Author Archive: Maurice Rice

Best Ways to Pay for Your New Car at a Dealership

There is no doubt that the car business has turned out to be the most vital business sectors in the world today. However, numerous individuals fail to understand all the particular elements that make up this sector. From assembling to buyers, there are lots of stages a vehicle must go through. In fact, one of the, most beneficial, if frequently ignored, components of the car business are dealerships.

Dealerships serve as the fundamental middlemen between a car manufacturer and the customer. At a dealership, sales experts are used to disclosing vehicle options to potential buyers and ultimately encourage the transfer of ownership. Both used and new cars can be acquired at a dealership, and a high number of such facilities worldwide make up the major hotspot for vehicle deals.

Car dealerships generally stock a wide variety of vehicle choices. They are additionally ready to customize products with special requests to suit a customer’s particular needs. In general, dealerships stock such vehicles as bikes, autos, light trucks, vans, and some water sports gadgets.

Perhaps amongst the most important parts dealerships play is in determining the real selling cost of a vehicle. Unlike other products, vehicles are fairly adaptable in terms of the purchaser’s capacity to influence how much he or she will pay. Negotiating “decent deal” is a basic component of the vehicle purchasing process at a dealership. Thus, the dealer must know about different market considerations to ensure a profit is made without losing purchasers to competitors. Dealerships may also provide leasing choices. This enables them to hold ownership of a vehicle and temporarily lease it out to a client for a time of several years. This offers purchasers with a more reasonable alternative for accessing to a vehicle. It additionally gives the industry access to individuals who generally would not able to spend pay on a car.

Once a buyer chooses to buy a car from a dealer, he or she should also use the dealership to facilitate financing. Most vehicle buys are not made in cash. Rather, they are paid on a set schedule for a number of years. Rather than obtaining a loan from a different lending institution, most dealerships give financing services through participating partners. This can be done at the dealership without much pressure placed upon the consumer to investigate lots of banks. Furthermore, some dealerships enable customers to obtain car insurance and appropriate license plates. Thus, dealerships become “one-stop shops,” for vehicle buys. This is not only a comfort for clients but also aids increase car revenues.

In addition to facilitating deals, dealerships are a purchaser’s essential asset for vehicle care. Most dealerships offer mechanical services to vehicle buyers for a considerable length of time following the initial transaction. This helps keep consumers active in the car economy even beyond the actual purchase of a vehicle. This gives considerable numbers of jobs in the car business for the individuals who understand vehicle mechanics. Consequently, dealerships help expands the car sector in yet another way.

Eventually, dealerships are an integral part of the car business. They play various essential roles that are fundamental for the survival of this industry. Without dealerships, it is impossible cars would be as accessible to the general consumer public.

does your dealership do this?

I was talking with a friend the other day about used car salesman and just dealerships in general. I led in with the “they only want your money and to rip you off, they’re all the same!” and he begged to differ. He went on to explain how 1 dealership he knows of, Bruce Cavenaugh’s Automart a used car dealership in Wilmington, NC. Of course, I’m still a naysayer.  I don’t believe any used car lot would ever go above and beyond for a customer (other than wanting more money).

He went on to explain he had a really bad car accident and when it came time for the insurance to cut him a check, he felt like the check wasn’t as much as it should of been. See, insurance companies have a funny way of “calculating” the value of a car and of course…more times than not,they low ball you! His friend said he reached out to the dealership where he bought the car and asked them what they thought. So the owner him self, Bruce, called the insurance company as an advocate on his behalf.

Wouldn’t ya’ know, the $12,000 check the insurance company originally was going to cut him turned into a $16,000 check!

To me that is amazing. This car dealership did not have to go out of it’s way to help it’s customer get more money back from the insurance company. But they did. This gave me a new found respect for car dealerships in general. Well, at least for the used car lot in Wilmington, NC that he mentioned.

If you’re reading this and you’re a dealer, you should learn from their example of outstanding customer service and go to bat for your customers with the insurance agencies as well!

Go ahead and check out this video below that goes over their inventory and if you’re in the Wilmington area, stop in and say hey!

Off to the races

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