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The "Real Truth" About Car Sales People

By Shawn Couch, published Aug 23, 2007
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I am a retired business owner and now sell cars for a living. I have been doing so since 1998. Just like many of you, I have read numerous articles on ways to beat the car sales person. As I read the articles from people who declare themselves to be former car sales people, all I can honestly do is laugh at their verbiage. Just by reading their articles, I can figure out that they tried to make it a career, and for whatever the reason, they simply didn't make it. The day of the fast talking sales person is over! Just like modern day society with all of its technology, the present day car sales person has progressed too. Before I go any further, I am only speaking of dealerships and not a used car lot, by that I mean, what we (car sales people) refer to as a dirt lot. Just like in any job, car sales people have to be trained. Yes, we do learn ways to make the sale, but more so, trained in the product knowledge. Hours upon hours is spent studying our product! For many of us, we have to take test after test to be certified by the manufacturer in order to sell the product.

What many of these so-called "experts" failed to mention was the simple fact that in 2006, auto manufacturers reduced the MSRP. Manufacturers Suggested Retail Price. By doing so, many of the manufacturers who offer rebates, also lowered the amount on a rebate while the actual cost of the vehicle remained the same. There will soon be a time that the word "rebate" will no longer play a part in the automotive industry. On behalf of most car sales people, we wish that day were already here.

Takeaways
  • The truth about car sales people!
Comments
Comments 1 - 4 of 4
 
 
The only savings a cash customer obtains is the savings he/she will save by not having to pay ANY interest rates! That's the savings, but the value of the vehicle is still the same, regardless if you pay cash for it or finance it.

Posted on 09/08/2007 at 4:09:00 AM

 
You seem to be so sure of yourself HB, that it is almost a shame to point out that you are incorrect... Almost but not all the way. The cash price and the finance price are the same. It is really very simple. If you purchase a sweater at your local store and the tag says $10.00 you will pay the same cash or credit. The additional costs of the sweater just like a car are paid to finance institutions, charging you for the privilege of not having to pay for something all at once. This has no bearing on the initial cost of said product whatever it may be. If there was no advantage to a dealership in providing you financing they would advertise "Cash Deal Specials" which I assure you, will NEVER be found on a legitimate Dealership Lot. The only thing accomplished by a person paying cash is they just paid full value for a product that is only going to lose value it is not a house that will gain in value. Buy things that gain in value rent/lease things that lose value. It really i

Posted on 09/07/2007 at 4:09:00 AM

 
Regardless if you can afford to pay cash for a vehicle or have to finance it, the dealership still gets paid. There are NO special prices for those customers paying cash. It's as simple as that!!!

Posted on 08/30/2007 at 4:08:00 AM

 
You will get lower price if you pay cash it is very simple.

Posted on 08/27/2007 at 3:08:00 PM

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