Looks like you need to transfer that deposit over to one of our supporting vendors here. I would never buy my vette from a local dealer here. Most are not sure what one looks like. I bought my 2001 Z06 from Kerbeck before any of my local dealers knew their allocation or any pricing. The interaction was a little less formal and I never met the person that sold me the car. I did museum delivery so i could have cared less who sold it to me. I got mine in Nov of 2000 for 100 under MSRP. For the price you are paying for that car, it is work the travel to go get it from a good dealer that will give a fair price.
Hey Phil, I took delivery of mine locally in Aug. of 2000 for msrp. I wouldn't deal out of state to save $100. Just funnin which ya.
I leased my 02 from Hawthorne chevy. A few months before my lease was up I went to both Hawthorne and paramus. They both said if I ordered the next run wich would be available end of summer it would be list price. Last month when my lease was up I went back to both. They said a deposit would put me on a waiting list but price would be determined later. The guy at Hawthorne told me they just sold 2 for 20k over list so they werent going to lock in at a price now. I guess as long as poeple are willing to spend over list dealers will make what they can. Do you blame them? I dont. I work in sales, if someone is willing to give me 30% over what my product is worth I think it would be hard not to take it........if legally possible.
No honor among thieves. Call it what you want. A mans word is priceless and in this case they may be losing money with all this negative advertising. At least I hope they are. This isand you can put any spin on it you want to.
I dont think they are loosing money because so many dealerships are still selling them over list. My main point is people are still willing to pay 5- 20k and sometimes more. dealers are not going to turn it down. I agree, it sucks. I couldnt afford to spend 90k. I also agree that their behavior was questionable. I dont think to many dealerships, especially those that are getting 5 or less, are going to turn down 20k. I think people get pissed at the dealerships for trying to maximize there profit and sell over list, and Im not saying what happened to this gentleman was fair, but on the other hand do you get angry at the buyers who are spending all this money as well. Because without them the dealerships couldnt get a premium. What are your thoughts?
I dont think they are loosing money because so many dealerships are still selling them over list. My main point is people are still willing to pay 5- 20k and sometimes more. dealers are not going to turn it down. I agree, it sucks. I couldnt afford to spend 90k. I also agree that their behavior was questionable. I dont think to many dealerships, especially those that are getting 5 or less, are going to turn down 20k. I think people get pissed at the dealerships for trying to maximize there profit and sell over list, and Im not saying what happened to this gentleman was fair, but on the other hand do you get angry at the buyers who are spending all this money as well. Because without them the dealerships couldnt get a premium. What are your thoughts?
I guess what I take away from this is that the dealer couldn’t set a price because pricing wasn’t available at the time this gentlemen put down his deposit. I think the implication was to sale the car at MSRP when the dealer found out what that figure was. At this point to turn around and try to get more than MSRP is wrong. If the sales manager signed up to the deal as stated above then he/the dealership should stand behind the deal. That’s where the honor part comes in. I don’t care what the reason was or excuse they used to try and jack up the price on this guy it’s still wrong. Yes it’s been done before and yes it will be done again, it’s still wrong. I'll shut the window now, I'm done venting.
I'm pissed because the same thing happened to me some years back. They took my confirmed order when they couldn't get a "for stock" ordered unit. Then they tried to jack me up when the thing came in. They couldn't sale the thing for a whole model year and called me at the end of the year and asked me if I still wanted it. I told them post haste where they could stick it. In fact the guy hung up on me. One of the highlights of my car buying life you might say. I have never bought that brand of car or truck again. No I don't hold a grudge. Well maybe.
The key word is "subject to pricing" . Unless the dealer had written in the contract sale at MSRP, I think the contract is open to what ever price the dealer wants to apply. However, since pricing was not available at the time you submitted the down payment, I don't understand how the dealer could write a contract.
When I ordered mine, I sent the deposit in with a letter of agreement as to the price, MSRP, plus applical state taxes and license fees. The actual contract was not drawn until the car was off the assembly line and a delivery date was established.
It's easy to write a sales contract without an actual dollar amount. All a dealer has to do is write in the price line; "MSRP". Or $xxxx.xx +/- MSRP. Then just plug in the values once actual prices known. Anything else is useless such as "TBD", or "SUBJECT TO". Means squat.
I was just offered 20K over for mine, it has 4 miles on it! It's not for sale.
You should have taken it....I have been in contact (many times) with Koons Chevy. They have been selling (and have then in stock) at 10K above msrp. Now in Jan and Feb at the end of the months they have called me with 'exciting news' that for the end of month specials they are selling at 7500 above msrp. In Jan they had a blue and yellow. Feb they had a yellow and silver...both times I said no thanks and to call me when we start at msrp.
Doesn't this remind anyone other then me about the 2001 release of the c5 Z? My recollection was a feeding frenzy (mainly supported by old money and greedy dealers) with the occassional 'find' at msrp.
And ...if I may without stepping on those toes that have already purchased a c6 Z, lets not forget that the very next year (2002) saw an increase HP rating and....for some...no oil usage issues...and even the creature comfort of HUD.
I remember in Aug 2002 I walked into a local dealer who just got a 2003 Z in and he was asking 7k above msrp (if I remember it was for the 50th badges put on the 2003).....And if I remember corectly before the end of the 2003 year and into the 2004 series we were seeing mucho discounts well below msrp. (PS I bought that z that started out at 7k above msrp for 1700 below msrp in October 2002...and in hindsight STILL payed too much)
I want one (a c6Z) ..but I will wait for the feeding frenzy to die down and....as history has proven....will probably get a better vet for the wait
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First of all let me say, in my opinion, that dealer is a scum bag if he actually told you MRSP. However, your wording may be alright. It said subject to pricing, which could be determined to be from the manuf. not the dealer. To me a dealer "add on" is just that or a "fee". I would have an attorney write up a letter for you on his letterhead threatening them. The cost of the letter shouldn't be more than $200-300. Don't forget, a verbal contract is also binding, ask Daryl Hannah. I have seen many impossible things happen with just a letter from an attorney. They seem to be a real attention getter. Look at it from their perspective. If you were to really sue them, they probably couldn't sell the car until it was settled and the cost might eat up the juicy little profit they were anticipating. Good luck...
you should have gotten msrp written on contract. not "subject to " pricing..
my dealer told me he had 2 coming in.. and in could have one for msrp.
i dont think they thought the car mags' would review them so great and the demand would be soooo high..
i hate them too.. but ..
if your house appraised for 44k more than you thought .. you would try to milk the market for all you could..
not standing up for them.. i hate the bastards..
just be patient..
get your money back. and let them know you will buy from a "reputable" dealer that will not lie to you in the future.
good luck
patiently waiting.. tap .. tap...tap...tap...
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I always have it in writing how much above invoice when I make a contract with a dealer. That way whatever options I order dosen't matter.........the dealer gets xxx amount over invoice. Some people pay so much below MSRP I like going the other way.
I can get the dealer to deliver the car easily. This can be enforced at the General Motors Company level. Contact me off-line and I'll give you the contacts to complete the deal and force the dealer to complete.
The key is that you did leave a deposit and the selling price or mention of MSRP is on the contract you signed.
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Just funnin which ya.
and you can put any spin on it you want to.
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