Auto Broker Tips
Have you wondered if buying or selling a car could be less....painful? This process can be pain-free if you use an auto broker. Auto brokers work for you by doing the wheeling and dealing for you. I remember my first time trying to buy a used car. Thank goodness I didn't buy it as I could NOT negotiate floor-mats if my life depended on it. An auto broker would have got me a great deal and I would have been a happier person.
Independent auto brokers can save you thousands of dollars! Sound too good to be true? Ok, you do have to pay them a fee. Hey, they have to make a living. But some auto brokers work for a flat rate. What if that flat-rate fee of a couple of hundred dollars saved you $4000 dollars? Find out if an auto broker is right for you!
Contents at a Glance
Auto Brokers - What To Look For
Seperate the good from the bad in seconds
2. Check with auto clubs, like AA, and see if they offer the brokerage service for free.
3. Check on automobile forums for brokers in your state. Find out about client experience - you'll know who to avoid!
4. Find out if the auto broker recieves and fees from the auto dealership as well as from you.
What Are Auto Brokers
What You Need to Know
Who Do Auto Brokers Work For?
Auto brokers can have one of two interests. First, they can work directly or indirectly for an auto dealership and thereby receive incentives from the dealerships for each of their sales. The second type of auto broker is one that is looking out for your interests.
The second type of auto broker will most likely work on a fixed-cost basis. Their fee to find a new car or truck for you at the best price might run you $200. If you are looking for a used car or a rare car, that fee might bump up near $1000. It's hard to find the right used car at the right price and the same can be said for rare cars, so it will cost you a bit more. Flat-rate fees should also be agreed upon before their work begins.
What You Should Also Know:
"There are many people and services posing as brokers or leasing and buying agencies," said Jay Green, owner and founder of AutoSeek.com in Los Angeles. "The best way to check would be to call some random dealerships near them and ask if they have heard of the person or service and what they have to say about them."
Interview the auto brokers:
Auto brokers should be extremely knowledgeable in the ways of automobile pricing. They should know every trick of the trade. Find out if they are proud of their experience of saving people money. Find out how long they have been in business.
by ThirdGear
Buying and selling a car is exciting and nerve-racking. I like presenting people with as much information as possible about auto brokers before they... more »
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