You’ve probably heard the saying, “Once you drive the car off
the lot, you own it.” Did you know this may not be entirely true?
The fact is that your car isn’t yours until the bank approves your loan.
There is a clause in any dealership contract that states your purchase
is “subject to financing.” But what does this mean?
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This article is a preview from a section of the first chapter of
“Inside the Mind of a Car Salesman.” This section is covered in much
greater detail in the book, but I’m going to show you one of the three
questions a salesman will always avoid or answer with vague promises.
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Available upon purchase of the book.
“Hey Bob, before you go into the finance manager’s office, I’ve got something for you.”
Bob and the salesman had just negotiated a deal on his new car and he was about to go into the finance manager’s office to finalize the deal.
Did you know that one of the most overlooked aspects of the car-buying
process is depreciation? We all know that a car is worth less after it’s driven
off the lot, but how much less? And is it possible to optimize your car
purchase so that you’re throwing away as little money as possible on your
dream car? All these questions will be answered in this article.
Links
| Description | Links |
|---|---|
| Regional Pricing | New Car Pricing | Used Car Pricing |
| Rebates and Incentives | Regional rebates and incentives |
| Credit Rating | Equifax Credit Rating |
| Apply Before You Go | Drive Time Car Loans |
| Affiliate Programs | Costco Auto Program |
