Former or Current Car Sales People

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

So we went to a dealership today. Found a used 2001 Chevy Lumina with 85K miles on it. Price they asked for was $3995, which is a little below the KBB price for it.

With me cosigning for my daughter, they SAID they were giving us 8.9% interest on a 36-month loan. Not bad.

Then they said the payments would be $162 a month! I checked four different loan calculators and they ALL came out to $126.85.

What are these morons trying to pull on us?

SpeedRacer · Postby **SpeedRacer** » Sat Mar 29, 2008 9:14

wow dude wow

Huzer21 · Postby **Huzer21** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (Stealth01 @ Mar 29 2008, 07:02 PM) [url=index.php?act=findpost&pid=36476]<{POST_SNAPBACK}>[/url]</div>

So we went to a dealership today. Found a used 2001 Chevy Lumina with 85K miles on it. Price they asked for was $3995, which is a little below the KBB price for it.

With me cosigning for my daughter, they SAID they were giving us 8.9% interest on a 36-month loan. Not bad.

Then they said the payments would be $162 a month! I checked four different loan calculators and they ALL came out to $126.85.

What are these morons trying to pull on us?[/b]

Did you count sales tax, delivery, handling/prep/etc fees. Before we bought the Murano, we looked at a used one at another dealership. Looking into the numbers, the dealer was adding nearly $1500 in fees.

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (Huzer21 @ Mar 29 2008, 07:32 PM) [url=index.php?act=findpost&pid=36483]<{POST_SNAPBACK}>[/url]</div>

Did you count sales tax, delivery, handling/prep/etc fees. Before we bought the Murano, we looked at a used one at another dealership. Looking into the numbers, the dealer was adding nearly $1500 in fees.[/b]

Yep, you nailed it! Manager called me a half hour ago and said that he could do $129 a month with $500 down in the next 21 days. The added fees are because of $498 handling fees and $350 in taxes.

SOoooo...we may have a deal.

Except I found THIS on their website:

ALL PRICES QUOTED INCLUDE $498.95 Dealer

Hmmmm...think I'll use that when I call back. Muahahahaha!

tsx_guy · Postby **tsx_guy** » Sat Mar 29, 2008 9:14

gotta love it...although there are some good dealerships out there, it only takes a few to make the rest look bad...

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

And there we have it -- buying a car at the end of the month ROCKS. They were willing to budge because the salesguy is really close to getting his bonus. So we got the car for $3995 (KBB = $4200) with either 6 percent, $500 down and $129 a month for 36 months. She can afford the payments, we're cosigners, and the fuckin' Beretta -- GONE BABY. What a POS that turned out to be. We have someone from the beretta club that wants to buy it for parts, so we'll recover what we can.

tsx_guy · Postby **tsx_guy** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (Stealth01 @ Mar 29 2008, 08:06 PM) [url=index.php?act=findpost&pid=36488]<{POST_SNAPBACK}>[/url]</div>

And there we have it -- buying a car at the end of the month ROCKS. They were willing to budge because the salesguy is really close to getting his bonus. So we got the car for $3995 (KBB = $4200) with either 6 percent, $500 down and $129 a month for 36 months. She can afford the payments, we're cosigners, and the fuckin' Beretta -- GONE BABY. What a POS that turned out to be. We have someone from the beretta club that wants to buy it for parts, so we'll recover what we can.[/b]

i agree, I closed on my end of the year model and end of the month clearance when I got my 6.... congrats with the sale..

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (6i_guy @ Mar 29 2008, 08:08 PM) [url=index.php?act=findpost&pid=36490]<{POST_SNAPBACK}>[/url]</div>

i agree, I closed on my end of the year model and end of the month clearance when I got my 6.... congrats with the sale..[/b]

I never really believed that stuff, but when the manager called me, he said, "Hey, look, it's the end of the month and Geno is really close to his bonus, so we're willing to work with you to find a payment that works for your daughter."

It was REALLY nice to feel empowered by walking out of that dealership and having them call us back. Woo hoo.

Oh, and one of the cars they offered -- a 2005Mazda 6i for $10,900. 44k miles on it. Probably could have knocked a grand or so off the price, but I think the insurance will be lower on the Chevy anyway.

Oh yeah. And she still gets 2 years of free oil changes and a $500 gas card, too.

tsx_guy · Postby **tsx_guy** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (Stealth01 @ Mar 29 2008, 08:13 PM) [url=index.php?act=findpost&pid=36492]<{POST_SNAPBACK}>[/url]</div>

I never really believed that stuff, but when the manager called me, he said, "Hey, look, it's the end of the month and Geno is really close to his bonus, so we're willing to work with you to find a payment that works for your daughter."

It was REALLY nice to feel empowered by walking out of that dealership and having them call us back. Woo hoo.

Oh, and one of the cars they offered -- a 2005Mazda 6i for $10,900. 44k miles on it. Probably could have knocked a grand or so off the price, but I think the insurance will be lower on the Chevy anyway.

Oh yeah. And she still gets 2 years of free oil changes and a $500 gas card, too.[/b]

nice! end of the month ftw!!!

Co626 · Postby **Co626** » Sat Mar 29, 2008 9:14

very smart get the Bretta out of there (126 a mouth is right) a Lumina isnt a bad car at all. I all ways buy a car at the fist or the last of the month ( ive been a car lot manager in till last year) so you did good. Good luck

rx8ghost · Postby **rx8ghost** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (Stealth01 @ Mar 29 2008, 08:13 PM) [url=index.php?act=findpost&pid=36492]<{POST_SNAPBACK}>[/url]</div>

I never really believed that stuff, but when the manager called me, he said, "Hey, look, it's the end of the month and Geno is really close to his bonus, so we're willing to work with you to find a payment that works for your daughter."

It was REALLY nice to feel empowered by walking out of that dealership and having them call us back. Woo hoo.

Oh, and one of the cars they offered -- a 2005Mazda 6i for $10,900. 44k miles on it. Probably could have knocked a grand or so off the price, but I think the insurance will be lower on the Chevy anyway.

Oh yeah. And she still gets 2 years of free oil changes and a $500 gas card, too.[/b]

What dealership is it at? My buddy Matt is looking for a sedan so I'm trying to help him out.

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (RX 8 Ghost @ Mar 29 2008, 09:44 PM) [url=index.php?act=findpost&pid=36523]<{POST_SNAPBACK}>[/url]</div>

What dealership is it at? My buddy Matt is looking for a sedan so I'm trying to help him out.[/b]

As long as he doesn't go and buy the Lumina out from under her.....it's Phil Long used at Chapel Hills.

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

OK, so as of right now, this is going to be Sarah's car come Monday:

We found someone to give us $800 for the Beretta, which is what she initially spent on it. So she's losing the $500 or so she's invested in repairing it, but she's getting the $$ for her down payment and then some.

And if anyone does go to Phil Long Used, don't ask for Geno. He's...uhm...not the sharpest knife in the drawer.

He said that going from 36 months to 48 was an increase of 6 months.

arctic_blue83 · Postby **arctic_blue83** » Sat Mar 29, 2008 9:14

Looks like you got everything sorted out... sometimes it's really tough to figure out what else a dealer is trying to finance into your payments.... I won't lie, I fucking hated working in the car business, I don't ever in my life want to work for another car dealership.... *involuntary shudder*..... it's been 7 months since I quit the car business, and I'm still bitter about it lol.

Stealth01 · Postby **Stealth01** » Sat Mar 29, 2008 9:14

<div class='quotetop'>QUOTE (arctic_blue83 @ Mar 29 2008, 11:29 PM) [url=index.php?act=findpost&pid=36542]<{POST_SNAPBACK}>[/url]</div>

Looks like you got everything sorted out... sometimes it's really tough to figure out what else a dealer is trying to finance into your payments.... I won't lie, I fucking hated working in the car business, I don't ever in my life want to work for another car dealership.... *involuntary shudder*..... it's been 7 months since I quit the car business, and I'm still bitter about it lol.[/b]

Are they ALL this crooked? They tried to tell us their original asking price was $6995, but I found an ad in the paper today for the SAME car for $3995. THey mentioned NOTHING about the 6-year 100K limited warranty that the paper mentions, or that she gets the $500 gas card just for test driving.

So my wife is concerned about their integrity, but I suspect ALL of them, especially used sales, are this way.

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