Read Your Contract to Eliminate Add-on Products
In the competitive field of automotive sales, there are some cities with several auto dealers per block. A savvy customer may be able to talk auto dealerships out of much of their profits. Armed with the vast up to the moment knowledge of car prices and stats that their Internet connection can yield, they bother the car salesmen to seek other avenues of revenue. That being the case, they will endeavor to recoup those lost profits on such undervalued sales. One way they go about that is by concentrating on stacking the automotive sales agreement with extra products and services. These types of products are known as add-on products. You can read more about this here.
Add-on products can take many shapes and sizes
One example of a service based add-on is selling the customer an extended warranty. Extended warranties have often received a lot of bad publicity about them not being a good investment. But no matter how excellent the workmanship of an automobile may be, they will always require service and repair. So in that sense, the extended warranty, by foreseeing such eventualities, can oft reduce the cost for those inevitable service visits. That’s why consumers should consider the inherent value of them.
Other add-on products that might be found in an auto sales contract will have to do with extra bells and whistles for the vehicle. There is virtually no end to these types of extras. While adding real value to the automobile, these features could also well be done without.
Things like a stronger stereo, whitewall tires, plusher carpets, matching cargo totes for the trunk, hill start to assist control, etc.
There are also financial products that the auto dealership will be fond of adding on to each of their car sales. One such popular add-on is insurance on the car buyer’s. That will cover: loss of employment due to illness, layoff or other miscellaneous events.