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Are you locked in after signing a sales order?

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Old 03-08-2007, 08:03 PM
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foochdawg
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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?
Old 03-08-2007, 08:08 PM
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kizzzottt
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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.
Old 03-08-2007, 08:11 PM
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bofa
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It ain't over until you sign the finance paperwork.
Old 03-08-2007, 08:13 PM
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VQ35DE350Zms
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good luck thats all i have to say
Old 03-08-2007, 08:13 PM
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foochdawg
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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?
Old 03-08-2007, 08:36 PM
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AlvinHuyN
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greta condition 05? That sounds normal to me that they give you 21k, nothing special about it...
Old 03-08-2007, 09:56 PM
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Shift_Z33
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It's sold once you sign the finance papers. You could lose your deposit maybe if you put one down.
Old 03-08-2007, 10:04 PM
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sokudo9l6
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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.
Old 03-08-2007, 10:19 PM
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Blacryan
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Yeah, that is about what i paid for my 07 touring w/ everything but aero and nav.

I paid 32.6 OTD.
Old 03-09-2007, 01:15 AM
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HighwaySpeed
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Exclamation

It ain't over until



sings!
Old 03-09-2007, 03:25 AM
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realcom2
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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.
Old 03-09-2007, 04:04 AM
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davidv
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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.
Old 03-09-2007, 08:15 AM
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kizzzottt
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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.
Old 03-09-2007, 08:19 AM
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Jay'Z
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This is good info to know!!
Old 03-09-2007, 08:53 AM
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bofa
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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.
Old 03-09-2007, 01:12 PM
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Boostd4
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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.
Old 03-09-2007, 02:32 PM
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kizzzottt
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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.
Old 03-09-2007, 02:38 PM
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jackie chan
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not a deal until the bank funds it really

but as a man generally its a deal when you give your word.
Old 03-09-2007, 06:09 PM
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bailey bill
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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
Old 03-09-2007, 07:53 PM
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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.


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