SolveYourProblem eLearning Series:
How Do I Buy a Car
Without Getting Ripped Off?
( 17 pages )
What
You Should Never Do
when buying a car...
Here
are many things that you don’t want to see a dealership
do to you as a buyer, but there are some things that you
should not do as well, if you don’t want to alienate the
dealer.
Here
is a list of “don’ts” that you should abide
by if you are really looking to get a good deal.
- Don’t
try to pull one over on the dealer by lying about the
condition of your trade in vehicle. It is just a lie
that you can’t get away with, and could cause many cost
increases later.
- Don’t
bother looking for a car if you have had a recent bankruptcy
because you will not get approved anyway.
- Don’t
give the dealership a deposit and then try to take it
back for no reason because you should have researched
the car before making the purchase. You can also lose
money on the return.
- Don’t
bother lying about your debt load and credit rating because
they will check it anyway.
- Don’t
offer any money for a car unless you already know the
dealer cost because you are setting yourself up to get
ripped off.
Common
Phrases and Word Games
Buying
a new car is just like buying anything else on the market.
Salesmen
are trained not to take no for an answer, and many word
games and phrases come into play in order for them to get
you to close the deal.
Advertisers and marketers are there to mess with your head
so that they can make you buy things. Some of the best words
and phrases that make a consumer buy products are amazingly
well worded, while others are not.
Think
about it - when marketers use carefully written
strategies, you can often think that you are getting
a deal, when in actuality you could be paying more.
Sometimes
a marketer will offer a 50% off deal on a piece of merchandise,
but in actuality the price of the object has been increased
in the first place.
If
a company marks up the price by 52%, and sells it for 50%
off of that price, you are actually paying 2% more for
the item than it originally cost.
This
is a very common way for car dealerships to work. They
may offer a $3000 cash back deal on your trade-in while
the other fees and interest rates will be higher than you
may want. Basically while a dealership may offer
great trade in prices, they will get you with the other
fees.
Dealerships
have many ways to scam a buyer, let’s look at the top 10
scams that dealerships pull on you.
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