|
Several times a week I see these people wanting to buy a car. Most of the time they work and make decent money, but any credit they were given was just a rope to hang themselves.
They are always quick to want to buy a car. We pull their credit and the fun begins.
0 money down. Of course, give them a dollar they'll find a way to spend 2 and finance the rest.
Maxed out credit cards. "I just made a payment. I don't know why its not showing yet"
Uh huh...
Payday loan with 6 million percent interest rates in collection? "I paid that off months ago!" '
Yes, the original amount you paid back months ago but you were too stupid to realize how much interest that money cost you.
Previous reposession? "Oh no I gave that car back, it had problems."
Yeah, because that's how used car dealers work. Good job making those first 4 months payments.
Medical collections? Of course, you go to the ER when you fart too much. Student loans? Of course... didn't finish up that lucrative psychology degree, eh?
Let's see, where's my broom...
The only time these people have more than 2 cents to rub together is when they get their tax return. They all go car shopping at the same time and get furious when they can't find anything decent at 2-4 grand. They also balk when they have to pay sales tax. I raised all of my prices on my cheap cars because they expect me to pay their sales tax for them.
|