FOR SALE: Offer by Dealer to buy back my R Spec 5.0

[LoveGdes]

I recently received a letter from the dealer to buy back my 2014 Genesis Sedan 5.0 R-Spec back for 110% of its value. Has any one else gotten an offer like this?

 

[Mr. Incredible]

typical dealer tactic to get you into the dealership to buy a new car.

I had a 2012 Camaro SS that was bought back under Lemon Law, and I still get offers of anywhere from 110% to 140% of "wholesale" value from the dealership that facilitated the buy-back.

 

[EdP]

I recently received a letter from the dealer to buy back my 2014 Genesis Sedan 5.0 R-Spec back for 110% of its value. Has any one else gotten an offer like this?

Just a gimmick to get you into the showroom. Got an email recently that they have customers looking for the same model I'm driving.

 

[Hueydriver]

Just a gimmick to get you into the showroom. Got an email recently that they have customers looking for the same model I'm driving.

Get those a lot! Especially on the wife’s 2014 Santa Fe!

 

[LoveGdes]

Just a gimmick to get you into the showroom. Got an email recently that they have customers looking for the same model I'm driving.

Well that’s not going to happen. It’s never been to 168. 125 yeah, but I have only 37,567 miles on it.

 

[MG8]

it is just to get you in, sell you a car, low ball you for your vehicle trade and make some good money on the rspec. rspecs are rare so yes ive seen 3k mark ups over book value for used, and yes ive heard of people coming in looking for them.

 

[Spanky61]

Yep ditto and it all depends on their appraisal.

 

[greekgeek]

it is just to get you in, sell you a car, low ball you for your vehicle trade and make some good money on the rspec. rspecs are rare so yes ive seen 3k mark ups over book value for used, and yes ive heard of people coming in looking for them.

This was my exact experience, on a 2015 V8. lol never falling for that again..