i was respectful when i spoke with the sales manager today, in return he was a huge fucking dick to me. its definitely going to be an interesting battle
i just wonder if its worth just buying the car and instead of financing through them (where they would make their money) financing elsewhere
If there was a signed contract that said the deposit was non-refundable then the dealership might be in decent shape. W/o a contract I think that there was no meeting of the minds and they need to get you your money back.
i wonder how something like that would go, or if it were even possible? id assume not since the dealer most likely holds the title and wouldn’t release it?
god you suck so much lately hendel
obviously you can’t read a fucking thing or comprehend anything
deposit was for $1000 and its all about saving $500+ bucks and some other bullshit involved
let me see what results tomorrow, if not ill link you <3
I bet they would laugh uncontrobally at that statement. Cause we all know VWPoortex/VWKotex fggts are what dealerships survive on, fuck, they’d be out of business in a day without all those baller ass Vortex kids buying from them.
So the car payment went up from $291 to $299 a month and the car went up a total of $137 and thats what prompted you to try and ax the deal?
Are you putting money down or financing for 84 months? I’m trying to figure out how 0.4% interest hike plus $137 dollar principle hike is costing you $1800 dollars and it’s not adding up.
Oh, and saying you’re going to bash them on a forum will get you laughed at. Read this thread. There is good advice for how to really get your money back.
Onyx, really? It’s common to put down a deposit during negotiations? I can see how that could save a really special car, but it just seems like you surrender your only leverage in the negotiation: walking away. I can’t imagine giving a car dealership money before agreeing on terms. Even if it’s just financing. They make money off of that too. You can negotiate your interest rate…
This dealership is trying to force him to use the lender of THEIR choice, not his. VW finance will give him about a 3.5% rate (as opposed to this dealership’s lender at 4.8%) and this has been confirmed at 2 other VW dealerships. And this dealership is a real VW dealership not some random lot either.
This dealership is telling him that if he doesn’t use THEIR lender they’re going to raise the price of the car by about $650.
The dealership definitely has him at a lower rate through their lender so they’ve raised the rate, probably by a point (1%) so they can make more off of him. The bank is also giving the dealership at least 1% of the loan already just for using them. When a deal is signed the bank will give the dealership a check for this 2%+ difference immediately.
Keep in mind this amount is not a % of the purchase price but of the total loan amount over X years.
Essentially the dealership is saying that if we can’t make our extra money by raising your loan rate and using our lender we’re just going to charge you up front for the money we would have made.
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Yeah, if you really want / already know a vehicle is exactly what you want, put a deposit down on it.
He normally still has leverage because he hasn’t signed anything. See the NYS law Aaron posted. How that works in RI I guess we’ll find out.
I agree he shouldn’t have jumped and given a deposit on this specific car. But that’s water under the bridge.
Call customer care. Tell them that one of their dealerships is trying to screw you so you’re going to buy a Chevy instead. They’ll call up the dealership and bitch them out with real authority, not internet authority. Bam you get your financing.
Customer CARE
Let’s make it easy - for help with customer service, you can either email or call — whatever works for you.
Call 1-800-822-8987
8 a.m. to 6 p.m.
Local time in the contiguous United States
The change in payment/interest rate isn’t surprising. They quote the ideal situation and when the credit report comes back they can give a more accurate rate