Life Advising a friend. - Page 7

Micjones · 07:03 PM

So there's this girl at my job who is currently having a Hell of a time with her car dealership. It's one of those "buy here, pay here" lots. Her last car was repo'd after she missed a couple payments so she's been scrambling to find reliable transportation. Turns out that she moved a bit too quickly and took a flyer on a 2002 Ford that has upwards of 100K miles on it. A car that also brings with it a financial responsibility of right around $10,000. Obviously she's going to come out on the losing end of the deal. In all likelihood...the car will shoot craps long before she sees the light at the end of that contract.

So she tells me she's going to ask the dealership to refund both her first few payments and the initial down payment she remitted when she bought the car. Getting that money back is her end game.

I'm trying to talk some sense into her and help her realize that getting that money back at the expense of having this reported as another repo on your credit isn't a fair trade-off.

Am I wrong to suggest to her that the dealership is under NO legal responsibility to let her out of that contract?

She swears that she's going to get another car with an even LESS reputable lot. I tell her that they're going to see the open car loan and tell her to hit the bricks.

She's one of those people who talks her way out of everything with customer service personnel. But those are significantly smaller battles. Removal of NSF fees, refunds on hotel stays, etc. She's convinced she's going to win this fight. I think she's in BIG trouble.

Am I off-base here?

**Bugeater** · 12-17-2009, 04:45 PM

Quote:

Originally Posted by Mr. Flopnuts

They won't. And if they have paperwork showing the car was inspected before she bought it, she's ****ed.

If she put a significant amount of money down I could see them telling her to pound sand. But if she only put a few hundred down and they want her interest money over however many years, they'd be better off doing it. Either way, they're going to end up with the car back and no payments from her.

kstater · 12-17-2009, 04:49 PM

Quote:

Originally Posted by Micjones

I'm fairly certain it is a major mechanical issue.
At last we spoke they said they were consulting Ford to determine the situation with her engine and that the "brains" of the car were shot to shit.

This might have been worth mentioning in the OP.

Demonpenz · 12-17-2009, 04:59 PM

tell her lie down and give you a blow job upside down and rest her balls on her eyes.

arabian goggles

Micjones · 12-17-2009, 05:35 PM

Quote:

Originally Posted by kstater

This might have been worth mentioning in the OP.

I'm not sure that it would've made much of a difference.
She still isn't in a position to force the dealership's hand.

Even with major mechanical failures this early on I'm not sure she has a legal leg to stand on. That contract almost certainly had an "as is" disclaimer in it.

**The Franchise** · 12-17-2009, 05:35 PM

Quote:

Originally Posted by Demonpenz

tell her lie down and give you a blow job upside down and rest her balls on her eyes.

arabian goggles

**Bugeater** · 12-17-2009, 05:52 PM

Quote:

Originally Posted by Micjones

I'm not sure that it would've made much of a difference.
She still isn't in a position to force the dealership's hand.

Even with major mechanical failures this early on I'm not sure she has a legal leg to stand on. That contract almost certainly had an "as is" disclaimer in it.

Legally, no she doesn't. But it pretty much guarantees she is going to default on the loan. Do you have any clue what she has already paid into this deal as far as money down and payments?

Micjones · 12-17-2009, 06:40 PM

Quote:

Originally Posted by Bugeater

Legally, no she doesn't. But it pretty much guarantees she is going to default on the loan. Do you have any clue what she has already paid into this deal as far as money down and payments?

I'm not certain. I'm guessing $600-$700.

**Saul Good** · 12-17-2009, 08:14 PM

Quote:

Originally Posted by Micjones

I'm not certain. I'm guessing $600-$700.

What do you think she earns in a year?

**Iowanian** · 12-17-2009, 08:19 PM

Friend, I'd advise you to find smarter friends.

Micjones · 12-17-2009, 08:20 PM

Quote:

Originally Posted by Saul Good

What do you think she earns in a year?

Somewhere in the neighborhood of 24K.

Micjones · 12-17-2009, 08:21 PM

Quote:

Originally Posted by Iowanian

Friend, I'd advise you to find smarter friends.

I don't agree that making an unwise financial decision makes you stupid.
If that's the case... Millions upon millions of American people are just as stupid.

She was desperate and moved hastily.

WilliamTheIrish · 12-17-2009, 08:27 PM

Quote:

Originally Posted by Saul Good

Nice. You may have noticed that I'm not a car guy (especially for a 31 y/o). I've got a six figure income, and my wife's car and my car combined probably aren't worth $10,000. They both look nice and drive perfectly, though.

I just can't justify shelling out money for a new car...

We're cut from the same cloth. I have serious issues with new auto purchases. I got my ass kicked on my first car purchase. Newly married (22), two kids, driving a 75 VW Bug. They had me and they knew it.

Since then, I've read everything I could on the subject and followed that up with actual practice trips into a dealer ( I was 29) so I could learn to look them in the eye and say "Nope, no thanks". Sounds kinda weird but it really worked.
Now I have neices and nephews that ask me to go with them to the dealer, cause I fuck with them all the time. Especially when they use the "I'll need to talk to the GM about this".
My usual answer to that is : "Oh, does he keep the crystal ball in there? May I tag along? I've always wondered where you kept the all the secrets". Or "Oh, you can't make that decision on your own? Next time just take me right to his office, and we'll skip the formalities".

It's fun to bend their minds a bit.

sedated · 12-17-2009, 08:32 PM

when I was just out of college, I literally had a car salesman say "what will it take to put you in that car tonight?" I thought that crap was a horrible cliche.

**Iowanian** · 12-17-2009, 08:33 PM

Quote:

Originally Posted by Micjones

I don't agree that making an unwise financial decision makes you stupid.
If that's the case... Millions upon millions of American people are just as stupid.

She was desperate and moved hastily.

I see.

I guess we'll just forget everything else you said after the first part of the first post, about the idea she has to get her money back on a loan she's purposefully going to default.

Since she's such a great person, maybe you could just loan her some money.....

It's ok, dumbasses need friends too and its nice of you to try to help her.

**Saul Good** · 12-17-2009, 08:34 PM

Quote:

Originally Posted by Micjones

Somewhere in the neighborhood of 24K.

They can come get the car. There's really nothing they can do in terms of recourse. She doesn't make enough to garnish her wages. They will sell the car for what they can get and eventually start threatening her with all sorts of things that they won't/can't carry out. In the end, she can probably offer them $1,000 and tell them that she can either use the money to settle this deficit or to file bankruptcy. They know that they aren't going to get their money.

12-16-2009, 06:22 PM
Micjones Whose house? Join Date: Mar 2007 Location: KCMO Casino cash: $10005180	Advising a friend. So there's this girl at my job who is currently having a Hell of a time with her car dealership. It's one of those "buy here, pay here" lots. Her last car was repo'd after she missed a couple payments so she's been scrambling to find reliable transportation. Turns out that she moved a bit too quickly and took a flyer on a 2002 Ford that has upwards of 100K miles on it. A car that also brings with it a financial responsibility of right around $10,000. Obviously she's going to come out on the losing end of the deal. In all likelihood...the car will shoot craps long before she sees the light at the end of that contract. So she tells me she's going to ask the dealership to refund both her first few payments and the initial down payment she remitted when she bought the car. Getting that money back is her end game. I'm trying to talk some sense into her and help her realize that getting that money back at the expense of having this reported as another repo on your credit isn't a fair trade-off. Am I wrong to suggest to her that the dealership is under NO legal responsibility to let her out of that contract? She swears that she's going to get another car with an even LESS reputable lot. I tell her that they're going to see the open car loan and tell her to hit the bricks. She's one of those people who talks her way out of everything with customer service personnel. But those are significantly smaller battles. Removal of NSF fees, refunds on hotel stays, etc. She's convinced she's going to win this fight. I think she's in BIG trouble. Am I off-base here? Last edited by Micjones; 12-16-2009 at 07:03 PM..
Posts: 15,344

12-17-2009, 04:59 PM	#93
Demonpenz Woman should only make babies Join Date: Nov 2003 Location: Apartment "G UNIT!" Casino cash: $-423864	tell her lie down and give you a blow job upside down and rest her balls on her eyes. arabian goggles __________________
Posts: 54,959

12-17-2009, 08:19 PM	#99
Iowanian Supporter Join Date: Aug 2000 Location: Utopia Casino cash: $1658454	Friend, I'd advise you to find smarter friends.
Posts: 62,945

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