Title | : | How Dealers turn your Cash down into profit! Car Buying Tips |
Lasting | : | 8.28 |
Date of publication | : | |
Views | : | 666 rb |
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I can help you save thousands of dollars on your next car purchase with my Auto Car Buying System AutoCarBuying101com Sign up for my next webinar and I will show you how to do it (This is NOT stuff I share publicly) Comment from : @ChevyDude |
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If i want to pay 2 times to build crédit whats days should i pay? Comment from : @Mr23cm |
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I fell into your videos and started watching back to back The info is straightforward, honest, and organized in a way that makes it easy for the layman (or laywoman 😊) brI just had a few other channels pop up after watching yours tenfold difference They either get too complicated or not enough in depth The entirety of my notes for this process are coming from your info brThe Homework guy says hes the most watched /appreciated source for buying a car I would contest that Comment from : @kalianarenkel1745 |
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I tried going to a dealer yesterday, was told my 2022 Ford Escape PHEV was too upside down (neg 25k) to trade in unless I bought an electric car Funny thing is I never had negative equity when I bought it, just the Ford dropped in value that drastically is rediculous Never buying one again Comment from : @rivlasdezerai |
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I feel like this is misleading Down payments benefit you as well Especially in this high interest rate inflated economy If you can get a lower interest rate by doing a down payment thus lowering the monthly payment that the rate is based off anyways Comment from : @yackemup |
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The past three videos I've watched of yours tells me at GM dealers are really crooked but this is not new to me Comment from : @mrchad97z49 |
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@chevyDue hey Comment from : @KereemGoldstein-v4j |
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My brother knows how to get into the car salesmens head and get them to drop the price even lower Comment from : @mrmikeflo11 |
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They took my down payment and put it in the Warranty…I couldn’t even turn it down Comment from : @Monstacheeks |
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Thanks for the information 😎 Comment from : @snakes5506 |
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Great video Just subscribed! Comment from : @machfive916 |
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If a sticker price is 33k and I got fair credit how much money would they try to make me put down Comment from : @rl8320 |
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Do you have any detailed video explaining the difference between finance and lease? Which is better? Any down payment required? Comment from : @FaZeSketch |
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Does the sale tax have to be rolled into the loan? Comment from : @kisha732 |
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If you don't know how much your car payment is going to be, you shouldn't buy the car Comment from : @jshauns |
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When they ask how much I am putting down at the beginning I simply reply with, “I won’t be putting anything down unless I get an OTD price that I am satisfied with so the OTD price is the only we’re going to be discussing at this point” Comment from : @sunshine6271 |
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So, why do you help people? Comment from : @Outrunninaround |
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I would never trade in my Malibu because it doesn't hold value Comment from : @jeffortman6395 |
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Dont see any cheat sheets on your website? Comment from : @larryb131 |
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Never go buy the "How much do you want your monthly payment line" concentrate only on the total price of the vehicle and the exact price of your trade in (If applicle) Comment from : @Brisoup1 |
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Do I have to put a down payment if I’ve been pre approved with the bank? Comment from : @Soy-Leyenda |
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900th comment 🎉 Comment from : @septsixquatredeux |
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EVERYTHING HE'S EXPLAINING IS CONSIDERED FRAUD, BECAUSE EVERY CAR DEALERSHIP WHETHER IT'S A NEW OR USED DEALERSHIP IS OBLIGATED BY LAW "KEY WORD LAW" IS TO PROVIDE THE (TRUTH IN LENDING ACT ) UPON REQUEST & ACCORDING TO USC 1604,1605, & 1611 A DOWN PAYMENT IS ILLEGAL PERIOD Comment from : @delanodjdelo |
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This what you saying is government issue if they are doing something wrong, the government must stop them???brIf you search for a car on the internet they explain to you that You have To put down 2999 dollarsbrThey Not Gona Sale car to you without down payment??? Comment from : @bekimuka7689 |
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I usually just go Look at the car see that price try to reduce the price pay taxes and fee’s separate And when we agree I tell them the down payment Comment from : @Animeguy549 |
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Thank you for providing the content you do Thank you for encouraging all of us to help donate with you by making a purchase 🙂 Comment from : @Hbear47437 |
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Does not answer the question of is money down is actually required No its not required Comment from : @reneehollenbeck5824 |
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I just want a service I can pay to do the car deal for me!!!!🙏🏻🙏🏻🙏🏻🙏🏻 Comment from : @dinxie8221 |
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Car dealerships are rip offs no matter wat!! You’re not getting a deal cuz they mark up the price to overvalue it so they can take a couple 2k off thinking u got a good deal it’s best to buy a car cash Comment from : @mrsinister1279 |
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Do these tips help in Canada? Comment from : @hitechstephenson6858 |
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What should I do if I was planning on 20 downpayment? No trade ins Comment from : @Raider23Mike |
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If my teachers in school yelled and spoke so fast in class I wouldn’t have learn anything Comment from : @eazytoribio2695 |
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Do you sell 2023 Denali truck black, with power running board, sunroof etc Comment from : @alphabady1806 |
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Just got a gr corlla Comment from : @christopherbassit2757 |
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The first words out of your mouth were a lie The first thing I was taught was “follow the process, because the process works” Knowing that, I knew to take the rest of what you said here with a grain of saltbrbrAlso, profit isn’t a bad word Why do you think we show up for work? To lose money? People hate car dealers for doing the same thing they do when they go to work because guys like you tell them to Videos like this make the process way more confrontational than it needs to be Comment from : @brandoncofrancisco789 |
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There's good info in here but it's not explained well on what we should do This guy is definitely a salesman 😂 Comment from : @GentleBrawl |
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When I bought my first truck at the end of 2019 I made the mistake of getting the extended warranty 28k up to 32k for a 12 thousand mile extension NOT worth it oh well, I’ll never do that again I love my 19 Ranger Comment from : @tylerjoseph7378 |
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After buying 5 cars and trading a year of using them, I learned that the best way to buy a car is to go to your bank first and ask for a loan so you don't have to deal with any of those lying and cheating salespeople, and if you go to put some money forward give it to your bank directly Comment from : @DAG42085 |
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Who still finance with the dealership? Comment from : @bodegaboys7475 |
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Could not find a "digital download" section on the site that you mentioned Comment from : @kylemcgowan1 |
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Buy a Tesla and you never have to deal with this ever again Period Comment from : @nickdeezy9768 |
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My dealer didn't want cash to buy, wanted to loan instead Comment from : @garsocks |
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When i bought my current car, i knew all these tricks (i used to be a car salesman) And so i ended up leaving the dealership with a BRAND NEW car for only about $300 a month payment and i only gave them $250 cash as a down paymentLOL Comment from : @chrislaws4785 |
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This is great info Comment from : @KeyBored101 |
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Dealers always rob those poor folks that live in the ghetto but they want to drive an overpriced used German car despite having high child support payments! So sad Comment from : @AntLive29 |
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Please upload all your videos into Rumble! Comment from : @oterosocram25 |
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Get your own financing Lock all 3 of your credit reports and walk away if they keep playing games I never put anything down (not even the taxes) and never had a problem buying a car using my own financing except for when all dealers went on a power trip when there was a shortage Just waited it out and when I saw a Venza hybrid sit on a lot for 60 days and the asking price went from $40k to $27k I jumped because they were desperate to unload it 2 years old and 15k miles on it with all of the Toyota warranty Comment from : @fatmanchew909 |
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Wow! Dealerships trying to make money on you? Unbelievable Comment from : @Stephen_567 |
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You know I was shopping and he said my payment would be 360 or so a month, when it came to my signature they wanted 4000 down and my payments would actually be 993$ a month Comment from : @planetina1145 |
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Literally making my job harder :( Comment from : @GJaydenM |
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I watch your videos and some other videos on buying a car and used the same techniques and the dealer near my city kicked me out when I was there for 30 minutes calculating everything 😅 Comment from : @MS-ql8ek |
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Can you do a video about trade-in's? Like if you have a car you wanna use to trade in, either you own or have a bank owned title?! Comment from : @CurvyTribune |
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Cool Comment from : @7viewerlogic670 |
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I had a buddy that wanted me to go in with him because he was intimidated by the car buying process brI told him: "Remember you owe these people nothing You don't have to buy anything they are selling Your goal is to get the car you want for a reasonable price There are thousands of the vehicle you want for sale out there so don't feel pressured into NEEDING to buy this one because it is the only one they have"brHe went in and did great I was looking at vehicles at the time too So it worked br99 of car buying is to never let yourself feel pressured, and know what you want and how much you're willing to pay before walking in the door Comment from : @getinthespace7715 |
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car payments are one of the dumbest things you can get yourself into Comment from : @maxvoronin273 |
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Would it be a good idea if you plan on paying in full, to get a dealership loan at a high price, to leverage a better deal, or some extras, but in reality you are going to pay off the loan before the 1st payment is due? Comment from : @440Trick |
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I’m a car salesman and I’d actually prefer you put no money down Banks pay the dealer a percentage of the amount financed This guy is a bit out of the game 😂 Comment from : @magus5200 |
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I’ve always bought trucks never a new car but I just use the rebate as my down payment Comment from : @andrewrehnert4997 |
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This does not seem to work on the C8 corvette Comment from : @baggyshorts |
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I know this is an older video of yours so maybe long shot on the reply Would it be best to get a loan approval from my bank at a rate that I find acceptable and bring that to the dealer so they fight for one that is better? Comment from : @TheRalphRoast |
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I usually take the sales man around back Rough him up a good bit and I Walk out with what ever car I want Comment from : @andysangels1970 |
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When I bought my car recently I always said “ I don’t care about monthly payment what was your lowest interest” since interest is higher now Comment from : @thecwwshow8036 |
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Car loans are a horrible financial mistake Comment from : @Theultrazombiekiller |
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Should the down payment ever be added to the total price paid for the car? The amount financed remained the same, but the total price went up? Comment from : @martinramey5622 |
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Always go in with a pre-approval from your own bank, if you are looking at the dealerships financing ALWAYS ASK TO SEE THE BANK APPROVAL FROM THE BANK DEALERSHIPS ALWAYS INFLATE THE APROVED RATE!! Comment from : @fsanchez5403 |
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This video was gold just wish you talked about how to pay in full with cash Comment from : @stachowi |
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😱😱😱😱 500 buck toward new car worth 8 g119000 milesbrcan I sue come on need information disabled got a chance straight forwardbrbrGot straight lies calling a lawyermessed up wish I did this my first car I got off a lotbr🤔 SmhbrThis is so trueeeehurt my heart this how u learn Teach kids to ask questions don't believe squat seriously 😒😳 Comment from : @nicoleallen8349 |
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:15 - 11 Fake Car Fees you should not pay at a Car Dealership
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br0:51 - Car Dealers dislike informed Customers
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br1:24 - Two Rules to know about Dealer Finance
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br1:53 - The only legitimate fees you must pay at a car dealership
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br2:37 - The Finance Office is the Number 1 Profit Producer in the dealer
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br3:25 - Don't Pay Dealer Prep Fees
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br4:26 - Don't Pay Dealer Advertising Fees
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br5:06 - Don't Pay Additional Dealer Mark-up
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br5:37 - Don't Pay Delivery or Destination Fees
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br6:12 - Don't Pay for Nitrogen Filled Tires at a Car Dealership
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br6:51 - Don't Buy Credit Life Insurance from a Car Dealership
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br7:12 - Don't Pay for a Vehicle Enhancement Fee in Dealer Finance
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br7:37 - The most commonly abused charges in Dealer Finance
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br7:49 - Don't pay for Window Etch Theft Protection at a Car Dealer
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br8:46 - Don't pay for Dealer Document Fees
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br10:10 - Don't pay for E-Filing Fees, Electronic Filing Fee, or Processing Fee
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br11:16 - Don't buy overpriced GAP insurance from a Car Dealer
brShow less Comment from : @garymitchell6522 |
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Thanks for your info and all the videos and vlogs you share I do however have a question I found a used vehicle/ truck from out of state Obviously not local I know they want to run the finance before I get there to check out the truck including how much for down payment etc Is this something strongly against doing until I show up and see the vehicle or go ahead and get things prepared paper wise? Comment from : @michaelwolle13 |
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$275 for your trade-in, $7k surcharge fees, 2013 Kia with 90k miles, out the door cost $300k with $700/ month for 6000000 months Deal! Comment from : @BlackYellow07 |
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Thank you! You really give a really good advice! I’m so glad that I came upon your YouTube I know I always had been getting ripped off all these time I used to tell the sale guy I’m putting $20k down right at the beginning😩 Comment from : @CJ-gi7iv |
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ill pull out the laws that they are violating and tell them if they want me to have a field day in court with them Comment from : @Dannysphotography |
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I love Chevy, but chevy don't like me Every chevy dealership in town (and I live in a big county We have about 9 dealerships) has refused to sell me a car because I don't want to buy the dealership add-ons Comment from : @martinzuniga6605 |
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When should I let them run my credit Comment from : @lifeofdariustheinfluencer1894 |
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I'm buying a car tmro for 20,340 and my plan was to put 8 GS down is that a bad idea? Comment from : @brandenjohnson2980 |
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I’m learning so much Comment from : @Gamesnfame |
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Never ever trust a man in a suit especially if he has glasses car sales men are sharks🤕🤕🤕 Comment from : @mohammadayub2760 |
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Comment from : @rickdick1069 |
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What you're saying is that car dealers are scheisters and have mastered the art of taking advantage of the buyer Comment from : @matthewjackson9615 |
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3:08 - Banks reward dealerships when they use their bank They reward dealerships even more when you have bigger down payment LTV brWhat does Members 1st look at?br• JD Powers and associates - retail and clean trade inbr• Black Book - retail and wholesalebr• Kelly Blue Book -brbrLet me see the bottom linebrIf I agree I'll be ready to put $3500 as a down payment and see competitive prices Comment from : @DairangerSentai7 |
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Nooooooooooooo ay person like me whit no freaking knowledge or bearly half of the stuff went thru my head n out man I shouldn't drop out of high school Comment from : @yourmomhouse6372 |
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You guys are hilarious Comment from : @jasonmcsweeney8143 |
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Looked for your cheat sheet described in this video on your web page and it is not there Comment from : @jamesmcnichol3908 |
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