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At local Honda dealership this morning
Posted on 1/13/24 at 12:31 pm
Posted on 1/13/24 at 12:31 pm
Guy in the sales stall next to me wanted to buy a new pilot. Sales guy told him he was so upside down on his trade it was going to be $1200 a month for 84 months. He said it was the best he could do. Dumb arse guy said let’s do it. Jesus Christ my house note isn’t but 1600 a month. People are stoopid when it comes to buying cars sometimes.
54
Posted on 1/13/24 at 12:32 pm to lsufan1971
One might say he was determined to get into a new Honda Pilot.
Posted on 1/13/24 at 12:35 pm to lsufan1971
I’ll keep my 2003 Corolla. 37 mpg
Posted on 1/13/24 at 12:37 pm to lsufan1971
I didn't realize you could even trade in a car that you're upside down on 
Posted on 1/13/24 at 12:37 pm to lsufan1971
A trade in should have no bearing on the negotiated price.
Fools and their money.
Fools and their money.
Posted on 1/13/24 at 12:37 pm to lsufan1971
It’s amazing how the American buy confuses their “wants” with “needs”. Buy sets constantly say I “need”, and it triggers their justification to make a bad decision.
Posted on 1/13/24 at 12:37 pm to lsufan1971
Posted on 1/13/24 at 12:38 pm to lsufan1971
Over $100k?
I hope he got leather.
And a reach around.
I hope he got leather.
And a reach around.
Posted on 1/13/24 at 12:38 pm to lsufan1971
People are morons with vehicles
Posted on 1/13/24 at 12:40 pm to lsufan1971
Men drive Hondas?
Posted on 1/13/24 at 12:40 pm to lsufan1971
Maybe he plans to die soon.
Or maybe he knows the government is going to take everything away from us soon anyway.
Or maybe he knows the government is going to take everything away from us soon anyway.
Posted on 1/13/24 at 12:40 pm to lsufan1971
It will all be worth it when his wife gets to drive through the car pool lane next week in a brand new Honda Pilot. All the other moms are going to be jealous.
Posted on 1/13/24 at 12:50 pm to lsufan1971
84x1200=100,800.
The most expensive new pilot I could see near me was $46k. Think about that for a second...
The most expensive new pilot I could see near me was $46k. Think about that for a second...
Posted on 1/13/24 at 12:52 pm to lsufan1971
quote:
Sales guy told him he was so upside down on his trade it was going to be $1200 a month for 84 months.
Plenty of dumbasses to take that loan... who in the hell would write that loan. No way the vehicle secures the mortgage balance alone.
Posted on 1/13/24 at 12:53 pm to lsufan1971
Even the top of the line Pilot trim is around $50k. A 72 month loan for $50k at 7% interest rate is around $850 a month. I doubt that guy is somehow $20k upside down on his trade in…because that seems awfully hard to do unless its been wrecked and not repaired, plus highly unlikely a bank would approve a loan that high above the new vehicle value.
Baw is probably only upside down by a small amount but his credit score sucks, so he’s getting a 15% interest rate
Baw is probably only upside down by a small amount but his credit score sucks, so he’s getting a 15% interest rate
Posted on 1/13/24 at 12:55 pm to lsufan1971
I traded in a put additional cash down when I bought my pilot. Wanted a note under $400/mo for 60 months. (Ended up with 373/mo for 60 with 2.1%)
Count not imagine 3x that for an additional 2 years…… people just rolling over the previous car into the next car…. What are the chances he goes to buy another vehicle in 3-4 years and has that much more upside down……
Count not imagine 3x that for an additional 2 years…… people just rolling over the previous car into the next car…. What are the chances he goes to buy another vehicle in 3-4 years and has that much more upside down……
Posted on 1/13/24 at 12:58 pm to lsufan1971
What kind of genius deal did you work on that new Ridgeline?
Posted on 1/13/24 at 1:01 pm to lsufan1971
I just bought my wife a 2008 Toyota Corolla with 35K miles from a Nissan Dealership priced at $8K and got the out the door price at $10,200 after having a mechanic look at it. Feels great!
Posted on 1/13/24 at 1:01 pm to lsufan1971
I am going to hammer into my kids head to do whatever you can to not have a car note.
Posted on 1/13/24 at 1:04 pm to lsufan1971
My brother just bought a new car, put plenty down, $300 note.
This post was edited on 1/13/24 at 1:05 pm
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