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  #1  
Old 07-02-2008, 12:22 PM
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6 things never to tell a car salesman

In a car-buying transaction, even the nicest, most honest car salesman has interests that are very different from yours.

He's paid to sell you what his dealership has at as large a profit as possible. The better he does that, the more he, and the dealereship, make.

You, on the other hand, want the best car you can get at the best price you can get.

Welcome to capitalism. At some point, you have to negotiate those conflicting interests. As in all negotiations, there are certain things you definitely shouldn't let slip.

Working with Phil Reed, consumer advice editor at Edmunds.com, we boiled down the six things you least want to say when you're shopping for a car.

1. I love, love, love this car
Even if a car has your heartstrings in a white-knuckled stranglehold, never let on. Stay calm and pretend you're looking over a microwave oven.

By admitting that you're smitten, you've given a salesman - and the sales manager and everyone else in the process - the combination to your personal safe.

The salesman will, of course, sympathize and want to help you out. But he'll tell you the sales manager, you see, well... That's a really hot car and we had someone in here just the other day and... He just won't take less than...

They know you're not about to walk away. Bottom line: Cars you're not in love with are usually a lot cheaper.

2. I need to get a car by tomorrow
If there's anything worse than being in love, it's being in desperate need. Letting on that you need a set of wheels immediately is, basically, telling the salesman "I won't be thinking too much about any of this."

He knows you won't be looking to closely at the particulars of the deal and you aren't likely to drive across town to try to get a better price.

It also means you're more likely to accept whatever he shows you from the dealership's inventory even if it doesn't exactly suit you. In other words, you may be presenting yourself as an opportunity to unload a bit of slow-moving inventory.

Even if you really do need a car quickly, act like you have a month to decide. But you would consider buying today if you found a car that really pleases you at a price you like.

3. I need a monthly payment of...
It's understandable that many car shoppers are "payment shoppers." Most of us have no idea how much car we can afford except by looking at how much it would cost us each month.

But saying "I want a payment of less than $350 a month" is like going into a box store and asking for a two-inch box. You'll notice that some dimensions are missing. You could end up with a box that's 12 feet long.

Almost any given monthly payment is possible provided the loan is long enough and the downpayment is big enough. Over the course of, say, seven years, $350 a month can add up to a lot more than $350 a month for three or four years.

To understand how much car you can really afford, you need more than a monthly payment figure. Know what monthly payment you want, for how long and how much you want to pay up front. You also need a fairly good idea of what your trade-in is worth.

To keep it really simple, just figure out what price you can afford for the car -based on your monthly budget and trade-in value - and negotiate that one big number. Talk about downpayment and monthly payment and negotiate the value of your trade-in after that.

4. My trade-in's outside
A salesperson will usually want to know, early on, if you have a vehicle to trade in. If you tell him that you do and that it's parked, conveniently, right outside, he'll ask you for the keys.

That way the used car manager can assess its value while you're negotiating. It'll save time.

Well, he has a point there. But consider the downsides. You've just handed the salesperson your car keys and he's given them off to someone else.

Guess what's going to happen if you reach an impasse in the negotiations and decide it's time to leave. You'll have to ask for you car keys back. And, odds are good, they will have been misplaced.

You'll be negotiating a while longer.

5. I don't know anything about leasing
Even if you're never going to lease a car, you need to know about leasing, if only to know exactly why you're never going to lease a car.

That's because there's a good chance someone will try to sell you on the idea. And they might be right. It could be a good choice for you. But it probably isn't.

First of all, leasing makes sense only for people who know - really know - they will not be keeping a car for more than a few years.

Beyond that, you need to understand the terminology and costs of leasing beyond the monthly payments, the number salesperson will focus on. You need to know how many miles are included in the lease and if there's additional money you need to pay up front or at the close of the lease.

6. My credit's a little spotty
Many people underestimate their own credit rating - and they're the people who are big moneymakers for car dealers. Part of the interest you pay is shared with the dealership, so they might be pleased to confirm your belief that you don't qualify for a low interest rate.

To make sure you're getting the best financing deal, secure your own financing before you start shopping. Having another loan in place - one you can use if you don't like what the dealership is offering - gives you negotiating power. It also lets you know exactly what you qualify for.

In most cases, a dealership's finance office - working with a manufacturer-affiliated auto financing company - should be able to get you a more-than-competitive rate.
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  #2  
Old 07-02-2008, 02:13 PM
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They missed the big one:

"This is my first time buying a car."
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  #3  
Old 07-03-2008, 09:44 PM
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I was looking at RX8's a couple of days ago and the salesman (salesman #1) pointed me to a MS3 instead and said it was AWD. Obviously proved him wrong by pointing out quite a few things. Another salesman (salesman #2) came and said I was right.

Salesman #1 finally pointed me to a 2005 RX8 with low mileage. A demo car. Salesman #1 refused to give me the keys and insists on telling me it has a dead battery. He told me and my mom that he needs us to show them (the dealership) that we are serious buyers (by giving him all of our info and for them to check my mom's credit out) so the dealership can "spend cash on a new battery for a serious customer".

He lost interest after I said "We're here to search for an RX8. We're obviously here for you guys (the dealer) to meet our demands. We're not here to meet your demands. If you can't do a simple thing like take a random battery from any of these cars on the lot and crank the RX8 up with it, then you guys don't meet our demands". We obviously have the means to buy the car so my mother wouldnt be afraid of showing them her credit score if they met our demands.

We even had the Infiniti parked outside of the lot and the salesmen asked us if we wanted to trade it in for a new car. We said "No, we just want a new car".


I've always wondered if it's a good thing to correct and outsmart a salesman. Always thought 99.9% of salesmen are retards. Salesman #3 from the dealer had the nerve to tell me with his fist in front of him, "THIS IS A HAMMER!". I replied with a smart ass comment, "Too bad it's not working too well".
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Old 07-03-2008, 09:52 PM
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That's probably why they didn't waste their time talking to you.
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Old 07-11-2008, 04:41 PM
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Originally Posted by Say No To Pistons View Post
I've always wondered if it's a good thing to correct and outsmart a salesman.
Same here. I went to pick up some parts at the Mazda dealership and on the way in I decided to look at the new RX-8's that were in the lot. I saw a nice Shinka Edition and walked up and opened the door to look inside. The salesman walks up and we start talking for a bit and he tells me "yeah this car comes with turbo". I find myself at a crossroads. Do I tell this guy what's up and make him feel dumb, but in the process save a few potential buyers the misfortune of thinking their new car has a turbo? Or just say nothing? I did the latter and since I seemed like a nice guy and did not give him crap he gave me a free oil change coupon.
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Old 07-12-2008, 08:29 AM
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I actually like mis-leading a saleman. As I always do all research online before I go look at a car at a dealership. I like to make him think they know wayyyy more than I do about the car. Get them rambling on, then usually turn the tides and show THEM that I know substantially more. But I do loathe dealerships and how they work.
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Old 07-12-2008, 03:49 PM
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I always say "Im just looking" and end it at that. I bought a car at a dealership in 2001, wont do that again.
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Old 07-12-2008, 07:10 PM
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#4 got me once. Took me an extra hour and a half to get out, the sales guy kept going to the managers office to get my keys and always came back with "could you just stay for a few more minutes he just trying to work the numbers a little better"
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Old 08-10-2008, 11:20 AM
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I've never traded a car in so had NO idea about #4. The other one's are pretty obvious. Just don't give them any more information than they need, I find works best.
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Old 08-14-2008, 07:37 PM
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Quote:
Originally Posted by satanicmechanic View Post
The salesman walks up and we start talking for a bit and he tells me "yeah this car comes with turbo". I find myself at a crossroads. Do I tell this guy what's up and make him feel dumb, but in the process save a few potential buyers the misfortune of thinking their new car has a turbo? Or just say nothing?
This happened to me once when I went with a friend to look at a mustang in the used car lot of the Mazda dealership. He said it was factory turbo'd. I told him no rx-8's were that I was aware of. He said it was. He popped the hood, and sure as shit, there was a turbo. He said Mazda sent out and had it done. I don't know the details on it really, but it didn't look like a quality job, and had no boost gauge or anything. I was contemplating it, and he obviously was pushing me to get it, but when it didn't start up I immediately walked away.
He probably knew the engine was toast. I don't like how sneaky they are
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