Quote:
Originally Posted by Xist
I cannot find the video now, but someone explained that some dealerships have a trick to raise the sale price of a new car to cover the trade-in, so that you effectively give away your car for free.
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They get you every which-way. From financing, to charging more for the new car, to purchasing the trade vehicle for less than it's worth, to selling it to the next person for more than it's worth. A consumer faced with the stupid "Foursquare" from a salesman is left feeling that buying a car is way more complicated than it really is, while being distracted from the fact that they are negotiating the sales price instead of trying to spend the maximum monthly amount they can afford.
The only time I purchased a used car from a dealership, Mr. Slick scribbled out his foursquare and asked what I could afford. I told him it's none of his business, and the only matter at hand is the sales price of the vehicle. He asked me what I think the car was worth, so I told him. He laughed at that price saying they had to make money too... 2 weeks later they sold it to me for the price I originally stated; not a penny more. My first offer is always my best offer.
Fancy showrooms, free coffee and expensive vacations don't come from nowhere.