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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 12:33 pm to Will Cover
quote:
One might say he was determined to get into a new Honda Pilot.
More like determined to get into bankruptcy
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 12:38 pm to HooDooWitch
I will never pay $1200 a month for a vehicle.
Posted on 1/13/24 at 12:39 pm to Powerman
quote:
I didn't realize you could even trade in a car that you're upside down on
Generally they just role the current loan into the new one. Effectively you’re paying the dealership to take the car from you.
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 12:43 pm to terriblegreen
quote:
Men drive Hondas?
Love both my Accord Touring and my very reasonable car note. Sorry about the small penis, bro
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 GetmorewithLes
Yeah. That guy isn’t going to pay off that note. Just like the car he was trading in.
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