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192 messages,  Last post on Aug 30, 2008 at 10:03 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Leasing, Car Financing


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#172 of 192
Re: Dallas Area Jeep Dealerships and Honda, too [kirstie_h] by chigirlintexas
Dec 17, 2007 (5:04 pm)
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Replying to: kirstie_h (Dec 17, 2007 9:58 am)

Thanks, I wasn't sure where to post this info....I'll add it to the link you referenced.
#173 of 192
Re: Dallas Area Jeep Dealerships and Honda, too [chigirlintexas] by occupant1
Dec 26, 2007 (12:13 am)
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Replying to: chigirlintexas (Dec 15, 2007 6:10 pm)

Agreed, Grubbs is a top-notch dealership. I'm also partial to Meador down on the south side of Fort Worth.
 
I will not under any circumstances recommend walking into Lute Riley Honda. Their internet department is fine, and even buying used through internet is good (internet used car prices are significantly below asking prices on the lot), but don't deal with anyone but internet there. They were featured on 20/20 a few years back for various types of scams and I worked there for a few weeks at that time, fall 2003.
 
This 19-year old kid came in with crutches saying he totaled his car, needed something to drive for $3500 cash ONLY. No financing because he did not have a job and wouldn't be able to work for a few more months while his hip healed. We had an older Accord coupe (93 I think) which he was very interested in. The sales manager refused to let me sell him that Accord and breathed fire upon me demanding he have his girlfriend co-sign on a loan for a $16K 2000 model Accord coupe. When the girlfriend refused, the manager wanted his parents to come in. They were deceased and the customer got very agitated. Then the manager asked about grandparents and the kid and his girl walked out.
 
I walked out right after them and told the kid to go down the street to the Toyota of Richardson lot where they had at least ten cars for $5K or less and he was able to buy a somewhat better 1994 Accord coupe for his $3500 cash, out the door. I quit that day and didn't look back on car sales for a while. Tried a Saturn dealer and found they no longer hold to traditional Saturn values and didn't even finish training there.
 
I drive a tow truck now and couldn't be happier. And I recommend my local new car dealers for darn near everything.
#174 of 192
Re: Dallas Area Jeep Dealerships and Honda, too [occupant1] by chigirlintexas
Dec 26, 2007 (8:53 am)
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Replying to: occupant1 (Dec 26, 2007 12:13 am)

Wow, that's unbelievably bad stuff about Lute Riley. I had heard some people had had problems with them, and of course, my experience was good but handled almost completely over the Internet and it was in 2004.
 
We encountered a Ford dealership that was just unbelievable--the sales manager sat behind his great big desk, with autographed pictures of celebrities covering the walls of his office (sports personalities, movie and TV stars, past presidents, etc.). Our seats, which faced him, were deliberately made such that we sat very low, barely reaching the top of his desk, and giving the illusion of the sales manager sitting on a throne, looking down on us, wielding his power. He was nothing but a sleazy good ol' boy, and he didn't even give us the courtesy of acknowledging that we had any intelligence or discernment when it came to evaluating a deal. We left and will never go back.
 
I hate having to go through the hassle it always takes to buy a new car. When I hear things like this, it makes me even more tense about the next time I'll have to go into a dealership. Thanks for sharing, it may prove to be helpful to many of us!
 
PS Which Honda dealership in DFW would you recommend? Which ones beside Lute Riley to stay away from?
#175 of 192
Re: Edmunds.com True Market Value® Deals of the Month [kyfdx] by sstriker
Feb 18, 2008 (8:54 pm)
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Replying to: kyfdx (Aug 18, 2007 6:20 am)

Hello all.First a thanx to all for all of the helpful info I have gotten here..i have been lurking for to long.
 
I signed a lease deal tonight on an 08 Honda Odysey base model for 36 months 12k a year $258 a month sign & drive (Tax, Title ,Tags $1,000 and change extra)
 
I asked sales rep about what rebates i am eligble for and his jaw hit the floor....the slaesman at the adjacent desk couldnt help look in our direction over his shoulder to size me up....
 
Make a long story short he says the Rebate/Dealer cash is already built into the lease because it was a loss lead in deal...the money factor results in a 3% rate and it looks like its a decent deal..
 
I am just looking for some feedback on what you guys here may think of this deal....I really wanted that rebate but they were not giving it up.
 
$1,500 exterior damage waiver to with no junk fees other than Bank fee ($600.00) bult in to the numbers.
 
Thanks in advance for feedback...
#176 of 192
Re: Edmunds.com True Market Value® Deals of the Month [sstriker] by cccompson
Feb 19, 2008 (4:08 am)
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Replying to: sstriker (Feb 18, 2008 8:54 pm)

There is no rebate as such but rather $1000 marketing incentive to dealers on Odyssey leases. You did fine - your numbers are somewhat better than a national lease offer on this model that Honda has been running.
#177 of 192
Re: Edmunds.com True Market Value® Deals of the Month [cccompson] by sstriker
Feb 19, 2008 (3:30 pm)
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Replying to: cccompson (Feb 19, 2008 4:08 am)

Thanks for the reply cccompson....I figured I did good on this deal...of all the ads and research I have been doing this one popped out at me immediately...they tried the upsell but I just did not feel the options offered were worth what they wanted.
 
Thanks to edmunds & forums like this I know a good deal when I se one and have a much better negotiating edge.
 
The only mistake I made was not comparing invoice to msrp to see what they were basing their numbers on...msrp was
$24,409 but not bad.
 
Just wish they had my color...I may try to match the deal to find my color...I hate to do that but I dont want to look at a color in my driveway I am not crazy about.
 
Thanks agin all!
#178 of 192
GM Employee Pricing by kyfdx HOST
Aug 21, 2008 (8:33 am)
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Now that you can buy any GM for the employee price minus the rebate, what is the best deal out there?
 
One example: Saab 9-7X (TrailBlazer clone).
 Base model MSRP approx. $42K.
 Employee price minus rebate = just under $30K. (don't ask about the gas mileage.. )
 
Got any others?
#179 of 192
Re: GM Employee Pricing [kyfdx] by qbrozen
Aug 21, 2008 (9:01 am)
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Replying to: kyfdx (Aug 21, 2008 8:33 am)

Not sure GM has anything I'd want.
 
Maybe the Cobalt SS ... but does that even qualify?
 
Welll... OK, a Z06 appeals, but out of my pricerange and usability scale.
 
I'm hearing of deep discounts on the EX35.
Do you NEED something large?
#180 of 192
Re: GM Employee Pricing [qbrozen] by kyfdx HOST
Aug 21, 2008 (10:26 am)
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Replying to: qbrozen (Aug 21, 2008 9:01 am)

Oh... I wasn't really posting here to find something for me... Just wondering if anyone had spotted any real anomalies in the GM program..
 
The wife saw the EX35 when we were in Sarasota on vacation... "But, that isn't an SUV, it's a wagon".
 
Wagons and minivans are out... don't try to make sense of it..
#181 of 192
GM or ??? by imariquinn
Aug 21, 2008 (11:53 am)
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Replying to: kyfdx (Aug 21, 2008 10:26 am)

I thought that GM would be making some deals on the SUV's sitting on their lots, but I did not have much success...
 
Last Friday, I contact a Chevy dealer near me with 23 - 2008 Chevy Equinox SUV's on the lot. I was not picky with colors and was even looking at the base model with little to no upgrades. He gave me $1000 off MSRP of $23395 to $22393 as a SPECIAL INTERNET PRICE, then took off the $2500 rebate off for a total of $3500 off. I wrote back and he gave me a sob story of that is $42 above invoice, boo hoo.
 
I told him I wanted $18000 out the door, not picky in color and that I would buy today. He wrote back that if GM has an additional $3144 rebate coming out, he would call me...
 
Instead I went to the Nissan dealer down the street and purchased an 08 Quest S with drivers pkg & seat pkg (not just a base model). They only had 3 on the lot - with an MSRP of $28600 for $17100 (with a $3500 rebate).
 
Now, that is a company willing to make some deals (Nissan) ... GM was NOT!
 
This is just my experience...

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