{"id":738,"date":"2022-09-26T18:48:09","date_gmt":"2022-09-26T18:48:09","guid":{"rendered":"https:\/\/mintvalleyfcu.org\/?p=738"},"modified":"2022-11-29T16:10:08","modified_gmt":"2022-11-29T16:10:08","slug":"the-car-dealership-myth-busted","status":"publish","type":"post","link":"https:\/\/mintvalleyfcu.org\/es\/the-car-dealership-myth-busted\/","title":{"rendered":"The Car Dealership: Myth-busted\ufffc"},"content":{"rendered":"

There are a few occupations that instantly make us think of skeezy men in cheap suits looking to prey on your good nature. You\u2019ve got lawyers, you\u2019ve got loan sharks, and then you\u2019ve got the car salesman. Even with all the balloons, colorful flags, and waving tube men, stepping foot on a car lot can feel less like a trip to the fair and more like a dip in a shark-infested dunk tank. While we\u2019re sure there are some honest car salesmen out there, there is a reason car dealerships have a less than savory reputation. However, it\u2019s not all bad and you don\u2019t have to leave the dealership feeling like you\u2019ve signed away your life. We\u2019re busting five dealership myths that will make your next dealership visit a little less scary.<\/p>\n\n\n\n

Top 5 Myths:<\/strong><\/p>\n\n\n\n

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  1. Paying Cash Will Get You The Best Deal<\/strong> \u2013 Ok, this may have been true at one point, but cash is not the king it once used to be. In many instances, dealerships are incentivized to get you to finance. If you walk in with a wad of cash, they may up their \u201cbottom line\u201d to make up for what they can\u2019t add to your payment or rate. The best thing to do? Choose the option that works best for you, NOT the one you think can get you the \u201cbest\u201d deal.<\/li>\n\n\n\n
  2. The Internet Is The PERFECT Place To Buy A New Car <\/strong>\u2013 Sure, the internet does some amazing things for us, that\u2019s a fact. However, it isn\u2019t the place you should look for an incredible deal on a car. Why? Unless you\u2019re buying from an independent person, where do you think the car you\u2019re looking at is coming from? Most likely, a dealership. There\u2019s no doubt that the internet has revolutionized car buying, but the internet is also good at hiding things. There could be hidden fees or stipulations you can\u2019t see behind a computer screen. Plus, there\u2019s no guarantee the car you want is even on the lot. The best bet? Use the internet to educate yourself, but don\u2019t assume anything until you\u2019ve signed on the dotted line.<\/li>\n\n\n\n
  3. A Lower Price\/Payment Means You Got The \u201cBest\u201d Deal <\/strong>\u2013 Many car shoppers are laser-focused on two things: the price they are getting and what their payment will be. Just because you got a low price and payment doesn\u2019t mean you got a great deal. You also have to take your interest rate into account. You may have gotten a great deal on the MSRP, but if your interest rate is through the roof, you\u2019ll end up paying way more on that \u201cgood deal\u201d than you anticipated. Do the math and focus on the deal as a whole.<\/li>\n\n\n\n
  4. Demanding A Good Deal Will Get You A Good Deal <\/strong>\u2013 \u201cI talked to this other dealership.\u201d \u201cYou\u2019re going to get me the best deal.\u201d These seem like a good idea. Take charge and get what you want. We can admit that there might be some rare times where this works, but most of the time, you\u2019ll just make yourself look foolish. Dealerships talk to each other, salespeople know their stuff, and chances are they\u2019ve heard everything under the sun. Yes, it is fun to put people on the spot, but it won\u2019t get you far. Instead, treat them like the people they are and come at them in a nonconfrontational way. You\u2019ll get much farther.<\/li>\n\n\n\n
  5. Go Shopping In The Rain <\/strong>\u2013 You\u2019d be surprised how many people have heard this myth. Although it may seem silly, many people believe this to be true. The idea here is that people will be so deterred from visiting a dealership that the salespeople will be foaming at the mouth to make a sale. But really, when has rain really stopped anyone from doing what they want? Many dealerships report that rainy days are some of their busiest. Don\u2019t let the weather dictate when you visit a dealership.<\/li>\n<\/ol>\n\n\n\n

    To say buying a car is intimidating is an understatement. However, if you know what you want, how much you\u2019re willing to pay, and you\u2019re ready to look at the deal as a whole, you can get a great deal. If you\u2019re still hesitant, don\u2019t worry Mint Valley has got your back. We can get you the financing you need to make your automotive dreams a reality. Click here to learn more!<\/a><\/p>\n\n\n\n

    Sources:<\/p>\n\n\n\n

    https:\/\/www.edmunds.com\/car-buying\/car-buying-myths-and-misconceptions.html<\/a><\/p>\n\n\n\n

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    Ten Car Buying Myths and Misconceptions<\/a><\/blockquote>