There’s a car dealership in my area whose slogan is “…Like having a dealer in the family!” :dubious:
Every time I see their slogan, I think back to when I very nearly did have a dealer in the family. (Actually, he and his wife were close personal friends of my father and stepmother.) My family bought dozens of vehicles from them over the years.
When I graduated from college, I was encouraged to buy a vehicle from them as well, and told that I would get a great deal. I quickly realized that when dealing with a car dealer who is family or a close personal friend, you lose all negotiating power. I got an OK, but not great deal. I got stuck with all of the B.S. charges that dealers like to tack on. I was pressured to take a vehicle off the lot that wasn’t exactly what I wanted. I paid for pinstriping and rust-proofing. :smack: I was pressured to accept dealer financing (and was then counseled by my stepmother to make sure we didn’t miss any payments, because this would reflect badly on them :rolleyes:). (I was so annoyed by this counseling session that I immediately refinanced with my credit union once I got home.)
I quickly realized that this dealer made all of his money not by giving family and friends great deals, but by taking advantage of everyone he knew, and exploiting his relationships with them. However, even realizing this, I felt that I couldn’t get out of the deal without causing problems.
Anyway, this was the one and only vehicle I bought from this family friend. I would never want to have a “dealer in the family.” I’d rather buy from a dealer who I’m not beholden to, and from a dealership I can walk away from without causing trouble in the family.