Bill Heard to Close ALL 13 Nationwide Dealerships

[AznTraitor]

They were smacking people over the head big time on car payments. I had a lady that came in one day with an '07 PT Cruiser that she wanted to trade in. Pull her payoff on the car $20k with 90K miles on it. And it was a BASE MODEL.

now, I do not blame the dealership for that...people should not buy a car if they cannot afford it...that person saw the contract, and knew what they were getting in too, I can understand some people are desperate for a car, but common sense is common sense.....the car was probably sold to her at $16k new and she paid for the special rust proof undercoating, and extended, extended warranty, and got financed at 29% interest.

[Alan®]

now, I do not blame the dealership for that...people should not buy a car if they cannot afford it...that person saw the contract, and knew what they were getting in too, I can understand some people are desperate for a car, but common sense is common sense.....the car was probably sold to her at $16k new and she paid for the special rust proof undercoating, and extended, extended warranty, and got financed at 29% interest.

While they were stupid to buy the car for that price. It's just as bad on the part of the dealer to sell the car at that price. They bought the car 9 months before with 70k miles on it for I forget the price but seriously anything over 14k for a 07 PT with 70k miles it just ridiculous on the part of the dealership.

[stillaneon]

While they were stupid to buy the car for that price. It's just as bad on the part of the dealer to sell the car at that price. They bought the car 9 months before with 70k miles on it for I forget the price but seriously anything over 14k for a 07 PT with 70k miles it just ridiculous on the part of the dealership.

No thats dumb, you of all people should know that.

Value is what someone is willing to pay for something. If I can sell you a 1971 Beetle for 20,000 and your dumb enough to pay for it..... Then so be it

[AznTraitor]

Value is what someone is willing to pay for something. If I can sell you a 1971 Beetle for 20,000 and your dumb enough to pay for it..... Then so be it

Exactly.

[Alan®]

No thats dumb, you of all people should know that.

Value is what someone is willing to pay for something. If I can sell you a 1971 Beetle for 20,000 and your dumb enough to pay for it..... Then so be it

I agree with you but at the same time but doing something like that is just shady in my book. When I worked at dealerships I always told my customers that they would get a fair price and I meant it. I lost a lot of money on that philosophy but at least I was able to sleep at night.

[stillaneon]

I agree with you but at the same time but doing something like that is just shady in my book. When I worked at dealerships I always told my customers that they would get a fair price and I meant it. I lost a lot of money on that philosophy but at least I was able to sleep at night.

Im there with you. Ive worked at numerous dealerships

I always lost money for the customer relationship and networking I got later.

But its not good business

[Evil Goat]

I agree with you but at the same time but doing something like that is just shady in my book. When I worked at dealerships I always told my customers that they would get a fair price and I meant it. I lost a lot of money on that philosophy but at least I was able to sleep at night.

question is did she get herself upside down with another trade when she bought the pt? my sister in law loves to do that, shes been upside down paying probably 15% interest for the last 2-3 cars shes had, hell the last car she bought was a 01 accord with 65k miles on it and she paid $17k for it, that was a year ago, we bought my wifes accord 5 years ago, same year model, same options w/ 25k miles, honda certified used car, for $14.5k.....either way, i say when you sign youre responsible, if shes that dumb then so be it....who the **** buys pt losers anyway?

[Alan®]

question is did she get herself upside down with another trade when she bought the pt?

See thats what I thought too but I looked it was her first car.

[AznTraitor]

it was just on the local news here....

the lady was talking to people who were leaving, and one girl it was only her second day and she got told this afternoon to not come back, and a bunch of other employees said there was already signs of their loss of work with hours being cut