A few common misconceptions when buying a car

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Dean Gerber is a CA (SA) who works at VAT IT.
Dean Gerber is a CA (SA) who works at VAT IT.

Cape Town – Car sales people are clever; before they offer you a deal on a car, they first have to understand a few things about you. Dean Gerber explains how they sell you a car based on this.

Gerber writes:

I often find myself trying to figure out how some people can afford their lifestyles. I’ll compare what I assume their income to be with an estimate of their expenses based on the cars they drive and the house they live in. Most of the time I have to conclude that they either inherited a lot of money, or that they’re living far beyond their means.

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