Summary of DO THIS INSTEAD! (Best New/Used Car Price Strategy) Kevin Hunter the Homework Guy
The video discusses the best strategies for getting the best price on new or used cars without negotiating. The main financial strategy presented is to gather price bids from at least seven to eight different dealers to ensure the lowest possible price. The video outlines six key steps to follow, including:
- Gathering automated price bids
- Manually locating nearby dealerships
- Getting price bids from dealers
- Following up with dealers
- Giving dealers a chance to beat the lowest bid
- Finalizing the deal in writing
Presenters
- Kevin Hunter
- Elizabeth from "The Homework Guy" team
Notable Quotes
— 03:44 — « dont leave discussions about pricing to a later time when youre physically at the dealership, thats way too late in the process. »
— 04:18 — « the best price on a new car there are many services that let you get free price quotes but most are not worth your time. »
— 07:02 — « car dealers dont want you to realize cars are just commodities. »
— 07:34 — « casting your net far far and wide your chances of finding one of these buying opportunities increases dramatically. »
— 16:56 — « youre going to promise them to give them a 100% rating on a customer satisfaction survey. »
Category
Business and Finance