
RON of Oakdale, ny on Sept. 29, 2011
Satisfaction Rating1/5
This dealership is the type that gives all car dealers a bad name. I am so outraged that they can lie to a customer, and omit and deceive for their own gain. On Sunday I received an advertisement in the mail boasting a bank-owned and government pre-owned vehicles auction event and that they have these entire bank-owned vehicles for sale at great prices, "Bring all your pertinent documents and pay stubs so you can drive away with your new car".
When I think of bank-owned anything, I thought that there would be a great saving because the banks are looking to unload these inventories of repossessed vehicles but I was still very skeptical but still went anyway. When I arrived and found no auction and what just seemed to be business as usual,
I started looking at about, maybe, fifty used cars in inventory spread out in four lines of about 10-15 cars in each prices ranged from about 15K and up.
I was then approached by sales man Al ** when I asked him where the "auction" was he looked puzzled and said what auction. I then asked about government-owned vehicles as in the ad. His response there was where did I hear that.
I then asked him about these bank-owned cars, still puzzled he gestured to the first two lines of cars in front, those are all bank-owned. He asked me what car did I like and I indicated the Lincoln MKS. These cars had no pricing visible on them so when I asked the price he replied and said they don't like to just give prices until I drive the car. I pressed the issue but he said he wasn't allowed. This is how it's done here.
I found this a little unusual. Why the secret? He said he would set up a test drive. When I drove the car I liked it and asked the price once again. His reply was, well, make an offer and we will call the bank and submit the offer. I had no idea what to offer and when I again pressed that I wanted the price he then asked for all my personal info and discussed trade-in and financing. He went to his manager, came back several minutes later with a price of $33,500.
I thought that that was very high and more than I can afford. He then assured me that I could make an offer and see what the bank says. After several back and forth bids, we agreed at a price of $26,000 with my trade and we shook hands. Thinking this was a good deal I accepted the offer and proceeded to sign a contract for the car at the bottom of the contract in red ink, there was a disclaimer that said I in short that this contract is contingent on my being able to obtain a loan.
When I questioned Al about the disclaimer he assured me that that's to protect me, then he asked how I would be paying for the car. I didn't know and indicated that I was open to possible dealer financing, of course that would depend on the interest rate they would be charging me. He then indicated that the Finance Manager was off that day but I could take the car and talk to him on Monday. I then gave him a $2500 deposit of which I received a receipt, he then assured me that it will be refunded if I cannot obtain a loan.
I was convinced that the deal was done except for financing and car prep that was to be performed on Monday. Al then called my insurance company and had it switched over to the new car and they sent him a document to prove I had adequate insurance on the new car. I then called my bank on Monday to at least see what their rate will be and they quoted me a rate and approved it at 4.05%. At that juncture I still didn't know the details of the financing the dealer was offering.
On Monday evening 9/12/11, I went to see the Finance Manager Scott **. He offered me a finance rate of 5.9%, which I found to be very high compared to my bank. I then told him that I could do better elsewhere. He then proceeded to try to sell me an extended warranty agreement for an additional 3K. I wasn't interested. He then offered me a deal that if I bought this contract he would take 2 points off the rate he originally quoted me. This all sounded a fishy to me so I declined all offers.
He then informed me that I did not have any choice so I had to take this or the deal is off. I was very surprised to hear this and I was not happy about it. Scott informed me that I should have known this very important part of the deal and asked if didn't Al give me all the details including an estimate on my payment amount. I responded "no". He was not at all happy to hear this. Again I responded no and that Al never told me that my sale was contingent on getting the loan from your dealership exclusively. This should have been on the contract. I never heard of this any time during the negotiations with Al or anyone especially since it is not printed on the contract at all. It seemed to me that Scott was a fair person and would not push the issue on the financing. Scott proceeded in helping to secure a loaner car for a couple of days until my new car is ready to be picked up.
The next day on 9/13, I called to speak to Al only to find out he was still out. I then had a conversation with a person named Ron, he was filling in for Al that day. I requested him to send me the documentation for the bank financing after speaking with someone, he refused to send me anything and said that I had to speak to Scott on this matter. Scott now told me that the deal is off and they are refunding my deposit. I couldn't believe what I was hearing. He said I got the car at rock bottom price, there was no profit in this for them. The only way to make any money was to secure financing and a service agreement. That's the deal, take it or leave it. I informed him that this was immoral and probably illegal. I said will file a complaint with the Attorney General of NY he replied to go ahead.
I then decided not only to file a complaint but to contact their corporate headquarters. I called the dealership and asked for Tom, the General Manager. After asking my name, she replied that he was out of the office. I asked if I could speak to anyone else, she said they're all with customers and they will just call me back. I then asked for their corporate phone number, but her reply was there is no corporate office. I never received a return call from the manager Tom.
I made many inquiries to get their number, 1-888-843-7432. I called on 9/14 and had a conversation with Corporate General Mgr. Bob **. When I explained the situation he was outraged and told me he would get to the bottom of it right away. He called me that day at 5:30 PM and notified me he would call me back by 10:00 AM the following day. I never heard back. I tried to reach out to him leaving messages and received no reply.
Later that day on 9/14, I received a call from Tom ** informing me that the deal is off and to come get my car. I tried to reason with him to no avail. I then told him that they were breaking the law, that he was in breach of contract. His reply was to bring my loaner back today and that my car would be waiting, and hung up.
I called the Corporate Office again on 9/15 t0 9/16 and left messages for the owner, someone named Anthony. I never received a return call. To date. I still have not received a refund on my deposit. I plan to pursue this with my credit card company.