April 15, 2024 at 6:29 pm

A Guy Who Buys Repo Cars Said People Need to Stop Purchasing Vehicles They Can’t Afford

by Matthew Gilligan

Source: TikTok/@alottacars

A man who buys cars that have been repossessed posted a video on TikTok and said that, based on what he sees day-to-day at his job, people need to stop buying cars that they can’t afford.

He told viewers, “Y’all need to stop buying cars that you can’t afford. I mean, look at some of these repos that I found on auction today.”

Source: TikTok/@alottacars

The video showed a BMW with temporary tags still on it, meaning that the car must have been new to someone before it was repo’d.

He said, “Dude didn’t even get to finish his drink and take his Walmart bag.”

Source: TikTok/@alottacars

The man continued, “Some people do, you know, realize they can’t afford the car so they take it to the dealer and tell them, ‘Hey, here’s the car. I can’t do this anymore.'”

He showed another car and said, “Every day, there’s new BMW repos at the auction.”

Source: TikTok/@alottacars

Check out his video.


How do you only drive a car for 200 miles and realize you can’t afford it? #carsoftiktok #repo #auction #luxurycars #newcar #bmwm #bmwlovers #m4 #x6m #750

♬ Never Lose Me – Flo Milli

And here’s how TikTokkers reacted.

One person shared their thoughts.

Source: TikTok/@alottacars

Another individual thinks they know what’s going on.

Source: TikTok/@alottacars

And one TikTokker things car cost way too much these days.

Source: TikTok/@alottacars

Thanks for the tips!

Good to know!

If you liked that story, check out this one about a 72-year-old woman was told by her life insurance company that her policy was worthless because she’d paid for 40 years. 🙁