An ADM Story - You think Porsche is bad?
#63
Rennlist Member
We are all so fortunate when you think about it. We are buying products that can have five and six figure markups on them! The mark-up themselves could buy extremely nice “normal” vehicles.
I also have never paid an ADM before and never will. I will drive a Honda Accord (at least a 2.0 turbo, haha) before I pay an ADM. I have a loaded GMC Sierra as a daily driver that I got a few months ago. I drove an hour out of town to save $800 versus buying from my local preferred dealer. I’m pretty cheap. A dollar saved, right?
I also have never paid an ADM before and never will. I will drive a Honda Accord (at least a 2.0 turbo, haha) before I pay an ADM. I have a loaded GMC Sierra as a daily driver that I got a few months ago. I drove an hour out of town to save $800 versus buying from my local preferred dealer. I’m pretty cheap. A dollar saved, right?
#64
next time send you wife to the dealership and grind their time.
my wife makes more than I do.
she coupons, she uses rewards points, she goes back to the store when they forgot to put her $2 item in the bag
my mother is worse, you short her ONE PENNY, you would not hear the end of it. most ppl would rather just kill themself then short her one penny.
I think I will send my mother to Carlsen tmo. he has money and time...
hell maybe I sent her there with her mah Jong friends...
my wife makes more than I do.
she coupons, she uses rewards points, she goes back to the store when they forgot to put her $2 item in the bag
my mother is worse, you short her ONE PENNY, you would not hear the end of it. most ppl would rather just kill themself then short her one penny.
I think I will send my mother to Carlsen tmo. he has money and time...
hell maybe I sent her there with her mah Jong friends...
#66
Burning Brakes
I see Salomondrin's wife just got a very similar spec wagon. Wonder if it was yours??
Must have been hard but I think you did the right thing and walked away. I also think that if you and your wife want one, get one from another dealer and don't listen to others opinions on depreciation. Every other RL thread tells us to forget mileage and depreciation and to drive and enjoy.
Must have been hard but I think you did the right thing and walked away. I also think that if you and your wife want one, get one from another dealer and don't listen to others opinions on depreciation. Every other RL thread tells us to forget mileage and depreciation and to drive and enjoy.
#67
RL Community Team
Rennlist Member
Rennlist Member
Attitudes like that (and Porsche stealerships as well) gives me fond memories of buying cars in 2008. I know it's bad for a lot of people, but market adjustment is generally accompanied by attitude adjustment. I'm cashing up waiting for the right moment.
#68
Imagine going to Target and things are priced like this. You see a blow dryer on the shelf, the price is $20. You get to the register and the cashier tells you it is $25 because a lot of people want it right now. That entire shopping cart would be sitting there as we headed for the exits. All you can do is walk away, ban that dealership for life, and spread the word.
Terrible way to run a business.
Terrible way to run a business.
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sgtm7 (03-08-2020)
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Rxpert (03-07-2020)
#70
you're missing the point. The OP had shaken hands on a price, and when the car arrived the dealer told him to pay up or go **** himself. A deal is a deal, nothing to do with "more buyers than cars, ADM".
#71
Rennlist Member
yes we forced the dealer to buy back our 19 RR Sport. Electronics were garbage. 30 days in shop out of first 60. Never again. On to Audi now and wife loves SQ5
#72
Sorry, I misunderstood. I thought the contract said “market price”. We all know the party with the best paperwork wins. If the contract says market price that could be more or less than MSRP. What else could it mean. I understand the disappointment OP felt but the dealer did what was written. Contracts to buy cars have lots of outs for buyer and seller. The buyer was under no obligation to perform although he wanted to do so. The dealer was obligated to do what the contract said, which was “market price”. The OP was surprised because he had an expectation that was not supported by his paperwork.
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sgtm7 (03-08-2020)
#73
Although the contract we signed when we paid the deposit stated that the price would be determined based upon market conditions when the car arrived, no mention of ADM ever occurred. We were told numerous times verbally (stupid me) that the car was MSRP.
#74
What the sales guy said is not enforceable when it is contradicted by a written agreement even if he admitted it. These contracts generally indicate they must be accepted by a manager which implies the salesperson has no authority to promise anything orally or in writing.
#75