Is money down on a car deal a SCAM? How dealers turn your cash into PROFIT! i financed a car and don’t want it

by autisticchiaNGMAI



Most Car dealers want you to put money down when financing is involved. Is that a scam? It could be. Here’s what to look for when you are putting money down on your next car purchase.

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Is money down on a car deal a SCAM? How dealers turn your cash into PROFIT!

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Is money down on a car deal a SCAM? How dealers turn your cash into PROFIT!
i financed a car and don’t want it
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You can see more ways to make money here: see more here

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33 comments

Jonathan Quintana 26/11/2021 - 3:47 Chiều

Video starts at 2:18 everything before that is unnecessary

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Ace Williams 26/11/2021 - 3:47 Chiều

You mentioned that dealers can "scoop" a rebate but didn't explain what the hell that is or what it means. Please explain.

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King of slots MILLION 26/11/2021 - 3:47 Chiều

Why did my down go towards paying my interest and addons rather than ofsetting my purchase price?

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Peter Moen 26/11/2021 - 3:47 Chiều

I put money down but didn't sign any papers , can i get it back or its gone

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The Seyler Family 26/11/2021 - 3:47 Chiều

Should a downpayment be deducted from the price before or after the sales taxes?

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aldrin cuyugan 26/11/2021 - 3:47 Chiều

what is the best months to buy a new vehicle for 2021?

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John W Rumfield 26/11/2021 - 3:47 Chiều

If you agree to pay $30k sale price on a vehicle pay taxes and fees you have an out the door price. Then if you want to put a down payment A down payment does not change that. If you put $5k down the price does not go up $5k unless the seller tries to do that then your not paying attention, don't sign and leave immediately.

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Clerisson Mesquita 26/11/2021 - 3:47 Chiều

Thank you so much for your invaluable information, highly appreciate it, keep it up the outstanding job, have a great day.

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BigDirtyBastard 26/11/2021 - 3:47 Chiều

20% down over 3-5 years or you cant afford it.

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Amazing J Landscaping 26/11/2021 - 3:47 Chiều

Just ordered a tesla online, no BS, no add ons, direct to consumer is the way to go. Dealers should disappear, damn scamers

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Wes rageking 26/11/2021 - 3:47 Chiều

Would you say a little amount as $500 down make that big of a different to even try and put it down?

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Patrick Paes 26/11/2021 - 3:47 Chiều

Is it still a scam if you don't have a trade

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Willy Watsonburg 26/11/2021 - 3:47 Chiều

Woah, watching this in 2021 like damn look at all those cars..

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luis toledo 26/11/2021 - 3:47 Chiều

Man i got scammed for 40 k I gave 7k as a down payment and the car value was 26k and from nowhere the price went to 40k and I had to give 7k as a down payment but I mean I Iove my camaro

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Angel Diaz 26/11/2021 - 3:47 Chiều

2022 trd😮

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harmatod lamstel 26/11/2021 - 3:47 Chiều

Do people in Louisville who see your videos come to your car lot and use these tactics against you?

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Andy 26/11/2021 - 3:47 Chiều

Honestly you're better off just buying cars privately and making your own repairs and it'll come out to significantly less than anything a dealership can ever offer. All that the dealership is concerned with is making a profit off of people. They don't care about anything else.

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Kimberly Haberlie 26/11/2021 - 3:47 Chiều

Why can't you start your own website selling cars. I would be in good hands if you did.

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Bazooka123 26/11/2021 - 3:47 Chiều

In fact, most (99%) of dealers are scammers. They have customers sign 3,000 to 5,000 dollars for Gap coverage that does not even cover the car, and divide the money in half with the Gap company. So, of course, when the car breaks down They deceive consumers with lies or excuses. Moreover, a person with bad credit if he purchase a $5,000 gap, 10% interest, do total Gap cost is $7,500 in 60-months.they steal the money by fraud. Besides, if they sell cars at a high-interest rate, they get a payout from the bank. They are really thieves. They are the poison of society.I hope more people can see this YouTuber's video.

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Doreen Boyce 26/11/2021 - 3:47 Chiều

Do I have to put a down payment on a lease when it is advertised in an add? Example lease this new 2021car for $229 a month with $3000 down due at signing

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Walta’sLife 26/11/2021 - 3:47 Chiều

Hello I love your videos. I just have a questions I’m a bit confused. Money down does lower payment but is money down actually a good idea. If so how much?

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Shunna W 26/11/2021 - 3:47 Chiều

Can you go with me when I buy my next car😁

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David Seay 26/11/2021 - 3:47 Chiều

Video on ordering cars?

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Joe 26/11/2021 - 3:47 Chiều

What would your recommendation be for someone with poor credit? Would you rather they have a large down payment, or should some, if not all, of the money saved for a down payment be used to cover the under water amount they owe on the trade and have a low down?

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Angela Knight deutsche-gerard adrian heineken 26/11/2021 - 3:47 Chiều

Car dealerships don't have to be scary

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A N 26/11/2021 - 3:47 Chiều

Screw the crooked dealerships!

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IDKLIVE 26/11/2021 - 3:47 Chiều

A salesperson is trying to charge me over MSRP for a rare 2021 honda civic hatchback

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James McClane 26/11/2021 - 3:47 Chiều

No worries mate, those complaining about you recording in your car are usually the morons who text on their phones while driving, as they say blame others for which you are guilty of. I never pay attention to people like that.

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Jon Doe 26/11/2021 - 3:47 Chiều

And that's is why I just buy from a private sale when I have the money to buy it in one shot

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Cash_Option ___ 26/11/2021 - 3:47 Chiều

Damn shame

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Doug Lynch 26/11/2021 - 3:47 Chiều

When you get to the finance don’t buy any extra products. None. You can always purchase an extended warranty prior to going out of the manufacturers warranty and no you won’t pay more, you’ll pay far less. Dealership mark ups are $500 minimum, and can be $1500-$2000. Dealers can legally mark up finance rates, so again it’s critical to get pre-approved by your credit Union or bank.

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Doug Lynch 26/11/2021 - 3:47 Chiều

If you’re buying a car or leasing always negotiate on the price of the vehicle first. Don’t mention anything about leasing or financing, when they ask say you’re not sure, you may be paying cash. Never mention you have a trade. Once you have agreed on the price of the vehicle then take the next step. If leasing have payments run off the negotiated sales price, use a lease calculator to check their math. If financing obtain your financing outside the dealership, if they can beat the rate fine, just be sure to use a calculator to verify base payment is accurate. If you’re trading in be sure to negotiate only after you have negotiated the sales price of the vehicle you’re purchasing.

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Boone Docker 26/11/2021 - 3:47 Chiều

You are paying them for the depreciation. The minute it rolls off the lot, you lost all of it.

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