I'm thinking class action law suite against Galves

Lost Rider · 03-01-2006, 07:15 PM

Quote:

Originally Posted by ItalyBMW325

I am American just working in Italy. My Ford Lightning is sitting in New Mexico (actually at a dealer in Texas getting fixed). I loved the fast truck (high performance and could tow my boat) but this was the last straw for an American vehicle.

Fair enough, like I said that sucks you have to deal with that, and sounds like reason for a lawsuit. Allthough I no nother about Law.

Quote:

Originally Posted by JSpira

OK. This is a DISCUSSION forum. It´s not a place where there is a mandate to only answer questions the way YOU wish them to be addressed.

Please keep that in mind, esp. when posting something that was somewhat farcical to begin with.

What he said.

jmatero · 03-01-2006, 07:25 PM

The reason there is a difference is the source.... The Galves pricing is a pretty accurate representation of a particular vehicle's value in your part of the country.... the price a wholeseller would pay for that vehicle. The prices fluctuate based on what actual demand is. For instance, in the Galves pricing, your Miata's value in Vermont may actually RISE a bit during the spring where in the winter months it tanked. SUV's traditionally (in the snow belt) have a higher resale in fall than spring/summer. Kelly and NADA are NOT accurate in my opinion... they are simply an average... a "guide". I think they're great if you're selling private.

In NY/NJ/CT area, you should expect to get Galves value for your trade... it's what all the dealers use. Kelly and NADA are laughed at. So, I just pay the one-time fee online ($4 or $5), get the Galves, and expect NO LESS on the trade. I'm not sure why you would sue them.... remember... in the internet age, buyers have access to all the data on new cars.... so they go to the dealer armed to the teeth... and usually get a good price for their car. Of course, that means dealers make less per vehicle than they used to and that money is going to come from SOMEWHERE. Nothing is free.

Besides dealers make more money selling USED vehicles than NEW.

Fraxum · 01-23-2008, 10:30 PM

Quote:

Originally Posted by jmatero

The reason there is a difference is the source.... The Galves pricing is a pretty accurate representation of a particular vehicle's value in your part of the country.... the price a wholeseller would pay for that vehicle.

+1 Dealers use Galves because it is the most realistic price. If you are sellng you car or trading it in get the Galves book because this is what your car is really worth (usually). It also would not hurt to look at Galves to see what your shiny new car wil be worth once you drive it off the lot in a few years. It will make you sick. The wisest car buyers buy used late model cars at as close to Galves as they can get. I wish that were me.

mrvuml · 01-23-2008, 10:32 PM

WTF? I started reading this thread only to discover its almost two years old! IMHO threads should lock themselves after 6 months of no activity.

ukthunderace · 01-24-2008, 04:15 AM

Quote:

Originally Posted by Mr. BMW

I also don’t have time to read your stupid comments, so unless you have something helpful to add, don’t bother replying!

I am thinking we should all bring a Class Action Lawsuit against you for being a tool.

You are what is wrong with America these days.

edit: thread is old...You are what was wrong with America two years ago and hopefully have not continued to be so.

John 070 · 01-24-2008, 05:45 AM

Reminds me of the late 90's....around 2k1 all these frivilous lawsuits against bubble cos a la internet bust. If you owned any of these shares, you may be entitled to $0.50, and the list had like 300 companies. Here in the USA we love to sue, not create anything of value, and spend all day at it, 70 hours per week. And when we don't get compensated for creating anything of value, we borrow and lease what we didn't earn. And the funny thing is, most lawyers don't even get rich!

Lassaxi · 01-24-2008, 07:22 AM

Quote:

Originally Posted by Kimo

With apologies in advance (seriously):
Speaking of what "really bugs me", (and your typo of the term "Suite" aside), the widely used phrase "Class Action Law Suit" is incorrect -- a redundancy. The fact that everyone uses it incorrectly does not make it correct.
An action IS a suit, and a suit IS an action.
It's like saying "I'm getting rid of my run flat tire tires."
Not trying to be a tool (but perhaps succeeding), and in any case, good luck with your litigation.

"Class Action" is a legal term of art that describes a particular type of lawsuit. In this way, calling something a "class action" suit is like saying that it is a "shareholder derivative" lawsuit. It is redundant to call something a "class action lawsuit," which is why it iis commonly just called a "class action," but it is not necessarily incorrect to call it a "class action lawsuit."

This is one of those issues like what's the past tense of plea? Is is pled or pleaded? People have preferences, but neither is really wrong.

ratso · 03-03-2009, 02:55 PM

Thats why.

S4to335 · 03-03-2009, 03:45 PM

I am doing a class action suit against my dry cleaner..I dont like how he does my laundry.

Ray · 03-03-2009, 03:58 PM

Quote:

Originally Posted by Mr. BMW

I know I can get more selling it on my own but I just don’t have the time to deal with that. And timing the sale of the old car with the arrival of the new car will be a challenge. I don’t have another car to drive if I sell mine 3 weeks before the new one arrives.

If you need to part with the car quickly and hastle free the dealer is offering you this service and that is the price you pay. The money lost is suppose to offset the time and efforts of selling the car yourself.

Similar to any other modes of sale: if you like the offer, take it. If not, leave it.

Add1ct · 03-03-2009, 04:00 PM

hmmm, maybe you could show a collusion of sorts between dealers and the trade in value folks. Ever wonder why it's such a pain to sell a car yourself? Various documents, bills of sale, tax forms, emissions stuff, etc? Maybe because the dealers have lobbied to make it that hard so that we all just give in an take the cars to the dealer instead? combine that with the trade in folks and maybe there's a collusion. I don't know it seems tenuous but maybe not.

Now since we're suing today, who should really be sued via class action? the insurance companies. they lobby for lower speed limits, give out radar guns and lasers to law enforcement and then raise rates when we get cited!

Ray · 03-03-2009, 04:08 PM

Quote:

Originally Posted by S4to335

I am doing a class action suit against my dry cleaner..I dont like how he does my laundry.

And you have to continue using their services until they do it right

Sal@AUTOcouture · 03-03-2009, 04:52 PM

This is up there w/ the most ridiculous threads.

Da NADA and/or KBB buy cars? No. They are estimates as to what the vehicle you have is worth and not based on actual wholesale values.

Galves is actual value. Just because a Caddy Escalade KBB's for $40k doesn't mean its worth it. If they're selling at wholesale (which is what Galves is) for $22k..thats all its worth.

You're suing because their values are too low? This is absurd!

Whats next? You're gonna sue Salvatore Ferragamo because his shoes are too expensive!

Gimme a break. Don't like the assessed value of your car, sell it private.

/story

03-01-2006, 07:25 PM	#24
jmatero Private First Class 41 Rep 124 Posts Drives: 2024 iX xDrive50 Join Date: Dec 2005 Location: San Jose, CA iTrader: (0) Garage List 2024 BMW iX xDRIVE50 [0.00]	The reason there is a difference is the source.... The Galves pricing is a pretty accurate representation of a particular vehicle's value in your part of the country.... the price a wholeseller would pay for that vehicle. The prices fluctuate based on what actual demand is. For instance, in the Galves pricing, your Miata's value in Vermont may actually RISE a bit during the spring where in the winter months it tanked. SUV's traditionally (in the snow belt) have a higher resale in fall than spring/summer. Kelly and NADA are NOT accurate in my opinion... they are simply an average... a "guide". I think they're great if you're selling private. In NY/NJ/CT area, you should expect to get Galves value for your trade... it's what all the dealers use. Kelly and NADA are laughed at. So, I just pay the one-time fee online ($4 or $5), get the Galves, and expect NO LESS on the trade. I'm not sure why you would sue them.... remember... in the internet age, buyers have access to all the data on new cars.... so they go to the dealer armed to the teeth... and usually get a good price for their car. Of course, that means dealers make less per vehicle than they used to and that money is going to come from SOMEWHERE. Nothing is free. Besides dealers make more money selling USED vehicles than NEW.
	Appreciate 0 Quote

01-23-2008, 10:32 PM	#26
mrvuml Lieutenant 19 Rep 459 Posts Drives: E90 335i w/ZSP Join Date: Nov 2007 Location: SLO, CA iTrader: (0) Garage List 2008 335i Sedan [0.00]	WTF? I started reading this thread only to discover its almost two years old! IMHO threads should lock themselves after 6 months of no activity.
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01-24-2008, 05:45 AM	#28
John 070 Lieutenant General 1706 Rep 14,829 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	Reminds me of the late 90's....around 2k1 all these frivilous lawsuits against bubble cos a la internet bust. If you owned any of these shares, you may be entitled to $0.50, and the list had like 300 companies. Here in the USA we love to sue, not create anything of value, and spend all day at it, 70 hours per week. And when we don't get compensated for creating anything of value, we borrow and lease what we didn't earn. And the funny thing is, most lawyers don't even get rich!
	Appreciate 0 Quote

03-03-2009, 02:55 PM	#30
ratso ratso 0 Rep 3 Posts Drives: 2006 330xi dark green Join Date: Mar 2006 Location: hamden, ct iTrader: (0)	galves Thats why.
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03-03-2009, 03:45 PM	#31
S4to335 Brigadier General 434 Rep 4,380 Posts Drives: 2014 Audi A4 / 91 Track Miata Join Date: Jan 2007 Location: San Jose, CA iTrader: (5) Garage List 2007 BMW 335i sedan [8.00]	I am doing a class action suit against my dry cleaner..I dont like how he does my laundry. __________________ Car is now gone .... :-(
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03-03-2009, 04:00 PM	#33
Add1ct Lieutenant Colonel 59 Rep 1,859 Posts Drives: 135i, 335i Join Date: Sep 2008 Location: Palos Verdes Estates (SoCal) iTrader: (3)	hmmm, maybe you could show a collusion of sorts between dealers and the trade in value folks. Ever wonder why it's such a pain to sell a car yourself? Various documents, bills of sale, tax forms, emissions stuff, etc? Maybe because the dealers have lobbied to make it that hard so that we all just give in an take the cars to the dealer instead? combine that with the trade in folks and maybe there's a collusion. I don't know it seems tenuous but maybe not. Now since we're suing today, who should really be sued via class action? the insurance companies. they lobby for lower speed limits, give out radar guns and lasers to law enforcement and then raise rates when we get cited! __________________ E82 N54 6MT 6FL 668 KASW turned in E92 Crimson/Cream N54 6MT, ZSP, ZPP, ZCW, Nav, Sat radio, HD Radio, Logic7, PDC, Active Steering, Active Cruise, 6FL, CA
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03-03-2009, 04:52 PM	#35
Sal@AUTOcouture 733 Rep 10,105 Posts Drives: E93 M3, E36 M3 Join Date: Feb 2007 Location: Sofla iTrader: (30)	This is up there w/ the most ridiculous threads. Da NADA and/or KBB buy cars? No. They are estimates as to what the vehicle you have is worth and not based on actual wholesale values. Galves is actual value. Just because a Caddy Escalade KBB's for $40k doesn't mean its worth it. If they're selling at wholesale (which is what Galves is) for $22k..thats all its worth. You're suing because their values are too low? This is absurd! Whats next? You're gonna sue Salvatore Ferragamo because his shoes are too expensive! Gimme a break. Don't like the assessed value of your car, sell it private. /story
	Appreciate 0 Quote