HOW DEALERS ARE USING CPO CARS (Certified Pre-Owned) TO BOOST PROFITS! The Homework Guy Kevin Hunter

CARS THAT ARE CPO's... ARE THEY BETTER? ONE THING IS CERTAIN. THEY BOOST DEALER PROFITS.
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The Homework Guy team presents these chapters about Certified Pre-Owned Cars
0:00 Kevin Hunter and The Amazing Elizabeth present what are Certified Pre-Owned Cars
0:32 THG Team does NOT support CPO Cars
0:47 Extended Warranties are added to Certified Pre-owned Cars and cost car buyers more money
1:01 Car Dealers want car buyers to come back to their service department
1:21 Car Dealers applies warranty coverage for engine, transmission, axles, Car inspection
1:50 Car Dealers make about $3,500 more money on each used CPO Car but ACV isn't any better for the customers
2:25 Certified Pre-Owned Car Customers also tend to buy extra warranties in Finance Office
2:52 Dealer added warranties have worse coverage and protection than REAL Manufacturer warranties
3:20 Example of CPO Car that wasn't worth the extra cost
4:06 IF car dealers cared about world class customer service, warranties would work. They don't
4:56 Car dealers push Certified Pre-Owned cars to make more profit and money, not to help customers

For more than 40 years, dealerships have EARNED their bad reputations by being the masters of predatory selling. They stalk victims relentlessly, often ruthlessly treating the most vulnerable car buyers (like seniors, for example) with little or no conscience. Car Dealers and their Finance Officers have no problem creating financial devastation for their customers with over bloated car loans, and often do. While the business has had record setting profits, Dealers never stop telling Car Buyers “We’re losing money!” That’s the bed Car Dealers custom built for themselves. We point out the traps and the flaws of the process, and help car buyers get by all the nonsense without being ripped off. We promote fairness, honesty, and transparency, and we’d love to see a few dealers join our mission!

The Homework Guy Team provides car buying consumers with information, automotive news and updates, industry outlook, buying and selling advice, and other help to level the tables. The public face of THG is Kevin Hunter and the master negotiator, Elizabeth. Tons of time and research goes into every show, planning for weeks, several projects always on the table, all with the goal of getting it exactly right. From Automotive News Updates to vehicle shopping advice and assistance, The Homework Guy Team is the best there is.

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