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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Trinchero who wrote (213660)	7/31/2009 10:49:24 PM
From: James Hutton	Read Replies (2) \| Respond to of 306849

"Buyers are also liars................many cars are traded in under circumstances that mask various repair needs." This is nonsense. Dealers have mechanics who inspect cars before they make their ultra-lowball offer. IIRC, you've made the "buyers are liars" argument before in this forum, only I think it was that buyers lie to get loans. I think you've been listening to too many dealers tell too many lies for too long. But, being the good salesmen that they are, they've convinced you that it's OK to be dishonest (at least when you're losing money) because their customers are liars and everyone else is in business is.