Payton Wells shuts 4 auto dealerships

The showroom of Payton Wells' Downtown Chevy dealership and his collision center across the street were vacant Friday, the doors locked. Full Story
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Art

AOL

#3 Jan 27, 2007
Guess what? Fords and Chevys arent selling.
Indy Car Buyer

Indianapolis, IN

#4 Jan 27, 2007
Another minority dealer bites the dust. Kennedy Chry, Dickerson Buick now Payton Wells. Who's next ? Whoops there are no more.
Yep

Michigan City, IN

#5 Jan 27, 2007
agreed. they have crappy product.

you wanna buy a chebby?
III

Wheeling, IL

#6 Jan 27, 2007
Wells will probably make enough money by selling the downtown properties to pay off his bank debts and retire comfortably. Times have changed in a major way since that dealership opened. Between the decline of GM and competition from suburban auto lots that span dozens of acres Wells just can't keep up any more. It's time to cut and run.
Bob

Ingalls, IN

#7 Jan 27, 2007
This dealer owner has been stealing from customers and employees for years. It is about time someone put a stop to this deceitful organization. The business practices of Mr Payton has been nothing but a disgrace to the automobile industry for years. We are glad he will no longer be able to deceive the public any longer.

Since: Dec 06

West Central IN

#8 Jan 27, 2007
Democrat Julia C wrote:
I have news for the guy in Anderson. Its not temporary. Given the number of times that car dealers take advantage of people, its nice to see them take a knockout blow. And I am keenly aware that its buyer beware, so dont give me any of that crap. You know where I am coming from.
First, you are correct when you say that this is not temporary, any lender will sieze a dealer's inventory only as a last resort. Next, let me say that as a 32 year veteran of the retail automobile business your comments that all dealers are crooks and rip people off are not only incorrect they are unfounded. I have personally sold or been involved in the sale of over 5000 vehicles in my career and can tell you that customers have tried to decieve me and my employers hundreds of times, while I have never been anything but honest and truthful in all my dealings. Most of the stories I have heard of supposed ripoffs by dealers are anecdotal from a second, third or more party. Are there some dishonest people in the auto business, of course there are. Just as there are in every profession. But, those dishonest folks don't last long since as soon as a dealership discovers the problem behavior it is corrected. All I ask is that you don't paint all employees of the retail auto business with a wide brush.
Dave Pritchett

United States

#9 Jan 27, 2007
After reading the plight of the the dissatified customers in this morning's Anderson Herald I sure wouldn't rush out and buy a car there if they ever did re-open.
The Big Tater

Sardinia, OH

#10 Jan 27, 2007
Lafguy60 wrote:
<quoted text>
First, you are correct when you say that this is not temporary, any lender will sieze a dealer's inventory only as a last resort. Next, let me say that as a 32 year veteran of the retail automobile business your comments that all dealers are crooks and rip people off are not only incorrect they are unfounded. I have personally sold or been involved in the sale of over 5000 vehicles in my career and can tell you that customers have tried to decieve me and my employers hundreds of times, while I have never been anything but honest and truthful in all my dealings. Most of the stories I have heard of supposed ripoffs by dealers are anecdotal from a second, third or more party. Are there some dishonest people in the auto business, of course there are. Just as there are in every profession. But, those dishonest folks don't last long since as soon as a dealership discovers the problem behavior it is corrected. All I ask is that you don't paint all employees of the retail auto business with a wide brush.
Are you willing to take a lie detector test concerning your honest business practices?
Katie

Indianapolis, IN

#11 Jan 27, 2007
Here is something to chew on Ms. Carson.....retail makes the world go round, be it automotive retail, groceries, or the shirt that you are wearing. Just because the price of your item is up for negotiation....doesn't mean you are getting ripped off. It means that you have the option of making a deal that you feel is fair to all parties involved. Did the 10 year old Indonesian kids who made the shirt you are wearing give you the option of paying invoice for it? I hope you didn't give them more than 45 cents for it. BUYER BEWARE.
bob

Ingalls, IN

#12 Jan 27, 2007
Its not just the competition, or Ford or Chevy, its the deceitful business practices that have destroyed his business........
III wrote:
Wells will probably make enough money by selling the downtown properties to pay off his bank debts and retire comfortably. Times have changed in a major way since that dealership opened. Between the decline of GM and competition from suburban auto lots that span dozens of acres Wells just can't keep up any more. It's time to cut and run.
OZZIE

Alexandria, IN

#13 Jan 27, 2007
Democrat Julia C wrote:
I have news for the guy in Anderson. Its not temporary. Given the number of times that car dealers take advantage of people, its nice to see them take a knockout blow. And I am keenly aware that its buyer beware, so dont give me any of that crap. You know where I am coming from.
IT'S PEOPLE LIKE U THAT CAR DEALERS HAVE TO DEAL WITH THERE ARE A FEW TO WATCH..NOT ALL!! IT'S THE PUBLIC THAT THE DEALERS NEED TO BE AWARE OF.....
Katie

Indianapolis, IN

#16 Jan 27, 2007
Peyton Wells is to the car business as the Catholic church is to religion. Not everything is all bad or all good. Agree with the business or not....everyone has to buy cars, and contrary to popular belief...there isn't a lot of money being made.

Feel free to hook the lie detector to me. 9 years in the business.

Since: Dec 06

West Central IN

#17 Jan 27, 2007
You Sold Me A Car Once wrote:
<quoted text>
Are you willing to take a lie detector test concerning your honest business practices?
Absolutely, are you?

Since: Jan 07

Indianapolis, IN

#18 Jan 27, 2007
Democrat Julia C wrote:
I have news for the guy in Anderson. Its not temporary. Given the number of times that car dealers take advantage of people, its nice to see them take a knockout blow. And I am keenly aware that its buyer beware, so dont give me any of that crap. You know where I am coming from.
There is a saying in the car business that you can all verify: "Buyers are liars." The phrase comes from the common practice of people who claim to the dealer what a fine car they want to trade when, in fact, often the trade-in is in bad shape or has some mechanical or electrical problem that the buyer trys to slip past the dealer to get a better valuation on the beater they want the dealer to buy. Not every buyer is dishonest with the dealers just as not every dealer is dishonest with customers, but it is well worth noting that it can work both ways.
Ben Dover

New York, NY

#19 Jan 27, 2007
In 2002, he received the highest civilian award in Indiana -- Sagamore of the Wabash. It was bestowed for Wells' many years of community involvement as a business owner and citizen.

This doesn't say much for the credibility of the Sagamore of the Wabash award.
jcb

AOL

#20 Jan 27, 2007
The South is rising again.
John W

United States

#22 Jan 27, 2007
Matthew wrote:
In 2002, he received the highest civilian award in Indiana -- Sagamore of the Wabash. It was bestowed for Wells' many years of community involvement as a business owner and citizen.
This doesn't say much for the credibility of the Sagamore of the Wabash award.
Well, take a look at who all received it during a certain 16 year period there.
James M

United States

#23 Jan 27, 2007
As someone who has bought more than a few new cars over the years, the older you get, the more you learn the game. When trading in cars, no, I don't divulge every little problem with the car. The dealership has mechanics to find those things. Any trade in is not going to be perfect. Most people don't get rid of cars out of boredom. that said, I'm sure the dealerships have made a nice little profit off of my trades. After all, they are not in business to lose money
Dave

United States

#24 Jan 27, 2007
So, I wonder which city official is connected to Bloomington Ford where they now get police vehicles from?
you cant be serious

Indianapolis, IN

#27 Jan 27, 2007
Indy Car Buyer wrote:
Another minority dealer bites the dust. Kennedy Chry, Dickerson Buick now Payton Wells. Who's next ? Whoops there are no more.
You sound like you are happy that black car dealers in Indianapolis are going through some tough times! Does this mean you won't watch the Super Bowl because of two black coaches. Maybe you need to go to diverty training at your job. The late George Wallace of Alabama would be proud of you!

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