Quote:
Originally Posted by OnTheWarpath58
I've been biting my tongue, but he's right. She ****ed up huge by buying from one of these places, and she's about to make it worse.
Then again, so does anyone else who buys from these lots.
I have a friend who used to work for one of these places, and finally grew a conscience and quit.
They'll keep every dime she's given them, and when she misses a payment, they'll take the car - and legally, there's nothing she can do.
Then they'll turn around and put that car back on their lot and sell it to the next sucker that walks in. These places make money hand over fist selling cars to begin with, and make even more money because in some cases, they sell the same car several times.
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Also why they target people with no/bad credit. Higher likelihood they'll get the car back. They get so much money upfront, and charge a buttload on interest.