From: The Older Gentleman on
Vito <vito(a)cfl.rr.com> wrote:

> A Brit I worked with circa 1960 blamed it on credit. Credit was easy in the
> US but a Brit might be expected to put down as much as 50% of the price of a
> car or bike.

Back then, yes, that was true. In my formative biking years, in the
mid-1970s, credit was still quite tough to get.


--
BMW K1100LT Ducati 750SS Honda CB400F Triumph Street Triple
Suzuki TS250ER GN250 Damn, back to six bikes!
Try Googling before asking a damn silly question.
chateau dot murray at idnet dot com
From: Bruce Richmond on
On Mar 13, 12:16 am, "don (Calgary)" <hd.f...(a)telus.net> wrote:
> On Fri, 12 Mar 2010 22:25:57 -0500, "Datesfat Chicks"
>
>
>
>
>
> <datesfat.chi...(a)gmail.com> wrote:
> >"don (Calgary)" <hd.f...(a)telus.net> wrote in message
> >news:gdtlp5133b3qvceorplrj3q7prb0kjmkbk(a)4ax.com...
> >> On Fri, 12 Mar 2010 21:15:17 -0500, "Datesfat Chicks"
> >> <datesfat.chi...(a)gmail.com> wrote:
>
> >>>"don (Calgary)" <hd.f...(a)telus.net> wrote in message
> >>>news:j3klp5pvm6hb8op0kvs2mtiobceru0pf98(a)4ax.com...
>
> >>>> Now I had the bike so we couldn't talk trade in value, but the
> >>>> salesman suggests since the only thing holding me back from buying the
> >>>> Santa Fe is the value of my trade, he tells me we can write a deal
> >>>> with whatever I want for my trade, subject to viewing. Geez, I must
> >>>> look dumb.
>
> >>>> I let him know the only thing holding back this deal is whether or not
> >>>> I actually want to buy the vehicle and he can forget about me making
> >>>> any kind of a one way offer.
>
> >>>What do you mean by "one way offer"?  I don't fully understand that
> >>>statement.
>
> >>>Thanks, Datesfat
>
> >> It's the old get the customer to sign an offer scenario. I would sign
> >> an offer that would commit me to the purchase but  because of the
> >> "subject to viewing" clause the dealer could back away from it by
> >> rejecting my trade. It's just a variation of the old school car sales
> >> technique where they get you to sign an offer sheet so the salesman
> >> could take it to their manager. The manager rejects it and the
> >> salesman comes back to squeeze more money out of you.
>
> >> Hence it is a one way offer in that it would only commit me to the
> >> deal.
>
> >This is rather interesting.
>
> >Now, how would they have played it if you had actually used the "trade-in"
> >vehicle to transport you to the dealership?  Do they just drop the "subject
> >to viewing" trick or substitute something interesting in its place?
>
> >Thanks, Datesfat
>
>  If you have ever been involved in the field of professional sales you
> know it is very much a scripted process. and it starts the moment you
> walk into the retail outlet.
>
> Bottom line, at the end of the sales process they will "ask for the
> sale". That could be getting you to sign an offer to purchase or by
> asking a question like "would you like the red one or the silver one".
>
> Although I thought car dealers had dropped the procedure, typically
> the salesperson would encourage the customer to sign an offer to
> purchase.  The salesperson would then take the signed offer to the
> manager for approval, even if the offer is ridiculous. The point is to
> get you to commit to buying the vehicle. "Ask for the sale". Since the
> dealer is not committed to your offer they retain control of the
> negotiating process.
>
> Once they get you to sign an offer, knowing the manager will reject
> it, you are on the slippery slope to buying the vehicle.

Uh, no. If the sales person made an offer and the manager rejected it
then I have no reason to speak to the salesman any further. If they
reject an offer that I made I am not commited to make another one.
And I am prepared to leave if they try to add any charges after the
agreement was made.

> Once I added a subject to an offer I signed. I added my offer is
> subject to the approval of my wife. Of course I was mocking the
> process, but it did serve to make the dealer commit to a selling price
> while I retained an off ramp. They kinda choked over that one.- Hide quoted text -
>
> - Show quoted text -

From: don (Calgary) on
On Sun, 14 Mar 2010 15:54:59 -0700 (PDT), Bruce Richmond
<bsr3997(a)my-deja.com> wrote:

>> Once they get you to sign an offer, knowing the manager will reject
>> it, you are on the slippery slope to buying the vehicle.
>
>Uh, no. If the sales person made an offer and the manager rejected it
>then I have no reason to speak to the salesman any further. If they
>reject an offer that I made I am not commited to make another one.
>And I am prepared to leave if they try to add any charges after the
>agreement was made.

Of course you are correct in that you are free to walk away at any
time after your offer is rejected, but many don't. When the sales
process is examined, getting the customer into this stage is almost a
guaranteed sale, especially if the dealer is working with an
inexperienced or easily intimidated buyer. I doubt you fall into
either category.
From: Bruce Richmond on
On Mar 13, 3:10 pm, "don (Calgary)" <hd.f...(a)telus.net> wrote:
> On Sat, 13 Mar 2010 19:02:11 GMT, nob...(a)xmission.com (Scott) wrote:
> >On Sat, 13 Mar 2010 03:14:09 GMT, in rec.motorcycles, "don (Calgary)"
> ><hd.f...(a)telus.net> wrote:
>
> >>I have thought of that. I have the XJ6, which is a terrific car to
> >>drive and is really in incredible condition for it's age. It can use a
> >>paint job and some work on the upholstery to be in near perfect
> >>condition. I am on the edge of throwing a bunch of money at it and
> >>then use it as my daily driver. The downside is I could never recover
> >>the improvement money if I wanted to sell it. They are just not worth
> >>much, regardless of the condition. Right now I could sell it for what
> >>I have in it. Investing five grand in paint and upholstery work
> >>wouldn't increase the selling price.
>
> >I've known several people that resisted the idea of putting money into
> >overhauling an older vehicle for just that reason, that they would never be
> >able to get that money back out in a sale.  And then these same people
> >boogie down to the car lot and trade in the old car to buy a brand new one.
> >I never could figure that one out.
>
> It is a matter of value, value to the owner. If I throw $5k at the XJ
> I will have a very nice car to use as a daily driver. If I keep the
> car for say another five to ten years it is money well spent and good
> value for me.
>
> Of course if I turn around and sell it it is a crappy deal for me but
> great value for the buyer.- Hide quoted text -
>
> - Show quoted text -

So don't sell it! It makes me want to puke when I hear yuppies talk
about how they would like to do this or that to their vehicle, but
they don't because of how it would affect the resale value. (No, I'm
not calling you a yuppie.) If $5k gets you five to ten years in a car
that you like then you got a good deal. Hell, you can lose that much
driving a new car off the dealer's lot.
From: Bruce Richmond on
On Mar 14, 9:17 am, totallydeadmail...(a)yahoo.co.uk (The Older
Gentleman) wrote:
> Dean Hoffman <dh0496(a)in#&ebr^as^#ka.com> wrote:
> > Oh, and
> > there is a sales tax when buying a new vehicle or on the repair parts.
>
> There's a sales tax on just about everything anywhere these days.
>
> It's 17.5% on most things, for us. Some things are zero-rated, though.
> Children's clothing. Food (but not confectionery, which causes some odd
> anomalies: cakes are tax-free but biscuits aren't). Protective clothing
> (so motorcycle helmets, boots and other items are tax-free: huzzah!).
> And all reading matter - books, magazines, newspapers.
>
> Tell me: is reading matter subject to sales tax in the US?

We have no sales or income tax in New Hampshire. Adults are not
required to wear seat belts or motorcycle helmets. Did I mention our
state moto is "Live free or die"?