Correct if I buy a car I put down 5-7k to make sure I’m not upside down at this point I could sale my car and get the 5k I put down back and walk way from the car these people paying 18-22% interest I was complaining about 5% I’m use to 2-3% interest
And this right here is why you don’t go straight into a 23-30k car right out of high school/college. I drove a $3000 car went up to $5000 and just 3 years ago went up to a $16000 car. And that’s where I’m stopping because I don’t need anything nicer. All but the last one was paid in cash and the last I had paid off in 6 months. Stop buying things you can’t afford.
Notice how at first didnt answer how much she makes a month?...I bet with that horrible credit score and a looming repo AND no money to put down she makes nothing near $5000 a month.
Wow, 472 credit score takes talent, lots of collections and repo probably. 472 credit score, I would not give you a loan for 5 cents to cross the street.
Four things, driving history. Looks like car might have been in an accident since she owned it, and if she was a fault that would be a big ding. Age if she isn't over 25, Crime in her zip code, and cost to fix vehicle from insurable instances. I have 3 personal vehicles for myself a 24, a 23, and a 20, and when i added my 19 year old child to my policy on a 23 Kia Rio S (newer version not a kia boy attraction) I bought straight cash brand new with her as the primary driver because she is in college out of state. Her price for 6 months with $1000 deductibles is within $125 of my other 3 vehicles combined for 6 months with $500 deductibles on each of those. No accident history for either of us. 2 of my vehicles cost more than double hers, the other was about 6k more. That young driver fee is nuts. And as far as this lady 611 a month for that civic is pretty crazy. At that price You would have thought she bought it brand new but if she owes like 23k on a 2019 the math don't make sense unless she got like a 72/84 month loan with a bunch of dealership extras. And if she bought it used damn she got fleeced.
The problem with buying one of these cars second hand is that usually people who are irresponsible with their payments also don't usually keep up with their maintenance especially oil changes. I came across a 2021 corolla with a with a strange engine oil burning issue which is very rare for that car. Upon investigation I found that the car had an oil change until right before the car had been repo'd. Someone had just added oil but it was the original oil filter from the factory that tipped us off.
For those who believe if they just let their car go back all will be well they are mistaken. You will be responsible for any loss the fiancé company has at auction. You will then be making a payment on a car you don't even have anymore.
That’s not how it works in Canada, if the bank repos it that’s it your hands are wiped clean it does go on your credit record but after a few yrs it goes away as long as you don’t keep making stupid financial decisions
The negative equity after repo will be the balance on collection report it will go away after 7 years but a 472 then a repo isn't going to be a fun 7 years. Dealers won't take her to court for 10 grand as it'll cost them 20 grand in lawyer fees and expenses.
"You'll need about $5,000 down". "I'll think about it" = I don't have any money. I guess she really thought someone was just going to give her another car when she's way upside down and already has bad credit and doesn't make much money. People really be living their dreams out here, and not in a good way.
611 dollars a month for a CIVIC ??. That car is not even 30 thousands new and loaded. Someone really took advantage of her or she rolled 10k from a previous negative equity when she bought the car. Hondas are such good cars and reliable, you can own them for 10 years or over 250 K miles easily. One of her options is to take the hit, pay it off in the next 4 years and use it for as long as she can for another few years without car payments and save for the next one. Unfortunately, some people want to have new cars every 2 years
All people care about is the monthly payment. They tell themselves “I can make that payment…THIS month” but never think if they can make it EVERY month. One unexpected bill and they are like this woman.
Sometimes it's 100% the fault of a (hopefully) ex partner. They will destroy their own credit and if you are married to them then basically their credit problem becomes yours. Also, anyone in the military can seemingly buy what ever they want and no one seems to make sure they can afford it before giving out a loan.
Trying to give it back with a $23k balance? I guess she doesn’t know that if the dealer can’t get $23k at the auction she will still owe the difference. Her credit will be trashed at the very least and she’ll end up paying 25% interest on that “something else”.
She should not have to pay the difference is they are going to trash her credit. Getting credit trashed is the punishment. She should not have to pay also if they trash the credit score!
@@lotsofthisandthat9791 It should be both. The vehicle is collateral for the loan. Repossessed vehicles being sold pays back only part. She owes the difference since her dealer is not necessarily the one who repossesses the vehicle. It is the bank.
@@lotsofthisandthat9791 what are you talking about? She took out a loan and can't pay it back. The bank doesn't control her credit score, that has nothing to do with them other than them reporting to the credit agencies that she's not giving back the money she was loaned. What universe do you live in? I guess someone who commits murder and they're posted all over TV and the internet shouldn't go to prison b/c they already lost their job and ruined their reputation. SMH.
I feel like the government needs to step in and prevent these type of loans as some of these dealerships are taking advantage of people that are desperate, I understand they are adults but they need to put the total price to pay with interest in 20 font on the contract.
@@LordPrometheous That's true. They do have a trim level that is REALLY sharp and more expensive than the basic ones. My son in law has one and they are really nice little cars. As for assuming anything about this young lady goes though, I'd say with her credit score she probably just took what she could get, and based, again, on the score and the seemingly naivety she possesses ....... I'd bet it was just a base or mid level trim.
@@dyates6380 yeah, all that makes sense. It would also matter where she bought it, bc the sub prime / we finance places will not only approve loans with astronomical rates, but also raise the price of the vehicles bc the buyers are desperate and can't explore other options.
She absolutely got screwed by the financing. She should look around to see if there's any credit union with lower interest rate. Honda Civic is a good car, trading it for something cheaper is a bad decision.
I mean true, Honda civics are fairly cheap to maintain and very reliable. She messed up by buying a new one instead of an old used one. Shd should just get a old 2002-3 Lexus ES 300 if she wants dirt cheap and reliable.
“Hey bro, I make 10k monthly after tax and owe 15k on my Nissan Altima and can no longer afford my $200 +100(insurance) for a total of $300 monthly payment on it, can you help with a cheaper car?” Lol
Keep the car pay it off, Honda will last you a life time. Don’t ruin your credit or get into another care loan. You’ll end up In the same situation in a year or so.
It's a 2019 with the CVT transmission. I have been reading a lot of people comment on fb and other platforms that Civic isn't as good as it use to be. I'm still driving my 2009 with 215,000 km on it.
@@rickster_88The CVT is worst trend of the last decade. It feels awful to drive and is just horrible overall. I heard the same about the newer Hondas though.
The problem are the banks, the buyers like her, and the dealerships pushing these crazy prices/loans. They're all to blame and have created this mess with no recovery immediately in sight in 2025
@@domini384 You ever heard the saying you can’t get blood out of a turnip. My guess is there is no cash to be had. Bank will probably have to eat this one.
@@MikeKlotz It will be sent to collections and or sent to court. Either way its going to screw the person over until it falls off the credit after 7yrs.
Mike i guess you have never done this before. The bank will sort seek that vehicle probably for 8gs then she is liable for all that's left and will have no vehicle. Then she will be sent to collections. It gets alot worse. They will get their money out screw her for the next 10 years on a bankruptcy for 15k.
@@maxpain7197 Can't you give back the car, they sell it, and then just make an arrangement with the bank with lower interest? They for sure want their money, but if something can be negotiated...
People may not be aware - car insurance rates are based on your credit score + driving records. Its hard to belive that she pays 460 per month for the insurace, but with 472 credit score it could be the best rate she could get.
The best case for her is getting a loan for the owed amount left on the car, receive the title, sell the car with title, partial pay off the loan with the money from the car sale, then coast and pay on the loan. That way while paying off the loan she won't have that $460/mo insurance at the very least (how tf do you have that high ins on a civic???), and no repo on record. Loan rates would be poo poo so idk just sucks to sucks girl
It will likely be in the form of an unsecured personal loan which typically carries higher interest rates than an auto loan. At a 472 credit score, I highly doubt any lender will even approve an application asking for 23k(what she owes). Her best bet would be insurance fraud LOL
One thing I've noticed about people with car loans here: Many have cars with 60k+ miles and skip maintenance. I wouldn't trade for a car with that many miles! 🤔 #Cars #Loans #Maintenance #Miles #Trade
Her best bet is to keep this cat and pay it off. Or refinance the $23k at 8% for 5-6 years. That will drop the payment to $400-475. She probably can’t qualify for 8% though. Not sure how much she can lower her payment.
What most people don't realize is car loans are typically recourse financing. This means the lender can still go after you for the outstanding balance of your loan.
Should have went for the 2009 or 1999 Civic. Riding the bus and owing money on a car you no longer own is a lot worse than driving a beater for a year or two
How the hell does someone get financed on a reasonably new car with a 472 credit score? I'm a dumbshit with a 530 and I couldn't walk out with a cheeseburger on credit let alone a car.
I drive a late model BMW and a late model Audi in the DC area. Full coverage insurance for both vehicles is about $1,600 annually. Insurance costs depends on many things including your credit score.
Its probably best for her to just drive it until her loan is done, while cutting back on other expenses in her life. Its a worse situation if she rolls some money over to a new car since now she will be even more underwater. Every new purchase has taxes, on top of losing money on the old car
even with $5k down she's still underwater $5k. So, she would have to roll that 5k into the purchase of her next car. And with a 472 FICO score, who would finance her?
Ugh, she's not alone but she's going about buying a car all wrong. First, it sounds like she got herself into a predatory lending situation. But more than that, one should always know what they want and what they can afford before they even talk to a dealer
How are you offering 12k-13k when kbb on a 2019 Honda CivicLX Coupe 2D in good condition with 60k miles trade in is at $14,500-$15,600 How do used car sales ppl sleep at night....
She makes $1,100 a week and can't afford a Honda civic? Something ain't mathing
She don't I hear how she is speaking she don't even believe what she's saying
people spend money they dont have. credit cards, payments etc
Probably buying things she don't even need. Just buying anything she wants while ignoring very important bills
What's not making sense is believing her claim of making $1100. a week. Once you realize she's lying it all falls into place.
Overspending on housing probably
"I wasn't thinking about putting any money down." This right here is why people get stuck in the negative equity trap.
He knew she didn't have five grand🤣. She wouldn't be calling him if she had that kind of money.
Correct if I buy a car I put down 5-7k to make sure I’m not upside down at this point I could sale my car and get the 5k I put down back and walk way from the car these people paying 18-22% interest I was complaining about 5% I’m use to 2-3% interest
And this right here is why you don’t go straight into a 23-30k car right out of high school/college. I drove a $3000 car went up to $5000 and just 3 years ago went up to a $16000 car. And that’s where I’m stopping because I don’t need anything nicer. All but the last one was paid in cash and the last I had paid off in 6 months. Stop buying things you can’t afford.
Notice how at first didnt answer how much she makes a month?...I bet with that horrible credit score and a looming repo AND no money to put down she makes nothing near $5000 a month.
Either that or crippling student loan debt or any sort of debt
@@georgie2844 Well..if she has "crippling student loan debt" she is obligated to pay HER student loan not buying new cars.
I bet she doesn’t even know how much she makes
@@axebeard7677correct!!
@@axebeard7677 Most hookers have no idea
Wow, 472 credit score takes talent, lots of collections and repo probably. 472 credit score, I would not give you a loan for 5 cents to cross the street.
Depends I always pay off my 5 cars I've gotten over the years it's just the credit cards that scam people and ruin the credit I never pay them back 😂
@Cinnamon535 no , idiots that use credit cards are to blame!
For real. About 10 years ago I filled bankruptcy and was still at around 600.
Credit cards do not scam people. People scam themselves by misusing credit cards.
@@imdone1967 You got a lot to learn if u think credit cards scam people especially when people have no idea how to use them properly.
Did she get a DUI? How could your insurance be $460 a month on a 2019 Civic in Charlotte?
Right?! I'm paying $280 for 2 cars that were a little over $100,000 combined in Fairfield county CT. She's getting screwed.
Im Paying 4k a year full coverage for a 911 an RS4 and 2 motorcycles..... And this is in the most UNHOLY CRIMINAL city in the world... NYC
@@mikemooch7719
Or her record is horrible
I pay less to insure 7 cars/trucks and a car trailer. She must have hit everything except a side hustle.
Four things, driving history. Looks like car might have been in an accident since she owned it, and if she was a fault that would be a big ding. Age if she isn't over 25, Crime in her zip code, and cost to fix vehicle from insurable instances.
I have 3 personal vehicles for myself a 24, a 23, and a 20, and when i added my 19 year old child to my policy on a 23 Kia Rio S (newer version not a kia boy attraction) I bought straight cash brand new with her as the primary driver because she is in college out of state. Her price for 6 months with $1000 deductibles is within $125 of my other 3 vehicles combined for 6 months with $500 deductibles on each of those. No accident history for either of us. 2 of my vehicles cost more than double hers, the other was about 6k more. That young driver fee is nuts.
And as far as this lady 611 a month for that civic is pretty crazy. At that price You would have thought she bought it brand new but if she owes like 23k on a 2019 the math don't make sense unless she got like a 72/84 month loan with a bunch of dealership extras. And if she bought it used damn she got fleeced.
The problem with buying one of these cars second hand is that usually people who are irresponsible with their payments also don't usually keep up with their maintenance especially oil changes. I came across a 2021 corolla with a with a strange engine oil burning issue which is very rare for that car. Upon investigation I found that the car had an oil change until right before the car had been repo'd. Someone had just added oil but it was the original oil filter from the factory that tipped us off.
She ain’t ever calling back! 😂😂😂
People are so damn stupid with their finances!
some
@@DanaBrady-h9m lots..
Her best approach is to get a bus schedule.
She makes good money. She just needs to live within her means. Generational debt
She's lying. She can't even speak proper English. Plus how can you not pay for a car with that?
She sounds like one of those strong and independent types that don't need no man.
You mean one that no man needs? Lol
Found the incel
Bingo.
@@HoldTheDark-o8e My guy, you're a virgin
@@HoldTheDark-o8e I bet you are womanless
For those who believe if they just let their car go back all will be well they are mistaken. You will be responsible for any loss the fiancé company has at auction. You will then be making a payment on a car you don't even have anymore.
My fiance doesnt own a company ..so im good right?
😂😂
That’s not how it works in Canada, if the bank repos it that’s it your hands are wiped clean it does go on your credit record but after a few yrs it goes away as long as you don’t keep making stupid financial decisions
The negative equity after repo will be the balance on collection report it will go away after 7 years but a 472 then a repo isn't going to be a fun 7 years. Dealers won't take her to court for 10 grand as it'll cost them 20 grand in lawyer fees and expenses.
@@TheWhyteBoyMeezy They might, I've been seeing alot of people getting sued for smaller amounts on r/debt.
"I'll think about", she's never had a thought in her brain ever!
That's code for she's not doing anything.
$23000 on that civic is madness. That car worth like 7k.
"You'll need about $5,000 down".
"I'll think about it" = I don't have any money. I guess she really thought someone was just going to give her another car when she's way upside down and already has bad credit and doesn't make much money. People really be living their dreams out here, and not in a good way.
611 dollars a month for a CIVIC ??. That car is not even 30 thousands new and loaded. Someone really took advantage of her or she rolled 10k from a previous negative equity when she bought the car. Hondas are such good cars and reliable, you can own them for 10 years or over 250 K miles easily. One of her options is to take the hit, pay it off in the next 4 years and use it for as long as she can for another few years without car payments and save for the next one. Unfortunately, some people want to have new cars every 2 years
People really out here makong financial decisions based on TikTok.
This is the crisis.
I laugh because these are the same people who look down on folks who drive old used cars....😂😂😂😂😂
Mind boggling how people get themselves into these situations.
It's easy because a lot of people do not understand the car dealers they talk like they're your friend but they will screw you over if they can
@@chuckdameron5626you need to do your iwn homework
All people care about is the monthly payment. They tell themselves “I can make that payment…THIS month” but never think if they can make it EVERY month. One unexpected bill and they are like this woman.
Sometimes it's 100% the fault of a (hopefully) ex partner. They will destroy their own credit and if you are married to them then basically their credit problem becomes yours. Also, anyone in the military can seemingly buy what ever they want and no one seems to make sure they can afford it before giving out a loan.
Trying to give it back with a $23k balance? I guess she doesn’t know that if the dealer can’t get $23k at the auction she will still owe the difference. Her credit will be trashed at the very least and she’ll end up paying 25% interest on that “something else”.
She should not have to pay the difference is they are going to trash her credit. Getting credit trashed is the punishment. She should not have to pay also if they trash the credit score!
@@lotsofthisandthat9791 Unfortunately, that’s the way credit works. If you don’t pay back what you borrowed, the next lender penalizes you for it.
@@lotsofthisandthat9791 It should be both. The vehicle is collateral for the loan. Repossessed vehicles being sold pays back only part. She owes the difference since her dealer is not necessarily the one who repossesses the vehicle. It is the bank.
The way some people talking about giving the car back make it sound like it relieves them of all responsibility, and they're doing the bank a favor.
@@lotsofthisandthat9791 what are you talking about? She took out a loan and can't pay it back. The bank doesn't control her credit score, that has nothing to do with them other than them reporting to the credit agencies that she's not giving back the money she was loaned. What universe do you live in? I guess someone who commits murder and they're posted all over TV and the internet shouldn't go to prison b/c they already lost their job and ruined their reputation. SMH.
These little clips are entertaining!
I feel like the government needs to step in and prevent these type of loans as some of these dealerships are taking advantage of people that are desperate, I understand they are adults but they need to put the total price to pay with interest in 20 font on the contract.
1200 a week is crazy
Yeah that’s a lot of money for someone with 472 credit score.
@@axebeard7677what does credit score have to do with it?
Sad but many scam today
A 2019 civic wasn’t 23k new. Five years later she still owes the new price.
I assumed it was a fully loaded model, which could have certainly been around $30K.
@@LordPrometheous That's true. They do have a trim level that is REALLY sharp and more expensive than the basic ones. My son in law has one and they are really nice little cars. As for assuming anything about this young lady goes though, I'd say with her credit score she probably just took what she could get, and based, again, on the score and the seemingly naivety she possesses ....... I'd bet it was just a base or mid level trim.
@@dyates6380 yeah, all that makes sense. It would also matter where she bought it, bc the sub prime / we finance places will not only approve loans with astronomical rates, but also raise the price of the vehicles bc the buyers are desperate and can't explore other options.
She absolutely got screwed by the financing. She should look around to see if there's any credit union with lower interest rate.
Honda Civic is a good car, trading it for something cheaper is a bad decision.
During covid, everyone got screwed .
I mean true, Honda civics are fairly cheap to maintain and very reliable. She messed up by buying a new one instead of an old used one. Shd should just get a old 2002-3 Lexus ES 300 if she wants dirt cheap and reliable.
@@wlonsdale1 It amazes me that people bought cars during that time. Just like the housing market they probably thought it would keep goiong up
No credit union going to finance a 472 credit score. Straight denial. Probably even with a co-signer it will still be denied
@@wlonsdale1 No one got screwed. People bent over, grabbed their ankles, and said have at it. Now some of them want to complain about what happened.
“Hey bro, I make 10k monthly after tax and owe 15k on my Nissan Altima and can no longer afford my $200 +100(insurance) for a total of $300 monthly payment on it, can you help with a cheaper car?” Lol
CREDIT...is EVERYTHING!
Keep the car pay it off, Honda will last you a life time. Don’t ruin your credit or get into another care loan. You’ll end up In the same situation in a year or so.
Good advice but doubt she'll take it.
It's a 2019 with the CVT transmission. I have been reading a lot of people comment on fb and other platforms that Civic isn't as good as it use to be. I'm still driving my 2009 with 215,000 km on it.
@@rickster_88The CVT is worst trend of the last decade. It feels awful to drive and is just horrible overall. I heard the same about the newer Hondas though.
The new civics won’t last a lifetime not with that crappy CVT and 1.5L with the turbo. Not a great decision
A Honda is a great vehicle but a Honda will not last a lifetime.
The problem are the banks, the buyers like her, and the dealerships pushing these crazy prices/loans. They're all to blame and have created this mess with no recovery immediately in sight in 2025
She has nothing to lose. Underwater by10000 credit already destroyed, let the finance company have it back. Start over.
She would still owe what cant be sold, shes screwed no matter what. You cant easily start over from that.
@@domini384 You ever heard the saying you can’t get blood out of a turnip. My guess is there is no cash to be had. Bank will probably have to eat this one.
@@MikeKlotz It will be sent to collections and or sent to court. Either way its going to screw the person over until it falls off the credit after 7yrs.
Mike i guess you have never done this before. The bank will sort seek that vehicle probably for 8gs then she is liable for all that's left and will have no vehicle. Then she will be sent to collections. It gets alot worse. They will get their money out screw her for the next 10 years on a bankruptcy for 15k.
@@maxpain7197 Can't you give back the car, they sell it, and then just make an arrangement with the bank with lower interest? They for sure want their money, but if something can be negotiated...
70K miles so far out of my 2014 $1000 car. Good maintenance prevents any major problems. Don’t even need collision insurance either.
I remember having bad credit and made stupid financial decisions when I was younger. I’m glad I got better at finances credit is good. No car payment
At this point the smart thing to do is to stick with what she has and paid off, then keep driving the car till the wheels fall off.
Does these people think Yusuf will say, "Ill help you out and pay off what you owe on the car and you start fresh"
People may not be aware - car insurance rates are based on your credit score + driving records. Its hard to belive that she pays 460 per month for the insurace, but with 472 credit score it could be the best rate she could get.
There should be mandatory personal economics class that all should pass before leaving high school.
She should be calling her bank instead of a dealer about this 😂
She must have a bunch of tickets and accidents for insurance to be over $400 a month on a civic
I think she was surprised by the information he gave her about repossession. At least he tried to help her with a little knowledge.
23,000 where it going for 17k max wtf
hes offering 13000 must be jew
If Yusuf had "market adjustments" and giving loans to high risk people, he is/was part of the problem.
She needs a cash car 🚗
The best case for her is getting a loan for the owed amount left on the car, receive the title, sell the car with title, partial pay off the loan with the money from the car sale, then coast and pay on the loan. That way while paying off the loan she won't have that $460/mo insurance at the very least (how tf do you have that high ins on a civic???), and no repo on record. Loan rates would be poo poo so idk just sucks to sucks girl
It will likely be in the form of an unsecured personal loan which typically carries higher interest rates than an auto loan. At a 472 credit score, I highly doubt any lender will even approve an application asking for 23k(what she owes). Her best bet would be insurance fraud LOL
Maybe she should file for bankruptcy protection
@@axebeard7677cant hurt given howclow the score is now. Might even raise it!
I have a 812 credit score, just checked after 5 yrs 😮
One thing I've noticed about people with car loans here: Many have cars with 60k+ miles and skip maintenance. I wouldn't trade for a car with that many miles! 🤔 #Cars #Loans #Maintenance #Miles #Trade
They must think this dude is "Vehicle Jesus" or something
This reminds me when i was in my early 20s. I was upside down on a Nissan by 7k. I can't stomach being upside down 20,30k on a car 🤮
Her best bet is to keep this cat and pay it off.
Or refinance the $23k at 8% for 5-6 years. That will drop the payment to $400-475.
She probably can’t qualify for 8% though. Not sure how much she can lower her payment.
she has 400 credit score and is underwater, no one will refinance for her.
What most people don't realize is car loans are typically recourse financing. This means the lender can still go after you for the outstanding balance of your loan.
They just file bankruptcy and do it again. Same with credit cards and pay day loans. Another salesman will get her financed in less than a year.
That is true of any loan. If you do not abide by the terms of a loan, the lender has recourse to make you pay.
He gives you $13,000 for the car and sells it for $24,000 a few days later. Hahahaha
this is why there were no cars for people in 2020 to 2023. These people overpaid for these cars when they knew they could not afford it.
Maybe it’s because I drive an old truck, but $460/month for insurance on a Civic? how on earth does that happen?
DUI
I pay $900.00 a year to insure my 2011 f150 king ranch. My motorcycle is roughly another $600.00 a year.
$460.00 a Month just for insurance. Wow either she is super Young or she is not a good driver. Wow.
Yikes, I owe $15k on my 2021 Civic. Thought my insurance was insane at $200 a month.
Crazy how I bought that cash before Covid for 14k out the door
Should have went for the 2009 or 1999 Civic. Riding the bus and owing money on a car you no longer own is a lot worse than driving a beater for a year or two
If you can’t afford a 6 year old civic then you really need to re-evaluate your life decisions. 😂😂
Credit score under 500 what you expect 😅😅
anything under 580 and they usually won't even talk to you
It seems to be the main theme with these videos.. Shitty Credit, regardless on how much you make
Im glad i own 2 vehicles both 2008 good condition. Folks get something you can afford pay it soon as possible and save money for home .
These people should find an old beater to drive so they can save up money for a down payment!
Not a down-payment. But to pay a car in full.
How the hell does someone get financed on a reasonably new car with a 472 credit score? I'm a dumbshit with a 530 and I couldn't walk out with a cheeseburger on credit let alone a car.
A new Civic will set you back that much in payments in Canada...
It amazes me how expensive car insurance is. I pay 1000 € per year for a small omnium on a 30k car.
I drive a late model BMW and a late model Audi in the DC area. Full coverage insurance for both vehicles is about $1,600 annually.
Insurance costs depends on many things including your credit score.
Are you telling these people the calls are being recorded?
Its probably best for her to just drive it until her loan is done, while cutting back on other expenses in her life. Its a worse situation if she rolls some money over to a new car since now she will be even more underwater. Every new purchase has taxes, on top of losing money on the old car
First time buying a car with medical debt on my credit score, my 17 civic was $350 a month lol.
medical debt doesn't effect credit score. the biggest thing that effects credit score is length of history.
even with $5k down she's still underwater $5k. So, she would have to roll that 5k into the purchase of her next car. And with a 472 FICO score, who would finance her?
Just get the repo and start over.
You can’t just give it back. Lol! They gonna sell it for cheap and sue you for the rest.
470 credit making 5000/mo is insane. I'm lucky to make $800 and my credit is in the low 700s
She’s lying about her income.
There is a reason she has 472 credit score. Poor financilal decisions
File for bankruptcy?
People call this dude with problems not to buy a car and he gives advice on how stupid they are but never sells any body a car
What a mess
A lot of people he calls have poor phone etiquette. Not surprising though.
She needs a bus pass ! She could save money and do better
Life long bus rider
Ugh, she's not alone but she's going about buying a car all wrong. First, it sounds like she got herself into a predatory lending situation. But more than that, one should always know what they want and what they can afford before they even talk to a dealer
Her best bet is just send keys back to Honda.
I was wondering if you were Moroccan, Now I know ! Dima Maghrib !!!
How are you offering 12k-13k when kbb on a 2019 Honda CivicLX Coupe 2D in good condition with 60k miles trade in is at $14,500-$15,600
How do used car sales ppl sleep at night....
she needs to just pay off the loan instead of getting scammed again by this guy.
I wasn’t thinking!?? 😂
This woman sounds delusional..... repo man is coming soon. She will still owe the negative equity
How is she making a 1100 a week damn I need her job
Your a 472. Your credit is already shot. Just give it back and BK you'll be okay in 6 months
460 in insurance she like 18 years old or she has a gang of tickets on a civic
Debt is EVIL.
Not for those of us who know how to use debt wisely.
@@jerrylundegaard2592 Debt is never "Wise" Only Foolish.
Nothing cheaper than a Honda civic lol
Mitsubishi Mirage
New they start at 25k or so, they really aren’t that expensive
I dont know who is worse... the customers or the salesman talking to them
She never called back
There's no way she makes 5k a month.
Generation of youngsters who sign anything. I laugh out loud how these youngsters try to cancel Boomers
Most stupid people don't know they are stupid.
They don't teach this high school, sadly.
@@carlosmartinezz3022 When I was in HS you had common sense not to do things like this..today there is no common sense.
Y’all boomers kinda contributed to the issues that we have today though
@@georgie2844 BS
i dont think shes making 1100 a week . sounds like shes gonna owe around 10 000 to the bank and be out of a car id imagine.
Good Lord. I can't understand her at all.
Wow I tough Hondas are easy to sell lol
This is sad
Just have someone steal you car and write it off
I mean whats the difference she has 470 credit score lmfaooo