Dealer Tricks: Want Additional Fees?

It is a common scene to see a lot of added fees on the car of your choice even if a price has already been agreed upon by both parties.

Extended Warranty: You are the one who have to decide whether or not a warranty will be added an extra year. No dealer maneuvering should be making that decision.

Dealer Preps: Try to not pay more than what is listed on the car site or the sticker price. Some dealers try to add dealer prep costs when the price is already in plain sight.

The Big APR Switch: This may be the most disappointing and frustrating scam a buyer may encounter. What is worse is that it could happen after you have taken your dream car home and drove it for a week. After that time, you suddenly get a phone call from your dealer informing you that they are increasing your interest rate and subsequently your monthly fees. According to the dealer, this is because there was a problem that was overlooked in your loan application, which is supposed to be thoroughly reviewed. Make sure that you have studied all your financing options even before you step into the car dealership. Communicate with your bank or online financing sites to provide you information in order to avoid getting scammed by this nasty tactic.