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I saw a tv add that said you could get a new car for 88 dollars down and 88 dollars a month. I know its a scam but couldn't read the small print..Anyone know more about this con. Im curious.thanks
Yet another poster who needs to look up "scam" and "con".
its usually 88 dollars down and a whopper of a monthly payment or 88 dollars a month and a whopper of a down payment. generally its not both together.
like the ole no credit application refused. thats correct they will accept your application when you get there but that doesnt mean your getting credit from them either.
I saw a tv add that said you could get a new car for 88 dollars down and 88 dollars a month. I know its a scam but couldn't read the small print..Anyone know more about this con. Im curious.thanks
Stuff like that is only if you have an immaculate credit score like 1,000. No one has that. Either that or its some junky barely running old Falcon with a million miles...with interest rates at 30.0.....
I saw that same commercial on tv and then went on line to find it. It said 88 down,88 a month and for 88 months. That you could get a new car with bad or no credit at all. If this is true then I believe it would help so many who want cars and can't afford to get one or credit is so bad they couldn't qualify.
I saw that same commercial on tv and then went on line to find it. It said 88 down,88 a month and for 88 months. That you could get a new car with bad or no credit at all. If this is true then I believe it would help so many who want cars and can't afford to get one or credit is so bad they couldn't qualify.
I saw that same commercial on tv and then went on line to find it. It said 88 down,88 a month and for 88 months. That you could get a new car with bad or no credit at all. If this is true then I believe it would help so many who want cars and can't afford to get one or credit is so bad they couldn't qualify.
Most of those people who cannot buy a car "the conventional way" should not be buying a car at all. They're not smart enough to realize that they're literally walking into a financial trap.
Unless there is something like a $10,000 downpayment required, $88 per month - for any new car - simply does NOT pan out. At the VERY best, the people who get sucked into that, are going to end up with a 5-year old car that they still own $15,000 on.
An ancillary question, about fine print. Does that fine print flashing for a split second at the bottom of the TV screen constitute a legal notification of the terms, so that in litigation, the advertiser can use it as evidence that the consumer was made aware of the terms?
What is the "reasonable man doctrine" on this? Is a reasonable man capable of reading and understanding the subliminal flash of information? Has a "reasonable man" been properly notified of the side effects of medication by being told to "See our ad in Golf Digest"?
It means $88.00 down and $88.00 payments until the end of the contract period, then one gigantic balloon payment. Read the fine print.
BINGO, wit-nit . . . that's probably The Catch.
Either that or the Goons in Washington are now selling / financing vehicles.
With the price of new vehicles nowadays, I doubt if 88 bucks a month would even keep up with the interest accrual.
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