| Title | : | Is money down on a car deal a SCAM? How dealers turn your cash into PROFIT! |
| Lasting | : | 10.20 |
| Date of publication | : | |
| Views | : | 888 rb |
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Quick question Say I put $200000 down on a vehicle and really wanted to put 15k down… Would it be smart to use the 13k to put into the principal when I make my first payment? Comment from : Alexia Massiah-Alexis |
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Wouldn't it be wiser to pay down my existing low interest loan so that I don't have to borrow as much at a higher rate? Comment from : Justin Wood |
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Broke people ask how much down and how much is the monthly payment Wealthy people ask how much Comment from : Francisco Garcia |
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We got an AMG GLE with 0 down and 2000 monthly payment suicidal Comment from : Maira |
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Just have your loan before you step into the dealership 😊 Comment from : seoulkidd1 |
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what if putting 9k down on a loan for 49k is the only way ill get approved ? at a 29interest rate but i make 8k a month just not on the books Comment from : Karina Guiracocha |
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ANY AMOUNT OF DOWN PAYMENT IS FRUAD Comment from : Franky |
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Hello , between leasing and financing a car which one is better and smart idea Thx Comment from : diddyrog |
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This guy has absolutely no idea what he is talking abouthe's probably a salesman and a bad one at that Comment from : Doug Freeman |
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And the financial dealership send you sign and you ssn and they become trustee on you trust and they get paid full paid from the treasury department and they make you pay the payment to bank which they sold you contract to the bank and double dibing on you and let you pay for car it’s already paid off under you name and the car on you name not on the bank name they put lien securities on it so they can get paid 2 time study consumer law and and study UCC code and everything it’s already prepaid under HJR 192 read it and Learn you are the creditors not debtor Comment from : Kemo Lomy |
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Well in comsumer law its wrong for anyone to ask for money down! its breaking federal law get in your consumer law and get a free car legit i got them that way no one is telling you the truth you have to study Consumer law and drop them bombs on them what i mean is codes of consumer law please due some reasearch yourself , contact a consumer law lawyer, everything you been taught is a freaking lie Become a Non citizen national!! if you dont know what that means go do some reasearch Everything in united states is already prepaied because the bankers stole all the gold from us and at one point they made it illegal to own gold until later on!!!! dont listen to this man Comment from : MrGuapomole |
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I'm in need of a chevy blazer 2022 how do I get one In Southern California Comment from : RAUL RAMOS |
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I’ll never understand why so many car buyers feel as though we should sell them a car at invoice Comment from : Kenny Miller |
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I am looking to buy a 2023 Chevy Malibu I will have $5000 down but my credit is fair When should I tell them I have equity Comment from : Bz 710 |
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So when should you tell a dealership that you have cash down? Comment from : Bz 710 |
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money down is illegal under finance charge in a money purchase loan Comment from : Lavish B |
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You are still holding back on the information and you’re jumping around end of the conclusion not much helpful I recommend everyone going and watching YAA videos instead They have a better way of explaining and SHOWING what they are talking about Comment from : Rivera Blends |
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Or 60 GlennAnd in down payment Comment from : JoseLuis Orozco |
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Chevy man let’s just say that if I had 80 grand in a down payment is it better to bring it in cash or check and can still finance Comment from : JoseLuis Orozco |
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It's a lot of ridding fucks out here that ain't no good to listen too And this dude is one of them Comment from : jason pope |
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Look People as a Consumer you only have to pay the Finance Charge You put that down-payment you go ni default brYou pay on demand Pay to the order of: United States Treasury Across the face ot the installment agreement Comment from : jason pope |
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i have not heard such horse crap in a long timebrjust get to the point Comment from : Reggie P |
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Never put money down Never Comment from : Rwellz |
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How about the car is paid off the min u sign that promissory note! They all are committing fraud Comment from : Healing Goddess |
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Thanks again Comment from : Ricardo boom official |
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I’m putting down$11,000 on $20,000 2016 Honda Accord touring with 100,000 mileage I don’t have credit etc is it a scam? Comment from : Mikael Stradwick |
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Awesome Comment from : Rick Dick |
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I moved into Columbus, Ohio for work the 26th of april, I have 1 week left on my rental and still haven't been able to get a good car Need help Comment from : Jorge Ruiz Lopez |
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A downpayment is just a committment on the part of the buyer No loss/no gain, either way Comment from : Alexi7666 |
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Bottom line it’s fucced up they can give you anything if they want to Comment from : Too Live Pee |
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Can you imagine a carlot full of cars, seems like a long time ago even though it was only 3 years ago Comment from : Raymond Correa |
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How do you address potential scams with the dealer/salesperson, without coming across as disrespectful? Comment from : Jenna Salata |
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I can grow my money at a better percentage than the loan itself I will never put money down Hell my next trade in won’t be a trade in I’ll sell it outright to the dealership and finance 100 of the vehicle (If this is an option) 10-20k in the pocket that grows at 5-10 a year while I finance the new vehicle at 2-3 Comment from : Thomas Poucher |
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Love your videos I don't care what my payments are, I want to see what my trade value is, what my interest rate is and everything that goes into the total This might not be the right way to go about it, but if a car salesman asks me what i want my payments to beI walk out Comment from : Dave G |
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What are tips for someone who’s credit is around 640 is there chance of a good deal or is the dealer just gonna add on a bunch of interest Comment from : Jesus Rodriguez |
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Good bid but didn't mentioned to put nothing down or just 1000 What is it ? Comment from : Angel |
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LOL The days of 2018 Now i just buy a car online and skip all the sleezy dealers Comment from : Danny R |
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They are telling me their is a car shortage and they have a extra 10k on their sticker written They offered me the 10k off which is regular price Is this really a shortage of equipment Comment from : Kingoftreechy |
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If it’s a zero APR is it necessary to put money down?if it is how will it benefit me? Comment from : Truckerr_Guy |
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Tila down payment is illegal Comment from : Ronald Pursley |
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the dealership does fraud every day when yall ask for down-payment is illegal or don't tell the consumer that car insurance is included with the finance charge lookup the law 15 us code 1605 determination of finance charge if you read you should see in paragraph (a) "finance charge" it will say the finance charge does not include charges of a type payable in a comparable cash transaction brbryou do know what that means consumers, do not put any money down on a car down-payments are illegal people learn your consumer laws brbralso in the law 15 us code 1605 determination of finance charge go to (5) Premium or other charges for any guarantee or insurance protecting the creditor against the obligor's default or other creditbrbrcar insurance is supposed to be added to your finance charge, why are you paying for a Geico, Allstate, or whoever you use separated bra lot of yall don't know sh*t yall better get yall 2022 together and stop getting raid off Comment from : Autumn Athree |
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Video starts at 2:18 everything before that is unnecessary Comment from : Jonathan Quintana |
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You mentioned that dealers can "scoop" a rebate but didn't explain what the hell that is or what it means Please explain Comment from : Ace Williams |
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Why did my down go towards paying my interest and addons rather than ofsetting my purchase price? Comment from : King of slots MILLION |
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I put money down but didn't sign any papers , can i get it back or its gone Comment from : Peter Moen |
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Should a downpayment be deducted from the price before or after the sales taxes? Comment from : The Seyler Family |
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what is the best months to buy a new vehicle for 2021? Comment from : aldrin cuyugan |
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Thank you so much for your invaluable information, highly appreciate it, keep it up the outstanding job, have a great day Comment from : Clerisson Mesquita |
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20 down over 3-5 years or you cant afford it Comment from : BigDirtyBastard |
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Just ordered a tesla online, no BS, no add ons, direct to consumer is the way to go Dealers should disappear, damn scamers Comment from : Amazing J Landscaping |
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Would you say a little amount as $500 down make that big of a different to even try and put it down? Comment from : Wes rageking |
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Is it still a scam if you don't have a trade Comment from : Patrick Paes |
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Woah, watching this in 2021 like damn look at all those cars Comment from : Willy Watsonburg |
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Man i got scammed for 40 k I gave 7k as a down payment and the car value was 26k and from nowhere the price went to 40k and I had to give 7k as a down payment but I mean I Iove my camaro Comment from : luis toledo |
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2022 trd😮 Comment from : Angel Diaz |
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Do people in Louisville who see your videos come to your car lot and use these tactics against you? Comment from : halfg567 |
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Why can't you start your own website selling cars I would be in good hands if you did Comment from : Kimberly Haberlie |
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In fact, most (99) of dealers are scammers They have customers sign 3,000 to 5,000 dollars for Gap coverage that does not even cover the car, and divide the money in half with the Gap company So, of course, when the car breaks down They deceive consumers with lies or excuses Moreover, a person with bad credit if he purchase a $5,000 gap, 10 interest, do total Gap cost is $7,500 in 60-monthsthey steal the money by fraud Besides, if they sell cars at a high-interest rate, they get a payout from the bank They are really thieves They are the poison of societyI hope more people can see this YouTuber's video Comment from : Bazooka123 |
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Do I have to put a down payment on a lease when it is advertised in an add? Example lease this new 2021car for $229 a month with $3000 down due at signing Comment from : Doreen B |
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Hello I love your videos I just have a questions I’m a bit confused Money down does lower payment but is money down actually a good idea If so how much? Comment from : Walta’sLife |
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Can you go with me when I buy my next car😁 Comment from : Shunna W |
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Video on ordering cars? Comment from : David |
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What would your recommendation be for someone with poor credit? Would you rather they have a large down payment, or should some, if not all, of the money saved for a down payment be used to cover the under water amount they owe on the trade and have a low down? Comment from : Joe |
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Car dealerships don't have to be scary Comment from : Angela Senator Kennedy sergeant Smirnoff |
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Screw the crooked dealerships! Comment from : A N |
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A salesperson is trying to charge me over MSRP for a rare 2021 honda civic hatchback Comment from : IDKLIVE |
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No worries mate, those complaining about you recording in your car are usually the morons who text on their phones while driving, as they say blame others for which you are guilty of I never pay attention to people like that Comment from : James McClane |
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And that's is why I just buy from a private sale when I have the money to buy it in one shot Comment from : Jon Doe |
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Damn shame Comment from : cash option 2 |
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You are paying them for the depreciation The minute it rolls off the lot, you lost all of it Comment from : Boone Docker |
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Louisville dodge wants 1,000 dollars down to order a truck nonrefundable it sucks swope in etown no down to order Comment from : Rebecca Blankenship |
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When the F&I guy goes to a bank, he makes money for his dealership by selling your loan to a bank for a higher interest rate The F&I guy WILL lie to you about what rate you qualify for Chevy Dude is LYING when he says that the best interest rates are passed on to you A BOLDFACED LIE Bank says they can do 3, F&I guy says 5, and F&I guy sells 5, and gets a check kickback from the bank Comment from : Dennis Svitak |
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His dealership, Bachman Automotive Group, is shady AF 167 rating out of 50 on the Better Business Bureau site Comment from : Dennis Svitak |
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I want to by a kia sx turbo sportage fwd and my trade is a 2019 kia sorento ex6 ; I have paid 32 months on a 84 month financing plan It is in excellent condition So what should I get in blue book value for a trade and buying the sx turbo fwd 2021? Comment from : Ramiro Alejandro |
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Do dealership like #lafontaincdjr @LaFontaineAuto1 scam customers with lies to deceive them? Sounds like trickery I would not recommend them Comment from : Steven Brumley |
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Louisville TN?? Comment from : DC Smith |
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Chevy I bought 2021 with 198 interest rate I paid 12,000 because I had not so good credit what can I do Comment from : Decarlos Sanders |
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I just want to understand you is it not ok for a dealer to make money just like any retail store or should every manufacturer of every product sale direct so you can close all retail stores Comment from : El Machin |
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Tell you aint got it simple Comment from : Rich Collins |
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Ok I'm about to get backed payed by the VA disability Let's say I see a pick up super crew cab and it's a like a 2018 and it's 29k with warrant's and of course it's gonna cost more and I have 27k cash on me Plus I have a 2008 jeep liberty to trade in I Kno it's not much value to the vehicle I wanna get How would that work Comment from : rashad johnson |
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You need to do this video, over again Slow down Use visual aids for dummies like me I am about to buy a 2nd car for the family and I need to know how my down will help or not help in the transaction Comment from : soulsoul5656 |
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You wouldn't allow me to post the truth behind money down Said, comment wouldn't post! Your video isn't the truth customers should really know Way to block someone who was trying to help ppl with the legit truth! Thumbs down and unsubscribed! Comment from : Nrfa |
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Video starts @3:20 Comment from : Jake Farmstate |
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The entire car buying process is a SCAM Very simple And until other companies can compete with these "Branded" dealerships, it will never change I guess that is why they lobbied so hard to get rules on the books so NOBODY can compete with them A legally protected Monopoly Comment from : Grawbad |
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LOL,I got a 139 loan with a 8k down payment with my dad as well as a co-signer Comment from : NewYork Plays |
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How bout getting to the point This guy is full of shit Comment from : Jim S |
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