Dave
Washington,#2Consumer Comment
Fri, March 17, 2006
With all due respect, you did this totally backwards, and you, of all people, should have known better!! What do you mean they talked you into 'trying a lease'?? If you went in for a lease, you should have done your homework. If you did not go in for a lease but got talked into one, then you did not do your homework. As a financial person, did you warn your friend to look up all the leasing factors, formulate a deal based on those, and then go in there with a strategy? It doesn't sound like it. You went in there and were at the complete mercy of the dealer. At least that's what it sounds like to me. Did you research vehicle prices, down payments, residuals, interest rates, etc.? Did you have any idea of what constituted a good deal for this car, either leasing, or a cash deal? These guys may or may not be full of it. But you surely went in there with rose colored glasses. You had ZERO bargaining room because you had no idea what you were getting into. And no, I have nothing to do with the industry.