Posts Tagged ‘Car Sales’
Ahmaendah asked:
Car dealers are typically located close to one another, they cluster in one section of town. Interpreting this behavior with the Hotelling Model, would you say that price competition is intense in the industry for car sales? Why or why not?
I don’t think it’s intense because cars have both vertical and horizontal differentiation.
Peterbc asked:
Chi Square Problem
Car sales for last year totaled 500. The sales in each district were: A = 20%, B = 10%,
C = 30%, D = 40%. This year car sales in the districts are A = 85, B = 60, C = 175 and
D = 180 Cars. Determine of the car sales this year differ significantly for the sales in the prior year at a level of significance of 0.05.
J asked:
I currently work in a hotel making 9.00 an hour. I love my job, except for my manager she is a phycotic old lady. I have been given tje opportuniy to become a car salesman. I am single I have an apartment paying 600.00 a month, And i am barely making it right now. Do you think it would be smart to take on this new position, I am nervous about commission and that I may not make enough to pay my bills I want to make more than what I am now.
I currently work in a hotel making 9.00 an hour. I love my job, except for my manager she is a phycotic old lady. I have been given tje opportuniy to become a car salesman. I am single I have an apartment paying 600.00 a month, And i am barely making it right now. Do you think it would be smart to take on this new position, I am nervous about commission and that I may not make enough to pay my bills I want to make more than what I am now.
Gregg Hall asked:
It seems there are as many sales tactics to sell cars as there are cars. They are all designed to achieve the same purpose and that is to get you to sign on the dotted line. Let’s take a look at some more of the common methods out there today.
Salespeople know by now that people who come in to dealerships are naturally suspicious of salespeople and knowing this they have their own little brand of psychology to deal with and combat it.
One of the favorites is the “I’m a trustworthy salesman” garbage. Yeah right, and I have some beachfront property in Arizona to sell you. If you are a real tough customer and say something like you are going to come back tomorrow, they will say “That’s perfect, I can get you a better deal tomorrow, they are trying to get a higher profit today” like tomorrow is going to be any different?
The next thing is something that anyone who has bought a car has probably seen, getting you set on a particular car and taking you on a demo ride. The walk around is designed to end up with you at the driver’s side of the car. He will have you sit in it and turn it on and then say, “Let’s go for a ride!” This works especially well if you have a family, he will enlist their help as well. Kids always want to go for a ride in a new car! While on the demo ride he will be constantly probing you and asking questions, finding out what you like and logging it in his memory.
Confusion is the next trick that is used. For example if it has been determined that you are a payment buyer the slick salesman will just keep quoting the payments to you and not even pay attention to the price of the car. They will do the same thing if you come in with a trade difference figure in mind. They will keep going to the trade allowance and try to convince you the difference doesn’t matter. The point is never tell them you only car about the payments, or your trade value, or the difference. You want to be able to keep tabs on all factors of the transaction. Also when trading beware of them trying to devalue your trade in your eyes, they will do this by running their hands over minor blemishes and making comments about it.
It seems there are as many sales tactics to sell cars as there are cars. They are all designed to achieve the same purpose and that is to get you to sign on the dotted line. Let’s take a look at some more of the common methods out there today.
Salespeople know by now that people who come in to dealerships are naturally suspicious of salespeople and knowing this they have their own little brand of psychology to deal with and combat it.
One of the favorites is the “I’m a trustworthy salesman” garbage. Yeah right, and I have some beachfront property in Arizona to sell you. If you are a real tough customer and say something like you are going to come back tomorrow, they will say “That’s perfect, I can get you a better deal tomorrow, they are trying to get a higher profit today” like tomorrow is going to be any different?
The next thing is something that anyone who has bought a car has probably seen, getting you set on a particular car and taking you on a demo ride. The walk around is designed to end up with you at the driver’s side of the car. He will have you sit in it and turn it on and then say, “Let’s go for a ride!” This works especially well if you have a family, he will enlist their help as well. Kids always want to go for a ride in a new car! While on the demo ride he will be constantly probing you and asking questions, finding out what you like and logging it in his memory.
Confusion is the next trick that is used. For example if it has been determined that you are a payment buyer the slick salesman will just keep quoting the payments to you and not even pay attention to the price of the car. They will do the same thing if you come in with a trade difference figure in mind. They will keep going to the trade allowance and try to convince you the difference doesn’t matter. The point is never tell them you only car about the payments, or your trade value, or the difference. You want to be able to keep tabs on all factors of the transaction. Also when trading beware of them trying to devalue your trade in your eyes, they will do this by running their hands over minor blemishes and making comments about it.
Richard asked:
Car Sales Exposed
There are some things that big business would rather the average person did not know about. In some cases this is good to protect local markets but in others it is to protect profit margins more than anything else. Financial institutions get richer while the man in the street continues to fork out more money for home mortgages, food and transport. One of the most controversial markets is most definitely car sales and repairs. This industry crawls with con artists and salesmen that are out to drain every last cent they can get out of you. As soon as the deal is done you are simply another statistic. Until now that is!
A well known internet celebrity that has regularly been in the media has exposed car sales and blown off the lid in this industry. Her unbelievable new information to buying any car for a fraction of the price is a resource every dealer would prefer you did not lay your hands on. This well known female Doctor regularly purchases investment cars and after a little research and digging into this industry where most people fear to tread she has opened up a can of worms. There are going to be a lot of car dealers and salesmen that are going to everything possible to have this information squashed as quickly as possible. Like many other markets that have secrets people that have information of this nature are invariably bought off!
Next to your home the next biggest investment you will make is for your car. A reliable family car or transportation to and from work is just something the average family cannot do without. Buying a new car is certainly a stressful business and you can end up paying more money than you would have to if you knew just how this car sales market operates. At the risk of being persecuted by the car sales industry this well known women personality gives you information that will have any dealer sweating under the collar. It is not often that you can get your own back and when you do it is more than satisfying.
People are being lied to, and cheated out of their hard earned money by this industry on a daily basis all over the world. Some prices for cars are simply ridiculous and common sense tells you this. However sometimes you just have to have the car and as a result spend a small fortune which could have been even half the price you would have paid if you knew how. Expensive cars are purchased on hire purchase agreements that are loaded with interest, finance charges and administration charges. Imagine being able to walk into any car sales and driving away the car of your dreams without laying down a single dollar?
If you are in the market for a new car then having the right information that this powerful internet figure has released is going to make a huge difference for you.
Car Sales Exposed
Car Sales Exposed
There are some things that big business would rather the average person did not know about. In some cases this is good to protect local markets but in others it is to protect profit margins more than anything else. Financial institutions get richer while the man in the street continues to fork out more money for home mortgages, food and transport. One of the most controversial markets is most definitely car sales and repairs. This industry crawls with con artists and salesmen that are out to drain every last cent they can get out of you. As soon as the deal is done you are simply another statistic. Until now that is!
A well known internet celebrity that has regularly been in the media has exposed car sales and blown off the lid in this industry. Her unbelievable new information to buying any car for a fraction of the price is a resource every dealer would prefer you did not lay your hands on. This well known female Doctor regularly purchases investment cars and after a little research and digging into this industry where most people fear to tread she has opened up a can of worms. There are going to be a lot of car dealers and salesmen that are going to everything possible to have this information squashed as quickly as possible. Like many other markets that have secrets people that have information of this nature are invariably bought off!
Next to your home the next biggest investment you will make is for your car. A reliable family car or transportation to and from work is just something the average family cannot do without. Buying a new car is certainly a stressful business and you can end up paying more money than you would have to if you knew just how this car sales market operates. At the risk of being persecuted by the car sales industry this well known women personality gives you information that will have any dealer sweating under the collar. It is not often that you can get your own back and when you do it is more than satisfying.
People are being lied to, and cheated out of their hard earned money by this industry on a daily basis all over the world. Some prices for cars are simply ridiculous and common sense tells you this. However sometimes you just have to have the car and as a result spend a small fortune which could have been even half the price you would have paid if you knew how. Expensive cars are purchased on hire purchase agreements that are loaded with interest, finance charges and administration charges. Imagine being able to walk into any car sales and driving away the car of your dreams without laying down a single dollar?
If you are in the market for a new car then having the right information that this powerful internet figure has released is going to make a huge difference for you.
Car Sales Exposed









