Notices
Buying/Leasing 350Z/370Z Purchasing Info

Are you locked in after signing a sales order?

Thread Tools
 
Search this Thread
 
Old Mar 8, 2007 | 08:03 PM
  #1  
foochdawg's Avatar
foochdawg
Thread Starter
New Member
20 Year Member
iTrader: (1)
 
Joined: Feb 2003
Posts: 502
Likes: 0
From: Pittsburgh, PA
Default Are you locked in after signing a sales order?

I am trading up to an '07 Z but I am looking over the sales order I signed for a dealer locate. And it looks like I screwed up and paid too much for the car. It has down that I paid $32,120 before taxes and everything. For an '07 Daytona Blue Enthusiast 6-Speed with floor mats, trunk mat, and aero package. When the Invoice according to consumer reports is $28,526 and the Nissanusa.com MSRP is $30,905. I am going to call them tomorrow and say what the hell is this but if I signed this(they haven't found a car yet) am I screwed? Also, does $21,000 seem high for a dealer trade in on a Great condition '05 Enthusiast with 20k miles? Because that is what they gave me for it. Did they inflate mt trade in to make it sound better and jack up the MSRP? I mean if I ***** and they lower the price $2k would they then lower the trade in value of the car to $19k? What are my options here?
Reply
Old Mar 8, 2007 | 08:08 PM
  #2  
kizzzottt's Avatar
kizzzottt
Registered User
 
Joined: Mar 2007
Posts: 63
Likes: 0
From: Charlotte, NC
Default

most state laws state that a car is not sold until it is delivered...in other words until you pull it off of the lot.
Reply
Old Mar 8, 2007 | 08:11 PM
  #3  
bofa's Avatar
bofa
Registered User
iTrader: (23)
 
Joined: Jul 2006
Posts: 2,001
Likes: 0
From: Jacksonville, FL
Default

It ain't over until you sign the finance paperwork.
Reply
Old Mar 8, 2007 | 08:13 PM
  #4  
VQ35DE350Zms's Avatar
VQ35DE350Zms
Registered User
 
Joined: Feb 2007
Posts: 78
Likes: 0
From: Albany
Default

good luck thats all i have to say
Reply
Old Mar 8, 2007 | 08:13 PM
  #5  
foochdawg's Avatar
foochdawg
Thread Starter
New Member
20 Year Member
iTrader: (1)
 
Joined: Feb 2003
Posts: 502
Likes: 0
From: Pittsburgh, PA
Default

What do you think about the prices though? You think they will lower the trade in value if I ***** and it would just be a pain in the *** with no benefit to try to lower the MSRP?
Reply
Old Mar 8, 2007 | 08:36 PM
  #6  
AlvinHuyN's Avatar
AlvinHuyN
Nismo 370Z #697
Premier Member
iTrader: (73)
 
Joined: Jan 2007
Posts: 4,580
Likes: 3
From: Los Angeles
Default

greta condition 05? That sounds normal to me that they give you 21k, nothing special about it...
Reply
Old Mar 8, 2007 | 09:56 PM
  #7  
Shift_Z33's Avatar
Shift_Z33
Registered User
iTrader: (15)
 
Joined: May 2006
Posts: 1,568
Likes: 0
From: FL
Default

It's sold once you sign the finance papers. You could lose your deposit maybe if you put one down.
Reply
Old Mar 8, 2007 | 10:04 PM
  #8  
sokudo9l6's Avatar
sokudo9l6
Registered User
iTrader: (2)
 
Joined: Nov 2004
Posts: 1,167
Likes: 0
From: Nor Cal
Default

32,000 before tax + fees? You're getting raped buddy. Go to another dealer...say something like i want to cancel my order because i got a better offer from another dealer...a LOT better deal.
Reply
Old Mar 8, 2007 | 10:19 PM
  #9  
Blacryan's Avatar
Blacryan
Registered User
iTrader: (3)
 
Joined: Dec 2006
Posts: 958
Likes: 0
From: Salem, Oregon
Default

Yeah, that is about what i paid for my 07 touring w/ everything but aero and nav.

I paid 32.6 OTD.
Reply
Old Mar 9, 2007 | 01:15 AM
  #10  
HighwaySpeed's Avatar
HighwaySpeed
Registered User
 
Joined: May 2004
Posts: 14,313
Likes: 0
From: USA
Exclamation

It ain't over until



sings!
Reply
Old Mar 9, 2007 | 03:25 AM
  #11  
realcom2's Avatar
realcom2
Registered User
 
Joined: Jun 2006
Posts: 186
Likes: 0
From: Illinois
Default

I heard about the whole its not sold until delivery too. In 2001 I signed the papers for a new car and even put a downpayment in for it. I I went to the dealership to cancel because i found a better deal and althought they claimed I could not cancel the contract I simply put a stop payment on my check for which cost me 25 dollars and never heard from them since then.
Reply
Old Mar 9, 2007 | 04:04 AM
  #12  
davidv's Avatar
davidv
Registered User
iTrader: (2)
 
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Default

The sales agreement is a contract. The dealer agrees to deliver the vehicle in a reasonable period of time. You agree to pay the amount stated. The contract cannot be altered unless both parties agree. Best of luck.
Reply
Old Mar 9, 2007 | 08:15 AM
  #13  
kizzzottt's Avatar
kizzzottt
Registered User
 
Joined: Mar 2007
Posts: 63
Likes: 0
From: Charlotte, NC
Default

Originally Posted by davidv
The sales agreement is a contract. The dealer agrees to deliver the vehicle in a reasonable period of time. You agree to pay the amount stated. The contract cannot be altered unless both parties agree. Best of luck.
Wrong- A sales contract is an agreement on price. A finance contract is an agreement on payment and terms. A sale is taking delivery of the vehicle.

You never bought the car until you took it off of the lot- Guaranteed...and it will stand up in court.

Sale= taking delivery...which means driving the biotch home.

Lets say you inked the deal and were supposed to come back the next day to pick it up and something happened to your trade on the way home- ie- not sold until its delivered.
Reply
Old Mar 9, 2007 | 08:19 AM
  #14  
Jay'Z's Avatar
Jay'Z
Banned
iTrader: (118)
 
Joined: Apr 2005
Posts: 10,944
Likes: 1
From: Carbon Fiber, TX
Default

This is good info to know!!
Reply
Old Mar 9, 2007 | 08:53 AM
  #15  
bofa's Avatar
bofa
Registered User
iTrader: (23)
 
Joined: Jul 2006
Posts: 2,001
Likes: 0
From: Jacksonville, FL
Default

Originally Posted by davidv
The sales agreement is a contract. The dealer agrees to deliver the vehicle in a reasonable period of time. You agree to pay the amount stated. The contract cannot be altered unless both parties agree. Best of luck.
This is only true if you've already paid for the vehicle.
Reply
Old Mar 9, 2007 | 01:12 PM
  #16  
Boostd4's Avatar
Boostd4
Registered User
iTrader: (1)
 
Joined: Jul 2006
Posts: 299
Likes: 0
From: Bay Area, CA
Default

With regards to the final price (you stated $32K) do you see line items for gap insurance, extended service agreements, or any additional services? The dealer I purchased from tried to sneak this stuff in on me, although I did get the gap insurance. They stated that they just "tack it on" to every car sold because "most" buy the options anyway.
Reply
Old Mar 9, 2007 | 02:32 PM
  #17  
kizzzottt's Avatar
kizzzottt
Registered User
 
Joined: Mar 2007
Posts: 63
Likes: 0
From: Charlotte, NC
Default

Originally Posted by Boostd4
With regards to the final price (you stated $32K) do you see line items for gap insurance, extended service agreements, or any additional services? The dealer I purchased from tried to sneak this stuff in on me, although I did get the gap insurance. They stated that they just "tack it on" to every car sold because "most" buy the options anyway.
good grounds for a lawsuit.
Reply
Old Mar 9, 2007 | 02:38 PM
  #18  
jackie chan's Avatar
jackie chan
Registered User
iTrader: (1)
 
Joined: Feb 2003
Posts: 6,268
Likes: 0
From: Orlando with the slow cars
Default

not a deal until the bank funds it really

but as a man generally its a deal when you give your word.
Reply
Old Mar 9, 2007 | 06:09 PM
  #19  
bailey bill's Avatar
bailey bill
Registered User
 
Joined: May 2006
Posts: 1,100
Likes: 2
From: sims, nc
Default

I wonder if any of you understand what a contract is?

"contract - An oral or written agreement between two or more parties which is enforceable by law."

http://www.utcourts.gov/resources/glossary.htm#c

I'm a real estate broker, developer, and home builder. I deal with contracts every day. If you sign a contract, you are bound to comply with the terms.

Stupidity does not void a contract.

bill
Reply
Old Mar 9, 2007 | 07:53 PM
  #20  
davidv's Avatar
davidv
Registered User
iTrader: (2)
 
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Default

Originally Posted by bailey bill
I wonder if any of you understand what a contract is?

"contract - An oral or written agreement between two or more parties which is enforceable by law."

http://www.utcourts.gov/resources/glossary.htm#c

I'm a real estate broker, developer, and home builder. I deal with contracts every day. If you sign a contract, you are bound to comply with the terms.

Stupidity does not void a contract.

bill
Thanks for weighing in. I avoided the term sales agreement, but instead used contract. And a contract is a legal agreement where two parties agree to exchange something of value. In this case a vehicle for money. Unless there is a clause stating so, the contract is irrevocable by either party.
Reply



All times are GMT -8. The time now is 05:44 PM.