Do you know someone who had a vehicle repossessed?

I'll be driving my paid off Jeep until the wheels falls off. Then I'll pick the wheels back up and put them right back on.

People can't afford cars because every car is sold as a luxury car and priced as one. Why is a Honda Civic with no features selling for $28k after taxes?   Half the car is plastic.

These new smart cars will probably just lock you out then drive themselves to the repo 🙃

Never EVER co-sign for any one.

The search term 'give car back' is very revealing of the IQ of the people purchasing these vehicles

The cars aren’t even lasting as long as the loan.

Stay in shape, be debt free and live a modest life.

Buying cars you can't afford, to impress people you don't know.

Just 2 days ago I was driving past my old landlord’s house and witnessed her car being repossessed 😭 after all of the hell she put me through it was healing to see revenge being served

2 years ago, Chase (my bank) pre-approved me for $50,000 car loan with a 27.5% interest rate.  I OBVIOUSLY waited a few years, but the fact that even the most credible institutions would offer such predatory rates should be a significant red flag.

Just remember that if they weren’t making their car payment, they probably weren’t keeping up with maintenance on the vehicle. Might only have 20,000 miles but the hood may have never been popped during that time

As someone who hasn't had a car payment since 2017 this is like a window into another world.

I leased for 9 years, the last car I had was a 2021 Kia Sportage and I was paying $800 a month. I had credit card debt that I couldn't pay off, so when I got a good paying job working from home I decided to not lease another car and to use the money to pay off my debt. I live in small town with a grocery store, hardware store, Rite Aid, café and other restaurants across the street from me, and my gym is two blocks away. Everything else is within walking distance so I decided that I can do without a vehicle. Everyone around me (friends and coworkers and family) thought I was insane and asked if I was embarrassed, as if i was commiting social suicide. Take your ego out of the equation.  I was able to pay off my debt and save a bunch of money. Now they're complaining about their stress. I'm glad I made this decision.

7:45 best advice right here. Communicate with your bank. I had a medical emergency come up in spring and it hurt me financially a bit as well. I wasn't going to be able to make my vehicle payment so I called my bank and told them my situation and they gave me a 3 month break from payments while I get back on track financially. It literally saved me!

Advertising fraud should apply to social media.

Everyday I drive I tell my wife "how are people affording these massive trucks who statistically make 1/2 of what we do?". Oh, yeah they can't. Never regret my Honda civic

As an old, I miss the days when you could go to a lot with a few thousand dollars and own a decent newish car that would last 10 years. All this financial ignorance is awful.

Those $1200 down 10k price posts for new cars are scams.  They ask for a deposit to hold the car and then you get ghosted

I looked at buying a used Chevy Astro van and was surprised that vans with 150,000 to 260,00 mileage are selling for $16,000. to $30,000. What the...