Honestly man would like to hear an update on this.
1 Like
Thanks for on the dot and friendly tone answer. Appreciate everyoneās input.
1 Like
If you havenāt picked up the car yet. You can just walk away. They cannot enforce the contract if you never picked up the car. In this scenario all you would lose is your broker fee.
However I would call the dealership and tell them you are still interested but would like to resign the car at the July programs. If they do not agree walk and tell them to pound sand.
Hopefully your broker can help you out and renegotiate the deal at July terms that way everyone is happy.
1 Like
Who was the broker?
How did or didnāt the broker try to make this right for you? If I was paying for a broker, my expectation would be that they had my best interests top of mind, definitely ahead of the dealerās.
1 Like
Compare and contrast
1 Like
OP.
Not sure what kinda deal you got or who your broker is but perhaps offer to pay for the notary to re-send the new contract docs back and forth if you havenāt already taken delivery.
Assuming you still want the car.
This is why I do not allow people to hold a deal after the month end. Imagine explaining to the GM that a broker you work with has a deal that wants to unwind! Thatās a great way for the broker to be fired from the store!
6 Likes
given that the lease was signed, thereās not much a broker could do.
i had a great client pick up a c40 the morning when we got the $5k lease cash on them in April. He missed $5k by a few hours. There wasnāt anything I could do.
3 Likes
Lmao thatās rough!
1 Like
Weāre not arguing that thereās no recourse if the car is already picked up. These things happen. 
If there was, Iād love to re-do my iX deal using todays terms and save $200/mo. 
1 Like
With this monthās larger rebate and lower money factor, most dealers are likely to offer less of a discount in July than they did in June. So it is not fair to cherry pick a June sales price with July rebates and money factors. Itās also reasonable that the dealer offered you a better deal because it was the end of the month. Therefore, you donāt know if you are really paying $100/more than you would have had you waited until July.
The only reason you are in this predicament is because the dealer allowed you to sign for the car and pick up later. Had you signed and picked up the car at the same time, I donāt think you would be trying to unwind the deal. When people reneg in these situations, it causes more dealers to refuse to negotiate with out of state deals (or delayed pickups).
Even if you technically have a way of unwinding the deal, doing so is acting in bad faith IMO. You agreed to the deal in June knowing that the deal could change in July. If the July program had gotten worse, but the dealer found someone willing to pay $5k more for the same car, would you have been ok with them unwinding your deal simply because you hadnāt picked it up? Itās a rhetorical question as we all know the answer.
5 Likes
@Ed_Churchward this is what I meant. Writing on the wall, yada yada yada
2 Likes
THIS! Tbh that is why I INSIST that all paperwork be completed and in my hands PRIOR to close of business at the end of month.
This looks like a terrible survey waiting to happen
2 Likes
I donāt see the OP as someone who is being difficult in this situation. It seems heās just asking if he has any recourse. And if you were in his shoes, you would 100% wonder the same thing. At the end of the day, if he doesnāt ask, he wonāt know. But nothing in his tone or demeanor on this thread indicates that he is someone who is going to put up a fight with the broker or dealer.
3 Likes
Got to praise OP on how he has handled himself during this unfortunate situation. I think the lesson here is to avoid doing last second out-of-state deals. Adding a broker on top of that creates comms latency as well.
2 Likes
In most cases, clients will get incredibly emotional resulting in a bad survey.
1 Like
Maybe. But the OP has not exhibited that sort of emotion here as far as I can tell. He is merely seeking the advice and seems to be okay with the eventual outcome, no matter how difficult of a pill it becomes to swallow. To suggest that āthis looks like a terrible survey waiting to happenā as it pertains to this particular OP is unfair in my opinion.
6 Likes
If this deal isnāt unwound, the customer will feel like he got screwed. A customer who feels like they got screwed is DANGEROUS. You might be new to this process but I have worked in the industry for 13 years. In my experience there are some deals that are just not worth it. unwidning a deal halfway through the next month is hard to do, HOWEVER if I were the dealer I would try to and kindly ask BOTH the broker and customer to take their business elsewhere.
1 Like
We know we know. Youāre the car salesman who refuses to negotiate with people, would rather work for a company like Tesla where you can be a glorified order taker rather than risk getting a bad survey which will screw you over. I get it. Feel free to point me to where you see this OP as being the type that is āDANGEROUSā all because he asked a simple question about his recourse in possibly saving some money due to an unfortunate circumstance he has found himself in.
Well thank God for the broker and customer you arenāt the dealer. Canāt imagine how much business you lose out on with your chronic anti-consumer sentiment.
8 Likes
I am not anti consumer. In fact prior to a week ago I was top 9 in Volvo CSI IN THE COUNTRY. The way you get perfect CSI not good, csi not great csi , PERFECT CSI is by playing defense. One bad Survey is worth 17.3 perfect ones. So yeah if I turn away 8 customers a month and one of them was going to be a bad survey its worth it.
If you understood how we get paid, you would understand the fear of a bad survey is much greater than the loss of 8 deals a month.
1 Like