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re: Article: "Record number of car buyers 'upside down' on trade-ins"
Posted on 11/28/16 at 8:21 am to GetCocky11
Posted on 11/28/16 at 8:21 am to GetCocky11
quote:
The average new car loan is for 68 months
Car salesman "how much you want to pay a month"
god people are suckers
2
Posted on 11/28/16 at 8:22 am to Topwater Trout
quote:
Car salesman "how much you want to pay a month" god people are suckers
First thing I was asked.
When I told him that I wanted to discuss total price, not the payment, he actually had to pause and sort of reset.
Posted on 11/28/16 at 8:43 am to Topwater Trout
quote:
Car salesman "how much you want to pay a month" god people are suckers
That's a valid question. Some people have no idea what they can afford.
Triangle sales. Money down. What you want. Monthly note. Buyer only gets to pick two.
Can a finance manager use it to maximize backend? Sure. But the question is there to help the salesman know if they should even proceed with the deal.
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