...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...
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