SHOPSMART AUTOS CUSTOMER INFORMATION – AUGUST 20. 2020
SHOPSMART AUTOS CUSTOMER INFORMATION – AUGUST 20. 2020 4 red flags to watch out for when buying a car 1. A price too good to be true Everyone wants to score a deal, but if you’ve done the research, and the car is dramatically underpriced, you should be a little skeptical. There’s one common car scam that consumer advocacy organization the National Consumers League flags as particularly egregious. A seller will post a listing for a vehicle, typically a classic or luxury car, that is priced way below market value. When an interested buyer contacts the purported seller, they’re told the car is outside the country, but that it can be shipped to the U.S. if the buyer wires the money. Once the buyer sends the money, the seller disappears. 2. No upfront pricingNot only should you be wary of sellers who price too low, you should also stay away from sellers or even car dealers who won’t disclose the price upfront. If a dealer won’t offer a price quote via email, or if the salesperson responds only to say you should come into the dealership for a quote, it’s time to find one who will commit to a price in advance. 3. Unnecessary extras Take the time to dig into the extra options a salesperson may offer. For example, some dealers will try to upsell you with add-ons such corrosion protection, paint sealant, fabric protection, and window etching of the vehicle ID number. Also don’t be surprised if the car salesperson tried to sell you an extended warranty. But Consumer Reports says these aren’t necessary on a car with a good reliability record. In fact, 55% of owners who purchased an extended warranty didn’t use it for repairs during the lifetime of the policy, according to a survey from the publication. On average, consumers spent about $1,200 for the extra coverage. 4. An unauthorized seller If you’re purchasing a vehicle from a private seller, you need to make sure they actually own it and have the title document. Sounds pretty straightforward, but it’s the single biggest verification step buyers need to do. If they don’t have the title document, they might be selling their ex-wife’s car against her will. They might be selling a stolen vehicle, or they may be trying to sell a vehicle they don’t own because the bank owns it. It’s crazy how good these fraudsters are. When you meet with the seller to see the car, have the meeting in-person and ask to see their driver’s license and a second form of photo ID, such as a passport. Check that the name matches the title document and that the seller matches the photos on the IDs. If something seems off, walk away. The truth is that there are a ton of great cars out there today. You just need to make sure you do the research in order to find the right one. Make It A Champion Day! Brandon Hardison
Champion Strategies
For further Information contact brandon@shopsmartautos.com
or brandonhardisoncpo5@gmail.com
Tags: 2019 Subaru Forester Touring, 2020 Chevrolet Suburban, 2020 dodge charger, 2020 EQC, 2020 Ford Super Duty, 2020 Honda Pilot, 2020 Kia Optima, 2020 Kia Soul, 2020 Lincoln Aviator, Chevrolet Car
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