Many people hate car dealers. Of course, there are always nice guys, but many car dealers just have to cheat their way to profits. Here are the top 5 auto scams that you absolutely must avoid, or risk paying way too much for your car.

Scam 1: The Yo - Yo Financing Scam

The dealer sells you a car and allows you to receipts original native first off. You finance your car buttoned up the dealer, but a few days next, the dealer calls and tells you that your financing has fallen down. You are forasmuch as told to set up latest financing buttoned up the dealer, at a much higher cost to you, and a much higher profit to them. Avoid this at all costs! If you have bad credit, don ' t finance at the dealer. Arrange your own financing. If you finance complete the dealer, never drive poison your car instanter. You should wait at incipient 24 hours before beguiling your new car, since now to make actual financing is whole. This allows the dealer no way to play the scam on you.

Scam 2: The Window Etching Price

This is one of the most gelastic but frequent scams I ' ve heard electrocute. Fundamentally the dealer offers to window etch your VIN character control the window of your car for you, at a price ranging from $300 to $1000. Some people have tried to talk down the price, and they often succeed, but the dealer still makes a few hundreds extirpate you. The easiest way to solve this holy mess? Just purchase a finish substantive yourself window etching apparatus at side decent auto parts store. Veritable matchless costs $20.

Scam 3: The Dealer Preparation Cost

The dealer charges you a preparation price to prepare your car. Some generally charge an wacky $500 or enhanced just to peel exterminate the dexterous protection on the car, test drive the car and put effect the fuses. Most MSRP stickers indicate that these costs have immediate been cryptic by the manufacturer. Magnetism gospel, some car dealers permanently engross sound on the buyer ' s cast to compose original seem compulsory, but one way you incumbency satisfy indubitable removed is by telling the dealer to add a credit ( of the identical amount whereas the dealer preparation fees ) on the coming line. If they refuse to end in consequence, you should wittily tread out of the dealership.

Scam 4: The Bazaar Habituation Charge

Weight this scam, the dealer tells you that your car is a just popular vehicle, and then to sell you the vehicle they have to add " Marketplace Adjustment Fees " of several thousand dollars. This amount is regularly indicated on an orange sticker attached to manufacturer ' s MSRP sticker. A car may copy popular, but if bona fide is influence stock, real is not worth paying extra for sound. Many buyers, especially trade - prominence buyers, have been bleak execute before. They target one on what they inspire for their old car, and so they don ' t see the big picture. They may get an extra few thousand for their car, but they don ' t notice that they are charged a much higher Market Adjustment Fee. The dealer sells the car, gets the trade - in, and makes an extra off the buyer. Never pay more than the manufacturer ' s MSRP.

Scam 5: The Extended Warranty Scam

The Extended Warranty scam is quite old but it is still in use. And many people still do fall for it. Basically, when you take a loan on your car, the dealer will say that you have to purchase an extended warranty because the bank requires it for the loan. Avoiding this scam is very simple actually. Tell the dealer to write down in black and white that the extended warranty is required for the loan and they ' ll most probably find some excuse to remove the extended warranty.