Got a Quick Question for a Car Dealer?

3258 messages,  Last post on Jun 19, 2013 at 10:52 AM

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What is this discussion about? Car Buying, Car Selling

#3137 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [boomchek] by thatautguy

Feb 10, 2013 (3:44 pm)

Replying to: boomchek (Feb 10, 2013 3:58 pm)
That makes a TON of sense. I just wish someone had broken that down for me. The thing that confused me is that the lease contract makes it look like a completely even trade with no money owed on the lease; but your calculation really matches up 100% with my lease payment and what I would have paid for the next year....

#3138 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [thatautguy] by boomchek

Feb 10, 2013 (3:49 pm)

Replying to: thatautguy (Feb 10, 2013 3:44 pm)
Most people do exactly what you did though., Come in, get excited about the car, and when they are told it'll only be $90 more than their other payment, they don't look at the rest of the other details, sign the paperwork and drive away. The good thing here is that it doesn't appear you got hosed. And as long as you're happy with the car and the payments, and the overall deal then it's all good.

#3139 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [boomchek] by houdini1

Feb 10, 2013 (3:52 pm)

Replying to: boomchek (Feb 10, 2013 3:58 pm)
Way to go boom...you leaving is going to be a huge loss for the car sales industry...and a big gain for where ever you land !!

#3140 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [houdini1] by boomchek

Feb 10, 2013 (3:56 pm)

Replying to: houdini1 (Feb 10, 2013 3:52 pm)
Way to go boom...you leaving is going to be a huge loss for the car sales industry...and a big gain for where ever you land !!
 
Thanks! I'm working for myself so it's a gain for myself

#3141 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [thatautguy] by isellhondas

Feb 10, 2013 (4:53 pm)

Replying to: thatautguy (Feb 10, 2013 3:44 pm)
Coming in late here...
 
boomcheck as usual, gave you good advice. You were responsible for the remaining lease payments and they simply rolled that money into your new lease.
 
Did I read that you bought some kind of extended warranty? If so, go back and have them cancel it. You don't need it since your car will be under warranty throughout the lease. That maintence package I'm guessing may not have been explained to you so make them do that. It may or may not be a good deal depending on how much they may have marked it up.
 
It sounds like you have learned some lessons here. Buyer's Remorse is something probably all of have had at some point in our lives.
 
EDIT: It looks like you were sold something called "wear care". I think I know
what that is. If you bring the car back with more damage than is allowed, it covers that gap. It is probably VERY expensive insurance and you can probably live without it and lower your paymennts in the process.
 
P.S. What the heck is a C-Max?

#3142 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [isellhondas] by boomchek

Feb 10, 2013 (4:55 pm)

Replying to: isellhondas (Feb 10, 2013 4:53 pm)
New Ford compact van/tall hatchback
 

#3143 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [isellhondas] by robr2

Feb 10, 2013 (5:10 pm)

Replying to: isellhondas (Feb 10, 2013 4:53 pm)
P.S. What the heck is a C-Max?
 
Hybrid or Plug In Hybrid only.

#3144 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [boomchek] by thatautguy

Feb 10, 2013 (5:12 pm)

Replying to: boomchek (Feb 10, 2013 4:55 pm)
boomcheck, thank you again for restoring my sanity. I'm glad I'm just a mildly incompetent run-of-the-mill car buyer as opposed to the biggest schmuck in the universe I actually showed in the system as having 13 payments to go; I think I always naively thought that when I stayed with the same leasing company, the cars just got more or less swapped and that's it.
 
Either way, I'm glad I have the car now. Things actually fit, the ride is great, and I love the gas mileage I'm getting.

#3145 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [thatautguy] by boomchek

Feb 10, 2013 (5:19 pm)

Replying to: thatautguy (Feb 10, 2013 5:12 pm)
I'm glad I could be of help!
 
One more thing to remember is to make sure your previous lease gets cancelled and that payments don't keep coming off your account. Sometimes it takes a few days for paperwork and payout to reach the leasing company and a few more before they stop payments on your previous lease, unless your Fiesta lease was with Ford and the CMax lease is also with Ford.
 
But just make sure all of that is in order as I've seen it happen before due to the time it takes for payouts to be processed and old lease/finance payments still keep coming out when they shouldn't.

#3146 of 3258 Re: Did I get ripped off? (I'm pretty sure I did) [boomchek] by isellhondas

Feb 10, 2013 (8:21 pm)

Replying to: boomchek (Feb 10, 2013 4:55 pm)
Looks good! Ford seems to be back on track!
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