How Car Dealerships Rip You Off (The Truth)

In this video I explain exactly how car dealerships rip you off. A lot of car dealerships implement the four square method, which is just a simple way to make you think that you're getting a deal.

Car dealerships are a very sophisticated network of stores that know how to separate you from your money. Not all dealerships rip you off, but the ones that use the four square method do.

Don't get ripped off on your next car purchase and watch this video until the end.

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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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  • @a3300000 says:

    Never walk into a dealership unless you’re willing to walk out.

  • @whatsyourdealbruh says:

    I walked into a dealership and told the sales guy that I was “going to buy a car today”. When we couldn’t reach a deal and I started to leave he said “I thought you said you were buying a car today.” My reply was “I didn’t say I was going to buy it here.”

  • @sfbrown69 says:

    The more you shop for a car, the more you like what you’re already driving.

  • @jashton8710 says:

    None of the dealerships I dealt with used the 4 square method….they used the all-the-numbers-mixed-up-in-a-single-column-so-I-couldn’t-tell-what-was-going-on method. Equally effective.

  • @flossbee says:

    Nothing beats the relief and sense of empowerment when you have a well functioning vehicle with no car payment!

    • @ZeiGgyzeigthekingart says:

      Thoroughly agreed!

    • @isaacleedrums says:

      I would say a paid for home would rival that.

    • @tayloranderson456 says:

      I’d take good health over that any day!

    • @helamana says:

      Walked in in September, test drive 2017 Beamer…1 hour later drove out … paid in full. The guy who dealt with us tried his very best to push tire maintenance, while car service for 2 years etc etc etc…altogether would have added $3 Grand to the price we bought the car…with taxes and everything, we walked out $1,400 more with taxes and registration and whatever else!!!! They were mad

    • @HeyItsAvi90 says:

      I was sooooo happy i got declined buying a 2019 Honda accord for 26k because i just moved to the US and had 640 credit score with 6 months credit history. Now im driving a 2014 fully functional toyota corolla LE i bought and haggled for 6.5k from this guy with clean title and single owner.

  • @jseden says:

    My grandfather always said “no one is doing you a favor by taking your money”

  • @samg5543 says:

    You forgot to tell everyone to never trade-in a car. Sell it yourself and make a lot more money.

  • @Intentionally-4u says:

    You just described every car buying experience I ever had. “My manager is in a good mood today.” 😂

  • @cranehead48 says:

    As soon as a salesman says,”I’m gonna be honest with you”, RED FLAG!!!

    • @peterking2651 says:

      Said every guy ”I won’t come in your mouth” (yeah I know about the spelling)

    • @ryanw.975 says:

      the signal salesman start lying

    • @keithjohnson4420 says:

      I always say that though and I don’t lie to my customers so should I change my whole vocabulary cause someone else screwed over a guy?

    • @cahivx says:

      Haha that implies you’re not always honest?

    • @keithjohnson4420 says:

      Charles Hummer I am ? Like I really do try to help my customers out. I drive an hour to get to my job and love working there. It’s way better than being a factory supervisor like I was before. I think it depends whether your going to a big dealership or an independent dealership.

  • @Diosa468 says:

    “My manager is in a good mood, he’s a great guy” HAHAHAHAHAHAHAHA YES!!! THEY DO SAY THAT!!! thanks for the honesty!

    • @MrMbc2013 says:

      When they say my managers in a good mood, we as the customer should interrupt and say does that mean I’ll be getting the car for free.

  • @joethebar1 says:

    My daughter learned the hard way a few weeks ago. I went with her and was not nice to anyone at the dealership, I knew she wasn’t getting a great deal but she didn’t care- she was happy enough.
    Fast forward a week- we were waxing her car and she popped the trunk, only to find some lug nuts in a package. She asked” what are these?” “ they’re the factory lug nuts; the dealer took them off and replaced them with locking ones.” I said “ remember those fees I was bitching about? The ones you said I was being unreasonable about? The dealer charged you $495 dollars for those… you could have bought them for $30 and did it yourself.” Point made. Mic drop. Suddenly, I’m a genius

  • @ragnarflorida says:

    Thank you. Every young person should watch this. I filed a lawsuit against a car dealer, he threatened me and had me followed. I posted it online, 9 other women came forward. A nightmare.

  • @petepyeatt6909 says:

    This dude is dropping all the secrets in the car selling trade.

  • @DaljitSingh says:

    Thanks Marko, we always did the things you mentioned but not in such detail. Thank you, we know it takes lots of time in making and editing these videos, appreciate your free knowledge.

  • @GratefulPrimate says:

    Thank you for this, it was helpful.
    But I REALLY hate these stupid negotiating games we have to endure just to get a vehicle, mainly just to go back and forth to our jobs.

  • @cdsilvermoon9140 says:

    I love how he called me an idiot and I smiled.

  • @JohnWick-yk3eg says:

    I’ve been an auto mechanic for over 20 years. Many of the problems I see daily could have easily been avoided by simply following the vehicles maintenance schedule. I use a program on my computer called Automotive Wolf car care software to keep track of all the maintenance for my 3 cars, a truck and even a generator. It automatically can send you text message reminders when any type of service is due. Two of my vehicles have over 200,000 miles and have never needed any repairs. Want to save money? Follow your maintenance schedule!

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