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Buying a Car During the Credit Crunch

343 messages,  Last post on Nov 14, 2008 at 5:59 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying, Car Financing, Car Leasing


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#298 of 343
Re: Buying 2 Cars [andre1969] by kdhspyder
Nov 01, 2008 (10:19 am)
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Replying to: andre1969 (Nov 01, 2008 5:40 am)

They took the trade out of the deal and sold the vehicle to CarMax for $1500-ish I believe. I had to switch them to another lender because the first app that went in had a bogus income on it. Lenders are becoming sticklers for apps and stips that don't jive.
#299 of 343
Re: Buying 2 Cars [kdhspyder] by joel0622
Nov 01, 2008 (10:27 am)
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Replying to: kdhspyder (Nov 01, 2008 10:19 am)

Lenders are becoming sticklers for apps and stips that don't jive.
 
Ya that whole giving correct information is a real bitch some times.
#300 of 343
Re: Buying 2 Cars [joel0622] by fezo
Nov 01, 2008 (10:30 am)
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Replying to: joel0622 (Nov 01, 2008 10:27 am)

Correct information? Picky. Picky. Picky....
#301 of 343
Re: Buying 2 Cars [kdhspyder] by mikefm58
Nov 01, 2008 (12:54 pm)
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Replying to: kdhspyder (Nov 01, 2008 10:19 am)

Lenders are becoming sticklers for apps and stips that don't jive.
 
That might happen for an auto loan, but never for something significant like a mortgage. Wouldn't THAT be stupid!
#302 of 343
my wife just got a letter... by explorerx4
Nov 01, 2008 (2:40 pm)
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good for 40k from fmcc through the end of the year.
she wants an escape hybrid and there aren't any of those to be found around here.
#303 of 343
Re: Mazda Credit Corporation - Unethical Practices [dfz1] by nippononly
Nov 01, 2008 (6:13 pm)
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Replying to: dfz1 (Nov 01, 2008 9:11 am)

One thing you don't ever want to do is cross Mazda Financial. They are without a doubt the meanest, most awful SOBs in the car financing biz today.
 
And I see from your story that they even treat people who have done nothing wrong that way. I have had a few friends who won't make the mistake twice of financing a vehicle through Mazda. It is sort of like the Discover Card of the auto finance world.
#304 of 343
Re: Mazda Credit Corporation - Unethical Practices [nippononly] by explorerx4
Nov 01, 2008 (6:18 pm)
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Replying to: nippononly (Nov 01, 2008 6:13 pm)

not really, more like the "what's in your wallet cards'.

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