Merriam Webster
New Collegiate Dictionary 7th Edition, defines this Latin phrase
as “let the buyer beware: a principle in commerce: without
a warranty the buyer takes the risk of quality upon himself.”
I learned this phrase 40 years ago in a business/economics
high school course. In those days, it was an appropriate phrase,
because it was a time when the business community had an advantage
over the consumer and took advantage of the consumer whenever
possible. In today’s world of the Internet, instant information,
it would appear that the consumer is on a more equal footing with
businesses. Businesses’ today attempt to make the consumer
happy through their transactions. Within reason, the consumer
can return items and work intelligently with a business when the
consumer is dissatisfied. This is done because numerous research
studies have indicated that it is very costly for a business to
obtain a customer, thus it is less costly to maintain a customer
than continually find new ones. Secondly, when a customer leaves
a business dissatisfied, they will tell at least 20 people who
will tell 20 more, thus spreading a virus of dissatisfaction which
can be very costly for a business. Therefore, this new information
linked world has created a more quid pro quo (something given
for something else) business relationship, a more equal relationship
developed between customer and business. This makes business relationships
fairer for both sides, both the consumer and the business.
I bring this up because I thought the days of
caveat emptor were over, but I ran directly into a dying breed
of old business the other day. I purchased a car from Budget Resale,
Inc. and the people were very nice while I was buying the car.
The day after I signed the contract, purchased a car, I lost my
job. I called the Budget dealership, talked with the finance manager
and asked for their help. He said he was with a customer and would
call me back. I never received the courtesy of a call back. My
first inclination that something was wrong was striking me quickly
and coming to fruition. I attempted to return the purchased car
and was rudely treated and literally thrown off the property with
the threat that if I left the vehicle there, it would be towed
at my own expense. The contract states that the buyer has the
right to rescind the contract, but the seller must accept that
rescission. After talking with the Attorney General’s office,
the dealership has the right to rescind the contract if they wish,
but instead of trying to help a customer, look for future sales
and referrals. No, this dealership wants to shove the contract
down the customer’s throat and make them live with it. This
makes no sense to me as an intelligent person. If a customer is
out of work, then that consumer can not make the monthly payments
and will lose the vehicle within three months. But again, I do
not think like an antiquated firm who is only interested in their
own best interest, and not the customer. The dealership gets the
trade-ins and deposit for nothing and will probably get the sold
car back to re-sell again, all at the consumer’s expense.
This one way street transaction would be enough if this was the
end of the story, but it is not. When I talked with the sales
manager, I was lied to on three separate occasions and agreements
they bound themselves to, he broke. When I asked the sales manager
what was I to do, he was callused enough to state “That’s
your problem!” He offered no help and was in fact, extremely
rude and resorted to screaming at me on the phone. The dealership,
I think in his case the Sales Manager, resorted so low as to hire
someone to come to my home in the middle of the night, while we
and the neighborhood were sleeping and towed away our car that
they had agreed we could keep until my truck with no transmission
was repaired. They had every legal right to do this, but morally
and ethically they should not.
I can not believe any upper management of Budget
Rent-A-Car or Budget Resale, Inc. would condone these actions,
but seeing this sales manager is allowed to carry out these actions,
it must be assumed that the whole company does business in this
manner.
There is no place in this marketplace for this
type of callousness and rudeness to a customer. Instead of helping
a customer, they flaunt the law in their face and laugh about
it.
I write this because, this is one firm you need
to know their business practices, and avoid at all costs. As soon
as you enter the car lot, you will be at their mercy. They are
not there to work with you the customer, only work on you, or
work you over. They are there to take advantage of the customer
and get the sale at any cost to you the consumer. Do not let this
happen to you. In this world of instant information, you need
to be informed of your rights as a consumer and do business with
firms who respect that right. Such firms as Budget Car Rental
or Budget Car Resale, Inc. should be avoided. Look for reputable
car dealers who are willing to honor you as an individual, legally,
morally, and ethically and assist you when in trouble, and do
not take advantage of you. This transaction could happen to anyone.
Are you comfortable that you can arrive at a reasonable response
to your needs from the people you do business with?
So, Budget Car Resale, Inc or Budget Car Rental
should be avoided as a reasonable choice for buying a car—CAVEAT
EMPTOR. Look for more reputable dealers.
Signed,
Consumer Du Rite
Looking for a fair transaction. |