A COUPLE tried to use their 2011 Infiniti QX80 luxury SUV marketed at $8,047 as a trade-in - the salesman said it was worth $2,000. Some reactions to her Facebook post said dealerships will "bend you over." Denise Whatley Hord and her husband were looking to buy a new car and looked to use their 2011 Infiniti QX80 as a trade-in.
Kelley Blue Book, a website used to determine the market value of a vehicle based on a variety of factors, states her vehicle in good condition would be worth $8,047 . Hord took to Facebook to vent about her shock and outrage when a salesman told her the luxury SUV was worth much less than that. "We went to a car dealership today and test drive a vehicle we really liked," Hord wrote in a post earlier this July.
Read More about Trade Ins "We sat down in the office to talk about the price, and said we wanted to trade in my vehicle and they came back with a price of $2,000 for the trade-in!" Hord was outraged, having been told a figure that was $6,000 less than what she was expecting. She wrote that her offense was taken out on the salesman. "I stood up and said a few unladylike words - sorry Mom and Dad, I know you taught me better - and walked out," she continued.
Most read in Motors Her husband, Jimmy, stayed to talk with the salesman. She later found out the salesman was shocked by her reaction. "Jimmy stayed and talked with them more, and he said the salesman said, 'Oh, I didn't mean to make her mad,'" she said.
To her friends and followers, she said the most frustrating part was the profit the dealership would make on her vehicle if they gave her $2,000. "You know they're going to sell my vehicle for $10,000 or more," she wrote. "Shame on you, my Infiniti is worth more than $2,000!" Her post had 25 reactions, 19 comments, and two shares, all of them sympathetic towards her situation.
One of her friends who claimed to work for dealerships wrote they weren't surprised by their decision. Here are some expert tips when purchasing a car from a dealership lot: 1. Set your price: Ensure you've calculated your monthly budget before going to the lot.
You should include the car's loan payment, insurance costs, fuel, and regular maintenance. 2. Research: Make sure you know which cars you're interested in test driving before you reach the dealership.
3. Pre-approval: Secure financing before you go to the dealership. Dealerships may give you a better interest rate if they are competing with an outside bank.
4. Test away: Get behind the wheel before making any payments. A car purchase will be worth thousands of dollars - drivers should ensure they like the drivetrain, steering feel, and comfort of the car before taking it off the lot 5.
Haggle: Drivers should always try to negotiate the price. There are so many good cars on the American market - buyers have a strong hand when negotiating price. Source: Kelley Blue Book "F*** dealerships!" they wrote.
"Sell it yourself. I work at a lot of dealers and they will always bend you over!" Someone else wrote they decided to sell their vehicle privately rather than go through a dealership after a similar experience. "I was going to trade mine in and it only had 7,000 miles on it, but I knew better than to go," they wrote.
"Definitely sell it on your own." Read More on The US Sun Another one of Hord's friends made a comment referring to her apology to her parents for acting out. "Mom and dad would be proud of your resilience, and would have done the same thing," they wrote.
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