My dealersships are off in revenue ! Whos elses industry is suffering?

[ortiz34]

I do most of my work in the auto industry, it was sucking for the last year before the recent collapse but I'm in IT and we're the first they cut out.

That's rather odd

 

[mrplunkey]

Banks just don't trust people at this point. I can't blame them. Trying to place money right now into responsible hands would really suck.

 

[binö]

i've never had more money in my life then right now.
tempted to buy a house, fug i could put close to 35% down.
more work than i can shake a stick at right now...i wanna get laid off for a few months in the winter to fug around but i dunno if that's gonna be possible

 

[mrplunkey]

i've never had more money in my life then right now.
tempted to buy a house, fug i could put close to 35% down.
more work than i can shake a stick at right now...i wanna get laid off for a few months in the winter to fug around but i dunno if that's gonna be possible

I wonder if you could assume the mortgage on a bailout-eligible home then use the new legislation to renegotiate the principal and interest into a sweet deal.

 

[Arabian]

Banks just don't trust people at this point. I can't blame them. Trying to place money right now into responsible hands would really suck.

The auto industry is different in the respect that as long as your credit score is 620 we can get most anyone approved however we also have secondary lending where the client is high risk and it can vary from 4 to 15 points above prime..

 

[Arabian]

i've never had more money in my life then right now.
tempted to buy a house, fug i could put close to 35% down.
more work than i can shake a stick at right now...i wanna get laid off for a few months in the winter to fug around but i dunno if that's gonna be possible

What do you do>?

 

[mrplunkey]

The auto industry is different in the respect that as long as your credit score is 620 we can get most anyone approved however we also have secondary lending where the client is high risk and it can vary from 4 to 15 points above prime..

Wow! Do they just build the financing gap into the price of the car?

I learned something. Thanks for the knowledge.

 

[ortiz34]

i've never had more money in my life then right now.
tempted to buy a house, fug i could put close to 35% down.
more work than i can shake a stick at right now...i wanna get laid off for a few months in the winter to fug around but i dunno if that's gonna be possible

take it while it's there, save, by a house, keep it modest.

My friend joined the carpenters union in Boston ten years ago and was the same way, bought a house, lot's of chest thumping big "I'm a Union guy HO-HO-HO, I got money Ho-Ho-Ho"

Now they hardly have any work
everything cycles

 

[binö]

take it while it's there, save, by a house, keep it modest.

My friend joined the carpenters union in Boston ten years ago and was the same way, bought a house, lot's of chest thumping big "I'm a Union guy HO-HO-HO, I got money Ho-Ho-Ho"

Now they hardly have any work
everything cycles

paramedics/firefighters/cops don't have this type of thing happen as much so.
always gonna be a need, always.
can't have illegals policing the streets or putting out fires, pretty solid profession i stumbled upon

 

[Smurfy]

I dont own them, Im the CFO .....

gotcha