Car insurance providers alter the prices of their coverage contingent upon the type of vehicles being insured. Furthermore, other factors, like the area in which one lives and how densely populated it is, also affects insurance prices. For instance, the more drivers there are in a place per square mile, the higher the chance you may get into an accident.

It’s something that 20-year-old TikToker Slade (@slade.clothing) learned the hard way when he looked at quotes for a BMW M3 Competition. The luxury performance sedan’s quoted price was one that he called a “SCAM.” He says he doesn’t “have a single accident” on his record.

He posted about his experience looking at insurance pricing in a viral clip that left him flabbergasted. At the onset of the clip, Slade can be seen looking directly into the camera as he delineated his quote. “Guess how much they charged me. $732,” he says, before grimacing into the camera.

Indeed, there are other variables considered when it comes to insurance rate quotes. A driver’s age, combined with their history as a commuter also play a factor. If an individual has a history of getting into fender benders and accidents, car coverage providers may quote heightened costs. And some states, like New Jersey, sport state-named insurance plans for drivers, such as NJM. Many customers have found these rates to offer more appealing monthly price plans. Furthermore, if a driver is younger, combined with a fast car, this may cause a company to view them as a high risk client. Moreover, different providers provide different rates.