Edmunds: Confessions of a used car salesman

Non-repair car talk
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kevm14
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Joined: Wed Oct 23, 2013 10:28 pm

Edmunds: Confessions of a used car salesman

Post by kevm14 »

This is a great read. Old but great read.

Premise: Edmunds employee goes undercover and actually works at two types of car dealers: a Carmax-type place and a new car dealer.
Original: http://www.edmunds.com/car-buying/confe ... esman.html

Updated: http://www.edmunds.com/car-buying/confe ... -2009.html

From the updated article:
What Car Shoppers Hate
To provide a more specific answer about what has and hasn't changed, I made a list of the things that irk car shoppers. It boils down to these five "pain points."

1. I can't get a real price for the car I'm interested in buying.
2. I hate negotiating.
3. I don't like waiting while my salesman takes my offer to "the boss."
4. I hate feeling pressured and manipulated.
5. The sales pitches for additional products and services in the finance and insurance office make me uncomfortable.
So...yeah these are pretty universal, aren't they? Literally all of those.

All that said, I think these really apply to the used car buying process. Buying new cars isn't that profitable on the whole, and it is pretty easy to get a decent price with a variety of tools and methods. Used cars, however, are a total crap shoot. You don't know what they paid. There is no "invoice" that you can look up for a used car. You can look up wholesale value I guess.
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