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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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