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Camaro Price | Ordering | Tracking | Dealers Discussions Discuss pricing and ordering experiences.

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Old 01-27-2010, 11:51 AM   #1
Contemporary485
 
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When is a deal final

Curious ... signed all the papers for a finance on a 2010 2rss. Have $500 down but the remaining "up-front" money will be paid upon picking up the car tomorrow. I bought it off the showroom floor, it literally just came off the truck ... it's not a car I pre-ordered, as i mentioned it was there i asked about it, researched a bit and decided to go for it ... question, I have someone else making me offers on another car and although I'm not particularly interested, suppose this other dealer gives me magical #'s ... as long as I do not take delivery of the car I can opt out. Not that I woudl or am but I am curious.

I signed all the paperwork with the finance manager, even have the insurance cards done up ...
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Old 01-27-2010, 11:55 AM   #2
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Old 01-27-2010, 11:57 AM   #3
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if you signed papers stating your agreement for purchase; it's done... unless you didn't wave the 60 days gm return offer or your state has a cool off period...
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Old 01-27-2010, 11:59 AM   #4
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I'm in NY
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Old 01-27-2010, 12:00 PM   #5
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I think that you might forefeit the $500 deposit, but otherwise if money hasn't changed hands and you haven't taken delivery you can still opt out of the deal. I think a better way to go would be to negotiate with your current dealer if you get a better deal somewhere else to match that deal.
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Old 01-27-2010, 12:02 PM   #6
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Quote:
Originally Posted by Contemporary485 View Post
I'm in NY

wonderful thing the internet is:


http://www.google.com/search?&q=cool...eriod+new+york
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Old 01-27-2010, 12:07 PM   #7
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Originally Posted by bolteon593 View Post
if you signed papers stating your agreement for purchase; it's done... unless you didn't wave the 60 days gm return offer or your state has a cool off period...
That was in 2009, there is no 60-Day Return Policy anymore.
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Old 01-27-2010, 12:08 PM   #8
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3 business days after delivery of car.
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Old 01-27-2010, 12:12 PM   #9
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yeah i would obviously negotiate if i felt the need, i wouldnt just screw someone over.
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Old 01-27-2010, 12:12 PM   #10
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I believe every state has a consumer "regret" period, usually a few days. Since the car was in stock already that also may change things up. At worst, you would forfiet the deposit. I doubt that another dealer would be willing to drastically undercut anyone else on a new Camaro as they are all hosing everyone. I dont think it's worth the time, effort and money to go back on your current deal. Grab the keys, hop in and drive away and forget worrying if the car would have been $$$ cheaper down the road...that will always drive you crazy.
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Old 01-27-2010, 12:12 PM   #11
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Just curious. Is the other car a Camaro too?

Just askin'

Sounds like it is but...............

If so, like the previous poster said, get your guy to lower and match.
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Old 01-27-2010, 12:25 PM   #12
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Unless the contract specifically states you have a "cooling off" period then the deal is done. Read the contract carefully.

Many people believe in the myth that you have "3 days" to change your mind when buying a car. To my knowledge no state has that unless it's a real estate transaction.

http://community.lawyers.com/forums/t/20425.aspx
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Old 01-27-2010, 12:27 PM   #13
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Very good points. And thankfully I used this forum to my advantage and did research before signing, and a signature is a deal and I'm not one to go back on deals. I was curious though the ramifications. I like the "grab the keys , hop in and drive" idea alot .. that's the plan! And yes the other car is a camaro as well ...
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Old 01-27-2010, 12:31 PM   #14
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Quote:
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And yes the other car is a camaro as well ...
Cool. Enjoy it. But post up the numbers quoted you on the ohter one just for curiositys sake.
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Old 01-27-2010, 12:36 PM   #15
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I did it once. Bought the car and then got a call from another dealer on the same model car. I actually drove the car to the other dealer and compaired them side by side.

He offered me a smokin deal and told me I had 3 days to make the return. This was Louisiana...
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Old 01-27-2010, 12:39 PM   #16
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as soon as you drive it off the lot. (here in WI)


Who's making you offers? How do you know it's the best deal?

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Old 01-27-2010, 12:42 PM   #17
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Even though you signed the paperwork but as long as you don't take delivery of the vehicle, you can change your mind. You might lose the $500 dollars though. That happened to us when we bought our Camaro. The finance manager said that we would be responsible for the payments even though we didn't drive the Camaro off the lot.He was saying that to scare us but we made sure to take care of that. We ended up getting a better deal with another dealership.
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Old 01-27-2010, 12:45 PM   #18
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Here in MI you do not have three days to return a new car. That is a common misconception. I think that is some kind of law to protect people that sign contracts in their home, like window installation and things like that.

Once you drive it away it's yours, so don't do it unless you're 100% sure! Though I am not sure about NY....
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Old 01-27-2010, 01:21 PM   #19
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Quote:
Originally Posted by CamaroScotty View Post
as soon as you drive it off the lot.
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Old 01-27-2010, 01:29 PM   #20
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Good Luck Contemporary485 Fellow Long Islander here
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Old 01-27-2010, 01:47 PM   #21
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Where in LI did you guys get your Camaro's? I ordered mine in December, and I should be accepting delivery next week... Just curious where you guys went.

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Old 01-27-2010, 02:11 PM   #22
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If you have already signed the papers and they have submitted the loan, getting out will not be a "pleasent" experiance.
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Old 01-27-2010, 03:35 PM   #23
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Old 01-27-2010, 03:47 PM   #24
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One you sign the papers, and pay the dealer or finalize your financing, its done,
at least here in Indiana....You can also lose a deposit by trying to back out before that!!!
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Old 01-27-2010, 03:57 PM   #25
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After I drove mine off the lot I would not have let anyone take it away from me! They'll have to pry it from my cold dead butt!

I just got my Camaro a few days ago. Can you tell?

I would trust what Scotty says, however, all states are different. I would imagine that if you haven't driven it anywhere, you should be able to back out. Just my guess.
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