Comment by bloomingeek
2 days ago
I think most people get taken advantage of at a car dealership because they don't understand that they must do their homework on what the value is of the vehicle they're interested in, understand the financing, knowing what the extended warranty is worth and always walk away from pressure salesmanship.
If something is confusing, have them print out an offer on the vehicle and take it to someone for help. If they don't want to do that, walk! If the buyer remembers the dealership wants to make as much money as they can, then it's you against them. Since this is a given, what's on paper counts.
The more expensive a transaction, the more crap. Houses are worse than cars!
But then if you spend enough more you get into super fancy squads of lawyers territory and a lot more due diligence and contracts.
The sweet spot for scams it:
* rare enough for the average person that they won't do too many in their life, and so it would be high effort to become an expert
* not quite expensive enough that all your potential buyers can lawyer up
Kinda funny that we put up with it. It's not adding value to the economy.
I'm very much ok with having a used car, and in case that's true for you too, here's my thinking:
A private seller may be scamming you, but a professional car salesman is guaranteed to be.
or just call every dealership on the country looking for the ones that randomly need to fill their sales quota that month