Does anyone see any value in this service?

[automotiveconsult]

I have been in the automobile industry for a very long time and I have hated every minute of it. I want to start a small consulting business on the internet teaching people how to get the absolute best price on a purchase or lease of a new or pre owned vehicle.

I was on the phone inquiring about a refinance in my mortgage and he asked me what I did for a living, he mentioned he was buying a car. He told me his strategy for saving money. I gave him some pointers and he said he had never thought of that.

I guess I take for granted all that I know and feel that consumers know the same. But I have found even with all of the articles floating on the internet and the web boards, nothing is like the knowledge I have and it could save hundreds and even thousands.

Any thoughts would be appreciated.

Thank you.

[72' Stang 351 H/O]

You just might have the beginning's of a good service there,hell you could become so big, people would know your name like a household cleaner.

[monkeylizard]

It could be useful if used, but unfortunately there is so much garbage on the 'net about how to save money, anyone with any sense assumes it's a scam. Send me $19.95 and I'll show YOU how to save THOUSANDS! It just screams "Con" to me. Even if your tips work, I'd have a hard time gambling my $19.95 on it.

Examples:
http://cgi.ebay.com/The-Insiders-Gui...QQcmdZViewItem

http://cgi.ebay.com/THE-INSIDERS-GUI...QQcmdZViewItem

[Andydg]

Agreed^^^ There are a lot of scams out there and people are so wairy (sp?) of them now that they can't even tell when something's legit. There was a site posted here not too long ago from a retired car salesman giving away all of their "secrets" and tricks of the trade so the consumer could tell and it was free.

What you could do is setup your own site and post as much info as you can and as your site gets more and more traffic some places might pay for ad. space, but other than that I just don't see you making much in the way of money off of it.

[JustJCarr73]

do you ecall what that insider auto sales website was?

[BrianTozer]

There's no scam to what automotiveconsult wants to do. The bigger scam is what you'll pay at the dealership if you are not educated about the ins and outs of car buying. Everyday people who have never sold cars have no clue about all the ways the dealers are taking their money.

I know exactly what automotiveconsult is talking about when he started this thread. Customers are getting ripped off at every turn, and believe me, with the right car buying advice, they could save thousands. There really is no scam at all.

Here are some things to consider:
1) Most customers don't realize that the invoice price does not always represent the price the dealer paid. A dealer could sell a car at invoice and still make a $2,000 profit on the deal because it received a $2,000 rebate from the manufacturer.
2) Even if this is not the case, most customers don't know that they're being overcharged in the finance office. Let's say that the finance officer offers you a loan at 9% APR, it's likely that he found a rate 2% to 5% lower and marked it up to 9%. This type of markup can costs a couple thousand dollars in the interest that you will pay on your loan. The dealer considers this profit on the financing.
3) In many cases, customers do not receive the cash rebates that are advertised in the media. If you don't mention the $3,000 rebate on the TV commercial, you might not get it. For a salesman earning 20% commission on the gross profit, this is an extra $600 into his pocket.
4) Dealers mark up car warranties almost 60%. They also make you get your warranty work done at the dealership. Customers who buy warranties the smart way save up to 60% and have the freedom to take their car to any certified mechanic.
5) Customers waste money on the extras the Finance Manager sells them. For example, I've seen customers spend $500 on window etching. The do-it-yourself kit costs $20. The same goes for fabric protection, rust protection and those types of things.
6) Dealers use a common method for tricking people into raising their own bids anywhere from $1,500 to $1,800 without realizing it.
7) Dealers routinely cheat people out of hundreds of dollars on their trade-in value.

Honestly, when I sold cars, I was disgusted with the ways good people were routinely ripped off -- and like automotiveconsult, I hated it too. Recently, I spent two months writing and promoting a 162-page e-book on how to save thousands at the dealership and I assure you there is no scam to it. I'm not sure if i can leave a link to it here, but if you want to see it bad enough, just click on my name and you can find it in my profile.

Try selling cars and within days, you will see some of this stuff for yourself. Unfortunately, for most people, they never learn the truths about car buying and suffer for it when they make their monthly car payments.

I think automotiveconsult should go for it. Get going, put your business on autopilot and feel good about helping others rather than ripping them off.