Why Car Buying Sucks and How to Avoid the Nightmare
A car is likely to be the second most expensive item you will ever buy in your lifetime. It should be an exhilarating process. You should come out of the process beaming with excitement over your new ride. But that’s not how most retail sales play out. High pressure commissioned based sales combined with sleazy business practices make for a really bad combo. Where did all the fun go?
Well it isn’t fun because basically you know you’re getting screwed. You just don’t know how badly. You have many online resources for price like TrueCar and KBB, and they can help a great deal with information on what you should expect to pay, but they are not going to be able to help you when you walk into the showroom where all the rest of the gritty details await you. And that is where things get ugly.
Take for instance all the expensive and bewildering dealer add-ons; Interior Protection, Tire and Wheel Insurance, Window Etch, Alarm System, Maintenance Programs, GAP insurance and Extended Warranties, all at ridiculously high prices. These items will be pushed and pushed hard so that they can extract as much money as possible from you. Each of these items increases your “out the door” price significantly to the point that all that negotiating on the original price looks meaningless. You can just say no to all or if you want to buy one of these remember that each of these items is highly negotiable.
But that is not where your troubles end. There are other hidden, more insidious ways that the dealer will pad his wallet without you knowing. It's called “back end profit”.
Take for instance financing. This is where dealers can hide behind numbers that are pretty much made up in their heads. There is very little that you, the consumer, can know if it is a fair deal or not. There is little basis for comparison.They make money on you not knowing. By the end your head will be spinning and there is just no way to know if you got a good deal or not - you most likely did not.
And that is just looking at new car purchases. If you buy used then you have a whole other set of problems. Like, “is this a good used car or not”. That in itself is no small matter.
Of course there are still a few car dealerships that are straight forward and honest, but the industry is still rife with problems. It pays to know the good dealers from the bad ones. For instance out of over 30 car dealers in my area I only work with a chosen few. The rest I avoid like the plague.
This is why having Car Buying Support is essential.
Sure your uncle Ted might be able to help, but he does not do car deals on a daily basis. Whether you get a professional broker involved or use online support like CarBuyingSupport.com you will be rewarded with the best car at the best price with the best experience.
The amount that it costs to have this type of car buying support at your side is money in the bank. It could save you thousands and make the transaction so much more pleasant and efficient.
Greg Macke- Your Car Angel
Greg Macke is a car blogger and author of “My 7 Secrets to Buying a High Quality Used Car”. He is a professional car buyer and consumer advocate working closely in the industry to improve the buyer’s experience. His high quality car buying tutorials offer help to the car buying public. – See more at: https://carbuyingsupport.com