It’s gonna be something better than a cyber truck by the time u get in position
Car Dealers Are Trying To Make Having A Car Payment Over $1,000 The New Normal
- Thread starter thismybgolname
- Start date
Ha, good one.
Depends on how you define better.
I'd rather let someone else take the depreciation hit. I'll get a great deal on a slightly used one, and get one a couple model years old and let them work out the bugs.
i refuse to pay a mortgage on a car
FUCK THAT ....NEVER !
They build in retired employees pensions and all kinds of shit
I was just talking to someone today about this
and the fact that something as simple as a headlight on
some of these new cars is as much a 5 grand is ridiculous.
The chip and part shortage is playing a large part in this nonsense created by that last idiot in office
A car note that's as much as a house payment is simply an asinine way to spend money.
The vanity on some people is beyond stupid
They build in retired employees pensions and all kinds of shit
I was just talking to someone today about this
and the fact that something as simple as a headlight on
some of these new cars is as much a 5 grand is ridiculous.
The chip and part shortage is playing a large part in this nonsense created by that last idiot in office
A car note that's as much as a house payment is simply an asinine way to spend money.
The vanity on some people is beyond stupid
either they put a hefty down payment, or they rocking an 84 month loan. Either way smh
The cybertruck is never making it to pproduction. Elon faked niggas out on that one
Shit car prices are disrespectful as hell right now, ive never been a car guy but recenrtly brought a 2010 nissan armada for 9400 ive never brought brand new just didnt see the need for it but im a point a to b type dude. Never knew a car guy until my man brought a souped up suv he paid 54k for but before he took possesion of it some guy offered him 75k for it and he didnt even blink when he turned him down I was pissed ive flipped cars within a week of buying and fixing but he a car guy and the financial aspect never entered his mind he wanted that car and he was taking possesion of that car, it was weird i still dont get it but to each his own.
I just pay cash. Fuck that!
vapor ware......
TESLA CYBERTRUCK VS. GMC HUMMER EV: AVAILABILITY
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Still rocking w the 08 535i. It’s a sport and not 4 wheel drive and I’ve been looking for a truck.
The luxury on these trucks have pushed the price up ridiculously. Hopefully gonna see what happens in a month.
Price just keeps going up and up. We due for some bad winters.
Lookin for 2019-21 25k-35k mileage. So far they asking MSRP for 2 and 3yo vehicles.
I dunno man. People dropping like flies….can’t take it with you. Gotta live a lil.
Carry on……
The luxury on these trucks have pushed the price up ridiculously. Hopefully gonna see what happens in a month.
Price just keeps going up and up. We due for some bad winters.
Lookin for 2019-21 25k-35k mileage. So far they asking MSRP for 2 and 3yo vehicles.
I dunno man. People dropping like flies….can’t take it with you. Gotta live a lil.
Carry on……
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They got a good value for her Platinum Armada.
Dealership's Video Showing Off Big Monthly Payments Brutally Backfires
Few things generate as much cringe as a corporate TikTok, but one Arizona dealership struck viral gold for all the wrong reasons. Employees at Larry H. Miller Chrysler Jeep Dodge Ram in Surprise, Arizona, sounded off on their absurdly large car payments, and the internet isn't having it.
The dealership has since removed two of its videos where it asks employees to chime in with their car payments, but copies and stitches reacting to the videos are still out there. The premise is simple: It's a roundup of how much dealership employees are paying per month for the vehicles they own, listing only the monthly payment and the car it's for.
To be fair, the Miller dealership isn't the only one to have done this, either. Other dealerships have everything from pretty normal-sounding payment roundups to more high-dollar cringe. Yet Miller's Arizona dealership was the one that released a "Big Boy Edition!!!" (direct quote from the video text) of all four-figure payments, and that's the one that's gotten the most viral attention.
Reactions have been mostly negative, for understandable reasons. It's tone-deaf to publicize your employees' highest car payments at a time when average monthly car loan payments are skyrocketing in a way that feels straight out of 2008. The average monthly new car loan payment was $667 in the second quarter of this year, per Forbes, up from $582 in the second quarter of 2021. A record 12.7% of new vehicle loans made in June 2022 had four-figure monthly payments according to Edmunds, up from 7.3% in June 2021. Interest rates are up and 2022's assortment of supply chain interruptions have pushed car prices up even further, and it's squeezing everyone—especially subprime borrowers—into less favorable terms that ultimately force them to pay way too much over the life of the loan and that could set some borrowers up for default.
There's an unsettling "we do it, too" factor to videos like this that acts to normalize gargantuan monthly payments, regardless of whether that was part of the dealership's intent or not. (The Drive reached out to the dealership in the video for comment, and has not received a response at the time of this writing.) Miller's video only lists the kind of car financed, not the terms of the loans or any relevant data on the borrowers, like salaries or credit scores. Dealership employees aren't usually high rollers, though, and frankly, it should be shocking to hear them shell out this much on a single monthly car payment.
Few things generate as much cringe as a corporate TikTok, but one Arizona dealership struck viral gold for all the wrong reasons. Employees at Larry H. Miller Chrysler Jeep Dodge Ram in Surprise, Arizona, sounded off on their absurdly large car payments, and the internet isn't having it.
The dealership has since removed two of its videos where it asks employees to chime in with their car payments, but copies and stitches reacting to the videos are still out there. The premise is simple: It's a roundup of how much dealership employees are paying per month for the vehicles they own, listing only the monthly payment and the car it's for.
To be fair, the Miller dealership isn't the only one to have done this, either. Other dealerships have everything from pretty normal-sounding payment roundups to more high-dollar cringe. Yet Miller's Arizona dealership was the one that released a "Big Boy Edition!!!" (direct quote from the video text) of all four-figure payments, and that's the one that's gotten the most viral attention.
Reactions have been mostly negative, for understandable reasons. It's tone-deaf to publicize your employees' highest car payments at a time when average monthly car loan payments are skyrocketing in a way that feels straight out of 2008. The average monthly new car loan payment was $667 in the second quarter of this year, per Forbes, up from $582 in the second quarter of 2021. A record 12.7% of new vehicle loans made in June 2022 had four-figure monthly payments according to Edmunds, up from 7.3% in June 2021. Interest rates are up and 2022's assortment of supply chain interruptions have pushed car prices up even further, and it's squeezing everyone—especially subprime borrowers—into less favorable terms that ultimately force them to pay way too much over the life of the loan and that could set some borrowers up for default.
There's an unsettling "we do it, too" factor to videos like this that acts to normalize gargantuan monthly payments, regardless of whether that was part of the dealership's intent or not. (The Drive reached out to the dealership in the video for comment, and has not received a response at the time of this writing.) Miller's video only lists the kind of car financed, not the terms of the loans or any relevant data on the borrowers, like salaries or credit scores. Dealership employees aren't usually high rollers, though, and frankly, it should be shocking to hear them shell out this much on a single monthly car payment.
Inside the rise of 'stealerships' and the shady economics of car buying
Car dealerships deploy tricks and traps to make as much money as they can from you. Here's what I learned when trying to buy a new car.
www.npr.org
13 or 14 hunnid a month plus insurance and gas =
GTFO my face wit that bullshit
GTFO my face wit that bullshit
You gat the bread for it dawgI wish I got one before the pandemic
look
Into rentals or people who only used them for uber
Nah I'll wait until prices come back down to normal. One thing I won't do is buy cars or properties at all time highs.
Rentals & uber cars get too much wear & tear. I'll buy a well maintenance lease car though.
I wish I got one before the pandemic
Well thanks to Biden you get a good tax break if you buy one now.
But you came into a car payment discussion thread. Did you expect them to send you something else?I was thinking closer to 1k
Anything less than 48 months is gonna be well over 1k a month
It aint that serious
I'm here to post bitches and talk shit
Ninja sent me a calculator
50k loan less than 50 months gonna be over 1k a month
Didn't kno we needed a calculator at all.....but whatever
As soon as the ink dried from him signing that, Tesla and other EV makers raised the prices of their cars
Only thing wrong is you counting other peoples money....
You haven't even put Dodge Power Dollars in or Stellantis discount in
Nevermind, forgot this a black forum..
Way too much money to be putting down on any whip bruh
Couldve had 100 hoes in DR a mansion and maid with that
I bought my first used car 3 years ago because previously I had the mentality that I did want to inherit someone else's problem. I think I may go the certified pre-owned from here on out because it is such a better value. I don't mind spending money, but I don't like to waste money.
That is fucking crazy
Though I like them, a lot of quality fit and finish issues. Also the material doesn't seem to hold up
Use your head. You have no money for me to count for it to be worthwhile. Besides your so-called money was calculated wrongly, as usual.
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