Monthly Archives: January 2012

DOWN PAYMENT – PART 2

The other gimmick used to work you over is the rebate. This scheme works well when we know you’ll most likely be light on the down payment. Manufacturers usually offer either a low APR or a cash back rebate. You … Continue reading

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DOWN PAYMENT – PART 1

There are several ways to put you together with the down payment. The first is the “I can only get your financed with $XXXX down.” gimmick. Sometimes that is true. Some lenders specify how much personal investment they want from … Continue reading

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Let’s Be Realistic…

I’ve given you a lot of tips on how to avoid getting taken for a ride when buying a car. But this week I want to focus on something that will help you in negotiating a decent price for your … Continue reading

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FTC – New Regulations for 2012? (Final in 5-Part FTC Series)

My hope is for the FTC to use all the information they collect to create new regulations regarding predatory dealers and financing. They are needed to protect you. More and more dealers are now becoming honest and trustworthy. However, there … Continue reading

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THE FTC – Dealer Practices – Part 4

The FTC is looking into dealer practices when it comes to the contract. In particular, dealer add-ons and how they’re hidden in the price of the car, or in the payment. Full disclosure is the only way a dealer with … Continue reading

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