Bull Poop!

He's lazy and doesn't want to have to submit the paperwork (they need submit paperwork with a copy of your diploma etc...)

My fiance just bought a 2014 Civic and was eligible for the credit. I had the diploma in the car in a big frame that didn't come apart easily, so I took a picture of it with my phone, and emailed it to him. That's all the verification they required. No requirement for working in the field.

 

Wow!!!! What a typical scumb*g of a salesman. I did forget to mention that at the end of the conversation he was like "let me talk to my manager to see what I can do"....so would you recommend that I take my money and go elsewhere?? Also they better not want to give me my $500 back!!!

 

Yes. If I am ever mistreated or manipulated for trying to PAY someone money, I walk away. I would rather get a worse deal from a nice, responsive dealer than give my money to an a-hole. But that's just a personal choice.

 

I got approved for the College Grad Program just fine, however the guy who did my paperwork found a better financing deal for me through a bank (it offered a lower interest rate). He said I would actually be paying more (in interest) if I went through Honda financing, because the Grad Program is mainly for people with limited/no credit. So even though the $500 off sounds appealing, it may not be the best deal!

 

First of all thanks for the responses, I do appreciate it.

Okay so now that I know he's BSING me I think tomorrow morning I will go there and demand my $500 deposit back. There shouldn't be an issue with this correct? The same guy told me I can always get my money back, but then again at this point I don't believe anything he is saying.

Third, to your point I actually don't have good credit because I have outstanding medical bills but my uncle who has outstanding credit is will to cosign for me so that shouldn't be an issue.

 

I'm not a financial advisor or anything, but if you're in debt like that I would think long and hard about buying a brand new car in general. Seems to not add up to me. Just a thought!

 

I would second that advice. Now is the time to be paying off your debts, not adding to them by using credit to purchase a depreciating asset.

There are plenty of nice used cars available for less than half the cost of a new Fit.

 

I'm paying off my student loans first, and then going to pay off some medical bills. I don't owe a huge amount that would hinder me greatly. But I do need a car right now, and I want one that will last me a solid 10+ years.

 

I would not pretend to know your financial situation, but it sounds like you have a plan and that is what it takes to stay out of financial trouble.

As far as sound financial decisions go, buying a Honda fit is one of the most sound. It will provide you a warranty that you can count on for 3 years on everything and 5 years on the drivetrain and it is one of the most reliable cars on the market after that. So compared to many used car choices, a new Fit may actually cost you less over the course of 5 years or more.

The mistake many young people make is that they buy a new car because they want one and then in just a couple years decide they want a different one and trade the first car before they have even paid enough off so that they are not up-side -down of the trade. And the next thing you know they owe $40,000 on a car loan for a car worth $25,000. Or worse yet, they have committed themselves to a $600/month lease for 5 years at the end of which they own nothing.

As long as you have a job and are making a needed car purchase of a Honda Fit, you will not be on the road to financial ruin.

 

Thanks for the support but I completely agree with you about having a healthy practical plan to get yourself out of debt. As far as my situtation I do a need car right now as a necessity not a luxury. I also would like to note that I've been doing research on cars for about 6-9 months and have narrowed it down to basically the Fit. I feel it is the best all around car money could buy for about $20k.

As far as my situation with my local dealer, what would be the best way to approach this TCroly? Is it possible to find my car at another dealer quicker? I'm looking for an EX-CVT probably in either blue, red or the dark grey (Modern Steel Metallic) and I am hoping to buy one before the 4th of July

 

You live in a big metropolitan area, there are probably a dozen Honda dealers within 100 miles of where you live. Use cars.com to see what inventories other dealers might have and email them an inquiry. As long as you are flexible on color, you will be able to find an EX CVT sitting on a lot ready to buy.

Also, I don't know the rules on the $500 college graduate rebate, but if you must fiancé through Honda to get it, remember, you can always refinance the car with a bank or credit union later if you can get a better rate than the Honda rate.

 

The details are on Honda's site. It does require that you finance through Honda and you do not have to work in the field your degree is in.

 

1. EX, CVT, Modern Steel. No accessories
2. Evansville, IN
3. MSRP. $19,025
4. $18,591

 

I need some help from anyone who can take this email and explain it to me. The Subject was: Duplicate Lead:

 

White EX MT purchased in Reading, PA

MSRP - $18,225.00
Tax - $1093.50
Title, Reg - $249.40

OTD Total - $19,567.90

 

Sure, the dealer is saying that if you come in and put a deposit down, then when the first cars come in, you will have your choice as to whether you want to buy that car, before they offer to sell it to someone else. If it is not the color you want, or if you somehow do not like that particular Fit, then you wait for the next one to arrive and look at that one. Whether your deposit is totally refundable, should you decide not to buy a fit at all, is something you want to get in writing from the dealer.

 

That's cool! I am just surprised to see that the dealer did not charge a doc fee, typically they charge between $149 and $699 and in some cases is just another place they make money on you.

 

I basically told the salesman, "I am going to buy one of these cars so it may as well be from you, assuming you are willing to sell it to me for this price" I got no argument from him.

 

Thank you...I will ask about the fact and get it in writing that it is completely refundable. I think I may be ready to deal if it is. All set with pricing pretty settled on a blue EX-L. I will wait for what I want...thanks again...

Sas.

 

I put a $500 deposit on a car and I was told that my deposit is completely refundable, however I did not get that in writing.....would they not want to give it back to me? If they refuse, is there anything can do? I did sign something though. ...