Man don't worry about what people say about a sticker my boy - do your thing and represent who you are - Black, Cuban, Mexican (whatever) - we are all in the same boat
a friend of mine keeps telling me the same thing, that a car is a bad investment. i'm dyin for a 2021 challenger scat pack (no sunroof, i don't like sunroofs either). he keeps saying a house is a better investment. perhaps you and my friend are right. why pay $1,000 for 96 months when in this trash economy with no job security you can try paying 2,500-3,500 a month for (for a GOOD house in a GOOD neighborhood) for THIRTY YEARS CONSECUTIVELY. yea, good luck with THAT. my cousin and sister both tried and failed MISERABLY in real estate. at LEAST this guy can build his credit up a bit with more manageable 1,000 payments and if he gets in over his head he can sell the car or trade it in. MUCH easier to find a buyer for a hellcat than a dam house. who the HELL is ready to commit 30yrs to a bank. and not if but WHEN it falls apart there goes your credit score. unless you have GOOD job i would NOT recommend buying/investing in a house. like i said my sis and cuz both failed miserably. neither one had good jobs.
Pretty much on point, u can always flips high end cars & get most all & more back now in this market. I chose to get a used Hellcat wit 7k miles, than getting a new one. A scat wit a $1000 payment not worth it, it basically has same hp as my camaro SS
@@livinglife3230 dam, 7k miles!? that's goooooood, i'd get a beater to preserve that hellcat. don't make it your daily! i hope you don't i mean *i* wouldn't
@@fallback8314 my blue SS is more less my daily BUT I won’t go 2/3 days w/o drivin da Cat. I luv da new c8 Vette & if trade my camaro, the Cat will be my daily.
@@fallback8314asier to find a buyer for a hellcat than a house?! Lmao 😂😂😂😂 that house can go up so much in value within the next 5 years and you can make a lot of money selling it. Also, you can rent it out and have someone pay it off for you while you still make a profit every month. Your really comparing a car to a property? Smh
@@matthewruss-ip4uk Because he doesn't want a $1200 car payment? The US Median income is like 31k a year. The average household income being 60k. After tax/medical you're looking at around 40k bring home. If you're in that bracket and buy a $109,000 car you're irresponsible. The top 10% earners make 170k a year. A 110k dodge is a pretty irresponsible investment even in the top 10% and likely nobody in that bracket is buying a dodge. Hellcats are for poor rich people and youtubers looking for that audience.
If you’re financially set, and can afford it. Then go for it. Just drive safe and try not to show off so you don’t become a hazard to yourself and society 🙏🏽
@@kenjiniru1 naw bro that’s still bad as hell lol. Thats agreeing to pay well over 100k for a hellcat. More power to him though I guess if u want something that bad u pay it.
@@tonye2920 the way hes doing things( which is dumb) is when he trades in a car early is adding what he owes on the pervious car to the new one which is why he extended out to 96 months and still has that ridiculous payment. When he tries to get another car in 2-3 years hes going to find out hes stuck. If you want a new car that often you should lease. That car salesman is not your friend if he didnt explain that to you. Your going to be paying 1300 a month for a base corolla lol
Temporary happiness? Once you have a dream vehicle I don’t think there’s temporary happiness I have a Camry soon buy a charger and my Camry has some simple mods to it and when I come home off the road that little car makes me smile you know why because I own it
@@Markbabb Just trying to stop people from themselves. This guy in the video destroyed his future selfs wealth 10 fold. It's on a public forum and open to scrutiny consequently. You either have the money or you pretending.
@@CaBdosdos you can’t tell people what to do with they own money dude lol the world don’t revolve around you it’s they money they could spend it as they please stop pocket watching
96 terms have been around for over 10 years now most don’t do it cause the difference in lower payment vrs the extra interest isn’t worth it….any loan more than 60 months is dumb….yeah a 670 payment on 60 months is 580 on 72 but your interest is 1200-1400 more for that extra 12 months dumb..just pay the 90 more and be done 12 mts sooner…..this is what people don’t understand or look at when signing all they care about is payment
@Q60 Jay just e85 and down pipes, that's all? Forgetting the tuning and fuel system upgrades (injectors/pump ect). All to run even with a stock cat. Hope you don't run into a modded e85 hellcat.
96 months is absolutely insane. most id do is probably 60 months, and even at that id have a hefty downpayment. these people just dont have patience man, but i mean if its ultimately a investment on his end for content etc, i mean it could pay off, its ultimately up to him tho.
Damn, a C6 LS3 with a solid cam, tune and bolt ons would walk tf out of a Hellcat. And total price with the cams and everything would be around 30 to 35k. No payments, no interest, and better gas mileage. Plus you can take the top off, and the LS3 loves power.
Not sure why someone would make payments on a sports car. My thought is if you're gonna buy yourself a toy--buy it outright. It's not yours unless there's no balance. To each his own.
Bro. After 8 years, your paying close to $170K. Your vehicle is going to depreciate rapidly. Your going to pay high maintenance costs. Expect that 170K after financing to be around 225K. Damn bruh.
Most hellcat owners I noticed live with parents and don't have a Mortgage. I wish these things came out when I was living rent free. Half your monthly income going on car payment, insurance, gas. How is that a smart. Assets ] Liabilities
Just to break it down, say you find a new hellcat for $83,000. now hypothetically, lets say youll have someone cosigning with good credit / history already to get a decent interest rate; so we will stick with 8%. now, say youre planning on keeping the car for a long while, so you go for the 60 month term. lets say you put down $40,000. Leaves your payments at $868/mo estimate, and thats without gas, insurance, maintence. add gas, insurance, maintence, & taxes, thatll leave you paying $2,000 a month (obviously certain things will change based on your driving history, age etc. & THIS WAS WITH ME BEING GENEROUS ON INSURANCE COST.) thats $24,000 annually, and for that to be 15% of your income, you should be bringing home about $160,000 a year, and thats if you have no kids, etc. point being, focus on building your wealth; such as learning more skills, investing that $ into businesses, or into yourself, and then once you know you can 100% afford it, then grab it, dont be like these fools going into debt, spending there last on a car. Not to mention 70% of the people with these cars arent even making low 6 figures, so its astonishing.
Bro typically wouldn’t advise buying expensive cars bcuz they lose value soon as you drive off the lot butttt the Hellcat is a good investment if you purchased with good credit and interest rate.
As a hellcat owner we know 1700 is on the light end for a brand new cat..most dudes paying extra cause they got that markup and cause they eating up gas and paying higher insurance premiums lol
$1100 x 96months = 105k 💀. I didn’t even include gas and Insurance. I’m not knocking your joy. I’m glad you’re enjoying it. But you’ve made me realize for that amount of money, I can get something a tad bit slower and much more luxurious. They are beautiful vehicles tho.
The cost of ownership is extremely high. I'm seeing a lot of people say "if you make over 100k like me go for it" - to this I call BS. Between me and my wife our household income is over 200k, but there's more to it than some acceptable number. There's mortgage, other vehicle payments, property taxes, insurance for everything, maintenance for everything, joint and split retirement & savings (we double up on everything just in case), market investments (which are down and dropping), tuition for the baby, vacation and mini vacation fund, and more...I'd tell the salesperson "sorry, can't afford it". Edit: Nice car though, bro! 🤙
Wow so your gonna pay $105.000 for a car thats worth 85K. Nice man on feeding the banks all that interest. But hey you got that beautiful hellcat. We just got a 22 challenger scatpack black with red interior. Love it and it's definitely fast enough for me.
I financed my 21’ redeye at 18 y/o, finally payed off 1 year later but my insurance is still really high at $650, my advice dont get an expensive car if i could go back i would invest my money instead
This dude took sucker terms on the car, pays too much and got robbed blind by the finance guy at the dealership. Typical Hellcat owner, you guys all live the stereotype.
If anyone is ever in the market, used Hellcats can be affordable, just be aware that you’re buying a high performance car which means maintenance will be expensive at times. I purchased a 2017 Hellcat with 7k miles, clean title no issues whatsoever. I purchased it back in 2020 for 52k and it had all the premium options, such as the peanut butter int, upgraded sound system etc…just be patient and you’ll find what you want.
Not to scare you but some math: $84,000 6% 96 months $20k in interest if you keep it If you sell it early, you could be in negative equity depending on the market given the low principal
96 x 1100 = 105,600.. I don't know where your math came from, but it doesn't matter what the window sticker says. If you kept that car for the 96 months (8 years) with an $1100 note, you're paying more than ~80,000.
If you have a stable career, make over $100k, and won’t leave yourself or family in an upside situation financially, go for it! To each is own.. I just got a 2023 Jailbreaker. Good video; it brought a financial perspective!
You’re sacrificing so much just for a car. That $1,800 a month can be used for so much fun unless you find breaking laws fun and risking cops on your ass.
woah the monthly is insanely high, and I think many states do not even allow more than 72 or 84 month terms. I have a 2022 GMC and my monthly payment is 10% of my take home income. My spouse would kill me if I were to spend that much in payment and gas. You won't keep it that long but the reason why you did not pay any markup may be bc just with financing you potentially throw them an extra 20k on their lap. I considered getting a hellcat (but only had $$ for a Daytona back in 2017, again no more than 10% of my take home income per month) and if I do next year, I'll probably never drive it. Leave it in a garage and just visit it once in a while to rev it haha
Dude, I respect your choice but I've been a used car dealer for 17 years and you lost $25k in value on that car the moment you drove it off the lot with 1 mile on it and in two years you will not have even paid off but about 15% of that loan and the value of that car will probably be $35k (if that). I hope you bought Gap insurance because you are NEVER gonna sell it or trade it in. Just to put that in perspective, I bought a used Rolls Royce Ghost for just a bit less than you paid for that Hellcat and I rent it out about 8 times a month every month for $800 a day for the past 2 years and I drive it in my spare time....Do the math on that. Once again, I respect your choice but you should have purchased a low mileage used Hellcat and let someone else take that depreciation hit. Those cars lose too much value at the end of the day and just isn't a good investment. With the profit I made off my Rolls Royce Ghost rentals, I used it to fully purchase a used Maybach that I also rent out for $800 a day. Let's make better financial choices young people for your future!!
Scarface is actually Italian even in the original Scarface movie neither one of them are Cuban he's playing a Cuban individual but his ethnicity is Italian
I think they are good investments if you plan on buying it and garaging it for 20 years, then seeing what the market is like. The sad truth is that people buy them and abuse the shit out of them, not realizing that they are literally sitting in a retirement account lol.
@@bxi1547 an investment IS the point. I’m pretty sure you’ve seen CZcams videos of how much a 30 year old iconic muscle car that has little to no mileage is worth. ESPECIALLY since the country is unfortunately going electric. But if you want to buy one to drive that’s fine. I’m just speaking from an investment standpoint.
I bought my hellcat charger at 21yrs old for 75000 after tax put down 30 been 2,300 a month (2 of my weekly checks) and now only owe 20,000 should be done by the summer time 2023. I live at home rent free and saved up for my car I work hard for it so it's worth it yolo
Nice car, but too expensive and not a wise investment. However, I bought a Mazda CX5, paid it off in 2 years, very good decent car but I don’t feel happy driving it. I’d like a more premium luxury car. Do whatever makes you happy.
Definitely a long term investment for the garage/weekends only with Dodge moving to EV’s. Would not be a daily, would have a beater as my daily driver. It’s also one of the most stolen cars in America.
Despite some negative comments. Great car. U only live once enjoy every bit of that car. The fun of driving those cars is worth every cent you spend on it. I enjoy your content. U a humble dude enjoy ur car no matter what.
@@cblue3581 Cars are depreciating assets, meaning they lose value over time. New cars are the worst. That's because the biggest depreciation comes in the first year, with a big chunk of that coming when you drive it away and it goes from new to used.
@@Blicky150 My car appreciated in value the first year so stop with canned response about depreciation. I didn't buy it as an investment I bought it because I have the expendable income to throw away. It was just nice seeing it hold it's value
$40-50 per fill-up? Where the heck do you live? You ARE putting Premium in that thing, right? I'm always at around $100, but then I live in Southern California, so there you go.
I got a 2021 RT charger plus and put the 1150 DSR Crate engine in it. Hellcats pull-up next to me at the light thinking they all that and I leave em at the light wondering how he did that…
Wow. I’d like to add I made the mistake of buying a scatpack in 2020. I got lucky with 0 down but I remember my payment was $783 a mo/ $325 ins. I think it was 7yr term. & gas omg $200-550 a mo. 1 yr & 6 mo. later Carmax gave me offer over what I paid. I loved the car but after people intentionally bumping/ scratching my car/ attempted thefts/ & weirdos following me, I sold the car. Now in 2022 my mortgage @ $785 mo./ utilities about $400 max mo. & my 2022 Toyota $424 note ( 0 down & zero interest 48mo. / $243 ins (house&car)/ gas $250 max mo./ & $450 max mo for groceries.…. About $2,500 a month. Whatever is left of that 30k is my vacation $$$. I make about 75k year working 24/7 it feels like. Basically what I’m saying is you sacrifice a lot for SRT vehicle; your safety, your image, & most important your finances. 😮
Damnn. Cars are a depreciating asset as soon as you drive them off the lot, they depreciate in value. that’s why it’s good to just get a car that isn’t going to drain your bank like these chargers
I just got my hellcat a month ago 1400 monthly 72 months zero down 4.2 interest and I’m try and refinance when I can to lower the interest but I don’t abuse it so I get about 15 mpg
I bought property with that amount, 4 years later it quadrupled and sold it. Now with the equity I made, I payed cash on 2 vehicles and have no payments. Invest on realty! Not vehicles kids!
There you have it folks this is not sound financial advice -I get it when you're young and think you have it-I own 2021 Truck and 2021 Jeep nothing down and a mortgage and still not paying 1700. Good video to know what not too do.
If you don’t have a business and house and not making 200k a year.. buying this car is a stupid ass move. Save your money invest to make more money and then you can easily support your hobbies.
So he said he’s paying a little bit over 1100 a month for 96 months if you do the math that is $105,000 that is a lot of money now I know he said he’s not gonna keep it that long. I guess that’s a good thing, but the car went from 85,000 I believe that’s what he said but after 96 payments ended up costing 105,000 I’d rather get a Mercedes for that or a BMW
Nice car paisano, I'm Cuban too, originally from Havana but living in Louisiana. Awesome machine, Enjoy It... Careful with all that power, it can be overwhelming. 👍🇨🇺
So... Guy that sells cars here... Mark ups are gone. That's not a perk. We sell for sticker or below to stay competitive. Car prices are plummeting, but bank rates are sky rocketing. Anyone looking to buy a vehicle, just wait for a bit. You wouldn't buy a stock when it's topped out, so don't finance a vehicle when bank rates are sky high. The time to buy is when car prices are down AND banks are buying strong with low rates. So many people bought vehicles last year for 10g-15g over sticker and they will be buried when they try to trade out. If you're reading this, I'm telling you... 96 MONTHS @ 6% IS SHIT. Be patient. Wait a year or two. Your wallet and credit score will appreciate your patience!!!!
I love hellcats and never show hate but you gotta be HUSTLING HUSTLING to afford one and keep it maintained a scat pack is more for me I make good money but I wanna do more with my money in the long run but everyone keep up the grind we gon win soon!!
Follow up to this video
HOW TO AFFORD A HELLCAT !
czcams.com/video/Dq5-sNJfgJw/video.html
Can u explain how you have 0$ down payment? My birthday next month, going to get a hellcat challenger
Man don't worry about what people say about a sticker my boy - do your thing and represent who you are - Black, Cuban, Mexican (whatever) - we are all in the same boat
This is the worst financial advice. Invest wisely kids.
a friend of mine keeps telling me the same thing, that a car is a bad investment. i'm dyin for a 2021 challenger scat pack (no sunroof, i don't like sunroofs either). he keeps saying a house is a better investment. perhaps you and my friend are right. why pay $1,000 for 96 months when in this trash economy with no job security you can try paying 2,500-3,500 a month for (for a GOOD house in a GOOD neighborhood) for THIRTY YEARS CONSECUTIVELY. yea, good luck with THAT. my cousin and sister both tried and failed MISERABLY in real estate. at LEAST this guy can build his credit up a bit with more manageable 1,000 payments and if he gets in over his head he can sell the car or trade it in. MUCH easier to find a buyer for a hellcat than a dam house. who the HELL is ready to commit 30yrs to a bank. and not if but WHEN it falls apart there goes your credit score. unless you have GOOD job i would NOT recommend buying/investing in a house. like i said my sis and cuz both failed miserably. neither one had good jobs.
Pretty much on point, u can always flips high end cars & get most all & more back now in this market. I chose to get a used Hellcat wit 7k miles, than getting a new one. A scat wit a $1000 payment not worth it, it basically has same hp as my camaro SS
@@livinglife3230 dam, 7k miles!? that's goooooood, i'd get a beater to preserve that hellcat. don't make it your daily! i hope you don't i mean *i* wouldn't
@@fallback8314 my blue SS is more less my daily BUT I won’t go 2/3 days w/o drivin da Cat. I luv da new c8 Vette & if trade my camaro, the Cat will be my daily.
@@fallback8314asier to find a buyer for a hellcat than a house?! Lmao 😂😂😂😂 that house can go up so much in value within the next 5 years and you can make a lot of money selling it. Also, you can rent it out and have someone pay it off for you while you still make a profit every month. Your really comparing a car to a property? Smh
I love this dude . Thanks for letting me realize I don't need this car lmao
109,440 is 1140 4 96 months😶
Guys spending 50k to flex for 4 years and trade it back in.. can’t make this level of stupidity up.
you sound a little broke
@@matthewruss-ip4uk Because he doesn't want a $1200 car payment? The US Median income is like 31k a year. The average household income being 60k. After tax/medical you're looking at around 40k bring home. If you're in that bracket and buy a $109,000 car you're irresponsible. The top 10% earners make 170k a year. A 110k dodge is a pretty irresponsible investment even in the top 10% and likely nobody in that bracket is buying a dodge. Hellcats are for poor rich people and youtubers looking for that audience.
@@SUNIKIGAMINGfacts.
96 months at 1100 the rape is real in this one
If you’re financially set, and can afford it. Then go for it. Just drive safe and try not to show off so you don’t become a hazard to yourself and society 🙏🏽
Bro I make well over 100k a year and that monthly payment still scare me 😭😭
Yea that payment is insane. I make good money but I’m not paying 1k or anything over for no car.
Hes clearly living with his parents the way he says hes on a group car insurance plan with them so its not that bad if thats your main bill
Dude I’m saying
@@kenjiniru1 naw bro that’s still bad as hell lol. Thats agreeing to pay well over 100k for a hellcat. More power to him though I guess if u want something that bad u pay it.
@@tonye2920 the way hes doing things( which is dumb) is when he trades in a car early is adding what he owes on the pervious car to the new one which is why he extended out to 96 months and still has that ridiculous payment. When he tries to get another car in 2-3 years hes going to find out hes stuck. If you want a new car that often you should lease. That car salesman is not your friend if he didnt explain that to you. Your going to be paying 1300 a month for a base corolla lol
So I hit the like button cuz you need all the help you can get with that payment
😂😂😂
😂😂😂
😭🤣😂
😂Same🤣
😂😂😂
Having a hot rod like this only brings temporary happiness, don’t go broke for temporary happiness.
Temporary happiness? Once you have a dream vehicle I don’t think there’s temporary happiness I have a Camry soon buy a charger and my Camry has some simple mods to it and when I come home off the road that little car makes me smile you know why because I own it
@@Markbabb You might think a charger is your dream car then 5 years later you wake up and realize it's just a dodge sedan.
@@CaBdosdos who gives a dam dude if it’s something you want go for it stop being a simple minded hater
@@Markbabb Just trying to stop people from themselves. This guy in the video destroyed his future selfs wealth 10 fold. It's on a public forum and open to scrutiny consequently. You either have the money or you pretending.
@@CaBdosdos you can’t tell people what to do with they own money dude lol the world don’t revolve around you it’s they money they could spend it as they please stop pocket watching
This is what not to do youngsters
Keep your money
listen to him guys 😈
Dam 8 years, you didn’t buy the cat you married it.
😂😂😂
96 months? Damn, didn’t know you could finance a car for so long. They got you.
I didn't know that either. Seems crazy!!!!
96 terms have been around for over 10 years now most don’t do it cause the difference in lower payment vrs the extra interest isn’t worth it….any loan more than 60 months is dumb….yeah a 670 payment on 60 months is 580 on 72 but your interest is 1200-1400 more for that extra 12 months dumb..just pay the 90 more and be done 12 mts sooner…..this is what people don’t understand or look at when signing all they care about is payment
Imagine paying 1200 a month to get gapped by an Infiniti… I’d be hurt
😂😂😂
Not likely
@@jumpinjimmyg2164 all it takes is some downpipes and E85 so it’s very likely
@Q60 Jay just e85 and down pipes, that's all? Forgetting the tuning and fuel system upgrades (injectors/pump ect). All to run even with a stock cat. Hope you don't run into a modded e85 hellcat.
Upper pulley , lower pulley and catless E85 Tune
6% interest for 96 months, no down payment, 84k. Bro that’s too heavy.
Son needs to let the car go
He’ll pay 168k total at the end of that 96 months
96 months is absolutely insane.
most id do is probably 60 months, and even at that id have a hefty downpayment.
these people just dont have patience man, but i mean if its ultimately a investment on his end for content etc, i mean it could pay off, its ultimately up to him tho.
Damn, a C6 LS3 with a solid cam, tune and bolt ons would walk tf out of a Hellcat. And total price with the cams and everything would be around 30 to 35k. No payments, no interest, and better gas mileage. Plus you can take the top off, and the LS3 loves power.
Also not a 4 door muscle car
C6 yumm everyone still loves them c6’s. I like a 2012-13’ grand sport
Agreed, my LS3 walks scats and almost anything else and I’m stock lol
@@ChrisBred4sscats get walked by literally anything 😂😭
@@JJj-zk8tz just about lol
Damn man. I’m glad I got my pos cars & debt free. Not riding in style but happy to have what I have.
Not sure why someone would make payments on a sports car. My thought is if you're gonna buy yourself a toy--buy it outright. It's not yours unless there's no balance. To each his own.
Sweet ride!
I have a diff philosophy, though. Since they're gonna stop making the hemi soon, I plan on paying my scat off and keeping it.
84k with no sunroof smh
Bro. After 8 years, your paying close to $170K.
Your vehicle is going to depreciate rapidly.
Your going to pay high maintenance costs.
Expect that 170K after financing to be around 225K.
Damn bruh.
🥸🥸🥸
It will depreciate, but not by much. It's a hellcat. Will never fi d one under $40k......then will probably go back up in the future.
Omg 6% 96 months. No down payment loll. This is Big Altima Energy. This is a meme.
Most hellcat owners I noticed live with parents and don't have a Mortgage. I wish these things came out when I was living rent free. Half your monthly income going on car payment, insurance, gas. How is that a smart. Assets ] Liabilities
Remember if you can’t buy it 3 times you can’t afford it
Poor financial decision 💀 I swear
Just to break it down, say you find a new hellcat for $83,000.
now hypothetically, lets say youll have someone cosigning with good credit / history already to get a decent interest rate; so we will stick with 8%.
now, say youre planning on keeping the car for a long while, so you go for the 60 month term.
lets say you put down $40,000. Leaves your payments at $868/mo estimate, and thats without gas, insurance, maintence.
add gas, insurance, maintence, & taxes, thatll leave you paying $2,000 a month (obviously certain things will change based on your driving history, age etc. & THIS WAS WITH ME BEING GENEROUS ON INSURANCE COST.)
thats $24,000 annually, and for that to be 15% of your income, you should be bringing home about $160,000 a year, and thats if you have no kids, etc.
point being, focus on building your wealth; such as learning more skills, investing that $ into businesses, or into yourself, and then once you know you can 100% afford it, then grab it, dont be like these fools going into debt, spending there last on a car. Not to mention 70% of the people with these cars arent even making low 6 figures, so its astonishing.
All that to get spanked by almost anything out there on the streets. I feel bad
Bro typically wouldn’t advise buying expensive cars bcuz they lose value soon as you drive off the lot butttt the Hellcat is a good investment if you purchased with good credit and interest rate.
As a hellcat owner we know 1700 is on the light end for a brand new cat..most dudes paying extra cause they got that markup and cause they eating up gas and paying higher insurance premiums lol
$1100 x 96months = 105k 💀. I didn’t even include gas and Insurance. I’m not knocking your joy. I’m glad you’re enjoying it. But you’ve made me realize for that amount of money, I can get something a tad bit slower and much more luxurious.
They are beautiful vehicles tho.
This is the worst advice you can give . This dude is basically the type of person that lived with his mom and is broke .
You can tell this guy really loves his car
The cost of ownership is extremely high. I'm seeing a lot of people say "if you make over 100k like me go for it" - to this I call BS.
Between me and my wife our household income is over 200k, but there's more to it than some acceptable number. There's mortgage, other vehicle payments, property taxes, insurance for everything, maintenance for everything, joint and split retirement & savings (we double up on everything just in case), market investments (which are down and dropping), tuition for the baby, vacation and mini vacation fund, and more...I'd tell the salesperson "sorry, can't afford it".
Edit: Nice car though, bro! 🤙
If I bought a 85K car with a $1100 96 month note my wife would hit me over the head with a frying pan. Congratulations though the car is crazy.
😂😂😂
A 96 month car loan? Where they do that at! SMH
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Wow so your gonna pay $105.000 for a car thats worth 85K. Nice man on feeding the banks all that interest. But hey you got that beautiful hellcat. We just got a 22 challenger scatpack black with red interior. Love it and it's definitely fast enough for me.
I financed my 21’ redeye at 18 y/o, finally payed off 1 year later but my insurance is still really high at $650, my advice dont get an expensive car if i could go back i would invest my money instead
What was your credit score and down payment if you don’t mind me asking
@@xmontana448 credit score was 786 at the time down payment 30k
This dude took sucker terms on the car, pays too much and got robbed blind by the finance guy at the dealership. Typical Hellcat owner, you guys all live the stereotype.
If anyone is ever in the market, used Hellcats can be affordable, just be aware that you’re buying a high performance car which means maintenance will be expensive at times. I purchased a 2017 Hellcat with 7k miles, clean title no issues whatsoever. I purchased it back in 2020 for 52k and it had all the premium options, such as the peanut butter int, upgraded sound system etc…just be patient and you’ll find what you want.
This is the comment bro , can’t rush it find exactly what you want it’s out there
$1000 a month car payment is INSANE
All cars are bad investments. That being said, this dude can spend his money however he wants to.
I tell my son that before you buy that expensive car, buy a house and get you a good car. But not a car that cost you more than your house.
Not to scare you but some math:
$84,000
6%
96 months
$20k in interest if you keep it
If you sell it early, you could be in negative equity depending on the market given the low principal
It is what it is, ball out
@@cubansrt gotta risk it for the biscuit !
how did you figure 20k interest??
@@fallback8314
$1140 x 96 (monthly payments)= $109,440
He said his out the door was $84,000.
$109,440- $84000= $25,440 (in interest)
Plzz educate me
96 x 1100 = 105,600.. I don't know where your math came from, but it doesn't matter what the window sticker says. If you kept that car for the 96 months (8 years) with an $1100 note, you're paying more than ~80,000.
If you have a stable career, make over $100k, and won’t leave yourself or family in an upside situation financially, go for it! To each is own.. I just got a 2023 Jailbreaker. Good video; it brought a financial perspective!
You’re sacrificing so much just for a car. That $1,800 a month can be used for so much fun unless you find breaking laws fun and risking cops on your ass.
I have a 2017 Scat and bought a hellcat motor, with parts and labor it was $15,000..you’re welcome.
Dammmmmnnnn that’s crazy but I appreciate you sharing fam!
Sweet, that’s their problem throwing money away.
Interest rates are out the roof now days no matter how good ya credit is.
woah the monthly is insanely high, and I think many states do not even allow more than 72 or 84 month terms. I have a 2022 GMC and my monthly payment is 10% of my take home income. My spouse would kill me if I were to spend that much in payment and gas. You won't keep it that long but the reason why you did not pay any markup may be bc just with financing you potentially throw them an extra 20k on their lap. I considered getting a hellcat (but only had $$ for a Daytona back in 2017, again no more than 10% of my take home income per month) and if I do next year, I'll probably never drive it. Leave it in a garage and just visit it once in a while to rev it haha
I'm gone turn the car off so y'all can hear me... yeah right lol that gas expensive 🤣
Yikes ... that's like $100,000 ....damn, my mortgage was only $860/month ....
Dude, I respect your choice but I've been a used car dealer for 17 years and you lost $25k in value on that car the moment you drove it off the lot with 1 mile on it and in two years you will not have even paid off but about 15% of that loan and the value of that car will probably be $35k (if that). I hope you bought Gap insurance because you are NEVER gonna sell it or trade it in. Just to put that in perspective, I bought a used Rolls Royce Ghost for just a bit less than you paid for that Hellcat and I rent it out about 8 times a month every month for $800 a day for the past 2 years and I drive it in my spare time....Do the math on that. Once again, I respect your choice but you should have purchased a low mileage used Hellcat and let someone else take that depreciation hit. Those cars lose too much value at the end of the day and just isn't a good investment. With the profit I made off my Rolls Royce Ghost rentals, I used it to fully purchase a used Maybach that I also rent out for $800 a day. Let's make better financial choices young people for your future!!
bro sold his soul to the cat
84k wtf. Bro trys to justify the payment "others are paying more " 😭
Scarface is actually Italian even in the original Scarface movie neither one of them are Cuban he's playing a Cuban individual but his ethnicity is Italian
I think they are good investments if you plan on buying it and garaging it for 20 years, then seeing what the market is like. The sad truth is that people buy them and abuse the shit out of them, not realizing that they are literally sitting in a retirement account lol.
Yeah but what’s the point in buying a Hellcat just for it to sit in a garage?
@@bxi1547 there is no point. These is no case for these to ever be investments.
@@bxi1547I would get it and only drive it on the weekend
@@bxi1547 an investment IS the point. I’m pretty sure you’ve seen CZcams videos of how much a 30 year old iconic muscle car that has little to no mileage is worth. ESPECIALLY since the country is unfortunately going electric. But if you want to buy one to drive that’s fine. I’m just speaking from an investment standpoint.
@@daking8374 A Demon yes but not a Hellcat.
Bro that sticker makes the car look so cheap
That’s crazy! 1140! For 96 months. I got a 22 as well in smoke show with every option. I pay 1040.xx for 72 months😅
well he didnt put a down payment
Can you give me advice.. I wanna get the car but I want the monthly to be low 800 lowest
@@lyingasshoes9455 put 10k down and your payment would be around $740
@@andresjimenez9152 ur smoking dick, a widebody cat is around 80-100k, 72x740 is 53k 💀
@@lyingasshoes9455 u gone need atleast a 50k down payment if u want a 800 payment on a widebody hellcat 😂 depends on ur credit too
i never thought id see 1k plus monthly payments for non super/luxury cars. car dealers must be raking it in.
The best advice is learning from someone else mistakes.
Bank gonna make 20k on ya. Tires brakes and maintenance is gonna hit hard too if you keep puttin them miles on it.
I bought my hellcat charger at 21yrs old for 75000 after tax put down 30 been 2,300 a month (2 of my weekly checks) and now only owe 20,000 should be done by the summer time 2023. I live at home rent free and saved up for my car I work hard for it so it's worth it yolo
yolo
I am subscriber 654🇨🇦
Nice car, but too expensive and not a wise investment. However, I bought a Mazda CX5, paid it off in 2 years, very good decent car but I don’t feel happy driving it. I’d like a more premium luxury car. Do whatever makes you happy.
Your monthly car ownership costs are about the same as my mortgage and utilities LoL
same, i would actually have leftovers
The best advice I can give a kid working and etc . A truck can afford a car ,but a car can’t afford a truck .
Definitely a long term investment for the garage/weekends only with Dodge moving to EV’s. Would not be a daily, would have a beater as my daily driver. It’s also one of the most stolen cars in America.
Despite some negative comments. Great car. U only live once enjoy every bit of that car. The fun of driving those cars is worth every cent you spend on it. I enjoy your content. U a humble dude enjoy ur car no matter what.
👏👏👏
The dealership offer me 38,000 for my 2019 scatpack with 31,000 miles. I owe 15,000 on it so I'm just going to keep my scatpack
“I see myself in this car for 3-4 years” lmaoooo but signed up for a 90 month payment..what a goon
This lowkey reminds me of the old original youtube videos. Props for that. 😸 Just feels natural.
My 2003 Terminator Cobra gets 13mpg / 18 Highway. 😂Smiles per gallon.
This is insane... I got 0% APR on my Widebody Scat last year, currently sitting on about $30k in equity.
Cars are a horrible investment
@@Blicky150 Normally yes, but 30% ROI beats almost everything in my portfolio except oil stocks over the last year.
@@cblue3581 still a bad investment.
@@cblue3581 Cars are depreciating assets, meaning they lose value over time. New cars are the worst. That's because the biggest depreciation comes in the first year, with a big chunk of that coming when you drive it away and it goes from new to used.
@@Blicky150 My car appreciated in value the first year so stop with canned response about depreciation. I didn't buy it as an investment I bought it because I have the expendable income to throw away. It was just nice seeing it hold it's value
$40-50 per fill-up? Where the heck do you live? You ARE putting Premium in that thing, right? I'm always at around $100, but then I live in Southern California, so there you go.
NC
I got a 2021 RT charger plus and put the 1150 DSR Crate engine in it. Hellcats pull-up next to me at the light thinking they all that and I leave em at the light wondering how he did that…
My boy ain’t even rev her up 😂😢💨💨
Wow. I’d like to add I made the mistake of buying a scatpack in 2020. I got lucky with 0 down but I remember my payment was $783 a mo/ $325 ins. I think it was 7yr term. & gas omg $200-550 a mo. 1 yr & 6 mo. later Carmax gave me offer over what I paid. I loved the car but after people intentionally bumping/ scratching my car/ attempted thefts/ & weirdos following me, I sold the car.
Now in 2022 my mortgage @ $785 mo./ utilities about $400 max mo. & my 2022 Toyota $424 note ( 0 down & zero interest 48mo. / $243 ins (house&car)/ gas $250 max mo./ & $450 max mo for groceries.…. About $2,500 a month. Whatever is left of that 30k is my vacation $$$. I make about 75k year working 24/7 it feels like.
Basically what I’m saying is you sacrifice a lot for SRT vehicle; your safety, your image, & most important your finances. 😮
💯
Either this dude still live home with his parents and could spend his money this irrationally or he got a good ass paying job 🤷♂️
both
Wow, 1,100 a month for a car, not including insurance. I'm speechless.
The bigger kicker is 96 months!!! Fawk that…1100 on 60 is still too much and I wouldn’t do it.
His insurance is 50 bucks
The average video like this has payments of 1300
The 96 months is too long though
Damnn. Cars are a depreciating asset as soon as you drive them off the lot, they depreciate in value. that’s why it’s good to just get a car that isn’t going to drain your bank like these chargers
I just got my hellcat a month ago
1400 monthly 72 months zero down 4.2 interest and I’m try and refinance when I can to lower the interest but I don’t abuse it so I get about 15 mpg
I bought property with that amount, 4 years later it quadrupled and sold it. Now with the equity I made, I payed cash on 2 vehicles and have no payments. Invest on realty! Not vehicles kids!
$1100 a month and a credit score of about 730 is about right for hell🐈
I’m paying 350 for a Chrysler 300c 2011 I’ll just switch the engine with a 6.4 when I’m done paying it off or do some upgrades
There you have it folks this is not sound financial advice -I get it when you're young and think you have it-I own 2021 Truck and 2021 Jeep nothing down and a mortgage and still not paying 1700. Good video to know what not too do.
If you don’t have a business and house and not making 200k a year.. buying this car is a stupid ass move. Save your money invest to make more money and then you can easily support your hobbies.
Awesome keep doing you, there is always going to be haters. You right keep your money. That vehicle price is only going up
So he said he’s paying a little bit over 1100 a month for 96 months if you do the math that is $105,000 that is a lot of money now I know he said he’s not gonna keep it that long. I guess that’s a good thing, but the car went from 85,000 I believe that’s what he said but after 96 payments ended up costing 105,000 I’d rather get a Mercedes for that or a BMW
Beautiful car, they use to be bang for your buck now their up in value. 1700 monthly is hefty That’s like buying a set of tires for the car itself
Not a sound investment unless you garage it 95 percent of the time but It’s your money. Spend it how you want to bro.
Nice car paisano, I'm Cuban too, originally from Havana but living in Louisiana. Awesome machine, Enjoy It... Careful with all that power, it can be overwhelming. 👍🇨🇺
gracias bro 🔥
1100 a month for the note and another 540 a month for gas. Fudge that noise!
so this is where that meme came from
😂😂😂😂
40$ to fill up??? Bro where😂😂😂 110$ to fill up my camaro here in cali😂
If you need a calculator for simple math, you can not afford this car!!
Yooooooo new sub
Man just for the break down👊🏿👊🏿👊🏿
So... Guy that sells cars here... Mark ups are gone. That's not a perk. We sell for sticker or below to stay competitive. Car prices are plummeting, but bank rates are sky rocketing. Anyone looking to buy a vehicle, just wait for a bit. You wouldn't buy a stock when it's topped out, so don't finance a vehicle when bank rates are sky high. The time to buy is when car prices are down AND banks are buying strong with low rates. So many people bought vehicles last year for 10g-15g over sticker and they will be buried when they try to trade out. If you're reading this, I'm telling you... 96 MONTHS @ 6% IS SHIT. Be patient. Wait a year or two. Your wallet and credit score will appreciate your patience!!!!
I just wanna know after paying about 5k every 90 days is it still enjoyable?
No need to mark this hell cat up, they already got you for 96 months. That’s 100k+
I love hellcats and never show hate but you gotta be HUSTLING HUSTLING to afford one and keep it maintained a scat pack is more for me I make good money but I wanna do more with my money in the long run but everyone keep up the grind we gon win soon!!
Bro if you keeping it for 3 years you should have leased it