Are you entitled to a new car? - Dave Ramsey Rant

Поділитися
Вставка
  • Опубліковано 1 кві 2014
  • 💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
    📱Download the Ramsey Network App ⮕ ter.li/ajeshj
    🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
    📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5
    Explore More Shows from Ramsey Network:
    🎙️ The Ramsey Show ⮕ ter.li/ng9950
    🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
    🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
    💰 George Kamel ⮕ ter.li/1elws8
    💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
    💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
    📈 EntreLeadership ⮕ ter.li/ktxv2k
    Ramsey Solutions Privacy Policy
    www.ramseysolutions.com/compa...
  • Авто та транспорт

КОМЕНТАРІ • 514

  • @cjzanders5430
    @cjzanders5430 9 років тому +509

    I asked a woman at work why she wanted to buy a new suv. She didn't even want to trade her older volvo in. She told me, "So I can put my kids in it." I told her that she could put her kids in the volvo...She only has 2 children. She then started to get mad at me. Smh, some people are just destined for bad outcomes.

    • @jonitalia6748
      @jonitalia6748 8 років тому +29

      +CJ Zanders She's probably feeling those car payments now.

    • @cjzanders5430
      @cjzanders5430 8 років тому +32

      +Jon Italia It's appalling to see so many people living paycheck to paycheck.

    • @jonitalia6748
      @jonitalia6748 8 років тому +3

      You did it the smart way. So how did u trick out your car?

    • @cjzanders5430
      @cjzanders5430 8 років тому +8

      *****- I basically bought some carbon fiber wrap heated it over the hood and the trunk. It's not actually carbon fiber, it's actually just a sticker that's been heated on and it makes the car look cool. I've got a lot of compliments and one stranger wanted to buy it on the spot when he saw it. I also tinted the windows, and put some custom halogen front lights on it to make it look newer. On the inside I installed a radio with a flip screen and back camera with blue tooth and DVD. Then I installed some lights inside the car for effects. All of that might've costed a little over $2,500. But hey, I had the money with my $1,000 emergency fund saved in the bank. Now that I think about it, I could've invested in that money but I'm doing that now. So it's all good.

    • @jonitalia6748
      @jonitalia6748 8 років тому +2

      That sounds so hot. If you have pics online of it I wanna see it.

  • @christianmetalpwns
    @christianmetalpwns 7 років тому +301

    I spent a whole year taking the bus in order to save money to buy a car. I bought a $3000 car cash.

    • @davisdenko6476
      @davisdenko6476 7 років тому +7

      Good for you. What model is it? I'm saving up to for a 2500$car I'm 18

    • @christianmetalpwns
      @christianmetalpwns 7 років тому +12

      +Davis Kayumba I got a 2004 hyundai sonata .. it's a decent car for the prize. The most important thing about having a car is to make sure you maintain it. A $2500 car can last you a good while if you take care of it.

    • @davester1970
      @davester1970 7 років тому +27

      After I got out of the Navy and was unemployed for 7 months, I rode a bicycle for a year until I could pay $2500 for a 1986 Toyota Corolla in 1994. Riding that bike wasn't exactly sexy, but it kept me in pretty good physical shape.

    • @christianmetalpwns
      @christianmetalpwns 7 років тому +1

      David Reynolds oh wow nice!

    • @davester1970
      @davester1970 7 років тому +5

      At least they aren't buying a new car that they can't afford. Think of what they can do with the $300-500 dollars per month they aren't giving a finance company.

  • @raymendoza8157
    @raymendoza8157 5 років тому +60

    "The worst car accidents happen on the showroom floor". Tweetable!

  • @kananz65
    @kananz65 4 роки тому +86

    "I'll help you with freedom baby. It's called a bus pass!" 😂😂😂😂 I felt that. 😂😂😂😂

    • @katperson1955
      @katperson1955 2 роки тому +6

      I took public transportation for years, from childhood to early adulthood. My adult son would rather be bankrupt and drive illegally (license suspended and too many accidents). When I suggested public trans, he whined about having to walk one mile! SMH

    • @officialsouthsoul5223
      @officialsouthsoul5223 Рік тому +2

      I bust out laughing at that at work. 😂😂😂😂

  • @lezlitaz
    @lezlitaz 10 років тому +224

    people are confusing want vs need

    • @camsteremail
      @camsteremail 9 років тому +8

      I have a 97 f150 in almost mint condition with the latest gadgets audio and Bluetooth upgrades it's clean and I get decent fuel economy full coverage insurance isn't much it's never let me down once registration is cheap. Yet I purchased two new vehicles years ago both of witch broke down due to recall issues. I have stuck with the older f150 and will never finance nor buy a new vehicle again

    • @SuburbanNinja-yr1mc
      @SuburbanNinja-yr1mc 8 років тому +1

      Just remember George Carlin advertisement lullaby

    • @1575murray
      @1575murray 7 років тому +6

      Today's vehicles depend too much on electronics for me. If you have a reliable older vehicle keep it until it quits running. Among other things you don't have to buy collision or comprehensive insurance which are very expensive where I live.

    • @lsvtech21
      @lsvtech21 7 років тому +2

      murray1575 i agree that why i keep my 92 civic plus i now how to swap engines and transmition

    • @steeldriver5338
      @steeldriver5338 6 років тому +1

      Ruben Salinas Shoot, these days it's cheaper to completely overhaul an older vehicle. I agree, too many electronics in today's cars.

  • @Thegamehighlights
    @Thegamehighlights 8 років тому +157

    I can't breathe... Lol!!! Preach Dave Ramsey!!! Just bought a 2004 Ford Explorer for $2300 with 118k miles. That's how you do it Jose. An I make 5 times Joses salary

    • @keyroncampbell
      @keyroncampbell 8 років тому +4

      good move

    • @keyroncampbell
      @keyroncampbell 7 років тому +10

      ***** I had a 2006 mercury montego for 4 years... I'll never buy new... I'll let them buy new and I buy smart.

    • @elizagold2186
      @elizagold2186 6 років тому +6

      2000 Toyota with over 200k miles

    • @alextallent526
      @alextallent526 5 років тому +1

      Joseph Allen wish I could double like your comment! That’s how you do it Joseph!

    • @ronturitto2738
      @ronturitto2738 5 років тому +4

      When your Explorer leaves you stranded let me know how smart the purchase was.

  • @briangarcia3012
    @briangarcia3012 7 років тому +71

    i just finished paying off my old car loan and have been broke for 3 years and was gonna take out another loan on a truck then i saw this video and changed my mind thank you dave ramsey!

  • @typhoonbluemusic
    @typhoonbluemusic 10 років тому +50

    5:17 "I can't breathe." My face is hot from laughing so hard!! I love Dave's rants...

    • @nicholasmartinez6043
      @nicholasmartinez6043 2 роки тому +2

      The best part was when he said before that how I’m sure you can find the constitution that everyone deserves a Honda Civic 😂

  • @goatismyname
    @goatismyname 9 років тому +60

    I have a 18 year old truck, paid $1200. Runs fine until it doesn't. Fix it and continue on. Even if the repair bills add up to $1000 in a year, I am still a head by 1/2 in comparison to the cost of a new car payment.

  • @coopsnz1
    @coopsnz1 8 років тому +161

    My parents became muliti millionaires ,, because they didn't buy new cars

    • @visionary6498
      @visionary6498 7 років тому +3

      Ben Chesterman so they didn't do anything worthwhile they just lived like peasants?

    • @coopsnz1
      @coopsnz1 7 років тому +15

      And you democrat voters live beyond your means , why your Fucken poor . Then you blame government why your poor . I wish government shrunk because you People that try to live the rich life on a average salary deserve less help

    • @visionary6498
      @visionary6498 7 років тому +3

      Ben Chesterman I'm a college student studying engineering, I'll be richer than your whole family with a good credit score as well. Come down buddy nobody mentioned politics. Your parents sound like democrats living like cheap Jews.

    • @steeldriver5338
      @steeldriver5338 7 років тому +4

      Visionary Somebody lived like a pheasant just because they never bought a new car? How ridiculous is that statement?

    • @marcus3457
      @marcus3457 6 років тому +5

      Ben, your parents sound like people who understood money. Our little buddy Visionary hasn't gotten off the front porch yet and thinks he knows more about money than your parents who are millionaires. That is about as stupid as it gets.

  • @dash4800
    @dash4800 5 років тому +21

    I got into an argument with a friend who believes that everyone is entitled to a new car and new house. He thinks that ever person at any full time job should be able to support a family and have these things. Its completely ridiculous. Not surprisingly he is going nowhere in life.

    • @varmastiko2908
      @varmastiko2908 Рік тому +4

      "He thinks that ever person at any full time job should be able to support a family and have these things." Yes, very ridiculous... Yet this used to be how it is. Work a full time job, get a house, a car and support a family. That was 60 years ago. Very ridiculous. Fast forward another 60 years from now and what do you get for working a full time job?

    • @hxwow
      @hxwow Рік тому +3

      ​@@varmastiko2908 nothing

  • @cheenoulee7455
    @cheenoulee7455 5 років тому +8

    I’m 20 years old making 32k a year. I like cars. But I like money more. I found Dave Ramsey’s videos while searching up “how to negotiate for a new car”. Thanks to Dave (and myself), I did not purchase a $25,000 car. Prevented myself from going broke. I currently drive a 07 Civic SI and it is going strong. Thanks Dave for opening my eyes.

  • @The2Dennis
    @The2Dennis 7 років тому +10

    college of mine was always laughing about my cheap old car (paid in cash)
    one day he came to work, having bought a new car.
    ofcourse started bragging about it, and laughing about my car again.
    i asked him, who payed the car? you or the bank.
    let's just say, he didn't talk to me for a week, and never laughed about my car again

  • @jillianquattlebaum
    @jillianquattlebaum 10 років тому +48

    This is the battle going on in my head every time I hear about somebody's "struggle" with debt and how expensive their car payment is ... I don't get it. I still drive the car I owned when I was 16 and am now 25. My next car will be my "new to me" mommy van in 3 years!

    • @crow-vz5lx
      @crow-vz5lx Рік тому

      Legit. A van is awesome. I low key want to buy a used Honda van. A few years back, when I worked my second job, I helped load customers vehicle with furniture . And a lot had those vans. Wow . Everything lays flat. There's an immense amount of empty space . Plus the chairs are super comfy. I'm a big guy (255)and that was just amazing.

  • @Myholyradio
    @Myholyradio 10 років тому +27

    Just bought a 1999 Honda Accord yesterday for $2800 cash! Works pretty good!

  • @Call_Me_Mom
    @Call_Me_Mom 10 років тому +53

    "I'll help you with freedom, baby, it's called a BUS PASS!" Lol, ROTFL, Priceless. I wish they would show this in high schools.

    • @VegasRolo30
      @VegasRolo30 10 років тому +4

      I agree. I still ride the bus. I'm on the cusp with being debit free And having babystep 1 at just about the same time!! Then I plan to get a USED car, and go on like Dave says, snowball over and over.

    • @MarnaCOG7
      @MarnaCOG7 10 років тому +2

      There is a legitimate concern about those who work far from the bus route, though. However, people have creative solutions to this, like carpooling and van shuttle services. Borrowing money for a car is not the only option at all.

    • @Call_Me_Mom
      @Call_Me_Mom 10 років тому +4

      MarnaCOG7 I don't think the problem is with this person buying a car, but rather buying a NEW car. I have never owned a new car in my life. There is no sense in it. In fact I haven't paid over $5000 for a car. It's possible to find a reliable used car for much, much less than a new car would cost.

    • @MarnaCOG7
      @MarnaCOG7 10 років тому +1

      Call Me Mom I was so stupid, my last semester of college I got an awesome internship offer but it was far out of town and I needed a car. The dealer told me I didn't qualify for a used car so I "had" to buy new. Stupid tax!

    • @Call_Me_Mom
      @Call_Me_Mom 10 років тому +3

      Wow. Well you live, you learn..

  • @johnwest8984
    @johnwest8984 5 років тому +30

    Watching this in 2018, couldn’t be more relevant.

    • @johto
      @johto 4 роки тому +1

      2.1.2020, even scarier

    • @jeffmiesen
      @jeffmiesen 2 роки тому +1

      Also in 2021. When I go to CA and see all of the people driving brand new BMWs, I’m always wondering how many of those people can actually afford those cars.

  • @jcrowley1985
    @jcrowley1985 8 років тому +105

    I paid $700 for a 1986 chevy. It's old enough to qualify for classic plates, no longer is required to get emissions tests, and still runs great.

    • @ir10031981
      @ir10031981 8 років тому +2

      +jcrowley1985 wow! a 30 year old car, we could all stand to learn from you, so many people with cars that are 3 years old on average I think, how does one keep a car for 30 years? what's your secret? I haven't seen a 1986 anything in years.

    • @ir10031981
      @ir10031981 8 років тому +3

      my 2006 Nissan Altima is 10 years old, I'm trying to keep it for another several years in lieu of buying a new car.

    • @orion3706
      @orion3706 8 років тому +4

      +ir10031981 mine is 10 years old with 123,000 miles on it. I do most of the maintenance myself. keep the oil fresh, and the fluids full and it'll run forever.

    • @edgart4869
      @edgart4869 7 років тому +2

      Sell it to me.

    • @icelineman
      @icelineman 6 років тому

      Cheap to fix!!

  • @cjzanders5430
    @cjzanders5430 9 років тому +37

    One guy got on me for tricking out my Grand AM. I payed a few hundred. Later on in the year, he buys a car for $40,000. and has a car note of almost $600.

  • @dreddy_g
    @dreddy_g 6 років тому +26

    I make $90K a year, and I drive a 20 year old truck which i bought for $4000 cash. sometimes I think a newer car would be nice, then I sit down, pencil out how much my monthly payments would be, plus insurance, registration, and maintenance... then I would say no. I spend $60 a week in gas, $600 insurance a year... and $60 insurance. life is good when you can live with less. cheers!

    • @vinniedeluca2188
      @vinniedeluca2188 4 роки тому +2

      Why not just pay cash for a new car, that’s what I did, best decision I ever made! There is absolutely nothing like a new car and if you go through your life driving trash box vehicles then your not really living

    • @shoeplayisbad1
      @shoeplayisbad1 3 роки тому +2

      @@vinniedeluca2188 because they lose 30 percent of the value the minute you drive off the lot

  • @Ricardo_C
    @Ricardo_C 4 роки тому +24

    I've been this dumb and shallow. Financed a 50k pickup when I had no use for one. Sold it and now I drive a 500 dollar car 😁

  • @dabliss101
    @dabliss101 9 років тому +82

    I love Dave Ramsey. What else can I say?

  • @american-professor
    @american-professor Рік тому +13

    When I was making 24k I was eager to buy a new car, it felt like the most important thing in my life. Now I’m making 250k and I can’t justify such an expensive purchase. I’m still driving my old car I bought when I was making 24k. Your money priorities start to change when the things you wanted suddenly become available to you and you realized you don’t want them anymore.

  • @Santi_fernandez-_-
    @Santi_fernandez-_- 5 років тому +7

    I drive a 4k car, 2007, my coworkers most of them drive a 2017 and up, I make almost double of what they make, on mondays they asking me for $20 to put gas on their new car. Funny part on fridays they laugh about my old car. What they dont know is that I almost have my 3rd new house finish and paid off.

    • @lisavaden9903
      @lisavaden9903 5 років тому +2

      Way to Go, one thing thro I WOULDN'T give them ANY gas money. With them making fun of you.

  • @ladynottingham89
    @ladynottingham89 10 років тому +8

    yes i'm a moron, thank you Dave dont remind me, this year i finish paying the damn car, wont buy a new one till the freaking thing falls apart screw ppl and "appearances", could have saved myself so much bs and $.

  • @workingshlub8861
    @workingshlub8861 8 років тому +20

    you can be laid off /fired with no notice at most jobs..remember that. i drive a 92 chevy work van i paid $800 for and it runs great. you have to be ready for that unexpected financial downturn. you dont have to be a super cheapskate but.. use common sense.

  • @marioc1201
    @marioc1201 10 років тому +37

    He probably lives with his parents rent free

  • @icecream4depression
    @icecream4depression 10 років тому +38

    I have a 1998 Honda Civic. Still runs great!

    • @coopsnz1
      @coopsnz1 7 років тому +2

      I think you deserve integra type r ,for spending wisely

    • @icecream4depression
      @icecream4depression 7 років тому +8

      Ben Chesterman 2 years later and I still have this car. It still runs great too.

    • @Ironliftr3
      @Ironliftr3 6 років тому

      I think I have the same car. 1998 civic dx with Manual locks and hand crank windows. FYI I am debt free and will paying off my mortgage next month.

    • @Bubbasizer
      @Bubbasizer 6 років тому +2

      1998 that's like new, I have a 1988 Honda Accord. If I taped a nickel to it, it would double in value. Good little car though.

    • @harangadsingh1434
      @harangadsingh1434 4 роки тому

      LiveLikeBrittney do you still have the car? Eager to know

  • @njabulomasina4180
    @njabulomasina4180 5 років тому +4

    The worst car accidents happen on the showroom floor 😂😂😂

  • @ianfitchett2768
    @ianfitchett2768 5 років тому +2

    Honestly if you do the math, the cheapest long term answer to buying a car is to get a brand new version of a very cheap/reliable model like a corrola or elantra. It's only the cheapest option if you can afford to not finance it. You will pay virtually nothing for gas, insurance, or repairs, and even though you get a lower return on resale because of the depreciation, the exchange is that you get to keep the car longer with no issues. When I did the math on my ownership of a 10+ old car, I found that the amount I spent on repairs was greater than the cost of depreciation on a new car. And don't forget the only expense worse than repairing a car is replacing a car. The longer you put that off the better off you are.

  • @twentyfrancs3744
    @twentyfrancs3744 7 років тому +6

    "i can't breathe." hahaha, great reaction by Dave.

  • @LetMeRetort
    @LetMeRetort 9 років тому +13

    Bought my 1st car when I was 30! That too a 10 year old one. I was using public transport before that. At times I have waited for hours for a bus. I know for sure that it is doable. I agree with Dave. The new smell of a new car wears off far too quickly. That smell really costs you a few thousand dollars though.

  • @KeylargoVideo
    @KeylargoVideo 4 роки тому +1

    The worst accidents happen on the showroom floor..Gold.....

  • @JCA51698
    @JCA51698 5 років тому +4

    A relative of mine recently paid off the last of his payday loans. Then he financed a new car for 5 years. He’s 70. When I asked him why he did that, he said he hadn’t had a new car in a long time and that he didn’t want to take any chances on a used car. Some people really don’t want to stay out of debt. They’d rather take the easy way out.

  • @DouglasGardnerTV
    @DouglasGardnerTV 9 років тому +10

    Thats why you buy a good used car! Our family bought a 1998 malibu with 80k miles for around $2k. This car is in perfect shape and will last a long time, and it gets 28mpg. You dont need a "new" car.

  • @ketankshukla
    @ketankshukla 7 років тому +4

    The problem with buying a $3000 car is that you end up paying $500 a month on repairs!

    • @coopsnz1
      @coopsnz1 7 років тому

      Buy a $10000 car then . You can pick up a s4 for that

    • @Georgeqaws
      @Georgeqaws 7 років тому

      That is the stupidest thing I have heard all day. I bought a car certified and etested for $1400 CAD over 4 years ago and have only spent a total of $1500 in repairs. This includes the cost of new tires, which was about $500. The biggest repair was replacing the 2 front wheel bearings which was about $500.

    • @coopsnz1
      @coopsnz1 7 років тому

      $20000 you could buy a decent mileage e39 m5 or e55 amg

  • @theresediverde2333
    @theresediverde2333 10 років тому +2

    "What you believe about anything nobody gives a rip". I LOVE IT!

  • @mangusallen6208
    @mangusallen6208 8 років тому +18

    My father left me a car after his death, keeping it up and saving money for my retirement

    • @3b3id
      @3b3id 8 років тому

      Good job!

  • @lauribricker9439
    @lauribricker9439 4 роки тому +2

    The answer can be summed up quite nicely with one single word-NOOOOO! Thank you Nathan Explosion!

  • @johnadams6678
    @johnadams6678 9 років тому +30

    Amen to this! We have NEVER bought a new car and my wife and I are in our 40s and well off. It makes absolutely no sense. We only financed one car ever, a 7 y/o van that ended up being a TOTAL money pit. We just paid cash for a second vehicle and will NEVER NEVER finance a car again. Our stepdaughter on the other hand bought a new $20K car 5 seconds out of college and will likely never pay it off before she trades in to a new one in 5 years. Sad sad sad that people think they need to buy a "nice reliable new automobile" to get to work to pay for the automobile. Makes no sense.

    • @essel23fly
      @essel23fly 7 років тому +4

      John Adams Because there's a lot of people that actually view cars as more than just a device to get you somewhere.

  • @user-cp2hr5mb3s
    @user-cp2hr5mb3s 8 років тому +39

    My sister financed a £16000 car 1 year ago and decided that she was too good for the car because it was the type of car that young idiots in call centres would spend their whole years pay on and shes a nurse earning £23000 a year (18000 after tax and NI) so shes financed a mercedes A class for £26000 over 4 years so she can look better than other people. She is 25 and has no savings after putting down the deposit.
    After interest on the car loan it will cost £30000 and mercedes only gave her £10000 for the 1 year old car so over 5 years she will have spent £36000 on cars which is double her current take home pay.
    Hows that for stupidity?

    • @triad6425
      @triad6425 8 років тому

      I always thought of the UK as a very public transportation friendly place. Was a car even necessary for her to get around? I have only been to London so I don't know much about transportation outside of there.

    • @inkey2
      @inkey2 8 років тому +4

      +Brett G wait till she needs a repair that's not on warranty. It will cost a kings ransom

    • @user-cp2hr5mb3s
      @user-cp2hr5mb3s 8 років тому +2

      inkey2 she got a large nail through the tyre after a few months and it cost £180 for a single 18 inch low profile tyre.
      As a comparison a tyre for my clio costs £40

    • @user-cp2hr5mb3s
      @user-cp2hr5mb3s 8 років тому +1

      Its not really a good comparison because the A class has went from a horrible looking box to a nice looking hatchback but you can buy one for £6000 with 20000 miles on the clock and 3 years old.
      For the decent model the cheapest with decent mileage is 14000 with 30000 miles.
      If you dont care about looking better than people then you can get nice cars for waaaay less.
      The best depreciation in the uk is for a vauxhall insignia which is a decent saloon but there is so many of them there is a huge list of them at £6000-8000 that have low mileage. When they are new the decent spec models are 20000+.
      I dont understand how people can throw so much money away

    • @coopsnz1
      @coopsnz1 8 років тому +1

      she's brainwahed

  • @obochobie8620
    @obochobie8620 7 років тому +7

    I cannot stand people who get a loan for a brand new 35k car and then a year later trade it in for another 40k car. I'm like dude wtf is wrong with u

  • @VegasRolo30
    @VegasRolo30 10 років тому +7

    True Dave....bus passes doesn't also include interest rate and so on. I'm still taking the bus, BUT on the verge of Babystep 1 and being debit free....and when then only I'm going to get a USED car, by cash. Thanks Dave.

  • @showmethefacts4061
    @showmethefacts4061 4 роки тому +4

    Dave Ramsey: I cant breathe.

  • @ClothesShoesLover
    @ClothesShoesLover 10 років тому +10

    I FUCKING LOVE THIS MAN. U ROCK DAVE. SORRY FOR THE CURSE WORD. I GOT EXCITED. LOL

  • @bombpop2461
    @bombpop2461 6 років тому +5

    "Oh my God I can't breathe!" 😂

  • @TheRamseyShow
    @TheRamseyShow  8 років тому

    Stay up to date with the latest videos from The Dave Ramsey Show by subscribing!
    ua-cam.com/users/DaveRamseyShow

  • @brandim1441
    @brandim1441 5 років тому +5

    I love the way Dave just tells it like it is! 😂

  • @soultrain8891
    @soultrain8891 5 років тому +1

    My car is a 2005 Buick Lesabre. It’s totally paid off and I drive it with pride to my job where all my coworkers are driving new/leased cars. My Ramsey-mobile has saved me thousands of dollars and helped me get out of debt! I’m gonna drive it till the wheels fall off.

  • @houstonveganchick5659
    @houstonveganchick5659 8 років тому +11

    Dave Ramsey is freaking hilarious

  • @sk818factory5
    @sk818factory5 4 роки тому +1

    I got my 98 Toyota for 800 bucks, 133k still drives like a champ

  • @thisisnightshop2037
    @thisisnightshop2037 7 років тому +4

    I bought my '83 Mercedes 300d in 2013. I spent several thousand making it run and drive correctly. much better than a new car. I'll never have a car payment!

  • @jeremyrushton8310
    @jeremyrushton8310 5 років тому +2

    I make about $1,000,000 per month and drive a rusty 1974 Ford Pinto with 500,000 miles on it. Cost me just $0.75.

  • @helenpauline7
    @helenpauline7 9 років тому +2

    good advice! I got my first car used (borrowed the money from my parents) and paid them back within a year, and it still runs 10 years later! Fingers crossed for another 10 years!

  • @vickieclark5931
    @vickieclark5931 7 років тому +8

    I love Dave! He's so funny to listen too. He's so right also.

    • @davester1970
      @davester1970 7 років тому +1

      Of course he is right. It is a shame that personal financial education isn't taught in schools. Maybe this country wouldn't be in the financial shape that it is in.

  • @timcarmean9627
    @timcarmean9627 9 років тому +3

    1:39 Classic! That knowing look to all of the hardcore Dave listeners. Awesome

  • @MarshmallowHumor
    @MarshmallowHumor 10 років тому +4

    Thanks Dave for setting me straight.

  • @mikeyvester
    @mikeyvester 7 років тому +8

    I am well off and I still drive beaters that I pay cash for. But, I do have a $12,000 bicycle which I paid cash for.

  • @shafserious2805
    @shafserious2805 8 років тому +2

    Alot of pple in America have a high salary and are broke in debt, crazy!

  • @champoreloaded6019
    @champoreloaded6019 Рік тому +2

    I just recently did a voluntary repo/return and honestly it was actually a relief. It was so stressful trying to keep up with something I couldn't afford. I can actually breath a little and even have extra money for my household. Thank God my wife and I have another vehicle we can share. I hate that that I lost the car but i consider it as just a hard lesson. My next car will definitely be paid for in cash!

  • @BirdieMoonEDU
    @BirdieMoonEDU 6 років тому +4

    If it’s your money then you’re entitled to buy whatever you want. But there will be consequences.

  • @patriot20000
    @patriot20000 8 років тому +2

    Husband & I just bought our first new car, only took 36 years! Always bought used and kept them til they died. This car (Toyota Camry) will be with us for at least 10 - 15 years. We were able to retire early because we Always lived below our means. If you can't pay your credit card off in full each month then you are buying things you Can't Afford! Don't do it. The couples we know who are broke: eat fast food often, shop a lot, and always had new cars. They will be working forever and have no future to look forward to. Don't be that person. Don't try to impress others or try to make yourself (or your kids) happy by buying things you can't afford. You'll also be teaching your kids how to be broke too. ( I''ve seen that too.) Then who will take care of you when you're too old to work and you have no money in the bank? Start today on a new path!

  • @adinahwithkaden
    @adinahwithkaden 5 років тому +5

    He has no money regardless cuz you can't live in LA on $26K

  • @harpjason208
    @harpjason208 10 років тому +14

    Dave's afterburners let off at 4:00 min....I WANT a new truck but DON'T have the cash..I will have to keep driving my 97 E 350 Ford I bought in 99 with 43k on it , which now has 362k.... Still runnin strong. Other things to Invest in other than cars. Like my family's future.

    • @PersistentPatriot
      @PersistentPatriot 10 років тому

      Preach, nigga!

    • @harpjason208
      @harpjason208 10 років тому +3

      Thanks for the thumbs up. Please don't use racial epithets at all when doing so. I met him personally on many occasions volunteering at his shows. He wouldn't appreciate it either. Thanks again.

    • @PersistentPatriot
      @PersistentPatriot 10 років тому +4

      Sorry :(

  • @bryan_witha_whyy
    @bryan_witha_whyy 5 років тому +1

    I was doing Dave Ramsey at age 19 in the Army...then I THOUGHT that my paid off car with 70,000 miles wouldn't get me home to see my girlfriend 9 hrs. away. Was scared I'd break down along the way, so I financed a car much like the article at 18% interest. Dumb...dumb...dumb. Then I got married and had a baby, and needed a bigger car. Rolled negative equity into a new SUV...and the cycle just continued. So stupid.

  • @equisader
    @equisader 4 роки тому +1

    "Your half of average. No-one gives a rip what you think". Hysterical. I love Dave's candour.

  • @marky4573
    @marky4573 3 роки тому +1

    I work with a guy who borrowed money off family and took out loans to buy a sport car because it was worth 60K and he got it for the bargain price of 50K.

  • @batistapamela
    @batistapamela 4 роки тому +3

    I laugh so hard when he said it was on the constitution of America that you must have a Honda Civic 😂🤣🤣🤣

  • @podcastbard
    @podcastbard 8 років тому +4

    last new car I had was in 1993. had it for at least 10 years and over 300k miles. I worked a full-time and part time job.

  • @willowandluka5302
    @willowandluka5302 5 років тому +8

    Honestly, a 1990 4Runner is a much cooler car than a new Honda CRV. A 1994 Civic is way cooler than a new Ford Focus. New cars are pretty lame for the most part. There’s comes a pride of keeping an old car going.

    • @vinniedeluca2188
      @vinniedeluca2188 4 роки тому

      Nah anybody that says that is completely jealous of the people who can afford to buy new cars, new cars are a million times better then old cars in every single way so stop being envious and just buy the new car you’ve always dreamed of, you only live once

  • @mkite715
    @mkite715 4 роки тому +2

    “the business end of a shovel” 😂

  • @bobmarker6812
    @bobmarker6812 4 роки тому +1

    Retired @ 57 W/ NO debt ( including house paid off in 11 years ) working a part time job I love. NEVER owned a new car. Being debt free is necessary for freedom.

  • @artdeluxe5625
    @artdeluxe5625 6 років тому +2

    Omg I can’t breathe 😂😂😂Dave is a legend! Such a wise man! Thanks for schooling and guiding!

  • @MrHav1k
    @MrHav1k 5 років тому +5

    "I can't breathe."
    ROFL

  • @rolandoosegueda6343
    @rolandoosegueda6343 9 років тому +5

    thank you uncle dave ill keep driving my 95 civic until i have enough money to pay for a new one cash!!

  • @Saviour-117
    @Saviour-117 3 роки тому +1

    Dave Ramsey, I don’t know if this message will reach to you or not, but I just want to say, that I love you.

  • @gauravudiyavar9050
    @gauravudiyavar9050 3 роки тому +1

    @4:05 This is the first time I've seen Dave's tone suddenly go from an ascending level of screaming to Dalai Lama-like control. A new side of Dave. 50 shades of Dave. Dave is a legend.

  • @jayj4439
    @jayj4439 3 роки тому +2

    I realize my financial situation isn't so bad after hearing people get robbed into these car payments

  • @bluestarmoney3214
    @bluestarmoney3214 3 роки тому +1

    Ya grab the business end of a shovel! Awesome point and agree 100%. Well said Dave

  • @johnnnewmex
    @johnnnewmex 7 років тому +2

    I have used a bicycle for transport at many times in life. When I was in college and working full time I rode my bike across town 5-6 days/week to get to work. I also used a bike to commute to work for over 5 years because work was less than 2 miles from my house and though I made $70k/yr it made no sense to drive. If you are truly broke, not owning a car is a GREAT way to save money. The only catch is you should consider getting a living situation near your employment if that is feasible.

  • @eezy251able
    @eezy251able 4 роки тому +1

    I get why people want new cars these days, saftey is one for a start. The safety side of cars, especially European models like Audi/BMW are absolutely fantastic!!

  • @cathycombs414
    @cathycombs414 10 років тому +11

    Yes..I agree..........GET a job...if you want a cell phone/or CAR....and get one you can AFFORD...duh!!

  • @nathansherman1683
    @nathansherman1683 4 роки тому +2

    One of his funniest yet! Oh my gosh he's hilarious. And I agree with everything he said

  • @puck30
    @puck30 5 років тому +1

    Find a car auction in your area, if you or you have a friend that has mechanical skills that's a plus. Brought one new car in my life, been there done that.

  • @davidkrumme1302
    @davidkrumme1302 5 років тому +2

    average car is unaffordable because people are able to take out loans. without loans there would be pickups for 20k new

  • @JCircassian
    @JCircassian 10 років тому +1

    Everyone forgets owner expense plus taxes attached: Personal property tax, Registration + tax, License fees + tax, Inspection + tax, Insurance + tax, Mechanical Maintenance +tax (parts, labor & environmental fluid disposal fees), Tolls/Parking Fees +tax & Gas+tax. New 28-42 % value is annual owner expense used 10-28% value after 10 yrs old. Owning expense if have tools, knowledge & maintain self reducing cost then close to lower end owning. Every aspect owning is tax revenue based. Old car expect tax for insufficient fuel economy or smog (clean air - environmental tax). The latter tax suppose increase development public transport -- last looked that hasn't occur in 25 yrs but auto industry bailouts did!

  • @chieftp
    @chieftp 5 років тому +1

    I know a real estate millionaire who is such a tightwad, he doesn't even own a car any more. he also wanted me to do work for him for substantially less than I charged everyone else. I stopped returning his phone calls.

  • @eugene680
    @eugene680 7 років тому +3

    Did I hear that right? The definition of making it in this country is the car you drive?

  • @wmcfly22
    @wmcfly22 6 років тому +1

    When he started yelliiinnnng LOL!!

  • @leoesposito8762
    @leoesposito8762 7 років тому +1

    hi Dave i have just discovered you thanks to youtube and i already think your a champ.. You look like and remind me of a talk back radio host here in Melbourne.. keep up the great work..

  • @eduu2
    @eduu2 5 років тому +1

    I bought a Chevy Equinox 2005 145miles for 2,300 . am happy with it.
    Runs for me 5 years i know.
    I promise myself i will never get into car payment till i become rich , btw not need car payment if u are rich.
    Thanks Dave!

  • @saraphillips1038
    @saraphillips1038 2 роки тому +1

    I really think you have to hate making car payments. Which I do. My husband and I had a brand new car when we were first married and we did not make the money that we should to afford the car. Every time I would roll up to the bank to make the payment I got a sinking feeling in my stomach looking at that coupon book and all of those coupons left to pay. We never did it again. The problem with buying things you can’t afford is that I put you in crisis mode. You continue making poor financial decisions because you run out of options. I hope some newly married people reading this might benefit from hearing this. Fortunately we learned our lessons and we’ve been married almost 25 years now.

  • @danielle228512
    @danielle228512 4 роки тому +1

    Dave Ramsey has that attitude of if you’re any something in life you gotta work for it. The world doesn’t owe you anything. That was the way of life when I was growing up and I still live by that motto. This new entitled generation is what pisses me off. I work full time and go to school full time. I have no time for anything fun of course but I know if you work hard in life it generally pays off in the long run. I drive a rusted old car that I payed $1400 for and it drives and runs just fine. I love not having to worry about car payments and gas. Especially in school I can’t afford it. I couldn’t care less what people think as long as I can get to where I need to be I’m fine.

  • @MrTuhinshaikh
    @MrTuhinshaikh 4 роки тому +1

    Great job Dave. Most Americans don't have basic financial knowledge. You are educating a lot of people.

  • @zdenek3010
    @zdenek3010 5 років тому +1

    I had an ad before this video for new jaguar Ipace. I love that car.

  • @martincamlic7193
    @martincamlic7193 4 роки тому +1

    Love this!

  • @stabilski1315
    @stabilski1315 8 років тому +1

    love this dude !

  • @annavideoediting3180
    @annavideoediting3180 5 років тому +2

    Nothing gets me working as this angel does ❤

  • @beng4151
    @beng4151 5 років тому +1

    I'm sure this will show up in Dave's study as well, but the millionaire study they did 20 years ago showed that most millionaires either bought used or standard new cars: Ford, GM, Toyota. Not expensive ones.

  • @jackmeyer8451
    @jackmeyer8451 6 років тому +3

    “I’ll help you with freedom, here’s a bus pass.”