Honda Complaint - Don't Leave Dealership Until You Absolutely Are Approved For Credit!!!
WESLEY CHAPEL, FLORIDA -- Incident = I called the dealership and talked to a salesman Ken Wilson who told me they would give me the best deal and also had a first time buyer program so I would be approved to get a new Honda civic 2010.
After going in we looked at a few models while they processed my credit application I waited and waited and waited.
After 5 hours they finally came back and said I was approved Ken Wilson, Mike the manager and John the finance guy all told me congratulations I am the proud new owner of the Honda civic I called Geico and got my insurance policy faxed over signed the purchase agreement and away I went so happy!!!
30 days later I received a phone call saying that I was not approved and I would need to pay $2500.00 down with the interest rate also going up and needed a co-signer. I looked on line to see what they were talking about and found out that this is a SCAM SALES POLICY that Wesley Chapel Honda practices all the time called YOYO financing or SPOT Delivery I cannot believe that this is a practice which is OK in State of Florida.
They let you drive away thinking you just purchased a new and negotiated a decent deal to find out you are just being set up to be charged a higher price later after you have falling in love with your new car. What a first time buying experience. This has to be wrong!!!!!!