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      07-01-2010, 05:42 PM   #23
Chest Rockwell
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Issue resolve, it's gonna cost me a grand, and there damn well better be a key chain of some sort in this deal.
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      07-01-2010, 05:58 PM   #24
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Issue resolve, it's gonna cost me a grand, and there damn well better be a key chain of some sort in this deal.
So they ate the other $2700? Seems fair.

I still think you are being WAY too nice to the dealer. NEVER confuse friends with business. They are NOT your friends. They will pretend to be when it is in their interest, but they are there to make money. Nothing wrong with that and I respect the dealers, but never forget their priority is to make the most money they can.

If I were you, I would have told them too bad. Deal is done.
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      07-01-2010, 06:15 PM   #25
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So they ate the other $2700? Seems fair.

I still think you are being WAY too nice to the dealer. NEVER confuse friends with business. They are NOT your friends. They will pretend to be when it is in their interest, but they are there to make money. Nothing wrong with that and I respect the dealers, but never forget their priority is to make the most money they can.

If I were you, I would have told them too bad. Deal is done.
If my wife were handling this that would have been the case, I'm too attached to the car to run the risk of having to give it back. I figure I was going to throw 6K down to buy one but they taked me into the lease because of the way I go through cars. They ate 2800$ so I ended up getting an amazing deal (not as amazing as the original but after re-running the numbers it's still great), and if I decide to buy it after it will ultimately payoff for me.

I have no doubt that even after this mistake I came out big with the trades and price of the car figure in, just sucks to fork over a grand I was going to put towards a passport 9500ci.

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      07-01-2010, 07:10 PM   #26
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Sounds like it worked out pretty well - I was going to suggest meeting them half way but you did better than that.

Enjoy -
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      07-01-2010, 07:16 PM   #27
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In all Honesty, It's on them. Tell them to Eat the Cost or they can have there car back. This just may be a Blessing from above. Maybe there's a better deal for you around the corner.
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      07-01-2010, 07:29 PM   #28
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Sounds like a good compromise all the way around. Nicely done.

However, I really doubt they would repo the car based on this. You had a valid sales contract. But just to avoid the funny feeling you would get going to them for service in the future, $1000 is probably worth it. You did get a great deal!!!
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      07-01-2010, 08:34 PM   #29
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I payed around 68K, the listed residual is 43K onthe contract. No doubt now that it was just a simple mistake, but should I have to fork over the cash for their lack of attention to detail? AM I being a dick or should it really fall on me to pay it or give it back?
Residual is calculated based on MSRP, not the price you negotiated.
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      07-01-2010, 08:52 PM   #30
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There would've been no chance of them getting another cent out of me. This is why contracts exist, so that everything is black & white. If they screwed it up when they ran the numbers, then that is their problem. Especially when they generated the contract. Cost of doing business. Guarantee if the shoe was on the other foot, they would tell you that the contract was finalized and there was nothing they could do. And then the fat cats upstairs would whack up your $3800 and put it in their pocket.

Either way, enjoy the new ride !!!!!!
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      07-01-2010, 09:31 PM   #31
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It sucks cause you know if the deal were the other way, they would stick you to every dime. That said, you did what I probably would do. and in the big picture a g aint that big of a deal.
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      07-01-2010, 09:45 PM   #32
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^ Agreed.

Still one hell of a deal for you.
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      07-02-2010, 01:43 PM   #33
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Issue resolve, it's gonna cost me a grand, and there damn well better be a key chain of some sort in this deal.
Glad it worked out....but you definitely shouldn't have bent over *at all*. As others have said, you have them by the balls...and you know they wouldn't be refunding you that grand if you had overpaid.

Even if a cooling off period was in effect, if you had actually fully stuck to your guns, they wouldn't have actually enforced the trade back... I guarantee it.

The miles and (possible) titling of the car would have made the car depreciate more than that 1k difference, I can guarantee you that one. Again, glad it worked out, but I think you bent over a little too far :P
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      07-02-2010, 02:21 PM   #34
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well glad it worked out. Just go enjoy the car OP. And like Blueman mentioned, don't mix business with friends. I used to deal with Shelly BMW; thinking hey I can get the best deals, send referrals. When it came down to purchase E92 335 with M package, they wouldn't budge on the price. Thus I went and purchased an '09 Jetta, and waited til I graduated last month. And now I am ready for an M3. But, I won't deal with Shelly anymore.
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      07-02-2010, 11:14 PM   #35
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In the end, you got an AWESOME deal.

Yes, I suspect they were just bluffing ("or you'll have to return the car" - I highly doubt that because, had it gone the other way, they would have said, "Too bad, so sad, you should have been more careful checking the numbers before you signed!"

But $1000 is not a big price to pay for some peace of mind. I suspect they might have kept hounding you and making 'threats'. Hiring a lawyer (to stop them or clarify your legal status) costs money too. Or maybe they would have dinged you as hard as they could on lease return.
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      07-03-2010, 12:07 AM   #36
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I am really happy for you. I saw your first post when you just got the car and was crushed by all the bs dealer subjected you to. Enjoy your ride!
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      07-03-2010, 09:10 AM   #37
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UPDATE*******

The GM caled me up yesterday and said that legally they had no leg to stand on so the contract was going to be honored as it. He said unless I wanted to give them some cash to offset the difference they were going to eat the whole amount.

I kinda feel like a dick, but at the same time I think this is the right solution. I told them they will be getting an excelent rating and I plan on coming back to buy the rest of my cars there because other than that momentary f-up it was the best experience I've ever had.
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      07-03-2010, 09:48 AM   #38
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Glad it worked out better! So can you now name the dealership?
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      07-03-2010, 11:14 AM   #39
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Name of dealership..please.
Cool it worked out for you at the end.
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