An auto broker may purchase a vehicle for you, then mark up the vehicle. They might even buy the vehicle at auction. Car buying brokers can locate a vehicle and help negotiate a purchase, but they will often purchase your trade in and sell it for profit.
Sometimes they will work with specific dealerships who pay them a commission. The broker will work with the dealership who offers the best commission. Typically, negotiations are on the sale price but not the finance options for the buyer.
With pay being distributed on both ends of the deal, by the dealership AND the consumer, this of course creates a conflict of interest. Brokers are unable to work in a fiduciary capacity for the consumer when paid by both sides.
For example, Your Car Buying Advocate, founded by Mike Rumple, a former car salesman, who was sick of the conflict of interest set out to provide a consumer advocate experience like no other.
Car buying agents and services like YCBA alleviate the conflict of interest because compensation is not accepted from anyone other than the consumer. This allows a true advocate for the car buying consumer which is a big differentiator.
In fact, you can find YCBA listed as a number one car buying service in 2021 on CarEdge.com. Working in a fiduciary capacity allows us to never waiver on our principles of loyalty, trust and obligation to serve our clients with all of the information they need to make an informed car buying decision.
There is a very specific reason we call ourselves advocates and car buying agents.
We speak on behalf of and represent our clients. We bring comfort to the car buying process. With our knowledge of the car buying process and auto industry we negotiate FOR the client.
This is an exploding concept in the auto industry and has been a long time coming need. Consumers need experts to help them make informed car buying decisions. We provide the security and safety that is rarely present during car deals. We solely work and advocate for consumers which is revolutionizing the car buying experience. Auto brokers may be helpful in some scenarios, but if you need an advocate, you’ll want to find a trusted car buying concierge service aka (car buying agent).
To help more and more consumers, we are creating a network of car buying agents that can work independently and on behalf of the consumer. If you’re looking for an expert to help you in your car buying process or you’re an expert looking to help a consumer, slip us a note so we can connect.
Watch this short video to find out why working with Your Car Buying Advocate makes all the sense in the world.
As a professional car negotiator and car buying expert, I didn’t hesitate to Go LIVE on Facebook with Emmy Award Winning – Consumer Reporter, Amy Davis at KPRC- Click-2-Houston to answer consumer car-buying questions like this common one: How To Beat The Car Salesman.
I’ll take you down a decision-making process to help you determine whether to trade in or whether to try to sell a car private party.
Knowing how to find a car invoice price or the exact MSRP of a vehicle is helpful in doing a vehicle search. In this short video, Mike walks you through finding a dealer cost, or invoice price, using NADA. Knowing this information makes it easier to do a more targeted vehicle search and for negotiating.
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This Post Has 3 Comments
Hi: It is Veteran Day so you may not be available. I have down loaded your free E book so should I read that 1st and then try to buy or talk with you first. I am really feeling doubtful about everything at this point because I have been researching so long. finally the interests rates are where I want them, however the car I want is still expensive.
Hi Hannah, I am working today. Thanks for downloading the ebook. If you’d like to discuss your goals with me first we can chat. I have availability today. Feel free to set up a strategy call and I’ll call you. 🙂
https://calendly.com/yourcarbuyingadvocate/strategycall?month=2019-11&date=2019-11-11
-Mike
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