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RATE/SPREAD

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RATE/SPREAD

Post  gillsdinar on Thu Sep 01, 2011 1:30 pm

Okie or who ever knows!!!!
What shoud I expect to pay in the way of a % for a spread to cash in/out?I bought my dinar at a local tx bank and Im not sure how to negotiat it.The branch manager is invested as well but im not to sure he knows as corp has been telling him its a scam.Funny corp says scam but they will sell it to you?If it was a scam that would make for allot of exposure to a bank for a law suit.LOL think about it.

Thanks Gill
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Re: RATE/SPREAD

Post  BoltUpright on Thu Sep 01, 2011 1:43 pm

Millions of people have thought about that SCAM thing for months now. All the banks had to change their 'wording' to avoid the lawsuits. As far as the spread goes, just wait until if/when it ever RV's, then you'll see a huge difference between the CBI 'Buy' rate and the Bank rate. As long as the dealers will still offer the CBI rate as they have stated they would numerous times, then you can negotiate that rate against what the bank is willing to offer. If the banks won't deal, get in line and wait a month or two for an appt. with a dealer. It will be worth the wait. IMO
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Re: RATE/SPREAD

Post  therealbutterfly on Thu Sep 01, 2011 7:21 pm

Just hold off a day or two and see what deals are posted so you have something tangible to go in the bank with. I know I will be going with Mailman17 from DS and a few other peeps from there to negotiate with several banks and we will be posting the results for everyone to use. Hope that helps!
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Re: RATE/SPREAD

Post  Guest on Thu Sep 01, 2011 7:25 pm

@therealbutterfly wrote:Just hold off a day or two and see what deals are posted so you have something tangible to go in the bank with. I know I will be going with Mailman17 from DS and a few other peeps from there to negotiate with several banks and we will be posting the results for everyone to use. Hope that helps!

Any cash-in stories/info would be cool.

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