What is Dealer Holdback?

Howdy, Driver? The dealer holdback is a goldmine the dealer will not reveal to you. Nevertheless, you can use it to your advantage to secure the best deal on a new car. Note that not every automaker offers a holdback amount and it is not a consumer incentive such as the rebate or cash back, though it boosts vehicle sales …

What Does Cash Back Mean When Buying a Car?

Howdy, Driver? In a bid to attract and retain consumers, automakers offer trade bonuses such as cash back to their buyers. Before or when you go to buy a new car, you should look out for available cash back offer also called a vehicle rebate on a car. If you qualify for the cash back, make sure the dealer applies …

What is Rebate on a Car?

Howdy, Driver? Vehicle rebate is one of the bonuses you should note before you go to buy a car. It is like a coupon in the automotive consumer market that helps you save some cash. Before you sign the vehicle contract, after beating the salesman, make sure the dealer applies the rebate (if you qualify). What is Rebate on a …

What is Doc Fee on New Car? Is it a Dealer Fraud?

Howdy, Driver? When you go to buy a car, you may come across the doc fee. what is doc fee on new car? Well, this research discloses what doc fee means, how each state regulates doc fee, and whether it is negotiable. A dealer may add the doc fee to the purchase price of a vehicle and it costs anything …

What is Dealer Prep Fee? [Scam Watch]

Howdy, Driver? A dealer prep fee goes by many names including preparation charges, make-ready charges, and prep fraud. It becomes fraudulent when the dealer inflates service fees or includes unnecessary service charges similar to the payment packing scam. What is Dealer Prep Fee? A dealer prep fee is a fee a dealer charges for preparing a vehicle for sale. The …

What is Payment Packing Scam [Dealer Crime Watch]

Howdy, Driver? What is payment packing on a car? Payment packing is also known as loaded payments scam or leg and it occurs when a dealership quotes additional services without informing the buyer. Ethically, when a dealership quotes a payment, it should be for the vehicle only. It is unlawful for a dealer to quote a packed payment, which indicates …

How to Beat the Car Salesman [A Buyer’s Diary]

Howdy, Driver? Of course, you can beat the car salesman to buy a car at a cheaper cost. It is fairly easy to outsmart a car salesman while bargaining, but incorporate the strategy in this article. A professional car salesman, except a car salesman man with no experience, undergoes weeks to months of salesman training course, typically 3 months. It …

How to Make an Auto Repair Receipt [Step by Step]

Howdy, Driver? You can make a fake auto repair receipt to replace the original you misplaced. Of course, this guide also helps you to make an auto repair receipt for your client. A car repair receipt is a written proof indicating that a car was repaired and that payments have been completed to the auto repair shop or the mechanic. …

How to Buy Car from Auction Without Dealer License

Howdy, Driver? Yes, it is possible to buy a car from auction without dealer license if it is dealer only or private auctions. Typically, dealer-only auctions do not allow public buyers to bid on vehicles, but you may be able to attend the live auctions. Why would anyone want to buy from the dealer only sales if they have no …

How to Get a Dealers License Without a Lot

Howdy, Driver? Of course, it is possible to get a dealers license without a lot. We have various categories of vehicle dealership licenses mandatory if you intend to sell multiple vehicles yearly, but a private seller can sell a regulated number of vehicles in their jurisdiction without a dealer’s license, typically 3-6 vehicles a year. Following the state laws, it …