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A car dealership owner has revealed lines that auto salespeople may use to get you on the hook for a more expensive vehicle than you can afford or wish to pay for.<\/p>\n
The Virginia-based business owner shared the key shopping insights in two TikTok videos filmed at his lot.<\/p>\n
Kenny Martin\u2019s (@kennycompcars) video clip begins with him imitating a salesperson telling a customer: \u201cSo let me get this straight: you\u2019re saying if we can get to that payment, you will buy right now, today?\u201d<\/p>\n
The car dealership boss urges viewers to pump the brakes on proceeding with a vehicle transaction if they hear this sentence from a salesperson.<\/p>\n
He explained: \u201cThe \u2018if we can get to that payment close.\u2019<\/p>\n
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\u201cA lot of salespeople will use that. You don\u2019t know if that payment is going to be four years or eight years, or they might even try to put you in a lease.\u201d<\/p>\n
Kenny recommends that car shoppers work on their financing through a bank before visiting dealerships.<\/p>\n
This action lets you know what interest rate your bank or credit union is offering and the dollar amount you\u2019re seeking.<\/p>\n<\/p>\n
Don’t miss… <\/strong> Kenny\u2019s second instructional video involves a dealership salesperson telling a car shopper: \u201cYou are getting a brand new car [instead of a used one] for only three more dollars a day.<\/p>\n \u201cThat\u2019s nothing! Sign right here for me.\u201d<\/p>\n Kenny clarifies that \u201conly three more dollars a day\u201d doesn\u2019t sound like much, but that same rate equals $90 more per month or $1,080 more per year, so evaluating the bigger picture regarding vehicle financing is vital.<\/p>\n<\/p>\n We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n Get all the latest news, entertainment, sport and lifestyle updates from our dedicated American team.<\/p>\n
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