Avoid These Car Dealer Paperwork Scams 2024 Price Drops!

Car buying in 2024 is seeing a shift from the seller's market to a buyer's market. Consumer advocate CarBuyingTips.com CEO Jeff Ostroff shows you recent car market intelligence and pricing trends to help you make smart money decisions on buying your next car as 2024 is shaping up to be a buyer's market once again. You'll also learn how to read the closing papers at the car dealer to spot any scams, and the many different junk fees and rip-offs that car salesmen add to your paperwork.

Read all our free online consumer buying guides for new cars, used cars, leasing, and financing at https://www.carbuyingtips.com

As mentioned in this video, read the full article online "How to buy a used Mercedes or any used car and save 56%": https://www.carbuyingtips.com/article...

Here we warn car buyers about the scams such as Gap Insurance, and determining how much you should pay for gap insurance and avoiding dealer scams. You'll also learn about LoJack and Recovr, and see dealer scams exposed on these added items. Dealer prep fees and electronic filing fees are also discussed to help you avoid these new car and used car dealer scams.

00:00 Car buyer's market pricing trends
1:05 Why car prices rose 30% recently
4:32 2024 Car prices might be dropping
6:05 Electric vehicles like Tesla are plummeting in price
7:50 Example 1 of successful car purchase what car dealer paperwork should be
9:35 Example 2 of successful car purchase car dealer paperwork
10:20 Bad car deal paperwork loaded with car dealer scams
11:15 Gap insurance scams at car dealership
15:30 How to get out of gap insurance
17:10 Car dealer maintenance plans scams
19:47 Recovr and LoJack dealer add on scams
22:34 Dealer prep scam fee
23:00 Electronic registration filing fee scams at car dealers
23:40 Some car dealers only charge a small electronic filing fee