Does it make sense to use a car broker?
In the end, most consumers can save hundreds if not thousands of dollars by hiring a professional to broker the purchase of their next car. But beyond the dollars, you’re also saving hours of hassle in avoiding the traditional walk-up or even an Internet-based dealership experience.
What is the meaning of car broker?
An auto broker is simply an endorsement to a retail vehicle dealer’s license. They specialize as an auto buying service locating vehicles for customers according to their parameters and specifications of the vehicle the customer is looking to buy.
How does an auto broker make money?
A car broker generally collects fees from the dealer, which the car buyer ends up paying indirectly. A car broker is someone who gets paid by both a buyers and a dealership to help facilitate a vehicle purchase. Generally a car broker needs to have a dealer’s license and does not exclusively represent the buyer.