Deal Talk

Deal Talk

By Geoffrey Jerome VeitBusinessEducationHow To
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Deal Talk episodes

  • Know about EV's before you vote

    The Electric Vehicle Hoax

    A review to avoid being pushed

    Electric vehicle types?

    Hybrid

    Plug in Hybrid

    Total Electric

    What are the limits?

    What about trade values?

    Charging takes time, lots of time

    No charge? What to do

    Fossil fuel taxes pay for roads, how will EV’s be taxed?

    Crash safety is a concern?

    We need the minerals that are not here

    Find a power source

    Electric fuel can cost as much as gas

    Will the monopoly of electric sources raise the rates?

    The cost difference in new electric vehicles is huge.

    Maintenance happens on all vehicles

    Battery versus tuning, $

    Are electrics a planned obsolescence?

    Who can fix them?

    Resale is a guess but my bet? poor

    Environmental facts vs exaggerations

    100,000 mile fuel cost difference

    41 min
  • Is your research done? Now what?

    Is your research done?  Now what 

    EV corner

    The entire issue is blown out of proportion

    You can’t put products before the science

    Great negotiating requires great due diligence.

    Avoid cash or shopping talk.

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

    Don't acknowledge the asking price

    Always ask for a better price at least twice before making an offer

    Assertive, not aggressive                                                    

    Hold your lips together tightly as the dealer plays his cards

    Don't take the dealership’s position or attitude personally

    ACV versus allowance.

    Either way works but one at a time works best

    Due diligence is your ammunition.

    39 min
  • The what and why of due diligence plus EV corner

    The what and why of due diligence plus EV corner

    Electric vehicle charging levels

    Charging improvement means more $

    Each electric company area could be a monopoly

    2022 Consumer Report has a great ratings section

    Brand tells the story best

    Due diligence is paramount

    There are no short cuts to good results

    Know what you want first

    Used price calculation methods for used

    Use the Monroney label for online comparison of new

    The internet for some of today's information but not buying

    Get the facts and leave the rest.

    Beacon scores

    Bank rates and terms at least 4

    Internet quotes or however possible

    Assertive not aggressive

    Shop dealer installed accessories before the deal

    Chose a few dealers

    Compare amenities

    Go in armed with the facts. There is no substitute

    30 min
  • Dealer advertising is like the fake news

    Dealer advertising is like the fake news

    F150 is just 150 miles loaded

    Where is the Lithium?

    A plan for better MPG

    Bad ads = bad experience

    Bait and switch

    Switching stories

    Ridiculous trade values

    Guaranteed payoff is a hoax

    Rebate tricks

    Employee pricing, means what?

    Disclosures

    Plus everything

    Radio, newspaper, magazines, TV, social media,

    Government ads for Green new deal support

    FTC will help eventually

    Not a single number is factual

    A dealer’s ads indicate their ethical character

    Do diligence will protect you

    Still OTD and CPI

    44 min
  • EV news plus one price dealers

    EV news plus one price dealers

    Twenty eight thousand ?

    Electric is often missing all that is needed

    Big organizations make mistakes but can afford to

    The one price stories

    There are no special deals just special methods

    Why are one price techniques uesd

    Cut the dealer ‘s expenses

    Enhance the profits

    It’s not about customer satisfaction

    2+2 is not 5

    No haggling does not mean a good price

    Ho Hum prices at best

    Shorter sales process, longer F&I time

    Don’t let your guard down for a second

    Negotiating is better for the customer and their satisfaction

    One price gives a dealer higher profits as a whole

    No matter what they say, haggle anyway, or move on

    33 min
  • What to do if you purchase a problem vehicle

    What to do if you purchase a problem vehicle

    The FTC is increasing their rules for dealers

    Does it really help or just increase prices

    Electricity costs are going up…fast

    The Lemon law

    All states have a lemon law but guidelines vary

    Get the dealer principal involved after two repair efforts fail, don't wait.

    Get your forms from your state's Attorney General office

    Arbitration could be available from the manufacturer

    Federal lemon law

    Magnuson-Moss act

    FTC new or used

    Effort equals results

    The main concepts

    33 min
  • Dealing on a medium or low priced used

    Dealing on medium and low priced used

    Don’t be fooled by a $7500 credit there are lots of other reasons

    So many new vehicle tricks and gimmicks, go used

    Used leasing isn’t good

    Inexpensive is many things

    Used vehicle categories are different

    Priorities have a number

    Like everything , pay more, get more

    Many ways to save

    Clear title is always number one

    A check list to follow

    Low dollars are low value

    Banks always play a part

    Junk is just that

    Why was it salvage

    AS IS describes current condition

    Salvage title means brought back from the dead

    33 min
  • The due diligence for buying a used vehicle

    The due diligence keys when buying a used vehicle

    Climate change barrier reef is 90% better

    Tax credit?  Only a few models and who needs it?

    Due diligence on a used is different

    Resale consideration can be just as important

    You need wholesale and retail prices

    Use all the pricing guides

    Call for quotes

    For exact options you can’t be too picky

    Special reports will help, like Consumer Reports

    What are the keys

    What Dealer?

    What are your basic needs

    Check for flood signs

    More due diligence

    Checking banks cuts even more $

    They will call if you walk

    OTD or CPI, always

    Cash pressure on the non-dealer

    Trade works the same as new

    CPO is not the best deal

    48 min
  • The key do's and don'ts

    Do's and don'ts

    EV battery onto the reasons list

    Short cuts to dealing

    The don’t do it list

    The reverse of what to do

    Test driving?  No pricing

    Out of time

    Three choices as I see it

    Sometimes what not to do is just as good

    Take time for Due diligence

    Avoiding mistakes

    From basic to not so basic

    A list of not to do

    Leasing adds to the list

    Electric vehicles, Just say no

    33 min
  • Buying an electric vehicle review

    Electric vehicle review

    Carvana is banned in Illinois

    Don’t buy on line, ever

    Ship fire at sea can’t be extinguished and 4000 electric vehicles go down

    Green new deal is crazy

    Reviews and reports on electric

    Mild hybrid

    Hybrid

    Plug in hybrid

    Total electric

    The resale facts are huge

    They cost more

    The cost of ownership is more

    Convenience has value

    Price , distance, time, safety

    Save enough to drive 80,000 miles

    41 min

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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,…