Taking advantage of the services a car buying agent has to offer could mean you getting a much better deal on your new or used car. Why should you bother to track down the right car for the right price from the right dealership when for a reasonable fee you can put the purchasing power of a car buying agent to work for you? But make sure you do your homework so you're getting the best deal at the lowest possible.
What type of broker is he?
Know what type broker you're using, and make sure he's really working for you. Most consumer- driven brokers aren't into showy displays and big offices, they may work in a small home office yet have clients worldwide. An honest car buying agent will charge a flat fee for his services and inform you up front of that fee.
Check him out
Find out if your prospective car agent is getting commissions or compensation from a dealership for referring you. While it isn't illegal, it should make you wonder if he's really got your best interest at heart. Call local dealerships and ask if they know him or have ever worked with him.
What's his background?
Quiz the agent about his background, fee structure and history, he should be forthcoming with all information and be proud of his track record. Fees for his services can range from &200 up, used and rare cars more since it's more work to find a deal. Your best bet is to get the most experienced agent who is knowledgeable about all the rebates and incentives the car dealerships don't want you, the consumer, to know about.
Get it in writing
Make sure you choose an agent that can facilitate your purchase from start to finish. The agent should get a signed Buyer's Order from the dealer before you take delivery of your car; this will eliminate any add-ons or price changes at the last minute.
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