raytwntrvlr
Well-Known Member
- First Name
- Mike
- Joined
- Sep 28, 2021
- Threads
- 9
- Messages
- 170
- Reaction score
- 514
- Location
- Raytown, Missouri
- Vehicle(s)
- 2021 Ranger XL
- Occupation
- retired
- Thread starter
- #1
So back in August I ordered a new Ranger. A couple months later the deal was canceled by Ford and rolled into a 2022 order. No further information received after the notice. Not knowing when, if ever, my new truck would be available, I started a search for a truck as close to my needs as I could find. After many weeks of prowling the dealers within a couple hundred miles, I found a great one only 10 miles away. It was to be delivered to the dealer within a week. I put money down to hold it for me. The price on the dealer's website was to be MSRP of $33,265-dealer rebate of $483 and -Ford rebate of $500. = $32,282.
A few days later the salesman called to say the truck was being detailed and would be ready to go. I went the next day to pick it up. I had decided to go with a large down payment and the 0%, 36 month finance. The sales guy took my credit info and disappeared for what seemed like a long time. My income is good and my credit score is about 835.
When he returned he had a one page sale agreement containing the purchase details. It was different than the dealer website numbers: Selling price $34,265 - unspecified rebate of $2500 = $31,765. Over $500 less!
That seemed like a great deal for me. So, next, I was located in a waiting area for about an hour before the "finance guy" came to get me. After signing numerous docs, I was handed a folder containing all my copies and congratulated on my purchase. I drove my new truck home and was very happy.
Until I started worrying about the $2500 rebate. I went back the next day to make sure I qualified for this mysterious, unexpected rebate. After much double speak and acting dumb about it by the sales guy, I finally learned from the sales manager that I was entitled to an additional $2000 rebate from Ford due to the cancelled order. Only later when I got home did the true situation come into focus.
The deal probably should have been: MSRP $33,265 -$500 Ford rebate and -$2000 Ford rebate = $30,765. Not to mention the dealer rebate of $483 which had vanished.
Bottom line is the dealer profited almost $1500 by concealing the extra $2000 Ford rebate I qualified for. IMHO that's totally unethical. Illegal? I don't know.
Question: How do you know a dealer is lying to you? Yeah, we all know... His lips are moving.
A few days later the salesman called to say the truck was being detailed and would be ready to go. I went the next day to pick it up. I had decided to go with a large down payment and the 0%, 36 month finance. The sales guy took my credit info and disappeared for what seemed like a long time. My income is good and my credit score is about 835.
When he returned he had a one page sale agreement containing the purchase details. It was different than the dealer website numbers: Selling price $34,265 - unspecified rebate of $2500 = $31,765. Over $500 less!
That seemed like a great deal for me. So, next, I was located in a waiting area for about an hour before the "finance guy" came to get me. After signing numerous docs, I was handed a folder containing all my copies and congratulated on my purchase. I drove my new truck home and was very happy.
Until I started worrying about the $2500 rebate. I went back the next day to make sure I qualified for this mysterious, unexpected rebate. After much double speak and acting dumb about it by the sales guy, I finally learned from the sales manager that I was entitled to an additional $2000 rebate from Ford due to the cancelled order. Only later when I got home did the true situation come into focus.
The deal probably should have been: MSRP $33,265 -$500 Ford rebate and -$2000 Ford rebate = $30,765. Not to mention the dealer rebate of $483 which had vanished.
Bottom line is the dealer profited almost $1500 by concealing the extra $2000 Ford rebate I qualified for. IMHO that's totally unethical. Illegal? I don't know.
Question: How do you know a dealer is lying to you? Yeah, we all know... His lips are moving.
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