walk in 30 minutes before they close.. surprising how fast it can go.
@christinamartinez81325 ай бұрын
Smart thinking! I'll try this.
@gabe76-l6p4 ай бұрын
Haha
@AFColors474 ай бұрын
Lmao, that’s smart and hilarious! I’m shopping around to hopefully purchase next year. I’m definitely going to follow this advice! 😂
@Caesar__994 ай бұрын
I’ve done this and was still there all night
@brandongeez65853 ай бұрын
Not always. We had a place stay open for an hour after close while we negotiated. It was my wife, myself, sales guy and finance guy. I watched the finance guy lock up. Lol
@youssefrajia64658 ай бұрын
Buyers need to understand this: the dealership isn’t out for your best interest. You’re not going to win the deal, the dealer always wins but it’s the buyers job to negotiate a loss that still works out. Hopefully that explains it. If the buyer wins the dealerships would all be closed
@rafaelgomez19898 ай бұрын
WELL SAID !
@rnt45t1 Жыл бұрын
Problem is, you guys want about 20% more than market for everything now. Absolutely ridiculous.
@lockheedload Жыл бұрын
Varies wildly. I bought my new Mach 1 with zero markup. Just cause they ask for extra doesn’t mean you’re obligated to pay for it.
@12thmanreppin Жыл бұрын
Msrp crazy!! Trucks hard time being sold.
@Fishwish24 Жыл бұрын
Hopefully dealers go out of business and car buying goes directly from the manufacturer..like tesla...greed will get them in the end!
@ldogg63851 Жыл бұрын
@@Fishwish24 you also have to wait at least two months to get your car.
@turtleman5111 Жыл бұрын
@@ldogg63851 I've been interested in a Ford Maverick (small hybrid pick-up, because I go deer hunting) since they came out 2-3 yrs ago. BUT! I would have to order 1 site unseen, AND ppl are waiting 8-12 months to get them! I DAM sure would like to see+test drive sumpin that I'm paying $25-30K for, ya no? So, I gave up on them.
@Mark-sy2bx10 ай бұрын
My problem when I went to Nissan they kept me in the showroom chatting with the salesman for what seemed like 45 minutes while supposedly they inspected my trade in but I think it was a sales tactic to wear me down because many people just want to buy the car at the dealership's terms so they can hurry and go home. I tried to work out a deal but the manger came and said they can't do a deal and I shocked them and walked out and went home. I got an email at home saying come back now (dealership was closing soon) and they'd agree to my offer. Always be ready to walk even if you're in love with the new car or your old car is falling apart
@oasisfullfilled76178 ай бұрын
I walk out a dealership for that. It does not take that long to get a price. They do this everyday. They had me sitting there waiting. I just walk out
@mw96517 ай бұрын
Trust me sales people do not want to talk to you either :)
@blakespower7 ай бұрын
yeah same here the salesman always goes in the back, makes some bs excuse and leaves you sitting in the showroom for an hour then they come back with more bs
@trumpisastump93825 ай бұрын
I hope you told them to go self pleasure themselves when they emailed you about accepting your offer. Otherwise you just further encouraged their dishonest behavior.
@333mikeray4 ай бұрын
I get paid by the hour, so I love taking one of my workers to a dealership and messing with sales guys. After about an hour of them showing me cars they say what do you think? I say oh I'm just here to pick up parts I'm sorry I forgot my mission with all your talking. 😂
@thomasdaum19277 ай бұрын
Thanks for the info , in my experience the threat of walking out is the best thing to speed up the process !…. And when you get up keep walking !
@renata_mulatta Жыл бұрын
1. loan pre-approval application 2. Updated drivers license 3. Valid insurance card - choose insurer - provide vehicle year, make, model - insurer gives you a quote - insurer will provide doc called an insurance "binder", which is temporary proof of insurance/insurance card - provide binder to car dealer - insurance policy becomes activated and charged once purchase is finalized 4. Proof of income (check stubs, W2) 5. Proof of residency (utility, cellphone bill) 6. References x3
@dec1slh8 ай бұрын
What
@isamargutierrez73718 ай бұрын
How do get an insurance card without knowing if you will buy the car?
@dec1slh8 ай бұрын
@@isamargutierrez7371 they like to see insurance card of current vehicle
@gnd1117 ай бұрын
If you are pre-approved you dont need income Docs or Resident Docs. Cant get insurance till you give them Vin.
@scarling93677 ай бұрын
@@gnd111I don't work with a dealership if they don't openly advertise price or technical info (mileage, VIN, etc).
@jvinot60 Жыл бұрын
My recent car purchase went just as smooth as your video. Handled everything from my home, emailed or texted all needed documents. Got preapproved of course. Due to lack of inventory I had to use a dealer about a hour away. Setup a appointment, they were ready for me to do the paper work when I arrived and the car was cleaned and ready to go. So maybe a hour I was there. Also, they even followed me home with the new car so I could drive my car home, remember this was over a hour away too. I was very pleased with this outcome.
@FvmousYT Жыл бұрын
you called & let them know what was going on before you texted all documents?
@B126USMC8 ай бұрын
very rare
@thomaslorenzo60605 ай бұрын
The dog took a dump on the floor😅
@h2o100c5 ай бұрын
Why did they follow you home? Weird
@jvinot605 ай бұрын
@@h2o100c Because my wife is handicap and couldn't come at the last minute and I had her car to drive there a hour away. They offered to, so I took them up on it. Keep in mind I was over a hour away in another city.
@audreystrike187 Жыл бұрын
Just bought a car using your tips! This video saved us a ton of time and stress at the dealership! Thank you!!
@theonlybuster3 ай бұрын
As an alternative to what's been mentioned in this video... I first figured out the vehicle and trim I wanted, along with the Out the Door price about a week prior. I contacted a local CU for pre-approval. I then asked if they offered a Brokering Service, they did at no charge. Broker contacted me, I told him what I wanted and the price I wanted to pay. 2hrs later he sent me an email with 4 vehicles matching my wants and asked me which I wanted. I chose the vehicle, signed the documents via Docu-Sign, and that night the new vehicle was being delivered to my home. Never stepped foot on the dealership, paid less than the average (per online data points) and had a very low stress experience. The dealership did call to follow up and thank me for the purchase. They also placed a few business cards in the cup holder should I had any questions or concerns. There was zero pushyness or anything of the sort. Oh the dealership also mailed me a $200 gas card a week later. Absolute best experience ever.
@music-jj2pl3 ай бұрын
Awesome can you recommend the broker please?
@c-hd56962 ай бұрын
Which CU did you use?
@thardyryllАй бұрын
And the dealership? Three questions, no answers.
@TheModeler99Ай бұрын
@@thardyryll Probably lying thru his ass
@RepublicSaversSince179128 күн бұрын
U got sum splainin to do.
@alfredreigins846 Жыл бұрын
Mike, You do and explain things Right, so much better than listening to Andrew Elliot ( he is however very good to learn from for sales training and techniques used on us) but for us when buyers, we really are at a disadvantage in the dealership. You, The Homework Guy & Elizabeth, Ray & Zak have done so much to help us presently and in the future of any auto buying. Thank You for helping all of us 🙂
@MikesCarStore Жыл бұрын
look up how he stole from people, committed fraud, Then turned snitch... It's why he's not at a dealership any longer.
@gtjosh99 Жыл бұрын
You are 100% correct. I just bought a CT4-V BlackWing from LockHart Cadillac Saturday. My sales guy is phenomenal and have been doing business with him for 8 years. He knew I was looking for one and he had one that came in. He called me and had everything setup when I went in. Had my own financing through Crane Credit Union. Went in and signed papers and was out in less than 30 minutes. It can happen just as you said if the dealership is not scum! Good dealerships value their customers time, which is invaluable!!
@svrreno Жыл бұрын
Oz 7uz0ⁿ⁷
@SeanPennII Жыл бұрын
I have a CTS V-Sport. I love that engine. So cool man!
@AndyTorres00 Жыл бұрын
Monthly payment and down?
@RepublicSaversSince179128 күн бұрын
My credit union cannot do anything without a line item sheet showing what I am paying for so it seem to not be about the loan total needed and months.
@Clay_333 Жыл бұрын
I bought my Blazer in less than 10 minutes after I test drove it. And that is financing everything through the dealership. If anything I would have preferred it take longer, I had to slow the finance guy down a little so I could read before I sign. My sales guy was great (Andy Langston from Day's Chevrolet in Jasper Georgia). I can definitely recommend that dealership. No pushy sales tactics, no mark ups when everyone else was doing them, and no required dealer installed accessories.
@johnray6224 Жыл бұрын
Great video Mike. Can you make a video that describes how you negotiate via email or text? How do you start? How long should it take? How can you tell if they’re just messing around with you? Thanks.
@Sniper0987 Жыл бұрын
Put everything you're wanting in the email. Be incredibly direct. For me it was OTD quote, see the itemized quote. That's a good starting point
@cousinjohncarstuff4568 Жыл бұрын
If it is a used car, even though the deal is finalized remotely, I take 20 min to drive it and make sure all is as it should be, making sure EVERYTHING works. Even checking the date codes on the tires, and a tread depth gauge. Noe thing most do not check is the power ports to make sure they work as well.
@glenshepard6960 Жыл бұрын
Take any used vehicle to a mechanic. Carfax has some of that data. Usually not all because some shops and body shops don't report to carfax. Cool fox, but not always right. If the vehicle has been in an accident, be sure it's been repaired properly. A mechanic should look over the entire vehicle. Remember, there is a reason people trade vehicles. If it's been in an accident, this also lowers the price of the vehicle. By all means, check the vehicle out.
@domini3843 ай бұрын
@@glenshepard6960 For the run of the mill lower end dealerships this is a must, but typically the big name dealerships its not as much of an issue.
@jkh2180 Жыл бұрын
Bought a good used car from a dealership back in November and it was so much easier than I ever expected because I did my homework. Researched the car I wanted, waited to find the exact car in the exact price range, watched helpful videos and read helpful articles like this about what to expect and be ready for, finally found the car, contacted the owner of the dealership, had all my questions answered, sent a mechanic to inspect the car, got a thumbs up from the them and detailed report, went in the next day and bought it. Spent like 1 hour at the dealership. Easy peesy.
@prettyboishah289811 ай бұрын
How much was your insurance?
@jkh218011 ай бұрын
@@prettyboishah2898 it just depends on the insurance company, what level of coverage you want, if you want any extras like rideshare coverage, and what your driving history is. Bigger companies like Progressive or Geico may cost more than a small local insurance agency. Full coverage will cost more than just liability. Rideshare if you want to drive for Uber/Lyft/Doordash generally costs more. And tickets/accidents will usually lead to higher premiums. Just depends.
@Kountrykruiser Жыл бұрын
I lost count after 16 signatures on disclosures, registration, declining this/that and everything. An hour at a desk on sales floor, 30 minute test drive and another 45 in the F&I office on a cash deal. However, they did take a good personal check and worked with me dealing with a power of attorney so I could gift the car to an adult child and have it titled and registered to her. At the end, the look on her face was priceless when I revealed it. The other I bought for the other kid had me in and out in 2 hours but had cash in pocket on that one but most delay was my fault really going over the car and test driving it knowing it was a rebuilt title checking the repairs and a deal because of it. A little short but he did eat the sales tax and temp tag for me. Good advice though. Two 2015 Versa's, one for $8K and the other for $10.5K both had under 70K miles. They worked for the kids and easy to fix or order parts for as they are the same cars, same everything on them.
@BeccaB5294 ай бұрын
You sound awesome! I hope the kids are enjoying their vehicles and that you have a nice one yourself. ❤
@Peteliao Жыл бұрын
I print out the price shown on their website. I just tell them I want it for the price as shown on the website… no bs. Works every time.
@MWoods-rs4wpАй бұрын
I went an hour before closing and it went smooth!
@hamptonsfnst2014 Жыл бұрын
Hi Mike, how would cash buyer's experience differ than someone financing?
@pildorasamargas227111 ай бұрын
I love the video, i recently got a Tesla (not preaching or anything, just comparing the experience, and it was... well.. wow) you get the price from the site, no changes, it's sticker price, you do all online, you get there, do not have to interact with humans, no hidden fees... nothing, i think we spend 5 minutes at the dealership. 3 months later a little issue with a door, they sent the mechanics to my home, fixed it, and nothing else...
@sab_1055 Жыл бұрын
Tough Love. Thanks, especially for the preparation tips. I don't want to deal with the extra stress of being ill prepared and have a couple of blocks to check.
@timcooper62 Жыл бұрын
I agree Mike...you come prepared the process can move pretty quickly. My last car purchase, a 2019 colorado from a chevy dealer pre pandemic. I had picked out the car on the internet. Set an appointment on the internet. I arrived and they had the truck pulled out up front. I told the salesman I did not want any fluff or word tracks, just let me see the vehicle. I looked over the truck and told the guy I wanted it. The worst part was dealing with the trade. The internet price on the colorado was actually a great price; however, they tried to make it back on the trade. Fortunately I did have cash offers from Carmax and Carvana which saved the day. It was nice to whip out the USAA check in the finance office. Being prepared shows the dealer you are not a mark or lay down.
@kirkdunn1379 Жыл бұрын
100%....bought 6 trucks since 2020 and always did most of the work via text, email......went to dealership only to sign....45 min tops and usually cuz truck wasn't washed and detailed.... It's very simple process doing it from home and so much easier If dealership says I have to come in before they will negotiate I stop communicating and on to the next...... Even had a few delivered where I never set foot into the dealership.... Be smart, use the tools available to your advantage
@dusty_burkhalter4 ай бұрын
100% agree on home field advantage. I rarely go into the dealership at all but did today because they had two specific trucks I was looking for. One was a used Trail Boss LT that was low mileage certified pre-owned and the other was a new Colorado Trail Boss in Sand Dune which they are the only dealer in my area to have that color. After driving the LT Trail Boss it was an immediate no go for me. Truck had a pretty severe vibration which I expected was tire related. I told the salesman to let me take a look at the new Colorado Trail Boss. After being gone about 5 minutes he comes back and says what if we put new tires on the truck for you. I said no, I'd like to see the Colorado. He brings the sales manager back after a few minutes and proceeds to ask me what kind of tires I would like, I said I'd like to see the Colorado. Finally they go to get the Colorado. Mind you, he asked me about a used Colorado when I got to the dealership and I said no, used prices are basically the same as new right now so in that truck I would only consider new. He comes in to let me know he as the Colorado ready and to my surprise he has pulled around a used Colorado Trail Boss with 19k miles for $39k. Mind you a new one can be picked up for that or less. I shook his hand, said thanks for your time and made a B-line straight for my truck.
@stachowi Жыл бұрын
This is awesome, I wish your dealership the best luck!
@JustMe99999 Жыл бұрын
The best experience I had was at a Volvo dealership. No finance manager, the salesperson handled the whole process, and it took about 30 minutes. Totally painless. They also gave me exactly what I wanted for my trade as well as the price I wanted to pay for the car (both reasonable offers, I should add -- obviously makes a difference).
@jdb2722 Жыл бұрын
Yeah but you had to go home in a Volvo
@JustMe99999 Жыл бұрын
@@jdb2722 Its a great car. I have an Audi and a Range Rover too. The luxury car buying experience is so much more painless.
@seadoo4life127 Жыл бұрын
@@JustMe99999 I have a Ferrari, BMW and and Lamborghini 🤦🏼♂️
@ichangedmyusernamebecausei255110 ай бұрын
@@seadoo4life127 I have a zentorno, adder, and t20 🤦♂️
@juille2779Ай бұрын
What's your payment like 😊@@seadoo4life127
@Lorena-OT72 ай бұрын
I love how you always start the video with you walking out the door 😂😂 I wish you was in my city, no one cares like you do❤
@neetrab Жыл бұрын
2:15 - Another reason why i don't want to schedule an appointment if going there. They don't need to know i'm coming just to put on an act setting up props. THANKS!!
@alec5400 Жыл бұрын
Mike, I’m pre-approved by my credit union. I’m not sure what make or model I want, but have a few in mind. I like the idea of shopping from home via email or text. How should I go about doing this without knowing what I want? Do I go to a dealership, look around, do some test drives and then reach out about the car I want to buy? I don’t want to negotiate on a car I’ve never seen it driven. Thanks man your channel is great.
@thebest545 Жыл бұрын
If you aren’t looking to buy immediately, wait until the auto show hits your city if it has one. That way for $20 or so, you can look around and see what you like.
@minutemanmuster9 ай бұрын
@@thebest545 google info about the most recent auto shows in your area, some major manufacturers are skipping them. (In Philly, the number of brands skipping was high but we also have a convention center with unions that are notoriously difficult and expensive to work with)
@biggbossman1130 Жыл бұрын
Great video… thank you for the information, I absolutely HATE buying a car, I will definitely use this the next time I purchase one.
@philwilson861710 ай бұрын
I walked into a lot years ago tired and wore out from playing the game all day long about 4 PM. I drove the car I wanted, told the salesman that I was tired and that at 5 PM I was driving off that lot- his car, my car, I didn't care. He made it happen. From that point, I always use my clock.
@bgwatters Жыл бұрын
I agree, I had a Navy Federal pre-approval. I submitted to Ford Credit and went into the dealer to check it went through. Not 30mibs but FMC was slow getting back, but still pretty quick. Had to do a spot delivery, but it was Sunday 6p with a 700 score and had Navy Federal backup.
@saifa6099 Жыл бұрын
Your a vet?
@saifa6099 Жыл бұрын
Everyone talks about navy federal and Ik all these guys aren’t veterans I’m tryna get the sauce too lmao
@bgwatters Жыл бұрын
@@saifa6099 Do you have a family who is a active duty or a vet? I mentioned my grandfather who died in 1986 and never had to show his DD214.
@robertheinkel6225 Жыл бұрын
Ford was offering 5.99% interest on their current loans. Not a very good deal.
@bgwatters Жыл бұрын
@@robertheinkel6225 That was a backup. I got 3.9 for 60 with FMC. It will only go down.
@MilsurpMikeChannel Жыл бұрын
I was ecstatic that my last deal took under 2 hours, but that included the test drive and me driving to the bank to get them a check for the cash sale (which was probably over an hour of that). Luckily, I knew the head of the service department of that dealership, and asked him who was the least BS salesman who didn't have to talk to the manager every 15 minutes. I had also researched and had a reasonable number in my head for my trade-in (I was shocked to get $500 more than what I was expecting). The only hick-up was that I had to go back the next day to have my wife sign over the title on the trade-in. We had just moved to Missouri and there is no such thing as and/or on signing over the titles like in Kansas, so both of us had to sign. One great thing was that I told this salesman that I planned to keep this vehicle for several years and I didn't want a call every six months asking me to trade it in... he told me he would go back in and lose my number for that and he kept his promise.... have had it five years now and not one sales pitch call. He earned my loyalty.
@papuxrey9598 Жыл бұрын
Your videos are the most valuable videos in KZbin! Thank you so much Mike!
@TheRenaissanceAmazon Жыл бұрын
I purchased a car in Chicago last year and I have a NY driver’s license. It wasn’t a problem at all.
@dav264 Жыл бұрын
Appreciate the video Mike. I've always hated the car buying process. But you did not address the biggest time suck in the process and that's the finance office. They go on forever, trying to sell customers worthless (my opinion) profit generating crap and no matter how many times I tell them I'm not buying anything, they just keep going. It's really annoying.
@MikesCarStore Жыл бұрын
doing a video on that soon.
@craftymulligar10 ай бұрын
Missed the most important question if not done its a no go. Can the car be sent to a mechanic for a pre purchase inspection. Would not trust what the dealership tells you how good they think the car is.
@todddorward7432 Жыл бұрын
First time ever commenting, but I must say that this has been one of my favorite videos. I have taken your advice and some from a few other KZbinrs and had a great buying experience back in 2021 and it didn't suck. Took me longer to drive to the dealership than it took for the transaction.
@MikesCarStore Жыл бұрын
love to hear it!
@ethenjordan2010 Жыл бұрын
Good dealers. That’s how it is. If it’s over MSRP don’t even look because that screams shady right away.
@BellaBluBunny134 ай бұрын
Okay Mike have not purchased a car for a very long time. I am watching your video s and they are wonderful. I have many questions.. who trained you?.. also like to know what's the name of your dog? He's so cute he keeps walking back and forth... And the third question. Behind you on your wall find a car does not have to suck! ... It looks like people wrote on your Wall.... Are those customers that wrote are these ideas that you wrote on WALL! ❤
@azaelcolon7123 күн бұрын
Thank you Mike for the informative video! You are awesome and down to earth bud! 😊
@Nathannnnnnnnnn2 ай бұрын
Hey. Thank you for this clear well explained video. Really helped me come prepared and even negotiate a lower out the door price. I appreciate what you did here sir!
@ChrisFromFloriduh Жыл бұрын
I dOnT wAnT tO GiVe My SSN. I aM pAyInG cAsH. No idea how many times, I’ve heard that. Some geniuses out there.
@MikesCarStore Жыл бұрын
LOL yuuup. DMV needs it to title the vehicle.
@michaelgallo5658 Жыл бұрын
Mike, great videos, if you see a car from another state (but within driving distance) that looks really good, researched the dealership and they seem ok. You mentioned in the video of 5 things not to say to a salesman, to stay loyal to your local dealers because they won’t give you anything, if it’s a CPO o guess it may be tough to get the car serviced being it’s far away (not local but about an hour plus) You mentioned in this video you have clients all over the country, if they have a problem what do they do? If it’s a cpo do they find a mechanic or dealership to service it? What about extended warranty polices? (Probably a no no) go with company that is an after market that offers that
@usauditresponse Жыл бұрын
If you want to pay cash you're missing out on all the financing deals, rebates, incentives, discounts, whatever they offer then make one payment to the bank and be done with it as long as the bank doesn't have an early payoff fee.
@mortarfo7910 Жыл бұрын
Can you do a video on why cash is so bad at a car dealership?
@RetrieverTrainingAlone Жыл бұрын
Focus only on the Out The Door Price. No trade in, no financing...moot points. Lets get that Out The Door Price in writing first.
@papatatertot Жыл бұрын
Mike, Question on CreditCards...I prefer to use my CC as I get rewards for using it. So paying downpayment in cash actually costs me more than a CC. That said, would it be possible to renegotiate a discount for paying with Check/MO/CertCC? Ok, I know it's possible but is it reasonable to expect (does it happen often)?
@keningilbert Жыл бұрын
You say to work every aspect of the deal remotely, does this include the final negotiations regarding removing extra fees as well?
@BellaBluBunny134 ай бұрын
Okay so I'm looking at your videos and they are so awesome and impressive with your knowledge and very great advice....because I'm trying to understand what car salesman try I do behind smoking mirror glasses 🕶️🤓 I like your glasses😂 Thank you for being upfront about everything. I find myself now so consumed about trying to find a car that's nearly forever taking me to find that right car that's in my budget range with low mileage.... And whether to pour money into my older car now I have gone through two engines... And that is why I haven't bought another car because of the ridiculous value and the price. Everybody tells me to just give it up but I am stubborn and I like to hold on to older cars....
@wileecoyote5749 Жыл бұрын
When I bought my '85 Dodge Aries K the dealer gave me stale and cold cup of coffee as a thank you
@jaya.0069 Жыл бұрын
What did you expect buying junk?
@wileecoyote5749 Жыл бұрын
@Jay A. I still have it and have purchased 2 multiunits and now both have zero mortgage. Good thing I didn't keep buying cars every 3 years.
@kelliemiree403410 ай бұрын
This was so informative even if not worried about getting out faster just the steps of preparedness was huge. My only thing is what about a good old fashioned test drive? If you think you’re mind is made up on a car what if you find otherwise bc the test drive doesn’t give the feels like it’s the one?
@BillyBobDingledorf10 ай бұрын
Bought (12 years ago) a slightly used car at a dealership that focuses on commercial trucks. Took less than 10 minutes. They put a tiny bit of paperwork in front of me. I gave them a cashiers check. I was done. They were happy. I was happy. Why can't all car deals work that way?
@Nola53004 ай бұрын
I just found your Channel my car was stolen 2 days ago. Learing so much. I don't even think i will be able to afford a used car now with these prices😢
@nala3038 Жыл бұрын
I treat car salespeople with great respect until I catch them in a lie, then I treat them on the far other end of the spectrum. Our relationships always get off to a great start then last about 8.2 minutes until that first lie is spewed.
@simonsuh227 Жыл бұрын
Hey Mike, learning a lot from your videos! I understand you suggesting negotiating the deal from home. I'm assuming the actual process of looking a the vehicle and doing a pre-purchase inspection comes before going into the negotiation?
@iliketurtles536 Жыл бұрын
Good stuff! Question: If you come in Pre-Approved does that mean you will lose out on deals or money off the car?... or is there always wiggle room if you do NOT finance through their dealership or brand (NISSAN, VOLVO, etc Financial Services)
@domini3843 ай бұрын
They make more money off you if you finance through them so they take some off. However you could always refinance later if you get a lower rate through your bank. I would only take the dealer offer if the financing terms are better.
@privatepilot406411 ай бұрын
And I was pre-approved by Navy Federal!
@MikeJones122 күн бұрын
So true about the Kia dealers. I've bought 3 Kia's from Kia dealers, first two took 7 hours each, the last one was better, but was still 4-5 hours.
@camarofan4life516 ай бұрын
I'm not sure if you have done this type of video in the past but I would like to see one on "The best way to buy a Factory Direct vehicle purchase" in today's market. I mention this as I'm in the market to do this and I want a very specific build and have not been able to find exactly what I want within a 500 mile radius of my location...and, no, it's not a Camaro. I already have that, but it is a Chevy.
@F85M Жыл бұрын
I loathed dealership wait times. Even if you think you scored a great deal winning half the battle. I truly believe they make you wait for hours to wear you down. Helped a family grab a good deal on a Willy's this weekend. 11:15am - 4:50ish pm. We were the only customers inside too!. There should be a mandatory time limit.
@fabiomino3506 Жыл бұрын
Lmao I just went to today from 12:30-3:30 but they gave me coffee and fed me Panda Express so I was fine with it tho
@randyscott33862 ай бұрын
I sold a brand new Plymouth Voyager minivan to an Amway Crown a long time ago and he was in and out of the Dealership in probably less than 30 minutes . He bought the van for his Nanny to drive his kids around in . He didn't even test drive it or anything . Is this the only one with a vinyl interior in it . Yeah . This is the one I want , lets go . And he walked in front of me straight to the finance office . The word "yeah" was the only word I ever said and I'll NEVER forget the way he said " let's go " and he went pronto to the finance with me tryying to keep up with him walking .
@gagankumar1335 Жыл бұрын
Hello! I am new to the channel and am loving it so far. One thing I woould like to mention is that things are vastly different here in Toronto Canada but still I have managed to piss off a lot of dealers (and I mean that in a good way). One thing I have trouble with is that the dealers here say that they will charge extra for paying cash and due to this, they force me to discuss payments without getting to the OTD price. Any tips for that? But everything considered, thank you for your tips and guidance. I didn't think I could ever negotiate the asking price being a shy person.
@scottrocher1388 Жыл бұрын
I was in the car biz for 25years. I bought my wife a new Ford Bronco last fall. Deal done and dusted in 45 mins.
@luigiprovencher Жыл бұрын
Don't bring cash? Why? What if you're planning on buying something outright and don't want to make payments?
@Frank-the-Tank-13 Жыл бұрын
Do you answer questions? I’m wanting to become a car salesman and I would really like to know what I need to know kinda like training. I have been watching some of your vids and you got me hooked.
@mavericks2k811 Жыл бұрын
Why dont bring cash? Would a cashiers check be ok, thanks great tips
@j2kp0t Жыл бұрын
What do I do if I only use cash and do not intend to finance any portion of the sales price?
@robertanderson5334 Жыл бұрын
Oh boy! The stall method they use to get you tired and more likely to just get this deal over with to get out of there. Don't sign anything that would tie you to dealer until the deal is complete, walk out at any time you think they are playing games with you.
@1Insaniac10 ай бұрын
Awesome video, Thank you! Love the boxer dog too.
@fearsomebeard42909 ай бұрын
My last two car purchases were completed in less than 30 minutes. July 2022 went online to the Tesla website, ordered the model I wanted, placed deposit on CC, waited for email to come pick it up, went to Tesla delivery center, signed a couple papers and wrote a check for whole thing, then drove off the lot. December 2022, went on Tesla website, picked out a discounted model in stock, filled in trade in info and got instant value for it, filled in financing request, placed deposit on CC, waited for e mail to give me a time slot for pick up, drove to delivery center, signed a couple papers for car and loan, gave keys and title for trade in to a live person, drove my second new Tesla off the lot. Easy Peasy. Will never buy a new car any other way again. No haggle, no stress, and both in under 30 minutes each. We have two beautiful Teslas, one for each of us!
@Keepgoing991917 күн бұрын
I don’t understand why everyone hates cash nowadays. I don’t want to finance I just want to pay outright and get on with my life.
@jaysmiles2Ай бұрын
Bought a used car from a new car dealer. Brought cash. Paid less than their asking price, 35% lower. I hardballed my offer and told them to eat the tax title doc fees. My threat was i was gonna walk. And they wanted that sweet sweet cash
@eddyberdusco9486 Жыл бұрын
HI Mike great video, what do you mean by negotiate at home? Do research of the vehicle?
@precisionsoundworksstudio7 ай бұрын
Would be great to see a video about how to buy a car in less than 20 minutes. Kidding aside, great video.
@shawnteee Жыл бұрын
How much of this advice still applies if you're not going to do payments but rather pay it all at once?
@h2o100c5 ай бұрын
All. Pay it off with cash a month after taking delivery. Easy.
@a3sully8 ай бұрын
I can cut it to 2 steps (other than test driving and looking over vehicle and having insurance already set up should you buy vehicle you are looking to buy) Step 1, avoid dealer, find a private party selling vehicle you are interested in and have researched. Step 2 have cash with you in amount you are willing to pay and tell them this is what I pay or I walk away. Cash is still king. Financing a vehicle is stupid. If you want to buy new with cash, then you can also tell them you may finance with them if they give you a good deal. Then do the deal and once they close on it, walk in with the cash next day and pay it off. Dealerships hate it because they get screwed twice. Once on the deal and then not making any money on the interest since you didn't pay any. I agree with the rest as far as having documents needed, telling them I have x amount of time, etc.
@SickTheory Жыл бұрын
Yes! Chase chevrolet in Norcal works just like this, one of the reasons why i love working here. No bs, straight forward from beginning to end. Guess thats why they'vd been in buisness since 1944. Completly agree on customer sometimes holds up the process of getting into the finnace asap, 9 times outta 10 they have an insurance card thats 2-3 years old, so now we have to call the office and have them email/fax a current card, its easiest if you have it via an app or online account but many do not.
@JoseSanchez-pu7jg7 ай бұрын
Thank you for making these video it’s helping me a lot
@flyone835011 ай бұрын
Bring back the Chevy Nova years 1968 - 1972 updated with a 4.3v6 and 5speed manual transmission, disc brakes all around . . . . Stamp them, ship them and stage them at Chevy dealerships across the US for a starting price of 14 grand. More if you want a 4 door or a station wagon, something new they never did in the 60s 70s with the Nova.
@videogarage9221 Жыл бұрын
Mike do you have an auto transporter that you trust / use ? Broker or actual carrier ?
@shadowk4718 Жыл бұрын
The best experience I had was with echo park ! No problems what so ever 5percent Apr . Two days ago I wanted to trade in my other car Nissan McKinney wanted to give me a 15 percent apr
@gliderrider Жыл бұрын
What’s wrong with bringing cash? And, what’s an ACH?
@Gabriel_Micah10 ай бұрын
Building up some spirit bomb energy watching this in the dealership parking lot LOL
@mitchburk5112 Жыл бұрын
I've always done the negotiating in person. I go in when the dealership first opens and figure I will spend a fair amount of time there. Usually the first salesman you interact with is a newby and can't approve his own deal. That's why he keeps going back to his manager. Just keep low balling the out the door price with him. Eventually they are going to get afraid you are going to walk and the sales manager himself is going to come out. Now you have someone that you can directly negotiate with as he has authority to close the deal. Just be aware these are generally highly experienced people that know all the negotiating tricks. Never agree to a deal with your first sales person. They have not made their final offer until the manager comes out. The dealers try to wear you down with this farce of the first guy running back and forth and taking a half hour every time to make the trip. Usually just drinking coffee and watching you sweat. Just give me some one that has the authority to deal in the first place.
@kirkdunn1379 Жыл бұрын
You can do the same on a computer from home....if you researched the car and know what good or great deal is on it is, you just do it from home......not to mention your in contact with 10 others at same time Going in physically to a dealer, f that deal falls through than you start all over at new dealership....and just wasted bunch of time
@papat387711 ай бұрын
Do you have any videos about buying online
@chermzer0 Жыл бұрын
MAKE A VIDEO ON WHY NOT TO BRING CASH PLEASE AND THANK YOU
@MikesCarStore Жыл бұрын
coming up on the @chevydude channel sunday!
@perezju5 Жыл бұрын
great information, but having all my documantation ready and the down payment, who do I really want to talk to and leave my information with ?
@keningilbert Жыл бұрын
Working remotely with the dealership you use the term CRM. I’m familiar with the typical meaning of that acronym which would be customer relationship management software. However in the way you used it I got the impression it had something to do with remotely interacting between dealership and customer. Perhaps CRM would mean Customer remote meeting? Would you please clarify?
@ScottyBGaming2394 ай бұрын
last 3 vehicles I've bought I was at the dealership less than 1 hours each time. Which is crazy considering the first time I bought a car I was there for 4-5 hours and the last 3 I've bought combined was still faster than that.
@SacTwnNate Жыл бұрын
Mike, great video. And I agree with everything you said except for the title. Too many variables, flow of business, etc. Is it technically possible? Under the right circumstances, yes. But someone in Finance submitting out alone and hearing back with approvals can be 15 minutes or longer. So yah, if someone gives me a hard stop of 45 minutes or something like that; that's not business I try to earn. I'll do everything I can to get someone out as quickly as possible, but I don't guarantee in and out times and never will. Again, excellent video though :)
@truthseekerKJV Жыл бұрын
My last new car purchase back in 2009 went like this: First I researched what buyers are paying for the car. Then I got preapproved with Honda Financing. I went to the dealership, picked out the car I wanted that stickered for $17,900. I told the salesman I would pay $16,300. I also told him what I wanted for my trade in. He tried to get me to go into the little room with the uncomfortable chairs while he spoke with the sales manager. I said no, " I'm not sitting in your little room. You have 5 minutes to make this happen, or I'm down the road. I remembered that I left my ice tea in my car and went out to get it. The salesman came running out as fast as he could run calling my name. He told me the price is approved. When I got to the finance guy, I told him I am not interested in any add-ons or products he wants to attach to the car. He wasted no time and wrote it up and I was driving out in my new car. Take control and let them know they are not going to wear you down by wasting your time. Never go to the dealership in the late afternoon because many people sign anything in a rush just to get out of there and eat dinner.
@imaguest4941 Жыл бұрын
I have purchased 11 new cars in my life thru a dealership, including Mazda, Honda, Fiat, Pontiac, Isuzu, Nissan, Subaru, Ford, Chevrolet, Recently, I bought number 12 completely online thru the most beautiful mobile app on my iPhone without talking (arguing) with anyone at a dealership. I bought, financed, registered, and insured a new Tesla Model Y on my iPhone. It was a wonderful experience ! I will never, ever go back to a dealership again. Never. . . ever !!
@nicholasmantia9052 Жыл бұрын
I don't understand why bringing cash would suck?? Wouldn't be easier to use cash than credit cards?
@youdagoob7 ай бұрын
The fastest (and cheapest) way to buy a car is from a private individual. And you don’t have to pay some stupid “doc fee” and other BS fees.
@puravida5683 Жыл бұрын
Smart move in that you got pre-approved, with Navy Federal Credit Union!
@pappajohn8912 Жыл бұрын
Also, don’t forget the title to your trade-in and lien release…
@VegasGuy19753 ай бұрын
I pay cash for everything. Including my cars. I walk in, gel, them what my offer is and they have 30 minutes to have me out the door with paperwork in hand. Yes, I have walked out at 30 minutes costing a sales person a sale because the manager wanted to slow me down. I’ve done this enough that dealers around here know not to screw around when anyone comes in and does the same thing. My latest was a Superduty pickup. Paid what my offer was, and was out in 27 minutes.
@phoenx3339 ай бұрын
@MikesCarStore Do you need all these requirements, other than DL, if you're paying cash?
@jerrylundegaard25929 ай бұрын
In most states you need proof of insurance before you are allowed to leave the dealer lot with the vehicle.
@NBJeeper15 ай бұрын
My current car I purchased from a dealer 10 hours away. The entire deal was done over email/phone. I drove there to pick up the car and sign the paperwork and the dealer (BMW) kept me waiting over 4 hours. They didn't have anything ready, the finance manager was on vacation so the salesman had to figure out what paperwork they needed and print it all out. They actually had to get the owner to come in (Saturday morning) to write me a check for the taxes and cash back because I had to pay them through the financing but had to pay myself at the DMV. After 3 1/2 hours; then they decided to bring the car in a bay for a "final inspection", wash and shop vac. They knew I was coming for 4 days before. I was fit to be tied! Never again!
@FlatsFisher73 Жыл бұрын
From the legionary chevy guy to Mike’s Car Store love the process over the years brother