Tires on layaway

[bofa]

What kind of ghetto sh_t is that?

Long story short, I'm looking for a set of Duratracs that are apparently on nationwide backorder until January. There are two sets in my area and both are on layaway so they won't sell them.

I didn't even know you could put tires on layaway.

 

[02SE]

It's a sure sign of our vibrant Economy..

 

[Quatre Coureur]

tirebuyer.com Been getting my tires from them. Free shipping if delivered to a local installer. 265/70R17 $183 Duratracs

 

[bofa]

tirebuyer.com Been getting my tires from them. Free shipping if delivered to a local installer. 265/70R17 $183

Thanks, yeah I tried them but they were OOS too for 275/55/20.

I think I'm going to go with the BF Goodrich A/T KO2 instead. They are a bit more, but I really don't want to wait around.

I've never had this tough of a time buying tires. I wonder what's up with the stock issue.

 

[junkyardbiker]

Hey! I did my tires on layaway last year since I didnt really have 900 dollars to drop all at one time! I think its a pretty good concept and can help the economy, getting products to the consumer they normally wouldnt be able to afford otherwise.

 

[LittleCaesar]

Must have known they were going on a Jeep.

I have seen everything put on layaway, even tires, but those were only a pair of Mickey Ts.

I worked in a stereo store in high school, the owner allowed unlimited layaway plans as long as the customer put down a monthly minimum or holding fee it was called. One guy took four years to pay off a pair, and by then they were no longer being made.

 

[hearno]

Hey! I did my tires on layaway last year since I didnt really have 900 dollars to drop all at one time! I think its a pretty good concept and can help the economy, getting products to the consumer they normally wouldnt be able to afford otherwise.

I don't get it... why not just save your money until you have what you need, then just go buy what you've been saving for. Why let some random business hold your money?

 

[MtnT4R]

I don't get it... why not just save your money until you have what you need, then just go buy what you've been saving for. Why let some random business hold your money?

It only seems to make sense when you consider there is a fairly large demographic that makes good use of "CHECKS CASHED HERE" institutions.

 

[bofa]

I don't get it... why not just save your money until you have what you need, then just go buy what you've been saving for. Why let some random business hold your money?

My thoughts exactly. Either save up or put it on a card and pay it off at the end of the month (I like rewards points).

I would be better with it if they would sell what they had in stock and make those with the layaway plans wait on the new stock. My wife used to work at a furniture store in college and that's how they handled it. If it wasn't in stock when you were ready, they refunded you or let you pick something else.

Either way, a retail establishment isn't the best piggy bank, unless you don't like earning interest. And tire prices are pretty consistent. Just the rebates vary and you only qualify for those based on the purchase date, not the layaway date.

 

[bofa]

Must have known they were going on a Jeep.

I have seen everything put on layaway, even tires, but those were only a pair of Mickey Ts.

I worked in a stereo store in high school, the owner allowed unlimited layaway plans as long as the customer put down a monthly minimum or holding fee it was called. One guy took four years to pay off a pair, and by then they were no longer being made.

lol.. nice jab at the Jeep.


I wonder how long the layaway plan is.

 

[junkyardbiker]

Couldnt really wait to save and buy the tires, When I got my 4runner the tires the PO had on it were dry rotted and bald, and I wasnt going to just put cheap tires on it to turn around and really get the ones I wanted. And as for the save up and get them, Its the same really. just walmart holding your money. So whenever I had a good payout from my side job I would put all that money staright to it. I pretty much deal in cash only outside of my career and bill paying. screw those payday loan places and checks cashed here deals. Ive got a friend who is so head over heels up to his eyeballs and through his a** hes never going to get out from under it.

 

[02SE]

It only seems to make sense when you consider there is a fairly large demographic that makes good use of "CHECKS CASHED HERE" institutions.

Yep, I am amazed at the number of 'Payday Loan' establishments that proliferate in some areas. Interest rates that border on Usury. Of course if you mention that to their clientele, almost universally they don't understand the concept of earning or paying interest.

Which begs the question: What IS being taught in our Schools?

 

[junkyardbiker]

nothing usefull in real life thats for sure

 

[MtnT4R]

Well, they certainly don't teach anything resembling Personal Finance 101. I'd guess that 99% of consumers first hear about the Truth in Lending Act while they are signing the paperwork for a huge purchase that will put them into debt for years to come. How absurd is that? And the only reason why they learn about it at all is because the law itself requires it :doh:

It took me nearly 2 years to convince a good friend of mine that he really needed to open a checking account instead of cashing his paychecks. He had somehow acquired the Depression era mentality of literally stashing his cash in a coffee can hidden in his condo- in employee housing no less. He is not an idiot by any means, but nobody in his life had taught him anything about finance, period. I think if we went 'around the room' so to speak, probably all of us learned about money management from our parents, right? Either what to do or what not to do, as the case might have been.

Maybe one day soon they will start teaching a personal finance course in our schools. Anyone here with kids know if they even offer that sort of class anywhere? Probably a little more prevalent in private schools...

 

[wnelax04sr5]

Well, they certainly don't teach anything resembling Personal Finance 101. I'd guess that 99% of consumers first hear about the Truth in Lending Act while they are signing the paperwork for a huge purchase that will put them into debt for years to come. How absurd is that? And the only reason why they learn about it at all is because the law itself requires it :doh:

It took me nearly 2 years to convince a good friend of mine that he really needed to open a checking account instead of cashing his paychecks. He had somehow acquired the Depression era mentality of literally stashing his cash in a coffee can hidden in his condo- in employee housing no less. He is not an idiot by any means, but nobody in his life had taught him anything about finance, period. I think if we went 'around the room' so to speak, probably all of us learned about money management from our parents, right? Either what to do or what not to do, as the case might have been.

Maybe one day soon they will start teaching a personal finance course in our schools. Anyone here with kids know if they even offer that sort of class anywhere? Probably a little more prevalent in private schools...

its hit or miss, with high schools at least. my aunt works as high school math teacher and used to be a finance teacher in addition at a previous job at a public school. she took a job at another public HS (in MD) and asked if there were finance classes she could possibly teach and the administration told her they don't offer finance courses because "it doesn't fit core requirements"

 

[wallytoo]

Couldnt really wait to save and buy the tires, When I got my 4runner the tires the PO had on it were dry rotted and bald, and I wasnt going to just put cheap tires on it to turn around and really get the ones I wanted.

:shrug:

so walmart gave you the tires up front, before you finished paying for them?

 

[MtnT4R]

they don't offer finance courses because "it doesn't fit core requirements"

This just made me bust out laughing because that is easily the most absurd statement I have read all year(at least). But if that is the official attitude of the school administration, what can you do?

 

[junkyardbiker]

no, but if i keep the money around here it gets "repurposed" lol

 

[KidVermicious]

Well, they certainly don't teach anything resembling Personal Finance 101. I'd guess that 99% of consumers first hear about the Truth in Lending Act while they are signing the paperwork for a huge purchase that will put them into debt for years to come. How absurd is that? And the only reason why they learn about it at all is because the law itself requires it :doh:

It took me nearly 2 years to convince a good friend of mine that he really needed to open a checking account instead of cashing his paychecks. He had somehow acquired the Depression era mentality of literally stashing his cash in a coffee can hidden in his condo- in employee housing no less. He is not an idiot by any means, but nobody in his life had taught him anything about finance, period. I think if we went 'around the room' so to speak, probably all of us learned about money management from our parents, right? Either what to do or what not to do, as the case might have been.

Maybe one day soon they will start teaching a personal finance course in our schools. Anyone here with kids know if they even offer that sort of class anywhere? Probably a little more prevalent in private schools...

I'm glad they don't. I'm not interested in my boys being taught how to manage debt so they can keep up with the Joneses. I'm going to teach them how NOT TO HAVE debt so they can laugh at the Joneses.

 

[MtnT4R]

I'm glad they don't. I'm not interested in my boys being taught how to manage debt so they can keep up with the Joneses. I'm going to teach them how NOT TO HAVE debt so they can laugh at the Joneses.

I have no doubt you will teach your kids more effectively than any personal finance class could, but that is the benefit of having an engaged and caring father that not everyone is fortunate enough to have.

Out of curiosity, do you believe all debt is bad? Or do you carefully invest in good debt while avoiding bad debt, to the extent of your ability?

I know there is one member on here who pays cash for absolutely everything, no debt ever. And of course by contrast I did have a professor once who was of the opinion that you should never be out of debt; that you should always be finding ways to leverage other peoples' money to advance your own wealth.