I was wondering if there are any way I can return the car if I realized that I paid too much for it according to the blue book value? I bought the car for $9500 and paid almost 10,200 total but the actual blue book value is $6685. I am really feeling that I get ripped off. I was trying to buy this for my mom.

 

You can try but you're probably SOL.

 

dealers always have those signs posted up that say, "all sales are final!"

 

^^^^^^^^^^^

 

... wow?

 

Well, if it's a new car, you have 48 hours to return it and the dealer can't stop you. Used, you're probably screwed.

Did you check the book value for what the car would cost from a dealer, or the cost if you were selling it to the dealer? It's rare to buy a used car for book value. That's why used sales are often times the most profitable part of large dealerships.

 

I was pretty happy until I found the price at KBB... I guess I'm SOL...I guess I'll just take this as a lesson.

Any other way I can get atleast something back? Maybe a new floor mat?

 

yeah man, you can't go buying cars before you've done your homework......car dealers make their living off people that.

 

Yes, of course you can TRY to return it. Please videotape the attempted transaction (the dealer laughing in your face) and post it.

 

Certain States have "No Cooling Off Period" laws where the dealer isn't obligated to take the new/used car back. Check with your state laws. You'll have more of a chance to return a used car than a new car.

Just tell them that there's something wrong with the car or it stinks or something. heh

 

maybe this is a little off-topic but the thought that some legislator ACTUALLY thought it was a good idea to implement a "cooling off period" to allow people to return cars is beyond my comprehension.

 

unless there is some problem with the car, if not i dont think they will let u return it...

 

What value are you talking about? KBB has trade in, private party, and retail values. The dealership obviously has to try make some money on the car. Was the $6685 a wholesale/trade-in value? You can't expect to buy a car from a dealer and get it for wholesale.

I don't see why people are always crying saying a car dealer ripped them off. You can buy a car private party in the local paper if you want to. If the dealer has something you want, he's entitled to make some money off the car. You can't pay rent, insurance, and all the other costs with owning a lot and expect the dealer to make $100 profit on a car.

I don' t know if this was a stand-alone used car lot, or part of a bigger franchise that sells new cars are well. But where dealers make their money is on used cars. People want to pay invoice all day long on brand new $30,000 cars, and the average profit on a used car will be $1500, $2000, and up. That's just a fact of economics and how the car industry is.

 

There were some mechanical problems with the locks and the doors but they offer to have them fixed. They'll give me a rental car to get the car fixed the whole day. I didn't realize they make their money off of used cars...that makes sense...

 

Kelly Blue Book = K.B.B. = Know BEFORE Buying!