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  1. Member
    Join Date
    Sep 2004
    Location
    Murray Kentucky
    Posts
    41,351
    #21
    Good for you and your grandson, kids needs help sometimes especially in this day and time, thanks grandpa for stepping up and so glade he wasn't hurt in that roll over!

  2. Member dean c's Avatar
    Join Date
    Jun 2005
    Location
    Humble Texas not in moms basement
    Posts
    24,599
    #22
    Quote Originally Posted by RangerRodney View Post
    Good for you and your grandson, kids needs help sometimes especially in this day and time, thanks grandpa for stepping up and so glade he wasn't hurt in that roll over!
    +1

  3. Member Coastal Mountaineer's Avatar
    Join Date
    Apr 2019
    Location
    Roanoke, VA
    Posts
    1,074
    #23
    Yes, it's good to help our kids and your heart's in the right place. Now, make sure your grandson has full coverage from a reputable insurer and lists you as an Additional Insured.
    2020 Ranger VS1782 DC
    Mercury ProXS 150
    Garmin 106 Ultra/UHD 93sv
    Ulterra Quest, 115/90

  4. Member
    Join Date
    Nov 2004
    Location
    Indiana
    Posts
    6,402
    #24
    Congratulations on the new car. If the deal works for you 2 that's all that matters.

  5. Member
    Join Date
    Jun 2019
    Location
    Greenville, SC
    Posts
    10,221
    #25
    I would be watching him like a hawk if he has bad credit and you co-signed to insure he stays current with the payments or your credit will take the hit.

  6. Member
    Join Date
    Aug 2013
    Location
    Wellsboro,PA
    Posts
    10,540
    #26
    I gotta a better rate on my boat lol
    I wont do a car loan over 2% lol
    2020 Skeeter ZX150

  7. Member
    Join Date
    Mar 2015
    Location
    Columbiana AL
    Posts
    4,854
    #27
    The winner in this situation is your grandson because he has you.

  8. Member
    Join Date
    Apr 2018
    Location
    Windham,NH
    Posts
    3,751
    #28
    Co signing brings the points up.

  9. Member Sunkist's Avatar
    Join Date
    Oct 2012
    Location
    Siler City, NC
    Posts
    3,629
    #29
    OMG

  10. Banned
    Join Date
    Jul 2011
    Location
    Kearney, MO
    Posts
    7,019
    #30
    Quote Originally Posted by SAL man View Post
    . Closed the deal at 5.1%

    Winner Winner Chicken diner, and an extended warranty
    Seen the same thing posted on CSC (Car Salesman Central) the title was not the same?

    JK - Nice of you - hope he pays otherwise it's your loan and thanks to whoever got the military discount for their service!

  11. Member
    Join Date
    Nov 2011
    Location
    Centerville Ohio
    Posts
    11,967
    #31
    All that matters is your happy with the deal. Congrats on the new vehicle

  12. Member wareagle24's Avatar
    Join Date
    Aug 2009
    Location
    Florence, Al.
    Posts
    16,590
    #32
    I still want to know how the salesman was dumb? I just don't understand that part.

  13. Ya, I Live on Rainy Lake! basscla's Avatar
    Join Date
    Feb 2005
    Location
    Rainy Lake. Intl Falls, MN
    Posts
    31,122
    #33
    Congrats on the new car

  14. Member Especial Bryanmc57's Avatar
    Join Date
    Aug 2004
    Location
    Mineola, TX
    Posts
    16,722
    #34
    As long as he's happy that's all that matters. I swear, somebody here could win the lottery and some guys would post "Well, you'll have to pay taxes on that you know".


    Honora Primum Vel Nullum Omnin Honorem

  15. Banned
    Join Date
    Jun 2004
    Location
    Waterloo,Wisc
    Posts
    42,375
    #35
    Quote Originally Posted by Bryanmc57 View Post
    As long as he's happy that's all that matters. I swear, somebody here could win the lottery and some guys would post "Well, you'll have to pay taxes on that you know".
    Isnt that the truth If you dont have the privilege of being married to a ball busting wife all you have to do is take your chances here.

  16. Member Mike Daleo's Avatar
    Join Date
    Jun 2004
    Location
    Shelbyville, KY
    Posts
    16,336
    #36
    How does the sales man determine your interest rate? He is not the bank. Sounds like he sold a car.

  17. Member
    Join Date
    May 2014
    Location
    Poplar Bluff, Missouri
    Posts
    729
    #37
    I always advise against financing through the new car store. If you want to sell that car, getting the lien release can be a nightmare. They want you locked in. Easier for you to just trade later with them. They kinda have the upper hand. Your local bank is usually much easier. But I’m with everyone else here, I don’t see a dumb car salesman in this situation.

  18. Member
    Join Date
    Dec 2013
    Location
    Kansas
    Posts
    490
    #38
    Quote Originally Posted by Mike Daleo View Post
    How does the sales man determine your interest rate? He is not the bank. Sounds like he sold a car.
    He gets a bonus if signed at the higher interest rate. I have a friend who worked for Chrysler financial and he was dumbfounded at the amount of money that dealerships make off the financial part alone. Dealership gets a quote to finance a person for 4% and then they could add up to another 3% for the dealership pocket. It's all a bartering game and it's all so the dealership makes money. Business is business

  19. Member
    Join Date
    May 2017
    Location
    Hickory NC
    Posts
    429
    #39
    He never said his grandson had bad credit, he is probably to young to have a lot of credit history thus needing a co-signer, y'all be a bunch of haters on here. Go pay cash and leave the guy alone!!

  20. Moderator TMG's Avatar
    Join Date
    Apr 2006
    Location
    New Hampshire
    Posts
    32,011
    #40
    ok let me get this straight.
    You cosigned for someone that just rolled a car over and the salesman is the dumb one ?
    " Talking to you is like clapping with one hand "
    Anthrax

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