Awful Dealer Experience in Hollywood

[MrFRsLa]

Originally Posted by Zgrinch

I understand your point, and I have had a deposit down on a BRZ prior to all the hype and I am getting a great deal. The point is that he refuses to take deposits and commit to specific pricing because of greed. I think that point has now been clearly established by all the posts and now everyone here can avoid the dealership and move on to honest dealers.

Wow this guy really doesn't like me. I'll point out a few Things.

1.I have had a deposit down on a BRZ prior to all the hype and I am getting a great deal.

Hype drives prices up just like everything else. Go check Facebook stock. That was the bankers on wall st. Hyping up the stock. Down $10 is less than two weeks that's pure theivery.

2.The point is that he refuses to take deposits and commit to specific pricing because of greed.

Really? not just adjusting to market hype / demand?

[ruskymx]

I feel obligated to chime in on this one since I've been a salesman at my dealership for 10+ years now. I'm not saying that I know everything because I don't and still learn something just about everyday.

Since MrFRsLa is salesman too, he has no say, (well, he can voice his opinion, but it will fall on deaf ears), as to what his dealership wants to do with their inventory of FRS's. It seems to me that his dealership is trying to take advantage of the hype/demand for the car and just want to make a quick buck. The reason they are not taking deposits is because they had all intentions of loading them up with as much stuff as they wanted to increase the profit margins on them. It would be much harder for them to add extras to the cars if they had deposits already and customers were expecting the car to be basic with no extras. If his dealership seriously wants to increase their sales, they need to immediately stop adding extra stuff to all their FRS's. I can see accessorizing one as a showroom display model to show examples of things that can be done so that a consumer can see what the car looks like with X, Y and Z accessories, but be prepared to sit on that model for a while. I definitely would wait for the "hype" to settle down as well. The faster you sell your inventory, the faster Toyota/Scion will allocate you more cars. Having more cars available, will in turn increase your sales. You can't sell what you don't have. Good luck dong a dealer trade for an FRS without one to give back.

Will this dealership sell these loaded up cars.....probably, but they would be able to sell them faster as base models and earn more inventory quicker. Putting short term gains ahead of long term benefits is actually against the "Toyota Way"/culture of the company. I already read the book [ame="http://www.amazon.com/gp/product/0071392319/ref=as_li_ss_tl?ie=UTF8&tag=jefatfretoy-20&linkCode=as2&camp=1789&creative=390957&creative ASIN=0071392319"]The Toyota Way[/ame] by Jeff Liker and I'm currently reading [ame="http://www.amazon.com/gp/product/007176299X/ref=as_li_ss_tl?ie=UTF8&tag=jefatfretoy-20&linkCode=as2&camp=1789&creative=390957&creative ASIN=007176299X"]Toyota Under Fire: Lessons for Turning Crisis into Opportunity[/ame], which is about how Toyota handled the recalls and used it as an opportunity to grow. It's an excellent read so far on how companies should think, large and small.

I'm not bashing MrFRsLa either. He is actually doing the right thing by telling you what to expect when you see his cars or consider purchasing one. It's better to know upfront instead of getting there and there's $3k worth of stuff on the car that you don't want. If you know about the extras ahead of time, then you can decide if you even want to make the effort to go look at it.

Now as far as the ownership of the vehicle goes, when you finance a vehicle, you are the REGISTERED owner of the car. You offer the car as collateral to the bank to provide you with the loan to purchase it. Collateral is defined as an asset pledged as security for a loan. An asset is defined as something of monetary value that is owned by a firm or an individual.The bank is then listed on the title as a lien holder. A lienholder is the bank, finance company, credit union, other financial institution, or individual with whom you signed an agreement to borrow money using a particular asset, such as a car, as collateral.

Now when you lease a car, you are NOT the owner of the vehicle. The lease company, Toyota Fianancial Services, owns the vehicle. A lease is defined as an agreement between two parties whereby one party allows the other to use his/her property for a certain period of time in exchange for a periodic fee. Auto leases are an operating lease, which is short-term and the lessor (bank) retains all rights of ownership at all times.

MrFRsLa is correct in saying that consumers do not own the vehicle even if they leave a deposit on it. In PA, a consumer can back out and change their mind at any point, even after signing paperwork, but if they drive off of the dealership's property with THEIR registration, the are now an OWNER. If they go down the street and turn around and come back on the lot, technically the dealer can turn the customer away and say it's their car and we can't take it back. If that would happen, let the PR firestorm begin! This never happened at my dealership, but we have had customers come back on a Monday that bought a car on Saturday with buyer's remorse.

*off topic* My car still didn't ship yet! I hope it does tomorrow. My region was supposed to release the FRS's from the port today.

Ruskymx

[Subie]

Originally Posted by MrFRsLa

Sorry to hear it. I have just have been upfront with everyone I have spoke to. I wasn't sure what the market was going to be like at the launch. Mine all have leather but at least I will be upfront and tell you.

The only indisputable advantage the FR-S has over the BRZ is its price. The front bumper and suspension tuning, the interior trim all amount to buyer preference. When you add $2,995 for leather, the MSRP of an FR-S is $27,925. The MSRP of a BRZ Limited is $28,265, and that's with factory leather/alcantara ulphostery, not aftermarket, as well as all of the other goodies that come with the BRZ Limited trim such as keyless entry, HIDs and automatic climate control. You've effectively made the additional cost for those items a mere $340. Mark my words: Anyone who buys one of those leather FR-Ss from you is a complete moron, and that's an indisputable fact. $2,995 is an outrageous price to reupholster a 2+2 and prices the FR-S out of the market in which it was intended to compete.

[MrFRsLa]

Originally Posted by LeavingNormal

Not gonna lie kinda curious to stop by and see the seats you add to it. Most of the reviews have had pretty good things to say about the stock seats, not sure I'd want to mess with that. Are you getting it on yours? Or are you still considering colour?

For all to know I am waiting. For the car. I have wanted a raven manual for sometime now. And after this thread I have chooses to waiting line like everyone else. Getting the exact car I want and ENJOY it. Hopefully pick a few blondes and redheads in it.

[YukiHachiRoku]

[MrFRsLa]

Originally Posted by rcm47

Yeah, some of these dealers think they got a new supra so they're marking it like the supra..

I would love to tell the story of the supra. (how hard it was to get one / purchase one)It was way before my time but I know the story well.

[MrFRsLa]

Originally Posted by ZmZMWagon

Fix "Supply"?

More FR-s out of the gate for the high demand.

[ZmZMWagon]

Originally Posted by MrFRsLa

I would love to tell the story of the supra. (how hard it was to get one / purchase one)It was way before my time but I know the story well.

Except it's not that hard to get an FR-S.....you've got two at your dealer right now

[rcm47]

Originally Posted by MrFRsLa

I would love to tell the story of the supra. (how hard it was to get one / purchase one)It was way before my time but I know the story well.

I want to hear.

[phenoyz]

Originally Posted by ZmZMWagon

Except it's not that hard to get an FR-S.....you've got two at your dealer rigth now

what stealership is that?

[Capt Canuck]

Originally Posted by Subie

The only indisputable advantage the FR-S has over the BRZ is its price. The front bumper and suspension tuning, the interior trim all amount to buyer preference. When you add $2,995 for leather, the MSRP of an FR-S is $27,925. The MSRP of a BRZ Limited is $28,265, and that's with factory leather/alcantara ulphostery, not aftermarket, as well as all of the other goodies that come with the BRZ Limited trim such as keyless entry, HIDs and automatic climate control. You've effectively made the additional cost for those items a mere $340. Mark my words: Anyone who buys one of those leather FR-Ss from you is a complete moron, and that's an indisputable fact. $2,995 is an outrageous price to reupholster a 2+2 and prices the FR-S out of the market in which it was intended to compete.

Spot on. It may be a bit of a leap too far, but I'd look at these FRS cars they added leather to, as used cars whose owners subsequently added aftermarket leather. Albeit used cars with very few miles on them.

I cannot believe anyone would choose one of them over a cheaper new unmolested FRS or the way way better valued BRZ.

[ZmZMWagon]

Originally Posted by phenoyz

what stealership is that?

The one adding almost 3K for leather seats in the FR-S.......Carson Toyota?

[MrFRsLa]

Originally Posted by YukiHachiRoku

I'll see you one Reddit! LOL

[Zgrinch]

Originally Posted by MrFRsLa

Wow this guy really doesn't like me. I'll point out a few Things.

1.I have had a deposit down on a BRZ prior to all the hype and I am getting a great deal.

Hype drives prices up just like everything else. Go check Facebook stock. That was the bankers on wall st. Hyping up the stock. Down $10 is less than two weeks that's pure theivery.

2.The point is that he refuses to take deposits and commit to specific pricing because of greed.

Really? not just adjusting to market hype / demand?

Hype is not driving up the price, it's your BS add ons that are driving up the price. I suggest you this forum because most here are getting thier cars at or below MSRP, with exactly what we want. You really cannot be surprised by the reaction you are getting based on your dealers sales tactics.
I realize you don't make the rules, just follow them....so don't take it personally, as my comments are directed squarely at your crappy dealership.