How To

How to Work With a Used Car Broker

Contributor
By eHow Contributing Writer
(4 Ratings)

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

Difficulty: Easy
Instructions

Things You'll Need:

  • Kelley Blue Book
  • Consumer Reports
  • Consumer Reports
  • Car Insurance
  • Car Loans
  • Cars
  • Credit Cards And Loans
  • Used-car Quote Requests
  • Kelley Blue Book
  • Consumer Reports
  1. Step 1

    Contact several brokers. Brokers are agents who search for a car for you, negotiate and help set up financing.

  2. Step 2

    Describe the type of car you want. Be specific. Include a budget.

  3. Step 3

    Ask about fees and brokerage charges, if any.

  4. Step 4

    Move on to another broker if asked to pay anything up front.

  5. Step 5

    When you've found a broker who listens carefully to your specifications, go to his or her office and review any paperwork.

  6. Step 6

    Wait.

  7. Step 7

    Test-drive the car when the broker finds one.

  8. Step 8

    Decide if you want the car, inform the broker and, with the broker, take part in negotiating the purchase price.

  9. Step 9

    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.

Comments  

Flag This Comment

on 8/12/2009 I agree. I used a broker to buy my convertible and the funny thing is his name was Pat too, with nohassleautosale.com He saved me closed to $8,000 so excuse me if I'm blowing this guys whistle but I believe in giving credit where it's due.

I have just gotten fed up with being taken advantage of. I hope everyone out there understands there are people on our side now in the car buying process and I suggest you take advantage.

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