3 ms·

To add to the "likes a bargain" response, there are people that don't know they should haggle over price. I have an extended family member that walked into a d

To add to the "likes a bargain" response, there are people that don't know they should haggle over price. I have an extended family member that walked into a dealership, got a price quote and signed the dotted line - no haggling at all. They definitely got ripped off. To be fair, these people are entirely incompetent with money in general. But I imagine there are a good number of individuals that get totally screwed over without realizing it, effectively padding the bottom line of dealers.

ams6110 15y ago
The worst way naive buyers get screwed is by negotiating payment not price. The last few cars I've bought I found on Craigslist and bought from a private individual. Only way I'll do it from now on. I really see absolutely no value that a dealership brings to the transaction.
- dedward 15y ago
  payment, not price? so were not talking about people buying cars, were talking about banks jbuying cars for people and expecting interest on top. now i see why this is. onfusing. why would you ever buy a car on anything but price? if you have to borrow for it swallow your ego and buy something you canafford..... simple.
  - sokoloff 15y ago
    That's just it. In many people's minds, if the bank or manufacturer-affiliated financing arm will loan them the money, then that fact tells them that they CAN afford it, and they get an ego stroke for having been such a wise consumer, manager of credit, and provider for their family. Same exact facts, opposite conclusion to your line of thinking. (I agree with you, in case it wasn't obvious.)
dedward 15y ago
in your view theygot ripped off. in eir view, they were happy with what they got forthwir money, hence not ripped off. a rich man can buy a persian rug for thousands of dollars and behappy he did. a poor student cabuy samerug for 50 bucks and be happy with his negotiating skills. the guy who sold the rugs is happybeause hesold teo rugs. for the record, i dislike how carsare sold as wel...... but in the end, it should beas simple as making your choices wisely.
- polyfractal 15y ago
  These people are well over $80k in debt, have defaulted on their debt once in the past and could probably be featured on the "Hoarders" show. No, they were ripped off. They walked into a dealer and bought an overpriced car with no haggling. To make the story even better, the car had illegally tinted windows (driver's windows were tinted past what my state allowed). After getting pulled over and a ticket, they paid out of pocket themselves to get the windows fixed...instead of demanding the dealer does it. Some people are just horrible with money.
- Drbble 15y ago
  I think you are being downvoted in this thread because either you or your input device is horribly mangling your words.

ams6110 15y ago

The worst way naive buyers get screwed is by negotiating payment not price. The last few cars I've bought I found on Craigslist and bought from a private individual. Only way I'll do it from now on. I really see absolutely no value that a dealership brings to the transaction.

dedward 15y ago
payment, not price? so were not talking about people buying cars, were talking about banks jbuying cars for people and expecting interest on top. now i see why this is. onfusing. why would you ever buy a car on anything but price? if you have to borrow for it swallow your ego and buy something you canafford..... simple.
- sokoloff 15y ago
  That's just it. In many people's minds, if the bank or manufacturer-affiliated financing arm will loan them the money, then that fact tells them that they CAN afford it, and they get an ego stroke for having been such a wise consumer, manager of credit, and provider for their family. Same exact facts, opposite conclusion to your line of thinking. (I agree with you, in case it wasn't obvious.)

dedward 15y ago

in your view theygot ripped off. in eir view, they were happy with what they got forthwir money, hence not ripped off. a rich man can buy a persian rug for thousands of dollars and behappy he did. a poor student cabuy samerug for 50 bucks and be happy with his negotiating skills. the guy who sold the rugs is happybeause hesold teo rugs. for the record, i dislike how carsare sold as wel...... but in the end, it should beas simple as making your choices wisely.

polyfractal 15y ago
These people are well over $80k in debt, have defaulted on their debt once in the past and could probably be featured on the "Hoarders" show. No, they were ripped off. They walked into a dealer and bought an overpriced car with no haggling. To make the story even better, the car had illegally tinted windows (driver's windows were tinted past what my state allowed). After getting pulled over and a ticket, they paid out of pocket themselves to get the windows fixed...instead of demanding the dealer does it. Some people are just horrible with money.
Drbble 15y ago
I think you are being downvoted in this thread because either you or your input device is horribly mangling your words.