Good For New Buyers , A Rip Off For Owners - Toyota Yaris Forums

eric81 · 08-08-2009, 12:47 AM

I write checks, and watch my balances go farther and farther into the negative. lol.
Seriously, this thing NEEDS to have some of those rules imposed on it, like you have to make LESS than so much a year. Also, when they apply for credit, it's not like it USED to be. They do a credit check and an income check, along with a "living expenses" check (how much rent or mortgage is) and then they figure if they SHOULD put you into a vehicle. The banks are MUCH more stubborn now-a-days. I know, I had less income, worse credit, and more debt and got into a more expensive car than what several of my customers have been denied for. The banks are not lending because they are afraid to get burned again, like they did three, and even just one year ago. That's one of the hardest parts about my job, is seeing people get turned away for not making more than a certain amount. Or not having "enough" credit, because they are smart and didn't get themselves buried in it, so they have no real credit score. There could have been so many things done better, but hey, I'm not the one in charge, the guy I didn't vote for is. Thank you everyone who DID vote for him. I owe you one.

08-08-2009, 12:47 AM	#30
eric81 View User's Garage Drives: Toyota Salesman Join Date: Nov 2008 Location: Clarksville, IN Posts: 297	I write checks, and watch my balances go farther and farther into the negative. lol. Seriously, this thing NEEDS to have some of those rules imposed on it, like you have to make LESS than so much a year. Also, when they apply for credit, it's not like it USED to be. They do a credit check and an income check, along with a "living expenses" check (how much rent or mortgage is) and then they figure if they SHOULD put you into a vehicle. The banks are MUCH more stubborn now-a-days. I know, I had less income, worse credit, and more debt and got into a more expensive car than what several of my customers have been denied for. The banks are not lending because they are afraid to get burned again, like they did three, and even just one year ago. That's one of the hardest parts about my job, is seeing people get turned away for not making more than a certain amount. Or not having "enough" credit, because they are smart and didn't get themselves buried in it, so they have no real credit score. There could have been so many things done better, but hey, I'm not the one in charge, the guy I didn't vote for is. Thank you everyone who DID vote for him. I owe you one.