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To those who have sold cars or worked in finance, what is is the biggest sign that you have no deal?
5 Answers
- ElGrandeLv 74 years agoFavorite Answer
Oh, jeez... several come to mind, and these are all based on real-world examples I witnessed:
1) People who flex their "credit muscles" after barely being approved on a $8000 vehicle, then demanding that I try to get them approved on a $45K vehicle. (With the same payment, of course!)
2) After being told that a lender will approve a deal with $2500 down, being told by the customer that it'll "take a few months" to save that up.
3) Seeing a deal die immediately when a credit score in the low 400s came back, along with a warning due to "several aliases".
4) The same person above trying to use a co-signer with a score in the 500s, getting denied, then coming back with yet another person to try... with a score in the 500s.
5) Getting a callback from a local lender (a credit union I once used on high-risk deals) and having the banker laugh at me before I even said "Hello".
6) Having a know-it-all customer tell me he can get a hot seller for "thousands off" at another local dealer, when that same dealer faxed me an offer for the car at $2000 ABOVE sticker.
7) Getting my foot run over by a potential customer when he pulled onto the lot, asked about a specific color, then was told we don't have it. Yes, this actually happened.
8) Being told by a customer that they were just denied by Hyundai. Back in the day, this meant you had HORRIBLE credit.
I could go on.
Usually, customers were hesitant to admit they had bad credit... they thought that in the 30 minutes since they were denied by the last dealer, that their score would magically fix itself.
- KayleenRLv 74 years ago
Before any one buys a car off me I google their name. Also I do a credit check on them
- Anonymous4 years ago
Hmm! Credit?
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- TheRealLv 64 years ago
My personal favorite: "What are my bi-weekly's, with the late fee, on this new Charger?"
Source(s): 17 years retail auto sales experience.