Customer asked to pay in full before taking delivery

[Steebu]

tldr; man put a $500 deposit on a Yukon, then 2 weeks before the stated delivery date he was asked to pay for the Yukon in full or lose it.

Even if it *is* legal and a practice approved by GM, it just sounds so scummy.

Man stunned when GM dealer says pay for Yukon weeks before possession or lose it

A Livingston County family was eagerly anticipating a brand new GMC Yukon when they got an unexpected phone call from the dealership.

www.wxyz.com

 

[wjburken]

tldr; man put a $500 deposit on a Yukon, then 2 weeks before the stated delivery date he was asked to pay for the Yukon in full or lose it.

Even if it *is* legal and a practice approved by GM, it just sounds so scummy.

Man stunned when GM dealer says pay for Yukon weeks before possession or lose it

A Livingston County family was eagerly anticipating a brand new GMC Yukon when they got an unexpected phone call from the dealership.

www.wxyz.com

Not only pay in full, but get insurance on it and maybe start making payments, if I read correctly. The dealership said they will “make an exception” for this guy. Seems rather underhanded to me.

 

[Stbentoak]

Sorry, but that ain't ever going to happen. What if there are defects upon delivery? They don't get my money till I see it in 3D and I am happy with the deliverable. We don't even head for the finance office till I've looked it over for a good 30 min and tried out a fair share of its options....

 

[BrokerThis]

I am sure GM corporate would love hearing that the Dealership is writing up sales invoices that are 3 weeks earlier than they take possession. I would keep an eye on this report for a follow up from a GM rep, since the news Channel is 15 mins away from HQ

 

[Quark]

Why would anyone buy a vehicle without test driving it first?

 

[Yukon21Denali]

It’s a common practice with new Corvettes, customer is required to pay as soon as dealer is invoiced. This keeps the avg day inventory to minimum thereby bagging those dealers more allocations from GM. Yukon’s being a hot potato lately, no wonder they are doing the same thing.

 

[m1949]

tldr; man put a $500 deposit on a Yukon, then 2 weeks before the stated delivery date he was asked to pay for the Yukon in full or lose it.

Even if it *is* legal and a practice approved by GM, it just sounds so scummy.

Man stunned when GM dealer says pay for Yukon weeks before possession or lose it

A Livingston County family was eagerly anticipating a brand new GMC Yukon when they got an unexpected phone call from the dealership.

www.wxyz.com

This sucks! Whether legal and sanctioned by GM doesn't make it morally right. Furthermore, what comes around goes around. Dealers who engage in this slimey practice will have a day of reckoning! The practices of some of these trash car dealers remind me of the corrupt practices of the Soviet, and now Russian Oligarchs who manage(d) that failed nations' distribution of goods.

 

[Quark]

This sucks! Whether legal and sanctioned by GM doesn't make it morally right. Furthermore, what comes around goes around. Dealers who engage in this slimey practice will have a day of reckoning! The practices of some of these trash car dealers remind me of the corrupt practices of the Soviet, and now Russian Oligarchs who manage(d) that failed nations' distribution of goods.

Back in the day we had this concept where we would just walk away.

 

[Erickk120]

I would U turn and say **** off and leave.

 

[m1949]

Back in the day we had this concept where we would just walk away.

Yup. But when the law of supply and demand, which in normal circumstances raises prices and establishes market practices based on increases in material and production costs due to increased consumer demand, morph's into prices and practices being driven on the demand side by fevered consumer product envy and by greed on the supply side we wind up with car dealers who add surcharges to MSRP and want full payment before they will deliver product. And, since greed is insatiable, the demands by manufacturers and dealers will continue to escalate until enough consumers are forced to stop buying which will cause the ratio of demand to balance with the manufacturers and dealers ability to supply.

Here's a novel idea for responding to this mess: Perhaps we consumers should take a lesson from the Cubans who for decades during the Cold War responded to lack of available new cars by maintaining and repairing their old models!