Pay $40,000 for a $20,000 Nissan, brehitas

[Ozymandeas]

Bought a 2012 focus in 2018 for 10k
My last payment is next month. I should've paid it off last year but I was bullshytin. My payments were 218 a month. That bytch runs perfectly fine and I hope to have it another 6 year's so I can save and get a 2024 in 2030. I'm not about to let them dealership bend me over their lap and I'm not trying to stunt for nobody I'm 40+

I'mma rock with my 2023 for atleast ten years but, I drive it so little. I'm barely at 8K miles after 1.5 years. At my pace its gonna take me decades to get to 100,000 miles. In the next 2 years or so, I'mma buy a used Honda or a used Toyota so I can have two cars and run that car into the ground instead.

 

[mvp_status]

The Z and GT-R are absolutely worth that price tag.

Nissan Skyline GTR

 

[King Harlem]

Something isn't adding up here.
Even if you know nothing about cars, you had to know that you took out a $40k loan to finance it. Which means you went to the dealership and were happy to pay $40k for that car or you paid the actual dealership price and pocketed the remainder of the loan.

 

[Big Mountain Hélà]

Sold cars for years, more than likely owed more on her last car and she traded it in for whatever reason so dealer tacked on old loan to the new one. Plus prob hit her in the head with warranties

 

[R.E.N. Spells Ren]

I hate dealing with car dealerships....MFs are predators

You gotta go in with financing already in place, and a firm price you wanna buy the car at.

Also don't even bring up trade in until you agree on a price, they will try to use that to fukk you 100%.

Facts! Dealers screw people cuz they just want to focus on the monthly payment. Most people understand or have an idea on what they want or can afford to pay monthly. Most people don’t understand interest rates.

 

[Wild self]

Wages are far too low and car prices are artificially high.

Back in the early 00s, a good used car was like $3k, and a new one was like $21k. Now, they 50k because of "shortages" aka price gouging.

 

[Kasgoinjail]

With prices higher than Snoop on 4/20
I get it now why people would take up a contRact killing to relieve some debt
There are other less r!sky ways tho
Just saying

 

[kaldurahm]

And not having a man. Single women stay getting finessed at dealerships.

At least take your dad or brother. Just go with someone with sense.

 

[Gains]

was better off buying the new corolla

 

[Blessings]

There's Google, and ChatGPT.....
Family, Friends....no excuses

 

[the cac mamba]

$40k loan for an $18k car is crazy work and should be illegal. Governments are asleep

how do you legislate against this? no one put a gun to her head and made her buy a fukking 2021 car

 

[Arithmetic]

how do you legislate against this? no one put a gun to her head and made her buy a fukking 2021 car

China and Europe don't have subprime loans. Average LTV ratios in China and Europe vary from 60-70% and 70-80%, respectively. In the US, subprime loans exist, and LTV ratios are commonly above 100%. Government/regulators are asleep.

 

[O³ (O cubed)]

I came in to laugh but I can't.

She got robbed with a pen, some paper and some jargon. Got bent over without any lube.

 

[ORDER_66]

I came in to laugh but I can't.

She got robbed with a pen, some paper and some jargon. Got bent over without any lube.

aint no one tell her that's a bad deal???

 

[Artificial Intelligence]

I almost bought new Hyundai but my dad is a car mechanic and advised me to buy used… beat decision I’ve ever made … shyt is paid off with no bills except insurance