Is using a car broker a good idea?
Much of a car broker's results depend on the type of deal they're brokering, but in most cases they can save you money on a new car purchase – frequently measured in the thousands of dollars. They can also work out deals that save money on accessories, options or add-ons which are indirect savings to a buyer.
What is the difference between a car dealer and a broker?
What's The Difference? A Dealer is the car company that owns the cars they are making available for lease and purchase. A Broker is an impartial “middleman” who works for the buyer to find the best deal available on a vehicle that the buyer wants.
What is the point of a car broker?
The goal of auto brokers is to help customers get the vehicle they want for a great price. In some situations, brokers will even sacrifice the dealer-paid brokerage fee to help clients get the best price. Sometimes the auto broker may receive compensation from the dealer and customer.
What does it mean to buy a car through a broker?
Quite simply, an auto broker manages the process of buying a car on behalf of a customer. This includes finding the desired vehicle, negotiating the price, delivering the final paperwork, and securing financing. An auto broker's job is to help the customer save time and money in the car buying process.