Car Dealer Secrets Revealed 2022: Matthew Manning Sheds Light on the Industry

Are you tired of the typical car buying experience? Do you often leave the dealership feeling like you've been taken advantage of? Well, it's time to uncover the secrets that car dealers don't want you to know. In this article, we will be revealing the untold truths of the car dealership industry in 2022, as shared by renowned car industry expert, Matthew Manning.

Who is Matthew Manning?

Matthew Manning is an experienced automotive industry insider with more than 25 years of hands-on experience working in various roles within the car dealership world. From sales representative to finance manager, Matthew has seen it all. He has now taken it upon himself to reveal the secrets and provide consumers with the knowledge they need to make informed decisions when purchasing a car.

The Dirty Secrets of Car Dealerships Exposed

Car dealerships have long been known for their tactics and strategies that are designed to maximize profits at the expense of unknowing customers. However, with Matthew Manning's expertise and insight, we can now shine a light on some of these practices.

Car Dealer Secrets Revealed 2022

by Matthew K Manning([Print Replica] Kindle Edition)

5 out of 5

Language	:	English
File size	:	257 KB
Screen Reader	:	Supported
Print length	:	16 pages
Lending	:	Enabled

FREE

1. Hidden Fees and Add-Ons

One of the most common secrets car dealerships keep is the inclusion of hidden fees and unnecessary add-ons in the final price of the vehicle. These may include administrative fees, documentation fees, or even fees for services that you didn't request or need. Matthew Manning advises always reading the fine print and questioning any additional charges before signing on the dotted line.

2. High Markup on Financing

When it comes to financing your car purchase, dealerships often have partnerships with specific lenders or financial institutions. These partnerships enable them to mark up interest rates and loan terms, resulting in more profit for the dealership. Matthew encourages buyers to explore alternative financing options and compare rates from multiple lenders to ensure they are getting the best deal.

3. Trade-In Tricks

Many car buyers opt to trade in their old vehicle as part of their new car purchase. However, dealerships may use various tactics to reduce the value of the trade-in, ultimately lowering the overall deal value for the buyer. Matthew advises sellers to assess the value of their trade-in independently and negotiate its worth separately from the new car purchase.

How to Protect Yourself

Now that you're equipped with some of the secrets car dealerships try to keep hidden, here are a few tips to help you navigate the car buying process with confidence:

1. Do Your Research

Before stepping foot in a dealership, research the make and model you are interested in. Familiarize yourself with average prices, common issues, and available features. This will help you negotiate the best deal and avoid getting caught off guard by sales tactics.

2. Obtain Financing Pre-Approval

To avoid falling victim to high markup on financing, seek pre-approval from banks or credit unions before visiting the dealership. This way, you have a predetermined interest rate and loan amount in mind, empowering you to negotiate from a position of strength.

3. Separate Trade-In from Purchase

If you plan on trading in your old vehicle, treat it as a separate transaction from your new car purchase. Research the value of your trade-in through independent online tools or professional appraisals to have a realistic understanding of its worth.

Matthew Manning's insights into the car dealership industry in 2022 shed light on the secrets that dealerships would rather keep hidden. By arming yourself with this knowledge and following the tips provided, you can regain control and confidence during the car buying process. Remember, knowledge is power, and being an informed consumer is key to securing the best possible deal.

Car Dealer Secrets Revealed 2022

by Matthew K Manning([Print Replica] Kindle Edition)

5 out of 5

Language	:	English
File size	:	257 KB
Screen Reader	:	Supported
Print length	:	16 pages
Lending	:	Enabled

FREE

Prices in the UK used car market are as strong as they have been in years. Traditional negotiations over price with a main dealer won't get you as good as deal as it used to.
The tips in this book can help. I have worked at several main dealers and know what to haggle on to save you hundreds in the current climate.
I work in the motor industry, these are my insider tips to save you money.
If you are thinking of buying a used car from a main dealer this year then read this book first.

This short guide also contains a list at the end to keep handy for when you are in the showroom to make sure you remember what to say and when.
Play the main dealers at their own game and save yourself some money.