[Indy-Guy]

Originally Posted by villagetinker

I just had a thought for a different approach, call one of the Orlando TV stations, they seem to like exposing bad car deals. One of them recently had an expose' on a dealership that was selling cars that were not repairable, and then not honoring the "warranty".

What makes you think this is a bad car deal. I would ask you to look at Kelley Blue Book - New and Used Car Price Values, Expert Car Reviews there are 8 different models of this car. In a previous post I asked about the car I failed to ask what model. My mistake. As you can see there are many things to look at before you judge.

We don't even know what state the purchase was in. So calling an Orlando TV station would be a waist of time if this did not occur in Orlando. Using the average model of the car the price is inline.

I do have a problem with the $800.00 add on. That seems to be the normal way of doing business today even though as a retired car guy I don't agree with it. That is the reason that the customer should always negotiate an out the door price or a price plus sales tax only price. Let the dealer work out the bottom line.

As for the $1,800 extended service policy that would depend on exactly what we are talking about. That is a whole other can of worms.

1. As stated a service policy could mean maintenance on the car. Or does it insure's the repairs on the car?

2. Could be a mechanical breakdown policy. Which with the car having only 22,000 miles the main question is who is backing the policy. If General Motors is backing the policy he should keep the policy. If it is from anyone else in most cases it is not worth the paper it is written on.

The $1,800.00 maintenance or service agreement figures out to $300 yearly plus interest. Based on the 6 year finance agreement.

[tomwed]

I forgot who pointed this out to me when I moved down from Jersey. The jest of it was that consumers have rights in New Jersey that they don't have in Florida. I think it had to do with small claim courts.

[rubicon]

Originally Posted by Indy-Guy

What makes you think this is a bad car deal. I would ask you to look at Kelley Blue Book - New and Used Car Price Values, Expert Car Reviews there are 8 different models of this car. In a previous post I asked about the car I failed to ask what model. My mistake. As you can see there are many things to look at before you judge.

We don't even know what state the purchase was in. So calling an Orlando TV station would be a waist of time if this did not occur in Orlando. Using the average model of the car the price is inline.

I do have a problem with the $800.00 add on. That seems to be the normal way of doing business today even though as a retired car guy I don't agree with it. That is the reason that the customer should always negotiate an out the door price or a price plus sales tax only price. Let the dealer work out the bottom line.

As for the $1,800 extended service policy that would depend on exactly what we are talking about. That is a whole other can of worms.

1. As stated a service policy could mean maintenance on the car. Or does it insure's the repairs on the car?

2. Could be a mechanical breakdown policy. Which with the car having only 22,000 miles the main question is who is backing the policy. If General Motors is backing the policy he should keep the policy. If it is from anyone else in most cases it is not worth the paper it is written on.

The $1,800.00 maintenance or service agreement figures out to $300 yearly plus interest. Based on the 6 year finance agreement.

Indy Guy: Seller buyer having the same information and coming to an agreement defines the value. This buyer needs to read The Art of the Deal because as described and that's all we can go by he was way over his head; albeit the seller has an ethical obligation not to misrepresent.

another feature of this entire issue is that the value of a vehicle has different measurements of value from the prospective of a dealership, customer, bank, insurance company and private buyer once the car has left the lot. They all are right in their own regard. finally the years in my business taught me that the car businesses (dealerships, repair/service shops etc) that stay in business are those that are ethical and stand by their products

[GaryW]

TO me Bottom line is this: if you sign the contract read it. Have a friend of mine that went thru something similar. His rate ended up at 19.5 %. He had bad credit and could not understand how that had a play in it. I told him you signed the paper work, now it is not the dealer's problem. You sign it , it is all yours. Have fun with it.
There is a lemon law, and it is for a reason. It is not for someone that could not or did not read the contract they entered into. That is the problem with this country, everyone wants a out or a "MULLIGAN".
Friend of mine is a GM of a dealership, and he said they have a lemon law,, but for the right purpose.

Just Sayin

[RickeyD]

Unless you've been living in a cave does anyone today or yesterday trust car dealers, really ?

[mulligan]

It's nice to be wanted.

[fred53]

Why in the world...in this day of instant information....wouldn't you or your son do a complete online search on the worth of this vehicle????? And it's add-ons???

Seems you have access to a computer..why didn't you check???

Someone has been careless and foolish.

[BobnBev]

Originally Posted by RickeyD

Unless you've been living in a cave does anyone today or yesterday trust car dealers, really ?

Here's a big AMEN to that.

[kstew43]

my daughter fell into the same....trap? a few years ago. she was young and had no credit and the salesman talked her into the price of the car..too high..17% interest rate and a warranty....

the way he got her to accept the deal was to accept the monthly payments...she felt she could handle the payments so she was happy...

when I asked her how much she paid for the car..totally..out the door....she didnt even know.....,she just kept saying to me...but I can afford the payments..mom...

I wish she had included me in the deal process.....my experience would of helped her...but you know ....when there 19 they can do anything....and she wanted to do this all on her own....