How to Work With a Used Car Broker

By eHow Cars Editor

Rate: (2 Ratings)

Used car brokers save time and frustration, but you lose some control over your search.

Instructions

Difficulty: Easy

Things You’ll Need:

  • Kelley Blue Book
  • Consumer Reports
  • Car Insurance
  • Car Loans
  • Cars
  • Credit Cards And Loans
  • Used-car Quote Requests

Step1
Contact several brokers. Brokers are agents who search for a car for you, negotiate and help set up financing.
Step2
Describe the type of car you want. Be specific. Include a budget.
Step3
Ask about fees and brokerage charges, if any.
Step4
Move on to another broker if asked to pay anything up front.
Step5
When you've found a broker who listens carefully to your specifications, go to his or her office and review any paperwork.
Step6
Wait.
Step7
Test-drive the car when the broker finds one.
Step8
Decide if you want the car, inform the broker and, with the broker, take part in negotiating the purchase price.
Step9
Pay any fee and drive off in your car.

Tips & Warnings

  • Many brokers are paid by the car dealership, not by the buyer. While this is cheaper, it also means the broker works for the seller, not for you.
  • Try not to pay any money to the broker up front. It may be a scam.

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eHow Article:  How to Work With a Used Car Broker

eHow Cars Editor

eHow Cars Editor

Category: Cars

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