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The Water Cooler
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Car dealer rip off
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<blockquote data-quote="cowzrul" data-source="post: 1841263" data-attributes="member: 5353"><p>Thoughts and suggestions:</p><p></p><p>1) sit down and show her a budget with what she has done and let her realize she can't make it work or else she won't learn. Next it will be a CC maxed out.</p><p>2) Since it is financed the car will require full coverage so I would shop around for a cheap rate.</p><p>3) Go back to said dealership and explain the car will either be dropped off at their door step or else they can help negotiate a better rate for the girl.</p><p>4) If the above fails see below:</p><p>A) give car back and start her on a you life of potential bad credit</p><p>B) find somebody willing to co-sign, re-finance at a better rate, and add her to their insurance policy</p><p>C) find her a really good paying job</p></blockquote><p></p>
[QUOTE="cowzrul, post: 1841263, member: 5353"] Thoughts and suggestions: 1) sit down and show her a budget with what she has done and let her realize she can't make it work or else she won't learn. Next it will be a CC maxed out. 2) Since it is financed the car will require full coverage so I would shop around for a cheap rate. 3) Go back to said dealership and explain the car will either be dropped off at their door step or else they can help negotiate a better rate for the girl. 4) If the above fails see below: A) give car back and start her on a you life of potential bad credit B) find somebody willing to co-sign, re-finance at a better rate, and add her to their insurance policy C) find her a really good paying job [/QUOTE]
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