Usually car buying services advertise they search nationwide to find you the best price available on a vehicle and promise to charge you only a small finder’s fee. It is a good idea to first compare the broker’s price to local dealers in your area.
A broker claims to save you money but the most common complaint against brokers is they may help find the best price but this doesn’t mean they can get you the best deal. It is common for brokers to try and add on a service fee on top of the finder’s fee.
If you use an auto broker to buy a vehicle you should make sure the contract comes from the dealership the vehicle is purchased from. Also make sure that car payments go directly to the same car dealership. Never make payments to or through the car buying service broker. Illegitimate brokers or those all of a sudden having financial problems could possibly take your car payments and run!
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