10 Car buying tips

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  • Опубліковано 12 січ 2025

КОМЕНТАРІ • 384

  • @H..M..
    @H..M.. Рік тому +85

    I really appreciate how upfront you are about the fact that most dealerships are going to try to defraud you. And dealers wonder why everybody hates what should be a personal victory.

    • @randomuserame
      @randomuserame Рік тому +5

      They only get away with it because more people aren't subscribed to channels like Lucky and don't see how the sasuage is made.

    • @JB-ri6zp
      @JB-ri6zp Рік тому +3

      This is me. Literally still driving my 07 Lexus with 180k. Been dreading the dealership process for years lol. If buying cars was anything like Amazon I would probably do it more often. I'm a millennial and if I don't know the exact price online then I'm probably not going to buy it or at least put it off for a lonnngg time (I invest or save most of my money anyways but I do love cars).

    • @H..M..
      @H..M.. Рік тому +4

      @@JB-ri6zp If I could find the trucks I am looking for at a reasonable price, I would probably buy two. Part of the problem with Lucky’s suggestion(TL;dr: do your homework) is that it would take tens or hundreds of hours and thousands of dollars worth of your time to maybe - maybe - get a slightly better deal on the vehicle you want. I bought 4 cars from one VW dealership over the years. Why? He quoted me an exact price with full transparency. Was it the best deal ever? No. But it was fair to both of us and saved a lot of hassle. The last VW I bought (2016) was hours of haggling over basically $500 after we settled on the car and the price and got down to the extra fees.

  • @Pavel_561
    @Pavel_561 Рік тому +127

    These tips are exactly the reasons why people hate dealerships.

    • @JB-ri6zp
      @JB-ri6zp Рік тому +13

      Yeah I've been driving the same car for 9 years. I'll avoid as long as I can lol but the time is coming for me.

    • @kwesiwilliams1188
      @kwesiwilliams1188 Рік тому +7

      @JB I've been driving the same car for 14 years. Still not trying to go to the dealership.

    • @LowesvilleProductions
      @LowesvilleProductions Рік тому

      000

    • @isabellrc
      @isabellrc 11 місяців тому +1

      I have to now, and even though I’ve researched to the hilt, I detest every bit of engaging with dealerships, and sales people

  • @PizzaCologne3
    @PizzaCologne3 Рік тому +52

    Has someone who used to work at as dealership as a salesman this is 100% accurate
    At the end of the day it is a business and you need to negotiate the price.
    About 80% of the customers who come in the door don't understand the sales process.
    I always have a plan a to z
    Dealerships will take advantage of you any day of the week.

    • @randomuserame
      @randomuserame Рік тому +5

      Every* day of the week.
      Twice on sundays.
      Vets get screwed too

  • @sharonb.9128
    @sharonb.9128 Рік тому +33

    Great video! You are so right! CHECK YOUR PAPERWORK! In 2019 I went to a dealership who told me they had the new 2020 model year on the lot. When I arrived, the sales manager said the new cars were stored at a different location but he would send the driver to bring the car in. The manager asked repeatedly why I wanted the latest model when nothing much had changed and it was more expensive. I never buy the first year remodel, I wait until they iron out the kinks. While waiting, we went over the trade in and although we were pre-approved by our bank, they insisted they could get a better rate and we struck the deal. Finally, he pulled up the freshly washed new car. We checked it out, the window sticker was folded in the glove compartment with the manual and wheel locks. We go over to finance and discover hiding in the paperwork it was for the outgoing 2019 model. I never, ever expected outright thievery. It’s bad out there, expect anything!

  • @ang3r3dv3t
    @ang3r3dv3t Рік тому +8

    A thorough review of the paperwork is super important! When I was 19, I got screwed on $2500 with a warranty I didn't even know I had.

  • @nawill9209
    @nawill9209 Рік тому +14

    I bought a motorcycle from a small dealership. Gave the guy the check. Navyfed called me to ask if I knew it had a salvaged title. I said no. I told my mom (she worked for the California dmv at the time). She gave me the paperwork to report the guy. I said I would go up there to get my money and if he didn’t return it I would report him. I went there and he asked me if I could wait a few days. I told him if he didn’t give it back my mom works for the dmv and I will be reporting him. He gave it back.

  • @wchdb4476
    @wchdb4476 Рік тому +15

    My Wife loves the negotiations of car buying. She is the director of the purchasing division of a very large corporation. She can be very polite and ruthless at the same time and make you feel good about it at the same time.

    • @carolray9156
      @carolray9156 Рік тому +4

      Maybe I can rent your wife when I go to buy my car😂

    • @angusdad4231
      @angusdad4231 Рік тому +3

      You better stay on her good side. Don’t f$&@ it up.

    • @Joanna-A7227
      @Joanna-A7227 5 місяців тому

      @@carolray9156I will too

  • @coston1986
    @coston1986 Рік тому +8

    I also have a Bluedriver scanner to make sure there’s not some major issues with the vehicle that you’re going to get stuck with. It just saved me from buying a minivan with 2 engine codes and one is super expensive to fix (ECM).

  • @ArkansasEV
    @ArkansasEV Рік тому +20

    I showed up at a Kia dealership to buy a Soul Turbo at their advertised price and they instantly said "Well yeah if you qualify for that price." They then asked if I ever bought from that dealership before and other stupid questions and said it's all relevant to get me the price I seen on the internet. When it was all said and done they wanted 3-4 thousand more than they had for the price on the internet because I did not answer their questions correctly. I did my research and went to another dealership and got it at MSRP. This was right before the market adjustment crap. I asked the 2nd dealership "Do I qualify for your advertised price?" The salesman asked "Do you have money? If you do then you qualify. That's the only qualification we have." I bought it from them and now they are one of the first places I look at online when shopping.

  • @Micmoves
    @Micmoves Рік тому +7

    Dude!!! That was even more than I expected! Fantastic info! Thanks for this!
    In my last purchase of a used car, I felt screwed and I didn't even know how it happened. I'll be very ready this time. Thanks again!

  • @barjer54
    @barjer54 Рік тому +29

    I worked for a new car dealership many, many years ago. They had a checkpoint upon entering their lot at which point aggressive salespeople would volunteer to park a person's car. At that point the keys to that person's car would mysteriously disappear for a period of time. That is until the salesperson was confident they could pressure the person into buying. Slick, huh?

    • @josephkelleher8820
      @josephkelleher8820 Рік тому +9

      Just never give dealership people the keys to your car.

    • @mojota6938
      @mojota6938 Рік тому +14

      @@josephkelleher8820 Call the police if this happens. Holding your car hostage is a form of theft.

    • @josephkelleher8820
      @josephkelleher8820 Рік тому +1

      @@mojota6938 Agree

    • @VermHat
      @VermHat Рік тому +1

      Nice profile pic! Windows vistas enjoyer?

    • @barjer54
      @barjer54 Рік тому +1

      @@VermHat thanks. And yes, Vista. My Windows 10 Pro bit the dust last year. LOL

  • @lhlinn7351
    @lhlinn7351 Рік тому +55

    Thanks for the video, Lucky. You just reinforced my commitment to never buy from a dealership.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +16

      There are lots of people selling cars online so you will probably get a better deal from them

    • @dol3980
      @dol3980 Рік тому

      buy from lucky lopez used car sales and after U drive off the lot and the crap breaks down call lucky and see how U lost big time. Sorry mutt u only get what u pay for and draw dregs from a lucky franchise if u need any service.

    • @k3iler05
      @k3iler05 Рік тому

      ​@Lucky Lopez Where would be a good place to look? I'd like a diesel Suburban or Yukon XL

    • @chelseaadams3155
      @chelseaadams3155 Рік тому +1

      @@k3iler05 Rockin D dealership in Lubbock specializes in diesel suburbans

    • @k3iler05
      @k3iler05 Рік тому

      @@chelseaadams3155 awesome! Thank you. I'll check them out. I'm in between a diesel suburban or yukon XL

  • @Fulloctanegarage
    @Fulloctanegarage Рік тому +10

    Always loved your videos. We buy a couple exotic or collector cars every year… but I always pick up something new from your videos. My biggest advice to someone buying an exotic car…be prepared to travel for the best deal… and buy a CPO whenever possible. Minimizes the risk. Keep it up!

  • @robertveronese4405
    @robertveronese4405 Рік тому +3

    I bought a new Spark last Aug. from a dealer in Ohio (the only 5 spd manual I could find). Flew there and they tried to charge me $500 more. I have a check for the total, so they finally agreed to the original price. Funny thing is they sent me a check for $1400+ in Dec, I cashed it! Bought a used Sonic in Portland, flew there and drove in back over night to Vegas, great deal. Bought a used motorcycle in Portland 2 years ago and one in Seattle last year, rode each one back in 2 days! A great deal is worth traveling for!

  • @ottomusprime5028
    @ottomusprime5028 Рік тому +4

    Oregonian here, if you’ll be in Portland, better check that the catalytic converter is still installed 😅

  • @malik.a.ashford
    @malik.a.ashford Рік тому +4

    I have another great tip that I overlooked because I assumed. Do not add gap if your letting the dealer finance it through a bank that they’ve gotten for you, that is a 3rd party item like a warranty. call the bank themselves later or make it clear you want gap with the bank and not a 3rd party. I also added it on my own insurance.

  • @EnthusiastsGarage
    @EnthusiastsGarage Рік тому +11

    There definitely seems to be a phobia with a lot of people about going far away to get a car. I’ve gone to dealers at least 12 hours away for 4 of my cars and saved a fortune. Cars are a big expense. It’s worth the extra little bit of time and money in the long run.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому

      Very True

    • @singlespeedcrossbike
      @singlespeedcrossbike Рік тому

      You also need to check on how that state works it’s sales tax. That a big deal. Texas if your not a resident no sales tax. Arizona buy from a private and no sales tax.

    • @macwestcanon
      @macwestcanon Рік тому

      because if something happens and you need warranty work local dealer says sure we will fix it but we are real busy leave car we will try to get to it this month. ok give me loaner we dont have any available

    • @stoptheinsanity
      @stoptheinsanity Рік тому

      True. I live in Florida and the dealers here have crazy added non-negotiable fees, sometimes in the thousands. I left the local dealership after finding out about their mandatory $1995 fee (now it's $2995 🙄). They lost 2 sales that day because we bought my son in to buy his first car and we were also going to buy a new SUV. I looked online, found a much better price on the vehicle I wanted, with more options, and almost $10K off sticker price, and didn't pay those crazy fees. The vehicle was in Kentucky and we had it delivered. Easiest experience I've ever had buying a car.

    • @ChrisTopher-vs9zz
      @ChrisTopher-vs9zz 7 місяців тому

      Couple of years ago I was looking for a minivan. I found one that I liked online but the dealership was a solid 2-hour drive one way. But I drove down there. When I got to the dealership I found that the minivan that looks so nice in the photos online look terrible real life. So the tricks that dealers use is they take photos of their vehicles in Shadows which cover up the scratches or even small dents that you can't see when looking at those photos online. The dealers know that. That's one of their many tricks.

  • @Questtt3
    @Questtt3 Рік тому +2

    Mentioned this in another video...but even more applicable here. Getting an itemized OTD price is really so important. I was at a dealership 3 days ago, and the old "Nitro Fill" scam was on their paperwork (which they allowed me to snap a picture of but not keep) - $499.00. I said, "Really?" expecting a smile, acknowledging it was absurd. To the contrary, the guy doubled down on how important this add-on was to the car's safety and longevity, quoting absolute nonsense (self-seals punctures, etc.). Shook my head and politely left...if they will lie about this...you cannot let your guard down for a second.

  • @volleyballboy36
    @volleyballboy36 Рік тому +1

    Great tips! Thanks! I think it's also good to read reviews of dealership you want to go to. I'm happy with my car but had horrible experience, won't go back. Had car for a while, current reviews show dealership behaving in awful ways, sales people who treat customers poorly. The digital age makes it easy to collect information.

  • @JP-uu2rw
    @JP-uu2rw Рік тому +4

    Things must be getting better . Lucky has shifted the conversation to giving tips for car buying and away from critical analysis of the car market and the need to hold off

  • @tedjohnson64
    @tedjohnson64 Рік тому +3

    Nice tips! Might want to add to the list: get a pre purchase inspection, if it’s a used car.

  • @whocares0316
    @whocares0316 Рік тому

    First tip is so true....no reason to be rude..just the facts...no hard feelings.

  • @noahestus6830
    @noahestus6830 Рік тому +3

    Tip: don’t let dealer take keys for inspection and if they do stay calm and don’t let it make you feel like you need to buy the new car. Don’t take a car home without knowing it’s just for a loan with no finance paperwork signed because they will see that as taking delivery of the vehicle.

  • @gwillis01
    @gwillis01 Рік тому +1

    Some people just are not in the mood to receive advice even though their actions seem to indicate that they need advice.
    There are some fellow business people that just don't want to be helped, Lucky, even though you want to be a nice and helpful person.

  • @UR13L21
    @UR13L21 Рік тому +8

    Thanks to you and car edge. Y'all are a blessing to people who don't want to get screwed. I've avoided 3 dealerships already by the way they've tried to not negotiate with me. Still looking so here's hoping the next dealership will be willing to work with me.

  • @DJ_JMIZZEL
    @DJ_JMIZZEL Рік тому +11

    This video is gold 🎉🎉 I had the finance dept try to trick me into a warranty stating that I was needed based on my credit score. So I signed it.
    After reading the warranty information I had 30 days to cancel with a full refund. The dealer keep avoiding my calls so I just showed up with the paperwork and said I had an appointment with fiance.
    Tip: I called Toyota "the number on the actual document not the dealership" Toyota walked me through what to say and told me if they say "this" then ask for this specific document.
    Everything worked then after 3 months I went back to my credit union and refinanced my car and cut my apr in half. Since I had a history with 3 months of on time payments.

  • @whocares0316
    @whocares0316 Рік тому +1

    Excellent video Lucky! Even with my experience i will keep this video for reference before i start buying any car. People with less experience should really appreciate what you have provided. Thank You!

  • @deathdog1392
    @deathdog1392 2 місяці тому

    I worked briefly as a car salesman. In that short time i learned one thing that I think we should be more upfront about, Id say almost no one got a "good deal" on their car.

  • @gwillis01
    @gwillis01 Рік тому +2

    It is true that people often buy cars to fulfill their fantasies rather than obtaining basic transportation to get from point A to point B.
    Yes, you should not buy a car that only has enough room for a bachelor, a romantic partner, and one bag of groceries if you are a father with two elementary school age children and. a wife.
    Most people cannot see through the fantasies offered by tv commercials to the boring reality of buying an affordable, sensible car.

  • @user-ib5pu9hm1y
    @user-ib5pu9hm1y 9 місяців тому

    Very good tips. I was a car salesman from 2006-2015. Glad I got out of the business. Now I am looking into buying cars at auctions. I already got 2 salvage cars and exported them. Problem is they take long to sell…

  • @zarghonakhan4450
    @zarghonakhan4450 Рік тому

    i bought a 4 runner from sterling mcCall toyota in houston brand new. my pymt came to $600 a month so i put $4,600 down telling them $600 was my first pymt n $4,000 was my down pymt. the finance guy applied the entire $4,600 as a down pymt n i had to send in another $600 as my 1st month pymt. i never bought another car from that dealer! i hv bought 5 brand new cars since then from different dealerships n i hv become smarter in dealeing w them! learned it the hard way

  • @Thefunone88
    @Thefunone88 Рік тому +1

    Yep sounds about right. I was fortunate enough to work in sales in a small exotic dealership in the bay area. The owner is fantastic and taught me well. We never approached customers with half the bs you see out therr, but people honestly do not do their due diligence, and the ones that did, came in asking to prices cars down to where they found the cheapest car. Always sent them away to look at that cheapest car. If 10 m5s demand 45k and you are showing me a 37k one..go look at 😅.

  • @gwillis01
    @gwillis01 Рік тому +3

    Ancient proverb: Faded ink on paper is stronger than the sharpest memory. Get it in writing

  • @EconomicNinja
    @EconomicNinja Рік тому +3

    Great video!

  • @kerrysum1952
    @kerrysum1952 Рік тому +1

    You are correct about auto insurance in Las Vegas, I just changed my old carrier. I got a much better deal. The agent I had could give shit less about his customers.

  • @Shunpoh
    @Shunpoh Рік тому +4

    I’m in the market for a car. These are awesome tips. Thank you and keep killing it on the videos!

  • @alex1vid
    @alex1vid Рік тому +17

    Kind of a side note... another great point is the contract. I always think it's interesting - if you buy a house or property there's a HUGE contract, lawyers involved. You buy a car there's a contract. With both, people are forced to pay attention. And yet the potentially most costly contract.. people never read the fine print. And that is... marriage. 😉

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +1

      Facts

    • @MT-xl8jy
      @MT-xl8jy Рік тому

      There are exceptions
      Wife read the prenuptial word for word and so did her lawyer. If you have stuff you’re an imbecile if you don’t protect yourself

    • @johnjohnson9135
      @johnjohnson9135 Рік тому

      A M E N!

    • @CeasarBergonia
      @CeasarBergonia Рік тому +1

      Death do us part! And I don't plan on dying any time soon.🤪

  • @gwillis01
    @gwillis01 Рік тому +3

    Hello Lucky. Some people hear too many horror stories from friends about buying cars. They conclude that the only way to not get scammed is to be rude from the start.
    It's all those rude, greedy sales people from decades past that give car sales people a bad name.
    What you are facing is called [ stereotyping ]

  • @gwillis01
    @gwillis01 Рік тому +1

    Buying a car should never be an impulse purchase. Do your research. Line up your preferences, your needs, and the results of your fact finding research so that everything is organized.

  • @scottsayer6012
    @scottsayer6012 Рік тому

    The first tip is great and I try to use in all aspects of life!

  • @NjoyLife_yall
    @NjoyLife_yall Рік тому

    Once again, more consumers are looking at the car/tech company who has vertical integration, and ala carte add ons as you pay a bottom line price. Folks are ditching the traditional legacy dealerships that haggle for negotiation from consumers. BL: Disruptive innovation in car technology relevant to EV shopping and ICE, appears to be on a uprise from fed up consumers. I agree with everything you conveyed. My only constructive criticism, is that everything you said equals valuable and quality time that most folks aren't willing to play in the modern-era. Consumers time, is so valuable today, that even if they do expect a good deal after weeks, or months of negotiations-they still choose the company that has no hassle/haggle deals. This is where company's like Tesla is winning the generational consumers who are tired of haggling. Still, your 10 tips are THE BEST for the consumer AND the dealership. WIN WIN!

  • @chriswilson1968
    @chriswilson1968 Рік тому +1

    The 4.5% rate I got on my 2020 Subaru feels so good right now.

  • @alex1vid
    @alex1vid Рік тому +15

    Good video. I totally agree with having the bank check. But I just hadn't considered getting multiple - I went through my credit Union. Great tip! And huge point on the insurance. It's a different time but a lot of people don't think about the age based charge or surcharges if they were awful drivers.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +2

      Thanks 🙏

    • @joshuadolan3811
      @joshuadolan3811 Рік тому +1

      How about the angle of negotiating a price based on dealer financing only to pay the balance in full the following day…
      Is this a viable way to get a great deal or are pre payment penalties prevalent today?

    • @alex1vid
      @alex1vid Рік тому +4

      @@joshuadolan3811 Something like this happened to me actually when I got a Nissan about 13 years ago. Longer post here. Basically, I had financing from the credit union. But I also did a lot of research & have a family member connected with folks at Nissan so I knew the true vehicle prices and invoices. I get the dealerships need to make money but it was great information to have. So when I went to look at the truck I wanted, it was going to be a trade in. They wanted to push the financing but I told them I was all set and had external financing.
      The reason I did that too was because it was either you get 0% apr at the time or 3k cash-back. So I wanted the cash back regardless of of the vehicle. I was up-front about it. But STILL, the dealer ticked me off because they ran my credit anyway to dangle it again which I again said I'm all set. Also, as it was a trade in, I knew they'd likely low-ball me on my old car. Long story short, they played some games with the vehicle price but I really focused on strictly the vehicle price. Not payments per month or anything because I already had that figured out according to the vehicle cost I knew it should be (range) and credit union loan. So I ended up walking out. Next morning, the GM calls and they agreed to the price I knew the car could be (still a little over invoice). But here's the kicker....
      When I went in to finalize the deal, they STILL insisted on the financing. The finance guy was surprised I had a bank check so somehow they 'forgot' to relay that. It was interesting because with the deal already agreed upon without the dealer financing they had to grant the 3k, so I ended up getting the vehicle further under invoice than I figured possible. But again, I didn't try to hide or bait/switch them. I even had a voucher from Nissan. The whole time they insisted on payment ranges/years but I reminded them on more than 2 occasions I was set with the payment options & wanted to focus on the vehicle price. It was a little weird. It isn't a moral thing too much - I'm honestly a little naive at times too. But I didn't try to hide the financing I already had - just tried to respectfully stay focused on the vehicle pricing.

  • @Nemi51500515
    @Nemi51500515 Рік тому

    On the note of “Don’t be lazy” - here is the thing. I agree with you, but this is what is wrong with buying a car and why people hate the dealer. I have real reservations on the business model of Carvana, but from a consumer perspective,that is the buying experience people want. You are in the industry so the things you are outlining don’t seem excessive, but from anyone outside the industry, the things you need to do to buy a car is just outsized crazy.

  • @jamesbowman1767
    @jamesbowman1767 Рік тому +1

    7- years in the car biz (many as f&i manager) and I can totally agree with this video. However, I would have used Camry vs Chrysler 200 (or the likes) for an example of vehicles that banks frown upon for long loans or even rates and ltv advance (especially in subprime). Lol. I am writing to get ideas from all of you. I have a Sierra 2500HD and a Yukon Denali so I'm covered for everything except these get crap gas mileage and I bought a lake house that I'm going to be moving into full-time soon and my annual mileage is going to jump to 20,000 miles per year or more. I want a smaller pickup, that will get through light snow, that gets 25mpg. No hybrid, no turbos, no eco diesel. And maybe kinda fun to drive. Santa Cruz is turbo, so is Maverick. Tacoma is not very good on gas. Ridgeline is my best idea so far, but hoping for comments from you all. Thank you.

    • @alandbs329
      @alandbs329 Рік тому

      Who wrote this, your missus?! 😂

  • @abrahamg3354
    @abrahamg3354 Рік тому +2

    very informative Mr. Lucky Lopez. Can you tell us more what a "wee o" is?
    I've probably have been screwed and I don't even know it yet lol

    • @gwillis01
      @gwillis01 Рік тому +3

      What Lucky was trying to say. is WE OWE. Get the dealer to make a formal, written promise on a WE OWE form. It lists what the dealer promises to do after the sale is closed.

    • @abrahamg3354
      @abrahamg3354 Рік тому +1

      @@gwillis01 LOLOLOL I really called it a wee o but thanks Mr. Willis.

  • @El_Soldado_619
    @El_Soldado_619 Рік тому +4

    Appreciate the content! Before you head to Portland, pack your bullet-proof vest brother. Safe travels.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +1

      Wooooo

    • @flamingspinach
      @flamingspinach Рік тому

      lol, Portland is not as dangerous as people think from watching all the sensationalized news stories. Lucky will be fine.

    • @itwasntme208
      @itwasntme208 Рік тому +1

      Nah I was just there for a month. Downtown can be sketchy just like other big cities but there are some really awesome places 5-10 minutes away. Plus, I’m pretty sure the proud boys left so you only have to wear the front side

  • @PassportBrosBusinessClass
    @PassportBrosBusinessClass Рік тому +3

    HIGH INTEREST RATES ARE FORCING PEOPLE TO LIVE WITHIN THEIR MEANS.

  • @MarkM-xd2zo
    @MarkM-xd2zo Рік тому +2

    Great info, as usual. Thank you Lucky for the insight; we appreciate you very much. :)

  • @512productions3
    @512productions3 Рік тому

    Found a great deal on a used car and went down to the dealership. Come to find out, after dealer fees and the price rising because I didn't want to finance in house it cost more than a brand new one with 0 miles.

  • @_steamstreamgaming_7685
    @_steamstreamgaming_7685 Рік тому

    Using this video to get a vehicle now I will be back to give my results 😊

  • @chipbarfield62
    @chipbarfield62 Рік тому

    It would be great if you would do a video on people that pay cash for cars no matter how expensive they are. That would be so awesome. Thank you

  • @EuropeAfricaTrip
    @EuropeAfricaTrip Рік тому +2

    All of these are great suggestions - but you are leaving out the Test Drive. This is especially important for Used Cars.
    Can you explain how this gets factored into the list of things to that you talked about?

  • @LuisGonzalez-oy3ku
    @LuisGonzalez-oy3ku Рік тому +7

    I would add a seemingly no brainer tip, NEVER EVER (unless you're mechanically astute and/or have body shop experience) buy a used vehicle without first getting it thoroughly inspected by a trusted mechanic/shop! Never take the dealer/seller's word that the vehicle is "clean", even if it's a CPO unit. Always assume they're lying, embellishing or exaggerating the vehicle's actual condition, until you're able to verify otherwise independently. Speaking here from personal experience, most dealers and private sellers have a Ph.D in Bullshit!! Caveat Emptor.

    • @dol3980
      @dol3980 Рік тому

      wud u buy a used car from lucki lopes??

    • @LuisGonzalez-oy3ku
      @LuisGonzalez-oy3ku Рік тому +3

      @@dol3980 I wouldn't buy a used car from ANYONE without first getting it thoroughly inspected by a trusted mechanic. Always assume the seller, be it dealer or private party, is either unscrupulous, aka a liar, or ignorant of the actual condition of the vehicle. Period, Zero Exceptions! Your pocketbook will thank you, and you won't get screwed. If any seller refuses to allow a pre-purchase inspection, I know I'm almost certainly dealing with a scumbag and I walk.

    • @LuisGonzalez-oy3ku
      @LuisGonzalez-oy3ku Рік тому +2

      @@dol3980 Not if he disallowed for the pre- purchase inspection. Ask yourself, what the hell is the seller trying to hide by denying you the inspection? Assume they're either lying or ignorant of the actual condition of the vehicle, that way you avoid getting screwed over!

    • @dol3980
      @dol3980 Рік тому +1

      @@LuisGonzalez-oy3ku Luis: Thanx for the intelligent reply as this is rare on UA-cam who believe in every charlatan/phony that has a channel and 90% r in it only for the money as lucky probabbly makes more from UA-cam royalties then selling used cars.. Methinks Lucki Lopes is no different and I wud never buy a car or truk from him (not that he is a bad guy) BUT( he can foldup his op tomorrow and no one will notice. The Chrysler dealer in my town has been around for 50 years and has mechanics I meet at the hockey rink and donated to a fund raiser I just attended yesterday. Is a dealer worth more then a fly by niter: Methinks so but the whiners here believe in gettin everything of value for nothin. Dismiss their BS and tell them to get a real job and not look for handouts..

    • @ladye2818
      @ladye2818 Рік тому

      How do you ask a dealership to just allow a mechanic to come by to inspect the car you want?

  • @rottmany
    @rottmany Рік тому

    One time i went to this Honda dealer to get my first lease. the salesman put me in a accord 2014 used and told me to take it home. I took it back to my job and realized this is not what i was looking for. Left my job when back to the dealership and told them to take their car back and get me into a lease. Thank god I did cuz if not I would’ve been w that car today.

  • @brianchudzik7829
    @brianchudzik7829 Рік тому

    Common sense? So often today thought of as an out of style type of thinking. Your advise is spot on and well given. Keep it up, please!

  • @klohr311
    @klohr311 Рік тому

    just recently purchase a car and tip 1 didn't matter to the sales guy. try to be nice and had nice conversation and when it came down to the price negotiation we hit a wall. He didn't want to work with me on a price I offer and even when he showed me a list of vehicle price of the same model and same setup and I try to go little lower he wouldn't budge.

  • @MidWestErb
    @MidWestErb Рік тому +4

    Progressive raised my insurance too. Almost $1200 for the year. I didn't buy another car or have a claim.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +3

      Crazy. They suck now

    • @jedclampett7705
      @jedclampett7705 Рік тому +3

      @@LuckyLopez777 They’ve always sucked if you are a low risk customer. That is HIGH risk company for HIGH risk people.

    • @MT-xl8jy
      @MT-xl8jy Рік тому +3

      Gotta pay Flo. Lmao

    • @MidWestErb
      @MidWestErb Рік тому

      @Jed Clampett 20+ years ago they were the cheapest around and stayed that way up until 2023. Car insurance here in Michigan is outrageous. Idk about where you're at. But around here we gotta few places like L.A insurance and Wilkinson's. They sell 30 day policies so people can get registration renewed. Idk the price, but I'm sure they make a good living lol.

    • @jedclampett7705
      @jedclampett7705 Рік тому +1

      @@MidWestErb East Coast, mid-Atlantic. Guess the locale matters. In the past have had two different auto insurance brokers and both had “Good customer policies” and “Wrecks/liabilities waiting to happen.” Progressive was named both times as HIGH risk folks get these written. Currently, Erie insured. Solid.

  • @mohammedkhan6120
    @mohammedkhan6120 Рік тому

    Lucky: thanks for an extremely useful video with clarity for step by step procurement and pitfalls to avoid. Knowing and following the rules of engagement is the key....

  • @Crashedprotocol
    @Crashedprotocol Рік тому +7

    Thanks Lucky, i get laughed at for looking at cars out of state. But there are more great deals and im working on it now.
    What are your recommendations for out of state tax and registering the car at my home state?

    • @LuckyLopez777
      @LuckyLopez777  Рік тому

      Me too lol

    • @MT-xl8jy
      @MT-xl8jy Рік тому +2

      When u register your car at home you pay the tax

  • @gwillis01
    @gwillis01 Рік тому +1

    I Googled the distance between Las Vegas and Portland Oregon. It's about 980 miles. That's lots of hours of driving.

    • @thevanman4498
      @thevanman4498 Рік тому +1

      Not bad if you save a lot of money, like Lucky says “ people are lazy “!

    • @j.l.salayao8055
      @j.l.salayao8055 Рік тому +1

      I'll walk there just to save 14k....lol.

  • @barjer54
    @barjer54 Рік тому +2

    My SO was car shopping a number of years ago with his 40+ son. Their deal was son would sell dad his car and he would buy a used truck. Dad left to get financing on son's car and *warned son not to sign anything until he got back*. Son didn't listen and when dad got back, found son had a signed sales agreement that included a $4K extended warranty! WTF was he thinking?? Long story short, son let his truck get repo'd less than 2-yrs later and got sued for over $10K.

  • @toddsmith1617
    @toddsmith1617 Рік тому

    I went to two dealers today. One Honda and one Toyota and both told me you have to order one and wait 5 weeks or more. I wanted a base model.

  • @dwainmcarthur2565
    @dwainmcarthur2565 Рік тому +3

    I purchased my last vehicle in Dallas and drove it back home to Connecticut. I had originally put $ down on a vehicle in New York, but the dealership failed to deliver vehicle after several months. When I asked for a refund, they stalled so I contacted the State Attorneys Office and received my refund same day. My point, do take crap from dealerships and don't be afraid to travel to get what you want.

  • @Johnny-bm7ry
    @Johnny-bm7ry Рік тому +2

    I smashed the like button and destroyed my mouse in the process.

  • @josephkelleher8820
    @josephkelleher8820 Рік тому +1

    On a new the I think it would be easier to get an out the door price in writing. On a used car to me the most important thing is to have the car checked out by your mechanic. NOT the dealerships mechanic.

  • @Velben
    @Velben Рік тому +1

    I needed this because I'm getting ready to go in the lions den...lolol

  • @67Mannheim
    @67Mannheim Рік тому

    Thanks for this. I'm about to call 2 or 3 dealerships tomorrow.

  • @LR_Tate
    @LR_Tate Рік тому +3

    Lucky🔥🔥 you are lit asf must collaborate with ray Brandon and Zach again

  • @lengthao9784
    @lengthao9784 Рік тому

    Yes, do read it I got screwed before.

  • @EconomicNinja
    @EconomicNinja Рік тому +1

    Can't wait for my 911 gt3

  • @josephweiss2271
    @josephweiss2271 Рік тому +17

    Doc fees are getting outrageous. I always insist on them being waived or reduced.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +2

      Good point

    • @PizzaCologne3
      @PizzaCologne3 Рік тому

      I've seen paper documents being charged from $100 to 500 bucks that is kind of ridiculous for a piece of paper.

    • @Grendelsbane
      @Grendelsbane Рік тому +11

      Doc fee in FL for a car I was looking at was $1198.00

    • @MT-xl8jy
      @MT-xl8jy Рік тому +1

      The grand in Florida is the norm
      Never paid it
      That’s why out the door is best

    • @economiccrisis9267
      @economiccrisis9267 Рік тому +1

      ​@@Grendelsbane there are doc fees at Toyota dealerships here in NJ for $799

  • @c-LAW
    @c-LAW Рік тому

    I haven't bought a car from a dealer since 1993. IT's been since 1997 since paplying for an auto loan.

  • @dez7726
    @dez7726 Рік тому

    Registration fees in CA is another thing to look at. Wish there was a way around CA purchase price of vehicle. They include the value of accessories and leased equipment. I try and buy base models with anything I cannot add after. That purchase price hurts in the long run on registration fees. I still pay $115 on my '06 Toyota that's just Reg fee total is $230. Which I add up as cost to own per year to either keep fixing which is rarely needs or get a new one cause it's shinny. CA makes it difficult to buy a new car.

  • @broderickmaxwell9501
    @broderickmaxwell9501 Рік тому

    Excellent Information. Great job! I appreciate you and your videos. Always very helpful. THANK YOU!!!💫

  • @MrNavidad
    @MrNavidad Рік тому

    Appreciate the tips man, I was looking for a truck here in Vegas, might expand the search just to see if i find a better deal

  • @billnasburg1361
    @billnasburg1361 Рік тому +2

    You are so correct. There is no reason for anyone to disrespect another person. People need to think about treating a guy or gal that may be able to do you a favor in negotiating on a car you might be interested in

  • @richardbeckmann6720
    @richardbeckmann6720 9 місяців тому

    Will you ever consider doing a video on hybrid cars and giving your opinion about them?

  • @whocares0316
    @whocares0316 Рік тому

    Not sure i have seen ANY video on car buying that comes close to this one in its practical value for buyers!

  • @flashoflight8160
    @flashoflight8160 Рік тому

    California insurers could not increase rates until last month due to the worldwide health event. The market was messed up due to lack of competition and now the rates for existing policyholders will go up a lot with no accidents and tickets.

  • @andersonandrew112
    @andersonandrew112 Рік тому

    I've never purchased from dealers because generally they know what they have and arent going to give a vehicle away cheap. Buying privately I've picked up vehicles 7-13k under book value.

  • @VGKDean
    @VGKDean Рік тому

    The first tip applies everywhere

  • @timmywa
    @timmywa Рік тому +3

    Advice on reserving a new car, I’m on the list for an Acura integra type s. I’ve put a $1,000 deposit down. Sales guy promised no ADM. it’s in a text. How will it look when I go to make that deal? The deposit will go toward the purchase. Just want to be aware if any tricks or issues I might see. So far the dealership and salesman have seemed very straight up. But I’ve never bought a car like this.

    • @LuckyLopez777
      @LuckyLopez777  Рік тому +2

      Ok 👍

    • @BigEd1001
      @BigEd1001 Рік тому

      What's the lead time on the vehicle? Turnover is high among salesmen and no guarantee that the dealer will honor that if the salesman has moved on.

    • @hollowpoint372
      @hollowpoint372 Рік тому +4

      I’ve watched a few car buying videos and one common thing is to always get it in writing. If you have a text that says they won’t charge ADM take the text to the sales manager, have him put it in writing, and sign it. There’s a term for the document you’re supposed to ask for, but I can’t remember what it’s called.

    • @economiccrisis9267
      @economiccrisis9267 Рік тому

      ​@@hollowpoint372 what is ADM?

    • @economiccrisis9267
      @economiccrisis9267 Рік тому

      I did the same thing

  • @M5_Sonu
    @M5_Sonu Рік тому

    I usually don't comment, but damn... Amazing video!! 👌

  • @unfairsanic5089
    @unfairsanic5089 Рік тому

    Very educational video, ive been looking for a mustang gt pp1 rn and i live your tip to look for 5-10 cars so i got options, im trying to finance a car as well

    • @dol3980
      @dol3980 Рік тому

      Get a real job like the Hispanics (open borders in USA) who work as plumbers, Hvac techs, framers, etc and drive real trucks that cost 100K +.

    • @unfairsanic5089
      @unfairsanic5089 Рік тому

      @@dol3980 no thank you, i work in a medical field, thats a real job than all you referred jobs to me 😂 and sports cars/muscle cars are better than trucks they cant turn just to save themselves on a corner

  • @tazzeltazzel2925
    @tazzeltazzel2925 Рік тому

    Salesman never go to bat for anyone but themselves

  • @locosmiley2008
    @locosmiley2008 Рік тому +1

    Thank you for the video but damn this makes you wanna cancel any trip to dealerships for real. Battle from start to finish. This process needs to change and dealerships need to be be made obsolete

  • @633ohioc
    @633ohioc Рік тому

    Wow this is great....I'm 41 years old and all this sounds like a foreign language to me.

  • @WayApp
    @WayApp Рік тому

    Thank you for sharing such valuable advice.

  • @WorldMoneyWins
    @WorldMoneyWins Рік тому

    Economic Ninja sent me. :-)
    Great job!! Subscribed.

  • @tomzambeck5422
    @tomzambeck5422 Рік тому

    Saw you on Economic Ninja, Great videos

  • @travwayfar
    @travwayfar Рік тому

    Nuance Nuance Nuance. You are the best. Thank you so much!

  • @sakaj
    @sakaj Рік тому +1

    Why wouldn’t you ask for the Car Fax up front instead of waiting right before you buy @ step 9?I want to see that WELL BEFORE and not until I am sitting at table getting ready to sign documents. That’s counterintuitive 🧐🧐

  • @justacinnamonbun8658
    @justacinnamonbun8658 Рік тому +8

    At my age, after being married for 20 years, you come to realize there's no car in the world as exciting as the day you file for divorce.

    • @GracelessTarnished
      @GracelessTarnished Рік тому +4

      Geez. Sorry buddy.

    • @itwasntme208
      @itwasntme208 Рік тому +3

      Wow, That is a brutal sentiment. Sorry to hear that but a wise man once said “no good marriage ends in divorce”, so congratulations!!

  • @ltcmoose2001
    @ltcmoose2001 Рік тому

    This is why Carmax is still in business. You walk in and you know you are going to over pay for the vehicle. You know they are going to try to sell you extended service plans and try to get you to take their financing. But at least you know.

  • @davidholmes9643
    @davidholmes9643 Рік тому

    In the UK and Europe EVs are the most expensive to insure and prices for insurance is going up better get a quote before you buy you may shocked.

  • @danbaldor1038
    @danbaldor1038 Рік тому

    Do you have any tips on how to buy a car out of state (ie how to make sure the car is in good shape - prior to flying down to see it).

  • @roberttaylor-smith8853
    @roberttaylor-smith8853 Рік тому

    Excellent presentation. Thank you.

  • @Slayvoff
    @Slayvoff Рік тому +1

    I'm looking at 570s's and am looking private only because don't want to pay the sales tax so really narrows down the options to a few sadly

    • @stevenyia2778
      @stevenyia2778 Рік тому

      HENRY lifestyle inflation at its finest 👌

  • @mpac418
    @mpac418 Рік тому

    Thank you for this video. I'm going to buy a car soon. I had it built 8 months ago and will be getting it for sticker. It was just shipped. Also have 70 percent of it as a down payment. Just looking for the best lender..