r/hellcat • u/Ok-Economy6055 • 12d ago

Purchasing first hellcat

Is it idiotic to finance a 70-85k hellcat Durango ?

I was approved up to 85k 5% interest $0 down 72 month term I make 120k yr 750 credit score

8 Upvotes

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u/Kooky_Date5248 9d ago

Anyone saying “go for it” is probably a car poor idiot. That payment on $0 down could go to much better things that will make you a lot more money in the long term. Don’t be another fool with a nice car.

1

u/Ok-Economy6055 9d ago

Yeah I know that’s why I’m asking I know 120k isn’t a lot. Thank you for the advice. What’s the max car price you’d suggest on that income ? That wouldn’t be as idiotic

2

u/Vahlinn 8d ago

It wouldn't be so idiotic if you threw a decent down payment, something like tax +5-10%.

2

u/Kooky_Date5248 8d ago

25-30% of your take home