Smokin' something at that...

http://losangeles.craigslist.org/car/73786659.html

 

Its because they do financing.. They jack the price way up so they'll make money on the interest when people make payments. If someone wants one desperatly enough, and wants to finance it (for some really dumb reason), they will have no trouble selling that.

 

80% of the time, those "We finance anyone" car lots are asking for what they actually have in the car, as a down payment. Anything they get above that, is pure profit. Especially when the buyer defaults, and they re-sell the car.
There used to be one of those lots around here, and they could repo a car from you today, and would sell you another tomorrow. The only time they wouldn't sell you a car, was if they were still trying to locate the last one. Soon as it was on the lot, you were again able to pay way too much for another car, or even the one they just repo'd. Some people felt it was cheaper to let the car get repo'd, so the lot would have to repair it, then they would buy it again.

 

Yeah, I was just thinking, that car should cost about as much as the down payment is with that many miles. But, someone will probably be stupid/desperate enough to pick it up sometime.

 

$3995 shows that our cars are finally being recognized as the classics that they are. We need to think more positive!

 

Yeah don't complain about that!