Private Party Auto Purchase: Caution Is the Key

Dealerships frauds such as adding unnecessary fees to the invoice and selling flood-damaged cars have compelled car buyers to opt for private party auto purchase. It is a quick and economical way of buying a car. It is becoming popular among Americans because of the following reasons:

>> No aggressive marketing,

>> No extravagant commission,

>> No processing fee,

>> No dealer preparation charges,

>> No advertising fee, etc.

The benefits of choosing private party auto purchase are many. But, before jumping on the bandwagon, you must be cautious and make sure that you do not fall prey to the scams that are common while buying a used car from a private party.

“The Out of the Country” Scam

The seller says that the car is currently out of the country but he/she will ship it once the payment comes through. After receiving the money, the seller vanishes and the car is never shipped.

“The Escrow Service” Scam

The sellers ask you to use an online escrow service for safety purposes. However, the online website turns out to be a fake one.

“The Partial Payment” Scam

The seller demands a partial payment before shipping the car. You pay the money thinking that your car will be here any day only to realize that it was a scam.

“The Stolen Car” Scam

Before buying a car, it is important to scrutinize the car documents. If you fall for a stolen car and agree to buy it from the seller, there are chances that the police may seize the vehicle from you.

“The Odometer” Scam

The odometer shows the number of miles the car has driven. Sellers change the odometer and reduce the number of miles because a lesser driven car fetches a higher price.

How to make a Safe Private Party Auto Purchase?

1. Avoid buying cars from total strangers. If you buy a used car from your neighbor, family member, friend or acquaintance, there will be lesser chances of fraud.

2. If you opt for an online private party auto purchase, contact the seller via listed phone number. Remember that fraudulent sellers do not give their real numbers and insist on contacting via e-mail only.

3. Do not share your confidential banking information with any seller. Also, do not send money through wire funds because once the funds are sent through a wire transfer, they cannot be recovered.

4. Verify all the documents related to the ownership of the car. If there is a lien on the car, you must know every detail about it. It is better to contact the lien-holder for discussing the process of obtaining the car title. Also, ask your trusted mechanic to inspect the car.

Remember that when it comes to making a private party auto purchase, caution is the key. You must pay attention to each and every detail and not just focus on the low price of the car. It will help you in making a successful car purchase.

All the best for buying a perfect car.

How to Improve Used Car Sales: How to Sell Cars Profitably

If you need to know how to improve used car sales then first look at your sales staff. You might have poor staff or great sellers, but it is important to know who you have got working for you trying to sell your cars. The same applies to dealers selling new cars – your sales will only be as good as your sales staff!

You might know all the basics of getting the best price or even just how to sell cars profitably, but is your company maximizing its potential? Are your sales professionals maximizing their potential? Here are three ways of improving your used car sales and selling your cars profitably.

1. Keep Your Prices Affordable

You will not sell many used cars if the prices are too high. Everybody would like a Lamborghini but you won’t find one of these in a used car lot! Even if you had one, could your type of customer afford one? Know what the average used car buyer wants, and then make sure you provide it. Sure, stock some lower and higher value automobiles, but cater for the majority if you want to have steady sales.

2. How to Improve Used Car Sales: Know Your Cars

Your sales personnel must know their cars. Not only the cars they are selling, but make sure when you employ a used car salesman or woman that they know about cars. They must be able to answer questions about the cars you are selling. You will find it hard to teach this, although it is possible to teach the will to learn.

Any potential customer walking onto your lot will expect to be approached fairly quickly, and that the person approaching them will know about any car on the lot. They should be able to answer any question with regard to vehicle specifications, what price you are prepared to sell it at (irrespective of advertised price) and the finance options available to them.

3. Build Commitment and Management Into Your Company

We could add several more ways to make more money selling used cars, but the above two are important. This, however, is the most important of all. Build commitment: make sure your staff is committed to sell cars and not just appear for work every day; that you have done the best you can to pull in the prospects that they need before they can sell anything; that your staff is fully trained as much as they can be.

4. Car Sales Training Courses

If you know how to improve used car sales, then you will know that #3 is the most important. So how do you build that commitment, and how do you let your Automobile sales staff know that you are behind every one of them and want to help them to become more successful? Get them motivated to be successful, and you will make more money from sales of automobiles of all types. Here is one way.

How to Sell Cars Profitably

Auto sales training courses will teach you and your staff how to sell cars profitably and certainly how to improve used car sales. There are many such auto sales training seminars available online, but nothing can beat the real live event. It is better to attend a one day auto sales training course than to sit through several days of videos online.

How to Improve Used Car Sales: Summary

If you want learn how to sell automobiles of any type profitably, or how to improve used car sales on your lot or in a dealership, then it is important to learn from the experts. You can certainly learn a lot from the old timers on the job, but you might also be learning the bad working practices and habits that have been passed down the generations. A good car sales training course or seminar can teach you a great deal more than whispers passed from mouth to mouth.