When Negotiating With Car Dealers Beware Of Hidden Closing Costs

Author : Gregg Hall

It would appear that car manufacturers pull out all stops to get you to buy a car On one hand this is understandable, because there is a tremendous amount of competition out there, and a salesman’s gotta do what a salesman’s gotta do to earn a commission On the other hand, a little upfront honesty would be nice for a change That commercial that you saw that made it seem as if you were getting a new car for little or no money was enough to send you car shopping Unfortunately, you probably got an unpleasant surprise when it was time to sign on the dotted line

There are no free lunches in business, they say So, why should you believe your car dealer when he says he has offered you huge freebies and goodies? The truth is he is a clever salesman making up for the apparent “discounts” with hidden costs Hidden till you closed the deal, that is No sooner would you have clinched the deal, than this tag of hidden costs spring on you like a Frankenstein monster, catching you unawares! This monster can not only be irritating, this can have the potential to alter your opinion about the dealer and about the business itself You have no defense, nor can you take him to court, because he had mentioned it all You’re wondering where? In his smartly couched language, so full of jargon, you’d not have understood a word of it till it hit you

So, is there a way out? Can you make sure you don’t get fooled like this in future? There is, if you followed some smart steps

First, be sure about the mileage he is offering on extended warranty This is one of the trickiest areas of misunderstanding Most dealers specify a certain limit for the distance the car has run, or a certain point of time from the date of purchase, whichever is first, (needless to say), to offer this warranty Make sure this is very clearly stated

Then, a more important problem can crop up when the warranty would be on some parts, and your car developed problems in some others! This is one of the easiest ways of dismissing your warranty claims Again, there is a hitch on the duration of the warranty

By the rule of thumb, don’t go in for extended warranty if your lease period is three years; go in for one only if it is for five years or above This way, since most cars, (again, not necessarily), don’t flunk in the first three years; there may be some wisdom in this move

Finally, make sure you visit some websites to assess your warranty in all its miniscule details, rather than approach the dealer for this In the end, you only need to have one really reliable source to prevent being taken for a ride; a keen eye for detail, so that the Frankenstein monster does not pounce on you at the most inopportune moment!

Gregg Hall is an author living in Navarre Beach, Florida. Find more about this as well as car buying tips at http://www.newcarbuyingsecrets.com

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