 
I thought that was standard practice with sales people.
 
"...a flyer from a real estate agent advising me how I can take advantage of the upcoming heated spring market..."
 
He was telling you that he could help you burn your house for the insurance money.
#3853 of 3884
Re: Stay on the fence... [oldfarmer50] by Mr_Shiftright HOST
Feb 26, 2009 (5:08 pm)
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Replying to: oldfarmer50 (Feb 26, 2009 4:59 pm)

I got kinda ticked off at car salesmen the other day. I sent a friend to my favorite Toyota dealership. They treat you really well there, and they treat everyone I send there well, too. ANYWAY, they quoted her what I thought was a great price on a loaded Camry.
 
So, she tries one or two other dealers that are more in her area, and she gets a quote that is literally *impossible*.
 
So she doesn't go back to the dealer I recommended, then goes to the "great quote" only to be oversold on all this other stuff to make up for the impossible quote she got---in the end paying more.
 
Ticked me off!
#3854 of 3884
Re: Stay on the fence... [Mr_Shiftright] by mikefm58
Feb 26, 2009 (5:32 pm)
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Replying to: Mr_Shiftright (Feb 26, 2009 5:08 pm)

only to be oversold on all this other stuff to make up for the impossible quote she got---in the end paying more.
 
Did they hold a gun to her head and make her buy all that over priced "stuff"? I'm sure we all know the most important word in negotiations.....No.....
#3855 of 3884
Re: Stay on the fence... [mikefm58] by Mr_Shiftright HOST
Feb 26, 2009 (5:36 pm)
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Replying to: mikefm58 (Feb 26, 2009 5:32 pm)

Yeah I know but it's still a scam to make an offer that is a lie. You can't make a right out of a wrong IMO.
 
I hear what you are saying but just because she is naive or gullible does not mean she deserves to be hoodwinked.
 
You know how it goes, you're shopping for days, you're tired, you think you got a great deal, you get into the closer's office and they work you over on the ropes til you drop.
 
Furthermore, the dealer who acted completely up front loses the sale. So shall we encourage him to be equally deceptive?
 
It's a slippery slope, I know, and the woman is somewhat culpable, but still, I don't like seeing business done this way.
#3856 of 3884
Re: Stay on the fence... [Mr_Shiftright] by mikefm58
Feb 26, 2009 (5:59 pm)
Reply

Replying to: Mr_Shiftright (Feb 26, 2009 5:36 pm)

You should have gone with her, sounds like she was just inexperienced. A lamb among wolves.
#3857 of 3884
Re: Stay on the fence... [Mr_Shiftright] by imidazol97
Feb 26, 2009 (6:24 pm)
Reply

Replying to: Mr_Shiftright (Feb 26, 2009 5:08 pm)

> goes to the "great quote" only to be oversold on all this other stuff to make up for the impossible quote she got---in the end paying more.
 
I hope you explained what happened to her and how much it cost her.
#3858 of 3884
Re: Stay on the fence... [imidazol97] by Mr_Shiftright HOST
Feb 26, 2009 (6:47 pm)
Reply

Replying to: imidazol97 (Feb 26, 2009 6:24 pm)

Actually I was kind of mad at her, too. But you know, some buyers are gun shy and not apt to believe me any more than anyone else.
 
It is a bit perverse, if you think about it, when someone calls YOU up, asks for your advice---and you give it in detail, set them all up---and they go do something else after all.
 
#3859 of 3884
Re: Stay on the fence... [Mr_Shiftright] by jipster
Feb 26, 2009 (7:07 pm)
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Replying to: Mr_Shiftright (Feb 26, 2009 5:08 pm)

I wouldn't like it either if it happened to someone I knew, but it sounds like the dealership was just doing their job. That is sell as much overpriced stuff as possible to increase their profit margin. You say they were "deceptive", but they gave your friend the price they promised.
 
Would like to know the details on price under invoice and the add-ons your friend bought. If she got a "impossible" price on the car only, she probably still did pretty well overall... even with the add-ons. i.e If she bought an extended warranty, that would come in handy and is worthwhile. The pin-striping, fabric protection, wax protection and similar add-ons would indeed be fairly worthless.
 
The Kia dealerships in my area, under one owner, advertise very good prices(* excludes dealer add-ons). You show up and they have this crappy alarm system dealer add-on (swipe a card through a sensor to allow car to start) that adds about $1,400 to the car. It is on every stinking car on their lot. Would be worthless to me, probably cost the dealership 200 or 300 bucks installed.
#3860 of 3884
Re: Stay on the fence... [jipster] by imidazol97
Feb 26, 2009 (7:57 pm)
Reply

Replying to: jipster (Feb 26, 2009 7:07 pm)

>impossible" price on the car only
 
The problem is I feel confident if she had refused any or all of the mop and glo addons, she wouldn't have gotten the car.
 
I recall buying a digital camera 4 years ago. I knew exactly the one I wanted. It was available through all kinds of internet sales sites and even NY city store sites at very low prices. The prices were way below the market.
 
The reports about the vendors when I googled them on the internet were that they won't sell it to you for the advertised price. After entering your order, you get a call that there are all these things you need to buy that add to the price. I believe things like batteries (which come in the box) and strap and ... They would add on extras that were required like lens cleaning cloths and sprays--all kinds of gimmicks. If you refused those, they didn't sell you the camera.

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