[Finance] Feel Ripped off

[Glepor]

Congrats Kojak, must be a huge weight off your mind. A lollipop to celebrate perhaps? Who loves ya baby.

[HappyMan]

Sounds like a good result Kojak, really glad for you. Now go and enjoy your car

[allan40alt]

Hey, nice result.

I wonder whether your dealer happened to glance at some of the Civinfo advice you have received?

Great result. Enjoy.

[SluffGuy]

Great result and means you can do what you really WANT to do now - enjoy the car !

[simon1]

Congrats - I've been following this thread with interest but had nothing more to add than what was already there. But now I would just say that you should - right now - print off this whole thread and also make a written 'diary entry' to list everything that was said, by whom, when, etc so that if there's a 'problem' next week you have written it all down. Believe it or not this would be strong evidence for you if it ever got out of hand.

I would also write a letter (not email) to the dealership outlining everything they told you will happen so that there is no misunderstanding.

It pays to be careful and as has already been said, the dealer is NOT on your side.

[Unknownsoldier]

I agree, many of my recordings with the dealer are recorded. And it is so helpful to refresh their memories (especially when I was told, oh sorry he's left us, and there is no record of you on our system..... Oh I'll just email the conversation we had last month to you, I'm sure that will outline most of what needs to be done......Oh I've just found you....Surprise!). LOL

Tom

[Unknownsoldier]

Originally Posted by simon1

It pays to be careful and as has already been said, the dealer is NOT on your side.

Cue Dan

Tom

[cnicolini]

I did get Honda finance out on my car and you always get screwed one way or another. I initially refused their loan as the interest rate was way too high. Then after haggling I managed to get a good rate, they will change the rate if you tell them that you'll go elsewhere. You still get stitched up with the fee.

I have now paid it off early within 6 months but it still cost me £600 which includes fees and interest. You must read the small print, as I can recall something about breaking the agreement will cost you thousands.

Cant you get another loan and pay this one off straight away without paying the interest, you will of course loose the fees?

You must of signed something with the rate on, I received a draft copy from the dealer at the time I signed for it?

[mrh339]

Well done. Just shows how excited you can get when you are in the car showroom drooling over your next wheels!!

[NH Dan]

Quote:
Originally Posted by simon1
It pays to be careful and as has already been said, the dealer is NOT on your side.

Cue Dan

Tom

Cue drum roll......

You are dead right. I am a salesman and as such paid to earn not only myself but my dealership money. As far as i'm aware, that last time I looked we weren't a registered charity.

HOWEVER,

The industry has suffered for long enough with the image of shifty salesmen and couldn't give a toss staff and it has certainly got a hell of a lot better in the ten years or so i've been in it.

There are right ways to do the job too and I have always followed the rule to treat the customer how I would expect to be treated if it were me walking in the door. I have been fortunate to make a fair few friends and aquaintances through my job over the years and would like to think that its through the way I have dealt with people. I have a fair few 'repeat' customers despite changing brands during those years so I must have done something right somewhere.

Yeah great, make a killing out of one customer and never see em again. Hows about, do a good job, yes, make a FAIR profit and with any luck, see that customer again when they want to change, see their kids,family, colleagues and mates when they want to change because they feel comfortable that I have done the job well and given them the deal they are happy with.???

What is the likelihood of Kojak referring ANYONE to the dealership that he's got his car from?? no matter how great the car is.

The sheer fact that the dealership in concern has caved in so quickly shows that they know they are in the wrong massively and wouldnt have a leg to stand on if it went further.

Note to Pottsy - Hows about pinning this on one of the boards for future reference???

[NH Dan]

And by the way - Well done and congrats to Kojak for getting it sorted. Hope you enjoy the car....

[allan40alt]

Look after a customer and he will return; argue with him? You may win the arguement, but you'll lose the customer forever!

[Moose]

Moral of the story, never trust a Blonde with Big tits, and always read the small print

[NH Dan]

c'mon, read the what??

[Unknownsoldier]

.....Bit the dealer is trying to hide from you

Tom

[NH Dan]

Originally Posted by Unknownsoldier

.....Bit the dealer is trying to hide from you

Tom

oh yeah, you mean the bit under my hand, just covered by the brochure??

...and for those who need it, here is the sarcasm smilie -

[parkers142]

Well done kojak, great result.

[gjackson]

As it's PCP don't forget to check they have given you the mileage allowance you were expecting.

[kojakxx]

Checklist for Wednesday 7th May (No particular order, to be edited with additions)
1. Check mileage allowance (thanks gjackson)
2. Check APR !!
3. Check smallprint (thanks Moose)
4. Make sure I been given a physical copy of the agreement. (thanks Darren)
5. Ask, what fee do I incur if I pay the loan back early? (thanks cnicolini)
6. Check total amount payable.
7. Check GFV amount.
8. Check mention of cancelling in the 'small print' in the contract (thanks allan40alt).
9. Check date and amount of first payment due.
10. Make a note of the details given over the phone and ensure they match. (thanks simon1)
11....

[NEEMSTAR]

checklist for wednesday 7th may

enjoy the car