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Is this how Ford typically does business?

Jennifer1984

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I recently discovered this forum through a search for other experiences with the Ford Maverick. I need some feedback to determine if mine was a typical buying experience. I ordered a Ford Maverick XLT last September and it arrived Tuesday April 12th. About a week before it arrived, I obtained financing through my employer’s credit union for an amount that exceeded the truck's sticker price. All in needed from the dealership was a buyer’s order for the bank to draft a check. The salesman asked if I would consider financing through Ford. I politely declined, as I already had financing in place, and did not want to go through the application process again. The salesman left the room to speak to his manager, and when he returned, I was informed that if I refused to finance through Ford there would be a markup on the truck's selling price. I responded that I did not feel that a vehicle like this was worth the markup they were asking and walked away.

Two days later I received a call from the salesman, asking what it would take to get me into the truck. I responded; print a buyer’s order for the sticker price of the truck, your finance manager and I will sign it, and you will get a check. That’s all it takes. The salesman agreed and asked me to come in and sign the paperwork. When I arrived and went to the finance manager’s office, there was a tablet on his desk. I was handed a stylus and asked to sign in a giant signature box, with no other text on the screen. It’s not unusual to e-sign documents, but I did ask to see a paper copy of the document. Upon inspection my response was, this isn’t a buyer’s order, and further there’s a clause that states “the price shown above is estimated and that upon verification the customer agrees to a price exceeding the figure shown above.” I need an actual buyer’s order for my credit union.

The finance manager said that this was the document that they used, and he would go speak to his manager. The salesman, the finance manager, and what I assume was the sales manager returned a few minutes later and asked again if there was any way I would consider financing through Ford. I replied no, I already made that clear two days ago. They then went into the sales pitch of; this truck is in high demand, they lose money selling it at the sticker price, their phone is ringing off the hook every day from people willing to pay well over sticker price to get this truck. It will take a month for my bank to cut a check. (eyeroll, that’s BS, but so what if it does you sold the truck) The entire time they are going through this I’m thinking to myself how is any of this my problem, and you guys did call me. I of course didn’t say this to them, but I’m really not interested in their problems. Sell me the truck or don’t. Once they picked up that I wasn’t responding to their sales pitch, and really not saying much at all, they suggested that I could finance with them, and then just re-finance with my own credit union. I responded, no that’s dumb, are you going to print an actual buyer’s order and sell me the truck or not? Their response was if you won’t work with us, we can’t make a deal, to which I responded fine, and walked away… again.

First, does Ford always print up sketchy paperwork. The buyer’s order is supposed to lock in the price, not estimate it, and second what’s with this you can only finance through Ford nonsense? Do you like selling cars or not? I’ve never owned a Ford before by the way. This is my first experience with them.

Thanks in advance for the feedback!
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Aza

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Sounds like you found a shady dealership!
 

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Ford has a complaint line. I'm not sure they can do much affect your transaction, but you can at least make them aware of that particular dealer's tactics: 800-392-3673
 

PlanoJoe

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I recently discovered this forum through a search for other experiences with the Ford Maverick. I need some feedback to determine if mine was a typical buying experience. I ordered a Ford Maverick XLT last September and it arrived Tuesday April 12th. About a week before it arrived, I obtained financing through my employer’s credit union for an amount that exceeded the truck's sticker price. All in needed from the dealership was a buyer’s order for the bank to draft a check. The salesman asked if I would consider financing through Ford. I politely declined, as I already had financing in place, and did not want to go through the application process again. The salesman left the room to speak to his manager, and when he returned, I was informed that if I refused to finance through Ford there would be a markup on the truck's selling price. I responded that I did not feel that a vehicle like this was worth the markup they were asking and walked away.

Two days later I received a call from the salesman, asking what it would take to get me into the truck. I responded; print a buyer’s order for the sticker price of the truck, your finance manager and I will sign it, and you will get a check. That’s all it takes. The salesman agreed and asked me to come in and sign the paperwork. When I arrived and went to the finance manager’s office, there was a tablet on his desk. I was handed a stylus and asked to sign in a giant signature box, with no other text on the screen. It’s not unusual to e-sign documents, but I did ask to see a paper copy of the document. Upon inspection my response was, this isn’t a buyer’s order, and further there’s a clause that states “the price shown above is estimated and that upon verification the customer agrees to a price exceeding the figure shown above.” I need an actual buyer’s order for my credit union.

The finance manager said that this was the document that they used, and he would go speak to his manager. The salesman, the finance manager, and what I assume was the sales manager returned a few minutes later and asked again if there was any way I would consider financing through Ford. I replied no, I already made that clear two days ago. They then went into the sales pitch of; this truck is in high demand, they lose money selling it at the sticker price, their phone is ringing off the hook every day from people willing to pay well over sticker price to get this truck. It will take a month for my bank to cut a check. (eyeroll, that’s BS, but so what if it does you sold the truck) The entire time they are going through this I’m thinking to myself how is any of this my problem, and you guys did call me. I of course didn’t say this to them, but I’m really not interested in their problems. Sell me the truck or don’t. Once they picked up that I wasn’t responding to their sales pitch, and really not saying much at all, they suggested that I could finance with them, and then just re-finance with my own credit union. I responded, no that’s dumb, are you going to print an actual buyer’s order and sell me the truck or not? Their response was if you won’t work with us, we can’t make a deal, to which I responded fine, and walked away… again.

First, does Ford always print up sketchy paperwork. The buyer’s order is supposed to lock in the price, not estimate it, and second what’s with this you can only finance through Ford nonsense? Do you like selling cars or not? I’ve never owned a Ford before by the way. This is my first experience with them.

Thanks in advance for the feedback!
Sadly it has nothing to do with Ford, the dealership is it’s own entity and unfortunately you sometimes have to shop around to make sure you actually find a good one. The reason they’re pushing so hard for you to finance through them is that the lenders they go through actually pay them a portion of the profits as incentive for the dealership to keep bringing them loans.

I dealt with an uncommonly honest dealer once (this was for a camper, not a vehicle) and they actually took the kickback from the bank and applied it as a discount to the trailer if you financed through them, for a $47,000 camper the discount was $3,000 so it’s actually big money for these people if you finance through them.
 

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Hack

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I recently discovered this forum through a search for other experiences with the Ford Maverick. I need some feedback to determine if mine was a typical buying experience. I ordered a Ford Maverick XLT last September and it arrived Tuesday April 12th. About a week before it arrived, I obtained financing through my employer’s credit union for an amount that exceeded the truck's sticker price. All in needed from the dealership was a buyer’s order for the bank to draft a check. The salesman asked if I would consider financing through Ford. I politely declined, as I already had financing in place, and did not want to go through the application process again. The salesman left the room to speak to his manager, and when he returned, I was informed that if I refused to finance through Ford there would be a markup on the truck's selling price. I responded that I did not feel that a vehicle like this was worth the markup they were asking and walked away.

Two days later I received a call from the salesman, asking what it would take to get me into the truck. I responded; print a buyer’s order for the sticker price of the truck, your finance manager and I will sign it, and you will get a check. That’s all it takes. The salesman agreed and asked me to come in and sign the paperwork. When I arrived and went to the finance manager’s office, there was a tablet on his desk. I was handed a stylus and asked to sign in a giant signature box, with no other text on the screen. It’s not unusual to e-sign documents, but I did ask to see a paper copy of the document. Upon inspection my response was, this isn’t a buyer’s order, and further there’s a clause that states “the price shown above is estimated and that upon verification the customer agrees to a price exceeding the figure shown above.” I need an actual buyer’s order for my credit union.

The finance manager said that this was the document that they used, and he would go speak to his manager. The salesman, the finance manager, and what I assume was the sales manager returned a few minutes later and asked again if there was any way I would consider financing through Ford. I replied no, I already made that clear two days ago. They then went into the sales pitch of; this truck is in high demand, they lose money selling it at the sticker price, their phone is ringing off the hook every day from people willing to pay well over sticker price to get this truck. It will take a month for my bank to cut a check. (eyeroll, that’s BS, but so what if it does you sold the truck) The entire time they are going through this I’m thinking to myself how is any of this my problem, and you guys did call me. I of course didn’t say this to them, but I’m really not interested in their problems. Sell me the truck or don’t. Once they picked up that I wasn’t responding to their sales pitch, and really not saying much at all, they suggested that I could finance with them, and then just re-finance with my own credit union. I responded, no that’s dumb, are you going to print an actual buyer’s order and sell me the truck or not? Their response was if you won’t work with us, we can’t make a deal, to which I responded fine, and walked away… again.

First, does Ford always print up sketchy paperwork. The buyer’s order is supposed to lock in the price, not estimate it, and second what’s with this you can only finance through Ford nonsense? Do you like selling cars or not? I’ve never owned a Ford before by the way. This is my first experience with them.

Thanks in advance for the feedback!
Sorry you got this runaround, Jennifer. I'm 80 and have bought a dozen or so new cars. First, this the dealer, not Ford, and such shenanigans are pretty common. I understand Ford is trying to stop such things, but I don't know how well it will work. You did exactly the right thing. And, no, it doesn't take a month to get the check from your credit union. This stuff is all handled electronically now. As soon as the credit union sees their lein on the title they transfer the funds. It takes a day tops. (And the dealer knows this.)

I made a $500 refundable deposit on September 2, and last Monday the Ford tracker said my vehicle was in production, whatever that means. My salesman has promised no hijinks, but if the dealer jerks me around, I'm prepared to get my deposit back and walk.

Good luck.
 

Xbbqpitmaster

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And you can also leave a review usually on the webpage. If not, there are plenty of other places.
 

DryHeat

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If you want the truck, your best option might be to take the dealer financing (assuming you read the paperwork and assure yourself that there is no prepayment option penalty).

Then you can refinance with your credit union and pay off the dealer loan in a month or so.

BUT... be sure your credit union will agree to refinance the vehicle on the terms you want.
 
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Jennifer1984

Jennifer1984

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If you want the truck, your best option might be to take the dealer financing (assuming you read the paperwork and assure yourself that there is no prepayment option).

Then you can refinance with your credit union and pay off the dealer loan in a month or so.

BUT... be sure your credit union will agree to refinance the vehicle on the terms you want.
I'll pass on that...Thanks for the input though :)
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