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My Salesperson Misled Me

2121 messages,  Last post on Jan 31, 2009 at 12:28 PM

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What is this discussion about? Car Buying


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#2102 of 2121
Re: Buy an Accord for $209 a month? [lokki] by isellhondas
Nov 18, 2008 (2:41 pm)
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Replying to: lokki (Nov 18, 2008 9:07 am)

" it doesn't look like things are too bad"
 
Ah...look again.
#2103 of 2121
Re: Buy an Accord for $209 a month? [isellhondas] by lokki
Nov 19, 2008 (6:49 am)
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Replying to: isellhondas (Nov 18, 2008 2:41 pm)

Oh dear. Sorry I asked.
 
I guess those ads for Chrysler Crossfires $18K off, 50 available, aren't just come-on ads after all.
#2104 of 2121
Re: Invoice & profit [mattgg1] by joel0622
Dec 11, 2008 (2:24 pm)
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Replying to: mattgg1 (Nov 14, 2008 6:05 am)

In that example, would the customer have received a lower level of service from you than what a more profitable customer would have received?
 
I can speak for myself, the answer is no. To be honest unless it was in the last couple of months I can't rememebr how much money I made on you with out checking my notes. I have never had some one ask me for help and then go and check the deal to see if I hit a home run before I decide if I will help you.
 
Now there have been people in the past that I did not go the extra mile for. Not because of the profit margin but because they are ass holes. In my book you get treated the same way you treat me.
#2105 of 2121
$2200 inception fees?? by maennj
Dec 30, 2008 (6:45 am)
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2 days ago, I went to auto dealer in new york. They had this offer about toyota camry 2009 for $159 monthly and $2999 down payment. The offer looked reasonable to me. However, when I came there I was shocked that the total due at signed jumped to $5200, Honestly, I felt a scam and immediately said thank you and left.
The salesperson just put unbelievable number of fees. I remember bank was $745 but he also put something for $1200 among others. Is there a scam here ?
#2106 of 2121
Re: $2200 inception fees?? [maennj] by oldfarmer50
Dec 30, 2008 (6:50 am)
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Replying to: maennj (Dec 30, 2008 6:45 am)

"...Is there a scam here?..."
 
No doubt. Legally there is something in the fine print that makes it not criminal fraud. Put that dealer on your list of places to never do business with.
#2107 of 2121
Re: $2200 inception fees?? [maennj] by madmanmoo
Dec 30, 2008 (7:04 am)
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Replying to: maennj (Dec 30, 2008 6:45 am)

Scam? Doubtful. The fine print probably detailed the extra due at signing.
 
Good business? Not hardly.
#2108 of 2121
Re: $2200 inception fees?? [madmanmoo] by jipster
Dec 30, 2008 (7:12 am)
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Replying to: madmanmoo (Dec 30, 2008 7:04 am)

Saw something similar a few days ago in the paper, sounded like a good deal. Got out a micron microscope and read the fine print. "Does not include dealer fees."
 
 I thought it would be maybe an extra $500 or $600 in fees... 2.2 grand is a bit asinine.
#2109 of 2121
Re: $2200 inception fees?? [maennj] by maennj
Dec 30, 2008 (7:37 am)
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Replying to: maennj (Dec 30, 2008 6:45 am)

That's what I thought, I blacklisted the dealer . Just to be more careful, can someone tell me what are the typical fees for toyota car lease ?
#2110 of 2121
Re: $2200 inception fees?? [maennj] by madmanmoo
Dec 30, 2008 (10:02 am)
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Replying to: maennj (Dec 30, 2008 7:37 am)

A sign and drive is supposed to be walk in and sign and then drive off. If it is a $0 downpayment (which reduces the cap cost) then you would typically be looking at first month's payment, acquisition fee (bank), tax, tag, title and doc fee. On a $300 payment lease, that would probably equal around $1,200 or so. That's my educated guess.
#2111 of 2121
Re: $2200 inception fees?? [maennj] by volvomax
Dec 30, 2008 (11:29 am)
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Replying to: maennj (Dec 30, 2008 6:45 am)

In carspeak, a down payment is just that. Any other fees that are due would be on top of that number. Not just dealer fees, but taxes, license and registration fees also.
If the fine print read, $2999 TOTAL DUE, then you are in business.
 
As always, READ the fine print, and if it sounds too good to be true, it probably is.

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