Family getting bigger, I was not looking for this specific car but I decided to give it a shot given the 23s are almost melting with FL sun.
I think thats decent options and price for a full size SUV.
One of the things that got me in this deal, was the fact that the dealer is actually claiming $4,000 on rebates instead of only $2,000 which I qualified.
In the negotiation he did told me that he can put me loyalty even if I don’t qualify.
So yes they used maybe
$2,000 Bonus cash
$ 1,500 Loyalty
$ 500. College Grad
More shadyness I wasn’t aware of…
Why is it so hard to give a price before incentives?
So contract is funded, I just set autopay today, and wow and hour after that I received a phone call from a very agitated Phil, telling me they need to cancel the whole deal, because Stellantis is not allowing them to buy out my car.
So yes I traded in a 2024 Jeep GC, I did not included in my first post, because they were only taking me out of my lease. ( Payoff amount $42,100 for a dealership). They said no equity, and I did also my research and nobody reach that amount to sell my car to them. so yes I agreed that they took my car.
Well that happened I tried to explain, that even if Stellantis wont allow a 3rd party Dealership to buy the car I would like to keep my current deal and I take the 2 cars home, he said we have to redo the paperwork ok.
20 minutes later again agitated Phil said: We appraised the vehicle for $44ishk. There was positive equity in your Trade-in, but it can not be showed on the contract, so if you want to keep the car is $2300 more, but I want to cancel that deal, and I will fight it if thats what you want to do.
So WTH, I guess they are cancel the whole deal as I write this and there is nothing I can do? I tried to gain some time and the guy just want to cancel the whole thing from the beggining. My guess is 2nd thoughts? or I dont know … any help?
Have you talked to SFS? Is your account still open with them?
If the contract is funded, you are now renting NMAC’s property. Read your paperwork very carefully and if you decide to unwind the deal rather than sign with new terms, do so only after you get the go ahead from NMAC
That sounds like an agitated Phil problem not a you problem. There’s no reason they couldn’t have put the positive equity on the contract. Since they didn’t, you keeping both cars with no additional money due seems the fair and reasonable resolution.
Agreed. I already have an account there and even made my forst payment to be more tied to it.
Like I said this guy was very upset and the threatening voice was for me the confirmation that this was indeed regrets that I have taken the car at that price.
Crazy situation. I assume the GC is at their lot? If so hopefully It doesn’t get ugly when you try to pick up but yeah they are out the 2300 they thought they had in pocket if they can’t buy it out. Up to them to ensure they can execute the buyout before it is signed I would think but maybe not - some small print somewhere that covers them?
Yes, I dont know how they got there , but now the issue is that they miscalculate maybe what they can earn with the GC and want to take back the deal already funded?
