Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-29-2011, 10:21 AM   #101
Full time employment: Posting here.
 
Join Date: Jan 2011
Location: Just North of Boston
Posts: 516
Quote:
Originally Posted by Texas Proud View Post
You also might be assuming that you need to 'carry a balance' on a credit card for it to be considered credit.... this is false.. when you use a CC you are borrowing money right then... you might pay it back when you get the bill and not pay any interest, but you DID borrow money...

I know you are using credit... I guess I just know the credit score is a game and I play it without paying any "interest".
__________________

__________________
ChiliPepr is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-29-2011, 10:31 AM   #102
Full time employment: Posting here.
Ronnieboy's Avatar
 
Join Date: Feb 2008
Posts: 646
Here is a story about a credit score that dropped as he paid off his debts:

Reader Story: My Falling Credit Score (and Why It’s Not the End of the World)
__________________

__________________
I don't want to spend my entire life at work. I deserve more. - Want2retire aka W2R
Ronnieboy is offline   Reply With Quote
Old 08-29-2011, 10:35 AM   #103
Full time employment: Posting here.
Ronnieboy's Avatar
 
Join Date: Feb 2008
Posts: 646
Quote:
Originally Posted by 73ss454 View Post
Dealers love USAA,Costco buyers etc.. Makes the whole thing very easy.

At least the customers believe USAA, Costco and others. When the dealer shows the invoice for proof of cost no one believes it. I'm not saying everyone, but most.

Funny thing is that the prices customers get from buying services are mostly higher than the dealer prices. Just adding another middle man, but hey, what ever works.

I was going to ask about this. One time at band camp I tried the Costco auto buying program and the price that was suggested was higher than I was going to offer anyway. I ditched the buying program and offered $500 over invoice and it was accepted (finally).
It might be worth the non-hassle of the back and forth, but I guess it depends on how much you hate the negotiations.
__________________
I don't want to spend my entire life at work. I deserve more. - Want2retire aka W2R
Ronnieboy is offline   Reply With Quote
Old 08-29-2011, 10:56 AM   #104
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
If the customer thinks they got a good deal then it's a good deal. People like buying services and so do the dealers. They save a lot of time and the customers think they are getting something for nothing.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-29-2011, 11:05 AM   #105
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,072
Quote:
Originally Posted by 73ss454 View Post
If the customer thinks they got a good deal then it's a good deal. People like buying services and so do the dealers. They save a lot of time and the customers think they are getting something for nothing.
Yes, and not having to listen to the finance guy try to sell me undercoating, pin striping, krypton tire gas, or "super-duper no-stain guaranteed miracle finish fairy dust coating" - - - priceless.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-29-2011, 11:06 AM   #106
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by REWahoo View Post
Yes, and not having to listen to the finance guy try to sell me undercoating, pin striping, krypton tire gas, or "super-duper no-stain guaranteed miracle finish fairy dust coating" - - - priceless.
Are you saying that you didn't get any of this stuff, what did the neighbors say?

By the way, in our dealer you still had to go through door #2 to get your car.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-29-2011, 11:08 AM   #107
Recycles dryer sheets
 
Join Date: Aug 2011
Location: Atlanta
Posts: 420
This thread reminds me of why I hate the car buying process.
Lucky for me my car is only has 170,000 miles and is just 13 years old.
__________________
SJ1_ is offline   Reply With Quote
Old 08-29-2011, 11:10 AM   #108
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by SJ1_ View Post
This thread reminds me of why I hate the car buying process.
Lucky for me my car is only has 170,000 miles and is just 13 years old.
Not to worry, next time you buy a new car just go in and pay the asking price and make it easy.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-29-2011, 11:22 AM   #109
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,072
Quote:
Originally Posted by 73ss454 View Post
Not to worry, next time you buy a new car just go in and pay the asking price and make it easy.
A guy I served with got a job selling cars after he retired from the military. That was when he first learned the price shown on the sticker was negotiable...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-29-2011, 11:25 AM   #110
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by REWahoo View Post
A guy I served with got a job selling cars after he retired from the military. That was when he first learned the price shown on the sticker was negotiable...
I have to tell you that there are not too many of them out there. (heh)

Maybe he will have some luck trying to sell them for list price.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-29-2011, 11:36 AM   #111
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,072
Quote:
Originally Posted by 73ss454 View Post
Maybe he will have some luck trying to sell them for list price.
Nope, I don't think he lasted more than 30 days in the car business - or in any job for that matter.

He tried his hand at a lot of different things after the military and most, like selling cars, lasted less than 90 days. I lost count but I do recall he went through more than 20 before giving up and becoming a kept man.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-29-2011, 11:39 AM   #112
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
I used to have a salesperson who once said a funny thing. "the car business is what you do when you fail at everything else"
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-29-2011, 09:23 PM   #113
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
BankRate.com offers this info on how an insurance score is calculated:
How credit affects your insurance score | Bankrate.com
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 08-30-2011, 09:37 AM   #114
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by 73ss454 View Post
I used to have a salesperson who once said a funny thing. "the car business is what you do when you fail at everything else"
I know a few guys making six figures that might disagree with that, but for the most part, most salespeople last about 30-60 days, since most of them are not trained by anyone and have poor sales skills.............
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-30-2011, 09:54 AM   #115
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by FinanceDude View Post
I know a few guys making six figures that might disagree with that, but for the most part, most salespeople last about 30-60 days, since most of them are not trained by anyone and have poor sales skills.............
I could NEVER do sales. I'd be terrible at it. I'd not be good at "upselling" people on stuff they neither want nor need, and I wouldn't be good at encouraging them to buy stuff I didn't think they could afford. Plus, I just don't have the personality of a salesman. When they said "no, thank you," I wouldn't keep pushing; I'd back off. Not good for commissions.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 08-30-2011, 10:30 AM   #116
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by ziggy29 View Post
I could NEVER do sales. I'd be terrible at it. I'd not be good at "upselling" people on stuff they neither want nor need, and I wouldn't be good at encouraging them to buy stuff I didn't think they could afford. Plus, I just don't have the personality of a salesman. When they said "no, thank you," I wouldn't keep pushing; I'd back off. Not good for commissions.
+1
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-30-2011, 10:31 AM   #117
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by FinanceDude View Post
I know a few guys making six figures that might disagree with that, but for the most part, most salespeople last about 30-60 days, since most of them are not trained by anyone and have poor sales skills.............
I agree, it's not for everyone, that's for sure.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 08-30-2011, 11:14 AM   #118
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by ziggy29 View Post
I could NEVER do sales. I'd be terrible at it. I'd not be good at "upselling" people on stuff they neither want nor need, and I wouldn't be good at encouraging them to buy stuff I didn't think they could afford. Plus, I just don't have the personality of a salesman. When they said "no, thank you," I wouldn't keep pushing; I'd back off. Not good for commissions.
That may be true, but I had a very successful sales manager tell me back in the day: "How many accountants, workers, office staff, engineers, graphic artists, financial analysts etc, do we need if we have NO sales"

Not all sales atmospheres are like car sales..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-30-2011, 07:38 PM   #119
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,880
Quote:
Originally Posted by SJ1_ View Post
This thread reminds me of why I hate the car buying process.
Lucky for me my car is only has 170,000 miles and is just 13 years old.
Tick, Tick, Tick...
__________________

__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Real Estate and interest rates calmloki FIRE and Money 9 08-06-2011 08:44 PM
Will CD Interest Rates Rise if Borrowing Rates Rise? John Galt III FIRE and Money 5 07-29-2011 12:58 PM
Low Interest Rates and Banks Investments chinaco FIRE and Money 4 07-16-2011 02:29 AM
Trouble understanding I Bond interest calculation Tom52 FIRE and Money 2 07-09-2011 04:53 PM
I-Bonds for "Short Term" interest Koolau FIRE and Money 10 06-29-2011 08:35 PM

 

 
All times are GMT -6. The time now is 05:00 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.