ED Magedson – Founder
Orange Coast Infiniti15550 Beach Blvd Westminster, California USA
Orange Coast Infiniti Finance Department Bait and Switch Westminster California
Went in for a Q50 and was quoted $43,000 about 2 weeks prior. They couldn't match that quote but came close at $43,500.
I was given the options of financing and leasing. I decided to go with leasing and that to that 2 options. One with with a $5400 secuirty deposit (MSD) that brought down my monthly payments to about $450.
This was based on the new quote of $43,500.
Well, that all changed when I got to the finance department. The price is now $45,597.02 (after a capitalized cost reduction). So actually my lease is based on the MSRP value of the car at $46,897.02.
They moved some numbers around to make it look like it was the same deal. But of course, the payments are now about $100 more than the original quote. Basically $2,000 in capitalized cost reducation, and another 2,000 that went to the amount due at signing.
Pretty sure I am a victim of the bait and switch fraud. Of course, since I signed the contract without reviewing it until I got home, I am stuck on this.
This is actually the first time that a Dealership has pulled this on me. No where else have I had anyone increase the price from what I was originally quoted. They caught me off guard and half asleep after waiting over 2-3 hours "negotiating". But all that was for nothing since the contract listed the car at MSRP.
After talking to them, they are claiming I got a deal and that I did get the car for $43,500. But the numbers don't like. My monthly lease payment is based on the adjusted Capitalized Cost. Which is $45,597.02.
So instead about $450 a month. I am not stuck with a lease of about $550 a month.
Anyone else who leased though Orange Coast Infiniti, should take a close look at their contract and see if they Cap Cost matched the agreed price.
This report was posted on Ripoff Report on 12/04/2013 12:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/Orange-Coast-Infiniti/Westminster-California-92683/Orange-Coast-Infiniti-Finance-Department-Bait-and-Switch-Westminster-California-1104175. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.