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2016-08-24

Stabbing Loyal Customers in the Back

"John and Veronica have purchased Cadillac's for decades.
Veronica currently owns a 2008 Cadillac, and traded-in a 2001 Cadillac.

April 6, 2016 - John, age 87, purchases a 2009 Toyota Camry, SE for $11,595.

August 4, 2016 - John, dies.

August 23, 2016, we took the Toyota Camry in and got an offer to purchase the same used car from Kuni motors for $7,000 after their inspection.

Purchase Date: 04/06/2016 Owned for: 4 months 17 days.

Odometer at Purchase: 64,377 Odometer at Offer: 67027
Miles driven: 2,650

Purchase Price: $ 11,595. Gross Profit: $ 5,000. assuming $6,500 "cash value"

Kuni Used car offer: $ 7,000. Kelly Blue Book "Cash Price": $ 6,200.
Loss in 4.5 months: - $ 4,595. - 40%

Kuni already made $ 5,000 from the 1st sale to John.
They will make another $ 4,000 selling the same used car.

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Kuni should buy the car back for at least $9,000.
They will have made a profit of $2,595.

When they sell the car again for $11,595, they will make another $2,595.

Needless to say, we will never purchase another vehicle from Kuni, and are telling all of our friends and bridge club members about the terrible way we were treated.
"

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