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There are lots of great people out there ready to help you out with your car buying process, but that doesn’t mean there aren’t also plenty of people out there looking to take advantage of unsuspecting buyers and utilize dealership scams.
From “bait and switch” offers to phantom extended warranties, there are all sorts of scams that can cost you time, money, and stress. In this blog post, we’ll run through 9 of the most common dealership scams so you can be prepared the next time you’re in the market for a new vehicle.
1. The Extended Warranty Scam
An extended warranty is basically insurance for your new car; if something goes wrong with it, you’re covered. Many dealerships will try to sell you an extended warranty when you’re buying a new car, often saying it’s required by the manufacturer or offering it at a discount if you buy it right then and there.
In reality, however, dealership extended warranties are almost always a waste of money since most new cars come with a factory warranty that lasts for several years anyway. And if something does go wrong with your car outside of the warranty period, you can invest in a third-party warranty to protect your car. Just be sure to read Endurance Warranty reviews to make sure you know what you’re looking for.
2. The Bait and Switch
This is perhaps the oldest trick in the car salesman playbook. You walk into a dealership intending to buy a particular car, only to be told that it’s just been sold, but they have another car on the lot that’s very similar and would be perfect for you.
The bait-and-switch is an attempt to get you to buy a more expensive car than you had originally intended. If you find yourself being steered towards a different car than the one you came in to buy, politely excuse yourself and walk away.
3. The Low Ball Offer
When you’re trading in your old car as part of the deal for your new … Read More
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