...How To Buy A Car Without Getting Ripped Off!
...How To Buy A Car Without Getting Ripped Off!
Are you looking to buy a car but don't want to pay more money then you have to?
The first thing you need to realize when going to a dealership to buy a car is this. The salesman's agenda is to make the best commission possible. Your agenda is to get the best deal possible. You must understand this mindset.
In the lot of the dealership... "...It's You VS The Salesman!"
Most people are too naive to realize what is happening when they are being sold a car. They are not thinking like the salesman, who has been there every single day for the last umpteen years dealing with customers just like them.
Most people just aren't up to the challenge. But by golly, that won't be you.
* What You Should Never Do
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.
* THINGS YOU SHOULD DO
Whenever you are considering getting a new car, you should be sure
to bring all of the information that will help you to get the best deal
you can.
This will all be included in your “folder”. Here is a list of all
of the information that you will want to include in your folder.
• A copy of your credit report from www.Truecredit.com
• New car purchase prices for the cars that you are considering from
www.autousa.com
• Accurate pricing data, rebates, tips and incentive from
www.FightingChance.com
• Credit pre-approval in writing from www.e-loan.com
• Insurance quote that cover the coverage that you want on your loan
• Used car blue book that has used car information and market values
• Extended warranty quotes from www.warrantydirect.com
• Current loan rates that are in your local paper
Bringing all this information with you will literally cut the legs
out from under the dealer. It shows that you are one step above the
various scams that you will encounter.
You are now fully prepared to get your new car. GOOD LUCK!
Guide created: 01/17/09 (updated 09/15/09)
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