Floppster wrote:I had the pleasure of meeting someone who wanted to pay his 996 GT2 with a Cent and they pretty much told him that he needs to call his bank to wire the money or he has to walk home !
Which dealership pulled that stunt? I would imagine in metropolitan areas such as Los Angeles and Miami using a Centurion to buy a car would be the norm.
I happen to have noticed the average car lending rates this evening while reading an article.
The average 60-month new car loan is 7.10%, according to HSH Associates, Financial Publishers – and the average rate on a 60-month used car loan is 7.54%.
With numbers that high I can understand why some would rather finance their purchase with plastic.