Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal *UPDATE
 

Filed under: Car Buying, Coupe, Performance, Auctions, Hyundai
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File this one under the dangers of mixing traditional Brick & Mortar business practices with the immediacy and transparency of the internet. Glenn Hyundai of Lexington, Kentucky placed a slightly used Hyundai Genesis Coupe 2.0T on eBay Motors. There was no reserve, and a gencoupe.com forum member named McFly made a bid of $16,125 and won the auction (here's a PDF of the auction in case the eBay link goes dead).

Not a bad price, especially as the Gen Coupe in question had less than 5,000 miles on it and costs over $22,000 when new. McFly then secures financing from his bank to pay for the Coupe, makes the necessary travel arrangements to go pick up his car (he doesn't live in Kentucky) and calls the dealer to put down a deposit with his credit card. This is when things begin to go bad. We'll let McFly take it from here:

I talk to the front desk secretary, ask her how to make my deposit for an Internet Sales deal I have, and she immediately transfers me to Eric Manley. I talk to Eric briefly and he laughs at me over the phone, "Sorry buddy but you're not getting it for that price, he says." I tell him it's a deal that I have worked out with the Internet Sales guy, and I'm ready to make the deposit. He laughs at me again, and says, "sorry buddy, not for that price." It's obvious that this guy knows nothing about it, but it's odd that he won't let me make my deposit. He's clearly either confused or not the right guy.

Make the jump for the rest.Continue reading Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal *UPDATE
Hyundai dealer auctions Genesis Coupe for $16k, doesn't want to honor deal *UPDATE originally appeared on Autoblog on Wed, 20 Jan 2010 14:58:00 EST. Please see our terms for use of feeds.


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