Notices
C8 General Discussion The place to discuss the next generation of Corvette.
Sponsored by:
Sponsored by:

Legal review of $10K markup

Thread Tools
 
Search this Thread
 
Old 10-24-2020, 07:10 PM
  #1  
tcinla
Melting Slicks
Support Corvetteforum!
Thread Starter
 
tcinla's Avatar
 
Member Since: Nov 2016
Location: Los Angeles CA
Posts: 2,275
Received 620 Likes on 358 Posts
Default Legal review of $10K markup

I may have seen this story posted from auto evolution’s web site, but this is review by a lawyer of the dealer marking up AFTER the agreement was signed. Apologies if this is a dupe post of Steve Lehto’s video:

love the Outro at the end of the video: “Don’t confuse yourself Google search with a Law degree.”


Last edited by tcinla; 10-24-2020 at 07:26 PM.
Old 10-24-2020, 07:14 PM
  #2  
Sub Driver
Banned Scam/Spammer
 
Sub Driver's Avatar
 
Member Since: Aug 2015
Posts: 3,167
Received 3,772 Likes on 1,467 Posts
Default

The following 2 users liked this post by Sub Driver:
919cw313 (10-24-2020), ArizonaZ06 (10-24-2020)
Old 10-24-2020, 09:29 PM
  #3  
Michael A
Le Mans Master
 
Michael A's Avatar
 
Member Since: Jun 2001
Location: CA
Posts: 9,741
Received 2,960 Likes on 1,384 Posts

Default

Lehto's Law is one of my favorite YouTube channels.

Which dealer was this?

Last edited by Michael A; 10-24-2020 at 09:31 PM.
Old 10-24-2020, 10:35 PM
  #4  
Zjoe6
Moderator
Support Corvetteforum!
 
Zjoe6's Avatar
 
Member Since: Aug 2015
Location: SE WI
Posts: 10,627
Received 3,951 Likes on 2,437 Posts
Default

Some dealers do illegal stuff all the time. It's their culture. That's why I only deal with MacMulkin. Zero worries.
Old 10-25-2020, 10:15 AM
  #5  
ArmchairArchitect
Banned Scam/Spammer
 
ArmchairArchitect's Avatar
 
Member Since: Sep 2016
Location: Philadelphia PA (Birthplace of the USA, UNESCO World Heritage City)
Posts: 4,004
Received 3,918 Likes on 1,616 Posts
Default

Liberty Chevrolet in California.

As to his "Don’t confuse yourself Google search with a Law degree.” ...well, he says it's too expensive to hire an attorney for a case like this, but then doesn't propose the obvious solution of filing your own suit/representing yourself, as all you have to lose is court costs, and it's a fairly straightforward case that can easily be researched. So, it's self-serving attorney speak. That's like saying someone shouldn't do their own taxes if they're not a tax accountant.

Last edited by ArmchairArchitect; 10-25-2020 at 10:16 AM.
The following users liked this post:
Telepierre (10-25-2020)
Old 10-25-2020, 10:29 AM
  #6  
tcinla
Melting Slicks
Support Corvetteforum!
Thread Starter
 
tcinla's Avatar
 
Member Since: Nov 2016
Location: Los Angeles CA
Posts: 2,275
Received 620 Likes on 358 Posts
Default

I appreciate the legal perspective but it looks like the guy got his car. Maybe the scuzzy dealer figured the bad press wasn’t worth the negative potential on reputation and sales.

The following users liked this post:
Harry2 (10-25-2020)
Old 10-25-2020, 10:36 AM
  #7  
RKCRLR
Le Mans Master
 
RKCRLR's Avatar
 
Member Since: Aug 2016
Location: Garden Valley CA
Posts: 9,285
Received 6,276 Likes on 3,444 Posts
Default

Originally Posted by ArmchairArchitect
Liberty Chevrolet in California.

As to his "Don’t confuse yourself Google search with a Law degree.” ...well, he says it's too expensive to hire an attorney for a case like this, but then doesn't propose the obvious solution of filing your own suit/representing yourself, as all you have to lose is court costs, and it's a fairly straightforward case that can easily be researched. So, it's self-serving attorney speak. That's like saying someone shouldn't do their own taxes if they're not a tax accountant.
Prevailing in court is only part of the process. I've won a case in small claims court but was never able to collect. After paying multiple fees trying to collect I decided to stop throwing good money after bad.
Old 10-25-2020, 02:17 PM
  #8  
direct007
Melting Slicks
 
direct007's Avatar
 
Member Since: Sep 2004
Location: Southern NJ
Posts: 3,251
Received 2,012 Likes on 1,028 Posts

Default

Personally, I wouldn't want to do business with someone or some entity that I have to sue. I like the social media route. For every lost sale the dealership encounters...that $10k markup doesn't seem like such a good deal. There was a book written by a gentleman named Joe Girard back in the 1970's called the "World's Greatest Car Salesman" He had what he called the "Rule of 250". It basically said everyone encounters 250 people on a regular basis. And it was basically social media before there was the internet. The premise of his rule was that people influence their friends and acquaintances with their positive and negative experiences. If someone you know and respect tells you of a great meal they had at a restaurant of a great price they got on a product or great service they had at a business, you will probably be more likely inclined to do business with that place and conversely if they had a negative experience you will probably not want to do business with that place. This is how Kerbeck, MacMulkin and Criswell built up their status in the Corvette community.

When a dealership wants to screw with you. I would advise them quite frankly...If you want to play this game, I will let everyone know exactly what happened and will cost you 10 times in lost business than what you would make if I had purchased this car at the markup you are asking for. They may or may not reconsider, but it will cost them in the end.
The following users liked this post:
progtp (10-26-2020)
Old 10-25-2020, 02:27 PM
  #9  
JerryU
E-Ray, 3LZ, ZER, LIFT
Support Corvetteforum!
 
JerryU's Avatar
 
Member Since: Sep 2007
Location: NE South Carolina
Posts: 29,672
Received 9,679 Likes on 6,666 Posts

Default

Originally Posted by Zjoe6
Some dealers do illegal stuff all the time. It's their culture. That's why I only deal with MacMulkin. Zero worries.
Why I only deal with Kerbeck!
The following 2 users liked this post by JerryU:
direct007 (10-26-2020), Zjoe6 (10-25-2020)
Old 10-25-2020, 02:27 PM
  #10  
Alea_Iacta_Est
Pro
 
Alea_Iacta_Est's Avatar
 
Member Since: Sep 2020
Location: Arizona
Posts: 568
Received 270 Likes on 154 Posts
Default

Originally Posted by RKCRLR
Prevailing in court is only part of the process. I've won a case in small claims court but was never able to collect. After paying multiple fees trying to collect I decided to stop throwing good money after bad.
Me too! You live/learn along the way.

That's why I chuckle at the "internet lawyers" with 25 cent law degrees recommending suing for just about anything. You can tell those who know and those who blow smoke.
Old 10-25-2020, 04:39 PM
  #11  
punky
Banned Scam/Spammer
 
punky's Avatar
 
Member Since: Mar 2005
Location: Bonita Springs FL
Posts: 8,084
Received 3,862 Likes on 1,912 Posts

Default

Originally Posted by RKCRLR
Prevailing in court is only part of the process. I've won a case in small claims court but was never able to collect. After paying multiple fees trying to collect I decided to stop throwing good money after bad.
Getting a judgment is much easier than executing one.
Old 10-25-2020, 04:55 PM
  #12  
Panfish
Melting Slicks
 
Panfish's Avatar
 
Member Since: Nov 2019
Posts: 2,318
Received 1,454 Likes on 837 Posts
Default

Originally Posted by RKCRLR
Prevailing in court is only part of the process. I've won a case in small claims court but was never able to collect. After paying multiple fees trying to collect I decided to stop throwing good money after bad.
Small claims court is not the likely legal arena for most Consumer fraud cases involving Chevy dealers engaged in bushwhacking buyers on C8 corvettes.
Old 10-25-2020, 04:58 PM
  #13  
Panfish
Melting Slicks
 
Panfish's Avatar
 
Member Since: Nov 2019
Posts: 2,318
Received 1,454 Likes on 837 Posts
Default

Originally Posted by Alea_Iacta_Est
Me too! You live/learn along the way.

That's why I chuckle at the "internet lawyers" with 25 cent law degrees recommending suing for just about anything. You can tell those who know and those who blow smoke.
I haven’t seen anyone here recommending that. But, with proper legal documentation and a valid contract with explicit terms and expectations, legal defense is valid. But...in most cases, the plaintiff will have to ante up with no guarantee of prevailing.

I chuckle just as loud at those insinuating those with the above can’t prevail.

Last edited by Panfish; 10-25-2020 at 04:59 PM.
Old 10-25-2020, 06:15 PM
  #14  
OKsweetrides
Burning Brakes
 
OKsweetrides's Avatar
 
Member Since: Apr 2007
Location: OK/FL
Posts: 757
Received 22 Likes on 15 Posts

Default

Depends, read the contract studiously. Look to see what common law or statutory goods laws are on the books; whether or not arbitration is binding, which law/venue. Things like that. If it's tight on terms, then you can look to breach of contract on bad faith/extortionate grounds. IANAL

Get notified of new replies

To Legal review of $10K markup




Quick Reply: Legal review of $10K markup



All times are GMT -4. The time now is 02:50 PM.