[…] blog wrote an interesting post today onHere’s a quick excerpt… people dont get a true value on their vehicle by using sources such as Kelly Blue Book or NADA I know the sources we use for appraising vehicles is a national accounting of what vehicles are selling for at wholesale auctions. This is more likely to happen if you’re looking at one of the domestic automakers as they tend to give bigger discounts. You're about to make a big purchase that you'll be driving for a long time. Opinions about buying cars are like belly buttons, everybody has one. The dealership is well aware of this weakness and exploits it. 4.5.07 5:46 PM EDT By Meg Marco @meghann. It will also avoid the hassles and headaches of negotiations or wasted time in the “back room”. Thanks for taking the time to distill everything down to the key points. Best Canadian Online Discount Stock Brokerage, Wealthsimple Review 2020 – Robo Advisor & Wealthsimple Trade [UNIQUE PROMO], Questwealth Portfolios (Robo Advisor) Review, CI Direct Investing (Robo Advisor) Review. When you agree to be a “monthly payment buyer” several variables are introduced that are harder to keep track of: the term of the loan can be extended up to 72 months (six years!) Also, purchasing at the end of the year or early in the New Year can score you better deals. read. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. Get a free Edmunds appraisal report for your car in minutes, Ready to sell? Maybe that domestics depreciate faster thus getting a better used price? We got to the bank and figure out what monthly payments we can afford and then look for houses at or near that peak based on the interest rate we locked in at during pre-approval. car sales kia insiders financing confessions dealerships tips … And on car sales – I’ve always found that you go to someone that you can trust ( I know that’s an oxymoron with car salesman but everyone should know at least one or two car salesmen) – and pay a reasonable amount because they have to eat too – and you won’t get a lemon. 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The best year of cars sales with this formula was about 3 years ago when we sold 280 cars. The one thing I would like to add is to try to sell your car vs. trading it in. Number 3 we undercut or are at par with every other dealers prices within a 50 km radius. The GM definition of student includes part time university students. Beware the car salesman who acts as if he’s on your side. 2006 Lincoln Navigator 3 […] Read the rest of this great post here […]. Number 1 we don’t wear suits. Would I pay $10k for a 2000 Honda Civic over $5k for a 2000 Ford Focus? Confessions of a Car Salesman — All About Hyundais, The Financial Blogger | November Monthly Top Ten, money news blog » The Friday Gathering for 12/07/2007, Best of Million Dollar Journey: Nov 2007 | Million Dollar Journey, chrisperruna.com » Blog Archive » Weekend Elite Money Links, Friday Elite Money Links, December 14th 2007 - Stock Trading To Go, money news blog » Friday Elite Money Links, December 14th 2007, Carnival of Personal Finance » Carnival of Personal Finance #131, Confessions of a New Car Buyer - Getting the Best Price | Million Dollar Journey, Carnivals and Another Camera Giveaway | Million Dollar Journey, Personal Finance Blogosphere Best of 2007 | Moolanomy, Thicken My Wallet » Blog Archive » Things you should always buy on sale, Making Your Car-Buying Trip Easier and More Productive, Wholesale » Blog Archive » Comment on Confessions of a Car Salesman by Shane, 25 Ways I Save Money | Million Dollar Journey, New Car every 10 years or Used Car every 5? 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