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  1. #1
    Join Date
    Oct 2011
    Location
    Amsterdam
    Posts
    15,510

    Finance Companies Taking Advantage Of People

    When you are getting a used car you must be wary of finance companies that are taking advantage of customers and people. Sometimes you are paying MORE for a used car.

    What to watch:
    • Check blue book price.
    • Financing rates.....if you are young, watch out!!!!!
    • How long is the loan?
    • Negotiate, negotiate, negotiate ! Don't be afraid to walk away and give ultimatums.

  2. #2
    Join Date
    Oct 2011
    Location
    Amsterdam
    Posts
    15,510

    Re: Finance Companies Taking Advantage Of People

    I remember when I was 30 years old. My 19 year old employee asked me to help him out when he bought his first car. He felt the finance company was taking advantage of him.

    Now when I showed up......I didn't take to a salesman.
    I talked to a "FINANCE SPECIALIST"
    What a bunch of bullshit! Cough cough!

    Long story short.....he paid almost the SAME price for a USED KIA that would have been ALMOST the SAME price as a NEW KIA at 13% financing!!!!!!!!!!!!!!!!!

    Finance companies take advantage of young people, women, people with bad credit or little/no credit.
    People in the hole.....stay in the hole, or swim in quicksand.

    SCAM SCAM SCAM!!!!!!!!!!!!!!!!!!


    Use this used scar scam image on your website !

  3. #3
    Join Date
    Apr 2014
    Posts
    50

    Re: Finance Companies Taking Advantage Of People

    Oh no doubt finance companies are taking advantage of people when they buy used cars. They are trying to squeeze as much money out of the person as possible because they know the person probably already has terrible credit and doesn't have many other options!

  4. #4
    Join Date
    Apr 2014
    Location
    Orlando, FL
    Posts
    389

    Re: Finance Companies Taking Advantage Of People

    The thing I don't get is you see these deals on commericals for $99 a month payments, and when you go there it turns into $299 a month plus taxes. I can't get approved for a new car, but they always can get me approved for a used crappy car that has 50,000+ miles on it.:rotz:
    When in doubt, Meditate!

  5. #5
    Join Date
    Mar 2014
    Location
    Ukraine
    Posts
    3

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