03-01-2006, 02:43 PM | #1 |
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I'm thinking class action lawsuit against Galves
It really bugs me that the trade-in values are so much less on Galves then they are with Kelly, NADA and many others. Why does NADA say my trade is worth 26K, Kelly 25K but Galves only 21K? How can there be a 4 to 5K difference?
My dealer and most dealers I know use Galves. I'm thinking about bringing a Class Action Lawsuit against them! Last edited by Mr. BMW; 05-29-2017 at 10:56 PM.. |
03-01-2006, 02:57 PM | #3 |
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You do realize that the trade-in value of your car is negotiable and the guide is completely irrelevant? The dealer knows that they will be able to resell your car for thousands more than what they give you for it, even at KBB values. Any reconditioning or repair work they have to do can be done in-house at a fraction of what it would cost you, so that's no excuse.
If they repeatedly try to low ball you on the trade (just be wary if they offer you a good deal for your trade right off the bat - they may be trying to get their profits from something else - like the price of the car you're buying), walk out on the deal and go somewhere else. I usually just go straight through internet fleet sales. Those guys are more interested in volume, not profit per unit, and they just want to finish the deal as quickly as possible, same as I do. Golden rule is: the less of their time you consume, the less they expect to make. |
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03-01-2006, 03:01 PM | #4 |
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kbb, nada, etc... is to be used as a guide. the actual market determines the value of a used car. the dealer will also look if it's something they can resell on their lot, or if it gets sold to an auction company. the dealer is really offering a trade-in as a service to help you get rid of your current car and get into a new one. nobody is forcing you to trade-in your car. if you want more money, the best thing is to sell your car yourself. dealers are known for low-balling.
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03-01-2006, 03:05 PM | #5 | |
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I'm so tired of the price differences between the companies! Who do they think they are, publishing opinions on the market value for a car! I mean since all markets in the U.S. is exactly the same, why shouldn't all the INDEPENDENT companies trade in values be the same. Please bring more frivolous lawsuits in to the American courts, god knows lawyers need more work here.
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03-01-2006, 03:10 PM | #6 | |
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Speaking of what "really bugs me", (and your typo of the term "Suite" aside), the widely used phrase "Class Action Law Suit" is incorrect -- a redundancy. The fact that everyone uses it incorrectly does not make it correct. An action IS a suit, and a suit IS an action. It's like saying "I'm getting rid of my run flat tire tires." Not trying to be a tool (but perhaps succeeding), and in any case, good luck with your litigation.
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03-01-2006, 03:32 PM | #7 | |
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I know I can get more selling it on my own but I just don’t have the time to deal with that. And timing the sale of the old car with the arrival of the new car will be a challenge. I don’t have another car to drive if I sell mine 3 weeks before the new one arrives. |
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03-01-2006, 03:34 PM | #8 | |
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No Class in this suit
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1. Doesn't a Class Action Law Suit Tort (That one's for you ChiTown) require damages and multiple victims? 2. How do you know that Galves isn't more accurate than NADA and Kelly? 3. If there is collusion to fix prices or decrease competition, wouldn't that be more appropriate for the Federal Trade Commission to handle? |
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03-01-2006, 03:38 PM | #9 | |
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I think you have a very strong case and you should pursure this suit, possibly hiring a good lawyer. Since you don't have the time to sell it yourself, and you only have one car, you should be entitled to a massive settlement.
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03-01-2006, 03:45 PM | #10 | |
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And yes that is what the court docs state "Class Action Lawsuit" so you are being a tool. |
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03-01-2006, 03:49 PM | #11 |
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I'm sorry to hear that, but I have to ask, why would someone in Italy buy an American piece of crap car like a Ford?
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03-01-2006, 03:49 PM | #12 | |
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03-01-2006, 03:51 PM | #13 | |
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I am American just working in Italy. My Ford Lightning is sitting in New Mexico (actually at a dealer in Texas getting fixed). I loved the fast truck (high performance and could tow my boat) but this was the last straw for an American vehicle. |
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03-01-2006, 04:06 PM | #14 | |
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03-01-2006, 04:11 PM | #15 | |
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I'd also like to add a "suite" is not a "suit". |
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03-01-2006, 04:20 PM | #16 | |
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03-01-2006, 04:27 PM | #17 | |
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Just sell the car on your own, or go to another dealer. Jon.
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03-01-2006, 04:43 PM | #18 |
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I don't see how you can sue them since no body force you to accept the given trade in value. All published trade in values are only a guide line to establish a reference point when trade in was involved. It is the same thing that you can not sue a dealer who sold you a car with a higher price tag than your neighbor.
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03-01-2006, 04:59 PM | #19 |
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It is all relevant to the dealer. If he already has that same vehicle on the lot or something hard to sell...like a manual trans in the city, then you will get a lower price. Color interior options also has something to do with it.
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03-01-2006, 05:11 PM | #20 |
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All those sites are bogus....
Just get a "black book" and find the true dealer market value....
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03-01-2006, 06:19 PM | #22 | |
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Please keep that in mind, esp. when posting something that was somewhat farcical to begin with.
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