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About CarBuyingTips.com
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Q: Some people might think you hate car dealers in general is it true?
A: Absolutely not. In fact the majority of car dealers know that long term business relationships are profitable and want you to buy your next car from them
too. Many dealers sell cars to people according to the pricing methods and negotiating strategies we teach you here. Many dealers thank me for our site, because we
send them educated consumers who know what the price should be. It's a lot easier for dealers to sell to an educated consumer than to one with a chip on their
shoulder, who haggles with no idea about what's going on. Just take a look at our successful
$avOmeter Savings Database. It's testimony that there are hundreds of excellent car dealers who will
give you an honest fair deal on your new car. We are not here to trash all car dealers, just the ones who cheat and lie. Car dealers work hard and deserve to make a
profit. They have mortgages, bills, and mouths to feed, BUT so do you. Somewhere half way you find a deal that is good for you and provides the dealer with
fair profit. I don't just talk about car dealers. On BridalTips.com, I wrote a great article called
How To Buy A Diamond Engagement Ring And Avoid Scams. But as in any business, car dealers have a good
share of scum bags as shown by some of the emails sent to me that I posted on the front page. Yes they are all real, posted just as I got them. It shows what some
dealers really think of you. You're a life support system for a wallet.
Q: It must have been pretty bad for you start a whole web site about it.
A: It was indeed! I thought I was pretty smart buying my first brand new car in 1987, but back then none of us knew anything about car buying, and had no web
sites to research car prices or car loan rates. The problem is, the most exposure we get to car buying is a few hours every 5 years or so. But car dealers have had
decades to perfect their skill in selling to you. Luckily I was able to ward off most of the scams. For example, when I bought my 1988 Trans Am, the selling price
was $17,700 and I ordered it from the factory. 6 months later the car arrives and the Pontiac dealer "lost" my paperwork and wanted to charge me $21,000 because GM
also "raised the price of the car". Of course I knew it was a scam, as cars only increased about $300 from year to year so I spent 4 hours chewing out the owner and
sales manager using every threat I could to get my car at my original price, since I did not "lose" my copy of the paperwork. I got the car at my price
and bought the extended warranty when they told me I get car rental reimbursement, etc. Things quickly went down hill from there. The first month I got my first
taste of that "great GM feeling" when my fiberglass rear hatchback started bubbling. They had the car nearly 2 weeks over a couple of months as they fought to solve
that issue, and fuel pump and fuel tank issues. The first year I rang up $650 in car rental bills and every one of them was rejected by GM because of a tiny weasel
clause in their extended warranty contract that says they won't cover "any cost covered by GM's standard vehicle warranty". This means that since all my repairs
were covered by the standard warranty, I was not entitled to rental reimbursement with my extended warranty, even though the salesman assured me when I bought the
useless warranty that I was covered. It was the stupidest thing I had ever heard. That's why I drive a Lexus now, never look back.
GM's warranty weasel scam clause is of course the exact opposite of the lies the GM salesperson told me in order to sell the contract. Later on, GM's Palm Pontiac dealer repaired my leaky gas tank with a U.S. copper penny, causing it to eventually corrode through and leak, risking my life as well as others. I can't imagine that being legal in the eyes of D.O.T. or the EPA. Of course like always, GM's toll free Customer Circus center was a joke, always siding with the dealer. They offered to "replace" the tank for $500, when it should have been free under the warranty. How generous. Once I got the State of Florida Attorney General's Consumer Affairs Division after the dealer, they reimbursed me only $300 worth of parts for my car, even though I spent hundreds on car rentals and a new tank. I tell everyone to avoid calling a car maker's Customer Circus center, they are such jokes and are nothing more than facades to make it look like they care about you. By the way, that Pontiac dealer is no longer there. If you have been wronged and want results, your best bet is the consumer reporter for your local TV station. In early 1997, CarBuyingTips.com was launched as a stand alone site based on all my experiences, but the ".com" name was not reserved until 1998. Over the years it has grown based on the input from car buyers, salespeople, math professors, authors, our own research, consumer advocates, and other industry insiders.
Q: Jeff, you're an engineer. What makes you an expert on car buying? Give us a break!
A: Once in a while I get angry email (from car dealers) who arrogantly tell me that I have not worked in the industry for 20 years I don't know what I'm talking
about. Oh really? So how is it that every day people email me that they saved $3000 on their new car after using our site and they told everyone they know about us?
Car buying is not a rocket science requiring years of insider expertise.
In fact, I get email all the time from sales managers thanking me for sending them educated customers, who are the easiest ones to sell to. Basically car buying is nothing more than adding and subtracting, with an occasional multiplication thrown in for good measure. It's also about spotting the hundreds of scams that some car dealers have in their arsenal. The true art of car buying has nothing to do with any science of the industry, it's 90% negotiating skills, and 10% research before negotiating. I have the skills necessary to negotiate with the toughest car salesperson. I've always had the ability to smell a scam from a mile away. I have a file cabinet full of leases that I've analyzed over the last few years and I've seen more leases than most car salesmen. I've seen and heard of every scam there is, and helped lots of our visitors get out of some real sticky lease scams. I know what I'm talking about. In fact ask your car salesman to recite the formula for depreciation, bet they don't know it. But I do. In fact I have created several excellent spreadsheets used for leases, 4 way car loan scenarios, bill of sale forms, and buyer's offers that have all stood the test of time. People have used my lease spreadsheet on their laptops at the dealer and caught them lying about money factors and packing monthly payments. I'm more qualified than most to give out advice. I've personally helped several hundred friends, coworkers, and visitors to our site get through their car buying ordeal. I also find it funny that salespeople will tell us our information is incorrect, but they don't tell us what is incorrect. It's most amusing that some morons still email me saying that holdback does not exist, yet other car dealer web sites actually list the holdback on their web sites! Many of our visitors are able to get dealers to give up some or all the holdback. Also, I have received an enormous amount of tips from current car salesmen, former car salesmen, authors, sales managers, industry insiders, and well known consumer advocates. I go to the NADA shows, I take the same training the that car dealer finance managers take. We get email from salesman who are sick of the deceit & scams at their dealer and want to tell all. Sales managers tell me our research is right on. This dynamic site has the daily pulse of the car buying industry, and dynamically grows with each report from the field. My $avOmeter speaks for itself.
Q: Jeff, do you get paid by any of the companies you recommend on CarBuyingTips.com?
A: Yes we do, we get paid by sites like InvoiceDealers,
Cars.com,
Yahoo!Autos,
Edmunds.com,
MyRide.com and
CarsDirect. I'm what you call a real world consumer advocate. I don't like to just
dispense vague and generic advice like consumer interest groups do. I like to go one step further and review each business that we recommend, telling you how to
get the most out of them, and what's in it for you. Keep in mind that although they pay us, I would not recommend a site that I thought would not do good by
you. There are some well known companies that are not mentioned here because I don't think they are very good. If you don't see them here, they probably are
not worth it. Before you claim that I'm just in it for the money, keep in mind that 80% of this site in its current form was already up and running at my own
expense, long before we had our first advertiser, long before I knew what an affiliate program is. I also answer over 100 emails every day for free, helping
people out of some tight situations, and I've analyzed more car dealer lease contracts and invoices than many salesmen. See if CarPoint has an email link
where you can ask them questions. I work hard on this site, I update it all the time with the latest scams, and I devote an enormous portion of my time to
answering the email of complete strangers who need my help. Also, I have upper management of all these sites in my Rolodex. I know more CEOs of auto related
companies than any car dealer. I have worked closely between consumers and these companies to successfully resolve issues, and have worked closely with the
business development people of many of these sites supplying them with ideas to make consumer lives easier. No other car buying web site can claim that. So yes
I deserve some kind of compensation. Besides, most buyers email me back stating that I saved them on average between $2000 and $4000. Not bad for a free web
site. That's really what makes it all worth while. My $avOmeter crossed the $1million mark by the end of 2000. The companies
who advertise on our site know that our visitors come first and everything else is secondary. With the business we send them, they don't seem to mind.
Q: Jeff, what do you think of all these other copycat "car buying guides" that look similar to yours?
A: I guess I should be flattered that they want to emulate us. Some of them have even imitated my
$avOmeter on the front page. Most other car sites are very unoriginal. We have catch a copycat site
actually cutting and pasting text from our site every other month, a testament that we are the best. A quick email from our legal team to their ISP's legal
department usually straightens it out. In 1997, there was only Edmunds and our site. Then once the concept of affiliate programs took off, it was only a matter of
time before everyone wanted to be the next CarBuyingTips.com. The only problem is, most of these other sites just slap a bunch of banners up and call themselves
"the web's best car buying site", when in reality, they have no content at all. On the other hand, I have over 100 pages of the best and most useful award winning
content anywhere, more than enough to fill a book. Also, we are the first car buying site to feature more than one car buying service, as our strategy since day one
has been that competition gets you the best price. So we were listing several different car buying sites to use when other "car guides" were affiliating to the one
car buying company who paid them the most money. Because of our clout, we were instrumental in removing exclusivity clauses with most of these companies, which were
forcing car sites to advertise only one company. You get an honest opinion from us, not a hyped up sales pitch to the site who pays us the most. Once we started
listing multiple companies, the other sites followed. I've noticed when I add a particular story or add a style of writing, something suspiciously similar appears on
some of the "clone car guides". Of course other "car buying guides" out there try to claim that they were the first to have multiple vendors or they have false dated
copyright statements to make it appear they have been around since Christ. But a quick lookup of their ".com" name quickly reveals how much newer they all are than
CarBuyingTips.com. Even though we registered our name in early 1998, this site has been under development since 1996. There have been other sites trying to ride off
our coat tails by registering variations of our domain name as well. One final point: see how many of these copy cat sites give a link for you to email them to ask
for help when you get into a bind. Most are zero content cash registers that want you to click their banners, and never want to hear from you.
How To Buy A New Car & Avoid Scams |
Everyone should start in the buyers guide whether you are buying or leasing cars.
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