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Why nobody ever wins the car at the mall (2018)

thehustle.co

111–120 of 264 posts

Re: Why nobody ever wins the car at the mall (2018)

#111

I'm suprised they go to so much effort to get peoples info in 2022. Surely u can scrape as much of that as you want from social media or just buy it en-mass? Then u can spam people to your hearts content.

They are looking for qualified leads, 28 years or older, hopefully in a couple, mobile number, where you like to go on vacation, and what type of credit card(s) you own. Scraping social media will absolutely not generate leads that a salesperson can contact.

Re: Why nobody ever wins the car at the mall (2018)

#112
post #98

I actually gave away a Porsche 911. This was not a mall giveaway but a marketing experiment for my new startup: Flat 6 Club. Yes, we wanted something in return, in this case, we wanted you to buy a t-shirt or start a subscription (merch+content+events), which gives us essentially all the same info, which would enter you in a sweepstakes to win the car. We also wanted to promote the club, which we did. We researched i…

In a world where the deck is stacked against most people regardless whether they "do the right things" like go to college hope of a chance windfall may be the only way to reach beyond their economic situation. $9.11 saved per month isn't going to ever buy a car, but it might win one and that's an easy value proposition to some people.

Going to college isn't right or wrong it can only improve your chances of getting a job or a higher salary in certain careers.

If this doesn't work out moving to the probability of a windfall maybe desperation but it's not smart.

If people believe this is their only hope that's sad and we should guide them to make better decisions.

Re: Why nobody ever wins the car at the mall (2018)

#114

Problem is that upon winning then you’re liable for sales tax when you go to register at the DMV.

How does this work, given there is no sale? Sales tax applies to the sale price paid, but there is no payment. I think the same is true for use tax, too.

Just like if somebody gifts you a car and you try to register. You need to pay the estimated value sales tax.

Re: Why nobody ever wins the car at the mall (2018)

#115
post #91

Earlier quoted context omitted.

By that token, you're not free and clear if there are homeowner association fees or property taxes. Technically correct is the best kind of correct.

I don't think there's a way of owning a domicile in any capitalist country without paying a membership fee (property tax) to the government. If you rent, you're doing that indirectly.

But a rental has a lease termination date. Ownership does not.

Re: Why nobody ever wins the car at the mall (2018)

#116

Earlier quoted context omitted.

Don't worry, they've mostly moved on to selling crypto and NFTs for the most part... I haven't seen a car parked in my local mall for ages, there's a bitcoin ATM parked in that space now. There's a certain breed of huckster that even if they designated a prize winner, it would be one of their family members. The most important part of managing scams is to expose them, and cite the names involved so that they need to…

> The most important part of managing scams is to expose them, and cite the names involved so that they need to pick a different line of work. Or we make these scams illegal. Sending scammers to jail is much more effective than finger wagging.

Cost of a police investigation, prosecution, and then housing them in jail for what? 2 years ?

Public shaming is much cheaper

Re: Why nobody ever wins the car at the mall (2018)

#117

Earlier quoted context omitted.

I think they're talking about the fact that you're required to pay condo fees to maintain your ownership of the condo, which does kind of make it a hybrid rental in a way. Obviously there's pretty good reasons for condo fees on some level (ignoring any mismanagement that may or may not be uncommon -- though sometimes the mismanagement is that they're too low ), but it's something you have to factor in. You can never…

By that token, you're not free and clear if there are homeowner association fees or property taxes. Technically correct is the best kind of correct.

I mean, "homeowner association fees" are just condo fees for places that aren't apartments. They seem even less likely to go towards anything useful than condo fees do though.

But yes, that's true about property taxes. But since that's a commonality between condos and otherwise-individually-owned property it doesn't really matter. In a condo you pay both, but if you own outright you only pay one. In a rental you're kinda paying both combined, because the owner pays property taxes and then presumably also tries to extract profit.

Anyways, I don't agree that condos are a scam in the same way that timeshares are, and I don't think a condo is just a glorified rental (though the one condo I have owned in my life had absurdly high fees that I regretted getting myself into) or a scam like timeshares are. I was just trying to explain what I though the GP meant.

Re: Why nobody ever wins the car at the mall (2018)

#118

Earlier quoted context omitted.

Don't worry, they've mostly moved on to selling crypto and NFTs for the most part... I haven't seen a car parked in my local mall for ages, there's a bitcoin ATM parked in that space now. There's a certain breed of huckster that even if they designated a prize winner, it would be one of their family members. The most important part of managing scams is to expose them, and cite the names involved so that they need to…

> The most important part of managing scams is to expose them, and cite the names involved so that they need to pick a different line of work. Or we make these scams illegal. Sending scammers to jail is much more effective than finger wagging.

All of the above is fine with me. I don't know why it should just be "either/or".

Re: Why nobody ever wins the car at the mall (2018)

#119

Earlier quoted context omitted.

In this economy!? Anecdotally, I had 20000x more money at 22 than 28. If I remain employed for the rest of the year I might be on par by the end of it. Graphing my income over the last 10 years would look like a memory leak

Ha, what did you do right or wrong to end up with declining income?

Really hope that they meant disposable income and they're just maxing out 401k contributions and have kids and the like!
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