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In the next installment of’s “My First Car” rapper Saigon recalls the lesson he learned trying to lease his first car–a Mercedes Benz CLS–with suspect credit.

“I’d just got an advance from my record deal, about 100 grand,” he explains. “I didn’t want to buy it, I wanted to lease it. But I had bad credit, so they wouldn’t let me do it the normal way…”

Watch the clip to hear one of worst financial decisions  anyone has ever made.

Make sure to watch our other  “My First Car” stories

with Ne-Yo, Juicy J and more!

Ne-Yo On Driving: “If I’m On The Road, Get Out Of My Way!” [VIDEO]

Juicy J Remembers Crashing His First Car Into A Tree [EXCLUSIVE VIDEO]

MY FIRST CAR: Busta Rhymes Gives The Scoop On That “Cherry Pathfinder” [VIDEO]

How Saigon Leased His First Car With No Credit History [VIDEO]  was originally published on