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The UK is heading this way too, and I hate it. If you show up with cash to buy a car, you're looked at like you're crazy. They push, and push to get you to tak
by maxehmookau 3y ago
The UK is heading this way too, and I hate it.
If you show up with cash to buy a car, you're looked at like you're crazy. They push, and push to get you to take out a loan.
It no longer puts you in a better negotiating position to be a cash buyer, as they're making more money selling you finance than selling the car.
For all of Tesla's failings, car dealerships will die out. Millennials and Gen Z _hate_ being sold to and will do anything they can to remove salespeople from the process; even if it means paying more in the end.
- djaychela 3y agoCan't speak other than personally, but my step son falls into this category and doesn't hate being sold to. He and his partner have both bought a number of cars from dealerships. And he's not got that from me or his mum, we're both quite the opposite.
- maxehmookau 3y agoMaybe a cultural thing? Are you British? I don't know anyone under 40 who enjoys the process of going to a car dealership and doing the awkward dance of trying not to get ripped off. Hey, if he doesn't hate it, and gets a good deal then good for him. I just can't believe that his feeling is commonplace.
- hef19898 3y agoNot every sales person is trying to rip you off so. That's not what sales is, despite some actually doing it. Most sales people so, are just doing their job in acquiring customers for their business. Edit: Cars need service and maintenance. Dealerships can, and in Europe do with the exception of used car dealerships, provide these services as well. And that is something Tesla is really bad at.
- resolutebat 3y agoTeslas (like all EVs) need a lot less service than the average ICE, and when you do need it, you can order Tesla's mobile service to come to your house and complete most servicing right then and there. Most Tesla service horror stories I've heard about involve major accidents requiring repairs with long waits/high prices for parts, but you get a loaner to tide you over and any decent insurance handles the bill.
- hef19898 3y agoEvery car needs service, repairs, part replacement. Everything physical cannot be done OTA. And Tesla sucks at that, no question about that. And if memory serves well, the Tesla practice of providong loaner vehicles spread to almost every other garage and brand, already 30 years ago.
- mdavid626 3y agoWell, if you live in the US, then this is true. In Europe or somewhere else, I'm not so sure.
- maxehmookau 3y agoOk, "ripped off" might be an unfair description. They are using manipulative techniques to extract as much profit from dealing with me as possible. I understand that it's their job. But as a consumer, I _hate_ it and therefore would consider spending more money to avoid the uncomfortable feeling dealing with a car dealership gives me. That's the value for me and I'm certainly not alone in that.
- hef19898 3y agoYou are aware, that if someone manages to get you pay more by not having to deal with a sales person, it is them who are rippong ypu off? Quite literally at that.
- maxehmookau 3y agoI understand your point but I disagree. They're providing me with, in my eyes, a premium product. "Come buy a car without the dance. Here's the price. Give us money, I'll give you a car. No strings." I'll pay extra for that. I'll never win against an experienced salesperson, so why bother even trying?
- hef19898 3y agoOpinions differ. But then paying a premium means paying a higher price than just accepting whatever a sales person asks for initially... To me, that is kind of stupid. But the I never got the German obsession with panel gaps neither, so make of that whatever you will.
- dod9er 3y ago> ...who enjoys the process of going to a car dealership and doing the awkward dance of trying not to get ripped off. This. The point is, once you are old enough and have heared enough success-stories of extroverts going full "Grand Bazaar"-Style... you are just frustrated if you know that you are going to loose against all these dark-patterns. There´s a reason why they can buy italian soccer-teams without really "producing" anything. I´ll gladly throw my money on anyone who is going to take these dealerships out of the algorithm. I know that just someone else will get rich... but hey, Tesla might at least use this money e.g. for product-development etc..
- firstbabylonian 3y agoClean, sensible, introverted living is overrated. There's something deeply human in the whole 'awkward dance'. Not everyone is born a great dancer, but this doesn't mean that dancing is a stupid and pointless activity. People have been trading with one another (and often tricking or getting tricked in the process) for millennia. The 'Grand Bazaar' you evoke stands for something timeless — a promise of wealth earned with wit. In a twisted way, our American love for capitalism and these sleazy dealerships are chasing the same ancient dream. May as well be a part of it.
- RugnirViking 3y ago> tricking or getting tricked in the process I live in a world where I do not have to trick or be tricked by other people. I surround myself with people whom I can actually trust to have my interests at heart, and I try to look out for their interests as well. This is not just the case for my friends, but has been in my communities, across multiple countries. I can happily go to the market and buy whatever at a listed price, confident that the market stall owner is pricing it at enough to make a comfortable living and no more. I can be confident that if my purchase is flawed, I can say, and be trusted with a refund easily. This, to me, is a deeply human system. The idea that deceit and cheating are features of life just doesn't bear out for me. There are people that do that, and when I encounter them, I do whatever I can to make sure I never encounter them again. Unfortunately, the consolidation of large businesses makes it more and more common. I avoid those where I can also.
- sys_64738 3y ago> Maybe a cultural thing? Are you British Yes British but love going to car dealerships and haggling. I miss the old days as buying cars is now straightforward over the internet.
- hef19898 3y agoDealership and sales people or not, you are still being sold to, aren't you? But yes, if you can extract more money from your customers by removing sales people, and the option to negiotiate, from the process more companies will do that.
- ldite 3y agoAnecdotally I've heard of people getting discounts from the dealer by buying on finance, then asserting the right to cancel within 14 days* and paying cash instead. AIUI the dealer doesn't have to accept the cash, and could take the car back, but then they lose the sale, so they generally just suck it up. (* https://www.carmoola.co.uk/blog/cooling-off-period-car-finance https://www.carmoola.co.uk/blog/cooling-off-period-car-finan...)
- HeyLaughingBoy 3y agoThat wouldn't fly in the US, at least not with actual cash, i.e., bills. Notes are legal tender and can't be refused if you're paying off a debt with them. And I don't think early loan payoffs are legal anymore, so you could take out a loan one day and then just pay it off completely the next.
- G3rn0ti 3y ago> The UK is heading this way too, and I hate it. > If you show up with cash to buy a car, you're looked at like you're crazy. They > push, and push to get you to take out a loan. With used car dealers in Germany it's a common thing to pay in cash. At least the down payment is usually in cash. However, having payed for my used car in cash, it still makes me nervous thinking of me taking a bus to the dealership with €11k in my backpack. And prior I had to tell my Bank in advance to order enough cash for me on that day. Even if I had used my debit card, I would have needed to tell my Bank to increase the withdrawing limit. And I think with latest EU regulations cash transactions are limited to 10k nowadays. So all in all I think it is becoming more and more inconvenient paying in cash these days even in a cash driven country like Germany. Unless either customer to dealership bank transactions become a thing, or checks return in digital form or Bitcoin's taking off I would not even know how to pay for my next car in the future. Perhaps I should get myself a Tesla and a pile of debt after all. ;)
- interactivecode 3y agoyou can just use your debit card, the only thing you need to do is raise your limit in advance. no need to carry that much cash around.
- deleted 3y ago[deleted]
- maxehmookau 3y agoI wasn't specific enough, sorry. By "cash" I meant "not finance". It's very unusual to turn up to a car dealership in the UK with a suitcase full of £20 notes (and would probably ring alarm bells for money laundering). Usually dealerships insist on a bank transfer. Although, pro tip, if you can agree to paying a deposit with a credit card then the entire car purchase should be covered under Section 75 protection if the car is not sold as advertised.
- rusticpenn 3y agoI have just used a bank transfer in Germany, it has always worked.