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Avoid this by leaving. Its bad enough that they will throw them up at you but look at this table to show how much they are really ripping you off by. The Payoff Your Loan Scam This is when the dealer offers to pay off the balance of your current car loan no matter how much money you still owe.


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A dealer can see this buyer coming from a mile away. This deal is almost impossible to get because most dealers sell different makes and models anyway. com, the program does all the calculation for you.

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Dealers Buying Used Cars Resource
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.