Beat Car Dealers - Part 4

Turn the tables on car-dealer rip-offs

In part four of this six-part series, I talk about how important it is to separate the three key financial transactions in play, so the dealer gets less leverage over you.

Huh? The three transactions are: buying the new car, selling (or trading in) the old one, and purchasing the finance. 

Dealers clip the ticket on all three transactions - which is reason enough to separate them, but they routinely also use one as leverage against you, over the other two transactions.

Stack the deck in your favour by buying the new car from the dealer, and managing the other two transaction independently.

 

John CadoganComment