Forums59
Topics1,042,346
Posts14,016,288
Members144,281
|
Most Online39,925 Dec 30th, 2023
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076652
05/18/24 04:19 PM
|
Joined: Apr 2021
Posts: 1,880
bshort
Extreme Angler
|
Extreme Angler
Joined: Apr 2021
Posts: 1,880 |
This was caused by greedy dealers and market adjustments.
|
|
Re: Negative equity
[Re: bshort]
#15076661
05/18/24 04:30 PM
|
Joined: Aug 2006
Posts: 18,395
COFF
TFF Guru
|
TFF Guru
Joined: Aug 2006
Posts: 18,395 |
This was caused by greedy dealers and market adjustments. Rather stupid consumers. I mean, who in their right mind would consider financing a 10 year payment plan on a vehicle they only intend to drive for 3-4 years?
Last edited by COFF; 05/18/24 04:40 PM.
|
|
Re: Negative equity
[Re: bshort]
#15076662
05/18/24 04:30 PM
|
Joined: Feb 2008
Posts: 4,698
Jaredk
TFF Team Angler
|
TFF Team Angler
Joined: Feb 2008
Posts: 4,698 |
This was caused by greedy dealers and market adjustments. You sure it wasn’t caused by the individuals making dumb decisions?
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076670
05/18/24 04:39 PM
|
Joined: Jun 2003
Posts: 31,495
HasBen
TFF Guru
|
TFF Guru
Joined: Jun 2003
Posts: 31,495 |
I don’t believe the dealer had anything at all to do with this fiasco. The buyer had the opportunity to walk away and was too stupid to do it. Temptation is all around and it is up to the consumer to walk away from these crazy deals.
“There’s no such thing as too much horsepower, just not enough traction”…..Carroll Shelby
|
|
Re: Negative equity
[Re: HasBen]
#15076690
05/18/24 05:03 PM
|
Joined: Apr 2021
Posts: 1,880
bshort
Extreme Angler
|
Extreme Angler
Joined: Apr 2021
Posts: 1,880 |
I don’t believe the dealer had anything at all to do with this fiasco. The buyer had the opportunity to walk away and was too stupid to do it. Temptation is all around and it is up to the consumer to walk away from these crazy deals. Too simplistic. Plenty of scenarios in which someone has to buy a truck to put food on their table. 10 and 15K over msrp was just greed.
|
|
Re: Negative equity
[Re: COFF]
#15076711
05/18/24 05:32 PM
|
Joined: Jan 2010
Posts: 6,829
Dognot
TFF Celebrity
|
TFF Celebrity
Joined: Jan 2010
Posts: 6,829 |
This was caused by greedy dealers and market adjustments. Rather stupid consumers. I mean, who in their right mind would consider financing a 10 year payment plan on a vehicle they only intend to drive for 3-4 years?The same guys that finance a boat for 10 yrs that plan on trading or selling in 2-3 yrs.
Sometimes what didn't work out for you, did in fact, work out for you.
Haters going to hate and believers are going to believe.
Every man has two lives,The second one starts when he realizes that he has only one.
“Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.”
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076712
05/18/24 05:33 PM
|
Joined: Jun 2003
Posts: 2,730
petro
Extreme Angler
|
Extreme Angler
Joined: Jun 2003
Posts: 2,730 |
Wow! I dont know how you do that with a functioning brain
|
|
Re: Negative equity
[Re: bshort]
#15076715
05/18/24 05:34 PM
|
Joined: Jun 2003
Posts: 31,495
HasBen
TFF Guru
|
TFF Guru
Joined: Jun 2003
Posts: 31,495 |
I don’t believe the dealer had anything at all to do with this fiasco. The buyer had the opportunity to walk away and was too stupid to do it. Temptation is all around and it is up to the consumer to walk away from these crazy deals. Too simplistic. Plenty of scenarios in which someone has to buy a truck to put food on their table. 10 and 15K over msrp was just greed. There are always cheaper trucks or even used trucks if you are that worried about putting food on the table. It was the buyers choice, not the dealer. I don’t agree with over MSRP pricing on any car, but most of those deals seemed to be premium models that were hard to get. How about a work truck, not a “look at me” truck.
“There’s no such thing as too much horsepower, just not enough traction”…..Carroll Shelby
|
|
Re: Negative equity
[Re: HasBen]
#15076720
05/18/24 05:41 PM
|
Joined: Jan 2010
Posts: 6,829
Dognot
TFF Celebrity
|
TFF Celebrity
Joined: Jan 2010
Posts: 6,829 |
I don’t believe the dealer had anything at all to do with this fiasco. The buyer had the opportunity to walk away and was too stupid to do it. Temptation is all around and it is up to the consumer to walk away from these crazy deals. Too simplistic. Plenty of scenarios in which someone has to buy a truck to put food on their table. 10 and 15K over msrp was just greed. There are always cheaper trucks or even used trucks if you are that worried about putting food on the table. It was the buyers choice, not the dealer. I don’t agree with over MSRP pricing on any car, but most of those deals seemed to be premium models that were hard to get. How about a work truck, not a “look at me” truck. There are a lot of them Look at me trucks here in the oil patch that are being used for "Work Trucks" you take somebody that has never had any guidance when it comes to money and never had nothing but a schoolboy job and all of a sudden he is making a 100-150K a year he spends the money like it will never run out. Seen it too many times.
Sometimes what didn't work out for you, did in fact, work out for you.
Haters going to hate and believers are going to believe.
Every man has two lives,The second one starts when he realizes that he has only one.
“Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.”
|
|
Re: Negative equity
[Re: Dognot]
#15076724
05/18/24 05:48 PM
|
Joined: Sep 2005
Posts: 28,430
Brian Spagnola
OP
TFF Guru
|
OP
TFF Guru
Joined: Sep 2005
Posts: 28,430 |
I don’t believe the dealer had anything at all to do with this fiasco. The buyer had the opportunity to walk away and was too stupid to do it. Temptation is all around and it is up to the consumer to walk away from these crazy deals. Too simplistic. Plenty of scenarios in which someone has to buy a truck to put food on their table. 10 and 15K over msrp was just greed. There are always cheaper trucks or even used trucks if you are that worried about putting food on the table. It was the buyers choice, not the dealer. I don’t agree with over MSRP pricing on any car, but most of those deals seemed to be premium models that were hard to get. How about a work truck, not a “look at me” truck. There are a lot of them Look at me trucks here in the oil patch that are being used for "Work Trucks" you take somebody that has never had any guidance when it comes to money and never had nothing but a schoolboy job and all of a sudden he is making a 100-150K a year he spends the money like it will never run out. Seen it too many times. Send em my way LOL. I spend 90% of my social media budget in Midland.
|
|
Re: Negative equity
[Re: petro]
#15076737
05/18/24 06:18 PM
|
Joined: Feb 2008
Posts: 4,698
Jaredk
TFF Team Angler
|
TFF Team Angler
Joined: Feb 2008
Posts: 4,698 |
Wow! I dont know how you do that with a functioning brain Well it is not the individual’s fault. It’s Biden and the dealerships fault.
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076741
05/18/24 06:24 PM
|
Joined: Feb 2003
Posts: 633
Harleydude
Pro Angler
|
Pro Angler
Joined: Feb 2003
Posts: 633 |
90% of your budget for the Bro Dozer capital of the world! Nothing like an F250 with a chrome lift and under glow on 24 inch chromes and skinny side wall tires. Don’t forget your B&W hitch in chrome while you are at it. Especially if you don’t tow anything.
|
|
Re: Negative equity
[Re: Harleydude]
#15076744
05/18/24 06:25 PM
|
Joined: Sep 2005
Posts: 28,430
Brian Spagnola
OP
TFF Guru
|
OP
TFF Guru
Joined: Sep 2005
Posts: 28,430 |
90% of your budget for the Bro Dozer capital of the world! Nothing like an F250 with a chrome lift and under glow on 24 inch chromes and skinny side wall tires. Don’t forget your B&W hitch in chrome while you are at it. Especially if you don’t tow anything. Most of what I sell out there is just average trucks. We don't buy much lifted stuff anyways.
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076752
05/18/24 06:35 PM
|
Joined: Feb 2003
Posts: 633
Harleydude
Pro Angler
|
Pro Angler
Joined: Feb 2003
Posts: 633 |
No, it gets the lift and other goodies once it gets here. And that is probably financed in some way as well. We have several shops in the area dedicated to the craft. I want a Raptor R for myself but it’s a 2-3 year wait list out here.
|
|
Re: Negative equity
[Re: Brian Spagnola]
#15076753
05/18/24 06:38 PM
|
Joined: Nov 2022
Posts: 2,943
Grasshopperglock
Extreme Angler
|
Extreme Angler
Joined: Nov 2022
Posts: 2,943 |
I always thought the dealership customized conversion trucks were hilarious.
$8000+ for the conversion on top of the MSRP.
What's hilarious, no one who ever bought these trucks. Asked for the parts removed, back. Not the tires and rims or the suspension parts that were switched out.
People would not only pay tor the conversion. They were also paying for the brand news parts taken off the truck. And 4 factory fresh rims and tires ain't cheap. But they're paying for them.
What happens to these parts? They fall into a dealership black hole.
Last edited by Grasshopperglock; 05/18/24 06:39 PM.
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|