MissMelissaK profile image 89

Is the dealership trying to rip me off?


I would like to buy a 2013 Chevrolet Spark. The sticker price is $14,300. He told me that it's only a couple of hundred above invoice. According to truecar.com that is not true. Also, they offered me two scenarios with bad credit. One was a $3,000 deposit with $350 x 72 payments. The other was a $4,000 deposit with $325 x 72 payments. My trade in is a Ford Escape 2007 in good condition. I owe $7,225 on it. I have negative equity in the vehicle. I owe more than it's worth by $1,000 and then they have to resell it so its more like $3,000. I have 92k miles on it.

 

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junkseller profile image89

junkseller says

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3 years ago
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    cfin 3 years ago

    Agreed


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MissMelissaK profile image89

MissMelissaK says

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3 years ago
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    cfin 3 years ago

    Yup.


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lburmaster profile image78

lburmaster says

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3 years ago
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    MissMelissaK 3 years ago

    Ah thanks. The reason why is because my new job requires me to travel 50 miles a day. I thought that a nice econo car would cut my gas bill in half because the Escape gets 20 mpg and the Spark can get up to 47 mpg.


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David R Bradley profile image93

David R Bradley says

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3 years ago
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    cfin 3 years ago

    And no, I am not way off. I also have to feed my family and half the inquiries on my credit were illegal and put their by shady dealership. I have also helped dozens of people who have been burned by them. I have facts, you have opinions.


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cfin profile image78

cfin says

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3 years ago
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    cfin 3 years ago

    Also, avoid their "extra warranties" like the plague.


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