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Dealer Negotiations/Test Driving This area is for purchasing help, dealer negotations as well as test driving impressions.

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post #21 of 30 (permalink) Old 04-27-2006, 08:47 PM
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Re: no power check

Remember one thing, 98 bpercent of the people they deal with are sheep
most have to accept whatever they dish out as they have bad credit or are to stupid to know how to react.
You are in the drivers seat, you have a loan, Toyota USA wants you in that truck, They will tell the dealer to sell you the car.
A dealer can get in a lot of trouble from Toyota, and without a brand of cars to sell, they are a used car lot
Every complaint is analyzed, if they get tomany, they get in trouble.
Do not threaten, act
do not get loud, if you do they have the right to kick you out
do not agree to anything but your deal
and do not bring in someone to ACT like a attorney, you will lose all credibilty

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post #22 of 30 (permalink) Old 04-27-2006, 08:57 PM Thread Starter
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Re: no power check

Quote:
highbeams previously said:
the reason they do not want to take that check is they will not get the brokerage fee they get for writing a loan
and your deposit is refundable
do not make threats
do not yell
just go into the office and start by asking for your deposit, when they do not give it, call toyota USA in torrance California and ask for the complaint department
ave the number available and a cell phone, when they get on the phone tell them the dealers name and city, by that time they will ask you to accept your check just to keep you from having toyota straiten it out.
Toyota is sensitive about this kind of stuff and reacts to customer complaints seriously.

Got it. Here is the info in case someone is is in same situation

TOYOTA MOTOR SALES USA, INC
Customer Assistance Center
Toyota Motor Sales USA, Inc
Department A102
19001 South Western Avenue
Torrance, CA 90509-2991
Toll free: 1-800-331-4331
Fax: 310-618-7814
TDD toll free: 1-800-443-4999
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post #23 of 30 (permalink) Old 04-27-2006, 09:03 PM
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Re: no power check

now this is why I visit this site every day. stick it to em dude.
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post #24 of 30 (permalink) Old 04-27-2006, 09:06 PM
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Re: no power check

I just printer it out..
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post #25 of 30 (permalink) Old 04-27-2006, 09:06 PM
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Re: no power check

Someone better get some hot coffee thrown on them or I am going to loose it! These disreputable stealerships must pay....off with their heads! Screw all this nicey nice stuff, picket the place and call them pedophiles when customers are around. Bastages!!!

2007 FJC
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post #26 of 30 (permalink) Old 04-27-2006, 09:08 PM
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Re: no power check

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funky_junk previously said:
That's BS

I guess you could see what kind of financing the dealer will give you. But if they are unwilling to take you money for the car then they have to give you your deposit back. Period.

You could also try to fail financing. If you can't qualify for their loan, they can't make you buy it.
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post #27 of 30 (permalink) Old 04-27-2006, 10:26 PM
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Re: no power check

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alterado previously said:
According to them, store policy. Because of identity theft, blah blah blah. I can't go to another dealer...They have my $500, non refoundable
retracted previous statement. been covered

Last edited by macr77; 04-27-2006 at 10:34 PM.
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post #28 of 30 (permalink) Old 04-27-2006, 11:13 PM
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Re: no power check

The reason some dealerships won't take a "Power checK" is in the past E-loan had a "conditional endorsement" notation on the "check" itself (it wasn't really a check but in actuality a "sight draft").

The condition of the check being honored was that the dealership register the vehicle in the buyers name which includes paying his sales tax. Then a couple weeks later (sometimes even longer than that) they might release funds to the depositor's bank account, notice I said "might". We've waited over a month before to get funded for these things.

E-loan has rejected and returned these "Power checks" unpaid to vehicle sellers before for something as little as the wrong color of ink used on the face of the check or the customer not signing the check with the same full name printed on the check (Bob vs Robert for instance).

This involves the dealership having to call the buyer back, having him return to the dealership (which really really pisses people off!) and giving him the worthless check and getting a replacement "power check" issued (which can take up to another week for the customer to get), all the while the customer has a vehicle registered in their name and their sales taxes have been paid (by the dealership) This condition exposes a dealership to a significant risk.

Of course the loan's interest clock is still ticking and E-loan is racking up interest income without advancing any money yet to pay the dealership for the customer's vehicle.

How many of you would take a "check" under these circumstances to sell your personal vehicle to someone you don't know, knowing you would have to pay your buyers taxes and transfer title into his name before you got paid??

I again, stand ready to get flamed for these comments as the "FJ forum addicted" resident salesperson/whipping boy/feminine hygiene engineer.

Love Ya'll (southern version), Mean it!
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post #29 of 30 (permalink) Old 04-28-2006, 06:01 PM Thread Starter
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Re: no power check

Quote:
RoverGGM previously said:
The reason some dealerships won't take a "Power checK" is in the past E-loan had a "conditional endorsement" notation on the "check" itself (it wasn't really a check but in actuality a "sight draft").

The condition of the check being honored was that the dealership register the vehicle in the buyers name which includes paying his sales tax. Then a couple weeks later (sometimes even longer than that) they might release funds to the depositor's bank account, notice I said "might". We've waited over a month before to get funded for these things.

E-loan has rejected and returned these "Power checks" unpaid to vehicle sellers before for something as little as the wrong color of ink used on the face of the check or the customer not signing the check with the same full name printed on the check (Bob vs Robert for instance).

This involves the dealership having to call the buyer back, having him return to the dealership (which really really pisses people off!) and giving him the worthless check and getting a replacement "power check" issued (which can take up to another week for the customer to get), all the while the customer has a vehicle registered in their name and their sales taxes have been paid (by the dealership) This condition exposes a dealership to a significant risk.

Of course the loan's interest clock is still ticking and E-loan is racking up interest income without advancing any money yet to pay the dealership for the customer's vehicle.

How many of you would take a "check" under these circumstances to sell your personal vehicle to someone you don't know, knowing you would have to pay your buyers taxes and transfer title into his name before you got paid??

I again, stand ready to get flamed for these comments as the "FJ forum addicted" resident salesperson/whipping boy/feminine hygiene engineer.

Love Ya'll (southern version), Mean it!

But this is a thing of the past, right? They should take the power check now, don't they...I'll fight for it for sure, just want to be as prepared as possible
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post #30 of 30 (permalink) Old 04-29-2006, 06:11 AM
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Re: no power check

Quote:
alterado previously said:
But this is a thing of the past, right? They should take the power check now, don't they...I'll fight for it for sure, just want to be as prepared as possible

yeah, kick their asses...kick their balls too!
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