CAR SALESMAN TRICKS YOU into buying a car! DEALERSHIP RIP OFF: The SET UP - AUTO Expert THG 2021
Video Statistics and Information
Channel: Kevin Hunter The Homework Guy
Views: 1,579,790
Rating: 4.9013762 out of 5
Keywords: Car prices, Car prices set record highs, used car dealerships near me, car loan calculator, Auto sales, Used cars, Car, Cars, Car dealers, Automotive news, Car news, Automotive, Vehicle tax, Vehicle fees by state, Auto Shop, Car parts, Auto market, car dealer finance office, rebates for new cars, car loan scam, dealer rip offs, market watch out for this financing scam, what to do when a dealer lied to you, illegal things car dealers do, what to do if a dealership rips you off
Id: 3-mK6wC87uU
Channel Id: undefined
Length: 17min 47sec (1067 seconds)
Published: Fri Nov 08 2019
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I don't think the 4 square is used anymore. Too many people know it.
The new way to buy a car now is just email them and get a price from as many dealerships in an area you are willing to travel to. Might even be worth flying somewhere.
Try and buy at the end of a month, quarter or year end. The dealerships get factory incentives and salespeople get their own dealer incentives. That's when you have the advantage.
Making them compete against each other.
And don't let them add any extra bullshit. Ask for the out-the-door-price. Tell them if they want to add any fees and whatever include it in whatever price they want to quote you because they will certainly try to add it on later.
"oh we have to charge you for the window etching... It's already been done." fuck off.
And don't ever trade in your car unless the convenience is worth it for you. You'll get much more from a private sale.
Also, if your credit is good look for zero percent financing. It will save you way more than a cheaper price on the car.
Be aware of front loaded interest if you do have to get a loan with interest. As soon as you sign, you owe all the interest for the duration of the loan. You decide to pay the car off early? Too bad, you are paying all the interest that would have accrued if you payed over the term of the loan. Not all loans are like this so be sure yours isn't.
A loooong time ago I use to sell cars, this is exactly how it works.