If you have followed this blog, you know that I am a die-hard believer in the power of having a good attorney on your side. Not just for emergencies, but for everyday issues-like haggling. Haggling is simply a form of negotiation or bargaining. Haggling can save you a lot of money especially on big ticket items.
Let’s say that you are looking at purchasing a car. You go into the dealership and pick out a car, it may be new or used but either way once you pick out that car you have a few decisions to make like how much you want to spend, the payments you are prepared to make and the options and upgrades that you would like. This is also the point where many people jump into the age old custom of haggling.
Lets say it is a used car. There’s a catch phrase going around right now “Show me the Carfax.” Carfax provides a report on the history of the car in question. Has it been in an accident, maintenance history, mileage and the like. A Carfax report can reveal bargaining points to a potential buyer or warn a buyer not to purchase the car at all. The Carfax gives you the information you need to make an informed decision.
Now suppose you have an attorney available to you to help you with the next step, the contract. The attorney can do for that purchase contract what a Carfax does for the vehicle itself. The attorney review can point out bargaining points for you in the contract. Things like balloon payments and warranty issues. Or maybe promises made by the salesperson verbally that are not covered. For instance the salesperson offers you free oil changes for a year verbally but that verbal agreement is not included in your contract.
Having an attorney to review that contract can reveal things like this. With LegalShield, document and contract review is included in your membership so when you do decide to purchase a new car, new home or other big ticket item; your attorney will review that document for you. Your attorney will point out the hidden surprises and explain to you exactly what it is that you are about to sign.