0113 Buying a car, taking out a loan, and selling land

  The girl wore a white, slightly one size too small for her, shirt with a lightweight pony jacket over it, a little more aesthetically pleasing while still being professional, the dark gray skirt underneath was a little too short really, but that kind of dress was becoming pretty unusual nowadays.

  Yeah, it's hard to find a job now, everyone is already working hard.

  Lynch glanced at, nodded a little, he looked at the girl chest ... front of the badge, written above the title of "sales manager", this may be the cheapest ordinary people can enjoy a kind of privilege it.

  In addition to this title, there is a name, Beth, very common name.

  She was holding a writing pad in her hand and a pen in her other hand on the pad, looking very professional, while also inquiring about Lynch's preference in purchasing a car.

  This is a very common tactic, in front of the customer to record the customer's preferences will make the customer feel a sense of their own importance, in fact, this "importance" will not be long to be sold to some consulting and research organizations, as well as automobile manufacturers, perhaps this is indeed a kind of importance, but this kind of importance can be sold for money. The

  For customers like Lynch who buy luxury cars, their "importance" can be sold at a higher price.

  Lynch said a few points demand, to be beautiful, to be generous, to have some serious, but also noble.

  These requirements to say out your girl immediately came to interest, she led Lynch to another showroom, some of the more well-known luxury cars in the Federation are parked here, most of them are sedans.

  Sedans are more expensive and have a wider audience in the social group, even the President's car is a limousine, which makes people recognize that sedans are a type of car suitable for formal occasions, rather than those with a strong "cost-effective" commercial vehicles.

  People's understanding of commercial vehicles is often because it is suitable for family use, so even if the commercial vehicles in the materials and technology is not worse than the sedan, in the price will be much worse, because it is not formal enough.

  A large number of luxury cars were placed together, Lynch watched with some amazement as the girl was able to name them and their manufacturers without hesitation, in Lynch's opinion these sedans were practically all similar.

  Maybe it was limited by the current industrial process, or maybe it was the current people's aesthetics and so on, the style of the sedans were generally not very different, some different brands of cars could not even distinguish them from the appearance of the difference between them.

  This also made Lynch's desire to pick a car much lower, anyway, the appearance is similar, buy just a different car label.

  "What do you recommend?" , Lynch casually touched the paint of a car and felt that it wasn't too bad, he turned back to the sales manager.

  The joy on the sales manager's face flickered, it was rare to see such a brash customer like this, she asked with a hint of expectation, and cautiously, "Sir, what is your budget?"

  Lynch smiled, the handsome boy's smile was always so sunny, Beth's eyes were a little lost in thought, "To be able to meet my requirements, as good as possible, not those entry-level cars."

  He didn't answer positively about the budget requirement, Beth almost had a number in her mind, and immediately guided Lynch to a bright silver car, which was indeed a bit different from the others, its front engine compartment was a bit longer, and the whole from body was longer as well.

  Obviously it should have felt incongruous, but it gave off an indefinable aesthetic, perhaps it had something to do with its mirrored silver paint job.

  "This is the latest and most luxurious of the HAWES limousine series, some of the country's celebrities, dignitaries, bought it in the first place, and it's priced at less than one hundred thousand dollars, so it's definitely the most suitable choice for you."

  Lynch briefly looked at it, under Beth's introduction he also got on the car to experience the leather full wrap-around rear seats and the flattening function, it was even equipped with a record player and the ability to listen to the radio, listening to the radio in the car was definitely an enjoyment that only a luxury car could have.

  "How much?" , Lynch patted the body and added, "There are some parts I don't like, do you have someone here who can modify it?"

  After a period of friendly negotiation, Lynch finally bought the car for 120, 000 dollars, and after refusing Manager Beth's request for home delivery, Lynch directly drove the car himself out of the car sales center, went straight to the bank, and found Joe Gleeman.

  When he found Joe Gleeman, Joe Gleeman was chatting with his subordinates, he was always in a good mood in recent times, the state branch had twice praised him by name on the conference call for his outstanding achievements during this period of time, and also called on everyone to learn from him.

  There was even the possibility that he might be able to take over the position of local bank president, once this kind of thing that he had not even dared to think about before became a reality, he would immediately be able to enter the upper class of the society, and all of this was brought about by this young man Lynch.

  When he heard that Lynch had come to visit him, he immediately expelled the others in his office and personally introduced Lynch into his office.

  He opened the box on his desk, picked out a Solid Color and handed it over, casually asking, "What can I do for you?"

  There was an air of intimacy and joy in his words, and Lynch cut the ends of the cigar, and Joe Gleeman immediately volunteered to take the blowtorch and light the Solid Color for him.

  Lynch casually dropped the proof of his car purchase on the table, and Joe Gleeman raised an eyebrow and looked it over.

  Though he acted like he was good for anything and everything, when he really got into the swing of things, he immediately became serious and scrutinized.

  After reviewing this material and the complete tax certificate, he looked up at Lynch, "If you want to buy a car you can actually come to me, I know local dealers who will give you a cheaper price."

  The sale of a contraption like a car that could be seen as a luxury item was not as easy as one would think, especially some luxury cars, except for some special best-selling models, most of them were in a state of stagnant sales.

  Car manufacturers, sales manufacturers have a large backlog of cars, these cars can not be quickly realized also dragged down their liquidity, in order to solve these problems, they will often be these cars mortgaged to the bank, with the bank's mortgage to ease the pressure on capital.

  Joe Gleeman can easily get a very low discount price, those who want to borrow from him, want to keep the fee down, it must be something.

  This kind of operation that wasn't really a violation wouldn't be pursued, it was just one of the many perks of being in the banking industry, and they always managed to have a good relationship with the companies.

  Lynch shook his head and exhaled a mouthful of smoke, "I'm applying for a low-interest loan for a car worth 120, 000, how much can you put me down for?"

  Joe Gleeman looked at these materials in his hand, then left one of them, and lifted the phone to ask his secretary to prepare a mortgage contract.

  Only after he hung up the phone did he smile and say, "I'll try to give you a reasonable price, we're friends, right?"

  Lynch nodded as he raised his hand with the Solid Color he was holding, affirming Joe Gleeman's words, "We're friends."

  Bank valuations often don't value an item at its sales markup, and a hundred dollars is often only worth fifty, or sixty, in their hands.

  But it's not like there's nothing in here that can't be manipulated, such as valuation errors, such as real-time price fluctuations, such as the many ways to make some error between the valuation and the final result, which is normal, and the yearly bad debt targets are designed to cope with these situations.

  These metrics are used so that the people at the top don't reprimand Joe Gleeman for lapses in his work; after all, the lending department is inherently risky.

  A few years ago, the popular Valcidor gemstone, the price of a carat is about two thousand dollars, but suddenly the local area was exposed to the discovery of a huge reserves of Valcidor gemstone mine, all the market price of gemstones fell from two thousand dollars a carat to two hundred dollars a carat.

  This was something that no one could reverse by virtue of their personal ability, and of which the banks must have suffered greatly; historically, jewels had been the most popular pledge, and subsequently no bank was heard of criticizing the scripters who had accepted mortgages for these gems.

  These indicators are not used, and they will not praise Joe Gleeman for doing a good job of risk management, they will only feel that this is what he should have done.

  So whether they are used or not will have no real impact on them, so why not use them?

  So no one would pursue these permissible mistakes, and as long as they didn't go too far, and didn't exceed a threshold of acquiescence in everyone's mind, no one would actively talk about these work-related things.

  Soon after, Lynch signed a mortgage contract, and then the 120, 000 cash was transferred directly into his account, and he needed to pay the bank a hundred dollars of interest every month until he either paid it back or couldn't afford to replace it.

  This practice wasn't invented by Lynch, in fact it had been commonplace in all walks of life before this, otherwise Joe Gleeman wouldn't have known what he was trying to do without Lynch having to remind him.

  For Joe Gleeman, he once again deepened his connection with Lynch through this trivial matter.

  As for Lynch, he bought a 120, 000 worth of luxury car for a hundred and fifty dollars per month, and no one lost out.

  After talking about these small things, Lynch talked about his real intention to come, he planned to sell the land where the Sabine professional rugby club was now.

  If the land stayed in his hands, he wouldn't have the funds to build a new club outside of the city and would lack the start-up capital for his own plans, and with the financial crisis near, if he didn't sell it now was he going to wait until it was worthless?