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Listing Details
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Before buying a car you should do some needed research. Know how car dealers do business by reviewing some of our informational articles on buying cars.
Details: There are many things you should watch out for when buying a car. Apart from the jargon you may need to know and use, you have to beware of the many dealership scams and know what to offer the buyer as a price.
Here's a quick car buying guide...
1. The VIN# window etching scam
Basically a dealer will charge you $300-$900 for window etching and they will tell you that you have to pay the money to get the loan because the banks insists on it.
2. The Financing Scam
Every new purchase has a clause in the contract that usually states that the deal is "subject to loan approval." This gives the dealer's finance manager a loop hole to get more money from you.
3. The Credit Score Scam
Is a ridiculous scam when the finance manager tells you that your credit score is lower than it really is so that they can get you for higher interest rates.
URL: www.buycartips.com
Category: Automotive
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