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I want to buy a plane by year-end but they're not making it easy.



 
 
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  #1  
Old December 4th 04, 07:16 PM
Steve Foley
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OK, So what you're saying is that you can't tell by looking at someone if
they have money, but you are offended that I ask they talk to a banker
before I start chauffeuring them around looking at houses?

How do you tell if someone is pulling your leg when they want to buy one of
your homes? You just trust that they will show up at closing with a pile of
money?


"Matt Barrow" wrote in message
...

"C Kingsbury" wrote in message
ink.net...
You can usually tell one way or the other if someone has money. I once
worked in a fancy retail store and saw this guy walk in wearing ripped

jeans
and a dirty T-shirt. No one else paid any attention to the guy because

he
looked like a bum. As I walked past him I glanced at his wrist and saw a
Swiss watch probably worth more than the BMW that the guy in a suit next

to
him drove. Needless to say the "bum" nobody wanted to deal with left

with
$1000 of cigars. Shoes are another big giveaway. The average observer

sees
three guys in suits. The skilled one sees one guy wearing Bally loafers

and
two guys in department-store shoes.


A former boss of mine drove a five year old Buick, wore Sears clothes, a
Seiko $150 watch (a gift from his daughter) and when writing during a
meeting once I tesed him because he used a "Brakes Plus" BIC pen. His wife
had a simple, inexpensive wedding ring. He often wore jeans and cowboy
boots.

He was worth some $15million. And, no, he wasn't miserly at all.


In real big-ticket items like cars or real estate, it's not unusual that

you
really don't even see the smart and or wealthy buyer face-to-face until

the
deal is closed. If they're buying a car they do it by faxing or calling

the
sales manager directly, and if they're buying property, they often do so
through a buyer's agent. The biggest money is often the quietest.


Usually.






  #2  
Old December 5th 04, 12:48 AM
Matt Barrow
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"Steve Foley" wrote in message
...
OK, So what you're saying is that you can't tell by looking at someone if
they have money, but you are offended that I ask they talk to a banker
before I start chauffeuring them around looking at houses?


Have you tried getting some basic information from them first (by yourself)?
Or are you disinterested in earning your commissions?

How do you tell if someone is pulling your leg when they want to buy one

of
your homes? You just trust that they will show up at closing with a pile

of
money?


We ask them a few questions...usually only four or five. We've been 95%
successful.

One who nearly sllipped away waa a young married couple (early 20's) in
which the husband was new at his job and had little credit history, and only
$3000 to put down, so they were going to be difficult to qualify for a
mortgage. And it was. But we worked at it, they got a non-rpime rate, but
they got their house.

Somehow it seems so many businesses are their own worst enemy, or their
"agents".

Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO



  #3  
Old December 3rd 04, 05:09 AM
Henry A. Spellman
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C Kingsbury wrote:

Big snip


In real big-ticket items like cars or real estate, it's not unusual that you
really don't even see the smart and or wealthy buyer face-to-face until the
deal is closed. If they're buying a car they do it by faxing or calling the
sales manager directly, and if they're buying property, they often do so
through a buyer's agent. The biggest money is often the quietest.

-cwk.


One day, while working in the yard in his old Navy boondockers, an old
tee shirt, and old ripped blue jeans, my younger brother decided it was
time to buy the Mercedes that he had always wanted. So, without
changing clothes, he stuck his check book in his hip pocket, jumped on
his motorcycle, and drove 30 miles to the nearest dealer.

As he walked in the dealership, he saw exactly the car he wanted- all
the options and even the right color. So he stood around with his
checkbook in hand trying to look like a customer. The salesmen, all
playing gin rummy at the counter, studiously ignored him. Finally,
after about ten minutes, one of them decided that this guy was not going
to leave until somebody talked to him. So the salesman walked over to
my brother and asked if he could help him.

My brother said, "Yes. I want to buy this automobile. How much is it?"

The salesman replied, "It is really expensive, and the upkeep is quite
high, too. But we have some really clean one owner used car out on the
lot. I would be happy to show them to you."

My brother said, "No. I want to buy this car. How much is it?"

The salesman again went through the nice clean used car bit.

My brother, now barely in control of his temper, coldly looked the
salesman in the eye and said, "I don't want a used car. I want to buy
this car. HOW MUCH IS IT?"

When the salesman started with the used car bit again, my brother left.
On the way back, he became more and more angry, so he stopped by our
father's house to tell him the story.

After hearing the whole story, my father said, "If you still want the
car, go home, put on a suit, and drive back down there in your
Rolls-Royce. I am sure that they will sell a car to anybody driving a
Rolls."

Postscript 1: He bought a BMW.

Postscript 2: Several years later, my brother was the lead CPA on the
staff doing the annual audit of guess what large automobile dealership.
After the closing conference, the owner asked if my brother had any
observations he might like to pass along, even beyond financial matters,
to help the owner in his business. My brother related this story. The
owner asked if he could still identify the salesman. My brother pointed
to a salesman visible through the office window. The owner sighed, and
then said, "It figures. He is my son-in-law."

Hank
Comanche N5903P

  #4  
Old December 3rd 04, 07:18 PM
xyzzy
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Henry A. Spellman wrote:

Postscript 2: Several years later, my brother was the lead CPA on the
staff doing the annual audit of guess what large automobile dealership.
After the closing conference, the owner asked if my brother had any
observations he might like to pass along, even beyond financial matters,
to help the owner in his business. My brother related this story. The
owner asked if he could still identify the salesman. My brother pointed
to a salesman visible through the office window. The owner sighed, and
then said, "It figures. He is my son-in-law."


Kinda like that guy in the FedEx commercial, he's stuck.

You know, the one where the boss has this conversation with the slacker
office worker who his throwing pencils at the ceiling while he's talking:

"Did that package get there on time?"

"Ummm no"

"Did you send it fedex like I told you?"

"ummm, no"

"Remind me why I keep you around here"

"Ummmm, you're my dad"

"Oh, right"





  #5  
Old December 3rd 04, 09:22 PM
C Kingsbury
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"Henry A. Spellman" wrote in message
news:tySrd.181922$HA.23121@attbi_s01...

Big snip

My brother said, "Yes. I want to buy this automobile. How much is it?"

The salesman replied, "It is really expensive, and the upkeep is quite
high, too. But we have some really clean one owner used car out on the
lot. I would be happy to show them to you."


Most of the fastest sales I've ever closed are the ones where the first
question the prospect asks is, "how much?"


  #6  
Old December 3rd 04, 11:53 PM
G.R. Patterson III
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"Henry A. Spellman" wrote:

My brother said, "Yes. I want to buy this automobile. How much is it?"

The salesman replied, "It is really expensive, and the upkeep is quite
high, too. But we have some really clean one owner used car out on the
lot. I would be happy to show them to you."

My brother said, "No. I want to buy this car. How much is it?"

The salesman again went through the nice clean used car bit.


Back about 1979, Dodge came out with a pint-sized pickup truck. I used to pass
one of the dealerships on my way home every day, so one day I stopped in. There
was no price sticker in the window -- I found out later that these were not
required on trucks at the time.

So I found a salesman who was heading across the lot and asked him how much it
was.

He said "That all depends on what you trade in."

I said "I'm not going to trade anything in. How much is it?"

He said "That depends on what you trade in."

After another iteration of that, I gave up. It was nearly 25 years before I set
foot in a Dodge dealership again. The next time I did, I was treated to a
lecture on why I would never find a truck for sale with a standard transmission.

I don't see any reason to set foot in another Dodge dealership again.

Ya know, I never saw one of those little pickups on the road. I wonder why?

George Patterson
If a man gets into a fight 3,000 miles away from home, he *had* to have
been looking for it.
  #7  
Old December 4th 04, 06:08 AM
Matt Barrow
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"G.R. Patterson III" wrote in message
...

Back about 1979, Dodge came out with a pint-sized pickup truck. I used to

pass
one of the dealerships on my way home every day, so one day I stopped in.

There
was no price sticker in the window -- I found out later that these were

not
required on trucks at the time.

So I found a salesman who was heading across the lot and asked him how

much it
was.

He said "That all depends on what you trade in."

I said "I'm not going to trade anything in. How much is it?"

He said "That depends on what you trade in."

After another iteration of that, I gave up. It was nearly 25 years before

I set
foot in a Dodge dealership again. The next time I did, I was treated to a
lecture on why I would never find a truck for sale with a standard

transmission.

I don't see any reason to set foot in another Dodge dealership again.


You need THAT EXPERIENCE to avoid Dodge dealerships?

Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO


  #8  
Old December 4th 04, 05:57 PM
C Kingsbury
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Default


"G.R. Patterson III" wrote in message
...

Back about 1979, Dodge came out with a pint-sized pickup truck. I used to

pass
one of the dealerships on my way home every day, so one day I stopped in.

There
was no price sticker in the window -- I found out later that these were

not
required on trucks at the time.


The older guys still call them a "Monroney," after the congressman who
sponsored the bill requiring them. Now that grandmothers who know nothing
about cars can look up invoice prices on the internet they mean even less
than they did 20 years ago.


He said "That all depends on what you trade in."


This is still largely how the game works. About a year ago I was toying with
the idea of buying one of those new Saab convertibles. I went to one dealer,
went for the test drive, etc. Then we sat down to talk price. I told him I
wanted two prices, one to buy the car straight and another to buy it with my
Jeep as a trade-in. He wouldn't do it. I ended up dickering with him for an
hour before he finally settled on one price with my Jeep as a trade-in. In
the end though the final price he offered was excellent. You don't sell a
lot of expensive convertibles in February in New England when there's a s--t
job market and a foot of snow on the ground.

-cwk.


  #9  
Old December 4th 04, 05:24 PM
Thomas Borchert
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T.Roger,

Diamond?

--
Thomas Borchert (EDDH)

  #10  
Old December 6th 04, 08:02 PM
C J Campbell
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"T.Roger" wrote in message
. com...
I don't have my ticket yet -- and I'm really committed because I want to

buy
my own plane to train and fly -- and I want to take advantage of the tax
write-off about to expire at year end.

I've been at this since August.
But, hell, they're not making it easy.


No, they are not, and not just because of your problem, either. Most of
these companies that promised airplanes for delivery late this year are
putting off their customers until next year due to production and/or
certification issues -- which creates a huge tax problem for many. In fact,
there is already talk of class action lawsuits, even while the aircraft
manufacturers are lobbying to get the government to extend the tax benefits
to aircraft ordered, but not delivered this year. It is a huge mess and it
affects all the manufacturers.

So even if you were able to get someone to let you demo the plane, my guess
is you would find it impossible to take delivery this year. Even if the
dealer had a plane on the lot (I think Galvin has a nice DA-40 available),
you would probably have trouble getting financing arranged before the end of
the year.


 




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