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Started By
Message
Video of car dealers trying to make paying over $1K a month cool or normal
Posted on 8/28/22 at 11:28 pm
Posted on 8/28/22 at 11:28 pm
36
Posted on 8/28/22 at 11:31 pm to Byrdybyrd05
my car payment is zero
Posted on 8/28/22 at 11:31 pm to Byrdybyrd05
They buying those cars for section 179?
Posted on 8/28/22 at 11:46 pm to Byrdybyrd05
After paying off note, don’t let it slip back into your bloated lifestyle. Pay it to yourself each month. Your future self will like you almost as car dealer who convinces you $1k a month is cool or normal.
Posted on 8/28/22 at 11:51 pm to SDVTiger
quote:
They buying those cars for section 179?
Not without a healthy dose of tax fraud I’m sure.
Posted on 8/28/22 at 11:52 pm to Byrdybyrd05
I guess in 5 years we’ll be talking about $2,000 per month car payments.
Posted on 8/28/22 at 11:53 pm to Turf Taint
quote:
After paying off note, don’t let it slip back into your bloated lifestyle. Pay it to yourself each month.
The best piece of financial advice (that I have followed) was my dad telling me never to have a car payment unless it was for minimal transportation. He told me to drive the car I had for 4 years after getting my first job paying myself what would be a car payment each month so I would have the cash to buy a new one in 4 years. I am 55yo now, have owned over 30 cars and have never taken out a single car loan.
Posted on 8/29/22 at 12:01 am to JohnnyKilroy
What if they own the dealership
Posted on 8/29/22 at 12:05 am to SDVTiger
quote:
What if they own the dealership
Something tells me that’s not what’s going on here
Posted on 8/29/22 at 12:07 am to JohnnyKilroy
true 
Posted on 8/29/22 at 4:11 am to Byrdybyrd05
These guys are fricking idiots.
Posted on 8/29/22 at 4:19 am to Byrdybyrd05
Those cars are about to be worth half what they are now as well. Good luck to those people.
Posted on 8/29/22 at 4:26 am to Obtuse1
quote:
am 55yo now, have owned over 30 cars
Wtf….are you catholic with 9 kids?
Posted on 8/29/22 at 5:19 am to Byrdybyrd05
It is brutal trying to buy a car now.
My youngest turned 16 and I would like to give him our teenager car (12 years old) and buy his older sister who is a senior in high school the car she will take to college.
I’m looking for a 2-5 year old car the will be reliable enough for her to drive a few hours away.
After sticker shock of 18k for a 4 year old Sentra with 55k miles I priced a new Sentra.
The cheapest, most stripped down Sentra on the lot was 31,000 after taxes and fees.
I told the guy “I’m not paying 30,000 dollars for a Sentra.”
But I may if prices don’t drop.
My youngest turned 16 and I would like to give him our teenager car (12 years old) and buy his older sister who is a senior in high school the car she will take to college.
I’m looking for a 2-5 year old car the will be reliable enough for her to drive a few hours away.
After sticker shock of 18k for a 4 year old Sentra with 55k miles I priced a new Sentra.
The cheapest, most stripped down Sentra on the lot was 31,000 after taxes and fees.
I told the guy “I’m not paying 30,000 dollars for a Sentra.”
But I may if prices don’t drop.
Posted on 8/29/22 at 5:43 am to Byrdybyrd05
Each in the video had to have the newest model vehichle and unlees they were all owners of that dealership, no way they could afford to make those payments monthly much less 2 of those payments for multiple cars. I dont have a note right now but when i did a few years ago i thought my $600 note was high. No way am i paying that much monthly for a car
Posted on 8/29/22 at 6:11 am to Byrdybyrd05
How do you think most people are paying for cars now a days?
Posted on 8/29/22 at 6:18 am to bird35
quote:
But I may if prices don’t drop.
There are a lot of defaults going on. It's going to spike more. Wait till spring if you can.
Posted on 8/29/22 at 6:18 am to kywildcatfanone
Stretching out the term is my guess. I don't really understand how so many people are buying these vehicles when I see what the average American household makes.
Posted on 8/29/22 at 6:21 am to Byrdybyrd05
Posted on 8/29/22 at 6:24 am to bird35
quote:I purchased a 2020 Mustang Ecoboost with the High Performance Package and the Handling Package with only 4000 miles for $36k from a dealer. It was $46k MSRP new.
After sticker shock of 18k for a 4 year old Sentra with 55k miles I priced a new Sentra.
The cheapest, most stripped down Sentra on the lot was 31,000 after taxes and fees.
Broaden your search. Deals are out there.
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