Saturday, December 6, 2008

Car saleman's school of math

Thursday I went in to buy a new 08 Dodge pickup to get the powertrain warranty. I have an 02 Ford F350 7.3 deisel to trade. I owe $13,800 on it, the book trade in value. I figure I can't lose. At first he tells me he'll give me 18,800 for my truck plus the $8500 rebate. What does your math say. Mine said $13,500 off the price which would have been about $26,500. I call my bank triumphantly asking for a loan. A great payment for a new truck. Yippie!

I go back to Cowboy Dodge and ask to see the bottom number after the trade and rebate. $34,something. I thought what the heck is going on!? He tells me that their wholesalers will only give them $8800 for my truck so he'll give me $8800 and a $7ooo rebate. I thought ok thatsounds fair. He writes down the numbers for me. He took off the $8800 and $7000 and then the last line of the equation he adds in my full pay off of $13,800. Does this not negate the $8800 at the top and in reality only give me $5000 for my trade? I swear these guys go to school to learn how to screw people.

O by the way, two different salemen told me about the $8500 rebate numerous times. I talk to the finance guy, the chief screwer, and he tells me, "Oh, that rebate was last month. Now it's only $1750." I tell him that his salesmen have told me for two days now about the $8500 rebate. He ignores me.

I leave to go talk to my accountant. He tells me it's like paying some one $5000 to take my truck off my hands. I go back to the dealer and ask him if he would give me $5000 more for my truck, the book value. He laughed at me and tore up the paper. I then find out he would sell me the truck out right for $27,000. Does this make any sense to you?

P.S. If your looking for an 02 Ford F350 7.3 diesel with 120,000 miles call me. 287-8824. Let's talk. After all, you already know what I owe on it.

No comments: