3 Ways to SCARE the Dealer
Authored by Christina Velazquez
Business
12th Grade
Used 6+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'out the door price' of a vehicle?
The monthly payment for the car
The price after the discount and all fees
The price after the trade-in value
The price before any discounts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to have a pre-approval for financing before visiting a dealership?
To negotiate a lower selling price for the car
To compare interest rates with the dealership
To have more control over the financing process
To avoid discussing payments with the salesperson
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a car buyer use a pre-approval to negotiate with the finance manager?
By discussing monthly payments instead of the total cost
By showing a lower pre-approval rate from a different lender
By comparing it with the KBB value
By accepting the initial interest rate offered by the dealership
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of using join ya.com/sell for a trade-in?
To negotiate a higher trade-in value with the dealership
To avoid discussing the trade-in altogether
To get a KBB value for the trade-in
To compare trade-in offers from different sources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to treat the trade-in as a separate transaction from the car purchase?
To avoid disclosing the trade-in value to the dealership
To have more control over the trade-in negotiation
To prevent the dealership from offering a lower trade-in value
To focus on getting the best deal for the new car first
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of having a pre-approval for financing when buying a car?
To negotiate a lower selling price for the car
To compare interest rates with the KBB value
To avoid discussing the trade-in value with the dealership
To have more control over the financing process
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a car buyer use a pre-approval to negotiate with the finance manager?
By accepting the initial interest rate offered by the dealership
By discussing monthly payments instead of the total cost
By comparing it with the KBB value
By showing a lower pre-approval rate from a different lender
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