Edit

Forums
Finance

Woman on disability leases a BMW M6...and claims it is dealer's fault that she can't pay Archived From: Finance

  • tweet this
  • Post to Facebook
  • Text Only
  • Search this Topic »
  • Classic
  • Go to Page :
  • 1 2 3458
alert mods    

lampy2k4 said:it would take some balls to do that (because media will be all over the "poor disabled woman") but perhaps that would teach some lessons to these people who can't reap what they sow.

I doubt people will feel bad for her though. If she got a 700K house then maybe "evil bank trying to kick disabled person out of her house" would work, but with a 100K car probably wouldn't.

On a side note, I think I know what might inspire her law suite Link This one ended up spending a year in mental institution, and settled with AMEX without paying anything.


alert mods    

Besides the silliness about her income relative to the value of the car, what about the "$30,000 down payment which consisted of her entire retirement savings" -- sheesh!

I am usually understanding and forgiving about the foibles of human nature, but not this time, not for her. Let her be financially ruined.


alert mods    

This woman sounds like the type of person that posts on Creditboards.


alert mods    

That M6 is enticing... as if it has magical powers... wooo... the colors...


alert mods    

My favorite part:

"a $30,000 down payment which consisted of her entire retirement savings."

I actually believe the dealer based on that & what he stated:

She was so passionate about wanting that car and would have done anything to get that car," Long said.


alert mods    

LOOPHOLE said:My favorite part:

"a $30,000 down payment which consisted of her entire retirement savings."
Actually, if you click on the link in the OP they have the actual news story shown on TV and in it they state the $30,000 was from savings and a credit card advance.


alert mods    

Cue a screening of 'Idiocracy'


alert mods    

Maybe she thought the car would appreciate in value and she could refinance in 3 years?


alert mods    

...idiot.


alert mods    

$30k down payment + $1300 a month for a lease? Geez.


alert mods    

CoffeeEater said:$30k down payment + $1300 a month for a lease? Geez.

If you use a calculator on BMWNA, with 30K down, a monthly payment is $650-750 depending on the miles driven / yr. I'm pretty sure ~15K of her original downpayment ended in salesperson's / finance manager's pockets.


alert mods    

verruckterBaum said:Her "disability" didn't happen to be of the "mental" kind, did it?
"I'm gonna lease a car that costs triple my annual income!!!"

Yeah, stupid is as stupid does.


alert mods    

I was about to buy a used 2006 converitable this weekend. But (unfortunately) after reading this news, I have decided to postpone my purchase.
The car I eyed , the original MSRP was more than 27k, but dealer is only asking for 17k now. I thought that is a good deal. But it looks like if I can wait a little longer, I can get an even better deal on other used cars.

Few sources have pointed out, 20% of the auto loan issued between 2005~2007 are subprime loans.
We should expect to see used (luxury) cars selling for pennies on dollar in the near future.


alert mods    

My guess is that this woman suffers from fibromyalgia.


alert mods    

$10 to the first person to post a pic of the car parked outside Vivian's trailer.


alert mods    

Looks like it was one heckuva party!

linky

You can just send the $10 to Habitat for Humanity...


alert mods    

raringvt said:$10 to the first person to post a pic of the car parked outside Vivian's trailer.

If you click the video on http://cbs5.com/local/auto.loan.defaults.2.645976.html , you will find out
she lives in a townhome with a 1 car garage. I am curious did she buy that townhome on subprime mortgage
too? Sooner or later, we would see the same woman crying on T.V. saying "they sold me a house I can not afford!!"

Did I qualify for that $10 ?


alert mods    

do178b said:My guess is that this woman suffers from fibromyalgia.

with a GF who suffers from Fibro, this comment makes me go WTF


alert mods    

No offence or anything, but I don't understand the term "disability" very well. What kind of disabilities are there were you can go around driving (a $100,000 car no less!), but are considered unable to work? I mean even driving is a profession, isn't it?
Again, I am not trying to offend people who have medical problems, it is just that in other countries you can easily tell people who are on "disability" and most often drive cars that are modified to accomodate their specific medical situation.


alert mods    

NeuroSynapsis said:do178b said:My guess is that this woman suffers from fibromyalgia.

with a GF who suffers from Fibro, this comment makes me go WTF

Fibromyalgia is the archetypal malingerer's malaise. Not saying anything about your girlfriend.


 Close

Sign Me In
Nickname: 
Password: 
Remember My Login Information:

Forget your login information?

Not Already A Member?
Sign Up Now!



Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2009