Originally Posted by danimal
A little bit of knowledge is a dangerous thing. I'm picturing used cars, a dirt lot, and your first sales job.
I'll stick with Kim on this one.
I have knowledge and work for the BIGGEST dealer who has 8 lines of product (over 6 PAVED lots) in TN with over 1000 used cars in inventory..
I DONT work at a buy here/pay here place guys...
Kim is right and she knows her stuff HOWEVER, every market is different and being in TN I can assure you when we get a 620 credit score in my market we do cartwheels...
We also dont carry lines of product like Kim mentioned (no 100K cars) so our market is more of a 400 a month car payment when they finance.
Lenders SUCK now, making it nearly impossible to get a deal funded. If you printer is off 1 mm on a contract they kick it back and you have to redo the entire thing. The joys of the car business
Kim do you have any leads for some good subprime lenders?...I need some