Here's the bottom line. I chose a new car and waited to meet with finance. What they did to me was begin with "what do you want your payment to be". They never mentioned the price I expected to pay.
The sticker was $18250.00, but they kept mentioning what I wanted my payment to be. We went back and forth for 20 minutes. When we came to an agreement, they printed out all that paperwork; and I am partly to blame. I assumed the payment was based on the sticker price. My mistake.
3 months later, I'm doing my taxes; I look at that Retail Installment Sale Contract and they charged me $ 21052.40. I went back to the dealership finance guy and asked what happened. He said that's what I agreed to. I asked why I would to pay more than $2000.00 over sticker and he said he didn't know.
I know; it was because I missed it, while they kept me focused on the payment. I didn't receive anything more for the $2000.00.
So, my fault for not questioning every dollar amount on that very long document and a lesson learned about the finance people at this dealership. Very nice but dishonest. I wouldn't recommend doing business with these people.
0 comments