Andrew Ahrens, of Ahrens Investment Partners, a financial advisor based in Lafayette, La., has a problem. “I have all these little blue-haired old ladies who keep bringing me home-made cookies, which I then eat,” he complains with a laugh.
The reason? He’s done each of them some favor like helping them buy a car. “I’ve probably bought 250 cars for older clients — mostly widows,” he says. “They’ll tell me they’re buying a new car, and I’ll ask what they’re paying. Often it’s an outrageous amount, so I go see the dealer and the price will go way down as soon as I walk in.”
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