3 Must-Know Tips to Save Thousands at the Dealer

[@bigdog1150]

I saved $50K on a new car purchase earlier this year ... I walked out of the dealership.

[@AndersonPoliard]

😂

[@jimgrant4348]

What about special interest rates from manufacturers? My new Subaru rate was 1.9%, credit union was 5.7% and bank 6.9%.

[@chrisforker7487]

Couldn’t have been said any better about banks!

[@chrisforker7487]

Love your videos and energy!

[@JohnNorris411]

Easy to save big at the dealer, 1. Do not trade in to the dealer, sell your old car yourself. 2. Do not buy any addons or pay any fake fees. 3. Do NOT finance through the dealer, if they can finance you then you qualify to get a loan directly from the bank yourself, the dealer is just going to get the loan from the bank for you and act as a middle man and add on a few percentage points for himself to the Intrest rate.

[@ChevyDude]

Do you not think your loan officer at your bank or credit union marks up the rate too?

[@jewelsbaby2449]

@@ChevyDuder we cr

[@JamarD421]

​@@ChevyDudeTHEY DO? At least it will be better than what the dealer may offer right?

[@johnmero4349]

Spoken like a true car salesman. Always go look at the car first. Always. Especially for a used car. And take it to get checked out by an independent mechanic before you sign anything. Mike still gives advice to make it easiest on the salesperson.

[@LCJammer]

depends on the dealership most won't let you take that used car off the lot to get it checked. carmax and carvana have 7-10 day return policy which you can take it to indie shop to get inspected and if you do find issues you can have them fix it under the limited warranty.

[@evildog7756]

Perfect example thank you the timing belt

[@Me_Me_J]

So much Info the I have to watch this video twice. Take Notes

[@alaskaaudioguy35]

So the option to shop around is hard in my area Alaska some brands their is only one dealer in the state and to ship a vehicle from out of state cost a lot. What advice do you have.

[@GirlDad189]

If I don’t go to the dealer and how do I test drive?

[@malindawilliamsreaves1904]

If I don't go to the dealership how can I know if I liked the car prior to negotiating

[@ChevyDude]

You can go to the dealer to test drive. You just do not ever negotiate at the car dealership.

[@jbs2763]

For pre approval is USAA a good one to start with?

[@jorjito5587]

I save thousands every year by still driving my 33 year old car that I ve had for 8 years

[@kabloosh699]

But Mike, what about test drives? It's nice to see the vehicle you're scoping out in person first. Just don't entertain working a deal that day unless they make the deal too good to refuse I suppose.

[@MilsurpMikeChannel]

This right here... buying something that costs several months of salary sight unseen allows dealerships to hide a lot.

[@alaskaaudioguy35]

No installers in Alaska

[@elliottjameson5405]

One last question, Do we absolutely have to get the timing belt done at 100K? Can we go over it at all? The dealership said it would take about 4 hours to change my timing belt. I just don't want a backyard mechanic doing it. At least if i go to Honda to change my timing belt i assume it has a warranty and they do them all the time and shouldn't have any issues i would think. Thank you. Enjoy your channel.

[@ckm-mkc]

Don't go much over, I change it before the deadline since, if it breaks, it typically means a new engine. Also, you don't have to go to the dealer, a good independent specialist can easily do it. Use review sites (Yelp, Google reviews) and brand specific forums to find a decent independent - or friends & family. And, just so you know, most mechanics at dealerships aren't that good - once they gain experience, they typically leave or start their own business.

[@ChevyDude]

The above comment is pretty dead on. I would not go past 10 years or 100k Mies. To much risk of a very expensive repair. If you find someone who does timing belts a lot you’re good. A dealership is going to cost 1500-3000. A independent shop under 2k.

[@elliottjameson5405]

@@ChevyDude Thank you I appreciate it.

[@elliottjameson5405]

@@ckm-mkc Thank you I appreciate it.

[@eastcoaster89]

The dealer always says they need to evaluate my trade. I want a price before I go. How do you handle this. Thanks

[@Bluedreamflying]

I’ve been watching Tomi work deals on KZbin, a lot of dealers won’t even give a price over the phone, much less negotiate.

[@donhebel1011]

Most will be calling you back soon...if you show any interest, they will follow up and likely deal over the phone. If the dealer is smart in today's market , you will hear from them begging to serve you.

[@nvragn]

Please I'm dead serious I have been wanting to get that ceramic coating on my pickup. It's a goat but only because I was dead set on a 2dr and the only gm's I could find were work trucks. Been a gm guy my entire life. It broke my heart but when you are old like me you need those options. But ya I'm serious do you know of any good places up here? In the Toronto area?👍🇨🇦🔧

[@elliottjameson5405]

Back before Covid, every Honda Accord i bought i got it at 18 percent off the sticker out the door. This dealership is in Virginia and used to have football fields of cars. I alwys got .09 percent for 5 years everytime. I would hate to go and buy a new car now. I will never ever pay sticker and above. I have 78K on my Honda Accord Coupe and i will drive it till it wont run again. Never to have car payments again. I also learned never deal with the Internet Salespeople. They dont seem as flexible as a regular salesperson. Just my experience.

[@TheIronChainMaster]

I never paid sticker on a car EVER! would I give them more? 🤔

[@bigsmith7349]

Mike would you recommend ford flex buy ?

[@martinez4baseball]

Need another update on car market

[@KA9DSL]

$5000 off when the price was raised $5000. That's not a deal. Keep on swimming, keep on swimming.

[@robertclubs9908]

Thanks again for your information.

[@woodrowbunopaddle]

8:12 .. Year 2011 ,then we go back to the year 2000 ,disrupter ? " there are some bad advice out there"?

[@1tomatera]

At 1:50 in you say value dealership instead of volume dealership. Not that I’m nitpicking. Oh and Mike there’s a stain on your shirt.😂

[@GEORGIABOY23]

Starting to think Chevy Dude is Crip.😂

[@roycervantes1341]

Yeee Yeee

[@Me_Me_J]

6:43

[@jbs2763]

We’ve got a chain of dealers up here in Indy that advertise lifetime warranty as long as you get every single service done there

[@woodrowbunopaddle]

Beware SB3 coatings is "meh" If you pay they call you a "surface specialist". And a 3rd party warranty isn't what it's cracked up to be...buyer beware !!!

[@JeffSullivanLLC]

I have a question. When a dealer shows us the invoice, is that exactly how much they paid? I have always heard there are more than 1 invoice. Also when negotiating, would you start at say $500 above invoice? You know they will always says thats too aggressive and not a fair price. I believe in making a profit but not gouging people. I hate i mean hate going to buy a new car. Not saying you but others will look you inthe eyes and some will say we are losing money on this sale. I always respond i bet you are losing Money. Look at how nice the dealership is. So is there 1 invoice if so, where would you start your negotiation? Thanks 🙏

[@danfischer518]

And I am the first one here! Have a great day! 😊 Tami F.

[@woodrowbunopaddle]

I can't seem to understand you. It's not the car jargon ,I understand that ,it's the words.

[@ChuckP25.]

Your Car Haggler.

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