Deal Talk

Deal Talk

By Geoffrey Jerome VeitBusinessEducationHow To
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Deal Talk episodes

  • Dealer's ad con

    Deciphering dealer advertising

    Not so smart car end

    Test drive or wait

    Bait and missing

    Switching stories

    Ridiculous trade values

    No matter what you owe

    Multiple rebates

    Employee pricing, means what?

    Disclosures

    Plus everything

    Radio, newspaper, magazines, TV, social media, other internet

    FTC will help eventually

    Not a single number matters

    A dealer’s ads uncover their ethical character

    32 min
  • The don'ts of automotive buying

    The don’ts of automotive buying

    When the storm is over

    Gas is cheap

    Electric resale is a question

    The do not’s win

    A list of what not to do

    Extra leasing

    Pick one out without terms

    Always test drive

    Think about the future, the fit, your needs, resale value, etc.

    Bank first, deal later

    Never talk cash

    Always, Carfax/Auto check

    Never give up

     Stick to Deal Talk

    31 min
  • Dealing with a one price store

    Dealing with a one price store

    Always be careful of the special deals

    Maintenance can wait during the epidemic

    Repairs might not wait

    Lower overhead and better averages

    Customer satisfaction is not the reason

    2+2 is not 5

    One price does not mean good price

    Ho Hum at best

    F&I has more time

    Negotiating is a happier customer

    Usually a higher average profit

    Don't let your guard down

    25 min
  • Buying vehicles and protecting your credit during tough times

    Buying vehicles and protecting credit during the virus

    You are in control

    Easier over the phone

    Easier internet information

    In writing is always better

    Due diligence still applies

     You have more time

    Protecting credit score

    Score factors

    What hurts credit

    Too much buying power

    End the extra credit

    Communication is king

    Peter to Paul

    True one price is a culture

    29 min
  • When is the best time to buy?

    When is the best time to buy?
    1. Hold off buying might be a good idea
    2. Keep you loan company in the loop
    3. Wipe it down weekly
    4. Keep it full
    5. When is a big factor
    6. Weather can be on your side
    7. Post-holiday
    8. Summer heat
    9. Week day
    10. Last or 32nd
    11. Time thoughts
    12. Morning, noon or evening
    13. New model or left-over?
    14. Two year late model used
    15. Oddity of design change
    16. When not to buy?
    17. Lease timing advantages are similar
    18. Use what you can

    28 min
  • The Resale Story

    The Resale Story

    Demos aren’t required

    Always try it on

    Resale value should be your number one

    Resale is part of your deal

    A good deal, might not be

    Good resale shrinks minus equity

    Is resale part of the deal?

    Biggest cost but considered the least

    A year round factor

    What is Predictable?

    What else plays a part?

    How to protect resale

    What are all the factors?

    What can you do?

    Think twice, buy once

    28 min
  • What lemon law

    The Lemon law

    Good salespeople are a guess

    Stick to the due diligence

    Is good customer service a thing of the past?

    Lemon law

    All states have one

    All states are different

    Arbitration could be available

    Federal lemon law Magnuson-Moss

    FTC new or used

    Effort equals results, as everything

    The main concepts

    Same exact vehicle

    Assertive, never aggressive

    Focus on what matters

    A few more

    31 min
  • What's good about leasing?

    Leasing benefits

    Does it make sense?

    Resale guard

    Flexible terms

    More Choices

    Peace of mind

    More vehicles in 10 years

    Keep it, buy it, trade it or walk away

    No repair

    Mileage is a plan either way

    Tax?

    Still trade due diligence

    Keep your trade dollars

    Payment packing unclear

     

     

     

    https://auphonic.com/donate_credits?user=dealtalk

    35 min
  • Before you negotiate, prep

    Before you negotiate

    Review is good

    Getting your paperwork

    After the shopping model

    Get quotes     

    What you might say

    Ad blocker

    Trade shopping

    Beacon

    Calling Banks

    Insurance

    Add-0ns

    Check the amenities while testing

    The considerations when you're picking a dealer

    Treatment does not get better

    No substitute for due diligence

    Have you ever been this ready

    27 min
  • Negotiation methods

    Negotiation methods

    Without confrontation

    Timid can win

    Aggressive trade issues

    Knowledge is key

    Due diligence support

    Waiting for results

    Can you do better?

    Persistence

    Deal and trade separate if possible

    Talk when there is a need

    Offer and fact together

    You may need to walk

    No substitute for due diligence

    Never shopping

    Never cash

    31 min

About Deal Talk

From the publisher's feed

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,…