Payment plans and plummeting prices...

I would bet you that it happens. People try to get out of payment plans all the time or try to renegotiate (this is speculation on my part). I'd like to hear from some people who have had it happen to them

Another key point here, is that people willing and able to spend $10k plus on a snake don't NEED payment plans. Us bottom feeders looking to scrounge up $2k for an albino probably utilize payment plans much more often.

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Originally Posted by elevatethis

Another key point here, is that people willing and able to spend $10k plus on a snake don't NEED payment plans. Us bottom feeders looking to scrounge up $2k for an albino probably utilize payment plans much more often.

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Bahah..I never thought of myself as a bottom feeder but I'm sure some would disagree! :)

Hey, everyone needs a reality check every now and then!

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Originally Posted by elevatethis

Another key point here, is that people willing and able to spend $10k plus on a snake don't NEED payment plans.

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Heeeey...I said that! =) But yeah, I agree...if you're gonna really spend that much, you probably have it, either already in cash or as a part of a business loan from your bank, whatever...

Bottom feeder has a really negative connotation. People serious about their purchase of a $2k albino but just a little short of available cash, a couple month payment plan sounds a great opportunity to start building your breeding collection.

Some schmuck "wants cool snakes" but disappears after the sale is final and the deposit...that's a bottom feeder. Problem buyer. =)

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Bottom feeder has a really negative connotation.

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I was just bustin' everyones nuts...including my own...

elevatethis=champion :groinkick

Seems like payment plans are best made with a lending institution. They have it all figured out.

I pay cash. If I don't have the money I don't spend it. This means no brand new cars, fancy watches or black eyed lucys in my future ;)

Quote:

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Originally Posted by elevatethis

Another key point here, is that people willing and able to spend $10k plus on a snake don't NEED payment plans. Us bottom feeders looking to scrounge up $2k for an albino probably utilize payment plans much more often.

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So it logically follows that people pay cash for BMW's, and need loans for 86 Chryslers? :D. Most people DON'T have the funds to purchase a $30,000 snake outright, and some don't have the funds to purchase a $2500 snake outright.

But to answer the OP, payment plans are a method of payment. It's no different then putting it all on a credit card and expecting a refund a year later when the price drops.

This is gonna sound stupid since im new here, but damn, 35k for a snake?! wow. I guess im an underground feeder than, cause im struggling to get a set up done intime for my 40 dollar female hatchling... i hope someone gets a laugh outa this!
Anyways, i'll love her just as much as anyone.

If the payment plan is more than 6-12 months, couldnt you just wait next year for the same breeder to have a similar snake for sale (at a lower price?) and put money in savings to save up for it?

Longer payment plans dont make sense for sellers if the price on the product is going up, or for buyers if the price is going down significantly

Do people utilize payment plans mostly because they see a snake they want, and to secure it they start a payment plan and receive the snake after they've paid it off?

If someone just wanted a "male albino" and they knew 20 people who had them for sale, would they be more likely to save up for one, and get it when they can afford it, or try to start a payment plan instead?