As a car enthusiast myself I still stand on the statement that no car is worth your financial health or future imo. The way you structure your loan is important if you choose to go that route. Stretching the term length for a lower monthly most of the time suggests that you might not be ready for that amount yet. Personally I’m aiming for 10-20% down and a term of 48 months MAX, especially on performance vehicles that are mainly purchased for pleasure. I’m still fresh in my 20’s and that’s just something I’ve come to realize. I’d imagine it hits different when you know on the back end business has been handled properly
@@danielnickson7955 Of course, sooner the better is how I feel about it unless it’s a super low APR but I wouldn’t take anything over 48 months in general though. Quite frankly with interest rates where they’re at right now even for top tier credit holders, unless it was for basic transportation that I needed right away I’d try to avoid a loan all together because these high rates make a difference with large borrowed amounts like that of a Hellcat. I remember just a few years ago you could lock in a 1.9% at some credit unions and right now that seems to be unheard of
@@danielnickson7955depends really on the person... yes you pay less interest but adversely you lose out on increasing your credit score and you're losing out on future positive payment history plus paying off early can lower your credit score.
Ordered new. Waited 7 months and Paid $82k cash out the door for my 21 Widebody redeye back in 21. Hagerty insurance is $1238 annually for $115k coverage. Set of Nitto drag radials for the rear $800. Oil change went from $100 last year to $200 this year. I only have 4K miles on it and drive it on nice weekends so I only put around $100-150 a month in gas.
Those are deceptive numbers. It’s much higher because I own one so stop the cap. Insurance like $350-500 and most have speeding tickets so they pay like $600-900 just for insurance. Monthly car payments are around like $1,600 - $2200. Gas $250 a week. Maintenance etc upgrades $5k a year minimum. This does not include upgrades plus tires. More like $2800 a month. Do not daily these cars very expensive
Get a used cat from a white owner or older guy or look in different markets and travel to pick it up. If you get it brand new from a dealer it's marked up. I have 2018 hellcat bought Nov 2021 it was 61k insurance 261 a month. All in all I spend 1100 month but I own my house so that balances that. He tripping tho If you driving these cars everyday you getting gas almost everyday especially if you're in a city
If I really wanted some affordable muscle these days I'd go for a used Camaro SS or something. Not paying over 30K for a car I plan to drive like a maniac lol. Especially when I don't even own a house yet
Not real muscle. Dodge is the only hemi. If it isn’t a hemi it’s not a muscle car. Fight me if you want idc they don’t even sound like muscle cars if they don’t have a hemi
You got to be patient. Do your research. Go out of state. I got a 2015 Challenger Hellcat with 11700. 50K. 7year/100,000 mile warranty factored into the payment. You can find a good deal. Keep up with the great content. Listening to you saved me thousands and I got the car I wanted.
Used 2014 charger V-6 monthly costs, $ 450.00. insurance $56.00 monthly , car payment $175.00. gas $100.00 monthly, $150.00 worth of motor 🛢️ oil per month.. Balling on a budget bro 😊.
My guys sounds liked he regret getting that hellcat low-key and that's what I heard from all previous hellcat owners the same thing it's not worth it basically keep your scat pack and put upgrade parts on it and save yourself the headache in the trouble & finance problems
I kept my scat and still bought a hellcat redeye, this car is so much fun to drive. I let the wife drive the scat once a week so its not sitting, I get 200 smiles per tank but I didn't buy it for gas mileage, basically if you want it work your ass off and get what you want and enjoy it,
@@jameswright7546 it’s more to life than cars not everyone wants to dump all there money into a car. Having a fast car is not important to me anymore. I much rather travel and create memories with my family. And stash cash away for my kids. When ever I get the urge i just rent a muscle car or super car for a few laps at the track with a local company.
In new york a full tank costs about $70.00. Insurance for anything rt and above is $450.00 or over. Owning a hellcat in nyc is ridiculously expensive. This don’t even factor in monthly payments, which in NY is also ridiculous
i ordered my 2022 hellcat in april of 22 & got it in August. leased it and my payment was at $671 a month. traded my 21 scat pack in with positive equity. after everything my “down payment” came out to $14000 rounded up. i got a great deal.
@@bigpopa1971 you have 3 options whenever you lease a car. when the lease is over, you can return the vehicle & walk away with nothing. 2, you can sell the car & collect the $$ or you can trade it (like i did) for another. 3, when you lease you have the option to keep the car but you just pay for it for a longer term basically. the lease gives you a cheaper payment.
Your videos are extremely well thought out and put together. I appreciate the candor and common sense approach. Great job on keeping it real and practical!
Hey fam, I think you’re right on target! give or take a few hundred here and there… living out here in Washington state gas is ridiculous… My RT is my daily and I love it. Do I want more power? Of course! But my budget says sit your butt down! Hahaha!! You’re blessed with the beautiful ride you have! Enjoy!! Thanks for sharing as always!!!🫡
Leasing or financing a hellcat under a business name is the way to go because you can write off everything on the car at the end of the year with your taxes.
My 2021 scatpack widebody gas ⛽️ at $4.69 gallon with a 17 gallon tank am paying $84 dollars now to fill up now because so high right now I know you paying over a hundred in gas to fill up
I bought my house BRAND NEW 3000 square foot@ 465k and my mortgage is only 1918 a month. My 2021 Charger Scat was 46k. The 2023 prices are disrespectful and INSANE.
My 2021 mustang gt was 40 and after tax 44. I had negative equity so after they added that on it was 52 ish. Currently at 913 a month. Factoring in gas I’d say 1150-1200. Still has ford gold warranty so brakes etc are covered for another 14k miles lol.
If you can’t save the money for a decent down payment, then you can’t afford the car. Save up, buy a used Hellcat in a couple of years and save a ton of money.
@@RARochesterI bought a used Scatpack with 1 owner it was a 2020 and it was well taken care of not everyone dogs these cars out. He never even did a burnout in it and I don’t plan on ever doing one either. I never thought I would ever own anything this nice and I will more than happily replace anything that fails because I never plan on getting rid of it. I know there will never be another vehicle that will bring me as much joy as this one has. I am going to eventually build all the internals until it’s supercharger safe and I will be flatlining hellcats and still will have saved over 30k rather than buying a hellcat. Also Built = Better and cooler than bought. If you love something enough you will do whatever it takes to make it last and take care of it. I highly recommend buying used I got mine fully loaded for 40k and if I would have bought this same scatpack as a 2023 new it would have been almost double the price
@@4doorsmorewhores630 Why are you chasing me down ? It's my opinion to not take the chance; you got lucky and good for you. I'd rather buy brand new because as the original owner the Lemon Law is in effect and I work too hard to buy anything used; I'd rather wait and buy brand new. In this economy buying new is worth it because used are selling for close to the same if not more; you sound like you bought from a private buyer because you're familiar with the history of the vehicle. I special ordered my 2021 Challenger WB and it was the best decision for me; you bought used and it was the best decision for you. My post still stands because generally speaking these cars do get abused. BTW, don't kid yourself; you ain't flatlining ANY Hellcat especially the Redeye no matter what you do.......I've gone up against one and it's a COMPLETELY different animal.
I know what you mean by blowing past the other cars, My V-6 is like driving a Lamborghini. Nothing is never out of reach, GT 500, Hellcat red-eyes, jailbreaks, you name it, I'll claim it.
Saying and doing it are two different things in a criminal court where the burden of proof is high. However, in a civil court, admitting to this level of reckless driving is a financial liability. If you ever have an accident in that car. whether it was technically your fault or not, they're going to play this video to the jury. That Hellcat is going to cost you much more than you ever dreamed if that ever happens.
There is no way in living hell I would pay $1200+ for a care note payment even If I could afford it. It's a waste of money going into nothing that appreciates in value. Throwing good money at bad. If the car was sitting in a garage not being driving regularly and remained in pristine condition, maybe it would have some appreciation years and years later, but that's to be determined. It's not a famous painting that has an appreciated value and climbing. Even right now with the interest rate and inflation situation, you could easily be looking at a well over an $800 payment with good credit for a basic car. While I look some of the new Muscle cars including the Mustang 2024, there is no way in living hell I would trade in my existing Muscle for a new one with these prices and BS dealer markups. As far as I am concerned, the dealers who pull this markup game can go under in the end. Repos as of July 2023 are up to 20K nationwide for just that month.
May want to consider getting a Tesla as a daily and buying Tesla insurance and driving it conservatively. I'm doing that and monthly payments per vehicle doesn't matter what vehicle, your age, or anything it's around 70$ per any vehicle for full coverage. As long as you drive safe in the Tesla you can basically cover a hellcat on your policy for 70$ and drive it how ever you want
WHATS EVEN MORE SURPRISING: the interest amount, if you carry the loan for the full 7, 8 years without paying it down sooner (which means youd be paying more monthly) it's like 20-30 k in interest. WOW ANOTHER THING: what about yearly car tax that you have to pay " just for owning" - - that's another couple grand each year. Divide that amount by 12 months. $950 goes towards the actual price the other $250 is interest monthly...for the next 8 LONG YEARS
Looking back at it i could of got a hellcat for how much I've put into my modified 5.7 Daytona. Purchased the car brand new from the dealership. Current prices are crazy and i ended up moving from the Midwest to PNW and the rent/housing market here is ridiculously high. I make good money on the raildroad but I'll settle for my Daytona and just boost it.
My hellcat is my daily. Guess I'm stupid, lol. $1,500 includes insurance. I could afford much, much more, but I choose to keep my debt on the low end of what I can afford so I can invest in assets instead of spend on liabilities.
Bro is hurting & regretting this ish to be big man on campus! It's hilarious you had it good with the scat & could have added to it. But you got greedy & now your here....& Your channel is going to flatten out with this lil bit of content. Then your going to have to bring something new like different to the channel then what.?cause you literally just bought that.
When you finance a car, your insurance is automatically gonna be higher than if you own the car because you're essentially loaning the vehicle from the bank so they want top-tier insurance coverage and if you owned your own hellcat, your insurance would be a whole lot cheaper depending on driving record, etc.
How can someone afford a $2k/m car payment unless you’re living with your parents or rent free????? I make ok money and I know I can’t afford that! 😞. Where do people make their money? Can I get in on that too???? 😂
I have a 2021 dodge challenger widebody hellcat red eye with 13k miles I had it for almost a month now the asking price was $84k but after all the negotiations I got it for $74000 out the door I put $16000 down with a 9.2 interest rate with a monthly car payment of $1217 a month with the taxes, tags and title fees it drove the price back up. Full coverage insurance I pay $577 per month currently. When I first got a quote for insurance for a regular hellcat it was just $388 per month and I’m 35 when I got a quote for the hellcat red eye they had the quote higher and the insurance companies don’t call the red eye hellcat a hellcat in there system. I don’t drive it a lot but hear where I live on the east coast premium gas is about 5.11 to 5.30 per gallon and on a empty tank the car rounds out to be $74 to $79 on a fill up
Great information. Also remember that most states also have some form of license tag renewal, and that can also get pricey based on the valve of the vehicle.
Don’t ever compare to Mercedes…. AMG or not labor on a Mercedes is extreme…. A coolant hose and oil gasket on the top of my engine was 3k wasn’t a big job done in 4 hours .
I would like to get a Challenger Redeye and pay cash for it, I wouldn’t be daily driving it under any scenario since I don’t want to add miles in a car that I’ll be keeping for a very very long time. My current nice and fun to drive car is filled about once a month, sometimes even longer than that.
People these are solid approximate numbers; I was looking at getting a Hellcat WB and the markup was over $25k and the Hellcat NB's was $10k. I'm keeping my Scat WB Challenger I special ordered in 2021; one tire alone on this bad boy is $749.00 that includes disposal fee, mounting, alignment and balancing. These cars aren't cheap.........
Edmunds says the true cost to own is just over $2,000 a month (for the first 5 years). My local dealer has a new Hellcat and they're asking $83,412 for it. Most financial advisers will tell you your car should cost no more than 1/2 your annual salary. Unless you're making $14,000 a month, a Hellcat is not something you need.
Bro let me tell u something got my 2018 dodge durango srt in February. Monthly payments 1,118 plus my insurance is 400 not including my 2019 toyota rav4 limited thats 495 Monthly and 268 for insurance good luck to anyone who wants a SRT its worth it in the long run tho 😂
Not flexing but I have no problem owning a hellcat my Business funds all my cars and I own some commercial Businesses to help cover my living expenses and stuff, definitely gotta have a lot of money though if your working a 9-5 and have kids.
Eco mode basically starts u off in 2nd gear rather than 1st. Also all the v8’s have cylinder deactivation so eco mode allows for 4 cylinders to be deactivated during cruising speeds to help save fuel.
Maaan, I stay in LA. I had a custom made from the factory, a 2020 scatpack widebody, exactly how I wanted it. I was daily driving it. Now, I put 14k down for the down-payment and my monthly was like $675. But since I was daily driving it, I was spending around $1100 or sometimes $1200 on GAS ALONE. that's not including insurance, and maintenance that my Scat needed, new brakes & rotors like 4k (all 4 corners). I was spending more on gas than the actual monthly payment on my car. I never complained about it cuz I enjoyed driving my Scat and I make enough money for it. Just recently, my Scat was stolen 2 month ago. Luckily my car was fully covered, my insurance cut me a check for 60k 🎉😁 I wanted a fast car but more easy on "filling it up". Long story short, I ended up getting a Tesla Model Y Performance 😎 It has more space for my son and me, the charger cost from 20% - 100% like $13 😂 my monthly payments is like $460. I've raced hellcats, camaros ZL1, and other random cars, from a dead stop at the light AND on a roll on the freeway and its no competition lol my model y performance cooks all of them lol AND since I live in Cali, and because it's an electronic vehicle, I get a $7500 federal tax credit and on TOP of that, a California incentive of $2000 🎉😎 so, I get $9500 back just cuz I get this car lol it all worked out for the best in my case lmao thanks to whoever stoled my Scatpack 😂LMAO
@UA-camDislikesConservativeidk my dude, I loved my Scatpack widebody. But, it's old technology now. My Tesla beats my Scatpack widebody in every aspect, except in style & character. Everything else, it beats it. My dude, how would u feel if you pulled up beside me, in my model y performance, with your LOUD V8 (which only SOUNDS good) just to get beat by me, with groceries in my car coming back from Vons, and with only 1 hand on the steering wheel, texting my girl on the other hand "hey baby, what do u want to eat tonight?" While you're struggling to keep up with me? LMAO 🤣 How would u feel? Lmao
If you can’t put down near 20% these numbers are different but nobody wants to or can afford put down that much money on a depreciating asset/liability. Plus negotiating the payments isn’t the best practice, negotiate the MSRP. Just my advise
@@BigDilf3 there’s no way he’s paying 500$ for a scat pack with everything (insurance, gas etc.) smh. That makes zero sense, unless he paid it off but he didn’t state that so I’m assuming (like 85% of people) that he financed it. Which the average cost for one is 500-750. 9/10 you ain’t about to pay a scat in a cash let’s be real.
If anyone is worried about the gas and oil costs of a Hellcat u def can't afford the car! 😂 MPG? Who gives a sh*t! It's smiles per gallon for me... Love it when he says he turns into something else behind the wheel of a Charger Hellcat! Jekyll and Hyde right there! Thanks 360!!!!
why wouldn't you just buy the car out right? Wouldn't it be a lot cheaper I'm bout to buy one on out right the only thing I'm gonna have to worry about is maintenance and insurance
Also pirelli's are not the best especially all-seasons. Most Hellcats that lose races lose because of the tires. Spend the extra to get something sticky. And if you really really need all-seaons get some Continental DWS06+. But I say stay on summers and park it if the weather is super cold and wet if you are in the south.
I’m 25 with a 2017 RT. Everyone clowns it but I only owe about 12k on it. I can pay it off with my savings if I really want to but I rather keep making double payments on it so the credit bureau can see my consistent payments 😂
Ouch!!!! I own a 19 scat and I can afford it. If I live at home with my parents and don’t need to pay rent I’ll be driving a hellcat. I live in Cali and it’s expensive here.
Great content and really good and honest information. As far as you Cat , it's a fun investment, you have your fun and you are investing into your channel to keep it going and growing. Looking forward to more content.
😮 Oooh, my goodness!! Chrysler should be ashamed of themselves, but this wouldn't happen if they had competition price. It wouldn't be so high, but i take my hat off to you, sir, for being very honest with people..
95k @ 8% interest rate @ 84/mo. is $1,584 knockout if you paid 88K even with a 6% interest rate @ 84 months is $1,376/mo. then i know your paying at least 300$/mo in insurance = 1,676… now unless you had a down payment/trade u cappin 🧢..
Where the hell are people getting their oil changes at???? I worked at valvoline and I've did oil changes on hellcats scats AMGs and I've never seen a $200 ticket before unless they got EVERY service almost. But those turbo diesels trucks are forsure 160-200+ everytime. Y'all getting finessed out here
I was lucky to be able to pay mine cash and only pay $100 a month for full coverage insurance I only have 1500 miles on mine since I bought it in January took it up to 140 and just drive it for the fun of it. Cannot figure how the young generation can afford this car. They probably lease it and destroy it for the price. Got to show some respect for your investment.
My 2021 charger scat pack wide body was fully decked out and cost 68500. All options except sunroof. I pay 945 A month 0 percent interest for life through the Dodge financing. My insurance is 165 a month. the hellcat ran about 1200 a month. Mine is a daily driver but I work less than 1 mile from home. Only have 1300 miles on it. To be honest the 392 is plenty power. The price difference isn't worth it. You throw a 392 in sport or track its plenty of power. I'm glad I just went with the scat pack wide body overall. But.... You have to get the wide body or your talking a completely different looking vehicle. Those little 275's instead of 305. It all depends on your credit. Going to be a he'll of a lot cheaper with good credit. Also do not forget if you don't make at least 2 to 2 and half times what the car cost annually you will need a co signer you can forget about getting one of these. They won't approve you.
I love this, but I look at it like this. As an ADULT, you should know what you can and can not afford. It cost to be the boss, and I daily drive my car. Mopar girl through and through❤️
As a car enthusiast myself I still stand on the statement that no car is worth your financial health or future imo. The way you structure your loan is important if you choose to go that route. Stretching the term length for a lower monthly most of the time suggests that you might not be ready for that amount yet. Personally I’m aiming for 10-20% down and a term of 48 months MAX, especially on performance vehicles that are mainly purchased for pleasure. I’m still fresh in my 20’s and that’s just something I’ve come to realize. I’d imagine it hits different when you know on the back end business has been handled properly
Also I think it’s good if you can even pay that car off quicker then 4 years I plan on having mine paid off in 2 year with the 4 year loan or sooner
@@danielnickson7955 Of course, sooner the better is how I feel about it unless it’s a super low APR but I wouldn’t take anything over 48 months in general though. Quite frankly with interest rates where they’re at right now even for top tier credit holders, unless it was for basic transportation that I needed right away I’d try to avoid a loan all together because these high rates make a difference with large borrowed amounts like that of a Hellcat. I remember just a few years ago you could lock in a 1.9% at some credit unions and right now that seems to be unheard of
@@danielnickson7955depends really on the person... yes you pay less interest but adversely you lose out on increasing your credit score and you're losing out on future positive payment history plus paying off early can lower your credit score.
Ordered new. Waited 7 months and Paid $82k cash out the door for my 21 Widebody redeye back in 21. Hagerty insurance is $1238 annually for $115k coverage. Set of Nitto drag radials for the rear $800. Oil change went from $100 last year to $200 this year. I only have 4K miles on it and drive it on nice weekends so I only put around $100-150 a month in gas.
Not bad. Yeah 2021 was the last year to get a decent deal
@@f8widescat392 last of the power dollars. Also got Friends&family and military discount. Was around 12% under sticker
youre not black
I own a Hellcat. That's not what the bank says until the last payment is made.
Pretty much !!
Facts
Those are deceptive numbers. It’s much higher because I own one so stop the cap. Insurance like $350-500 and most have speeding tickets so they pay like $600-900 just for insurance. Monthly car payments are around like $1,600 - $2200. Gas $250 a week. Maintenance etc upgrades $5k a year minimum. This does not include upgrades plus tires. More like $2800 a month. Do not daily these cars very expensive
Cap
Think I’ll just keep my scat 😅
Amen to that 😂
You can always swap to a hellcat engine whenever you want it’s a win win situation.
Get a used cat from a white owner or older guy or look in different markets and travel to pick it up. If you get it brand new from a dealer it's marked up. I have 2018 hellcat bought Nov 2021 it was 61k insurance 261 a month. All in all I spend 1100 month but I own my house so that balances that. He tripping tho If you driving these cars everyday you getting gas almost everyday especially if you're in a city
Right ✅️
You smart😂
No shot you are getting it for $1200/month
If I really wanted some affordable muscle these days I'd go for a used Camaro SS or something. Not paying over 30K for a car I plan to drive like a maniac lol. Especially when I don't even own a house yet
2013-14 Mustang GT
smart!
Not real muscle. Dodge is the only hemi. If it isn’t a hemi it’s not a muscle car. Fight me if you want idc they don’t even sound like muscle cars if they don’t have a hemi
@@4doorsmorewhores630as a dodge guy myself the charger has been my favorite car since 2010
@@4doorsmorewhores630so much muscle but still slower than a 5.0gt and ss
You got to be patient. Do your research. Go out of state. I got a 2015 Challenger Hellcat with 11700. 50K. 7year/100,000 mile warranty factored into the payment. You can find a good deal. Keep up with the great content. Listening to you saved me thousands and I got the car I wanted.
That’s what I’m talking about. Forget a new one.
What state did you buy in? I’m in the market for one but not in south Florida, they love to Jack there prices a bit
Used 2014 charger V-6 monthly costs, $ 450.00. insurance $56.00 monthly , car payment $175.00. gas $100.00 monthly, $150.00 worth of motor 🛢️ oil per month.. Balling on a budget bro 😊.
Good for you bro... not everyone needs a 1k+ monthly payment to enjoy their car. 💯
And that's my setup 😂
Bruh 450 for a v6????
@@SRTKOVAthat must be market adjustments and or high interest rate
385
My guys sounds liked he regret getting that hellcat low-key and that's what I heard from all previous hellcat owners the same thing it's not worth it basically keep your scat pack and put upgrade parts on it and save yourself the headache in the trouble & finance problems
I bet he does I refuse to eat ramen every day just to say my car is fast not worth it.
@@joshlamar1990fr I like going to nice restaurants without worrying about these car payments 😅
@@glare306 fr life can get pretty boring when a car takes all your money. And you can’t do nothing else.
I kept my scat and still bought a hellcat redeye, this car is so much fun to drive. I let the wife drive the scat once a week so its not sitting, I get 200 smiles per tank but I didn't buy it for gas mileage, basically if you want it work your ass off and get what you want and enjoy it,
@@jameswright7546 it’s more to life than cars not everyone wants to dump all there money into a car. Having a fast car is not important to me anymore. I much rather travel and create memories with my family. And stash cash away for my kids. When ever I get the urge i just rent a muscle car or super car for a few laps at the track with a local company.
In new york a full tank costs about $70.00. Insurance for anything rt and above is $450.00 or over. Owning a hellcat in nyc is ridiculously expensive. This don’t even factor in monthly payments, which in NY is also ridiculous
i ordered my 2022 hellcat in april of 22 & got it in August. leased it and my payment was at $671 a month. traded my 21 scat pack in with positive equity. after everything my “down payment” came out to $14000 rounded up. i got a great deal.
great deal right there 😮💨
traded my 2021 scat pack charger for 2022 hellcat charger **
Are you saying you traded in a car you were financing with positive equity for a leased car that you're not going to own when the lease is over?
@@bigpopa1971 you have 3 options whenever you lease a car. when the lease is over, you can return the vehicle & walk away with nothing. 2, you can sell the car & collect the $$ or you can trade it (like i did) for another. 3, when you lease you have the option to keep the car but you just pay for it for a longer term basically. the lease gives you a cheaper payment.
@@bigpopa1971i was thinking that too
Your videos are extremely well thought out and put together. I appreciate the candor and common sense approach. Great job on keeping it real and practical!
Hey fam, I think you’re right on target! give or take a few hundred here and there… living out here in Washington state gas is ridiculous… My RT is my daily and I love it. Do I want more power? Of course! But my budget says sit your butt down! Hahaha!! You’re blessed with the beautiful ride you have! Enjoy!! Thanks for sharing as always!!!🫡
Ima call it a day at the widebody scat 😂
Leasing or financing a hellcat under a business name is the way to go because you can write off everything on the car at the end of the year with your taxes.
My 2021 scatpack widebody gas ⛽️ at $4.69 gallon with a 17 gallon tank am paying $84 dollars now to fill up now because so high right now I know you paying over a hundred in gas to fill up
I bought my house BRAND NEW 3000 square foot@ 465k and my mortgage is only 1918 a month. My 2021 Charger Scat was 46k. The 2023 prices are disrespectful and INSANE.
My 2021 mustang gt was 40 and after tax 44. I had negative equity so after they added that on it was 52 ish. Currently at 913 a month. Factoring in gas I’d say 1150-1200. Still has ford gold warranty so brakes etc are covered for another 14k miles lol.
How down payment did you put on the house ?
If you can’t save the money for a decent down payment, then you can’t afford the car. Save up, buy a used Hellcat in a couple of years and save a ton of money.
A used Hellcat? In this era of drivers? Lol I'd rather get the Banshee
You mean well but you don't buy a used Hellcat or Scatpack. I'd rather not take the chance.
Very true. It would be hard to get a Hellcat that’s not abused.
@@RARochesterI bought a used Scatpack with 1 owner it was a 2020 and it was well taken care of not everyone dogs these cars out. He never even did a burnout in it and I don’t plan on ever doing one either. I never thought I would ever own anything this nice and I will more than happily replace anything that fails because I never plan on getting rid of it. I know there will never be another vehicle that will bring me as much joy as this one has. I am going to eventually build all the internals until it’s supercharger safe and I will be flatlining hellcats and still will have saved over 30k rather than buying a hellcat. Also Built = Better and cooler than bought. If you love something enough you will do whatever it takes to make it last and take care of it. I highly recommend buying used I got mine fully loaded for 40k and if I would have bought this same scatpack as a 2023 new it would have been almost double the price
@@4doorsmorewhores630 Why are you chasing me down ? It's my opinion to not take the chance; you got lucky and good for you. I'd rather buy brand new because as the original owner the Lemon Law is in effect and I work too hard to buy anything used; I'd rather wait and buy brand new.
In this economy buying new is worth it because used are selling for close to the same if not more; you sound like you bought from a private buyer because you're familiar with the history of the vehicle.
I special ordered my 2021 Challenger WB and it was the best decision for me; you bought used and it was the best decision for you. My post still stands because generally speaking these cars do get abused. BTW, don't kid yourself; you ain't flatlining ANY Hellcat especially the Redeye no matter what you do.......I've gone up against one and it's a COMPLETELY different animal.
1200 ha if you finance 84 months on a 88k car more like1700 with these interest rates
I know what you mean by blowing past the other cars, My V-6 is like driving a Lamborghini. Nothing is never out of reach, GT 500, Hellcat red-eyes, jailbreaks, you name it, I'll claim it.
Let’s see it.
This is crazy of people is paying this much for a car.. not worth it
Couple days ago I checked out the lease in Southern California for brand new hellcat and they're asking for over 1200 a month with 16 K down!!!
Bro just confessed to a felony
Saying and doing it are two different things in a criminal court where the burden of proof is high. However, in a civil court, admitting to this level of reckless driving is a financial liability. If you ever have an accident in that car. whether it was technically your fault or not, they're going to play this video to the jury. That Hellcat is going to cost you much more than you ever dreamed if that ever happens.
There is no way in living hell I would pay $1200+ for a care note payment even If I could afford it. It's a waste of money going into nothing that appreciates in value. Throwing good money at bad. If the car was sitting in a garage not being driving regularly and remained in pristine condition, maybe it would have some appreciation years and years later, but that's to be determined. It's not a famous painting that has an appreciated value and climbing. Even right now with the interest rate and inflation situation, you could easily be looking at a well over an $800 payment with good credit for a basic car. While I look some of the new Muscle cars including the Mustang 2024, there is no way in living hell I would trade in my existing Muscle for a new one with these prices and BS dealer markups. As far as I am concerned, the dealers who pull this markup game can go under in the end. Repos as of July 2023 are up to 20K nationwide for just that month.
I wonder how much he makes annually? Depending on that then the monthly is either outrageously silly or a non issue if you can afford it
UA-cam covers it makes sense for his channel
May want to consider getting a Tesla as a daily and buying Tesla insurance and driving it conservatively. I'm doing that and monthly payments per vehicle doesn't matter what vehicle, your age, or anything it's around 70$ per any vehicle for full coverage. As long as you drive safe in the Tesla you can basically cover a hellcat on your policy for 70$ and drive it how ever you want
Great info, thanks
1,200 a month is insane😳🤯
Probably more than that depending on how much you put up front
That’s not high at all.
@@blxke2468 ok sure😂
Anything over 70k yo pay 1400 and up. Just part of the game
@@Tracklyfe_T yeah but that’s not something I would do🤷🏾♂️. Everybody is different not judging ppl on what they do.
That is about what I pay for my mortgage…for a house!
Glad I got my scat when I did. No more payment at this point
If u can’t afford the price of a Scat or Cat then don’t buy one.. It’s just that simple.. 💯
What do you mean by that ? 🤔🤔 I don’t have one but I’m tryna get one
WHATS EVEN MORE SURPRISING: the interest amount, if you carry the loan for the full 7, 8 years without paying it down sooner (which means youd be paying more monthly) it's like 20-30 k in interest. WOW
ANOTHER THING: what about yearly car tax that you have to pay " just for owning" - - that's another couple grand each year. Divide that amount by 12 months.
$950 goes towards the actual price the other $250 is interest monthly...for the next 8 LONG YEARS
Looking back at it i could of got a hellcat for how much I've put into my modified 5.7 Daytona. Purchased the car brand new from the dealership. Current prices are crazy and i ended up moving from the Midwest to PNW and the rent/housing market here is ridiculously high. I make good money on the raildroad but I'll settle for my Daytona and just boost it.
Alot of people sleep on us RT owners. If they only knew 🤫
My hellcat is my daily. Guess I'm stupid, lol. $1,500 includes insurance. I could afford much, much more, but I choose to keep my debt on the low end of what I can afford so I can invest in assets instead of spend on liabilities.
Bro is hurting & regretting this ish to be big man on campus! It's hilarious you had it good with the scat & could have added to it. But you got greedy & now your here....& Your channel is going to flatten out with this lil bit of content. Then your going to have to bring something new like different to the channel then what.?cause you literally just bought that.
Hater
Monthly cost of owning cheap mark up price JUNK =Dodge/Fiat
When you finance a car, your insurance is automatically gonna be higher than if you own the car because you're essentially loaning the vehicle from the bank so they want top-tier insurance coverage and if you owned your own hellcat, your insurance would be a whole lot cheaper depending on driving record, etc.
Flo quoted me 1200 a
Month for used Hellcat insurance
900 for Charger r/t
700 for scat pack 2 door
And 500 below for
Durango R/T
So
I got a wrx lol
How can someone afford a $2k/m car payment unless you’re living with your parents or rent free????? I make ok money and I know I can’t afford that! 😞. Where do people make their money? Can I get in on that too???? 😂
Work blue collar for 5 years and don’t slack off can easily clear 100-150k + commission a year
I have a 2021 dodge challenger widebody hellcat red eye with 13k miles I had it for almost a month now the asking price was $84k but after all the negotiations I got it for $74000 out the door I put $16000 down with a 9.2 interest rate with a monthly car payment of $1217 a month with the taxes, tags and title fees it drove the price back up. Full coverage insurance I pay $577 per month currently. When I first got a quote for insurance for a regular hellcat it was just $388 per month and I’m 35 when I got a quote for the hellcat red eye they had the quote higher and the insurance companies don’t call the red eye hellcat a hellcat in there system. I don’t drive it a lot but hear where I live on the east coast premium gas is about 5.11 to 5.30 per gallon and on a empty tank the car rounds out to be $74 to $79 on a fill up
Great information. Also remember that most states also have some form of license tag renewal, and that can also get pricey based on the valve of the vehicle.
Don’t ever compare to Mercedes…. AMG or not labor on a Mercedes is extreme…. A coolant hose and oil gasket on the top of my engine was 3k wasn’t a big job done in 4 hours .
I would like to get a Challenger Redeye and pay cash for it, I wouldn’t be daily driving it under any scenario since I don’t want to add miles in a car that I’ll be keeping for a very very long time. My current nice and fun to drive car is filled about once a month, sometimes even longer than that.
People these are solid approximate numbers; I was looking at getting a Hellcat WB and the markup was over $25k and the Hellcat NB's was $10k. I'm keeping my Scat WB Challenger I special ordered in 2021; one tire alone on this bad boy is $749.00 that includes disposal fee, mounting, alignment and balancing. These cars aren't cheap.........
Not cheap at all.
Before I traded my Cat for CTS I was paying 1200 a month🤷🏾♂️my CTS so much more smoother with that same aggressiveness,I'm glad I switched up
do u miss ur cat and what year was it
@@chromax1609 it was a 2019 and no I don't miss it,I like my Cts-V alot more than my old Hellcat that seems to get like 10mpg
Not to mention the car depreciates soon as you leave the lot, despite what these dealers are saying 🤦🏿♂️
Eco mode starts you car off in 2nd gear to conserve fuel and so that it doesn’t take off with as much power as 1st gear
😂😂😂 yea I got the scat widebody indigo blue
Edmunds says the true cost to own is just over $2,000 a month (for the first 5 years). My local dealer has a new Hellcat and they're asking $83,412 for it. Most financial advisers will tell you your car should cost no more than 1/2 your annual salary. Unless you're making $14,000 a month, a Hellcat is not something you need.
Bro let me tell u something got my 2018 dodge durango srt in February. Monthly payments 1,118 plus my insurance is 400 not including my 2019 toyota rav4 limited thats 495 Monthly and 268 for insurance good luck to anyone who wants a SRT its worth it in the long run tho 😂
Not flexing but I have no problem owning a hellcat my Business funds all my cars and I own some commercial Businesses to help cover my living expenses and stuff, definitely gotta have a lot of money though if your working a 9-5 and have kids.
I pay 1400 for my 19 Scat Charger minimum is 830 i round up to 1500. Industrial 160.
Eco mode basically starts u off in 2nd gear rather than 1st. Also all the v8’s have cylinder deactivation so eco mode allows for 4 cylinders to be deactivated during cruising speeds to help save fuel.
If you’re new to Mopar/SRT we don’t worry about the gas ⛽️ . I’ve been a MOPAR fan since 1999 , I am furious with the crazy mark ups!!!
Maaan, I stay in LA. I had a custom made from the factory, a 2020 scatpack widebody, exactly how I wanted it. I was daily driving it. Now, I put 14k down for the down-payment and my monthly was like $675. But since I was daily driving it, I was spending around $1100 or sometimes $1200 on GAS ALONE. that's not including insurance, and maintenance that my Scat needed, new brakes & rotors like 4k (all 4 corners). I was spending more on gas than the actual monthly payment on my car. I never complained about it cuz I enjoyed driving my Scat and I make enough money for it. Just recently, my Scat was stolen 2 month ago. Luckily my car was fully covered, my insurance cut me a check for 60k 🎉😁
I wanted a fast car but more easy on "filling it up". Long story short, I ended up getting a Tesla Model Y Performance 😎
It has more space for my son and me, the charger cost from 20% - 100% like $13 😂 my monthly payments is like $460. I've raced hellcats, camaros ZL1, and other random cars, from a dead stop at the light AND on a roll on the freeway and its no competition lol my model y performance cooks all of them lol AND since I live in Cali, and because it's an electronic vehicle, I get a $7500 federal tax credit and on TOP of that, a California incentive of $2000 🎉😎 so, I get $9500 back just cuz I get this car lol it all worked out for the best in my case lmao thanks to whoever stoled my Scatpack 😂LMAO
By the way, the reason why my monthly payments are low, is because I out down 35k down for my tesla model y performance 😎👍
Smart man
Your a Tesla fanboy now make sure you pull your pinky out when you drink soda
If I end up in Cali again I’d probably go that same route if they’re paying that much as insensitive. Why doesn’t everyone own electric there lmao
@UA-camDislikesConservativeidk my dude, I loved my Scatpack widebody. But, it's old technology now. My Tesla beats my Scatpack widebody in every aspect, except in style & character. Everything else, it beats it. My dude, how would u feel if you pulled up beside me, in my model y performance, with your LOUD V8 (which only SOUNDS good) just to get beat by me, with groceries in my car coming back from Vons, and with only 1 hand on the steering wheel, texting my girl on the other hand "hey baby, what do u want to eat tonight?" While you're struggling to keep up with me? LMAO 🤣 How would u feel? Lmao
If you can’t put down near 20% these numbers are different but nobody wants to or can afford put down that much money on a depreciating asset/liability. Plus negotiating the payments isn’t the best practice, negotiate the MSRP. Just my advise
The fact that you said I might be incriminating myself let’s me know every time you get behind the wheel it’s demon time lol 😂
I’m going 60k used from the dealer under 50k miles. With 5-8k down 72 months that’s what I’m thinking!
When he starts to realize these Hellcat video's won't get as many views as them ScatPack video's! Should have kept that much cheaper 392!
Why not reach for the sky and buy it out instead of paying a car payment
Cash app me $88k and I will bro 😂
@@Knockout360 😂😂
Great video. I had a scat and this is definitely on the cheaper end. Expect north of $500 if you have it as a daily driver.
500 for what?
@@BigDilf3 car payment
@@markelraya10 that’s not what he’s talking about if it’s a daily or not isn’t a variable in a car payment😂😂
@@BigDilf3 there’s no way he’s paying 500$ for a scat pack with everything (insurance, gas etc.) smh. That makes zero sense, unless he paid it off but he didn’t state that so I’m assuming (like 85% of people) that he financed it. Which the average cost for one is 500-750. 9/10 you ain’t about to pay a scat in a cash let’s be real.
@@markelraya10 no it sound like he saying 500 in gas that’s why I’m asking 500 for what
im actually suprised how affordable a hellcat is ive never looked into it since i ride motorcycles im now very intrigued, appreciate the video bro.
You balling my bro
paying around 1k for a loaded scat including insurance gas and maintenance a month. almost paid off its time to upgrade 🤭
I just sold my Widebody Scat but I was paying all in $750/month
If anyone is worried about the gas and oil costs of a Hellcat u def can't afford the car! 😂
MPG? Who gives a sh*t! It's smiles per gallon for me...
Love it when he says he turns into something else behind the wheel of a Charger Hellcat! Jekyll and Hyde right there!
Thanks 360!!!!
Bingo. Smiles per gallon. Compliments per gallon. Head turns per gallon. "Rev it" per gallon.
Also not to mention the interest you are paying to the banks. After the loan is said and done how much did the bank make.
why wouldn't you just buy the car out right? Wouldn't it be a lot cheaper I'm bout to buy one on out right the only thing I'm gonna have to worry about is maintenance and insurance
wait until you need brakes and rotors, around 2,000 a tire, thats what my hellcat cost from a shop thats not the dealership, dealer wanted more
Also pirelli's are not the best especially all-seasons. Most Hellcats that lose races lose because of the tires. Spend the extra to get something sticky. And if you really really need all-seaons get some Continental DWS06+. But I say stay on summers and park it if the weather is super cold and wet if you are in the south.
I'm saving up for my widebody scatpack...plan on putting down 10k and paying the 6 month insurance off rip
Saving for a cat. Working 80 hours a week no life outside of working but will be worth it.
Don't kill yourself for a Car bro. Buy another house instead or some land instead
@@overlord6815 Imagine how different our communities would be if we did that instead of buying cars etc.
Already a major L if you have to work that many hours to afford a scat you just going to be paying to go to work. You will get tired of it trust me.
Not wise
Workin like an animal for a car, america is doomed
These Car Dealerships see yall coming a mile away all this money for a Dodge is Sick
Good video! I don't think you mentioned personal property tax that's not cheap on these cars.
Absolutely correct 👍🏾!!!
Where are you getting 1200$ lol it’s like 850 for a scat pack. A hell cat payment comes out to $1800 plus.
I’m 25 with a 2017 RT. Everyone clowns it but I only owe about 12k on it. I can pay it off with my savings if I really want to but I rather keep making double payments on it so the credit bureau can see my consistent payments 😂
A new fully loaded scat wide body $1200. No way that $90k before taxes car is $1200. Cap
Ouch!!!! I own a 19 scat and I can afford it. If I live at home with my parents and don’t need to pay rent I’ll be driving a hellcat. I live in Cali and it’s expensive here.
2023 scatpack
$1098 monthly payment, 10% APR
$260 insurance
$200 or so in gas a month
Damn!
@@Hayabusa-or2yo gotta pay to play lmao. My insurance did drop to $220 though
Lol. I feel you. We only live once. Lol
You’re leaving out important info
interest rate
how many months did u finance
did you put any money down or have a trade in
Great content and really good and honest information. As far as you Cat , it's a fun investment, you have your fun and you are investing into your channel to keep it going and growing. Looking forward to more content.
😮 Oooh, my goodness!! Chrysler should be ashamed of themselves, but this wouldn't happen if they had competition price. It wouldn't be so high, but i take my hat off to you, sir, for being very honest with people..
Knowledge is key..Thanks for the information...
Knockout, for all headphone users please stop using the loud beep intro, thanks
Anything of $550 is way too much for a car lmao
Wt? A Jeep not built to go over 80mph? Wt ur trippen 80mph ain’t nothing
95k @ 8% interest rate @ 84/mo. is $1,584 knockout if you paid 88K even with a 6% interest rate @ 84 months is $1,376/mo. then i know your paying at least 300$/mo in insurance = 1,676… now unless you had a down payment/trade u cappin 🧢..
The only way I can afford this car is in a Video Game 😵💫
Do you find that the exhaust is quieter than your 2020 Scat?
You didn’t mention maintenance on the car tires brakes etc
Spending 2k a month on a car payment and worried about 12 mpg more 🤔
760 a month for my hellcat challenger, 270 for my Insurance that I have with state farm so It Isnt that bad.
Did you know that car has a 200$ oil change every 3,000 miles when you bought it ?
Not the case at all. Full synthetic is 5K miles & most delears offer oil change specials. Like 2 or 3 for $200 or a little more.
LOVE THIS CHANNEL!!!!!!!
Thats why alot of they getting repoed
When y’all coming down to Myrtle Beach
Where the hell are people getting their oil changes at???? I worked at valvoline and I've did oil changes on hellcats scats AMGs and I've never seen a $200 ticket before unless they got EVERY service almost. But those turbo diesels trucks are forsure 160-200+ everytime. Y'all getting finessed out here
Facts I pay 70 for my scat
I don’t have eco mode on my 6 speed scat pack lol it’s straight track mode but it’s also my weekend car
If I could comfortably afford it, I would own one. But I'm not going to stretch or stress myself over a car.
I was lucky to be able to pay mine cash and only pay $100 a month for full coverage insurance I only have 1500 miles on mine since I bought it in January took it up to 140 and just drive it for the fun of it. Cannot figure how the young generation can afford this car. They probably lease it and destroy it for the price. Got to show some respect for your investment.
$1,928…That it?
Plus using high Octane 91 gas
My 2021 charger scat pack wide body was fully decked out and cost 68500. All options except sunroof. I pay 945 A month 0 percent interest for life through the Dodge financing. My insurance is 165 a month. the hellcat ran about 1200 a month. Mine is a daily driver but I work less than 1 mile from home. Only have 1300 miles on it. To be honest the 392 is plenty power. The price difference isn't worth it. You throw a 392 in sport or track its plenty of power. I'm glad I just went with the scat pack wide body overall. But.... You have to get the wide body or your talking a completely different looking vehicle. Those little 275's instead of 305. It all depends on your credit. Going to be a he'll of a lot cheaper with good credit. Also do not forget if you don't make at least 2 to 2 and half times what the car cost annually you will need a co signer you can forget about getting one of these. They won't approve you.
So if the scat I want is 50k, I need to make 120k….
Best video you've done !!!
I love this, but I look at it like this. As an ADULT, you should know what you can and can not afford. It cost to be the boss, and I daily drive my car. Mopar girl through and through❤️
I want something used and the prices still high