Car Buying Mistakes (Do NOT Sign) Kevin Hunter, The Homework Guy скачать в хорошем качестве

Car Buying Mistakes (Do NOT Sign) Kevin Hunter, The Homework Guy

Car Buyers MUST know which documents they do not sign when buying a car from a dealership. Car Dealers use scams in their car contracts and paperwork routintely, and Kevin Hunter The Homework Guy is here to give you the top 5 to avoid. Car dealerships use every piece of paper to extract more cash from you, manipulate your financing, or protect themselves from legal trouble if they do something unethical to rip you off. If you’re not careful, you could end up: Paying for add-ons you didn’t agree to Giving up your right to sue them Getting stuck in a bad financing deal Signing away valuable consumer protections Now that you know WHY they do it, let’s talk about what NOT to sign when buying a car. SUBSCRIBE ON YOUTUBE    / kevinhunter​   #Car​ #dealership #TheHomeworkGuy​ ​ THE BEST CAR BUYING ADVICE YOU CAN FIND is published by The Homework Guy Team (THG)! We’re the team of Auto Experts, Finance Gurus, and Car Pricing Strategists that well over 45 Million Car Buyers have come to know and trust. VISIT OUR WEBSITE: https://thehomeworkguy.com WANT TO LEAVE A TIP FOR THE HOMEWORK GUY TEAM? https://www.paypal.me/consumeradvice or https://cash.app/$TheHomeworkGuy WE THANK YOU IN ADVANCE! WE APPRECIATE YOU SUPPORTING OUR MISSION! JOIN US ON OTHER SOCIAL MEDIA! Facebook:   / thehomeworkguy   Twitter:   / thehomeworkguyz   HASSLE FREE CAR BUYING SERVICE Available now! Click here to get started: https://thehomeworkguy.com/thg-team-c... 1. The "Arbitration Agreement" – Don't Sign Away Your Rights! Again… Watch out for The "Arbitration Agreement" – DO NOT Sign Away Your Rights! The Arbitration Agreement is first on the list because it’s a very huge deal, and more and more dealers are pulling this stunt. Why? Because when they get sued, they almost ALWAYS lose the lawsuit, and they lose BIG! The Arbitration Agreement might be tucked away deep in the paperwork, often disguised under legal jargon. 2. The "Additional Add-Ons Agreement" – Extra Expenses You Never Approved This is one of the dirtiest tricks in the book. What It Is: A document that sneaks in expensive, unnecessary extras, like: Extended warranties Paint protection VIN etching Gap insurance Pre-paid maintenance plans Why Dealers Want It: These add-ons have huge profit margins, sometimes 500% or more! They inflate your loan amount, meaning more interest for them and the lender. Most buyers don’t even realize they signed up for these! 3. The "We Owe" Form – A One-Way Street to Nowhere What It Is: This document states that the dealership owes you nothing after you leave, even if they made verbal promises to fix something or include extras. Why Dealers Want It: Eliminates their obligation to fulfill ANY promises that might have been made during the negotiation process. If they owe you a repair, a second key, floor mats, or anything else, signing this means they can completely ignore it, and they most definitely will! Many buyers don’t realize what they’ve signed until it’s too late. The "Spot Delivery Agreement" – A Scam to Change Your Loan Terms Later What It Is: A temporary financing agreement that allows you to take the car home before financing is officially approved. The dealer calls later to say, "Your loan didn’t go through, you need to come back and re-sign at a higher rate." Why Dealers Want It: Locks you emotionally into the car. Forces you to agree to worse loan terms later (a trick called "Yo-Yo Financing"). If you refuse to sign new terms, they threaten to repo the car and keep your down payment. 5. The "Credit Application Authorization" – Even If You’re Paying Cash! What It Is: A document that gives the dealer permission to run a credit check on you, even if you’re paying in full with cash. Why Dealers Want It: They sell your personal data to lenders, insurance companies, and marketing firms. Some will fake financing numbers to earn kickbacks from banks. If they run multiple credit checks, it can lower your credit score unnecessarily. 🚨 Key Takeaways: ✅ Decline Arbitration Agreements – Keep your right to sue. ✅ Reject Dealer Add-Ons – If you didn’t ask for it, don’t pay for it! ✅ Avoid the "We Owe" Scam – Get written proof of what’s promised. ✅ Say NO to Spot Delivery Traps – Wait for final loan approval. ✅ Protect Your Credit – Don’t authorize credit checks unless absolutely necessary. If a dealer pressures you, walk away. The best tool you have is your ability to say NO. If you don’t think you can do either thing very well, or you just want to avoid the headache all together, hire us to do totally hassle free! The details are on our website thehomeworkguy.com