U obviously never researched 2008 mortgage debacle. Banks/wall street r bundling securitized debt and selling 2 fools they r taking little risk they take it off the top

Lenders are just as greedy as the dealer trying to sell the car. They’ll never investigate until an outside entity takes notice or whistleblower, ala Wells Fargo ghost accounts.

It’s also kind of nuts that a person could get a loan for a new car while still holding an underwater note for another car, but not get a rollover loan for the new car plus the old car’s remaining debt (as terrible an idea as that is). The debt is still potentially there whether it’s in two notes or one. Why would any…

I will walk through the repo lot at the local credit union that I belong to (they have so many repos that they built and blacktopped a new parking lot just for their repo inventory)... and 90% of the vehicles in that lot came from the same dealer... easily identifyable by their license plate frames and stickers on the…

I certainly did, Tom, and can you show me where it say something along the lines of “buyers that engage in immoral activities are due whatever comes their way from the banks they’re trying to screw”? Because that’s what this is, Tom. It’s the consumer trying to screw over the bank. Edit: Which, by the way, also did…

Does no one here fault the morality of the buyer?!? Jesus H - its like Tom is completely absolving the buyer of any fault, here. Nobody held a gun to the buyer’s head and said “sign here”. This speaks more to the “I deserve a new car” mentality of people than it does to the sales tactics of a car dealer. Dealers are…

Yup...and a lot of these people, or at least the ones I know personally, tend to lease two new cars every 3 or 4 years on extensive loans, despite holding low-income jobs and trying to raise a family.

Your last paragraph describes the root of the problem perfectly.

FFS, you would think the lenders would be very closely scrutinizing any dealer who has customers with a higher than usual default rate and just stop working with them.

People are looking for an easy way out of a bad situation, the dealer is offering them that. Often these folks lack the thinking skills to question the details.

It is a Ford from the 80s but it’s also mostly a ford Sierra which is what ford put up against the 190e and m3 in group A and did quite well.

Didn’t even read the article. Voted NP. I’ve had an irrational desire for these cars since I was a kid, probably because that’s around they time they were being raced, but also because it was one of my favorite Matchbox cars to cruise around with.

$2500 is asking. You’ll get it for less. These are fun, unique cars, and like errbody else here has said, easy to work on. I was always fascinated by the one parked near my house growing up. If I had the time and energy I’d buy this one here.

CP <<=====|===M=>> NP

for $2500, crank up the boost and drive this until it dies! BTW, I almost bought one of these back in ‘94...haha

Rear drive, stick, turbo. Each of these is worth $1,000 of throw-away money. This is the triple crown, hence, NP.

In my head I always pronounced XR4Ti as “XR40”. Wish I had the room for this forty.

This is just unique enough and cared for enough to be worth the scratch.  NP

Vote NP because as a kid/teen, I always thought these were so cool. This and the Subaru SVX were probably my favorites to spot in the 1990s.

Running car? Check