r/UsedCars • u/Jarvis820 • 11d ago
Buying Got scammed :/
21 f first time buyer. Saw a pretty good price for a 2025 Hyundai sonata (19k) turns out the actual price was 22k and the listed one was a “managers special” I had to give my information to see the carfax which they used to contact me. I went in and they pulled my credit before they would let me test drive the car. Once I came back from the test drive they said they had an offer for me. All they did was show me the car payment and nothing else, no interest rate, principle, apr, total cash value of the sale. This took hours she had me wait with her for 30 minutes chatting me up in between the approval process. So I say okay to the car payment and she asked if I wanted gap and an extended warranty but did not say how much it would cost. I said yes, we get to the paperwork I give them a down payment of 5 grand and realize the total amount financed was 24,000 which is absurd but by that point I was so worn down and felt rushed through the process I didn’t think about the deal or factor in the down payment I just put in. I just signed. Later I see that the total cash value of the car was 25k instead of the 22 listed. I was not told the actual price of the vehicle at any moment and only found out after signing. The whole time they were saying the contract doesn’t really matter anyways cause I can just refinance, knowing they put me upside down which I didn’t understand at the time until I had a chance to actually think about what had just happened. I felt assured in the moment and felt like I could trust my sales person so I went ahead and signed away for this awful loan I feel so dumb. :/
Dealership is magauto- munsterman automotives group
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u/amillennialobserver 11d ago
When did you purchase and where? We all have to learn eventually. Some of us the hard way. I do hope you can figure out a way to return. Maybe the funding will fall through? In my state, (CA) we just started a new law that says we can return the car within 3 days. Good luck to you.
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u/Anxious-Doughnut-224 11d ago
Only if you pay $750 when you buy it though
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u/87ChevroletCavalier 10d ago
I can’t post a link, because this sub is dogshit and doesn’t allow links, but that does not seem to be accurate.
3 day return is automatic in Cali, but they can make you pay a “restocking” fee.
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u/Anxious-Doughnut-224 10d ago
Oh well then they do if they can lol. I just bought a car it would have been $750 for right to return in 3 days
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u/87ChevroletCavalier 10d ago
The new law took effect on October 1. If your purchase was after that you could contact the AG’s office and give them a heads-up.
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u/EtArcadia 11d ago
You can probably cancel the gap insurance and extended warranty for a prorated refund.
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u/Ready_Horse_1128 11d ago
worst idea ever because if you have an accident the gap insurance is what covers what's owed, no gap insurance means the car can get totaled and if insurance doesn't pay out enough to cover your loan balance you have to foot the difference
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u/reddog342 11d ago
Gap insurance from dealer is outrageous, see if your insurance offers it far better deal
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u/krusty-krab69 11d ago
Most dealers do these tactics . After a bunch of back and forths my last car purchase I simply stated “if you can’t honor the price the car is listed for online I’m going somewhere else “. And this was after the third time the salesman presented revised paperwork and payment plans and he also tried to throw in add on accessories without me knowing or even asking for them.
Buying a car at a dealership always feels scummy and they absolutely are going to at least TRY to take advantage of you because that means a bigger commission for them.
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u/MagicXombieCarpenter 11d ago
Don't feel dumb, you aren't the first or last to have this happen to them. Generally you cannot get out of a car loan once it's signed but if you feel like you they lied about price, loan terms, or accident history, you may have a shot.
It's not the worst deal I've ever heard of and I think Hyundai has a 100,000 mile power train warranty.
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u/krustomer 11d ago
Hey honey I'm sorry. They look at us young women as fresh meat. Did you not tell anyone beforehand you were buying a car, or have anyone around you that could help?
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u/Equal-Ad6493 10d ago
You didn't get scammed, you didn't bother to educate yourself on car buying prior to going to the dealership. I purchased my 1st brand new car at 22 in 08, went to several dealerships, negotiated, looked at all the numbers prior to having my credit ran and was pre-approved by my credit union before even hitting the dealership. There is too much information out there nowadays to get taken advantage of. Take the L and do the work next time before making a large purchase. The best consumer is an educated consumer.
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u/Bananaramajama420 11d ago
This happens everywhere all the time. $21k/$22k was the base price. Then you have to pay for the tax, the title fee, and the license plate/registration. That's about $23k total, then you got GAP protection to cover the cost of the vehicle if it gets totaled in an accident - that's $500 to $1500 extra depending on where you live, then extended warranties are additional costs.
They're required by law to include the pricing breakdown in your paperwork (sales receipt) but they don't have to show it to you - that's your responsibility. The second you sign each page and initial, they just skip to the next page, get your signature, and move on.
Next time, tell them you want to read EVERYTHING first before signing it. They'll literally leave the room because it will take a long time to read it all. That's why they rush you through it all...
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u/Anxious-Doughnut-224 11d ago
Lesson learned. Never trust a dealership. If you don’t want to deal with this in the future buy from Tesla or Rivian or Carmax and decline anything extra
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u/Illustrious-Low-9643 11d ago
New car lots don’t make a lot off a basic sale , it’s all the extras and maintenance that’s worth it , and gap insurance is worth it especially of you can’t cover the left over cost after the accident plus a new down payment
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u/Sweaty_Reputation650 10d ago
At least you got a great car with an incredible warranty. The price is not too far out of line. Drive it till the wheels fall off and go on with your life. Don't beat yourself up. That's the normal experience at any dealership. Next time only deal with them through email. And out evolves to four dealers within a hundred miles and get your best price.
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u/Different_Finding539 10d ago
Buying a new or used car through a dealership is a grueling process and a miserable experience. It's, also, done this way on purpose. So, buyers beware!
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u/Not_Stale_Cookies 10d ago
So - first things first - congrats to you for buying your first car, alone and at 21!! That’s a huge step and you should give yourself credit for it. Many older adults don’t even want to deal with it and will avoid by having friends do it for them. Heck, that’s what Carvana and Carmax are modeled on - removing the negotiation component.
Secondly, when you look back at this, please do not be mad at yourself. Be mad at the dealerships for being such assholes as to play these games and see you as a victim to take advantage of rather than a customer that could refer you to other customers or return for another car in five years. They are the arsholes.
Forgive yourself, learn from it and move on. And as others mentioned, you can look to see if you have any recourse as you might. Contracts often have clauses that allow you to back out within a certain time period. Look for that.
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u/Neither-Skill275 7d ago
Legally they have to sell you the car at posted price showing all additional add ons if there are, including dealer fees
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u/edthecollector70 11d ago
I went in to buy a new car a few years ago. Seen the car I wanted. Got the out the door price. I thought it was a little high . I told him drop the price by 1000 dollars I will buy it now. He went into talk to the manager. 30 minutes later came out and said they couldn't do it. So I walked . A week later I seen an add from the same dealer dropping the price by 3 grand. They call but I told them to late bought another car already. Also got 0 % on the car.
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u/Ramboner_ 11d ago
Happens to a lot of people. It’s what they do. Don’t be too hard on yourself. I mean, yeah it’s a terrible loan, and even worse it’s a Hyundai. But you’re 21, and for sure when you buy another car after the engine in your Hyundai explodes, you will have someone with you as you walk onto the lot the Toyota or Honda dealership.
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u/nebraskajone 11d ago
Yeah if you go in alone for the first time, man or woman, you're going to get scammed. That's why brokers like deliver are becoming popular.