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Significant Life Crossroads...
- Thread starter calveless wonder
- Start date
so the debt consolidation business didn't pan out?
calveless wonder
New member
Who are you talking to? I was never involved in that
Strongbow
New member
I mean to not include SB and Plank in this bidness is like bidness suicide. Just take this thread for example of our executive skillz. This thread for 7 pages was shit, in the matter of two days we have made it totally awesome. Turning shit into gold nugga, it's what we do.
Google one for me. You're good at that.
I got dick for days nugga
Lolol
digimon7068
New member
my mistake
puddleelephant???
digimon7068
New member
that post was from 2005 and puddz remembered it...fuck...i dont remember what i had for breakfast this morning...that sumbitch is hoarding useless shit in his head too...just like he does with all his collectibles that are cluttering up his closets/attic/basement/livingroom/belfrey/etc.
digimon7068
New member
you're drinking the koolaid too, eh??
Strongbow
New member
Oh no bro I drink no EG kool aid. Mitch is the only person here I trust.
digimon7068
New member
not tr00...you know for a fact you could give me the keys to anything you own and leave for a week and you'd come back to find a shiny ride with a full tank of gas...i'm just that kinda guy.
digimon7068
New member
spelling isn't a big deal in your shiny trailer park, yes?
last post was 2006, but I may have posted the link for reference as I remember riding cw like a rented pony in that thread.
yeah, I think so. This was a year or two ago. I think we were making fun of nev and cw for predatory lending and ruining the economy.
fact
calveless wonder
New member
lol @ a used car salesman making fun of someone for predatory lending.
30% interest rates don't exist in the mortgage world. they do at the used car lot
Not in CO they don't, and even if they did that would be on a BHPH lot which is for people who can't get 3rd party financing and the dealer is the lien holder...Which isn't what I do.
Nice try though
Since we cleared that up you can respond to monkey now.
calveless wonder
New member
what's the maximum rate then?
regardless
used car salesman are the most stigmatized people in the sales world.
Max rate in CO is 21%, but again that is 'Buy Here, Pay Here" Dealerships.
The average rate I contract at is probably about 7%...Sometimes as low as 2.9% and the high end being 12%
I'm not sure where you get your facts, and that was probably true 20 years ago but things aren't that way anymore. Even if you wanted to be shady you'd never get away with it w/technology.
SPEKTOR-AAA
New member
Trips me out that people will pay that kind of interest for a vehicle.
I miss jon79, he'd at least cuss me out, get all pissed off and start slamming doors.
PICK3
New member
I sold used cars back when Mitch was crapping an off shade of yellow/green
just sayin'
SPEKTOR-AAA
New member
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
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
New member
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.
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
New member
lol, i wonder why they'd do that
digimon7068
New member
lol@cw not addressing you
calveless wonder
New member
tell that to my heroin salesman
numbing the pain of your arthritis?
hijack complete 
digimon7068
New member
cuz they're fucking bums.
Quick example..I had a guy on my lot wanting a cheap car to get to work cuz he just filed BK. He was driving a new loaded out tahoe. I asked him waht was going one with that and he said he was waiting for wells fargo to come pick it up.
I told him that I had a buyer looking for exactly that and if he'd like me to try and sell it so he could avoid a repo on his credit (he tried keeping the tahoe out of the bk and then couldn't afford it) he said sure.
He brings the tahoe down to me completely stripped. They took the floor mats, nav dvd, 3rd row seat, owners manual, and put different wheels and tires on it (tires were shot)
I get the tahoe sold, but the customer refuses to buy it w/o new tires. I call the guy and tell him. He says i'm not putting any more money into it and I say look..I will buy 2 and you buy the other 2 at my cost ($100) and we will get it sold for him. He gets all pissed and says no so I tell him to come pick it up then and that he can deal with wells fargo. I also notify him that even if he turns it back he will be turned over to collections for the balance of what he owes and what it sells for and he tells me he doesn't care and the collectors aren't getting a dime out of him.
The guy would rather let the car get repo'd then spend 100 on 2 tires. We even told him we'd front him the money on the tires and take payments and he still wouldn't do it.
SPEKTOR-AAA
New member
He was probably disgruntled at getting shit for the tahoe...lol
Still an idiot
Still an idiot
PICK3
New member
cuz they're fucking bums.
Quick example..I had a guy on my lot wanting a cheap car to get to work cuz he just filed BK. He was driving a new loaded out tahoe. I asked him waht was going one with that and he said he was waiting for wells fargo to come pick it up.
I told him that I had a buyer looking for exactly that and if he'd like me to try and sell it so he could avoid a repo on his credit (he tried keeping the tahoe out of the bk and then couldn't afford it) he said sure.
He brings the tahoe down to me completely stripped. They took the floor mats, nav dvd, 3rd row seat, owners manual, and put different wheels and tires on it (tires were shot)
I get the tahoe sold, but the customer refuses to buy it w/o new tires. I call the guy and tell him. He says i'm not putting any more money into it and I say look..I will buy 2 and you buy the other 2 at my cost ($100) and we will get it sold for him. He gets all pissed and says no so I tell him to come pick it up then and that he can deal with wells fargo. I also notify him that even if he turns it back he will be turned over to collections for the balance of what he owes and what it sells for and he tells me he doesn't care and the collectors aren't getting a dime out of him.
The guy would rather let the car get repo'd then spend 100 on 2 tires. We even told him we'd front him the money on the tires and take payments and he still wouldn't do it.
how could he sell the Tahoe if it was that upside down?
I call BS!
when did I say he was upside down bitch?
I said he couldn't afford the payments...He owed right at wholesale on it, but it was rough.
PICK3
New member
PICK3
New member
cuz they're fucking bums.
Quick example..I had a guy on my lot wanting a cheap car to get to work cuz he just filed BK. He was driving a new loaded out tahoe. I asked him waht was going one with that and he said he was waiting for wells fargo to come pick it up.
I told him that I had a buyer looking for exactly that and if he'd like me to try and sell it so he could avoid a repo on his credit (he tried keeping the tahoe out of the bk and then couldn't afford it) he said sure.
He brings the tahoe down to me completely stripped. They took the floor mats, nav dvd, 3rd row seat, owners manual, and put different wheels and tires on it (tires were shot)
I get the tahoe sold, but the customer refuses to buy it w/o new tires. I call the guy and tell him. He says i'm not putting any more money into it and I say look..I will buy 2 and you buy the other 2 at my cost ($100) and we will get it sold for him. He gets all pissed and says no so I tell him to come pick it up then and that he can deal with wells fargo. I also notify him that even if he turns it back he will be turned over to collections for the balance of what he owes and what it sells for and he tells me he doesn't care and the collectors aren't getting a dime out of him.
The guy would rather let the car get repo'd then spend 100 on 2 tires. We even told him we'd front him the money on the tires and take payments and he still wouldn't do it.
knot quick enough
Cliff Notes bish
SPEKTOR-AAA
New member
Im amazed you sold that POS. What do you guys get out of something like that?
I didn't sell it...I told him to come pick the fucking thing up if he was unwilling to spend $100 on 2 tires.
We would've made a little money, and taken an older high mileage tahoe in on trade.
in hindsight I probably should've still sold the guys shit for him and taken my money and went with it but his attitude pissed me off.
