Car Buying Tips Guide 1

(Barry) #1

used car chain if you’re considering doing a pass through.TIP: It’s safest to use a franchised dealer or large nationwide^


You can also make the pass-through a part of the negotiations on thevehicle you’ll be replacing. First, get the best price on the replacement (^)
vehicle through the fleet or Internet department, and then let them knowthat it is contingent on them doing a pass through for you. Get the fee
they’ll charge in writing.
If done right you not only save 25 to 35 percent per month, but come outwith $1,000-$2,000 to use on the next car. I do it all the time for my clients, (^)
and they love this “double-whammy.”
Another leasing benefit revolves around how reports such as CARFAXaffect the value of cars. If your car is in an accident—no matter who is at (^)
fault—chances are these days it will end up reported to CARFAX andAutoCheck.
Therefore, it will be worth less money; on average, a “dirty” report lowers avehicle’s value $1,000-$1,500 (I cover this in more detail in Chapter 10:
Buying a used vehicle). If you’ve leased it, and have the bodywork doneproperly, you can turn the car in at lease end without penalty. But if you’d (^)
purchased it instead, you’ll get less when you sell it outright or trade it in,due to the dirty reports. So a lease gives you a measure of protection
against this loss of value.

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