Sonic automotive reaches deal with state

Sonic automotive reaches deal with state

There are 6 comments on the Myrtle Beach Online story from Mar 15, 2006, titled Sonic automotive reaches deal with state. In it, Myrtle Beach Online reports that:

Sonic Automotive Inc. has agreed to reforms at its six North Carolina auto dealerships so that consumers are better informed about new cars costs and so they pay less in finance charges, Attorney General Roy ...

Join the discussion below, or Read more at Myrtle Beach Online.

rick

United States

#1 Mar 18, 2006
why does everyone seem to target car dealerships

why not furniture stores, dept. stores, and etc

there is more profit in furniture, and jewlery than
any car
Dave

Galveston, TX

#2 Mar 21, 2006
Do you think purchasing a dealership is a wise investment in today's economy?
David

Charlotte, NC

#3 Mar 26, 2006
Rick fair comment why?

But they do set themselves up for by being run by sleazy balls....

David
GUS007

AOL

#4 Mar 27, 2006
.............Consumers Beware............
David

Charlotte, NC

#5 Mar 29, 2006
I had to revisit this.....

I buy expensive clothes - not many but when I do my clothes are from the likes of Nordstrom.

I know (as an ex employee) that Nordstrom mark up is really high.

The difference being when I walk out of Nordstrom I feel good and not "beat up" by some cheesy snake

I also like Nordstrom after service as opposed to the typical car dealership where you buy the car and then have to grovel to get it fixed - all by toe rags

I have a 1995 Ford Contour - it works fine and I get it serviced by a friend. When the Ford gets beyond use I will buy a used car from a friend

I can afford to go to a dealership and pay cash for a new car - but I will never set foot inside a car dealership again

By the way - I'm not rich and I have been a car salesman - I left due to ethics issues....

David
Huntersville, NC
Don

Charlotte, NC

#6 Mar 31, 2006
Come on people. When you buy a hot cup of coffee, you know you shouldn't dump it in your lap. Take some responsibility when you buy a car. If you can be taken advantage of, you will be. It is the salespersons job to make as much money for the dealership as they can. That is how they get paid. If you will take some time before you enter a dealership to learn just a few basics and speak up when something doesn't smell right, your chances of paying too much is greatly reduced. There are thousands of web sites that wil tell you EXACTLY what your payment should be based on the selling price of the vehicle and/or the amount financed,interest rate and term. Know what that baseline is before you leave your house. If is dramatically different from what you are quoted at the dealership, DEMAND an explaination and a complete breakdown of how they arrived at that figure, or get up and leave. You do not HAVE to buy that car at that price. NEVER offer what you might be willing to pay to a salesperson. Make them do the work. NEVER offer to make a downpayment to get your payment where you want it. Always negotiate from a "no money down" figure, and arrange financing before you go to the dealership.

Sorry this is so long, but like the old saying, Fool me once, shame on you, fool me twice, shame on me!

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