Gooday Gaming Guests - When a Used Car Sale Goes Way Beyond Sticker Price Not Detailed at Contract Signing.

Episode Date: September 2, 2025

You get so Excited to get a Newer Car. You Never Read all the Fine Print. We were held Hostage as we rebuild Credit at this Used Car Dealership. Only Certain Cars with under 100,000 Miles & 2021 or Newer. All was talked about except at closing other than the Fact $2800 for one Gold Insurance. $1000 on another Gap Insurance and about $700 in Dealership Convivence Fee's. I got the Final Sticker Shock when setting up the Bank Loan.

all right so this is a special late night um my guest and the reason is we'll go get into it couldn't sleep because I'm kind of upset about something something I missed it has to do with the car I just got I just got a sticker shock that I wasn't expecting and I'm trying to figure out what happened I got the paperwork here so let's explain what i i did a couple of podcast i did a podcast and also a couple of videos on the car we just got a dealership down the road just a couple days ago uh the interest rate ended up being 19 percent which i was like all right and it was the the term was at uh 72 months so when we first went to the dealership i'm in the middle of rebuilding

my credit. So my credit's not that good. My mother's credit's just okay. And twice when I was at the dealership, they used the fact that we had no credit or rebuilding credit as a hostage for what we were able to get. First time we went, we went to originally to see if we get anything. So we ran the numbers and he said he'd get back to me in a day or so. And then he got back to me and said yeah yeah i think we can do something for you so when we got there they only had one car that we could get there wasn't uh an amount you said you we can only sell you that car because it's over 2021 and it has to have under 100 000 miles we didn't want the car it was a black long ultima it's for me and my mother and my mother's 84 so she's you know

winding down her years and you know i wanted something cool she always wanted a Subaru so they had the Subaru on a lot and so we said all right how about the Subaru over there we looked at a few of them one was over 100,000 that was at like a certain price and then the second one was under 100,000 at a I think like a thousand dollars more at that price and each one had each one had the tag hanging in the window how much the price was or like well really can't afford that but we have to be in that range we rather have the cross track. So we agreed on it. We did the paperwork. Initially, I didn't know I had to put down $500 deposit. So we ended up having to put $500 deposit on it.

Signed all the paperwork and finally got the car home. I had all tinted windows illegally from Connecticut, so I took off the four main window tents. Sound fine. really enjoys a car now and i liked it but today um or actually last or earlier today didn't really bother me early but i woke up and when something gets on my brain i can't sleep right now my project journeyman it's running its nightly cycle i got a couple two one two three good visuals going pretty fun but i'm not in the bed i'm here doing a podcast at 12 o'clock at night because I'm really aggravated. I may have to give this car back.

Actually, I probably am going to. My mother's not going to be happy about it, but when I tell the reason why, maybe you'll understand. I don't know you decide. I've heard of this before, but when we sat with the dealer, I mean, with the sales guy,

never did he mention anything about adding $5,000 to the base price. I've heard of dealers do that, and I'm sure that the reason is going to be, oh, you have bad credit. So we had to add $5,000 to you the price of your car. I ain't going to like that. I'm not, it's starting to slowly chip away at my brain here. So let me explain what happened. So when we got the car, I asked the guy at the deal.

The sales guy, you know, so when's all the payments and all that? It gets set up. You said all the bank will contact you directly, and then you can set up your base payment. It was X amount per month, which was doable. But then we also had to put down $500. So, yeah, all right, so. So today in my email is the bank, said bank. I'm not going to say which one.

I don't think it's really the bank's fault. so we went so I went online and as always said everything right up and then I saw it and I was like what so the price of the vehicle I'm not going to say the price of the vehicle was X amount with a tag hanging on it and there was a little thing underneath it saying please take me home on the sign it was like a handwritten sales tag but today or earlier today. When I logged in and get all my things all set up, my car now is over $6,000 more for a payoff than I, then we bought it for. What? I was like, come on, man. Not only am I at 19% for, for 72 months, but now

now they snuck in $5,000 more and I'm sure it's somewhere in I got the paperwork right here in front of me so we're gonna go through the paperwork here again you sign stuff and you don't you never did the the this dealer I mean this salesperson saying anything but I haven't add another $5,000 so we're gonna look through the paperwork here Mount dealer processing fee It's X amount of money, dealer convenience fee here. When a dealer, the buyer elects, we're option to submit the documents for the registration,

a little bit of fees. So that fees there is $6,000, not quite $1,000 there. So they're just going to say that the next $5,000 is in fees. so it shows me the the price so the price on the car is shown right here on the sales slip and I'm not seeing where so at least the price still shows the same that was on the tag the sticker that was hanging on the window X amount well well five thousand dollars less than what the $5,000 less than what we want to pay for.

So I'm still looking for some sort of price. So I saw processing fees equal maybe $1,000. I don't even know why those are there. Dealer. OK. So we're looking at more agreements here going through all this. Sometimes the only time that I can, one way I can wind my brain down is to come online for a little while and do a little podcast here. This is this the first time I bought anything from a dealership?

And it really stretched out our budget, which is fine. But I didn't want to add another $5,000 just because they can. I'm like, what? so I'm sure when I go there tomorrow and be like what is up with this I'm going to get the same I'm going to get the same I bet you I'll get the same

reply well you have bad credit so this is what we have this is the only thing we could do and I'm trying to see where all right so now I'll go into our TPS gold 2,800 so they

They add Gap insurance, so they add an insurance. So they threw, that's what it is here. So I got $3,000 per TFS gold, $2,800, $1,000 for gap insurance. So there's a newer insurance that they put out. So that's, it's TPS gold. So it's some kind of insurance. I do remember saying something about insurance, but I didn't really pay attention

we didn't look at the so then the total price went up so that makes a little more sense so I got something for that extra price but I didn't read the fine print so this is all about anybody that does an agreement make sure you read and understand that there's more charges thrown in there including the $600 and then the taxes so I bring it up to five thousand dollars more than what we paid for it then what we were supposed to pay for it so that's a real but at least i can now i can see where that's coming for just a little something tonight i was quite asleep so that means it's more money we have to pay i'm not going to go see anything to my mother about it but obviously that it's just it's just actually

I've got to find out what the TPS gold is that's almost was almost $3,000 more added to the price cash price of the vehicle and then gap insurance gap insurance let me ask my buddy zip you with gap insurances so we're an insurance statement we're trying to figure out what gap insurances insurance of course when you're buying something you want to you get you get excited because you're going to get a new man we haven't had a newer vehicle since jeep 2,000-1 Jeep Liberty so it was really exciting and I'm just signed with papers excited about it but then the sticker shock of the

extra $5,000 processing fees but I'm out in finance yeah so shows the amount financed, finance charges, the finance charges are the amount of the car. So now that I'm looking at the details is pretty scary stuff, but I guess we'll just have to deal it. I just wanted to look at it again to see where, so the amount of actual what we paid, and then if you look at all of the processing, it doubles it. But I'm hoping to roll the car back into a refinance on the house, but I didn't realize it was paying that much more for the gap insurance express gap or so and i kind of missed that that extra money it was never really specified that there was insurance in the auto gap gap yeah so this is an insurance that

covers of car I guess for so the base price was X amount and then the actual car that I'm paying for at the bank was a lot more bummer well at least I can agreement purchase price $2,800 vehicle service agreement say we sign these things and you always got to read We don't. And this will get everybody else two years. Also the insurance is for two years 24,000 miles. That's what the $2,800 is. Vehicle service agreement. So we paid for insurance through the same company for $2,800. And then the other $1,000, it's a different insurance. Gap insurance 1,000 TPS Gold

So it's One of those things where you're sitting with the Sales guy He's just having you sign stuff Not really Agreement information We picked the gold package Coverage level gold

And I'm sure he's going to say we had to have the gold package Because we don't have a lot of credit finance type retail deductible $100. So so is a deductible sales so in this price of the car

looks like what I'm seeing here that's where that extra between the three prices the $2,800 and I don't know where gap insurance is I don't see a form for gap

insurance. These are things to keep you up at night. We can handle a payment. I just thought they just put another $5,000 for no reason. Well, not no reason, but for unknown. I just hit while I was sleeping. I was like, wait a minute. Why do I have all that extra stuff going on? So optional gap contract. See, these are the things that, so that at no point did we discuss the optional gap contract, which is $1,000. Nor did we really talk about $2,800 in a service contract, TPS. And then the Volentee convenience, it says convenience fee,

$649. So all three of those things equal the extra that I saw when I went to sign up for my bank payments. Ouch. But like I said, it's one of those things where, so the total charges were $4,571 in addition to what the original price of the car was. And again, when you're excited to get a car

new and what you have, you're just signing away your life is always and you're not really reading the fine print but so we've got to find out what that insurance is all about and then we'll just have to go from there so I'll have extra money I have to now pay towards the truck so but I guess if you want to build credit look see I'm going to I've been in a debt consolidation through national debt Now for three and a half years because I put myself through at-home gaming school in order to do that just like any other school you got to take out a student loan and I ended up taking out, you know, using all my credit cards for the first three years, just buying stuff and getting systems from around the world and buying bulk of stuff local. so that was X amount over those years and then my credit just got racked up so instead of going bankrupt which I didn't want to do I decided to get into a debt and so first I tried to get like a personal

and put it all together and pay it that pay it that way but I didn't have any more credit so I couldn't do it that way so then I looked at national debt consolidation there was a couple of different programs and I went with that so in the beginning when you do it uh debt consolidation it's pretty scary in the beginning because you just got to stop paying everybody and then you actually get some once a couple of companies actually summoned you get some and then you start giving it the other end that the company I use the National Debt Consolidation they have lawyers and they start contacting each each creditor it takes a long time the first year you don't

really get any applies from them everything is just you're not paying credit goes to the tank it's pretty stressful but then once once they start negotiating with some of them some of them got cut down significantly no I wouldn't didn't have to pay any of the interest because if I would have took the amount that I had for the debt consolidation that amount before I got into a program just the interest alone I would repay it forever I would never get out So, so the three and a half years later now, now I'm trying to get that

stop reestablishing credit because all the companies that I had have all been negotiated. Now I'm just paying them off. So I send my money to national debt consolidation and then they send the payments out as agreed for all the creditors as we pay one off at a time. I think I have about a year and a half left and so the point was

I decided to get the car and take the high interest so that I could start building my credit now because I'm not the tail on it but unfortunately you get held hostage

by the fact that you don't have credit and then all this other stuff gets added into your for a use car. So we'll paint a lot more than it's probably worth now. But it's got insurance on it. So hopefully we've got to find out what that covers. But so I figured I was awake.

I was bugging me as much now that I realize that it's insurance. But I just, when we were going through the contract, I just, it was not specified that. Oh. so a really good honest salesperson if you could sleep good at night would have said to me so this is the price that you we have the sticker for this is the price you're going to pay for the bank after all these other things are added that's really the honest way to do it Then I would have, like, second-guessed it, looked at my mother and been like, whoa, now we're up to, you know, six, or in the 20s now for a big price.

I mean, it's not a bad. It's a good car. Hopefully it'll last this one time. I want my mother to enjoy her. Last year's with a good car. So, but it's just a fact. I don't know. Maybe anybody else is different. But if you're going to buy something, and if you're the salesperson, break it down for us. make sure we understand exactly what we're getting I think it's only fair instead of me getting a stick of shock later and being up at 12 o'clock at night not sleeping

because it was bugging me so I just figured I'd do a quick podcast late at night here talking about added fees extra insurance that probably need but hopefully we'll

get some use out of it or not usually any time you add extra insurance or anything it's usually wasted you know if you buy something at the store and you say oh you want to add a two-year contract to it you know yeah you buy a blender or a coffee maker and they would say oh you can add a two-year contract this is basically the same thing i put the car and they threw in another contract two years with all fees and with another fee for the dealer convenience fee, they call it, another $7 there. So when we went to check out the car,

it was another $5,000 added and not really specifically said what each one was. So that's kind of a problem. But at least I had the paperwork here. Couldn't really sleep because my brain wasn't understanding what happened. But now I do. And I'm able to podcast about it, too, at 12 o'clock at night. I will go back to sleep now and just be happy.

We got ourselves a better car. I'm not too happy about the actual extra amount, but it's doable. We can get there. I just got to do a lot of extra work. And like I said, it's my mother so she can have her Subaru. It's really fun. and we'll just go from there. All right, so I'll see you guys in the morning

and a few hours. I should be able to wind my brain down now. When it gets going, I have to get up and do something. And I like to do podcasts when I got something in my mind. So that's what we're doing. We're doing a podcast here, and then I'll get it up and going. And then tomorrow and I'll see you guys again. So I do one too.

My project journey is still running too. I'm just not in the dead right now. because I had to get up for a while just to wind my brain down for a little bit but I think I'm going to go back to bed now all right so you guys have a good night and you're going back to work tomorrow so have fun with that I'll talk to you in the morning right bye