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re: Video of car dealers trying to make paying over $1K a month cool or normal

Posted on 8/29/22 at 6:28 am to
Posted by Dawgfanman
Member since Jun 2015
25881 posts
Posted on 8/29/22 at 6:28 am to
quote:

I told the guy “I’m not paying 30,000 dollars for a Sentra.” But I may if prices don’t drop.


You can get a 4 cyl Japanese sedan for cheaper. 25k or so
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 8/29/22 at 6:37 am to
No one gives a frick what you drive. Buy your freedom instead of cars.
This post was edited on 8/29/22 at 6:51 am
Posted by dakarx
Member since Sep 2018
8148 posts
Posted on 8/29/22 at 6:41 am to
it's a good thing i like the truck i have now, I expect to drive it until the wheels fall off, fix it and drive it some more.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 8/29/22 at 6:42 am to
Insane. The world has truly lost its mind
Posted by BabyTac
Austin, TX
Member since Jun 2008
15739 posts
Posted on 8/29/22 at 6:42 am to
I haven’t had a vehicle payment since 1998
Posted by GreatLakesTiger24
Member since May 2012
58932 posts
Posted on 8/29/22 at 6:50 am to
ive been car shopping lately and when i look at the cars i see on the road, then look at average income numbers, something doesn't quite add up
Posted by GreatLakesTiger24
Member since May 2012
58932 posts
Posted on 8/29/22 at 6:51 am to
quote:

No one gives a frick what you drive.
i care what i drive, and i'm tired of driving a tiny american sedan
Posted by FredBear
Georgia
Member since Aug 2017
16845 posts
Posted on 8/29/22 at 6:56 am to
Yeah, just for kicks I was looking around online at some cars and the local Toyota dealership had an 3 year financing offer on a Corolla at 1.9%. Paying off a new car in 3 years would be pretty good but having a 700+ dollar a month payment on a frickin Corolla seems a bit excessive
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45123 posts
Posted on 8/29/22 at 7:00 am to
I only have a car payment because I drive a ton for work, can write off a lot of miles each month, and really need a higher end electric vehicle so I'm not dropping $400/month on gas and I can use autopilot so I'm not exhausted after sitting in traffic. Otherwise I'd be driving my old beat up ford truck and call it a day
Posted by moneyg
Member since Jun 2006
61972 posts
Posted on 8/29/22 at 7:00 am to
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.



2 year old car, 10k off original MSRP?
Posted by bbarras85
Member since Jul 2021
2322 posts
Posted on 8/29/22 at 7:03 am to
And I want to vomit every month when I pay my $450.00 note. These people are total fukin idiots.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72764 posts
Posted on 8/29/22 at 7:03 am to
quote:

The cheapest, most stripped down Sentra on the lot was 31,000 after taxes and fees.
You’re on crack cocaine if you spend $31k out the door on a new. Sentra.

Look around at who is buying Sentras.

Richards Honda offers a $28k Honda Accord sedan. With taxes and fees, that should end up in the same neighborhood.

Autotrader online link
Posted by Swagga
504
Member since Dec 2009
18710 posts
Posted on 8/29/22 at 7:03 am to
I can’t wait for the market to crash eventually. Reminds me of the big short where the lenders are bragging about how bad the loans are.
This post was edited on 8/29/22 at 10:38 am
Posted by thegreatboudini
Member since Oct 2008
7086 posts
Posted on 8/29/22 at 7:04 am to
There are 2 things I struggle with understanding right now with society.

1. How people afford vehicles I see on the road

2. How people afford current bbq prices
This post was edited on 8/29/22 at 7:44 am
Posted by Jaydeaux
Covington
Member since May 2005
19540 posts
Posted on 8/29/22 at 7:04 am to
Nothing says Idiot more than those fools that cant afford that shite
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53076 posts
Posted on 8/29/22 at 7:23 am to
quote:

You’re on crack cocaine if you spend $31k out the door on a new. Sentra.

Look around at who is buying Sentras.

Richards Honda offers a $28k Honda Accord sedan. With taxes and fees, that should end up in the same neighborhood.

Pretty wild that just 5 years ago I paid around 31k for a new crew cab XLT F150.
Posted by achenator
Member since Oct 2014
3245 posts
Posted on 8/29/22 at 7:35 am to
quote:

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


Good Salesman have been making a killing the past couple years. Some deep into 6 figures. Pre pandemic I have friends that are finance managers making $300k. One of my best friends is a GM of a large import dealer in Florida he makes nearly 7 figures. He gets profit sharing.
Posted by rattlebucket
SELA
Member since Feb 2009
12565 posts
Posted on 8/29/22 at 7:41 am to
Another reason why most Americans dont have enough saved for retirement. Those notes are redonkulous
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53076 posts
Posted on 8/29/22 at 7:42 am to
quote:

Good Salesman have been making a killing the past couple years. Some deep into 6 figures. Pre pandemic I have friends that are finance managers making $300k. One of my best friends is a GM of a large import dealer in Florida he makes nearly 7 figures. He gets profit sharing.

I don't see how they are making much around here. There are no vehicles on the lots.
Posted by Napoleon
Kenna
Member since Dec 2007
73163 posts
Posted on 8/29/22 at 7:42 am to
I made it to 40 before needing to finance a car and that was for work and it comes off gross so technically I'm not paying for it my business does.

I've always preferred buying used in cash.
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