Why do car dealers lie so much?

But most of the lies told in a dealership aren't designed to hurt the customer. In most cases, they're actually intended to help the customer obtain financing and buy a car—which, of course, also benefits the salesman and the dealership.
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Why do car dealers always make you wait?

Fewer people work there and each customer might be talking to one of the finance managers for 30 minutes or so. While all this is going on, your new car is being washed, gassed and prepped for final delivery. If that process doesn't sync up exactly, you might have to wait a while longer for the car to be ready.
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How do you know if a dealership is lying?

What kind of lies do dealers tell?
  1. The dealer tells you that you have to buy GAP or a Vehicle Service Contract or any other product to get financing. ...
  2. The dealer tells you that you have to use its financing. ...
  3. The dealer tells you “it doesn't matter” what you put down for your income when you apply for a loan.
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Are Car Salesmen liars?

Unfortunately for consumers, salesmen still have incentive to lie. Pressure from a manager may be forcing them to close deals or find a new job. Though there are countless professional and honest car salesmen out there, others may look you in the eye and lie for their personal gain.
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Do car dealers try to rip you off?

Most car shoppers focus only on negotiating the price of the car. That's fine with dealers, because they can easily give you a good price while completely ripping you off on the financing and trade-in. If you focus instead on your trade-in, that's fine too.
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The BIG Lie Car Dealers ALWAYS Tell You (Former Dealer)



How do you outsmart a car salesman?

Car Buying Tips To Outsmart Dealerships
  1. Forget Payments, Talk Price. Dealers will try selling you to a payment per month rather than the price of a car. ...
  2. Control Your Loan. ...
  3. Avoid Advertised Car Deals. ...
  4. Don't Feel Pressured. ...
  5. Keep Clear Of Add-ons.
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How do you beat a car salesman at his own game?

10 Negotiating Tips to Beat Salesmen at Their Own Game
  1. Learn dealer buzzwords. ...
  2. This year's car at last year's price. ...
  3. Working trade-ins and rebates. ...
  4. Avoid bogus fees. ...
  5. Use precise figures. ...
  6. Keep salesmen in the dark on financing. ...
  7. Use home-field advantage. ...
  8. The monthly payment trap.
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What should you not say to a car salesman?

10 Things You Should Never Say to a Car Salesman
  • “I really love this car” ...
  • “I don't know that much about cars” ...
  • “My trade-in is outside” ...
  • “I don't want to get taken to the cleaners” ...
  • “My credit isn't that good” ...
  • “I'm paying cash” ...
  • “I need to buy a car today” ...
  • “I need a monthly payment under $350”
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What tricks do car salesmen use?

Make sure you're prepared for these sales tricks Simon says you're almost guaranteed to hear.
  • 1) The Hard Sell. This is the salesperson that simply won't leave you alone. ...
  • 2) Selling on Payment Instead of Price. ...
  • 3) The Trade-In Trick. ...
  • 4) Bad Information. ...
  • 5) Hidden Fees. ...
  • 6) The Waiting Game. ...
  • Now for the Good News.
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Why do car salesmen talk to manager?

'The manager has to make sure there is enough money in the deal. 'Neither of them is really working for the buyer. Everyone is paid on gross profit - so the conversation is 'how do we bump this deal up?' .
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Can a car dealership take a car back after you signed a contract?

A customer may take delivery of a car on a Friday, drive around for the weekend and suddenly see something that is much more appealing. But once you've signed the deal, this is binding. And a dealer will only allow you to take delivery once the payment has registered after the money has in fact changed hands.”
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Are all car dealers crooks?

Most of the people you meet in car sales are honest, decent people just trying to make a living. But that doesn't mean there aren't any crooks out there. Bad guys are sprinkled throughout the world of sales like raisins in oatmeal-cookie batter.
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What should you not do at a dealership?

7 Things Not to Do at a Car Dealership
  1. Don't Enter the Dealership without a Plan. ...
  2. Don't Let the Salesperson Steer You to a Vehicle You Don't Want. ...
  3. Don't Discuss Your Trade-In Too Early. ...
  4. Don't Give the Dealership Your Car Keys or Your Driver's License. ...
  5. Don't Let the Dealership Run a Credit Check.
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When should you walk away from a car deal?

A fair value is one that falls between these two prices. But if it becomes clear you can't agree on a fair price, it's time to walk out the door.
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How much do car salesmen make per car?

The majority of car buyers think dealers make between 10 and 20 per cent profit on every new car they sell. In an exclusive survey for Car Dealer, What Car? found that 28.2 per cent of 5,000 car buyers surveyed think dealers make 10-20 per cent on every car.
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Should I tell Dealer Im paying cash?

If you tell them you're paying cash, they will automatically calculate a lower profit and thus will be less likely to negotiate a lower price for you. If they think you're going to be financing, they figure they'll make a few hundred dollars in extra profit and therefore be more flexible with the price of the car.
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What percentage can you negotiate on a new car?

The main difference will be how much you can negotiate off the retail price: New cars. It is considered reasonable to start by asking for 5% off the invoice price of a new car and negotiate from there. Depending on how the negotiation goes, you should end up paying between the invoice price and the sticker price.
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What day of the year is best to buy a car?

New Year's Eve and the New Year's Day holiday are some of the best times to buy a new or used car. The days are typically packed with special end-of-year sales events and supported with great buying and lease deals from automakers.
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How do you not get scammed at a dealership?

How to avoid car dealer scams
  1. Get pre-approved for a car loan before you step on the lot. This can save you a bundle. ...
  2. Do some research before going to the dealership. ...
  3. Don't negotiate based on monthly payments. ...
  4. Don't allow your trade-in to influence your new car's cost. ...
  5. Be willing to walk away.
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What time of year is best to buy a car?

In terms of the best time of the year, October, November and December are safe bets. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. All three goals begin to come together late in the year.
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What are the seven rip offs car dealers do?

Car Dealer Tricks to Rip You Off!
  • Financing To Meet Your Monthly Payment. You know your budget better than anyone. ...
  • Higher Financing Costs. ...
  • Spot Delivery Scam. ...
  • Extended Warranties. ...
  • Extras. ...
  • Being Rushed.
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How do you know if you got a bad deal on a car?

“One sign that you're getting a bad deal is if the price is significantly different from the car's Fair Market Value as indicated by Edmunds or Kelley Blue Book. If you're having any doubts about the reputation of the dealer, contact the local Better Business Bureau.” —Roslyn Lash, RoslynLash.com, financial consultant.
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Why are car salesmen so pushy?

Salespeople are usually under pressure to maximize the profits on each vehicle they sell to increase their commission, and this influences how they interact with you. The more a car salesperson convinces you to pay for a vehicle, the more profit they make.
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