RV dealers rant and question
We've been to three lots, one of them twice and only one of them seemed to want to do business. One kind of screwed us over by shot gunning our credit app out costing us many hits so now were debatin...
Forum Discussion
rockhillmanor wrote:
I was paying cash for a Class A. And to my surprise I ran into many RV dealerships that insisted on running a credit check first, prior to any type of contract was drawn up. Was it a high end product yes. But a credit check was not required to confirm eligibility to warrant the salesman precious time and quick qualify them for a certain priced unit.
Which is a moot point because the sales person does not know or have anyway of finding out just how much cash money the customer can and/or will put down on a unit they find that they like. WHICH in the case of the OP the dumb salesman has pigeon holed himself into only showing the customer certain lower priced units based on their credit check.
When in essence he could have showed them a higher priced unit and made a bigger commission. Once a customer falls in love with a vehicle it is amazing how they can come up with a bigger down payment.
I sold cars for several years so yes I do know about that end of the process. And credit checks are done ONLY after a contract is signed that requires a loan. There are no exceptions. And when a poor unsuspecting customer has their credit hit 4 times in a day looking at different RV's by irresponsible dealerships his goose is cooked for getting a loan. The customer must say no to credit checks prior to contract. Technically is not allowed which is why they must present you with a statement that you must sign allowing them to do so. They run it without your sig you have recourse.
So, you agreed to having your credit files pulled, when you were paying cash? That makes no sense. Something else was the reason why they needed your credit file/scores.
