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	<title>Comments on: 10 Ways Car Dealers Make Money Off You</title>
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		<title>By: Clay</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-455548</link>
		<dc:creator><![CDATA[Clay]]></dc:creator>
		<pubDate>Sat, 28 Jan 2012 08:48:37 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-455548</guid>
		<description><![CDATA[When did making money become a bad thing?  I hate to break this to you but everybody makes money &quot;off&quot; you.  It&#039;s called capitalism.  Thus endeth the lesson.]]></description>
		<content:encoded><![CDATA[<p>When did making money become a bad thing?  I hate to break this to you but everybody makes money &#8220;off&#8221; you.  It&#8217;s called capitalism.  Thus endeth the lesson.</p>
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		<title>By: Franklin Thompson</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-452049</link>
		<dc:creator><![CDATA[Franklin Thompson]]></dc:creator>
		<pubDate>Tue, 17 Jan 2012 16:16:53 +0000</pubDate>
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		<description><![CDATA[Most of a new vehicle&#039;s depreciation is in the first 2 or 3 years. If you ever have a high trade in (no outstanding loan on trade in) or put up a large down payment, the GAP is unnecessary since you have already paid for the new vehicle&#039;s depreciation.]]></description>
		<content:encoded><![CDATA[<p>Most of a new vehicle&#8217;s depreciation is in the first 2 or 3 years. If you ever have a high trade in (no outstanding loan on trade in) or put up a large down payment, the GAP is unnecessary since you have already paid for the new vehicle&#8217;s depreciation.</p>
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		<title>By: 9 Money Dealers Sites</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-448993</link>
		<dc:creator><![CDATA[9 Money Dealers Sites]]></dc:creator>
		<pubDate>Sat, 07 Jan 2012 22:01:08 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-448993</guid>
		<description><![CDATA[[...] 10 Ways Car Dealers Make Money Off YouMar 9, 2009 Top 10 Lists: At some point in our lives, we all have to buy a car. Whether it be brand new or second [...]]]></description>
		<content:encoded><![CDATA[<p>[...] 10 Ways Car Dealers Make Money Off YouMar 9, 2009 Top 10 Lists: At some point in our lives, we all have to buy a car. Whether it be brand new or second [...]</p>
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		<title>By: Arthur King</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-446769</link>
		<dc:creator><![CDATA[Arthur King]]></dc:creator>
		<pubDate>Sat, 31 Dec 2011 22:05:34 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-446769</guid>
		<description><![CDATA[As a sales consultant at a large dealership, I agree completely with all of your points--only one exception: GM will average between 3% to 8% markup. Since the economy has suffered a recession due to the credit crisis many banks are reluctant to loan much over 100% loan-to-value. Only A tier credit will qualify for up to 130% LTV. As far as some of those who do not understand what hold back is, just think of it as a bonus the dealer gets once he sells the vehicle. Remember that although it is important to be prepared to negotiate to get your best deal that the dealer does have to make a profit because otherwise he can not operate his business. As far as F and I I agree that it is not necessary to purchase everything offered but keep in mind that products like gap insurance can give you peace of mind if your car is totaled in an accident. If buying a used car it never hurts to buy an extended warranty--especially if the car you are buying does not have any warranty left from manufacturer or if the manufacturer&#039;s original warranty is non-transferable beyond a certain mileage.  If anyone has any further questions, please email me and I will provide you with a link to my blog &quot;advice for your next vehicle purchase.&quot; Lastly, please keep in mind that there are many honest, reputable dealers and sales consultants out there so if you feel like the dealer or salesman is not being up front with you just stop the process and walk away.]]></description>
		<content:encoded><![CDATA[<p>As a sales consultant at a large dealership, I agree completely with all of your points&#8211;only one exception: GM will average between 3% to 8% markup. Since the economy has suffered a recession due to the credit crisis many banks are reluctant to loan much over 100% loan-to-value. Only A tier credit will qualify for up to 130% LTV. As far as some of those who do not understand what hold back is, just think of it as a bonus the dealer gets once he sells the vehicle. Remember that although it is important to be prepared to negotiate to get your best deal that the dealer does have to make a profit because otherwise he can not operate his business. As far as F and I I agree that it is not necessary to purchase everything offered but keep in mind that products like gap insurance can give you peace of mind if your car is totaled in an accident. If buying a used car it never hurts to buy an extended warranty&#8211;especially if the car you are buying does not have any warranty left from manufacturer or if the manufacturer&#8217;s original warranty is non-transferable beyond a certain mileage.  If anyone has any further questions, please email me and I will provide you with a link to my blog &#8220;advice for your next vehicle purchase.&#8221; Lastly, please keep in mind that there are many honest, reputable dealers and sales consultants out there so if you feel like the dealer or salesman is not being up front with you just stop the process and walk away.</p>
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		<title>By: 8 Money Car Sites</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-445148</link>
		<dc:creator><![CDATA[8 Money Car Sites]]></dc:creator>
		<pubDate>Sun, 25 Dec 2011 10:48:40 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-445148</guid>
		<description><![CDATA[[...] 10 Ways Car Dealers Make Money Off YouMar 9, 2009 Top 10 Lists: At some point in our lives, we all have to buy a car. Whether it be brand new or second [...]]]></description>
		<content:encoded><![CDATA[<p>[...] 10 Ways Car Dealers Make Money Off YouMar 9, 2009 Top 10 Lists: At some point in our lives, we all have to buy a car. Whether it be brand new or second [...]</p>
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	<item>
		<title>By: Jwelxh</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-441466</link>
		<dc:creator><![CDATA[Jwelxh]]></dc:creator>
		<pubDate>Tue, 13 Dec 2011 20:00:13 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-441466</guid>
		<description><![CDATA[I had to sign papers twice the first time I signed gap insurance with my loan the second I was stupid and they didn&#039;t even show me gap papers now my car is totaled what do I do I think That they screwed me]]></description>
		<content:encoded><![CDATA[<p>I had to sign papers twice the first time I signed gap insurance with my loan the second I was stupid and they didn&#8217;t even show me gap papers now my car is totaled what do I do I think That they screwed me</p>
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		<title>By: Thank youI are always looking for good information about bees, bee sting treatments and beehive remo</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-437849</link>
		<dc:creator><![CDATA[Thank youI are always looking for good information about bees, bee sting treatments and beehive remo]]></dc:creator>
		<pubDate>Fri, 02 Dec 2011 08:37:21 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-437849</guid>
		<description><![CDATA[Heads Up I simply love your charming blog thank you and pls stick at it ]]></description>
		<content:encoded><![CDATA[<p>Heads Up I simply love your charming blog thank you and pls stick at it</p>
]]></content:encoded>
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		<title>By: camper trailers for sale in florida</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-433809</link>
		<dc:creator><![CDATA[camper trailers for sale in florida]]></dc:creator>
		<pubDate>Mon, 21 Nov 2011 16:50:32 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-433809</guid>
		<description><![CDATA[Thanks for this informative post. Thanks for taking the time to wright this!]]></description>
		<content:encoded><![CDATA[<p>Thanks for this informative post. Thanks for taking the time to wright this!</p>
]]></content:encoded>
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		<title>By: SS</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-433670</link>
		<dc:creator><![CDATA[SS]]></dc:creator>
		<pubDate>Mon, 21 Nov 2011 05:14:53 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-433670</guid>
		<description><![CDATA[My experience is:

Tired to buy a Honda Fit for 17,000 and change a few years ago with a offer by the dealer that would give double trade-in value.  We had a single cab Tacoma but needed more room it was worth 15,000 KKB (maybe 18 months old 26,000 miles).  We did ask  for 9,000 and not even asked for the double.  First they wanted to charge us $1500 for a cargo liner and those plastic strips you put on car doors I said no i didn&#039;t want them then they said they wouldn&#039;t do any high trade in for a Fit because they don&#039;t make any profit (hence the $1500 crap) so I walked a way.  They said I was unreasonable.  Not true don&#039;t send an offer listing Fits (no small print) and then not honor, bad business.

We are currently looking at used RAV4s.  We test drove the other evening a 2008 and they kept trying to pressure us to make an offer after I was honest and said I would have to think about it and check a few things out, so I made I ridiculously low offer $5000.    We agreed to test drive one other vehicle, newer RAV4, and it was nice but I had not check for prices yet on the 2009 so I said I would have to think about it.  Offer 19,000 out the door.  First the sticker on the car was $25,995 and when they showed the offer they showed $27,995 minus $2,000 to make the offer the sticker price, the next one was $24,995.   But if you are not listening to me then I will not make good offers.  I did not say no or I wouldn&#039;t be back,  I just had to think.  

On both I am glad did walk away because the 2008 actually after doing some research I realized 4wd issues and it had been in an accident so I have a feeling other things may have been wrong(which they did show the car fax).  The 2009 was nice but the same deal is available for one with less then half the mileage and the same options.

I admit I do try to find the best bargain and yeah a few hundred dollars is important.  If you don&#039;t think it is then you have a lot more money then me.  You never know if you will have a job the next day in this economy.   I do not like being pressured to buy a car I am not quite sure about.  Just give me a bit of breathing space.  And documentation fees are $699 in some places we had to pay $599 when we bought our Scion XD.   A car is a big investment at least for me.  

So I don&#039;t mine paying a fair price but I do have to think about my budget.   The car industry needs to start treating the dealerships fairly.   You need Unions to protect workers in manufacturing otherwise they would pay them minimum wage and no compensation.   Not all Unions are bad but not all are good.   

I have known car salesman who were told by managers to jam it to people and those who treated people fairly.  One other thing what is meant by &quot;if the customers lips are moving he is lying&quot;????]]></description>
		<content:encoded><![CDATA[<p>My experience is:</p>
<p>Tired to buy a Honda Fit for 17,000 and change a few years ago with a offer by the dealer that would give double trade-in value.  We had a single cab Tacoma but needed more room it was worth 15,000 KKB (maybe 18 months old 26,000 miles).  We did ask  for 9,000 and not even asked for the double.  First they wanted to charge us $1500 for a cargo liner and those plastic strips you put on car doors I said no i didn&#8217;t want them then they said they wouldn&#8217;t do any high trade in for a Fit because they don&#8217;t make any profit (hence the $1500 crap) so I walked a way.  They said I was unreasonable.  Not true don&#8217;t send an offer listing Fits (no small print) and then not honor, bad business.</p>
<p>We are currently looking at used RAV4s.  We test drove the other evening a 2008 and they kept trying to pressure us to make an offer after I was honest and said I would have to think about it and check a few things out, so I made I ridiculously low offer $5000.    We agreed to test drive one other vehicle, newer RAV4, and it was nice but I had not check for prices yet on the 2009 so I said I would have to think about it.  Offer 19,000 out the door.  First the sticker on the car was $25,995 and when they showed the offer they showed $27,995 minus $2,000 to make the offer the sticker price, the next one was $24,995.   But if you are not listening to me then I will not make good offers.  I did not say no or I wouldn&#8217;t be back,  I just had to think.  </p>
<p>On both I am glad did walk away because the 2008 actually after doing some research I realized 4wd issues and it had been in an accident so I have a feeling other things may have been wrong(which they did show the car fax).  The 2009 was nice but the same deal is available for one with less then half the mileage and the same options.</p>
<p>I admit I do try to find the best bargain and yeah a few hundred dollars is important.  If you don&#8217;t think it is then you have a lot more money then me.  You never know if you will have a job the next day in this economy.   I do not like being pressured to buy a car I am not quite sure about.  Just give me a bit of breathing space.  And documentation fees are $699 in some places we had to pay $599 when we bought our Scion XD.   A car is a big investment at least for me.  </p>
<p>So I don&#8217;t mine paying a fair price but I do have to think about my budget.   The car industry needs to start treating the dealerships fairly.   You need Unions to protect workers in manufacturing otherwise they would pay them minimum wage and no compensation.   Not all Unions are bad but not all are good.   </p>
<p>I have known car salesman who were told by managers to jam it to people and those who treated people fairly.  One other thing what is meant by &#8220;if the customers lips are moving he is lying&#8221;????</p>
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		<title>By: Lance Vanvickle</title>
		<link>http://listverse.com/2009/03/09/10-ways-car-dealers-make-money-off-you/comment-page-3/#comment-432422</link>
		<dc:creator><![CDATA[Lance Vanvickle]]></dc:creator>
		<pubDate>Thu, 17 Nov 2011 08:15:01 +0000</pubDate>
		<guid isPermaLink="false">http://listverse.com/miscellaneous/10-ways-car-dealers-make-money-off-you/#comment-432422</guid>
		<description><![CDATA[Compliments for this post, I am glad I noticed this website on yahoo.]]></description>
		<content:encoded><![CDATA[<p>Compliments for this post, I am glad I noticed this website on yahoo.</p>
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