Letting the Cat Out of the Bag

Letting the Cat Out of the Bag

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The Long-Hidden Truth About The New-Car BusinessIn the mid-1990s, in response to the sudden easy access to dealer invoice prices when the Internet arrived, the auto industry launched a secret program to a€œredesigna€ the automaker-dealer financial relationship from the ground up, a process that has continued ever since.This game-changing fact was deeply buried until 2012, when James Bragg, the country's leading automotive consumer advocate/activist, a€œcracked the codea€ and unearthed the truth.He describes that discovery process and shows how the total reconstruction of the invoice-retail price relationship has (a) turned the long-held consumer perception of a€œdealer costa€ into absolute fiction, (b) radically transformed the nature of dealer cash incentives and (c) outdated the core assumption behind all the a€œtarget pricea€ negotiating advice on the Internet. He then tells you how to apply that knowledge when you're car shopping. Letting The Cat Out Of The Bag lets all the hot air out of the a€œboomfoga€ of information and advice you're finding elsewhere. It will change forever the way you approach the process of buying or leasing a new car.This game-changing fact was deeply buried until 2012, when James Bragg, the countrya#39;s leading automotive consumer advocate/activist, aquot;cracked the codeaquot; and unearthed the truth.


Title:Letting the Cat Out of the Bag
Author: James Bragg
Publisher:CreateSpace - 2014-03-26
ISBN-13:

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