If you are car shopping with great credit, we recommend Premier Financial Services - vinwiki.com/r/pfs24

@deadmansfire

3 ай бұрын

Did the guy get in trouble for the video yesterday?

@DSA-nj5ej

3 ай бұрын

That's exactly what I thought slso

@barryc2528

3 ай бұрын

😀😀😀

My Credit score went down watching this

@wandamaddox7824

3 ай бұрын

Yeah, now I fell the urge to buy some lottery tickets.

When the video started, I was listening, not watching, and my first thought was "why is Roseanne on Vinwiki?"

@mountainmandale1587

3 ай бұрын

No kidding!

@j.pershing2197

3 ай бұрын

Cuz she is legend

@123darkness2

3 ай бұрын

Bro I read the comment during the intro, died laughing as soon as she started talking 😂

@mattculbertson3654

3 ай бұрын

💯

@fabbricatopersonareale

3 ай бұрын

I was watching the video and thought the same thing

Finally some real stuff, tired of hearing all these guys talk about lambos and Ferraris

@Fortress500

3 ай бұрын

Not only that it’s out of touch people talking about how rich they are while trying to pretend to be humble. I’m all for people with money talking about their lives, and I have no envy about it cause everybody’s got problems no matter what income level but damn does it get boring

@aliassmithandjones9453

3 ай бұрын

or boasting how they disobey traffic laws for fun

@joshuagibson2520

3 ай бұрын

Bingo

@kevbecker672

3 ай бұрын

You hit the nail on the head just there......I don't even desire to own those cars....This crap she sells is the crap we all drive because we cant afford the super cars....And if I could ? Not interested....

@MichaelJames-lz7ni

3 ай бұрын

@@kevbecker672 Life is too short to drive mediocre garbage. Poverty is a mindset - you are what you think you are.

That car outlined silouette in their logo is used by every scammy dealership on earth. Its like an advanced warning.

@CRAPO2011

3 ай бұрын

Good eye haha

@kwb377

3 ай бұрын

That red logo means "Lucifer Motors".

@joestewart5406

3 ай бұрын

Every buy here pay here dealer is a scam they always get you on interest they don’t mention through a legal loophole. They are evil

@tate6809

3 ай бұрын

Right? that and names that include words like "honest", "quality", "reliable" and probably the scammiest of all... "PREMIER" 🤣

Can you imagine her and rabbit doing a podcast about car sales? Holy crap that would literally set the internet on fire😂🎉🎉🎉 #VINWIKI

@mattcreamer785

3 ай бұрын

I didn’t know I needed this until right now. And now I can’t live without it.

@ShowMeWhatINeedToKnow

3 ай бұрын

Somehow I think these two would either love each other or hate each other. Nothing in between.

@nicolasvelasquez4365

3 ай бұрын

Bro seriously this needs to happen! @vinwiki @edbolian

@JaredBrown_hkuspgtr

3 ай бұрын

The internet/VinWiki army needs to make this happen...!

@Brock_Corb

3 ай бұрын

@@ShowMeWhatINeedToKnow I feel like they would get along like peanut butter and jelly!

The topless turtleneck trade in is such a mad lass power move.

@chefcc90

3 ай бұрын

Also, massive no middle finger to the guys. But she could easily have a great lawsuit over it so...

@ShowMeWhatINeedToKnow

3 ай бұрын

But a deal is a deal -- she went back on her side of it. SHE proposed the deal to them. Keep that in mind too.

@nwvfd22

3 ай бұрын

@@ShowMeWhatINeedToKnow Nothing in writing. Won't hold up in court.

@DigitalJeremy

3 ай бұрын

BRILLIANT move

@chE3z1

3 ай бұрын

​@@ShowMeWhatINeedToKnowthey didnt say no takesie backsies so its fair game :) $500 to see some boobs is down horrendous though lol

Lol this kind of back of the room talk is what I'm here for.

Walked in to a place where they do a "Buy here, pay here" used lot since they had some reasonable inventory I wanted to check out. I walked in, they "preapproved me for 10k" but I asked what the interest rate was, they said 20% and I literally laughed out loud at them in the face. If I wanted to buy anything I knew I was going to need a line of credit at the bank instead, but I can just imagine how many financially illiterate people go through there and get fleeced.

@christian6381

3 ай бұрын

Yeah, this is pretty hard to watch with the pictures with a young lady and a guy buying a work truck.

@TheBrokenLife

3 ай бұрын

They're not financially illiterate, they're financially inept or victims of circumstance.

@OneOut1

3 ай бұрын

If you feel so badly for people with bad credit why don't you loan some of them your money to buy a car. After you chase down payments and lose money you will understand why financing bad credit requires high interest rates ti survive.

@gordythecreator

3 ай бұрын

What would you do if the bank said NO loan for you, Your paycheck is $350-$500/wk, you have 2 toddlers at home, therefore you haven't got ANY SAVINGS?

@_S0Y

3 ай бұрын

This is the trade off for needing a car and having bad credit. Interest & chance of repo.

My next-door neighbor has owned a Buy-Here-Pay-Here lot for over 30 years. He buys cheap vehicles at auction and puts a minimum amount into making them roadworthy. He charges what he has in the vehicle as a down payment. With the interest rates he charges a $2,000 ends up being an $8,000 vehicle. Payments are due by the end of business on the day the payment is due and if it isn't made he repossesses the vehicle cleans it up and puts it back on the lot. He says that his most repossessed vehicle is a 2001 Cadillac Escalade with a quarter million miles on it and over the 5 years it's been on his lot has been repossessed and resold four times and has made him close to $40,000!

@dean68w19

3 ай бұрын

Having owned a BHPH dealership, the one piece your neighbor isn't telling you is how bad these cars often are when they come back. Typically, if I have to chase down the vehicle and repo it, it's trashed. I may have the car back to resell, but at least a third of the time, the car is so bad, I had punt it to the salvage yard. That $40k your neighbor's Escalade "earned", has to cover thousands of dollars lost on each of the turds that came back trashed.

@TheBrokenLife

3 ай бұрын

@@dean68w19 All of the BHPH cars I've ever seen were trashed when they were sitting on the lot. I remember a Hyundai that intermittently flashed the dash lights and the radio turned on when the driver's door was opened. No keys in the ignition or anything. 😂 I think it had $2995 on the windshield and this was 20 years ago.

@outpizzathehut9565

3 ай бұрын

Bro MIGHT be satan.

@ruthlessreid9172

3 ай бұрын

A friend sold one Volvo five times made over 20 k on that one car.

@Louzahsol

3 ай бұрын

Sounds about right. Theres a BHPH place in my city that made like 40k off a red dodge neon. That was the most trashed car ive ever seen

Oh dear... I've known a few folks who have had cars from such places and it was never a happy story... Most them just had that 23.9% _forever_ payment as one heap after the next would catastrophically implode on them after a few months. I was just browsing the inventory at one once and the salesman approached me and immediately wanted to get me financed. I told him I was a cash buyer. He straight up told me, honest as Abe, "You don't want to buy a car here." and walked away. 😂

@TheCobruhAlienat0r

3 ай бұрын

That's cause there's no money to be made on you. They make their money on that 23% interest from self financing.

@TheBrokenLife

3 ай бұрын

@@TheCobruhAlienat0r That was obviously clear to me at the time (as well as the fact that they carry bad inventory at high prices), which is why it's a funny story now...

@davidhollenshead4892

3 ай бұрын

They usually sell the same car a few times. For example,: 1) They know the automatic trans fluid is nasty, but change it and pretend all is fine and sell it. 2) When the trans packs up the customer can't afford the repairs and payments, so it is repossessed. 3)They install a questionable used trans and sell the lemon again. 4) Go back to 2) until the car is worthless.

Finesses her asshole coworkers, gets discredited for her work and says I don’t care pay me. What a legend.

@kwb377

3 ай бұрын

She's a car salesman...er, "salesperson"...you actually believed what she said?

My friend built a multimillion dollar business loaning money to bad creditors at 20% interest. Half the cars got repoed for non payment after a year or so and they just sold them again. Basically it's legalized loan sharking

@gearjammergamer8560

3 ай бұрын

Work with a guy that sells houses exclusively on land contracts at max interest rates. No matter how much of a dump it is someone is willing to sign a land contract. he's been doing it for 20 years and I think only a handful ever made it to the end. He literally works 3 days a week at our employer. The bare minimum to keep full benefits

You want me to stay til 9 something, when your credit's a 4 something.....

@g00fysmiley

3 ай бұрын

Being on the opposite end of that I gave up recently upgrading a car because people look at my 830+ and income and try to upsell me on models I am uninterested in buying or spending that much on. Wanted a base model highlander, atlas, or ascent, but dealers were like here we can give you this top trim fully kitted model for twice what the base model costs... like I have good credit because I do not make dumb buys, and buying a top trim non luxury suv is not an investment.

@TheBrokenLife

3 ай бұрын

@@g00fysmiley This is why I don't go into the finance office until I have found what I wish to buy.

@tyf.4399

3 ай бұрын

​@@g00fysmileyif you walk in like you own the place, they won't do that. Don't tell them your income, don't show them any pre-approvals, don't let them run your credit, don't even tell them what you need it for or what you do for work. If they ask about monthly payments, refuse and simply say you're looking at the total price. I guess what I'm saying is be completely emotionally detached. Dealerships always say they need xyz for you to be able to test drive- they don't and they will almost always let you drive it anyways, even if it's "company policy".

@g00fysmiley

3 ай бұрын

​@tyf.4399 Good advice, but not really how I am. I do not let them run a credit check since it dings me they do require a copy of my license to test drive and seem to have all my info from that. I assume some background software or something, not sure. I literally asked to drive and see lower spec but there is always an excuse like "those are sold" I am not the in charge type more the.. I guess I will walk away type. Not going to be bullied into buying something I do not want but also not willing to push hard for it.

@TheBrokenLife

3 ай бұрын

@@g00fysmiley I've never understood these issues when buying new. Figure out what you want, contact the 4 nearest dealers to you, and tell them you're going with the lowest quote for what you want. It's the easiest sell in the world for them and you don't get doinked around. Everyone wins. Used cars? Yeah, the one in front of you is the one for sale, but they punch the new ones out side-by-side all day long.

I installed GPS remote kill units for a BHPH lot, it was a good gig. They paid well, especially for WIN module equipped / push button start vehicles. The lot was bought out by another dealer, and the gravy train ended.

The boob deal was way too crazy...they were thinking with the little head vs the big head... I'm working how would that look in court? 😂😂😂😂

@ShowMeWhatINeedToKnow

3 ай бұрын

Hey -- a deal is a deal. She went back on her side of it though.

@chE3z1

3 ай бұрын

@@ShowMeWhatINeedToKnow they forgot to say no takesie backsies though 😂

@2vcrew782

Ай бұрын

I’d be ashamed to want to see those bags

@ShowMeWhatINeedToKnow

Ай бұрын

@@2vcrew782 - How come?

Glad to say I've never been this desperate to buy a car that I would pay 23% interest!

@mikehurt3290

3 ай бұрын

What sucks is that in the US you're practically forced to have a car if you want to live so for a lot of people it's their only choice

One of my friends when he was 28 tried to buy his first car except he never had a credit card. He got laughed out over every new car lot in town because he wanted to buy a new car with zero down and have the payment around $200. He even went to the big buy here pay here lot in town that runs ads saying they can "get you in a car for a nickle down" and even they laughed at him and told him no. He ended up finding someone at his church selling an old car for $800 and he had to make payments on that.

@deangelolawson6184

28 күн бұрын

Honestly that was the better deal in the long run.

I repossessed buy here pay here cars for a buddy in the 90s. If you ever want to get shot at on a regular basis, it's definitely the job for you. I picked up cars in the sketchiest neighborhoods you can imagine, but the pay was good, and I learned a lot.

@tonycj7860

3 ай бұрын

When would you say is the best time to repo a car?

@mjc8248

3 ай бұрын

It depends on the neighborhood and whether it's a running car. If it's a running car, it's always easier as long as it starts on the first try. I preferred early mornings between 3 a.m. and 6 a.m. since it's usually quiet. My favorite method was to follow them and take it from the store when they parked to go shopping. It's low risk, and a public place so a violent confrontation is less likely.

@tonycj7860

3 ай бұрын

@@mjc8248 Did you tow it? Or did you have a set of keys and just drive it away?

@mjc8248

3 ай бұрын

I always had keys, but I also towed. It's much easier to get dropped off and drive a car back to the yard. I occasionally did bank jobs, and those were towed, which is much more dangerous because it takes longer and makes more noise. Back then, tow trucks weren't nearly as high-tech as they are now.

I owned a BHPH lot and our interest was 28% when some asked what the interest rate was I just looked at them and said this isn’t for you

@davidhollenshead4892

3 ай бұрын

So you are admitting that you are ethically challenged...

@thomasa5619

3 ай бұрын

It baffles me how people accept rates that high. In australia I’ve never even seen a credit card above about 24%, most are closer to 21% or the “low interest” cards like 14% Gotta be either incompetent or desperate to take 20+% on a car loan

She’s so good she sold rabbit a car and an extended warranty 😂

@Beeeeeefffffff

3 ай бұрын

😂

Mercury tracer looks like a Mercedes my God this lady is mad😂

16g for 40+ cars is almost an insult… especially at those rates, profit potential… however a BHPH lot lives off repos they almost don’t want the loan going to full term.

@dean68w19

3 ай бұрын

You have to remember that until the customer has made a healthy number of payments on that car, they dealership hasn't earned anything. It's not like a regular car lot where we submit the loan to the bank and have all the funds in our account that day. As far as repo's, if you're counting on them, you'll go out of business really quick. Repo's, despite being able to sell the car again, cost us money. About 1 in 3 are trashed and have to go to the salvage yard, and each repo costs us hundreds of dollars in fees, then the reconditioning costs, and paying the people in the office to process it etc. You make money by lending to customers and receiving on-time payments, then selling them another, nicer car and repeating the process.

@Comm0ut

3 ай бұрын

When worked at one (A&G on Bluff Road in SC, now many years closed as the owner deceased) they would rather not have to repo because that interrupts cash flow. The repos are a hassle because while most buyers let them revert without fuss (the owner I worked for made it a point to tell them if they brought the vehicle back he would not take offense and they could buy something else when they got money in future) they still require cleanup and repairs. Repos COST money and time. They are not a profit center.

@RichRotorhead

3 ай бұрын

​@@Comm0utwe had a couple of A&G dealers here in Virginia Beach. I wonder if they were related?

Gail has some amazing stories. You are going to love her.

@WrapCoPDX

3 ай бұрын

I love her already Ed! Definitely need more from her.

@WearingGoldluck

3 ай бұрын

Unrelated, but what happened to the video from yesterday? I haven’t seen anything about but it was taken down when I was halfway through watching it?

@mattcreamer785

3 ай бұрын

You’re right Ed. More Gail please.

@MikeAnvil

3 ай бұрын

I love you Ed ❤

I enjoyed Gail, and I love this end of the car business. It’s gritty and real. The customers still lie, but the dealership doesn’t have to ass kiss.

@Callsignethiopia

3 ай бұрын

Lying and cheating is the honest way of doing business

My older brother was a bricklayer in the 70's and one day for whatever reason he took his wifes car to work instead of his own, as luck would have it, he was run over by a Euc and that was the end of a sweet little '61 Ford Falcon, thankfully he didn't get a scratch. Euc's are very unforgiving and non-judgmental who / what they squish.

This is why you always take care of your credit. If you don’t you end up at a dealership like this where they take advantage of you screw you on the trade-in because these people have no other place to go …with interest rates like that they will never get out of debt… Constant circle of bad decisions

@olikat8

3 ай бұрын

"Vicious circles never end, just spin awhile & then expand...."

I have always viewed these kinds of places as scams who prey on those with bad credit. But what should we expect when dealerships themselves do shady things all the time.

I worked at a small buy here pay here for quite some time. Had a shotgun pointed at me one time. 2 different people threatened to kill me as well

@eclewis1

3 ай бұрын

And that was probably just an average week, amirite?

The best thing about buy here pay here is I can resell the same car like 10 times. Every time they stop paying I repo it and get to sell it again.

Hoovie could have used a salesperson like this when he was a car dealer. ;-) Buy here/pay here is one excellent reason to keep your credit in good standing. In one way, they’re getting people into cars who just need something to get them through, and that’s understandable. But in another way, it’s as predatory as payday lending.

Any time someone came in to the no haggle pricing used dealer I worked at trying to get out of a buy here pay here car..it was bad news. Upside down by many thousands of dollars. They would be in something like an 06 Accord with 225k miles and every panel needed work. Tires bald, breaks squealing. worth 300 dollars at the junk yard and they owed 7k on it still.

Man... 23.9% interest? That's insane. I realize these are people who have risky credit, but that's still insane.

@eclewis1

3 ай бұрын

Same people get 29.9% interest credit cards with $500limits to "build their credit"...

My father owned a used car dealership and we did self financing buy here pay here. As a small child, growing up in this atmosphere was chaotic and insane. A lot of crazy stuff happens at a BH/PH

4:03 “Get her in a car” Never laughed harder and faster in my life.

I’ve seen streetwalkers get better compensation packages than this lady. Who was the sales manager? Iceberg Slim?

This was my exact first car loan experience 23.99 interest rate..at the time i didnt understand that I just knew im getting a vehicle thats in style and way newer than what I had previous.

My Gran Dad was a car salesman in Dallas, Arlington, Gainesville, Duncanville and Cedar Hill Texas for over 50 years. He was a pool hustler when he got married to my Gramma. He said it was a natural but safer progression from hustler to car sales. Can't have a family if your house may get shot up because of a pool game in Oak Cliff over the weekend. RIP Gran Dad.

Your credit is very important. If you promise to pay back a loan and don’t, you will pay back 100x more when you are desperate. $850 a month for a 2015 Volkswagen Passat with 105k miles sounds like a wonderful deal.

Am I the only one who thinks that she looks like Roseanne?

@andrewveatch2577

3 ай бұрын

My exact first thought.

@ChoppedSteak

3 ай бұрын

She sounds it too

@a34rwl

3 ай бұрын

Yes

@olikat8

3 ай бұрын

Weirdly, did you ever think the day would arrive that Roseanne looks better than Madonna? Neither 'excites' me, but lets face it- Madonna looks like Jigsaw

@ericervin4778

3 ай бұрын

@@olikat8 LOL. I know, right? And no, never thought I'd see the day.

Bet this lady would give Rabbit a run for his money.

It's not hard to sell 48 cars in a month when you're the only sales person on the lot😂. I changed locations with my Buy Here Pay Here dealership so I could be at a location that only had one other salesperson. Less competition, less split deals and I could still sell any car from any of the locations. I would consistently sell 40 cars a month, 50 on a really good month and 67 units was my best month during february (old tax month 28 days) I made more than any of the managers. Those were the days 🤑

"He wants to trade in his 2018 Toyota Tundra" then proceeds to show a picture of a Chevrolet 😂

Man those sweater muffins were on full display in the pic with the dog!

Typical dirty used car salesman tactics. 🤦‍♂️

Gotta love Vinwiki… lady talking about a Yuke mining truck (what does it look like?!?), while video shows a random, unrelated car lot.

@asdasd-ni8eg

3 ай бұрын

I was thinking the same think, seems a local term, as they must of been running a lot of euclid dump trucks. Makes sense. But a picture of the green bastards wouldve jogs my memory to the euclids a mate had a job they had a few.

High risk=high price. I wouldnt sell shit to these people because I have a high likelihood of being screwed.

PREACH! (@6:45 precisely) PPL like this lovely lady are a blessing. She made me realize something. I've Wrapped over 1,000 vehicles "on the clock", at $10/hr. Adds up to $40-$80/vehicle. Now I've sat here BROKE, with two broken cars, and I can't get to work. While my BOSSES pulled $1,000 - $$3,000/vehicle. I'll NEVER punch another clock.

My dad owned a used car dealership for almost 50 years and let me tell you, it can get wild!

Fun fact the truck she called a yewk is a term for Euclid haul truck

Ok is it bad that without looking I expected to hear Rabbit.

Gail and Rabbit need to do a segment together!

Buick Lasabre, Ford Fiesta, Mercury Tracer? Selling these cars should be crimimal. 😅😅😅

Being poor is expensive. I only ever buy cars in cash. If you cant afford to buy it in cash you just shouldn’t buy it.

Rosanne Barr sells cars? I was stunned that it wasn't actually her.

Girl! You are my fucking hero! (The $500 story! lol.)

Her and rabbit would be a fun listen

It happens at all price points!

Yeah she's a natural hustler. Keep that dealership far from me

23% interest is WILD!!! She should be in jail and the people that signed should be committed! WTF 🤦🏾🤦🏾🤦🏾

That 4runner owner got FLEECED. Sold for $28.5k, then they relist it for $44k. I don't get why he didn't go to a Toyota dealer like she said when they countered so low.

@CRAPO2011

3 ай бұрын

Didn't she say he had health issues , the dealer was probably close to his house and he just wanted to be done with it

@TheCobruhAlienat0r

3 ай бұрын

@@CRAPO2011I don't remember her saying that. I thought she just said that she asked him why he wasn't taking it to Toyota and he said that he preferred to deal with her.

@eclewis1

3 ай бұрын

Cash money green check right now versus a toyota dealer trying to sell him into a new vehicle... and then some other nimrod ended up paying $44k for it.

@CRAPO2011

3 ай бұрын

@@eclewis1 Well if he was gonna call around he could a done CARMAX , CARVANA

But where did the Audi lease video go?

@kaptinkeiff

3 ай бұрын

I suspect Audi probably sued or something?

@gickneorge

3 ай бұрын

@@kaptinkeiff I think they were exploiting a program in a way AUDI USA wasn’t happy about out and they got told to take it down.

Great episode

She seems like a real classy honest person.

@erraticengineering2487

3 ай бұрын

She represents every shady,greedy, sleezy used car salesman. Trash…

The Buy Here, Pay Here thing is getting ridiculous. It’s getting tough to even find a place that will sell you a car without financing. Those interest rates would make a loan shark blush.

as a person needing a car due to having a medically challenged toddler, a (later) ex wife who wouldn't hold a job, and much distance to travel for commuting, I ended up at a couple of these. I got lucky on I think the 3rd "buy here pay here" and was able to rebuild credit starting there. And then there's well, let's say its important to remember that an adult person's current situation is the result of all their life choices up to that point-unpopular opinion but even choosing one side of a coin flip is still a choice-and there are too many who'd rather pocket that coin and pretend they don't know where it went after the flip, and blame someone else when no one will flip a coin with them anymore.

I get back haul cars coming from up north coming back south that I cannot believe they are paying me to haul. They lose 5-10 lbs of rust on the trailer. I wouldn't give you what they are paying me for the car much less buy it too. In EVERY case they are going to some note lot thats going to patch it up and pass it on to some poor schlob.

23.9% is fucking crazy buying those cars with a credit card would be cheaper

Why was yesterday’s Audi video taken down?

@gickneorge

3 ай бұрын

My guess is- AUDI USA got big MAD.

@taylorfawcett7866

3 ай бұрын

@@gickneorge ya that’s my guess too

@EdBolian

3 ай бұрын

@@taylorfawcett7866 Very big mad

@eddiejaimess

Ай бұрын

@@EdBolianis there a trip load somewhere ?

Every dollar you got in the car is the down payment. Every weekly/monthly "payment" is pure profit.

I had dealers trying to move me towards cars that were utter wrecks and worthless for their price even when my credit wasn't bad. Low 700s and yet they still pushed 200k+ mile cars. Like, what?

@jblyon2

3 ай бұрын

I was with a friend car shopping once. They pulled up a 1 year old car with nearly 70,000 miles on it, 4 bald tires, and an interior already brown with nicotine stains. The windows were down and you could smell the stale smoke 30 feet away. Perfect credit, and he had the cash to pay if he wanted to, and that's what the bring out like it's the perfect car!

@---cr8nw

3 ай бұрын

You've got to walk in on a mission. You're looking for such and such kind of vehicle with such and such features. Know your price (not your monthly payment). Don't let them run numbers or ask questions about what you can or can't afford. If they're more concerned with selling you a payment than selling you the right car for you, it's time to head on down the road.

It’s truly disgusting what these buy here pay here dealerships do to people

"Okay but can he buy?" So real

Came back in a turtleneck 😂😂😂😂😂. Got em!

Wow. Way to confirm EVERY SINGLE NEGATIVE stereotype about car sales. Yikes.

Great story teller!

Sadly this really is what car sales is like. Literally 100% accurate

23% is why poor people stay poor and often default. It's an endless cycle.

@jimihendrix731

21 күн бұрын

Having a bunch of kids they can’t afford and spending money as fast as they make it is why poor people stay poor and why they’re multiplying.

Can someone please explain what exactly a “buy here, pay here” car lot is. Im sure its fairly simple but I couldnt find a clear definition anywhere. Is it just a cash only lot, no financing?

@bwofficial1776

3 ай бұрын

The dealership runs its own financing. You write your checks to the dealership instead of your bank or the manufacturer's financing. Buy here, pay here lots are almost always those little sketchy used car lots in lower income areas. They're notorious for high interest rates, crappy cars, and aggressive repossessions.

@erievon1

3 ай бұрын

Opposite. Finance only, no cash.

Makes me feel bad for the people who have to buy from scumbag pay here car lots.

Holy cow i thought I recognized the phone number, then realized it's a Wichita Kansas South Broadway business that was across from my parent's shop back in the day. Wild. BHPH is for a certain segment of society. It is wild to see them sell the same car multiple times a year lol.

We need more of her!

Fun times at the Lanford JD Byrider…

We got a place by us that get half the cars on their lot for dirt cheap with bad engines or transmissions. They actually put decent quality remanufactured engines or trans in, then sell them. I'm almost positive they use what they have in it as the down payment also. Seems like a weird business model to me, but they're able to guarantee the powertrain that way, where as if it was all original in a used car they couldn't.

If Rabbit was a woman, he'd be this one.

Imagine if her and rabbit had a baby… Oh, the stories!

Here before Ed deletes the video,like the Audi E-tron Deal from Yesterday

@VINwiki

3 ай бұрын

That one got really wild. We'll explain soon.

@deadmansfire

3 ай бұрын

@@VINwiki Can't wait. Hope you didn't lose your deal

@johnhufnagel

3 ай бұрын

@@VINwikisomething tells me Audi NA crawled up someone's output shaft like a hedgehog wrapped in a pinapple.

@alexsellscars

Ай бұрын

Which E-Tron video? The one where he announced he bought it?

@deadmansfire

Ай бұрын

@@alexsellscars There was a guy working at an Audi dealership that explained what the deal with the E-tron is,which is the reason Ed "bought" one. They removed the video for some reason, probably the guy got in trouble, there was huge interest in the deal.

Yall need to hook her up with Rabbit! Those two would have a blast together!

I didn’t know Roseanne sold cars

@Angotti16

3 ай бұрын

Rosanne Carr

@FATTONYKAUAI

3 ай бұрын

@@Angotti16 nice

What happened to the lease hack video?

Classic vinwiki these stories are the best

Cool video ! Good job !

23% interest rate! I’m I hearing this right? So 28,500 and selling for 43k all dealers are scams.

It’s not predatory lending if you sign you name on the dotted line. You have a need and they have a solution for you. Plain and simple. No different than payday loans

@Augie..

3 ай бұрын

Charging upwards of 20% on a vehicle is predatory, especially bc most people with NO credit get lumped into those. Payday loans are super predatory, 150% APR that’s designed to keep you in a hole you’re stuck in

@terryrds

3 ай бұрын

@@Augie.. You should lend them your money then. You seem to know better than most. 👍

@TheBrokenLife

3 ай бұрын

@@Augie.. Lending people money who have illustrated that they don't repay loans _is_ predatory, just in the opposite direction of what you think.

@chancock4222

3 ай бұрын

Umm...payday loans are literally predatory lending.

@chancock4222

3 ай бұрын

@@TheBrokenLifeNo kid, see, the loans are structured so that they are impossible to pay back. Therefore the debtor gets stuck in a cycle. They can't repay the loan. Their car gets repossessed. They need another car. So they have to go get another loan that is structured so it's impossible to pay back. That's why they're predatory. They are designed to ensure you never get out of this cycle so you have to keep paying interest in the 20% range.

car loans in general are usually a terrible idea... Buy here pay here lots take it to the extreme. Preying on the financially illiterate getting them to pay into these ridiculous length terms at insane interest rates where they end up spending 10x what the car is worth... Man if you can't afford the whole car upfront don't buy it. Owning it outright is just so much less hassle and you're not literally throwing money away

"Pay Day" Motors...breaks 2 ways in my mind.

The boob snippet made me bust up laughing.

I know where the chevy with the flames is, I pass it everyday going to work.

23.9% interest? Good grief and I thought I had it rough at 6.5% on my 2019 chevy that's also my first ever financed car.

This will be good! Hello and wish everyone a great day!