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If you are planning to lease or purchase a new car, truck or SUV with in
the next few months then Lease Patrol is for you. Lets face it, the
car buying process is perhaps one of the most expensive and least enjoyable
things you can do with your time. In fact, if you have ever bought or leased
a new car or truck you know that three hours at a car dealership can equal
or exceed three hours in the dentist chair. Consider the following facts:
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Dealers sell hundreds of cars and trucks every year so they get a lot of
practice at the art of selling. On the other hand, the average consumer purchases
or leases a car or truck every three to five years.
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Dealers know the average consumer only has about three to four hours of
discretionary time each week in which to shop for a car and they will do
everything they can to keep you at the dealership for those three to four
hours.
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Dealers make a profit on every aspect of the transaction, including your
trade-in, the financing, and any other options they can sell you. On some
items like extended warrantees the dealer will make a profit of as much as
1000%!
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Dealers know the average consumer does not know how to perform the calculations
involved in calculating a monthly lease and/or purchase payment leaving the
consumer in a dangerously vulnerable position.
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Though the average consumer may know the invoice price of the car they are
buying or leasing, dealers know most consumers are totally ignorant of the
dealers true cost and profit margin.
Given the above facts, it should come as no surprise that there is probably
no other place where the average consumer is at greater disadvantage than
at a car dealership. Thanks to Lease Patrol all of that is about to change.
Well, that is all about to change thanks to Lease Patrol.
What is Lease Patrol?
Lease Patrol is a new car transaction evaluator. In other words, when
you enter the figures from the dealer's current offer into our lease
worksheet, and not only will Lease Patrol calculate the figures for
you it will also tell you what it thinks about the dealer's offer. Thus
you have have a truly independent and objective second opinion about the
dealer's offer.
For example, if you look at the example worksheet below you will notice that
the rating gauge for the purchase payment is giving a low reading this means
there is something wrong with the financing and you are not getting a good
deal on the financing. Therefore you are not getting a good deal because
we believe that if you didn't get a good deal in every aspect of the transaction,
then you didn't get a good deal.
Though the ratings gauges are a useful feature, we don't stop here because
we also provide an auditor to go over the worksheet line by line and tell
what amounts you should be paying for a given item in the worksheet. For
example, the above audit report found the problem that caused the low reading
on the purchase payment gauge in the lease worksheet, namely the interest
rate is to high. And there is more, we also provide a feature that
gives you an approximation of the dealer's profit margin. But don't
take our word for it put Lease Patrol on the case and see what it can do
for you.
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Copyright © 1997, 2003 Mike Williams. All rights reserved.
Lease Patrol and the Lease Patrol Logo are trade marks of Mike Williams.
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