User Panel
User Panel
User Panel
|
Posted: 9/15/2017 7:05:23 PM EDT
[#1]
GO to different dealer, buy new car then drive to the one who wouldn't take it and show them your new car.
|
|
|
|
Posted: 9/15/2017 7:05:31 PM EDT
[#2]
Their business, their rules.
|
|
|
|
Posted: 9/15/2017 7:05:34 PM EDT
[#3]
This is where you say out loud "Well Bye .jpg"
|
|
|
|
Posted: 9/15/2017 7:05:48 PM EDT
[#4]
Quoted:
Is this normal? It's from PNC, they say they want a cashiers check. I feel like I am getting a run around. |
|
|
|
Posted: 9/15/2017 7:08:53 PM EDT
[#5]
They don't want the sale for whatever reason. Go to another dealer .
|
|
|
|
Posted: 9/15/2017 7:09:24 PM EDT
[#6]
Fact that dealer will not accept that check is BS. I used PNC ready check on my last car purchase . . . dealers see them all the time.
Like others have said, easy solution, go to another dealer that wants to sell you a vehicle. |
|
|
|
Posted: 9/15/2017 7:10:48 PM EDT
[#7]
Quote HistoryQuoted:
Their business, their rules. 
|
|
|
|
Posted: 9/15/2017 7:13:12 PM EDT
[#8]
Racists, obviously.
|
|
|
|
Posted: 9/15/2017 7:13:44 PM EDT
[#9]
They wanted to fuck you in the finance office.
You revealed you had your own deal worked out before they were to the point of blue balls to compete the deal. Kharn |
|
|
|
Posted: 9/15/2017 7:14:10 PM EDT
[#10]
Define "check ready loan."
|
|
|
|
Posted: 9/15/2017 7:15:17 PM EDT
[#11]
Anyone that thinks a dealer doesn't want business is a moron.
Many businesses have policies like this. A promise to loan you money doesn't mean shit, until it's money. |
|
|
|
Posted: 9/15/2017 7:15:19 PM EDT
[#12]
Quote HistoryQuoted:
Define "check ready loan." |
|
|
|
Posted: 9/15/2017 7:15:45 PM EDT
[#13]
Quote HistoryQuoted:
Define "check ready loan." ETA: if it's something easily "checked out" by the dealer with the bank to make sure it's a legit form of payment, the dealer is just being a dick. |
|
|
|
Posted: 9/15/2017 7:17:33 PM EDT
[#14]
Quote HistoryQuoted:
Anyone that thinks a dealer doesn't want business is a moron. Many businesses have policies like this. A promise to loan you money doesn't mean shit, until it's money. 
|
|
|
|
Posted: 9/15/2017 7:18:46 PM EDT
[#15]
Quote HistoryQuoted:
Yes, the OP is implying there should be some sort of government regulation forcing them to accept his method of payment 
OP thinks he is getting the run around, and he probably is because the dealership makes money if OP uses its financing . . . dealer makes no money on financing when customer arranges his own. No demand for anything in OP's post, simply a question. Again, option for everyone in this situation is to go to dealer that wants to sell him/her a car without the BS. |
|
|
|
Posted: 9/15/2017 7:20:26 PM EDT
[#16]
Quoted:
Is this normal? It's from PNC, they say they want a cashiers check. I feel like I am getting a run around. Totally normal. |
|
|
|
Posted: 9/15/2017 7:20:27 PM EDT
[#17]
Quote HistoryQuoted:
You may have inferred from OP's post that he seeks some sort of government regulation, but it certainly was not implied in his post. OP thinks he is getting the run around, and he probably is because the dealership makes money if OP uses its financing . . . dealer makes no money on financing when customer arranges his own. No demand for anything in OP's post, simply a question. Again, option for everyone in this situation is to go to dealer that wants to sell him/her a car without the BS. Quote HistoryQuoted:
Quoted:
Yes, the OP is implying there should be some sort of government regulation forcing them to accept his method of payment OP thinks he is getting the run around, and he probably is because the dealership makes money if OP uses its financing . . . dealer makes no money on financing when customer arranges his own. No demand for anything in OP's post, simply a question. Again, option for everyone in this situation is to go to dealer that wants to sell him/her a car without the BS. |
|
|
|
Posted: 9/15/2017 7:23:21 PM EDT
[#18]
Quote HistoryQuoted:
No, I'm with you. My dripping sarcasm was directed squarely at the person I was quoting. |
|
|
|
Posted: 9/15/2017 7:23:29 PM EDT
[#19]
Did they offer to hold the car until the check clears?
Is there a phone number the dealer can call? Do you have a trade in? What does your loan to value look like on the car? |
|
|
|
Posted: 9/15/2017 7:23:58 PM EDT
[#20]
Quote HistoryQuoted:
No, I'm with you. My dripping sarcasm was directed squarely at the person I was quoting. Quote HistoryQuoted:
Quoted:
Quoted:
Yes, the OP is implying there should be some sort of government regulation forcing them to accept his method of payment OP thinks he is getting the run around, and he probably is because the dealership makes money if OP uses its financing . . . dealer makes no money on financing when customer arranges his own. No demand for anything in OP's post, simply a question. Again, option for everyone in this situation is to go to dealer that wants to sell him/her a car without the BS. |
|
|
|
Posted: 9/15/2017 7:25:50 PM EDT
[#21]
Quote HistoryQuoted:
They wanted to fuck you in the finance office. You revealed you had your own deal worked out before they were to the point of blue balls to compete the deal. Kharn |
|
|
|
Posted: 9/15/2017 7:27:11 PM EDT
[#22]
Quote HistoryQuoted:
Then they can do a spot-delivery like they probably already do dozens of times per month Would you ship a fucking rifle to some stranger with an IOU? |
|
|
|
Posted: 9/15/2017 7:27:48 PM EDT
[#23]
Quote HistoryQuoted:
"Their business, their rules" = If you don't like what they're telling you, spend your money elsewhere. Quote HistoryQuoted:
Quoted:
No, I'm with you. My dripping sarcasm was directed squarely at the person I was quoting. |
|
|
|
Posted: 9/15/2017 7:30:50 PM EDT
[#24]
Quote HistoryQuoted:
They wanted to fuck you in the finance office. You revealed you had your own deal worked out before they were to the point of blue balls to compete the deal. Kharn |
|
|
|
Posted: 9/15/2017 7:33:32 PM EDT
[#25]
Quote HistoryQuoted:
Totally normal. I agreed to purchase the truck, but I'm coming back with their check on Monday or having them deal with PNC directly. They ain't getting my financing after how big of assholes they have been. |
|
|
|
Posted: 9/15/2017 7:36:02 PM EDT
[#26]
Quote HistoryQuoted:
Care to elaborate? I agreed to purchase the truck, but I'm coming back with their check on Monday or having them deal with PNC directly. They ain't getting my financing after how big of assholes they have been. |
|
|
|
Posted: 9/15/2017 7:37:52 PM EDT
[#27]
Weird... I just wrote a check for my last car.
|
|
|
|
Posted: 9/15/2017 7:39:21 PM EDT
[#28]
Many dealers do that. Those checks come with a checklist the dealer has to submit to the lender, then wait to get the approval then the funds transferred. We accept them, but the car has to sit until the funds are approved. Some people figet those instant approvals and dealers have had issues letting the customer take the car and funds are denied then the dealer has to try to get the car back all because the customer lied to get the approval. I have seen it happen more than once in my 17 years in the car business. They should accept the check but won't let you take the car until they have the money in their account
ETA. Those loan approvals are not guaranteed. It isn't like a certified check from your bank or a bank. Some dealers don't take large personal checks. It's just their policy. We do and have even gotten burned on them once or twice. |
|
|
|
Posted: 9/15/2017 7:44:41 PM EDT
[#29]
Edit: Nevermind. Cleared up.
|
|
|
|
Posted: 9/15/2017 7:46:04 PM EDT
[#30]
Quote HistoryQuoted:
Huh. Didn't get that vibe. Quote HistoryQuoted:
Huh. Didn't get that vibe. 
Quoted:
Quoted:
Quoted:
Yes, the OP is implying there should be some sort of government regulation forcing them to accept his method of payment OP thinks he is getting the run around, and he probably is because the dealership makes money if OP uses its financing . . . dealer makes no money on financing when customer arranges his own. No demand for anything in OP's post, simply a question. Again, option for everyone in this situation is to go to dealer that wants to sell him/her a car without the BS. |
|
|
|
Posted: 9/15/2017 7:47:01 PM EDT
[#31]
Just read your next post after that. Edited mine.
|
|
|
|
Posted: 9/15/2017 7:48:02 PM EDT
[#32]
Quote HistoryQuoted:
Many dealers do that. Those checks come with a checklist the dealer has to submit to the lender, then wait to get the approval then the funds transferred. We accept them, but the car has to sit until the funds are approved. Some people figet those instant approvals and dealers have had issues letting the customer take the car and funds are denied then the dealer has to try to get the car back all because the customer lied to get the approval. I have seen it happen more than once in my 17 years in the car business. They should accept the check but won't let you take the car until they have the money in their account ETA. Those loan approvals are not guaranteed. It isn't like a certified check from your bank or a bank. Some dealers don't take large personal checks. It's just their policy. We do and have even gotten burned on them once or twice. |
|
|
|
Posted: 9/15/2017 7:50:22 PM EDT
[#33]
Quote HistoryQuoted:
PNC Ready Checks are pre-approved up to a specified amount reflected on the paperwork AND the face of the check. Dealers see them all the time. Quote HistoryQuoted:
Quoted:
Many dealers do that. Those checks come with a checklist the dealer has to submit to the lender, then wait to get the approval then the funds transferred. We accept them, but the car has to sit until the funds are approved. Some people figet those instant approvals and dealers have had issues letting the customer take the car and funds are denied then the dealer has to try to get the car back all because the customer lied to get the approval. I have seen it happen more than once in my 17 years in the car business. They should accept the check but won't let you take the car until they have the money in their account ETA. Those loan approvals are not guaranteed. It isn't like a certified check from your bank or a bank. Some dealers don't take large personal checks. It's just their policy. We do and have even gotten burned on them once or twice. Did the deposits most days. |
|
|
|
Posted: 9/15/2017 7:51:07 PM EDT
[#34]
Quote HistoryQuoted:
Easy there feller, adults are trying to talk. A dealer doesn't know what kind of stipulations the third party lender has. Oh sure, you have a promise to fund. That's great until the customer joyriding in your inventory (if delivered under this premise) Wont email proof of income/residence etc. Under those circumstances, the lien holder will not fund until the purchaser complies. Would you ship a fucking rifle to some stranger with an IOU? Quote HistoryQuoted:
Quoted:
Then they can do a spot-delivery like they probably already do dozens of times per month Would you ship a fucking rifle to some stranger with an IOU? ) contract it enters into with it's customers.
|
|
|
|
Posted: 9/15/2017 7:52:39 PM EDT
[#35]
Quote HistoryQuoted:
I ran a few dealerships and never saw a pnc check in over 10 years. Did the deposits most days. Quote HistoryQuoted:
I ran a few dealerships and never saw a pnc check in over 10 years. Did the deposits most days. Quoted:
Weird... I just wrote a check for my last car.
Quoted:
Just read your next post after that. Edited mine. 
|
|
|
|
Posted: 9/15/2017 7:53:11 PM EDT
[#36]
Quote HistoryQuoted:
I ran a few dealerships and never saw a pnc check in over 10 years. Did the deposits most days. |
|
|
|
Posted: 9/15/2017 8:22:55 PM EDT
[#37]
I had a pre approved bank loan for 18 k once when I say approved I mean hard commitment, credit was run income verified everything. All I had to do to get a certified check was fax over the paperwork.
Dick head salesman said he could do better in house, blah blah. Walked out. Went down the road to another dealer, did the deal in an hour. Picked up the truck, went to the first dealer and said eff you moron! |
|
|
|
Posted: 9/15/2017 8:52:25 PM EDT
[#38]
Quote HistoryQuoted:
How big of a fight was it to get them to tell you how much it was going to cost, all said and done, after all fees and everything? They expected I would cave into the financing game and I didn't. They did offer me slightly better, but I'll pay $5 more a month just so they don't get my money because they are assholes. |
|
|
|
Posted: 9/15/2017 8:58:46 PM EDT
[#39]
Quote HistoryQuoted:
Define "check ready loan." Unlike a traditional loan, you don't 'pull the trigger' on the loan until you actually write the check to buy the car. There is generally a 30 day 'end date' where if you haven't pulled the trigger, the 'almost loan' cannot be acted upon, but you can re-apply |
|
|
|
Posted: 9/15/2017 9:01:37 PM EDT
[#40]
Quote HistoryQuoted:
They wanted to fuck you in the finance office. You revealed you had your own deal worked out before they were to the point of blue balls to compete the deal. Kharn Also, This is why you ALWAYS do a car deal on the final Drive Out PRICE, not payments... |
|
|
|
Posted: 9/15/2017 9:12:06 PM EDT
[#41]
they probably offered you a price they wanted to finance at, My friend bought a kia when she wanted a new one she negotiated the price, and when they found out she was going to pay cash they pulled the deal, she went to another dealer and got it for the price and cash.
|
|
|
|
Posted: 9/15/2017 9:22:58 PM EDT
[#42]
Quote HistoryQuoted:
Ignoring the fact that telephones exist and the dealer could call PNC and ask what those stipulations are, and also ignoring the other things you list are the exact risks dealerships take every time they do a spot-delivery, what I would do with a hypothetical rifle I'm hypothetically selling has exactly ZERO in common with an actual business with multiple legitimate resources to enforce the legally binding (ie, not an IOU ) contract it enters into with it's customers.Do you think an attorney would quarterback some random case when he knows the payday is going elsewhere? You imply that a business should pay employees to make another business money. This shit is the Internet at its best. "how things really don't work".
|
|
|
|
Posted: 9/15/2017 9:24:15 PM EDT
[#43]
They like to payment pack and you fucked it up for them.
|
|
|
|
Posted: 9/15/2017 10:18:26 PM EDT
[#44]
Quote HistoryQuoted:
Popular here in southwest Ohio because PNC often times, but not always, has a very good rate. Better rate than dealerships offer. Quote HistoryQuoted:
Quoted:
I ran a few dealerships and never saw a pnc check in over 10 years. Did the deposits most days. Members 1st FCU PSECU PenFed Ally Fin Fifth Third TD Chase for so so credit, the unions usually have better rates for the best. Have seen a lot of usaa checks and a few others people bring in, and see PNC personal checks, just not the loan checks. |
|
|
|
Posted: 9/15/2017 10:20:15 PM EDT
[#45]
Quote HistoryQuoted:
Who do you expect to fuck around on the phone verifying bullshit at a dealer? Oh yeah, the "finance guy". How do you think he makes his money? Legworking someone else's payday for free? Do you think an attorney would quarterback some random case when he knows the payday is going elsewhere? You imply that a business should pay employees to make another business money. This shit is the Internet at its best. "how things really don't work". Quote HistoryQuoted:
Quoted:
Ignoring the fact that telephones exist and the dealer could call PNC and ask what those stipulations are, and also ignoring the other things you list are the exact risks dealerships take every time they do a spot-delivery, what I would do with a hypothetical rifle I'm hypothetically selling has exactly ZERO in common with an actual business with multiple legitimate resources to enforce the legally binding (ie, not an IOU ) contract it enters into with it's customers.Do you think an attorney would quarterback some random case when he knows the payday is going elsewhere? You imply that a business should pay employees to make another business money. This shit is the Internet at its best. "how things really don't work". |
|
|
|
Posted: 9/15/2017 10:21:36 PM EDT
[#46]
Last car my wife and I bought, we just wrote them a personal check and drove off the lot with our new car.
I was a little surprised, but apparently they weren't worried.
|
|
|
|
Posted: 9/15/2017 10:33:41 PM EDT
[#47]
Quote HistoryQuoted:
PNC Ready Checks are pre-approved up to a specified amount reflected on the paperwork AND the face of the check. Dealers see them all the time. |
|
|
|
Posted: 9/15/2017 10:36:01 PM EDT
[#48]
It would be hard to believe any dealership would just accept a pre approved loan check on face value like it was a certified check or a bank check. Those things in my experience are just a prop like the fake diploma you get on stage.
Those pre-approved checks are really just to give the dealer the information they need in order to contact your financial institution to A: ensure you're actually approved for the loan, then B: arrange for payment to the dealer. |
|
|
|
Posted: 9/15/2017 10:38:33 PM EDT
[#49]
Quote HistoryQuoted:
I had a pre approved bank loan for 18 k once when I say approved I mean hard commitment, credit was run income verified everything. All I had to do to get a certified check was fax over the paperwork. Dick head salesman said he could do better in house, blah blah. Walked out. Went down the road to another dealer, did the deal in an hour. Picked up the truck, went to the first dealer and said eff you moron! But if they can, yeah the dealer makes a little (it's very little like $50-500) but so what..... You got a lower rate than you could get from your bank so it's a win-win..... The only thing you did was possibly cost you money....so who is the moron? The dealer that offered you a chance to save some money in interest charges????? |
|
|
|
Posted: 9/15/2017 10:49:38 PM EDT
[#50]
Quote HistoryQuoted:
This is exactly true. So are capitol ones, ect. But the loan is not approved until the dealer faxes in certain stipulations and it's verified. Also the vehicle has to meet certain criteria. I have worked many of these deals. It isn't approved until the money is in the account. I could submit everything and do all the paperwork on the car and let you leave with it. Then the next day or two the bank comes back and says we don't approve this. Then I have to go get the car back or have you bring it back in. Third party checks are a touchy area. Quote HistoryQuoted:
Quoted:
PNC Ready Checks are pre-approved up to a specified amount reflected on the paperwork AND the face of the check. Dealers see them all the time. |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
