I got myself a Cadillac
But I can’t afford the gasoline
I got holes in my shoes
And I’m way overdue
Down payment blues

So, not a place you want to be. A wise warning.

But, also, maybe it’s a state of mind:

Feeling like a paper cup
Floating down a storm drain
Got myself a sailing boat
But I can’t afford a drop of rain
I got holes in my shoes
And I’m way overdue
Down payment blues

Some people always spend more than they make.

I couldn’t find a video of the Bon Scott line-up performing this, but here’s Brian Johnson in 1996…

The song originates from the band’s 1978 album, Powerage.