Originally Posted by vader1,Sep 15 2008, 11:14 AM

I know its impossible to completely know someone, but I tend to be a good judge of character and the guy is the likable sad sack type, but not a liar.

Originally Posted by QUIKAG,Sep 15 2008, 02:06 PM

So, you're saying he's not a liar and is likable, but he just bought a new car that, from all indications, he has no ability or desire to make payments on? So, how is it that you're a good judge of character again?

Originally Posted by Jimmies,Sep 15 2008, 02:18 PM

I just hope I'm not in that situation at that age. You never know how life might **** you.

Originally Posted by vader1,Sep 15 2008, 12:24 PM

I never said he had no desire to make car payments, just probably no ability.

Originally Posted by vader1,Sep 15 2008, 10:29 AM

My dad has a friend who has not done that well for many years. He got all depressed because he has had no work, his wife is a serious beyotch and he has no money. I met the guy on one of these trips my dad organizes to go see Notre Dame football games. (yeah they suck, I know) So my dad tells me he had lunch with this guy and he just drove up in a new Sky turbo.


Anyway, the guy has a 50th high school reunion coming up. He wants to go and not feel like a loser so he goes to a Saturn dealer thinking there is no way he will get financing and bingo they give him a new Sky redline and out the door he goes. He told my dad he that he did not lie about anything, they asked him if he had any income and he works as a salesperson for a medical insurance company but draws no salary. The company felt sorry for him so they gave him a job that is commission only and he has not sold anything in several months. He has done this for the last year and a half and made virtually nothing. They supposedly live off his wife's small income and she refused to sign onto the loan. Not sure of his credit rating, it can't be great.

I don't know if this was a bank or if it was GM financing but I am stumped.

Are car makers so desperate they will give a car to someone who says "I have no income?"

Do you think the dealer fudged stuff at the expense of GM just to move a car?

Or are struggling banks still handing cash to people with no ability to pay.

My dad feels sorry for the guy and said "Oh just let him have his brief moment of glory before they reposses it." But I don't know how that makes a depressed guy feel better when they come take his new car and he traded in the rust bucket he used as his means of work transportation. I don't get people.