Car dealership employees ether themselves bragging about having $1,000+ car payments.

gonnagetit

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I pay $0 per month in car payments been this way the past 15 years. When I did have a car payment it was $350 per month for a 2 year old Mercedes Benz C-Class with 4k down the car was 17k. I paid double to get the car payments done within 2 years. Sold the car for the same price I purchased it 2 years later getting back 17k. After that the loan company offered me more financing to buy another car up to 50k I bought another benz about 32k with another $350 car payment after putting 16k down. Got tired of the payment after 2 months I sold it because I knew depreciation was coming sold it for 30.5k but it was worth it because I got out loan and got me another car paying it off in full and reselling that car 8 months later making a 2k profit. In other words you can drive free with no car payment then flip a few years later depending on what car it is and the desirability and make a small profit or break even. Key is you got to avoid dealership get your own financing and buy private party on Craigslist, Autotrader, Ebay, etc. Usually private party you can get wholesale price. All you do is take the KBB trade in value and deduct about 20% off that value and it will give you wholesale price what the dealer is actually paying. Quote the wholesale prices and whomever sells for that price thats the deal you want. It takes some work but theres tons of sellers thats in need to sell their vehicles for wholesale because they need the funds.
 

BigMoneyGrip

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I don’t mind a car note over $1k however it has to be your only car note and you have a backup vehicle or a couple that’s all paid for… but if you doing over a stack a month it better be a premium vehicle bimmer, Benz, Audi, Land Rover etc… can’t be no dodge or ford type shyt

I just copped a 22 MB GLS 450 with the AMG appearance package.. I got it for a tick under $95k leased.. I traded in my 18’ Model X, My payment is $1420 a month but guess what that’s my only payment and it’s leased… it’s the family vehicle with full warranty on a 36 month lease with 10k miles a year.. Also I’m glad I bushed but hellcat a few months back insurance went through the roof in NY for them.. Can’t justify paying 8k a year for a fukkin hellcat and my Benz only cost $2500 a year for full coverage..
 

Legal

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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? :picard:

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. :mjlol:



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. :dead:

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. :dead:

Both of them bytches probably sitting on high five figure to six figure mileage on them. :dead:
 

gonnagetit

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I don’t mind a car note over $1k however it has to be your only car note and you have a backup vehicle or a couple that’s all paid for… but if you doing over a stack a month it better be a premium vehicle bimmer, Benz, Audi, Land Rover etc… can’t be no dodge or ford type shyt

I just copped a 22 MB GLS 450 with the AMG appearance package.. I got it for a tick under $95k leased.. I traded in my 18’ Model X, My payment is $1420 a month but guess what that’s my only payment and it’s leased… it’s the family vehicle with full warranty on a 36 month lease with 10k miles a year.. Also I’m glad I bushed but hellcat a few months back insurance went through the roof in NY for them.. Can’t justify paying 8k a year for a fukkin hellcat and my Benz only cost $2500 a year for full coverage..

Payments are wack I have a 08 Benz C300 with 178k miles bought it with 100k miles for $5k back in 2017. Had a lil fender bender 2 years ago with a bumper scrape and got the other driver the insurance company to pay me $4k for the accident their customer caused. So now I own a 08 Benz C300 for $1K yep $1K and Im still driving it daily no payments just pay for my car insurance $120 a month and gas and do most of the maintenance myself.
 
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