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*MUST WATCH BEFORE BUYING A NEW CAR* This is the best way to not get screwed when buying a car. This video is one of the best videos out there on this matter. Taken from the movie 'Suckers' (http://en.wikipedia.org/wiki/Suckers_(film)) The Automobile industry does NOT want you to see this.
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How to Buy a Car: Top 6 Tips to Buy New Cars details the top six things new car buyers don’t investigate, but should: NEW CARS: BUILD DATE A listener of mine on Radio 2UE in Sydney put a deposit down to buy a new car in January 2015. It turns out the new car - a Suzuki S-Cross - was actually built in 2013. The compliance plate went on in 2014, and the new car was set for delivery in 2015. Disaster. Get a discount on your next new car if you’re actually buying old stock - last year’s model - because you are certainly going to pay for it at trade-in time. NEW CARS: SPARE TYRE When you buy a car, check the spare tyre. Space saver spare tyres are one of the car industry’s great, enduring frauds. They are of absolutely no benefit to you on a new car. They’re limited to 80km/h, and they don’t grip the road very well. Always investigate your intended new car’s spare tyre, at the dealership, before paying a deposit - and sometimes you can negotiate to fit a full-sized spare when you buy the new car. If it’s critical to the new car sale, the car dealer might even throw it in for free. If you only ever drive 15 or 20km from home in suburbia, space-savers are probably OK. But if you get out on the highway, even occasionally, don’t risk your life by buying a car with a space-saver. They’re a joke. NEW CARS: LIGHTS You don’t normally test drive new cars at night, right? But there are two things you really should check here: outside the new car, you need to know whether the headlights - and in particular the high beams - are adequate. Some new cars are just anorexic in the high beam department. Again, not so important if you only ever drive in the city, or suburbia. But very important in the country. Inside the new car, the reverse applies. Dimmers on instruments are great for driving in isolated areas at night - you dim the instrument lights down to maximise night vision out there on the road ahead. Very important. But the big, fat centre LCD display often doesn’t dim sufficiently (or at all) for night driving. NEW CARS: DEPRECIATION There are two ways to lose money on a car. You can pay too much for it up front, or the depreciation can burn you at the back end of the deal. OK - all cars depreciate, but some depreciate like Dresden on the ides of February, 1945. A classic example here was in last month’s Ford Territory review - which Ford fans hated, principally because it’s such a lemon. Mechanically as well as on the depreciation front. It pays to do your homework on depreciation - and here, past performances are excellent indicators of the future. NEW CARS: UPDATE TIMING You don't want to buy a nice new whatever, and see the manufacturer upgrade it four weeks later. Even a mid-life upgrade is a bit of a disaster because a) it usually comes with more standard equipment at the same price and b) the one you bought - the suddenly ‘old’ model - becomes instantly obsolete and its value takes an immediate hit. You need to let your keyboard do the walking here: google the car you want and keywords like update, upgrade, plus the current year and the next year. Find out what’s going on in the near future. NEW CARS: FIRE SALES Here's what the car industry does with its marketplace dogs. When all else fails, and sales have flatlined, the manufacturer bends over and drops its pants. Every time. They fire-sale the price in an attempt to prop up or stimulate sales. Generally unsuccessfully. Holden dropped its pants on the latest Cruze and Commodore, and Ford has just played the same undignified card with the Territory. Although none of them put it like that in the press releases... So I guess that's good news if you desperately want a Cruze, a Commodore or a Territory… Of course, if you actually bought one of these marketplace lemons a few months earlier, guess what happens to the value of your car? It just evaporates. Desperation discounting by manufacturers slashes the same amount from the value of the lemon you own - because used car prices vary directly in line with replacement cost. So there you go: Six things you probably weren’t considering while you’re poring over the specs and the pretty pix of your possible next new vehicle.
Car veteran Earl Stewart shares his personal stories when car salesmen make consumers wait for a purchase price. Find out additional car buying facts at http://www.earlstewartoncars.com and follow Earl's tweets http://www.twitter.com/EarlonCars. Listen to Earl Stewart on Cars live Tuesday, from 4pm to 6pm Eastern on 900AM The Talk. Go to http://www.StreamEarlOnCars.com on your web browser. The show is also replayed Sunday from 4pm to 6pm Eastern. You can also use the 900AM The Talk APP from the Apple iOS APP Store.
SUBSCRIBE HERE!! https://www.youtube.com/kevinhunter7 How do you buy a car from a dealership, with cash, with no credit, with bad credit? Here are the best car buying tips available today! See our latest video "TOP 10 Tips to get the BEST CAR DEAL" (10 best car buying tips / advice) at https://www.youtube.com/watch?v=Lik6d0mcNp4 Are you a savvy car shopper who needs a little car buying advice? Kevin Hunter hosts "The Business Forum Show" outlines the 13 car mistakes to avoid making at the dealership. See the new video on "Getting Pre-Approved on Car Loans!" at https://www.youtube.com/watch?v=8KSmB3HE90E
CATEGORIES: car, truck, suv, auto, used cars, autos, mechanic, automobile, vehicle, dealer, automotive news, auto shop, warranty.
People in the car business who profit from your mistakes by taking advantage of you will rant about things we share here and disagree with the content, but don't be fooled by their rhetoric. A dishonest car salesperson absolutely loves an ignorant car shopper. We will try to help you avoid the common mistakes, and assist you in sorting the facts from the baloney in this business. We profit nothing regardless of what you choose to do, and we don't mind if you choose to not use the information. If you do, you'll find yourself walking away with a much better car deal. If you don't, you don't have much room to complain when this stuff happens.
How do Car Dealers rip you off? This video presents 13 different car buying mistakes that you can't afford to make when car shopping. If you're going to car shop and don't want to be taken advantage of, it's up to you to learn about car salesmen and auto dealerships, and the dirty tricks they play to rip people off. You also need to learn about the scams and inappropriate products sold by both new and used car dealers, and why some things dealers offer should NEVER be purchased. These include things like the theft protection scam, GAP insurance that is sold to consumers who either didn't need it, or could have purchased much cheaper from their own insurance agent, and extended warranties that are often sold to buyers who didn't want them or need them. To make matters worse, there are also thousands of car dealers who employ finance officers that are some of the most unscrupulous people you'll ever meet, willing to tell you any lie they can come up with to sell you everything I've described, and more. The worst ones will even claim your interest rate on your loan is only available if you buy all the added products they are proposing. They claim the 'bank' wants the car protected.... which is BS... On the contrary, the bank wants your loan as small as possible so if they need to repossess the car, they can get their money out of it.
This video was published to help you discover how you can save time and money on your next new or used car purchase by doing your homework first, and then going car shopping as an informed buyer.
Is it unreasonable to expect a little old-fashioned honesty? We don't think so, but we are more than amused by the countless car salespeople or car dealers who contact us and state that we are making a 'small problem' sound far worse than it is. They also tell us the entire video is completely fabricated baloney. Really? Are you kidding us? We know there are honest people in the car business, and we receive positive comments from many of them, but it's definitely a buyer beware world out on the car lot!
For all of you car buyers who are well steeped in reality, if you watched the video "Confessions of a car dealers backroom" you need to see this video. By understanding what mistakes to avoid, you'll not only become a smarter car buyer, but you'll also better understand what not to tell a car dealer when buying a car. It's true that you can play all your cards up front with an honest dealer, but unfortunately, they represent the minority of dealer owners (truly transparent and honest dealers make up about 40% of all dealers), and you are unlikely to know the difference until it's far too late. Be smart, do your homework, and you'll come home with a car deal that's good for you and the dealer. After all, that's what fairness is all about. We don't endorse anyone being ripped off, and that includes some customers who think it's 'justice' to turn tables and try to 'steal' a car from a dealer. If you do stuff like this, that makes you a crook too, doesn't it? When a car dealer loses money on a deal, they just take it from the next unsuspecting person. We don't think your neighbor should have to pay for your car, so we encourage you to be fair and honest. Everything we talk about has to do with fairness and honesty, and that works both ways. Respect the dealers right to make money in your quest to get a fair and honest car deal. It's this kind of attitude by car dealers and consumers alike that will change the car business.
Watch "Getting Pre-Approved on Car Loans!" at https://www.youtube.com/watch?v=8KSmB3HE90E