Last post on Nov 20, 2013 at 9:45 AM
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Car Buying, Car Selling
#3273 of 3350 Re: Novice negotiating online--Confused--Does this guy even want to sell a car? [isellhondas]
Jun 22, 2013 (8:22 pm)
Jipster would have been fine to deal with.
I wouldn't have minded having him as a customer.
Thanks. I think you would have put me on your Xmas card list.
I would have bought my 2012 Civic from Isell, if he lived in the Louisville area.
I've always been friendly and respectful to my salesman. The majority of which have been fairly nice guys. If a deal can't be made, no hard feelings.
#3274 of 3350 Re: I have a question from the balcony... [sandman_6472]
Jun 23, 2013 (2:08 pm)
A shame that the 1st thing that salesmen say is that the buyer is fishy
My comments were against the buyer, as well, and I'm not a salesman. The buyer did not express any reason for wanting to back out other than simply wanting to just because they were asked to come sign the same damned contract they already agreed to and signed. If the buyer left important details out of the story, it is their own damned fault. My conclusion was drawn from the information provided by the buyer, nothing more, nothing less. If it walks like a duck....
#3275 of 3350 Re: I have a question from the balcony... [isellhondas]
Jun 24, 2013 (7:15 am)
We're def. not getting the entire story.
Everytime I've bought a car, I got a copy of the contract. If the dealership wants him to sign a new contract, just make sure all the numbers match his copy of the original contract.
#3276 of 3350 Re: I have a question from the balcony... [verdugo]
Jun 24, 2013 (9:38 am)
I just had to resign a contract on the 2013 CRV we just bought.
My F&I guy transposed a number and Honda kicked it back over two cents!
Not that uncommon but this was caught in four days, not a MONTH!
#3277 of 3350 Re: I have a question from the balcony... [isellhondas]
Jun 24, 2013 (10:40 am)
My most recent two purchases (May 2012 and May 2013) have had the contracts revised but I didn't have to re-sign. One one the payment date changed - I think the first payment was actually made due a week or so later. The other had different late payment information. Instead of a payment being late after 7 days the bank changed it to 10. Neither change affected the numbers so I guess that's why they just let me know. For each of them I received a letter from the finance company in 7 - 10 days.
In 1998 I leased a GMC Yukon. The contract had 15k miles per year but GMAC said it should have been 12k. They did want me to sign a new contract for that but I refused. Somehow the dealer and GMAC worked it out. I never got the details and I sold it before the lease was up...
#3278 of 3350 Re: I have a question from the balcony... [isellhondas]
Jun 24, 2013 (2:28 pm)
still not as bad as my Acura, where it took 2 weeks to figure out they wrote the contract on a totally different car than the one they gave me.
sadder, I was the one that finally figured it out. They somehow still thought I just got the wrong key fob, which made no logical sense at all.
would have been funny if they tried to sell "my" car before i went to swap it out!
#3279 of 3350 Re: I have a question from the balcony... [isellhondas]
by kyfdx@Edmunds HOST
Jun 24, 2013 (4:55 pm)
I had to re-sign a lease contract on an Accord in the '90s...
The correct money factor was supposed to be .00236 and they used .00239... AHFC kicked it back...
Saved me about $1/month!!
Most stories I hear about new buyer's not wanting to re-sign contracts are purely buyer's remorse.. and, thinking that this might be a way out...
Others just don't like car dealer's, and like to think they have the upper hand (for once)...
#3280 of 3350 What should I be aiming to pay on this deal?
Sep 01, 2013 (8:49 am)
I understand that a dealer is in business to make money and, though it would be nice, I'm not going to drive a car off their lot (likely) without them making a fair bit of money off of me. I'm okay with this. What I don't want to be is the fool who they make A LOT of money off of. That's where I hope you can help me.
I'm looking at a 4 owner 2002 Corolla LE with 100k miles with a sticker price of $6,995. No side front airbags and no ABS, really clean but definitely not new (few scrapes, wheels are scraped). There are a few other 02's w similar specs that are priced at other dealers for right about the same amount, so, in that sense, it seems to be a fair price. However, after looking at trade in value for that car, I see that the MOST the dealer would have paid (and I'm sure they didn't pay for a "clean" trade-in) would have been $3,800. In addition, KBB, Edmunds, NADA, and Black Book all say that this vehicle should retail, in outstanding condition, for about $6,100.
So, of course, my question is what would a fair price be for this vehicle?
#3281 of 3350 Re: What should I be aiming to pay on this deal? [acemanhattan]
by MrShift@Edmunds HOST
Sep 01, 2013 (9:08 am)
Sounds like $5K would be more than generous. You should use the designation of "average" or perhaps "good", to price the car---certainly not excellent or outstanding.
#3282 of 3350 Re: What should I be aiming to pay on this deal? [MrShift@Edmunds]
Sep 01, 2013 (10:48 am)
Thanks. Does it sound then, since they are asking $6,995, like this is just a situation where the dealer has no interest in selling it at a reasonable price and that I shouldn't even make an offer? If I want to get the vehicle at $5,000, then I'm looking at offering them something like $4,500, which, at the price they've advertised it, doesn't sound like a very serious offer. Or does it?