Significant Life Crossroads...

[PICK3]

used car salesman are the most stigmatized people in the sales world.

I sold used cars back when Mitch was crapping an off shade of yellow/green



just sayin'

 

[SPEKTOR-AAA]

We used to put $99/mo on the window of Mercedes and shit. You could get it for that if you put down $40k in cash (years ago)

That totally reminds me of leasing. 299/mo 4999 due at signing for 3 years. 10k miles per year on vehicle. 18k due at end of lease to buy out the vehicle. haha TRIPPIN

 

[miplank]

Trips me out that people will pay that kind of interest for a vehicle.

It's that, or walk.


Those people that pay that rate are paying it through no fault of their own. They fucked their credit up and now they're paying the price because no real lender will touch them w/a 10' pole. They're a HUGE credit risk and are the type of people that will stop paying their car note as soon as it breaks down. I don't have the stats in front of me, but the majority of "in house" financing ends up being repo'd. The other shitty part of it is that people that pay we'll just say the state max interest rate also pay way more than the cars worth...Often 200% more.

The way it works is the dealer gets like $1000 down (has 1000-1200) in the car and then will just plan on collecting the payments as they make them and when they stop they yank the car and sell it again. Wash rinse and repeat.

And since BHPH doesn't report to credit bureaus the customer will walk from the car and go to the next BHPH dealer and do it all over again.

 

[SPEKTOR-AAA]

Oh forsure bro your right.

Im simply saying they are retarded. Save up 1500-2000 bucks, go around to the tow yards and pick up a decent lien vehicle. Use the payments you would normally be making on the dealers car and work on fixing that bunk as credit. haha.

 

[calveless wonder]

It's that, or walk.


Those people that pay that rate are paying it through no fault of their own. They fucked their credit up and now they're paying the price because no real lender will touch them w/a 10' pole. They're a HUGE credit risk and are the type of people that will stop paying their car note as soon as it breaks down. I don't have the stats in front of me, but the majority of "in house" financing ends up being repo'd. The other shitty part of it is that people that pay we'll just say the state max interest rate also pay way more than the cars worth...Often 200% more.

The way it works is the dealer gets like $1000 down (has 1000-1200) in the car and then will just plan on collecting the payments as they make them and when they stop they yank the car and sell it again. Wash rinse and repeat.

And since BHPH doesn't report to credit bureaus the customer will walk from the car and go to the next BHPH dealer and do it all over again.

lol, i wonder why they'd do that

 

[digimon7068]

what's the maximum rate then?

regardless

used car salesman are the most stigmatized people in the sales world.

tell that to my heroin salesman

 

[miplank]

I miss jon79, he'd at least cuss me out, get all pissed off and start slamming doors.

lol@cw not addressing you

 

[calveless wonder]

tell that to my heroin salesman

numbing the pain of your arthritis?

 

[puddlemonkey]

hijack complete

 

[digimon7068]

numbing the pain of your arthritis?

think that might work??