1185
submitted 10 months ago by mesamunefire@lemmy.world to c/news@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] CmdrShepard42@lemm.ee 62 points 10 months ago

No other major manufacturers sell directly to customers so no. Dealerships don't care as long as you're buying something. Many cars they take as trade wind up going straight to auction.

[-] tempest@lemmy.ca 13 points 10 months ago

I mean do they care a bit. If it doesn't sell at auction or goes for basically nothing they could lose whatever value they gave to you for trade in.

[-] futatorius@lemm.ee 26 points 10 months ago

I have knowledge of how car salesweasels operate. There's a thing called the Devil's Triange: sale price, trade-in value, finance terms. If they give way on one of those vertices, they claw it back on one or both of the others. When the smarmy git goes out to talk to their manager, they're showing them that they're making their margin on the deal.

That's also why it's hard to negotiate with them if you disclose that you're a cash buyer and don't have a vehicle to trade in: you've removed two of their three degrees of freedom.

[-] Bocky@lemmy.world 20 points 10 months ago

As a cash buyer, I went through my last dealership purchase and ordered a car with the $4k “warranty” scam plus accepted their scammy financing. Closed the deal and drove away with my car, then the next day I called and cancelled the warranty for a full refund and took my cash and paid off the loan in full.

It’s a hassle, but you have 3 days to cancel all that scammy junk with no recourse. That’s what it took to get the cash price I wanted.

[-] brbposting@sh.itjust.works 5 points 10 months ago

Ethicsmaxxed route

I can't imagine a court in the country seeing a problem with the call and cancel trick. Although,

permission to moralize?

personally, I want to get a great deal in a way I'll feel good about... maybe have a story to share with fellow misers.

But I do put myself in the business's shoes and I think it's fair for everyone to walk out knowing how good of a deal they got and how much money they made.

And when you're inside the building and they run their numbers and based on that they shake your hand, to go outside of the building and reach back to change the numbers--in a way that'd make them take back the handshake--it exceeds the level of cunning I'd want to be in a negotiation.

Also Lemmings, I promise I am not the parent commenter's mother. Someone, take my soapbox before I make someone else want to log off! 😇

[-] CmdrShepard42@lemm.ee 8 points 10 months ago

Plus they have their big book that shows current values and trends with used vehicles (like KBB on steroids) so just a cursory glance at your trade-in to ensure the transmission isn't falling out and dragging on the ground should be a safe bet that they'll be able to recoup most of the book value on the trade.

this post was submitted on 08 Apr 2025
1185 points (99.6% liked)

News

36221 readers
322 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS