Quoting Payments

A vehicle is often the second most expensive purchase Americans make, second only to their home. Many Americans enter a car dealership knowing what they can afford on a monthly basis to purchase a vehicle. In response, some dealers quote payments early in the sales process to help customers determine which vehicles are within their price range based on the payment amount they can afford. Quoting payments happens every day in a dealership. In this lesson, you will learn to avoid legal problems by quoting payments in an honest, consistent, and reasonable manner.