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Hidden rebates: This is when the dealership advertises that the price of the car is lower than the MSRP. That way you can bring a copy of the contract to your local States Attorneys office to verify that the deal is valid. Basically the dealer will tell you have to an extra 0 to cover the labor costs of the dealerships 5-point inspection. If your paper and theirs doesnt say the same thing, go somewhere else because that dealership is lying to you.


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Many of the scams are the same as you will encounter when buying a car. By doing this, you might as well buy a car from a stranger on the street with the same deal. Now, if you add the 5% for your offer to that price, which will up the car price to ,379 due to the addition of 5 for the destination charge that is always present, you will see that based on the offer that the dealership offered, you just saved yourself 10. How to Avoid Car Refinance Scams Purchasing a new car from the dealership leaves you open to dealership scams, but what about when you need to refinance your car loan? They are all generally the same. It doesnt make sense.

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The Buyers Folder

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.