| Название | : | HOW TO REVIEW YOUR CAR CONTRACT at CAR DEALERSHIPS - Auto Expert: The Homework Guy, Kevin Hunter |
| Продолжительность | : | 14.00 |
| Дата публикации | : | |
| Просмотров | : | 41 rb |
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Great information thankbrLarry Comment from : Larry EDwards |
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This will save me thousands Thank you! Comment from : Winne Peterson |
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After watching many of your videos or should I say "lessons", I feel much better about visiting a car dealership when I'm ready to buy my next truck Thank-you for being such a great teacher, also including the homework gal 😊 Why don't schools teach this kind of "life lessons"? Comment from : Yingli |
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How could I send you my contract for evaluation, please? Comment from : Lajos Tresser |
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Hey Mr Hunter,brYou are telling us what not to pay but you aren't explaining what the line items arebrWhat is NitrobrWhat is CPObrWhat is an ERT Fee, etcbrThanks Comment from : navy93 |
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When I was young and ignorant and bought my first new car, I'm sure I got hosed more or less, but the one thing that stood out to me as "this doesn't look right," was an $800 tire feeI didn't fight it, but I knew it was BS Comment from : Travis Trotter |
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Thank you for all the good information Very helpful David Comment from : David Schawl |
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I have saved over $23K in 24 years (After a few replacements and repairs) NOT buying any Extended Service Contracts on anythingMore than enough to pay for repairs and replacements Comment from : Tom B |
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Thank you for the information Comment from : Michael Lauletti |
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Makes me not want to buy from a dealer at all Comment from : phenixwars1 |
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Indiana fee is $19900brIf you go Indiana DMV private party it $19900 state fee and No or 0 negotiation with the DMV in Indiana Comment from : William Peters |
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Hi Kevin brThank you for all great videos brI have to buy a car soon unfortunately soon brCan I take contract from dealer home to review ?brIf I can or can't whats the law saying about it I just wish to be ready and anserw if they ask me whay because they will fir sure and how long I can keep at home before I decide to sign or no brThank you fir all your help Comment from : przemyslaw lakomiec |
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Why even pay them 75 bucks? It's cost of doing business in my opinion Comment from : Mario Sandri |
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Kevin,How do you know what kind of profit is in a new car? Comment from : Matt B |
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Bro thank yo much for this video 🙏💯 you should do more Roleplay videos or real contracts reviews Comment from : Fume |
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Have to ask you do this with the salesman or the finance manager Comment from : Broly Ssj |
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4:11 what is a CPO??? Comment from : Chad Royer |
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Old one but, I refer back to all your previous shows I'm in Truck limbo-hell over here driving my wife's old 2018 BMW 430i convertible Owe 17k Vroom saying sell it to them for 26k Problem is' can't find a Sliverado RST that isn't already 7k overpriced the convertible is gonna be nice this summer 👍 Comment from : Chris |
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#thehomeworkguy what the hell is the Lieu Tax on that first contract? Is that legit? and the air quality tax, sounds like something California would mandate Comment from : John Norris |
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I am still learning and thanks for your information 👌👍 Comment from : Andrew Lawrencei |
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What is the CPO again? Comment from : Grumpy Stack |
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Thank you#Thehomeworkguy! Comment from : Ann |
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back in 2012 bought a dodge caliber, price 10,380, 9000down ended up being hosed for over 17,000 Comment from : Steven Bolin |
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Thanks for the real world examples This really helps prepare me for my next purchase Comment from : rkirkend |
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on the BMW contract, $15 dollars for title, tags ( registration fee) were $4075 for 1 year ( when you posted this video, has changed since ), some dealers sell are able to issue tags the day you buy instead of using 30 day tags, I don't know if the DMV charges the dealership or not but I still think the online registration fee is bogus Comment from : forgotmylogininfo |
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my last vehicle purchase was a fun challenge the cost of the 350 was $28,000 the finance person looked me straight in the eye and stated $28,818 My response was; "Nope, i was given the cost f $28,000 take it or leave it " with a short reminder; my money is just as good at the next dealer She accepted it my 350 was paid for and that was that Comment from : John Procidano |
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499 for tint lol u can get a very good job with a warranty for 80-150 Comment from : Jrock Az |
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I love learning by examples Great as always, Comment from : Micah Epps |
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What is a “CPO” fee? Comment from : YouTube Enjoyer |
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There is another impact to the extra fees and whatnot in the contract If you're financing the car, not only are you paying thousands (potentially) for fluff in the contract, but you're paying interest on that money for the term of the loan If your dealer has padded your rate by a couple of extra points, charging you 49 when he got the money at 29, you're really getting thumped #thehomeworkguy -- is that about right? Comment from : Evan Windom |
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Dealers in Ohio are allowed to charge a maximum $250 documentation fee, or 10 of the purchase price, whichever is less, and they often tack on the state’s title fee and temporary tag fee in addition Comment from : Commander |
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The biggest reminder you’ve provided people is that they are in control and not the dealer Don’t get emotionally attached to something you don’t have and you can think rather than act foolishly on your own behalf Thank you Kevin Comment from : Indy Pendent |
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How long can we hold onto a contract before needing to make a decision? (In order to get it reviewed)brbrAlso what is a lieu tax? Comment from : Haley Sanchez |
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I bought a Lexus RX350 (2017) with 25k premium package The vehicle was certified with 3 years warranty including services I paid $33k Plus tax and license ($1500)brI traded my 1998 corvette with 87k miles brThe dealer gave me $9k for my vett and down payment of $6000 Total down $15k brThe interest rate is 4 brThe salesman had to come to my house to jump the corvette since it has been sitting around my backyard for over 1 year PNObrI had paid $7500 for my corvette brbrSince, I have been watching your video, I learned so much from you brI declined everything from the finance manager I paid $85 for doc fee brI saved $$$$ Thank you!brI deserve a SHIT shirt I have the contract if you want to review it Thanks again! Johnbr#thehomeworkguy Comment from : Mymd11 Boeing747 |
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When you say “get rid of dealer options”, how do you recommend the way to having them removed, and what to do if dealer refuses to remove some or all ? Comment from : Larry Ramey |
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#TheHomeworkGuy
brDiana Belt
br1 second ago
brQuestion gapp program should I get that for my car Wont it help me if let say its stolen or totaled and it pays the difference between what I still owe and what insurance company will pay for my car that way I am not stick with paying off
brloan with no vehicle Comment from : Diana Belt |
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Question gapp program should I get that for my car Wont it help me if let say its stolen or totaled and it pays the difference between what I still owe and what insurance company will pay for my car that way I am not stick with paying off brloan with no vehicle Comment from : Diana Belt |
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Hi my name is Barry Miller I was looking to buy my wife a 2021 Audi RS7 they were telling me is a special order car and I needed to put 2000 down on it is that true car dealership out of Memphis Tennessee Comment from : Barry Miller |
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Awesome bro Comment from : Tom Karaitiana |
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That's awesome Comment from : John E Rice Jr |
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Is it better to reduce the price of the vehicle by the amount of the doc fee? Comment from : E S |
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#TheHomeworkGuy great video Is there a more in depth vide on the doc fees? If every dealer has them whats the angle of negotiating them down to 75 bucks? I noticed thats always the single biggest add on to the out the door price asside from ttl Comment from : Ninji522 |
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Seeing actual contacts was very helpful! Thank you! Comment from : Madeline Stuart |
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Nice to see how automation does their invoice it is similar to mine and I have already crossed out that $699 & $98 doc fees that they want me to pay lololol Comment from : Milap Patel |
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Hi Kevin, so I am still really confused with the doc fee I live in Mass and I googled mass doc fee and it said like 345 and so I always thought that sounded right and fair So if it does say that how would I even argue with the dealer?brTy Comment from : So Taehyung |
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#TheHomeworkGuy Very helpful Comment from : pamdummitt |
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Im currently paying off my debts only two more to go, to raise my credit score Whats a good score to have before getting into a deal? Comment from : aLightningWolf |
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This video is 13 minutes of Kevin saying "Not paying that Comment from : Tyyppi kyl |
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My cash deposit was listed under due upon receipt? Comment from : Eunoia |
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❤️🙏 Comment from : Afshin Zaim |
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Thank you KevinbrVery informative Comment from : marc hanneman |
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Questions:brI have seen a charge on a lot of cars of $245 for the paint color of the car It's already listed in the standards list Am I missing somethingbrI live in Colorado and have been researching ad nauseum the tax, title, registration fees $700 here I am so confused about what this is all about, and aren't I paying it to the DMV anyway when I get my license plates? Comment from : Darlene Roberts |
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Watching your videos makes me excited to go to the dealer prepared :) Thank you for your content! Comment from : Traeannah Brown |
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Thank you Kevin!!! Comment from : Ann Grayson |
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Salesman is bringing the truck to us in 30 min to test drive w/pandemic going on Lot said marked price is their best deal already Lol! brI can't wait to slash this $27,700 he's asking when he has average of $21,500 into it to pieces This channel rocks!🤘 Comment from : T C |
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I want to lease a Toyota Tacoma truck At start the want to charge a $650 Acquisition Fee and when I return the vehicle a $350 Disposition Fee Does that mean I paying one fee to acquire the vehicle and another fee to return the vehicle? What’s your opinion? Comment from : Chet Fuhrman |
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What are your thoughts about doing the process online? I've been thinking about getting a Toyota Tacoma Comment from : Christopher Westfall |
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Kevin, Can you cover Sales Tax when a rebate is involved? Comment from : VIDEOHEREBOB |
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My state has a 199 doc fee, normal? Comment from : kgf |
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I’m 50 and I have Never in my life met anybody that said, “Ibrgot screwed on my car deal”, EVERYBODY says “I got a really good deal” !! I bet you did 😎 Comment from : workharddieproud |
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I’ve gone to 3 different local dealers, they all have at minimum $399 Doc fee I tried to get them removed but none would remove What to do to get them to remove? Comment from : michele n |
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Gonna go look at my contract and see how good I got taken for a damn ride Im already embarrassed haha Comment from : alan838 |
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#thehomeworkguy Comment from : Gilyard Gloria |
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Also what about buying out of state on line Comment from : freddy g |
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Considering buying a used vehicle with my own personal bank preapproval financing through my personal bank for the entire loan a good deal or not Comment from : freddy g |
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#TheHomeworkGuy so is the Dealership fee and the Doc fee the same thing? Comment from : M Coop |
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Don't be afraid to walk if dealer won't budge on these phony fees Comment from : Henry Etter |
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Damn it just looked at my contract from 3 years ago and they got me for over 2 grand and they wonder why we think they are the scum of the earth Comment from : Kim Allen |
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awsome Comment from : Héctor Ariel Febles Benitez |
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Who would think it's a great idea to charge people for a dealer business license?! Some greedy trashy ass pricks 6:52 Comment from : Eric Thach |
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I really appreciate your channel Moving back to the US very soon and I want to buy a used 2019 SUV from a dealership Been learning a lot from all of your videos and will direct everyone I know to your channel Comment from : S M |
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is there such thing as putting to much down on a car my goal is to put at least $10,000 down on a $23,000 car Comment from : Avery Ruiz |
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They aren't going to change the doc fee to $75 Laughable Maybe for a big guy with tons of experience but not a middle aged woman with no car know-how except what google gets me Comment from : cocatfan |
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I never got an answer on how to handle up front DH fees I think I got taken I tried to get a lower price but they say no List 12423 which includes 680 DH Got 12082 with the fee still on Comment from : cocatfan |
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In the market for a truck The dealer printed out costs for me Q: What are Dealer IMR contributions and LMA Group contributions? I looked it up and it seems like I am paying for their advertising I do not want to pay either fee Please advise Thank you in advanceBTY-I can send you the paperwork if you want to view the entire sheet Comment from : Kevin Davis |
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Great information thanks! Comment from : Roy Nichols |
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Thanks! Great video Comment from : Mike & Karin |
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I tried to buy a truck today I wouldn’t pay for two fees (not taxes required by the state) that totaled $225 A person that did not identify himself walked into the salespersons office and told me everyone pays those fees, refused the deal and left the office The salesperson and dealership lost the deal because of a $225 difference Comment from : Hayfield |
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Do you say you won't pay for these ridiculous charges to the salesman or wait till you get to the finance officer in the dealership? Comment from : ed sumil |
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How do I tell them I'm not paying such a high doc fee and to reduce to $75? Won't it be different per state? Comment from : Dana Bowles |
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Your content is amazing thanks for everything that you do Comment from : The Deen Team |
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Wow I'm afraid to look at my contract I had for my truck If only I had seen theses videos before i feel like Ben Dover Comment from : booga shaca |
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Are you sure doc fees are only $75? I saw a list of state doc fees just now with only a few states at $75 cap and most states supposedly have no limit cap I'm in AZ and it's saying $429 for doc fee Comment from : KiraOnii Chan |
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What happens if the sticker on a new car window shows “Delivery, Processing & Handling Fee $1,095”? Is this half bogus or a proper fee? Comment from : Michael Fama |
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Thanks for yet another amazing and educating vid I will be putting this to good use within the next 90 days God bless you Comment from : Brian Ingarfill |
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Negotiating with a Ford salesman about the 0 72 month dealthey still get their interest off the top with raising the price since they paid less with invoice and holdbackbut I asked to see the invoice and he flatout said no,lol!!I thought they had to show you it Comment from : donnie samples |
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So I can tell them to screw themselves i only got 75 ???????? Comment from : 610v |
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Great video Comment from : Gigawatt rc |
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8:17 - Item #11 - Are they allowed to charge for State Inspection? Comment from : 76ers |
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2:47 - YES!! Like I said in one of your old videos, we should make up our own fees and charge the dealership brAlso, look lower on that document, they're charging "Air Quality" fee WTF??? Comment from : 76ers |
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You talk too fast for me to even comprehend what you are trying to get at You are very used to reading contracts - I am not! I wish you would just slow down a little for we elderly folks Comment from : chichi41 |
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This is good practice going over these documents, especially when you see how different dealers word the fees Thanks! #thehomeworkguy Comment from : Martin R Guajardo |
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Would you do a video on what the (sneaky dealer) language is on pre-payment penalties when financing a (used) vehicle?brbrIs it your experience that most car deals require the buyer to pay a penalty for paying the vehicle off early?brbr#TheHomeworkGuy Comment from : Alderman Fred C Davis |
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This is awesome! I'm actually currently shopping around for a Hyundai Palisade and this visual will have me strolling into the finance office like Connor McGregor lol Comment from : Dan Marc |
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