Chicago Woman Goes Viral After Getting Horribly Ripped Off Buying A 25-Year-Old Car

Not the car the woman bought. (Photo by David Friedman/Getty Images)

Alexander Pease Contributor
Font Size:

A Chicago woman went viral on social media for paying what is believed to be an expensive amount of money for a nearly 25-year-old Ford sedan.

The unnamed woman agreed to pay $289 per month for the 1998 Ford Escort for 84 months, which amounts to a 7 year term at a car dealership, Hip-Hop Vibe reported. The outlet speculated that the purchase came about as a result of the woman getting money back during tax season. (RELATED: Ford To Spend Billions Building Michigan Electric Battery Factory That Relies On Chinese Intellectual Property)

Netizens took to Twitter to poke fun at the purchase:

The woman apparently had a lower-than-average credit score, hence the likely high interest rate for the duration of the loan. At the end of the year in 2022, the average finance rate on a used car came out at 12.37%, according to The New York Times. (RELATED: Democratic Rep. Maxwell Alejandro Frost Says He Was Denied DC Apartment Due To Bad Credit)

Nevertheless, the man next to the woman sported a ear-to-ear smile when posing for the highly-circulated picture – and the woman herself seemed to be in positive spirits, too.

It is unclear how many miles are on the vehicle or what bank financed it.