They all felt like they “needed” a nice car and bought one at a crazy rate. Or some even took out crazy car loans to repair their current car. Like the perception that you need a nice car is crazy.
A lot of people are actually upside down on their car loans. Those he can he tries to convince to sell their cars, but they straight up fight him on it even after he breaks down how financially devastating it is to have a depreciating “asset” that has a 20k loan at 30% interest rate.
Here are some more shorts of people with insane car choices. Basically 9/10 of his episodes have people with bad car loans, these are clips of just the worst ones. If you search his channel for “Car loan” or “car debt” a ton of his full episodes mention car debt in the title because of how many people are utterly ruined by it.
(Also fair warning, he’s super abrasive and direct on people who put themselves into really stupid debt.)
https://www.youtube.com/shorts/Y5bgcbEe884 https://www.youtube.com/shorts/GQ5WJCRM804 https://www.youtube.com/shorts/in9C032P43M https://www.youtube.com/shorts/Nnj47Pf7DAM https://www.youtube.com/shorts/YyvMK81uw98 https://www.youtube.com/shorts/_TKFkS7watk https://www.youtube.com/shorts/Nbiic9ACXh4 https://www.youtube.com/shorts/gGeXQbhLccU
So yeah, fuck car culture that makes this possible and convinces people it’s okay.
Oh yeah 100%.
Like his advice isn’t the most advanced. But it’s for people who legit didn’t think there was any problem with getting a 30% interest car loan. Today he had a guy who somehow had a 106% loan?1?!? Of course it was to fix his broken car as well!
His show is to try to shake people and give them the kick in the pants they need to crawl out of a mountain of debt, while also scaring people away from touching bad debt. Which we apparently need a ton in this world…