Confessions of a Used Car Salesman

Consider the car lot as a battleground, with you on onewhichever used car dealership you go to.
side and the  used car dealer and his sales managerA common trade tactic is the four-square. This is a
on the other. There are psych wars and price warssimple piece of paper that’s folded in four.  The
that go on, albeit mostly on paper. But yes, once youused car dealer will write down the purchase used car
are in there, you must come prepared.prices and the trade value on the top deck, and the
Some ways you can “gear up” for the used cardownpayment and monthly payment on the lower
lot are: 1. Come in December; and 2. Come with yourdeck.
own financing.You will be initially presented with the top deck. The
December is often a desperate time for used carused car dealer would run through this fast, even if
dealers because almost no one is spending on cars. Atyou register some dismay (for the trade price, maybe).
this time, money goes into gifts and all the holidayHe will try to get you to focus on the bottom deck,
merriment. Everyone in the used car lot is feeling thewhich contains the down payment andthe monthly
pressure to make a sale. When you step in there, youinstallment. Moreover, in the scheme of things, the
can practically ask for all the perks and they will give itnumbers filled in these squares are from the sales
to you. Try it. Ask for free detailing, lower interest ratemanager, not the used car dealer. They usually have
on used car prices, and a new window tint; you mightthis setup wherein the manager sits in the
just get it.“tower” and the dealer goes back and forth
Also, when you come, come with financing. Financing is– from you to the manager – as negotiations go
another service that the used car dealership offers.on.
Without ready financing, they will push their rates andBe observant because if they have it their way, you
their options, further blurring what should be the focusand the sales manager will be negotiating the
of the day: the overall price of the used car and whatdownpayment and the monthly installment. The
your trade (if any) is worth. So get your own financing.essential numbers would have been forgotten. Focus
In the end, you will most probably be better off withon what’s important: your used car’s price and
the third party’s terms anyway.your trade in’s trade price, whether it be used cars
Many a used car dealer will tell you that the tricks ofin Toronto, used carsin  Vancouver, or used cars /
the trade are pretty much standard. You will get it atauto hebdo in Montreal.