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What is the difference between a car "broker" and car "dealer" ?
Wiki User
∙ 14y ago
Car brokers are hired by consumers to be on their side and to work the deal from a car dealer. Most of the time they can save the consumer a significant amount of money.
Wiki User
∙ 14y ago
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How do you get a car dealer and broker license in new york?
How do you get a car dealer and broker license in pa?
What is another name for a broker?
A broker can regard a dealer or merchant of a product or service. Automotive brokers typically regard used bulk car sellers or exporters. A broker in the finance and trade industries can regard a stock trader.
Can you return the co-signed car to the dealer?
Sure if you want to ruin your credit and end up paying the difference between what the car eventually sells for and what you owed on it. Don't do it!!! If the dealer is not the lender then he is not envolved with this in any way whatsoever. Talk to the lender and work something out.
What is the difference between a factory invoice and a dealer invoice when shopping for a new car?
The factory invoice is the total cost of the car that the dealer pays without taking any of the incentives or discounts received from the manufacture. The dealership invoice, is the total-cost with all discounts applied.
Why would one choose to use a car broker?
If one was a first time buyer or unsure about how to buy a car then a broker can help by liaising between buyer and seller. It can make the process less stressful and time consuming.
Is the design of the car the only difference between a concept hybrid car and a regular car or is there a difference in the motor?
A hybrid car runs off electric power as well as gasoline. I would find a dealer, and then I would contact someone in customer service with any questions. They should be able to assist you and point you in the right direction.
Can you go into Canada on a dealer plate?
Yes, as long as you have Canadian Insurance placed on the car and have a Canadian Insurance ID Card while it is in Canada. Your insurance broker can provide this to you.
Where can one find a car broker in the UK?
There are many different car brokers in the UK. There is a website called UK Car Broker that can help you find the best suited broker to your needs as well as one that is local to you.
What are your legal right when a car dealer just found out the car you trade in has a lien?
If you did not disclose the lien to the dealer then you committed fraud! At this point it is a fraudulent deal and everything can be unwound. The dealer can repossess the unit or sue you for the difference. In jurisdictions it is possible the dealer could get a warrant for your arrest for credit fraud
Can you get a loan with a satisfied judgment on your credit report?
Depends on the bank, what the loan is for, and on your overall credit score. Wait a few weeks, check your credit rating, and then - carefully, have your mortgage broker or car dealer check your credit for you new purchase. But their search will make a "hit" on your score, so be sure you use a broker that is aware of your full credit history and may not really need to check it; or that the car dealer you are working with is the one you are going to stay with.
In Illinois when you buy a new car at a dealer and privately sell your old car do you pay tax on the difference or on the entire amount of the new car?
You will pay on the value of the new car.
At the end of a car lease you pay a certain amount if you decide to buy the car what is this amount called?
Residual. This is the difference between the price of the car and what you have all ready paid. Let's say the car price was 30,000 and you paid 15,000 with the lease. You still have a 15,000 balance so that is what you will pay to keep the car. If you don't the dealer will resell the car for that and a bit more to make the money out of the car. Take the car for a check up to your mechanic before you turn it in so the dealer can not say you have to pay for repairs. I had a dealer try this and he wanted to add several hundred to the cost of the car above what I owed. The week before I had it in and checked out and that was the only way I could prove the dealer was trying to cheat me.
