13 Car Buying Mistakes – How Auto Dealerships Can Take Advantage Of You
Are you a savvy car shopper who needs a little car buying advice? In this week’s video Kevin Hunter, host of “The Business Forum Show” outlines the 13 car mistakes to avoid making at the dealership. Kevin spent countless hours researching and compiling the information and data shared on this video. We hope you enjoy it!
People in the car business who profit from your mistakes by taking advantage of you may rant about things shared here and disagree with the content, but don’t be fooled by their rhetoric. A dishonest car salesperson absolutely loves an ignorant car shopper. We’ll try to help you avoid the common mistakes, and assist you in sorting the facts from the baloney in this business. How do Car Dealers rip you off? If you’re going to car shop and don’t want to be taken advantage of, it’s up to you to learn about car salesmen and auto dealerships, and the dirty tricks they play to rip people off. You also need to learn about the scams and inappropriate products sold by both new and used car dealers, and why some things dealers offer should NEVER be purchased. These include things like the theft protection scam, GAP insurance that is sold to consumers who either didn’t need it, or could have purchased much cheaper from their own insurance agent, and extended warranties that are often sold to buyers who didn’t want them or need them. To make matters worse, there are also thousands of car dealers who employ finance officers who are some of the most unscrupulous people you’ll ever meet, willing to tell you anything they can come up with to sell you everything I’ve described, and more. The worst ones will even claim your interest rate on your loan is only available if you buy all the added products they are proposing. They claim the ‘bank’ wants the car protected, which is untrue. Be smart, do your homework, and you’ll come home with a car deal that’s good for you and the dealer. After all, that’s what fairness is all about.
Hyundai Motor Co. plans to start selling its first battery-powered electric vehicle (EV) in 2016 as South Korea’s champion of fuel-cell cars hedges its bets in next-generation green technology. Hyundai has leant toward engines which turn hydrogen into electricity in response to stricter emissions regulations in markets such as the U.S. Research and development partner Kia Motors Corp. has focused on rechargeable batteries.
Let’s talk about your suspension. You know, the system that connects your wheels to the vehicle, controls your handling and delivers a good ride. Your suspension is critical for proper steering, stopping and stability. It’s a rough world out there, and every time you hit a pothole, a bump or an object in the road, your suspension system has to absorb that impact and maintain control. As you can imagine, your suspension has a lot of joints and pivot points, which allow your wheels to move up and down over bumps and to turn as you steer.