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I Owe $32,000 On My $18,000 Car! 

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3 фев 2023

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Комментарии : 491   
@TownspersonB
@TownspersonB Год назад
Who needs enemies when you have friends like that?
@JenniferHernandez-ce3ms
@JenniferHernandez-ce3ms Год назад
Please 😂😂😂
@Alrounderrrr
@Alrounderrrr Год назад
How low a car salesman can go? Seriously taking advantage of co workers… shameful
@lot5953
@lot5953 Год назад
Yep. Very terrible unless the sale person really does not like this poor girl.
@DaddychiLL6
@DaddychiLL6 Год назад
😂😂😂😂 u work at a dealer and still got got a 2018 for 50k is wild
@BigRed2
@BigRed2 Год назад
She got all the warranties 😂 omg her dealership fleeced her
@shantemartin5713
@shantemartin5713 Год назад
big time 🙁
@Tunechi65
@Tunechi65 Год назад
They call her a mark in the sales world. Easy to finesse
@steelcastle5616
@steelcastle5616 Год назад
No...not a car saleman. They're known for being so trusting...
@MrOfficer235
@MrOfficer235 Год назад
She overpaid and VW’s go down in value rapidly. Should have bought a Honda or Toyota
@nsp31a
@nsp31a Год назад
A Tiguan, nonetheless. Another wanna SUV terrible drivers purchase because it has All Wheel Drive to overcompensate.
@wolfrage1686
@wolfrage1686 2 месяца назад
Toyota so overrated it’s funny
@bronrivera6698
@bronrivera6698 2 месяца назад
@@wolfrage1686 Toyota is definitely not overrated..that would be Hyundai and Kia
@bradleypollack5658
@bradleypollack5658 2 месяца назад
My Honda Pilot in on year lost 14k in Value in one year!! Hondas in my opinion are as bad as anything else.
@savageaf6023
@savageaf6023 24 дня назад
If I’m going into debt for (and I love cars) I’m getting something way better than a Volkswagen. Jesus…..
@codelessunlimited7701
@codelessunlimited7701 3 месяца назад
The price tag of the car is $18K. The interest of the loan is $32K. Why doesn't the government put them to jail, this is no longer a business but rather a big scam industry.
@Brandonsaidit
@Brandonsaidit Год назад
We need financial literacy education in high schools
@ralegade7710
@ralegade7710 Год назад
How are people supposed to make their money if there’s no suckers?
@disco4535
@disco4535 Год назад
There isn't, and its that way intentionally.
@haroldcruz8550
@haroldcruz8550 Год назад
Would you take your cattle to a slaughterhouse before their time?
@fhuber7507
@fhuber7507 Год назад
Bankers have lobbied to prevent that. We used to have a home economics class in high schools that included budgeting. That got deleted in the 1960s.
@chrishagins3309
@chrishagins3309 4 месяца назад
Some states are beginning to include some sort of financial literacy course in their high school curricula so there's hope.
@ElectricBlueIX
@ElectricBlueIX Год назад
She didn’t pay $49k for the car. That’s just what she will end up paying if she makes all 72 payments. This is a classic example of people not even looking at the price and desperate for a new car. They just wanna know the payment and justify how they can “afford” it without looking at the fine print. She’s stuck with this car unless she sells it and takes out a personal loan to cover the difference of what she owes.
@lovethemflowers
@lovethemflowers Год назад
Heck, even the monthly PAYMENT was awful.
@lovethemflowers
@lovethemflowers Год назад
Heck, even the monthly PAYMENT was awful.
@handleyobusiness
@handleyobusiness Год назад
@@lovethemflowers That's just the monthly payment, she also has a high payment for insurance on top of that 🤦🏾‍♂️
@costco_pizza
@costco_pizza Год назад
@@handleyobusiness Don’t forget tab fees, each and every year.
@Argedis
@Argedis Год назад
If the contract has prepayment penalties you can basically be forced to pay the full interest no matter what. For example, some clauses make it that any extra payments simply go towards the next monthly payment not the principal.
@luketarplin
@luketarplin Год назад
With friends like this, who needs enemies? This young woman is shark bait to all the predatory shark lenders out there… “oh yay, free money”
@Ink30
@Ink30 Год назад
Yip
@ldtriton
@ldtriton Год назад
Yep, they would see her coming from a mile away.
@semosancus5506
@semosancus5506 Год назад
Many dealers were charging above sticker back then. My guess is they didn't have much inventory at the time.
@jrey1
@jrey1 Год назад
​@@semosancus5506 agreed, the timeframe she mentioned we were still in mid 2022, i wonder what the 48k sticker would've really been had it sat just a few months longer
@cuh720
@cuh720 Год назад
I’m very optimistic about this caller. She has a bright future learning this early on
@AnalyticalMenace
@AnalyticalMenace Год назад
Indeed. The first step towards enlightenment is admitting you have a problem.
@jtlegionnaire6310
@jtlegionnaire6310 Год назад
There’s gonna be more calls like this as prices come down and people are underwater from super overpriced 2020-2022 cars
@PStewart28
@PStewart28 Год назад
That's when smart money buys!
@jimroscovius
@jimroscovius Год назад
They were stupid to buy.
@yuckyool
@yuckyool Год назад
Painful, valuable lesson learned by this young woman. She is moving in the right direction.
@foolanita7909
@foolanita7909 9 месяцев назад
I almost signed on a 20% because I didn’t know what I was doing and my friend showed up last minute and asked to look at the contract and said No were leaving. Now after watching all these videos I can’t believe how lucky I was that he showed up before I signed them. Thank you to him I’m not in this type of situation. I hope she can find a solution to this ❤
@scotland369
@scotland369 Год назад
Makes $50k/yr.... Makes a $55k transaction on a vehicle. Story checks out
@truejoyjourney
@truejoyjourney Год назад
Poor woman, bless her heart. Praying she has wisdom to overcome this , lesson learned I guess.
@steelcastle5616
@steelcastle5616 Год назад
Bottom line: This is just a lesson we all have to be smart enough to learn from. Consider Dave made many in his younger days.
@bigcahuna42366
@bigcahuna42366 Год назад
$49,500 for a four year old VW SUV??? She could have bought a four year old Lexus or Audi SUV for about the same price, maybe less.
@christopherstimpson6540
@christopherstimpson6540 Год назад
The few times I walked into a new car dealership, I felt like I was in a snake pit. I have had some great experiences with used car dealers, especially in small towns.
@wewhoareabouttodiesaluteyo9303
Yeah, but at least you know the cars are new.
@rodleypumpkins4174
@rodleypumpkins4174 Год назад
@@wewhoareabouttodiesaluteyo9303 it doesn’t mean your getting a good deal tho.
@wale4862
@wale4862 Год назад
@@rodleypumpkins4174 At least he can pay cash down and leave
@superblump87
@superblump87 Год назад
@@wale4862 you're allowed to pay cash for new cars.
@wale4862
@wale4862 Год назад
@@superblump87 Much better if you have it
@philfalgout1
@philfalgout1 Год назад
Quit being a victim. You knew what you were getting into. She works where all these nice cars are at and couldn't help herself
@sunayyaldz5274
@sunayyaldz5274 Год назад
Wow, she was taken advantage of big time. Poor girl.I hope she learns from this experience and gets more careful with whom she trusts.
@DisabilityExams
@DisabilityExams Год назад
The first step in getting out of a financial mess is accepting you are responsible for making it. You can't blame others to wealth.
@xmalcom650
@xmalcom650 Год назад
She was not taken advantage off. She wanted the car at all cost and they gave it to her. She also took about a $2500 personal loan that she has to pay back $4000. She is a I WANT IT NOW person.
@289Mustang67
@289Mustang67 Год назад
Leveraging somebody else's obvious ignorance and trust in you as a friend would seem to meet the classic definition of taking advantage of someone. She was wrong, but the dealership was wrong too if they charged her way too much for the vehicle.
@georgewagner7787
@georgewagner7787 Год назад
Buy a car with CASH
@TheSoulCrisis
@TheSoulCrisis Год назад
This place is definitely predatory…..
@trainsandlocomotives
@trainsandlocomotives Год назад
Never use your own car for doordash or any of these apps.
@mxkrvgr
@mxkrvgr 12 дней назад
THIS! I’m learning this mistake now
@aconformist1
@aconformist1 8 дней назад
So whos car are you going to use?
@mmitbitw
@mmitbitw Год назад
Not surprised. I have a friend who went to the dealership and the first thing she said is that she has $10K to put down. The dealership ended up raising the price $10K, collected the $10k down payment, and she didn’t notice until I pointed out that they up charged on some line items.
@handleyobusiness
@handleyobusiness Год назад
Stealership 🤦🏾‍♂️
@truckercowboyed2638
@truckercowboyed2638 Год назад
There's plenty of videos on negotiation and you never tell you're paying Cash until you're in the finance office...and have the final out the door costs
@Tunechi65
@Tunechi65 Год назад
What a thief
@jrey1
@jrey1 Год назад
​@@truckercowboyed2638 something i learned too later in life. All those money questions are NOT for the guy showing you the car
@jimroscovius
@jimroscovius Год назад
​@@truckercowboyed2638 That's exactly what I do.
@Joshmarmolejo_
@Joshmarmolejo_ Год назад
I had to replay George’s reaction when she said who sold it.
@st.floyds.banana6644
@st.floyds.banana6644 Год назад
32K eight months ago? This is worth about half that. This almost seems criminal..
@MaslinMonty
@MaslinMonty Год назад
For real. I purchased a Tiguan in 2018 NEW for ~29k.
@steelcastle5616
@steelcastle5616 Год назад
Not criminal...just foolish. People are lined up to lawfully trap people in these situations. These are mistakes that should make her smarter in the future (or not...).
@PInk77W1
@PInk77W1 Год назад
Me. No car. No payments. Life is good.
@dianecelento4974
@dianecelento4974 Год назад
I have a 2004 Honda Accord. When that goes, I'm not sure what I'll do. But I've never had a problem with this car yet.
@sblijheid
@sblijheid Год назад
@Diane Celento The clue is to look at the value of a car you'd like to purchase when this one gives up the ghost. Estimate how long this one will live and divide the price by the expected remaining months. Then set aside that amount every month in a seperate savings account. When the time is up, you buy the other car. That's the principle of depreciation.
@k20z3keith7
@k20z3keith7 Год назад
@@dianecelento4974 Easy. Get another Honda.
@dianecelento4974
@dianecelento4974 Год назад
@@sblijheid Great advice. Thank you
@dianecelento4974
@dianecelento4974 Год назад
@@k20z3keith7 Yes I probably will if I buy another car at all.
@littlebylittle1686
@littlebylittle1686 Год назад
She may have made a silly decision (like we all have) but at least she is accepting responsibility for it and has the attitude to solve the issue instead of running away from it. Girl will be fine 💪
@GixxerRider1991
@GixxerRider1991 Год назад
Upside down in a German vehicle... Now that's a predicament I wouldn't wish on my worst enemy.
@santafilipina9020
@santafilipina9020 Год назад
The friend was after the commission, that's why.
@KerrySteuart
@KerrySteuart Год назад
Kristina- I love your perspective and how you always approach every conversation with emotional intelligence.
@linuxsurfer2002
@linuxsurfer2002 Год назад
"Do you feel like the dealership has pretty good integrity" I'm not sure any new car dealership has a shred of integrity. I avoid them like the plague.
@hdtwal1den
@hdtwal1den Год назад
She got totally messed over by her employer. She should talk to the GM about this.
@morganottlii2390
@morganottlii2390 Год назад
It's a VW Tiguan
@costco_pizza
@costco_pizza Год назад
Yeah unfortunately GM wouldn’t help her but I feel VW might show sympathy for her and give her the money back.
@FugaConManolo
@FugaConManolo Год назад
@@costco_pizza I don’t think that how it works. She needs to talk to the bank that is financing her. The dealership has nothing to do with it. She signed those papers and I bet she blonde it was 15% interest.
@SomechicknameAshley
@SomechicknameAshley Год назад
​​@@costco_pizzanot GM, they said "the GM" as in, the general manager.
@SomechicknameAshley
@SomechicknameAshley Год назад
​@@morganottlii2390"... the GM" as in General Manager.
@DebtFreeDad
@DebtFreeDad Год назад
They not buying that car back ain't no way
@MEME2z0
@MEME2z0 Год назад
I think a lot of people are going to be upside down on both houses and cars.
@Komputar
@Komputar Год назад
*is*
@bc_usa
@bc_usa Год назад
@@Komputar Is? Lol 😆 🤣 uh no.
@Komputar
@Komputar Год назад
@@bc_usa a lot of people already *is* upside down
@alleneng
@alleneng Год назад
its very hard to be under water on a house
@nickk1502
@nickk1502 Год назад
This is a layered issue. I feel bad for this girl, but it’s good she’s learning. No more financed cars and she will have more boundaries around friendships and work.
@jimmymcgill6778
@jimmymcgill6778 Год назад
It is her own fault for not researching the price.
@jimroscovius
@jimroscovius Год назад
I actually agree with you here. It's not that hard to buy a car. Research the price and don't buy it unless you get the price want. Period. There will always be another car.
@dianecelento4974
@dianecelento4974 Год назад
I agree. With the internet there is no excuse not to research. Hopefully she learned now.
@MrBobm001
@MrBobm001 Год назад
@@dianecelento4974 Hey she works for the dealership needs to make a real friend with the right people and correct the problem or if that other so called friend that sold her the car was male just roast him.
@chrishart8548
@chrishart8548 Год назад
@@MrBobm001 let all your friends and acquaintances know what he/she did. Or they/them !
@sblijheid
@sblijheid Год назад
Exactly. She could've googled models, prices, maintenance, financing, going rates, etc. She should've gotten quotes from multiple dealers. If that mumbo jumbo was still too hard to understand, just walk up to a guy at a gas station and ask for advice. Even offer him money to get the best deal. Dudes tend to be into cars and passionately yap about them and know a lot about them. I've been doing some car research lately and am not much wiser. I think I'll hop to a friendly mechanic and pay them to give me the right information because the googled stuff doesn't get through my skull.
@michaeldodd9260
@michaeldodd9260 Год назад
Wow this dealership ruined her, but she signed the paperwork. Terrible judgment call on her part.
@soular_wisdom
@soular_wisdom Год назад
Car dealerships & integrity are like oil & water.
@nicholeknight1893
@nicholeknight1893 Год назад
This was a call for Dave
@sneakerfreak2002
@sneakerfreak2002 Год назад
And that is one of the worst cars to get fleeced on. In no time it will start coming apart. Resale will keep going down down down. When those roll in to our dealership we immediately kick them out. Well they never get okayed in our shop anyway.
@xmalcom650
@xmalcom650 Год назад
She paid 50k for a 30k car. Ouch.
@spankynater4242
@spankynater4242 Год назад
They saw her coming.
@kochubobby
@kochubobby Год назад
Dont refer that person as "Friend". Or we need to redefine the friendship
@alleykeosheyan4779
@alleykeosheyan4779 Год назад
OMG with friends like that, who needs a proctologist?!?!?!
@user-rw8zj1td9v
@user-rw8zj1td9v Год назад
Used car prices were super inflated awhile back, so that could be part of it, but still sounds insane. Something is off...lord help her.
@uncleslide
@uncleslide Год назад
That’s not your friend….
@lovethemflowers
@lovethemflowers Год назад
A FRIEND sold her the car??? Some friend.
@charmroland5561
@charmroland5561 Год назад
That's sad how people take advantage of others. I hope she gets out of that car situation. Good luck to you 🙏
@spankynater4242
@spankynater4242 Год назад
I can’t imagine her getting out of it. I just hope she learned a lesson.
@Mr_Banker222
@Mr_Banker222 Год назад
It’s nothing personal it’s business.
@girlygirl1890
@girlygirl1890 Год назад
@charmroland out of that car situation annnnnd out of that JOB situation.
@ralegade7710
@ralegade7710 Год назад
18 year old girls in the p industry don’t even get exploited this much…
@dianecelento4974
@dianecelento4974 Год назад
Lol
@asiaanderson5556
@asiaanderson5556 Год назад
Stop😂
@GXKid06
@GXKid06 Год назад
We need financial literacy taught in school
@moblack5883
@moblack5883 Год назад
why don't parents teach their kids this? piling it on the education system isn't the solution.
@georgewagner7787
@georgewagner7787 Год назад
If the parents knew, they would. We need to teach everyone in school.
@ralphholiman7401
@ralphholiman7401 Год назад
To this day, I don't believe I have ever actually used algebra in my life. But I sure would have used any training in finance my high school my high could have given me.
@ralphholiman7401
@ralphholiman7401 Год назад
@@moblack5883 , I've been teaching my kids because I know they still don't teach it in high school or college.
@moblack5883
@moblack5883 Год назад
@@georgewagner7787 So you're saying the parents don't know but expect the Teachers to know? Thats the issue with education people just want to pile on pile and not even aware what the curriculum is. Its like people want Teachers to raise their kids and they don't teach anything at home.
@wonderingthoughts926
@wonderingthoughts926 Год назад
She took the question of “why did you get such a terrible interest rate?” As why did they only offer that rate. No the question is why did you sign up to it on such a bad rate
@jimroscovius
@jimroscovius Год назад
Agreed!! The buyer should be smarter than that.
@aconformist1
@aconformist1 8 дней назад
I think at this point the caller realized she made a mistake and got fleeced, there's no point in asking why did you do it. She realizes shes going to have to pay a stupid tax on this one.
@opulentElephant11
@opulentElephant11 Год назад
This is a really awful person to take care of her like that. Karma is coming for them.
@trainsandlocomotives
@trainsandlocomotives Год назад
Sales person needed to put food on the table. Just messed up
@jill9606
@jill9606 Год назад
If ANYTHING, they should have given her a better deal since she works there! Insanity.
@ingramwifey2016
@ingramwifey2016 Год назад
Dealerships are so scummy!! 😖 I feel so bad for this girl!
@TheSoulCrisis
@TheSoulCrisis Год назад
I wonder how they sleep at night……..ripping people off left and right!
@jimroscovius
@jimroscovius Год назад
People are so stupid for taking those loans.
@insertname841
@insertname841 Год назад
That was the friends and family discount. Good Lord
@sxtsxt6714
@sxtsxt6714 Год назад
Why does it matters….. all these questions are to embarrass her. Just help her
@kaohsiung99
@kaohsiung99 Год назад
She has to help herself. The questions had to be asked to let her explain & understand the situation that she got herself into. Now, it's the situation that she needs to get out of!
@patrickchilds5486
@patrickchilds5486 Год назад
A new Tiguan is 40k. Wow. And they are garbage.
@shaynesbuzzworld3391
@shaynesbuzzworld3391 Год назад
Sadly, business is business. They will tell her like a dealer told me, there are no take backs. I called the next day after regretting a bad purchase. She’s stuck with it and will take the loss to sell it.
@jimmymcgill6778
@jimmymcgill6778 Год назад
Should have paid no more then 25k for it.
@dianecelento4974
@dianecelento4974 Год назад
People need to go online and check the invoice amount before buying any car.
@robertcraft1030
@robertcraft1030 Год назад
She can't put the miles on her car with delivery jobs.
@gr8macaw1
@gr8macaw1 Год назад
Poor lady I hate these people who take advantage of people who really don’t understand finances. This was a friend????.
@Techwithedwin
@Techwithedwin Год назад
George trying to cause issue at that office. She will be walking in looking at everything side way 🤣🤣🤣😍😍
@jacobmoreno6339
@jacobmoreno6339 Год назад
Just refinance at a lower rate. You'll save thousands over the life of the loan.
@jasonleatherwood2172
@jasonleatherwood2172 Год назад
She dont know her numbers at all 688 times 72 is 49k she didnt pay 49k for the car
@cadenceglass8809
@cadenceglass8809 3 месяца назад
She got the warranty too
@derrickadams6973
@derrickadams6973 Год назад
They robbed you legally wow 😮
@jcherestal
@jcherestal Год назад
She going to have to make an OF page
@paullampert6990
@paullampert6990 Год назад
Call the bank tell them to come get it and walk away.
@aconformist1
@aconformist1 8 дней назад
With a nice reposession on your record and them selling the car for 10k at auction and sending the bill plus auction fees for the entire amount that you still owe.
@paullampert6990
@paullampert6990 7 дней назад
@@aconformist1 goes away after 5-7 years. If you don’t need to borrow money, FICO score means NOTHING
@Mr_Banker222
@Mr_Banker222 Год назад
Paid 30k for my Lexus gonna drive it til the wheels fall off
@terriesmith2616
@terriesmith2616 Год назад
Lexus are really reliable when properly maintained, so the wheels might fall off in 20, 25 years or so. Lol
@Steverz32
@Steverz32 Год назад
I bought a 2005 Lexus RX330 it now has 201K and it still runs great 👍 😊
@WeBeatMedicare6969
@WeBeatMedicare6969 Год назад
Highway robbery by the finance dept…should be illegal (edit: her own employer did this to her lol)
@costco_pizza
@costco_pizza Год назад
She’s literally going to work for free… all her money is going to the car she bought from them.
@HAL-9000x
@HAL-9000x Год назад
She needs to speak with management and have them rectify this or she outs the name of the stealership. Crony capitalist scams like this is why the stealership model needs to end.
@lexsea
@lexsea Год назад
SIX YEARS 15% and her friend gave it to her?!! wow that's so messed up poor girl. that's not a friend that's a snake taking advantage of her
@richardm5540
@richardm5540 Год назад
Terrible people who act like your friend. The lowest of the low!
@daviidfm923
@daviidfm923 Год назад
The amount of people that are in the same boat from the markups that have been going on is wild.
@ervinjackson3261
@ervinjackson3261 4 месяца назад
That’s crazy. Wow feel sorry for her.
@miguelberrios19
@miguelberrios19 Год назад
Ladies, unfortunately, this is what dealerships do. When they see someone that shows excitement when looking to buy a car, salesmen's and manager's will take advantage of anyone showing this excitement. Poor lady.
@jimroscovius
@jimroscovius Год назад
They're in business to make money. The buyer needs to be smart.
@aconformist1
@aconformist1 8 дней назад
@@jimroscovius The buyer needs to be smart or at least smart enough to recognize that they are not smart enough in this area and to bring along someone who is before signing any contracts. People are too quick to blame the stealership.
@jimroscovius
@jimroscovius 8 дней назад
@@aconformist1 Agree. A bank once tried to tell us we could afford a certain home loan. We knew we couldn't comfortably do it, so we didn't. We just waited until we got a loan for a house that we could afford.
@wastelanddan7388
@wastelanddan7388 Год назад
That is messed up beyond messed up. Poor girl got taken advantage of big time. Unfair interest rate, term, car. Didn't explain anything to her. Do your research folks. It can come back to bite you!
@georgewagner7787
@georgewagner7787 Год назад
Sounds like a house payment
@icelineman
@icelineman Год назад
I am speechless.
@MaxAndDaisy0825
@MaxAndDaisy0825 9 месяцев назад
Bless her heart Doesn't know how credit works , signed for everything Oh the innocence 😢
@anthonyamato6367
@anthonyamato6367 Год назад
She was taken advantage of and clearly didn’t know what she was signing up for. 15% interest??
@user-wt3wl3pm6q
@user-wt3wl3pm6q Год назад
Probably true although what are the chances her past financial decisions were just as bad, meaning no one would give her a lower rate. High risk borrower equals high rate.
@BYOB561
@BYOB561 Год назад
At least she has the right mindset at an early age. And better she messed up at this age then older age down the road.
@elchapojr6219
@elchapojr6219 Год назад
😂 she said I got goals 😂
@lemoncrinckles
@lemoncrinckles Год назад
Poor kid. Sure sounds like she was a bit naive and was taken advantage of, big time. Hope she finds a different place to work.
@tristanrodenhauser5267
@tristanrodenhauser5267 Год назад
This girl walked right into a trap. She thought she could afford a car that matched her salary. That’s great $ if she didn’t have car and other debt. $688 payment is nuts when you have $2k in the bank. Sell the car back, why have a new car if you need to do Door Dash.
@eleanormassaro5195
@eleanormassaro5195 Год назад
That is just crazy! That car was way overpriced!
@clark_kent999
@clark_kent999 Год назад
Learning some hard lessons here.
@MrJumpingmaniac
@MrJumpingmaniac Год назад
She needs to take responsibility for her decisions and quit blaming the dealership.
@ToOpen6seven
@ToOpen6seven Год назад
yep
@gregorypaine513
@gregorypaine513 Год назад
STEALERSHIP!
@rdb0819
@rdb0819 Год назад
That dealership is a rip off!!! I wouldn’t even want to work there anymore
@blackworldtraveler3711
@blackworldtraveler3711 Год назад
She did this to herself.
@rdb0819
@rdb0819 Год назад
@@blackworldtraveler3711 I totally agree and she’s responsible for her actions. However, I think the employer is unethical and shares some accountability. This woman is 22yrs old and she most likely made the decision trusting the place she works at 🤷🏾‍♂️
@blackworldtraveler3711
@blackworldtraveler3711 Год назад
@@rdb0819 All she had to do was read and understand what she was going to sign. All the numbers were there. Car salesmen has always been the lowest of lows. I think part of the reason I keep my car so long is because I'm not looking forward to dealing with them. Can't stand those people.
@lkj0822g
@lkj0822g Год назад
Question not asked: What is the loan balance and/or payoff on that loan. Sounds like she simply multiplied the monthly payment by the remaining term of the loan. She is financially illiterate and a perfect prey for car dealerships and Ramsey Inc..
@formula112967
@formula112967 Год назад
Gotta have that VW Tigaun....I coulda told her it those are junk.
@132ndave8
@132ndave8 Год назад
Paying that much for a such basic car like the Tiguan is crazy. I was assuming she got a BMW or Mercedes from the price, but I did not expect that answer. I wish her the best through this journey though, we all make financial mistakes in our life!
@SwimSweetie100
@SwimSweetie100 Год назад
This is a rough one. You’d think her “friend” would have helped her out
@dianecelento4974
@dianecelento4974 Год назад
Right! So sad.
@catherinep2034
@catherinep2034 Год назад
Maybe they didn't want her to leave? Trapped her with a debt.
@Dflonn
@Dflonn Год назад
This doesn't add up. $688×72 months = $49,536. So before she said, it was $55k after the add-ons it made since that she would pay, $49k+ if she paid on schedule. We also don't know what she put down, so we don't know how much she financed. They didn't ask the right questions, so we don't know what the price tag was or if she brought negative equity. Well, then again, working at the dealership, she may know the difference between the principal balance and the total she's scheduled to pay. She just forgot that most of the money is made in the finance office and OH YEAH, SHE CAN'T AFFORD THAT CAR.
@DeepDeepSpace
@DeepDeepSpace Год назад
They also never asked her what her housing costs were. That's kind of important.
@droid2D2C3P0
@droid2D2C3P0 Год назад
@@DeepDeepSpace what? Her housing has literally nothing to do with her car
@DeepDeepSpace
@DeepDeepSpace Год назад
@@droid2D2C3P0 her housing has everything to do with it. It determines how much of her income she can put towards the car loan.
@terriesmith2616
@terriesmith2616 Год назад
@@droid2D2C3P0 Her housing cost has everything to do with her car loan. If she lives for free, then she can pay more than the required $688 a month. She makes $50K/$55K a year, she can pay $2k to $3K each month into the car payment if she lives at home for free. All she buys is food. But if she is renting, then she can't put extra money towards the car payment. So, yea, housing has a lot to do with her car loan.
@droid2D2C3P0
@droid2D2C3P0 Год назад
@@terriesmith2616 that's not at all how it works.. you can either afford the car or you can't. Other expenses are irrelevant. You don't justify spending 40% of your income on your car just because you have no rent.. 🙄
@m2gautam
@m2gautam Год назад
A goat walked into a lion’s cave when she heard a kitty lived there
@sweetfayce18
@sweetfayce18 Год назад
Same thing with buying a house. Stay clear of peer pressure
@nvasudeva
@nvasudeva Год назад
This is why education is important 😢
@front331
@front331 Год назад
What does education have to do with purchasing a car?
@nvasudeva
@nvasudeva Год назад
@@front331 if you are financially educated you know that signing up for a 15% rate of interest on a depreciating asset is stupidity. I hope it makes sense. I wish they teach more about financial education in schools.
@Rob10288
@Rob10288 Год назад
You mean common sense.
@mikenelson8377
@mikenelson8377 Год назад
@@nvasudeva school only goes so far. It’s about personal experience.
@kay9056
@kay9056 Год назад
Education can be informal as well as formal. So yeah, education is important.
@steelcastle5616
@steelcastle5616 Год назад
On the flip side, it's probably got a sunroof and nice rims!
@catherinewilke5583
@catherinewilke5583 8 часов назад
I just leased a brand new car for zero down and less than $300 a month. Because I want to try an EV and don’t want to own it for 15 years. So far, so good. This girl should have asked someone trusted for help. What a mess.
@vdwalt4464
@vdwalt4464 3 месяца назад
Now THAT'S a "Stealer Ship" if there ever was!
@thedon7845
@thedon7845 Год назад
Her own job hustled her...amazin!
@willtacoma2ndgen661
@willtacoma2ndgen661 Год назад
Wow I feel bad for this young girl. The dealership will take advantage of you the minute they saw that you don't know anything about cars. They always hate me because I Wil stick with the offer I put down until they give it to me or I will walk out.
@blackworldtraveler3711
@blackworldtraveler3711 Год назад
I don't . Been seeing this since the 80s and numb from it all.
@k20z3keith7
@k20z3keith7 Год назад
Why should anyone feel bad? She works at a freaking car dealership and doesn't know what a bad deal is lol or looked at the interest rate before signing and chose a trash VW. Ignorance is not bliss.
@willtacoma2ndgen661
@willtacoma2ndgen661 Год назад
@@k20z3keith7 you do realize not everyone is bright like you that can recognize a scammer a mile away or bad deal 🤔🤔. She's very naive thinking that she's working for the dealership they would not ripped her off. They ending ripping her off at the end of the day. If everyone was like you and me scammers will stop scaming people on the internet.
@chocotv3573
@chocotv3573 Год назад
This my first time to hear that high interest to buy a car!
@HacksawJimThuggin
@HacksawJimThuggin Год назад
"There's a sucker born every minute"
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