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General Discussion => Essentially Flyertalk => Topic started by: Dirty Sanchez on September 15, 2010, 11:07:15 PM

Title: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 15, 2010, 11:07:15 PM
This one tops the other one. Un-freaking-believable.

So I go into the dealer (another big KC dealer with a used car lot onsite) Monday to look at a car I saw online.  Unsolicited, the used car sales manager--seems like a good guy with good product knowledge, unlike the other place--gives me a price well below sticker.  I kinda thought it was a gimmick that it happened, but whatever, the new price was below our target range, so that's cool.  Got a mechanic to look at it and someone had jacked with the electrical system to put in a custom stereo.  Was pretty leery of that, so we passed on it Tuesday afternoon. 

Then we gave him what our price range was on something similar and he had one that was newer, safer, and had many less miles.  It was stickered above our price range but he offered it to us at $10,200, which worked for us.  We test drove it overnight and it checked out with the mechanic with only minor problems.  Filled out the paperwork tonight to verify we were who we said who we were so we could cut the check.  Well, the used car manager wasn't there tonight, so the new car manager came in and told us that he couldn't sell it at that price because it was below what it cost them plus their fixes. The other manager had missed something when he quoted us the price. Said we could have it for $11,700, then $11,200.  No way in hell was I going to pay a dime more than what was offered by their own guy.  Wish I had gotten that $10,200 in writing--I could consider going to the AG then.  The new manager offered to let us test drive an Isuzu Rodeo that was older with more miles that was in our range.  Never mind that those things are shitty. 

We had gone in with the intent to buy and now they were jacking us around.  Needless to say I was pissed.  My wife was in tears.  We're tired of spending every evening shopping and borrowing her mom's car.  I'm going to have a chat with the GM tomorrow.  Doubt it will do any good.  Will make sure to let everyone I know about this raw deal if it doesn't, including the Better Business Bureau and any reviews I can find online.

I understand that they need to make a profit, but their sales manager made the offer.  Sometimes for good service, you have to man up and make good on your promises.  rough ridin' assholes.
Title: Re: Used Car Salesmen, pt deux
Post by: michigancat on September 15, 2010, 11:08:15 PM
craigslist
Title: Re: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 15, 2010, 11:16:50 PM
craigslist

Trying that, too.
Title: Re: Used Car Salesmen, pt deux
Post by: pissclams on September 16, 2010, 08:09:34 AM
why not just add this to the first thread?

also,

(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2F2.bp.blogspot.com%2F_gQzJ1O_9Si8%2FTGV1iXAlFII%2FAAAAAAAAAIs%2FdZ76xuIrt7U%2Fs400%2FGeorgeCostanza.jpg&hash=ac644d1b41cb68b010bd8c3e6903ab95d672b037)
Title: Re: Used Car Salesmen, pt deux
Post by: steve dave on September 16, 2010, 08:14:00 AM
You know what doesn't put the wife in tears?  A shiny new car.   :party:
Title: Re: Used Car Salesmen, pt deux
Post by: yoga-like_abana on September 16, 2010, 08:19:52 AM
Sounds like you should have taken advantage of Obamas awesome car deal last year.
Title: Re: Used Car Salesmen, pt deux
Post by: pissclams on September 16, 2010, 08:28:47 AM
Sounds like you should have taken advantage of Obamas awesome car deal last year.

:lol:
Title: Re: Used Car Salesmen, pt deux
Post by: Saulbadguy on September 16, 2010, 08:30:36 AM
why not just add this to the first thread?

also,

(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2F2.bp.blogspot.com%2F_gQzJ1O_9Si8%2FTGV1iXAlFII%2FAAAAAAAAAIs%2FdZ76xuIrt7U%2Fs400%2FGeorgeCostanza.jpg&hash=ac644d1b41cb68b010bd8c3e6903ab95d672b037)

TWIX!!!!!!!!!!!!!!!!!!!!!!!!!!!1
Title: Re: Used Car Salesmen, pt deux
Post by: CHONGS on September 16, 2010, 08:48:51 AM
Did you mention you would pay in gold and/or possibly pelts?
Title: Re: Used Car Salesmen, pt deux
Post by: CNS on September 16, 2010, 09:10:52 AM
Which dealer?
Title: Re: Used Car Salesmen, pt deux
Post by: ben ji on September 16, 2010, 10:37:43 AM
wife sounds like a fp
Title: Re: Used Car Salesmen, pt deux
Post by: dmartin on September 16, 2010, 01:14:17 PM
sounds like the wife needs to show a bit more cleavage. 
Title: Re: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 17, 2010, 10:01:55 PM
Which dealer?

This was JACK MILLER KIA in N KC, MO.

The one from the first thread was a used car lot attached to SHAWNEE MISSION HYUNDAI/KIA.

I have filed a complaint about jack miller with the Better Business Bureau.  It probably won't do any good, but it will at least give them a black eye.

We finally picked up a vehicle tonight and got this ordeal over with.  Actually dealt with a customer oriented dealer in Leavenworth. Small business rather than a just-another-sucker-walking-in-the-door type of place.  Picked up a sweet ride.  Paid cash 100%.  How are the rest of your interest payments coming?
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 17, 2010, 10:05:03 PM
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fpinkherring.typepad.com%2Fweblog%2Fimages%2F2007%2F09%2F20%2F20070915_014.jpg&hash=eaf8084381d5b690c49f2d2100f1e078dfe50619)
Title: Re: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 17, 2010, 10:45:13 PM
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fpinkherring.typepad.com%2Fweblog%2Fimages%2F2007%2F09%2F20%2F20070915_014.jpg&hash=eaf8084381d5b690c49f2d2100f1e078dfe50619)

Looks almost exactly like that, except smaller.
Title: Re: Used Car Salesmen, pt deux
Post by: 06wildcat on September 17, 2010, 10:55:38 PM
Which dealer?

This was JACK MILLER KIA in N KC, MO.

The one from the first thread was a used car lot attached to SHAWNEE MISSION HYUNDAI/KIA.

I have filed a complaint about jack miller with the Better Business Bureau.  It probably won't do any good, but it will at least give them a black eye.

We finally picked up a vehicle tonight and got this ordeal over with.  Actually dealt with a customer oriented dealer in Leavenworth. Small business rather than a just-another-sucker-walking-in-the-door type of place.  Picked up a sweet ride.  Paid cash 100%.  How are the rest of your interest payments coming?

Paid my car off in June, the 0 percent interest was killer though. Still have about 30K of warranty left on it too.
Title: Re: Used Car Salesmen, pt deux
Post by: steve dave on September 17, 2010, 11:00:01 PM
I have three payments left on my sled with a lot of mileage left on the warranty.   :driving:
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 17, 2010, 11:06:04 PM
Cheaper insurance.... much slower depreciation.... lower taxes.

Title: Re: Used Car Salesmen, pt deux
Post by: CHONGS on September 17, 2010, 11:07:20 PM
You would have got it cheaper if you payed in gold.  You're a fool.
Title: Re: Used Car Salesmen, pt deux
Post by: Dugout DickStone on September 17, 2010, 11:09:41 PM
I feel bad for you losers who aren't business partners with car manufacturers.
Title: Re: Used Car Salesmen, pt deux
Post by: steve dave on September 17, 2010, 11:22:26 PM
I feel bad for you losers who aren't business partners with car manufacturers.

THAT'S A CONFLICT OF INTEREST!!!
Title: Re: Used Car Salesmen, pt deux
Post by: 06wildcat on September 17, 2010, 11:22:43 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the rough rider into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of crap than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 17, 2010, 11:32:31 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the rough rider into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of crap than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 17, 2010, 11:33:23 PM
You would have got it cheaper if you payed in gold.  You're a fool.

The only precious metal I own is lead.
Title: Re: Used Car Salesmen, pt deux
Post by: steve dave on September 17, 2010, 11:34:38 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the rough rider into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of crap than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Or, you could look at money as money and not have to split out all your funds to play mind games with yourself or whatever :dunno:
Title: Re: Used Car Salesmen, pt deux
Post by: CHONGS on September 17, 2010, 11:35:04 PM
You would have got it cheaper if you payed in gold.  You're a fool.

The only precious metal I own is lead.
Lead is NOT a precious metal idiot.
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 17, 2010, 11:45:51 PM
You would have got it cheaper if you payed in gold.  You're a fool.

The only precious metal I own is lead.
Lead is NOT a precious metal idiot.

(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fpastorleonard.files.wordpress.com%2F2010%2F08%2Fduh-award.jpg&hash=93b31e98fe3ebcc4135a71583fb11db43aa5a5e4)
Title: Re: Used Car Salesmen, pt deux
Post by: 06wildcat on September 18, 2010, 12:07:40 AM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the rough rider into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of crap than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?
Title: Re: Used Car Salesmen, pt deux
Post by: O-town Kat on September 18, 2010, 12:48:51 AM
Mother of all beaters (MOAB) '97 land rover disco will be on the ksu side of camarohead tommorrow. Make a sweet offer. Gute Nacht.
Title: Re: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 18, 2010, 07:30:49 AM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!
Title: Re: Used Car Salesmen, pt deux
Post by: steve dave on September 18, 2010, 08:04:53 AM
Seems like making more money would be easier than this hassle.  I vote you make an extra $10k this year and you buy a new car instead of spending so much of your time hassling car dealers about some old POS you want to buy.
Title: Re: Used Car Salesmen, pt deux
Post by: Kat Kid on September 18, 2010, 08:28:01 AM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

What about personal responsibility?  Where is that in all this.
Title: Re: Used Car Salesmen, pt deux
Post by: yoga-like_abana on September 18, 2010, 08:34:51 AM
DS, Be honest, how much did you love hearing grandpa's stories about the good 'ole days?
Title: Re: Used Car Salesmen, pt deux
Post by: 06wildcat on September 18, 2010, 10:34:40 AM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make credit work for them.
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 18, 2010, 10:51:32 AM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make credit work for them.

Fact:  Getting rid of credit cards is for people who choose not to participate in the misbehaving portion of the banking industry.
Title: Re: Used Car Salesmen, pt deux
Post by: 06wildcat on September 18, 2010, 01:37:30 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make credit work for them.

Fact:  Getting rid of credit cards is for people who choose not to participate in the misbehaving portion of the banking industry.

So you don't have a mortgage either. Good for you.
Title: Re: Used Car Salesmen, pt deux
Post by: Dirty Sanchez on September 18, 2010, 06:31:29 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make them work for credit.

I'd rather make compound interest and investments work for me.
Title: Re: Used Car Salesmen, pt deux
Post by: Kat Kid on September 18, 2010, 09:41:48 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make them work for credit.

I'd rather make compound interest and investments work for me.

yeah.  you can do that and have a credit card.
Title: Re: Used Car Salesmen, pt deux
Post by: Jeffy on September 18, 2010, 10:24:13 PM
Cheaper insurance.... much slower depreciation.... lower taxes.



LOL at worrying about depreciation, buy new, take care of it and drive the fracker into the ground. My time is much more valuable to me than hunting all over trying to find a used car that isn't going to be a piece of feces than worrying about the marginally higher insurance and taxes.

I traded in my 9-year-old vehicle three years ago, got $6k out of the $20k I bought it new for and got a really sweet deal on the 07 with 5 miles on it because it was sitting right next to an 08 with the same sticker price. Difference between taxes was about $50. Difference in insurance was $100/year. Value of the 6-year, 60,000 mile warranty is around $1,800. I totally got screwed.

And if you keep making car payments to yourself once you've paid it off, you'll be able to buy another new car in cash.

Why would I do that when I can borrow at 0 percent interest or anything less than inflation? If I can borrow money at 3 percent but earn 4 percent on the cash I already have, I'm better off borrowing money. How is cash going to beat that?

Fact:  most people don't pay off their loans within the 0% timeframe.  At the same time, the interest is accruing off the books just waiting to be added on if the principle is not paid in full in time.

Or you can save the money, earn 4 percent on it, and essentially save a car payment in the interest you collect in the money saved over that time rather than paying likely an extra 2 payments solely on interest accrued on a loan.  Loans for new cars are taxes for people that can't do math.  Why do you think the car salesmen push financing so freaking hard?  Because they make a lot of money!

Fact: Paying cash is for people too Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) to figure out how to make credit work for them.

Fact:  Getting rid of credit cards is for people who choose not to participate in the misbehaving portion of the banking industry.

So you don't have a mortgage either. Good for you.

Not for much longer.... It'll be paid off in a couple more years, thanks.
Title: Re: Used Car Salesmen, pt deux
Post by: Tobias on June 30, 2017, 12:56:45 AM
@gatoveintisiete, you know this "outfit"?

http://www.shaggytexas.com/board/showthread.php/179974-Friend-of-mine-got-scammed-buying-a-car!-How-do-we-find-and-get-these-guys
Title: Re: Used Car Salesmen, pt deux
Post by: michigancat on June 30, 2017, 09:57:40 AM
@gatoveintisiete, you know this "outfit"?

http://www.shaggytexas.com/board/showthread.php/179974-Friend-of-mine-got-scammed-buying-a-car!-How-do-we-find-and-get-these-guys

lol what a dumbfuck
Title: Re: Used Car Salesmen, pt deux
Post by: star seed 7 on June 30, 2017, 10:01:32 AM
The lowest of the low
Title: Re: Used Car Salesmen, pt deux
Post by: yoga-like_abana on June 30, 2017, 10:03:23 AM
The lowest of the low
sounds like a line from an outkast song
Title: Re: Used Car Salesmen, pt deux
Post by: slackcat on June 30, 2017, 10:11:56 AM
Quote
It is a sad day in America when you know longer can trust a man from Wally's Auto Sales.