tom line IS THERE A TIME LIMIT TO REFUSE A SIGNED CONTRACT.
2007-09-17 22:09:22 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
No.
Don't expect to be able to bully the dealer into lowering the price because you won't succeed after you've signed the contract.
2007-09-17 22:39:02 · answer #1 · answered by bestonnet_00 7 · 0⤊ 0⤋
The best way to refuse a contract is DON"T SIGN IT. The dealer can't make you sign anything. Once you SIGN the contract that is a binding agreement that says you will buy his car. Sign it only after all of the financing has been approved, the price of the car has been negotiated and the trade allowance agreed upon. All paperwork needs to be complete and in order. THEN you can sign a buyers agreement.
Always negotiate on the price of the car. Never negotiate on monthly payments. Settle on a firm price for the car you want. Then negotiate your trade (if you have one) separately. The salesman won't want to do this, but you can stay in control by keeping the focus on the price of the car.
Refuse to give them even $1.00 as a down payment. Zero Down or it's no deal. Keep YOUR cash in YOUR pocket.
Never accept the dealers financing offer unless he can beat the local Credit Union terms by at least 2 whole percentage points.
2007-09-18 03:17:20 · answer #2 · answered by mccoyblues 7 · 1⤊ 0⤋
Do your homework. Review your finances. Go into the dealership with mindset that you will pay ONLY $ x amount of dollars, out the DOOR- ( meaning tax, licensing etc). If the so called "sales manager" can't make the deal, sign your name to nothing. I'm not sure what state your in, but some don't allow it.
Be firm, be consistent. All the x's drawn on the paper and the back and forth BS between the salesman and finance manager- look, don't waste your time. Tell them the same thing. I want it for this amount "out the door", these are the payment I want, nothing more, nothing less.
give it a few run times back n forth 2-5 depending on your tolerance/patience level.
Then, promptly get up, thank them for their time but unfortunately they can't offer you what you want to pay for the car/monthly payments, shake hands, smile really big and walk away. You'll call them. Be firm....
If you keep looking, learning, negotiating- you WILL get what you want.
Always be kind, but firm.
good luck
2007-09-17 22:25:43 · answer #3 · answered by Almost 2 · 0⤊ 0⤋
First off, you need to know what car you want for that dealer. Call the dealler up before even getting there to see if they have the car you want. SO if they dont havea Agua Blue Ford Focus SE, with Auto trans, Leather, Safety Package, Moon roof, traction control, street appearance One, for $18,410. Thats from Ford web site. Anything else that want to sell you want can be found out on the phone call. Once at the dealership, ask for the guy you talk to on the phone, then for the car. If the car is not there then leave. Dont even let then get you inside until you see the car for yourself.
2007-09-17 22:33:06 · answer #4 · answered by Different Answers Carlton W. 3 · 0⤊ 1⤋
best thing to do that will not fail you. go to nada.com and look up the Trade in value of the car you are trying to buy. and go by that. Try to get it for as close to that price as possible. If you get it for close to that your doing pretty good
2007-09-17 23:12:58 · answer #5 · answered by Anonymous · 0⤊ 1⤋