Basil, Paddock, Cappellino, Dave Smith & Emerling fined for cash for clunkers ads

Don’t take it too personal, the linked article doesn’t mention any other dealers. That list is the first I’ve seen.

one more thing.

you guys have no idea what a pain in the ass this fucking shithole state is to do buisness in and how much it costs us compared to anywhere else. Cuomo is a piece of shit and he goes after car dealers every chance he gets so fuck him too.

I apologize for being an asshole but there is a whole long backstory here with a dealer in the area who is pissed because we have been taking buisness (it’s called COMPETITION you pussy!) from them so they are doing everything in their power to fuck us. This bullshit spotlighting is a product of that.

it’s hard when the media feels it’s ok to flat out cover up things others did so they can burn us

Torqdss,
how is basil toyota included? I can see where the resale center could be included about what about the toyota dealership?

Sorry Dave, the article I read and linked only listed the two. It doesn’t surprise me it was more than that though.

Still, used car place advertising cash for clunkers gets a :tdown:. Probably not state AG worthy but there should be some repercussions for that.

http://www.oag.state.ny.us/media_center/2009/aug/aug10a_09.html

Yeah it wasn’t just Basil, but nice of the Buff News to single them out.

Dave, you know you can call them and ask them to correct the story (or at least expand on it) since it’s obvious that at article like that will have a negative impact on business.

so it’s ok for basil to false advertise since others do it too?

ok call me retarded but…

If a used dealership wants to advertise “cash for clunkers” why not let them? Even if they are not doing the “cash for clunkers” but still giving people the $4500 trade in value on a car that is not worth it, then I say thats awesome. As long as they are giving a value of $4500 for a “clunker” towards a purchase of a used car, I say awesome and way to think outside the box.

On a side note, a ton of my customers and I always joke about how the cash for clunkers program is a joke but shows how smart the government really is. think about it this way:

-You Have a clunker
-You Trade it In (4500) towards a new car
-You get the new car, get the loan from a bank (Stimulating banks again)
-6 months go by, you realize you cant afford and should have never bought a new car and that 4500 was just a dumb carrott being waved in front of you

  • Bank hires a repo man to come get your car (Stimulate the repo market)
  • Car is now considered “used” and bank can now sell the same car twice (stimulate the bank again)
    -But before the car can be sold it has to have maintence done to it (Stimulate OEM parts sales)
  • BRILLIANT!!!

The government has become more intelligent then we could have possibly imagined.

Another Side Note, I will still go to the mentioned dealers to get my wife her car she wants.

I can only speak for Basil Toyota. To set the story straight it wasn’t misleading. It was a lack of information. Apparently, when you advertise “$4,500 for your clunker”, you’re supposed to include an asterik with “must get less than 19 mpg and new car over 26 mpg blah blah blah”. Well, the AG sent a Cease and Desist letter to Mike. If you know MIke Basil, you will know he is an outstanding individual and is filled to the brim with integrity and decency. If Mike had known about the letter, the ad would have stopped immediately, and we wouldn’t have been fined. However, it was coincidence that Mike was out of town for a Toyota meeting. Because the letters are marked “Personal and Confidential”, no one else was going to look at it. What happened, happened and unfortunately it did. Mike as well as ourselves are absolutely sick about this.

Not at all, but the entire dealership chain shouldn’t have to suffer because 1 or a few people made either a mistake or acted maliciously. And this is business; regardless of how or why it happened, if they can take steps to minimize what the public will see as a negative they need to. That or they will loose some amount of money.

So who did you guys piss off at the Buffalo News? :lol:

It really sucks because the add isn’t misleading at all.

Fuck the police.

I love how the government can MAKE you do anything they want.

how else is the gov’t supposed to make money on cash for clunkers?

Via ownership stakes in the automakers and lenders…that’s how.
The government overstepped it’s bounds in disgusting fashion. Ahhh, The American Way. :frowning: It seems the government gets to pick n’ choose who is “too big to fail” and invest in them (with tax payers $ and spending power) to ensure temporary success.

If you have a rotten foundation why build a palace on top of it? These companies have extreme mis-management and clearly have no ability to run a profitable biz. Yet they are propped up and allowed to continue, at the American people’s expense. SIGH.

.

although off topic, what you said deserves a small response. NO ONE IS FORCED INTO DOING ANYTHING.

Can we have a “Cash 4 Clunkers” program for our economy…since they are trashing our future?? I mean clearly our economy is a clunker at this stage…fundamentally speaking. HRMMM.

“Cash 4 Clunkers” has done what the government intended it to do…stimulate and prop the markets/hurting industries/economy up. Especially the auto makers and lenders they now have ownership stakes in. Gotta love that they can overstep their bounds and pick who is “too big to fail”. So much for “free markets”. Long term is all this smart…not at all. As loans continue to be written, and for higher amounts, the bubblish need for higher wages grows. They are advancing the debt slavery exponentially. They are further removing peoples ability to save or think ahead. :frowning:

The more loans that are written, the more the money supply expands. The more the money supply expands the less our USD stretches. So yay for reduced spending power. A dollar is not a dollar, even though it looks the same in your wallet. Don’t believe me, think of just maybe 5 years ago. $1 would buy you 1 gallon of gas, where now you need 3-4 of those same bills to get the same 1 gallon. It’s just not a realistic or sustianable scenario! If you don’t let an economy (especially one with garbage fiat currency) both expand AND contract to the full extent you limit the lifespan of the currency. So they force things to expand and expand and expand, while only letting minor (in relation to expansion) contraction occur. Things were a lot more sustainable until 1995 and the tech bubble…see the below chart.

What ATR or Average True Range shows (more less) is the number of points traveled for the noted period. This is a yearly chart so every bar represents 1 year of price movement. So this shows through an equasion…basically every year the price flucuated xxx number of points. The calcs are not important, the important part is prior to 1995 things were crusing along at a pretty reasonable and non exponential rate. Then it got a wee bit insane [/sarcasm] and has never looked back.

Some may argue or debate about this not being a “log scale” chart. I say why when you’re trying to compare 1 point to 1 point or value to value why do you need to have exponential skewing??? Is a point not a point? Do we need to skew the picture to make things look less insane? Draw fibs on a non log, or look at ATR on a non log chart. They give the same numbers/readings whether log or arithmetic. Why? Because a point is a frickin point! Now I will say…for trendlines log scale is a must. But for vertical to vertical comparison log is not a valid view IMO.

Some interesting numbers are as follows…
Great Depression: High of 386 points before putting in a low of 40. YES…a loss of almost 90%! :shithitfan:
2009 “recession/depression”: High of 14,198 points before putting in a current low of 6,470. A 54% loss. So we gave back a whopping 7,728 points and still had 46% left in the tank. If we gave back a matching 90% to that of the Great Depression we’d still have a DOW of about 1,420. Nearly 4x the peak of the Roaring 20’s. The irony is back then our country was a PRODUCING nation that saved. Now we are a CONSUMER nation with piss poor GDP and deep red negative debt to savings ratios. Giving 90% back would leave us with a bargain technically…fundamentally speaking. LOL

Compare the Y2K bear to the 2009 bear:
Y2k high of 11,750 and low of 7,198 (39% loss). This bear took nearly 3 years to bottom, and had several semi-controlled waves/corrections. Again, only a 39% loss though it must have been painful as it just ground lower, then bounced, then lower…seemingly forever.
Again this current bear we lost 54% assuming we have bottomed…in about 1.5 years! So substantially more loss in half the time. (Insert Tom Petty’s “Free Fallin” song here).

Just seems at some point…somethings gotta give on a bigger scale…no?

the problem is that the other dealer is trying to strongarm the buffalo news because he is a huge pussy and needs to stop crying about it.

At least he has sweet hair. :lol:

lol!

The real victim is the dealers who are going to get fucked out of all that cash for clunkers money the govt promised. Lesson here kids: The manufacturers have lobbyists, the dealers do not. Lesson two: the media will arrange the details to make an intersting story, not to convey the truth. I have personally known the basil family of dealers and they are always fair and have giving back to their community in various charities and programs as well. That being said, they also treat their employees well. I cannot say the same for Paddock and Jim Ball.

Cumo is the next link in a long chain of NYS bullshit GOVT