People know about auto dealerships, but most don’t know what auto brokers are or how they can benefit the buyers of cars and trucks. Automobile brokers are hired to locate, negotiate, and purchase a vehicle on behalf of their clients due to their track record of finding better prices than shoppers are able to get on their own.
In many cases, auto brokers have special relationships with car dealerships or manufacturers that allow them to source and get preferred pricing on vehicles. This means they can be a good option for people who don’t have the time or knowledge to purchase a car by themselves.
Can An Automobile Broker Save You Money?
Whether or not a car broker can save you money depends on a variety of factors, but very often the answer is yes. Many auto brokers are former car salespeople or dealership managers who know the ins and outs of the industry and can often get the lowest possible price out of a dealership. They understand exactly how much money the dealership will make from manufacturer rebates, extras, warranties, etc.
You can negotiate with the dealership yourself, but you might be missing out on some potentially big cost savings. The level of expertise you need to get the best price is definitely not knowledge or a skill that you can learn in a weekend.
Can An Automobile Broker Save You Time?
This is where a car broker will be most useful. Finding the perfect vehicle and negotiating a lower price all takes time, especially for customized vehicles. If you want to avoid all the hassle, an automobile broker is the best option. On average, a car buyer spends anywhere between 15 to 20 hours researching online, comparing makes, models, test driving, and looking at financing – sometimes more depending on how particular you are. If you want to save that time, then an auto broker is an automatic yes.
An Auto Broker Isn’t Tied To Any One Dealership
One way an auto broker can help you is they are not tied to one dealership, manufacturer, or financial institution. This freedom allows an auto broker to shop around to get you the best deal on a particular vehicle. When it comes to organizing finance, dealerships can only access the financial institution they have brokered a deal with, usually a large bank. This will often limit the chances of getting the best possible lending terms. Brokers have access to a wide range of financial institutions and lenders so they can look around to find the best deals available for you.
An Auto Broker Can Help Source Vehicles
If the consumer is looking for a very specialized vehicle that is not in high demand, an automobile broker can help source it. Often consumers hire an automobile broker who can buy cars from dealerships that are far away, sometimes in other countries and can help transport the car to where it needs to go. These vehicles usually have additional taxes or duties and an automobile broker can help their client navigate these issues, saving them money in the process.
If you are looking to take save yourself time and money, give us a call at Noble Car Buyers. As Victoria’s top car buyers, we help you find the car you’re looking for.