Anyone else think this is BS on Kioti's part

[crashz]

I've always thought that you need to put a deposit down to hold the deal, including any financing rates. Maybe I've been screwed before, but it does make sense. I can't go to a vendor and expect the same pricing, even a month later. Nor do I do that in my business. Quotes are good for 30 days.

 

[shucksters]

I used Agdirect - variable rate of 2.49%. Rates are low right now. I have the option to lock in if they start going up once. That way I was able to take the cash discount...

 

[CowboyRon]

If I were you I would tell him if he doesn't adjust to the agreed upon deal you are walking.

I think dealers can get some kickback if they get you to sign at a higher rate.

I bought my wife a new Mazda 3 in 2004. (worst POS we ever owned) The dealer and I had gone back and forth on pricing and were $500 apart on our trade when they gave in and decided to deal with me. Mazda had 2.9% advertised on their web site. When they presented the deal for me to sign they had 3.9% on it. When I asked how that affected the loan over the total pay back it came out to the $500 I said I wouldn't pay. The salesman said the higher rate was based on my credit rating. HA! My credit rating was 820. I told him if we didn't qualify for the advertised rate nobody would and I slid the unsigned paper work back at him. He got on the phone to the manager and immediately adjusted the rate. From now on if I think someone is trying to pull one on me I just go ahead and walk.

When I see crap on the paperwork, I will circle it and tell them to call me when it's fixed. I won't wait at the dealership all day while they play games.

 

[Trillium Farm]

They are all like this, if you read somewhere on the website you'll find words to this effect......for more up to date information contact your dealer.
All manufacturers with dealerships have this disclaimer.

 

[jmc]

Here's the ideal customer in 6 seconds:

The Simpsons - Homer - I'm not signing anything until I read it or someone reads it for me. - YouTube

 

[5030]

If you are not happy with Kioti terms I would move on to another Brand tractor.

Yep and Kubota is at ZERO percent.

 

[Urakunu]

I used Agdirect - variable rate of 2.49%. Rates are low right now. I have the option to lock in if they start going up once. That way I was able to take the cash discount...

Yes I know I tried that, they are not licensed for PA or that is exactly what I would have done. They said they are working on getting approval for PA but are still a bit away from it.

 

[Urakunu]

This was a matter of 4 days and Kioti still had the published rate of 4.3% 2 days after I tried to finalize the deal. Then they tried to say it was because of a cache file on my computer which is nonsense because the dates updated for the program expiration. The dealer has been excellent and is even try to get Kioti to honor the rate. I am more than happy with the customer service of the dealer but I think the right thing to do is honor their published rate.

 

[Urakunu]

If he wanted last months rates he should have signed last month.

I just wanted the rate that showed it was good until June 30th on Kioti's website.

 

[airbiscuit]

This was a matter of 4 days and Kioti still had the published rate of 4.3% 2 days after I tried to finalize the deal. Then they tried to say it was because of a cache file on my computer which is nonsense because the dates updated for the program expiration. The dealer has been excellent and is even try to get Kioti to honor the rate. I am more than happy with the customer service of the dealer but I think the right thing to do is honor their published rate.

If your dealer cuts the price by about $750, he still gets the sale, and you pay the same total price - even with the higher interest rate.