Law On Buying Used Cars
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Buying Used Cars
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Dealers and salesmen have a way of getting extra money out of you for the extras. The Dealer Prep Scam Let me first let you know that cost is not only legal but very much common practice. I wont get paid scam: This is when the dealer tells you that he wont get paid if you dont purchase the options package. Tell them that the fact that you made an offer on the car shows that you are serious. Deposit scam: This is when the finance manager insists on a deposit before you have signed the purchase contract.
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The dealer can then charge you 00 more in finance fees and up your monthly payments by . You should visit http://www. 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. When you are considering how much you can afford for a car, be sure that you dont get sucked into paying more than that.
There are many things that you dont want to see a dealership do to you as a buyer, but there are some things that you should not do as well, if you dont want to alienate the dealer.
Here is a list of donts that you should abide by if you are really looking to get a good deal.
Dont 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 cant get away with, and could cause many cost increases later.
Dont bother looking for a car if you have had a recent bankruptcy because you will not get approved anyway.
Dont 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.
Dont bother lying about your debt load and credit rating because they will check it anyway.
Dont offer any money for a car unless you already know the dealer cost because you are setting yourself up to get ripped off.