Adealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. once the customer has agreed to buy the car, the terms of the sale are shifted, by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. now the car costs well above the current market rate. this is an example of the procedure.

The answer is low ball procedure

Explanation:

A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. once the customer has agreed to buy the car, the terms of the sale are shifted, by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. now the car costs well above the current market rate. this is an example of the Low ball procedure.

The low-ball is an influence and selling method where a product or service is offered at a lower cost than is really expected to be charged, after which the cost is raised to expand benefits. Moreover, it is utilized in deals situations to induce clients to buy items, and in different circumstances as a consistence picking up methodology.

answer; communities of interest; i believe this is correct, plz check first good luck;