Deal Talk

Deal Talk

By Geoffrey Jerome VeitBusinessEducationHow To
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Deal Talk episodes

  • Deal Talk 072 One price review

    One price sales review:

    Last week

    Listener Questions

    Rentals can be okay

    A fee by any other name

    Finance has the CFPB

    Brand reputation

    CVT is the future

    Selling One price

    Usually the higher average

    Don’t let your guard down

    Due diligence is the key

    It’s all about low overhead for the dealer

    As always OTD is the answer

    31 min
  • Deal Talk 071 Don't do this review

    Don't do this review review:

    The news

    Comparing different makes same model type

    Before and after

    Don’t forget resale in the comparison

    The best deal requires due diligence in advance

    These could decide your model

    Due diligence is always the key

    The list of twenty-five "Do not dos" in making a deal

     All in all, stick to Deal talk

    31 min
  • Deal Talk 070 UDAP review

    UDAP trumps the locals

    Last week crazy ads

    CFPB trying to beat back the dealer reserve

    Banking fines

    Consumer report the year’s top 6

    The years 4 disappointment

    Brand can make a big difference

    The list can help predict

    A trip to AutoNation

    Federal trumps local

    You have a way to make things right

    Consumer protection is alive and well UDAP

    State interpretation

    http://www.nclc.org/images/pdf/udap/analysis-state-summaries.pdf

    Ad an A for abusive

    UDAAP

    31 min
  • Deal Talk 069 About the ads

    About the ads

    Last week

    Early termination

    Bait and switch

    Radio or paper

    Multiple rebates

    Ridiculous trade values

    Employee pricing, what?

    Disclosures

    Plus everything

    Feds are on the hunt

    Identify the good ones

    Nothing else matters

    28 min
  • Deal Talk 068 Definitions

    Definitions worth the time:

    Last week

    The power of a worksheet

    It all adds up

    OTD the payment, finance or lease

    Adding the glop

    Accessories at cost

    Dealer fees do matter

    Effects on minus equity

    Insurance loss

    Book values do not add for fees

    Leases don’t have to worry

    Focus on the bottom line, it’s all that matters

    32 min
  • Deal Talk 066 Basics explained

    The basics explained

    Review where to buy

    Crazy ads

    Is it worth the effort?

    How much due diligence?

    Follow the steps

    The main concepts

    OTD is king

    What cash?

    Trade value preparation

    Assertive

    Why list vs price

    ACV vs trade value

    Focus on the bottom line

    29 min
  • Deal Talk 065 Where to buy facts

    Where to buy facts
    1. Minus equity review
    2. Chose first, negotiate later
    3. Make a list of dealers
    4. Eight considerations when choosing a dealer
    5. What about the chain stores?
    6. Selection does not equal value
    7. Bureaucracy can get in the way
    8. Online sellers, another mouth to feed
    9. Buy with your head

    28 min
  • Deal Talk 063 Getting help review

    Getting help:

    Carvana dot com

    Your payoff

    Chain of command

    Due diligence, due process

    Salesperson, Manager, Dealer principal

    Manufacturer (Company.com)

    Better business (BBB.org)

    Attorney general (your state.gov/attorney general)

    UDAP statutes Last

    Assertive, not aggressive

    Great notes, “The Informed Buyer”  http://goo.gl/jBvgi1

    Persistence is Omnipotent

    30 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,…