by Scott Klein on February 14, 2012
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So you’re in the market to purchase a new or used vehicle, and you’re contemplating on whether to trade your vehicle into the dealer or sell it yourself privately. Most people know that a car dealer is only going to give you trade value, or wholesale value for your trade-in verses getting retail value by selling it privately. The question is how much is the
difference between what the dealer will give you and selling the vehicle privately? $500.00? $1,000.00? $2,000.00? or even more? Suffice to say, if it was only a $500.00 difference or $1,000.00 difference then trading the vehicle into the dealer would probably make more sense. [click to continue…]
by Scott Klein on January 10, 2012
If you sell a product or service, closing more sales equates to making more money which opens the door to myriad opportunities both good and bad. The good is the additional income allows you with more money to buy the things you
need and want. Maybe it’s an avenue for that special trip you’ve dreamed about. Maybe it’s a car you’ve had your eye on, or perhaps it’s a way to start an IRA. The bad is more income equates for more opportunities to go in debt by over extending yourself financially. However that’s a whole other topic so let’s assume that you’re a good money manager, but your primary goal is to make more money by increasing your closing percentage. [click to continue…]
by Scott Klein on May 19, 2011
“Gap Insurance Doesn’t Cover Breakdowns”
Gap Insurance is sometimes often confused with extended service coverage. In other words, some people think that if they have Gap Insurance and their vehicle breaks down then the breakdown will be covered by the Gap Insurance; that is totally erroneous. Why? Because Gap Insurance doesn’t cover break downs, it covers the “Gap” between the loan amount and the actual cash value amount of a vehicle. [click to continue…]