Used Cars: The Risks You Never Think Of
Many buyers have had successful deals with some used car dealers. However, over the years used car dealers have been reviled and they have been portrayed as hooligans.
When the time comes and you are ready to go used car shopping, there are some things to get prepared for. Make sure you know how to deal with the dealer. If you fail to negotiate well with the dealer, you may end up with a bad deal you might regret later.
Car buying process is very emotional for buyers, they purchase with their hearts and eyes. All official procedure passed are excessively affected by emotions. Buyer signs paperwork without reading it thoroughly. The consumer has to read and understand everything he/she signs before driving off in the vehicle. Even the dealer won’t put the agreement of the purchase in writing, so you will suppose that there’s a reason, and it’s not one in your best interest. It is amazing how the buyer believes every word the car dealer says during the negotiation process.
Another often used dealer scam is the financing scam. The dealers will certainly try to get you to finance through them because they get commissions from the lenders for each loan. These loans cost more because the lenders are taking a higher risk.
Do your research before getting excited about a particular car. Bring the information you found with you, and let the dealer know that you are researching a particular vehicle. Check the prices, recalls, consumer reviews, and the most important get a test drive, a CarFax report, and a certification regarding odometer. It is recommended that buyers bring their own mechanic so he can look at it before signing any paperwork.
You should know that your best protection against dealership scams is research. Research on the internet everything you need to know. It will be helpful for you to get more information and make a more profitable deal. Use internet to:
* Find out car dealers’ prices,
* Find out new or used car prices,
* Study similar cases and learn their solutions
* Learn more blogs, news and other related topics about “how to avoid dealer scams”, “car dealers profitable tricks and secrets” etc.
* Get valuable attorney advice
* Make discussion in forums
Car dealer fraud is also wide spread on the internet. Of course, you can keep away your from all these cases if you gather all necessary information. Proper research will help to know the real price of the car you want and avoid the main dealer scam: vehicle overpricing.
Never wait for that much information on a specific car model from your car dealer. Remember once and always, the dealer can’t be an expert in every car model. You should do it yourself, if you want details. If you have any further problems with dealers, feel free to contact a dealer fraud attorney.