
Terrance of Deltona, FL on March 13, 2012
Satisfaction Rating2/5
We visited Bob Dance Hyundai on February 17th and 18th. On the 18th we, my wife and I, found a demo Hyundai Sonata Limited, which had everything we had been looking for. The only problem is that the dealership was asking too much. After much talk, back and forth, the sales manager said he would reduce the price of the car to $25,900 from $26,888, if we would agree to finance through the dealership. He said the dealership got a kick-back from the finance company, and it could be used to make up for the price reduction on the car. I said I had pre-approval through Fairwinds at 2.95%. He said the best he could do was 3.8%, but I could refinance in a month or two at the lower rate, and we both could make out.
We then met the finance manager who managed to convince us to sign up for $3,170 worth of warranty and dealer services, that I thought were to be handled either through Hyundai or Bob Dance. When I arrived home, I went through the paperwork we signed, and discovered that I had purchased an insurance contract with Fidelity Services. The next day, Sunday, I went back to the dealership and canceled the warranty and services contract. The Finance Manager said he couldn't do anything about changing the contract, but the note with the lender would be reduced by $3,170 and thus the payments would also be reduced when the insurance company returned the money to the lender. I found out later the insurance company has an in-house employee at Bob Dance's dealership. I spoke with him on March 12th. So, why couldn't the sales contract be changed then?
Today, March 13th, when I was getting a loan from Fairwinds to pay-off the lender, which turned out to be Wells Fargo, I discovered that the lender has an early pay-off fee of $75. I again looked at the paperwork I received from the finance manager, and discovered that I do not have a copy of a note, nor do my wife and I recall signing one.
In addition to the $692 dealer fee I was charged, I was also charged $152 for license fees. Since I already had a license plate, a copy of the registration the dealership had, I knew the transfer fee was only about $8, and the title fee would be about $80. So, I was confident that I would get money back. Imagine my surprise when I received a new plate expiring in 2013. The fees paid by the dealership amounted to over $360. I took the new plate back to the dealership, and explained the problem. The new plate was canceled, and I got a check for about $64. Since I expected a check for the difference between $360 and $88, I asked what was going on. The response was that if a buyer didn't have a trade-in, the dealership paid the Florida impact fees (about $400) out of the $692 dealer fee for the buyer. So, buyers without trades pretty much get screwed. Would I buy from Bob Dance again? Never, due to lies, omissions, and deceptions!