BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board
 
Post Reply
 
Thread Tools Search this Thread
      07-28-2005, 07:02 PM   #1
brewer
Private
 
brewer's Avatar
 
Drives: Arctic E90
Join Date: Jun 2005
Location: FL

Posts: 87
iTrader: (0)

Fascinating read on the workings of a car dealership and salesman

Edmunds hired this guy to be an undercover car salesman. He goes and applies for a job, gets it and then gives us all the dirt on it. I feel like I need a hot shower after reading this.

http://www.edmunds.com/advice/buying...2/article.html
brewer is offline  
0
Reply With Quote
      04-10-2010, 07:05 AM   #2
radix
there's something different about him
 
radix's Avatar
 
Drives: -
Join Date: Feb 2008
Location: -

Posts: 896
iTrader: (0)

Quote:
Originally Posted by brewer View Post
Edmunds hired this guy to be an undercover car salesman. He goes and applies for a job, gets it and then gives us all the dirt on it. I feel like I need a hot shower after reading this.

http://www.edmunds.com/advice/buying...2/article.html

I just made it through the first few chapters, interesting read to be sure.
radix is offline   Philippines
0
Reply With Quote
      04-10-2010, 08:56 AM   #3
Feyd
Major
 
Feyd's Avatar
 
Drives: a DEEZZULL
Join Date: Aug 2007
Location: Chicago, IL

Posts: 1,241
iTrader: (2)

Wow... long read.

Pretty informative though. I'm one of those internet guys... the last two bimmers i bought I handled via email and phone and it was incredibly painless. I'll never buy a car the traditional way again...
Feyd is offline  
0
Reply With Quote
      04-10-2010, 11:23 AM   #4
chungdae
The Asian Sensation
 
chungdae's Avatar
 
Drives: 2009 Alpine White M3, S1000RR
Join Date: Aug 2009
Location: Miami, FL

Posts: 701
iTrader: (2)

Very informative. Going to use these tactics against them when I purchase a new car.
chungdae is offline   United_States
0
Reply With Quote
      04-10-2010, 01:00 PM   #5
ililillilillilil
Banned
 
Drives: e92 TT
Join Date: Jul 2008
Location: CSH LI,NY / Sarasota, FL

Posts: 248
iTrader: (2)

oh i've read this over a year ago.
it reminds me of a family friend at Toyota
whos the type of swindler and crook thats good to know.
(always getting us deals)
but hed still rip his mother off.
and he did
ililillilillilil is offline  
0
Reply With Quote
      04-10-2010, 01:10 PM   #6
ililillilillilil
Banned
 
Drives: e92 TT
Join Date: Jul 2008
Location: CSH LI,NY / Sarasota, FL

Posts: 248
iTrader: (2)

ililillilillilil is offline  
0
Reply With Quote
      04-10-2010, 02:51 PM   #7
BMW F22
Major General
 
BMW F22's Avatar
 
Drives: ///M235i
Join Date: Nov 2005
Location: Around the Bay

Posts: 8,306
iTrader: (8)

I saw this article a few years ago but didn't bother reading it (too long). I've just read it now and he's hit pretty much everything correctly. When I read the part about how he was haunted by bad deals (bad for the customers) it reminded me of one particular deal that I did (as a former salesman). I worked with a nice Asian family of 3 on a used mini-van. Due to their credit and income (checks from the government) they had to put quite a bit of money down and the interest was high. I basically just showed them the car and let the closer work all the numbers with them.

At the end I made off with a very nice commission (forgot how much it was exactly). However, whenever I think back on it, I couldn't help but think if I did the right thing. On the one hand, I was doing my job which was to sell. On the other, I couldn't help but think if the dealership (and myself) might have made "too much" profit on the family. The guy might have been a soldier in the Vietnam war and his daughter had a condition. I was just trying to make a sale but when they put up the profit on the board, I wondered if I did what was ethically right. I mean with a wealthy family I wouldn't mind. But with this family, I could have lived with the minimum commission (since about 75% of the profit went to the dealer anyway).

But yeah, car selling is a tough business. I went into it expecting all the glory that people usually think salesmen get but it was never anything like that. You basically have to be there from open to closing time and even then, if you don't sell, you don't really make jack. You're also faced with constant pressure of having to sell, sell, and sell. The job taught me a lot- perhaps more than I would have learned anywhere else. But in the end, it's a job that not many people could do successfully.
BMW F22 is offline   United_States
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 03:17 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST