Car Payments too high, I'll keep my gas guzzler

Helico-pterFunk

Rising Star
BGOL Legend




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easy_b

Easy_b is in the place to be.
BGOL Investor
I have a paid off 2016 Kia optima. I’m keeping it until the wheels fall off. Yeah it has an oil consumption issue, but I deal with that. Oh, by the way only has 121,000 miles so I’m good for a minute.
 

Helico-pterFunk

Rising Star
BGOL Legend
I have a paid off 2016 Kia optima. I’m keeping it until the wheels fall off. Yeah it has an oil consumption issue, but I deal with that. Oh, by the way only has 121,000 miles so I’m good for a minute.


I drove a 3yo Toyota (with 72,000km on it) for an additional 16+ years before selling it in the summer of 2019.


It was great on gas & only had 1 minor repair issue around 2010.


When I sold it ... a 24yo woman bought it as her 1st car. She brought her boyfriend & a friend along (who was a car inspector). He looked it over inside and out, and went under the car. Said it was in great shape for a 20yo car ... I was like ... "Alright ... good luck with it"
 

easy_b

Easy_b is in the place to be.
BGOL Investor
I drove a 3yo Toyota (with 72,000km on it) for an additional 16+ years before selling it in the summer of 2019.


It was great on gas & only had 1 minor repair issue around 2010.


When I sold it ... a 24yo woman bought it as her 1st car. She brought her boyfriend & a friend along (who was a car inspector). He looked it over inside and out, and went under the car. Said it was in great shape for a 20yo car ... I was like ... "Alright ... good luck with it"
The major thing I had to repair on my car so far was the fuel injector. The repair was $1000 because of course you had to take the engine halfway apart to replace the fuel injector and I went to the dealership you don’t want too many people doing that job who don’t know what they do with Kia cars.
 

Helico-pterFunk

Rising Star
BGOL Legend
The major thing I had to repair on my car so far was the fuel injector. The repair was $1000 because of course you had to take the engine halfway apart to replace the fuel injector and I went to the dealership you don’t want too many people doing that job who don’t know what they do with Kia cars.


Agreed. It's the labor that adds up for sure.
 

Helico-pterFunk

Rising Star
BGOL Legend
Repairs cheaper than buying a new car!

I bought my car at end of pandemic for 5k. Put 5k into it.

Nice crisp AC
New tires, brakes, full systems checks, sound system, fluids etc.

Basically new car for 10k, just an older body style.


Well played.


Speaking of cars ... one of the things that has worked well for me over the years is having good commutes. Hardly any stop and go traffic at all (good amount of highway during non-rush hour). That has drastically cut down on repair issues & improved fuel consumption.
 

Hey Julian!

Rising Star
BGOL Investor
Rent too damn high
Cars too damn high
Groceries too damn high
Gas too damn high
Date night too damn high
and apparently people are too damn stupid..

and no this is not a parody video. It was uploaded from the dealer's TikTok account. As dumb as she probably is I hope somebody puts a bullet in a salesperson at this place. I'm on record saying dealers are one notch below pedos/rapist and I stand on that.:smh:
 

Helico-pterFunk

Rising Star
BGOL Legend
and apparently people are too damn stupid..

and no this is not a parody video. It was uploaded from the dealer's TikTok account. As dumb as she probably is I hope somebody puts a bullet in a salesperson at this place. I'm on record saying dealers are one notch below pedos/rapist and I stand on that.:smh:




427 months ... damn.
 

CoTtOnMoUf

DUMBED DOWN TO BLEND IN
BGOL Legend
I was going to put down 40K on my F-150 Lightning and finance the rest a year and a half ago but the interest rates were just too damn high, so I stroked a check for the whole ticket. Fuck these greedy ass banks... I hate paying interest, making these banks richer than they already are.


:tut:
 
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Helico-pterFunk

Rising Star
BGOL Legend
She don't need a man.

I had to stop a woman from buying a 2000.00 couch for 20.00 installments.

I told her you will pay for that couch at least 3 times over.

You are better to get a zero Interest credit card and put it on that.



Agreed. It's frustrating and disheartening when you see stuff like that.


The TV or print ads from furniture stores saying "Don't pay for 36 - 48 months" and knowing their targets are people lacking financial literacy or wanting the immediate gratification of a new sofa / couch.


It should never take someone 3 to 4 years to pay off $1000 - 2000. And like you said - potentially paying that thing off 3x over in the process.


Got a story for you. My dad's father never drove. Got lifts to where he needed to go, or took public transit. Anyway ... he took his wife car shopping back in the late-60s or early-70s. He had seasonal work and wasn't too well off, but was always frugal. Had the money in his pocket to pay straight cash for her car. She always presented herself well. Whereas he was sorta dishevelled. Ball cap, work jacket, and khakis or well-worn slacks.

They were trying to run game on him at the dealership, as expected. Him not being a car guy ... didn't have much to reply back with. Him and his wife really wanted the car though. Anyway ... salesman goes off and talks to a coworker and grandpa overhears him making fun of him for his appearance, saying he's broke / a bum, etc.

Grandpa hears that shit and tells his wife they are taking their business elsewhere. Walks over to the guy who had been clowning him, shows him the wad of cash in his pocket and says - "I was planning on buying that car straight cash, but whatever ..." and walks out.
 

CoTtOnMoUf

DUMBED DOWN TO BLEND IN
BGOL Legend
and apparently people are too damn stupid..

and no this is not a parody video. It was uploaded from the dealer's TikTok account. As dumb as she probably is I hope somebody puts a bullet in a salesperson at this place. I'm on record saying dealers are one notch below pedos/rapist and I stand on that.:smh:




That's 35 and a half years
and she'll pay $255.773.00

Gtfohwtbs!
 

Helico-pterFunk

Rising Star
BGOL Legend
I was going to put down 40K on my F-150 Lightning a year and a half ago but the interest rates were just too damn high, so I stroked a check for the whole ticket. Fuck these greedy ass banks... I hate paying interest, making these banks richer than they already are.


:tut:



What were the interest rates like back in early-2023?
 

RoomService

Dinner is now being served.
BGOL Investor
and apparently people are too damn stupid..

and no this is not a parody video. It was uploaded from the dealer's TikTok account. As dumb as she probably is I hope somebody puts a bullet in a salesperson at this place. I'm on record saying dealers are one notch below pedos/rapist and I stand on that.:smh:

I hope you understand that this isn’t real?
 
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