Pi Esq.
Well-Known Member
Some of us have written, signed documents showing what price we will pay. A subset of this group has an actual price that is "locked-in" (i.e., the dealer signed a document showing that the price to be paid upon delivery is a fixed number), and a subset of this group has a formula that is "locked-in" (i.e.., the dealer signed a document showing the price to be paid upon delivery will be X% below MSRP). In both cases, however, the dealer has "guaranteed" a particular price.what do you all mean about price protection from the dealer
i have a write up from my dealer,with the trade value,and a monthly price for the one
i ordered,is it possible this is price protection??????
If all you have is a monthly price, I'd be very skeptical and would not consider that "locked-in." There are so many gymnastics a dealer can play with monthly price that it doesn't mean anything. I could figure out how to make both a $50,000 truck and a $90,000 truck cost $500 per month; the monthly payment is useless when determining how good (or bad) your deal is.