5 Money Saving Car Buying Secrets Dealers HATE you knowing

[@ChevyDude]

Hop on Amazon and send a toy for our toys for tots drive. 8379 State Rd. 64 Georgetown, IN 47122.

[@drift6785]

I love these tips for car buying and keep it coming. But I also miss those day in the life videos of you in your dealership

[@tommyross1477]

I really appreciate your candor and videos. I’d absolutely come buy all of my cars from you if I lived in your area!!👍🏼👍🏼

[@wallebo]

Great tips, Mike. Looking forward to each new video.

[@scotlawrence]

IMO the only good thing to come out of the covid years was: the ability to negotiate a new car 100% online! My wife and I bought a new Subaru Crosstrek in 2021, and a new Toyota Corolla in 2024. Each time I emailed five to seven local dealers and spent time negotiating with them totally via email. Did 90% of "what car do we want" research online first, narrowing it down to only one or two models. Then we only physically drove to a dealership twice: First to test-drive, to confirm the specific model and trim line we wanted. (Then all price negotiating by email) then went to a dealer a second time just to pick up the car. Each time we got a very good price, in the top 10% "best price" for that model according to KBB and other online sales data. It's the only way I will buy a car from now on! 😊

[@nomanrafiq1000]

I have been negotiating for cars online for ivermectin a deade now. I only buy toyotas or hondas.

[@XX-166]

And you probably paid too much for it… they were in control in all ways in the Covid times but if you think you got a good deal that’s all that matters

[@scotlawrence]

Apparently you didn't read my entire post. ;) I know for a fact I got a very good deal, top 10% of best price paid. For two reasons: 1) I worked with every dealer within a 70 mile radius, and bought from the one that offered the best price. And 2) it's very easy to see, from multiple online sources, what everyone pays, nationally, for a specific car, and where your price falls in that range. So yes, I'm very well aware of how good a deal I got, that information is very easy to find.

[@XX-166]

@ you got bent over the desk in the stealership… it’s ok

[@wallebo]

Very good to know. Things have changed since I bought my last car in January of 1989.

[@TAmattdamon]

I remeber in walking into dealer in my retail work gear to buy a new 2016 civic the honda dealer came down to 18,840 on my civic lx and i agreed to the price then they sent me to finance and i said i will just get a bank check to pay for it, they looked at me like i just slaped him lol

[@robertfuller6084]

Having worked in a Chevy dealership service department, I will never buy the first year of a new model or redesign. Their are always bugs and issue that are worked out in the first year. I have personally seen this working in multiple different brand dealerships in the Service Department.

[@justacinnamonbun8658]

This guy gives out good car advice but he also gives out bad car advice as well.... There is an obvious slant to sell cars here.

[@DGFJR123]

yeah I couldn't believe he said that, as the new Traverse is having recalls everywhere, and the trucks are close to half a million recalls for the new models.

[@db869]

If a new car dealership is offering 0% financing, that is an incentive that may be worth considering during the promotion timeframe. I have purchased several vehicles over the years that were literally vehicle price + tax/title/license, then divide by 60 and that was my payment. I'm glad I didn't buy a first-year Ford Maverick truck. Those things were recall disasters!

[@Foxhole1776]

Duh

[@matw1x]

This guy gives the most practical tips for getting the best car deals possible. A truly stand-up guy. Thank you, Mike!

[@Skopper1]

@Chevy Dude I'm a longtime fan and subscriber, but I have to say I'm not a fan of your recent formulaic videos on what you should and shouldn't do or what dealers want to hear. I want to hear about your business, like it used to be!

[@metfish]

Probably doesn’t have a lot to tell his viewers about his dealership….

[@XX-166]

All information benefits the consumer

[@fngonzo]

I bought my truck using dealer finance and paid for it 3 months later. The reason I used dealer finance was to get my good credit rating a little boost. The point is that when the dealer told me that my payment would be over $400, my reaction was, "That is too high." He was shocked. I told him I wanted to be about "$300". His retort was, "But we estimate that you can afford about $700 a month." I asked "Would you let the bank tell you what you can afford, when they don't know your daily life or goals? Are they in a better place to tell you what you can afford than you?"

[@LukeO-1234]

I had someone try to sell me the extra warranty, on a 2020 Acura with 5,000 miles. She was all oh these are so reliable and then drops that on me. I said, okay you're telling me it's super reliable, the other guy says oh it's such a complex car who's the liar? They looked at each other and said let's just get you on your way

[@glynnhebert7573]

Pal, a $300 payment is history unless you are paying about $10k.

[@burkepete110]

Pay your bills on time. Carryover no balance on credit card. Forget your credit score because it will be fine.

[@johngibbs7166]

What happened to your car salesman? He doesn’t come out on videos anymore.

[@civicsport702]

Good question. Probably quit, i dont blame him

[@drift6785]

For what it's worth. He's still there in this video

[@TheBluuHouse]

Where is grant and Mrs. Chevy dude? Haven't had original video in a while

[@DGFJR123]

​@TheBluuHouse I mean Mrs Chevy Dude snuck in the bathroom halfway through this video. maybe she's still in there?

[@itsOasus]

Isn't it true though that its typically better to try to buy a car at the end of the month, or even the end of the year because car salespeople are trying to make their EOM/EOY sales targets?

[@glynnhebert7573]

Any time of the month/year is a good time to buy a car. Don't be fooled and listed to the hype.

[@Dutch1982]

Mike, could you do a video on German cars and fuel? I’d like to get an X5 but not interested in a premium mandate.

[@MilsurpMikeChannel]

How dare you besmirch people's religions... whether they celebrate Toyotathon or Happy Hondadays.

[@dennislippert8875]

2005: Employee pricing for everyone! I bought a Cobalt. $18k car for $12k after the incentives and my GM Card earnings. NEVER buy a car based on price. LIKE THE CAR first! I hated that car basically from day one!

[@brianadams6204]

I Just got preapproved yesterday at my credit union for a $25k used car loan at 6.99% interest but after researching online I'm finding the average price for what I'm looking for is around $32k to $34k I plan on putting $3k down so now I'm debating whether to go to the bank and up my loan amount by another $5k. Iknow it will not be a problem I have a 740 credit score.

[@batsonelectronics]

your credit score is only 1 factor. Your debt to income level is huge as well as your income in general. If you make 5k a month but your credit report shows bills at 4k a month, you don't get a 1000/month payment, more likely $300. Having a 740 FICO won't matter.

[@brianadams6204]

@@batsonelectronics I Have a very low debt to income ratio my debt is around $1,100 mo and my income is $9,800 a month take home.

[@JimThompson-i3u]

New car payment + new car insurance = you can't afford it right now.

[@Todd19955]

Great Video Mike! The shutting of the door at the beginning of the video gets me every time 😂

[@glynnhebert7573]

Your content is quite contrary to when you were selling new Chevys. You, yourself, know who were rewarded in commissions with the "back-end" products.

[@certified68crazy3]

Riiiight....Ask the people that bought first year GM\Ford ten speed transmissions... First year spray in cylinder liners in Ford 2018 F-150's Pay to live at the dealers for the latest and greatest ?? Thanks but NO thanks...

[@chrisforker7487]

Great educational content! Thanks!

[@davidpeters9343]

Another great video as always and I enjoyed it and u always give some great advice thanks for sharing mike keep up the great work much love to ya have a good one take care god bless see ya on the next one

[@HelpEveryOne007]

nice

[@rickyarmstrong9267]

I can not believe anyone is buying a new car at the price they want to get for the new ones that cost over 1000k just to replace the water pump

[@jerseyforhawks]

Do the Toys for Tots program !

[@raymondebert180]

I am old I remember that the Chevy Vega won motor trend car of the year in it first year 🤷🤦

[@johnlacroix1639]

WOW amazing TY so much ,,Keep up the great work

[@bdo9114]

The awards are based on style, electronics , handling, not if the company really built a solid vehicle that might last 5 years.

[@chuckb.5076]

Awesome info! You always five to us straight. Thanks.

[@suzrmx250]

Get all of the trash add ons taken off and a bottom line that you can deal with written down and take it to you're bank . Don't let them pencil whip you

[@rico1217]

When you question the idea of not buying a car the first year of the model produced, are you cross-referencing the amount of recalled and known issues of said given year? Most recalls of a car during a model change generally occurs during that first year of the model change.

[@1VaDude]

The traditional "brick and mortar" franchised new car dealership model is outdated, has a ton of overhead and is quite archaic. I believe that in the next twenty years or so, the industry - from sales to service - is going to change radically. We may see a time when you buy direct from the manufacturer and a mobile service tech or independent shop will be contracted to perform maintenance & repair work.

[@akrogirl32]

I won’t buy a car I haven’t been able to test drive, so that wouldn’t work for me.

[@1VaDude]

@@akrogirl32 -- I suppose that there will still be a way for them to bring a 'demonstrator' to your house for you to see, sit in and even drive. The market will find a workaround, as it always does. I don't know exactly where things will end up going, but the old school way of buying new cars is going to change radically in the coming years.

[@adamliny15]

The average new car is 48k, I assume that is calculated with luxury cars. The average buyer is probably not purchasing a luxury car. This is a bit misleading.

[@josephkelleher8820]

This video has some great advice. You have to know what you can afford and always get a pre-approved loan from your bank or credit union. The first thing I do when buying a car is the test drive. Always test drive a car before buying. When you get back to the dealership always get the out the door price and negotiate from that. If you decide to get financing from the dealership ask for the buy rate on the loan. You want to get financing at the buy rate and NOT the jacked up interest rate the dealership is offering.

[@marv48]

Huge Chevy store with 25 sale people 😂😂😂

[@HappyHarvick4]

Always a great attitude

[@elishadan212]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks George Borgert

[@RamisVasiliev]

First

[@MikeMikewaz]

The most important secret is dont buy from a dealership. Buy from a private seller.

[@beatrixbrennan1545]

People like the peace of mind of a warranty. Couple that with being able to finance as it's difficult for the average person to save up 10k + for a used car.

[@maxclaymore]

It's not a "Holiday Tree, It's a Pagan Tree", what's next? Are you going to ask my pronouns?

[@sungee3333]

He quit promoting his shop. Almost like just owns the building now. Maybe lives there and is selling new Chevy s down the street.

[@notbad1235]

Consumer Reports is the Least Biased based on straightforward product reviews and High for factual reporting due to a clean fact check record.😮