TOTAL JUNK! (Dealer Protection Packages) Kevin Hunter the Homework Guy
Car Dealership protection packages are a complete waste of your time and money. Don't be fooled and DO NOT BUY their JUNK. If a dealer attempts to force you into buying these products "because it's already installed on the car," this is known as illegal Tying of the Sale.
We'll cover Fabric Protection, Paint Protection, Theft VIN Window Etching, GPS Tracking devices for cars, Car Alarms, and all Protection Packages that only protect one thing- Dealer PROFITS and not you, the consumer.
https://thehomeworkguy.com/
Car Dealer Scams, including old tricks and new tricks by car dealerships, presented by Kevin Hunter and the Amazing Elizabeth, The Homework Guy Team, home of the ONLY Hassle Free Car Buying Service.
Thinking of buying a car? Then you're probably like most consumers - afraid and anxious about being ripped off by a Car Dealer. And, your fears are well justified! Consumers in the U.S. lose well over $30 billion each year to car buying scams, many of which are easily avoidable while others may require a little expert help.
SUBSCRIBE ON YOUTUBE / kevinhunter #Car #dealership #cars #usedcars #carsforsale #TheHomeworkGuy THE BEST CAR BUYING ADVICE YOU CAN FIND is published by The Homework Guy Team (THG)! We’re the team of Auto Experts, Finance Gurus, and Car Pricing Strategists that well over 45 Million Car Buyers have come to know and trust.
VISIT OUR WEBSITE: https://thehomeworkguy.com
WANT TO LEAVE A TIP FOR THE HOMEWORK GUY TEAM?
https://www.paypal.me/consumeradvice or https://cash.app/$TheHomeworkGuy
WE THANK YOU IN ADVANCE! WE APPRECIATE YOU SUPPORTING OUR MISSION!
JOIN US ON OTHER SOCIAL MEDIA!
Facebook: / thehomeworkguy
Twitter: / thehomeworkguyz
HASSLE FREE CAR BUYING SERVICE Available now! Click here to get started: https://thehomeworkguy.com/thg-team-c...
Profit is King at car dealerships these days. Protection packages often have high markups, meaning dealers can significantly increase their profit margins by selling them. Even if the package isn't installed, the dealer will, of course, still pocket the extra money. Here are reasons they get away with this stuff:
Bundling Tactics: We’ve frequently warned you about Dealer Bundling. Dealers often bundle these packages with the car sale, and interestingly beyond the profits, they actually believe these protection packages make the deal seem more attractive or comprehensive to you, the Car Buyer. Customers might believe they are getting added value, even if the items are not actually included. Btw, Bundling is also known as Tying the Sale, and that tactic is clearly illegal according to the FTC. Read up on it, and then just say NO!
Customer Awareness: Many customers may not know what to look for to verify if the protection packages are even installed. This lack of awareness allows dealers to sell these packages without actually providing the services or products promised.
Complex Paperwork: Car buying involves extensive paperwork, and dealers can slip in the charges for protection packages among various other fees. Car Buyers might not notice or question these charges in the midst of all the documentation.
Sales Pressure: Salespeople might be incentivized to sell these packages through commissions or sales targets. The pressure to meet these goals can lead to dishonest practices, such as charging for uninstalled protection packages.
Customer Trust: Dealers rely on the assumption that customers trust them and will not check whether the protection packages are actually installed. This trust can be exploited, ESPECIALLY if the dealership has a long-standing reputation. Isn’t that interesting? The more a dealer believes you trust them, the more they will do to take advantage of that trust!
