The Truth About Out The Door Price Deals and Why They Can Cost You More

TLDROut the door price deals may seem like a time and money-saving strategy, but they often lead to spending more in the long run. This video explains why out the door price deals take longer and result in higher costs for buyers. It also provides insights on what buyers should ask when considering out the door price deals.

Key insights

📉Out the door price deals can lead to spending more money in the long run.

💰Buyers often end up paying more than they would have otherwise with out the door price deals.

📝Communication about out the door price deals is often unclear and can lead to confusion.

🤷‍♂️Car dealers have control over the negotiation process and determine the final price.

🏢Simplifying the deal to an out the door price can make it more difficult to compare offers and get the best price.

Q&A

What is an out the door price?

An out the door price is the final price a buyer would pay for a product or service, including all fees and taxes.

Why do out the door price deals take longer?

Out the door price deals often involve multiple variables, such as sales tax and other fees, which need to be calculated and agreed upon.

Do all states charge sales tax on out the door price deals?

Sales tax on out the door price deals varies by state, county, and local municipality. Some states do not charge sales tax on certain items or transactions.

Can out the door price deals save money?

While out the door price deals may seem convenient, they often result in higher costs for buyers in the long run.

What should buyers ask when considering out the door price deals?

Buyers should ask about all the variables included in the out the door price, such as fees, taxes, and any additional costs.

Timestamped Summary

00:00Introduction to the topic of out the door price deals and its potential drawbacks.

04:31Explanation of why out the door price deals can lead to spending more money.

08:17Discussion on the complexity of communication and calculations involved in out the door price deals.

13:02Insights into how car dealers have control over the negotiation process and determine the final price.

17:45Advice on what buyers should consider and ask when considering out the door price deals.