I Regret Ordering A Tesla!

[@grammarhammer3817]

Dave shows his passion for helping people. This caller was a soft target to easily beat up & laugh at. But instead, Dave even toned down his co-host to pull the caller aside to mentor him. Good on Dave.

[@treeroofgrass]

Scotty Kilmer: I’ll keep my ‘94 Celica 😂😂

[@cward1954]

The best way to do it. Buy something affordable and drive it until the wheels fall off.

[@userasdf1546]

REV UP YOUR ENGINE'S!!!

[@vegasxventures]

Well yeah, only good car ever made

[@jimroscovius]

And I'll keep my 2011 Chevy Traverse until I want to buy a good 2-3 year old car.

[@4862cjc]

@@userasdf1546 Scotty is the best!

[@robertwoodpa6463]

I own rental houses. I'm a great landlord and my houses are nice, but trust me Dave is right. People are gross. Renters do not care. Just one little example: I had one tenant who cut out the bottom of the doors in the house so his cat could go from room to room without opening the door.

[@mocheen4837]

My grandparents own a dozen apartment buildings in San Francisco. As a teen, I used to help with the building maintenance. People used to pour grease down the pipes, shove toys in the toilet, draw on the walls, smoke in the bathroom. It was horrible and made me not want to own rental properties.

[@Elizabeth-uj8vn]

😱 omggg

[@lkj0822g]

Any landlord who has owned residential rental property for any length of time will have stories such as this, or worse. I've slowly gotten away from residential and transitioned to commercial properties for exactly that reason.

[@EarlyBirdCraft]

Husband and I own a few rental houses and one of which a renter cut out all the wire to scrap it. Insane

[@EarlyBirdCraft]

@@lkj0822g exactly. We’re about to do the same

[@daynapeterson9033]

Buying ANY car right now is a horrible idea as the prices are up exponentially. Craziest story I ever heard was my neighbor just bought a new truck to the tune of 85k and his payments are $1200 a month! Hope the seats recline as he may soon be living in it.

[@iamme7664]

Wow! 😱

[@njpme]

🤣🤣🤣🤣🤣

[@jamron247]

Gaaah dam 😂😂😂

[@tutttutt9558]

$1,200 car payment. Omg.

[@meatball4409]

LOL

[@DavidHernandez-ch5fz]

In the past I’ve seen how Dave talks down on people and makes fun of them but recently I’ve seen Dave be more compassionate and caring for the callers. Great approach! Loving and caring

[@leemp337]

ya that got old. he had to change to attract more fans. The newer generations aren't going to be talked to that way. the financially clueless boomers and some gen x wanted that tough love and he maxed out on that fan base.

[@PN-ve9lf]

Banks don't give a sh$. They make sure you have a comprehensive insurance & their money is insured.

[@tacooflove6175]

I blame him becoming a grandpa and Deloney for softening up the Dave bear

[@jesse_-]

Younger generations are uber sensitive, and they do not like people being blunt. They like being coddled.

[@DavidHernandez-ch5fz]

@@jesse_- that's right, your generation raised us 😚

[@vincestone5465]

George: “so you’re getting a 60k car with a 60k salary” Caller: ”well when you put it that way, it sounds worse” there’s no other way to put it😂

[@cutehumor]

Even lameazz George owned the caller

[@J90JAM]

People just look at it in terms of monthly payments mostly, which is short-sighted and reckless.

[@HokageKyubiNaruto]

@@cutehumor what's wrong with George 😂😂😂

[@Josephalexk]

@@cutehumor your lame

[@blckbldng]

I guess he thought "but the numbers match so it should be OK" Bro math for the win

[@teenyverse7707]

You can literally cancel your Tesla order... up and until your car is ready.

[@bettysmith4527]

Yea, if that is the situation I don't understand why this is complicated, easy solution!

[@costco_pizza]

Yes but what kind of life is it for him to drive in a used Kia all day? Who will respect him, who will appreciate him? No, he wants a car that tells the world that he is a somebody. That he has made it. I don't blame him at all, and he should really make sure before cancelling his order.

[@tomcat8662]

Buying a Tesla is a terrible idea right now. It’s still early. The technology is steadily improving and batteries will be getting cheaper and cheaper every year. It’s best just to wait a few more years for the technology to mature first and achieve economies of scale. This will allow all the early adopters to pay through the nose and deal with all the headaches of these early models. If they want to throw away their money, let them. But don’t let FOMO take over the rational part of your brain.

[@uberboiz]

@@costco_pizza How shallow it is to think someone needs a Tesla (or whatever other fancy cars) for people to respect him/her.

[@heslind]

@@costco_pizza he could do the same with a used Lexus or Acura 🤷‍♂️

[@Divested_Jedi]

Dave’s body language and facial expressions have me laughing soooo hard. Dave even closed his eyes, like “oh my God” at one point 🤣

[@genxx2724]

Dave holding his body motionless said it all.

[@therealmac1044]

😂

[@watchcynthiag391]

@Divested Ninja Great seeing you here sis♥️

[@tomconway6808]

Turo is not passive income. You have to clean/prepare/maintain the car for the next renter...assuming the car rents out at all.

[@mikehurt3290]

I use to be an insurance agent and there's a good chance your insurance won't cover it either especially if you never told them about the business use

[@wendybryan6071]

Exactly. Passive income comes from investments like mutual funds. Cars are an expense, not an investment. They will depreciate in value.

[@murtasma]

We have a major problem if banks are approving loans for someone that's still young with an already current car loan for 60k. Pure insanity by both parties.

[@33ladyRAM]

Banks don't care..never have and never will. It's our responsibility to check ourselves.

[@barbieblue3336]

@@33ladyRAM I remember when Oprah said that. I was like, everyone needs to hear this

[@drlax15m]

age has nothing to do with it as long as you’re old enough to enter a contract

[@dank1518]

Been driving 2004 Chevy 1500 since 2012, it’s cool cause nobody wants to park too closely with their 60K cars.

[@truegrizzlesfan2292]

I am with you. I still drive my 2012 Toyota Camry SE. 150k miles. Not looking for a new car at all.

[@admiralrustyshackleford119]

Got the same "issue" with my 1997 F350 that I've had since 2003, rust is contagious don't ya know... I've also noticed people don't pull right out in front of me like they do when I'm in my Hyundai Elantra 🤔

[@noshrinkingviolet007]

LOL - ditto. I was just telling my teen son the same thing the other day that driving an older car is actually a massive deterrent for a lot of things like people not letting you in traffic, auto theft, parkkng, etc because mg car is old, not valuable, and prob not carrying anything valuable. 😂

[@jasonwill5949]

If you don’t have a car no one will steal it or damage it

[@pamwilliams6630]

My hubby drives a 2008 Honda civic, his brother gave him. It just keeps on going. Our truck is a GMC 1999, we bought used in 2016. Secret to an old car lasting long time is a good mechanic, which we also have.

[@tonyisit37]

Ordering a Tesla when the KIA SOUL isnt paid off ????

[@stephensullivan1011]

Business loan.

[@truegrizzlesfan2292]

Definition trying impress his friends or coworkers. I drive 2012 Toyota Camry SE. Car is clean but it's a old model. Love this car. I won't buy another car until Wheels fall off. No note...

[@rpgvag]

That's the reality of a lot of people out there. I know a few of them

[@jml9550]

@@rpgvag oh yeah, plenty of them out there.

[@SimonTekConley]

@@truegrizzlesfan2292 old. That's 8 years newer than my newest car. I just can't justify the cost of cars.

[@jmr9735]

$900/MONTH? Ugh. Just hearing that would've made me run in the opposite direction. I just don't understand people owning/buying expensive cars like they're worth something. All it takes is a split moment of someone not paying attention, and that vehicle is gone. Yes, they would get insurance money (most likely), but it wouldn't be near the amount paid for the car. It's just nuts to me.

[@costco_pizza]

Yes but is it any kind of life to be driving in a used Kia all day? There has to be some kind of solution where he drives a proper car and gets the respect of his peers but also is able to save up money.

[@DH-lm6kh]

@@costco_pizza if your peers care about what car you drive, find better peers...

[@spicerc1244]

When he said that, I thought his income would be six figures not $60k lol

[@oneeyedman99]

@@costco_pizza Well yes, actually, you can have quite a nice life at 23 driving a respectable-but-not-flashy car and saving your money.

[@usernameluis305]

@@costco_pizza "is it any kind of life to be driving in a used kia all day?" Worlds smallest violin

[@AJayDrives]

Sounds like the situation I was about to be in a few weeks ago. I'm 20 years old, no other debt other than my current car and single. I was about to put down 15k on a new Toyota Supra and I make 60k a year with the car being worth the same amount. Walked into the dealership feeling confident and when I heard that monthly payment with the interest on top of my insurance, I remember sweating and began shaking. I walked out and I soon as I left I felt a huge amount of panic leave my system. 😂

[@MrMustangrick]

Good move.

[@johnc2438]

At least you didn't need to change your underwear (did you?). Great decision. Don't make the automarkes rich, make your hard-earned dollars make you rich.

[@fabbz94]

Remmeber it's a bmw and youll end up paying for two supras on just the maintenance 🤣 trust me now I'm trying to get rid of it.

[@user-wq5ws1qs7x]

@@fabbz94 SINO. Supra in name only.

[@nepatriots77]

60k is nothing. I remember when my salary was 60k thinking I was loaded. I make over 100k and I would still not considering a 60k car

[@acy1579]

Glad Dave used this as a teaching moment for this young man rather than insulting him for a lack of wisdom.

[@TheHoriginal]

Agreed 👍 😊

[@Ghost-jy9hk]

Hey. Should I buy something super expensive and let other people destroy the value of it??

[@wreckingopossum]

Yes, but please be more stupid than this guy. You need a depreciating liability that is at least double your pre-tax annual income. This comment is definitely not dripping in sarcasm

[@EllieTheTrucker]

That’s what I thought too

[@evoman44]

No self respecting car enthusiast would rent out their baby. Especially one that they have put a lot of custom work into it.

[@aajordan2000]

No car makes you happy after your 1st payment. A car only make you happy if it is paid off and you have put 200k on it with no repairs.

[@motoryzen]

*coughs ( looks at his honda civic si 2005 ) .....grins happily

[@TheVoidstonz]

I have a 2004 Nissan and I havent been without if for more than two days at a time when it went in for routine maintenance. No big problems and almost at 300k and going strong .

[@claudiacanales2662]

2004 Accord for me! Love my car!

[@dabiz4272]

Preach on it!!

[@jonjeskie5234]

@@TheVoidstonz ur lucky, Nissan doesn't have the greatest reliability raiting.

[@schuylergeery-zink1923]

I bought a hail damaged lightly used (less than 20k miles) 2013 Tesla Model S a couple years back for $30k. I know it’s not as “fun” as ordering a new one but there are ways to find sweet deals on cool cars! You can drive a car you love for a discount!

[@AZ_TONY]

I hope you're making well over 100k, only scenario where a 30k car is justified....

[@patriciazoerner]

​@@AZ_TONY Actually, low operating costs mean that in the long run a Tesla ends up being much cheaper than any comparable ICE vehicle. Add on top of that the fact that you are driving the safest vehicle on the road and the Tesla is a brilliant choice.

[@walkercig]

The SMART system George uses: Self-awareness Motivation Affordability (in cash) Research Timing (right time to buy?)

[@cesarmejiaduenas6923]

Thanks! I was looking for this.

[@thetruth5635]

60k for a car is ridiculous unless you a millionaire

[@DMoney505]

A lot of people are buying 100k dollar trucks and suvs at 45-60k income it’s insane…

[@MrMustangrick]

Agree.

[@nerad1994]

At least a few hundred K

[@johnc2438]

There's a lot of "ridiculous" rolling around my neighborhood!

[@jgallone]

That's why there's so many people taking out 84+ month car loans. I just don't get it.

[@davetinoco]

I don’t know why so many people want Teslas. All my friends have one, swimming in debt, but me, I have a Prius, I bought it used and it is fully paid off...I love it and love not having that car payment/insurance combo every month!

[@Kevin-cf8uu]

I have two Teslas and no car payment. You don't have to go into debt to get a car if you save up for it and are responsible.

[@casinosnoopy9900]

They THINK a Tesla is a status symbol, and it is, it confirms their status as idiots.

[@Prof_Cos]

I own a Prius too! My logic for vehicles is if I can't pay cash for it, I don't need it...

[@user-tb7rn1il3q]

With the Prius you can also take a vaca. You can not drive down to Florida in a Tesla unless you have hours of free time for charging.

[@waynegoin5534]

I don't know why people buy electric cars they do not help the environment one bit. ummm where do you think the energy comes from to charge the batteries hummmmm uhh its called COAL PLANTS DUHHH, your just exchanging burning 1 type of fossil fuel for another (BTW there is nothing wrong with burning fossil fuels it is a natural product and DOES NOT CAUSE GLOBAL WARMING (MAN MADE GLOBAL WARMING IS A HUGE HOAX) another one when the batteries are dead you have to dispose of them that is more toxic than just using gas motors, the batterie plants are notorious for pollution. the electric car business is a huge hoax and purely political.

[@gardenofe12]

This is a typical person who bought a car to impress people he doesn’t know or care and he wanted a Tesla because everyone else has one and he has FOMO!! Exactly right what he said he makes $60k and bought a $60k car 🚗 seriously !! Can you say duh 🙄!!!

[@luiszamora3685]

It was on a episode of south park

[@noshrinkingviolet007]

The Tesla concept is cool and I'm a fan of Elon, but never in a million years would I buy one or pay that much for a car. I was shocked to find out recently that you can only have them repaired by Tesla and the batteries are SUPER expensive. No thank you.

[@bobberry1463]

You can get it repair somewhere else just void the warranty. For the battery it better to get it repair by telsa. It not just a car it a computer with a car. Allot of modern car shops can't work on it and when they say they do they damage or destory the battery. Any place that repair cars would make you sign a wavior of any damage they do to it because they don't know what they doing.

[@MrMustangrick]

Tesl a make no sense here. Not a fan.

[@bradleymaravalli2851]

@@bobberry1463 are all these electric cars going to be the end of the small shop mechanic?

[@Primitive_Code]

Dave is so right when he says "at 35, pan way back to 12 years or so ago, and see if you've made a good decision or not." I'm 34, and fit this perfectly. Don't do it, you will regret it at 35...

[@Scorched]

Warranty…

[@michaelb.8953]

Just recently a politician's advice to people complaining about high gas prices, "go buy an electric car". This is no joke, and politician's think we are the stupid ones.

[@schuylergeery-zink1923]

Gross. I have an EV and my husband has a gas car that can go off-roading. I like to feel diversified in case of environmental factors or if the politicians f around with us. Gas or electric grid.

[@blessed7fold]

Well that's exactly why they are cutting off the oil supply in this country, they want us to go all electric.

[@Hamburglar96]

@@blessed7fold Not gonna happen. Electric cars is expensive and average consumers can’t afford it.

[@blessed7fold]

@@Hamburglar96 Uncle Joe doesn't care about that.

[@zaynab2085]

I agree with Dave’s advice based on this callers situation. Tesla’s are great vehicles for those who can afford it. Be patient! Live within your means, grow your income and eventually you will make all your dreams come true.

[@egs2169]

@@FURDOG1961 not true. They are amazing cars.

[@MadmaxMusic93]

Nope you should definitely buy one now demand is jumping so high right now between over a year an price increases!!

[@FlyinMumbat]

It never fails, Dave always brings up the millionaire survey.

[@johnc2438]

Hard to argue against that research and the results.

[@RomilCPatel]

@@johnc2438 The issue with the millionaire survey is that all the people in the study were Dave Ramsey listeners so naturally they will bias towards what Dave teaches. I agree with Dave’s conclusion but a less bias survey would be a lot better.

[@michaelfleming40]

I am glad he does. Being broke SUCKS.

[@jayc4715]

His survey is made up

[@J90JAM]

​@@RomilCPatel Pretty sure all of them weren't.

[@omgmrtea]

Amazing car, but too early for this guy. Any car worth a yearly salary is way too much

[@basstheangelo]

Car to salary ratio should be at 10%. If a person earns 300K/year then he can have a 30K car. That’s the rule.

[@RyanBrosnahan]

I bought one in 2018. 80k miles so far. No maintenance other than cabin filters and tires. Tons of fun but only if you can afford it.

[@cutehumor]

No way. Poor people like to drive in style

[@ahastar1141]

I am shocked you haven't needed brakes yet. I have heard brakes and tires are the main tesla wear items

[@gipnor]

@@ahastar1141 Tires, yes. Brakes - probably never. Insurance is also quite high, unless you live in one of a few states that offer Tesla insurance. Cost of ownership over the life of the car is appealing, but passenger safety may be the most desirable feature of Tesla vehicles.

[@wethepeople2749]

how much are the repairs when the batteries stop working?

[@tHebUm18]

@@ahastar1141 Regen braking with the motors means you almost never need to actually use the normal brakes for normal driving conditions.

[@genxx2724]

What if someone who rents the car has a collision and paralyzes someone? How are you going to pay lawyers to defend that lawsuit, Jaylin? Would you like to be responsible for the cost of the person’s care in a facility for the rest of their lives, and the dollar value of the quality of life that was taken from them? The insurance a 23 year old buys and the minimum legal insurance the rental program buys will not begin to cover it.

[@thedude5040]

@@BK-tp6jf thats not true in the states. I think Kansas only has a 100k minimum. I just bumped my insurance upto $500k after going through Dave's class on proper amount of insurance.

[@mrs.atkins3930]

As a renter, I always felt that, it's not my house, but it's my home. I still took pride in the upkeep and maintenance of the property and neighborhood as if I were a home owner. 🏡

[@JohnJohn-wr1jo]

Well Mrs Atkins your one in a 1000

[@mariposavioleta9007]

I 100% agree with Dave people (not all) are gross filthy animals and don't take care of things especially things that are not theirs! As someone who lives with roommates I can tell you that I've seen that side of people and how disgustingly dirty they are and don't own up to their mistakes when they break things and leave a disastrous mess behind.

[@rudychavez7934]

You need to start saving for your future At your age who knows of social security will even be around

[@jamarshmellow]

😅

[@nanos2k7tc]

Dave: "People are gross. Just filty animals!" 🤣🤣🤣 Exactly!

[@PowerfulMoneyHabits]

Do you want to look wealthy or be wealthy? I ask myself that question before I buy!

[@genxx2724]

💯 Look rich or be wealthy.

[@todd2456]

At $900/month, he was going to take a 72 month loan. And he has NO IDEA how expensive the insurance is on it.

[@DioDiablo702]

The registration will be sky high too

[@MrNGTfan123]

There is a good argument to be had about buying an EV if you drive a lot. Before you comment something stupid read my whole comment. If you drive a lot for work like me. I spend at least $400 a month on gas usually more like $500 now plus your car payment mine is $250. That’s already $750 plus insurance and repairs call it another $200 per month. Thats $950………………… Teslas have minimal to no maintenance due to the fact they don’t have engines they have electric motors far less complex and less moving parts, far less liquids, no trans fluid, no oil etc. with all that said if you drive a lot a Tesla is not a bad option given the TRUE cost of ownership not just sticker price. I’m still an advocate of paying cash though.

[@todd2456]

@@MrNGTfan123 Good thing electricity is free and the insurance on a Tesla is cheaper. Numbskull.

[@truckingmoney485]

The only thing that ever goes wrong on my gas powered vehicles is the computer , but you say buy a all electric car no thanks.

[@MrNGTfan123]

@@todd2456 😂 good luck to you

[@yalcyalc2]

I host 10 cars on Turo and Hyrecar. Definitely some bad parts to it and some BAD renters, but overall it's been great! However, buying a brand new electric car is the worst way to go. I buy older cars all cash, and that business model works! Hopefully this comment helps someone looking who is trying to do car rentals. :)

[@jonjeskie5234]

What's your particular issue with brand new electric?

[@yalcyalc2]

@@jonjeskie5234 Your profit margin isn't very good, car depreciation is a lot higher, chance of recalls are high, and most cities really aren't set up for a lot of electric cars on the road. You're also going to spend a lot of time teaching most renters how to use electric cars.

[@jonjeskie5234]

@@yalcyalc2 I can see the depreciation problem and maybe recalls, but model 3s seem to list for 200+ a day in any major city, profit margin seems fine. So would you do one thats a couple years old?

[@yalcyalc2]

@@jonjeskie5234 Currently I wouldn't do any EV. Maybe a hybrid. I tried an older EV in my city and it was such a headache most rentals. Listed it for sale after someone ran it out of power on the highway.

[@jdtreharne]

I almost convinced myself at one point that I could afford a Tesla if I rented it out on Turo. Man, I'm glad I didn't to that...

[@MyLifeThai371]

"Watch JR Go" youtube channel bought a bunch of cars to rent out on Turo and he is barely making any money. :(

[@emmanuelzanders1746]

@@MyLifeThai371but the car is his …it’s paid off and he pays a lot on insurance.. on top of that he’s got a clientele, due to his social media status

[@bt6850]

I ran a rental car branch for many years in Australia for a major American company, really really don’t do it with your own car as it will break your heart, the guys are right yet again 👍

[@gazyasaslam7045]

What if he loses his $60k salary job? No guarantee to the future of his job except he still has monthly car payments.

[@XXBlakeTurnerXX]

Based on this conversation, he already bought the car and now trying to look for a answer for his bad decision.

[@thomask8298]

George actually did alright on this one 👏

[@thomask8298]

Is this george?

[@RomilCPatel]

@@thomask8298 Yep

[@mensb1936]

i always expect him to say something slightly off, but he is so good and consistent like dave

[@phyllo2694]

The note for the loan is bad enough but wouldn’t he also have a monthly rental fee for programs?

[@hengloose]

If you cant afford it you can cancel the order and lose $250. There are thousands of people who will gladly take your VIN when it's ready for delivery lol

[@astrea79]

"What would old rich people do?" is a very good frame of reference.

[@blackonblack...9244]

Dave is right. I bought my 2011 Sonata in Chicago back in 2015 thinking I could do the Uber thing. And I learned really quick after only a few months people just do not reapect you, your car or your business. It's just not worth it. There are good people, but there were overwhelming majority of people that just don't care. BTW, I'm 36 now.

[@mirix1515]

I do Uber part-time using my car. I can pay the car payments, the gas and few bills. Not a bad idea to earn some extra bucks. But I never would have given my car to someone else.

[@blackonblack...9244]

@@mirix1515 It's not really about making the payments. I just had customers that were disrespectful and very childish.

[@triad6425]

Tesla is GREAT toy. If you ever try to justify is as anything else you will be disappointed. I love the company and own stock but I'm not buying one for a decade at least

[@Ewalk.213]

Been on the road for 14 years now. Track record says the first models are still on the road. I don't think you need to wait a decade...... unless you're speaking on something other than the lifeline of a Tesla

[@mocheen4837]

I have a Tesla and I also own the stock. I was spending over $350 per month on gas driving my SUV around. Switching to the Tesla saved me a lot of money over the past four years. Especially with gas at $5.50 per gallon.

[@thefilmpoets]

That same Model Y can be had new for 36k right now and it's amazing.

[@londrahunter8554]

If he just can’t fight the urge, rent one for a day or two and give it back to rental company

[@PatsGators497]

He’s 23 so he’s not even old enough to rent a car himself yet

[@erm386]

Jaguar is the worst car someone can buy! Good to know Dave made mistakes too :)

[@criticalthinker8374]

Mistakes are OK if you learn from them and tragic if you don't.

[@dog_city]

The moment I heard $900 car note I screamed oh my god

[@warriormanmaxx8991]

@Eric Willett - re: "oh my god" = Do you use that over-used phrase to express surprise much in daily life, too?? Are you talking to God when you use that trite phrase? I wonder if Muslims say, "Ohhh My Allah!!"

[@mikehurt3290]

One thing they don't tell you about Turo and even Uber depending on your insurance company you won't be covered especially if you never told them about the business use

[@FR-tb7xh]

I’m always amazed by the number of high end new cars in rental property parking lots and in front of decrepit properties. If that image doesn’t say a thousands words, I don’t know what does.

[@barbieblue3336]

I was thinking this the other day lol but not lol

[@americanpatriot4080]

Also with an expensive vehicle your car insurance will be more plus a $900 car payment. Not practical for most Americans.

[@wyattpotter2103]

I ordered a Tesla as well. I should be getting it next month. I'm also taking a loan on it. My gas spend is anywhere from $500-750 a month though. And I plan on paying it off in less than a year.

[@markg999]

Have you looked into insurance rates? Heard much more expensive with a Tesla.

[@wyattpotter2103]

@@markg999 Yeah I have it will be $232 a month. My current insurance is like $165 a month with full coverage on my summer car and storage on the other one.

[@cybertrk]

@@wyattpotter2103 mines $110 with Ameriprise through Costco!! Check it out

[@wyattpotter2103]

@@cybertrk For a Tesla? Full coverage? I'm still under my parents insurance. If I got off there insurance it would cost me a lot more.

[@schuylergeery-zink1923]

My insurance started off rather high but bc of our safe driver program my rate was cut almost $100 total (two times they lowered it). So now I pay closer to what I was paying before on my Honda.

[@mtran9184]

I don’t want to spend hard earned money on any car, but I had to buy a used car for transportation. bought it for $9k about 10 years ago, trying to keep it for another 10 years before wanting to replace it.

[@elainepatterson5587]

The facial expressions are priceless!! 🤣🤣

[@PìnnedbyCrypt0jebbc]

Thanks for watching. 📩Send a direct msg right away WhatsApp±¹⁷⁵⁷⁶⁰⁸⁶⁶²⁷

[@geoffreyjohnson3454]

“Battery on wheels” When he is 35 he will have a 12 year old “Battery on wheels” What a logical way to analyze a EV.

[@k.d.k1250]

Don’t do it! Paying off that much debt will be very painful!!!!

[@jumpingjake123]

I've watched a lot of Dave Ramsey episodes and George is the only one that has the balls to say it how it is (besides Dave of course). Go George!

[@Formulaceo]

Or you can even start off with the Kia on a renting platform especially since you are still paying on it.

[@Oetti]

And it hasn’t even caught on fire yet!

[@Scorched]

Electric vehicle manufacturers solved thermal runaway issues years ago. Gasoline cars were always are more likely to catch on fire.

[@xtratexasplease9734]

“DOING BETTER THAN I DESERVE!”

[@mikehurt3290]

Insurance on a Teslas are super high and I extremely doubt any insurance company be willing to cover you if you tell them you going to be renting it out to random people

[@guilehua9675]

1:14 of course they find y’all afterwards. If viewers found you guys beforehand, they wouldn’t be in such a mess. Additionally, there would be no need to call.

[@nixieandyakyak3837]

I’ve heard numerous horror stories of people renting Teslas on Turo and beating the heck out of them. Also the renters will always supercharge at a high rate and to 100%. Very bad for the batteries.

[@wakinglife7065]

I just saw one Tesla and it’s side mirrors were snapped off, teh alloys were bent, someone purposely cracked the vanity mirror - none of this was covered in warranty but just vicious. I’m sure a lot of people can’t drive that use turo.

[@dt6750]

that 60k is a good chunk for a mortgage down payment.

[@xxxBradTxxx]

Almost double what I put down on my house

[@user-rw8zj1td9v]

If you're renting your vehicle on Turo would your regular insurance cover an accident? Prob not.

[@josephus1983]

I see so many talking about the cost of the car. Don’t forget, there is a lot less maintenance. No gas. Highest safety rating ever. The list goes on. It’s not just a “cool” car. It gives you value as well. In the end it comes down to peoples decision. Where they want to put their money.

[@JohnJohn-wr1jo]

This scenario reminds me of Southern Florida. Double wide trailer at least 40 years old with a late model 100K diesel pickup and a 400k boat on a trailer in the driveway

[@stephenlozano2816]

I would NEVER rent out one of my personal vehicles using Turo. People are crazy

[@mikepaulino5044]

Tax question, If my tax liability is only $3200. Am I really leaving 4300. on the table? If so, is there a work around or do I wait until next year . I heard the tax law changes to point of sale.

[@jcstuart6978]

Smart kid for calling Dave.

[@HipHopLuv123]

Buying any car right now is a bad idea! Especially with a recession on the horizon

[@andrerodriguez7603]

If he would invest the down payment of 25K for that Model Y in Tesla stock in Summer of 2021 (650 per share). By the Summer 2023, he’d have enough to almost pay the Model Y in cash. The hard thing is, he won’t want to part with his shares in 2023. With all the giga factories being at full production in 2023, and Tesla stock going to the moon. He won’t sell any shares of Tesla to buy his Model Y.

[@aaronsteensma4555]

Always sound advice! Thanks Ramsey Solutions!!!

[@damonleeb]

Every single person in debt should be driving old Toyota’s

[@schuylergeery-zink1923]

Toyota’s and Honda’s - they go and go and go

[@jeffersonia]

Sold my 19 Chrysler Pacifica for 29k and bought an 09 Toyota sienna CASH

[@criticalthinker8374]

I drove Toyota's for years and it was fine. Now I drive Benzes because I'm gonna die before I spend all my money.

[@BA-rt9dp]

Or take the city taxi, otherwise known as public transportation.

[@Rambleon444]

Keep in mind... If you make $60,000 a year living in Atlanta Georgia (caller is from), you will be taxed $13,525. That means that your net pay will be $46,475 per year,

[@erikmartin3786]

I never bought a Tesla. I did, however, buy into TSLA (the stock) way back pre-Kathy Woods. Right now I'm looking ant a return of 1930%. Way WAY better than buying a stupid car.

[@badjohn7048]

How do you get around without a car?

[@erikmartin3786]

@@badjohn7048 Very easy!

[@genxx2724]

Jaylin was fortunate to be able to come to Ramsey and have access to comments from actual adults before he proudly dropped a nuclear bomb on himself. 😆

[@HeRacesTheSun]

Dave wisely talked to old rich people who made & kept their money, I did the same thing many years ago and I then became financially independent. VERY IMPORTANT; Read the book... "The Millionaire Next Door" !! It's all in there.

[@YuGiOhDuelChannel]

It is so funny, I have no idea why anyone calls into this show, we all know what Dave is going to say, think of what is the most extreme answer about debt and that will almost always be Dave's answer. No debt, never, not anytime, no matter what for!

[@natalee3230]

I will never get why these people take up loans they can't afford 😒

[@willpower3317]

Because the acceleration in a tesla is unreal lol

[@eplugplay8409]

We ordered a Tesla model y in august 2021 and still waiting! But paid cash for it!

[@anthonyemmm]

Wait until you need a major repair on that tezzlah. It’s going to run in the thousands.

[@schuylergeery-zink1923]

I have a 2013 Model S. I haven’t had any major issues. I got it when it had less than 20k miles in 2020. Very lightly used. That said, when they get to have a lot of miles on them… we just don’t know yet 🤷🏼‍♀️ Which ones will hold up? Mines in really good shape rn so I’m hopeful. The only thing I had was the little battery replaced (like the batteries in gas cars) which was a few hundred dollars. And there was a recall which can fix a slight screen glitch for free. The only annoyance is I’m getting the network upgraded bc mines older and is 3G and AT&T is demanding everything go to 5G bleh. That’s $200 this month. Kinda average car expenses. Tires rotated. Etc.

[@lesterparker1594]

@@schuylergeery-zink1923 when the battery goes out, and it will go out, probably around year 10, your only option is to put another battery in for $22k. And at that point it will be worth basically $0 with a bad battery.

[@badjohn7048]

@@lesterparker1594 How or when does the battery "go out"? . Does it just stop charging one day? While its true that these batteries degrade over time, it is also true that they degrade slowly and gradually, reducing the maximum range gradually, and charging at a slightly slower rate. It is very likely that a 10 year old Tesla will still have at least 80% of its original battery capacity remaining.

[@lesterparker1594]

@@badjohn7048 just search for it in KZbin. Tyler Hoover had one less than 10 years old and the battery wouldn’t hold more than 24 miles of power. There’s a huge KZbin channel call rich rebuilds where the guy started his channel replacing no good batteries on teslas. I think the batteries degrade to a point and then they just won’t hold a charge anymore. You’re not going to drive a Tesla 20 years without a battery replacement

[@lesterparker1594]

@@unknownuknown436 the difference is that if an engine goes at 1k miles it’s under warranty and you get a free engine. And at the worst if it goes at say 100k miles, a new ICE engine is $5k or so. When the Tesla battery dies, probably somewhere around 150k miles on average, it’s way out of warranty and the new battery isn’t $5k, it’s $22k.

[@CMDAVISs]

DAVE me and my wife own two rent trailers mobile homes paid for , should i keep them when they only bring in about 16000 a year ? Or should i get out of them with how much people break things . Or should i raise the rent over all?

[@braceyourselvesfortruth2492]

Who in God's name is offering $17k for a Kia Soul in any condition???

[@Dan16673]

Lol

[@timothythompson4036]

This video was made two years ago. Teslas now depreciate even faster. Teslas bought two years ago have lost 70% of their value. Avoid the car rental apps. The renters destroy your vehicle.

[@mrsmith1339]

New cars and especially Teslas are in short supply. Sell it before you pay for it. You can sell your place in line. Do not take dekivery.

[@RCWeldingsgarage]

2011 honda odyssey! The best vehicle we've ever owned. Keep your old cars if they're good and save your money.

[@Abi-hx1qr]

Just take a few minutes and watch all of the videos on tik tok of the ppl who own a Tesla and you will no longer want one. The maintenance situation is awful, parts are expensive. You’re limited on where you can get it serviced or what parts they will supply you with. It’s not a good car to buy unless you can handle the expenses that come with it.

[@schuylergeery-zink1923]

I’ve got a 2013 model S and haven’t had any issues with it. When people experience issues they complain. So all the Tesla owners who don’t have problems, you don’t hear from us. I agree tho that you should buy any vehicle you can’t afford to repair. That’s just a wise decision.

[@roseinharlem8152]

$900 car note??? My goodness. I have NO bill that costs that much.. home and car paid off long time ago. I’d cry every night if I had a car note of $900! Don’t do it!

[@MrTmenzo]

If he currently makes 60k and owes 14k on a vehicle how did he qualify for another 60k car loan? Unless there's a cosigner.

[@DioDiablo702]

@@hawkeye2958 I have a Santander loan and completely regret the decision. Thankfully I only got one year left with them.

[@Nagalta]

Lol add Tesla to the tile for the clicks !! This advice would be true for any cars. FYI I am making WAY more than 900 a month with my Y on Turo.

[@mydutube]

$900/month sounds bad but not that bad after considering $200/month in gas savings and $30/month average savings from low-maintenance.

[@cassphanh6678]

“I can’t afford a tank of gas, so I went out and bought a $60k car.” Yep. Makes sense.

[@mydutube]

@@cassphanh6678 makes sense vs buying a gas guzzler with similar price tag. News flash: some people do buy expensive cars. Reducing the monthly cost of operation by 25% only make Tesla’s a bit more appealing.

[@CHRISLIVESTREAM]

This brings up a good point ☝️. If we know 35% if your income is the max for a house payment. What is it for a car??? 🚗

[@lloydfrancis9149]

As a Brit I feel sorry for Americans. It's SAD, they get their self worth from their net worth

[@virtualtreadmillwalknature1488]

Not just talk, really good information for becoming financially independent.

[@magna428]

More like $80k with self driving, charger, and sales tax… 🤦🏻‍♂️

[@magna428]

And insurance and maintenance. Probably a $90k vehicle

[@superblump87]

Maintenance? If you're unfamiliar with Teslas, then why are you commenting? You might as well include the tax breaks if you're including sales tax. You also need to factor in gas savings.

[@Argedis]

@@superblump87 The expensive monthly insurance on a Tesla negates any 'gas savings'

[@TheLifetraveler1]

I guess the caller does not realize that with Hertz Rent-a-Car dumping all of those teslas. That you can actually buy one for less than 28,000 dollars. He paid $63k.

[@tannersteinborn7487]

As a tesla stock holder I do not approve the message 😂

[@appleforever6664]

As an Apple Stock holder, don’t buy Tesla stock. Elon over promises his technology. Where are the Robotaxi? 🤦‍♂️

[@imdoc7872]

I own a bunch of shares but I would not buy a Tesla. Not yet.

[@imdoc7872]

@@appleforever6664 he will get there. Just look at what he has accomplished with Space X. He doesn’t over promise. His concept of time is unrealistic.

[@appleforever6664]

@@imdoc7872 - He doesn’t over promise. 😂

[@appleforever6664]

@@imdoc7872 - TSLA at $300 if we have a WWIII

[@pamhop5831]

So happy he called and in!!! Good Lord! Pump the Breaks! 🙏🏿💙😎💪🏾