Thursday, February 19, 2009

Get Dealers To Hand You The Absolute Best Deal On A New Car Purchase In 2 Minutes

Taking A Free Service To The Next Level:

Okay, this is really good and works like a charm. And it's incredibly easy ... taking less than two minutes of your time. Sound too good to be true? Well, it's not and smart new car buyers are doing it all the time. You can even test it out yourself even if you're not interested in buying a car right now as a sort of "dry run" for when the time is right for you.

Bear with me for a few paragraphs because I need to explain the background for this technique first.

It's based on a free service we've all probably seen before. Then we're going to add a simple, but incredibly effective, "twist" that turns seasoned Car Dealerships into jello ... and gets you the best possible purchase price.

This Is How It Works Without The Twist:

It's very likely that you've seen "new car quote" services on the big automotive sites such as Automotive.com, Cars.com, Edmunds.com and many others. You know, "Tell us what new car you want to purchase and you will receive competitive quotes from multiple area Dealers" ... or something along these lines.

That's all fine and dandy. Dealers want your business and know you're getting offers from their competitors. They don't want to lose the sale so they give you a very good price in order to be the winner.

Theoretically, what then happens is the car buyer looks at the bids, goes to the Dealership who won the competition, does the paperwork and drives home in their new car.

By itself, this is a very legitimate way of getting a "good" deal ... much better than shopping at a Dealership and hoping you can negotiate something good. Afterall, it's good to have Dealers competing for your business.

But we're not interested in "good". We're interested in "great" ... or even "crazy".

This Is How It Works WITH The Twist:

In order to get the quotes (I'll tell you where in a moment), you're going to have to submit your email address and phone number. Don't worry about giving your phone number. This is a part of this strategy that pays off in a big way, as you will see. But make your "contact preference" email.

You've invested less than 2 minutes of your time (probably about 30 seconds, actually). It's been free and you are under absolutely no obligation of any kind.

So, let's say you now have 3 or 4 bids. The prices already look good to you based on the new car prices you've seen on Autotrader and so forth. But now, you take this a step further.

Why should you accept ANY of these bids? There's no reason to even go with the lowest bidder. Why? Because you can easily make them go still lower.

Here's how:

You'll likely receive follow-up phone calls from the Dealerships. They'll say something like,

"So we gave you an incredible price. When would you like to come in for delivery?"

Your response, nomatter how low the bid, should always be,

"Sorry, while I really want to buy this car, I'm afraid your bid takes you out of the running. If you want to make another offer today, I'll look at it."

Say this (or email it if you don't get a phone call) to every bidder. Trust me, they WANT this sale and you'll now get a new round of even lower offers.

If a Dealer says there's no way any other Dealer can be underselling his price and he wants to see the lower offer in writing, don't play his game. Instead say,

"Look it. I'm pretty happy with the price I've been given. Put yourself in my place. If I give it to you, you'll undercut it by $50 and then I have to go back to him and he'll undercut you by $50 and it turns into a real pain for me. All I can tell you is that if you want to send me another offer, I'll definitely consider it. It's up to you".

You'll either get another offer, or the Dealer will drop out. And when a Dealer drops out, you know you were really getting their best price ... the strategy was working.

The last Dealer standing gets the sale. And believe me, it will be at an outstanding price following this process.

Okay, Here's Where To Do It:

My personal choice is Yahoo! Autos because of their massive Dealer participation and credibility. I also like the fact that they allow you to select the Dealers you want to participate. And they're FREE, of course. So, to get started, just head over to Yahoo! Autos.


Have fun with this!

Source: Auto Broker Magic

Friday, February 6, 2009

Want a Hybrid Vehicle? Good Luck with Financing!

Banks and other lending institutions aren't denying the environmental benefits of a hybrid vehicle. However, sometimes they're denying the financing for them, particularly to people with poor credit. Car loans, like home mortgages, are getting tougher for people to find.

What's the latest victim of the global economic crunch? Auto loans. Car dealers who thought that they might have escaped the aftermath of the crumbling banking industry are instead finding that they're caught in the middle of the meltdown. Car loans are difficult to finance these days, especially for people with bad credit. That's hard to take for most Americans, particularly those who wanted to buy a hybrid vehicle to cut emissions and save on gas.

Spending to save at the pump


Hybrid vehicles have become all the rage, and it's not because of their looks or handling. Prices at the pump have redefined what's desirable in an automobile: SUVs are out, and low-emission hybrid vehicles are in.

The switch to fuel-efficient vehicles can be attributed to two kinds of green movements. The first is concern over the environment. More people now understand the correlation between auto emissions and greenhouse gases, and they're taking action to reduce their carbon footprint.

The second concern is a lack of green in the wallet, particularly after a visit to the gas station. The rising costs of fuel are redefining our tastes in automobiles in terms of economics. The exceptional gas mileage of a typical hybrid far outperforms the mileage delivered by a conventional automobile.

Lagging auto loans


The auto industry has felt the pinch of a poor economy for the last few years, but the credit crunch has caused some significant pain as of late. More auto dealers are reporting problems financing potential buyers who have poor credit. It's hard to complain about the financial fact that people who have bad credit aren't getting loans; it was their ability to get mortgage loans that caused this credit mess in the first place.

Unfortunately, it's now becoming difficult even for people with good credit to get qualified. Difficult, but not impossible. The financing process is just more time intensive, and more thorough. In reality, this is the way banking should be. Credit worthiness is a privilege, not a right, and people should only be qualified for what they can afford. Taking the time to carefully scrutinize loan applicants may not be the best news for car dealers, but it's a sign that a degree of fiscal sanity has returned to the lending industry.

The auto industry, much like its housing counterpart, has enjoyed a spectacular ride during recent years, thanks to easy access to credit. That easy money has resulted in some serious pain for everyone from Wall Street to Main Street, and redefined the lending landscape. Car loans won't be made available to you unless you have your financial house in order. In other words, your credit needs to look great if you want to do some good for the environment.

Source: Mortgage Loan