Legal Question on Dealer Pricing

Asked by Andrew Aug 26, 2019 at 02:48 PM

Question type: Shopping & Pricing

A dealer listed a price for a vehicle for sale at a particular price and there were
no preconditions regarding that price listed on car gurus.  I tried to purchase the
car for cash at that price and was told by the dealership that I would have to
finance the vehicle to get that price.  Is this legal in Louisiana.

2 Answers
40,140

TDolby answered 4 years ago

Car dealers get kickbacks from the banks if you finance through them. A cash deal they make no extra money nor commission for the finance staff. If you are getting a better deal to finance, run the numbers. Usually you have to keep the loan for a few months before you can pay it off. So if you get $1500 off and pay only $300 in finance for those three months, your $1200 ahead.

1 people found this helpful.
Mark helpful

F_O_R answered 4 years ago

I have been high pressured to take a loan at the dealer. Rather than argue with the azzholes I took the loan and paid it off the next day. They were pissed but revenge is sweet.

1 people found this helpful.
Mark helpful

Your Answer:

Related Questions

  • Legal Question on Dealer Pricing 2 Answers

    A dealer listed a price for a vehicle for sale at a particular price and there were no preconditions regarding that price listed on car gurus. I tried to purchase the car for cash at that price and...

    Mazda

    -

    Shopping & Pricing

  • Pricing on my car 1 Answer

    How do I change my asking price on my car?

    2014 Mazda MX-5 Miata Club Convertible

    -

    Shopping & Pricing

  • Pricing problem 1 Answer

    Why does CarGurus say my asking price in my ad is high when I used their pricing guide to get to an asking price they call fair? Are they trying to sabotage my chances of making a sale?

    2015 Mazda MAZDA6 i Sport

    -

    Shopping & Pricing

  • Question about Liens on Titles...... 4 Answers

    I should have made this clear in my last question. I am buying a car remotely. The seller lives 2500 miles away. What is the best way to handle removing a lien against the title when I cannot p...

    2001 Mazda MX-5 Miata SE

    -

    Shopping & Pricing

  • bait and switch pricing 2 Answers

    What should I do when the dealer I've requested information from immediately changes the price listed on this website for the vehicle I've expressed interested in?

    2018 Mazda MAZDA3 Touring

    -

    Shopping & Pricing

Mazda

Looking for a Used Mazda in your area?

CarGurus has 9,581 nationwide Mazda listings starting at $1,999.

Postal Code:

Shortcuts

Search Mazda Questions

CarGurus Experts

  • #1
    Racer_X
    Reputation
    4,410
  • #2
    Michael Kane
    Reputation
    3,920
  • #3
    Gene Arnett
    Reputation
    3,810
View All

Find great deals from top-rated dealers

Search

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.