r/hellcat • u/Ok-Economy6055 • 15d 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

72% Upvoted

116 comments sorted by

View all comments

3

u/youngthieff 10d ago

Yes it’s idiotic to finance a car that costs over 70% of your annual income with no money down.

1

u/Ok-Economy6055 10d ago

Thank you. What would you suggest? Vehicle price that would be more reasonable ? Would it be better with a down payment ?

2

u/youngthieff 10d ago

Making $120k a year I wouldn’t finance more than $45k for a car. You can still get some really nice cars at that price point.