5 Expert Tips to Outsmart Car Salesmen and Get the Best Deal

TLDRLearn how to confidently navigate a car dealership and get a great deal with these 5 expert tips: start on your own turf, keep your trade-in to yourself, beware of false advertisements, know the difference between price and payment, and shop at multiple dealerships.

Key insights

🔑Starting on your own turf gives you the upper hand in negotiations.

💰Don't disclose your trade-in until the appropriate time to get the best deal.

🚫Be wary of false advertisements and gimmicks used by car salesmen.

💸Understand the difference between price and payment to avoid manipulation.

🔍Shop at multiple dealerships to find the best car and deal.

Q&A

When is the best time to bring up a trade-in?

The best time to mention your trade-in is when you have decided to buy the car the dealership is offering you.

Are dealership tent sales and off-site sales trustworthy?

Dealership tent sales and off-site sales are often used as tactics to take advantage of customers. It's best to avoid them.

How can I protect myself from getting fixated on monthly payments?

Know the difference between price and payment, and focus on the total cost of the car rather than just the monthly payment.

Is it necessary to shop at multiple dealerships?

Shopping at multiple dealerships allows you to compare prices, inventory, and options, giving you more negotiating power.

Why is it important to know what you can afford before visiting a dealership?

Knowing what you can afford prevents the car salesman from convincing you to spend more than you should. It helps you stay within your budget.

Timestamped Summary

00:00In this video, you will learn how to outsmart car salesmen and get the best deal.

01:30Start on your own turf by communicating with dealerships through emails, phone calls, and text messages before visiting in person.

03:14Keep your trade-in information to yourself until you're ready to negotiate the deal.

06:03Be cautious of false advertisements and gimmicks used by car salesmen to lure customers.

09:00Understand the difference between the price of the car and the monthly payment to avoid being manipulated.

11:40Shop at multiple dealerships to compare prices, inventory, and options before making a decision.