Buy and Sell
Hidden Schemes in Buy and Sell
Words by: Kevin Llanera
Once we start selling our vehicles either to upgrade for a new vehicle or just sell our vehicle we often see or someone calls and give the price immediately without seeing the vehicle first.
My experience
I'm selling this SUV of mine one day and here comes the buyer.We ask first on the phone if he is a direct buyer and said yes I'm a direct buyer.When he went to see the vehicle he has an agent but denies he has an agent and a buy and sell but from what I am seeing the other is really an agent disguising as the driver.The agent and the so called buyer goes and look at the vehicle.The agent kepts on commenting like this and like that at the end of the day the price he mentioned is lower that I'm selling the vehicle so low you can buy a 2nd hand vios already.
When we decided to this buy and sell the price he wanted.I heard from the buy and sell "He will just rewind that odometer".
The agent disguising as the driver said to us "If someone text you don't say it is already sold" which from what I understand.This is a centralized buy and sell business.
How they buy it and sell it again
This is some of my observations and feedbacks I've gotten from other people
How they buy it from you
Once they see a for sale vehicle the agent will take a look at it first.Then immediately contact his financer to see if he will like the vehicle.The financer and his agent will go and negotiate the price to make it lower.He will even say to you that this is now the price of your vehicle.He will even lower the price further if he sees something wrong or even a small dent or accident of the vehicle. Once you have decided to their price they will get it and this is what will they do to the vehicle.
Rewind the odometer - We often ask this if the odometer has been rewind but little do we know in a slightly used vehicle like a hot car they still rewind it just to gain more money from it.
Washover the vehicle or detail it - they do this just to make the vehicle presentable.
Hide it as much as possible - they hide the problems of the vehicle as much as possible like hiding major accidents, rust underneath those washover paint so once you buy it you will see it sooner than you think,suspension problems,leaks in the engine and other things you will see just to say to you it is a well maintained vehicle.
Agent - they will sell it the same way they buy a vehicle.If they have a place for for sale vehicles they will sell it there. Their agent has a comission on every vehicle they have found or have sold.
My advice
If you are getting a vehicle here are some of my tips to you.
Better check it thoroughly inside and out - Sometimes they do present it way too clean and you have to check it thoroughly because they might hide something in it like if their is a problem in the engine or rust.
Test drive it - This is to know if there is a problem in the suspension or had a major accident.
Request for lifting the vehicle - This is to see if there is some leak or
Have a mechanic - This is to show how serious you are and how many problems the engine is.
Tag a long a friend - It is better if you tag a long a friend especially if he knows a specific car.
It is better post your vehicle in different forums with the plate number and photos of your sold vehicle to avoid those people rewinding the odometer to protect also people from buying it and being cheated as well.We know it is a business for some people but sometimes we never realize we are already cheating a person/s.People who are selling their own vehicles even put that it is for direct buyers only which we have to follow and respect it no matter what.
Hidden Schemes in Buy and Sell
Words by: Kevin Llanera
Once we start selling our vehicles either to upgrade for a new vehicle or just sell our vehicle we often see or someone calls and give the price immediately without seeing the vehicle first.
My experience
I'm selling this SUV of mine one day and here comes the buyer.We ask first on the phone if he is a direct buyer and said yes I'm a direct buyer.When he went to see the vehicle he has an agent but denies he has an agent and a buy and sell but from what I am seeing the other is really an agent disguising as the driver.The agent and the so called buyer goes and look at the vehicle.The agent kepts on commenting like this and like that at the end of the day the price he mentioned is lower that I'm selling the vehicle so low you can buy a 2nd hand vios already.
When we decided to this buy and sell the price he wanted.I heard from the buy and sell "He will just rewind that odometer".
The agent disguising as the driver said to us "If someone text you don't say it is already sold" which from what I understand.This is a centralized buy and sell business.
How they buy it and sell it again
This is some of my observations and feedbacks I've gotten from other people
How they buy it from you
Once they see a for sale vehicle the agent will take a look at it first.Then immediately contact his financer to see if he will like the vehicle.The financer and his agent will go and negotiate the price to make it lower.He will even say to you that this is now the price of your vehicle.He will even lower the price further if he sees something wrong or even a small dent or accident of the vehicle. Once you have decided to their price they will get it and this is what will they do to the vehicle.
Rewind the odometer - We often ask this if the odometer has been rewind but little do we know in a slightly used vehicle like a hot car they still rewind it just to gain more money from it.
Washover the vehicle or detail it - they do this just to make the vehicle presentable.
Hide it as much as possible - they hide the problems of the vehicle as much as possible like hiding major accidents, rust underneath those washover paint so once you buy it you will see it sooner than you think,suspension problems,leaks in the engine and other things you will see just to say to you it is a well maintained vehicle.
Agent - they will sell it the same way they buy a vehicle.If they have a place for for sale vehicles they will sell it there. Their agent has a comission on every vehicle they have found or have sold.
My advice
If you are getting a vehicle here are some of my tips to you.
Better check it thoroughly inside and out - Sometimes they do present it way too clean and you have to check it thoroughly because they might hide something in it like if their is a problem in the engine or rust.
Test drive it - This is to know if there is a problem in the suspension or had a major accident.
Request for lifting the vehicle - This is to see if there is some leak or
Have a mechanic - This is to show how serious you are and how many problems the engine is.
Tag a long a friend - It is better if you tag a long a friend especially if he knows a specific car.
It is better post your vehicle in different forums with the plate number and photos of your sold vehicle to avoid those people rewinding the odometer to protect also people from buying it and being cheated as well.We know it is a business for some people but sometimes we never realize we are already cheating a person/s.People who are selling their own vehicles even put that it is for direct buyers only which we have to follow and respect it no matter what.
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