Thanks to Bladed's videos, I was able to buy my first car. A 2019 Mustang GT with an apr of 3% I'd say it isn't too shabby for someone finally moving up in the world
Congrats for the car. 3% of interest on the financing - is more or less standard, and given to you by analyzing your creditability. Very simple, just a business.
That's pretty fuckin baller my guy, keep her pretty and never lose that appeeciation. As someone who got stuck in a 20% interest rate on an emergency daily buy, I definitely envy that APR, especially on a pretty solid whip!
Basically, You need to learn _how to manage money_ first and then You can do your hobbies next. Heck, I stopped collecting Gunplas, Figmas, Etc because of My bad spending habit to punish myself. And now I know how important it is to save money to when you _really_ need it like healthcare, groceries, and the like
Not really. This is entertainment for you and content sharing for poster. If you you really want to learn this topic - speak with people from financial area, or the ones, who financially went down to near bottom, and were able to climb up back.
@@AK.__ it’s good advice which is all it needs to be of course it’s not gonna go over everything but you got Kevin hunter the homework guy for car financial shit
@@AK.__ Oh trust me, I've tried giving actual Financial Advice...it's just that you must adapt your advice to your audience. You know how poorly my videos of me trying to give actual Financial Advice go? Exactly. At the end of the day man, Cars in general are just awful financially and all us car guys know that lol. So when you take that grain of salt, you have to adjust the advice for the people who still want to "Enjoy their life" as a car enthusiast. Otherwise my actual financial advice would've been similar to Scotty Kilmer or Dave ramsey which would be, "ENDLESS MONEY PITS!!!" Being a car guy is an endless money pit lmfao. I will become such a bore if I just give true financial advice while also maintaining a connection my mostly Car Enthusiast audience. That would make me become jaded and disconnected with them. I get it, they're young, so am I, we all want to live a little, but there are smarter ways to do so....even if the whole thing itself still is a little stupid. Cause like I said, no matter what, "We're all just endless money pits" 🤣
@@BladedAngel You basically very right here...need to adjust to target audience, otherwise it will be lost. Scotty is very dramatic, his content is good for people who needs the mean of transportation and not a car. Just in general, people have to understand - car is not investment (unless they buy some 'collector's vehicle or do complex restoration project) Your videos are good, keep your work rolling :)😀
My philosophy is; if I can't buy it in full and have some extra, I won't buy it yet. 25% of my pay checks go into a savings account, I pay for my bills and such, then the rest basically goes toward my car. I also never let my main account go under $1000. I have a list of mods I want to do to my car and I buy them as I get the the money, step by step. Although there are definitely times that I wish the process would go faster.
My dad most have the time enough money for the mod but he just hide it with pay in 4😹😹 also he only really use on the engine and suspension so my mom would never notice
PayPal’s 6 month 0% is awesome too. Obviously, it’s really similar to the pay 4 thing, just with two extra months. I try to only finance stuff when I absolutely need to, but I have used the PayPal program to update my wardrobe on an occasion or two when I didn’t necessarily want to be out $400 for something that needed to be done, but wasn’t pressing. Plus you have the added security that PayPal offers. Also I have been denied for pay in 4 programs before. Not sure what that was about. 🤷🏻♂️
Tip for meeting up locally, if possible choose something like a strip mall or in front of a bank or something, that way there’s always people nearby and if you really want to back out at the last second (could be seen as a dick move by the seller if they’re legit but better safe than sorry) it’s easy to get outta there
@@pedroinacio5084 Yea that works too I've done that for non car part related stuff cuz police crack down on car mods a lot where I used to live lol last thing I need is to get busted right after I buy -god heavenly forbid- an intake filter
it's incredibly infuriating to see most people in the us stay on the passing (be it middle or left) lane going just 3-5km/h over after overtaking someone instead of going back to the rightmost lane and let everyone else pass them JUST MOOOOOVE the only person i noticed doing this correctly is the white car at 7:23
As a teenager looking to enter the car community, this advice video (as well as other advice videos) in general is really helping. I used to find this financing subject boring, only recently I realized how important financing is if you want to stay as a car enthusiast... so thank you, and others who helped people like me to make a better choice at the start of our journey as a car enthusiast.
If you associate yourself / your parents to a middle class, the financing or loans - are your friends forever. Nothing wrong with it, cause simply we do not have large amount of money to pay for expensive item. However planning is really needed - the interest, which will be reasonable, and monthly payment , that you really (not approximately) will be able to pay.
@@calebsiefke7394 Nothing too expensive, just some old Japanese economy cars. They struck a chord in my heart, I practically grew up with them. A lot of them are manual and also very light, two things I really like. But yeah I'm into it mainly because of sentimental value. Yeah, sure it's not fast. But who cares about fast when your car can last practically forever?
Me sitting here at 19 with my own credit at 12% 😬 Edit: it only took me 10 months to build a score up to 730 and after the loan still at 722 somehow 👍🏽
The only eBay part i've ever purchased was a vortex generator for my '03 Impreza RS, which HAD A WING FROM THE FACTORY. It actually did make a difference, but again, THE CAR HAS A FACTORY WRX WING, ONE WON'T WORK WITHOUT THE OTHER.
Thank you for pointing "tree wrapping" I'm about 3 weeks away from being able to trade my Versa in for a 2019 Toyobaru 86 and I continue to hear the "nOt EnUFf pUrR" argument from people who have never even driven something like my shitbox Versa as hard as I allegedly have. 205HP in FR format with less than 3k lbs of body weight is more than enough for me, and if I ever get bored, then it's time to start planning the next car.
the not enough power people most likely are people driving shitboxes themselves or are filthy rich tbh, a car does not have to be fast to be fun or cool. Might I remind you what a stock m mk4 supra or r32 makes? Yeah, not really much difference there lmfao
My bank said the lowest APR for my motorcycle loan was 22%. And the lowest I got from the dealers bank was 19%. Even with the 60-70% I put down. Granted I was only 20 at the time with absolutely zero credit. I had a pretty low payment. Probably not the smartest thing to do to build credit but🤣oh well, got me from nothing to mid 600s P.S. Recession boutta fuck up Scat pack bois lives lmao
This was the best you could do. Not to be locked on 'APR', but the bike. If you were able to pay the payments without fault , obviously overpaying - nothing to do, that's the life. Not everyone was born with JPMorgan credit card.
Another thing people forget about paying off loans, especially car loans, is pay your monthly payment as early as you can afford every day that you wait to pay it is more interest. Paying your car loan even 10 days early can sometimes put 20 to $30 more on the principle, which is hundreds of dollars saved every year.
Not to mention credit cards offers rewards. I just got a new card and I use it on things I ‘have’ to buy like fuel and insurances and such. I get points back per every dollar spent and this specific card offers a $750 cash back after X amount of dollars spent. But because I’m using it on thing I’d already be buying, it’s like I’m getting a savings. 👌🏽
Free tip for Facebook marketplace and Craigslist users: a lot of police stations now have trading/selling space for safe meetups. If a seller wants you to meet them, ask them where the nearest police station is to them.
bladed genuinely thank you for the vids on subjects like this. as a newer car enthusiast these vids really help.thank you for giving some people who have relatively little knowledge on subjects like this. plus hello from Australia
The best advise for any car spending. Just Be Smart If you make 40 grand a year. Don’t try and get a car that’s 50+ grand. Unless you are absolutely sure you have the financial backing.
5.) if you end up buying a lemon, learn to know when it’s time to give up on it. I’ve dumped so much money into trying to get my R56 Mini (I know, shut up) back to full power.
You should make a video about car girls. You make so many about car guys but I didn’t see a single one about us girls after going through all of your videos. If I happened to miss it I’d love to know so I can go watch it😅 I’m still extremely new to cars, I only got really interested a few months ago. I adore your videos about car mods and have gotten a lot of new ideas for my future project car and even some for my current car that hopefully won’t shorten her lifespan too much😅 if you haven’t already, you should make videos about mods for specific things (mods for speed, sound, off roading), I know you cover some of those mods across several videos but it would be nice to see them all in one place.
Pay-in-4 is possibly going to become a very, VERY bad idea in the near future. These "loans" are not currently reported to the credit agencies, but they are looking to change that due to predatory practices. They way they're talking, each P-I-4 will be considered a new opened line of credit, then when it's paid off, it will show as a closed line of credit... and if you know anything about how credit ratings work, this could potentially be disastrous. It still boils down to the age-old adage... if you can't afford it, don't buy it.
Right Lane is exit Lane, left is passing lane, I can sit in the middle lane if I just want to go long distance (was going 565miles this video, well I only show half of it, other half was a few vids back). As long as I don't sit in the left, you're fine in America. Why would we sit in the far right if it's filled with trucks that will chip up my paint? and have cars merge into me from on ramps and people brake check me going off exit ramps? Middle Lane "hogging" isn't a problem in the US since our highways are designed differently. Also we're wayyyyyyyyy more spread out than EU is...need I have to link a map showing the US size compared to any Country in EU? Look at how empty the roads I'm driving on. No one is going to miss the middle lane....
@@BladedAngel good point but still super weird to me, I feel like if in spain they would make a 6 lane highway everyone would still drive on the right cuz we are programed like that xddd
@@BladedAngel In my experience European highways only have two lanes in each direction, so there's only the driving lane (right) and passing lane (left)
I’d love to have a hellcat, but I know I’m not capable of getting one right now. I want to better know how I can keep myself safe and not break the bank. I think I’ll become a pharmacist, but time will tell, I really hope they don’t inflate like hell like the original challengers and chargers from the late 60s, but I think the last edition, which is going to have allegedly 900hp and of course I’m going to want it and of course that’s the one that’s going to appreciate the most, like the demon lol, but I’ll be content with a manual hellcat challenger, if there’s still reasonably priced in 10-15 years time
When I got my first credit card, I started paying it off immediately, and I had 750 credit score at 19, and my parents didn’t pay it off for me. Just because a young person has good credit does not mean mommy and daddy paid it off for you.
But what if I can afford the car mod but I don’t want to make the full payment and use affirm ? Opinions from other people would help. I’m new to buying mods for my own vehicle (ram 1500’2020) •Wouldn’t it help build your credit too ?
They don't check your credit, so it doesn't affect your credit good or bad, I've used affirm for a couple years now for various things, even if I can easily afford what I'm getting it's just cool not paying it all at once sometimes lol
I have been watching this channel on and off for a few years. About 4 years ago I started working to build my credit, and I found BladedAngel along the way. I followed a lot of the financial advice you gave and a lot from financial channels and I'm on my way to having a great score and I've now bought my dream car (Elantra N). It takes time planning and effort, but you can get there if you are patient and make the right decisions. So thank you Bladed. And to those seeking their dream car, I encourage you to continue to figure out what YOU really like while you build your finances. The Elantra N is not what I would have bought 4-3 years ago, but I drove other cars in that time and really pinned down what it was about cars that made ME happy. Happy hunting friends.
Thats why you are supposed to have good credit and use affirm to buy tire and shocks etc. at a 0% apr. Anyone buying stuff at 15% is crazy and I don't use affirm unless I can do 0% and qualify for a few thousands.
Tons of great info here and can absolutely confirm that credit cards is the better way to increase your score. Another tip, let about 2% of your total available credit limit (across all cards) post to your monthly statement before paying it off. Make sure to do this on your card with the highest limit so it doesn't hurt your cards available credit limit percentage. This helps show responsible usage habits but the key is "usage". If your balances always show as 0 every month, it's the same as not using the card so it doesn't help as much. Car loans are very important though if your goal is to ultimately have a dream car. You can't expect to be approved for a 180k car loan when all you've had is a 10k car loan. You have to build up to it by getting a larger and larger car loan each time. This helps show the banks that you can handle it and increases your chances of getting approved.
What I do with payments for something I want is tie that thing to an activity that I should be doing to hit a goal so that way it be employed as a reward. For example, if you're looking for a job then your goal might be to apply for 3 jobs a day. Each time you hand out an application, put a dollar in a fund for something you want. When you get a job then you can spend the money. I'm 125 days in (Yes, I journal it) to a goal and I've delayed buying some items I want that cost a few hundred dollars because I want to tie that item to a reward; it trains my brain for delayed gratification and the resultant increase in confidence and character that comes with it.
I’m not bad with money, I can manage my money somewhat decently. I haven’t been doing good lately but that’s because I’ve been sinking a lot into my car. I use pay in 4 ALL THE TIME!! I don’t like using affirm but I do occasionally if pay in 4 isn’t an option.
I work from 8-4. Get paid weekly. Only about 300-350. I have worked there for 6 months. I have 1400 dollars. Bought a few things. And I think I make 6k a year. It's tough... But manageable.
I've been having a credit card for like 2 years and I have about a 730 credit score, would it be smart to put like an 8k down payment and get a loan like 10k to build my credit variety? Lookin to buy like a newish camry or civic or accord. It would be my first car, and i'm looking to have a 24 month max loan
Here’s some credit advice: Get a credit card. Spend to 9%. do not go over. And try not to go under but it’s still better than over. Keep it around there and pay it off when asked I usually do double the payment. Then get a second card. Do the same with it. I started at a $200 credit limit. With around 500 ish score from being new. Now I have a $9600 limit with a 780 credit score that is still rising each month or so. And for the love of god do not max out a credit card. You will screw your score to (and I’ve seen friends and family do this) to 200-300. You will only get high interest loans and building credit will be hard because your credit card will not be able to be used. You won’t get approved for another and the fee’s will power slam you into a wall. And it’s difficult to get out of. Just be smart and don’t spend what you can’t pay back. I am currently using about $900 which is about 9%. I have the money in the bank to pay it off immediately if needed. Safety nets are of highest importance. If I messed up my score at the start I wouldn’t be anywhere near 780 score at my age. Please be smart and don’t spend money you don’t have. Because I am paying for my Toyota Corolla with 0% interest. While someone with a bad score buying the same car in the same place would get 10-20%. It’s amazing how it works.
Who the fuck would take 29% apr on a car loan? I always get loans to get cars. I get 5-7% and my credit isn't crazy good(690-710). Also, I've never heard of anyone tanking 50-100+ points for anything other then students loans. Even then it's usually at most 100 points. You usually need something more to get a drop that big. Like a write off or super late payment. I just bought my first house and my credit only dropped 11 points.
I don’t ask my girl permission I just get tf shit. I make the money but what’s my money is hers too. I work all day but she does a great job taking care of the house and kids and she left her job when she got pregnant and she said she loves being a stay at home mom. So by her doing her part and me doing my part we both make the money if you see what I’m saying. So I just give her her amount of the money but when don’t spend over the budget. But I let her know when I’m paying for something like that just bc we both need to know where we stand financially. And if something is over our budget we have a talk about it to see if we’re able to pay me (me by the item or her by the item) if we can’t then I let her tap into my budget or she lets me tap into hers. For example say she has a weekly budget of $100 and I have the same. If what I want is $150 we talk and if she’s okay with it or is able to she will let me tap into her budge. This my budget is empty and she’s down $50 out of a $100. Or another option we do is just put the money to the side so if the item I want is $150, i put to the side $25 out of my weekly budge. So weekly budge being $100, 100-25=75. So I still have $75 remaining for the week. Do that every week until the $25 I take out reaches $150 then I buy the item. And she would do the same. However whatever option we decide (unless it’s only coming out of our personal budget) we let the other know just so both of us knows the money flow so we both know where we stand financially. However even if the item is only taking out of our personal budget we log it down in the notes app on our desk top so that way I have a log of everywhere the money goes just so there’s no misunderstandings. We both can look. The thing about being a 1 income household if we treat it as our money and not my money and treat her fairly with the money and whatever restrictions you give her you abide by yourself (hold either to the same standard) then it’ll work. But whoever the bread winner of the house is gets and ego about things. That’s why so many marriages fail bc of money
Never took a student loan or went to school. Now in blue collar making 32/hr building a widebody genesis coupe. Not the most expensive car but have 2.9% paying 156/m for it. Built credit with my card and took a 2k loan out just to build it. Then 2 years later got my car for low interest. I agree alot of people don’t know what credit really is, i had no co-signers and worked my way up and got a cheaper sports car that’s got custom size Work wheels. And im not ever short on money. All about patience and building credit and cars at a steady pace. No sense pushing it all at once for “clout”
Holy sh*t, I normally don't even advise financing a Car for more than 3 years, paying in full is always the best of course.. This isn't some rich guy advise mind you, I drive a 2019 Honda Civic for chrissake, I chose the '19 Civic because it was the best brand new car at that time that I could afford to pay in full.. But to hear that there are actually people financing mods is just another level of irresponsible lol..
i fucking stumbled my way into 990 credit rating ;D. When i was a dumb kid, i took out paypal credit, then just kept using it to buy games and slowly pay it off. by the time i was 20, i got financed a 2019 clio(in 2020), with a 10k/y part time job at 3% apr ;D.
When i got my credit card at 19, my first score was 720. Why? i bought gas with it. Literally thats it. If you have the opportunity to use it, use it for gas. back in 2020 it cost me 150 a month in card payments. after 3 years its still the same.
Hey Bladed,My dream car is an E46 M3 and a 2014 Shelby GT350 (the one from NFS movie) but they aren't available here in India but i want them so bad. Should I import one from UK and pay 100% import duty?
Ive done a lot of the bad habits here. Not the like really stupid ones but yeah. But my dream car was a 03-06 z71 tahoe which is what i drive amd its awesome and slow but takes me anywhere with my intellectually acquired wheel and tire setup, 35s on 18s(i traded an ar10). If i have an itch to go fast i take my kawasaki z or my 72 c10 my parents bought me as first car.
Advises are good. The content is for 5 minutes of speech and not 11. But mostly disturbing - assumingly that video shows real poster's drive (and not some game screenplay) - do you really try to teach someone, describing valid points, and obviously over speeding?? Do you rush to hospital or some other emergency?
Well I did learn something… people are stupid, who would ever look at a $2000 mod, then down into their wallet, see a fly and $238,62 and then go, “yeah I can afford that”, heck you can’t even afford to drive the car with that kind of money.
What is up with US interest rates? Most of that is illegal in the EU. In Germany everything over 12% is illegal. In Switzerland I'm paying 1.6% (with 23)
Some of those 0% offers from PayPal also get reported. And I do believe they do care a little on the loans greater than 700 ish. I say this because i noticed on one of the credit score sites (expedian) mentioned it, But I have no idea because credit scores are were developed by some coked up business guys in the 80s. But yes, get a credit card buy groceries and gas etc it will work out. My credit is high 700 low 800 just from doing that stuff for awhile.
Ok after using pay in 4 twice I can assure everyone here this actually works and its not bcs I got a bad spending habit or a low budget this will save u alot of money and you get the enjoyment of your item and you still have something saved for emergencies.
Ay that pink corvette picture almost 3 minutes in was taken a few years back in the parking lot of my hometown. The old capitol bowl, old JC Penney, and the movie theater. Old 5/3 bank in the background
i'm pretty sure in europe you HAVE to show what's the annual interest rate (95% of interest rates land in between 0% and 10%) and usually most people go for the lowest (often 0%) interest rate and even 10% is considered by some as a scam
i came to this country alone 3 years ago, nobody helped me with my bills. my first credit score was for 740. sometimes i think that you exaggerate things, man. i love your content but, sometimes you gotta stop lying.
If you’re not buying local and you don’t feel comfortable meeting, just tell them you actually live further than you really do and put your home city as the halfway point and bring a friend. Okay that’s actually an asshole move just bring a friend and agree to meet them halfway.
Just waste your time waiting so that you might be able to get what would be useful to you or make you happy. Yea because we all have as much time as we want and need in life. I agree with your point on financing a car and not being fucked by the bank, but If I have 2k in the bank and my cart of car parts is 4k and I can make 4 payments on it while I earn the money for them I’m gonna get the parts now so I can have and use the as much as possible. I’d rather die broke and happy in having acquired and used the things I want in life than to die rich having not spent anything on what would have brought joy to me.
When it comes to credit, I came from a lower middle income also but my credit was and still is perfect. Idk anything about it but it doesn't seem hard as long as you live within your means and pay it off.
Financed my first new car to bump my credit up as I had no debts older than two years. Build credit up by buying one tank of fuel each month and paying off in full for three years.
buying used parts is weird. I was trying to get a set of wheels for my VW and one ad for a set of Brabus wheels literally said "$1200 or will trade for a firearm of equal value" like idk that seems a bit sketch.
LOL Finster image in the middle was so funny to see.
He's hot idgaf.
let's hope this comment and my reply gets buried.
@@BladedAngel 📸
@@BladedAngel caught you in 4k chief
@@BRUH-ne2zf Aight I'll pin the comment now.
@@BladedAngel i mean its only 2,14% gay
I don't know if you'll ever see this, but I've always wanted to know if your Profile picture was the ISAF logo from Ace Combat 04. Confirm? 🤔
Bladed watches noodle confirmed
nice
Motorcycle content?
The “do you are have stupid” Roblox meme always gets me, it’s hilarious and I don’t know why…
Its true do you have the stupid
Viggetales
Did you know that the F-35 was in Minions Rise of the Gru
@@realherobrine5636 cool
@@realherobrine5636 what F-35 I don’t get it
Thanks to Bladed's videos, I was able to buy my first car. A 2019 Mustang GT with an apr of 3% I'd say it isn't too shabby for someone finally moving up in the world
Gg
Congrats for the car. 3% of interest on the financing - is more or less standard, and given to you by analyzing your creditability. Very simple, just a business.
That's pretty fuckin baller my guy, keep her pretty and never lose that appeeciation.
As someone who got stuck in a 20% interest rate on an emergency daily buy, I definitely envy that APR, especially on a pretty solid whip!
hella nice, how much was it?
@@AK.__ no 3% is crazy good for your first car loan without a cosigner. I have really good credit but had to eat 8% for 10 months until I refinanced.
Basically, You need to learn _how to manage money_ first and then You can do your hobbies next.
Heck, I stopped collecting Gunplas, Figmas, Etc because of My bad spending habit to punish myself. And now I know how important it is to save money to when you _really_ need it like healthcare, groceries, and the like
I can tell these type of videos really speak from the heart and try to stop people from financially ruining their life
Not really. This is entertainment for you and content sharing for poster. If you you really want to learn this topic - speak with people from financial area, or the ones, who financially went down to near bottom, and were able to climb up back.
@@AK.__ it’s good advice which is all it needs to be of course it’s not gonna go over everything but you got Kevin hunter the homework guy for car financial shit
@@AK.__ Oh trust me, I've tried giving actual Financial Advice...it's just that you must adapt your advice to your audience. You know how poorly my videos of me trying to give actual Financial Advice go? Exactly. At the end of the day man, Cars in general are just awful financially and all us car guys know that lol.
So when you take that grain of salt, you have to adjust the advice for the people who still want to "Enjoy their life" as a car enthusiast.
Otherwise my actual financial advice would've been similar to Scotty Kilmer or Dave ramsey which would be, "ENDLESS MONEY PITS!!!" Being a car guy is an endless money pit lmfao. I will become such a bore if I just give true financial advice while also maintaining a connection my mostly Car Enthusiast audience. That would make me become jaded and disconnected with them. I get it, they're young, so am I, we all want to live a little, but there are smarter ways to do so....even if the whole thing itself still is a little stupid. Cause like I said, no matter what, "We're all just endless money pits"
🤣
@@BladedAngel You basically very right here...need to adjust to target audience, otherwise it will be lost. Scotty is very dramatic, his content is good for people who needs the mean of transportation and not a car. Just in general, people have to understand - car is not investment (unless they buy some 'collector's vehicle or do complex restoration project) Your videos are good, keep your work rolling :)😀
My philosophy is; if I can't buy it in full and have some extra, I won't buy it yet. 25% of my pay checks go into a savings account, I pay for my bills and such, then the rest basically goes toward my car. I also never let my main account go under $1000. I have a list of mods I want to do to my car and I buy them as I get the the money, step by step. Although there are definitely times that I wish the process would go faster.
I love how this guy can be good at ranting and good at counselling at the same time
My dad most have the time enough money for the mod but he just hide it with pay in 4😹😹 also he only really use on the engine and suspension so my mom would never notice
it's maintenance my dear, I swear! I don't know how but I just had an exhaust leak so I had to replace it with a way better one cause hey why not? Lol
Please go back to kindergarten
What if your dream car is a cheap car
Which one? :)
@@kibawhitefang7176 Buick road master wagon
lucky
How credit scores work is something that needs to be taught in highschool
Buy a car that doesn't break lol. Just dropped 1800 in my FoST because internal slave cylinder died killing the clutch and flywheel. RIP lol
But bladed, wheres the miata now.
PayPal’s 6 month 0% is awesome too. Obviously, it’s really similar to the pay 4 thing, just with two extra months. I try to only finance stuff when I absolutely need to, but I have used the PayPal program to update my wardrobe on an occasion or two when I didn’t necessarily want to be out $400 for something that needed to be done, but wasn’t pressing. Plus you have the added security that PayPal offers. Also I have been denied for pay in 4 programs before. Not sure what that was about. 🤷🏻♂️
how'd you use paypal for that? what sites did you use? i'm currently updating my wardrobe and also throwing out a TON of old clothes
I actually just used PayPal’s credit program to pay for my suspension overhaul, it really comes in handy
That's good to know, kinda nice to know on the occasion I could pay a part off in 2 months just to keep my liquid savings higher.
Bladed beeing a huge W as allways. As a young car guy i really appreciate your videos they're super helpful!
1:40 a wild F1nn5ter appears
Tip for meeting up locally, if possible choose something like a strip mall or in front of a bank or something, that way there’s always people nearby and if you really want to back out at the last second (could be seen as a dick move by the seller if they’re legit but better safe than sorry) it’s easy to get outta there
I also meet people at police station and if they don’t agree than it usually means they were planning something
@@pedroinacio5084 Yea that works too I've done that for non car part related stuff cuz police crack down on car mods a lot where I used to live lol last thing I need is to get busted right after I buy -god heavenly forbid- an intake filter
@@pedroinacio5084 facts
it's incredibly infuriating to see most people in the us stay on the passing (be it middle or left) lane going just 3-5km/h over after overtaking someone instead of going back to the rightmost lane and let everyone else pass them
JUST MOOOOOVE
the only person i noticed doing this correctly is the white car at 7:23
As a teenager looking to enter the car community, this advice video (as well as other advice videos) in general is really helping. I used to find this financing subject boring, only recently I realized how important financing is if you want to stay as a car enthusiast... so thank you, and others who helped people like me to make a better choice at the start of our journey as a car enthusiast.
What kind of car are you looking into?
Car are easily to go expensive than like PC or smartphone or even motorcycle. Something like this is really a big deal
If you associate yourself / your parents to a middle class, the financing or loans - are your friends forever. Nothing wrong with it, cause simply we do not have large amount of money to pay for expensive item. However planning is really needed - the interest, which will be reasonable, and monthly payment , that you really (not approximately) will be able to pay.
@@calebsiefke7394 Nothing too expensive, just some old Japanese economy cars. They struck a chord in my heart, I practically grew up with them. A lot of them are manual and also very light, two things I really like. But yeah I'm into it mainly because of sentimental value. Yeah, sure it's not fast. But who cares about fast when your car can last practically forever?
@@AK.__ Facts 🙌
Me sitting here at 19 with my own credit at 12% 😬
Edit: it only took me 10 months to build a score up to 730 and after the loan still at 722 somehow 👍🏽
I know several people with score near to 500, owning a house where they live in and few in addition as investment. Plus cars for family members.
The only eBay part i've ever purchased was a vortex generator for my '03 Impreza RS, which HAD A WING FROM THE FACTORY. It actually did make a difference, but again, THE CAR HAS A FACTORY WRX WING, ONE WON'T WORK WITHOUT THE OTHER.
Cool,nice car
Thank you for pointing "tree wrapping"
I'm about 3 weeks away from being able to trade my Versa in for a 2019 Toyobaru 86 and I continue to hear the "nOt EnUFf pUrR" argument from people who have never even driven something like my shitbox Versa as hard as I allegedly have.
205HP in FR format with less than 3k lbs of body weight is more than enough for me, and if I ever get bored, then it's time to start planning the next car.
the not enough power people most likely are people driving shitboxes themselves or are filthy rich tbh, a car does not have to be fast to be fun or cool. Might I remind you what a stock m mk4 supra or r32 makes? Yeah, not really much difference there lmfao
✋ _Turbo Kit_ 🤚
It’s very simple lol
yea dude. the FT86 platform is a fun asf car to have. if you like spirited canyon driving, you will never get tired of it.
My bank said the lowest APR for my motorcycle loan was 22%. And the lowest I got from the dealers bank was 19%. Even with the 60-70% I put down. Granted I was only 20 at the time with absolutely zero credit. I had a pretty low payment. Probably not the smartest thing to do to build credit but🤣oh well, got me from nothing to mid 600s
P.S. Recession boutta fuck up Scat pack bois lives lmao
P.S.S. This “recession” you speak of identifies as an economic boom. The administration literally changed the definition of recession so we gud
This was the best you could do. Not to be locked on 'APR', but the bike. If you were able to pay the payments without fault , obviously overpaying - nothing to do, that's the life. Not everyone was born with JPMorgan credit card.
@@m1a1abrams3 I forgot about that ☠️🤣
10/10 video, loved the part about the boyfriend
How has no one noticed this comment?
Another thing people forget about paying off loans, especially car loans, is pay your monthly payment as early as you can afford every day that you wait to pay it is more interest. Paying your car loan even 10 days early can sometimes put 20 to $30 more on the principle, which is hundreds of dollars saved every year.
Holyshit rc car in thumbnail????
Either an RC car or a Challenger someone got off Wish
@@anynonymous1585 BRUHHH LMAO
About facebook, I agree. I bought camera lens for half the price, It s used but the quality is like a new one 🥰 Absolutely treasure website 👍
Not to mention credit cards offers rewards. I just got a new card and I use it on things I ‘have’ to buy like fuel and insurances and such. I get points back per every dollar spent and this specific card offers a $750 cash back after X amount of dollars spent. But because I’m using it on thing I’d already be buying, it’s like I’m getting a savings. 👌🏽
Free tip for Facebook marketplace and Craigslist users: a lot of police stations now have trading/selling space for safe meetups. If a seller wants you to meet them, ask them where the nearest police station is to them.
Just here to report that the grocery credit growth strategy works. Put your bills on autopay, too.
I usually always use the 6 month no interest from PayPal. I have the money for the parts but I don't want to just spend it all at once.
bladed genuinely thank you for the vids on subjects like this. as a newer car enthusiast these vids really help.thank you for giving some people who have relatively little knowledge on subjects like this. plus hello from Australia
The best advise for any car spending.
Just
Be
Smart
If you make 40 grand a year.
Don’t try and get a car that’s 50+ grand. Unless you are absolutely sure you have the financial backing.
I bought a 2008 Dodge Charger srt8 superbee for cheap but it’s funny we the stereotypical hellcat owner is cocky against everyone even tho he’s stock
I wish I could have found an str8 challenger or like a 2013 gt500 when I was ready to buy.
4:40 "NEVER PUT YOURSELF IN AN UNCOMFORTABLE POSITION" See hes a neet afterall
5.) if you end up buying a lemon, learn to know when it’s time to give up on it.
I’ve dumped so much money into trying to get my R56 Mini (I know, shut up) back to full power.
LESSSS GOO NEW VID
You should make a video about car girls. You make so many about car guys but I didn’t see a single one about us girls after going through all of your videos. If I happened to miss it I’d love to know so I can go watch it😅 I’m still extremely new to cars, I only got really interested a few months ago. I adore your videos about car mods and have gotten a lot of new ideas for my future project car and even some for my current car that hopefully won’t shorten her lifespan too much😅 if you haven’t already, you should make videos about mods for specific things (mods for speed, sound, off roading), I know you cover some of those mods across several videos but it would be nice to see them all in one place.
Me, a 12 year old who doesn’t understand a thing about taxes:
Funny words magic man
Dream first project car to do with a few friends: DF Goblin with the cobalt sc engine
Do you are have stupid
- Bladed angel, 2022
Cool vid too
Pay-in-4 is possibly going to become a very, VERY bad idea in the near future. These "loans" are not currently reported to the credit agencies, but they are looking to change that due to predatory practices. They way they're talking, each P-I-4 will be considered a new opened line of credit, then when it's paid off, it will show as a closed line of credit... and if you know anything about how credit ratings work, this could potentially be disastrous.
It still boils down to the age-old adage... if you can't afford it, don't buy it.
Nice video but as an european I cant understand why yall americans cant drive on the right lane
Right Lane is exit Lane, left is passing lane, I can sit in the middle lane if I just want to go long distance (was going 565miles this video, well I only show half of it, other half was a few vids back). As long as I don't sit in the left, you're fine in America. Why would we sit in the far right if it's filled with trucks that will chip up my paint? and have cars merge into me from on ramps and people brake check me going off exit ramps?
Middle Lane "hogging" isn't a problem in the US since our highways are designed differently. Also we're wayyyyyyyyy more spread out than EU is...need I have to link a map showing the US size compared to any Country in EU? Look at how empty the roads I'm driving on. No one is going to miss the middle lane....
@@BladedAngel good point but still super weird to me, I feel like if in spain they would make a 6 lane highway everyone would still drive on the right cuz we are programed like that xddd
@@BladedAngel In my experience European highways only have two lanes in each direction, so there's only the driving lane (right) and passing lane (left)
@@sampuhhupmas5666 Depends on where you are in the u.s, some highways only have 2 lanes and some have 5 or 6.
Pay in 4 is a ingenious strat.
You gotta slow down man. You were driving at over 200 mph for this whole vid
I always buy outright or pay off my car before I do any mods, and most my mods I pay for outright every tax season.
2:20 I agree, an unmarried COBB ap used is a WAY better deal then a new one
Bladed out here saving lives with his financial accountability vids!
Appreciate it brother!
Thank you, this is useful. I might go back to this video when I own a car.
Im glad this channel is starting to have useful and informative information instead of just rants.
The Ford Freaking GT
Ford GT 2006/2017/ GT40
Please
Bought a car that more powerful than you can handle? Don't drive beyond your ability.
I’d love to have a hellcat, but I know I’m not capable of getting one right now. I want to better know how I can keep myself safe and not break the bank. I think I’ll become a pharmacist, but time will tell, I really hope they don’t inflate like hell like the original challengers and chargers from the late 60s, but I think the last edition, which is going to have allegedly 900hp and of course I’m going to want it and of course that’s the one that’s going to appreciate the most, like the demon lol, but I’ll be content with a manual hellcat challenger, if there’s still reasonably priced in 10-15 years time
That C7 body kit HURT😂😂 Hopefully they had a new set of wheels being shipped in lol
When I got my first credit card, I started paying it off immediately, and I had 750 credit score at 19, and my parents didn’t pay it off for me. Just because a young person has good credit does not mean mommy and daddy paid it off for you.
Love your vids man
I was dying at the hell cat owners bit with 29% apr rate bit
Thumbnail is a rc car nice
3:36 maybe it's the angle but ngl i kinda like the look of the fake mods better 😅
But what if I can afford the car mod but I don’t want to make the full payment and use affirm ? Opinions from other people would help. I’m new to buying mods for my own vehicle (ram 1500’2020)
•Wouldn’t it help build your credit too ?
They don't check your credit, so it doesn't affect your credit good or bad, I've used affirm for a couple years now for various things, even if I can easily afford what I'm getting it's just cool not paying it all at once sometimes lol
@@dekotabullins9801 Thanks bro. We are on the same page 😂
I have been watching this channel on and off for a few years. About 4 years ago I started working to build my credit, and I found BladedAngel along the way. I followed a lot of the financial advice you gave and a lot from financial channels and I'm on my way to having a great score and I've now bought my dream car (Elantra N). It takes time planning and effort, but you can get there if you are patient and make the right decisions. So thank you Bladed. And to those seeking their dream car, I encourage you to continue to figure out what YOU really like while you build your finances. The Elantra N is not what I would have bought 4-3 years ago, but I drove other cars in that time and really pinned down what it was about cars that made ME happy. Happy hunting friends.
Thats why you are supposed to have good credit and use affirm to buy tire and shocks etc. at a 0% apr. Anyone buying stuff at 15% is crazy and I don't use affirm unless I can do 0% and qualify for a few thousands.
Tons of great info here and can absolutely confirm that credit cards is the better way to increase your score. Another tip, let about 2% of your total available credit limit (across all cards) post to your monthly statement before paying it off. Make sure to do this on your card with the highest limit so it doesn't hurt your cards available credit limit percentage. This helps show responsible usage habits but the key is "usage". If your balances always show as 0 every month, it's the same as not using the card so it doesn't help as much. Car loans are very important though if your goal is to ultimately have a dream car. You can't expect to be approved for a 180k car loan when all you've had is a 10k car loan. You have to build up to it by getting a larger and larger car loan each time. This helps show the banks that you can handle it and increases your chances of getting approved.
What I do with payments for something I want is tie that thing to an activity that I should be doing to hit a goal so that way it be employed as a reward.
For example, if you're looking for a job then your goal might be to apply for 3 jobs a day. Each time you hand out an application, put a dollar in a fund for something you want. When you get a job then you can spend the money. I'm 125 days in (Yes, I journal it) to a goal and I've delayed buying some items I want that cost a few hundred dollars because I want to tie that item to a reward; it trains my brain for delayed gratification and the resultant increase in confidence and character that comes with it.
My problem is every time I ask my wife "hey can I get (insert mod here) for the car," the answer is usually yes....
I’m not bad with money, I can manage my money somewhat decently. I haven’t been doing good lately but that’s because I’ve been sinking a lot into my car. I use pay in 4 ALL THE TIME!! I don’t like using affirm but I do occasionally if pay in 4 isn’t an option.
Watching on mobile, and I get a ad for Kia...
At the start of the video. GG TH-cam
I work from 8-4.
Get paid weekly. Only about 300-350.
I have worked there for 6 months.
I have 1400 dollars. Bought a few things.
And I think I make 6k a year.
It's tough...
But manageable.
I've been having a credit card for like 2 years and I have about a 730 credit score, would it be smart to put like an 8k down payment and get a loan like 10k to build my credit variety? Lookin to buy like a newish camry or civic or accord. It would be my first car, and i'm looking to have a 24 month max loan
Here’s some credit advice:
Get a credit card. Spend to 9%. do not go over. And try not to go under but it’s still better than over. Keep it around there and pay it off when asked I usually do double the payment. Then get a second card. Do the same with it. I started at a $200 credit limit. With around 500 ish score from being new. Now I have a $9600 limit with a 780 credit score that is still rising each month or so.
And for the love of god do not max out a credit card. You will screw your score to (and I’ve seen friends and family do this) to 200-300. You will only get high interest loans and building credit will be hard because your credit card will not be able to be used. You won’t get approved for another and the fee’s will power slam you into a wall. And it’s difficult to get out of. Just be smart and don’t spend what you can’t pay back.
I am currently using about $900 which is about 9%. I have the money in the bank to pay it off immediately if needed. Safety nets are of highest importance. If I messed up my score at the start I wouldn’t be anywhere near 780 score at my age. Please be smart and don’t spend money you don’t have. Because I am paying for my Toyota Corolla with 0% interest. While someone with a bad score buying the same car in the same place would get 10-20%. It’s amazing how it works.
Who the fuck would take 29% apr on a car loan? I always get loans to get cars. I get 5-7% and my credit isn't crazy good(690-710).
Also, I've never heard of anyone tanking 50-100+ points for anything other then students loans. Even then it's usually at most 100 points. You usually need something more to get a drop that big. Like a write off or super late payment. I just bought my first house and my credit only dropped 11 points.
I don’t ask my girl permission I just get tf shit. I make the money but what’s my money is hers too. I work all day but she does a great job taking care of the house and kids and she left her job when she got pregnant and she said she loves being a stay at home mom. So by her doing her part and me doing my part we both make the money if you see what I’m saying. So I just give her her amount of the money but when don’t spend over the budget. But I let her know when I’m paying for something like that just bc we both need to know where we stand financially. And if something is over our budget we have a talk about it to see if we’re able to pay me (me by the item or her by the item) if we can’t then I let her tap into my budget or she lets me tap into hers. For example say she has a weekly budget of $100 and I have the same. If what I want is $150 we talk and if she’s okay with it or is able to she will let me tap into her budge. This my budget is empty and she’s down $50 out of a $100. Or another option we do is just put the money to the side so if the item I want is $150, i put to the side $25 out of my weekly budge. So weekly budge being $100, 100-25=75. So I still have $75 remaining for the week. Do that every week until the $25 I take out reaches $150 then I buy the item. And she would do the same. However whatever option we decide (unless it’s only coming out of our personal budget) we let the other know just so both of us knows the money flow so we both know where we stand financially. However even if the item is only taking out of our personal budget we log it down in the notes app on our desk top so that way I have a log of everywhere the money goes just so there’s no misunderstandings. We both can look.
The thing about being a 1 income household if we treat it as our money and not my money and treat her fairly with the money and whatever restrictions you give her you abide by yourself (hold either to the same standard) then it’ll work. But whoever the bread winner of the house is gets and ego about things. That’s why so many marriages fail bc of money
Never took a student loan or went to school. Now in blue collar making 32/hr building a widebody genesis coupe. Not the most expensive car but have 2.9% paying 156/m for it. Built credit with my card and took a 2k loan out just to build it. Then 2 years later got my car for low interest. I agree alot of people don’t know what credit really is, i had no co-signers and worked my way up and got a cheaper sports car that’s got custom size Work wheels. And im not ever short on money. All about patience and building credit and cars at a steady pace. No sense pushing it all at once for “clout”
Holy sh*t, I normally don't even advise financing a Car for more than 3 years, paying in full is always the best of course.. This isn't some rich guy advise mind you, I drive a 2019 Honda Civic for chrissake, I chose the '19 Civic because it was the best brand new car at that time that I could afford to pay in full.. But to hear that there are actually people financing mods is just another level of irresponsible lol..
i fucking stumbled my way into 990 credit rating ;D. When i was a dumb kid, i took out paypal credit, then just kept using it to buy games and slowly pay it off. by the time i was 20, i got financed a 2019 clio(in 2020), with a 10k/y part time job at 3% apr ;D.
When i got my credit card at 19, my first score was 720. Why? i bought gas with it. Literally thats it. If you have the opportunity to use it, use it for gas. back in 2020 it cost me 150 a month in card payments. after 3 years its still the same.
Hey Bladed,My dream car is an E46 M3 and a 2014 Shelby GT350 (the one from NFS movie) but they aren't available here in India but i want them so bad. Should I import one from UK and pay 100% import duty?
Ive done a lot of the bad habits here. Not the like really stupid ones but yeah. But my dream car was a 03-06 z71 tahoe which is what i drive amd its awesome and slow but takes me anywhere with my intellectually acquired wheel and tire setup, 35s on 18s(i traded an ar10). If i have an itch to go fast i take my kawasaki z or my 72 c10 my parents bought me as first car.
Advises are good. The content is for 5 minutes of speech and not 11. But mostly disturbing - assumingly that video shows real poster's drive (and not some game screenplay) - do you really try to teach someone, describing valid points, and obviously over speeding?? Do you rush to hospital or some other emergency?
Well I did learn something… people are stupid, who would ever look at a $2000 mod, then down into their wallet, see a fly and $238,62 and then go, “yeah I can afford that”, heck you can’t even afford to drive the car with that kind of money.
What is up with US interest rates? Most of that is illegal in the EU. In Germany everything over 12% is illegal. In Switzerland I'm paying 1.6% (with 23)
Some of those 0% offers from PayPal also get reported.
And I do believe they do care a little on the loans greater than 700 ish. I say this because i noticed on one of the credit score sites (expedian) mentioned it, But I have no idea because credit scores are were developed by some coked up business guys in the 80s. But yes, get a credit card buy groceries and gas etc it will work out. My credit is high 700 low 800 just from doing that stuff for awhile.
Ok after using pay in 4 twice I can assure everyone here this actually works and its not bcs I got a bad spending habit or a low budget this will save u alot of money and you get the enjoyment of your item and you still have something saved for emergencies.
Ay that pink corvette picture almost 3 minutes in was taken a few years back in the parking lot of my hometown. The old capitol bowl, old JC Penney, and the movie theater. Old 5/3 bank in the background
My dream car has 224 hp and it weighs close to 6000 lbs with me on board + full tank.
It's a 2009 Mercedes-Benz GL 320 CDI
i'm pretty sure in europe you HAVE to show what's the annual interest rate (95% of interest rates land in between 0% and 10%) and usually most people go for the lowest (often 0%) interest rate
and even 10% is considered by some as a scam
The problem with buying used parts is having to deal with the weirdos on marketplace where u basically have to pull teeth to get any information
i came to this country alone 3 years ago, nobody helped me with my bills. my first credit score was for 740. sometimes i think that you exaggerate things, man. i love your content but, sometimes you gotta stop lying.
If you’re not buying local and you don’t feel comfortable meeting, just tell them you actually live further than you really do and put your home city as the halfway point and bring a friend. Okay that’s actually an asshole move just bring a friend and agree to meet them halfway.
Just waste your time waiting so that you might be able to get what would be useful to you or make you happy. Yea because we all have as much time as we want and need in life. I agree with your point on financing a car and not being fucked by the bank, but If I have 2k in the bank and my cart of car parts is 4k and I can make 4 payments on it while I earn the money for them I’m gonna get the parts now so I can have and use the as much as possible. I’d rather die broke and happy in having acquired and used the things I want in life than to die rich having not spent anything on what would have brought joy to me.
Quick tip for anyone financing, check out some of your local banks/credit unions that are smaller. Usually you get a WAY better rate!
When it comes to credit, I came from a lower middle income also but my credit was and still is perfect. Idk anything about it but it doesn't seem hard as long as you live within your means and pay it off.
yeah that APR thing is stupid. i refinanced from 16% to 10% and soon, i'll refinance again after another 6 months and hopefully get closer to 5%
Financed my first new car to bump my credit up as I had no debts older than two years.
Build credit up by buying one tank of fuel each month and paying off in full for three years.
Banana
buying used parts is weird. I was trying to get a set of wheels for my VW and one ad for a set of Brabus wheels literally said "$1200 or will trade for a firearm of equal value" like idk that seems a bit sketch.
I got a car in October of 2022 and my interest rate was only 6.89% with no money down and no previous credit😛