Buying Salvaged Title Cars - How To Save Up?

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[@SaggersAlt]

I like Dave. Hes a smart guy but he could work on his communication. He is coming off as condescending and patronizing a little bit.

[@lewismann175]

You know, he prefers to get to the point, and it’s money so no emotions.

[@antiquarian1773]

True but her question is so simple she could answer it herself lol.

[@wesstafford23]

View him as a financial COACH... he hurts your feelers and gets in your face to get his point across because too many people in our own lives enable us to do the wrong thing. He is just trying to fuel your fire.

[@ReloaderJoe]

I can understand his impatience, even as a listener. Every time he asks a caller a direct question, they try to tell him the whole back-story.

[@hebrews11vs5]

Dave isn't very phased by what we think of him.

[@1439smoke]

I've purchased vehicles from auctions for great deals. Just bought a 2017 Hyundai Elantra SEL with 30k miles for $5,087 out the door with fees just needed a front bumper cover, driver airbag and front seatbelts that locked up during a very small minor front end collision. Cost me in airbag, seatbelts and airbag module $600 in parts and was able to ziptie my front bumper for now, no fender damage, hood damage nor frame damage litterally just front bumper/grille. Vehicle came with window sticker msrp in glovebox with a couple dealer add ons was $23k just 2 years ago and im under $6k into it and have a very nice reliable car for many many years so don't overlook unconventional places like auctions

[@cedric182]

David Garcia you’ll find out if it’s reliable. You don’t know yet.

[@javontedonuts1034]

@@cedric182 it's been 5 months since your post I believe he good good

[@jerrynonofbss2588]

can anybody body auction cars? where?

[@T62vair]

@@jerrynonofbss2588 look for insurance auto actions. The ones near me have some nights open to public and some nights open to auto dealers only. Same for online bids. Certain actions are open to public.

[@colin1818]

I make a car payment every two weeks, without fail, to myself. I'm constantly saving for the next vehicle. You never know when you might have an accident and need a new car overnight, or when a major mechanical bill will make it more desirable to simply move on from your current ride. And the good news is, if you end up with more money in that fund than you need you can always just rebalance it to some other goal. If you're already conditioned to make car payments then don't stop. Just pay yourself and not the bank.

[@rsaathoff]

No comment from Dave about buying a rebuilt title vehicle?

[@rodrigodasilva2629]

Chill dude. Don’t be rude!

[@nmarkert01]

Rude? Lol man you haven’t met enough people. That wasn’t rude.

[@rodrigodasilva2629]

Ok 😒

[@soulerflare7]

@@nmarkert01 yep , he was rude .

[@7625e]

Fam how was that rude? He assumed she was married and was surprised she didn’t know her household income. RUDE?? Smh u need to fix your internal sensitivity settings bud

[@soulerflare7]

@@7625e no , I'm not that sensitive. He was rude .

[@LavonteR]

I honestly don't know why Dave has to be so rude, its very off putting and I don't think its necessary to speak to anyone that way. I was a fan but I just hate his personality honestly.

[@JasmineFlores-oy5ib]

i am glad im am not the only one who feels like this!!his principles are great but I wouldn't want to hang out with the guy.

[@FabricFest]

Well, it is irritating when you ask a person you are trying to help a clear and simple question and they don't answer it. The customer isn't always right and since it is his own show, he can behave any way he'd like on it, mad respect for that. However, we should all work a little harder at being nice. Also, he seemed put off from the very beginning, I wonder if there is something he knows about "buying titles" that we don't. Is it shady or something?

[@MilanBroz]

Rationalization, they want his approval although they must know he will not agree...

[@jamaallewis3520]

Lavonte Robinson yeah at times he can seem pretty rude its mostly to get straight into answers and not beat around the bush

[@davidboozer2410]

Because the question was stupid... that and the fact her answer to "how much are you looking to spend" was "something reliable."

[@ourtruth216]

I love how he’s direct but respectful 💕

[@Troymatti]

In My experience, if you don't see the damage on the car because they've rebuild it, try at least to get information if the airbags were deployed, if not it possibly a minor damage

[@1439smoke]

I've purchased vehicles from auctions for great deals. Just bought a 2017 Hyundai Elantra SEL with 30k miles for $5,087 out the door with fees just needed a front bumper cover, driver airbag and front seatbelts that locked up during a very small minor front end collision. Cost me in airbag, seatbelts and airbag module $600 in parts and was able to ziptie my front bumper for now, no fender damage, hood damage nor frame damage litterally just front bumper/grille. Vehicle came with window sticker msrp in glovebox with a couple dealer add ons was $23k just 2 years ago and im under $6k into it and have a very nice reliable car for many many years so don't overlook unconventional places like auctions

[@monstermushroomcloud]

No one was rude nor dumb. Was a simple miscommunication on Ramsey's end. Even if she was married that doesn't mean they share a joint bank account. His gerneral use of house hold income is too ambiguous and caused the confusion. A more precise question would have been: How much would you spend on the car and how much can you save up for it per month/year? Her annual income is irrelevant.

[@romansten9]

he has his arms crossed, closed attitude, and after the first minute or so, he began to become very RUDE and acted proud, and was short with her, not patient and understanding.

[@maranlou2542]

romansten9 BS

[@gregwill5372]

She was so dense

[@dunn1375]

Haha, it’s his show, she called in for HIS help, it’s how he decides to run HIS program. Everything else you said is obsolete

[@creativej]

Yes, it's his greatest downfall... he's an a$$. 🤷‍♂️

[@jensn6490]

Salvage cars are the way to go if you can get it inspected and get a "rebuilt title", otherwise insurance will be a problem. Buy the cheap salvage, fix it, rebuild the title and then drive it till it falls apart. Invest the money you saved.

[@jondoe5305]

Exactly what I did with my 2016 BMW. I paid 10k less then a clean title one and everyone I know is surprised but I only paid Camry money for it.

[@lionheart93]

@@jondoe5305 does it still work?

[@jondoe5305]

@@lionheart93 I sold it broke even pretty much and just bought a Cadillac XTS instead. Only 13k and typically they go for 20k plus.

[@missfabulous2443]

@@jondoe5305why did you sell it?? Did it break down?

[@jondoe5305]

@@missfabulous2443 no just got bored of it I like trading in and out of cars

[@jaystannard]

Saving for a $15,000 car over ten years $15,000 / (12*10) = $125 a month. That's without investing it. I'm a bit rusty on my finance math. However, I think the future value of an annuity (in this case a month-nuity) at 8% annual returns, would mean putting in about $81.50 monthly. Also, I'm always extremely wary of buying a salvage title car; it may be cheaper and look new, but you don't know the structural damage. That and 15k will buy a lot of used car with a clean title.

[@tommygoodwin9656]

Jay Stannard

[@jhamm2303]

Pay cash for a depreciating asset? Use the banks money to buy a car and put your cash into a cash flowing investment that generates enough to pay for your car note. Once your cash flowing asset pays off your car (you said your car has 10 years) keep driving the car and put the asset earnings into an account to pay for your next car cash. Learn how to responsibly use credit and leverage your current cash. (I'm not a lisenced money manager, just a guy who learned how to utilize the system to my benefit)

[@8FigureEarner619]

J Hamm Now we’re talking. Dave Ramsey should be teaching what you said, but he’s stuck in the STONE AGE. We could any get so far paying cash for everything!

[@jhamm2303]

@@8FigureEarner619 Thanks MM. Fortunately I had a good mentor. Wish you well.

[@jondoe5305]

@@jhamm2303 there's different ways to look at it. Some would say it's better to pay cash upfront and have no overhead so in the long run you will invest that money back without the headache of debt.

[@alistaircollins8721]

@thedaveramseyshow Dave, I love your show and what you do for people. Your teachings help me have a healthier financial life and I thank you for that. My biggest concern is the way you speak to people, you can come off rude and condescending at times. People know you have the answer to their problems but might be afraid to really tell you their problem when you can come off rude and condescending. It is scary being out in the open (vulnerable) sharing their income and their situation to a nationwide audience, just to get scolded like that. Please show them some grace.

[@jejoko]

This comment is STUPID 😅🤣🤣

[@shadowstrangler1]

you wanna save money on cars ? buy a Toyota easy.

[@joelstatosky1817]

You would have to specify the model. I want a toyota supra

[@realtalk4real243]

They have problems 2. Gotta look at model and year

[@jondoe5305]

Could get a rebuilt title porsche for the price of a Toyota. Have some style not everything has to be so blan. You can still get a nice reliable car that is luxurious.

[@winindoubt5715]

@@jondoe5305lmfao a reliable porsche with a r title im sure the insurance loves you idiot

[@KiDCollabBeats]

he was rude in this video!

[@swish4773]

That's cause the woman is blabbing on!

[@SURENITY]

Same thing happened to me. My parents bought me a gorgeous shiny Metallic Ruby Red Lexus Grand Sport 350 series for my graduation gift. With a clean record. A year later, the frame and suspension was corroding. Apparently, the once beautiful car was salt water submerged in Hurricane Harvey.... And it was title wiped. We sold it for parts to a Lexus parts warehouse, for half of what we paid, and never looked back. Best decision I have ever made. It was a gorgeous death trap.

[@AdamSmith-gs2dv]

I will say this unless you know a ton about cars avoid buying salvage cars they can be real money pits if you don't know what to look for.

[@Shiroyashasama]

I seriously don’t see what’s wrong with the way he spoke. All of you sensitive kids must’ve gotten used to talking to people who don’t know how to answer simple questions. She kept diverging and not answering so he was making sure the conversation was moving forward.

[@eteviseleiato184]

Bro! He has answers for every financial questions I've ever had.

[@aceofspades6667]

@Dave Ramsey I know this video is 7 years old but with current prices on the used car market this subject is more relevant that ever. I have the opportunity to buy a rebuilt title 2019 Genesis G90 for $22.5k in cash. The current clean title market price with similar mileage (38k miles) is going for ~$40k. I've seen pictures pre accident and the airbags did not go off and the damage was limited to the front bumper and crumple zone. I've drive the vehicle and it rode perfectly with no warning sensors. The dealer also paid for a 3rd party inspection call blue star which passed with 5.0 stars and the state also inspected it and certified it as rebuilt title. Is this something to consider or should I just look at older used vehicles with clean title?

[@michaelgladney9657]

If it takes 16months to save up for a 15k car , just get a loan on it and pay it off quicker. Pay on the principal so that you wont owe interest

[@abdladigun6436]

Saving > Borrowing

[@mr.mckinnon5680]

salvage cars in great. if they've been repaired properly. those ball joints aren't. where they are supposed to be though, it's just a Big Money Pit. my best advice is find the point of impact. Draw straight line through the car. And that's everything that needs to be replaced. If it hasn't, then you will be replacing. and I don't give a shit what a Salesman says, if the bumpers are not straight it's got frame damage. just because he can't see it doesn't mean it's not there. One of the key parts of a vehicle inspection, is bending over and looking under the car. if it doesn't look right, it's not.

[@determineddad7935]

Ive boughten two cars in the area she is talking about. Both salvage. IMO Pros: salvage titles in California need to pass vigorious safety test(brakes and smog) ALOT cheaper No major issues. CONS: you potentialy are taking a gamble. If you are not mechanically inclined or have ones in your house that are not, then you may pay big when maintenance is due or things go out. Not as pretty as a more expensive car

[@arturogotti3790]

Rebuilt title cars are not bad at all! They’re cheaper!

[@2tooful]

But more expensive to insure and some companies don’t even insure them

[@jondoe5305]

@@2tooful wrong that's salvage titles not rebuilt. You buy a salvage and rebuild the title.

[@jz497]

Wow. What an old grumpy guy! Who hurt him

[@sundancer7381]

So many dealers ......want to make money with you having a car loan. Any thoughts about how to avoid that??

[@nelsonianb1289]

Yea but having a car you know you will have no trouble with is worth the money to life ratio

[@SirCeaser]

Hey Dave, what car insurance company or 2 would you suggest for car insurance for a low budget?

[@SmithSurveying]

Wawanesa is cheap if you live in a state where they offer service

[@briangiven7399]

What does this question have to do with salvage title cars? This seems like a typical scenario for anybody driving ANY car. Eventually it will die and you will have been saving for several years. Seemed like useless info at the start of this exchange..

[@MrOiram46]

Scotty Kilmer and his Toyota Celica: *Allow us to introduce ourselves.*

[@jermainerobinson7098]

I love Dave’s advice and it makes sense but he can be a bit short with people sometimes maybe the callers are calling in before he’s had he’s lunch? Lol 😂😂😂 come across as he’s being rude/ patronising lol great videos 👏🏾

[@jaytheo510]

How, at ALL did Dave Ramsey come off as rude? Pretty straight forward and to the point, really.

[@elijahbutterfield4869]

Well, I'd say more "Stern" but, to some people that can be rude.

[@lorrainehoward5909]

I'm a first time car owner and I need help on WHAT I'M supposed TO DO NEXT AND HOW MUCH DO I HAVE TO Pay for the title pink slip

[@tenzackyogi1742]

Broken car title has its own financial nightmare. So keep in mind, bring your trusty mechanics but not a crooked mechanics.

[@ronmcdade2865]

All these people saying Dave was rude, dont know what they are talking about. He was being straightforward. The woman couldnt even do simple math in her head to figure out how to save up like wow.

[@lionheart93]

we need this intro back Dave

[@SithLordDarthBane]

Never buy a car with cash… NEVER… you will get the worst deal… instead finance then when you get home call the bank and get a payoff amount. Dealerships think they are making more money of the finance due to incentive they get from the banks for securing loan for them. They are more inclined to give you a better deal up front thinking they are going to ear more on the back end. You will get credit for paying off loan quickly (same as cash) but get a good deal as a finance car.

[@wavesonswim8128]

Facts! This is how you keep great credit lol 😂

[@rashadburnett-mccray5115]

He wasn’t even rude . . .

[@leojanuszewski1019]

So much for Southern hospitality...

[@gregd4115]

Dave does not support salvage titles ... many people save lots of cash ...

[@AdamSmith-gs2dv]

Greg d There is a reason sure there are golden salvage cars but there is a bunch of trash and its hard to know the difference if you don't know anything about cars

[@dericanslum1696]

...many people buy nightmares not having the means to properly discover and diagnose the myriad of horrible side effects of seemingly minor damage...

[@greyorbit]

She get's 10 plus years out of cars she paid 1/2 for and she is asking a finance guy car advise? She seems to have it figured out.

[@MrOiram46]

She should go to Scotty Kilmer lmao

[@HaviccB]

Cranky Dave is Cranky

[@JeremyRayValdez]

Good info but gosh... why is he always so condescending and arrogant ?

[@DigDeeperNetwork]

What's the bellyaching for? Dave wasn't rude. It's a simple procedure to get what she's looking for. Mind you, she mentioned nothing about long term goals. Her only goal was to sit in a new economy car... 15k budget. It's not an investment, per se. You want to pull off the lot in a marked up hooptie? Set a timeframe, stash the cash according to the math, exercise patience until you can fiscally cross that finish line with cash in hand. You aren't following the program if you're worried about the 4 wheels that get you places. A to B people! Beans and rice, rice and beans.

[@MrMike95624]

how was he rude lol

[@tez_foe4382]

His Body Language

[@colin1818]

@@tez_foe4382 - First time watching Dave Ramsey?

[@katelynbrown98]

The fact that he said he didn't know what your household income is? And then assumed she was married and was surprised.

[@Rainy_Day12234]

If you’re a mechanic the risk might be worth it.

[@nunyabusiness1312]

I would just buy car and reticle them In a different state

[@karenmorton2112]

He was rude and she should invest the saved money

[@nordicpride9708]

The mileage myth is alive and well I see…..

[@ahmedaswad1971]

You are not a media man . maybe you were an criminal investigator

[@zeezeebo]

Please! I don’t see any arrogance and condescending in him

[@codycole7472]

she needs to be an adult and live on her own. Buying her next car is not her problem. She needs to move out of her family's house and get her own freaking life.

[@badbwoyjojo3724]

don't judge you don't know her situation.

[@strat1080]

Lol at the comments saying Dave was rude. The caller made it more complicated than it needed to be. Pointless call really

[@yateswebb]

Cmon Dave

[@PubStarFlash]

Who calls for such a dumb question

[@strat1080]

I know right

[@Lowkey-yb4nm]

He was short because she called to get the most obvious advice lol.

[@DeceptseaN]

He's not being rude, he's being straight forward. His show would drag if he matched the personalities of his callers.

[@tez_foe4382]

So, Interrupting Her While She's Speaking Is Not Considered 'Rude' ?

[@matt.108]

Dave you need to work on your body language and communication skills don’t expect everyone to know their household income

[@shootthemoon9549]

She sounds like Elizabeth Holmes fake voive

[@timothyalancline6057]

Condescend much?

[@kinderutz]

Buy a salvage title car from a Ukrainian...what could possibly go wrong? 😂😂😂😂😂😂

[@3rdJose]

This lady needs to grow up

[@tez_foe4382]

How ?

[@del_84]

I knew he was only pretending to be a christian.

[@acolytes777]

dumb remark Being 'nice' has nothing to do with being a Christian, being truthful is.

[@christopherlampman5579]

I love how every Christian likes to accuse every other Christian of not being real. (Sarcasm)

[@richardgray8593]

+Christopher Lampman I love how godless liberals like to tell Christians how to be a Christian.

[@josuejimenez3562]

can i get her number?

[@codycole7472]

she needs to be an adult and live on her own. Buying her next car is not her problem. She needs to move out of her family's house and get her own freaking life.

[@jimm7418]

Why? she works and probably helps with household expenses. She's Ukrainian she has a different culture than yours you need to understand that. It's no big deal to live your family if you're not married in many cultures. I think it's a good idea if you want to save money.

[@10haji]

I don’t understand what is the issue with living with your parents... if it benefits her and her parents than there is nothing wrong with that. In a lot of different cultures is normal to live with your parents whether your a guy or girl if your not married yet. I think is makes sense.