Rolled 13k of negative from his 2015 Challenger Hellcat into another finance on a new Charger Hellcat Widebody Daytona. Put $8,000 down on a finance to get within LTV constraints and pays $1,100 / month. Considering he has a YouTuber he is likely writing it off and earnings from videos on the car offset the payment as well.
here’s what I got from the vid and I’ll @ethanrs too.
previous lease was a challenger hellcat that was allotted 36k miles and he drove 60k miles
so 24k miles plus 50 cents a mile overage = $12k
but he said $13k in overage, let’s say he turned it in with drag radials and bald front tires for another 1k.
He rolled in 13k of negotiate equity for $1100 a month lease + 8k down… so essentially he rolled in 5k negative equity.
At the beginning you hear him say he’s already at 1800+ miles and it’s been a little over a month, so he’s already over miles.
Also says he went to the dealership to negotiate the sales price, 78k If I’m not mistaken… if his hellcat msrp was 83k he did alright but if his hc was stickered at 81k or lower he got hammered again and didn’t even get to invoice.
Here’s how there is no negative equity, no overage charge for miles and he made out amazing on his new deal.
How you ask?
Because every sucker that got click baited into watching his YouTube story is now paying for his new car. I didn’t watch this video but I’m pretty sick of the YouTube algorithm making these idiots car payments.
I don’t mind someone like Hoovy because the schtick is transparent and it reminds a little bit of Wheeler Dealer (remember Mike and Edd China?)… except nothing about Hoovy’s repairs goes right but that’s sorta the premise of the entire show.