Hm, this seems like it's too good to be true

"CB" (jrcb) 12/06/2018 at 17:49 • Filed to: Stealerships

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There’s no way this can be free money.

Yup, there we go. I think that’s biweekly, too. Depending on your interest rate, it could  be a good deal, but I’m betting that it’s not.

jasmits > CB 12/06/2018 at 17:59

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And you probably get jack if you want to pay cash and not utilize Ford’s in-house financing. They push that shit like crazy, in fact they pushed me straight out the door with it!

farscythe - makin da cawfee! > CB 12/06/2018 at 18:04

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hey

could you muricans please stop getting loans for everything before you crash the market again?

k?

tnx bai

CB > farscythe - makin da cawfee! 12/06/2018 at 18:06

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I’m not American.

farscythe - makin da cawfee! > CB 12/06/2018 at 18:09

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ah.. well shit

sorry to offend

CB > farscythe - makin da cawfee! 12/06/2018 at 18:12

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Nah, all good, bud.

Chariotoflove > farscythe - makin da cawfee! 12/06/2018 at 18:20

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Hey!, I resemble that remark!

Tristan > farscythe - makin da cawfee! 12/06/2018 at 18:36

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Only thing I owe money on is muh house! I have made questionable decisions in the past, though. Like going to college on credit with no idea what I was doing... $40k in debt by the time I was 22 with a 2.0 GPA and nowhere near a degree. Kids, don’t go to college.

nermal > CB 12/06/2018 at 18:37

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Looks like they’re assuming bi-weekly payments.

According to my math, $32 bi-weekly for a $5k loan works out to 2% interest on a 7 yr loan and 5.25% on an 8 yr loan.

They also have a truck in the ad for $37,999 or $269 bi-weekly. That works out to 5% interest on a 7 yr loan and 8% on an 8 yr.

Highlander-Datsuns are Forever > farscythe - makin da cawfee! 12/06/2018 at 18:37

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I might need a loan to buy my next mountain bike.

https://www.specialized.com/us/en/mens-s-works-epic/p/154349?color=239063-154349

$10,020 USD.

The Dummy Gummy > farscythe - makin da cawfee! 12/06/2018 at 18:38

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Pret ty naive if you think it’s only happening in America.

farscythe - makin da cawfee! > Tristan 12/06/2018 at 18:39

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i have no debt.. none.. nada.. zip

i also have no college education or any degrees.... just certificates, diplomas and a steady hand (that last one is wierd... im shakey as fuck... untill i hold a welder or a pencil... then im solid)

nermal > farscythe - makin da cawfee! 12/06/2018 at 18:39

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This is a Canadian dealership and the $$$ is Canadian, not US.

If too many people hit a moose on the way to hockey practice in their new trucks with 96 month loans and $5k shopping spree cash-outs attached to them, then the world economy may be in jeopardy .

The Dummy Gummy > Tristan 12/06/2018 at 18:39

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Kids, don’t go to college.

Kids don’t squander an expensive oppor tunity.

farscythe - makin da cawfee! > Highlander-Datsuns are Forever 12/06/2018 at 18:41

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damn *drools* thats a nice bike

CB > nermal 12/06/2018 at 18:42

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Huh, interesting.

farscythe - makin da cawfee! > The Dummy Gummy 12/06/2018 at 18:42

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i just like blaming you guys :)

and tbh... you are worst than most

but yeah.. happens everywhere

farscythe - makin da cawfee! > nermal 12/06/2018 at 18:43

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yeh he already said

cant let facts get in the way of me blaming americans tho

:p

Tristan > The Dummy Gummy 12/06/2018 at 18:46

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Touche. I mean it in the same way I’m against “rock the vote” and other such nonsense. If you’re concerned with politics and you’re educated with how the system works, vote. If MTV telling you to vote during Teen Mom is the only reason you even know there’s an election, stay home. If you’re an average student but you’re good with your hands and haven’t figured out what to do with your life yet, don’t take out tens of thousands of dollars to go to a university. Despite what the guidance counselor says, “go to college” isn’t always the answer.

Spamfeller Loves Nazi Clicks > farscythe - makin da cawfee! 12/06/2018 at 18:57

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Too late for that. We’re just waiting to see how bad it is this time.

farscythe - makin da cawfee! > Spamfeller Loves Nazi Clicks 12/06/2018 at 18:59

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yeah..... its gonna suck

really hope i have a proper contract by then.... jobhunting when the markets fucked sucks

Spamfeller Loves Nazi Clicks > farscythe - makin da cawfee! 12/06/2018 at 19:08

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One of the reasons I’m hoping to get things settled with a prospective before EOY. It’s a place that I liked before, folks I know I like working with, work I like doing, and more importantly? Not likely to collapse when the bubble bursts.

farscythe - makin da cawfee! > Spamfeller Loves Nazi Clicks 12/06/2018 at 19:09

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good luck :)

if i make it to march before getting laid off im probably golden.... thats when busy season starts

RPM esq. > farscythe - makin da cawfee! 12/06/2018 at 19:10

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Too late.

The Dummy Gummy > farscythe - makin da cawfee! 12/06/2018 at 19:28

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Ha, yea... worse than most kind of happens when you’re a first world country, but the US is  barely in the top 10...

https://www.businessinsider.com/these-are-the-countries-with-the-biggest-debt-slaves-2017-1

farscythe - makin da cawfee! > The Dummy Gummy 12/06/2018 at 19:45

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dept to gdp is a little misleading tho... im pretty sure you guys are number one when it comes to credit card culture

but fair play to ya... you win that round :)

The Dummy Gummy > farscythe - makin da cawfee! 12/06/2018 at 19:58

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High incomes comes with higher debt which is why it’s used as a metric.

I like cars: Jim Spanfeller is one ugly motherfucker > CB 12/06/2018 at 20:38

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Add $32 to get 5k off... Let’s see, assume payments every two weeks, so 26 per year, assume 7 year financing, so 182 payments, that’s $5824 over the life of the loan. I’ll have to pass thanks

BaconSandwich is tasty. > CB 12/06/2018 at 22:05

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Is there ever anything coming from a dealership which is truly "free"?

CB > BaconSandwich is tasty. 12/06/2018 at 22:14

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As someone who is planning on getting a million and a half things dealt with on my vehicle? No.

facw > I like cars: Jim Spanfeller is one ugly motherfucker 12/07/2018 at 00:46

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I mean, that’s not a bad interest rate at all. The real problem comes when give a worse deal on the car or on trade ins , and assume (probably correctly) people will accept that because they are excited to get this money that feels basically free.

Longtime Lurker > BaconSandwich is tasty. 12/07/2018 at 11:48

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Sass and attitude.