Last post on Apr 29, 2013 at 10:37 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Fit, Hatchback, Wagon
#1915 of 2634 Re: Dealers Selling at Invoice in MD [beach57]
Dec 12, 2008 (12:44 pm)
The Omaha, NE, area has 3 Honda dealers. The 2008 models all sold out and there was a real shortage for a couple months, when the 2009s arrived. When the 09s first showed up, they were selling at MSRP and the dealers couldn't keep them in stock. Now that the national economic crisies has arrived, sales are way down, inventories on the lots are way up (cars that used to be sold before they rolled off the delivery truck are now sitting for days/weeks), and, I suspect, prices are back down to Invoice, which is about what I paid for my 08 Sport automatics in Dec 2007, Mar 2008, and Jun 2008. If you are a cash buyer (no financing or your own independent financing) with no trade, you are in a very good position to get a new 09 Fit for a great price.
#1916 of 2634 Re: So I got fit yesterday.... [taximom5]
Dec 12, 2008 (3:01 pm)
The F&I guy called late last night to tell me the "good news" that I could cancel the warranty and not affect the rate.
just like you mentioned , the monthly payment will stay the same, a fact I confirmed with Honda care over the phone.
However when I called Honda, they had no record of my vin...perhaps it is to soon so I will wait till monday to see.
The F&I guy did request that I bring in 2 pay stubs and 4 references which makes no sense to me to ask for 2 days after the sale and a signed contract....what is his possible angle here? I will also wait till monday to give this to him so I can run it by you all and others to see if there is some possible harm in giving him this.
i admit it was a shady place to do business and if i could do it again i would at the dealership my uncle got his 09 from....you live and you learn i guess.
now I am wondering what to do about the center console.....I ordered it and the price and installation is part of the financed amount....stupid I know, but I really wanted the center console...but its been a few days and I still haven't gotten a call about it....can and should I cancel it, have the amount refunded and order one online?
#1917 of 2634 Re: I just came back from Metro Honda.... [djsg143]
Dec 12, 2008 (8:00 pm)
there is no 3 day return guarantee, but your rate CANNOT be changed! whatever rate your credit score qualifies you for is your rate, regardless of price or add-ons. as another poster suggested, if they persist on adjusting your rate up, you can cancel the entire deal...because that is fraud.
this will work out for you, as long as you hold your own! do your thing!
#1918 of 2634 Re: So I got fit yesterday.... [djsg143]
Dec 12, 2008 (10:32 pm)
I am just giving my two cents here but it sounds like the guy did not do his job if he did not have your pay stubs prior to closing this deal! Heck, I would go in and tell them you want a refund! I once returned a Toyota....cars can be returned. It is not easy and I am not saying it can be done often or easily, but if you focus on something, frequently you can make it happen.
You just need to find the the angle of what the injustice was and stay on it until you feel like you cannot fight anymore...I am now wondering if they had some computer program showing fake credit scores! I would look into this angle. I know credit scores can vary from the three agencies but still, did they tell you which agency they used? You could check with that agency (just pay for the report, it will be worth it) and find out what your score was that day. Who knows? You could crack open a huge case of them misleading the public with artificially deflated credit scores...there are so many games that can be tried out by a dishonest dealership. I do not believe most are dishonest, but the few dirty ones can be very dirty.
This whole deal smells funny. It's not the price you paid that's the problem b/c we all learn from our experience....it is everything...the credit score discrepency, the throwing in of the warranty in a deceptive manner, etc etc..And you can cancel the armrest since they have not called you...Years ago I did that with lojack...it's nuts, they take your money and it takes months to get the stuff!! Unreal!
People say I am a bulldog b/c when someone wrongs me, I sacrafice a lot of my time, energy, and sanity to seek justice either by phone calls, letter writing, or small claims court. I have been known to sit in law libraries for days...This transaction is weighing on you and I think you need to look closely at each issue and work on it...The more you uncover, the better your case will be for returning the car but if you find that they lied about your credit, you would have them big time!
Well, good luck and just remember that at the end of the day, the extra money you spent over the amount you would have liked to spend is not earth changing or life changing and it is valuable experience for the next deal. I am soooo much different now than I was years ago on my first car. It's very hard to find your voice in a dealership, which is why it is best to find a dealership who will agree to terms before you walk in....they want to sell cars, they can at least firm up a deal before you come...something that everyone can live with. This approach works but not with every dealership but you find one that it works with and you promise yourself you will walk right out if they try and change the terms...
Anyway, take care, good luck, and seek justice if you have been wronged in any way.
#1919 of 2634 Re: So I got fit yesterday.... [taximom5]
Dec 13, 2008 (5:14 pm)
This old rumor keeps coming up.
As the others have said there is no 3 day right of recession on cars.
This applies to solicited sales such a door to door vacuum cleaner sales or a time share. Not cars,
#1920 of 2634 Re: So I got fit yesterday.... [isellhondas]
Dec 13, 2008 (6:03 pm)
I never said that there WAS a three day right of rescission on cars. I am saying that I have indeed returned a car in the past! People can choose to attempt to assert themselves and try to seek justice where there is injustice.
And, in some states, you cannot even buy a car on the spot because there is a waiting period to allow people to change their minds so things to vary from state to state but that is really not the point here, I am just mentioning it.
#1921 of 2634 Re: So I got fit yesterday.... [absconfused]
Dec 13, 2008 (6:17 pm)
And there are some dealers that have a stated return policy, e.g. one dealer group in my area has a five-day, 500 miles, no-questions-asked, 100% return policy on their cars. I think as the car market tightens further, we might see more of that kind of thing as dealers try to differentiate themselves.
#1922 of 2634 Re: I just came back from Metro Honda.... [dhectorg]
Dec 13, 2008 (9:53 pm)
Well, either the law has changed since 2007, or the 3-day thing is only the law in PA.
When we bought our Kia last year, we were told by the dealer that the law was that we would be allowed to change our minds with in 3 days (72 hours). I assumed it was federal law, but I guess it was either state or city?
#1923 of 2634 Re: So I got fit yesterday.... [absconfused]
Dec 15, 2008 (7:19 pm)
It wasn't you that said that. It was taximom.
#1924 of 2634 Re: So I got fit yesterday.... [backy]
Dec 15, 2008 (7:21 pm)
backy, are you sure it isn't an EXCHANGE program?
Otherwise that program would be ripe for abuse!