Tips on how not to Get Fooled by the Tricks of Vehicle Dealer |
Posted: March 17, 2017 |
If you are fancying on buying yourself a car whether a used one or a brand new, then make sure that you do proper research to know all the tricks involved in the trade. You have to make yourself familiar with the tricks that the motortraders generally apply on their new buyers. Once you walk in a vehicle showroom that you prefer, the salesman present there will try his best to woo you to his tactics. It is always the policy and the endeavor of the dealership to not to make the customer walk out without finalizing their favorable deal. Whether it be pulling out the maximum cash from the pocket of the customer or to sell out their piece from the lot that is lying with them. To avoid yourself from getting cheated by the vehicle dealer, here are some tips that you may find useful as these may prevent you from falling into the wrong hands. Get an idea of the price with the car dealers in your area First and foremost do some homework that may help you in ascertaining the prevalent price quotes that the different car dealers are offering in your area. This will assist you in dealing with the vehicle trader as he will not be able to charge you excessively for the dream car you want to buy. Find out about the best interest rates for financing The salesman may try to persuade you to higher rates of interest if you are not acutely aware of your credit points. So be sure about the rates of interest that can be most suitable to you, rather than to accept what the salesman can convince you. “Take the delivery now – work out the rest of payment process later…” The agent may persuade you to take the delivery now and work out the payment process later on by finding out the possible interest rates that the financing authority has to offer, which may, later on, turn out to be higher. And the dealer’s price for the car used during the period may be even higher if you wish to return it. At times it becomes difficult to return the car for buyers as they have already shown it to their relatives and friends, so finally one lands up paying more to avoid the embarrassment. Make sure to get the vehicle checked by a professional Before you finalize the deal, ask for a test drive and get the car inspected properly by a trained person who can give you the assurance that the vehicle is good enough to buy. If it’s a used car, then you should find out about the history of the vehicle if available or else get it checked thoroughly by a grease monkey. Do not Sign the Bailment Agreement Many car buyers are not aware of this deal, and they sign it in ignorance. But bailment agreement is a very tricky document which can make them pay the penalty of $50/day and $0.50/mile. Buying a car from an auction or a car dealer is a tricky business, so remember the points discussed above and make the car buying an enjoyable experience.
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