Beat The Dealer - April of 2008

Q: My car is unreliable. I need another car but I’m embarrassed to go to a dealership because my credit is bad & I think they’ll just turn me down. Suggestions? – Anonymous in High Point, NC

A: Don’t be embarrassed. An estimated 70% of Americans have bad credit. Most people with bad credit incorrectly ASSUME they can’t buy a car. Perhaps they’ve been turned down in the past. But bad credit isn’t enough to keep a professional, caring, and courteous dealership from helping you own the vehicle you deserve. A dealer with appropriate experience and relationships should be able to connect you with a number of different financing opportunities regardless of your credit situation. Most don’t know that banks are generally looking for a diverse lending portfolio. That means that while they love to make loans to people with good credit, they also need to make loans to people with bad credit.
So if you’ve had credit problems in the past, don’t let that be a deterrent. If you have concerns about your credit, call a few dealerships and arrange an appointment to visit the dealership and speak with their Credit Specialist about your situation and discuss available opportunities.

ABOUT THE AUTHOR – Tracy Myers has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. He is the owner of Frank Myers Auto Maxx (Winston-Salem & High Point, NC) and Uncle Frank's Auto Approval Center (Winston-Salem, NC). He is a Certified Master Dealer, the National Quality Dealer of the Year, one of top 28 dealerships in the Nation, and one of the top 3 dealerships to work for in the United States. He is the author of "Eight Keys to a Better Car Deal" and the best selling book "Car Buying Secrets Exposed - The Dirty Little Secrets of a Used Car Dealer", available at Amazon.com. Tracy is a Christian business owner whose goal is to run his business "By The Book." Contact the Author: tracy@frankmyersauto.com