Deal Talk

Deal Talk

By Geoffrey Jerome VeitBusinessEducationHow To
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Deal Talk episodes

  • Factory rebates and pricing labels

    Factory rebates and price labels

    Rebate slight of hand

    Check every choice, everytime

    Get a payment calculator

    Get the right info

    Labels

    Monroney matters

    Watch out for double Monroney

    What the label can tell you

    Comparing your diligence

    Additional Information

    Addendum label types

    Buyers guide

    Used labels for equipment only

    MSRP for proper comparison

    OTD is all that counts

    32 min
  • Cutting the buying time in half

    Cutting the buying time in half

    New and good buying tips are rare

    Payment range is payment packing

    Sometimes it is better to just leave

    If you don’t care, skip it

    Buyer beware when rushing

    Diligence in a hurry

    Phone and Internet

    A one-price store?

    One day, the whole day

    Be assertive, not aggressive

    Aftermarket exceptions

    What slows you down?

    Something is better than nothing

    The basics of the basic

    29 min
  • Rentals, leases, repos's, preparation

    Rentals, leases, repo's, preparation

    Additional Virus tips

    Stretch your service

    Drive a little

    Keep it up

    Body shop opportunity

    Rental car deals..Not

    Lease is not rental

    Off lease requires checks

    They are not worth more

    Repo maybe OK

    Flood may be a bigger consideration

    Avoiding a repo in the hard times

    If it happens, don’t give up

    Contact the lender soon

    Make a plan soon

    31 min
  • Credit levels and credit answers

    Credit levels and credit answers

    Driving half as much

    Discount or rebate

    Fuel efficiency roll back

    Costs that are coming

    credit sources. 

    Beacon scores and how they relate  

    Down payment makes a difference

    Many levels in autos

    Buy here pay here  last

    Secondary finance sources are better then BHPH

    Get some testimonials!

    You can still shop!

     Do what you can for your score now

    Average credit can get a better call, shop

    Where there’s a will, there’s a way

    28 min
  • First Time Buyer plan

    First time buyer plan

    Always a mileage statement

    More risk, more rate

    Know your budget

    Down payment isn’t a lock

    Employment LOI

    Finance first, buy and negotiate second

    Don’t give up

    Financing has many sources

    Referral letters will help

    Cosigners can trump everything

    Improve the risk

    Buy here pay here may be the last choice

    28 min
  • Should you purchase electric or gas?

    Should you purchase electric or gas?

    2040 58%?

    Buying an electric used?

    Electric resale poor

    Lack of rare earth minerals will affect electric vehicles

    3 categories and many makes

    Hybrid

    Plug in Hybrid

    Total electric

    Low limits

    Finding a power source

    Cost difference is huge

    Maintenance happens on all

    Battery versus tuning, Wow

    Resale is a guess but my bet is poor

    Environmental questions

    Over a 100,000 miles cost difference

    31 min
  • Ready to deal

    Ready to deal

    Auction units  might be Okay

    Thorough check

    Great negotiating requires great due diligence.

    Know the Monroney or book

    Always assertive not aggressive.

    Avoid cash or shopping talk.

    No matter what you offer, the dealer will try to bump you.

    Don't acknowledge the price anchor.

    Always hold your lips together tightly and listen.

    Don't take the other people's position or attitude personally

    ACV verses allowance.

    Either way works but one at a time works best

    Education is ammunition.

    29 min
  • Due diligence is paramount

    Due diligence is paramount

    Buying tips? Watch out

    Know what you want

    Used price or Monroney label for online buying

    The internet for today's deal.

    Get the facts and leave the rest.

    Book prices and shop it

    Beacon scores

    Bank rates and terms

    Internet quotes online or however

    Assertive not aggressive

    Safety sites

    Chose a few dealers

    Advertising is an ethics measure

    Go in armed with the facts

    30 min
  • Buying a lower priced used

    Buying used, the rest of the story

    More used purchasing questions

    Salvage title means totaled

    Only specific circumstances make it a deal

    You need to know the reasons

    AS IS describes what it is

    There are a few yes buts

    Leasing should be new units

    Used leasing isn’t good

    Buying an inexpensive (cheap) used vehicle

    Priorities vary by price

    Clear title is always number one

    A list of considerations

    Low dollars is about condition

    Banks always play a part

    31 min
  • Buying a preowned

    Buying a preowned

    It’s not an exact science

    Is a used vehicle deal different than a new vehicle deal

    Resale consideration is much the same

    Deciding what is a little less perfect

    Use all the pricing guides

    You need wholesale and retail

    Selection can’t be too picky

    Dealer considerations

    Special reports will help

    Basic needs

    Looking it over

    Check for flood signs

    More due diligence

    List of ten keys

    Even more banks

    Don’t be afraid to walk

    OTD or months, rate, amount

    Cash is Okay on the non-dealer

    It all matters

    What about your trade?

    CPO is still a poor choice

    41 min

About Deal Talk

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Advice on buying a car, truck or motorcycle. How to save money and avoid the hassles when purchasing or leasing a vehicle. Information about every aspect of an automotive purchase. Financing,…