Thread: Life Advising a friend.
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Old 12-16-2009, 06:46 PM   #6
OnTheWarpath15 OnTheWarpath15 is offline
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Quote:
Originally Posted by Adam View Post
Usually the down payment covers the value of the car. Once they get a single customer to make that payment, they can repossess it over and over again and resell it over and over again for a ridiculous profit margin. Only costs are collection/repossession. They'll do it until the car breaks down and might actually cost them something significant to repair.
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