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Car dealer scams
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Car Dealer Scams
Are you thinking of buying a car but hesitant to approach your
local car dealer because you are not sure about the processes of
buying a car as well as wary of possible dealership scams? Do
you feel that your knowledge about cars and getting great deals is
not good enough and you want to learn more about this matter?
Then this chapter will enhance your understanding about dealership
scams.
The car dealer and his trade
To have a proper understanding of car dealership scams, you must
first have an idea of the car dealers themselves and how they go
about their trade selling cars. First of all, the car dealer
will try and avoid giving you a price quote. This is because
the tendency of the buyer would be to go to another dealer and the
other one will probably offer a lower price thus, the first dealer
loses the buyer to the second dealer.
To increase their chances of getting you to buy their car, they will
try to make you commit to them before they give you the final
selling price. On your part, you can do two things: maneuver
the dealer into telling you the price quotation or negotiate the
terms of the deal with them. If you decided to negotiate with
the dealer then be always on the lookout for the following tricks:
Low balling
This is one of the tricks most commonly done by dealers. They
will try to convince the buyer that they can provide the lowest
possible price for the car thereby prompting the buyer to start
negotiations with the dealer. The salesman will probably tell
you that you can get the car that you want for a lesser amount but
when you are about to enter negotiations, it turns out that you were
not promised a lower price after all. It is just an empty
promise.
Best price matching
When you tell the dealer that you will try to look around and check
other car dealerships, the salesman will ask you to return when you
get the best possible price and he will offer to match it. By
this time, you will probably be too tired and sick of looking
around. Chances are that you will take their offer.
Trade in scam
When you have already bought the car, the salesman will try to
contact you before your new car is delivered and tell you that the
initial pricing of the car was $500 lower and would like to collect
the balance from you. If you fall for this, he will get an
extra $500 at your expense.
Spraying
What the dealer will do is to pursue you relentlessly until you give
up and buy the car. On the other hand, if you decided to buy
from another dealer, he will call you and tell you that he could
have given you a lower price thus making you upset. To avoid
this, you should not hand out your contact number. Some people
even give wrong contact numbers just to evade very irritating car
dealers.
Puppy dog trick
The dealer will allow you to take the car for an overnight or for a
whole day, his aim is for you to fall for the car and buy it.
This falls in line with the yoyo scam in the next chapter.
Immediate sale
The dealer will give you a very attractive price but he will also
make you believe that this deal can only be made until the end of
the day. This will cause you to think too much and in the end,
make the mistake of buying the car without checking what other car
dealers have to offer.
Extra accessories
The dealer will offer to give you extras like: car mats, window
tinting, and other accessories. This aims to stop you from
asking for a lower price because of the perceived "extras" that you
will be receiving from the dealer. It will slow down the price
negotiations and divert your attention away from the price.
All of us want the best deal available and we abhor the notion that
someone will take advantage of us through modis operandi like car
dealership scams. So before going to the local car dealer, you
better have a good idea of what he will be talking about. As
they say, only a fool will go to battle unprepared and with no
weapons. Your weapon will be knowledge, always remember that.
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