Was it a purchase with balloon payment maybe? Without actually seeing the docs, I don’t think anyone can answer why there is a discrepancy. What did the dealer say about the 3 yr vs. 5 yr?
See if you can get it canceled pronto
Post up the loan doc / details of the signed agreement. That is the only way anyone will be able to review the deal, and give you an answer.
They just deactivate it if you say you don’t want it. It was pre-installed on a Chevy Cruze I leased and they basically just put a SD card into the slot to activate the system and put a blank one in to deactivate. I had no interest in paying for it on a car with on-star (or any car for that matter). Seems like an odd business choice to install on all their cars but I’m guessing they must have enough people agree to the system to make it worth the installation effort. I got the keep the sticker on the window though 
It’s such a 90’s early 00’s scam, but not surprising from an FCA dealer
I’ll upload Docs later today, currently at work. So this is what they told her now:. So basically the story I’m being told is the Finance guy ran the paper work or numbers or whatever based on a 720 credit. When he found out I’m 689, he said they can’t do that price for me so they added all that crap to keep the money factor based on tier . Something about a tier bump exception.
Still trying to figure out the why 5 years vs 3 years. She also had the GPS.
So one of her credit scores showed like 710 but the one I guess they went with was 685.
They also bumped up overall price of car? Need to verify this as I don’t have paperwork in front.
. Once again I didn’t go to the dealership my credit is horrible.
What was the money down and what is the payment?
A manager get often get people bumped into a better tier if they’re close enough. That’s just good business…benefit the customer at no cost to yourself.
Never heard of that being contingent on buying overpriced crap to give them more profit.
They are screwing with the MF to force the buy on the add on crap, is what it looks like to me.
330/36M/12k. 2200 down (trade-in)
Per prior phone it’s was 300 but based off the 720 credit, but when they ran it dropped to 689
It’s illegal if it’s true.
I had a F+I manager try to tell me my Tier 1 was contingent on buying a 3rd party warranty years ago in my 20s, not even the manufacturer warranty when I was signing. I assume there’s more profit in the 3rd party junk. When I pointed out that was highly illegal, and I’d have no problem walking, as well as contacting a lawyer, the contingency magically vanished and I had the original deal with Tier 1 again. It was a good deal at the time, but I never went back to that dealer again.
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Had the same exact thing happen to me. I believe this is pretty common once in the Finance office.
They offer the higher MF, but if you take the add on warranty they will lower MF, thus bringing the payment to the initial agreed upon value.
The 3rd party warranty is probably going straight to the bottom line. And, they lose nothing either way, unless they get caught.
Contacted finance at another dealer (Jeep) explained it all, even he said it would affect monthly payments, and that it’s optional.
What kind of BS is that, oh uh when can still get you a tier 1 approval but will have to add all this crap that makes the payment go up. It just doesn’t even make sense, your increasing the amount of the contract to get a deal bought at a lower tier, I call complete BS. Although not surprising from an FCA dealer. Plus these are aftermarket items, not even Chrysler’s crap.
You know these things literally cost dealers less than $100 to install right? Probably less than $50.
So the finance finally called her, and stated it was used to buy the rate down and that cause she agreed on the 330. And that it didn’t affect the over all cost. I’ll black out personal info and pics the documents. I’m sure she got screwed, and probably nothing we can do.
I truly hate car dealership we were going to try Honker just to skip this crap but closest dealership for one car was 150 miles away. ( We called because we had a trade).
Would calling corporate even be worth it?
And I’m still confused on the 5yr when it a 3yr lease…
I think the lesson here is always post you’re deal here before signing and don’t let the uninformed go sign alone. And pretty much any aftermarket crap they try to sell you is a profit center.