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Why do auto dealers ask to see your credit card during negotiations?

May 29, 2007 by nuvs | Posted in Buying & Selling

My wife and I recently purchased a new car from a reputable dealer. We had gone to two different dealers to negotiate, and ending up purchasing at the second dealer.

During negotiations, we were surprised that our sales rep at *both* dealers

I have been in the automotive business for 15 years, and served in every aspect of the dealership. I can tell you that this is a method to test your seriousness in the vehicle that you are purchasing. This is an old method based on logic. If a customer

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