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Litigation

: Structured Settlements 4Real

Ferrari For Structured Settlement?

By John Darer

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Structured Asset Funding (a/k/a 123 Lump Sum, a/k/a 123 Lump Dumb, a/k/a you know who's funding source) continues to suggest in its web advertising that selling structured settlement payment rights to buy a luxury car or boat is a good idea. Its web advertising contains a picture of what is believed to be a Ferrari (but I'll defer to sports car enthusiasts if I'm wrong).

What does Structured Asset Funding hope your thinking?

Wow, a Ferrari! Man, I could see myself riding around in one of those babies!

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OK, let's see - how much is a new Ferrari? Hmmm . . . a quick check on Google, and . . . ahh, here it is - a 2007 Ferrari 599 Coupe GTB Fiorano F1 retails for around $273,845! But I AM a master negotiator, so I can probably get him down to $270,000 or so AND a FREE golf towel!

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Fair enough.

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Now, how much of my $2,000 per month annuity will I have to give up to Structured Asset Funding, or any other company for my new sweet, sweet wheels? ALL of my 30 years guaranteed payments you say? But I'll STILL have the lifetime payments starting 30 years from now?

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Pinch me I'm Must Be Dreaming!

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Man, they're practically GIVING 'em away!

Oops - 3:00pm. Time for more medication.

Full post as published by Structured Settlements 4Real on February 21, 2008 (boomark / email).

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