Advice..
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Intermediate
Joined: Sep 2010
Posts: 34
Likes: 0
From: MA
Advice..
I'd like to get some opinions here on my situation..
I just signed a purchase agreement for my 2009 Street Bob (I posted the obligatory New member post) I did do some negotiating, mostly on the financing end.. but by the end of the sales manager talking my ear off I just wanted to sign and get out of there... which I'm sure was intentional.
Anyways, I did buy the gap insurance from them ($515) and now I see that they added a doc fee ($199) then after I sign the agreement, Before I sign the financing papers they tell me that they don't have the title yet from HD as this bike was a recent trade in.. (been waiting for it since wed of last week) Also, my credit union would give me gap insurance for $199.
My question is, since the mileage is off can I say that I want to sign a new agreement and then fight the doc fee and possibly try to get some off of the gap insurance, or some other perk?
Thanks for any opinions, if they had the title and I purchased it I would be totally ok with my deal, but now that I have to wait I just keep thinking about it... haha
I just signed a purchase agreement for my 2009 Street Bob (I posted the obligatory New member post) I did do some negotiating, mostly on the financing end.. but by the end of the sales manager talking my ear off I just wanted to sign and get out of there... which I'm sure was intentional.
Anyways, I did buy the gap insurance from them ($515) and now I see that they added a doc fee ($199) then after I sign the agreement, Before I sign the financing papers they tell me that they don't have the title yet from HD as this bike was a recent trade in.. (been waiting for it since wed of last week) Also, my credit union would give me gap insurance for $199.
My question is, since the mileage is off can I say that I want to sign a new agreement and then fight the doc fee and possibly try to get some off of the gap insurance, or some other perk?
Thanks for any opinions, if they had the title and I purchased it I would be totally ok with my deal, but now that I have to wait I just keep thinking about it... haha
Road Captain
Joined: Aug 2010
Posts: 709
Likes: 0
From: Levittown, PA
Welcome to the forum from Levittown, PA.
Gap insurance can be very useful if you put the minimum (usually 10%) down, including the positive equity you added from the value of a trade. Why would you buy gap from the stealership if your credit union offers it?
A mistake many people make when it comes to financing: forget to ask questions (IMHO). Glad to read you did some finance negotiation. You could consider to refinance with your credit union in a few months (most financial institutions like to see about six months of payments made when you apply to refi.).
Gap insurance can be very useful if you put the minimum (usually 10%) down, including the positive equity you added from the value of a trade. Why would you buy gap from the stealership if your credit union offers it?
A mistake many people make when it comes to financing: forget to ask questions (IMHO). Glad to read you did some finance negotiation. You could consider to refinance with your credit union in a few months (most financial institutions like to see about six months of payments made when you apply to refi.).
1st Gear
Joined: Sep 2010
Posts: 5
Likes: 0
Welcome, If you can finance through your Credit union as much as you can. Usually if you have some history with them they will help out. I am sorry to all you dealers out there I never trust dealers. Buyer beware.
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Club Member
Joined: Apr 2010
Posts: 1,760
Likes: 47
From: N. Texas
Dont take delivery until you are satisfied they have the title and get the gap insurance elsewhere.
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Tourer
Joined: Aug 2010
Posts: 409
Likes: 0
From: Tucson,Arizona
Sounds to me like you are getting some kind of run around etc.....I would just back out of the deal and work with my credit union and go look for another Harley.....as there are zillions of them out there... just my opinion.....bigal v
