Latest news with #Chrysler300
Yahoo
7 days ago
- Automotive
- Yahoo
Dave Ramsey Caller Made The Mistake Of Co-Signing A $60,000 Car Loan. Now His Brother-In-Law Is Off To Jail And He's Paying For It
A recent episode of 'The Ramsey Show' featured a caller named Frank from Charleston, South Carolina, who shared a financial mistake that quickly spiraled out of control. $62,000 Car Loan Frank said he co-signed on a $62,000 loan for a brand-new Chrysler 300 after his brother-in-law came to him with $20,000 for a down payment and asked for help. 'He's just a big dumb animal, and I love him dearly,' Frank explained. 'He came to me and said, 'Hey, I got 20 grand... but I need help.'' Frank agreed to co-sign despite knowing better. 'All I can hear in the background when I got done doing this is Dave saying... 'One who signs debt for another is stupid.'' Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — $100k+ in investable assets? – no cost, no obligation. Now Frank is on the hook for a car payment of $1,100 a month. And things got worse fast: 'He's going away for a very long time on a vacation. An unwanted vacation,' Frank said, confirming that his brother-in-law is headed to prison. To make matters worse, the car is already about $12,000 underwater. Frank said he could sell it for around $50,000 in a private party sale, but the current loan buyout is $62,000. On top of that, the car is located in Arizona, while Frank lives in South Carolina. He admitted he's $5,200 behind on payments, and repossession is now a real risk. Co-host George Kamel warned him that it's already too late: 'You already did it, my friend... they're going to sell it at auction for like 15 grand and you're still going to owe the difference.' Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Frank's wife, who advised him not to cosign in the first place, now refuses to help financially. 'My wife won't give it to me,' Frank said about the money needed to catch up on payments. Kamel chimed in, 'You might as well live in this car at this point.' Despite all this, Frank still doesn't have enough cash on hand to cover the gap after selling the car. He said he has around $10,000 to $12,000 in liquid savings and a few upcoming real estate closings that might help. He's also scheduled a meeting with his credit union to try to get a personal loan. Kamel urged him to move quickly: 'Get current as fast as possible. Sell it as fast as possible.'When asked how long ago he co-signed, Frank said it was about a year ago. Since then, he's been trying to get out of the deal. 'He was like, 'I'll get it in someone else's name... I'll get you off this in six months, Frank. No worries.'' Kamel perhaps summed it up best with this big lesson: 'If a sketchy lender doesn't trust you to give you a loan, maybe you shouldn't trust that person. The number one reason I don't cosign for anyone, I don't know if they're going to be a future criminal.' At the end of the call, the Ramsey team emphasized the most important takeaway: Never co-sign, not even for family. As Frank put it, 'I'm writing that on the back of my truck right there. Don't sign for anyone.' Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Imagn Images Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Dave Ramsey Caller Made The Mistake Of Co-Signing A $60,000 Car Loan. Now His Brother-In-Law Is Off To Jail And He's Paying For It originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Indianapolis Star
31-07-2025
- Indianapolis Star
Court docs: IMPD Detectives had suspects' names all along throughout 2021 cold case
Ail Smith Jr.'s loved ones never understood how the business and family man could be shot and left for dead. His wife said the last time she saw the 47-year-old, they had just finished working on their box truck company. That was hours before Smith was found shot in the head, rolled up in a rug, and left in the trunk of his own car set on fire back in 2021. "What was the reason? Why did he do it?" His father, Ail Smith Sr., told IndyStar this week following the announcement of arrests in the case. Court documents reveal Christopher Hall, 42, was arrested for assisting the man accused of killing Smith. IndyStar is not naming the man accused of the killing because he has not been charged at the time of this article's publication. At the time of his arrest, he was already in federal custody for taking a stolen vehicle across state lines. But Hall was formally charged, and court documents for his arrest detail what detectives pieced together to solve the 2021 cold case after four years. At 12:30 a.m., on Nov. 9, 2021, Indianapolis Metropolitan police were called about a vehicle fire at a home in the 7500 block of Woodlawn Avenue. At the scene, Indianapolis firefighters and police noticed the driver's door on a 2011 white Chrysler 300 that was registered to Smith was fire-damaged, and the trunk was raised open. They found him inside with a gunshot wound to his head, according to court records. A witness at the scene said he was inside the home when he looked out of his bedroom window and saw two vehicles, Smith's and a dark-colored car, traveling westbound on Woodlawn Avenue toward Sears Street, according to court documents. When Smith's car drove into his driveway, the witness initially thought Smith was trying to turn around. It became strange when the other vehicle followed and turned off its headlights, so the witness grabbed his firearm and exited out the back door of his home to see what they were doing. He was walking out of his back patio door when he heard a loud boom. He saw that the white vehicle was on fire. The witness went back inside the home to tell his fiancée to call the police, court records stated. Evidence collected at the scene included a wallet containing the identification of the man who would later be arrested for killing Smith. There was also a piece of paper containing Hall's name and phone number. Police also collected two glass pipes containing suspected narcotics residue. One was found in a field in front of the house, and another was between Smith's left arm and body, according to police records. By 10:36 p.m. that evening, an anonymous tip came in to police claiming Smith was shot in front of a man and his girlfriend, but it wasn't at the location where Smith was found. The tipster claimed Smith was hanging out at an unknown house when, randomly, a second man walked into a kitchen, grabbed a rifle, returned to the living room Smith was in, and shot him, according to the court documents. The bullet went through Smith's head, with a round going through a TV. The man and his girlfriend "freaked out" and tried to clean up the blood, according to the tip. They rolled Smith's body inside a rug and loaded him into the trunk of his own car. The man who shot Smith drove Smith's car, while the other man and his girlfriend drove behind in a dark-colored Pontiac Grand Prix. Pulling FLOCK cameras, IMPD Detective Ronald Sayles was able to see the suspected Pontiac travel to a home over seven miles away from Woodlawn Avenue in the 8100 block of East 50th Street. On Nov. 10, 2021, IMPD SWAT served a search warrant for the address and conducted a walk-through of the residence to search for evidence. They observed possible droplets of blood on the floor at the entryway to the kitchen and on the sidewalk, according to court documents. But that didn't turn out to be the home where the crime happened. Ail Smith, Jr.: Arrest made in 2021 cold case of man found shot in burning car in Indianapolis The homicide investigation spanned years. On Nov. 22, 2021, prints from a swab on Smith's car came back for Hall. Another anonymous tip came in claiming Hall and Smith didn't know each other. On Nov. 23, 2021, Detective Sayles spoke with the owners of the property on East 50th Street, who said Hall was renting the home from them, but they hadn't heard from him since October. On Dec. 1, 2021, while reviewing phone records from Smith, Sayles found the last three phone calls made from one number. The detective called the number, and it went straight to voicemail with a man's voice stating his name, which is the same name as the man that police would later arrest for the killing. On Dec. 13, 2021, Sayles noticed another number with multiple phone calls to Smith's phone from Hall the day before Smith's body was found. On Jan. 10, 2022, while speaking with Smith's wife, Sayles recalled previous conversations with her where she mentioned a friend of Smith's who allegedly sold illegal narcotics. On Jan. 13, 2022, the detective went to the man's home and spoke to multiple people, confirming he lived there. On Jan. 17, 2022, Hall was taken to the IMPD Homicide Office, but provided little information to police. He did, however, tie the man accused of killing Smith back to the same address Sayles had visited four days before. Hall also said he no longer had his cellphone. On Jan. 19, 2022, a search warrant of that address found a large bloodstain on the carpet, a single bullet hole above the TV stand, and a Samsung TV in the garage with a bullet hole through the screen. On Jan. 20, 2022, multiple witnesses spoke to police about the man accused of killing Smith, with one witness sharing that he often bragged about killing people. According to court records, the man himself was brought in and said he knew Smith. He also said he had recently lost his wallet. On June 7, 2022, a skin cell swab revealed that DNA found in the trunk of Smith's car belonged to the man accused of killing him. A year later, on April 4, 2023, court documents revealed that a lab report on the rug found in the man's home had been slightly cleaned, but human blood was present, and likely came from Smith. But arrests didn't happen in the case until this year. A break in the case came on June 23. That day, Sayles spoke with a key witness. They didn't provide a motive but placed Smith at the home where police believe he was shot and killed. According to the witness, Smith came over to speak with the man accused of killing him in a back bedroom before leaving for a short time and later returning, according to court documents. Smith was sitting on a couch in the living room when the man came into the room with a rifle, fired once, and shot Smith. The man then collected cellphones from witnesses at the scene. According to court documents, the man said it had to be done. Hall still sits behind bars at the Marion County Jail, and his jury trial is set for Jan. 27, 2026. The man accused of killing Smith remains in federal custody.
Miami Herald
30-07-2025
- Automotive
- Miami Herald
Classic Jeep, Dodge, Chrysler fans just got the best news from Stellantis
New Stellantis (STLA) Antonio Filosa knew he had his work cut out for him when he took over the job. Filosa, 51, officially took over for former CEO Carlos Tavares on June 23, but he has been with the company for 25 years, and he understands that the international conglomerate doesn't have much without the North American market. Last month, the company announced that Filosa would be moving the CEO's office to Detroit, Michigan, while also revealing that it will build a $388 million "Megahub" in Van Buren Township, just outside Detroit. Related: New Stellantis CEO deals with more of the company's old problems But Stellantis is struggling with the 25% tariffs that have been in place for months now. Stellantis shipped 7% fewer vehicles this year than it did in the first half of 2024. But somehow, that decline was better than the 14% decline it reported in the second half of 2024 during the time Tavares stepped down in October. Stellantis says its "industrial costs" rose by 1.6 billion ($1.85 billion), including a net 330 million euros ($381 million) of tariff expenses. The company expects its tariff expenses for the full year to be at the high end of its previous estimate of between 1 billion and 1.5 billion euros ($1.15 billion to $1.73 billion) Getting the North American market back won't be easy, but Filosa pinpointed exactly where he thinks the company lost its most important market. It will take more than money invested in the States to win back customers, and Filosa acknowledged this fact during the earnings call. "For sure, one important root cause of our market deterioration, both in North America, especially, but also in Enlarged Europe, is the fact that in the past we decided to phase out many important, relevant, and successful nameplates," Filosa said. Filosa went on to name seven popular vehicles that were phased out during his predecessor's tenure, including Jeep Cherokee, Jeep Renegade, Chrysler 300, Ram DS Classic, Ram ProMaster City, Dodge Charger and the Challenger. Related: Jeep Dodge parent Stellantis makes change US consumers will love Those seven brands alone generated 300,00 units sold per year, but have all been inexplicably mothballed in recent years. So not only will Stellantis bring back many of the brands that made Jeep, Dodge, Chrysler the iconic brand it was, the company is also bringing back the ancillary bells and whistles that defined American muscle. "The powertrain that we have discontinued in the past that we have coming back, starting with the legendary Hemi V8 engine, has been shelved before and this means volumes, and this means margin per unit," Filosa said. Earlier this year, Stellantis reported that total first-quarter 2025 U.S. sales decreased 12% year-over-year, despite a 16% increase in Ram brand sales and a 1% increase in Chrysler brand sales. Jeep brand sales saw a 2% increase. The company reported total sales of 293,225 vehicles in the first three months of the year. Business did not improve in the second quarter. On Tuesday, Stellantis reported that first-half net revenues fell 13% year over year, driven once again by declines in North America and Europe. The company had a net loss of 2.3 billion euros ($2.66 billion) after reporting a 5.6 billion euro profit a year ago. Stellantis closed Tuesday's session down 1.13% to $9.59 per share. Related: Jeep parent Stellantis explores shocking move for struggling brand The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
CTV News
15-07-2025
- CTV News
Firearm pointed at woman; 13-year-old charged: WPS
A 13-year-old boy has been charged after Windsor police said he pointed a firearm at a woman at a park in Walkerville. Around 7:30 p.m. on Saturday, police were called with a report of a weapon in the 1200 block of Langlois Avenue. Officers said through an investigation, they learned a person pulled into a parking lot at a park and saw several people inside a silver Chrysler 300. One of the passengers allegedly reached into the center console in the car, pulling out a handgun, and pointed it at the woman. The vehicle left the area afterwards and no injuries were reported. The suspect was identified as a 13-year-old boy, who turned himself in to police on Sunday. He is now charged with assault with a weapon and possession of a weapon. The firearm hasn't been recovered by police. It's not known if it was real or an imitation weapon. The investigation is ongoing. Anyone with information is asked to contact the WPS Major Crimes Unit at 519-255-6700 extension 4830. Crime Stoppers can also be called at 519-258-8477 or anonymous tips can also be sent online.
Yahoo
10-07-2025
- Automotive
- Yahoo
Chrysler 300 Retrospective: New Chrysler Century of Innovation Video Series Highlights the History of the Legendary Sedan
AUBURN HILLS, Mich., July 10, 2025 /PRNewswire/ -- "The Chrysler 300 Retrospective" is the fifth episode in the seven-part Century of Innovation social media video series marking 100 years of the Chrysler brand In newest episode, Stellantis Chief Design Officer Ralph Gilles reflects on the evolution of the Chrysler 300, from its innovative 1950s muscle car roots to the iconic 2005 Chrysler 300C and beyond Full-length versions of the first five videos in series available for viewing on Chrysler brand and Stellantis North America YouTube channels For more information on the Chrysler Century of Innovation celebration, visit The next chapter of the seven-part Chrysler Century of Innovation social media video series is now live. In the new episode, titled "The Chrysler 300 Retrospective," Stellantis Chief Design Officer Ralph Gilles reflects on the evolution of the Chrysler 300, including its innovative 1950s roots as the original "banker's hot rod" and the iconic 2005 Chrysler 300C that he and his team designed, as well as the cultural impact of this legendary sedan. "The Chrysler 300 Retrospective" is the fifth video in the Century of Innovation series and will be featured on the Chrysler brand's (Instagram) and Stellantis North America (Facebook/Instagram/X/LinkedIn) social media channels. Full-length versions of all videos can be viewed on Chrysler brand and Stellantis North America YouTube channels. Previous episodes of the Chrysler Century of Innovation video series include: "Chrysler Century of Innovation," featuring Chrysler CEO Chris Feuell reflecting on Chrysler's 100-year legacy and Chrysler's vision of the future "Chrysler Through the Decades" with Chrysler Historian Brandt Rosenbusch as he takes a decade-by-decade look at key moments from a century of Chrysler "Automotive Legend: Walter P. Chrysler," which gives an in-depth look at the man who founded Chrysler 100 years ago, his impact on automotive innovation and how his legacy lives on today a century later "Legendary Innovation," which looks at historic Chrysler concepts over the brand's first 100 years and the innovative features and technologies included in those concepts Summer Century of Innovation Celebration Chrysler continues to celebrate its centennial this summer by honoring the owners and enthusiasts who have supported the brand across generations — from the original 1924 Chrysler Six to today's innovative 2025 Chrysler Pacifica. The brand will feature special displays and activations at premier automotive events this year, including: Carlisle Chrysler Nationals, July 11-13 in Carlisle, Pennsylvania, featuring nearly 3,000 vehicles from all eras of Chrysler and Mopar vehicles Gilmore Car Museum in Michigan with Chrysler historic vehicles participating in a cruise-in and featured at the museum's popular Red Barns Spectacular car show on August 2 Woodward Cruise, the world's biggest car cruise, taking place on Woodward Avenue in Metro Detroit on August 16 More details on Chrysler brand activities at the Gilmore Car Museum and Woodward will be shared later this summer. To mark 100 years of innovation, Chrysler launched a Century of Innovation sales event in June. Fans can also explore a limited-edition 100th anniversary collection of branded apparel and gifts available now at For more information on the Chrysler Century of Innovation celebration, visit Chrysler BrandChrysler marks its 100th anniversary in 2025, honoring Walter P. Chrysler's legacy of innovation, engineering excellence and beautiful, affordable designs. As the brand celebrates this milestone, the future looks bright with exciting new releases: a refreshed Chrysler Pacifica in 2026, a new crossover soon after and a third product inspired by the Halcyon concept. The Chrysler Pacifica, the most awarded minivan ever, continues to lead the segment it created more than 40 years ago. The Pacifica Plug-in Hybrid, the first electrified minivan in its class, achieves 82 MPGe, with an all-electric range of 32 miles and a total range of 520 miles. With class-leading safety features and available all-wheel drive, Pacifica is designed for modern families. Chrysler will also celebrate the 20th anniversary of its exclusive Stow 'n Go seating and storage system in 2025, as well as the return of the budget-friendly Chrysler Voyager to the lineup. Chrysler is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit Follow Chrysler and company news and video on:Company blog: website: brand: (Twitter): or @StellantisNAYouTube: or View original content to download multimedia: SOURCE Stellantis
