I asked the dealer about LoJack - he mentioned it was something of an anti-theft and that it is a hardadd and he can’t remove it.
He also mentioned that if I don’t pick the car up, he will have to charge $250 for a notary to come and sign the papers.
Any thoughts?
Plan is to just pay 1st month + Dealer Fees + Ack Fee upfront. Then payment + taxes by the month.
Yup. Thank you. He pretty much came back and said he can’t uninstall the LoJack and he has to use their own notary that’s vetted by them. (Makes no sense).
I’m ok with the discount. Payment ends up being close to $342. I would have liked it to be less than $350 taxes included.
“I can’t uninstall the Lo-Jack, and we are only able to sign out of state clients with our notary since they have been vetted by us. We have taken $10,018.00 off the msrp for this car being a demo and with matching your Money Factor of .00062 we don’t have any room to move or help you with more savings in the back end of your loan.”
That’s pretty much his response. I guess one last try. It makes no sense to pay for the LOJACK and their own notary. My dad works at a bank and he can get a notary for free.
My dealer says they put LoJacks on all their inventory. I asked him to remove it and he said they don’t remove it, LoJack just sends a kill signal which disables it. He said they don’t even know where to lojack is located on the vehicle since a third party installs it, and it’s self powered with a battery so you can’t trace power leads. They didn’t give me any hassle about not paying for it, and I think it’s likely they have an agreement with LoJack that they don’t pay for it if the customer declines it.
Let’s not overlook the $717 dealer fee.
Personally, I’d be a hardass about the lojack because of that dealer fee. LoJack has an MSRP of $695 according to their website, so the dealer is packing another $210 on top of the profit they already make. I don’t know what dealer cost is, but you can be damned sure it is way less than $695. So let’s say it is $300 cost that you insist they eat. That still leaves them over $400 extra profit on that dealer fee.
True. He’s also adamant about using their notary, whereas I can just go to any local bank branch and get free notary. That’s another $250.
My final offer to them was sales price of $39000, no LoJack, no notary. Using the calculator here, payment was about $350 all in (with the first month + acq fees + dealer fees paid up front).
Most loaners have some sort of mileage RV penalty that gets factored in. I don’t recall off hand what it is for Land Rover, but you should be able to search and find it.
I think it was factored in. The first post in this thread has that factored in. But I can replicate the $434 zero drive off payment, but can’t do it when I pay the fees upfront. Not sure what the dealer is doing here.
