A structured document that serves as a starting point for communication with a car dealership, outlining the prospective buyer’s offer, desired terms, and expectations. For example, it might specify the vehicle of interest, preferred price, trade-in value (if applicable), and any finance or warranty considerations. This pre-drafted communication allows for efficient and organized presentation of purchasing intent.
The usefulness stems from providing a documented record of initial offers and counteroffers, enabling buyers to maintain control of the process. Advantages include improved clarity, a reduced likelihood of misunderstandings, and the potential to secure better deal terms. Historically, direct phone calls or in-person negotiation were standard; this approach provides a written alternative.
