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re: Currently in the market to buy a vehicle and man does it suck

Posted on 6/7/22 at 10:38 pm to
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16419 posts
Posted on 6/7/22 at 10:38 pm to
quote:

Sounds like they were trying to stick with UVP (Ultimate Vehicle Protection). This is certainly not a mandatory cost and is a typical add at any dealer. Good for you for walking out. It definitely is not mandatory anywhere.


I believe you are right. That acronym sounds familiar.
Posted by DiamondDog
Louisiana
Member since Nov 2019
13243 posts
Posted on 6/7/22 at 10:41 pm to
Anyway, about your situation...don't buy right now. I'd buy something cheap as a stop gap for the time being. Don't get FOMO. It'll take 18 months, but things will stabalize.
This post was edited on 6/7/22 at 11:46 pm
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/7/22 at 10:53 pm to
I keep seeing some dudes pinstriping on tik tok and curious how much they think that’s worth to a vehicle that’s been sitting at their dealership.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16419 posts
Posted on 6/7/22 at 11:06 pm to
quote:

Will Cover



I believe your in the industry as well. Any suggestions you have to negotiate those fees out of the deal?
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40222 posts
Posted on 6/7/22 at 11:44 pm to
quote:

I believe your in the industry as well.


Incorrect.

quote:

Any suggestions you have to negotiate those fees out of the deal?


Currently, if shopping for a new vehicle, you're going to be hard-pressed to find many dealers who are wanting/willing to negotiate. For instance, if you are looking at a more premium brand, i.e. BMW, Audi, Cadillac, Lexus, Infiniti, Acura, etc., you will be disappointed. But if you're looking for a more everyday brand, i.e. Dodge, Ram, Chevy, Ford, Mazda, Honda, Toyota, and Nissan --- you may have better luck. Why? More of these dealerships than the premium ones --- and usually more inventory.

But like I said previously, many dealerships won't negotiate because they are low on inventory and they have to find a way to make up the difference. They aren't able to sell on volume. They simply don't have the product. People are still buying vehicles --- and this new type of selling might be the way for the foreseeable future.

The only bright spot to all of this is that your current vehicle has more than likely gone up in value. I'd focus more on what you think you can get for your current vehicle --- and then work your way back into a new vehicle sale. It's quite the opposite of what normally works (previously I had said to never let the dealership know you might have a trade until you get the price of the new vehicle agreed upon) but getting the most for your current vehicle on trade is probably the better angle here to play.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/7/22 at 11:45 pm to
quote:

There are states where this (representing a dealer add on as required by the manufacturer) is actually illegal. Provided the enforcement agency responsible takes an interest.


This is my first time hearing of something like this, but I'm certain in Louisiana this shite is probably legal. Let me know if it is indeed illegal, b/c I will report their arse if it is.


I doubt the dealer claimed the manufacturer required he buy it.

The DEALER required he buy it.

Perfectly legal.

And the OP was smart to walk.
Posted by CajunInFL
New Orleans, LA
Member since May 2007
2105 posts
Posted on 6/7/22 at 11:50 pm to
Mandatory by whom? The manufacturer doesn’t add any mandatory charges to the vehicle. The salesperson was probably told this, but the sales manager would/should have removed it.

Also, all those dealer adds are negotiable.
Posted by Jake88
Member since Apr 2005
79993 posts
Posted on 6/7/22 at 11:51 pm to
Louisiana also sets the maximum for document prep fees at $200. I've seen dealerships try to charge $450.
Posted by CajunInFL
New Orleans, LA
Member since May 2007
2105 posts
Posted on 6/7/22 at 11:53 pm to
There are some publicly traded dealer groups that refuse to add dealer mark up.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
90063 posts
Posted on 6/8/22 at 12:06 am to
daughter just graduated college, needed an affordable used car

found a 2017 sante fe in her price range, all set to go to financing and the salesman disappears. he comes back and has a piece of paper in his hand with a bunch of stuff on it and $1996 handwritten on the top. he says this is the addons, cloth protection, gps, paint protection, etc

I said we dont want any of that, he says it is out of his hands. I say lets walk

the guy comes out with his manager, the manager says this is mandatory, I said no thanks and start to walk, the manager says “do you know what this stuff is?” I said yep, and walked

went to another Hyundai dealer, they had a 2019 Ford Ecosport Titanium with. 13,000 miles on it, mint condition, in her price range the salesman didnt even know they had. I said is this the price? he said yes and we bought it.

her credit union was closed and her pre-approval was for another car that was already gone. with her A+ credit and my co-sign we still only got 5.9% interest

going to wait 3 months and go to the credit union and re-finance at 3%

every dealership was packed with people buying used cars. new cars are pre-order only with deposits and three month delivery dates

it is a shite show out there
This post was edited on 6/8/22 at 12:08 am
Posted by BrohanDavey
The Land Down Under
Member since Oct 2018
788 posts
Posted on 6/8/22 at 12:33 am to
quote:

Hammond Tiger Fan


Tell Ross Downing Chevrolet to kick rocks
Posted by dgnx6
Member since Feb 2006
89812 posts
Posted on 6/8/22 at 12:41 am to
I looked until I found a dealer willing to sell at what I wanted. Be patient. Might have to expand options depending on what you are looking for.

Posted by windmill
Prairieville, La
Member since Dec 2005
7814 posts
Posted on 6/8/22 at 3:03 am to
Thanks for walking out. Everyone in this situation thanks you.
Posted by subMOA
Komatipoort
Member since Jan 2010
2048 posts
Posted on 6/8/22 at 3:39 am to
Tell me about it- my wife’s car was totaled last week. We had decided to keep it to see if the market would stabilize- it was still new/nice enough.

Anyhow- going to Houston to pick up a 2021 GX460 Lexus Friday with 9000 miles because a new one isn’t available anywhere despite what the dealer websites say.

Paying only slightly less than new sticker, but it has unlimited mile bumper to bumper warranty until 2027 because it’s LCertified.

And I think I’m kinda getting a deal.

Jesus.
Posted by John_V
SELA
Member since Oct 2018
2051 posts
Posted on 6/8/22 at 4:11 am to
I had a few different searches setup to email me anytime a truck hit certain parameters in the state. Luckily found one at a BR Dealership that they didn't mind haggling with, with comps in the area happened to be a heck of deal thankfully.

If your current vehicle runs I'd stick with it especially if you're looking at new vehicles. Once the chip productuction catches up you'll see the whole market crash when Ford alone releases tens of thousands of "new" 2020-2023 vehicles at almost a loss (unless they're a-holes and scrap the ones that are still bricked). When those "cheaper" new cars flood the market again it'll have a lot of people sell their used ones which will only help it be a buyer's market
This post was edited on 6/8/22 at 4:13 am
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 6/8/22 at 4:48 am to
I ordered my last vehicle from the dealership using the online “build option”. It took less than 8 months for the vehicle to come in and I wrote them a check. (No financing)

I also sold my vehicle online (LA Sportsman/Facebook) so that took the haggling over the trade in out of the equation.

It was the easiest vehicle transaction I ever had.
Posted by Loup
Ferriday
Member since Apr 2019
16987 posts
Posted on 6/8/22 at 5:03 am to
quote:

I noticed some type of add on fee to cover shite like lost keys, dents, cracked rims, cracked windshield, etc. The cost was $1,995


I had a "road hazard warranty" on a Toyota. It was anput 250 bucks total. I was driving from Broussard to BR a lot at the time. Ended up having 3 tires with sidewall damage replaced for free under the warranty so it was pretty much worth it in that case. Ford removed it at my request. Never seen it mandatory.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139457 posts
Posted on 6/8/22 at 5:05 am to
don't pay over MSRP, and get a higher amount for your trade. I bought 2 vehicles last year, and paid less than MSRP for both, and got higher trades, so it can be done, but not as easy as pre pandemic.
Posted by gsvar2004
Member since Nov 2007
8869 posts
Posted on 6/8/22 at 5:10 am to
I’m reluctantly about to go through this process too. Probably going to get rid our full size suv while the getting is still good. Probably go back sedan or cross over for a while the wife (no pics) is burning up the roads too much right now bringing kids places and this gas is adding up quick.
Posted by cable
Member since Oct 2018
9735 posts
Posted on 6/8/22 at 5:12 am to
quote:

Toyota


quote:

Ford


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