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!
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!
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
Congratulations on the new car. If the deal works for you 2 that's all that matters.
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.
I gotta a better rate on my boat lol
I wont do a car loan over 2% lol
2020 Skeeter ZX150
The winner in this situation is your grandson because he has you.
Co signing brings the points up.
OMG
All that matters is your happy with the deal. Congrats on the new vehicle
I still want to know how the salesman was dumb? I just don't understand that part.
Congrats on the new car
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
How does the sales man determine your interest rate? He is not the bank. Sounds like he sold a car.
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.
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
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!!
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