Listen to This if You Are a Teen With a Dream Car...

[@skurbi8097]

crazy how americans get 1.5k-2k while doing a part time job and the prices of cars are the same as in europe but the pay in europe is 2 times less

[@ariahemin1000]

Welcome to iraq you get paid 200$ from a 12hr shift and car prices are 3x the cars in Europe. Good luck getting a car for less than 10k $. A freaking 2011 camry is 5000$ in america if not less, in Iraq 12k for a shitty one a clean one is like 13k 13.5k. can you imagine a land cruiser 2014 is lile 40k in Iraq and i see dough say land cruiser for 20k is the best off-roader lol.

[@skurbi8097]

@@ariahemin1000 200$ for a 12hr shift? i get paid 84$ for a 12hr shift

[@Lexartm]

It's also crazy how Americans have to pay 10k $ for a visit at a doctor

[@xPS3xBOSSx]

@@Lexartm if you have terminal aids maybe. Divide that by 100 and you would be about right

[@skys8755]

Your hearing about America on the internet I promise you it’s not like this at all 60% maybe 70% is middle income or paycheck to paycheck most people young with nice cars is most likely just spending all they’re money on it n just worked on getting good credit to get approval and living with family definitely nothing wrong with that but $20 hourly is sadly not allot anymore it’s not possible to live freely ncomfortable at a young age with a $60k car and payments your gonna need help or your a slave to a car lol

[@philipellington]

Honestly pretty good, realistic advice. It might seem obvious or self-explanatory upon hearing it, but hindsight is 20/20... I too talked about buying my 'dream' car for 3 years before I was finally able to afford it. '16 4 series convertible... it isn't even that expensive in comparison, but when I had 20 dollars in my bank account it felt like a road too long to reach the end of. Now I'm setting my sights higher!

[@zsrs7]

Love to hear it much appreciated

[@OlayiwolaOgunbiyi-n7c]

hi i am 16 and this video has inspired me to cut off all bad habits i’ve had all year long from clothes and shoes all the way to eating junk in 2025 i aspire to create my checklist and help myself so i can get my dream car by the time im 18

[@andr3wthegam3r8]

0:15 thought you were going to say stealing

[@lshkr6133]

It seems so easy to do so in the USA. I'm 20 now, i moved out to Germany last year from Hungary. My "dream car" is a 2nd gen CLS 63 but even a diesel CLS feels unreachable for like 15-20k euros😂 I make 1900eur a month but due to the high taxes i got like 1400, and I have to pay for the apartment I live in, food etc. I would have to make at least 2500 euros in netto to get a car like that and it would still take years to achive it.

[@ilovepizza8263]

what year is that rs7

[@vapor7653]

after a year of saving you have 20 grand, but do you buy in cash or is it okay to finance?

[@zsrs7]

Great question, I say if you can finance then go ahead and do so. For me the only issue is at 18 its nearly impossible to approve on a 40k+ vehicle even with 50% down. Unless you have a cosigner. That’s why I saved up 👍

[@xPS3xBOSSx]

It all depends on where you are in life and what goals you have. College, housing, family, etc. It also depends on what rate you can get. If you are 18 and able to secure financing make sure you have the money invested in something that (should) yield more than your apr. For example if I am putting 20k down and financing 40k for 6% I would also want to have 40k invested in the s&p which averages 8%.

[@xPS3xBOSSx]

Another big tip is to put all your money into a very conservative investments while you are saving (money market etfs, divided growth etfs, index funds etc). If you aren’t earning 4ish% you are losing.

[@xPS3xBOSSx]

Even getting a high yield savings account is better than nothing. Compound interest is real and you need to get in on it early. You will easily be a millionaire if you do.