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BettyWow · 08-14-2012, 12:50 AM

They don't care, ive used Carmax and Mercedes finance. Club signed off on income. For renting homes too, plus I didn't show taxes or bank statements. Plus I know some hood deals any car u want.

LexusLover · 08-14-2012, 03:46 AM

Quote:

Originally Posted by trynagetlaid

Tote-the-note lots are the biggest ripoff in the world. If you ever do get a car with free and clear title from one of them you will have paid 10X more than it's worth.

And .... often those vehicles do not have a "clear" title in the first place ... these lots often do not change the title (leave it open) to their names when they come in ... and even when they get them at auction they don't have a clear title when the vehicle gets to their lot.

Get the VIN and do a search ... Carfax ... and if you are looking for one seriously sign up for a package of five searches and save yourself some money.

http://www.carfax.com/entry.cfx

LexusLover · 08-14-2012, 03:54 AM

Quote:

Originally Posted by MrWhite

If you need a check stub and a company or business that is verifiable I can help you out no problems. Just let me know what amount of income you want to make and a company name ect, ect and I can have you a check stub via email in a few days.

.................. not cool .... at all ......

http://www.irs.gov/newsroom/article/...112507,00.html

oilfieldscum · 08-14-2012, 07:45 AM

Quote:

Originally Posted by LexusLover

One might want to look into the $10,000 cash transaction reporting ... I believe it is lower now, like $5,000. But, it's real simple. Payments.

Quote:

Originally Posted by Pepeeltoro

To 8 k

It is any transaction over 10k according to the IRS....

http://www.irs.gov/businesses/small/...148821,00.html

LexusLover · 08-14-2012, 08:19 AM

Quote:

Originally Posted by oilfieldscum

It is any transaction over 10k according to the IRS....

http://www.irs.gov/businesses/small/...148821,00.html

Might one to look more critically ...

.. includes related series of transactions that equal 10 k or more.

Also, the IRS is just one player in the scenario and one branch of Treasury.

Trey · 08-14-2012, 08:27 AM

I don't know what any of that matters. This chick ain't got that kind of money. Most she has is 4000 if she had more I doubt we would be talking about her need of dealership that would work with her.

LexusLover · 08-14-2012, 08:37 AM

Quote:

Originally Posted by trey

...her need of dealership that would work with her.

Almost all will "work with her" ... but I imagine it will depend on whether or not she ..

.. will "work with them"!

And she probably needs to define ... "work with me" ... and not in an open forum.

Brooke Wilde · 08-14-2012, 10:09 AM

Quote:

Originally Posted by trynagetlaid

Tote-the-note lots are the biggest ripoff in the world. If you ever do get a car with free and clear title from one of them you will have paid 10X more than it's worth.

I wouldn't call this place a rip off, everything is clearly spelled out and the finance terms are only around 24-30 months, so it’s far from forever, although no disagreement about the higher interest. But then again they are taking a much higher risk and are financing people who generally fuck up, but when it comes down to it, its no different then Wal-Mart versus Walgreens. I always pay 2 to 3 times more for a product at Walgreens then I pay for it at Wal-Mart because it is a convenience, yet I never feel ripped off because I know what I am getting into and it is my choice.

Guest071514-1 · 08-14-2012, 10:18 AM

Quote:

Originally Posted by trynagetlaid

Tote-the-note lots are the biggest ripoff in the world. If you ever do get a car with free and clear title from one of them you will have paid 10X more than it's worth.

You girls make $150-200 an hour. Just save up $5K-$8K and pay cash for a good used car on Craigslist. You can easily find a guy friend who knows about cars to go along and make sure it's mechanically sound.

I agree, and think I will go to the auction

trynagetlaid · 08-14-2012, 10:28 AM

Quote:

Originally Posted by Brooke Wild

I wouldn't call this place a rip off, everything is clearly spelled out and the finance terms are only around 24-30 months, so it’s far from forever, although no disagreement about the higher interest. But then again they are taking a much higher risk and are financing people who generally fuck up, but when it comes down to it, its no different then Wal-Mart versus Walgreens. I always pay 2 to 3 times more for a product at Walgreens then I pay for it at Wal-Mart because it is a convenience, yet I never feel ripped off because I know what I am getting into and it is my choice.

I wouldn't classify the place you recommended as a true tote-the-note lot. They say 'financing available on selected vehicles'. A true tote-the-note lot wants you to finance through them, with a payment due every two weeks, and if you are one day late they will repossess. They even install GPS locators and remote fuel shutoff devices to make location and repossession easier.

I see no problem with the OP buying from a reputable used car dealership like the one you recommended, but I sense she might not have income tax returns or a verifiable source of income. Tote-the-note lots don't check any of that. They want you to fuck up and miss a payment because that's how they get rich - by selling the same car 3 or 4 times.

And since you mentioned Walgreen's vs. Walmart, there's a Walmart ad running right now. You are not paying 2-3X as much at Walgreen's. Hope that makes you feel better.

LexusLover · 08-14-2012, 01:42 PM

Quote:

Originally Posted by trynagetlaid

.. and if you are one day late they will repossess.

They want you to fuck up and miss a payment because that's how they get rich - by selling the same car 3 or 4 times.

The used car dealers with which I am familiar don't really want their inventory back, they want it turned over quickly, and their money invested in the unit back ASAP. They do keep track of the customers and their inventory once they have sold the vehicle, and they do repo due to late payments, but it has to be more than a day.

I would say the greatest issue will be titling when it is paid off or refinanced, and I would also say that are not what I would consider ... "provider friendly"!

Trey · 08-14-2012, 01:49 PM

Quote:

Originally Posted by bustyamy

I agree, and think I will go to the auction

Do not go to the auction. This is a bad idea, even worse as I'm sure you don't know a ton about cars. I just went to two dealer auctions and saw no great prices the guy told me I would get a car at 1/3 the price but the dealers bid the cars up so high at best you get 1k off. Then you only have like 15 seconds to look at the car and you have to fight for that time. They drag anything another dealer couldn't sell out there some wouldn't even run they pulled it in with a forklift. I know a lot will sell as is too but at least you get more time to look and research the car.

tikkler33 · 08-14-2012, 03:54 PM

There is another option: barter.
Let's see, a $10,000.00 used car
Sessions at $200 each
One session per week
50 weeks X $200 each= $10,000.00

Find a barter friendly dealer and give him a freebie each week, and your car is paid off in a year.
Or, you could give two sessions each week and get a $20,000.00 car.
Damn, the possibilities are endless.

LexusLover · 08-14-2012, 04:03 PM

Quote:

Originally Posted by tikkler33

50 weeks X $200 each= $10,000.00

Regular Maintenance Plan = gfe
Regular Maintenance Plan + 50% Warranty = pse
Regular Maintenance Plan + 100% Warranty = pse + greek.

Eccie Addict · 08-14-2012, 04:10 PM

Quote:

Originally Posted by tikkler33

There is another option: barter.
Let's see, a $10,000.00 used car
Sessions at $200 each
One session per week
50 weeks X $200 each= $10,000.00

Find a barter friendly dealer and give him a freebie each week, and your car is paid off in a year.
Or, you could give two sessions each week and get a $20,000.00 car.
Damn, the possibilities are endless.

Someone always feels like they are getting screwed and not in a good way. A lot can happen in 50 weeks

It's nowhere near as simple as some have claimed but there is some very very good advice which for the most part should be common sense.

Now if I had a car already I would simply concentrate on getting it taken care of and paid off if it isn't already. That way you don't owe anyone a damn thing and can actually save a little money. A car is a tool not an investment. It should make you money not you work to pay for it and that's it. Do not buy a new car simply because you want to.