Someone got their wheels repo'd today in broad daylight!
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From: Woodinville, Wa
What went down @ Capital Mall in Olympia, Washington -
"Capitol mall, crew came and took wheels and tires from someone's car and left car on some set of junk rims. Hate to be that guy getting off work and BAM"
Verbatim!
"Capitol mall, crew came and took wheels and tires from someone's car and left car on some set of junk rims. Hate to be that guy getting off work and BAM"
Verbatim!
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Ever since being in Daytona 3 years ago I see these "leasing rims" biz's...is this actually a viable business? BC, the one in Daytona is still there...and I am confused, possibly bc I am a large white conservative, but the aspect of leasing rims to me seems retarded.
Joined: May 2009
Posts: 4,293
Likes: 2
From: Spartanburg(SparkleCity), SC
It's a pretty lucrative business model that mainly targets broke thugs that want to live like ballers today and figure out how to pay for it tomorrow.
This is no different than:
- "Buy here, pay here" month to month car rent-to-own places
- Payday advance loans
- Title loans
This is no different than:
- "Buy here, pay here" month to month car rent-to-own places
- Payday advance loans
- Title loans
Joined: May 2009
Posts: 4,293
Likes: 2
From: Spartanburg(SparkleCity), SC
The wheels they sell aren't nice or really expensive, they are just blingy and marked up prices. It's not like they are Volks or anything… it's usually cheap/crap chrome wheels in the standard "hey look at me, I have shiny wheels" - or "hey look, they spinnin', they spinnin' "
So the dummies think they are getting $4000 wheels just because that's what the price says in the store and "they sure are shiny, they must be expensive". They are really wheels that are manufactured so cheaply that they probably break even on the second month's payment due to the massive markup.
So the dummies think they are getting $4000 wheels just because that's what the price says in the store and "they sure are shiny, they must be expensive". They are really wheels that are manufactured so cheaply that they probably break even on the second month's payment due to the massive markup.
Joined: May 2009
Posts: 4,293
Likes: 2
From: Spartanburg(SparkleCity), SC
Nope. It's all over. I know a main investor/owner of one of the big chains that does this, and they are in all 4 time zones and target store locations in the inner-city ghettos and lower-income suburbs of medium to large cities.
Cali may have consumer protection laws that prevent this type of "predatory business", so that may be why you haven't seen them. Cali seems to be a little more progressive on laws like that.
Cali may have consumer protection laws that prevent this type of "predatory business", so that may be why you haven't seen them. Cali seems to be a little more progressive on laws like that.
Last edited by SparkleCityHop; Jun 23, 2012 at 07:32 PM.
Yeah, I have only seent the Rent_A_Wheel, not joking, thats the name...in Daytona Beach....would be perfect for my market.
And I def figured they would be cheap ish rims, for sure lol...I knew they werent sporting any enthusiasts.
PM me your buds info or vice versa, so we could penetrate, for lack of a better term the segment in Midwest...lol
And I def figured they would be cheap ish rims, for sure lol...I knew they werent sporting any enthusiasts.
PM me your buds info or vice versa, so we could penetrate, for lack of a better term the segment in Midwest...lol
I don't see the problem in this. It's not like these so called "ballas" were fooled into spending money on these, let them spend their minimum wage earnings. In fact, I know a guy who is renting a set and it's uhhhhhhhgly and yes it's chromed and yes he's not all that bright.
The wheels they sell aren't nice or really expensive, they are just blingy and marked up prices. It's not like they are Volks or anything… it's usually cheap/crap chrome wheels in the standard "hey look at me, I have shiny wheels" - or "hey look, they spinnin', they spinnin' "
So the dummies think they are getting $4000 wheels just because that's what the price says in the store and "they sure are shiny, they must be expensive". They are really wheels that are manufactured so cheaply that they probably break even on the second month's payment due to the massive markup.
So the dummies think they are getting $4000 wheels just because that's what the price says in the store and "they sure are shiny, they must be expensive". They are really wheels that are manufactured so cheaply that they probably break even on the second month's payment due to the massive markup.
Nope. It's all over. I know a main investor/owner of one of the big chains that does this, and they are in all 4 time zones and target store locations in the inner-city ghettos and lower-income suburbs of medium to large cities.
Cali may have consumer protection laws that prevent this type of "predatory business", so that may be why you haven't seen them. Cali seems to be a little more progressive on laws like that.
Cali may have consumer protection laws that prevent this type of "predatory business", so that may be why you haven't seen them. Cali seems to be a little more progressive on laws like that.
It's a pretty lucrative business model that mainly targets broke thugs that want to live like ballers today and figure out how to pay for it tomorrow.
This is no different than:
- "Buy here, pay here" month to month car rent-to-own places
- Payday advance loans
- Title loans
This is no different than:
- "Buy here, pay here" month to month car rent-to-own places
- Payday advance loans
- Title loans







