Stories from my Past: How much per month?

I like cars and enjoy driving them. Often I will go for test drives because it is fun imaging what it would be like to have the car, and one day my ship might come in. Once a decade ago I went to a Mercedes dealer in Chicago and this is what happened.

I had test driven one of the cars and I liked it. I had great credit so I asked how much it would be for dealer provided financing. Sometimes dealers will beat bank prices if you come in there with pre-approved loans from banks.

“So how much am I looking at with the best offer from the bank per month,” I asked.

“Oh about $900.” he said casually.

I laughed thinking it was a joke. For that car the max that could be charged would be $500 a month. It was one of the entry-level cars.

“Your kidding right?” I said.

“No completely serious. Someone with your limited credit history isn’t going to get a better rate.”, he said.

I had 8 years of credit history that was perfect, and plenty of evidence that I was a good risk. I got up and shook his hand and left.

I have never gone back to Mercedes or considered them as a buy. Sometimes you can lose a customer for life on the first transaction.

An App that Could Stop Traffic – Technology Review – StumbleUpon

An App that Could Stop Traffic – Technology Review – StumbleUpon. If you ever visit a major city like New York or Chicago you will wish that everyone used this app. An App that Could Stop Traffic - Technology Review - StumbleUponIt is amazing to me that we allow the chaotic infrastructure we have. It’s obvious to me that if you incentive

 using this app, we could see better use of current investments.