4 SECRETS Car Dealerships Don't Want You To Know

In this video, I tell you 4 secrets that car dealerships don't want you to know about! There are many secrets that car dealerships and salesmen use to make more profit off of you, and I made this video to tell you about some of those secrets in an attempt to save you some money the next time that you are at a dealership. Do your research and use the advice in this video and you will definitely be able to get around these car dealership secrets!

CONNECT WITH ME:

SUBSCRIBE TO MY CHANNEL:

FREE DIY ADVICE EBOOK:

Disclaimer: Some of the links in this description may be affiliate links. All opinions are my own.

[theuniqueldy]

TYVM for the laugh...I needed it. I went to a used car dealer & told the sale man right after he said "Hello can I help you" "I do not need help I saw your ad. BTW I am paying cash & will not pay you asking price. Well, I saw another BMW (a classic) and walked out with $500. less asking price, no tax, tags or prep fees & got what was needed fixed. It has been almost 7 yrs & I am still driving my classic  BMW

[JamesLStapleton]

Car salesman's dont know anything. I once went to a Toyota dealer asking if they had an 86 available for me to look at, the guy looked at me confused and said, "You mean an FRS? 86 is the company number for the car." I was dumbfounded. Then he went in a tangent about how the engines in the both the Twins were Porsche engines. My brain hurt after that.

[draculadracula]

If you purchase the car but never took possession of it cause you find some scratches and dealer took car to a body shop to fix it, is the deal is done or you can actually bank up on the deal? I never drove the car of dealership cause it was missing a charger and I find scratches?

[Johnny-koec]

I don't understand everyone's willingness to jump on the hate train for this guy. He's trying to be helpful unlike some other guys doing yoga challenges or dropping cinnamon in they're nostrils.

[AlejandraGonzalez-nlwj]

He sounds like weasel from Breaking bad omg i love it.

[livrforlax]

#5 The manager will yell at the salesperson after you leave with out buying.

#6 if someone is truly just looking and has no interest in buying and just walks away with the manager speaking to them, you will get sent home.

#7 If the sales person says please hang out for a couple of minutes my manager just wants to thank you for stopping in today please do.

#8 hold back is generally around $1-$1, 500 so always tell them I want invoice and the holdback off the car. they are still going to make a profit off of you in the (box) finance.

#9 I know all this because I was in the car business my self.

#10 (Bonus) if you don't like your sales person you can always ask for a new one all that you gotta say is give him at least the unit

[CrownMe]

Here’s another useful secret, if u plan on financing u should go after a car at least 2 1/2 years old. Normally the price of the car will drop dramatically, putting u in a position where u can finance much less for a nice vehicle

[brealistic]

hold-backs is a important secret. thanks for mentioning this.

[ronnetteharvey]

I bought a car in 2008. It was a 2005. It cost me x-amount but I was t-boned in the first month. Their fault. Then I found out the insurance only paid blue-book price and I was responsible for the new computer in it that needed to be replaced the first week, and the extra the lot had tacked on. I don't haggle. So the computer and commission was 750.$ I don't think that is very much. Very reasonable.

[charlesbelser]

Definitely could be the flex seal guy. Good common sense stuff though.

[Unhry]

Do you have a video on negotiating a low interest rate or the secrets to get a low interest rate?

[pmm]

I refuse to buy from a car lot i havent bought a car from a lot in nearly 10 years

[joand]

How do you find out the actual invoice price on a used car?

[ANIMAbestOfDBZ]

This are not secrets at all ?? Who cares if they dont no the full specs is your job to do your own research on the car u want to buy before u go to a dealer, and about the trade in car is just common sense the cleaner it looks the more you get out of it..

[sunshineb]

Why are so many of you so harsh on him? he's just trying to help someone

[bigray]

How do you find out the invoice price?

[giuseppenero]

They increased the price when they saw (or heard) you coming?

[stwhite]

I agree with comments below. This is a good two minute video stretched to five and a half by repetition and blah blah.

[nallano]

Dude you sound like you are stress out.  Dude a car dealership has the right to make money.  Why be in business if you don't make money?  What secrets did you really share?

[xNILREM]

I bet all my customers watch this video before coming in to see me.

The only people that get the hold back is the owner not the reps. Sales people get 25% of profit after Pac (What is above invoice) so when you want 1000 off your asking can you take 250 out of your pocket?.
Honestly I don't understand why people this everything is a terrible deal and are against paying profit. It is a business after all. I don't mean paying full MSRP. I mean when I structure someone 500 over invoice with no extras they freak out because it's not low enough. If you can't afford that you shouldn't be looking at that car anyways. Sometimes ill be with someone grinding for 6-8 hours thinking I'm hiding thousands with kick backs and hold backs and finally sell my mini. My commission didn't cover the hourly. Out cars only have 600-2000 profit in them after 500 Pac.