Massively ripped of at a "car supermarket" Tell or not?

Massively ripped of at a "car supermarket" Tell or not?

Author
Discussion

nick s

Original Poster:

1,371 posts

219 months

Wednesday 28th August 2013
quotequote all
After some opinions here.. A colleague has just bought himself a "new" car from one of these Car Supermarkets, and is absolutely chuffed to bits. Unfortunately he's their perfect customer, and they saw him coming a mile off! I'll outline briefly what he's done.

Gone in there with his 57 plate Corsa (worth £2500) and £2000 cash. Test drove an 08 Audi A3 TDI sport 170 with 53,000 miles and loved it. Started talking figures, and when they asked him what he wanted for his car, he thought he'd be cheeky and say £3000. They agreed of course, and he's now thinking they are the mugs and they are giving him an amazing deal.

Now the shocking part.... The Audi was up for £13700!!! So with his £3000 trade in, and £2000 cash, he "only" needed to get £8700 on their finance. They again impressed him with a monthly repayment figure, which he didn't bother to work out. £195 x 60 months. So he's essentially now paying £16700 over 5 years for this A3... EXACT same spec on Autotrader are around the £9000 mark. So he's paying almost double the true value of the car! they will be laughing at him, as they have effectively taken his Corsa and £2000 savings from him for absolutely nothing. He's still paying the full value of what that car is truly worth.

So he's been completely done over. Some would say it's his fault for being stupid and not doing his research. But the purpose for this thread is this... Should I tell him? Could he take the car back to them, or would I just been taking the shine off his new car purchase, and making him feel completely rubbish about it? I only want to tell him if he has a chance of cancelling the whole deal!

SLCZ3

1,208 posts

207 months

Wednesday 28th August 2013
quotequote all
People generally only learn from their mistakesfrown, soget him to get on here and he can be educated. wink

funkyrobot

18,789 posts

230 months

Wednesday 28th August 2013
quotequote all
My work colleague bought a vehicle from a car supermarket about 7 months ago.

It was a massively overpriced 57 plate Punto and he took out five year finance.

It has been problematic since he got it too (dodgy throttle body, dodgy clutch, dodgy dashboard, greabox oil leaks, EML has been on etc) and he has had to pay for some of the repairs, despite having a long warranty. Some of the problems were there when he bought it.

Oh well. You live and learn. smile

HonestIago

1,719 posts

188 months

Wednesday 28th August 2013
quotequote all
nick s said:
After some opinions here.. A colleague has just bought himself a "new" car from one of these Car Supermarkets, and is absolutely chuffed to bits. Unfortunately he's their perfect customer, and they saw him coming a mile off! I'll outline briefly what he's done.

Gone in there with his 57 plate Corsa (worth £2500) and £2000 cash. Test drove an 08 Audi A3 TDI sport 170 with 53,000 miles and loved it. Started talking figures, and when they asked him what he wanted for his car, he thought he'd be cheeky and say £3000. They agreed of course, and he's now thinking they are the mugs and they are giving him an amazing deal.

Now the shocking part.... The Audi was up for £13700!!! So with his £3000 trade in, and £2000 cash, he "only" needed to get £8700 on their finance. They again impressed him with a monthly repayment figure, which he didn't bother to work out. £195 x 60 months. So he's essentially now paying £16700 over 5 years for this A3... EXACT same spec on Autotrader are around the £9000 mark. So he's paying almost double the true value of the car! they will be laughing at him, as they have effectively taken his Corsa and £2000 savings from him for absolutely nothing. He's still paying the full value of what that car is truly worth.

So he's been completely done over. Some would say it's his fault for being stupid and not doing his research. But the purpose for this thread is this... Should I tell him? Could he take the car back to them, or would I just been taking the shine off his new car purchase, and making him feel completely rubbish about it? I only want to tell him if he has a chance of cancelling the whole deal!
Please tell me their age, occupation and approximate salary so I can decide just how hard to laugh.

sandman77

2,451 posts

140 months

Wednesday 28th August 2013
quotequote all
Someone buys a new car and is as pleased as punch with both the car and the deal he got. Why would you want to come along and piss all over his chips?

Leave him be.

IroningMan

10,154 posts

248 months

Wednesday 28th August 2013
quotequote all
He will not thank you for pointing out that he's been bent over.

Kentish

15,169 posts

236 months

Wednesday 28th August 2013
quotequote all
I'd just keep quiet; friendships can be ruined by this sort of thing so best to just nod and say nowt.

His perception if you say anything could be that of you being green with envy.

SiH

1,829 posts

249 months

Wednesday 28th August 2013
quotequote all
I must have missed the part where they held a gun to his head and made him sign the finance agreeement. I did see the bit where you describe that he made no attempt to work out a total amount repayable based on the monthly repayment figure that they offered. The cotton wool wrapping needs to come off at some stage and people have to take some responsibility for their actions; even if that means, in your opinion, that they pay over the odds for a car.
If he's chuffed to bits then why piss on his parade? Frankly that would be a sh**ty thing to do.

g3org3y

20,706 posts

193 months

Wednesday 28th August 2013
quotequote all
Kentish said:
I'd just keep quiet; friendships can be ruined by this sort of thing so best to just nod and say nowt.

His perception if you say anything could be that of you being green with envy.
Agreed tbh.

Edit to add - no-one can put a price on the Imagine.

Edited by g3org3y on Wednesday 28th August 11:35

CraigyMc

16,551 posts

238 months

Wednesday 28th August 2013
quotequote all
He's not been ripped off.

Not checking what you're paying for stuff isn't a ripoff, it's just idiocy.

C

Megaflow

9,496 posts

227 months

Wednesday 28th August 2013
quotequote all
What's that line about fools and money?

Prizam

2,377 posts

143 months

Wednesday 28th August 2013
quotequote all
Natural Selection

funkyrobot

18,789 posts

230 months

Wednesday 28th August 2013
quotequote all
Megaflow said:
What's that line about fools and money?
Fools think money is food and try to eat it when hungry?

nick s

Original Poster:

1,371 posts

219 months

Wednesday 28th August 2013
quotequote all
That's what I was after! Ok i'll just leave him to it. I guess you're all right. I just genuinely feel sorry for him, and every time I look over at him it bothers me! I hate seeing things like that happen to people!

Genuinely not trying to piss on his chips! Just concerned for him, but I see exactly how it might come across...

Grey Ghost

4,583 posts

222 months

Wednesday 28th August 2013
quotequote all
Caveat Emptor

Jessicus

374 posts

148 months

Wednesday 28th August 2013
quotequote all
What is the benefit to anybody of telling him that you think he's been done over? You feel smug, he feels like st.

If it was before the purchase, then yes, you could have informed him of your opinion. Now, when nothing can be done about it, what is the point? You'll sound like a wker, and any happiness from his purchase will be blown away.

bazza white

3,581 posts

130 months

Wednesday 28th August 2013
quotequote all
if hes happy then keep quite, Id love to be that sort of person but even if i pay a fair price i think ive been done over and get pissed off.


David87

6,681 posts

214 months

Wednesday 28th August 2013
quotequote all
Megaflow said:
What's that line about fools and money?
A fool and his money are soon parted. HTH.

nick s

Original Poster:

1,371 posts

219 months

Wednesday 28th August 2013
quotequote all
Jessicus said:
What is the benefit to anybody of telling him that you think he's been done over? You feel smug, he feels like st.

If it was before the purchase, then yes, you could have informed him of your opinion. Now, when nothing can be done about it, what is the point? You'll sound like a wker, and any happiness from his purchase will be blown away.
Well that was the whole point in my post! He only got it at the weekend, so didn't know if there was some sort of 7 day cooling off period where he can take the car back and cancel the deal?!

As I said, if that's not possible I wouldn't dream of mentioning it!!

Devil2575

13,400 posts

190 months

Wednesday 28th August 2013
quotequote all
sandman77 said:
Someone buys a new car and is as pleased as punch with both the car and the deal he got. Why would you want to come along and piss all over his chips?

Leave him be.
This.

If people ask for advice in advance of making a purchase then by all means give advice. But don't be the smart arse who ruins his warm 'new car' feeling.

After all it's not like he can do anything about it now.