That's just a glimpse at America's financial literacy. Paying over a $1000 per month for a vehicle is a no-no if you no making minimum $6k a month after taxes. Rent/Mortgage + car note & insurance sounds like nearly $3k a month for most in that video.
I know damn well they're not making $6k per month. They have no financial room to breath if an unexpected expense pop up.
My goodnes at the car notes. I wonder what's their interest rates?
Bruh, that's thing about a lot of folks in the Sales life. Brehs catch one or two good bonus or commission checks, and start assuming they they're ALWAYS going to sell at that clip.
On top of them dipping into the money they already paid them for these payments, the dealership is still gonna be eating off their plate one way or another after they leave or get fired.
Gotdamn, payments set up knowing the buyers are getting them shyts repossessed in two years, tops.
Putting pen to paper to spend $67,200 over seven years on what looks like a mid-2000s SUV looking like it's riding off the lot on at least one donut.
Breh signing up to say he'll spend most of a decade paying damn near $60,000 for a car that looks like it might've been $25,000 brand new.
Both of them bytches probably sitting on high five figure to six figure mileage on them.