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re: Car Dealerships are Scum (Edited with Dealership)
Posted on 3/13/24 at 3:45 am to USAFTiger42
Posted on 3/13/24 at 3:45 am to USAFTiger42
Stories like the OP’s are exactly why the CEO of Ford is seriously suggesting that the market move away from the dealership model. Say what you want about Tesla’s manufacturing quality and delivery delays, but you don’t hear stories like this about them.
I had an employee on my team from work who recently got majorly hosed - the dealership convinced him to sign a deal on a used truck with over 100k miles at over 11% for 72 months. They told him he could refinance soon and get that rate down. He’s a young guy, mid-20s I guess, and only had his mother to help him negotiate.![](https://images.tigerdroppings.com/Images/icons/casty.gif)
I had an employee on my team from work who recently got majorly hosed - the dealership convinced him to sign a deal on a used truck with over 100k miles at over 11% for 72 months. They told him he could refinance soon and get that rate down. He’s a young guy, mid-20s I guess, and only had his mother to help him negotiate.
![](https://images.tigerdroppings.com/Images/icons/casty.gif)
Posted on 3/13/24 at 7:14 am to SlapahoeTribe
That situation sounds like a situation that is very common for young enlisted guys.
Posted on 3/13/24 at 8:43 pm to SlapahoeTribe
quote:talking out the side of his mouth. The big 3 LOVE the dealer network. Huge profit center for them. They can floor plan to them, make them take shite dogs to get hott models, sell them dealership upgrades and tools. They insulate them from the customers with shite credit that they can charge 20%. Once a dealer takes a car, the manufacturer can mark it as a sold unit and the dealer carries the inventory. We think of ourselves as asute buyers but many many cars are sold in a very short shopping window and often through service when people cant afford a big repair bill. Walk on over to the new car side and roll that equity back in.
Stories like the OP’s are exactly why the CEO of Ford is seriously suggesting that the market move away from the dealership model. Say what you want about Tesla’s manufacturing quality and delivery delays, but you don’t hear stories like this about them.
This post was edited on 3/13/24 at 8:46 pm
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