Anyone else think this is BS on Kioti's part

[RSR]

Save your money until you have CASH, and then you will save a bundle more in interest, that you won't have to pay!! PLUS, I always get a better deal with cash, so I save even more money!

SR

 

[not2old]

I would think in all fairness Kioti should honor website offer,I do understand dealer position tho.
Kinda look at this way...roast tag price shows $12 than cashier tells you $19 price went up yesterday and we haven't replace the the tags yet,by law least in NH store has to sell roast for $12....this I know from first hand.

Here in British Columbia, if the cashier at a major chain rings it up at a higher price than marked on the shelf, you get it free, up to $10.00. Shop early in the morning and pay attention to the prices and you'd be surprised at how often you can get ti free.

 

[MESSMAKER]

All the fantastic dealer has to do is drop the price by $750 and you're both good. OR, meet in the middle at $375, and you pay a whopping $6/month more and start using the tractor tomorrow.

I see it that way also.
Any way you can scare up enough to cover the extra and just take the 72 month free money deal.

 

[joe patterson]

looked at kioti, liked, then friend had trouble with a tractor madeby kioti parent co, 4 months laterno parts. dealer said had no faith in getting parts. kioti usa in north carolina was no help. tractor is a diadong, parent co. of kioti. still hunting part, read reviews on kioti, make up your own mind. i decided against.

 

[Urakunu]

I see it that way also.
Any way you can scare up enough to cover the extra and just take the 72 month free money deal.

When you take the 0 percent you lose the rebates. The rebate is $5300 I believe on this tractor. I am not a fan of forgoing a rebate in lieu of lower financing because if you do that you automatically pay more for the tractor. If you finance and payoff early you don't pay all the interest. I see people say save until you have the cash. I could do that now but I don't like blowing $43000 holes in my bank account. If some type of emergency would happen I much rather have access to that cash then sell a tractor at a firesale price and take a beating on it and not have the cash I may need in the end anyway.

I'm not looking to get into a legal battle with Kioti either, not an ambulance chaser. I just feel it's the right thing to do and the customer service oriented thing to do as well. That 4.3% is still above prime rate so they wouldn't be supplementing the cost of funds. It makes a customer happy when a company steps up to the plate and goes much further than any BS advertising could. Wasn't like I was asking for something that wasn't advertised on their website and was literally offered days prior and still showing when I went to close the deal. I know they have legal loopholes such as may change at anytime and so forth. I just believe it in the old adage if you piss a customer off they'll tell 20 people, make 1 happy and they might tell 1 other. Thanks for everyone's input. Stay safe.

 

[airbiscuit]

 

[JJZ 109]

Shopping for a new subcompact. So far, I've been able to build and get an MSRP on the websites of Mahindra, Kubota and Deere. I believe they're all offering zero financing at this time.
Kioti doesn't appear to have a readily found online place to build or price a machine or anywhere to find pricing without contacting a dealer. Other brands build sites are easily found from the home page. So with no baseline price to shop from they're out of the running with me. I like to have a figure to compare how much, if any a dealer will move off of sticker without an internet goose chase.
As far as the OP, if you feel you're being wronged, move on.

 

[Trillium Farm]

Here in British Columbia, if the cashier at a major chain rings it up at a higher price than marked on the shelf, you get it free, up to $10.00. Shop early in the morning and pay attention to the prices and you'd be surprised at how often you can get ti free.

That's different, he did not get the % from the dealer, but from a website, also in the disclaimer it said, amongst other things, "Participating dealers" how do we know that dealer was one of them? I think the OP is pi**d because things did not go the way he wanted and is not looking at the whole thing reasonably.

 

[Urakunu]

That's different, he did not get the % from the dealer, but from a website, also in the disclaimer it said, amongst other things, "Participating dealers" how do we know that dealer was one of them? I think the OP is pi**d because things did not go the way he wanted and is not looking at the whole thing reasonably.

The dealer is a participating dealer. The original printed out quotes were 4.3% as that matched the rate on Kioti's website, this was the last week in April. I just started looking at tractors and didn't have my mind made up. On May 5th I made my mind up. Went on Kioti's website to verify rebates and rates hadn't changed. They showed the exact same rate of 4.3% good until June of this year. Had the dealer do the quote with exactly what I wanted and he emailed it to me. I noticed the payment and rate was different than what I got when I used Kioti's website to calculate the payment. He said Kioti changed the rate. I was literally on the website and so was he and he noticed Kioti also showed the 4.3 good until June.

Again, from a customer service standpoint you should honor what you put out there.

Let's put it this way. You go to buy a car and make a deal on price and the finance guy sets up the loan for you. Before you go in you check the car manufacturers website and the rate still shows 2% interest as you were quoted. You go in to close the loan and buy the car and the rate is now 3% although the car manufacturer is still showing 2% good for 2 more months. You're just gonna say oh well and sign? I know they have the right to change the interest rate at any time. **** they can legally change the rate daily if they want, doesn't mean it's the right thing to do or customer service oriented.

 

[murphy1244]

Buy something else.

 

[airbiscuit]

I once read an article about two brothers who built a thriving auto parts distribution business. Unfortunately, it consumed a lot of their time. Their wives said, either spend more time with your families or we're leaving. So, they fired 25% of their customers (those who complained the most and spent the least). They sent out letters thanking them for their business, and gave them the contact information of several of their competitors. The next year, their profits went up 10% !

Some customers just cost you more than they are worth.

 

[WoodDuck]

I've never seen the appeal of paying more base price for something to get their 0% financing either. Lots of people bite on that scam though. Usually you're money ahead to finance through a normal lending institution at a decently low rate, taking advantage of the cash discounts from the dealership, then pay it off early if possible. At least in my experience. After I had been talking cash prices with my dealer, I asked about their 0% financing. He laughed, and said he would have to add (what roughly equated to ~15%!) to the selling price if I wanted the 0% Kioti "deal". I financed through DLL Ag loans right there at their dealership instead. Got the cash discount, a low interest rate, and my payment was roughly $200 less per month than the 0% payment would have been. I'd skip financing anything through the manufacturer if I were you, regardless of what brand you end up with. You'll likely get a lower rate from a regular lending institution, and take the cash discount too. Good luck with your decision!

 

[J2Jonner]

I had the same situation as the OP and was hit with the slight increase in Kioti/DLL rates, but the deal wen through anyway as I was happy with the price and do a lot of shopping. Anyone who thinks that website content is anything more than marketing adverts is not working under the correct pretext. "Subject to change without notice" IS your notice. From talking to dealers here, they are busier and have more traffic and sales than last year by a good margin - capitalism allows them and the finance company to profit from that, and I'm ok with it.

 

[finn1]

Rates are higher if you have a low credit score.

You are usually better off taking the cash discount and using your local credit union for financing.

Went through this with my Kioti, truck, Jeep, CTL, and excavator, with
four different manufacturers. All had better rebates without their in house financing, and my local credit union had the best rates I could find.

 

[Urakunu]

Rates are higher if you have a low credit score.

You are usually better off taking the cash discount and using your local credit union for financing.

Went through this with my Kioti, truck, Jeep, CTL, and excavator, with
four different manufacturers. All had better rebates without their in house financing, and my local credit union had the best rates I could find.

It's need the credit score driving it. Score is 790. It's the fact they advertised a rate that wasn't actually available for anyone to obtain.

 

[Urakunu]

It's need the credit score driving it. Score is 790. It's the fact they advertised a rate that wasn't actually available for anyone to obtain.

Not the credit score

 

[airbiscuit]

I'm afraid if I were the dealer and/or Kioti I'd be questioning whether I wanted to do this deal or not.

Best post on this thread so far :thumbsup:

 

[downslope]

I had the same situation as the OP and was hit with the slight increase in Kioti/DLL rates, but the deal wen through anyway as I was happy with the price and do a lot of shopping. Anyone who thinks that website content is anything more than marketing adverts is not working under the correct pretext. "Subject to change without notice" IS your notice. From talking to dealers here, they are busier and have more traffic and sales than last year by a good margin - capitalism allows them and the finance company to profit from that, and I'm ok with it.

I think OP is of the opinion that either:
1. There should be no website disclaimers, OR
2. The disclaimer should not be utilized by the manufacturer even though it is clearly stated.

Unfortunately things don't usually work like that in today's business world.

 

[Diggin It]

I think OP is of the opinion that ...

... Truth In Advertising should mean something. Websites are easy to change, and can even be automated. There is no reason for prices or rates to be out of date. If the OP wanted to go to their State agency responsible, they could probably get the rate advertised.

I've been in stores looking at items shown to be on sale by a sign or shelf tag. I get to checkout, it rings higher. I take the Manager back to the display, show them the sign or tag ... 'Oh, that was last week. But we'll honor it' they say as they're removing the sign.

 

[airbiscuit]

... Truth in Advertising - Something about the OPs claim seems a bit off. He needs to let it go.