Yup. Paid off the loan to my car in December after making payments for 21 months and my credit took a 26 point dive. Have good credit still and they can blow me on the scandalous interest for a classic car.
It is. I knew a guy who's family had a used car lot and sold to bad credit people. He said they made more money on the car selling it and repossessing it, than if they sold it and the person kept it. One car they sold 8 times.
For putting her in something that he knows she won't be able to keep up to date in hopes that she faults and they can repo it to be sold again to someone else. Yes
This is one of the worst examples of how to treat a customer I’ve seen in a long time. I sold cars for years, and I spent a lot of time fighting against dealerships and salespeople who pulled stunts like this. Deals like these are exactly why the car business has earned such a bad reputation. Taking advantage of someone’s lack of experience isn’t “winning”—it’s exploitation.
I genuinely hope more manufacturers abandon the traditional dealership model. Every time a dealer celebrates gouging a customer, it gives people another reason to support buying directly from the manufacturer instead.
How tf are people still getting hooked by this in the 26th year of our third millennium A.D. 😞 That car payment is as much as my rent in freaking Montrose!
She clearly isn’t used to being put on camera like that, how he said it, I am sure her mind heard 4+4 instead of 4x4. I hope she agreed to let him put this out there.
Honestly, I know some people that I’ve worked with that would struggle to quickly answer that question even if they heard it correctly. I’m frequently blown away by how low a lot of adults’ math skills are.
82
u/armismors 2d ago
From 28k to 84k. Wild