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#334 of 344 Of course it varies.
Jun 30, 2010 (6:11 pm)
In the Baltimore area, mainstream dealers (those that have multiple stores and haven't gone bankrupt) are still chugging along. BHPH lots haven't advertised much, if at all, since late 2008/early 2009. Small, corner or storefront BHPH lots still operate. I'm assuming that inexpensive cars, word-of-mouth, and/or strategic alliances with a consumer group, such as a warehouse club or credit union, keeps 'em running.
#335 of 344 Re: TV ads [kirstie_h]
Jun 30, 2010 (8:40 pm)
I see the same thing......seems a lot of dealers only advertise "we can get you a loan, even if you've been turned down elsewhere".
The other ones I get a kick out of are the "Only $99 per month gets you in a brand new XXX of your choice". Of course the fine print at the bottom of the screen says "With $15,000 down payment plus, plus, plus".....
I guess some people fall for that, cause the ads keep on rolling...
#336 of 344 Used car market..
by kyfdx HOST
Jul 01, 2010 (7:15 am)
..is hurting BHPH dealers more than the lack of sub-prime credit.... Used car prices are high..
BHPH dealers are selling financing, really... But, they still have to have a car with loan value to complete the deal..
#337 of 344 Re: TV ads [kirstie_h]
Jul 01, 2010 (12:29 pm)
..if you make at least $200/week atyourparttimeMcDonald'sjobandstillliveathomewithyourwealthyDadwho'saventurecapi- talistandMomwho'sanOscarwinningactressandsupermodelandgetthembothtocosign YOU'RE APPROVED!!!
#338 of 344 Re: TV ads [jwilliams2]
Jul 01, 2010 (12:32 pm)
Yeah, it's $99 A month! The following 71 months it's $500!