Safety Recall Notice
#1
Safety Recall Notice
I just got a safety recall notice letter, the transmission is really the downfall of this car. They really should take it all back and put in new ones. I love this car but i have spent too much time in the dealership on problems that shouldn't even be there. That includes that stupid paste on aero kit they call the GT kit now that keeps falling off because it sucks.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
#2
I just got a safety recall notice letter, the transmission is really the downfall of this car. They really should take it all back and put in new ones. I love this car but i have spent too much time in the dealership on problems that shouldn't even be there. That includes that stupid paste on aero kit they call the GT kit now that keeps falling off because it sucks.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
#3
CTSV,TL, Audi Q7 & A5SB
Yeah the trans has been a real issue for a lot of TLX owners as well as how Acura has dragged their feet.. I assume you've seen this thread..
https://acurazine.com/forums/5g-tlx-...-2-3-a-919230/
https://acurazine.com/forums/5g-tlx-...-2-3-a-919230/
#4
Burning Brakes
How come out of all the freakin TSB announcements, my Canadian 2015 TLX has received not one letter about fixing something. And don't tell me my Nov 2014 build is perfect, we all know that's not true. I honestly think that at this point I'd have better service from the likes of even Audi/BMW!!! Buy Honda because they give quality service .... my ass, they used to that's for sure.
#5
Yeah the trans has been a real issue for a lot of TLX owners as well as how Acura has dragged their feet.. I assume you've seen this thread..
https://acurazine.com/forums/5g-tlx-...-2-3-a-919230/
https://acurazine.com/forums/5g-tlx-...-2-3-a-919230/
#6
How come out of all the freakin TSB announcements, my Canadian 2015 TLX has received not one letter about fixing something. And don't tell me my Nov 2014 build is perfect, we all know that's not true. I honestly think that at this point I'd have better service from the likes of even Audi/BMW!!! Buy Honda because they give quality service .... my ass, they used to that's for sure.
#7
Summer is Coming
What bothers me the most is they charged me more in interest because I'm a minority. I got two letters, one from lawyers saying they have settled and I will receive money. Then I got another letter from Acura itself saying they agree to this lawsuit being true. What the hell?! Really?!
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#8
Summer is Coming
I just got a safety recall notice letter, the transmission is really the downfall of this car. They really should take it all back and put in new ones. I love this car but i have spent too much time in the dealership on problems that shouldn't even be there. That includes that stupid paste on aero kit they call the GT kit now that keeps falling off because it sucks.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
Electrical issues, hesitation in the tranny didn't bother me too much. Now I have to go back to the dealership again and waste more time. I buy a nice car so I wouldn't have to do this kind of thing.
Anyway letter states the fix will be an update to the software because some wire might break in the tranny. Don't know how a software update is going to fix that...at this point I doubt Acura knows what the hell they are doing. I'm now in the market for another car...and it won't be an Acura.
http://www.urvi.net/forumfiles/SB/B16-075.PDF
#10
#11
http://www.consumerfinance.gov/about-us/newsroom/cfpb-and-doj-reach-resolution-with-honda-to-address-discriminatory-auto-loan-pricing/
#12
Senior Moderator
Originally Posted by BlackTLXadvance
Higher than yours most likely.
Heres a link to the settlement. 24 Million dollar settlement. There was an investigation and they settled for 24 million. Don't worry about my credit score.
Heres a link to the settlement. 24 Million dollar settlement. There was an investigation and they settled for 24 million. Don't worry about my credit score.
If you think you have some sort of legal case , you should be consulting a lawyer rather than an online forum.
#14
Relax man. It was a simple question that's 100% relevant to the issue you brought up as to why you may have a higher interest rate. I understand you are frustrated but lashing out at members on a public forum isn't going to make your issues go away.
If you think you have some sort of legal case , you should be consulting a lawyer rather than an online forum.
If you think you have some sort of legal case , you should be consulting a lawyer rather than an online forum.
This leaves me with a huge distaste for the car, every time I look at it or drive it.
#15
#17
#18
Being a minority's didn't mean one would automatically receive a higher interest rate, though there's enough evidence there to indicate that some dealers were discriminating based on race.
#19
Senior Moderator
#20
The article indicates the dealer markups were discretionary, I.e. Each dealer could independently determine, on a case by case basis, who they would offer a higher interest rate to. This was for American Honda Finance backed loans only.
Being a minority's didn't mean one would automatically receive a higher interest rate, though there's enough evidence there to indicate that some dealers were discriminating based on race.
Being a minority's didn't mean one would automatically receive a higher interest rate, though there's enough evidence there to indicate that some dealers were discriminating based on race.
By by the way Acura and Honda are the same company. I bought an Acura but Honda financed the vehicle. Honda Financial.
#21
Azine Jabroni
Yeah, Acura Financial Services is just a DBA for Honda Financial Services.
#22
Three Wheelin'
I don't want to make light of your situation but these lending issues are quite complex. I can't get too into the specifics but I had close dealings with a very large case and when independent numbers were ran it actually found that the Feds may have been incorrect in their assessment and their data may have been off of the mark. A lot of companies, especially the bigger ones, will just pay out to avoid further bad press and it may benefit them financially to do so at that time, as they could owe more if it drags out. Demographics and lending can be a tricky animal and I am NOT saying that lending discrimination can't and doesn't happen, but it may not be as widespread as it is believed to be.
But regardless, I am sorry to hear that you are having all of these issues and I think the brand has taken a nosedive unfortunately.
But regardless, I am sorry to hear that you are having all of these issues and I think the brand has taken a nosedive unfortunately.
#23
9th Gear
Join Date: Nov 2016
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I agree - The lending issues are very complex. Without diving into it let's just say the statistics of the races where dealer makes a higher margin of rate mark up is with the minority race. It could be that whatever race you are, that area where you live, is more likely to not stand firm on negotiating an interest rate than a price. I'll just leave it there.. as far as the kit goes, I'm not sure how it would fall off. I have a 16 TLX Advance SHAWD and with over 9,5XX miles I don't see any fit or finish issues. Maybe they just poorly installed it. Have them relook at it, as I highly doubt you got them outside of the dealership to be installed.
#24
I agree - The lending issues are very complex. Without diving into it let's just say the statistics of the races where dealer makes a higher margin of rate mark up is with the minority race. It could be that whatever race you are, that area where you live, is more likely to not stand firm on negotiating an interest rate than a price. I'll just leave it there.. as far as the kit goes, I'm not sure how it would fall off. I have a 16 TLX Advance SHAWD and with over 9,5XX miles I don't see any fit or finish issues. Maybe they just poorly installed it. Have them relook at it, as I highly doubt you got them outside of the dealership to be installed.
I dont think its the deslers fault, I think the kit is poorly made.
#26
If you read the report it won't matter what my credit score is. They will always up quote what the bank first quoted. Credit score is irrvelant here, what my credit score is is not the point. So if the bank quotes me at .9 the dealerships will make it higher then tell you this is the banks quote. To make it worst the investigation says they only do it to minorities.
This leaves me with a huge distaste for the car, every time I look at it or drive it.
This leaves me with a huge distaste for the car, every time I look at it or drive it.
Rather than cry because you think you're a victim, take your business somewhere else.
#27
As an indirect auto lender, Honda sets a risk-based interest rate, or “buy rate,” that it conveys to auto dealers. Honda then allows auto dealers to charge a higher interest rate when they finalize the deal with the consumer. This is typically called “dealer markup.” Markups can generate compensation for dealers while giving them the discretion to charge consumers different rates regardless of consumer creditworthiness. Honda permitted dealers to mark-up consumers’ interest rates as much as 2.25 percent for contracts with terms of 5 years or less, and 2 percent for contracts with longer terms.
The reference to AFHC-backed loans is to differentiate from those loans that the dealer might offer via agreement with local banks/credit unions. Fully understand that AFS and AFHC are one and the same.
#28
You really think your rate is influenced by your ethnicity? If so, why don't you just refi somewhere else? I'm what you may call a "minority", and I have no problems whatsoever. Then again, my score is +800 also.
Rather than cry because you think you're a victim, take your business somewhere else.
Rather than cry because you think you're a victim, take your business somewhere else.
#29
From the article you linked to:
AFHC offers the loans via the dealers while giving the them the power to increase those rates without regard to credit worthiness. Some (not all) dealers abused this by charging minorities a higher rate. AFHC had and obligation (and failed) to monitor and enforce compliance with the Equal Opportunity Credit Act.
The reference to AFHC-backed loans is to differentiate from those loans that the dealer might offer via agreement with local banks/credit unions. Fully understand that AFS and AFHC are one and the same.
AFHC offers the loans via the dealers while giving the them the power to increase those rates without regard to credit worthiness. Some (not all) dealers abused this by charging minorities a higher rate. AFHC had and obligation (and failed) to monitor and enforce compliance with the Equal Opportunity Credit Act.
The reference to AFHC-backed loans is to differentiate from those loans that the dealer might offer via agreement with local banks/credit unions. Fully understand that AFS and AFHC are one and the same.
Thats exactly what the report says. Minorities and and not whites. "Some not all". Anyway, let's pretend this never happened, the whole 24 million dollar settlement. This car still kind of sucks, tranny sucks, paste on kit wasn't well thought out. I think the only real good thing about this car is it's quiet. If anybody asked me would I recommend this car I would say at that price point don't buy it. Look at me, I'm switching brands and I'm an Acura fanboy like you.
#30
I bought the showroom car with everything on it except all wheel drive because when I bought it they haven't even started production on it yet and I couldn't wait. 48K I think it was and that's not including tax. If you think I care about the money you're wrong, it's not about the money. Dude
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03-30-2016 08:17 PM