It’s tax season. That means car dealers are about to sell some cars to morons getting huge IRS payments.
A 538 FICO score, trying to get himself a Mercedes with what I presume is his IRS check. The finance guy says $8k down is the minimum to get approved for 19.99% interest and $700 payment for 4 years.
Thing is, there is a roughly 40% chance of a default within the next 3 years with that FICO score. The interest rate has to reflect that.
16 Comments
Rick T · March 16, 2026 at 3:50 pm
The saddest part is he won’t turn to her and say “Woman, we can’t afford this car, choose something sensible”…
Slow Joe Crow · March 16, 2026 at 3:50 pm
WTF? that’s a lot of money for a 9 year old C class or ML that’s probably got a future of expensive repairs and an insane payment. The last $25,000 car loan I had was 6% and a $300 payment on a 3 year old Mazda that was stone reliable. This is why he is poor and going to stay poor. Now I’m not going to go all Dave Ramsey and say buy a cheap beater, because that has its own costs but a modest car is cheaper to buy, cheaper to run and easier to pay off
Shark · March 18, 2026 at 10:08 pm
You’ve analyzed it precisely correctly. It’s sad that people like this have NO economic understanding, only their (but more precisely HER) wants. This is a ghetto or white trash money mentality that results in an endless downward spiral. So sad.
Dirty Dingus McGee · March 16, 2026 at 4:02 pm
Maff is hard.
Joe Blow · March 16, 2026 at 4:15 pm
3 years? That nigger’s gonna default in 3 weeks after he gets shaniqua to ‘go for a ride in my benz’.
Honk Honk · March 16, 2026 at 4:29 pm
Buying things you don’t need with money you don’t have to impress people you can’t stand as Carlin said.
Everything is Potemkin in the Satanic Epstein abomination.
Winterborn71 · March 16, 2026 at 5:45 pm
These customers have perfect credit: They don’t pay anyone. Worked in the car business for about 1.5 years, many ages ago. Some guys I knew worked at a “buy here/pay here” with those kind of numbers. He said “they gotta drive, and the heads come off on the interest.” Lot of repossessions of cars etc.
That 19.99% rate is probably state law as max. Colorado State max was that 19.99% Usually is or depending on state, even higher.
Guessing a trade in, in the mix with the 85k for the cash up front to pay what they are under water on that in order to hit that number. 24000, 48months at 19.99% is 730.20 a month. Ye dawgs that’s painful
hh475 · March 16, 2026 at 7:56 pm
Debt is a cancer.
One of the most important things I realized with I was younger was the fact of diminishing returns in buying stuff. The difference in your life between having no car at all and a $4000 junker is stunning. It means you can go places, you can drive to work, etc. The difference in your life between having a junker and a nicer used car is important. It’s good to be able to drive around without worrying about parts falling out. It’s great to have room for more people or stuff, and to be able to go on long trips without fear of a breakdown. The difference between a nicer used car and a good new car is significant, but not huge. The difference between that good new car and the fancy luxury car is pure ego — it has no real impact on your real quality of life. There’s nothing wrong with that kind of indulgence. It’s just that it *is* an indulgence and as such doesn’t really improve your life all that much, except in terms of self-esteem, etc.
Going into crippling debt to make a move that really won’t change your life that much is a mistake.
In some situations, these things are tools. I know a guy who got a job at a company where one of the requirements for employment was that he drive around in this three hundred grand car the company provided. The reason was that his clients expected it, and it was a marker of his social class and company success. The clients wouldn’t deal with a guy who drove a Chevy. But most of us aren’t like that.
It's just Boris · March 16, 2026 at 7:59 pm
Low impulse control and poor math skills is a bad combination.
Anonymous · March 16, 2026 at 8:32 pm
Fast forward twenty five years, these two idiots will be complaining that it is not fair they can’t afford to retire. They will want to tax the “rich, privileged” person who had the same salary but lived within their means and now has million in the bank.
Wild, wild west · March 16, 2026 at 9:13 pm
On the one hand, this is the kinda thing should be hammered into young skulls full of mush in high skool. Perhaps beginning earlier, and repeated often.
But on the other hand, are five middle fingers pointed at this guy by our eddymucationul system that sez DEI and 47 genders are more important, and this assuming he has enough smarts to assimilate anything beyond that woke nonsense in the first place. I won’t presume to be judgmental about that.
Skeptic · March 17, 2026 at 7:40 am
Listen to the accents. These are imported nigs, not native nigs, which means a few less IQ points than the already low American nigs have. My guess is that every dime “paying” is taxpayer money.
WDS · March 17, 2026 at 8:17 am
Before I retired, I worked at a company in an industrial park and across the street was a repo yard. March & April were kinda slow over there but come June? BAM! Snatch trucks & rollbacks going in and out of the yard like ants at a picnic. The peeps would show up afterward and were allowed to get their personal belongings out of the repo although many times a deputy’s patrol car was there on “standby”. One irate lady even barged into our office screaming about “why we repo her car?” I let her go on for a few minutes before sending her across da skreet.
godhelpus · March 17, 2026 at 11:06 am
This is a snapshot of millions and millions and millions of people in the U.S. I would say citizens, but in our current state of insanity I’m not really sure U.S. citizenship is a thing anymore.
Steady Steve · March 17, 2026 at 1:33 pm
I once worked with captain that had this type mindset. He was always scrambling for a higher paying job, working his ass off to have a luxury car and a big house he rarely lived in. Instead of living aboard the yacht for free and saving/investing that big salary it was spend, spend, spend. Now he is stuck in a job he doesn’t really like, trying to sell a house he will probably lose money on in a down market. This guy was an object lesson to me.
Don Curton · March 19, 2026 at 7:24 am
Imagine being the lowest seniority salesman at the lot and having to deal with those customers almost exclusively because none of the older guys want that bullshit. You can hear it in his voice, he knows just how stupid they are, he knows their credit score is shit, he knows they ain’t got the money, but he’s got to waste his time with them anyway. All the old guys are standing in a huddle 5 ft outside the front door, chain-smoking cigs, completely ignoring the ghetto trash. Let the new guy take them, we’ll wait for customers with money.
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