Saturday, July 16, 2011

Could this be a Scam??

Say you purchased a new car on a Tuesday from Jim Glover Chevrolet in Tulsa, Oklahoma. You use the Chevrolet incentive rate of 2.9% to finance the your new automobile. You say NO to the GAP insurance and the additional three year warranty service they try to sell you.

So you have actually stopped them from getting the kick back from the bank they were going to use (5.9% interest), the extra cash they get from selling the GAP insurance and they make nothing from the company that sells the warranty coverage. Finance guy was PISSED to say the least about this, especially since NO ONE knew about the incentive rate......like the manager of the car lot had to look it up on his computer cause NO ONE at Jim Glover Chevrolet knew about the Chevrolet's incentives.

THEN on Saturday your salesman at Jim Glover Chevrolet calls you and says you have to come in and re sign your finance papers as the Chevrolet financing fell through.

Have you ever hear of such a thing???? Is this a scam??? I have been up set about this all day. Why would they let the car leave the lot if the credit had not been approved by Chevrolet? Isn't that what took the finance guy TWO hours to process the paper work??

I am afraid Jim Glover Chevrolet has a scam of some sort going on ........ thoughts???

1 comment:

Jared Glover said...

Francy,
We hold the complete satisfaction of each of our customers to a high level. I noticed your post, and wanted to take a minute to respond to your concerns. Sometimes there is a situation where a particular bank or credit union may not give the dealer an approval for 24-48 hours. The specific bank or credit union sets the final interest rate for your auto loan, not the dealership. I would love to speak with you in person about your vehicle purchase. We can pull the details of your purchase and go over the paperwork with you, to further explain the transaction. This way, you will be more comfortable knowing the details of your purchase and have peace of mind knowing that you have dealt with a dealership based on honesty and integrity. Please call me at my office number, leave a message if I can't answer, I will call you back as soon as possible. Jared Glover, 918-660-7549