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Thursday, July 23, 2009

How an Intermediary Can Help You

By Graham McKenzie

Rather than going out and test driving several vehicles you can save a lot of time and effort by hiring an intermediary. An intermediary will go through the process of finding the car you want and getting the best deal that he can. Besides saving time and effort you may also save a lot of money. This is because an intermediary usually charges between $200 and $1,000 for his work and the discount he can get you will usually be more than the fees.

Dealerships usually give special deals to intermediaries to help them sell cars. This in turn helps you get the best price as well. Intermediaries also will usually know how much the car costs and how much dealerships get in commission. When an intermediary knows this he can negotiate the best deal possible for you while allowing the dealership to make some money.

You should be careful when you're looking for an intermediary to hire. Sometimes you will find intermediaries are actually employed by a specific dealership which will lead to you going to that dealership rather than the one that will give you the best deal. You can ask them for a statement which shows who they are employed by and how they get paid. You should also know the price range for the specific vehicle you?re looking at. This will help ensure that you are getting a deal on your vehicle.

Many dealerships prefer not to work with brokers. However an intermediary has a huge advantage when he goes to a dealership as he can?t be bluffed or lied to by salesmen because he knows all of the facts. However they will know which dealerships will give them and you the best deals.

The laws for intermediaries vary between states. Since some states are less strict about their laws you will want to do a background check on your potential intermediary. You should also look for an intermediary that has good customer reviews. You may want to consider looking for an intermediary that works for a company rather than hiring a private one.

The price that you?re charged by an intermediary will changed based on the car and the intermediary you choose. However you will be charged less for them to find new cars for you as they have more resources to work with. Usually they will have to do a lot more searching to find a used car which increases the price of their services.

Asking the right questions before you decide to hire an intermediary is important. You should take your time and find out the information about the company that you need to know. It?s also important that you know that it?s not illegal for them to work for a sole dealership. If you want to be able to get the best deal you will want an intermediary that works with multiple dealerships. Finally you will want to be open minded about working with an intermediary that is not local. Many intermediaries work from home and set up deals via phone. Even though they may not be local they can still find you the deal you?re looking for.

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