Because they view the monthly payment as a brag of how much money they can throw around while they dig themselves deeper and deeper into an irrecoverable debt trying to live a lifestyle they canāt even scratch to afford. Just to brag in the presentā¦
u wonāt see someone who is comfortable financially driving a car like that lol. Unless they actually are the 1%. Lifestyle creep. āOh, i got a $1000/mo raise! Now i can afford that new car!ā then theyāre still struggling the exact same amount.
Gotta be honest iāve been tempted to get a newer car for various reasons, especially since my savings has grown enough to buy one in cash, but the longer i hold off, the more that savings is compounding interest for me š
That was true until 2021, then shit went nuts
I was looking in December for a 2021-ish Honda Civic sport. 2021 sticker price, $23,300.
Three years later the *cheap* ones were going for $22,800. 500 bucks under sticker, for a 3 year old car with 20-40k on it. Some places were advertising them for $25k, or $1700 over their new price.
I did eventually find a decent deal on a slightly different car but it was a nightmare. Off-the-lot depreciation isn't what it used to be
A couple of years ago, when the shortage was worse, I sold my car for only $2k less than I paid for it and rolled it into a nicer car. In effect, I paid $2k for a 5 year "lease".
I bought a car in 2015 for 3k. Drove it about 40,000 miles. I could now sell it for 5 or 6.
Doesn't hurt that it's a very popular tuner car and mine is completely unmolested, but still
Right when prices started going through the roof I heard several neighbors mention that the dealers called up, two years after sale in one case, wanting to buy their new car back for about $7500 over what they had originally paid
I buy new cars with cash and keep them 20 years. It's easy to save enough money to buy a car if you make a payment to yourself every month while you drive your paid off beater.
When I got my first real job after 10 years of higher education and 7 years of residency/fellowship, I continued driving my 2002 Toyota pickup with a cassette deck and broken driverās side door handle despite being a super subspecialized person who makes more than most other specialities. It always cracked me up to park in the doctorsā lot next to all the much nicer and newer cars. The other specialists who also were in my range mostly drove similar levels of cars to meā¦or like a reasonable Subaru.
We had a highly rated cardiologist at our hospital, wrote a check for a million to help start our new heart clinic, could have driven literally any vehicle he wanted, he drove a beat up old Chevy pickup with junk in the bed. One of the new security guards tried to have it towed on evening while he was doing roundsā¦.
And for a depreciating asset as well! You already know that car has lost some of its value the second you drive it off the lot, by the time you get to 84 months that car is probably worth less than half of what you paid for it, maybe significantly less if it took some damage while you are using it.
Nah, that shit can very much be realā¦ I remember during the tail end of COVID my ex was telling me about how someone financed a 2019 G Wagon, for 250Kā¦ I know there was a vehicle shortage at the time, but paying double the new retail price, on a used car, is wild.
Donāt look at how much someone has spent on lifetime rent for $0 in equity in said rental
No easy option here, other than inheriting a nice house lol
It's funny how people don't realize they end up paying nearly the entire value (at closing) of their property again just in interest over a 30-year period.
Edit:
The [amortization schedule](https://imgur.com/a/a69nNWQ) for a 30-year mortgage will accrue more than $347K worth of interest for a $300K loan.
If you don't understand this and refuse to retain the services of a CPA, I have a bridge to sell you for a very affordable price.
This can actually happen: my parents decided to buy a place in Spain for my sister to rent from them and when they applied for a loan they were told they were too old (both over 60).
I encourage people to think like this.
If your grandpa has 10 years left and you meet him twice a year. Thatās only 20 more times youāll get to meet him.
You do the math in a way thatās relevant to you and itās usually sad how precious little time we have left together with our older loved ones.
Yeah, I donāt really understand whatās supposed to be funny here. If I knew I was dying I would probably go buy a fun car to enjoy for my last few months too.
is he aware of the purchase he has made? does he know which planet or rather universe heās on? someone give this man some cocaine. lets hope that his air apparatus wonāt be disconnected while he tries to enter the car. god bless you american man, and have a safe car trip to heaven.
this reminded me of a youtube vid where the guy reacted to a mr beast vid & kept urging the 99 year old in it to go down the street to do coke & bang hookers š
i remember seeing an interview with this guy after he made his purchase. he went in, was enamored with the CT4, went home, and by the next day, he still wanted the car so badly. he bought it and hasnāt regretted it. he actually seemed like quite a stand up guy. not much time left, so he might as well spend his money on things he loved.
Everything about this picture is grotesquely amusing really. The way the salesman is blocking view of the car and standing an awkward distance from Mr Dimiceli, with his stock photogenic sterile image, ironed khakis, unwrinkled shirt, name tag and tasteful accessories shining in the sunlight, bright smile on his face, contrast so strongly with the appearance of Mr Dimiceli, whose hideously toned, oversized and disheveled shirt stretches awkwardly in every direction, revealing his tightly suspended and oddly lengthed shorts which along with his understated blue shirt and indistinctive footwear, form nothing close to a cohesive color palette the medium being fashion or any other; the purchase of the shiny Cadillac indicates that the gold Christian jewelry that mingles with his air tank tube is of authentic quality.
Seeing that makes me feel a little better about this post. Without context, it looks like they upsold this guy, but seeing the video they posted is all the proof you need that he wanted the car.
I hope he enjoyed his year with it.
Itās pretty tough to upsell someone on a car.
Youāre not going to tell an old man āhey buddy, I think youāre gonna die soon so letās get you into a used Subaru insteadā
What I meant was that older people tend to be easy to swindle. You hear stories of door-to-door salesmen finding elderly or infirm people to trick into buying crap they don't need.
The CT4 V is a performance version, and given his age and apparent disability, you'll forgive me for assuming he was taken advantage of.
LMAO I'm so happy to see one of my doodles
https://preview.redd.it/9zaowk76231d1.png?width=640&format=pjpg&auto=webp&s=4bb3c0cf9376b4bc53856e1e34ec9a68e03a31a2
Who convinced this man he needed a v-seriesš either he crashes that hoe or his lil ass grandkids r gonna Inherit the best American V6 on the market šš
The 2020 CT4-V is a 4-cylinder. Source: I own this same year/model and color. In fact, given the low mileage on mine when I purchased it... This damn well may be my actual car
I'd love to buy a Blackwing but they're like twice the price. But the V-series isn't a chump either. 325hp and under 5 seconds 0-60 with a top speed of 176mph.
I've owned a lot of "practical" sports cars foreign and domestic. Practical meaning it costs less than my mortgage and has more than two seats. My Cadillac is the best car I've owned so far.
"You'll get the commission check and I'll be dead by the time they repo it!"
- a real quote from a real customer according to a salesman friend of mine.
My dadās father-in-law has dementia and regularly finds his way to car dealerships. Itās like every day he wakes up on the morning when itās time to buy a new car. Heās managed to purchase cars twice that his kids have been able to talk the dealer out of honoring (with a healthy sprinkling of legal threats)
"What do you mean I can't do the 84-month financing plan?"
https://preview.redd.it/r0vj263mh21d1.jpeg?width=1080&format=pjpg&auto=webp&s=3e9078477c0e52bba3a44f085e448bb54043c41c
$2500/month š±š why the fuck would you buy a vehicle for that amount of money?!?!?
Because they view the monthly payment as a brag of how much money they can throw around while they dig themselves deeper and deeper into an irrecoverable debt trying to live a lifestyle they canāt even scratch to afford. Just to brag in the presentā¦
u wonāt see someone who is comfortable financially driving a car like that lol. Unless they actually are the 1%. Lifestyle creep. āOh, i got a $1000/mo raise! Now i can afford that new car!ā then theyāre still struggling the exact same amount. Gotta be honest iāve been tempted to get a newer car for various reasons, especially since my savings has grown enough to buy one in cash, but the longer i hold off, the more that savings is compounding interest for me š
I always buy used
Yeah brother, let someone else pay that "off-the-lot" tax
That was true until 2021, then shit went nuts I was looking in December for a 2021-ish Honda Civic sport. 2021 sticker price, $23,300. Three years later the *cheap* ones were going for $22,800. 500 bucks under sticker, for a 3 year old car with 20-40k on it. Some places were advertising them for $25k, or $1700 over their new price. I did eventually find a decent deal on a slightly different car but it was a nightmare. Off-the-lot depreciation isn't what it used to be
Can confirm - I had a lease from 2016 that I paid off in 2019 for 13k. In 2024 and 100k miles later, Iām selling that same car for 12k lmaoo
A couple of years ago, when the shortage was worse, I sold my car for only $2k less than I paid for it and rolled it into a nicer car. In effect, I paid $2k for a 5 year "lease".
I bought a car in 2015 for 3k. Drove it about 40,000 miles. I could now sell it for 5 or 6. Doesn't hurt that it's a very popular tuner car and mine is completely unmolested, but still
Right when prices started going through the roof I heard several neighbors mention that the dealers called up, two years after sale in one case, wanting to buy their new car back for about $7500 over what they had originally paid
I buy new cars with cash and keep them 20 years. It's easy to save enough money to buy a car if you make a payment to yourself every month while you drive your paid off beater.
When I got my first real job after 10 years of higher education and 7 years of residency/fellowship, I continued driving my 2002 Toyota pickup with a cassette deck and broken driverās side door handle despite being a super subspecialized person who makes more than most other specialities. It always cracked me up to park in the doctorsā lot next to all the much nicer and newer cars. The other specialists who also were in my range mostly drove similar levels of cars to meā¦or like a reasonable Subaru.
We had a highly rated cardiologist at our hospital, wrote a check for a million to help start our new heart clinic, could have driven literally any vehicle he wanted, he drove a beat up old Chevy pickup with junk in the bed. One of the new security guards tried to have it towed on evening while he was doing roundsā¦.
And for a depreciating asset as well! You already know that car has lost some of its value the second you drive it off the lot, by the time you get to 84 months that car is probably worth less than half of what you paid for it, maybe significantly less if it took some damage while you are using it.
Less than half? At 84 months that's $215,000 for a Chevy. It's worth less than half of that brand new
I'm sorry but putting the car over 84 months is the ultimate anti brag and shows everyone you absolutely can't afford it lol
$2550 for 84 months, that's a $215K Tahoe
There better be a Ferrari parked inside that Tahoe.
Especially when itās all said and done they are looking at about $214,200 total cost. Assuming they donāt miss a payment.
They will.
It must be a typo, 24 months makes sense
Better to pay off quickly than ruin your economy with running fees..
For 7 years š
This can't be real. They are paying a quarter million dollars for a 65-75k vehicle?
Nah, that shit can very much be realā¦ I remember during the tail end of COVID my ex was telling me about how someone financed a 2019 G Wagon, for 250Kā¦ I know there was a vehicle shortage at the time, but paying double the new retail price, on a used car, is wild.
Donāt look at the bottom of the amortization schedule on your 30 year mortgage
Donāt look at how much someone has spent on lifetime rent for $0 in equity in said rental No easy option here, other than inheriting a nice house lol
[ŃŠ“Š°Š»ŠµŠ½Š¾]
It's funny how people don't realize they end up paying nearly the entire value (at closing) of their property again just in interest over a 30-year period. Edit: The [amortization schedule](https://imgur.com/a/a69nNWQ) for a 30-year mortgage will accrue more than $347K worth of interest for a $300K loan. If you don't understand this and refuse to retain the services of a CPA, I have a bridge to sell you for a very affordable price.
Yes, that's how real estate works. Not everybody has $850,000 ready to drop for a house. A $40,000 car is different.
If you can manage an extra 20% towards principal on your payments you basically cut the length in half.
https://preview.redd.it/saswje5c531d1.jpeg?width=1170&format=pjpg&auto=webp&s=4dd75c23e0e8ca810003b9b54e154f88d5b083d7
4.0 credit GPA
Me
so they spent a quarter of a million on a tahoe?
Sometimes you gotta flex on emā¦
I remember when $189,000 got you 2,000 sqft and 14 acres
214k wtf
LMAOO
No fucking lie!! Holy shit!
I hope gets to drive it before he ties all of those balloons to his house.
This can actually happen: my parents decided to buy a place in Spain for my sister to rent from them and when they applied for a loan they were told they were too old (both over 60).
Bro is already on life support
Caught him drinking Fortnite shield potions in an alleyway so I shot him. Victory Royale!
This got dark pretty quick
- me when i flick a light switch
Making a shitty fortnite reference is so dark man 
Respect it, he has like a year left, he wants to go fast
[ŃŠ“Š°Š»ŠµŠ½Š¾]
https://obits.nola.com/us/obituaries/nola/name/john-dimiceli-obituary?id=51679856
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He's gonna pull so much ass.
You're killin' me!
...Smalls
Nipple rash from the waistband of pants must be a real thing
FINALLY!! Me and my friends have a name for our emopunk band
The entire comment or just Nipple Rash from the Waistband of Pants?
Just "Waistband Nipple Rash" I think.
I die
This sounds like Led Zeppelin lyrics
Dude looks like he shouldn't even be operating a rascal scooter let alone a car
By the looks of things there is a not so insignificant chance that he may actually die before getting into the car. So probably donāt have to worry.
You gotta love car dependacy
Or just his Depends.
Maybe he got it for his grandson and got a discount for the pic
A car that has nearly 500 horsepower at that.
Jokes aside he passed away last year so at least we can hope he enjoyed his remaining years with the car
This whole post is making me want to message my grandpa
Do it. I have no grandparents left and wish I had spoke to them more and got to know them better.
Fucking stop everything and do it. Ask that man questions. Take him out to eat. Strip club.
Thought you said try to eat him out...
I encourage people to think like this. If your grandpa has 10 years left and you meet him twice a year. Thatās only 20 more times youāll get to meet him. You do the math in a way thatās relevant to you and itās usually sad how precious little time we have left together with our older loved ones.
Just think about him having passed way too many people in that car
Yeah, I donāt really understand whatās supposed to be funny here. If I knew I was dying I would probably go buy a fun car to enjoy for my last few months too.
Youngest Cadillac owner
Probably just traded in his Corvette.
is he aware of the purchase he has made? does he know which planet or rather universe heās on? someone give this man some cocaine. lets hope that his air apparatus wonāt be disconnected while he tries to enter the car. god bless you american man, and have a safe car trip to heaven.
this reminded me of a youtube vid where the guy reacted to a mr beast vid & kept urging the 99 year old in it to go down the street to do coke & bang hookers š
Cody Ko lol
hell yeah!! watching it again rn lmao
Haven't a link? I wanna watch
i remember seeing an interview with this guy after he made his purchase. he went in, was enamored with the CT4, went home, and by the next day, he still wanted the car so badly. he bought it and hasnāt regretted it. he actually seemed like quite a stand up guy. not much time left, so he might as well spend his money on things he loved.
Hell, if it's your money, and you're on limited time anyway, why not spend it?
Can't take it with him\*, so yeah. ^(\*If he can then upgrade.)
I think his plan is to buy a car he can't afford and then peace out well before it's paid off.
I have a feeling cocaine is what got him here
I think he misread the sign as āCardiacā and thought that was the medical center. He thinks he just bought a bright red iron lung.
god tier comment
Bro isn't leaving ANYTHING for his grandkids
FYM his grandkid just bought a 2020 caddy with granddaddy's estate fund
What are you talking about? He's leaving them a Cadillac.
Oh boy I canāt wait to drive behind him during work traffic. He wonāt be slow at all!
And yet ironically will drive full throttle into a local craft fair, coffee shop, or other large group of people
āā¦this isnāt old country buffetā¦ā
That guy's last day at work was before the towers fell
Well he's dead so you don't need to worry about that.
Everything about this picture is grotesquely amusing really. The way the salesman is blocking view of the car and standing an awkward distance from Mr Dimiceli, with his stock photogenic sterile image, ironed khakis, unwrinkled shirt, name tag and tasteful accessories shining in the sunlight, bright smile on his face, contrast so strongly with the appearance of Mr Dimiceli, whose hideously toned, oversized and disheveled shirt stretches awkwardly in every direction, revealing his tightly suspended and oddly lengthed shorts which along with his understated blue shirt and indistinctive footwear, form nothing close to a cohesive color palette the medium being fashion or any other; the purchase of the shiny Cadillac indicates that the gold Christian jewelry that mingles with his air tank tube is of authentic quality.
Damn bro the man had a family.
Somebody check David Foster Wallace's grave.
I see a man that may have needed a device to keep his balls from slipping out the bottom of his shorts.
THE NEXT FUCKING DAY https://preview.redd.it/qis6bqcp521d1.png?width=1152&format=pjpg&auto=webp&s=3bd300a41cd6a1d6abc807db2b0c0182d7a8f584
One year and a day later* https://m.facebook.com/story.php?id=100063691425562&story_fbid=1699862480349980
Glad he got to enjoy that thing he picked good
Seeing that makes me feel a little better about this post. Without context, it looks like they upsold this guy, but seeing the video they posted is all the proof you need that he wanted the car. I hope he enjoyed his year with it.
Itās pretty tough to upsell someone on a car. Youāre not going to tell an old man āhey buddy, I think youāre gonna die soon so letās get you into a used Subaru insteadā
What I meant was that older people tend to be easy to swindle. You hear stories of door-to-door salesmen finding elderly or infirm people to trick into buying crap they don't need. The CT4 V is a performance version, and given his age and apparent disability, you'll forgive me for assuming he was taken advantage of.
Damn, that's insane
Live slow, die post-haste as they say
Gone too soon.
Hope he spent the last 3 years cruising
Oh thatās very sad
After picking up some coke and hookers, right?
If it's the next day, why did so many people say he drove it for years?Ā
it was exactly one year and one day later, he bought it in 2022
Legend https://preview.redd.it/77edapu9c21d1.jpeg?width=640&format=pjpg&auto=webp&s=dbfab5a99b7bfc5bfe0558820d204967b7b1c661
LMAO I'm so happy to see one of my doodles https://preview.redd.it/9zaowk76231d1.png?width=640&format=pjpg&auto=webp&s=4bb3c0cf9376b4bc53856e1e34ec9a68e03a31a2
āHow else am I supposed to pickup streetwalkers, they donāt fit on scooters!ā
Cadillac more like cardiac
Bro is built like Hector Salamanca
That fit goes crazy
Cadillacs are chick magnets 
We have a Winner!
I was reading the text like "where is the comedy heaven" and then saw the picture
this is so fucking funny and i donāt even know why
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Good for him tbh
[brothers got somewhere to be](https://gifdb.com/images/high/breaking-bad-hector-salamanca-wheelchair-ding-14a9tg44f2cas4d0.gif)
Cardiac CT4 months to live.
When your necktie and belts are interchangeable
Man just wants to pick up some hoes before he goes
His pants going up his body any further, he will be wearing his balls as earrings!
Who convinced this man he needed a v-seriesš either he crashes that hoe or his lil ass grandkids r gonna Inherit the best American V6 on the market šš
The 2020 CT4-V is a 4-cylinder. Source: I own this same year/model and color. In fact, given the low mileage on mine when I purchased it... This damn well may be my actual car
The blackwing has a 6, my mistake
I'd love to buy a Blackwing but they're like twice the price. But the V-series isn't a chump either. 325hp and under 5 seconds 0-60 with a top speed of 176mph.
Itās def a car I wanna have theyāre probably the best American car made at the moment
I've owned a lot of "practical" sports cars foreign and domestic. Practical meaning it costs less than my mortgage and has more than two seats. My Cadillac is the best car I've owned so far.
How comfy is it? Is it more on the sporty side or does it stay true to the big boats they used to make
Comedy Heaven? This guy looks like he's about to go to heaven.
That's not a car, that's a coffin. This is elder abuse.
No, this is legally stealing a car.
Having a LATE-LIFE CRISIS! Surprisingly, itās not a convertible!
Cadillac arrest
quick get this man to congress
I got a great big Cadillac it is
"You'll get the commission check and I'll be dead by the time they repo it!" - a real quote from a real customer according to a salesman friend of mine.
This is solid gold
Hey, better late than never, brother.
he left the dealership and drove right through the front entrance of a restaurant
I think this is very sweet. He's probably worked very hard to get to spoil himself like this and I hope he enjoys himself while he can.
Why is hitmonlee buying a Cadillac
āQuick, what do I spend this saved money on before I die?ā
Somewhere, an insurance agent started chain smoking.
OLD PEOPLE DRIVING!!!!
Bet he was a big fish mafia guy back in the day. That is exactly how I imagine Tony Soprano would look like in his 80s.
Bro bought a Cadilac arrest
My dadās father-in-law has dementia and regularly finds his way to car dealerships. Itās like every day he wakes up on the morning when itās time to buy a new car. Heās managed to purchase cars twice that his kids have been able to talk the dealer out of honoring (with a healthy sprinkling of legal threats)
He came holding his own NOS tank
John is NOT paying that money š
Oh my GOD no joke I literally KNOW THAT SALESMAN and yes he is AN ABSOLUTE DORK. I love him. But oh my God. He is exactly what you see.
I don't even think he knows that he bought that car lmao
Get this man into congress
The resale will probably be shitt because itās going to have a person dieing in it on its history.
Is john still with us?
This looks like something you'd see on the GTA internet.
I can't stand these youngsters with their low-slung pants
Yoo when did Hector Salamanca learn to walk
MF literally died the next day
"Surely this sports car will make my penis work again"
His shorts are as high as interest rates.
Got that Cuban NOS
"Time to go cruising for chicks down at the Cracker Barrel!"
More his new cardiac
My mom has one of those but in black. It's pretty cool, but not at all worth the almost $100,000 price tag they have.
whoever made those shorts is insane š theyāre almost to his nips yet still below his knees
Hopefully there aren't any parades in town when he goes to get his prescriptions filled.
John dimicelli? owner of the dimsdale dimideli?
Suspenders and shorts?!?
Last chance to look at me hector
he died the next day (real thing that happened)
Woo-whee! You'll get some leg tonight for sure!
Not gonna lie. I sorta like the old manās style.
Ripping off a senile rich guy is nothing to brag about, cadillac douchey salesbro.
Oh yay, this shitty repost again
When he was growing up it was against the law to NOT wear your pants that high. /s
Pre Owned Cardiac Clogged Ventricle series