Negotiating the purchase or sale of an automobile

   Which of the following is the last thing you should negotiate when purchasing a vehicle from a dealer?

• Write contracts and receive gifts   

•     Pay money by cash, credit, or banking card

• Trade-Ins

   Purchasing a used vehicle: when doing this, you decided if you will buy from a ______ or_____ party...then negotiate as if you were buying a ___ car.

• Dealership; private; old

•    Dealership; car showroom; old

• Dealership, private , new

•    Automotive shop; private; old

   Selling your car private party:

• Less profit than trading it in the deadership

• A similar profit as trading it in at the dealership

• Greater profit as trading it in at the dealership

   What is the single most important thing to do at the dealership when buying a car?

• Read and understand anything before you sign any legal documents

• Trust the dealer as the expert in car sales

•      Remove your emotion from the decision completely

• Treat the dealer with respect

When visiting a car dealership, it is a good idea to tell the sales person how much of a monthly payment you are looking for instead of how much you want to spend total.

• True

• False

When purchasing a used automobile, the following risks exist:

• The price is negotiable

• Fully insured .

• Selling for less than a new vehicle

• Car parks were replaced

The following factors influences the value of auto mobile while negotiating

• Color

• previous owner's number

• Insurance

• All of the above

   You have a much better chance of getting the best deal possible if you negotiate your trade-in and your new car purchase as two separate deals.

• True

• False

You are required to get financing for a car loan through leadership

• True

• False

If you cannot afford to purchase automobile, you must be able to earn money from:

• Band loans

• Installment purchase

• Financial company

• All of the above