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Discussion Starter · #1 ·
So I will give you guys the short version so I dont bore anyone. I ordered a stingray z51 about 2 months ago and the car arrived today..... I was planning on trading in my car that is paid off and put that down and finance the rest..... The car is a 2010 Maxima SV Sport package with the works navigation you name it. It books on NADA for 23k Retail and Clean trade in on it is 19,800 but the dealer low balled to an extreme lvl and offered only 14k for it.... It only has 35,000 miles for crying out loud.

i told them to pound sand and that I would be back in a couple of days after I sold my car to Carmax because they had already offered me more for it but i wanted the tax savings so i decided to see what the dealer would offer me.... Now they are threating me with selling the car from under me if i dont take there offer or come and buy it tomorrow. I put a deposit down and it was my order but can they really sell it without giving me a chance to get my finances together?? I am going crazy and what kills me the most is I saw it and felll in love with it and im almost dumb enough to take there ridiculous offer.... Somone chime in with some words of wisdom before i do something stupid!
 

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Don't be afraid to name names AKA what shotty dealership are you dealing with? Sorry to hear about your troubles. I'm not sure if the dealer can sell your car so quickly since you have a deposit down. I think they have to give you a certain amount of time before they can do that. I'm sure someone will chime in with a more definitive answer though.
 

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Sell your car at Carmax. Go in and talk to the sales manager. If they've sold the car you ordered, get your deposit back and go talk to one of the big Corvette dealers to get your car.
 

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Did the original sales agreement with the dealer include trading your car at a specified price? If not, I don't see where they have any ground to stand on, especially since you ordered it and put money down. "You obviously don't want my service business or future sales. I have never been treated so poorly by a salesman!" If that doesn't work, I might get a little loud in front of some other customers, demanding to speak with the sales manager or owner if they gave me one more speck of a hard time( but I am not saying you have to or should). You could also keep your phone on video record and let them know that you will be posting this for all of Texas to see on YouTube. They need to man up and apologize, and I would tell them that too....but you have to do what you think is right. Don't let them manipulate you via emotion. Turn the tables and shame the crap out of them.


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If your "purchase and sales" agreement did not include your car as a trade-in you should be okay. Sounds like they are trying to strong arm you into taking a very low offer on your car. If they do sell the car out from under you be sure and get your full deposit back and then get on the phone with GM and complain. Post your story on as many Corvette sites you can find and be sure and name the dealer. As mentioned above, shame these dirt bags. It's really sad to find there are still bad dealers out there. There was a time when a simple hand shake was enough to make a deal with an honest dealer. The paperwork was secondary. Good luck with your purchase.
 

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Does your deposit agreement with them state how long they must hold the car for you after they receive it at the dealership? Check your signed agreement. If they violate it, contact your BBB. Unfortunately, if you did not pay attention to this upfront, your signed agreement might be very ugly for you...
 

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I had an extra car alreadyso I sold the dealer my audi s5, as I knew the owner and they gave me a good price for it since they already had an Audi dealership. The most important thing is that they gave me the money for the s5 while I waited for the vette. It showed both our commitments.
 

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The dealership can not sell your car until you sign the bill off sale. It all comes down to what agreement you signed with the dealer. Usually you are not locked in until the final trans action is completed.


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Sell your car at Carmax. Go in and talk to the sales manager. If they've sold the car you ordered, get your deposit back and go talk to one of the big Corvette dealers to get your car.
This looks like the best advice here. I'm certainly not one to defend dealers but it doesn't seem to me they have done anything untoward. So they low balled your trade in. Thats sometimes part of the process. Would it have been better or worse if they had just told you they don't want to accept a trade-in, which is about what they said when they low balled you. You decided to go forward with the purchase without securing a trade-in deal. Thats not their fault. Plus you had two months to make other arrangements. What are they supposed to do? Wait till you decide what is a good offer from a third party? That could take a considerable amount of time. In the meantime they are financing a large asset on their hands that apparently many folks here think they should just swallow while you sort yourself out. If I was them I would mail you your deposit, advise that the contract is no longer valid because of your failure to "specifically perform" on the contract and express some regret that the deal did not work out. They certainly don't seem like "down right crooks" to me based on what you have described.
 

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Discussion Starter · #16 ·
well boomer im guessing you are probably a car salesmen. The facts are this..... I came with them with a check for the remainder of the balance that actually had a little extra in there because i was sure they were going to low ball me a little but not 6k worth. Second I left telling them I would be back the next day to buy the car with the entire amount and was going to let carmax have my trade since they didn't value my vehicle but they tried there scare tactics and told me that I HAD TO Take there deal..... you don't think that is crooked????

Then you are one of those crooks im guessing because any respectful dealer with any kind of awareness of customer loyalty and repeat business would of told me , you know what we just cant give you what you want, take a day or two and do what you have to and then come back and see us. We will keep the car here for you..... I mean excuse me if im asking them to keep a car they just got off the truck for an extra 2 days. Anyways I think there doing it on purpose to be honest because i made the mistake of having my credit union fax over the check to them with the full amount and im sure they are wanting to get that full amount because it just so happens that after tax title and tag i am about 200 dollars under what my check is for even though i didnt plan on spending about 4k on that but took it out just to be sure.....
 

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This looks like the best advice here. I'm certainly not one to defend dealers but it doesn't seem to me they have done anything untoward. So they low balled your trade in. Thats sometimes part of the process. Would it have been better or worse if they had just told you they don't want to accept a trade-in, which is about what they said when they low balled you. You decided to go forward with the purchase without securing a trade-in deal. Thats not their fault. Plus you had two months to make other arrangements. What are they supposed to do? Wait till you decide what is a good offer from a third party? That could take a considerable amount of time. In the meantime they are financing a large asset on their hands that apparently many folks here think they should just swallow while you sort yourself out. If I was them I would mail you your deposit, advise that the contract is no longer valid because of your failure to "specifically perform" on the contract and express some regret that the deal did not work out. They certainly don't seem like "down right crooks" to me based on what you have described.
While I agree with most everything you said, just to be clear, they aren't financing anything YET. The car has been there 2 days, they have at least 28 more days (possibly more, depending on their floor plan agreement) before an interest payment comes due so waiting a week for the buyer to get their finances in order is absolutely not too much to ask. Their "tactics" are standard car dealer BS, "Close the deal" that's the mantra they all live by. If I had a dollar for every time a closer told someone "this deal is only good today" I wouldn't have to finance my C7.

What's surprising is they won't match the carmax offer. They obviously do not want that car in their lot for whatever reason. Some dealerships are like that, they don't want competitive brands on the used lot.

The other possibility is they want the C7 more than you do! They may think they can jack up the price with an add sticker and make more money selling it to a walk in than to you. If that's the case they they rise to the top of the sleazeball category.......
 

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No not a salesman or in any way affiliated with the car business. Except I just picked up my new C7 last Friday and am enjoying it. I find it a little difficult to believe the dealer said you "HAD TO Take" their trade-in offer or they wouldn't sell you the C7. You have no trade-in agreement with them.

Good luck and keep us posted on how you make out.
 
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