[BigDiesel]

A little background.... prior to getting into this wacky business, I was involved as upper management in the family biz. Our family owns 9 new car franchises/dealerships..... I am still involved as a "board member", but no day to day activities, but involved in some financial decisions..... My brother who is now the President tells me that loans are available and credit is easy to get as long as one has a reasonably decent credit score... So don't believe the media....

I also just discovered that the company that owns this great message board (Internet Brands) also owns the great ecommerce website Carsdirect dot com..... Our dealerships spend 5 figures yearly for advertising on that site. What a small world it is.

[Rev.Vassago]

Originally Posted by BigDiesel

I also just discovered that the company that owns this great message board (Internet Brands) also owns the great ecommerce website Carsdirect dot com..... Our dealerships spend 5 figures yearly for advertising on that site. What a small world it is.

Does that mean you technically own CAD?:lol:

[BigDiesel]

Originally Posted by Rev.Vassago

Does that mean you technically own CAD?:lol:

As it is company in one of my wife and I's investment funds then in a somewhat technical sense then yes..... along with all of the other direct and indirect shareholders....:thumbsup:

I was just stating how small of world it is that Internet Brands owns this site also.... Even smaller is that my brother is involved in the same 20 group that one of Internet Brands board members is involved in.... Small small world.....

[Snowman7]

Originally Posted by BigDiesel

As it is company in one of my wife and I's investment funds then in a somewhat technical sense then yes..... along with all of the other direct and indirect shareholders....:thumbsup:

I was just stating how small of world it is that Internet Brands owns this site also.... Even smaller is that my brother is involved in the same 20 group that one of Internet Brands board members is involved in.... Small small world.....

Yes it is......

[Jackrabbit379]

So, your family owns several dealers, and you were once in cahoots with them... Cool, but why would it be a great time right now to buy a new car? :lol:

[BigDiesel]

Originally Posted by Jackrabbit379

So, your family owns several dealers, and you were once in cahoots with them... Cool, but why would it be a great time right now to buy a new car? :lol:

With new cars, you can buy one at triple net, which is invoice price less rebate less dealer cash (hidden rebate) and less holdback ( an amount that the manufacturer pays a dealer on a per car basis every quarter, avgs of $750.)

Also you can get subvented interest rates as low as 0% with the above.

Normally it is one or the other, not both.:thumbsup:

[Windwalker]

And, there is a dealership in TX that made the news by offering two for the price of one... Well, almost. By one and get the second for $1.00. Volvo or Subaru... I don't remember which.

[Phantom433a]

Originally Posted by Windwalker

And, there is a dealership in TX that made the news by offering two for the price of one... Well, almost. By one and get the second for $1.00. Volvo or Subaru... I don't remember which.

yea Wind, we had a dealership in Phoenix doing the 2 for 1 deal as well....can't remember who.

[allan5oh]

So if I walk into a dealership and ask for a car at "triple net" and 0% financing, I'll get it?

hehehehehe....