The Washington herald., 1920-03-28
MYRIAD WAYS
OF BUYINGCAR
One Dealer in Midwest
Took Chickens as Part
First Payment,

In a midwest city, the writer
stopped In to have a chat with a
dealer in a lew-priced car, and on
the way into the salesroom noticed
ten crates of chickens. Inquiring
of the dealer the reason for his
entry into the poultry business the
enitghtening Information was volun-
teered that the chickens represent
ed first payment on a new car which
a farmer had purchased. This deal
er is like thousands throughout the
country. who will take money or
anything that can be converted into
ready money, as payment on a car.
We have not quite returned to the
primitive days of bartering. but it
certainly helps the owner of goods
whom he can effect a quick exchange.
Many prospective buyers are un-
der the impression that they have
to have the full purchase price OF
the automobile. Quite true that.
many dealers operate on this ba-
sis. particularly now when orders
are many and cars few, but even
now the majority allow a certain
freedom in sales. This applies in
large cities as well as small towns.
One may purchase an automobile in
many ways IL all cash Is not read
lily available. ..r.
Many Dealers Take Notes.
A great many dealers are able TO
finance the buyer, accepting one
third or one-half the list price in
cash. and taking notes for the re-
mainder. These notes are to be
paid off in instruments. usually
monthly, but the total time allowed
Is usually not more THAN twelve
months. In cases where the dealer
Is very friendly other ARRANGEMENTS
can be made. In case of this kind
the dealer requires that the car be
properly insured and he holds the
insurance so that in case of acci-
dent or fire he Will not lose on the
deal
Many dealers will not handle a
le OF this kind, but instead of do
ing business with the purchaser di-
rect will deal with financing COM
pany. In the larger cities concerns
of this kind make a business OF
financing automobile buyers and
even men who want to become
dealers
These concerns buy the car out
right from the dealer. paying him
the full list price in cash. plus
freight and taxes. The financing
company then requires you to pay
down a certain amount in cash.
while the remainder is paid in tn
staIments and interest charges be-
ing asked. Sometimes ,fiXed sum
is asked in excess OF the cost OF the
vehicle.
The company, like the dealer pre-
viously mentioned, holds the insur-
ance for protection. Concerns of
this kind usually accept collateral
of any kind. lien on your property
in the cities. In the farming dis
tricts it might he possible to get
them to accept part of a coming
crop. because il is possible for them
to get insurance on the crop. You,
of course. would be required to pay
the insurance premium, so as to
protect the company against any
loss.
should Consider Upkcep.
In buying a car. whether new or
old. YOU should consider the upk eep,
because il the upkeep Is great you
are at once confronted with "A dou-
bic problcm--that of paying off on
the car and paying to keep 1t run
ming. You will no doubt find in the
medium priced field that about
three -Gourths OF the cars are as
sembIed cars, made up OF engine,
clutch, transmission, aSles, etc,
which are made by parts makers.
The car manufacturer only puts the
parts together. Your depreciation
will be lower and the possibility of
mechanical trouble avbided IL you
select known units made by we'll
known concerns.
You perhaps have heard of such
names as Continental for engines.
Brown-Lipc for transmissions, BorI
* Beck for clutches, Timken for
axles, and so on. These concerns
are leaders in their respective fields.
1t Is usual, at least ii is, in the case
of Continental. to sell units only to
concern that submits its plans so
the parts maker will know what
kind of car is going to use their
units. In this way a manufacturer
protects himself against the possi-
bility Of car manufacturer buying
a good engine and cheap transmits
sion units, using the engine max err $
name as feature to sell the car.
The reputable maker of parts sees
to it that his parts are coupled with
parts worthy of association.
Familiarity with the names of
reputable concerns is essential. One
may call the automobile editor of a
newspaper and get the information,
or he may get the names OF all cars
and the makes of units they use to
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