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If
You Know Their
Rules
...
You Can Play Their Games
dealership
are going to do their best to "take" them in one
way or another. On the other hand, many salespeople in the
dealership assume that customers are going to try to "beat
them up" on price and lie about anything from the number
of places they've shopped to the condition of their trade-in.
The trouble with assumptions is that they are just that: assumptions.
Left untested by facts, they can make a negotiation very difficult
for both parties.
Step 2. Fact- Finding Information Gathering
Good negotiators always make an effort to get all their facts
before the negotiation. In the car business this means that
you should research the vehicle you want to buy, determine
the real cost of that vehicle, know the actual wholesale value
of your trade-in, and shop for the best financing.
This
process begins before you walk into a showroom and continues
throughout the sales encounter.
On the dealership side, good salespeople begin by knowing
their product thoroughly-obviously before the customer walks
in. Once in front of the customer, good salespeople conduct
their fact-finding and research by asking questions, listening,
and observing. Their objective is to learn as much about the
customer's needs, wants, and purchase ability as possible.
Step 3. Confrontation
Once the sales process begins to focus on price, the lines
are drawn and the issue becomes: your money and how much of
it you're willing to pay in exchange for the desired car.
There are two possible outcomes to the confrontation phase:
1. You do not come to an agreement on price and leave.
2. You come to an agreement and buy the car, van, or truck.
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