It's actually better for the dealer if the customer puts down as little as possible to just get the deal financed using a captive lender. That's more interest over the life of the loan and the dealer will always try to sneak in interest points above and beyond what the lender is already approving the customer for, that's money that goes into the dealer's pocket.
i had to take one to court. brakes failed on the dyno rollers for the inspection sticker ...almost injured the mechanic. he STILL tried to give me a "storage" fee!!! magistrate told him he could yank his license (pegasus auto , salem , ma)
@@Theplug926 funny you say that , I got fired cause of Indian customers. But they were not exactly lying, they came in wanting to only test drive 3 cars to go buy brand new ones, they told me that. I refused to help them, it happened twice and I got fired over it. If you care to know, it was back when used cars with 20 or 30k miles were almost the same price as new one. Particularly Japanese sedans
😂😂😂😂😂💀 The accuracy is creepy! I've probably said it a thousand times already but I love these car salesman skits 💯 "20g's down!? Oh you gone get in a car today!" 😂
As a customer i got my own bag of tricks. awkward eye contact, and laughing at random times is just the start. Make em show you 5 or 6 cars to shake off the spiff cars they wanna get rid of. Stretch out the sale with inapropiate stories, not dirty just off topic. Anything you can think of to make them uncomfortable. Works for me every time. Plus get pre approval from your own bank before you talk finance and then call your bank when your in the finance office. Heck when most people pull in to a car lot the sales guys come a runnin, when i go there they go back inside.
Never talk finances outside of the finance office. Your goal with the sales person is to agree on a sales price. Once you agree on that then you discuss any downpayment, trade, etc., with the finance manager. Granted, some dealers don’t like that and would refuse to engage in negotiations until you disclose how much money you plan to put down. That’s when you as the customer have the right to get up and leave.
@@usr21882 I’m not sure if your parents ever taught you this, but it’s okay to engage in conversations with people and have disagreements without resorting to insult. Just fyi in case you’ve never heard that one before.
@RagdollGG the other rule is to get the salesman to give you a number before meeting with the financial advisor. All you want the sales person to do is give you a number and then you don't budge on it with the financial manager. And if the financial person wants to bump it up for whatever reason you leave 🤷🏽♂️
Man you got to do a video of the UFC fighters when they go to their corner. For some reason everytime I watch UFC, I am thinking of you messing with that conversation fighters have with their coaches. 😅
I'm pushing 40 and have never bought a brand new vehicle in my life. Even after 10 years in the military and multiple deployments. I like older vehicles. I like my vehicles where I can work on them myself, parts are cheaper and the vehicles aren't full of bs and unnecessary censors/ bell's and whistles. Depending on what you like, you can own two or more classic vehicles for what you would pay for a brand new vehicle today.
💯 My type of man. I've always been blessed to have been able to buy my vehicles, I refuse to mess around with those dealerships. I'm pushing 40 too 😩😞 I love the wisdom I have tho 🥰
I bought a brand new vehicle ONCE. Then I realized I still have to spend pretty much the same on maintenance expenses as a car that's 2-5 yrs older, depending on the make/model. And the slightly used vehicle is a lot cheaper.
@@baddriversofthenorcalarea500 Those "new" censors have no bearing on whether my life will be saved or not when today's drivers have their faces glued to their cellphones. My head is already on a swivel and anticipate people's actions. Most on the road are so self important. Constantly running "What if" scenarios in my head has kept me alive this long. I feel I've already lived 3 lives in just this one with the things I have experienced. Paranoia was probably the best thing I received from War. If it's my time to go, then so be it. I'm at peace.
So I went to a Jeep dealer years ago and this guy was trying to sell me on extended warranties for the car and service before even telling me how much the car cost. He got up at least 5 times to go talk to the manager to try and get me a deal - I finally got fed up and walked out on him while he was in his bosses office. When he called me, I just told him to go sell the car to his manager since apparently talking to him was the priority and that if he really needed to run every single thing through the boss that his boss could just have come out of his office and told me things directly vs having a clueless middleman.
This is why I've paid cash in full for the two vehicles I've owned so far. There are times you can get a discount by paying in full, but alot of dealerships want you to get a loan from their finance department, because they make interest off of it. They may not like it, but there is no law saying you can't pay in full. I understand not everyone can pay for a vehicle in full, so do your research and see what they offer and take your time doing so. Most of the time these guys just want to get you in that car and get their cut just as he portrays here.
Basically what my dad did and accidentally ingrained in me. He has owned 8 cars in his life and all of which he bought in full whether it was his first rebuilt camaro or the new honda he got my mom couple years ago. Always all cash in full. 2 cars ive had I bought in full.. both kind of old junk cause thats all i can afford as far as a full 1 time payment but eh, it works for us
@@kylequintana there are some differences and there are more reputable and transparent dealerships (I work for one currently), but there are dealerships with vile business practices (I've worked for those, too)
Never, ever, ever buy an extended warranty on anything. Odds are you won't use it and if you have to, they will do everything they can to not honor it. It's a losing bet. You're better off taking that extra money and saving it in the bank against a future repair or replacement.
These skits invoke emotions whether good bad or indifferent. Right now I am pissed as if I'm watching a real salesman in action with his scamming ass. 🤣
Keep these car scamsmen videos coming these are good. I love watching these and thinking how realistic this is. Believe me some of them are GOOD, I know I’ve been duped.
The two times I been car shopping, when it comes to start doing paperwork they are like okay so sign the paper so we can run your credit and I’m like “lmao I’m pre-approved with my credit union” and they gave me the death stare and they are like “we can do better financing I’m sure” And I’m like “I doubt you can do 2.8% interest with my 680 credit score” and anothe death stare lol
Never tell them you are pre approved or are paying cash. You’ll get your best deal if they think you are financing through them. You can always close the deal with their financing at 61 months or more and just refinance with your credit union or pay it off with cash.
How to buy a car 1. Know what you want a research 2. Find multiple dealerships that have a vehicle that meets your requirements 3. Get pre approved at a credit union 4. Go to the dealer dictate your terms (but be realistic) and if they don’t agree show them you can get the same vehicle at 4 other lots and walk away
Now do one, where you’re training their service managers. “I don’t care if you find a temperature sensor unplugged! You hit ‘em over the head for 5 hours, for a diagnostic and rebuild!”
FICO>Credit Karma, that's how you know you're good. I always bought new factory vehicles, never used, and never had to pay any money down only trade in my current ones for down payments. The FICO score comes in clutch always..... Also worth mentioning Mopar's making money because most ones nowadays have problems after 50k miles, Toyota and Honda dealerships are a one and done kind of deal since their vehicles are high quality machines.
Buying brand new cars on payments which means you can’t afford it is not a way of building wealth. You’re paying to impress people at red lights that you’ll never meet when you could get a car much cheaper that’s 5 years old and pay cash for it. I could buy a brand new car in cash but I drive a 7 year old Nissan altima that’s given me absolutely no problems and is perfectly comfortable
They love the high interest rates and in-house financing on people with bad credit because they just repo it after they've gone a year or two and start missing payments. Take the down payment and other payments and pocket those, sell off the car and still turn a nice little profit.
True. When I went in to get a mustang they were iffy about it until I told em I had 32k down payment ready to go. They started to get real nice really quickly afterwards 😂😂😂
@@desmondjenkins7361 take your time to learn the art of selling. It’s an art and skill that you have to continue to build upon. You’ll do great ! Btw I’m at Johnson Hyundai of Cary
How did you get the tape of our training from our dealership?? Cuz this shit was pretty damn close to everything I learned as a salesman at our dealership in California 😂😂😂
