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4-5 year car loan? Hell no


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A few days ago, I saw this Aston Martin V8 Vantage for $94k online. Just for fun I emailed the dealer to see what, if any, financing they offered. They said "oh sure we send people to this company all the time: http://www.woodsidecredit.com/

12 year loans for exotics! Borrow $100k for about $1100/month! Perfect!

I'm ordering my R8 right now...

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A few days ago, I saw this Aston Martin V8 Vantage for $94k online. Just for fun I emailed the dealer to see what, if any, financing they offered. They said "oh sure we send people to this company all the time: http://www.woodsidecredit.com/

12 year loans for exotics! Borrow $100k for about $1100/month! Perfect!

I'm ordering my R8 right now...

Hey, I know some people who pull down 15k a month (after taxes) who would eat that up with a spoon. That said, they are also douchebags.

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That reminds me of the "Bad Credit? No Credit?" used car lot that advertises 8-year loans on used cars. We're talking things like '97 RAV4s and '01 Tauruses. Their slogan is "Home of the Lifetime Customer." Well no $h!, if you lok someone up for 8 years at 17% you've pretty much got them for a lifetime.

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That reminds me of the "Bad Credit? No Credit?" used car lot that advertises 8-year loans on used cars. We're talking things like '97 RAV4s and '01 Tauruses. Their slogan is "Home of the Lifetime Customer." Well no $h!, if you lok someone up for 8 years at 17% you've pretty much got them for a lifetime.

:scratchchin:

Wow. that is just crazy.....I'll buy a 91 Escort, thank you very much...

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my dad briefly sold cars for a dealer that also financed high risk bad credit buyers. those folks would buy anything that they could manage to get approved on. and the guy sold it at outrageous prices and 20+ % interest. And he could, because these folks had already effed up their credit.

One thing he did, he always made an extra set of keys for everything he sold. They miss payments, the car was very easy to 'repossess' that way. :)

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