bad deals at dealerships? or just me?

[Godfather]

It's still you........

[Suze]

Originally Posted by forestacademy

This should be interesting

pass the popcorn, Forest.

[jediknight36]

Originally Posted by SunDiego

Smart Center San Diego sold 35 cars last month...

Round Rock sold over 300 in December, Dallas sold 60...

[jediknight36]

I didnt have a problem with interest rate with a decent down and a good relationship with a credit union AND bad credit.

Have YOU had any issues? Dont complain about issues you haven't had yet.

Suze, got any popcorn left?

[forestacademy]

Enough for everyone. But if we hit 50 posts Ill need to get more

[Periclaws]

"Suze, got any popcorn left?"
forestacademy answers"Enough for everyone. But if we hit 50 posts Ill need to get more"

Hmmm DOh got it ;)

[forestacademy]

I found this in a Thread about smart finance from the OP

Originally Posted by welperd

I'm so glad I found these postings. I was in the Dealership this weekend to configure my Cabrio. As it turned out, they had the exact car on the lot that I had just configured. So I thought I might as well just persue that one as opposed to waiting for the configured car to arrive.
This was a saturday and they told me that I would have to wait until Monday to get the credit application and trade-in information for my 2004 BMW 325. In the meantime, the sales person placed one call and told me that they would probably only be able to offer me 8,000 LESS than what I owe for my BMW.
SO needless to say, I will not be buying the Smart (this weekend at least). I have no idea what they would offer me for an interest rate through Smart, but I gotta believe that the deal would just not make sense.
A big reason for me to even reserve a Smart was that I just don't need a car much at all, so was looking for a lower payment, etc.

Has anyone else had a hard time justifying the monthly cost of a Smart.? additionally, NONE of the regular maintenance is covered by the warranty. the warranty that only lasts 2 years.

I left the dealer with an uneasy feeling. and I wanted this to be a fun experience.

Please advise. THANKS!

- Into the dealership to Config hu? We just did it online. No presure and you get to take your time figuring it out.

- Saturdays are the worst time to get attention from a car dealer. If you want their attention go on a quiet day.

- So you are upside down on your loan with your BMW. How is that smarts fault. Why should they eat the difference. If you don't like an offer just don't take it. Try to find someone else to buy your car. These smart dealers are not in the buisness of "used" cars. They can only give you what they can get quicly offloading it at auction.

-You should never go into a dealership without a loan lined up. I went to my bank and got their current rate. smart told me they were sure they could match it. When they called me to tell me congrats I had the loan from them I asked whats the rate. It was higher than my bank so I said no thanks, their finance gal went back to work and they came in with one 1 point lower than my bank. Rates are negotiable, if you have some clout.

- If you don't like the dealer, then go across the river and get an Orphan, but only if you realy feel like this is the car for you. But I would get out from under that BMW first if I were you.

[Godfather]

It's still him (or her).

[kwajman]

Philly booed Santa Claus and hates puppies.......

[bigcritter]

Originally Posted by forestacademy

[COLOR=darkorchid]- So you are upside down on your loan with your BMW. How is that smarts fault. Why should they eat the difference.

Exactly right! Dealers are pretty much limited to giving (maximum) wholesale on a used vehicle in order to allow a profit margin for the sale of the vehicle. $8000 less than what's owed on the vehicle? SERIOUSLY upside-down! Even when dealers SAY they're giving you more for your car than wholesale value..... they're NOT! They're just taking some of the built-in, inflated profit margin off the MSRP to make it LOOK like you're getting the deal-of-a-lifetime! However, they can ONLY do that on a vehicle that has enough of a "profit margin" built in to the vehicle being bought. It's ALL smoke-&-mirrors, really!! :>)
So if you walk onto the lot and pay the sticker price (MSRP+++) for a brand new BMW...............and THEN have it financed for 5 or 6 years............. well, as you drive away the blood will be rushing to your head, because you are going to be seriously UPSIDE-DOWN!!! :>) HOWEVER, once you get home, please give ME a call, because I've got some things that I'd like to sell you! Good deals!!! ;>) Any popcorn left Suze.....Forest??? :>)