Why Americans Buy Cars From Dealerships

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CNBC

CNBC

3 роки тому

Buying cars often feels like an anxiety-inducing ordeal that can last hours. Car dealers now face their challenges, including a consolidating dealership landscape, tight competition, and threats from new business models promoting contactless virtual transactions during the COVID-19 outbreaks. To survive, it looks like dealers will have to keep up and find ways to accommodate buyers with significant overhauls to the car dealership experience; some experts say the way we buy cars is changing forever.
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Why Americans Hate Shopping For Cars At Dealerships

КОМЕНТАРІ: 4 600
@Mich_-mu7fz
@Mich_-mu7fz 3 роки тому
Thumbnail: "Why do Americans Hate Car Dealerships" Title: "Why do Americans Buy Cars From Dealerships" WTF
@LouisSubearth
@LouisSubearth 3 роки тому
Americans need cars because sprawl and lack of political will made public transportation inaccessible outside big cities but people hate the shady practices that dealerships engage in with customers. This was too long and those two titles convey this message a lot better.
@__Paul__
@__Paul__ 3 роки тому
@@LouisSubearth Unless you live in NYC or San Francisco and you never need to go anywhere else outside your metro area, then Americans need cars to travel. Cars are absolutely essential when major cities are far apart, as well as in a country the size, geography of the U.S. Beyond situations where certain people stay in a metro area and never go anywhere else, it is untenable to replace vehicles on a grand scale with public transportation. Just look at areas like Dallas or Houston. The metro areas are just too massive for public transportation to completely replace cars. There would have to be an enormous number of hubs in a dizzying web of routes, not to mention the construction costs and the time it would take. The United States is a large country, but its population density is not like Japan, China, and is much larger than European countries, that are very interconnected with each other with much smaller distances between population centers. For public transportation to replace cars to even make a dent in the number of cars, the U.S. would also need high speed rail. However, this has proven to be impractical and too expensive to implement. Just look at California: They have tried for many many years to implement high speed rail from San Francisco to Los Angeles. It sounds like a great idea on paper, but in reality, it was a disaster. California was awarded $13 BILLION between both federal and state bonds. However, after discovering how difficult the project was going to be, California tried to reduce the scale of the project, and only have a route that would be half of what the promised, and at the same time, provided later estimates that the project could actually cost as much as $77 BILLION. Because of this major underestimation of construction needs, costs, and time, the federal government had no choice to cancel the remaining $929 million. Keep in mind, that this was a project that was JUST for a route between San Francisco to Los Angeles. Just image the time and costs it would be for public transportation to and from major cities in different states, then try and image what it would take for just ONE route that could go to and from the West Coast and East Coast, and you can clearly see why public transportation is inaccessible outside big cities. Another major factor to consider is American values. Americans enjoy freedom, which also includes the freedom to hop into a car and drive anywhere you want, when you want, as well as travel to any of the numerous large state and national parks and wilderness areas. In Europe, there are numerous countries, but they are very small and close together. Major cities are also much closer together. All of this makes it much more conducive for public transportation in between major cities, whereas in countries like the U.S., it is completely different.
@aaronstone6183
@aaronstone6183 3 роки тому
That's why cnbc is called as schrodinger News channel.
@g_webb21
@g_webb21 3 роки тому
@@__Paul__ to be fair, you can normally travel between all of the european union countries (correct me if Im wrong) without getting stopped at the borders.
@__Paul__
@__Paul__ 3 роки тому
@@g_webb21 I wasn't implying that when in a European country that you are stuck. It is just that there are much larger highways, open roads, and much greater distances between major metro hubs in the U.S. than in Europe. Because of this, the U.S. is much more dependent on cars, and always will be. It also greatly enhances the sense of mobility and freedom while on the roads. All of it is also deeply embedded in American culture and values. Whereas, in Europe, you have much smaller, more narrow roads, more confinement of tight spaces, etc., but it also has the advantage of making public transportation options with buses, trains, high-speed rail, etc. much more feasible and practical. As a result, Europeans tend to be more focused on getting from point A to point B, whereas in the U.S., HOW you get from point A to point B is equally important.
@jermainemyrn19
@jermainemyrn19 3 роки тому
I feel scammed as soon as I walk in
@GS.9093_Mart
@GS.9093_Mart 3 роки тому
Bought my first car back in 2015. It was a 2012 honda civic lx. Cash price was 12,700$. I financed it and Gave 4k down and somehow the total balanced due was around 20k. So the 12,700$ car ended up costing around 24k. I was 20 yrs old and was too excited to even pay attention to the details and didnt even understand how interest rate worked. NEVER AGAIN!!! please buy used and pay cash people! Dave Ramsey is right about cars.
@bsherman8236
@bsherman8236 2 роки тому
@@GS.9093_Mart lol rip
@atlshoota
@atlshoota 2 роки тому
@@GS.9093_Mart damn ur interest rate must’ve been 30%
@david_dor
@david_dor 2 роки тому
@@GS.9093_Mart live and learn.
@murtazashajapurwala
@murtazashajapurwala 2 роки тому
@@GS.9093_Mart Damn man....you almost paid the double.....they ripped you hard
@freddytang2128
@freddytang2128 2 роки тому
My first year business prof told us “when you buy a car, the salesperson will ask you about your last car or driving habits. You think they’re being friendly and making conversation, but they’re actually gauging how informed you are so they know how much they can rip you off”
@luccianoblock5127
@luccianoblock5127 Рік тому
I thought this was common sense
@approx4ft
@approx4ft Рік тому
@@luccianoblock5127 common sense is learned
@luccianoblock5127
@luccianoblock5127 Рік тому
@@approx4ft yea that's about right
@99blade6
@99blade6 Рік тому
Incorrect, we ask you so we can know which inventory to show you that will fit your needs and wants.
@VegetaThoughts
@VegetaThoughts 10 місяців тому
Where are y’all buying cars
@nevrock1
@nevrock1 2 роки тому
A car salesman told me, “a hybrid can go forever with no gas because the wheels charge the battery and the battery turns the wheels” and he was dead serious too - a perpetual motion machine. This experience was in Elizabeth City, NC in 2006.
@jumbomuffin1316
@jumbomuffin1316 Рік тому
Bruh 🤣 “forever”
@BangBang-hk4rg
@BangBang-hk4rg 10 місяців тому
I’ll take it! 🤣
@joemckim1183
@joemckim1183 10 місяців тому
I'm sure hybrids rarely need gas if you never drive faster than 30 mph.
@nevrock1
@nevrock1 10 місяців тому
@@joemckim1183 all cars need less fuel if they drive less than 30 mph.
@pktdbgnzwl
@pktdbgnzwl 9 місяців тому
😅
@Mr-Chris
@Mr-Chris 3 роки тому
I walked away when I got to Financing. The Dealer was charging me a "Recondition Fee" of $3,000 that they kept hidden until I went to Financing. I feel like Financing people at the dealer are worse than Sales people. They try to rush me into signing and enticed me by having my car being cleaned and prepared right outside the Financing window, they even moved my kids car seats out of my old car into the new one. They got very upset with me that I wouldn't agree to pay the Recondition Fee. I made them give me my old car back and take my kids car seats out and walked away. My advice, don't be afraid to offend people when it comes to your money. I have awesome Credit, but I needed a Minivan ASAP. I ended up getting a great deal at another dealer a week later by getting preapproved financing through my bank and only presenting my preapproval after I negotiated the price. I pretty much walked in and out. Finance guy didn't even try to upsell me on anything.
@rext8949
@rext8949 3 роки тому
"Don't be afraid to offend people " is a great piece of advice anywhere and anytime.
@Seckoa
@Seckoa 3 роки тому
@@rext8949 unless you are in a fast food drive thru...
@fatihguner4041
@fatihguner4041 3 роки тому
Why are they putting old car seats in a new one? Isn't that opposes to having a new one feeling.
@Mr-Chris
@Mr-Chris 3 роки тому
@@fatihguner4041 "carseats" is what I call the removal safety seat that small children sit in a vehicle.
@Kashif_Javaid
@Kashif_Javaid 3 роки тому
What the hell is reconditioned fee?
@teraengineering8239
@teraengineering8239 3 роки тому
Nobody buys a car because of the salesperson, but rather in spite of the sales staff.
@christiebelle1972
@christiebelle1972 3 роки тому
💯
@noulongmoua5438
@noulongmoua5438 3 роки тому
Not the sales guys, but the manager who push the extra stuff. Then the finance guys who spin the finance stuff to someone who would just say, yea what the month payment and where do i sign so i can leave.
@IDIturboDiesel
@IDIturboDiesel 3 роки тому
I avoided dealerships altogether and buy used from private sellers.
@theninethrees8044
@theninethrees8044 3 роки тому
You’re so wrong lol you clearly haven’t been on both sides.
@adamc.7795
@adamc.7795 3 роки тому
VW has the weirdest way to get a warranty I said forget it. They wanted me to pay $1,100 up front for a basic warranty and pay that much each year when I approached the dealership about it a couple years ago. What a joke. Yet new cars today come with longer warranties.
@ChristopheLimpalair
@ChristopheLimpalair 4 місяці тому
In 2018, we went to the dealership to get a new car for my wife. Their financing guy came at us with a very high interest rate for the time. So I told them "never mind about the financing, we'll be paying cash." The guy responded back with "why would you want to do that?" and I said "because these interest rates are absurd." He *immediately* responded back with "well great news! I was actually able to find a lower rate for you guys" and dropped the interest rate by 2%! He didn't even bother pretending by walking to the back. He already had the 2nd offer printed and ready in case we would fight back. So many people don't know to negotiate or that they even can. It's predatory and disgusting.
@redfuryfive6616
@redfuryfive6616 2 роки тому
After working at a car dealership I’m definitely just buying online from now on. Hard to support the industry after working in it honestly. Literally everything negative that the video says about car dealerships is just about 99% correct. I remember seeing employees calling their customer an idiot and a sucker while going out to take their money. Couldn’t stand the environment.
@pholland8353
@pholland8353 2 роки тому
How many dealerships did you work for?
@Nissanboiii
@Nissanboiii 2 роки тому
I had the same experience working at a dealer.
@joeking433
@joeking433 2 роки тому
I don't believe you ever worked at a car dealership.
@joeking433
@joeking433 2 роки тому
@@xavierkoolat6926 Get a life.
@redfuryfive6616
@redfuryfive6616 2 роки тому
@@xavierkoolat6926 I'm telling you as a car salesman for 9 months. The video is unfortunately accurate. But you can blame a news station like a political news nut I guess.
@SaltySparrow
@SaltySparrow 3 роки тому
The last time I bought a car I spent 6 hours there. They're literally wearing you down. Its awful.
@hrisikeshbhattacharya5467
@hrisikeshbhattacharya5467 3 роки тому
Only today I found out American car dealers aren’t owned by the brand. I recently bought a luxury car in India and when we told them our budget, not once did they ask us to go above it. This is in India. You can even ask them to drive the cars you’re interested to your home. And once you book it, you get a new car from the factory
@korswe
@korswe 3 роки тому
Only six hours? That’s a piece of cake. I actually try to make an entire day out of it. I made a sport out of it by saying,, “I’ll think about it”, “I respectfully disagree,” “I don’t understand these fees.”
@ACT1O1
@ACT1O1 3 роки тому
I never bought a car from a dealer ship before.
@Alamaric
@Alamaric 3 роки тому
@JNightlife Not true.
@Alamaric
@Alamaric 3 роки тому
@UFB-NFW X Just do not give them your keys.
@Sanginius23
@Sanginius23 3 роки тому
When you buy a brand new Volkswagen in Germany, you can go to Wolfsburg (Home of Volkswagen), spend a day or Weekend in Autowelt (Carworld), a kind of Themenpark and also visit the largest car factory in the world. You can watch your car gets build in front of your eyes and drive it out of the factory. Amazing experience
@olfrygt
@olfrygt 3 роки тому
Which has nothing to do with the dealership network. Because Volkswagen won't sell Joe Shmo a new car directly in Germany, either. Not even at Autostadt (which it is actually called).
@hectorcarcamo9681
@hectorcarcamo9681 3 роки тому
Yes but they do also have a dealership that’s only if you ask for that kind of experience but they do also have dealership so stop telling people that you can buy your vehicle directly from factory you still got to place your order through a Volkswagen dealership stupid get the info right
@Casskario
@Casskario 2 роки тому
@@hectorcarcamo9681 what about the dealerships that’s are owned by the car company ? When you buy a Porsche in Zuffenhausen it is basically directly from the car company😅
@hectorcarcamo9681
@hectorcarcamo9681 2 роки тому
@@Casskario and yes you are right but that’s only in Germany you can order and take delivery from the factory you can also buy a vehicle here in America and ask for European deliver but don’t make it sound like like we r the worst ( sales. People) from this industry Not all Sales people r the same
@ogerpinata1703
@ogerpinata1703 2 роки тому
@@olfrygt Well yes but actually no. Every individual car brand here has show rooms for their cars and you can custom order...
@TheJMBon
@TheJMBon 3 роки тому
I loved it the last time when we bought my wifes Rav4. I went at the end of the month when they were scrambling to meet quotas, talked them down from $32k to 28k. Then got them to agree to price match Carvana which was $24k for the exact same make, model, color and gadgets. Then, after some back and forth, got them to give us $8k for her old Civic that KBB valued at $6500. They hesitated at the end so I got up, told them I'd take my money elsewhere and that not only do they have to compete with other dealers for my money, they now have to compete with companies like Carvana. The seller got up to go talk to his manager and I stopped him and said, "I'm walking out that door and you have 15 minutes to call me. If I don't hear from you, I'm assuming you don't want my business." They called 5 minutes later abd agreed. I told my wife, "The key to any negotiation is you have to be willing to walk out at any time. The second you are unwilling to do that, the other party has control of the negotiation and terms."
@freshencounter
@freshencounter 2 роки тому
Beautiful!!!
@anijp9275
@anijp9275 2 роки тому
LMFAO YOU GOT RIPPED OFF IM SURE TELL ME HOW MUCH AT THE END WHEN YOU MAKE THAT PAYMENT YOU WILL BE PAYING TELL ME WHAT YEAR MODEL MILEAGE OFF THE RAV4? CARVANA IS AN OVERPRICED BS DEALER LIKE EVERY OTHER ONE OUT THERE !SO ILL WAIT FOR YOU TO TELL ME?
@xtaticsr2041
@xtaticsr2041 2 роки тому
@@anijp9275 Yeah Carvana having the same car at 8k less than it’s supposed price sounds impossible. They are selling 10 year old Corollas for 16k.
@KNByam
@KNByam 2 роки тому
Well said. Never give the upper hand away. Remember they need you, you really don't need them.
@hearditfirst8010
@hearditfirst8010 4 місяці тому
Leverage goes to he who has the least to lose in a deal
@regularguyreviews3048
@regularguyreviews3048 2 роки тому
I worked as a car sales person from 1999-2020 and I can tell you it’s a very oppressing environment . I still have nightmares about working at a dealership . I would rather pick up dog poop or sweep the streets then go back. I can’t even drive by a dealership without getting a sick feeling in my stomach , that’s how bad those places were in my life.
@Silver77cyn
@Silver77cyn 7 місяців тому
Damn, that bad.
@addison2901
@addison2901 7 місяців тому
@@Silver77cynbut then you worked 20y so that mean you wer one of them riping ppl off
@Silver77cyn
@Silver77cyn 7 місяців тому
@@addison2901 I’ve never worked at a dealership.
@addison2901
@addison2901 5 місяців тому
@@Silver77cyn not you the person from this mean comment
@chessdad182
@chessdad182 3 роки тому
If I had to choose between going to a car dealership or the dentist, I would definitely pick the dentist.
@luisvilla799
@luisvilla799 3 роки тому
Well at least I wouldn't feel screwed over at dentist, well figurative speaking
@haicoai6269
@haicoai6269 3 роки тому
C yesukposts.info/have/v-deo/snZ7ZneFlnmLqWw.html
@frials4757
@frials4757 3 роки тому
I hope you get over your fear for the dentist soon!
@luisvilla799
@luisvilla799 3 роки тому
@🔴Warped🔴 lol awesome!!!
@optimusprimee
@optimusprimee 3 роки тому
Enter a car dealership or enter a Hot girl! Choose wisely.
@831Adventures
@831Adventures 3 роки тому
I hate going to the dealer. Feel like sharks swimming around at the dealer trying to take a bite of my wallets. Feel like I gets scam everytime I bought a car from dealer. And the process take forever.
@xjarheadjohnson
@xjarheadjohnson 3 роки тому
I have been bicycle commuting for over 20years; car-free for over 10years now. I estimate I save approximately $10K/year (give or take a couple K). My savings reflects this.
@arundhatiroychoudhury9952
@arundhatiroychoudhury9952 3 роки тому
0
@lalosoria
@lalosoria 3 роки тому
Get a Tesla instead
@mylesgray3470
@mylesgray3470 3 роки тому
I agree. I’m so fed up with it my plan is to either buy a new car at MSRP or buy private party cash. The used cars are always such a rip off. They offend have damage that was very poorly repaired that you don’t notice right away until the pain fades a bit. Private party cars usual are more obvious on repairs needed and a discount negotiated as a result.
@mylesgray3470
@mylesgray3470 3 роки тому
Troy J I used to be like you, but I toasted my knees. I miss the independence and the daily challenge. Now I drive a Prius to try and keep the air clean as possible for you all. Cheers!
@mosselyn5081
@mosselyn5081 2 роки тому
I paid cash for my last car, at a dealership with a (theoretical) "no price negotiation" policy, and I walked in knowing exactly which car I was buying, having selected from their online inventory. It STILL took me 2 hours to finalize the purchase. They just can't resist trying to sell you X, Y, & Z extra things. They even still made me fill out some financing paperwork. And they can get away with pretty much anything because your alternative options are so limited. I'd definitely rather go to a dentist.
@Matcroable
@Matcroable 2 роки тому
Getting financing outside of the dealer is 100% the way to go. Their whole model is to slip as much bs charges into the financing and only talk about monthly payments. This is how they all operate.
@xiaoka
@xiaoka 2 роки тому
Or don’t buy a car you can’t afford to buy outright.
@PascalGienger
@PascalGienger 10 місяців тому
@@xiaoka I did financing for a year not because I needed it but because I wanted to get more credit history. That is the other bad thing here, you need to take financing out to get credit history. I paid it off in cash after the 12. payment reported.
@throwback19841
@throwback19841 7 місяців тому
​@@PascalGienger yeah I got a car loan for a car I had cash in hand for for this specific reason. moved to the US 10 years ago, and when you do that you have zero credit regardless what you had in your last country. I moved from the UK where I had an 800+ credit rating from Experian, but they didn't care about that in the US. so car loan and 3 deposit backed credit cards it was...
@Princeof1000Enemies
@Princeof1000Enemies 7 місяців тому
True BUT you dont need to take out a car to do it. @@PascalGienger
@PascalGienger
@PascalGienger 7 місяців тому
@@Princeof1000Enemies True, And it was also very annoying, always ask for an allowance letter from the bank just to visit Canada. All the time. Back in Europe I could ta kea financed car to all EU countries for a trip plus Switzerland and Norway...
@brandonbennett1564
@brandonbennett1564 3 роки тому
I recently went to a car dealership and they cornered me in the corner of a office after I told them I was just looking and they were trying to force me to buy a vehicle way out of my price range. Then when I told them I could not afford it. They were bashing me on how come I didn't make more money. putting me down. This was a Ford dealership
@gm1258001
@gm1258001 3 роки тому
"come on, you can afford that payment if we do this for 96 months!!" --sales manager
@Inazarab
@Inazarab 3 роки тому
I would love to just order the car and have it show up like in Japan. I have bought three cars in my life and I have spent literally the entire day each time just sitting while the salesperson goes behind the desk to "talk to his manager." When he's really just in the back playing with his phone waiting for me to get annoyed so I will agree to his terms just to get out of there. It's a sleazy practice and to those who are unfamiliar with buying cars it may cost them a lot more then it needed to. My advice to people is give them your price, do NOT negotiate, and bring some headphones with you. Have them meet your price, if they really want to sell the car they'll give you your price. You will be there all day but you will get your price. Do not let the dealer talk you into buying anything except for the car itself. Thinking about it makes my blood boil.
@Joisthanger1
@Joisthanger1 3 роки тому
The Ford “death wobble” brings a whole new meaning to Found On the Road Dead.
@alexanderchenf1
@alexanderchenf1 3 роки тому
Inazarab You just walk. Go to a competitor. Let them call you.
@PorschefromAndrew
@PorschefromAndrew 3 роки тому
ya im sure that happened
@johnjay7822
@johnjay7822 3 роки тому
When your trade-in research says $10,000 - $12,000...but the mysterious "book" the dealer uses that no civilian eyes have ever seen says $3,000.
@haicoai6269
@haicoai6269 3 роки тому
D yesukposts.info/have/v-deo/snZ7ZneFlnmLqWw.html
@brianmatzen9617
@brianmatzen9617 3 роки тому
Well they can’t give you close to what it is worth but you also have the choice to sell it yourself
@juan125873a
@juan125873a 3 роки тому
Brian Matzen they shouldn’t call it “fair market value” of then bc that it is not. Kbb in itself is a sham
@RevengerReloaded
@RevengerReloaded 3 роки тому
That's a private selling price....dealerships aren't private parties. They always sell it it to you for way less than private party because they then have to resell it to somebody else. They need to make profit.
@johnjay7822
@johnjay7822 3 роки тому
Those are all fine answers. But guess what? I feel no better and I still hate dealerships.
@ivanaguilar8820
@ivanaguilar8820 3 роки тому
Funny how life is. When I was living paycheck to paycheck I dreamt of going to a dealership and getting a brand new car, now that I have an option to go buy a brand new one in cash I don’t want a new car. My 05 Subaru Impreza does just fine. Well maintained and clean 👍🏽 love not having a car payment, I’ll keep saving those stacks for our home 🙌🏽
@RiqqJ
@RiqqJ 2 роки тому
Read the room
@binarystar25
@binarystar25 2 роки тому
well you're lucky to have good taste in cars.
@tjjusten
@tjjusten 2 роки тому
how many miles does your subie have now?
@djbhe
@djbhe 2 роки тому
I'm happy with my 1998 Lexus GS 400 V8 with 232000 miles. No rust, leaks or rips on the seats and it still ride flawless better than any new car. I take care of the maintenance when needed and it takes care of me.
@seabass5297
@seabass5297 2 роки тому
@@RiqqJ ? Who hurt you
@thepenultimateninja5797
@thepenultimateninja5797 2 роки тому
I spent 10 hours over two days in a Kia dealership. They tried to get me to pay $425 over 72 months for a $10,000 car. When I went back with financing from my bank, they sold me the car, but it turned out they had lied to me about it being certified pre-owned, so I didn't have the warranty (which was the reason I bought a Kia in the first place). Kia corporate didn't give a hoot. When I tried to rectify the situation, the dealership no longer existed. It was still there, and all the employees were the same, but they were operating under a different name. I still have the car, and I love it, but I will never buy a Kia again.
@shivamx008
@shivamx008 11 місяців тому
Omg
@andresmattos7541
@andresmattos7541 8 місяців тому
This is not Kias fault, blame the dealer
@Blutgang
@Blutgang 3 роки тому
I was buying a car and agreed to the deal. Then when they were delivering the car they said the only one they were able to get had an option I hadnt picked or paid for. I would have to pay $400 extra. I said you'll just have to eat that cost or the deal was off. I got the car and they ate the loss. Yum.....I hate new car sales.
@BossItUp911
@BossItUp911 3 роки тому
Well keeping it 100, they already had margin where they ripped you off from somewhere else - at least as compared to what someone else was able to talk them down on. With that margin, they accepted the $400 cut here.
@LouisSubearth
@LouisSubearth 3 роки тому
Shrewd Negotiation skills: 100
@BodyDestruction
@BodyDestruction 3 роки тому
You didn't pay it now, but the maintenance on your car could suddenly become more expensive than usual...
@mscolli3
@mscolli3 3 роки тому
Achievement Unlocked.
@bubby716
@bubby716 3 роки тому
Worked in car sales. Trust me they wouldn’t sell the car unless they got you lol. Hate to break it to you, if you bought, you never won
@sumobowler3790
@sumobowler3790 3 роки тому
car dealerships do not sell cars, they sell financing. Dave Ramsey is 100% correct about money and personal finance
@Rafa-ln9bz
@Rafa-ln9bz 3 роки тому
A quick way to ruin their sale is to say you are buying the car in cash after you negotiated the price.
@shanewillbur1325
@shanewillbur1325 3 роки тому
@@Rafa-ln9bz I've done this. I love the face they make.
@Raegoul
@Raegoul 3 роки тому
@@Rafa-ln9bz I did this in March. They were so mad. Me: "Well, you didn't ask how I was paying. "
@Grasshopper.80
@Grasshopper.80 3 роки тому
This is the best comment on this video and extremely true. Like many things in the United States the product is just a tool to facilitate a loan.
@vickieclark5931
@vickieclark5931 3 роки тому
Yep. I follow Dave Ramsey. He is so right about not ever having a car payment. Take that money that you would pay for a car payment and put it in the bank. In 2-3 years you can buy a really reliable used car with cash and save yourself a lot of money.
@dodobeebee7352
@dodobeebee7352 3 роки тому
CARMAX: Come buy from us, we don't haggle, no stress involved at all! Also CARMAX: We charge $2,000 over KBB price
@hardcorecrypto6737
@hardcorecrypto6737 3 роки тому
Message on what -sapp
@hardcorecrypto6737
@hardcorecrypto6737 3 роки тому
For more info on how to invest on bitcoin and also guide you on steps to recover your lost funds on previous trade on crypto currency
@doxinator3560
@doxinator3560 2 роки тому
It's worth it.
@dodobeebee7352
@dodobeebee7352 2 роки тому
I'll take a day of stress if it saves me $2000 lol. Just gotta refactor your mental state. They want to see you a car more than you want to buy a car, really the buyer has them by the balls. Nitpick em' for a couple hours, pretend you don't like the car and you're probably gonna get at least $1k off their sticker price
@Joey856721
@Joey856721 2 роки тому
@@dodobeebee7352 maybe.
@Chrispy9393
@Chrispy9393 2 роки тому
I despise buying a new car. Regardless of how well I think I did, I always feel like I get screwed.
@dparks3784
@dparks3784 2 роки тому
I think that we are always screwed by the dealer we just aren't sure how.
@waterloo123100
@waterloo123100 2 місяці тому
I’ve had great experiences at the dealership. You screw yourself automatically by buying a new car.
@jammymancy8637
@jammymancy8637 3 роки тому
The thumbnail and title slightly contradict each other
@MusicGameFinatic999
@MusicGameFinatic999 3 роки тому
Came here to comment this
@1gr8chef123
@1gr8chef123 3 роки тому
very true!
@migueltichareva904
@migueltichareva904 3 роки тому
True I almost skipped the video
@haicoai6269
@haicoai6269 3 роки тому
F yesukposts.info/have/v-deo/snZ7ZneFlnmLqWw.html
@scullykid
@scullykid 3 роки тому
I was thoroughly confused by the two
@zxy880329
@zxy880329 3 роки тому
Why Americans buy from dealership ? simple, they are forced to do so. There is no other ways and it is the stupid law that forces manufactures to sell through dealerships. And it is the lack of laws around how dealership operates such as false and misleading advertising. Protect consumers and regulate dealership like retail banks. I am buying a Tesla not cause i like EV or how good they say they are, but only because I don't have to deal with dealership mobs. I get transparent pricing and I pay the same as every buyer does. I don't understand in 2020 why people still pay different prices for the same car? like wtf ? lol. I hope Tesla will lead a movement to get rid of the dealership mobs for all Americans.
@HusseyStars
@HusseyStars 3 роки тому
Just buy used cars
@dannysart3990
@dannysart3990 3 роки тому
@@HusseyStars Used cars are good if you buy them from old people, less wear and tear. But the Tesla model is the future.
@MaxPower-11
@MaxPower-11 3 роки тому
Unfortunately dealers have some of the strongest lobbying groups on the state level. They buy off the politicians to make sure the automakers stay bound to them forever.
@edkar7604
@edkar7604 3 роки тому
I like being a good negotiator.
@billybeemus3929
@billybeemus3929 3 роки тому
Tesla claims to make a 30% profit on every car they sell. Walk into any dealership and offer to pay a 30% markup and you will be treated like a king.
@ghostm4390
@ghostm4390 2 роки тому
5:15 Lowest level of honesty and ethics: Senators, Members of Congress and Car salespeople. Not a surprise there.
@DevonPixie1991
@DevonPixie1991 2 роки тому
I recently bought a new car. I live in the UK. I got to choose the colour, trim, and any extras. I was then told I’d have to wait 5 months… in the end there happened to be a car matching the spec save for the extras which we added at the time of delivery and it took 2 weeks. As a thank you the dealer gave me a full tank. And after someone keyed it within a week of me getting it they were so helpful in getting it repaired for me. They guided me through the whole thing with the body shop and reapplied the glaze for free
@orlandohernandez5221
@orlandohernandez5221 3 роки тому
I work at a dealership as a tech and purchased a car recently. Even though I knew most of the salesman, finance manager, and even used car manager, the process still made me feel anxious and nervous.
@B4bafett
@B4bafett 3 роки тому
Same, people I've known for years will launch into sales mode if I so much say I like a car. They just can't help it
@Urza26
@Urza26 3 роки тому
If you know most of them, seems unlikely that they will do anything but try and help you make the best purchase
@maxpax27
@maxpax27 3 роки тому
And they probably still screwed you!!!
@katherinemoffett1417
@katherinemoffett1417 3 роки тому
Doing research on the Auto Loan and Car Sale research in the USA is it a legal requirement that you have to provide multiple references. Can only get a loan through the dealership bank and have to provide your living situation(i.e. own, or rent a home)?
@dealershiptechtruth
@dealershiptechtruth 2 роки тому
You’re weak. I bought a half dozen cars from my dealer for cheaper than even the dealer gets them. Master Volvo tech here.
@billybbob18
@billybbob18 3 роки тому
In my opinion, cars should be sold by the factory directly. There should be no dealers, only delivery drivers. The delivery driver should be the only hand you shake in the transaction. That would make cars a lot cheaper.
@kingkota2302
@kingkota2302 3 роки тому
Facts it's 2020 and I just bought a 2015 it's was about 20,000 cheaper I'm the 2nd owner.
@mss627
@mss627 3 роки тому
No way I would purchase a car without a test drive.
@jamarbell1177
@jamarbell1177 3 роки тому
I would love for things to be that way.. seeing that I hate dealerships and I'm a truck driver
@jorgesalazar818
@jorgesalazar818 3 роки тому
@@mss627 rent the model for a week
@jj7958
@jj7958 3 роки тому
There are a lot of things like that where if they simplified processes, things would be cheaper. To them they probably don't wanna do that because it would eliminate jobs and a lot of money on the line for them.
@DannyElisha
@DannyElisha 2 роки тому
After experiencing the Tesla non-dealership sales experience, you'll never want to deal with traditional dealerships again. I actually had to go to a Honda dealership once, and it was like walking into a time machine and going back 20 years.
@victorursu5956
@victorursu5956 2 місяці тому
The same situation in Canada. Despite knowing exactly which car I came to buy and paying in cash, I was still held hostage for 3 hours, trying to sell me something I had no intention of buying. When they failed, they openly expressed contempt and displeasure towards me. I hope that someday it will be possible to buy any new car with just a few clicks online and receive the keys by mail.
@georgejaneiro4970
@georgejaneiro4970 3 роки тому
These scammy, up-selling dinosaur dealerships can't go extinct soon enough.
@DennisRay99
@DennisRay99 3 роки тому
Agreed
@jorgeneyravigo8836
@jorgeneyravigo8836 3 роки тому
As a car salesman myself can't wait either lol
@EC-ol8nz
@EC-ol8nz 2 роки тому
Ha! If you have a good trade in make them overvalue it and save on the tax difference 😁👍 The only reason to buy from a dealership... they want your clunker for the Used car department!
@draneym2003
@draneym2003 2 роки тому
Hey come on, they're just small business owners serving the community and money has nothing to do with it.
@blackmesa232323
@blackmesa232323 2 роки тому
@@draneym2003 Their small business inflate prices of goods that most Americans need to commute. Buy direct from manufacturers and cut out the middle man.
@8000RPM.
@8000RPM. 3 роки тому
How to tell when a car salesman is lying to you: his lips are moving.
@hueyfreeman7810
@hueyfreeman7810 3 роки тому
🤣🤣🤣🤣
@tresboujay
@tresboujay 3 роки тому
Who’s That Girl? 😂
@paulwilliams2024
@paulwilliams2024 3 роки тому
8000RPM this made me laugh out loud 🤣🤣🤣
@8000RPM.
@8000RPM. 3 роки тому
@@paulwilliams2024 For a salesman, money isn't everything,....(but it's way ahead of whatever is in second place).
@PorschefromAndrew
@PorschefromAndrew 3 роки тому
oh good one, dumb and wrong
@titoavancena9906
@titoavancena9906 2 роки тому
When my daughter bought her 1st car, a Hybrid Prius, in Sacramento, she was at the dealership at 9am and didn't get out of there till past midnight. She said it was a game of who could wear each other down. Her next purchase she says will be a Tesla if only to avoid another horrowing dealership experience.
@MrJabez89
@MrJabez89 2 роки тому
Ya that totally happened
@senseiadam-brawlstars9465
@senseiadam-brawlstars9465 2 роки тому
I’ll take “things that didn’t happened” for $200 Alex.
@gewglesux
@gewglesux 2 роки тому
Because Tito has every reason in the world to lie to people he don’t even know.
@angrydragonslayer
@angrydragonslayer 2 роки тому
I walked out at 2 hours (just as i got to the sales cotract, which easily would have taken 6-7 hours to read and understand) so i can believe it
@MsNickie1001
@MsNickie1001 2 роки тому
That’s why they’re called stealerships. Oh, and I will never buy another Toyota. Last year, they donated thousands to insurrection approving republicans. Phooey on them.
@tonymeehan7859
@tonymeehan7859 3 роки тому
I learned 3 important things over the years of buying vehicles: 1 - I dont need to buy , but you need to sell 2 - I can choose anywhere I want to buy. 3- I never buy new. I'm never taking the 25% depression hit that a new buyer does. That not smart money business I dont let any dealership hold me hostage over anything!
@zak_7354
@zak_7354 3 роки тому
So the Japanese method of ordering and delivering they mentioned earlier makes the most sense- no need for huge lots
@hackman669
@hackman669 3 роки тому
Once again the internet cuts out the middle man. So much for the middle income, sigh!!!
@msshieka943
@msshieka943 2 роки тому
@@hackman669 tell the middleman to get a new gig
@monicarenee7949
@monicarenee7949 2 роки тому
Similar to how Tesla does it. Order online then pick up your car. There are some cars on the lot, but their inventory is not your only option.
@tweedyburd007
@tweedyburd007 2 роки тому
@@hackman669 It's not even because of the internet. It's more like they have showrooms that have models on display, but then you order specifically what you want. There's nothing you can buy and drive the same day--and so there's not huge lots full of parked cars 90% of people don't even want to begin with.
@Adwatism
@Adwatism 2 роки тому
Same in India
@khanhnguyen-tt3ff
@khanhnguyen-tt3ff 3 роки тому
Going to the dealership is like going to a courtroom to debate again professional lawyers
@macdisciple
@macdisciple 10 місяців тому
I used to create huge car ads for a large newspaper. Every week I’d see the same cards listed over and over but at different prices every week. They move the money around in so many different ways it can make your head spin.
@johnspurrier0001
@johnspurrier0001 3 роки тому
We have to go to a dealership because of lobbying. If not for lobbying, we could buy them and have them shipped to our house.
@acommentator69
@acommentator69 3 роки тому
And pay sticker price, dummy?
@GodBlezzAmerica
@GodBlezzAmerica 3 роки тому
A Commentator dealers make money off monthly payments they don’t give price cuts on someone cash ready only if you finance will you get a “deal”
@johnspurrier0001
@johnspurrier0001 3 роки тому
@@acommentator69 troll, if we didn't have to pay commission and all the unnecessary fees that come with a dealership, the sticker price would be ridiculously lower. Besides, I suspect there would be a huge incentive for automakers here as well.
@Inazarab
@Inazarab 3 роки тому
Do you mean bargaining or haggling?
@acommentator69
@acommentator69 3 роки тому
@@johnspurrier0001 they will just raise the price of the car. There is no winning plus you can't test drive it.
@Raegoul
@Raegoul 3 роки тому
Dealerships make it really easy to buy a car you can't afford (anything you have to finance) and roll in debt from the last automotive bad financial decision (negative equity). If people had to figure out how to jump through the financial hoops themselves they might realize how bad of a decision they're making. Instead the dealership does everything and enables their bad financial behaviour.
@jaymzx0
@jaymzx0 3 роки тому
Case in-point is the necessity of 'gap insurance'. The car loses so much value just driving it off the lot that there is a 'gap' between the actual value the insurance would pay if it were 'totaled' and what you still owe the bank. If you brought in a trade or made a down payment that is greater than the first-year depreciation, you usually don't need it. But you have people who want the car at whatever financial doom they may get themselves into (been there, done that), people who need gap insurance and don't get it, and people who get it and don't need it. The dealer isn't going to educate you fully on these things. They have an interest in getting their cut of the financing, or a commission in their paycheck, or many other ways the dealerships/dealers/factories/banks trade money behind the scenes as sales incentives. If it costs you more money but you still sign the paperwork, they're happy. Their job is to get you right to the edge where you will pay and drive away vs walk away and go elsewhere. After you drive off the lot, they don't care. They got paid. Any 'customer care' shenanigans are simply to convince you to either refer a friend or buy another car there if you decide to buy again.
@ALCRAN2010
@ALCRAN2010 3 роки тому
Once upon a time, you could buy a Model-T in any color, so long as it was black. Point is, humans, especially buying a vehicle, are emotional, not logical.
@dark6c159
@dark6c159 3 роки тому
KIA dealership are all criminals.
@DaPanda19
@DaPanda19 3 роки тому
As someone who used to work in sales (not car sales), it was once explained to me by a supervisor that, and I quote, "they're adults, so if they can't responsibility manage their money, they deserve to lose it". Didn't say a word to him the rest of the day and never went back to that job. 5yrs later, that place isn't there anymore
@silvrsurfer
@silvrsurfer 3 роки тому
I'm reading this thinking about getting a new car lmao
@prosserdaqwerty
@prosserdaqwerty 3 роки тому
I've had my share of bad dealership experiences. I purchased my current vehicle at Mullinax Ford near Orlando and it was wonderful. The price they advertise is what you pay. My salesman Aramis had the paperwork ready when I walked in. I was in and out in 30-45 minutes. They even paid for my Uber to get there!
@justincarrizales1206
@justincarrizales1206 10 місяців тому
He just wanted your money
@maggienero1736
@maggienero1736 Місяць тому
The Mullinax Group are a great company!! They care about their Guests and their employees!!!
@xse-qb2vv
@xse-qb2vv 3 роки тому
I'm 44 and live in CA. Only financed one vehicle through a bank to dealer...back in like 1997. All my vehicles I owne(d) are from a private seller. Some if the best financial choices I ever made. Just study up on the vehicle, pros vs cons vs $$$.
@AndrewHesterLaugh
@AndrewHesterLaugh 3 роки тому
Oh the irony. Just last month I bought the car I had leased for 3 years prior and went in for 3 year financing but they kept pushing me to buy the 'Premium package' that came with a lot of 'warranties' like a replacement keyfob every year, roadside assistance and extended manufactures warranty on parts and labor. They wanted me to finance the car for 5 years and the end result would have been paying them an extra $8k over the extra two years. They kept pestering me about 'Do you not see value in this package' I merely shrugged while in my head I was thinking. "Hell no I don't see how spending $8k extra is going to save me over the next 5 years, I didn't even drive 11k miles in the 3 years I had it even before Covid-19. I changed the oil with my dad, I replaced the battery on the keyfobs every 2 years just so I have piece of mind with the damn things. Ultimately I did buy the economy package which is just the 5 year extended warranty on the parts and labor, and I kept the payments to 3 years and $8k less than what they wanted. Bottom line, keep saying no and while they'll try to talk you into things you don't need, all they have to do is shift numbers around in their system so they can make their books look good. I did warn the first guy I went to school for Accounting and Finance and he knew better than to try to upsell me, but those guys in the finance department... nope. Those 3 finance guys turned a 15 minute stop to buy my lease into a 2 hour torture fest that will result in a poor review once I finalize the loan from my bank with a reduced interest rate than what the dealership got me. Oh, which reminds me, they kept trying to say the amount of interest I'd be paying would be less if I went with the 5 year premium package, never mind the amount I was spending over 2 extra years.
@terencejay8845
@terencejay8845 3 роки тому
They always talk about the 'value' never the price; 'And we'll throw in free tyre-rotation for three years. A $120 value!'
@kamX-rz4uy
@kamX-rz4uy 3 роки тому
Next time just work with the bank and then go to AAA to sign the paperwork. I've done that and it was super easy.
@AndrewHesterLaugh
@AndrewHesterLaugh 3 роки тому
@@kamX-rz4uy Sadly financing through the dealership saved me more, else I would have. :/
@kennethdelgado6942
@kennethdelgado6942 3 роки тому
People don’t care about the salesperson they want the car they have at the end of the day the car sell themselves the salesperson is a unnecessary person in the process
@hamentaschen
@hamentaschen 3 роки тому
I agree. 100%. I just cannot understand however, why it is stupid millennials cannot correctly punctuate a sentence?
@tehnoob19
@tehnoob19 3 роки тому
@@hamentaschen Little bit ironic considering your own spelling in that sentence.
@user-nm7gk4ff6c
@user-nm7gk4ff6c 3 роки тому
kenneth Delgado they are an annoying part of the process, just give me the keys and let me test drive the car. They always try to sell you on a car like if you aren’t already set on a specific car
@ramseyabsessien8990
@ramseyabsessien8990 3 роки тому
Went to Darcas dealership for used Toyota venza, price = 23k Went to dealership auction for used Toyota venza, price = 8k. Plust taxes, regulations, license plates, dealers percentage = 10k.
@bigvision8826
@bigvision8826 3 роки тому
Only problem is that those salesmen have family's to feed as well . That is a livelihood for so many individuals that's just walked over
@grahamkearnon7853
@grahamkearnon7853 3 роки тому
After such an unpleasant dealership experience I turned the tables. My next truck purchase I phoned 3 dealerships, told them what I.wanted and, let them come back to me. Once they responded I just played one against the other until my calculator showed me the number I was happy with. I’ve done the same for tractors etc. It’s a far more comfortable experience I find.
@yocampout
@yocampout 2 роки тому
I went to buy a car. I tried to pay cash. They said no. "No, it has to be financed, at least initially." Wth???
@johnwick860
@johnwick860 2 роки тому
watch "the homework guy" channel
@jeremywj
@jeremywj 2 роки тому
Financing is where they make most of their money. When they get offers from banks on your behalf they get offers such as, we'll finance for 5%, but you can try to wiggle 7% from the buyer. If they get you to agree to the 7% they get to keep all the money from the extra 2%. This is why if you start to walk away because the monthly fee just isn't working out, they'll go back and magically find they can now offer you 5.5%. You will ALWAYS lose if you let the dealership handle the financing. If you do walk in with pre-financing they will try to convince you that they can get you a lower payment. In reality, that is probably true but their lower payment may cost you thousands over the lifetime of the loan because they'll get you a loan takes 7 years to pay off vs maybe the 5 years you walked in with. The dealership will always try to get you to focus on the monthly payment and not the total cost of the loan. Most people are easy prey to this tactic. Now, in the defense of the dealerships, they are a business and thus they are there to make money. Prices on cars are so competitive that they just can't stay in business solely on the profits from the car itself. Upselling on services and things you don't need and financing are a neccisity for them. Without most people falling for these, you wouldn't be able to go to any dealerships because they would go out of business. And finally, the sad thing is the financing you can get from dealerships often ends up with someone purchasing a car they truly can't afford. This later leads to repossession and these people are the worse victims here.
@godboss9758
@godboss9758 3 роки тому
I trust the devil more than car dealerships At least the devil is honest about wanting my soul
@joisdaname
@joisdaname 3 роки тому
Lmfbao now that’s a statement
@speechlessmoment1668
@speechlessmoment1668 3 роки тому
😂😂😂
@anakarina1011
@anakarina1011 3 роки тому
Damn that’s intense lol
@Robert-uo6qi
@Robert-uo6qi 3 роки тому
Sooo True
@awesomeguy7443
@awesomeguy7443 3 роки тому
Thats the comment of the year of 2020
@jacobgoldenofficial4321
@jacobgoldenofficial4321 3 роки тому
I'm still traumatized from 2015 when I bought my car
@xjarheadjohnson
@xjarheadjohnson 3 роки тому
I have been bicycle commuting for over 20years; car-free for over 10years now. I estimate I save approximately $10K/year (give or take a couple K). My savings reflects this.
@mackenziegray2090
@mackenziegray2090 3 роки тому
@@xjarheadjohnson I wish i lived in an area where I can just commute on a bike.
@xjarheadjohnson
@xjarheadjohnson 3 роки тому
@@mackenziegray2090 , I have heard that concern from people I work with (in different jobs) for years. That said, I live in one of the best cities for it. *Minneapolis is Redfin's most bikeable city in U.S. for 2020* www.kare11.com/article/news/health/minneapolis-2019-redfin-most-bikeable-city-in-us/89-7baac702-af99-405a-b1f4-ad12431220df
@runningfromabear8354
@runningfromabear8354 3 роки тому
I'm not a fan of car salesmen but I have benefited from learning how to haggle from my father and his mother. Nan always ran a table at the market in London, just like her mother. I would help her run her table as a kid and was given some leeway selling stuff. Mostly, I get frustrated with car dealerships as a woman. Instead of talking to me about the actual engine and gas mileage etc..., they want to tell me how many baby car seats it can fit and up-sell me to an SUV. I don't want or need a minivan or an SUV or a pick-up truck. I don't care about their entertainment system. I understand the initial mistake but when I've made it clear, that isn't the stuff I want to talk about, I really wish they would change gears and stop insisting on telling me what I want. I get the sense I disappointment dealerships.
@joegotyoutuification
@joegotyoutuification 3 роки тому
Me too..my is 2008...my pregnant wife and I have to go back 7 times to finally resolve the problem..we finally got the right car that the salesperson had made a big mistake...Awful!!!dealership...
@khoa1708
@khoa1708 3 роки тому
i communicate through email first, then I only show up to sign paperwork
@migueljuarez448
@migueljuarez448 11 місяців тому
I bought a brand new Subaru from the dealership here in Ogden Utah and while it was my first time buying a car it didn’t feel like I was being ripped off. The website price with the car I bought matched and my sales person laid everything out for me and explained any question I had.
@davoinshowerhandle3302
@davoinshowerhandle3302 3 роки тому
Dealerships are the middle man. Cut off the middle man and bring down the price of your product. Customer service/support/assistance can be done by the motor company itself.
@steak5599
@steak5599 3 роки тому
That depends on which make. Automakers such as Ford and GM are heavily in debt, they might not have the capital to overhaul the entire dealership landscape. You also need to know Dealership rarely makes money off selling a New Car, they tend to lose money on it, but make up for selling Extended Warranty, Customer Package, and Loans. If you simply learn to walk in and say you want the car only and nothing else, with a Good Credit Score, you won't get rip off. Everyone likes to use Tesla as a prime example of direct sale, but do some research first, Tesla doesn't see that many cars, and their Service Center don't require as many employees as Brands with 4000 dealerships across the US. And then there is the whole Used Car and Trade in complication, go look for a video of how Tesla deals with their Used cars, it is a disaster. My point is, Automakers might not want a Direct Sales model, because it adds much more complication to their business.
@steak5599
@steak5599 3 роки тому
@Abhijeet Kundu if Automaker wants to sell cars directly, then they will have to waive the franchise fee dealership pays every year. For example, Apple sells directly to their customers, but Walmart also carries their products, but does walmart have to pay Apple a fee to simply carry their product? If you run a company on a franchise model, you will be subjected to a different set of rules.
@coopsnz1
@coopsnz1 3 роки тому
Big government the biggest cost to business , shrink it 50% and abolish car taxes
@coopsnz1
@coopsnz1 3 роки тому
@@steak5599 The Corporaton and Government takes 70% profit from franchise owner
@eddiewallace3362
@eddiewallace3362 3 роки тому
Too much of being righteous in doing business, which America don't have nowadays peace.
@PristinePerceptions
@PristinePerceptions 3 роки тому
Car dealerships are on the way out. Any service that routinely makes things harder, and more importantly, emotionally distressing, for the customer will die. Car dealerships had leverage because they had a monopoly on information and test drives. That is no longer the case. All that will remain of the dealerships, is the service center.
@anona1443
@anona1443 3 роки тому
Absolutely
@larryhallman7532
@larryhallman7532 3 роки тому
Wrong. Until laws are changed you can only buy new cars from franchise dealers. Tesla does offer dealership models and sells direct. The big 3 is not designed to sell directly to public. Big corporate controls the industry. Autonation is the largest. Tons of jobs would be lost if this is reverse but it will never happen due the money in this system. Mfg,dealership, banks all make money on every purchase regardless if you pay cash or financing. Look up Gulf States Toyota..fees for shipping creates billions in profits
@larryhallman7532
@larryhallman7532 3 роки тому
Wrong. Dealership are expanding as well as independent shops. The only competition is in pre own cars but dealerships also invest in preowned centers to maintain a steady supply of inventory. Carvana is owned by guy that owned multiple dealerships Its not new business model just perception
@travis1240
@travis1240 3 роки тому
I hope you're right, but the laws protecting dealerships would need to change in order for them to go away. Tesla is helping to force the issue, but until the other large auto manufacturers start pressuring states to allow them to sell direct to consumer in order to compete, nothing will fundamentally change.
@ThingsILikke
@ThingsILikke 3 роки тому
You can also rent a car from someone that owns it for an affordable price through an app called Turo. Turo is like Air BnB for cars. It isn't available in NY or California, so you'd have to travel out of state if you live there, but I just did it with a Tesla model 3. I rented the car from a man in New Jersey cuz I live in New York and I took it home and drove it all week. It cost like $120 a day after tax and Turo finders fees and the milage limit was really high so I didn't go over. It was so easy and the vehicle owner showed me how to use all the features. I really want a model 3 now and when I have to buy a new car I will definately rent the make and model of the car on Turo and drive for a week before I buy it. Probably buy second hand from a civilian or lease.
@thomasrobinson182
@thomasrobinson182 3 роки тому
I bought mine through a purchasing program my employer offers. I test drove at the dealership and signed some papers in the fleet purchase office and came back with a cashier's check from my credit union. Easy and no salesperson involved.
@lymanellsworth4727
@lymanellsworth4727 2 роки тому
We bought a new Ford Edge at Penske Ford in LA Mesa California, a San Diego suburb. We got our new Edge in 2018. We got a 5k discount at that time off the sticker price. We had no pressure to buy at all. Very happy with our experience at Penske, and we love our Edge.
@DBR00
@DBR00 3 роки тому
I love going to car dealerships. There is something about being cramped up on those small tables in the showroom waiting an hour an a half for the sales guy to go up to the desk and “negotiate” on your behalf.
@samoday2992
@samoday2992 3 роки тому
While he steals the paper with the figures on it and rejigs it then brings it back to you with a straight face .
@JoseGonzalez-wt1do
@JoseGonzalez-wt1do 3 роки тому
Once Tesla makes affordable cars, its the death of dealerships.
@DavidJao
@DavidJao 3 роки тому
The average price of a new car in America is $37,876. The base price of a new Tesla Model 3 is $37,990. Not much difference there.
@waflletoast11
@waflletoast11 3 роки тому
Another elon fan for sure
@DavidJao
@DavidJao 3 роки тому
@@waflletoast11 If plain, uncomplicated facts make for an Elon fan then we are all Elon fans, unless that is you disagree with simple facts?
@JoseGonzalez-wt1do
@JoseGonzalez-wt1do 3 роки тому
Waffle - A gamble startup is kicking well established car company’s ass.
@xjarheadjohnson
@xjarheadjohnson 3 роки тому
I have been bicycle commuting for over 20years; car-free for over 10years now. I estimate I save approximately $10K/year (give or take a couple K). My savings reflects this.
@ineedacar
@ineedacar 2 роки тому
A few tips from someone who has made a business of navigating car deals: 1. Almost everything is negotiable, including financing and warranties. Dealers can mark your financing up as much as 2% in most states. If you get approved for 6%, ask for 4%. If the warranty is $2,500, offer $1200. Especially on a new car, this is where the dealer makes most of their money. 2. Understand margins just aren't there like they once were. This is more true on new vs. used, but don't expect much (or anything) off the sticker until inventory levels build back. I believe this won't be until 2023 sadly. There is significantly more demand than supply, so don't be offended if the dealer sticks to their guns on the price. 3. Negotiate on your trade! This is one place you do have bargaining power. Bring your car in clean and looking it's best, shoot for private party value on the trade for a starting point. You get a sales tax break by trading in, so factor that in if you're not sure about selling privately or trading. If the car you're buying is $40K and your trade is worth $20K, you pay tax on the $20K difference. Selling privately means you'd pay sales tax on the full $40K. That's about a $1500 difference assuming 7.5% sales tax. 4. Get creative and look outside your local area to save a few bucks. Your local dealer(s) might have a markup on desirable cars, but other dealers may be happy to just sell at sticker. Cheaper deals are usually in the midwest. I saved a client $7000 on a new Tahoe by getting one shipped from Oklahoma to Southern California, and that was after the shipping cost! 5. Treat the dealers with respect! They will be much more willing to work with a buyer that is tactful and polite. They aren't begging for sales right now, so coming in with an attitude will get you nowhere fast.
@khabbad
@khabbad 2 роки тому
In many states extended service contracts or warranties are regulated by the state and price cannot be adjusted up or down
@RosalitaComeOut
@RosalitaComeOut 2 роки тому
Can really feel this anxiety. I can only talk from a swedish perspective. Over here it's probably slightly less hustle and sales tricks when buying a new car. But the almost new to 3-8 years segment is much like the US, filled with sneaky/dishonest dealers with their own gain as no. 1 priority. It's not easy to navigate the waters. Since I'm around 30 and working class I'm looking at older cars when buying. There it's all about researching value and the car's history with service and owners. I feel doing that research gave me a little more confidence in asking certain questions. I was lucky to get a good dealership who I can talk with on a regular basis and do my service at. Good luck ppl!
@MusicLover-ui9sm
@MusicLover-ui9sm 3 роки тому
It’s a Rip off Some pay more and some pay less for the same damn car That’s insane
@PorschefromAndrew
@PorschefromAndrew 3 роки тому
Get better at negotiation and you will pay the best price
@macioluko9484
@macioluko9484 3 роки тому
Right? They ought to be called CPNS Car Price Negotiation Shops
@kennglee
@kennglee 3 роки тому
You shouldn’t have to negotiate. Their intent is to rip you off. They feel great when they do that.
@lifeislivinginpeace447
@lifeislivinginpeace447 3 роки тому
Dealerships try to cheat you and the sales people are cheats, crooks!
@athithyagounder7954
@athithyagounder7954 3 роки тому
Pastor Emmell's Bible Messages I bought a Tesla with only texting the guy to get the paper work and keys, a fixed same price for everyone, no sleazy salesman to work with not to mention the safest car to drive
@Dude-hk3qj
@Dude-hk3qj 3 роки тому
@@athithyagounder7954 those non Negotiable prices are usually higher than the market haha
@koenven7012
@koenven7012 10 місяців тому
Here in Europe we do have dealerships, but it's different. Most of them are service garages that also sell cars, but they only have a limited amount of them in the showroom. Either you go on the internet and look it up yourself (the preferred option I think) or you can do it at the dealership, but you first see what car you want (brand, model, any options, etc.) and then it will be made for you (like mentioned in the video for Japan). Wait times have gone up drastically though, but you get the car you want (and when you check on the internet, you also know the price and can compare). the only cars they have on the lot are the old showroom cars. These get replaced regularly and they offer the old ones for a discount (old meaning 6 months or so). You can't configure them, but they can be delivered very quickly. My last car purchase was such a stock car, as it had the same colour and two more options than I wanted on mine, but even with those the price was less and it was delivered in a week instead of 3 months. So I'm happy (I get a car quickly) and the dealership is happy (because they got rid of a car taking space in their parking lot).
@MojoKc2244
@MojoKc2244 2 роки тому
I am no spring chicken, and to date I have only had 1 positive experience purchasing from a dealer. And becouse of the on line options are available, my advise is skip the stress of the Dealership and research and purchase your new vehicle on line. You will thank me.
@scenichwys4952
@scenichwys4952 3 роки тому
When buying a new or used vehicle remember one thing, you start the conversation and keep control of it. You tell the salesman what you want and are willing to pay. When you keep control of the conversation that really screws up what the salesperson has been taught. If you do it right it works big time in your favor.
@iam.miikey
@iam.miikey 2 роки тому
It’s too bad ….. and sad that people are loosing the skill of how to negotiate a deal. I have never or could ever buy a car at asking price! What are they going to do when they purchase property or a house?
@Goch46
@Goch46 2 роки тому
It still takes 6 hours to buy a car
@Princeof1000Enemies
@Princeof1000Enemies 7 місяців тому
what do you say to get below asking price?!?!?@@iam.miikey
@goldwinger5434
@goldwinger5434 3 роки тому
There are many problems with shopping at a dealership. First off, if I'm shopping for a camera, I go to a camera store and I can look at a variety of offering from different manufacturers. Can't really do that with cars. Sure there may be a Toyota dealer across the street from the Honda dealer, both owned by the same guy, but side by side comparisons of cars is very difficult. Secondly, car salesmen are idiots. When I was about thirty, my girlfriend was looking for a new car. She had a short list of cars that she wanted to look at so we headed out. One salesman flatly refused to show her the car that she was interested in. She was looking for a sport coupe and he kept babbling about a family sedan. Good bye. At another dealer no one would say a word to us until we were leaving. The salesmen were all yukking it up right by the door but ignored us until we were almost back to my car. Bear in mind that we didn't look like bums. I was a well dressed professional driving a shiny BMW and my girl friend was similarly well dressed and well groomed. The next dealership, the salesman said that he was "too busy" to go for a test drive even though there were no other customers. He expected her to buy without driving. Then they try to sell you tons of crap that you don't need like "paint sealant" and leather protector. Not a fun experience.
@Robert-uo6qi
@Robert-uo6qi 3 роки тому
Buy Used, we all quite buying new, things might change, Carvana is a start.
@InChargeOFFun
@InChargeOFFun 3 роки тому
Your message exudes snobbery. Car salesman are good psychologist. They see a white couple, middle aged, he drives "shiny" BMW, a car is actually for her. She's got a laundry list of what she wants and don't you dare give your opinion. Yeah bro, you are nobodies favorite customer. I'm sure same happens to you when you walk into the electronics store because people can tell you are a d-bag from far away.
@Skyman08
@Skyman08 3 роки тому
@@InChargeOFFun Goddamn Dmitriy, goddamn...
@jesse7631
@jesse7631 3 роки тому
Bro, you had my ear until you said you drove a BMW. Sorry.
@chicogonzales916
@chicogonzales916 2 роки тому
OMG I completely feel you on the second point. I went to go look for a new car with my gf (she was looking for a higher trim civic, maybe even a type r) and the salesman became soooo snobby and condescending with her and flat out refused to show her the sport trim civics (which btw, are only a trim level above the base and are not fast in any way) because it was "too sporty" for her. He also laughed at her when we were looking at the type r (again, not the fastest car). It's just ridiculous to me that this guy is prioritizing gatekeeping one of the most popular commuter cars in America. Thanks to his attitude, we were able to finalize our purchase of a new model 3. So I thank him for his help in making our decision.
@IGamingStation
@IGamingStation 2 роки тому
The funny thing about this is that the customers who come to dealerships saying "WHO WANTS TO MAKE A SALE?!" are usually the last people dealers want to deal with.
@docluv14
@docluv14 2 роки тому
It’s an east fix. Cars should have fixed prices, with no discounts. Then pay the salesperson a living wage w/ no commission. That would fix a lot of the issues caused by dealerships,
@lydiaanderson4020
@lydiaanderson4020 2 роки тому
@Hello John Stone, How are you doing?
@untouchable360x
@untouchable360x 3 роки тому
"Stealership" not Dealership.
@ryancombs7484
@ryancombs7484 3 роки тому
I wholeheartedly agree with this video. Last week I purchased my second vehicle on Carvana and was blown away by the ease and speed by which the deal was completed. There was no hidden fees, no haggling, and they took care of every detail. Will 100% recommend to anyone buying a car.
@haicoai6269
@haicoai6269 3 роки тому
F yesukposts.info/have/v-deo/snZ7ZneFlnmLqWw.html
@Alister22ful
@Alister22ful 3 роки тому
Carvana always have their cars on markup. You think you're getting a good deal because of the no haggle, but you aren't. Just buy from private sellers. They need cash, you need a car. Done.
@jeremyclark3985
@jeremyclark3985 3 роки тому
Hmoob_Mikah Carvana puts a lot of money in recondition their vehicles to top condition after they buy them. You also get warranty, financing, delivery and other perks like the no haggling. That’s worth it to most people especially during a pandemic where you supposed to keep your distance from people. You pay for convenience. Just the way it goes. Private sellers you got to be carful with just like like you should with any car you buy. Just know a good mechanic that can look the vehicle over before you commit.
@supershroom164
@supershroom164 3 роки тому
Hmoob_Mikah not everyone has the time or knowledge to pick out a good used car from a private seller
@dailyrant4068
@dailyrant4068 3 роки тому
@@Alister22ful And you think private sellers always take care of their cars properly? It's just luck unless you know what you're looking at. I'm not arguing for one way or another, I'm saying there is no absolute answer
@mastpg
@mastpg 2 місяці тому
4 cars in the last decade. Never stepped foot on a dealer lot prior to agreeing upon a price, and with two of them, I never even stepped foot in the same state at the dealership.
@googleuser868
@googleuser868 2 роки тому
Bought our last used car from a dealer in the financial crisis years. Normally buy off individuals but got a good deal on an under 10k mile car. Probably a couple hours shopping,test drive, and paperwork time. Passed on the extended warranty sales pitch. Been driving the car going on 12 years and no need for another one yet.
@Dangic23
@Dangic23 3 роки тому
I lived in Germany for 4 years. When I first got there, visited a BMW dealership to buy a car. Picked the car, signed paperwork....then the salesperson said.....ok......the car should be here in 3 months. Lol I was like....but it's right there behind you. He said....no....that's a showroom car....yours will be built and delivered. Had to rent a Smart Car for 3 months Lol
@Waterfound
@Waterfound 3 роки тому
lol thanks for share this experience
@Dangic23
@Dangic23 3 роки тому
@@Waterfound Yeah....something new I learned, which I did not anticipate or thought about. Got to love the Smart Car after 3 months...lol
@martinreinders6870
@martinreinders6870 3 роки тому
It's how every car dealer operates through Europe. Much more efficient way. Less unwanted stock. You could buy showroom models after 6 months with a discount. It has been used for the test drives though.
@Dangic23
@Dangic23 3 роки тому
@@martinreinders6870 I learned the hard way...haha. I moved to Germany from the USA, where I had gone through the car buying process like 6 times. It was just out of mind when I was planning my move. Preoccupied with where to live, kid's schools, new job, etc...
@kiwi123467
@kiwi123467 3 роки тому
Had same problem looking for a bed in Brisbane can't buy the showroom bed that day went elsewhere
@josephcalabrese6337
@josephcalabrese6337 3 роки тому
Car dealerships are for the rich people. Everybody else is better off just buying per-owned cars from a private seller. They need cash now, You want a car now, Simple as that.
@8000RPM.
@8000RPM. 3 роки тому
Amen....!
@daveanderson7716
@daveanderson7716 3 роки тому
Exactly how I perceive it. You need car, seller needs cash....end
@josephcalabrese6337
@josephcalabrese6337 3 роки тому
@@daveanderson7716 Only thing that's complicated is exchanging the Pink slip at the DMV.
@GreenAppelPie
@GreenAppelPie 3 роки тому
So much simpler. It’s how I sell.
@Carterthielftw_
@Carterthielftw_ 3 роки тому
Used cars FTW, only time your should ever buy a car is if you can flush thousands in depreciation
@raybrown8887
@raybrown8887 2 роки тому
Bought our first new car using Costco Auto buying program. Have purchased new in the past sometimes felt like a pretty good deal was reached sometimes feel like they got the better of me. With regards to the deal we got on our new Mazda using costco's program it's possible we could have gotten the same deal on our own but not having to do the "dance" with the salesman made the process more pleasant. The only place we had to work the deal was when it came to our trade, finally got what we wanted which was better than we were offered by far at numerous other dealers. The trick in my opinion is to do your homework online and become as knowledgeable on your cars fair value the fair price on the car you are shopping for and do your best to keep emotions out of the deal.I don't go to shop for a new car looking to make a new friend but make sure the dealership makes you feel welcome it is conveniently located, check out their service department and read reviews on both the dealership and service departments.
@bloqk16
@bloqk16 2 роки тому
I can understand there was a time when shopping at a dealership meant you could get a feel of the car you were interested in buying; as there were some subtle nuances when it came to seating comfort; and I say that as a person with back troubles going back a half-lifetime ago. Thirty years ago two identical cars side-by-side had significant differences with seating comfort for my back. But, I've noticed over the past 10 years with multiple car rentals I've done, the car makers are doing a good job with standardizing the quality of the seats. So, if I was to buy a new car nowadays, I'd seek out a rental car for a two-day test drive; and if the vehicle was agreeable for my comfort needs, I would not hesitate to order one sight unseen. But today's vehicles seem to be tech-heavy, which I don't like; so it is doubtful I'd buy a new car.
@targetedplantsguy9481
@targetedplantsguy9481 3 роки тому
I would rather pay extra than deal with a dealer. I tried working for a dealership once, but my ethics got in the way.
@whizkid235
@whizkid235 3 роки тому
Same
@blacklyfe5543
@blacklyfe5543 3 роки тому
Ethics?
@maliroa6113
@maliroa6113 3 роки тому
I started working at a dealership almost 2 months ago and it's only a matter of time for me to leave as soon as I find another job. I can't afford to be unemployed and I don't like the way some managers work as far as trying to convince people that having monthly payments for 5, sometime 7 or more yrs is ok especially when these cars lose value So Quickly! I don't see how the finance managers are ok doing what they do either getting people to sign agreements with these Outrages interest rates! My advice: Have cash in hand or a 0% financing loan from your bank before walking into a dealership and Do Your Research!
@coolguy10098
@coolguy10098 3 роки тому
@@maliroa6113 They're upselling you for the vehicle you so desire. If you don't like it, walk out and go buy your car somewhere else.
@ibabymomx3
@ibabymomx3 3 роки тому
@@maliroa6113 wow, you are absolutely right.
@enesimajebi2935
@enesimajebi2935 3 роки тому
People: Millenials aren't doing this thing, I wonder why? Millennials: It's cuz we're all in debt, we don't make enough money and everything is too expensive People: Hmmm, I guess we'll never know
@miken4591
@miken4591 3 роки тому
Baby Boomers - well you're making 4x the income we did when we started out, your first house is way nicer, your car is way nicer, you don't repair your clothes when they are worn, and you like to eat out more than once a month. So yeah - you are poorer than we were in 1960?! And hey, women are no longer paid 2/3rds of the male wage for the same job, and you don't live under the threat of imminent nuclear war, or being drafted for Asian wars. So, life was better back then?!
@boratb258
@boratb258 3 роки тому
@@miken4591 You forgot inflation, middle class now is being comfortable in a condo, in the past it was a two car garage house.
@pkal244
@pkal244 3 роки тому
@@miken4591 yea there's no way you can say it's 100% easier now than back then. I couldn't dream of owning a home with a 2-car garage + yard when I was in my 20's. Apartment living with roommates is the new norm for young professionals with highly skilled degrees. All generations have their struggles and overall the newer generations have it better, but to say baby boomers would thrive and be young home owners near a big city with a nice job in the current landscape is extremely short-sighted. You don't know the meaning of the term rat race until you've been to multiple all-day interviews and still not getting the job.
@miken4591
@miken4591 3 роки тому
@@boratb258 - yeah, right, inflation in the '70s was up to 25%.!
@miken4591
@miken4591 3 роки тому
@@NewWaveSports229 - baby-boomers suffered from the 1970s inflation and then suffered to get rid of it. We also suffered to transform society so all lot of the 1950/60 embedded racism and sexism was reduced. Read up about the 1960s cultural revolution and black rights movements. Sure a lot of baby-boomers became old and complacent, but the changed were profound. Not that much corruption, given the depths of the 1950s military-industrial complex.
@Korok96
@Korok96 9 місяців тому
The last time i went to buy a car i told them i just wanted to talk numbers. They were already making a temp tag and everything before i was even able to see the monthly payment. They kept telling me i was definitely buying the car. I told them to shove it and left in my old car used my downpayment to fix it up and have 0 car debt. Screw car dealerships
@831678Anthony
@831678Anthony 7 місяців тому
I was looking for a RAV4 hybrid earlier in the year and visited a couple of dealerships. All of them kept telling me our inventory is low, you’re not going to pay at msrp with others willing to pay the market adjustment etc.. ended up ordering a Tesla and it was the easiest and most clear cut process ever. I don’t think I’ll ever go to a deal ship again. The way teslas selling model is, I could be happier.
@apotbos
@apotbos 3 роки тому
Last time I bought a car I went in with my loan from caoital one. Told the sales person I wasnt buying any extras but I did let her go trough the process of offering the the extras at least once. I was in and out in maybe 2 hours. If you go in with your own loan you have all the power to walk away whenever you want.
@cmoore806
@cmoore806 3 роки тому
Walk in with cash. It’s even better
@InsaneDrummer99
@InsaneDrummer99 3 роки тому
Just don't tell em you're paying cash.
@elvisrodriguez3297
@elvisrodriguez3297 2 роки тому
So if you take out a loan form capital one or a bank you’ll be paying the bank back instead of the dealer ship right??
@YasssStitch
@YasssStitch 2 роки тому
I've owned 32 cars so far in my life. At least half of those were purchased at dealerships (new, used, CPO). I have become that person that friends, family and colleagues ask to come with them when they're buying cars. There is nothing left in their book they can pull on me. I know every trick from "I can't sell you for less than I paid for it (invoice) lie, to F&I being "just to sign papers" yet another, actually, the biggest high pressure sale process starts when you think you're done and guard is down (F&I is the most skilled salesman in the place), to everything else. I can honestly, without any doubt, ABOSLUTELY, 100% say that dealerships are THE worst places in existence and are run/employ the scummiest of people on earth. Nothing comes close, not even lawyers. The amount of lies, deceptiveness, manipulation, and all other tactics (turning spouses on each other, wearing you down to get tired, hungry, annoyed so you can just "sign and get out", etc...). USA is the only country in the world where dealerships are mandatory by federal laws and it is ILLEGAL to buy a car from OEM directly. That is how deep the dealership cartel is. They are the most vile, unethical, disgusting human beings. It really is sad that in this day and age, this dinosaur business model still exists on such level in this country.
@cristianr.s.5537
@cristianr.s.5537 2 роки тому
Not all dealers are like that. Mine isn’t.
@KNByam
@KNByam 2 роки тому
32 x 20k = 640k, give or take 100k for trade ins, options. Dam Bless your heart man. Imagine if you bought a couple cars instead and invested that money for all them years.
@chocolatechipslime
@chocolatechipslime 2 роки тому
I’ve come across some horrible sales men, it really irks me when they are nice when they think they have a potential sale but when you turn them down after hours of negotiation their attitude flips and become rude and cold.
@thirtyonefifty3133
@thirtyonefifty3133 3 роки тому
also every dealerships: I cant do it for that price, but let me talk to my manager (for the 10th time). Calls you at the end of the month "Hey great news we can sell you the car for xxxxxx" but they could of done that 2 weeks ago when you visited This comes with the "super clear coat" for $499 and we cant remove that, it comes with the car so your gonna have to pay it.
@alexandercrush
@alexandercrush 3 роки тому
ThirtyOne Fifty They are great at wasting your day.
@terencejay8845
@terencejay8845 3 роки тому
And they never actually 'talk to the manager'. It's a ploy. Often they just leave and gaze out of the window for ten minutes, letting you think he's haggling on your behalf.
@Beth9228
@Beth9228 2 роки тому
It took forever on my Ford Escape back in late March of 2017. I think it was about 4 hours. I even test drove the SUV with my mother. We went to a state park entrance and back to the dealership. I totaled my 2011 Mercury Milan. My Ford Escape is a 2015. We traded what was my father’s 2008 Ford Expedition. I drove it for 3 months. It took a couple weeks of getting used to the size of the Escape. I still drive the vehicle. I like go to the dealership for window shopping. At least my Escape has a little bit over 83,000 miles.
@dubliners0999
@dubliners0999 2 роки тому
Right now,things have shifted due to Covid. In my area, there were very few cars on the lot. I knew what I wanted and brought in print outs and notes on a clipboard. The sales guy didn’t try to up sell me and looked at a list of cars coming in. I bought the model I wanted, but not in the color I wanted only due to the chip shortage. My experience was s not different because I had saved my money and was paying cash...if I was ever forced to finance, I would do as much of the process online. At my dealer, they did have the finance person take my deposit so they could hold the car for me when it came in. That was all due to the chip shortage. She tried to sell me ceramic coat and undercarriage treatment, but I said no and she went away. I spent less than an hour there and I did test drive similar model there. Hey, I always buy Honda’s and I must love the experience because I do it every 12 years(!)
@harrychu650
@harrychu650 3 роки тому
I will never buy a car from a dealership. Tesla has shown us that there is an alternative.
@haicoai6269
@haicoai6269 3 роки тому
yesukposts.info/have/v-deo/snZ7ZneFlnmLqWw.html
@brianmatzen9617
@brianmatzen9617 3 роки тому
You have to pay cash upfront and wait for a Tesla and returning one is a pain
@ScrapKing73
@ScrapKing73 3 роки тому
If that's the only alternative, then we need a third option as the delays for service many Tesla owners experience wouldn't be acceptable to me. I love electric cars, but I'd get one at a dealership so that I have local service and support on a quick timeframe. The dealership experience sucks, but waiting for service sucks even harder IMO.
@GamerbyDesign
@GamerbyDesign 3 роки тому
And just you wait until you need a part or repairs on that Tesla
@brianmatzen9617
@brianmatzen9617 3 роки тому
Brian The Explorer any idiot with a phone can look up the average msrp of any item don’t have to go to a dealership and be ripped off plus you can always call before going
@ramenandgyoza702
@ramenandgyoza702 3 роки тому
The Sales agents are actually okay its the Finance Managers / Agent that makes the experience really bad. Pressuring customers and upselling items the customer doesnt need.
@larryborn1082
@larryborn1082 2 роки тому
^^^^^THIS!!!
@KNByam
@KNByam 2 роки тому
You mean you don't want a hitch for towing? You might need that in the future of you decide to go camping. Lmao
@bmw803
@bmw803 2 роки тому
Yes, but the buyer should cut it short and tell the F&I to skip the BS. Or walk away.
@fromthedigmedia3299
@fromthedigmedia3299 8 місяців тому
Good luck when you get broomed by service because you were too negligent and cheap to protect yourself. You’re the customer that goes back to finance in 5 years begging to buy a warranty because service just cleaned you out of $4,000 for a $50 part replacement. 😅
@harrisonsteudlein8537
@harrisonsteudlein8537 5 місяців тому
⁠@@fromthedigmedia3299You must be in the finance department yourself.
@coltoncarroll5046
@coltoncarroll5046 2 роки тому
As a first time buyer, I didn’t really try haggling the price any considering my credit was just being established. But I will say that car salesman really only tell you what you want to hear and will do what helps them out the most not necessarily for us…
@LMays-cu2hp
@LMays-cu2hp 2 роки тому
Thank you for this advice.
@desertguy1362
@desertguy1362 3 роки тому
Honesty, i think the Carvana model should be the only way to buy cars today. Dealers are scam artist in disguise i bought several from them and even when i know all tricks and tell them they still play the stupid game what can you afford a month for x amount more you can get total care worry free package warranty blah blah. I would buy cash but than they will not cut you a deal. Now i buy from Carvana its the new cut the cord (cable) for cars. Once everyone realizes this dealers will have to adopt my guess next 10 years online car buying will take over.
@bluestonemetallic7
@bluestonemetallic7 3 роки тому
...exactly, I honestly don’t know why these sales people still act like silly buggers....especially most folks out there can do extensive research before showing up in the dealership(s).
@IMAPOTATOZ
@IMAPOTATOZ 3 роки тому
My only problem with Carvana is you have no clue how the car will drive, if theres any problems with it. Ive seen some car listings on there where they take a picture of the dash, theres a check engine light on there.
@Striker50_
@Striker50_ 3 роки тому
Hell no. You still can't even negotiate and will still get screwed on 7 year loans
@marcelogarcia932
@marcelogarcia932 3 роки тому
Carvana is a horrible business model for consumers , if u do your research and take your time to look for the right deal buying a car from the dealer is still far more affordable as you have room to negotiate as dealers at least let you negotiate whereas caravanas mark ups on cars are pretty outrageous. You're literally paying extra for convenience
@orangeVSappel
@orangeVSappel 3 роки тому
It could probably work for a new car, but for a used car I wouldn't buy it with personally looking at it and driving it Even for a new car, most of the times you need to personally compare similar cars across different makes.
@agniasavkin6795
@agniasavkin6795 3 роки тому
A good car will definitely sell itself.
@jeffsekinger7032
@jeffsekinger7032 3 роки тому
But you still need a salesperson
@libra736
@libra736 3 роки тому
I hate buying things online.
@brendaalves7842
@brendaalves7842 3 роки тому
@@ronyates7332 I think the pandemic has shown us some of the problems America has
@user-jl9sl9mi2r
@user-jl9sl9mi2r 3 роки тому
Buying online is definitely easier
@malcolm6346
@malcolm6346 3 роки тому
@@brendaalves7842 Absolutely. I've learnt the importance of having friends around. Lol
@francoisdurocher4951
@francoisdurocher4951 7 місяців тому
Against a buying process lasting an hour or more, I researched on line for my car and finance and the actual purchase of the car took less than 5 minutes ....on line....naturally that was my Tesla over a year ago. NO EXTRA WERE OFFERED AT THE LAST MINUTE....and the Price was garanties....wow
@see-it-for-yourself
@see-it-for-yourself 8 місяців тому
I just bought a Tesla model 3. Took 5 minutes, from home, no pressure no rip-off. Everything is straightforward. I hate traditional dealerships. Every ice car I bought, the process was so lengthy and tiresome.
@lucky_13_pyro
@lucky_13_pyro 3 роки тому
Why do people buy cars from dealerships. ME: because thats where they sell cars
@manaspradhan8041
@manaspradhan8041 3 роки тому
Dealerships are unnecessary
@chinchecker464
@chinchecker464 3 роки тому
I find buying used cars Better because u can low ball a guy unlike a salesmen lowballing u😂
@KhoiBoa
@KhoiBoa 3 роки тому
@@chinchecker464 then find out car got super underlining problems so they lowballed you.
@paull3179
@paull3179 3 роки тому
It is safer than buying private as a major dealer will not hide problems with any car. I usually bargain with them as I know they will offer very little anyway on a trade but these days they are less flexible as they are discounting in advance. I have had offers of 35,000 on old 911's and sold them myself for 54,000.
@papasquat355
@papasquat355 3 роки тому
It is fine to buy from them as long as you do your homework, know your absolute deal, and are willing to leave at any point in the process. It is NOT a place for the naïve or the beginner.
@bron5025
@bron5025 3 роки тому
I just bought a vehicle and got financed through my credit union. It was the best car buying experience I ever had.
@alsatian9130
@alsatian9130 3 роки тому
@Esteban Camacho : my respect to you Camacho! You are a real man, not a boy!
@drewski1441
@drewski1441 3 роки тому
You stayed too long.. I bought my car and only went to drive it off the lot, took 15 mins.. I do not go to car dealerships, not even for a free oil change. They are one big scam operation.
@j_taylor
@j_taylor 3 роки тому
@Esteban Camacho I like your style. I also got pre-approved and had two salespeople waste my time. Not much of my time, though. And the salesperson at the third dealer was great. She kept it simple and honest and so did I. She actually transferred my new car out of the first dealer because stock was so limited!
@mss627
@mss627 3 роки тому
Consider yourself lucky. Most dealerships will spend hours trying to talk customers out of using their own financing. Some even hike up the price if you finance elsewhere.
@garbo8962
@garbo8962 3 роки тому
I got a great rate from my credit union about 5 years ago for 2.9%. Dealer found out that I had a 820 FICA score then called somebody and got me a 2.7% rate. They wanted to only match my deal but insisted they beat it.
@kenc2257
@kenc2257 2 роки тому
I used a car-buying service for our last vehicle purchase (through our insurance company, but they use one of the established services/TrueCar). No price haggling, financing, or insurance from the dealer, and I politely declined all the "extended warranty" up-sale pitches. It was the make/model vehicle we wanted--the wife wanted a specific color--and the dealer-installed accessories (roof rack, wheel locks, HomeLink rear-view mirror, etc.) we got for "free." I hate negotiating--if I could buy entirely online, it's worth a few hundred dollars to me for that convenience & stress-free experience.
@AJ___USA
@AJ___USA 10 місяців тому
I really wish that the companies themselves would just sell the cars themselves
@WMxSmith
@WMxSmith 3 роки тому
I liked the home delivery model in Japan. The 3-5 week wait for car delivery was worth it for the options I could select and the knowledge that it was built just for me and not already thrashed around in dozens of test drives.
@gumerzambrano
@gumerzambrano 2 роки тому
3-5 weeks seems lightning fast in todays market
@RossMalagarie
@RossMalagarie 10 місяців тому
@@gumerzambrano yeah I am in the Colorado/Canyon forum and people have ordered since last Nov, production started Jan 24, and most have still not even heard back when they should expect their truck delivered. So yeah 5 weeks from order to delivery of a personally specced new vehicle delivered to your house, yeah thats great by todays standards.
@lordofthefries4140
@lordofthefries4140 10 місяців тому
​@@RossMalagarie I can tell you that the factory that makes those trucks is working pretty hard, but production levels aren't even close to 2018.
@RossMalagarie
@RossMalagarie 10 місяців тому
@@lordofthefries4140 supply chain problems reducing materials, reducing product output? Less products means less supply and more demand, which means above MSRP?
@lordofthefries4140
@lordofthefries4140 10 місяців тому
@@RossMalagarie There's many factors. Material supply is still tight. Stall in labor negotiations, launching a new product means more products on a limited production line, prioritization of fleet customers, and even weather can all have an impact on when your car is completed.
@bobbrown8661
@bobbrown8661 3 роки тому
Car stealerships make me nauseous.
@be4unvme
@be4unvme 3 роки тому
i went there last week for reg service and told me to change the brakes and rotors on a 20k mile car when i recently changed the brakes 3 momths ago.
@adamc.7795
@adamc.7795 3 роки тому
@@be4unvme So typical! UKposts has become my favorite resource for all things cars and maintenance.
@be4unvme
@be4unvme 3 роки тому
@@adamc.7795 yea it's always been like that for me. I only go to dealership for minor maintenance and everytime I go they think they're talking to a dumb housewife and try to scare me into unnecessary purchases and repairs. That's their bread and butter.
@raleigh2747
@raleigh2747 3 роки тому
The dealerships can only steal from you if you sign on the line though... Take this simple story to prove my point. Your in a town and at the local tavern all the people say that there is a gang of thieves in a particular house in that town, but oddly enough, they will only steal from you if you walk into that house, and then agree to the theft by signing on a written contract... Is that stealing?
@jonecuntapay9561
@jonecuntapay9561 3 роки тому
Our car dealerships in Philippines were strict and professional (yotas, honds, hyuns, kias) heck I remember ncoming with my friend, we went to honda(to buy City not Civic) and has free coffee spot for customers and workers inside the dealership. They even let my friend choose his car's prime color before buying(either they have that already or not) from the showroom.
@swisstroll3
@swisstroll3 7 місяців тому
I used to get a car every year or two. Now I wait 7 to 10 years. It is ENTIRELY due to the hassle of buying.
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