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Long story short, had a G63 on order from October 2020. The dealer verbally told me that its at MSRP, plus signed a build form with the prices.
Finally got the call that its going to be in next month, but now dealer says 50% mark-up because they are competing with the market. Are they even allowed to do that?
Now, I either pay, Or scrap it and ride this out in my G63 '16 until the market adjusts - just weird that they can do this on a vehicle that i spec'd and ordered. Also there is a line item stating 'Finance at previous terms' and the $1000 deposit was towards the cost of the vehicle, which should specify a legal contract. So do I talk to my lawyer? And then this ...
Definitely bad business. They don't care about the customer. Only care about that all mighty dollar. So sad. I'd cancel and find one elsewhere. A deal is a deal imo.
This is really as good "MSRP in writing" as you can get before delivery. Clear terms and clear balance due at delivery, nothing in the fine print that says price subject to change, and it's on dealer letterhead.
I'd retain a lawyer and have them call your sales associate if they think you have a case.
Sad state of affairs. My advice is to get your deposit back and walk away. You don't have a chance (IMO) of prevailing in a lawsuit. Just more money down the drain. This situation certainly makes a statement about the business ethics of the dealership. Run fast and far!
Long story short, had a G63 on order from October 2020. The dealer verbally told me that its at MSRP, plus signed a build form with the prices.
Finally got the call that its going to be in next month, but now dealer says 50% mark-up because they are competing with the market. Are they even allowed to do that?
Now, I either pay, Or scrap it and ride this out in my G63 '16 until the market adjusts - just weird that they can do this on a vehicle that i spec'd and ordered. Also there is a line item stating 'Finance at previous terms' and the $1000 deposit was towards the cost of the vehicle, which should specify a legal contract. So do I talk to my lawyer? And then this ...
Just felt like sharing,
Thx
Try to negotiate with them, new G never been sold on msrp unless u are celebrity, mine i build and no deposit needed back in 2019, but i paid 20k over market value, believe doesnt worth it paying half of msrp
When you sign an agreement to buy a house and provide a deposit, it's binding. You don't expect to show up at closing 30 days later with a check for the purchase price only to be informed that the seller has decided to double the price. I can't imagine any attorney advising the seller that such a demand is legitimate and legally defensible.
I think the bottom line "BALANCE DUE ON DELIVERY" says it all.
When you sign an agreement to buy a house and provide a deposit, it's binding. You don't expect to show up at closing 30 days later with a check for the purchase price only to be informed that the seller has decided to double the price. I can't imagine any attorney advising the seller that such a demand is legitimate and legally defensible.
I think the bottom line "BALANCE DUE ON DELIVERY" says it all.
lawyers wont do****, and buying a house is different then automobiles, first its just $1000 deposit, when you pay full msrp that’s different, believe me dillers wont do **** unless they’re agreement say so, waist of time
lawyers wont do****, and buying a house is different then automobiles, first its just $1000 deposit, when you pay full msrp that’s different, believe me dillers wont do **** unless they’re agreement say so, waist of time
It really depends on state laws. The type of transaction is irrelevant, agreements are written to protect the principals. If nothing in fine print then why have an agreement at all? It's worth a call to an attorney.
It really depends on state laws. The type of transaction is irrelevant, agreements are written to protect the principals. If nothing in fine print then why have an agreement at all? It's worth a call to an attorney.
lawyers wont do****, and buying a house is different then automobiles, first its just $1000 deposit, when you pay full msrp that’s different, believe me dillers wont do **** unless they’re agreement say so, waist of time
The amount of the deposit is irrelevant -- anything of value constitutes "consideration" and binds the contract.
This is about as solid as you can get pre delivery. It’s worth looking into it. If it doesn’t work out you can rest easy that you tried everything and there’s a chance you can scare the dealer straight or maybe even force them legally to honor the deal.
The dealer is banking on emotion that a buyer will have waited this long and hopefully has bought into the hype and won’t want to miss out. Or that a buyer gives up before even trying.
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Originally Posted by Hodog16
This is about as solid as you can get pre delivery. It’s worth looking into it. If it doesn’t work out you can rest easy that you tried everything and there’s a chance you can scare the dealer straight or maybe even force them legally to honor the deal.
The dealer is banking on emotion that a buyer will have waited this long and hopefully has bought into the hype and won’t want to miss out. Or that a buyer gives up before even trying.
I'm trying to work something out with them, I'd rather do good business than anything drastic, I'm sure there is a happy middle ground somewhere. lets see if they cooperate.
Of course BOTH PARTIES can mutually agree to dissolve any contract. What is it about this contract that provides for only one of the parties to break it?
09-22-2021 | 06:50 PM
G63 Markup discussion
