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My dad wants to buy a new car when he still 40k-50k in debt from a previous vehicle purchase. What should he do? : personalfinance

https://old.reddit.com/r/personalfinance/comments/w6u1u7/my_dad_wants_to_buy_a_new_car_when_he_still

My parents took out a loan and bought a jeep back in 2019 and now they don’t drive it because of the gas prices. My dad does Uber for extra money and says that it would be better if he buys a hybrid to save on gas.

Also whenever I bring up budgeting he hits me with the “it’s not that simple” talk

Also

I think you should pay out of pocket for your dad and mom to sit down with a financial planner or an accountant, a well-reviewed one who charges by the hour (avoid salesmen who will try to sell your parents investments and make money on commission).

I brought up talking to a financial advisor but my dad told me “what is he gonna tell me that I don’t know” .I even offered to pay for the session. Today is my last attempt to try and help him. After this I’m not helping

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It's a blessing to have non-r-slurred parents :marseysmugretard:

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Jesus christ this makes me feel sick. I'd hate if my parents were this stupid with money.


Secured my spot as a top 100 most memorable rdrama poster

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What kind of keep costs 50k? These people are poor and decide to buy what must be one of the most expensive jeep models? And then instead of selling it they want to take out a loan on another car? Ahhhhhhhhhhhhhhhhhhhh

posted in my 2002 Honda Civic.

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Look at this guy not harnessing the power of rolling negative equity.

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Even Wranglers are absurdly overpriced. Stereotypically, every rich sorority girl gets her dad to buy her. I imagine this dad is of the same Boomer phrenology.

That's why Ford makes the Bronco now. Jeep must make Porsche Cayenne Turbo-tier profit margins on those things.

![](/images/16586870915084836.webp)

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I did a comparison of our Bronco to a similarly-priced Wrangler. It wasn't even a contest, the only Plus on the Jeep was a solid front axle. We couldn't even properly compare a Sahara to Outer Banks because Sahara is 4-door only.

Less power, less features, less safety, smaller tires, and it looks like every other Wrangler made in the last decade.

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Good buy. Wow. Anyone who purchases a Wrangler when the Bronco is available is r-slurred.

Random aside: what trim/interior leather package is this? That brown full-grain is 🤤🤤🤤

![](/images/16586903866679647.webp)

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What an idiotic thing to say. Obviously you don't know anything about cars. The Wrangler is one of the most popular and iconic vehicles on the market, while the Bronco is overpriced and overhyped. Plus, the Wrangler has way more customization options, so you can make it look however you want. So please, enlighten us with your vast automotive knowledge and tell us why exactly the Bronco is better than the Wrangler. We're all dying to know.

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Man, GPT-3 never ceases to amaze me. You had me for a second.

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What, were you expecting a genie in a bottle? GPT-3 is just a machine, it's not magic.

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Pre-production shenanigans. We have the closest option, roast brown with black. The steering wheel and center console are not color-matched on production

![](/images/16586906097338238.webp)

They made some shitty choices. Interior color options depends on the trim, then there is a fixed 'interior accent color' per trim (seen here is Blue for Outer Banks), then on 2-door you have the exterior paint visible in the front doors. If you have a red First Edition 2-door, you'll have orange highlights and a grey interior. Horrible combination. People had to b-word just to get Black as an option on First Edition.

This one is an Outer Banks as well (which also had Navy Blue as an option).

![](/images/16586909838768167.webp)

Big surprise, interior designers were foids

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Man, that sucks. They showed off the most beautiful leather I've ever seen in a sub-$250k car (like seriously, the closest I've seen on a non-coachbuilt car is a $4000 option on Porsches and Ford basically said "whoopsies, we won't sell it lol"

![](https://media.giphy.com/media/w3j54RqQkzY9W/giphy.webp)

Maybe I'm being neurodivergent about leather here, but look at that color variation! Doesn't it look like vegetable-tanned, like this from /r/leathercraft!?

![](/images/16586917749611542.webp)

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Ended up going outside again today.

Better picture of the production brown, and at least it goes well with the green paint. Dashboard has a slight coppery hue on this trim too. Still nowhere near as good as the prepro

![](/images/16586990735933347.webp)

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Mmm that green and brown is such a good combo! Excellent choice

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The pre-production is definitely too good for this world

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God darn I’m out of the loop. i always thought wranglers were kind of cool and kinda wanted one, but I thought they would be like, 25k?

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You should be right; they're worth no more than $25k MSRP. But the average new car price is now $47,000 and FCAU figured out they can get away with murder since it was the only car of its kind until the Ford Bronco finally came out, tacked on $10k because normies don't realize the Bronco exists yet.

Go configure one for yourself! (I do love these) https://www.jeep.com/bmo.wrangler.2022.html#/models/2022/wrangler

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the grand wagoneer is pretty nice, goes upwards of 80k iirc

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posted in my 2002 Honda Civic

same, it's a fun clunker

I've been considering upgrading to a hybrid because of gas costs though, should I pull the trigger?

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Yes pull the trigger.

Now concerning buying a hybrid to save on gas costs, I wouldn't because in the long term it really doesnt make financial sense when you factor in not just the upfront cost, but the extra cost of maintenance and potentially a battery replacement in the future. You can't bring it to any old mechanic if something goes wrong with the electric side even if you "break even" on the upfront cost eventually. Do your own calculations though because I'm too lazy to actually figure this shit out for you.

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You sound like a slowstrag. Want milage and not to refuel? Then get get an electric car lmao. But an ICE in the Year of our Lord 2022? Go performance or bust. Type Rs are sick.

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Go performance or bust. Type Rs are sick.

You sound like a type R. :!#marseyspecial:

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:taylaugh: :taywink: :taywine2:

You genuinely got me, lol

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New or used? What year range?

Upgrade to a Type R

![](/images/16586922195815203.webp)

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Chevy Volt is the cheapest used PHEV right? Idk much about cars

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Probably those or Nissan Leafs. I've heard BMW i3s are the best deals (like, maybe of all cars, not just hybrids). If I was in the market, I'd look at those.

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Sorry citizens but the tax rate is going up 0.5% to pay for this guys 2019 Mercedes C Class with negative equity. Its not his fault, socioeconomic factors presented him no other option

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Odjtdxkgayedckgtck jrsgkzursjgxzklclhclhc xjfsurayayrdkerwu gf itckpx I'll

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hat

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Why white people can't save money?

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can they do anything right other than genocide?

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I work in a moderately large city, live outside of it in a small town / rural community. I know so many guys who just have to have the giant butt brand new trucks, and I'm just like... I know what you do for a living, you can't afford that, your finances must be an absolute shit show. I guess being a man means big butt new truck? Just proving yourself to be a child with how you think about money is what you're doing. There's no "peepee size compensation" or whatever predditors would soyplain about. They're just dumb with money and think it brings their status points up, which it may... with other incomprehensibly dumb people. No different than some 20 year old cooze running up credit cards on cute handbags and shoes.

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Big truck gets you big kitty

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Remember everyone, the idea that poor people are ever poor because of their own bad decisions is just an at-right white supremacist Nazi chud dog whistle though.

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Imagine doing uber when youre 50 lmao

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More people need to lease cars. I’m fricking serious.

I traded in my old 2005 f-150 with some cash in feb for a 2022 f-250 king ranch and though I don’t technically own it, I pay peanuts for it and at the end of the lease you just sell it back to them since trucks are always in demand and wave milage limits for another brand new truck. Buying and owning vehicles is such a scam unless you’re a rentoid I suppose.

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:#marseysmoothbrain:

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With a wit like that, me responding to you would be the internet equivalent of beating up a small child. So instead I will refrain, enjoy a snickers, and hope to god you kids are not serious about this person. Here's your upvote, you little creep.

Snapshots:

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Spend less on cars

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