Sunday, November 21, 2010

How to Avoid Auto Dealers Fraud

Buying a new car or a used car is a long term investment. Hence, we have to be aware of the manipulations done by the car dealers. This will help you to save your money and also will prevent you from getting caught in the auto dealer’s fraud.

Tips for avoiding auto dealer fraud are enlisted as follows:

  • Develop and maintain a good relationship with a mechanic. A mechanic provides you the accurate information about different cars, its specific problems, and the manufacturer of the car.
  • Avoid purchasing the car in a hurry. Gather all the possible information about the car and reaffirm that the car purchased by you is a safe and reliable car.
  • Before purchasing a car, check out its price, warranty, and mileage. Beware of the manipulation done by the car dealers. This would assist you to identify any frauds done by the car dealer.
  • Dealers carefully represent that they are in the best interest of the customer and arouse your need of extra features in the car. Avoid opting for such extra features and beware of these techniques of the car dealers.
  • Car financing could be done through banks or credit cards. This would assist you to purchase a car and also have a control on the final negotiation about the car price.
  • Some car dealers offer different types of warranties to its customers. Check out clearly in the warranty papers what exactly is included. Some auto dealers increase the final sales price of the car by including its features and add-ons. In order to be aware of these additions, the buyer should take a copy of the warranty home and read it carefully.
  • Once all the details in the warranty are checked out, then make sure that the warranty is duly acknowledged and signed by the authorities’ representatives of the car dealer.
  • Take a test drive of the car before finalizing the purchase of the car from the car dealer. Check and confirm for yourself whether the car is in good condition. Reassure about the car model with the mechanic, discuss its features, and then decide the final price.


Post a Comment