Avenger of Suckers
I made an offer on a 2009 pickup. It amounts to about $500 above the money they’ve put into the truck. I know the cost of the truck and the delivery charge, and I know how much the holdback is, so I subtracted the holdback and added $500. It’s a good offer, for a year-old truck that tops out at 18 MPG. A truck nobody else wants. They should be willing to sell below their cost, given the age of the truck and the current market. That’s how life goes, when you’re in retail. You can’t make a profit on every deal. I know they have other costs, but that’s not my problem.
The dealer turned me down flat. They want $1200 more. Sure, if Mary Poppins and Frosty the Snowman decide to buy a truck so they can drive around the world with elves in the back, shoveling candy to the little girls and boys who go to bed on time and swear allegiance to Barack Obama. Other than that, they pretty much have to deal or sell it to another dealer at auction.
After I got their response, I decided there was no way I was going to contact these characters again. When you’re negotiating, and you make an offer, and the other side pretends to be utterly uninterested, you wait for them to crack. These guys have to get rid of this truck. I don’t have to buy one.
Today, after four days, they got back in touch. It was just an auto-response. But it proves my point. The only way to deal with a car salesman is to apply the screws and tighten them until he squeals. My offer was too generous; they probably think I’m a sucker. The only way to convince them otherwise is to let them sweat. I offered them more than I think the truck is worth, because I don’t think a Christian should hammer people ruthlessly in the marketplace. They should be satisfied with that.
I may respond tomorrow. I may respond Monday. Maybe I’ll get cold feet and kill the whole idea. I try to think of my money as God’s money. I don’t want a truck just for fun. I want to make sure I’m doing something intelligent. Maybe I was wrong to decide to buy. Time and prayer are always good ideas.
Anyway, it’s funny to watch them play the game.
I think my response will be, “Please consider my offer withdrawn.”
They want me to finance the truck, which will get me a thousand dollars in Ford money. They want to add that money to the price, plus over $200. I do not borrow money if I can avoid it. I don’t care if Ford likes it; I don’t care if they understand that I plan to pay it back in four months. It’s a scam, and anyway, I think borrowing is like daring the devil to wreck your plans. If I pay cash for a thing, I’m free and clear. If something bad happens later, I won’t have to worry about collection agents. I won’t have to take a job I hate, because bills for things I’ve already worn out and discarded will be coming to me over the next five years. And nobody can repossess what I bought. When you borrow, you give up choice. You put yourself in a position where you have to earn, regardless of how you do it. And working is less enjoyable, because you’re not anticipating buying good things with the money. You’ve already enjoyed the good things. All that’s left now is the drudgery of paying for them, and paying the people who charged you for the privilege of enjoying them before you really owned them. And if you choose to go bankrupt, the cost is your self-respect and your good name.
The Bible says it’s arrogant to say you will do this or that, in the future. You should say, “God willing, I will.” If you borrow, you’re saying, “I will continue to earn enough money to pay for all the junk I want to have right now.” Is that smart? I don’t think so. The Bible strongly discourages borrowing. It encourages lending, but it does so with the understanding that you can’t charge usury, and you may have to forgive the loans.
I just realized I’m wearing a T-shirt that says, “Borrowing is for the weak.” It’s from Northern Tool. I couldn’t resist buying it. It’s supposed to be funny, but it’s also one of the universe’s fundamental truths.
I wonder what a $200,000 house would cost, if we didn’t have the mortgage system. Probably $50,000. When people pay real money, as contrasted with pie-in-the-sky future money, they have to pay a lot less. Three things make things cost more than they should: insurance, borrowing, and government involvement.
A Harley dealer once told me some guy came in for a trade-in, threw him the keys to his old bike, told him which new bike he wanted, and said, “Make it $250 a month.” That was all he cared about. He opened the henhouse door and drove the fox in with a cattle prod. Over time, the bike probably cost him fifty grand. The picture would have been a lot different had he had to shovel out up front. MSRP would have been something like $18,000. He probably couldn’t afford it.
I don’t like borrowing. I don’t like borrowing. I don’t want to be a finance company’s slave. I don’t care if it looks smart on paper. When you look at the paper, isn’t it “walking by sight”? Aren’t we supposed to walk by faith?
I don’t care if everyone does it. Most people do lots of really stupid things. My errors are sufficiently abundant as it is.
On another subject, I have a question. What’s a reasonable amount of money for one person to spend on groceries, per week? I don’t really know. I have turned into a bargain-hunting maniac, frequenting Costco and subscribing to grocery-chain sale emails, and while I haven’t added up the cost of my food, I’ll bet it’s pretty low, because about 80% of my meals are cheap, simple, healthy stuff I eat just to stay alive. What should I be paying? Seems like I should be able to do very well on a hundred bucks a week, plus maybe twenty-five for treats, but I’m not sure.
The most expensive meat I eat regularly is fish, at around six bucks a pound. I like to buy prime beef for $12-$13, but that’s rare, and lately I’ve been finding it at Costco for seven-something. I buy whole pork loins for peanuts and cut them into chops and freeze them. I avoid prepared vegetables, like Birdseye and so on. I generally steam or nuke fresh produce. I eat boring oatmeal for breakfast. On the weekends, I like to treat myself to McMuffins and pizza and Chinese food and ice cream, but that adds up to about three meals.
I’m looking around the web, and other people claim they do great on a lot less than $125. Maybe I’m overestimating.
Anyway, the information would be appreciated.