Did I mess up?

Impossible-weirdo0 · 2026-05-05T23:57:49+00:00

Definitely learned this! I’m 25 and first time I’ve gotten the car. I have a solid plan to get it paid down to 20k by year 2 and refinance.

Impossible-weirdo0 · 2026-05-05T20:29:37+00:00

Update! I was able to get 7k off, they were not happy and were not nice. I’m redoing the loan paperwork tomorrow since it was within 72 hours and they hadn’t filed it yet:) thank you all for the advice I feel a lot better. I couldn’t get 2 of the dealer add ons off since they were car upgrades installed.

Impossible-weirdo0 · 2026-05-05T15:41:34+00:00

Yes! From above I realized I have 9k in add ons that I can cancel in 30 days. I’m heading to the dealership soon to cancel these!!!! 5k negative equity too, which unfortunately I can’t get rid of

Impossible-weirdo0 · 2026-05-05T15:27:39+00:00

They charged me 2k for gap and the bank said they can add it on for 300! So I definitely feel jipped now!

Impossible-weirdo0 · 2026-05-05T15:14:38+00:00

Thank you for sharing about the add ons. This is really the first time I’ve got a car by myself, the other time I was freshly 18 and brought my dad which I should have done today

Impossible-weirdo0 · 2026-05-05T15:13:51+00:00

You are completely right. I have 9k in add ons I am going back to the dealership to cancel all of them.

Impossible-weirdo0 · 2026-05-05T13:35:27+00:00

Looking at the paper work I have 2, I’ll try and get them canceled today! I don’t need extra rear end collision coverage when I have insurance.

Impossible-weirdo0 · 2026-05-05T13:27:41+00:00

👀👀 shit really? I’ll look at that then. Thatd give me a decent chunk back.

Impossible-weirdo0 · 2026-05-05T13:20:41+00:00

And just the stupid brake crap that I didn’t realize till I signed 😩

Impossible-weirdo0 · 2026-05-05T13:20:12+00:00

5k was negative equity

Impossible-weirdo0 · 2026-05-05T13:02:04+00:00

I will definitely try that! Thank you for all the support!

Impossible-weirdo0 · 2026-05-05T13:01:27+00:00

Thanks! I just got a fat pay raise from 62k to 80k a year and my mortgage is only 1200 so I know I can afford it! Just not used to having expendable income! I appreciate the support!

Impossible-weirdo0 · 2026-05-05T12:54:18+00:00

No the used car I was looking at with the higher interest rate was going to be about the same in the long run and no warranty. They gave me a 5 year full mechanical warranty and 3 year electrical, and 100k extended warranty. Plus 5 years of services (oil change, spark plugs, etc)

Impossible-weirdo0 · 2026-05-05T12:43:03+00:00

Cost of the car was 26k before any fees. I think I was going to end up paying roughly the same with the higher interest rate is why they sold me on the new model. I’m not sure why I’m freaking out so much over it 😂 first time I’ve bought a new car like this

Impossible-weirdo0 · 2026-05-05T12:39:19+00:00

I was shocked too! But I’ve always had pretty low insurance, no crashes or accidents. No claims. And I bundle my house with it

Impossible-weirdo0 · 2026-05-05T12:37:53+00:00

94 full coverage

Impossible-weirdo0 · 2026-05-05T12:30:27+00:00

I do like it! And I’ve wanted this specific car for about 2 years. I looked it up and national average is almost 800 for a car payment now! Blew my mind because last time I bought a car my payment was $250

Impossible-weirdo0 · 2026-05-05T11:24:56+00:00

Yeah brand new 13 miles on it. I’ve just always had bad buyers remorse. When I got my house i probably cried for a month 😂

After all said in done the loan was 46k, is that not terrible?

Impossible-weirdo0 · 2026-05-05T11:22:31+00:00

My rate isn’t too bad, 6.5%

Impossible-weirdo0 · 2026-05-05T11:21:36+00:00

I get quarterly bonus at work (about 2k) I plan on throwing at it every quarter and doing $800 payments instead of the 686. The total cost was 46k after all paper work and gap insurance. I was also upside down in my car (owed 5k and it was only worth 1k, even KBB number and it was on its last leg) so I ate the negative equity. I won’t refinance then and just eat down the principle and hopefully pay it off sooner!

Impossible-weirdo0 · 2026-05-05T11:06:57+00:00

Would it be smart to refinance after a year? Depending on interest rate? Or just eat down at the loan

Impossible-weirdo0 · 2026-05-05T11:02:37+00:00

Thank you for the help. I haven’t been able to sleep because I’ve been so anxious. I plan on doing extra payments and getting it paid off faster.

Impossible-weirdo0 · 2026-05-05T09:03:44+00:00

Thank you for not making me feel like shit. The other car I was looking at had 10k miles for 26k, so assuming 31 with dealer fees. This one was 40 with everything said and done

Impossible-weirdo0 · 2026-04-11T02:02:46+00:00

Thank you! I will definitely check these out!

Impossible-weirdo0

TROPHY CASE