Three years ago, Blaisey Arnold, 28, bought her dream car, a Chevy Tahoe, for $84,000. Recently, she shared on TikTok that she was selling the car as the finances weren't making sense anymore.
Arnold's car, financed by GM Financial, a subsidiary of General Motors, came with a hefty price tag. Over three years, she paid a staggering $ 1,400 per month, totaling nearly $50,000. Despite these substantial payments, her outstanding balance remained at a staggering $74,000, with over $40,000 of her hard-earned money going towards interest payments.
