Hendricks dealers Z06 buyers be aware of the $13K gouging fee
#41
Racer
Unfortunately many of us here made a deposit electronically. And just because they noted it in the email, doesn't make it a legal document. There was no signatures.
I have trust in MM even though i never used them. I can only go by what other praises people make that have used them in the past.
I'm just saying it's concerning when every dealer is backing out of their word (or assumption) that the car will be offered MSRP yet MM, another big corvette dealer will not.
I was only saying why can't someone from their team confirm MSRP on this site or their site? It's not hard to do.
I have trust in MM even though i never used them. I can only go by what other praises people make that have used them in the past.
I'm just saying it's concerning when every dealer is backing out of their word (or assumption) that the car will be offered MSRP yet MM, another big corvette dealer will not.
I was only saying why can't someone from their team confirm MSRP on this site or their site? It's not hard to do.
Also, to be clear, my Z06 deposit transaction was an electronic transaction by email They sent me a filled out formal "Retail Order for a Motor Vehicle". It has the terms of MSRP etc. as described above. It has specifically says "THIS ORDER IS NOT A BINDING CONTRACT UNTIL ACCEPTED BY DEALER OR HIS AUTHORIZED REPRESENTATIVE". The order is then electronically signed and accepted by myself and the dealer. This seems as close to a binding contract as you might hope for.
You should contact them if you want more detail or comfort if you already have a deposit with them. As I have said before, they are very transparent (maybe the most of any larger dealer) and were exact in how we were charged for previous 2 C8s.
#42
Them saying something on a website has no legal meaning.
Also, to be clear, my Z06 deposit transaction was an electronic transaction by email They sent me a filled out formal "Retail Order for a Motor Vehicle". It has the terms of MSRP etc. as described above. It has specifically says "THIS ORDER IS NOT A BINDING CONTRACT UNTIL ACCEPTED BY DEALER OR HIS AUTHORIZED REPRESENTATIVE". The order is then electronically signed and accepted by myself and the dealer. This seems as close to a binding contract as you might hope for.
You should contact them if you want more detail or comfort if you already have a deposit with them. As I have said before, they are very transparent (maybe the most of any larger dealer) and were exact in how we were charged for previous 2 C8s.
Also, to be clear, my Z06 deposit transaction was an electronic transaction by email They sent me a filled out formal "Retail Order for a Motor Vehicle". It has the terms of MSRP etc. as described above. It has specifically says "THIS ORDER IS NOT A BINDING CONTRACT UNTIL ACCEPTED BY DEALER OR HIS AUTHORIZED REPRESENTATIVE". The order is then electronically signed and accepted by myself and the dealer. This seems as close to a binding contract as you might hope for.
You should contact them if you want more detail or comfort if you already have a deposit with them. As I have said before, they are very transparent (maybe the most of any larger dealer) and were exact in how we were charged for previous 2 C8s.
But putting it on the website will give peace of mind.
It's sort of like having a sale at walmart or something. Instead of just getting an email stating the sale you can get when you shop, they'll list it on the homepage of their website like, "2 day only sale starting today!" etc.
I'm not saying MM will just disregard what they said in the email to us. But when threads like this are created, then you can only have some concern.
#43
Don’t be. Many more will follow. Many more. Monstrous profits won’t be ignored, and I think you’ll be seeing some totally unexpected dealers succumbing to the almighty buck.
Last edited by Panfish; 12-19-2021 at 04:11 PM.
#44
Melting Slicks
Disgusting behavior by this stealership. I will spread the word to anyone considering purchasing a Corvette from them. I would take them to court over this. Highly unethical to have an email from them agreeing to purchase terms, and then "changing" their minds. This is worse than a breach of verbal contract.
#45
You’re toast.
To those who might be giggling at your misfortune, if they have a deposit with a dealer thinking they have MSRP too, many are in for a shock. The only possible exceptions would be the handful of larger known dealers known for MSRP, and even then IMO, some or all might fall on the Z06 too.
#46
I have a piece of paper that MM provided that said the price would be MSRP minus their doc fee. But in reality, it means nothing, many dealers have provided the same to other people then decided to back out of that and throw in a markup. No one really knows if the are getting the car for MSRP until they are driving it off the lot. Plenty of dealers have pulled scumbag moves on people and thrown in a markup on delivery day.
I should also say that I think the risk of this happening with MM or Ciocca is very low. They know they are the top dealers by a pretty wide margin because they don't pull this BS.
I should also say that I think the risk of this happening with MM or Ciocca is very low. They know they are the top dealers by a pretty wide margin because they don't pull this BS.
Last edited by Panfish; 12-19-2021 at 04:12 PM.
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Z0HS1CK (12-19-2021)
#47
Them saying something on a website has no legal meaning.
Also, to be clear, my Z06 deposit transaction was an electronic transaction by email They sent me a filled out formal "Retail Order for a Motor Vehicle". It has the terms of MSRP etc. as described above. It has specifically says "THIS ORDER IS NOT A BINDING CONTRACT UNTIL ACCEPTED BY DEALER OR HIS AUTHORIZED REPRESENTATIVE". The order is then electronically signed and accepted by myself and the dealer. This seems as close to a binding contract as you might hope for.
You should contact them if you want more detail or comfort if you already have a deposit with them. As I have said before, they are very transparent (maybe the most of any larger dealer) and were exact in how we were charged for previous 2 C8s.
Also, to be clear, my Z06 deposit transaction was an electronic transaction by email They sent me a filled out formal "Retail Order for a Motor Vehicle". It has the terms of MSRP etc. as described above. It has specifically says "THIS ORDER IS NOT A BINDING CONTRACT UNTIL ACCEPTED BY DEALER OR HIS AUTHORIZED REPRESENTATIVE". The order is then electronically signed and accepted by myself and the dealer. This seems as close to a binding contract as you might hope for.
You should contact them if you want more detail or comfort if you already have a deposit with them. As I have said before, they are very transparent (maybe the most of any larger dealer) and were exact in how we were charged for previous 2 C8s.
Yes, MacMulkin can succumb and move the Z06 goalposts alienating buyers, but the damage to their reputation, and thus nationwide attraction would impact them to a much greater degree than “Joe Blow Chevrolet”. In their case, it might be a pyrrhic victory to do that though, as many wouldn’t want to risk trust and patience with a distant dealer if they have a track record changing terms after deposit. Not to say it won’t happen, but IMO it would have much more severe consequences regardless of how many cars they get.
They make their money on volume, and that volume would be at risk with reneging on MSRP.
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#48
Damn.
#49
I would only hope that all Z06 buyers would just walk away and say no over MSRP. These dealers sell more them just Corvettes, trucks others cars and SUV's. They will never get my business on any of them!!!!!!
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tobaccokid (12-20-2021)
#50
Race Director
Was looking to replace my wife’s 2019 RAV4 with 2022 as her ‘19 is worth more than I paid for it.
Some of the ‘21’s have upwards of $4000 in dealer installed options that’re included in the MSRP. They’re on the Monrony sticker.
Dealers will find a way.
Some of the ‘21’s have upwards of $4000 in dealer installed options that’re included in the MSRP. They’re on the Monrony sticker.
Dealers will find a way.
#51
Race Director
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OP, unfortunately that 13k over msrp is actually a good deal for a C8 Z06. You could take possession of the car & turn around & sell it for a good profit. Obviously, these cars are in high demand & if the dealers are looking to make a nice profit with these cars, you can too
#52
Moderator
What if they keep raising it?
#53
Intermediate
Thread Starter
Nitro-C5, I sent you my emails and info I have regarding the mark up, I have it in writing from the sales person that they will be charging $13K. I hope you can use that, along with what others send you. I agree 110% with you!
Thanks!
Thanks!
#54
Le Mans Master
vote with your feet. Let someone else pay the stealership. I had the same thing happen when I custom ordered a Turbo T Buick
Dealer tried to jack me for 900 above the agreed to price which was on a contract. Took my cash put it back in my pocket and walked.
Stealership manager literally ran down the street and finally agreed to the price on the contract.
once you ORDER the car and have a sales contract, stick to it or as mentioned file in court for breach of contract.
I have found that ordering from the big guys who will work with you at MSRP is worth the miles to travel and get the car
you can even save enough to ship or museum deliver. I don't cater to greedy folks that think the corvette is a ferrari just because it looks like one
this is supposed to be the working Joe's hot rod, and doesn't have to be a rip off.
I guess I'm more patient too. Let someone else take the big depreciation hit and wait until the "newness" wears off a bit and prices will come down to suit the market value.
The old c4 zr1 guys paid MUCHO premium over sticker, now those low mile cars trade for a fraction of purchase. The Z06 won't be rare enough to be a collector, unless you want to grow old and save it for someone else.
I'll wear it out and fix it several times and be many smiles ahead. The $ don't buy that like driving does.
Dealer tried to jack me for 900 above the agreed to price which was on a contract. Took my cash put it back in my pocket and walked.
Stealership manager literally ran down the street and finally agreed to the price on the contract.
once you ORDER the car and have a sales contract, stick to it or as mentioned file in court for breach of contract.
I have found that ordering from the big guys who will work with you at MSRP is worth the miles to travel and get the car
you can even save enough to ship or museum deliver. I don't cater to greedy folks that think the corvette is a ferrari just because it looks like one
this is supposed to be the working Joe's hot rod, and doesn't have to be a rip off.
I guess I'm more patient too. Let someone else take the big depreciation hit and wait until the "newness" wears off a bit and prices will come down to suit the market value.
The old c4 zr1 guys paid MUCHO premium over sticker, now those low mile cars trade for a fraction of purchase. The Z06 won't be rare enough to be a collector, unless you want to grow old and save it for someone else.
I'll wear it out and fix it several times and be many smiles ahead. The $ don't buy that like driving does.
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#55
I get the NECESSARY PPF typically at approx. $3K.
Best we can all do is to spread the word far and wide that named dealer X is doing such and such. Then, if people choose to avoid and boycott that dealer for ANY (sales AND/OR service) business it's possible that if enough business hurt is put on them that other dealers may see that and avoid the prospect of business lost.
As they says, "nothing ventured, nothing gained". We have the freedom to bypass a dealer just like they have the freedom to stick it to us.
Best we can all do is to spread the word far and wide that named dealer X is doing such and such. Then, if people choose to avoid and boycott that dealer for ANY (sales AND/OR service) business it's possible that if enough business hurt is put on them that other dealers may see that and avoid the prospect of business lost.
As they says, "nothing ventured, nothing gained". We have the freedom to bypass a dealer just like they have the freedom to stick it to us.
Last edited by tobaccokid; 12-20-2021 at 10:42 AM.
#56
#58
Safety Car
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#59
vote with your feet. Let someone else pay the stealership. I had the same thing happen when I custom ordered a Turbo T Buick
Dealer tried to jack me for 900 above the agreed to price which was on a contract. Took my cash put it back in my pocket and walked.
Stealership manager literally ran down the street and finally agreed to the price on the contract.
once you ORDER the car and have a sales contract, stick to it or as mentioned file in court for breach of contract.
I have found that ordering from the big guys who will work with you at MSRP is worth the miles to travel and get the car
you can even save enough to ship or museum deliver. I don't cater to greedy folks that think the corvette is a ferrari just because it looks like one
this is supposed to be the working Joe's hot rod, and doesn't have to be a rip off.
I guess I'm more patient too. Let someone else take the big depreciation hit and wait until the "newness" wears off a bit and prices will come down to suit the market value.
The old c4 zr1 guys paid MUCHO premium over sticker, now those low mile cars trade for a fraction of purchase. The Z06 won't be rare enough to be a collector, unless you want to grow old and save it for someone else.
I'll wear it out and fix it several times and be many smiles ahead. The $ don't buy that like driving does.
Dealer tried to jack me for 900 above the agreed to price which was on a contract. Took my cash put it back in my pocket and walked.
Stealership manager literally ran down the street and finally agreed to the price on the contract.
once you ORDER the car and have a sales contract, stick to it or as mentioned file in court for breach of contract.
I have found that ordering from the big guys who will work with you at MSRP is worth the miles to travel and get the car
you can even save enough to ship or museum deliver. I don't cater to greedy folks that think the corvette is a ferrari just because it looks like one
this is supposed to be the working Joe's hot rod, and doesn't have to be a rip off.
I guess I'm more patient too. Let someone else take the big depreciation hit and wait until the "newness" wears off a bit and prices will come down to suit the market value.
The old c4 zr1 guys paid MUCHO premium over sticker, now those low mile cars trade for a fraction of purchase. The Z06 won't be rare enough to be a collector, unless you want to grow old and save it for someone else.
I'll wear it out and fix it several times and be many smiles ahead. The $ don't buy that like driving does.
Sorry…you got to pay to play…big boys only, please.
#60
Ironically when the C7 Z06 came out, out of all the big dealers MacMulkin was the only one that initially was demanding over msrp. They took a lot of bashing on the forums. And Kerbeck and the other dealers stayed at msrp. MacMulkin was forced to back down and sell their C7 Z06’s at msrp.