w108 - 3/10/2006 11:09 AM
gregs210 - 3/10/2006 11:50 AM
And what happens to the person who does forget a payment? Now they can't get to work, or .... you can think of several examples where the consequences are pretty dire.
What happens? They don't drive. They become instantly accountable for their actions and probably will not happen again. Don't forget, this car does not belong to them yet! They're probably driving a car that's too expensive for them. Try a $2,000 used car until you save up for a better car. They knew what they were getting themselves into when they signed on the dotted line. My winter car is such a vehicle and it's reliable as Hell - only I have it because my 560SEL and Maserati do not deserve to see the snow. The simple of it is that person is living out of their means.
What you're apparently failing (or refusing) to recognize is that the vast majority of folks are not nearly as well off as you are. They can only afford one car PAYMENT, much less multiple vehicles. They can't work to save up the money to buy a true beater, much less a semi-reliable auto that they might find in the $2,000 range. Most places in the US, if you don't have a car, you're not going to be able to work. If you can't work, you can't save up, and if you can't save up, you can't get the car. It's a vicious circle. There are absolutely exceptions, but they are exceptions
, not the rule.
The lady in the article bought a '96 Bonneville for 6K (yes, she got screwed because she's at the worst bulldog place, the bottom-feeder used-car lot) and put down $3,500 on it and they still
forced her to use the device to coerce her payments on the other $2,500. Now you and I are both sophisticated and experienced enough to know that the dealer more than recovered his investment in the car when he got her down payment, so the rest is just gravy, and that's all the device is ensuring in that situation. But the lady? All she knows is she was finally able to get a reliable car for a price she was willing to pay. I'm sure she'd love to have her choice of vehicles to drive depending upon the weather and her whims, but that's *your* reality, not hers. (And she has to pay for her own health insurance, too, which you're also spared being up in Canada.)
I'm certainly no liberal, knee-jerk, bleeding-heart or otherwise, but I actually have a sense for the regular folks and those who struggle through life far more than I do. Heck, in their America (and so far this dastardly device is purely American) the BW forum isn't even a thought, much less the ownership of even one of their cars.