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That's because their deal was hedging on the additional commission they'd gain from financing. It's rather screwy. Whenever I trade in a car I always negotiate
by ganoushoreilly 9y ago
That's because their deal was hedging on the additional commission they'd gain from financing. It's rather screwy. Whenever I trade in a car I always negotiate price on the car alone first, then get a trade appraisal (usually have one in hand from Carmax prior) and if they start playing games I walk out. Past two cars, I walked out and got a call within an hour saying come back we'll do the deal.
- wingspar 9y agoI did similar with our last Honda. Came to the end and I asked if they would want me to sign an arbitration agreement. Told them I would, but not for free. A lot of people died for my right to sue them in court. I asked for and received an accessory they sell for $180... They were confused...
- dwyerm 9y agoThank you for that... but I think you sold your rights too cheaply. I walked away for the right to cross out the entire arbitration clause. They were mystified that I would even read the stuff on the back of the contract, let alone have a concern with it. They were offering me thousands of dollars off, but wouldn't budge on the clause. I went to another dealer the next week that hadn't yet added that toxic language to their contracts. I just consider myself fortunate that I still had the option of going with another dealer. I don't think it is possible to find a bank, phone, or internet provider without an MBA clause.
- viridian 9y agoCredit unions on the other hand, you'd have a much better time with.