/ot/ - off-topic

Hi nonnas, I love lolcow and am working a car sales job to stack cash and to learn how car sales work so I can go with my friends and help them not get ripped off. I wanted to celebrate my 3 month anniversary in the biz by sharing advice as far and wide as it can get. Do any nonas have car-buying questions? I'm in the US

Anyone upside-down in a car? Anyone need help lowering the APR of a loan and saving money? Anyone looking at a dream car but unsure if the dealership is ripping you off? I want to help!

>1980's and 1990's the heyday of American car dealerships
>oldtimers constantly say to me "the fun days are gone"
>days of making crazy money off people because people trusted dealerships
>time goes by…
>2020 dealerships couldn't get any used cars
>car industry crashing and burning
>computer chip shortage
>start selling cars at super high prices because people need cars and can't get them
>crazy profits, like 100% profits and charging twice the price of the car
>people get a bad taste and are in huge loans
>bring their car with huge loan in 5 years later to trade in at my dealership
>me, telling them their $30,000 loan is on a car worth $10,000 now
>them, realizing they have gap and the only way out is to crash their car(shit thread)