3. Luxury cars are a waste of MONEY

Hola Wolf Pack,

Since you was a kid I understand most of you have had dreams (programmed) of owning that brand new luxury car. The car that would make all eyes fall on you. America has always put inside our heads since birth that the american dream is the big house and the nice luxury car. Well I’m going to let you in on something, luxury cars are a waste of money and if your not careful it could take you to the poor house.

REASONS WHY YOU SHOULD AVOID LUXURY CARS:

1. COST OF REPAIR PARTS

When it comes to luxury car parts most auto stores don’t carry the parts you need to repair your car. If something goes wrong, you will have to order the parts from the dealer themselves (if you have a mercedes you have to get the part you need from mercedes, not auto zone or pep boys etc.). Nine times out of ten you won’t find  these parts cheap, the price of major parts can be on the same level as a down payment on a new car, so just imagine if you bought a luxury car with a ton of miles on it.

This is the kicker, the dealer can charge whatever they choose to because they have no competition when it comes to those parts.  You paid for the name so now lets see if you can keep up with the big boys when those parts start to go bad. Lets not also forget the mechanic who will charge for labor on your rich man mobile also.

2. CAR NOTES

So you paid off repairs yet you still have those car notes coming in. Car notes are not cheap, I know some people who have five hundred a month notes on their cars and think this is normal, that it is actually normal to walk around with that much debt each month. Your car note equals to rent or  mortgage on a house. Luxury car notes are actually considered cheap if you are paying five hundred a month monthlies. Five hundred a month on any car is too much for anyone who is living pay check to pay check or up their necks in debt.

Only a small percent of the people you see driving around in those cars can actually afford it or actually owns the car. This shouldn’t be shocking stuff, right guys?

3. ATTRACTS THE WRONG PEOPLE

Let me explain what I mean by this one. You will attract the wrong people most of the time if your finances can’t afford the car because you’re not only buying the car for yourself but you’re buying it for the way you will look to other people. Be prepared for the jealousy, envy, and hatred hid behind smiles.

I guarantee if you lost your job today and the car got repossessed that good looking girl who got with you because of that amazing car will be out the door like jazz from fresh prince.

You have the better situation now. What I mean by that is, if your car is close to being paid off or an older made car that’s already paid off, then you’re in the best situation that your suppose to be in right now. Get out of the program by thinking driving a car you can’t afford will make you feel better. It’s like a drug, it feels good at first then it starts ripping you apart day by day month by month.

Comments

5 Comments on 3. Luxury cars are a waste of MONEY

L.j. Upshaw said : Guest 3 years ago

Right on brother

Brick said : Guest 3 years ago

Its called "living above your means" we blacks rather drive a 1998 SLK 550 BENZ with an oil leak, than a 2013 Dodge Neon with low mileage. Both having the same stickier price, but we choice the Benz cause its a Benz and wonder why we walking to work a few weeks later

L.j. Upshaw said : Guest 3 years ago

Lol it's true brick, but it's not only blacks but all races. You will be surprise how many people can actually afford the cars their in. People so caught up in tv they don't realize they already have it all. People are to afraid to drive in something they can afford.

L.j. Upshaw said : Guest 3 years ago

LoL it's true brick but at the same time it is all races doing it. People are not comfortable driving in something they can afford.

Brick said : Guest 3 years ago

Main reason why black people drive Benz and BNW and live in apartments, and think they KAPPIN lol

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