And Toyota dealerships.  Praying on the ignorant since 2000.

Plus it’s insured for $500k, so when the dealer torches the place when his 4th wife asks for a divorce he will be liquid.

Plus it’s insured for $500k, so when the dealer torches the place when his 4th wife asks for a divorce he will be liquid.

Probably bring an extra 5 people who can’t afford either car but will drink the free coffee. Good investment.

Exactly.  For a dealer, this is a win all around.  Even the free advertising Jalopnik is giving! lol

Yes, that’s the basic idea. It only works when you can monopolize a market, which is easier when the market is tiny (as is the case with classic vehicles).

RPMs.

What happened with all those muscle cars is they got placed under consignment broker contracts and since brokers now have the selling rights to all those cars that they monopolized, they can ask whatever they want, because like OPEC, they control the market. That’s why a 1970 Nova with 74k miles is $73k.

Prime Rib with ‘au jus’

Or how about ATM machine and PIN number??

As explained in the article, they actually have no intention to sell the car. They want people to talk about and come in their dealership. Job done.

What, you don’t enter your PIN number into LCD display on the ATM machine?

Looks like a dealer is about to learn that something is only worth what others are willing to pay. They’ve already paid more than the car is worth and so at the end of the day? They’re probably going to lose some serious cash on this one. Greed in its truest form...

Cue the “I know what I have meme”.

This is all true and it’s another reason why the credit score system is so bonkers.

Florida car dealers man...can’t explain ‘em. 

Because the US credit system is royally messed up when it comes to your score being the gatekeeper to what you do or do not qualify for. In the US your score rises and falls and is determined by three privately run bureaus with no oversight. If you want to get a loan and not get screwed it’s a game you have to play,…

I won’t even pretend to know how any of this shit works. I just know cars. Thanks for the straight and rather quick answer.