Quote:
Originally Posted by camaropete
Noooo! That's like telling people "it's ok to be stupid. We'll bail you out."
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The fundamental truth, though, is that some people will be that stupid or will get into unforeseeable money trouble. Companies that offer some sort of buyer insurance like this will be able to promote that to buyers who really need or want a new car. It's not a bailout. It is a safety net, and financial safety when things get hard is far better than losing it all over a car. Would you rather lose your new car or your credit rating? I think most people will sacrifice that car they bought a few months ago to keep their rates down in the future.