Anyone know.
2006-07-22 21:54:37 · 4 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
A scam, you pay a lot of interest for car without that value and that can be repossessed any minute you are late in the payment.
The best thing is to save some money, like 5000 dollars and buy a cheap reliable car with with, you can do it.
Also some people is to blame because a lot of time want cars they cannot afford and believe they can make a monthly payment and don't think about insurance and maintenance.
2006-07-23 06:41:10 · answer #1 · answered by wazup1971 6 · 0⤊ 0⤋
It's an opportunity to buy a car when your credit sucks with little down payment. Most will warranty there cars for 30 days, but be careful make sure you get that in writing and don't miss a payment.
2006-07-23 06:50:17 · answer #2 · answered by bbbandit 2 · 0⤊ 0⤋
Its a scam for people who dont have much money so used car dealers can sell a piece of crap and keep charging for it without doing any warranty work and steal it back if you miss a payment
2006-07-23 05:05:36 · answer #3 · answered by 1crazypj 5 · 0⤊ 0⤋
on top of what the other two said [all true] the" actual" interest rate you pay is usually more than 30 percent.
2006-07-23 08:19:24 · answer #4 · answered by hobbabob 6 · 0⤊ 0⤋