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If you have ever wanted to get your moneys worth out of buying a car, then this will be your comprehensive guide to getting through all of the bull and getting a car at a good price. Some dealers might tell you that the etching is free but will add on the etch money to your monthly payments to make up for it. Avoid this by letting the dealer know that you know better and will not pay it. If you come back tomorrow I cant guarantee that the deal will be the same. What you dont realize is that the fine print says that the prices include rebates.
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The Bounced Check Scam This is when you walk into a dealership with a bank draft and the dealership charges that they cant accept your draft because your bank bounces checks often so they now refuse checks from that bank. These cars are flying off of the lot. However, when you get there, you are told that they miraculously sold the only one they had before you arrived. They can include all kinds of extra fees in the additional dealer markup. If you can, you should avoid them all together. Avoid this by threatening to leave if they dont stop it.
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 00 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, lets look at the top 10 scams that dealerships pull on you.