Honda Agrees to $25 million Settlement for Widespread Discrimination Against Blacks (Hispanics, ratings)

[dsjj251]

so many people defending discrimination that it is sad.

[eddiehaskell]

Originally Posted by The Dark Enlightenment

If the dealer offered 2.25% less markup there would have been nothing to negotiate. 2.25% was the maximum amount of leeway Honda allowed the dealers to fiddle with after they set the basic rate according to the customers credit rating. Negotiating for as small a share of the 2.25% as possible was the goal of customers and whites did that a little better than non-whites on average.

That's how I assume this worked. I wonder if this means those that do their due diligence won't get as good of deal because now everyone regardless of negotiating skill has to get a good deal. A dealership may be able to give some that 2% rate if they can make up for it with others simply accepting the initial 4% offer.

[dsjj251]

Originally Posted by The Dark Enlightenment

If the dealer offered 2.25% less markup there would have been nothing to negotiate. 2.25% was the maximum amount of leeway Honda allowed the dealers to fiddle with after they set the basic rate according to the customers credit rating. Negotiating for as small a share of the 2.25% as possible was the goal of customers and whites did that a little better than non-whites on average.

Your assumption is based on your opinion of what you think might have happened, but there is no evidence at all the back up your claim.

There is however evidence to show that people didnt start off at a level playing field.

If your interest rate starts off at lets say 8%

Mine at 10.25 and we both negotiate down 4% to 4 and 6.25

you are no better of a negotiator than I am, you just started off at a better position.

[dsjj251]

Originally Posted by JackSmith From San Antone

Assuming that you own at least two pairs of pants/jeans, you discriminate everyday when you choose which one to put on.

nope, put them on by the reverse order they came out of the laundry.

but even if I did have a favorite pair, you realize your point would still be invalid right ????

[mtl1]

Originally Posted by silverkris

Ensuring that black people get fairly treated does not mean white people get the shaft. It's not a zero sum game here.

Really, you are embarrassing yourself with that twisted point of logic.

You are just word vomiting as progressive libs often do. If on average more white people earned better credit and negotiated a better deal and blacks did not and you reward blacks the same anyway, you have created an unlevel playing field. You now have no incentive for whites to work toward earn something that the government gives away unearned. And you have not offered equal protection to the whites who did not negotiate a lower rate. Then you have falsely tainted a business.

This is enabling failure, discouraging efforts toward achievement and besmirching others for nothing other than holding a fair competition.

Prove that all blacks were offered a higher interest rate than all whites were offered.

[eddiehaskell]

Originally Posted by dsjj251

Your assumption is based on your opinion of what you think might have happened, but there is no evidence at all the back up your claim.

There is however evidence to show that people didnt start off at a level playing field.

If your interest rate starts off at lets say 8%

Mine at 10.25 and we both negotiate down 4% to 4 and 6.25

you are no better of a negotiator than I am, you just started of at a better position.

If Honda simply didn't let blacks negotiate down to the same rate as whites - that's a different story. I do wonder what incentive Honda would have to let whites have a lower rate - money is money right? If you're a business, a dumb white is just as valuable as a dumb black.

[dsjj251]

Originally Posted by eddiehaskell

If Honda simply didn't let blacks negotiate down to the same rate as whites - that's a different story. I do wonder what incentive Honda would have to let whites have a lower rate - money is money right? If you're a business, a dumb white is just as valuable as a dumb black.

Honda allowed the policy to exist, they werent the ones implementing it. The individual dealerships are the ones who are more so at fault, but Honda actually handles the financing so thats why they get called out here.

[mtl1]

Originally Posted by eddiehaskell

If Honda simply didn't let blacks negotiate down to the same rate as whites - that's a different story. I do wonder what incentive Honda would have to let whites have a lower rate - money is money right? If you're a business, a dumb white is just as valuable as a dumb black.

Progressive libs: Even if hypothetically blacks destroy their vehicles and don't pay off their loan, they must still be given a loan and at the same interest rate as people who are more likely to take care of their vehicle and pay their loan. Blacks MUST have the same outcome as whites no matter what!

[mtl1]

Originally Posted by dsjj251

Honda allowed the policy to exist, they werent the ones implementing it. The individual dealerships are the ones who are more so at fault, but Honda actually handles the financing so thats why they get called out here.

Most all auto manufacturers and their dealers use negotiating on sales. The idiotic racist government has no business meddling in the car business.

[eddiehaskell]

Originally Posted by dsjj251

Honda allowed the policy to exist, they werent the ones implementing it. The individual dealerships are the ones who are more so at fault, but Honda actually handles the financing so thats why they get called out here.

Perhaps individual dealerships recognized that their average black customer wasn't as intelligent? It's really no different than a business trying to make more money off stereotypical dumb blondes like the girl from the movie Clueless.