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The Car Buyers Toolbox

Author: Odie

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With The CBTb, the goal is to provide car buyers with the information needed to approach the car buying process with confidence to make informed decisions and alleviate the anxieties and fears associated with car buying, making it an enjoyable and rewarding experience for all.
19 Episodes
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It's been awhile since any content has been released so for all of the faithful listeners out there here's a new episode to check out.A few standout stories of goings on inside the dealership to the lackluster management that drives the ship. This episode will help you get back into the swing of things as a new venture is on the horizon.Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Have you ever thought about cosigning for someone you care about when buying a car? It’s a big responsibility, and not one that should be taken lightly. In this episode, we examine the benefits and potential pitfalls of cosigning for someone else. We’ll talk about the factors to consider when making this decision, and the potential implications for both parties. We’ll also explore who is usually a good candidate for cosigning, and how to know if it’s the right decision for you. Don’t take this decision lightly; join us for an in-depth look into cosigning for someone when buying a car.Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Today, we are talking about straw purchases, a topic that many car buyers find confusing and intimidating. We'll discuss what a straw purchase entails, the potential consequences of such a purchase.We'll also take a look at the potential legal and financial implications for both buyers and sellers of a straw purchase as well as discuss the most common types of straw purchases, and how you can avoid them. So don't miss out on this valuable episode. Tune in now!Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode, we're talking about dealerships not allowing customers to use third-party financing. We'll discuss why this is happening, what it means for car buyers, and how you can still get the financing you need to make a solid deal. We'll also give you tips on how to deal with dealers who won't accept outside financing and how to get the best deal possible. Plus, we'll give you advice on how to shop around for financing that's right for you. Tune in to get the latest advice on car buying with dealerships not allowing outside financing.Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode, we’ll discuss the pros and cons of financing versus leasing when it comes to purchasing a new car. We’ll start by discussing the differences between the two options, the benefits and drawbacks of each, and the financial implications of each. We’ll then explain what the consumer should consider when deciding between the two options, such as credit score, budget, and future plans. Finally, we’ll provide some helpful tips and advice on how to make the best decision when it comes to financing versus leasing a car.Here are some points to consider for yourself...How long do you typically drive a vehicle forAnnual mileageHistory as a predictor of future behavior: normally trade, sell, or keep vehicle once paid offLast or Existing vehicle: lease, finance, cashModify or keep it stock/factoryHow important is warranty to you: replace before expires, don’t careServicing: at dealership, shade tree mechanic, selfMoney factor is especially interest rateResidual valueDid you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode of What's YOUR Best Price, we're discussing the the 'We Owe' form, an important document that outlines the products and services due to the customer after the purchase of a vehicle.We’ll discuss the details of the We Owe Form, including what it is, what it covers, how it’s used, and why it’s important. We’ll also provide advice on how to make the most of your purchase with the We Owe Form. Tune in to learn all you need to know about the 'We Owe'!Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode, we'll be discussing the ins and outs of factory orders. We'll talk about what to consider when placing a factory order and the potential pitfalls that come with factory orders. We'll also discuss what information you should have in order to make an informed decision about factory orders and how to evaluate the offers you receive from dealerships. Finally, we'll look at the pros and cons of factory orders and how to weigh them before making a decision.Tune in to learn what you need to know about factory orders!Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode, we're discussing the ins and outs of buying a car with subprime credit. Whether you're a first-time car buyer, or you just need a refresher on this important topic, join us as we talk about the different credit tiers, and the possible pitfalls you should be aware of.We'll also cover how to maximize your chances of getting approved for the best loan terms possible. Get the insights you need to make an informed decision and get behind the wheel of your dream car today.Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In this episode, we'll discuss why these ads can be so misleading and what you should do to get the most out of your car search. We will discuss why these ads can be so deceptive and how to ensure you get the best deal possible. Tune in as we discuss how to get the best car for your budget without falling for a call for price trap.Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you know?According to an article listed on thezebra.com“Only 7% of people want help from a salesperson”Cox Automotive Reports:“Typically, the biggest problem for dealers isn’t getting enough leads, but rather, how to correctly manage the many they do have and how to distinguish the good leads from the bad ones. While ignoring leads can result in lost sales, there is a balance between following up on poor leads and prioritizing staff time to capitalize on the best chances for sales success.”“Most dealers spend $50 to $500 dollars on special and internet leads” -leadlocate.com“The average cost for an auto dealership lead hovers around $250. This is higher than most industries, since buying a car is a complex decision…” -invoca.comWith that stated, bear in mind:Don’t start nothing, won’t be nothing!Don’t blind submit your creditIf you inquire, they will callDon’t close the lead until they buy, die, or move away3rd party vs manufacturer vs dealer websiteBe selectiveJust answer the call, opting out of text isn’t enoughPiss you off and get potential half or stop communication and get nothingDid you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you know?According to CarGuru’s research:“Social media is used by 71% of car buyers to assist with the buying process in some way and 21% say social media directly informed their car purchase.”In todays automotive market, prospective customers are looking at social to find out more about dealerships and their tactics nearly as much as the vehicles they sell.In other words, content about the sales process on TikTok, Instagram, YouTube, and other platforms significantly impacts the buyers’ perception of the car buying experience.With that in mind, what buyers and prospective customers like, follow, and comment on could make or break a dealership.We’re here to address some of the negativity we come across on social media!Misguided InformationNot Sharing Payment ExpectationsBottom Line FocusA Reasonable ProcessHide The TradeSkirting The ProcessProviding A Great ExperienceShort Term Finance MentalityDid you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you know?According to a Experian:“When it comes to a down payment on a new car, you should try to cover at least 20% of the purchase price. For a used car, a 10% down payment might do.”This can be extremely helpful as you won't be financing in any of the fees associated with your purchase and depending on the size of your down payment it can also begin to cut into any immediate depreciation.Here's a few keys on Down Payment!AKAIs NOT IllegalNot Always NecessaryHelps LTV For ApprovalUsually Needed With Poor CreditHelps Control Monthly PaymentCan Help Buy Down Interest RateIt CAN Increase Dealer ProfitDid We Mention, It's Not IllegalDid you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
Did you know?According to a study performed by THE 2016 BEEPI CONSUMER AUTOMOTIVE INDEX:“61% of shoppers surveyed reported  feeling taken advantage of at dealerships” and “52% of car shoppers shoppers felt anxious or uncomfortable at dealerships.”2020 was the beginning of an automotive supply shortage, this led to dealers significantly marking up their remaining inventory, some of these Market Adjustments are still present to this day.What is the WASSANAME?Market AdjustmentDealer Adds/FeesFront end profitBack end profitRate Markups/ Buy RateMSR what?Has greed overtaken car sales?Did you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
In our first ever episode we discuss some of the factors we feel are the most important to know and consider in the quest to obtain your best price. These are all about doing your research before ever stepping foot into a dealership and being prepared to move forward when you do.Here are 8 points to help you SET REALISTIC EXPECTATIONS.Understand how price translates to paymentSet a realistic budget rangeDo a proper needs assessment Credit/ what’s your score/ rates you qualify forDesired model/ availabilityUnderstanding trade valueClean your tradeBe prepared to move forwardSupport the showDid you like this episode? Why or why not?Your feedback is valuable to our growth.Check out our polls on Spotify and be sure to like, comment, and hit the notifications for our future episode drops.Let us know what you think or if there's something you think we should discuss on a future episode and we'll give you a shoutout on the episode.For more tips and tricks on how to get your best price and not feel taken advantage of at the dealership email us at odieandthewildman@gmail.comBecome a supporter of the show!https://www.buzzsprout.com/2110674/supportMusic by AlexGrohl from Pixabay
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