Breaking Down The Science Behind How Car Dealerships Rip You Off

For those two haven’t armed themselves with knowledge going into the car buying process, it can end up being pretty rough. In fact, we would say that most who aren’t too familiar with the ins and outs of the industry think that is one giant headache. Even those who are familiar with how negotiating for a vehicle goes might dread the experience.

However, as they say, knowledge is power. With a little bit more know-how, these types of situations can end up being less stressful. In turn, having a better grip on the market and negotiations can end up getting all parties a fairer deal.

Obviously, when it really comes down to it, car dealerships are in the business to maximize profit. When they set out, their goal is to make as much money as possible. This isn’t an issue, though. After all, being able to make money and create a living is the American dream.

However, some of the methods of getting to that final goal are what gives car dealerships their bad reputation. I wish that I could just say that the stereotype was unwarranted. However, in the majority of cases, this poor reputation exists for a reason. Not all dealers will act in the same way. In reality, though, the chance that they’re putting on some sort of act is pretty high.

In this one, thanks to the Whiteboard Finance YouTube channel, we get to dive inside of the training process that car dealerships will put their salespeople through. When truly being able to get a grasp on how dealers attempt to manipulate numbers and trick customers, buyers can make sure that they don’t get the short end of the stick. At the end of the day, there is a happy place where a good deal is obtainable for every party involved. Getting ripped off simply isn’t necessary.