Sunday 29 July 2012

How Car Salesmen Fool You!

What's Your Car Really Worth?


It's happened again! A friend of mine has just bought a new car and told me all about it: what a good price he got for his old car: how he was offered SO much more for it than at some other garages.  He thinks he got a really good deal...

WRONG!

I used to sell cars at a main dealership: I was trained in car sales and know how these things work.  I KNOW he has been "suckered".  He thinks he got a good deal because he has been fooled into thinking he got more for his old car.

It is natural mistake for a car buyer to make though: a car is the most expensive purchase we make in our lives (apart from our house) and we obviously want to lose as little money/value as possible.  So car dealers prey on that and often APPEAR offer you more for your car than it is really worth!  BUT you are not really getting that amount of money for your part exchange.