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Forum Ethics
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<blockquote data-quote="Morne Coetzee" data-source="post: 865474" data-attributes="member: 17259"><p>"Adding to this, some dealers give preference to existing clients... And it all depends on the dealership and the way they handle finance approvals. For instance, when I bought my 3rd BMW, the sales staff and service staff knew me by then. I walked in, pointed at the trade in I want. The salesman evaluated my current car, made an offer. When he checked the system, there were 3 outstanding approvals on the model. Since I was part of their existing client program, I had the benefit of first option. I called my bank and approval was done in 15mins flat. So it all depends on the agreement the dealership has with the client/potential client."</p><p></p><p>So your'e saying while a car is awaiting finance approval the potential buyer has no legal standing? Therefore a cash client should be able to walk in and do a deal there and then?</p></blockquote><p></p>
[QUOTE="Morne Coetzee, post: 865474, member: 17259"] "Adding to this, some dealers give preference to existing clients... And it all depends on the dealership and the way they handle finance approvals. For instance, when I bought my 3rd BMW, the sales staff and service staff knew me by then. I walked in, pointed at the trade in I want. The salesman evaluated my current car, made an offer. When he checked the system, there were 3 outstanding approvals on the model. Since I was part of their existing client program, I had the benefit of first option. I called my bank and approval was done in 15mins flat. So it all depends on the agreement the dealership has with the client/potential client." So your'e saying while a car is awaiting finance approval the potential buyer has no legal standing? Therefore a cash client should be able to walk in and do a deal there and then? [/QUOTE]
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