Dave Ramsey and Rachel Cruze Disagree On This Call!

💵 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.ramseysolu...

[@jacobroberts1928]

Finally SOMEONE that can disagree with Dave 😂 That was fun to watch

[@michael86ishable]

Well, it is Dave’s daughter. Haha

[@JBrown-go8ru]

@@michael86ishable Wow, I've been listening off and on for a while, and never knew that.

[@davidchester429]

The rest of them are scared of being fired!

[@davidchester429]

@John Doe has he left Dave? Shame I like him

[@gritsnwavy3059]

This isn't the first time. No matter what they're saying I'm always on Rachel's side. 💙💙💙

[@cooleobrad]

Dave: "This is the rationalization process people use that gets them in trouble." He's 24, debt-free, $100k networth, making $160k/yr. He doesn't have a problematic rationalization process when it comes to finances. Rachel is completely right.

[@jml9550]

Yep. The only thing is he is trying to get the hottest new truck from Ford. If he can get it at MSRP, it is a no brainer. If not, buy something else. It is just a transportation tool. When you have wealth, you can then buy something else.

[@AnimeBeefRandoms]

Ya his finances are great, that's doesn't change the fact that prices are way too high on a depreciating asset right now and he's getting a bad deal.

[@jml9550]

@@AnimeBeefRandoms exactly, this is the worst time to buy cars and houses. Prices are ridiculously high. Unless you really need a car now, don’t buy it. Have some self control. BTW, I have a feeling that the dealer will sell it as MSRP, but they will add another $3K worth of dealer installed accessories to maximize profit.

[@benjohnson3349]

Dave is correct. This is the same mentality people use to buy items they don’t need (or a more expensive item than they need) because it’s “on sale”. Look how much money I am saving because I think I found a loophole. It might work once. Dave is constantly telling people to avoid the thing that usually fails even though it might work once because the odds are it will fail or if it works you get hooked by a behavior that leads to failure. Either way you lose and if you think you are the one who definitely won’t lose, then you are already exhibiting the losing behavior.

[@eflvin]

Unheard of in my youth, to make that much money at 24. Unbelievable when I hear these calls.

[@PurpleRose8725]

Dave is stuck in dealing with stupid mode, lol This is one of the few calls, in a rare time, where the caller is truly looking at the numbers and not attempting to manipulate his way into a truck

[@braceyourselvesfortruth2492]

Dave doesn't do numbers, he does full-blown cultist approach for his own profit.

[@richard77231]

It is fair to question whether the deal is legitimate. When you build a car online, you are calculating the MSRP with the options selected. That is different than what a dealer is going to sell for (could be more, could be less). Simple logic suggests that the same truck new would not be purchasable for less than one with mileage on it.

[@rayjgold]

@@richard77231 you are thinking rationally....Dave is only thinking about how going against his rules even once could affect his business. Had Dave said, if you can get the car cheaper new....get it...but I don't think you can, then i could follow him... but. ..... no...Dave is not saying this. He is saying to get the used car even if the cost is higher, so that his rules remain unbroken.

[@jeanlenor1858]

Off the script

[@jml9550]

@@richard77231 well the caller did say the dealer is honoring MSRP and has it in writing. If that’s the case, buy new.

[@OCDTraci]

MORE FIGHTS WITH DAVE PLEASE!!! Bring Racheal on more....she's not afraid of him like the other hosts and I love that she can challenge him, being his daughter and all

[@tjmcavoy-jensen871]

Same we need more respectful disagreements, I love it

[@freedomworks3976]

Yes true

[@chrishart8548]

Dave is stuck in the 1960's if you are paying cash and have a good salary and savings. And just buying a sensible car I don't see it as a problem.

[@officerahmo]

I just put two and two together.. Rachel is his daughter (insert mind blown emoji)

[@waldo-ot6ul]

​@@josephericfisk1938not really not on this issue

[@kevinlam4773]

Dave: Follow the rules no matter what and don’t think for yourself. Rachel: Do what makes sense for your future.

[@spicerc1244]

Why do they need a vehicle that’s arbitrarily over $20k? Just buy something cheaper.

[@garykilber3960]

Buy a bike, its cheaper to drive!!

[@jerrybesch8532]

Right $3k to $5k should buy anybody a decent vehicle

[@gersonisidro4754]

Two things can be true…however I side with Dave playing it safe is…safe. Look at the excitement on Rachel’s voice, in my experience people always talk like that before when they are getting fleeced. Dave sounds and is calculated while Rachel maybe it caught up in the moment and that brings on a risk. Just a thought…

[@cawheeler27]

@@spicerc1244 Um… a truck under 20k used is gonna be hard to find unless you’re buying 15 year old clunker with 200k miles. It really doesn’t make sense right now to do that. Which was Rachel’s point. Their advice would normally be good, but at this specific moment in time, you will be financially better off getting the maverick. It’s actually a really good deal for what you’re getting.

[@fishtail1129]

I love how Rachel is logically making her argument. Dave has two problems here-one is that he CANNOT ever, no never go against one of his principles, even when all facts say yes you should; and two, all his other co-hosts are yes men/women who do not dare disagree with him. I’m proud of Rachel for not backing down here. I think she’s right. Nothing about this caller indicates he is going to go do something reckless and stupid.

[@caitlynclark3253]

well thats another thing too, the other cohosts have to be yes-men/women because of the boss-employee relationship- Rachael is his daughter so shes willing to argue back lol

[@creeper20ps]

@@caitlynclark3253 RIGHT!!! She's the daughter. People here think's she's so brave. Of course she's brave. She ain't going to get fired.

[@andnew1335]

Dave is trying to prevent the “bad habit” but Jared obviously doesn’t have bad habits if he’s debt free already.

[@Porphyrios02]

I'd have to disagree. You can still have bad habits if you're debt free. Spending for status and not giving just to name a couple. This could lead to the place you got your self out of. It only takes one slip.

[@JiisTube]

The point is to not adopt new bad habits.

[@Smallvillefreak]

Whether Jared does or not, Dave has to talk to the viewer/listener as well.

[@michaelspino906]

Dave has a tendency to think about the listener rather than the caller when he gives advice. This results in very consistent messaging but comes at the sacrifice of the caller. This is the primary complaint about Dave outside of his circle. I do agree that the 'awareness' Dave talks about is the key to wealth building and I believe for Dave the 'end justifies the means' with his answers on the radio show.

[@andnew1335]

I understand the bad habit, but keep in mind the pandemic running all the prices high. That’s why Rachel was ok with the new over the used car. If it wasn’t for these prices, Jared was willing to buy used as a debt free person.

[@mumu800]

Good job Rachel. Most co-hosts are scared of challenging Dave. They always wait to see which road he will take and follow it. 😉

[@Woboito13]

I think the only other one I've seen kinda go against him is dr delony (spelling? Lol)

[@Naturefan354]

That’s because she is Dave’s daughter and she knows he cuts her slack and wouldn’t fire her for challenging him.

[@ryanl3812]

Helps when the boss is also your dad lol

[@jml9550]

Haha, that’s right. Fire me I dare you. You are gonna have to deal with Mrs. Ramsey :)

[@jrus690]

@@jml9550 That is why Dave has multiple homes, some of them undoubtedly in different countries.

[@j.asmrgaming1228]

When ideology means more than truth. This is a very dangerous way of thinking.

[@edb484]

Right Dave was so wrong on this call, glad Rachel called him out on it

[@Ferdinand208]

Christian values.

[@j.asmrgaming1228]

@@Ferdinand208 how do you mean?

[@whyme7996]

@@Ferdinand208 leftism

[@GDuncan8002]

Dave's whole approach assumes that his callers are horrible with money, which is usually correct. But when they are intelligent and reasonable, it flips the system on its head.

[@johnwick6481]

Caller: *Uses logic and common sense* Dave: So I took that personally.

[@Dan51320]

I understand Dave's reasoning. He's speaking of the "trying to rationalize the decision to make it okay in your own eyes can lead to you doing that elsewhere". He's talking about building bad habits. But Rachel is right here, it's math that is in play right now. Makes more sense to buy the new one than a used one.

[@jml9550]

Yep. If normal time a used 2-3 year old car is the best deal. But currently we are not living in a usual time.

[@garrettmesser3977]

Yup, if it was a used $20k Dave would apply the rule of less than 50% of your yearly salary in things that have motors.

[@calebniederhofer6529]

Rachael is correct. It makes more sense to buy new than used in the current market.

[@oscarflores3887]

Im so glad that rachel isnt scared to disagree. I like that about her. Sometimes i feel like other personalities are scared to talk their mind because they are going to lose thier job, especially ken.

[@ebonylo.]

Well he is her dad so...

[@jml9550]

@@ebonylo. exactly. What is Dave gonna do, fire her. Eventually she is gonna cash in once Dave is dead.

[@findingnory]

Why would anyone be scared? People love working with Dave. The only people that get fired are the ones who do stupid stuff off camera. Dave isn't impossible and he gets along with his cohosts, pays attention to feelings, and all that stuff. He just has a system that literally pays his and Rachel's salary. Why would any of them even want to budge from it? lol

[@Christian_Villanueva]

@@connordavis2345 what are you talking about? I googled and couldn’t find anything

[@michaelcarter266]

Racheal is right. If they needed a car and a new one actually cost less than they could buy a new one. Would it actually cost less? Who knows.

[@MichaelRoberts9000]

Only if it is cheaper. There are bunch of people complaining online about buy a car online and when they go to pick it up they get with a huge "processing fee" or "document fee". Because ,for the most part, new cars go through a dealer it's almost impossible ti get it cheaper than a used car. The sales people know how much it cost used.

[@Argedis]

The 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

[@strider2929]

They are actually agreeing that he should buy the cheaper car…Dave is just saying he’s likely not getting the new car for the cheaper price. Listen to Dave

[@rolandoflores2806]

This inflation is putting Dave’s principles under attack.

[@victoriagarcia5533]

So true.

[@Argedis]

How so? We're in a car bubble so even if you sell your current car at a higher price, any used/new car will also be marked up. The 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

[@jeffreysproul9110]

@@Argedis Not necessarily the worst deal if you ordered one and the price is locked in with an agreement in writing.

[@Argedis]

@@jeffreysproul9110 Ford stopped taking orders in January. There are also SEVERAL Reddit posts about dealers marking up custom orders before they even arrive. Like this one: "I am a 6/14 order, 7/5 confirmation no build date yet. Dealer told me they would be marking up my order when it comes in." When you order something there is no VIN yet so it's not like you can just get a regular bill of sale with the exact vehicle VIN in writing.

[@GUYSnGAMES]

Rules exist for a reason. But every rule has that OOOOOONNNEE exception every once in a while. & I think this call is that exception. I believe that Rachel is right in this specific situation. Math is math!

[@lovyng]

She's right, but math isn't always the biggest denominator

[@teeduck]

His rules. Not my rules

[@evanmcgough5210]

I believe in math also… we did the debt avalanche because of the math. Dave doesn’t believe in straight math all the times hence his rants on the snow ball. This is just another piece built off those principles

[@jeanlenor1858]

Off the script 😂😂😂

[@gehlanbowker1765]

If the caller can actually get the new car for 25k than Rachel is right. Cars do go down in value but the new care of he can get it at that price will still be worth more than th used car bought at that same price, in 3-5 years.

[@TheRealCcE]

The only one on payroll who can openly disagree with Dave.

[@ashleygabriellapladsen]

😂 got that right

[@jgoincomedy5837]

Thanksgiving is going to be awkward

[@faltio69]

This is true! Lol

[@feuerrm]

Yeah I definitely agree with Rachel on this one

[@Kurt-t9h]

She sure is smart. She’s the main reason I watch this show

[@bmmk12]

🤣 Dave unravels when his principles are actually not the better idea!

[@alinatamashevich3354]

How many people has he driven into bankruptcy?

[@edb484]

@@alinatamashevich3354 Dave is so wrong on this, I’m glad Rachel called it out. The guy saves thousands by buying the new car. Used cars are so much with this high inflation.

[@alinatamashevich3354]

@@edb484 Dave is still correct. The guy has a low net worth with high income. The caller will be OK. I think Dave was leaning towards the guy buying a 15K or less car to get by until this craziness get over with. Dave operates on worse case basis. Guy loses his job, etc. That is why Dave wants one to have a 1M net worth, a 30K car will not rock their world. 100K , not a good margin.

[@KD-oc7qk]

He’s acting like a toddler with no control over his emotions. Plus cohosting with a woman that is his daughter; sounded so disrespectful.

[@alinatamashevich3354]

@@KD-oc7qk It must be working, here you are!

[@patricksanden3575]

100% on Rachel’s side.

[@victorgarcia3250]

She only continues to have a job because she’s his daughter 😂

[@waldo-ot6ul]

Ouch 🤕

[@adrodog17]

It's good when Rachels on because she's not afraid to disagree with Dave. It's understandable that the other hosts dont ever want to disagree with him because he's their boss. I feel like John bites his tongue sometimes 😂

[@RandomVids519]

They all wear knee pads

[@WilingtonProductions]

@preyr631 John is so goofy and makes things too personal.

[@faltio69]

This is true with John, but not with Kamel, he’s got that Middleeastern macho man twang! 😊

[@Manihsi]

“Oh yeah, John is always concerned about your safety!”😂

[@danielpineda508]

This goes to show that Dave is stuck in his own way of doing things. This is simple math here. It has nothing to do with the questions the caller is asking. Dave can’t go against his own advice even when that makes it seem unreasonable and with no logic. I like Dave Ramsey but his advice is always cookie cutter to everyone regardless of the circumstances. Not everything works the same way for everyone. It’s time for an upgrade.

[@OCDTraci]

The upgrade is Racheal! :D Love that she challenged him

[@sinclairal]

I disagree. His method is proven. Also, dealers are not selling cars for less. So the very premise of the question is invalid.

[@Argedis]

Dave said people should just "drive what you got" right now, and he's right. The dude never specified a reason for needing a new vehicle except saying 'she needs a new car'. If her car was totaled he would've said so. For some reason many people consider ~$1k in car repairs as justification that it's time to get a new car. Also the 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

[@claudiacanales2662]

Dave loses a lot of credibility when he starts to exaggerate things. This guy sounds financially solid for his age. Kudos to him!

[@megalodon1726]

100 years ago, Dave's advice would have been "don't buy a car unless you're a millionaire, buy a horse and buggy! Horse and buggy has been a proven solution for 500 years!"

[@Djrobbyrob205]

Dave so stubborn he ignoring the math to sell his product.

[@findingnory]

Why are you angry? Would listening to Dave's advice here hurt anyone? I don't understand your issue lol!

[@ebransc09]

He’s treating the caller like he’s an addict, which all of us watching this video either are or have been and are at risk of relapse

[@BrandonMinguez]

Rachel is right, and Dave is being a hypocrite here. On many calls he talks about understanding basic math. This isn't rationalization, it's math. He's not considering a $80k new vehicle at 24. If a four year old vehicle is the same price as a new vehicle, and you NEED a vehicle, buy the one for the price that meets your needs. And yes, some dealers are selling new cars at MSRP, and some are selling new for $15k more over MSRP.

[@westte1417]

Well if that wasn’t Daves daughter, she would’ve been fired for disagreeing! Lol

[@lynneaworley2710]

I don't think so.

[@MexicanWorkEthic]

Dave’s philosophy is spot on but at this moment In time it would make sense to buy new just because the numbers make sense.

[@rayjgold]

So his philosophy is spot on, but it isnt spot on? Have to pick a side.....either Dave should be followed 100% of the time, or the philosophy is questionable at best.

[@truckingmoney485]

Most people that watch these videos probably doesn’t follow his plan 100 percent

[@SummerLeigh12]

Why new Honda Civics are hard to find. Just bought my first new

[@danielcooper8124]

I’m 30 with a 2020 Ford Raptor I bought for $63k in 2020, it’s 2022 and BMW just offered me $72.5k and I owe $43k… I love Dave but I built my 2021 charger Widebody for $43k and they were on the lot for $52k, car people know how to buy cars Dave is trying to save people that don’t know how to buy cars

[@SlowparSheena]

You one blessed soul. Congrats on getting that Widebody! I hope to get a Hemi Challenger at some point. Until then I’ll be content with my old Slowpar 6-banger 🤣🤣🤣

[@hardy3089]

I love Dave the man and his teachings have literally saved my life but I have to tip my hat to Rachel on this one. Also really enjoyed this clip of banter it’s nice to have respectful disagreements in the show every once in awhile

[@ocmetals4675]

I love Rachel!!!! She gets it! Dave is stuck in a world that’s gone. She understands that when up is down and left is right you have adjust to a new reality using the spirit of the law instead of the letter of the law.

[@Benzbuild]

I agree with Rachel with the math

[@joannevanzyl4391]

I think that Rachel's ideas 💡 should at least be heard and not totally dismissed as is what happened here. Rachel, you go girl!

[@theGrayArea2]

That’s not fair Dave. You can’t preach Math is Math but then when a guy who is 24 yr old has followed your steps, debt free, makes a good income and clearly still has a “sense” to question what he may decide, clearly he understands the dangers and is aware so I definitely disagree that he may make this a “habit” of asking the wrong questions in life. He is just trying to figure out why one seems to make more sense than the other, secondly we are taught as children that there are no wrong questions, only wrong ones are the ones never asked. End of the day, you know what’s best for your financial and family situation. You have come a far way and seem to be doing better than most can say at that age or any age for that matter, go get that truck man.

[@MR3DDev]

Problem is Dave thinks one size fits all and you are always wrong.

[@stevenporter863]

It doesn't look like he is going to 'get in the habit' of changing the 'sacred' steps. He is just trying to navigate in never before seen conditions.

[@alinatamashevich3354]

@@MR3DDev Hard to argue with 30 year track record.

[@Soccerboy4Jesus]

@@alinatamashevich3354 in 30 years a new car has never been cheaper than a used one.

[@alinatamashevich3354]

@@Soccerboy4Jesus Not sure I understand your sentence

[@rayjgold]

Nonsense! Not all financial rules should be followed, without question, all the time! E.G. Debt is bad.....is NOT true 100% of the time....like when it is a 15 year home loan after 20% down and not over 25% of take home pay, according to Dave. To stick to a rule that tells you to buy a 26k used car instead of a 22k brand new one?????? because you arent a millionaire????? is ridiculous!

[@warrioroflight3813]

Yes, makes no sense whatsoever. I don't care if Dave thinks it's breaking some kind of financial oath, the new car has warranty and cost less than the used one what's the problem?

[@bobbyb7672]

Another Dave rule I dont follow. Don't contribute to your 401k while paying off debt. I'm not leaving that 100% return/match on the table. No way!

[@jml9550]

Debt is bad to me. I am gonna pay off my 15 year mortgage at 2.625% in 3.5 years. I just wanna get mortgage out of my life.

[@rayjgold]

@@jml9550 Your words will mean something, after you sell your house and rent for the rest of your life to get rid of the debt you have. If It was bad to you, you would not think this a bad idea.

[@bobbyb7672]

@@rayjgold He said pay off his mortgage. Not sell it and rent.

[@AdrianO.]

They are so entertaining together.

[@chasyho]

Yes, in this RARE case, it makes sense to buy the new car. But Dave's thoughts are correct

[@Jumperman12mac]

As long as it's not being part of the markup

[@mdthomas8368]

I agree. Just paid MSRP for a new car ($22k) instead of buying a similar 3-4 year old cars that were $23-25k. BTW, wrote a check for full amount and drove off lot jn less than 90 minutes. Net worth appx 700k.

[@chasyho]

@@saulgoodman2018 in what way do you disagree

[@alinatamashevich3354]

@@chasyho You will NEVER get that answer from Saul. He is a Dave troll and brain damaged

[@alinatamashevich3354]

Sadly, this guy will not get the deal he thinks he will.

[@javierhuizar4207]

Dave, your method works best for people with extreme behavioral issues with money, which the caller clearly does not have. Be more open-minded that your formula is not one size fits all, all the time.

[@jrwntctv8091]

Everybody has behavioural issues with money.

[@GDuncan8002]

​@@jrwntctv8091 My behavioral issue with money is that once or twice per year I'll buy a $2 drink at Circle K instead of bringing along a 30 cent drink from home. Like the caller, Dave's system is of limited value to me.

[@Rashaadthegr8]

Haven't had a car in 13 months and am debt-free. Life is as best as it's ever been. Plus I made more work from home than ever going to a job.

[@isaacburrall194]

Dave is a smart man. He understands what’s happening and if talking one on one he would tell someone to do something that makes sense (what his daughter is saying). But Dave has an audience that needs consistency. He has no choice but to be consistent with the rules. Give an inch and people take a mile.

[@aledomer6805]

Exactly! He concurs with Rachel, but he also needs to cater to a broader audience, which is why he responded in this manner.

[@yaboy80]

Bingo.

[@JonSnowsGhost]

To be clear - Because she’s his daughter, only Rachel can argue with Dave!!! 😂

[@sandramulchahey8268]

Everything is stupid right now 😒

[@jerrydixon3862]

A 24 year old dropping 25-30k cash on a vehicle makes me wanna cry 😂 that’s sooo much money in retirement if invested

[@julianmontoya8660]

Potentially yes.

[@albruhtross5658]

Short term potentially, long term definitely

[@jaredanderson526]

Update bought the car and sold it for 13k more than I bought it for

[@sopapilla9512]

​@@jaredanderson526perfect example of why Dave isn't always right. He's a human

[@CCF_Christopher]

Great update!

[@Goldeneye1WoT1Marble]

I did the exact same thing this caller was considering. Bought a new 2021 crosstrek at MSRP (dealership didn’t mark it up) when used 2019 crosstreks were selling for 15% more than new.

[@keokio7]

being in a room full of people that completely agrees with you is a very dangerous place to be

[@dannymartial7997]

I bought a brand new car during the chip shortage, and it was literally cheaper than a used car with 20k miles on it. And my dealer had a thing where they weren’t allowed to mark up their cars above the MSRP, but it only applied to new cars. So I was forced to buy brand new, but I honestly don’t regret it.

[@edwardrhoads7283]

Here is why I know Jarrod is going to be a millionaire by age 40: He is considering value not price and realizing that right now the new car is the better value. Dave is only right when he is right about what will happen to the value of the car. The problem is it depends on what you buy. If I had a 500k net worth dave would be okay with me buying a 50k used car but not okay with me paying under 20k for a new honda civic. That is nuts. I bought new...

[@jimroscovius]

You're forgetting about the loss of value from the time you get it. Given the same price, I withdraw buy the used car. I was looking at Traverses, and I found a 4-year-old Traverse at the same price as a new one, but the new one was base model, and the used one had all of the features. I'd buy the used one.

[@donniechaffin6897]

This is the problem with absolutes. I sold a 2.5 year old car for more than I paid for it. I took $6,000 of those dollars and I invested them. I took the remaining money and bought a used Toyota Camry that was two years newer (and still under warranty). Sure, I overpaid on the Camry, but I was overpaid on my other car. There is opportunity in every market.

[@kevinkapp7125]

Dave is wrong in this situation. I was looking at a Maverick and the dealer told me if you order one they will sell it for MSRP.

[@bradleymaravalli2851]

Get it in writing and make sure there is a clause that if they break terms, you get x-amount of dollars for the broken deal.

[@jml9550]

@@bradleymaravalli2851 yep. And make sure the dealer is not gonna tack on $4K worth of accessories to pad the profit. Seen that happened before many times with new models that everyone wants.

[@jogirl837]

We’ve done this twice now for my husband’s business (in cash). We ordered from factory (at the dealership) & it cost less than what was comparable for sale (used) on the lot

[@stevenspencer6480]

A lot of dealers will let a factory order go for MSRP. Vehicles sitting on the ground ready to go will be marked up. That’s the way this works 90% of the time.

[@vxptc1]

Agreed. U don't usually pay markup on a custom ordered car.

[@jeremy_logan]

A true glimpse of what a Ramsey Thanksgiving looks like. Would love to be a guest at this table! 😆

[@faltio69]

Or just a fat fly!

[@jrwntctv8091]

"Don't buy a vehicle right now" is the takeaway. Buying a vehicle in general is stupid, but sometimes people have to do stupid things.

[@jordyjustine]

Why would buying a car be stupid in all cases across the board?

[@josephliptak3183]

Buying a car in general is a good thing. Not stupid!!

[@FpsHavokboy]

Okay if you really think that then whatever car you have now, I want to see you driving that car til the day you die Let’s see if buying a vehicle is stupid now…

[@jrwntctv8091]

@@FpsHavokboy I'm well into my 30s and never driven a car. Worked out perfectly for me so far ...

[@lisandroCT]

Funny that got to this video now. In 2022 (when this video was uploaded), we were looking for a used car and we ended up buying a new Ford Maverick. 0 regrets. Very smart decision. No markups. MSRP and even got window tints, bed spray-in and a couple other extras from the dealership for free because they tried to play smart with me.

[@azteca6695]

Rachel is the ONLY one that can challenge him

[@SuperCalculus]

Dave, you're wrong this time. You don't have to always be right.

[@TinyMiniStealth]

Rachel makes more sense then Dave

[@livingunashamed4869]

Rachel got him, go new if its for sure cheaper.

[@KMT15]

I took delivery of my 2024 Ford F450 Limited back in January for $105k plus tax. I ordered it in July of 2023. Right after I took delivery, I sold it for $119k to someone who didn’t want to wait 6-12 months for a new one. My 2018 F450 Limited is good enough for now, and I put another one on order.

[@austinscott5596]

So pay more for a used car out of principle? Yeah I'm with her on this one.

[@jim2386]

We bought new for the only time during covid. The price of new vs used was within 3000. No regrets here.

[@mgaming7]

Dave, you're wrong this time. when you Order a car and they sell it to you for $22K, they can't turn around when it shows up and say oh by the way, we now want $35K for it now. sorry bro, you are wrong. dave, he said "My wife NEEDS a car" he's not asking because he is bored and just wants to spend money

[@m3gumby]

Dealers are only given specific allocations of builds per year. Because the manufacturers website shows you 22k doesn't mean the dealer is willing to part ways with their allocation at 22k, especially if the demand is this high. It's done at time of negotiation, not after delivery on the lot. Even then, you don't own the vehicle at time of order, but on delivery, dealers can still do whatever they want. Dave's argument wasn't framed well, but he's right that this young man will not find a dealer willing to sell their allocation at list. PLUS Ford isn't taking a Maverick order until this summer, so something isn't adding up.

[@Viva_La_Vargas]

Hats off to Rachel standing up to grumpy lol

[@pauljinadu]

Dave + Rachel = 💥 and her laugh.... amazing. Dear Lord Send Me my "Rachel".

[@TomiaMacQueen]

No debt, paying cash and the new car (which normally comes with warranties and likely no needed repairs) costs less than a used one (which normally comes with no warranties and greater likelyhood for needed repairs) and they both depreciate driving off the lot.. it's simple math, it's really not rocket science, but it is hard if your premise is 'don't break the rules to the system I created'. The fact is that we are in unprecedented times which means some rules have to adapt. Rachel's right on this one, Great discussion.

[@Globerson]

There’s nothing wrong with buying the ute if he’s getting it at a price better than what he could get it used. Dave’s trying to make it something that it’s not, he’s NOT broke he’s got a 100k net worth, he’s got no debt, he’s 100% wrong on this Rachel is 100% right.

[@jocelynmiller4380]

I work at a dealership and there is markup on retail vehicles, but order vehicles don’t have markup.

[@eli-bt4he]

The thing is, the only way to get these deals on new cars is if you are willing to wait months to a year. The reason why the new cars on the lot are marked way up is because the dealer doesn't actually want to sell it, since they won't get another one to show to potential buyers for months.

[@giovannicatamo6348]

3 years ago i bought a brand new chevy bolt for 32k, because 1 or 2 year old used models were around 35k. Drove it for a year then sold it for 39k.

[@meganparker8703]

Rachel was absolutely right on this one. Dave can’t admit he’s wrong

[@vinylgroovin747]

My parents just built and ordered a new car through Toyota. It arrived a few months later. They paid what they were quoted. Dealerships and car manufacturers have a reputation to uphold.

[@GDuncan8002]

Many dealerships have a bad reputation, and they uphold that.

[@kstevens0915]

We need more of this contrast conversations!!!

[@JBrown-go8ru]

I agree. It would makes things a lot more interesting.

[@GDuncan8002]

Likelihood of Dave being right: 70% Likelihood of Dave being stubborn: 100%

[@MartianAmbassador69]

If caller NEEDS a car, obviously Rachel is correct. It literally makes zero sense to pay more for a used car over a new one. I do understand where Dave is coming from though with developing bad habits. I also agree that there's no way caller is getting that car for 22k.

[@gacklehacks]

Ford is cracking down on dealer mark ups! Finally!

[@russellbryner5649]

I love Dave and his stuff has changed my life. But this is where Dave's got some dogma around his financial system. If it works out the way the caller says then just like Rachel said, "that's math."

[@angelab.3245]

Don't be discouraged if you must purchase a vehicle this year; deals are out there, just harder to find and you have to act fast! We just bought a 2007 van from a used car dealership for only $10k! In beautiful condition, only 102k miles, new tires and no engine issues. My husband checked online daily until he found it, and called the dealer immediately. A church was selling it because of under use.

[@apophispnw5717]

“Cars go down in value” right after Dave hears his teaching crumble before him when she said she can get more for her car than she paid for it a few years ago

[@Argedis]

Yeah you can get more for your used car but you will also pay more for any used/new car. We are in a car bubble which will eventually end. Dave said people should 'drive what you got' and he's right. The only people who would win in this situation is if they ONLY sell a car without buying another one. Also the 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

[@nailatiylluf]

So Dave’s literal argument is “I don’t like you questioning what I say even if I’m wrong.”

[@blicce9597]

I love watching Dave’s videos but he is very stubborn, old school stuck in his ways, traditional, and doesn’t want people to take any risk. I only agree with about 70% of the things he says.

[@mirix1515]

The problem is that most of Dave’s audience has behavior problems managing the money. If he tells people get a loan and take risk,he is pushing them to think that taking a loan is OK on everything. Usually people who listen to Dave are full of debt. I used to save money before I knew Ramsey existed,but I come and hear his videos from time to time to recalibrate myself. At this moment I bought a new car (I had no choice but to buy the car) and I have the money to pay it off. Listening to Ramsey I decide to pay off the car rather than paying the loan with 2.49% interest in 60 months. But most of the people who call Dave buy very expensive and unnecessary cars and items and are full on debt. Encouraging them to get more risk is wrong strategy. I better listen to a stubborn Dave who may be off once a while than an Dave who starts loosing up.

[@jasonjosephlee]

Great points coming from Rachel. Best thing one can do is save money and buy some rentals. I started buying a few years ago and now I have over 100 rentals.

[@sstrongman1667]

And stuff like this is where Dave loses me. I get it, I taught school for a little while and all of family are teachers and we teach to the 90%. However there is the other minority that shouldn't have to be handcuffed because they understand that it is about moderation.

[@GDuncan8002]

His mindset is inflexible.

[@mattlaeff724]

I literally see other hosts bitting their lips. Love that the daughter didn't -

[@mosquitofleetfishing6599]

I’m going to disagree with Dave on this one because math is math, whether it defies the principles he built a multi-million dollar business on or not.

[@adrianm.1732]

Me too he's way off, no math involve from Dave here lol

[@braceyourselvesfortruth2492]

If you agree with the statement "math is math," then you should disagree with The Total Money Makeover and his baby steps as he preaches them.

[@braceyourselvesfortruth2492]

@Prey R Dave and his plan both disagree with you and me.

[@braceyourselvesfortruth2492]

@Prey R I've never heard him say his rules are flexible, so yes, it is. Including in this video, to the point where he says the guy should spend $4000 more just to get an old car, and then downplays it by constantly doubting the authenticity of the letter the guy had. My guess is he threw a headset through a booth window after this one, and that we won't see Rachel for some time.

[@14lexquez]

Dave’s principles make total sense but sometime they are not realistic.

[@berlintapondjou3744]

She kept resisting to say: “Dad” It is okay. Times are revolving the old people don’t know that yet. There is always a first time on everything like appreciation on automobile.

[@amythinks]

I don't think Dave heard the part where the guy is young, debt-free, needs a car, and has the cash for it. He's not misbehaving. Dave somehow missed that.

[@kyleinpa5285]

So now that Dave’s stupid “don’t buy a new car unless you’re a millionaire“ rule doesn’t apply anymore, he changes the subject.

[@amde8554]

He doesn’t like conceding on the rare exceptions to his framework

[@mirix1515]

The problem is that most of Dave’s audience has behavior problems managing the money. If he tells people get a loan and take risk,he is pushing them to think that taking a loan is OK on everything. Usually people who listen to Dave are full of debt. I used to save money before I knew Ramsey existed,but I come and hear his videos from time to time to recalibrate myself. At this moment I bought a new car (I had no choice but to buy the car) and I have the money to pay it off. Listening to Ramsey I decide to pay off the car rather than paying the loan with 2.49% interest in 60 months. But most of the people who call Dave buy very expensive and unnecessary cars and items and are full on debt. Encouraging them to get more risk is wrong strategy. I better listen to a stubborn Dave who may be off once a while than an Dave who starts loosing up.

[@warrioroflight3813]

Rachel is RIGHT! And she's the only co-anchor that's not afraid to voice her opinion. Sorry Dave is wrong on this.

[@Naturefan354]

Well she is his daughter so of course she isn’t afraid….

[@Bertuzz84]

@@Naturefan354 If she wasn't, she would probably end up like Anthony.

[@homeslice4551]

No, Rachel is right

[@fredflinstone9774]

It is true he should wait for a cheaper price. But is too late. The taxes and interest are going up this year already.

[@israelmondragon6195]

Dave is so arrogant he don’t want to admit his wrong 😂

[@dazzles8805]

These two are my favorite people on the show. Love it when both on videos. 👏🏻

[@dfindlay6203]

👎🏾👎🏾 to Dave on this conversation…

[@Cr7-private]

If she wasn’t a Ramsey she’d be kicked out of the business in 10 seconds.

[@Jim_Curtis]

Dave just has no room for flexibility in his thinking, so his advice will become outdated at some point. He should allow for some different thinking by Rachel, who is more in tune with millenial and younger people. She's right that it's more about math and if the guy can afford it, it's better to get a $22k Ford Maverick truck than a more expensive used truck.

[@perotal]

It is already outdated

[@Jim_Curtis]

@direct message +❶❻❻❷❹❸❹❹❻❾❹ F spammers like you.

[@sidew8ys]

It’s mostly outdated now. I tune in for entertainment, but some of the things he says are outrageous

[@peyton_4414]

Rumor has it Rachel has already been fired... 😂😂😂

[@rodrain2]

Thank god! I was absolutely convinced that no one on this show was ever allowed to disagree with a solution Dave proposes. To the point that it felt cult like. I still suspect that is the case and I don’t believe anyone but his daughter could get away with it, but it’s still refreshing to see.

[@MB-gd6be]

Family tho, play by different rules.

[@TheAnthonybellomo]

Best call in a long time! Lots of fun to listen to!

[@Jay-pf2cn]

Dave is principled to a fault. That’s why his advice should be taken with a grain of salt.

[@alinatamashevich3354]

Jay, Dave has made more millionaires than you have teeth.

[@Jay-pf2cn]

@@alinatamashevich3354 Are you one of them? I didn’t think so….

[@alinatamashevich3354]

@@Jay-pf2cn Follower of Dave? Absolutely! Quit watching fake internet gurus that promise wealth before work.

[@Jay-pf2cn]

@@alinatamashevich3354 Um, excuse me madam, I simple said people should do their own diligence when taking Dave’s advice. I generally think his advice is solid. Not sure why you’re coming at me all snarky for that comment.

[@alinatamashevich3354]

@@Jay-pf2cn Sorry for that, hard to relay the true intent with letters on a screen-Alina. Pray for Ukraine

[@Theredeemedchild2]

I agree with Rachel on this. If you can get a new car/truck for less than a used one try it. If the dealership does mark it up address it then. It may be court worthy since it's a proven breach of contract.

[@aliferestored]

Don’t agree with Dave here and that’s rare. “Getting used to bucking the proven system” is a silly reply. Stick to the numbers, like you always teach

[@braceyourselvesfortruth2492]

LOL he never does. That's why the debt snowball is mathematically inferior to the debt avalanche, why he says to buy used even when it's more expensive, etc.

[@lyndalamb3221]

Not all dealers were selling above MSRP. Toyota went on record saying they were disciplining dealers that did that. The new 2022 Prius I bought in Jan 2022 only cost $5000 more than the 2010 model that it replaced. I had to wait a month because the lot was almost empty.