I did that with an Enterprise after my car got totaled (the wait for them to contact me part); now I’m banned from Enterprise, National, and Alamo.

I’m guessing prices are falling sharply in what dealers will give for a used car, or auction prices, but I haven’t noticed a difference from the consumer side.

Surely he won’t buy a controlling share, make it subsidiary, use his govt contacts to borrow massive amounts of money, pay himself an obscene salary and squeeze out the few drops of blood left and make a nice profit from it.

Somehow Deutsche Bank is involved. They are the short bus of Wall Street.

Plus the people screaming “I need a haircut!!” won’t practice social distancing and/or wearing a mask, so we’ll have COVID-19 around for awhile.

Everything must go! I had a K-Mart near me that closed in December. Before that, they had signs stating big discounts (Up to 70% off), so I wandered in. Picked up some things that we would have bought anyway, but the most striking thing for sale, was this giant safe the store used for it’s cash. I Assumed it was empty.

It’ll be one of the last ones they go looking for so you’re safe for 6 months.

So it turns out Hertz is the same as the people who finance cars to rent them out on Turo.

Used car prices fell 34.4 percent in April...

OMG SOMEONE HELP QUICKLY! MY MIATA IS CHOKING!

I’m with you on all of that except for this line:

Used goods are only worth what people are willing to pay for it. 10 year old Tacomas selling for over 20 grand cost that much because the people buying then are mentally insane and There are apparently lots of them.

It all depends on the person. I definitely wasn’t taught that at school. Some people are just chiselers. I see it all the time - we represent private business owners who want to sell all or a portion of their companies, and so we deal every day with private equity groups and the internal M&A groups at bigger companies.…

Ford/Chevy trucks have great resale value if you account for the fact that they were originally sold for 20-25% under MSRP. That $29,000 used truck you see may have retailed for $44,000, but the the original owner probably paid more like $36,000 for it.

I have a MBA, and work in a business where negotiation is a huge part of the job. Anyone who has negotiated a deal and then comes back wanting to change it (absent something new being discovered) gets shown the door. I wouldn’t spend another second with a car dealer who tried this with me.  

It’s the premise of running a shady, short-term business or a monopoly (“we’re the phone company, fuck you”).

I think the answer to all three questions is: A dealer will say whatever they need to in order to make you pay the most possible money for whatever they are selling you.

Looking for a deal on a Tacoma

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