Deal Talk

Deal Talk

By Geoffrey Jerome VeitBusinessEducationHow To
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Deal Talk episodes

  • Servicing, maintaining and resale value

    Servicing and resale

    Reminder of repair vs buy

    Pre-approved or approve

    After you take delivery

    Consider the maintenance

    Resale vs up keep

    Service is all about money

    Synthetic oil has a purpose

    Clean, not replace

    Tuning maybe

    Brakes and hoses

    Transmission is long term

    Waxing, love bugs and acid rain

    29 min
  • Deal Talk fix or buy, finance a new or used

    Fix it, buy it, finance it

    Be aware of the recall law

    A year old demo is another name for used

    An auction vehicle is just another used

    Fix the old or buy a new?

    Compare ALL the facts

    A lot to consider

    What rate?

    What determines the rate?

    Term and vehicle age

    Know your credit score first

    Shop 4 banks, at least

    Compare the sub-vented to the rebate with your bank

    Reserve is an issue

    Used is a rate hike

    Check it out

    Tips for used success

    Where is the best value?

    35 min
  • Deal Talk 190 Dealer ads everywhere

    Dealer advertising

    Oh, by the way

    CR 2019 auto issue

    Brand matters

    Trade ready

    TV, radio, newspaper, social media

    New ways to bait and switch

    Trying to help

    Old story

    More cons then pros

    Disclosures

    Head for the country

    Radio or TV ads unclear at the end

    The culture in all departments

    It shows the heart of that dealer

    28 min
  • My leasing adventure

    My leasing adventure

    1. Cash reporting
    2. Preparation
    3. What vehicle
    4. Quote Persistence
    5. Current lease or trade
    6. Where’s the lease email?
    7. Dealers try to control
    8. Get an email
    9. Go up the ladder!
    10. Shop your trade and bump it
    11. Factory programs aren’t always available
    12. Be prepared to change makes
    13. Do it your way or move on
    14. Confirm the terms
    15. Make sure it is all in CPI
    30 min
  • Luxury highline buying

    luxury highline

    Brands are up to you

    Test drives are paramount

    What are Luxury vehicles?

    Safety is key

    High tech

    Resale is #1

    Power, quality, technology

    More affordable

    Resale leases best

    Other things affect resale

    Big price-big savings

    CPO no, used maybe

    Due diligence in required

    29 min
  • Deal Talk After you buy

    After you buy

    Rebate vs Finance

    7% of the used vehicle buyers

    Be careful dealing with individuals

    Where did the internet department go?

    Review the Monroney Label

    Review all the numbers

    Read the manual

    Register your tires

    Used must register with the manufacturer

    Used vehicle extras

    Sealant, upholstery guard, mud flaps

    Extras to think about

    The bag in the trunk

    Leasing worries less

    If a better deal shows up

    27 min
  • Must do tips

    Tips to remember

    1. Used vehicle rates
    2. Beacon score can be a line
    3. Cash is king but quietly
    4. Keep it to yourself
    5. In this case, use it
    6. Electronic control
    7. Be prepare for hacking
    8. In person please
    9. Trade shopping
    10. Enough quotes?
    11. Not your friends
    12. Fee or no fee?
    13. Your name is enough
    14. Payment calculator
    31 min
  • Buying a truck

    Deal Talk Buying a truck

    F&I profits

    Example not a lesson

    Used vehicle giants

    Up to 16000 off

    Interest rates grow

    The box size

    Transmission and resale

    Engine

    4x4 = $x$ Keeps on giving

    Resale is king

    Always OTD

    Know exactly what you need before you look

    Finance is a bigger factor now

    Used trucks compare to new

    Carfax always

    Check for Flood vehicles

    31 min
  • Deal Talk F&I Products Today

    F&I products

    Stats that mean something

    If your quotes aren’t complete

    No to everything can be as bad as yes

    Geographic add-ons help resale

    OEM add-ons

    Dealers use add-ons

    Prepaid maintenance

    Life and A&H

    Motorcycle add-ons

    Truck add-ons

    Always the factories Extended warranty

    You can shop all of it before you buy

    Do the planning and pricing of add-ons before you get to the dealership

    33 min
  • Getting yours ready to trade or sell

    Getting yours ready to trade or sell

    1. A few questions
    2. Buying from the public
    3. Why they are selling
    4. Be more diligent
    5. What you should verify and know
    6. Selling or Trading
    7. Retailing pays
    8. Prepare
    9. Trade or not to trade
    10. Know what you are trading
    11. Deal first, trade second
    12. Research
    13. Get it ready, it pays
    14. No matter what you trade
    15. What you owe versus trade
    16. Resale value is a big part
    34 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,…