The automotive hobby is one that can be challenging on the pocket book for a number of reasons. Cars are some of the most expensive items that people buy, and repair bills, fuel costs, insurance, and modifications can add up quickly. These issues only get worse as you add more vehicles to your fleet, particularly if they aren’t well-kept examples.
2-liter LS3 V-8 engine let go, which the owner attributes to their use of nitrous. They also have a small loan balance at 17.75 percent interest attached to a VW GTI, which is also modified and suffering from a dead motor. As if two blown engines isn’t bad enough, our auditee also has a 12 percent interest rate on a loan balance of over $4000 for a Subaru WRX, which is also suffering from engine troubles due to a blown head gasket.