I’ve heard a few:

Nothing will ever top Mitsubishi with their “Triple Zero” fiasco. Zero down, zero interest and zero payments for a year back in the day. Sooooooo many repos.

I have a buddy that did just that, he was very much a keeping up with the Joneses type. He went out and bought a new V6 Ram 1500 for around $30k, had it for about 5 months and visited his cousin who had just bought a Ram 1500 with a Hemi. A month later he rolls up to work in a Ram 1500 with a Hemi that he paid $50k…

Back in the early 90s, I worked for the family buy-here pay-here (BHPH) lot. We financed everyone at “17% simple interest” which worked out to just under 32% APR. We timed payments to paychecks, so if they got paid weekly, we got paid weekly, etc. It usually worked well, but we frequently had to let a payment slide…

My first (new) car was fresh out of grad school in 2000, a 2000 Celica GT-S. Had always wanted an Intergra GSR but the brand new Celica was way better (I actually almost bought an Integra Type R but they only had yellow. If only...). Anyway, I’m not sure I realized “negotiating” was a thing back then. I paid what…

a Thousand dollar plus payment on a 2020 Kia Telluride at EIGHTY FOUR MONTHS

I worked in a bankruptcy company in 2016 had a guy with a 1 year old Sentra that he owed 44000$ on due to rolling 4 loans together in 1 year 29.99% interest weekly payments with a box in the car that he had to put a code in every week so that it worked. We sent that thing back to the lender and got a 2500$ car that he…

The Dodge Neon came out for MY 1995 with much fanfare. Most “kids” in our 20s back then wanted one. I wanted one because I was a Mopar fan and it was also a great entry into SCCA Solo II. However, the fact that they were so popular made the dealers think they could screw every unsuspecting kid that walked in with…

It was always interesting to show payments to a customer who was rolling negative for a 3rd or 4th time in a row and having to explain to them that they are still technically paying off the difference from 3 trade-ins ago.

I sell cars for a living. Were not hooked up with any of the bottom feeder lenders, but sometimes the payoffs people have on thier vehicles make my head hurt. A few examples: A 750 dollar a month payment on a Ford Ecosport, A 2011 chevy cruze with over 200,000 miles with about 9,000 still owed, and the most recent…

As a veteran I’ve seen tons of bad loans. A guy in my battalion bought a 1990 Mustang GT convertible for $13,000 at 29.95% with $500 down. This was the year 2000, when a 5.0 Foxbody vert was at best a $7,000 car. It broke on him three months into owning it. Buy here pay here used car dealerships outside military bases…

The “Buy Here Pay Her” places are always good for a laugh.

I had a friend (well, acquaintance, I didn’t really like her all that much) that had a 2004 Celica. Mid model, not a GT-S. She was paying $700 a month on it because she had 3 rolled over negative equity loans into it. On top of that, interest was something like 8.5% on 5 years. She ended up paying almost $32,000 for…

The pricing feels way off for an Audi. This needs to be at least $20k less than a Taycan, it’s just so similar. The Taycan is also a much more cohesive design, and if you pair it with a pano roof and the Limestone interior, it’s a lot less claustrophobic too.

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Audi Exec 1: Do we want this car—that needs very little actual grille, by the way—to have a large fake grille or a comically oversized fake grille?

I fail to understand the pricing of this machine, it’s within what? 5% of the price of the Taycan in all trims? I’m not saying it isn’t worth the money, but we know that they’re badge engineers and the Taycan is the higher badge and (imo) the better looking one. Audi can’t offer a RWD car because Quattro but I’d have…

Just checked my car’s trunk space: 21.8 cubic feet.

1st Gear: Well that’s what VW says they want. But Tesla is a fast-moving target. It won’t be easy for them to catch up, let alone overtake them. And buying a rental car company won’t change that.

VW likes to give themselves bold targets. I remember the last one where they aimed to not only be the largest automaker by vehicle volume per year on the globe, but to also take their U.S. sales from its approximate 400,000-500,000 per year goal to 800,000.