This is just so damn frustrating. . . I can't see straight. My eyeballs are hurting, that is how frustrated I am right now.
Megan and I purchased a car the other day. A brand new Mazda 3i. We had been running the numbers for nearly a week, all possible permutations and variations that we could think of. We decide that we can afford to make $1700 payments each month and still have enough left over to take care of life and put away money for savings. No big deal, eh?
So, we head down to the dealership. Everything is going great. They have the car we want (in a manual, no less) with the package we wanted at the price we had figured out. Everything is smooth as silk, until we get into financing. Because Megan has $4k in collections against her. . . she has bad credit. And me? I have no credit which is even worse than having bad credit. . . at least in the eyes of financial institutions. So we need to have a co-signer on the loan for the car and a $1000 cash down payment, which we paid on the spot.
We made a few calls, and reached Megan's mom, Susan. She agreed to be our co-signer and gave all the pertinent information. With her on the loan, our monthly payments (on a 72 month loan) would only be $399. Sweet, right? 8.9% interest. . . but we are going to be paying it off in 12 months flat. No worries.
Then Susan changes her mind while at the dealership. She isn't going to sign for it until after we have insurance on it. But I don't get paid until Friday. . . so what the ******** can I do? I spent all day today going to every single insurance company in Utah county trying to find someone that can give us a decent rate. At 4 pm, I found one. They will insure both Megan and I on this car for only $812 per 6 months. Awesome!
So I make the commitment. We have insurance as of 8:00 am Friday morning. And then Susan calls me at 4:45.
She had called the dealership and told them that she wasn't going to sign on the loan no matter what. They aren't going to argue with her, it isn't their place. So she starts rambling about "variables" and "vagaries of fate". . . and believe me, as some of you may know, I am not the kind of person that you can pass flawed logic by.
She did have a few quasi-valid points in her reason, but dammit, I am being really nice on giving it that kind of validation. Her reasoning was asinine, manipulative and down-right bitchy, in my opinion.
So, here it is now at quarter to nine, and I have yet to sleep because I am waiting to hear back from the dealership on what options I might have in this situation. They said that the only way we could get it was a co-signed loan. Susan was our only option for that and she flaked.
I guess there is another way that they might be able to pull it off. . . but if it will work, they will require more money upfront and the interest rate goes up to 20%.
I have been crying for nearly an hour now. Not because I don't think we can keep the car. The car doesn't really matter. It is the frustration of always being pulled back down just as I start to climb up that is really hurting the most. All I need is this one leg up. . . and I have my foot in the door. Financial security which then leads to my ultimate goal of freedom.
14 minutes left before the dealership closes for the day. I am not going to answer my phone after 9 tonight. I know it is stupid, but if I drag my feet until Friday morning, maybe it will work out. Nah, it would be too simple if that were the case. And simple is something that just never happens for me.
Darkslider Community Member 
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