Categories: Finance

Let’s Talk… Buying a Car at a Traditional Dealership!

Let’s Talk… Buying a Car at a Traditional Dealership!

I had to buy a car for my oldest son. To say traditional car dealers can be slimy is an understatement. We found the car we wanted at a local dealership, made an appointment, and agreed on a price. We were actually good until that point. Then came multiple missed calls from the dealer who was anxious to close the deal, and dealing with a plethora of add-ons they wanted to sell me. Here are some things to remember if you have to deal with a traditional car dealer. 

  • First, take a picture of the agreed upon deal. They will often try to change it and hope you don’t catch it.
  • Second, consider using a blank check auto loan up to a certain value. If you are financing through the dealer, you are beholden to them.
  • Third, when the dealer wants to run through the paperwork, tell them to slow down. You need to read what you are signing.
  • Fourth, the add-ins and warranties are seldom worth the money, especially if you are buying a certified pre-owned car. I read the contract, and it was basically what isn’t covered, so I passed.
  • Lastly, the internet puts you in control, so do research on what the car is selling for in other markets. There are a host of online car dealers that are easy and friendly to deal with, minus the high pressure sale and marketing scam artists.

The opinions voiced in this material are for general information only and not intended to provide specific advice or recommendations for any individual.

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