A DRIVER claimed they could be in a pickle as Nissan told them their approval for a car expired after making them jump through hoops.
The vehicle buyer went to a community on Reddit dedicated to conversations regarding personal finance to ask for advice about their situation.
The user who goes by the name of Non-Muggle-Wolf-Mama (@cmhopkins7443) on the platform explained that they purchased a car from a Nissan dealership on February 29.
“They called me a week after purchase to sign a new finance agreement saying they found me more favorable terms,” they added in the post.
“Which was a $100 reduction in my monthly payment.”
The driver then said they received another call around March 15 from Nissan.
“To say that I needed to get my employer to do a verbal verification of employment, even though I provided a VOE (Verification of Employment) and VOI (value on investment),” the individual stated.
“I had my employer do that verbal VOE and called the dealership back to make sure we were in the clear.”
Then something completely unexpected happened in their process.
“I was told that the finance manager who I originally worked with was no longer there because he got fired,” the Redditor stated.
“But this should take care of things.”
After giving some background about the situation to set up the question they wanted advice for, the driver said that they’d gotten a call from “the fired finance manager” on the day they made the post.
“And am told that my approval has expired and that the finance company will no longer approve my deal for my specific car,” they stressed.
“He even said that this never happens. Now he wants me to bring him the car back so he can TRY and get me into another car just like it. He says worst-case scenario I get my deposit back.”
That’s when the user asked if there was anything they could do to prevent it from happening.
Over 500 Reddit users responded with suggestions for the driver.
Dealership Tips
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
One person encouraged them to really consider the situation they’re dealing with and the fact that the former employee they were doing their paperwork with no longer works at the dealership.
“The person who no longer works there wants you to give them your car to take back? HUH,” the individual started in their response.
“Stop and think for a second. If this isn’t made up, just call the dealership and talk to them, also let them know the guy they fired is doing f**ky things.”
Another person shared similar sentiments.
“My first thought is that the former finance manager was up to something shady,” they said in their comment.
“I can not imagine a car dealership finance manager trying to redo a completed transaction ‘because I found the customer a better deal,’ I think you need to talk to the actual dealership,
“Ignore the finance manager who got fired – he’s no longer representing the dealership and has no authority.”
I was told to return my Nissan 2 weeks after buying #told #return #Nissan #weeks #buying
Source Link: https://www.the-sun.com/motors/11982455/return-nissan-weeks-buying-dealer-loophole-nothing/amp/
I was told to return my Nissan 2 weeks after buying:
A DRIVER claimed they could be in a pickle as Nissan told them their approval for a car expired afte…
