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damn where were we? (pg. 2)
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View this Thread in Original format
| emc^2 |
| quote: | Originally posted by gehzumteufel
"I have never really been too good at Math"[/URL] |
...an understatement of the year :rolleyes: but I call SHENANIGANS! No one could possibly be that stupid nor in a possition to be a sales manager. This whiffs of major barnhouse full of bulls. :clown:
(tho I did see "Dilbert Principle" at work quite a few times...) |
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| dj_bas |
| quote: | Originally posted by Sunsnail
The house I live in is worth as much as a Porsche. Thanks. |
lol what a hole! |
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| gehzumteufel |
| quote: | Originally posted by dj_bas
He must live in a hole if his house is only worth as much as a Porsche. |
2nd mortgage = Equity Line :) so that would mean his house is worth MORE than a porsche. :) |
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| stren |
| quote: | Originally posted by gehzumteufel
"I have never really been too good at Math and I was sure the whole time we were making money - I was initially blown away by the amount of cars we were selling in that first hour. I had seen the "buy one get one free card" work extremely well for the new coffee shop down the road and thought what a great idea I will try it here."
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LMAO :haha: |
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| gehzumteufel |
| quote: | Originally posted by stren
LMAO :haha: |
lol yeah. ing idiot. the profit margin on a single cup of coffee is hundreds of times higher than a car. |
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| emc^2 |
| quote: | Originally posted by stren
LMAO :haha: |
awww. burn. to get that kind of reaction out of a polak? erm.. I mean Pole... :)
/runs and hides
j/k mate. lav ya, muwha! :tongue2 |
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| stren |
| quote: | Originally posted by emc^2
awww. burn. to get that kind of reaction out of a polak? erm.. I mean Pole... :)
/runs and hides
j/k mate. lav ya, muwha! :tongue2 |
nah, its ok, we're inferior
:wtf: |
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| dj_bas |
| quote: | Originally posted by gehzumteufel
2nd mortgage = Equity Line :) so that would mean his house is worth MORE than a porsche. :) |
That was my point. If he took out a second mortgage to buy a Porsche...he can't very well sell the free one and have the money to pay off his second mortgage now can he? |
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| gehzumteufel |
| quote: | Originally posted by dj_bas
That was my point. If he took out a second mortgage to buy a Porsche...he can't very well sell the free one and have the money to pay off his second mortgage now can he? |
why not? he may incur what...2-300 worth of interest a day? so he sells the free one for the total price and he then pays off the 2nd. not that hard. its not like hes penalized for paying it off early. |
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| Sushipunk |
| :stongue: Holy , that's awesome. |
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| Lebezniatnikov |
| Yeah, he basically broke even. Say he spends $75,000 on the Porsche, sells the free on on eBay for $70,000... he's still down $5000, but he can pay back up to $70,000 on the mortgage and has a Porsche to show for it. I'd say they both win at life. |
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| dj_bas |
| quote: | Originally posted by Lebezniatnikov
Yeah, he basically broke even. Say he spends $75,000 on the Porsche, sells the free on on eBay for $70,000... he's still down $5000, but he can pay back up to $70,000 on the mortgage and has a Porsche to show for it. I'd say they both win at life. |
Ok so $70,000 worth of second mortgage is paid off...what about the remaining $300,000+? Am I not understanding what a mortgage is or what? |
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