October 12, 2025 at 2:55 am

A Driver Bought A New Car, But It Came With A Really High 19% Interest Rate Since They’re A First Time Buyer

by Matthew Gilligan

woman at a car dealership

TikTok/@goldenshy_

You have to be smart with your money these days, because the economy is so up and down!

And that includes being smart about the big purchases you make.

A woman posted a video on TikTok and told viewers that she had to pay a hefty interest rate when she bought a new car.

woman outside a car dealership

TikTok/@goldenshy_

The TikTokker wrote in the video’s text overlay, “Me leaving the dealership with a 2024 Honda accord 33k out the door price and 19% of interest since l’m a first time buyer.”

woman walking outside a car dealership

TikTok/@goldenshy_

In the video’s caption, she wrote, “Maybe a cash car didn’t sound that bad. All jokes y’all, but I’m stressing right now. I’ll pay somebody to negotiate a good price for me.”

exterior of a car dealership

TikTok/@goldenshy_

Check out the video.

@goldenshy_

Maybe a cash car didnt sound that bad 😒🤦🏾‍♀️ All jokes yall but im stressing rn ill pay somebody to negotiate a good price for me #newcar #cartiktok #honda #finance #dealership #hondacivic #foryou #joking #relax #cars

♬ original sound – user21909730193

And here’s what TikTokkers said about this.

This person was shocked.

Screenshot 2025 09 07 at 3.30.03 PM A Driver Bought A New Car, But It Came With A Really High 19% Interest Rate Since Theyre A First Time Buyer

Another viewer weighed in.

Screenshot 2025 09 07 at 3.30.13 PM A Driver Bought A New Car, But It Came With A Really High 19% Interest Rate Since Theyre A First Time Buyer

And this individual shared their thoughts.

Screenshot 2025 09 07 at 3.30.25 PM A Driver Bought A New Car, But It Came With A Really High 19% Interest Rate Since Theyre A First Time Buyer

That’s pretty steep…yikes!

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. 🙁