COFFEE + KILOWATTS #13: CAR BUYING TIPS & WHAT NEXT FOR DEALERS? (WITH SPECIAL GUEST GEOFF CUDD)

EV Channels Review

This episode of Coffee + Kilowatts features an insightful interview with Geoff Cudd, founder of FindTheBestCarPrice.com, offering practical advice for car buyers. Cudd emphasizes a systematic approach to negotiating car prices, advocating for online negotiation and leveraging dealer competition to secure the best deal, ideally under invoice price. He highlights common dealership tactics, such as focusing on monthly payments, and advises consumers to concentrate on the total out-the-door price rather than getting bogged down in individual fees. The discussion also touches upon the evolving role of dealerships in the age of EVs, predicting a shift towards more online transactions while retaining a physical presence for test drives and service. Cudd's core message is to empower consumers with information, thereby reducing stress and improving the car buying experience.