After 3 months of waiting, my WDP 6MT Navi TL arrived. I went on the website and a banner appeared - 1.9 percent on all acura's on labor day weekend. I was very happy to see that...I was gonna pay all cash but thought...I would actually make some money and have some cash reserve if I take advantage of the special financing and put my money in an account making more than 1.9 percent.

The next day after picking up my car, the dealership calls me up and tells me that they made a mistake, and that the 1.9 percent finacing was only good for Southern California and not Nor cal (for some stupid reason). They told me that they felt really bad and needed me to come down and redo the financing.

I asked why honda finance could not make one exception and they just said it cannot be done. Unfortunately the contract that I signed mentioned that if my loan was not approved, they had the right to take the car back so I couldnt just say..tough luck.

For my troubles they gave me a trunk tray and mudguards, and topped off my gas.

That kinda killed my mood a little...but the TL is definitely a great car to drive.

 

They owe you more than that. Give them hell, for not being upfront. I wouldn't have gone back, or I would have made them take the car back, and threatened to buy it in N. Cal.

 

That sucks, right now for Memorial Day weekend Acura's offering 0% financing on all new vehicals for 36 months. I guess every state has there laws governing financial offers. By the way I am in Illinois.

 

You should get a full tank of gas in the first place. If you were quoted 1.9%, and there wasn't any small print limiting the locations, they should be obligated to what they say. Also, if you signed the documents at that percentage, they absolutely must adhere to what it says.

 

Don't they run a credit check prior to generating paperwork. Once the paperwork is signed, doesn't that mean your loan is approved? I don't think any dealer would let you have the car pending loan approval. If you still have a copy of the original paperwork, it may be worth looking into ..... if they screwed up, you may have a legitimate gripe. That's an insult to give you a trunk tray and mudguards - those items are usually thrown in as part of the package.

 

As I have posted this in another thread, the other day I went in to the dealership to get some license plate hole covers the financing manager came up and said they changed my rate. In my case it was a good thing...they actually lowered it by a percent. Honda Financial made a mistake when I first signed the paperwork.

 

The actual AHFC rates for memortial weekend are 36@1.9; 48@2.9 & 60@3.9% Anthing else, dealer is buying it down or not telling the truth. BTW this is for preferred and Super preferred tiers only

 

yeah the dealer is paying for the difference. They even told me they wont even really deal down on the cars with such a low rate.

 

Elee712,
What did they end up charging you?? IE, what percentage for # of months??

 

I ended up paying cash for the car. The very best rate they could get me even with preferred credit was 5.9 percent which is way too high.

If the car was one I just found on the lot, I would have just gave back the car and went down to socal to buy it. Unfortunately, it was a special ordered car and I had waited 3 months to finally get it.

 

I picked up my TL on Friday. They initially offered 5.99% but I had a competing bid from ELOAN of 5.2%, which Honda Finance matched.

ABP / Camel / 6spd

 

Never new they would match interest rates. My credit union was offering 3.9% for either 60 or 72 months for a new car.

 

You have good credit and all they could give you was 5.9?? Booolshieet. My rate is lower than that.

But you did good by paying cash!! You have no car payment to worry about!! Wish I could have done the same!

 

I got fooked over in Toronto @ 6.4 % financing. Bank was even worst at 7%.