LogFAQs > #879299321

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Topicmy dealership fixed a guy's truck, then he stole it off the lot w/o paying
treewojima
05/17/17 7:27:56 PM
#29:


okay, I found out why we kept it in his name for the repairs - he has a third party warranty that would pick up roughly half of the cost. however, they wouldn't authorize any repairs if the vehicle wasn't in his name, so the service director and the customer agreed to do the repairs in his name, thus maximizing his trade-in value while simultaneously getting us our inflated COD rates

at least in theory. we didn't count on him stealing the vehicle out of the lot before the trade-in deal was signed lol

anyways, if you adjust for what the warranty company is supposed to (hopefully) pay, he only owes us a bit over $5k. still a huge hit
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