Car dealerships have been around since the early 1900’s which is when the demand for mass produced cars was first noticed by car manufacturers. That’s how cars are still sold in 2019. In recent years though, the car dealerships have developed a reputation of not being transparent. Some of these things include the best price they can get, hidden fees on the car finance and markup on car care after-sale products. This is applicable across western society.
When buyers visit a car dealership and decide to buy a car, many know the price for the car is negotiable. Car dealers never disclose their best price upfront. To get the best price for the car, buyers spend a long time negotiating, which for most is a daunting and frustrating task. Going armed with the correct information and research can help alleviate this problem.
Price You Should Pay
Information buyers should research is the deals other buyers have received. This can be done by asking other buyers or easily through dealership price comparison websites like carloop which saves car buyers time and money.
Fees on Finance
Car dealerships do not disclose the hidden fees when financing the car they are buying. Sometimes these can be as high as $750 that the buyer pays when they get their new car financed from the dealership.
Car care products like paint protection and window tinting can be purchased through the dealerships with the new car but what many dealerships don’t disclose is the high prices they charge the buyers. Some of these products are twice as much as what a local car detailer would charge car buyers.
These are some of the things that buyers should know about but aren’t usually disclosed by car dealers. With a bit of research, buyers can be well prepared and not fall into the traps. This would save them time and money and ensure they are in the driving seat of the car buying process.