She Paid 200K for A Chevy Tahoe (Blames Others)

[@OrlandoMiner]

💰 orlandominer.com/Financing I’m a lender specializing in investment financing. Whether you’re purchasing, refinancing, or cashing out on investment properties, I've got you covered. You will deal with me directly.

[@ThePublicPunisher]

Yo dunno much about "Dahoe"?, got confused here 😂

[@dwaynediesel6079]

What kills me is the smile..im about to explode that she paid so much !. Have some guts and call them out and tell he people, i did this mistake , and dont want you to do this ! NO CAR IS WORTH PAYING OVER 30k for ! That should be the message. THere needs to be a REAL man yelling at her and saying keep your azzzz out of car dealerships ! STAY home and ride a bike !

[@michaelwillis5814]

😂😂😂😂

[@JamesBrown-du2nn]

They don't have 200000 in cash when they thy bought something it's on credit this means you our not the owner if you issue some payments then the real owner will come and get it when it is not paid for it is not your period

[@kathleenking47]

SUVs are glorified station wagons..

[@DigitalSwagg]

I worked with a ton of female medical professionals that drove luxury vehicles but could barely afford lunches.

[@martincstee5335]

And their excuse for skipping lunch is: I'm on diet. Or maybe they just try to avoid you?😅

[@Always_Meeka]

You’re absolutely right about that! I use to work in management at a hospital and refused to buy anything close to what some of the RNs, Sonographers, Techs, etc drove. There was a competition happening in the parking deck daily!

[@saeedhossain6099]

begs the question why they're buying lunches.....

[@mattorama]

If you've ever seen the movie "Boiler Room" there's a very impolite but accurate term for people like that.

[@legacyturbo8485]

How could she trade it in when she’s upside down on it .!!! Let them repo it lol

[@4Won4All]

Avoid women like this at all costs fellas.

[@winstonsmith6204]

Depreciation

[@kingp36]

😅😅😅

[@tzc9309]

Keys to health and wealth 101 lol

[@RoseMidas]

Yes, avoid married women please. Hell, the single ones too.

[@CGMLVCGMLV]

That's an OF female fo sho

[@yl6128]

200k for a car is basically 20% downpayment on a 1 million dollar home.

[@SAVAGE8]

Well Said 👍

[@JoeJoe-im7vh]

The vehicle itself was 85k

[@ozzierabbit587]

For the money she will end up spending on her beloved car, she probably could have financed a reasonable vehicle AND a condo or small home.

[@superkd7030]

@JoeJoe-im7vh It wasn't, didn't you heard, she had negative equity on her previous car too, this wasn't her first rodeo. 😂😂😂 So 10-20k is from that and now she's has a 40k negative equity, you can't make this 💩 up. 🍿😉😂😂

[@Dailyfunctionalprogramming]

I did the math and it seems like it checks out 🤔

[@jaimebaca9439]

I’ve never bought a car I didn’t pay off within 12 months. People are broke in the name of looking good to strangers that don’t care about them.

[@C-Ra]

Facts!

[@lio_k]

Financial Literacy must be mandatory in schools.. this is getting sad

[@bigups1723]

Most would still fail. Have you read the book "the psychology of money" some people just don't have the financial sense....it is sad

[@kirkpalmer1709]

The "system" depends on people being financially illiterate. It will never be taught in schools.

[@kashfortheking]

Who would go to college if everyone was financially literate? 😂

[@bigups1723]

@@kirkpalmer1709 I couldn't agree with you more!!!

[@InternetUser._]

@@kashfortheking Some of us got paid to go to college

[@saritamoorebansa4485]

I just hugged my Rav-4 really tight and thank my parents for giving me common sense. ❤❤❤❤

[@Horace1993]

Dunno. The newer ones are a maintenance headache. Not that bad though.

[@andrecampbell691]

I purchased a 2019 Rv4 new for 28k cash, I maintain it, not one problem in almost 5 years. It's by far the best vehicle I've ever owned, and I'm 70.

[@zaprowsdower7664]

​@@Horace1993how are they a maintenance headache? Anything specific?

[@Hdhfhhdh]

My wife bought a brand new 2020 rav4 hybrid. No complaints and car runs very smooth

[@saritamoorebansa4485]

@@zaprowsdower7664 AGREED. You have to get oil changes and tire rotation regularly.

[@JosePerez-uq8zz]

I have 200k on my Bank account and refuse to buy a new car my 2007 Toyota matrix will definitely outlive me

[@gustavotrevizo6957]

Nice !, I still have my 2007 Corolla for these reasons: 1 30 miles per gallon 2 low insurance payments 3 low registration payments 4 no dealer payments

[@Jdogg4089]

I hope it's a high-interest account!

[@9latinumStudioz]

Lol bro you can buy a nice BMW for 14k stop being cheap lol how many times a day do you tell ppl you have 200k because you drive a cheap Toyota 😭😭 I know it bothers you & Having your money in a bank account is pointless with inflation at 3% & bank interest at 5 - you're only making 2% on that - invest in SPLG

[@Jdogg4089]

@@9latinumStudioz Why buy a new car when what you have works just fine? People buy all this new junk they don't need and complain about being broke. This level of financial discipline is becoming harder to find nowadays.

[@9latinumStudioz]

@@Jdogg4089 I didn't say new - what new car is 14k? That's a 10 yr old luxury car

[@kidwichita]

She looks off. The elevator doesn't go to the top.

[@bigups1723]

😂😂😂 that's the only way to explain it

[@annjean8709]

Agreed! 👍🏽

[@brentburnett7778]

The bad part she is probably a nurse 😂🤣

[@mylesgray3470]

I agree. Her facial symmetry..it’s way off. And teeth/lips look enhanced and not fitting the face.

[@jerrylundegaard2592]

Too much Botox.

[@lavoisier2815]

If you have more money in your Driveway than you have in your Bank account you Probably should consider doing something different.

[@LastoftheMohicans116]

That’s the majority of Americans. We’re debt ridden country.

[@kingjah6420]

Economy would collapse If all apartment dwellers owned '95 accords

[@cyberpunkalphamale]

@@kingjah6420 no it wouldn't

[@JoeJoe-im7vh]

Your house is in your driveway 😂

[@LastoftheMohicans116]

I got 4 bank accounts in my driveway. So what my choice.

[@jorgeposadas1192]

It's not 1,400 a month, it's 1,400 a month, plus a 1k month for insurance, plus gas and maintenance, it's a gas gusler, it's 3K a month, there's other things you have to factor in before you purchase a vehicle.

[@DStabs720]

Then you get hit with depreciation when you sell it. A $50k car will cost you easily $150k over its life.

[@DemareuaPope]

$1000 for insurance ? In what state ?

[@warrenwinslow4266]

My insurance is like 50 a month for a Lincoln

[@jorgeposadas1192]

@warrenwinslow4266 what year and and how much is your down-payment?

[@christopherchristmas101]

That salesman is inviting her to his birthday, his wedding, his baby shower, EVERYTHING!! 😂. He just loves her.

[@Francisco-po1cf]

She spent all that money on a gas guzzler. Couldn’t imagine how much she spent driving around.

[@noahknight4039]

All my vehicles are gas guzzlers, even my motorcycles. People ask well motorcycles don’t use a lot of gas right? When you’re buying muscle cruisers and superbikes, yeah they can drink gas. I only drive V8 muscle.

[@joesmith3590]

Super gay.

[@carrimycalifor]

Lots of mean but funny comments here toward women being stupid about money, lol. This lady really hammers in the stereotypes about us. Damn you, Tahoe lady. It’s not all of us, you guys, I promise! 😂

[@jeretso]

With 16 combined MPG that Tahoe V8 will cost $22,000.00 in gas after 100,000 miles averaging $3.5 per gallon. That's $80 to fill the 24 gallon tank.

[@johndonovan7018]

mpg is not bad at all. i get 24 highway with my suburban

[@ironvoice5079]

The good thing is that she learned her lesson and purchased a new vehicle 😂😂😅😅😂😂

[@OrlandoMiner]

🤣 🤣 🤣

[@dookieboy2106]

😂😂hilarious

[@Uncle-Basil]

😝🤪😂😂

[@Mr.Edwards233]

I'll just wait for her to make a vid crying how life is so hard and that she's responsible for everything. And why is everything so high. And she'll end it with, she's depressed.....Gofundme incoming.

[@tamarastone141]

I saw this story on another channel a d they said she bought an Audi in cash which is still a dumb move financially

[@bigups1723]

Believe it or not, a lot of people in this country make enough money to live comfortably. It's just a lot of them make the dumbest financial decisions you can imagine. Imagine if she had saved that money and invested it instead of putting it into a vehicle. She could have bought a nice used one cash in 1 year

[@kingjah6420]

It's the unfortunate biut intended outcome of a capitalst society

[@elreytriton]

they only make enough money BECAUSE a lot of people are making dumb financial decisions. The car industry would've collapsed 50 years ago had people not continually bought new and multiple cars, toys, junk food, useless home decor, etc

[@smartcookie3500]

Most birthing persons cannot wait. Immediate gratification at ALL costs.

[@sharoncrawford7192]

Her first mistake is going into debt for a vehicle! We pay cash for a Toyota and keep it for 15 to 20 yrs.

[@bigups1723]

@@sharoncrawford7192 BINGO!!

[@Thetattedcat]

My mortgage, property tax, and insurance is less than $1400 per month.

[@Rami7605]

But u don't have a Tahoe 😜🤷

[@llcross04]

Mine too!

[@lf725n]

D*** where do you live at?I know it's not florida😂

[@Markham12thcentury]

@@lf725n Probably Holyoke, MA.

[@jerrylundegaard2592]

So what? House costs depend on location, size, quality. Did I mention location?

[@mida8261]

Still rocking my 2002 grandpa car that I bought for $5,500 and with the way car prices and gas are going, I better hope no one crashes into me because I'm not buying another car any time soon!

[@benfrazier8385]

You’ll be surprised at how many people do what she did. As a banker I just shake my head and ask WHY??????

[@JoeJoe-im7vh]

Besides getting a bad interest rate, what did she do wrong?

[@terrellduckworth9160]

My question is why is the bank approving this loan.

[@dhrabarchuk]

@@terrellduckworth9160she paid 50k and the bank has the ability to repo and sell the vehicle. They make money off of people’s mistakes.

[@dylansmith6078]

​@@JoeJoe-im7vhsign

[@saeedhossain6099]

​@@terrellduckworth9160 right, it's hilarious the dealer is judging the user while slanging the dope......

[@AIRBORNE916]

Maaaan, this chick is getting absolutely torched all over the Internet😂

[@elreytriton]

yes, that's why the banks hired a hundred thousand new loan officers and were giving out loans like a costco free sample

[@smartcookie3500]

Love to hear it!

[@Dizzymarvel]

Because of that face right?

[@commonsense5741]

P T Barnum said there's a sucker born every minute.😂

[@brentburnett7778]

An you gotta take them for all they got 🤣😂

[@XennialGuy]

A car salesman once told me: "There's an a$$ for every seat."

[@Offthbadan]

W.C. Fields said “never give a sucker an even break.”

[@frozentundra7446]

Yes, yes he did!!🤡🤡🤡

[@pccleric]

And they die about that fast too

[@Matt_bechillin]

“Nobody cares if you park your 200k car at your apartment “ 🤣🤣😭. You doing Gods work with this one

[@Unclekenny69x420]

Sounds like she needs to learn what an interest rate is

[@isaiahdurenrealestate]

Agreed

[@JoeJoe-im7vh]

The first logical comment I've read so far.

[@KenOnaMission]

Did she say " Materialist Things used to be important to me, but Ive changed" ....She going out and buying another NEW car, no matter what.. She's the same fool doing it again...

[@lombardo141]

Petition to the U.S. Congress to make Orlando’s laugh a national Tresure. 😂

[@bootsbooy]

i hate that laugh. Reminds me of eddie murphy LOL

[@ThunderStruck94660]

Hell yeah. Hilarious.

[@erickvarela2777]

NO!!!

[@aaronlewis2501]

It's awful

[@Bodezafa]

what? no. its so fake

[@Spammflavor]

This must be a thing. There's mayor in Dolton she spent 110,00 on a lease on the same vehicle. Now, this wasn't coming out of her pocket. The taxpayers of Dolton are paying for it.

[@joshstepp4845]

Good old Tiffany Henyard. FBI is currently investigating her now.

[@Marine2111usmc]

​@@joshstepp4845you mean Lil Wayne in a dress lol.

[@Spammflavor]

Fbi is taking their sweet time. To make any moves. By the time they arrest her, both city's she works for will be broke.

[@dosborne7041]

😂😂😂😂 $84k for a Tahoe..... $1400 monthly payments 🤣🤣😂😂😂 Wow, can we bring back, "Hooked on Phonics for the Layman and Laywoman" 😂😂😂😂😂

[@melvincarltonscooterjohnsoniii]

my rents less... wow...

[@websitelaunchcourse4061]

Damn😂😂!!

[@teddycooper4390]

Hooked

[@JoeJoe-im7vh]

Explain to me why 85k for a new Tahoe is wrong?

[@Junior0G]

Ol girl was upside down on the note the second she drove off the lot 😂

[@wizardindustriesusa]

You mean before she even came to the dealership with her old financed vehicle that she hadn’t paid off yet?

[@chad9971]

I'm only 28, but so far in my professional career and personal experience, I have realized that basic financial literacy is lacking in the "average" American. Stuff like avoiding payday loans, paying off credit cards ASAP, keeping an eye on your credit score, refusing unnecessary credit checks, saving and investing, spending below your means, etc etc., all this isn't taught and it's info I've had to learn.

[@ayeflippum]

She could have bought a much cheaper used vehicle and put $1400 into an interest-bearing account for 3 years.

[@PalAl11]

If your car payment is more than your mortgage....you're not doing it right. If your rims cost more than your car....you're not doing it right 😂

[@cmat57]

If you have a car payment you're not doing it right!

[@mattorama]

@@cmat57 With current interest rates, yeah.

[@jayc4715]

That's pretty bad .but buying a new wagoneer is probably worse

[@YellowToucan]

I don't understand. When she performs a trade-in on the Tahoe the dealership will not give her top-dollar for it, which means, even if the new car is a used Toyota Corolla at say ~$10K, her loan payments are still going to be HIGH (comparatively)! The dealership will just roll the balance from the trade-in into the loan of the new car! Like...the money you borrowed just doesn't 'disappear'. I suppose she'll be saving money on gasoline....

[@kathleenepugh9495]

Hope she doesn't total it. The insurance carrier will only pay what the vehicle is WORTH at the time of the loss and not what YOU OWE!

[@dannycastaneda4273]

Unless she has gap insurance from the loan

[@JoeJoe-im7vh]

I watched her entire video, I didnt see her say anything about trading it in

[@Bamapride1985]

​@@JoeJoe-im7vh he read it wrong. She traded in a car she was underwater on to get the Tahoe

[@sleeplesspops3949]

Wow. That's a Tahoe. Said no one ever 🤣

[@ZorrowTasogare92]

😂😂😂

[@Ramonimalik]

200k is crazy

[@zaheerahshareef8131]

Well actually the mayor of dolton, Illinois financed a $150k for a Chevy Tahoe using guess what…Taxpayers money. The Tahoe was $99,500 with $50k in interest

[@rhondae8222]

@@zaheerahshareef8131 Smh

[@teebone2157]

It was 84k not 200

[@Markham12thcentury]

She may as well buy a Rolls Royce.

[@Dizzymarvel]

Strong and independent she is

[@77icky]

The stupidity of some people is absolutely astonishing.

[@JoeJoe-im7vh]

Besides a high interest rate, what was stupid?

[@jerrylundegaard2592]

@@JoeJoe-im7vh Actually, for an $84K loan over 72 months the monthly payment would be about $1,400 at about 6 percent. While a bit high for 2021 a 6 percent interest rate was not outrageous. Her comment about only paying $10K of the loan makes no sense. After 3 years, this loan would have paid around $37K of the principle.

[@olumideRemi-Johnson]

Around the same time she bought that, taho, i bought a house for 130k mortgage, which was $1300 a month. Now, i rented my house and am making $3000 a month. Making a profit of $1700 a month in profit after paying my mortgage. People are financially illiterate, i swear so sad.

[@dreamchaser5758]

How does maintenance and insurance impact your net profit? Renter responsible for utilities?

[@jacoby1234ification]

My best advice will be just pay off your vehicle stick with it. Don’t keep rolling over your loan.

[@AFColors47]

I don’t think I’ve ever said “you got me F’d up” so fast! 😳

[@jorgemoro5476]

I’m terrified of how she’s gonna get ripped on the second car. lol. What buffoons.

[@JoeJoe-im7vh]

She literally said she's buying her next car cash. So even if she over pays for it, she'll have no payments.

[@Dizzymarvel]

Strong and independent, she will just be fine.

[@TheGuruStud]

She's lying There's no cash after that Tahoe.​@@JoeJoe-im7vh

[@diesel104]

She obviously doesnt understand interest. A test should be taken before purchasing.

[@tzc9309]

pay attention in school kids

[@elreytriton]

so drug dealers should ask you if you know drugs are bad before selling you drugs?

[@nathanielcarreon5634]

Financial stupidity at its best

[@diesel104]

You dont finance over $30K on a vehicle. Absolutely absurd!

[@jabrown7011]

Sounds like she was upside down with the trade in, then dealer mark ups, and probably high intrest rate. Now she's still upside down and about to go further in dept.

[@Kathy-ki8jw]

She will be upside down for the rest of her cars till the end of time

[@dii-N-sd]

Exactly!

[@JoeJoe-im7vh]

How do you know that? I watched her entire video and she said nothing about that subject

[@dii-N-sd]

@@JoeJoe-im7vh She had to have a high interest rate if only 10 out of the 50K was applied towards her loan. She had a trade-in when she initially got the Tahoe, and she still ended up paying over MSRP (huge red flag). To get rid of the Tahoe, she would either have to sell or trade it in which bad either way seeing how she still owes remaining balance on the vehicle (aka upside down). She just made way too many mistake during the purchase of this Tahoe. The salesmen can spot a fool a mile away, and they took advantage of her naivete.

[@JoeJoe-im7vh]

@@dii-N-sd the thing is, she never elaborated on how she was getting rid of the Tahoe. The examples you used aren't the only way. How do you know she didn't do a voluntary repo?

[@Realg401]

7:39 you saying this is a sales mans dreams coming true😂😂😂

[@bootsbooy]

This is that girl math I keep hearing about. This is why they own 80% of consumer debt

[@np494609]

All they see is their monthly payment of $1,400 and think I can afford that!

[@waynecmontgomery]

You didn't mention gas and maintenance on that type of vehicle

[@LockedUpLarry]

Yeah, and by “type” you mean a GM car. These folks out here paying Mercedes money on rust buckets. Lol

[@waynecmontgomery]

@@LockedUpLarry You just tap the gas pedal and you need to go to the gas station.

[@elreytriton]

@@LockedUpLarryhe's talking about an suv.

[@dianeathoacardinalridge8788]

Insurance is probably insane.

[@rathelmmc3194]

I did that math on her numbers and they didn't make any sense. A 85k loan over 7 years with the interest rate stated would be about 1400, but after 3 years she should have paid of 20k. Still ridiculous.

[@PranaChi369]

Depends on her interest rate...plus tax and tittle

[@calgreen44]

Same. Even if you financed for 96 months at a rate of 13%, the principal balance would still be around 62k after 36 months.

[@As_A________Commenter]

Likely she financed the taxes and registration, and F&I got ahold of her and tacked on extended warranty and VIN etching and all the other money makers

[@bvhia]

​@@As_A________Commentershe probably got an even longer loan term

[@gordonallen9095]

She's one of the most clueless people I have ever seen.That dealer should be in jail for "strong arm robbery". That was a substantial down payment on a piece of real estate. You're going to spend all of that money on something that will DEPRECIATE as soon as you drove it off the lot. And then you don't even get a REAL luxury brand like Mercedes, Lexus, Acura, Infiniti, BMW, or even Cadillac or Lincoln. SMDH. Consumer education should be a part of public school curriculum. A deal like that on a vehicle should be ILLEGAL.

[@elreytriton]

this has been going on since dealerships were created. all my life all i ever heard were car and insurance salesmen were the slimiest people to watch out for. every generation has a few million clueless idiots that cant do math

[@tzc9309]

Cant necessarily pin all the blame on the dealer blame the system

[@tzc9309]

And the woman for lacking enough self responsibity to educate herself before acting dumb then blaming everyone but herself

[@JoeJoe-im7vh]

Explain why the deal was bad?

[@PremiumFuelOnly]

You cant demand freedom then blame others for your choices.

[@Jack-Surreal_Panes]

Is this the one where her husband also bought a truck and it is financed around 1200ish. Think they had a paid Audi too.

[@airborne5642]

She could have purchased a less expensive vehicle and invested the rest of her money.

[@JoeJoe-im7vh]

You have no idea what her portfolio looks like

[@airborne5642]

@@JoeJoe-im7vh I don’t care

[@Jdalio5]

So many people in america work full time for the auto industry and don't even realize it!

[@YellowToucan]

"One is her main house, the other is her vacation home", I'm "rolling"!

[@sheabilladeau1392]

Many many people, too many, learn finances too late. Many people learn it late in adulthood which is disappointing.

[@marksgoogle4360]

Ford Bronco! People were paying 85k for a defect! Oh things are going to get ugly

[@bushbomb21b9]

6:55 😂 $200,000 suv 🚙 in apt complex that always blow my mind

[@kennethgreer3151]

New top trim Tahoe cost 85-95k

[@alto3386]

The interest can double that to close to 200k

[@jayc4715]

Plus tax TTL, and interest, plus full coverage insurance

[@JSustain]

And add 50.00 a month for dealers warranty....?

[@demetriusevans4139]

And still ain't worth it

[@dii-N-sd]

She financed 84K, paid 1400/mth for 3 yrs (50K) which primarily went towards interest. So she still owed 75K. When she went to get a new car, the remaining 75K from the Tahoe was rolled over into the new car payment. She probably didn't realize that she'd still be responsible for the previous balance PLUS whatever the "new" car is worth. She's nut!!! 🤯

[@landonbrown9943]

200k? Damn I’ll never buy a Chevy or American made car.

[@nicolcacola]

Plenty of American made not 200k 😅

[@Csal92]

It ain't even because it's American she simply got played. The same thing could've happened to her with a Toyota if the Dealer is willing.

[@elreytriton]

Dealerships added 10-30k on every car during covid. Has nothing to do with make and model. Rates were under 3%, dealerships were offering 1% financing for brand new models

[@Mindfeels]

Makes perfect cents. About 4 cents is what she'll have left after paying off that car 🚗 😂😂😂

[@shanarobinson7672]

😂😂😂😂😂😂😂😂😂

[@melvincarltonscooterjohnsoniii]

*bullet proofed... -shatter proof glass... -bomb resistent... -run flats all around with uh spare... -25 orher tactical armageddon features... *they are wrong 4 doing that young lady like that...

[@ra15899550]

But she impressed her friends and neighbors. Car dealership manager: Everybody gets a bonus today!!!!🤣

[@ronpagala7496]

Paid 200K for a garbage brand

[@risingphoenix1484]

"But, I like giving my money away. to companies...."

[@JDiggity12]

"Wow, it's a Tahoe!" 😂😂😂😂

[@Miranda3730]

nothing wrong with Tahoes..I'm on my second one. Paid off, not in debt.

[@colinl5951]

My $600 Ford Ranger is still going strong! Driver wiper only works, dented up, 270k miles.

[@thomasrhinehart6084]

Well done !

[@lgee9027]

My son spent 57,000 for a Yukon demo with 4,000 miles. She is crazy

[@ieattofu68]

I still wouldn''t spend $57,000 on a car, even if I could actually afford it....cars just don't mean that much to me. I hope this car that I have had for 10 years will keep working for me for another 10...I hope your son gets his money's worth out of his car.

[@lgee9027]

@@ieattofu68 thats the same way I feel!!!! I HATE BILLS!!! But my son is Rich Dad/Poor Dad😂😂😂😂

[@lovendevotion1993]

Your son is crazy too! How much money does he have in the bank and does he own his home. Bragging he spent 57k is dumb to😂😂😂

[@lgee9027]

@@lovendevotion1993 maam, sir he does real estate investments!!! His assets pay for his 2 beautiful vehicles!!! So no he is living his best life at 30🎉🎉🎉🎉

[@lgee9027]

First off everyone is not broke!!! Smart people have ASSETS and investments that PAY for nice vehicles😳😳😳

[@281cobracar7]

That salesman got a promotion.😅

[@heavycream6682]

There was a clip from a divorce court on here where a lady was spending $1800 a month on a tahoe while collecting welfare and living rent free in her EX-husbands house.

[@Kevin-mk6jo]

OJ

[@JWEATHERSBY]

LOL at him breaking and not being able to keep his laugh in @ 9:06

[@TheRachag]

They probably rolled her balance into her new loan. She needs to pay as much as she can towards her balance.

[@Omar_Zazzle]

That is exactly how it works.

[@troykir]

That was Alberta during the oil boom, lol. Many oil workers were taking out lines of credit that matched their ridiculously high salaries only to rent a dump Apartment while driving a Lotus or a Lamborghini thus paying almost 3 times as much for a car payment and insurance than their monthly rent. Then came the oil crash and layoffs, and a half priced Lotus on Craigslist.

[@legacyrydeshare3478]

Everybody’s KZbin famous and nobody cares about your Tahoe. The smart play in today’s new world economy: 1- Good credit 2-Entrepreneurial 3-Good Business Credit 4-Assets, Assets, Assets🇺🇸

[@MX-CO]

I paid $2800 for my 2004 GMC yukon with 200k runs and drives beautifully, there is no reason to pay a fortune for a vehicle.. I also bought a 2010 toyota prius with 160 k in excellent condition for $5000. Between the two I can do anything I need to do including tow my camper, I akso have 4x4, And when I want good mileage, prius.... $7800 total. Yet I see people driving these super expensive vehicles everywhere everyday!

[@christian6911]

I have a 2010 altima. I will drive it till it catches fire. I'm way past that time in my life where I need a flashy car or car payment.

[@jerrylundegaard2592]

You paid $2,400 because that fit your budget and needs. Others may pay $80K because it fits their budget and needs. There are many reasons to pay $80K or to pay $2.4K.

[@americanhero1234]

That sounds like a mofo from Saint louis buying a Tahoe for 200k😂😂😂

[@RoxxiWalker]

lol you ain’t wrong I used to live in the Lou

[@TheGuruStud]

Why buy it when you can steal it and drive it around without getting arrested 😂

[@jerrylundegaard2592]

The actual numbers. An $84K auto loan at 6 percent over 72 months will have a monthly payment of about $1,400. After 3 years the loan principle would be paid by about $37K, not $10K. Most likely this lady is simply too dim to comprehend the real numbers.

[@phoneuse2012]

Craziness. That math still not matching

[@JoeJoe-im7vh]

I dont see how it's not. The interest rate is the reason for all of it.

[@carsnanime4719]

@@JoeJoe-im7vh the article said she financed 84k at 10.2% interest, looking at the amortization schedule at the 3 year mark she should be at the 54k remaining balance (84k, 10.2% interest, 84 month payoff). So the math is indeed not mathing, total interest cost on that loan should only be $33,868. But we'd have to see the actual paperwork to know the true numbers haha

[@jerrylundegaard2592]

@@JoeJoe-im7vh The actual math is an $84K loan over 72 months at 6 percent interest has a monthly payment of about $1,400. With no interest the payment would be $1,167. The only thing that makes no sense in her comment is that she only paid $10K of the loan amount. That is not possible as the actual payment would be close to $37K.

[@arby977]

I just bought a BMW with 20% interest, 72 months at $1,500 a month. I financed a $12,000 trip to Cancun on my CC. I’m flexing. Big boy leagues.

[@dii-N-sd]

I hope this is a sarcastic joke. 😂

[@johnthechef711]

why people just don't think Don't OVERPAY I don't care if it's a Hot Dog!😂

[@singleparenthustle3689]

People is so Thristy for a Car a Car don't define me a Roof over my Head do they saw her coming with her Head Down. Sheesh😂😂

[@wcollins4191]

I drive a 1990 Ford Range paid in full in one payment.

[@CharlesCurran-m9p]

I bought a 10 year old F-150 for cash and pay myself back $600/month for the next two years while saving $2100 in interest.

[@STScott-qo4pw]

🤑😁😁🤑🌟🌟

[@cutandgo]

We still use our 2001 car bought from the 3rd owner in 2014. We invest about 1000 dollars in inspection and parts every 2 years. Public transport is excellent in our city so we don't drive regularly.

[@jandmycat]

That's low key what people out in Texas do for their trucks..... It's f****** stupid

[@MrBiggles53]

I do 95% of my shopping on my scooter or motorcycle. The last time I couldn’t fit something I needed on a bike was a refrigerator a few months ago and 4x8 sheets of plywood last year. My neighbor’s 2005 Camry still runs like a champ.

[@michaelwool5960]

Thats a Tahoe !!! 😂😂😂😂

[@gertvanderhorst2890]

11:00 Damage already done. With the Camry she will save on gas.

[@ronblauvelt7457]

Her and everyone else will be asking for auto forgiveness when this auto market flips lol

[@kimberlyd.stewart4657]

Do your research first on the car you want and have your pre-approval before approaching any dealership. My credit union sent the check to the dealership; I signed my paperwork and left within 30 to 45 minutes (Tags, title and taxes, document fees only). You can get GAP insurance through your bank. You don’t need all of the extra fluff.

[@seanou2837]

1400 dollars a month if you are making 15000 a month is not so bad.

[@np494609]

Yeah it is. I make $22,000/month before taxes. I still think $1,400/month is high for this car, because I look at the total cost of the car and its interest. In this case, the woman is paying almost all of her money towards interest on the front of the loan due to the lop sided amortization schedule. The bank is hoping she will default on the loan or trade it in before it’s paid off. That’s why it’s too much. Also, I drive a 2013 Ford Explorer that I paid for cash. Instead of taking my money and blowing it on some car for $2,000 / month because of my income, I’ve paid off all my debt and invested that extra cash. That’s why some people stay broke and others accumulate assets and grow their net worth. I don’t give a shit what people think about me, and don’t need a new Luxury car or some big overgrown truck to feel cool and keep up with Jones’s. The funniest thing is, 90% of these idiots buying large trucks don’t ever use the tow kit or racks.

[@seanou2837]

@@np494609 I do more than 22K after taxes...I don't think 1400 is too high, but I won't do it myself, it just doesn't make sense.

[@JoeJoe-im7vh]

Very true. I havent seen anyone say they know how much she makes a year or a month. That chick might be taking home 15k a month.

[@seanou2837]

@@JoeJoe-im7vh I agree, even though I think paying 1,400/month of a car is not sound fiscal move.

[@jerrylundegaard2592]

@@seanou2837 Why? If you have the income why not enjoy a nice ride? After all, we only live once and you cannot take it with you.

[@lamarweeks1002]

She said she did not go with her husband. Translation she's saying she's stupid without saying she's stupid lol😂😂😂

[@PlowenYourMommy]

American women: "Im strong and independent and can do whatever a man can do". American women after the get screwed in a bad business deal: "I needed my husband (a man) to be there."

[@carolinameza1915]

This is why you should have good credit. Here you have this woman paying $1,400 a month for a vehicle in which 80% of it is going into interest! That is completely insane!

[@Drforce2311]

This is what happens when a cartoon character buys a new car.

[@rampar77]

This is true story. I traded in a 93 Acura Intergra for a new 97 Camry that cost $25,000. I leased it instead of buying. I used the Intergra for initial down payment and leased it for over 3 years. It had 65,000 miles and I decided to buy it. The dealer no longer owned the car, and I had to financed it with a bank for 4 years. The car valued less (mush less than the residue value) , but the monthly payment was about the same because it was financed at a higher interest rate for used car. I paid the car off after 7 years and cost over $40,000. Lesson learned: Never lease a car.

[@raymond_sycamore]

AAAWWWW LAWD I haven't even watched it but from the thumbnail I can tell it's gonna be good!

[@WvvwvvwwVvwwvwv]

And it gets worse; I know of people at an auction paying $50K for a Ford pickup truck with 220,000 miles on it. Young people are so SMART

[@seamusoreilly804]

What amazes me is, we have a person with some sort of income & decent job to qualify for a $1,400/mo car note… but she didn’t have enough sense to see the hideous deal she was putting herself into.

[@elreytriton]

just because someone makes a lot of money doesn't mean they're smart. entrepreneurs with thriving businesses make the dumbest and the largest financial decisions. I'm an accountant and used to be a banker. I see it all the time and they say it was the same 40+ years ago. Some people are willing to borrow their company into bankruptcy to splurge on themselves.

[@drk6067]

That's because she makes her $$$ via a site that rhimes with Bony Hands. Take a guess?

[@DWhytePA]

I had a 1992 Toyota Camry (267 miles) until 2006, when "Chuckie" finally fell apart. I then got a 2006 Ford Fusion, which I still have with 186,000 miles. "Cletus" looks great and runs excellent, and I'll have him until his wheels fall off. To me, a car is something to take me from point "A" to "B"...not something to show off with. To many, it just shows, "Wow...look at all the debt I have".

[@Anthony-dj4nd]

I hope she enjoys sleeping in that Tahoe 😂

[@Mickeyj26]

Apart from she traded it in for another car for added expense 🤯

[@Josh102697315]

Mans got the Scotty Kilmer laugh

[@comegetsomedude]

But how much did she spend on her face? 🤔

[@drk6067]

Not nearly enough...

[@user-ln7of9gs4s]

Her face is fine, she’s a southern belle, leave her alone, be nice.

[@bwatkins1223]

Yes

[@verderriscursey]

This is the same interest game as a 20-30 year mortgage. You paying for the house twice....lol.