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Automotive News & Views What if you were in charge of GM?
874 messages, Last post on Oct 28, 2009 at 10:20 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: imidazol97 (Jun 30, 2009 4:05 pm)
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Replying to: Mr_Shiftright (Jun 30, 2009 5:59 pm) GM dealers don't do this any more than other dealers. I just bought a new car Saturday and found the process easier than the last several I had bought at a dealership I liked in a small town. But this was even nicer. I almost wanted to go back Monday and buy another. The only obfuscation is typical and that is trying to pass the documentation fee off as required and different than the ORC says (Ohio Revised Code). It's a maximum of $250 and not required; in fact the wording sounds like it is for payment contracts (I was paying cash). But the auto dealers' lobby will never allow that to be controlled. The salesman presented it late as a temp plate fee and title fee all bundled.
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You want to talk pricing shenanigans... I saw an ad for the new Ford 150, 4X4, crew cab, most of the 'goodies' at $279.00, but just at the bottom of the ad, in VERY small print was the notice that the $279 is a biweekly payment. In other words, your payment is actually $558.00 per month. Talk about misleading. And the dealers wonder why the general public hate dealing with them. As for GM, if I was in charge, I would shut it down now and save taxpayers in many countries the pain of watching all their tax dollars being wasted on stupidity.
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| ...and such, I just buy it outright and be done with it. | |
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Replying to: canadiantoyota (Jul 01, 2009 4:04 am) |
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Replying to: imidazol97 (Jun 30, 2009 6:07 pm) What did you buy? i bought a used car 2-3 weeks ago. The dealership recently changed names and instituted a "salesman-free" zone and other policies to make the car buying experience less threatening. Looked good. I hope it works. the documentation fees were around $170 but they were spelled out. A little higher than if you did it yourself but they do need to pay someone to complete all the paperwork and make sure it gets to the right places. Plus there is the convenience factor. |
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Replying to: Mr_Shiftright (Jun 30, 2009 7:37 am)
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Replying to: blckislandguy (Jul 02, 2009 6:53 pm)
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Replying to: cooterbfd (Jun 29, 2009 6:37 pm) Yes, but the Germans do it the right way. They have almost a perpetual motion machine that runs basically on status insecurity and a lack of cash. First they develop a brand that is desireable and therefore has low depreciation. Then they offer subsidized leases, not discounted purchases on one time transactions. This way you get a lot of people hooked on a very profitable treadmill cycle of leasing a car every three years. Couple this with free maintenance and a CPO program and virtually everyone (i.e., the factory, the captive finance arm, and the dealers) make money hand over fist as the dealer maintained cars come off lease, are CPOed and resold. The only guy that loses is the guy on the 3 year lease treadmill. He sure looks good though in his always new Bimmer. Thanks for mentioning New Shoreham. They wouldn't let you into the Yellow Kittens if they thought that you had a leased car outside. They know better.
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Replying to: blckislandguy (Jul 02, 2009 7:03 pm) When I get my moped running, I'll have to go out there for a ride  Seriously, I gotta get out there....It's been too long. As for the leases, I think they can be rediculous. They want $4-5 grand down, and then $400/mo for 3 yrs. Even on a small Beamer or C class, that's 10-15% of MSRP. I think I'd rather pay double per month and come out owning it w/ a 0% financing.
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