Dealerships Fair Market Value Manufacturing 
Shawn Ryder
JANUARY 17, 2025
Understanding Negative Equity Negative equity, also referred to as being “upside down” on your loan, occurs when the amount you owe on your vehicle exceeds its current fair market value. This often arises from: Rapid Depreciation: Vehicles typically lose value quickly, especially in the first few years of ownership.
Shawn Ryder
JANUARY 24, 2025
This blog post delves into the intricacies of dealer discounts, the mechanics behind them, and whether they are indeed strange or simply a part of standard dealership practices. Understanding Dealer Discounts Dealer discounts refer to the price reductions that automotive dealerships offer to encourage sales.
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Car Examer
NOVEMBER 5, 2024
Consider Buying from a Private Seller or Smaller Dealership While big dealerships often come with more options, you may get a better deal from private sellers or smaller, independent dealerships. Private sellers usually list their cars for less, and smaller dealerships may be more flexible on price.
Shawn Ryder
JANUARY 18, 2025
Understanding the Components of an OTD Price The OTD price can be broken down into several components, which can vary by location and dealership: Vehicle Price: This is the base price of the vehicle you are purchasing. Dealer Fees: Also known as documentation fees, these charges can vary significantly from one dealership to another.
Car Examer
AUGUST 18, 2024
This comprehensive guide will walk you through the steps of negotiating a car price, whether you’re buying a new or used vehicle, ensuring that you leave the dealership with confidence and satisfaction. Do Your Homework: Research and Preparation Before stepping into a dealership or contacting a seller, it’s crucial to do your homework.
Shawn Ryder
JANUARY 22, 2025
Look into your bank or credit union rates, as well as dealership financing. Local Market Pricing Investigate local market prices for the vehicles youre interested in: Use price comparison websites to track fair market value based on your location. Financing Options: Explore different financing options.
Shawn Ryder
JANUARY 17, 2025
Credit unions often provide competitive financing rates that can enhance your negotiation power at the dealership. This blog post delves into how to leverage a credit union and navigate negotiations with car dealerships effectively. It can streamline your dealings with dealerships and instill confidence in the negotiation process.
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