07-20-2004, 02:05 PM | #1 (permalink) | |
Junkie
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As if we needed another reason to hate car salesman...
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I just bought a used vehicle yesterday and although it was fairly easy, it still had it's hiccups. As a consumer that likes to be treated fairly I hate the car buying routine more than any shopping experience (I haven't purchased a house yet). They are always trying to low-ball you while keeping the price of the car you want as high as possible. Then there's the interest rates. This purchase was an exception. I was pre-approved through my bank and they needed to beat that offer by a lot for me to use their bank instead. In the past it's always been: them: ok, we'll finance you at 10% me: no them: let me talk to my boss *sit with my thumb up my ass for 20 min* them: ok, I got them to go down to 9% me: I can do better with my bank them: let me talk to my boss *sit with my thumb up my ass for another 20 min* them: ok, I got them to go down to 8% me: go fuck yourself *goes home* next day phone call from salesman them: I really want to sell you this car so we dropped the rate to 7%. Wow. You're getting one hell of a deal here me: I can do better with my bank them: let me see what I can do later that day them: wow, I can't believe we're doing this. I don't even think we're making any money on this deal. In fact we're probably taking a huge loss. When the owner finds out I think I'll probably lose my job. We can finance you at 6% me: that's a nice rate, I'll take it. Then you sit in the financing office. The same bs ensues while they try to sell you gap coverage, extended warranties, lojack, etc. I ended up getting gap coverage for about $1.50/mo (down from about $10/mo with a warranty but supposedly they couldn't do the warranty because it's a turbo). In the end, I think I got a fair deal. I paid just a bit over retail blue book, but I owed $2k more than the wholesale blue book. They paid it off and didn't add anything on to the financed amount from the previous vehicle. However, I only did ok because I was a bit of a dick and was able to tell when I was really getting screwed over. Overall, I probably got screwed a little bit, but I just wanted to be finished with it. I hate that you have to be so aggressive to keep yourself from being totally screwed over and it makes me feel bad for the people who aren't comfortable with doing that because they can get so screwed over. What do you guys think about car salesman? Are there any here that would like to comment about the ethics of selling used cars? Do you think that you treat people with respect and try not to take advantage of them? |
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07-20-2004, 03:19 PM | #2 (permalink) |
Junkie
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When I worked at a dealership (service department) the thing I always noticed about the salespeople that worked there was that they came from other industries and knew nothing about cars. As a result they didn't know what they were really selling, which is what seemed to cause most of the problems.
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07-20-2004, 03:33 PM | #3 (permalink) |
Addict
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I couldn't agree kutulu, hat seems to be the biggest pain in the ass in the world. I'm actually buying a home right now and it is far from stressfull, but it has been so much smoother than buying a car. I guess it must be a trust issue with the realtor and the home owner I am buying the home from compared to the stereotypical car salespeople. Before car salespeople here start railing on me I know your not all trying to get over on people, just some of them are. *wink*
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07-20-2004, 03:42 PM | #4 (permalink) |
Junkie
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I've never bought a car or even negotiated with a salesman that I didn't feel was trying to screw me over. I've bought 4 cars on my own now and walked out of probably 20 other negotiations. In each one of them they were trying to either undervalue my car, overvalue their car, or give me a crap interest rate (or all three). Maybe it's just bad luck...
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07-20-2004, 04:20 PM | #5 (permalink) |
Addict
Location: Amish-land, PA
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See, maybe I'm the exception, but I LOVE wheeling and dealing for big stuff.
Like my most recent car purchase. It was after an accident, so I didn't have much money, and really needed a car. The starting price was 7000, and I talked them down to 5500, if I bought a one year warranty for around 1200 (I would have bought it anyway). Well, whaddaya know, four months later the car hate a major engine flaw, and the warranty covered it (cost was about $1000). I definately made out on this deal. I like the feel of the competition - me vs. the car salesman - and fighting hard for what I want.
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"I've made only one mistake in my life. But I made it over and over and over. That was saying 'yes' when I meant 'no'. Forgive me." |
07-21-2004, 08:28 AM | #7 (permalink) |
Junkie
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That was a very informative article. Nothing I hadn't expected but pretty crazy nonetheless. I'm seen every tactic they listed there.
What I didn't like about the article was that the author sympathized with the salespeople at the end, saying the real bullies are the managers and the owners. I think that's total BS. The managers and owners may be worse than the salespeople but they chose the job. They know that they are doing. It was shocking to read that some people don't even try to negotiate and take the first offer the dealer gives them. How stupid are those people? |
07-21-2004, 08:33 AM | #8 (permalink) |
Runt
Location: Denver
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As for house versus car buying, the process of purchasing a house has many more legal protections built into it. I found it much easier and less stressfull to by a house as opposed to a car. It just takes much longer.
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<--The great infidel--> |
07-21-2004, 09:07 AM | #9 (permalink) |
Fly em straight!
Location: Above and Beyond
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I was in this same boat a few weeks ago. I wa sin the market for a new Tahoe so I went over to the dealership to check out a few rides. Upon entering the place, Larry came out and said hello. I told him right off the back that I am "in no way going to purchase a vehicle today" so I could give him the hint to NOT give me the usual hardcore sales pitch. I am a salesman too, but in a completely different industry.
So, I test drove a vehicle I liked and I wanted to know the numbers behind purchasing it and selling my other truck. So, the guy has to run my credit before he can give me quotes. This gives him an idea of how much to come back to me with. We go through figures and I tell him what I want the transaction to look like. So, he runs the numbers, comes back and says he could probably do that but has to talk to his boss. He comes over and asks me to sit. Then they both sit there and try to give me the hard sell, but I was treating them like a bunch of fucking asshats. I told the manager "I told Larry upon entering that I am not ready to get a new ride today", which he repsonds with, "So, there is no way I can get you into a new vehicle?" I just walked out. Get this!!!!!! They weren't done yet. Theye was a HOT sales girl there that I made note of in front of Larry. As I am sitting in my truck out front, I see him go talk to her. She comes out, knocks on my window when I was on the phone. I opened it and she starts to flirt with me. I told her that was pretty fucking cheap to send to pretty girl over as a last ditch effort to get me to buy a vehicle. Of course she didn't know what I was talking about....
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Doh!!!! -Homer Simpson |
07-21-2004, 10:10 AM | #10 (permalink) |
Devoted
Donor
Location: New England
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I can't stand the wheeling and dealing. However, if you are planning to do it, I'd recommend bringing something good to read. That way, the 20-minute breaks while they pretend to be working hard won't have any effect. Or, even better, bring a handheld videogame, so they can hear the noise.
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I can't read your signature. Sorry. |
07-21-2004, 10:38 AM | #11 (permalink) | |
Junkie
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I just remembered that the guy I worked with last weekend did a trick I'd never seen before. When he took my keys to evaluate my car (I should have been standing there as it happened, but I was distracted), he never gave them back till I asked for them (about an hour later when I realized he still had them). In the past, when I'd walk out, I usually left while the salesman was "talking with the boss" It was a non-confrontational way to sneak out. He eliminated that opprotunity by holding on to them. It was slimey, but very smart. My wife and I had a good laugh about it. Always talk actual amounts, never talk monthly payments. First of all, it breaks it down into an amount that is too small to see the overall change in price. Second of all, with a 15,000 vehicle the difference between a 6% loan and a 11% loan is $36. It doesn't seem like a lot but over a 60 month loan it's $2,160. A lot of extra charges can be hidden in interest rates. Sell your old car privately before you buy the car. A dealership will do whatever they can to get you to take as little as possible for your trade. In many cases they might make more by selling your car at auction than they made off the car you purchased. Selling it privately will not only maximize what you get for your vehicle but it will also simplify your negotiations, tilting it more in your favor. Selling it privately can be difficult if say you owed $2k more than what you can sell it for. If you were planning on making a down payment, spend it on making up the difference between what you sold your car for and what you owed. Nobody really needs a down payment anyway. They just want more cash up front for their pockets rather than in the financing guy's pockets. The last thing I'd say it to never buy a car by yourself. First of all, you tend to spend a lot of time alone while he "talks to the boss" and you can have some company. Second, they like to gang up on you and back you in a corner. The person you bring with you will remind you that you're not alone, you have the power to leave, and that someone else is on your side because the sales guy is not. Also, if the person you bring is a SO, sit close together rather than on opposite sides of the table where they set the chairs. They want to divide and conquer, if you stay together it might help you subconciously. Overall, if you are going brand new, just talk to the fleet/internet manager over the phone or by email. There's a reason why the salesmen in the article were complaining about the internet sales. People get a better deal, hell they can get a car for under invoice! |
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07-21-2004, 10:43 AM | #12 (permalink) |
Buffering.........
Location: Wisconsin...
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Heh, a dealership I worked at ( I did computer work for them ) got in trouble for rolling back odometers way back in the day. I can't believe dealerships would do such a thing...
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07-21-2004, 10:49 AM | #13 (permalink) | |
Junkie
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07-21-2004, 05:54 PM | #14 (permalink) |
Observant Ruminant
Location: Rich Wannabe Hippie Town
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Every dealership/car salesman is going to see how much they can take you for. The difference is, some back off when you show you're not totally ignorant, and some don't.
Last car I bought, I talked to two dealers. One wouldn't even give a straight answer on what they wanted. They would show me the "deal cost figures" (yeah, right), and we could negotiate from there -- once I put down $100 deposit to show I was "serious." When I told them that was objectionable, they actually screamed at me. Obviously, I didn't buy from them. Went to another dealership, same car model, 10 miles away. The saleswoman (right out) asked if I'd be willing to pay a certain figure for the car -- it was list price, which I knew. I told her no, the figure I had in mind was much lower. She told me that my price was too low, but took it to the manager, who came back with a counter offer that seemed quite fair, and which I took. (A little later, dealing with the inevitable buyer's remorse, I did a little more research and found that the price was in fact quite good. It probably helped that there were about 50 of that model sitting on the lot -- they wanted to move them.) As I sat there with the salesperson waiting for the papers the clear, she let all the bullshit drop and said, "There are plenty of good cars on the market, plenty of good brands. It doesn't make any sense to turn people off with a hard sell. They'll just go down the road and buy something else." She told me she'd been selling cars for 30 years, so I guess she would know. So that was a good experience -- the saleswoman definitely wasn't my friend, but when she saw that I wasn't totally ignorant, she changed her tactics and closed the deal professionally. That's what a "good" dealership does. Last edited by Rodney; 07-21-2004 at 05:57 PM.. |
07-21-2004, 07:24 PM | #15 (permalink) |
Tone.
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another tip: never give them the keys to your trade in. All they do is keep them, or at most drive the car somewhere where it's hard to find. They can look in the bluebook. They do not need to drive your car to determine its value.
of course the REAL tip is never trade your car in. You get screwed every time, even if you think you're getting a good deal. Sell it privately. |
07-22-2004, 06:20 AM | #16 (permalink) | |
Addict
Location: Amish-land, PA
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Using your car as a trade in gives you a basis on marketable cost. You may get less than what you would sell it for privately, but not always. If you know what you're doing - and how to manipulate salesmen - then it's usually a good thing to come in with a trade in (especially if you don't have a huge amount to use as a down payment).
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"I've made only one mistake in my life. But I made it over and over and over. That was saying 'yes' when I meant 'no'. Forgive me." |
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07-22-2004, 07:06 AM | #17 (permalink) |
Delicious
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I think It's very interesting to watch the social interaction between customer and car salesmen. That was a very interesting Article.
I hate/love dealing with people working on commission. If I'm buying something from them I know they are feeding me bullshit and I'm probably not going to get a good deal, on the other hand I regularly go into places like Circuit City and have the salesperson try to sell me the highest tv in the place.
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“It is better to be rich and healthy than poor and sick” - Dave Barry |
07-22-2004, 07:24 AM | #18 (permalink) | |
Junkie
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07-22-2004, 07:35 AM | #19 (permalink) |
Banned from being Banned
Location: Donkey
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Other than the rolling back of the odometer (which just ensures that they get a hefty discount off their vehicle), it's not a big deal.
It's not like they embalmed the bodies in the vehicle, nor were naked corpses lying directly on the floor. Nor will the spirits of the deceased be lingering around to taunt the folks who bought the van [edit] Haggling for stuff is fun, too. If I were to buy a car, I'd walk in, give a low low price, and if they didn't like it, I'd wave bye bye! Usually they come runnin after ya If they come back with a counter offer, lower your original price to get what you want: You: "25,000" Salesman: "How about 30,000 instead?" You: "Okay, 24,500 or I'm walking." Salesman "25,000 it is." Salesmen rip you off only if you let them. If they have a car they're trying to get rid of, trust me, they'll do anything. If you don't play a pushover, you can pretty much get anything you want and walk away with a sweet ass deal.
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I love lamp. Last edited by Stompy; 07-22-2004 at 07:46 AM.. |
07-22-2004, 11:42 AM | #20 (permalink) |
Riding the Ocean Spray
Location: S.E. PA in U Sofa
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Especially years ago, I always found car salespeople to be some of the slimmyest sales types around ...in my experience all these people were men by the way. When they don't even know their product, and most seem to know very little, it's just all the more annoying especially since I've always been a motorhead and know a lot about cars.
I haven't purchased a new car since '90 and the car I bought then was in short supply with very little dealing so I got it for a tad under list, but that is what they went for then. Back then, I went to a local dealer who had a super duper reputation for straight forward sales, no b.s., fantastic service. They lived up to all of that over the almost ten years I owned that car. They still have an excellent local reputation, but I haven't had any dealing with them for well over 5yrs. A plug: it was Faulkner and they have many car dealerships around Philadelphia and I hear they are still very good. This time I did it differently just based on things I've heard over the last couple years, so I started with Internet shopping. We were shopping for either an Acura TL or TSX, both brand new only. My wife and I test drove both, I liked the TL she liked the TSX and since it would be her daily driver, we pursued the TSX deal. After a little online hunting, I got "typical market value" which is supposed to be a decent price but not necessarily the lowest. Then I went to Edmunds website and picked the car we wanted and put in my info so they can have local dealers quote me a price. Within a few hours, I had a quote from one local dealer and an encouraging reply from another but no price. I emailed back to the Internet Sales Mgr at the dealer who gave me the price that it sounded good but I needed to do more research so I can feel confident about what a good deal is when I see it. The next morning, he sent me another email and came down another couple hundred bucks. But my wife preferred to also try a dealer closer to home who was less than ten minutes away vs this one who was 20min away plus her dad had purchased a car at the more local dealer a few years ago and was satisfied. Last Saturday we went there, I told him that I got what looked like a pretty decent internet price and mentioned the name of the other dealer. After "checking with his manager" he came back and matched that price. We drove out that day in a new Acura TSX, we love the car and feel we got a decent fair price and not much hassle in the process of buying it. |
07-24-2004, 11:14 PM | #21 (permalink) |
Dumb all over...a little ugly on the side
Location: In the room where the giant fire puffer works, and the torture never stops.
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the best tip for buying a car at a dealership is NEVER, EVER, UNDER ANY CIRCUMSTANCES, finance it there.
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He's the best, of course, of all the worst. Some wrong been done, he done it first. -fz I jus' want ta thank you...falettinme...be mice elf...agin... |
07-25-2004, 10:42 AM | #22 (permalink) |
slightly impaired
Location: Down South
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My buddy recently quit a job at the local Toyota dealership. The salesmen hired for those jobs get screwed too. They are promised $X for each car they sell, then they are only paid $Y when they sell it. Basically. the salemen who remain after the first few months are the slimiest, dirtiest of the bunch who have learned that they have to Screw or be screwed.
My buddy lasted 2 1/2 months before he walked. He walked because he was told to blatantly screw over a 70-something year old lady by telling her that her trade-in had "Major problems" and if she kept it, it would cost her thousands in repair bills. There may be some good people in the car business, but there aren't many. |
07-26-2004, 09:45 AM | #23 (permalink) | |
Junkie
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My advice is to know that you have options and make sure the dealer knows it. |
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07-26-2004, 10:41 AM | #24 (permalink) |
Crazy
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Whenever a salesperson says they are going to speak to the manager, I just follow them. it makes the waits more interesting and I get a chance to put in a few more plugs about how little I am willing to pay. It usually works and I have met some interesting managers with whom I then dealt directly for future cars.
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07-27-2004, 07:41 AM | #25 (permalink) | |
I flopped the nutz...
Location: Stratford, CT
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I had my battle with a new car dealership 1.5 years ago. I hated the whole thing, and I would never go back to the dealership I bought from, just cause they were all slimey fucks. I'll try a no haggle dealership next time.
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Until the 20th century, reality was everything humans could touch, smell, see, and hear. Since the initial publication of the charted electromagnetic spectrum, humans have learned that what they can touch, smell, see, and hear is less than one millionth of reality |
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07-28-2004, 06:31 AM | #26 (permalink) |
Riding the Ocean Spray
Location: S.E. PA in U Sofa
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Banks will never EVER give you 0% financing but many car companies who want to move cars are doing that since they have financial divisions with plenty of $ and are willing to subsidize the purchase to move cars and make money on that.
Wife and I have excellent credit, but when we just purchased our new Acura TSX, Honda Finance terms were better than the best bank rate, way under 5% for 60mo. Simple: shop around. |
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car, hate, needed, reason, salesman |
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