wes_mantooth;961213 wrote:lotta shady people work at dealerships.

Rotinaj;961266 wrote:tl;dr

wes_mantooth;961213 wrote:lotta shady people work at dealerships.

Ironman92;961204 wrote:He comes back and throws a 60 month finance number at me (with trade in), I told him I'm only going 36 and he shoots this huge number. I ask him what they were giving on the trade in and he showed me $750!!!! Lol and they didn't come down a penny on theirs! And while waiting on him to come back the finance manager screams from his office "oh no, no FUCK, GOD DAMNIT, FUCK!!! Because he spilled his coffee. Classy

So eventually we left laughing at their offer.

Later that evening my wife takes 4 pictures and puts my car on Craigslist and at 5:45 tonight I sold my $750 car for $3250.

rydawg5;961288 wrote:What was so shady about it?

rydawg5;961313 wrote:1) A 36 month payment would be MUCH higher than a 60. No brainer.

2) If you sold your car for $3250 (retail private party) then a $750 offer was probably fair in this scenario. Salespeople have to make money. The dealership probably could have sold your car for $3500. Getting it from you for $750, plus a $800 owner's "profit pack" puts the car at $1550 in cost. Selling it for $3550 is a $2000 profit for the dealership. A salesman would get 30% of that figure and receive $600. The average salesman sells 8 cars a month which would give him 4800/month for working 60 hours a week.

I don't see a huge problem with this. They have to make a living or they won't have a business to run.

Ironman92;961321 wrote:I don't know....test drive a $16,800 car that they knew had engine troubles and they let it stay on the lot? Let me test drive it?....and then say they didn't remember? I honest to God held up traffic at the light before the dealership....took about 10 seconds to get up to 20 mph with numerous cars behind me and I coasted into the lot.....then ran my numbers at 4.99% while they gave the people in front of us 3.9%...and then under value my car at least $2000. "I've sold cars for over 15 years and this is a good deal".....yeah for them

rydawg5;961335 wrote:First point, I agree, a little careless. It's actually a trusting dealership, they shouldn't let you test drive a car alone.

Second point, they ran numbers at 4.99% while someone in front of you got 3.99% - if you are talking about a USED car, you have to be kidding me. 1) Did you have EXACTLY the same credit score as those in front of you and have the SAME car? Banks not only like credit score but also, the car you buy plays a factor in what interest rate they want to lend you. You can't make those comparisons. The banks make that decision.

Third point, They have to make profit. I'm glad you sold your car for more. It would have been a fair deal for them. They have to make that much profit on used car deals or they can't make any money. You have to make money as a business to remain in business.

Ironman92;961344 wrote:Please quit assuming stupidity.

Thank you on the business advice....believe it or not I'm aware businesses need to profit.

Last week at the same type of Dealership we sat down and crunched the numbers and we received a 3.84% finance rate on the same year and almost identical priced same model car.....they initially offered $1500 for my car and came down $500 on theirs.....we were pretty close but thought I could get at least $3000 out of mine pretty easily.

Ironman92;961368 wrote:What they make a year shouldn't vary much from Portsmouth to Athens.....the Portsmouth dealership went out of their way to sell a car, were more than fair and the no sale was my doing. Athens was sneaky, rude and somewhat insulting....with some great levels of arrogance....and the most uncouth employee I've ever heard at any business.

I'll be heading back to Portsmouth this Saturday.

password;961401 wrote:All used car salesman are assholes, should have their balls removed and made to go door to door in the ghetto selling Coppertone sunscreen products.

Ironman92;961409 wrote:He sold new cars as well.