Buyer Beware: What Car Salesmen Don't Want You to Know

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Uploaded by on Aug 26, 2008

Philip Reed is the senior consumer advice editor for Edmunds, but he also recently went undercover as something else -- a car salesman. And what he found wasn't pretty.

Salesmen aren't your friends, Philip says. By and large, they're manipulative and deceitful -- and they will do whatever it takes to get you in a car that day, whether it's the right deal for you or not.

Courtesy www.cnbc.com (Aug 4, 2008).

Story: http://byownerautosales.com/Buyer_Beware_What_Car_Salesmen_Dont_Want_You_to_K...

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Autos & Vehicles

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  • I am also a car salesman and I tell you what, this guy is douche who probably was a terrible salesman, what manufacturers need to is pure pricing like Scion, there is no negotiating the price, I mean would you walk into Wal-mart and say hey this flat screen is to much I will give you 100 bucks less? No, you would'nt because Wal-Mart can't and won't!! And everyone has to make money, if we gave away every car then there would'nt be a service department, and you would'nt get taken car of!!!

  • This is super gay. I am a salesman, the consumer trys to get the best price and the salesman trys to get their best price. Very simple, some dealerships are shady like the one this douche went to, alot aren't. Everyone has to make a living and considering all operating costs involved the amount of markup is very acceptable. A grand or two. Shit costs money and customers act like they get ripped off even when you make none. Buyers lie more than salesman in most all cases

  • She is interrupting a bit much...

  • Forcing dealers to accept 100 dollar profits on deals has no advantage to dealers other than what factories can impose on dealers who don't sell vehicles in this way. This practice is purley factory imposed and forces dealers to act in a manner which is morally wrong and/or illegal. Factories know this but keep deniability. What dealer or salesman would actually prefer to resort to deceit rather than be able to make a decent living otherwise? Look at the real culprits, vehicle manufacturers.

  • How about making Factory to dealer incentives or pressure to sell more vehicles with economic advantages or penalties illegal for factories to engage in. Also do the same for certain allocation differences between dealers due to volume, such as, unfair distribution of prime merchandise or even offering certain dealers only sub prime inventory with regards to colors, equipment groups or in some cases, offering certain dealers only stale old distributor stock. Factories put the dirty in dealer.

  • I WANT TO PORK THE REPORTER!!

  • This guy is a weiner. 

  • So it comes out. This guy is from Edmonds.com and here he is scaring consumers so that they go to their website and buy the car after they do research there. I'm all for educated consumers, they actually make my job easier, but scaring people this way is immoral and unethical. The meeting on Friday he was talking about is a meeting every dealer has. We talk about how other dealers are doing, the new incentive programs and what we need to do to be successful over the next weekend. And yes, the m

  • ok I am done any questions let me know. 

  • If your local dealers is offering you a fair deal and another dealer that is far is offering a bit less give the business to your local dealer convenience pays.

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