People always feel like they are getting a good deal of buying a car.
Sadly, after bringing their new car home and doing a little more research, some people find out they’ve been charged way more than the car is worth. But even though it’s upsetting to find out you got a bad deal, unfortunately, there’s nothing you can do. Charging “too much” isn’t illegal.
As consumer protection attorney and R&T contributor Steve Lehto points out in his latest podcast, the responsibility is entirely on the consumer to make sure they’re paying a fair price. The salesman’s job is simply to make as much money as possible.
And while it may sound obvious, the moral of the story here is that you need to do all the necessary research before buying a car, not after. Once you’ve signed the paperwork, even a lawyer can’t help you.