22-Year-Old Swapping a Corvette for a McLaren (He’s Shocked!) | Ray Reacts

I want to share something with you folks out there that actually, absolutely blew my mind. Watch this. You want money than me? I'm 22 and a 2020 Stingray. Like, all you can give me is what you're giving me? I have $20,000. Hey, Robert? Yes. This is Gus with Legacy Motorsports. I got your email. And I think you want to purchase the 7570, right? Yes, this is correct. Yeah, so I see that you put in a credit up. And I did run a credit. We do have an approval. Um, but I just have a few questions. Um, you want to trade in your C8 for a 2020 Corvette, right? Yeah, my 2020 Stingray. What do you owe on that car? Uh, $70,000. $70,000. Guy owes $70,000 on a five-year-old Corvette with 70,000 miles on it and wants to buy a McLaren. 22 years old. Has to have the McLaren. So our offer on the car was like $40,000. That's it? It's a 1L team. Um, and it doesn't have, like, higher miles. So, I mean, yeah, that's what it would be after you trade. That's all? Yeah, because I mean... A 2020 Stingray. Yeah, man, but you have 70,000 miles on it. Nothing nowadays. Uh, yeah, I mean, sort of. But, I mean, it's just, it's out of warranty. Um, I believe the MMR on the car is 43. But, you know, given it's tax season, I kind of want to buy it for a little bit more so we can, you know, get you in this 570. Um, how much do you have down? $20,000 down to cover $35,000 in negative equity, folks. Think about that for a second. So we're already $15,000 short of just what he owes. The bank's asking for $60,000. Oh, the bank only wants $60,000 because they know where this is going. He's just going to keep trying to roll negative equity into negative equity into negative equity because he's 22 and he makes a poop ton of money. Crazy. $20,000 covers a bit of your negative equity, but, you know, given your income and your limited credit, it's going to be $30,000 down for a pretty good time. Come on, man, $20,000 should be enough. Is that something you can work with? I mean, I'm, I got $20,000. $20,000? Because, I mean, how much is the monthly payment on the Corvette? Uh, with insurance and the car note? Around $2,300. 22-year-old kid paying $2,300 a month between car payment and insurance. You tell me, ladies and gentlemen, what is wrong with this kid? What is $2,300? I don't care how much money he's making a month. $2,300 a month going to a car payment for a 70,000-mile Corvette that he owes $70,000 on. $2,300? You need at least $60,000 down, or do you have somebody with a little bit more income that you can use as a co-planner? Maybe like a family member or something? Grandma, I'll call. Grandma? Figure something out. Okay. I want that McLaren. I mean, I'm sure you do, but you got to come up with a little bit more cash at the down payment. I'll talk to my grandma about that. Alrighty. Sounds good, Robert. Well, if anything changes, man, I'll let you know. I'm going to try one more bank. I'm going to try with Ally. Closer to my $20,000, but anything less than $60,000, I think $60,000 is pretty up there. Yeah, no, for sure. But I mean, at worst case, you just keep the $60,000. That's a great car. The doors don't go up. I don't know, man. I thought $20,000 would be good enough to get a McLaren. Ah, unfortunately, man. And trading in a 2020 Stingray sounds pretty good to me. I mean, it does, but it's just not something I can make happen. Come on, man. I make good money. Probably make more money than you. Um, I mean. He might make more money than him, but he don't have more brains than this guy. I'll tell you that. If he had any brains at all, he'd understand what he's trying to do is just going to be worse for him. He may. I'm not sure. I'm not going to disclose that information to you. But I mean, if you make more money than me, man, then just come up with the extra money. You know what I mean? I got a party this weekend that I'm throwing, and I need that McLaren. Oh, I got a party. And I got to look like I got a rich ass. So I got to have that McLaren. It doesn't get any dumber than this, America. This is about as dumb as it gets. I've got a Corvette. It's a nice car, but it's not a McLaren. And I have a party. And I got to have the McLaren at the party. Maybe I can get stick my grandmother with trying to help me out. You know what? You're 22 years old. Think about what it is that you're doing to yourself. Think about what your priorities are. And then realize, when you look in the mirror, that your priorities are all screwed up. This is ass backwards, my friend. Ass backwards. Do yourself a favor. Stay in that Corvette. Keep making the car payments. And then maybe grow up. I'm done.