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Caleb Hammer explains why people would rather go broke than drive a cheaper car “When you tell people to buy a cheaper car, they act like you’re telling them to risk their life. Cars weren’t insanely dangerous three years ago. The real risk is taking a 30% interest loan...

485,226 views • 3 months ago •via X (Twitter)

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Caleb Hammer is completely losing his mind. ​This lady has $19,167 in car debt, blamed a "generational curse" for going to Puerto Rico instead of paying her car loan 😪 Caleb: A little past due. Late charge is $19. Past due amount: $832. Total amount due: $1,290. What even is this? Guest: My car financer. My loan. Caleb: What is this car? Guest: 2018 Honda Civic. I bought it used. Caleb: How many miles? Guest: 112,000. Caleb: How much do you think you owe? Guest: I think it's like 19,000. Caleb: It's $18,000. You make $33,000 a year net, and we have an $18,745 car debt. You're not paying your bills, dude. Why have you chosen not to pay this one? Guest: I went on a vacation. ​Caleb: Obviously it's you. The world didn't say, "You must go on a vacation." You did that. How is a vacation possibly more important than your car payment? How often do you use your car? Guest: I work at home three days a week and then two days in the office. Caleb: How far away are you from the office? Guest: Like 30 to 40 minutes. Caleb: So you need this car to have your job, right? And we are choosing a vacation over this, meaning you can lose your job after this gets repoed. How many missed are we at? Guest: It's only those two, I think. Caleb: What was the vacation? Guest: A big group of us went to Puerto Rico in March. Caleb: You don't get to go to Puerto Rico! Guest: But it was fun. Caleb: Is it going to be fun when the car is taken from you and you can't work? You're underwater by $12,000. You can't even sell it.

Traeyz ♠️

24,313 views • 11 days ago