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Featured on ABC-TV!
"...a valuable addition to any consumer's library."
--MOTOR TREND
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By consumer advocate & auto
expert Mark Eskeldson
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Would you rather have a root canal
than negotiate with a car salesman? If so, what should you do? Pay retail just
to avoid the hassle? Or is there an easy way to buy a new car for the lowest
possible price? Should you buy or lease? What's the real dealer's cost
on a car--and how much should you offer to pay? What's a good price on an
extended warranty, or should you even buy one?
The
answers to these questions--and many more--can be found in the ultimate "buyer's
book," What Car Dealers Don't Want You to Know. You'll not
only learn the dirty tricks used every day to rip off unsuspecting buyers, but
you'll also learn how to buy new cars at big discounts. Smart buyers do
this all the time--and that's what the dealers don't want you to know.
Leasing: The New Car Scam of the 90's?
In February of 1995, ABC's PrimeTime
Live did a show on auto leasing titled, "The Best Deal?" A female
reporter went undercover, with a hidden camera, to see what would happen to
several female "buyers" when they went shopping for new cars. Their
stories, along with video-taped conversations with salesmen, revealed outrageous
attempts to mislead and overcharge on new-car leases.
Out of ten dealers that were visited, five tried to talk shoppers into
leasing instead of buying. The undercover shoppers were offered leases that sounded
great--lower interest rates, lower monthly payments, and less money down.
However, when the leasing deals were analyzed by several experts, a number of
attempted overcharges were discovered: $2,100 on one lease, then $2,600 on
another one, $3,000 on a third, and a whopping $7,500 on a fourth. Five leasing
deals were offered to the shoppers and all five contained attempted overcharges
totaling $26,400.
Were these
just isolated cases, or part of a much bigger problem? According to Florida
Attorney General Bob Butterworth, it's a national problem. A two-year
investigation into leasing fraud by his office found flagrant rip-offs in
several thousand leases. As a result of that investigation, a major new-car
distributor and fifty-five dealers in that state agreed to set up a $4.5
million restitution fund to settle complaints regarding past leasing
practices. Similar investigations are under way in other states.
More Leasing Secrets
More Car-Buying Secrets--
Learn how much--or how little--people
are actually paying for the same car and how to buy it yourself at a big
discount. Of course, you'll also learn the truth about "dealer's cost,"
which is often less (sometimes much less) than "dealer invoice."
Resources are listed for all the information you need to get the best deal on
the right car.
For those of
you who hate negotiating, you'll also learn which car buying service
consistently gets better deals than the others. (For their customers, getting
new cars at--or even below--dealer invoice is fairly common.)
Extended Warranty Secrets--
You might think a dealer's price for
an extended warranty is too high, but how do you know what it's really worth?
Many people have paid $1,500 to $2,500 (or more) for warranties that may have
cost the dealer as little as $300. Worse yet, some people are sold "Brand X"
warranties for $1,000 to $2,000 that turn out to be worthless when they try to
use them.
In this book, you'll
learn the dealer's cost on many popular factory warranties--and where to buy
them at big discounts (often around $400 to $800). Included: All
Ford/Lincoln/Mercury vehicles, all GM vehicles (except Saturn), all
Chrysler/Dodge/Plymouth/Jeep/Eagle vehicles, all Nissan vehicles, and all Toyota
vehicles. Reliable and inexpensive (insurance-backed) warranty information is
also included for all new and used vehicles, usually priced around $400 to $600
with low deductibles.
What Car Dealers Don't Want You to Know
If you don't know the secrets revealed in this book,
you will
pay too much for your next new car or truck.
Table of Contents
- Leasing: The New Car Scam of the 90s
- When Leasing Makes Sense; What It Should Cost
- The Truth About "Dealer Cost"
- "The System": How Dealers Make Money
- Tricks Salesmen Use
- Extended Warranties: Extra Protection or Extra Profits?
- Financing: Facts & Fallacies
- Your Old Car: Trade-in Tips
- One-Price & "No-Haggle" Dealers
- Timing is Everything: When to Buy
- Homework for Car Buyers
- How to Negotiate
- CarBargains: A Shortcut to Savings
- Auto Brokers, Car Buying Services, & Membership Clubs
- Your New Car: Taking Delivery
- Complaints, Lemon Laws, & Other Recourse
- Tips for Used-Car Buyers
- What Insiders Have Said
- Dealers & The Media: Blackmail or Censorship?
- Worksheets
- Payment Tables
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Paperback, 202 pages
Published September, 1997
New discounted
price!
Ordering Information
Copyright © 1998-2008 by Technews Corp.