OPT ARM – MAX FEES Cousin?

Thanks to a Blown Mortgage reader for sending this gem in. From the “you can’t make this stuff up” department I submit for your pleasure and pain the license plate “OPT ARM”. As the submitter said:

I wonder how people who’ve been swindled into an Option ARM feel when they see this car driving down the road.

opt_arm1.jpg

 Or as my buddy said.  “What were douche bag and slime ball taken?”  The base price on a BMW 645ci is north of $70,000.  So figure anywhere between 3 and 5 pay option arms to buy that sucker outright.

Gotta run now, I just vomited in my mouth a bit.