Author Topic: "King of Cars"  (Read 5568 times)

Offline articsteve

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Re: "King of Cars"
« Reply #20 on: April 14, 2006, 12:56:03 am »
Anyone see this reality show?  Crazy!!  NO ONE cares about the price of the car, only the payment.  I bet 99% of people have 96 month loans and have paid 110% of MSRP.  Wow, what a business...

I saw the double header a few nights ago on A&E.  Great show.  I particularly liked the young couple with the old Blazer that wanted to trade that in for 2 used vehicles with a total payment of $350. per month.  They had negative equity on the Blazer. :rofl:  The sales guy showed them a used Saturn and 2 Intrepids which are the last cars one should consider used.
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Offline dr_spock

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Re: "King of Cars"
« Reply #21 on: April 15, 2006, 12:46:23 am »
They appeared on Jay Leno a couple of weeks ago.  He sold a couple of used scooters to the audience. 

Offline kelli

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Re: "King of Cars"
« Reply #22 on: April 15, 2006, 08:59:43 pm »
I don't know why you guys freak out everytime someone buys according to what they can afford per month.

Not everyone has the luxery of thinking otherwise.

Lets see.. i bring in X amount, my bills come out to X amount, which leaves me X amount for a car while still having X amount left for a bit of savings.

This is how a lot of us live.. how is that so shocking?

I know you're not supposed to bargain on monthly payments.. and that's fine.. but it does play a major part in what one can afford.

I bargained on price, but i also knew what i could afford to spend per month so my years to finance the price i got had to play a part.

I'm not sure what the big shock here is...

I got your "jeep thing"... now it burns when i pee!


Offline Craig

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Re: "King of Cars"
« Reply #23 on: April 15, 2006, 09:19:51 pm »
The problem is, you're paying by what you can afford, and not what the vehicle is worth.

Very few people would know how much of a monthly discount you could expect on any car.  They can tell you, though, what to expect off MSRP.  With all the buyers tools available now (APA, CCC, black and red books, Trader, etc.), there is no excuse for going into a dealership with the intention of buying a car, and not knowing what that car should cost you, or if it is even possibly in your budget.

Also, if neotiating on finance or lease amount, $5 seems inconsequential.  Over 4 years that's $240.

Offline paulk

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Re: "King of Cars"
« Reply #24 on: April 15, 2006, 09:33:06 pm »
The tendency to think this way (on monthly payments rather than long term cost) is one of those wonky fundamental traits of the human brain.  The tendency is to do it even when it's not in our best interest.  It doesn't necessarily mean a person is uninformed or stupid; it's just one of those irrational ways our brains tend to work.  In cognitive psychology they call this tendency hyperbolic discounting:
http://en.wikipedia.org/wiki/Hyperbolic_discounting

Offline The Mighty Duck

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Re: "King of Cars"
« Reply #25 on: April 16, 2006, 11:17:58 pm »
I saw the double header a few nights ago on A&E.  Great show.  I particularly liked the young couple with the old Blazer that wanted to trade that in for 2 used vehicles with a total payment of $350. per month.  They had negative equity on the Blazer. :rofl:  The sales guy showed them a used Saturn and 2 Intrepids which are the last cars one should consider used.

I saw that one, too...  I don't understand the mentality of people that walk onto a car lot and say "show me a car" without ANY idea of what they want.  Anytime I go to a lot, I'm looking for a specific car...  do yourself a favour and do some research, and you won't end up with an Intrepid.  :)

The guy on the show didn't even bother to mention he only wanted automatic, and so the salesguy starts trying to sell him a manual...  eesh.

Offline gosteelerz

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Re: "King of Cars"
« Reply #26 on: April 16, 2006, 11:53:29 pm »
I liked the familly who just moved from out of state that wanted a car for 4 - 7 K.  They seemingly disliked every kind of car presented to them.  The poor blue genie guy must have shown them at least 20 cars.

I must say the show is total fromage.  I would like to see a kind of Holmes on Homes version of the car buying experience.

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Re: "King of Cars"
« Reply #27 on: April 27, 2006, 11:30:36 am »
The first episode repelled me, but the second was interesting. They sold 40 cars by noon! The customer body seems heavily weighted toward rubes. No one asked the price, the interest rate or the loan term. On-camera buyers were solely interested in the monthly payment amount. A young couple owed more on their trade than it was worth, but wanted to buy two used cars!

An Autoblog correspondent says Chop's real name is Josh Towbin, the son of the owner of Towbin Dodge. The family has other dealerships including Hummer, Infiniti, and a Bentley/Rolls Royce store. Growing up in an affluent home in a nice neighborhood, he took a few years off to pursue a rap career. When that went south, he returned to the family business. He has no "hood pass" or "street cred" An actor; he shows up at the store, plays his role, and then goes out and parties.

Another points out he isn’t significantly different from the legendary Cal Worthington. In his heyday Worthington dressed in western gear and loved stunts. He often said he would eat a bug if anyone beat his deal. It worked for him! Today he has one of the largest, most successful chains of U.S. dealerships. Chop's shtick is 21st century Worthington!

The managers at their computer consoles are the real salesmen. The floor operators are personable, energetic go-getters who show cars and gopher numbers between the customer and the manager until a deal clicks or dies.

Towbin is clearly a master promoter and motivator. It ain’t classy, but he’s been doing it for ten years and made millions selling a ton of cars. The circus atmosphere draws customers and fires up the staff. Regardless, it’s success American style.
« Last Edit: April 28, 2006, 08:47:06 am by Gardiner Westbound »

Offline BJB

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Re: "King of Cars"
« Reply #28 on: April 27, 2006, 12:02:46 pm »
I caught a bit of one of these episodes a little while ago, seemed like a scuzzy dealership - the whole set-up reminded me of the movie "Boiler Room" (great movie btw) too much testosterone running wild in that place

Offline safristi

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Re: "King of Cars"
« Reply #29 on: April 29, 2006, 06:53:59 pm »
Hey BUD I've gotta Tucson fer YOOOO........LOADED..ROADED and ready ta GO.....$15,000 US....just have ta "RING MY GONG!!!!! ;D :D ;) :rofl: :-\ :-*.......Las Palmas.........funny I was there last year...nice PLACE shame about the LOCATION... ::) :P :rofl2:
THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....

Offline stodge

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Re: "King of Cars"
« Reply #30 on: April 29, 2006, 08:56:05 pm »
:iagree:
People with no class selling cars to stupid people with even less class. Won't waste a second watching it, it's just too pathetic; a prime example of the american society's decline into the toilet.



 :iagree: