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Auto Brokers vs. Auto Dealers

Many consumers think or feel that if they buy a new vehicle from an auto broker they get their best deal, well…Not necessarily true. The Auto Broker will mark up the cost and charge it to the consumer, mark up the rate or money factor (if a lease), or charge a “Broker Fee”. The broker fee is the only fee that must be shown on the contract; all other fees can be hidden within the deal itself (payment etc…). Now, an auto broker can save you the time of searching and negotiating with the Dealer, but at a cost…
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