Aafes
Viernheim,#2Consumer Comment
Wed, September 05, 2007
You will rarely see a rebate for a new car purchase go into your pocket. If there is any profession that is highly experienced at fudging the numbers it is new car sales. The rebate will either be deducted and then written back into your purchase agreement or if they obtain the financing you will never receive it. FEW if any lenders will loan you money to buy a new car and then let you walk with the rebate check - at a minimum, most will expect the check to be signed over to them to apply to the loan. The lender has no incentive to let you keep a rebate. They are well aware you are overcharged for the car in almost all cases and the second you drive the new car from the lot it becomes a used car - we all know the resale value drops signifigantly when you turn onto the street and with every mile driven thereafter. The only way you ever walk with one of these rebates is to go into the dealership with a certified check for a car purchase BEFORE you sign a sales contract. If you get a lender to approve you and cut a check, THEN make the deal, if you are attentive and don't let the salesman fudge the numbers you will get the rebate.
Karl
Clovis,#3Consumer Suggestion
Tue, September 04, 2007
I can't believe this. These people should have discounted the car, deducted the rebate (it would go back to the dealer) and charged you a decent interest rate. It sounds as though you bought the car from them. This is a new car -normally at the end of the year GM is offering 0% financing (at full sticker and no rebate), or a rebate and a discount or SOMETHING. Why didn't you shop around? There are many, many Chevy dealers in Houston. Why did you deal with this one given the "deal" that they handed you?