Buying a car used to be an experience so soul-scorching, so confidence-splattering, so existentially rattling that an entire car company was based on the promise that you wouldn't have to come in contact with it.
People don't like the car business. They like going to car sales, but they don't like the stock of the car companies.
You can refi your car loan just like you can refi your mortgage. It's even easier and less expensive. There's no appraisal process, and fees are minimal for a new car title. A couple of caveats: Most lenders require that the car be less than five years old and have a minimum loan balance of $7,500.
I was really into classifieds for awhile. I'm a big negotiator. My father owned a car dealership when I was younger... it's just in my blood.
Chrysler invented rebates, I'm sorry to say. I didn't have anything to do with that. A lot of flaky deals were made in order to give the customer enough cash for a down payment.
The problem with car dealerships is you've already decided what you want to buy before you even go there, and you're really just going there to talk through some annoying negotiation.
Image has an influence on what sort of car I will get to drive or deals that I'm offered by teams.
In America, people buy cars, and they put very little money down. They get a car, and they go to work. The work pays them a salary; the salary allows them to pay for the car over time. The car pays for itself.
When you sell cars in the U.S., it forces you to be the most competitive.
Now, if most Americans want to go out and buy a car, they don't say, you know, 'I think I'll call the chairman of the board of Ford Motor Company and see what kind of deal we can make here.'
Car designers are just going to have to come up with an automobile that outlasts the payments.
