260 episodes

Advice on buying a car, truck or motorcycle. How to save money and avoid the hassles when purchasing or leasing a vehicle. Information about every aspect of an automotive purchase. Financing, trade-in value, advertising and many other topics.

Deal Talk Geoffrey Jerome Veit

    • Education
    • 4.8 • 41 Ratings

Advice on buying a car, truck or motorcycle. How to save money and avoid the hassles when purchasing or leasing a vehicle. Information about every aspect of an automotive purchase. Financing, trade-in value, advertising and many other topics.

    The what and why of due diligence plus EV corner

    The what and why of due diligence plus EV corner

    The what and why of due diligence plus EV corner
    Electric vehicle charging levels
    Charging improvement means more $
    Each electric company area could be a monopoly
    2022 Consumer Report has a great ratings section
    Brand tells the story best
    Due diligence is paramount
    There are no short cuts to good results
    Know what you want first
    Used price calculation methods for used
    Use the Monroney label for online comparison of new
    The internet for some of today's information but not buying
    Get the facts and leave the rest.
    Beacon scores
    Bank rates and terms at least 4
    Internet quotes or however possible
    Assertive not aggressive
    Shop dealer installed accessories before the deal
    Chose a few dealers
    Compare amenities
    Go in armed with the facts. There is no substitute

    • 29 min
    Dealer advertising is like the fake news

    Dealer advertising is like the fake news

    Dealer advertising is like the fake news
    F150 is just 150 miles loaded
    Where is the Lithium?
    A plan for better MPG
    Bad ads = bad experience
    Bait and switch
    Switching stories
    Ridiculous trade values
    Guaranteed payoff is a hoax
    Rebate tricks
    Employee pricing, means what?
    Disclosures
    Plus everything
    Radio, newspaper, magazines, TV, social media,
    Government ads for Green new deal support
    FTC will help eventually
    Not a single number is factual
    A dealer’s ads indicate their ethical character
    Do diligence will protect you
    Still OTD and CPI

    • 43 min
    EV news plus One price dealers

    EV news plus One price dealers

    EV news plus one price dealers

    Twenty eight thousand ?
    Electric is often missing all that is needed
    Big organizations make mistakes but can afford to
    The one price stories
    There are no special deals just special methods
    Why are one price techniques uesd
    Cut the dealer ‘s expenses
    Enhance the profits
    It’s not about customer satisfaction
    2+2 is not 5
    No haggling does not mean a good price
    Ho Hum prices at best
    Shorter sales process, longer F&I time
    Don’t let your guard down for a second
    Negotiating is better for the customer and their satisfaction
    One price gives a dealer higher profits as a whole
    No matter what they say, haggle anyway, or move on

    • 32 min
    What to do is you purchase a problem vehicle

    What to do is you purchase a problem vehicle

    What to do if you purchase a problem vehicle
    The FTC is increasing their rules for dealers
    Does it really help or just increase prices
    Electricity costs are going up…fast
    The Lemon law
    All states have a lemon law but guidelines vary
    Get the dealer principal involved after two repair efforts fail, don't wait.
    Get your forms from your state's Attorney General office
    Arbitration could be available from the manufacturer
    Federal lemon law
    Magnuson-Moss act
    FTC new or used
    Effort equals results
    The main concepts

    • 32 min
    Dealing on a medium or low priced used

    Dealing on a medium or low priced used

    Dealing on medium and low priced used
    Don’t be fooled by a $7500 credit there are lots of other reasons
    So many new vehicle tricks and gimmicks, go used
    Used leasing isn’t good
    Inexpensive is many things
    Used vehicle categories are different
    Priorities have a number
    Like everything , pay more, get more
    Many ways to save
    Clear title is always number one
    A check list to follow
    Low dollars are low value
    Banks always play a part
    Junk is just that
    Why was it salvage
    AS IS describes current condition
    Salvage title means brought back from the dead

    • 32 min
    The due diligence keys for buying a used vehicle

    The due diligence keys for buying a used vehicle

    The due diligence keys when buying a used vehicle
    Climate change barrier reef is 90% better
    Tax credit?  Only a few models and who needs it?
    Due diligence on a used is different
    Resale consideration can be just as important
    You need wholesale and retail prices
    Use all the pricing guides
    Call for quotes
    For exact options you can’t be too picky
    Special reports will help, like Consumer Reports
    What are the keys
    What Dealer?
    What are your basic needs
    Check for flood signs
    More due diligence
    Checking banks cuts even more $
    They will call if you walk
    OTD or CPI, always
    Cash pressure on the non-dealer
    Trade works the same as new
    CPO is not the best deal

    • 47 min

Customer Reviews

4.8 out of 5
41 Ratings

41 Ratings

Jpgators ,

Excellent Resource

All the info you’ll need to feel comfortable while selling, buying, or leasing. I highly recommend using this excellent resource to prepare for your next deal. It has helped me immensely especially since I’m in the leasing market every 2-3 yrs. Thank you for continuing to produce this great content!

ejm3211 ,

Amazing Podcast

Very informative podcast about negotiating for a big purchase! The strategies apply to cars, trucks, motorcycles, boats, rvs, etc. Several tricks are laid out and the process is covered from the beginning to the end.

Oswego Boy ,

Boring

Boring podcast.