Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal
01-20-2010, 12:58 PM
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Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal
Filed under: Car Buying, Coupe, Performance, Auctions, Hyundai
File this one under the dangers of mixing traditional Brick & Mortar business practices with the immediacy and transparency of the internet. Glenn Hyundai of Lexington, Kentucky placed a slightly used Hyundai Genesis Coupe 2.0T on eBay Motors. There was no reserve, and a gencoupe.com forum member named McFly made a bid of $16,125 and won the auction (here's a PDF of the auction in case the eBay link goes dead).
Not a bad price, especially as the Gen Coupe in question had less than 5,000 miles on it and costs over $22,000 when new. McFly then secures financing from his bank to pay for the Coupe, makes the necessary travel arrangements to go pick up his car (he doesn't live in Kentucky) and calls the dealer to put down a deposit with his credit card. This is when things begin to go bad. We'll let McFly take it from here:
We contacted Glenn Hyundai to get their side of the story, but were passed around before ultimately being hung up on. We then contacted Hyundai USA, who told us, "We expect our dealers to contract in good faith with customers. We do not know the details of this transaction. But we hope the dealer and customer in question can come to a mutually beneficial agreement." We'll keep you posted if McFly's situation changes.
[Source: gencoupe.com]Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal originally appeared on Autoblog on Wed, 20 Jan 2010 14:58:00 EST. Please see our terms for use of feeds.
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File this one under the dangers of mixing traditional Brick & Mortar business practices with the immediacy and transparency of the internet. Glenn Hyundai of Lexington, Kentucky placed a slightly used Hyundai Genesis Coupe 2.0T on eBay Motors. There was no reserve, and a gencoupe.com forum member named McFly made a bid of $16,125 and won the auction (here's a PDF of the auction in case the eBay link goes dead).
Not a bad price, especially as the Gen Coupe in question had less than 5,000 miles on it and costs over $22,000 when new. McFly then secures financing from his bank to pay for the Coupe, makes the necessary travel arrangements to go pick up his car (he doesn't live in Kentucky) and calls the dealer to put down a deposit with his credit card. This is when things begin to go bad. We'll let McFly take it from here:
Youch - and you know there's a Hyundai Assurance joke in there somewhere. No one wants to be laughed at, especially when you won the car in question fairly and in a legal manner on an eBay auction. McFly doesn't give up, and eventually finds out that the owner's name is Cy Dicken. He gets in touch with a guy named Tad, who called McFly supposedly to take his credit card info. It turns out that Tad is the person who placed the Genesis Coupe on eBay in the first place. More from McFly:
I talk to the front desk secretary, ask her how to make my deposit for an Internet Sales deal I have, and she immediately transfers me to Eric Manley. I talk to Eric briefly and he laughs at me over the phone, "Sorry buddy but you're not getting it for that price, he says." I tell him it's a deal that I have worked out with the Internet Sales guy, and I'm ready to make the deposit. He laughs at me again, and says, "sorry buddy, not for that price." It's obvious that this guy knows nothing about it, but it's odd that he won't let me make my deposit. He's clearly either confused or not the right guy.
Ooof... It goes on and on like this - long story short, McFly didn't get the car at that price. We saw a similar case a while back when a Nebraska BMW dealer refused to honor an auction for a $60,000 M3. Due to pressure, they eventually caved in and agreed to let the car go for the price they sold it for. Still, you got to wonder if the few thousand dollars both of these dealers feel they deserve is worth the headaches and bad press.
Tad tells me that he's the one that made the deal (listed the ebay auction), and there is no way I'm getting it for that price, and that he doesn't care about the Legal Binding Contract that they have (the ebay auction), I'm not getting the deal.
We argue back and forth for a while. He offers a Christmas card, and then a Turkey [sic] for compensation, while I tell him that I have a "Legal Binding Contract" from them and that I'm not going away until I get my car or some compensation for this headache that they've put me through." He then says, that "Sorry, car has already been sold, so you can't have it it's gone."
...He says "we're going around in circles, you're not getting the car that I don't have here to sell you, and definitely not for that price. You've had a few people hang up on you already, why continue this. Didn't I tell you I was the owner." All lies of course, as I tell him "No you told me that you were Tad, not Cy Dicken, and everyone has been real nice so far, no ones hung up on me."
We contacted Glenn Hyundai to get their side of the story, but were passed around before ultimately being hung up on. We then contacted Hyundai USA, who told us, "We expect our dealers to contract in good faith with customers. We do not know the details of this transaction. But we hope the dealer and customer in question can come to a mutually beneficial agreement." We'll keep you posted if McFly's situation changes.
[Source: gencoupe.com]Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal originally appeared on Autoblog on Wed, 20 Jan 2010 14:58:00 EST. Please see our terms for use of feeds.
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01-20-2010, 02:12 PM
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Wow...thats some messed up stuff. Whats even more messed up is the fact that Hyundai USA didnt step in more and tell this dealer to honor the winning bid. headshake.gif
I would of contacted a local news station and told them about the dealer and even the BBB. I'm sure the dealer wouldnt like it if the city knew about their bad practices.
I would of contacted a local news station and told them about the dealer and even the BBB. I'm sure the dealer wouldnt like it if the city knew about their bad practices.
01-20-2010, 02:27 PM
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Hyundai dealers suck so much. and hyundai corporate still cuts corners. at least BMW interfered and let their car go. that is why my fam always, always bought used hyundais and never support the dealership. the one time we did buy a new hyundai we got ripped off.
as much as i never liked GM's designs, they were old-fashioned good old Americans that helped you when in need. they always backed their customers, and not care less. the one time we owned a Saturn, they gave us a brand new oxygen sensor for FREE and sent us a hand written thank you card.
...and when my dad bought his SEAT, the dealer almost bonded like family. at least when you buy cars like that, you're buying it for the great people behind it, not some scam artists.
but hyundai? i've been to six, and all five treated me like an intruder.
i wonder if this Mcfly guy will dispute this in court, but that costs money too.
as much as i never liked GM's designs, they were old-fashioned good old Americans that helped you when in need. they always backed their customers, and not care less. the one time we owned a Saturn, they gave us a brand new oxygen sensor for FREE and sent us a hand written thank you card.
...and when my dad bought his SEAT, the dealer almost bonded like family. at least when you buy cars like that, you're buying it for the great people behind it, not some scam artists.
but hyundai? i've been to six, and all five treated me like an intruder.
i wonder if this Mcfly guy will dispute this in court, but that costs money too.
01-20-2010, 05:02 PM
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That's completely retarded. There is no way that a couple grand lost on the car would be worth the bad publicity for this dealer.
I agree that McFly should have talked to corporate. Even if it isn't worth it for some redneck Kentucky dealership owner to make things right I'm sure Hyundai would see it to be in their best interest to turn this into good publicity by giving him a new Gen Coupe for the price of his winning bid since the original car was sold.
Personally I would take the dealership to court. Assuming that Hyundai didn't help me out.
I agree that McFly should have talked to corporate. Even if it isn't worth it for some redneck Kentucky dealership owner to make things right I'm sure Hyundai would see it to be in their best interest to turn this into good publicity by giving him a new Gen Coupe for the price of his winning bid since the original car was sold.
Personally I would take the dealership to court. Assuming that Hyundai didn't help me out.
