Busy times for the repo man ~ the credit crunch
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Well I know the economy is bad, and lot of people are losing their jobs. But what I would do in this situation is that I will sell the vehicle and and take the public transit. I take the public transit to work everyday, even though I own a vehicle. Why wouldn't people take transit. If you can't pay don't buy on credit, that's what I learnt.
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My Camaro might be a V6 but its fucking paid for. Ill never finance a car. Id rather get a POS craigslist beater than finance a car that belongs to the bank.
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@Spahi77 Damn right!!! Nothing better than a paid-off vehicle... no matter what it's appearance.
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PAY YOUR SHIT THEN IT WON'T GET REPO'ED!
I buy everything with cash so I don't have to worry about having a diesel out side my house at 3am....
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You Americans didn't learn anything.If youdon't have job , no money ,big debt,why are you buying Jeep Grand Cherokee 3.0 engine or more.Why not Nissan Versa 1.6 or some Chevy,Honda or Toyota? She is single ! mom,She don't need a car for five person family.You have so cheap gasoline 3-3,5(regular) for galon.For example in Poland not richest country in Europe we're paying 5,65 (regular) for galon.You better think about that how to save money on gas...
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10,000 repos in one year from one company...and we wonder why we are in a recession and have 13 trillion dollar debt
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@Spahi77 I agree to some extent. I do both I drive a POS dialy driven car i own outright and finance my weekend car until its paid of then after its paid off I soup it up and sell my POS daily driven car and drive my ex-weekend car and the cycle starts all over again.
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There are two things I don't do in my business, repos and towaways
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for some reason, i like repo men more when they repossess organs than cars. how sick is that?
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i never finance, or lease, only purchase....i would rather drive around in a pos that i own, than pay for a car to get taken away, and get heartbroken.
Spahi77 2 years ago 17
It's hard with the current climate I guess. I'm a Towie and do the occansional Repo, and I hate it. Notice in the video the Banks are asking for a discount on fees? Give those pricks nothing, they have a lot to do with why we are at this point.
To the woman in the video, I hope everything turns out okay for you. Good luck.
Prangtech 3 years ago 5