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re: I can’t help but think a lot of people driving newer cars with upside down loans
Posted on 5/9/24 at 2:36 am to Lsutigerturner
Posted on 5/9/24 at 2:36 am to Lsutigerturner
quote:
a $38k Nissan Frontier suddenly became a $55k Frontier
I'm calling bs on this story. There's absolutely no way that a $38k sticker price truck could jump to $55k. You're telling me they tried sticking around $15k of backend product on it? Banks only allow typically 15-20% of invoice for back end. Let's say invoice is $36k, the most any bank would allow is about $7200.
It's really funny that people think dealers lie so much when in fact, Ive been lied to by customers more than any other interaction I've had. It's like you just want to have a cool story to tell, but at least make it believable.
This post was edited on 5/9/24 at 2:37 am
Posted on 5/9/24 at 3:28 am to saintkenn
The most mid-level manager response ever.
Posted on 5/9/24 at 4:37 am to saintkenn
I have had a 40k car come back as 50k twice at Cadillac of New Orleans. It absolutely can happen when they think your a sucker!
Posted on 5/9/24 at 12:39 pm to saintkenn
quote:
It's really funny that people think dealers lie so much when in fact, Ive been lied to by customers more than any other interaction I've had. It's like you just want to have a cool story to tell, but at least make it believable.
Having grown up around the car business I wholeheartedly agree with this statement.
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