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Showing posts with the label psychology of the sale

The Ultimate Buying Experience

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A friend of mine totaled his car last year, and the car was 100% paid off.  Sound familiar?  This has happened to me before, too.  And honestly, factoring in car depreciation, we totally get screwed on this whole deal.  Insurance companies don't build 100 story towers in all the major cities by paying out claims and taking care of the policy holder.  I feel like I can say this, since I sold property and casualty insurance, but insurance is nothing but a racket that is legally mandated.  Fortunately, his insurance policy put him in a loaner/rental for a few months until he could decide on a replacement and not feel rushed.   A few days ago my same friend texted me, and I replied "New phone who dis."  Just kidding, but he informed me that he had decided on another BMW X5, particularly a 2020 that was used as a loaner for a few months (with just a little over 3,000 miles)!  I, of course, being the solid friend that I am, volunteered to...