08-27-2012, 09:58 PM | #1 |
Drives: LT Join Date: Aug 2012
Location: Newport Beach
Posts: 30
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I don't know what to do...
I just bought a brand new 2013 1LT on Saturday. I went in already pre-approved from a credit union for $24,000. I had $3000 cash and they gave me $2000 for my car. They ended up financing me for $24,650 and I paid 29,650 out the door. Today, Monday, the lady from finance calls me and says that they could not match the rate I signed for and that I would need to bring in a check from my credit union. I told her that I was only approved for 24k with the credit union and she said I would need the rest in cash($650). I then explained that when making the deal, I layed all my cards out on the table to the sales man. Now she is saying that if I can't come up with the money, I have to give the car back. I thought we had a deal and now they are going back on it? I told her she is going to have to take the car back, and she told me she is going to talk to a manager. This is my first time buying a car...do these kind of things happen???
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08-27-2012, 10:03 PM | #2 |
Drives: 2016 SS Join Date: Jun 2011
Location: Newark, NY
Posts: 1,283
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My opinon (not a lawyer): You should have a copy of the signed contract that includes all the information, at least you would in NY. Check all the paperwork, it should be legally binding. Tell them you will take it to your lawyer and they can talk to him / her.
Come to think of it, you probably should just go talk to a real lawyer instead of asking on here.
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08-27-2012, 10:05 PM | #3 |
SoCal Headturners
Drives: 2010 SGM Join Date: Mar 2010
Location: Anaheim Hills, California
Posts: 5,788
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29,650 for a 1LT?
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08-27-2012, 10:06 PM | #4 |
Drives: LT Join Date: Aug 2012
Location: Newport Beach
Posts: 30
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29,650 for the base LT out the door....they told me the invoice was 27,300.
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08-27-2012, 10:08 PM | #5 |
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TAKE THE CAR BACK TO THE DEALER AND GET ALL YOUR MONEY BACK . Then go home and in a few day start over again , this dealer is a freaking a$$.
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08-27-2012, 10:08 PM | #6 |
Drives: 2016 1SS, Garnet Red Tintcoat Join Date: Apr 2011
Location: Walker, LA
Posts: 607
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Let them have it back. You can get a much better deal.
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Drives 2016 Garnet Red Camaro 1SS Auto; 1969 Le Mans Blue Camaro Convertible
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08-27-2012, 10:08 PM | #7 |
Drives: 2011 Camaro XM Appearance Package Join Date: Apr 2012
Location: College park MD
Posts: 370
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Like the post above, I am not a lawyer but i cannot see them taking the car back. I would think you could line up a deal like you made for another car, you would get another brand new car, they would get a USED car back.
If it were me, i would call their bluff.
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Very proud owner of a 2011 Camaro with the XM appearance package AND...(in order)
Personalized "KEG" License plate MRT Version 2 Axle Back Cobra XRS-9965 Radar Detector Rider Graphix XM hood spears Big Worm Vinyl for bowties Emblem pros XM Badges/Emblems Airaid Cold Air Intake NEXT UP: Interior LED conversion/footwell lights ON DECK: Engine Cover |
08-27-2012, 10:09 PM | #8 |
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08-27-2012, 10:09 PM | #9 |
Drives: Camaro 2011 RS Convertible Join Date: Feb 2012
Location: Spring, Tx
Posts: 145
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+1 Tell them to kiss your grits and get your money back. That's kinda shady.
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08-27-2012, 10:09 PM | #10 |
Drives: 2010 Camaro 2SS/RS SIM Join Date: Jul 2012
Location: Oklahoma
Posts: 218
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Thats more then I paid for my 2010 2SS/RS with 13,500 miles. I think this dealer has lost it. To the Op, hope you get this worked out in your favor.
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08-27-2012, 10:10 PM | #11 |
Account Suspended
Drives: Eve - 2011 Camaro 2SS/RS Join Date: Apr 2012
Location: Fairfield, OH
Posts: 11,815
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Woah...you payed wayyyy to much. Give them the car back like...right now.
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08-27-2012, 10:12 PM | #12 |
Drives: 2012 Ashen Grey Metallic 2LT/RS Join Date: Mar 2012
Location: Brighton, Colorado
Posts: 57
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Is the 29,650 with all your finance changes?
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08-27-2012, 10:12 PM | #13 |
BeckyD Rocks :-)
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I would look into seeing if the credit union could finance the remaining balance onto the loan, and if not, then the dealership will have to take the car back (use this as leverage) and then tell them you want your deposit and your trade-in back. They might give you some wiggle room since they are at the end of the month and trying to reach quotas. If this doesn't happen, don't get down, this will provide you another opportunity to find another car for a lower price. Good luck.
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2015 CRT 1SS/1LE RS/Recaro's/NPP/Nav/Rear vision pkg./BA speaker upgrade. Stage 3 BMR cam, ARH 1 7/8 headers, CAI,
BMR 1.25 drop springs, JPSS Billet Bushings, Peddars Cradle Bushings...460 whp...so far....SOLD, but not forgotten! |
08-27-2012, 10:13 PM | #14 |
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Go back there , but this time take with you someone that you know that's more than 6'6'' and over 280 LB , they will get the BODY language the moment you turn the blinker .
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