My Grade 6 teacher Ms West would fail anyone who began an essay with the following kind of statement: “According to the Encyclopaedia Britannica supply-demand is defined as….”. Since I’m no longer in Grade 6, Ms. West is long retired, and it’s almost 2011, I can safely begin my blog post with the following statement: Wikipedia has a good article on Supply-Demand
Quite often we see dealers offer something called a dealer trade. This is a situation where the dealer doesn’t have the car in stock but can get it on trade from another car dealer. I wanted to use this blog post to provide a little more insight into how dealer trades work and what a CarWoo! buyer should be aware of when accepting an offer on a dealer trade. This is not an article about Trade In’s (i.e you have a car you want to trade in for cash). That’s a topic for another blog post.
Recently we’ve been seeing a lot of trends around gender and ethnicity. For instance there are women who have a male friend or significant other manage their entire negotiation with a dealer, and others that sign up with a man’ s name. We also have buyers with non-English names like (Thanh or Younyi) sign up with traditional English names like John and Henry. This behavior isn’t atypical – there is a very real perception that car dealers price their product differently based Continue reading
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Warren Buffett Continue reading
Let us never negotiate out of fear, but let us never fear to negotiate. John F. Kennedy, 1961
Our users often ask us what’s the best way to counter-offer on CarWoo! What you’ll find below are some things to do as well as keep in mind when you’re making counter offers on CarWoo! Continue reading