Car Buying Revealed: How to Buy a Car and Not Get Taken for a Ride

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Author: Brian Munroe

ISBN-10: 160037400X

ISBN-13: 9781600374005

Category: Automobiles

...then you need to read this book right now and do everything it tells you to do. Car Buying Revealed contains all the information that car dealers do not want you to know and have kept secret for many, many years. The code of silence is now broken. This information is now available to you, the everyday consumer.\ Brian Munroe has revealed so much inside information about the car business that he can not reveal his true identity out of fear for his safety. There are great deals of people in...

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Foreword     xi\ Doing your Homework     1\ Determine Your Needs and Wants     1\ The Four Main Factors To Look at When Buying a Car     3\ Foreign vs. Domestic     6\ Demo Units and Leftovers     11\ What You Can Afford     13\ Research your Car     19\ Holdback     20\ Rebates     23\ Shipping Charges and Dealer Incentives     25\ Floorplan     27\ Supply and Demand     29\ Credit Report     31\ Checklist     32\ Show Me the Money!!!!     35\ The Process of Buying     35\ Your Arrival at the Lot     35\ "The Bump"     37\ The Test Drive     40\ Getting the best price     42\ Administration fees     46\ Creating Competition     47\ Finding the best deal     48\ 0% Financing     50\ Down Payments - The Good, the Bad and the Ugly...     52\ Collecting your information     55\ Sealing the Deal     59\ Here is Where the Real Fun Starts...     63\ The Business Manager     63\ F&I contributions todealership profits     65\ Financing (Bank or Credit Unions?)     69\ How the dealer profits from financing     71\ How the Business Manager does his "setup"     76\ Sales Pitch     78\ Payment Packing     83\ Extended Warranties     85\ Life and Disability Insurance     92\ Gap Insurance     93\ Tire and Wheel Protection     95\ Window Etching     96\ Paint and Fabric Protection     96\ Lo-Jack     98\ Prepaid Service Plans     101\ Alarms and Remote Starters     103\ Bank Fees     104\ The "Spot Delivery"     105\ How Much is Your Car Worth????     109\ Trade-ins     109\ Value of your trade-in     116\ The 100,000 mile problem     119\ Selling your car privately     119\ Donating your car     121\ Online Auctions or Ads     122\ Pricing Strategy     123\ You Take the Good, You Take the Bad...     125\ The Power of the Survey     125\ Finance vs. Lease     128\ Buy New or Buy Used?     141\ How 9/11 changed the used car market     145\ Odometer Fraud     147\ CARFAX Reports     148\ Flood, Salvage and Damaged Vehicles     149\ Factory Certified Used Cars     154\ Buying a car by email     156\ Buying from rental car companies     158\ Government Auctions     159\ Wholesale Auctions     160\ Buying from a Wholesale Club     162\ Buying a used car from a used car dealer or a new car dealer     163\ Secrets You May Never Have known about     167\ The Hidden Cost of Paying Cash     167\ Bad Credit     170\ How to fix your credit     176\ But here, Pay here     179\ "No haggle" or "One Price" dealers     180\ Gas vs. Hybrid     183\ When is the best time to buy?     186\ The Bad Car Cycle     189\ Dealer pay plans     190\ Problems with the dealer after the sale     192\ What to do after you buy the car     194\ Final Checklist     196\ Glossary of Terms     203\ Brian's Recommended Websites     209