My Company Forced Me To Buy A $38,000 Car!

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The Ramsey Show Highlights

The Ramsey Show Highlights

Күн бұрын

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@yamamancha
@yamamancha 5 жыл бұрын
I never get tired of listening to Dave talk about vehicle debt.
@Shaolin91z
@Shaolin91z 5 жыл бұрын
This time it's justified
@yamamancha
@yamamancha 5 жыл бұрын
@@Shaolin91z I thnk he's always spot on when it comes to vehicle debt. Half the people calling in would be living the good life if not for stupid decisions on cars.
@yamamancha
@yamamancha 5 жыл бұрын
@@Shaolin91z And just to be clear, I almost made one of those stupid decisions a year ago.Thanks to Dave, I decided not to buy a new car and it totally changed my trajectory for the better.
@Shaolin91z
@Shaolin91z 5 жыл бұрын
Good for you. New car payment+full coverage insurance+ sales tax = debt
@InvincibleMegaBeast
@InvincibleMegaBeast 5 жыл бұрын
I have a sport car that Im under water with at least $3k...going to try and sell it off this spring
@InvestingHustler
@InvestingHustler 5 жыл бұрын
He wanted a new car and blaming his company for it 🤔 I’m sure he could’ve got a better deal then a 38k car
@atown27
@atown27 5 жыл бұрын
I agree
@LuisPerez-xh7if
@LuisPerez-xh7if 5 жыл бұрын
HE SHOULD HAVE GOTTEN A CAR THAT WAS 1 YEAR OLDER AND ALREADY TOOK THE DEPRECIATION HIT.
@georgewashington938
@georgewashington938 5 жыл бұрын
than
@lovethemflowers
@lovethemflowers 5 жыл бұрын
Man! I wanted to hear what car he bought. Sorry the call dropped before we found out.
@jamescurrent8794
@jamescurrent8794 5 жыл бұрын
You've nailed it on the head here.
@nathanielcarreon5634
@nathanielcarreon5634 5 жыл бұрын
My company forced me to buy a house in Malibu. lol
@BethBurns68
@BethBurns68 5 жыл бұрын
lol
@aldovlo
@aldovlo 5 жыл бұрын
🤣🤣
@designhub360customapparel
@designhub360customapparel 5 жыл бұрын
Lol
@defnotsolrac3406
@defnotsolrac3406 5 жыл бұрын
rofl
@davidburton4582
@davidburton4582 5 жыл бұрын
Haha
@MrAces215
@MrAces215 5 жыл бұрын
A new Honda civic is like $18k...All I hear are excuses
@logancoryshares4040
@logancoryshares4040 5 жыл бұрын
Sixeagles entitlement! Costs people millions.
@joeb1522
@joeb1522 5 жыл бұрын
Agreed. An a new Honda Civic with pretty good options is about 20k or 21k.
@alexjohn5251
@alexjohn5251 5 жыл бұрын
I bought the cheapest new civic no features and a stick shift and it was still over 18
@bliglum
@bliglum 5 жыл бұрын
@@alexjohn5251 Hey, you got the right transmission option though! Honda autos are garbage, but their manuals are sweet.
@GTPLewellen
@GTPLewellen 5 жыл бұрын
bliglum What vehicles do you prefer???
@samuelbane6743
@samuelbane6743 5 жыл бұрын
Very key point… if you leave that job you still have the car payment!
@AdaEstherGJ
@AdaEstherGJ 5 жыл бұрын
Very true!
@IaMtheDjSpade
@IaMtheDjSpade 5 жыл бұрын
Or even worse get fired
@user-nb8yt2il2r
@user-nb8yt2il2r 4 жыл бұрын
Dont leave the job
@mverma7845
@mverma7845 3 жыл бұрын
@@user-nb8yt2il2r what if he gets fired.
@mverma7845
@mverma7845 3 жыл бұрын
@@IaMtheDjSpade Here is the kicker after he gets fired he sells the car to his boss
@1jw298
@1jw298 5 жыл бұрын
I don’t think he hung up, sounds like he was driving his expensive car and lost connection.
@aaGirlification
@aaGirlification 5 жыл бұрын
funny, if he was driving car and all of a sudden realized he is stupid.... So why not call Dave to reconfirm. LOL.
@SajuMirrorCast
@SajuMirrorCast 5 жыл бұрын
🤣
@CarlosFlores-xf2sn
@CarlosFlores-xf2sn 5 жыл бұрын
😂😂😂😂😂
@1151simon
@1151simon 4 жыл бұрын
Ahahahaha 😅
@glowblank17
@glowblank17 4 жыл бұрын
*Lost connection with reality 😂!*
@leilanikuuipo6004
@leilanikuuipo6004 5 жыл бұрын
Nobody forced him to buy a 38k car, he did that all on his own.
@CrashCarson14
@CrashCarson14 5 жыл бұрын
Jswirv so a civic to an M3? An M3 wouldn’t be to good for any clients. Too tight
@i0hate0this0place
@i0hate0this0place 5 жыл бұрын
@@CrashCarson14 true, sounds like an excuse to buy a M3. A regular 3 or 5 series would have done a better job of driving clients around. Even a C class, not many people know the model of cars, just the brand.
@CrashCarson14
@CrashCarson14 5 жыл бұрын
jean rainier feliciano exactly. People egos into buying a car. An X 5 or whatever it is would be best of a bmw really
@califdad4
@califdad4 4 жыл бұрын
a Real Estate Broker told me that he got his agents years before, a deal on a Lincoln Continental , but they bought the cars, this was back in the mid 1960's, he said they looked real good and the cars looked great outside of the business
@jonnytorch5855
@jonnytorch5855 4 жыл бұрын
Jswirv this is true. The know a girl with a real estate firm that required you to have a luxury auto. She bought a Lexus suv.
@Ant0417
@Ant0417 5 жыл бұрын
There’s no chance any company on earth would “force” him to buy a NEW vehicle, much less a $38k one. If he travels for work, he would be required to have reliable transportation, nothing more. He could’ve bought a 2 or 3 yr old Camry or Corolla for $10-15k.
@yesorlando05
@yesorlando05 5 жыл бұрын
Exactly!
@jeffstuehling3510
@jeffstuehling3510 5 жыл бұрын
I did work for a place that required the outside sales guys to have no older than a 3 year old truck. Most of the guys would go get the best deal that could and still be over $30k. I no longer work for that company. Lol. A current body style that is well maintained should be sufficient for any company in my opinion. That can get you an 8 year old vehicle in some cases.
@anthonyc362
@anthonyc362 5 жыл бұрын
JJ Anthony I know of companies that say the car can only be so old and over a certain value.
@kimjong-un5562
@kimjong-un5562 5 жыл бұрын
Yeah company's require employees having cars under 3 years old . Most management position that require a lot of driving all call for new cars under 2-3 years. It's basically ensures u never break down
@Telcomvic
@Telcomvic 5 жыл бұрын
I don't know what they do now--but previously, the phone company I worked for required outside sales managers to have a 4 door 2-3 yo car of a certain size/brand as condition of accepting/continuing the job.
@DjR6307
@DjR6307 5 жыл бұрын
Guy: "I'm on baby step 2 of your program, so I went out and bought a $38,000 car..." Dave: *FACEPALM* 😂😂😂
@anangambarman4606
@anangambarman4606 4 жыл бұрын
😂😂😂😂
@greatgolfer23
@greatgolfer23 3 жыл бұрын
Literally!! Plus he did it in painful silence while the guy kept explaining hahah, love Dave
@chazzkramer7676
@chazzkramer7676 Жыл бұрын
I know someone who bought into this stupidity. He no longer has the job or the car!
@Tyler-sq4lt
@Tyler-sq4lt 5 жыл бұрын
I think Dave's *Facepalm* just became a meme.
@Mhel2023
@Mhel2023 5 жыл бұрын
Ikr...I need to print pictures of this facepalm. One on the fridge and one stuck on my wallet 😂
@Jumperman12mac
@Jumperman12mac 4 жыл бұрын
Smart guy, goofy face, slightly doughy head lol
@DaMu24
@DaMu24 3 жыл бұрын
@@unicornswag888 Do me.
@petesspspsps
@petesspspsps 5 жыл бұрын
He didn't want to admit what type of car it was so he hung up...
@herfirstmate
@herfirstmate 5 жыл бұрын
Pete S LOL! For sure!
@egresk1
@egresk1 5 жыл бұрын
I'm guessing his cellphone dropped the call, but of course I don't have a crystal ball like you.
@petesspspsps
@petesspspsps 5 жыл бұрын
@@egresk1 It's a joke. Of course, we don't know what actually happened. I'm making light of the curious time the call ended (which was right after Dave asked him what type of car it was). It's ok to laugh about it!
@williamsmith3331
@williamsmith3331 5 жыл бұрын
😆
@thelastmemphian
@thelastmemphian 5 жыл бұрын
Yeah it was prob some entry level luxury car like a 3-series BMW or Merc C-class. He thinks he deserves a nice car because he makes a lot of money
@wmurray003
@wmurray003 5 жыл бұрын
"and you don't think you'll be able to do that cheaper than 38 thousand huh."
@PittToNYC
@PittToNYC 5 жыл бұрын
I had a similar car arrangement with a previous company, and I would not be surprised if the rule is within 4 model years “at the time of purchase”. So if that’s the case, he wouldn’t have to swap out cars every year. Then he could just buy a reasonably priced, reliable car and bank the monthly car allowance.
@soonermagic24
@soonermagic24 4 жыл бұрын
He didn’t want to tell dave he bought a bmw to impress women at stoplights
@speakingtruths4215
@speakingtruths4215 4 жыл бұрын
soonermagic24 Except that a new 38,000 dollar BMW doesn’t exist. It’s 2020, not 1996. And he’s married, which kind of make your comment silly.
@unklecorky2181
@unklecorky2181 4 жыл бұрын
@@speakingtruths4215maybe he got a barebones/stripped down base 3 series that was a previous years leftover being sold at a discount? It's a stretch I know but you could def make it happen for 38,000
@chris24220
@chris24220 3 жыл бұрын
@@speakingtruths4215 a 38,000 dollar bmw does exist. Do some research.
@jeffpesos6554
@jeffpesos6554 5 жыл бұрын
I love hearing about people in these situations to feel better about myself
@regul8or71
@regul8or71 5 жыл бұрын
Respectfully, that’s quite foolish of you. Just because someone else is in a different/worse situation doesn’t mean that your situation is necessarily better. As soon as we get complacent with our own situation by comparing it with somebody else’s, we open a door that we don’t want to open. That’s how I ended up with $13,000 in credit card debt. Comparison is a killer.
@elsunshine9976
@elsunshine9976 3 жыл бұрын
@@regul8or71 dont be such a killjoy
@regul8or71
@regul8or71 3 жыл бұрын
@@elsunshine9976 if you find joy in lying to yourself then you’re in even worse shape. And perhaps the worst part: you probably didn’t even know it. Funny how that works.
@elsunshine9976
@elsunshine9976 3 жыл бұрын
@@regul8or71 so you are better than Everyone else
@regul8or71
@regul8or71 3 жыл бұрын
@@elsunshine9976 unfortunately for you, the moment that someone egregiously twists my words (like you just did) is the moment I stop interacting with them. G’day.
@TeeroyHammermill
@TeeroyHammermill 5 жыл бұрын
He's probably spending $100+ per week on gas. I'll bet the stipend is just covering the gas.
@morbotheturtle3796
@morbotheturtle3796 4 жыл бұрын
@NonyaBusiness! are you talking the tax incentive or just from the company?
@speakingtruths4215
@speakingtruths4215 4 жыл бұрын
NonyaBusiness! You wrote a whole novel to explain something that could have been explained in one sentence.
@noahcalhoun3964
@noahcalhoun3964 3 жыл бұрын
Not really most companies give a gas card
@mannyjeanpierre4062
@mannyjeanpierre4062 5 жыл бұрын
dudes a clown. Not man enough to receive wisdom from a man whose already been there and done that. He better pray he doesnt lose his job and is stuck with a note he cant pay. His company probably gets a kickback somehow from some auto sellers
@herfirstmate
@herfirstmate 5 жыл бұрын
Manny Jean Pierre And the nerve to hang up on him. Can you believe that? You call into his show asking for advice after you do something dumb and hang up because you heard something smart. LOL.
@egresk1
@egresk1 5 жыл бұрын
@@herfirstmate How about the guy was disconnected on his cell phone?
@herfirstmate
@herfirstmate 5 жыл бұрын
egresk1 And we know this... how?
@herfirstmate
@herfirstmate 5 жыл бұрын
egresk1 You’re right. Maybe I’m projecting and it’s actually me that would’ve hung up cause I did something so dumb.
@nochindeluxe
@nochindeluxe 5 жыл бұрын
This is exactly what happened to a friend of mine. He was in sales and the company gave him a stipend to buy a vehicle that could haul the commercial equipment that he was selling. Dude goes out and buys a brand new Ford Expedition for like $50k or whatever and loses his job a few months later. The truck got repossessed almost immediately and he declared bankruptcy shortly after.
@MiguelRPD
@MiguelRPD 5 жыл бұрын
He could have easily gotten a Toyota Camry Hybrid or something.
@geoffreysserwanga7996
@geoffreysserwanga7996 5 жыл бұрын
I dont remember him mentioning that type of car he got
@erikgonzalez2278
@erikgonzalez2278 5 жыл бұрын
If I could buy my new car before I knew about Dave I'd buy a used Camry Hybrid SE for sure.
@big4g63t
@big4g63t 5 жыл бұрын
That's what I just got my mom after my dad passed away, so she could travel on small fixed income , 2012 Camry hybrid 45mpg and 200hp.... Real nice car
@iaimforawesome
@iaimforawesome 4 жыл бұрын
Geoffrey Sserwanga most likely a base model luxury, Mercedes Audi etc. go for that price
@johnneill5960
@johnneill5960 3 жыл бұрын
You have to be comfortable if you drive it that much and not be a sardine ...there were other options though.
@ibmtpx24
@ibmtpx24 5 жыл бұрын
I have a really tough time convincing several of my family members that a car is not only a liability (needs money to maintain and repair), but also a depreciating item (going down in value with age and mileage). All those relatives have money trouble and all want to do car lease. I have no debt and have gained a sizable net worth (two houses worth of cash purchase without touching my retirement and emergency funds) with a 9 year old hatchback. This caller's value system is on the opposite end from mine and I don't think he understands what the baby step 2 is about. But boy if you think shifting the paradigm on yourself is hard, try do it on someone else. From my several unsuccessful attempts interacting with my family, it's almost better to just let them go and let them rot. It's like they refuse to dream for a better life and just want to fulfill their craving on what other people consider the successful life now by putting up a fancy facade.
@mingchi1855
@mingchi1855 5 жыл бұрын
It's a really sad situation but so true. I think many people here on Dave's channel have similar relatives. Sometimes you just cannot do much but flee. They have all sorts of excuse when borrowing money: "esteem", "ethics", "humanity", "love", "religious believes", etc. In the end they are not only destroying themselves, but also destroying any people who cares about them. Increase income, live below means, have emergency funds, avoid stupid "investments", and most importantly, stop the hope for everything coming to life right now, that 'll just be fine for everybody. But those people won't and instead want other people to pay for their dreams.
@nathanyoung8284
@nathanyoung8284 5 жыл бұрын
I think people can go into car debt without being stupid about it, but man, the number of people at my dealership getting 84 month loans is pretty baffling... In this guy's case he should have bought a year-old ex-rental car with a few miles on it and called it a day.
@maxn6276
@maxn6276 5 жыл бұрын
True that
@michaelmarquez6133
@michaelmarquez6133 5 жыл бұрын
Ok to be honest I used to try to convince people around me or that I care about things like this but I found out that I was just wasting my time and hurting my relationship with them because it got to the point where I would either be frustrated or they honestly wouldn't want to hear it and save we're tired of it so my advice is maybe tell them once and then just leave it I mean you won't get anywhere by telling them over and over but you might get somewhere if they see you winning and they might come back to you and say hey tell me about this thing again how did you do this?
@michaelmarquez6133
@michaelmarquez6133 5 жыл бұрын
@@nathanyoung8284 I have a car payment and the car was below bluebook value and still has warranty through Toyota and I paid like half down and yeah even then I still feel like I shouldn't have done it but my wife has a car that she had she can use and I don't have to worry about it she's happy and I'll pay it off within a year or two so at least it's not too bad
@wanyinavybes421
@wanyinavybes421 5 жыл бұрын
“Sometimes am just talking to myself” 🤣🤣🤣🤣🤣 feel comforted Dave am always listening to you😀
@kennethturner9140
@kennethturner9140 5 жыл бұрын
Will someone please tell Dave it is Honda Accord and not Honda Acura?
@xpandergt
@xpandergt 5 жыл бұрын
No Dave right Honda makes Acura it's a Honda Acura😂
@juliom7096
@juliom7096 5 жыл бұрын
Well honda makes acura so he's not completely wrong
@kennethturner9140
@kennethturner9140 5 жыл бұрын
"Here's what you need to do. Buy this made-up car" - Dave
@EmpireTextbooks
@EmpireTextbooks 5 жыл бұрын
KENNETH TURNER haha yeah he couldn’t handle Dave’s stupidity here. Dave didn’t even ask how much the stipend was!
@Bojaxs
@Bojaxs 5 жыл бұрын
@@kennethturner9140 semantics, buddy!
@jwardTLS
@jwardTLS 5 жыл бұрын
yeah sorry not buyin it. My FIL spent years and years driving between Milwaukee and St. Louis on a weekly basis for work and a Camry worked just fine. No way does this dude need such an expensive car
@randomvideosn0where
@randomvideosn0where 5 жыл бұрын
I feel bad enough putting my $5500 car through the miles for work, I can't imagine the feeling when a rock hops up and dings your $38,000 car.
@ds2k15
@ds2k15 5 жыл бұрын
He said he got a new car because otherwise he'd have to change cars every few years, but if it's not paid off in 4 years he'll have to do that anyway so why shackle yourself with 38k worth of debt? They could also fire him tomorrow and he'd be SOL.
@antoniopoianella9636
@antoniopoianella9636 4 жыл бұрын
Yeah he's gonna have to buy a new one every 4 years. He ends up losing about 5k per year on depreciation
@magnifikris
@magnifikris 4 жыл бұрын
He can lease a car every few years... duh
@glaxowelcome1907
@glaxowelcome1907 4 жыл бұрын
@@magnifikris Dumb idea. Do you have any idea how much extra he would have to pay when he returns the vehicle with high milage?
@freeman7296
@freeman7296 5 жыл бұрын
I bet he hung up because his BS got called out.
@chinelb.6017
@chinelb.6017 5 жыл бұрын
My old company was like this. You had to drive a car that was less than 5 years, it had to have leather interior, and they only allowed certain makes and models. If you didn't agree to the car requirement you wouldn't be hired, and if employed you would be subject to termination. I left them after 2 years.
@gus4198
@gus4198 5 жыл бұрын
Brand new corolla for 20,000 then he’s saved money and qualifies for the stipend for 4 years. Sells it at the end for 5k and that brings the next new car down to 15k to qualify for another 4 years.
@trippin9298
@trippin9298 5 жыл бұрын
True! Would a Corolla be comfortable enough to be in all the time?
@trippin9298
@trippin9298 5 жыл бұрын
Well that speaks to that.
@raydavies6236
@raydavies6236 5 жыл бұрын
@@lslurpeek I knew a 6-10" guy that drove a Ford Tempo....
@Kostas1989
@Kostas1989 5 жыл бұрын
4:58 Hello ?? Hello ??? hahahahahah the guy hung up he couldn't take it anymore !! hahah
@angelad7759
@angelad7759 5 жыл бұрын
LOL!!!
@EmpireTextbooks
@EmpireTextbooks 5 жыл бұрын
Kostas haha yeah he couldn’t handle Dave’s stupidity here. Dave didn’t even ask how much the stipend was!
@ibmtpx24
@ibmtpx24 5 жыл бұрын
@@EmpireTextbooks The amount of stipend is irrelevant. The spending habit of this caller is the focus here. I am not sure who is the stupid one here though.
@EmpireTextbooks
@EmpireTextbooks 5 жыл бұрын
teetee tee what if the stipend is a percentage of the car payment? Then it is relevant. Especially if the stipend isn’t provided if you don’t purchase a car
@TheAngrySlug
@TheAngrySlug 5 жыл бұрын
@@EmpireTextbooks This response actually made sense in your mind?
@ultimaetsolder
@ultimaetsolder 5 жыл бұрын
2 or 3 year old Camry LE is nice and probably not too $.
@Lindoronyuni
@Lindoronyuni 5 жыл бұрын
ultimaetsolder I just got a 2016 Toyota Corolla for 16k with 26k miles. It can be done and Toyota’s are known to be reliable.
@mikeganer6257
@mikeganer6257 5 жыл бұрын
Tabor Tabor you got ripped off
@Lindoronyuni
@Lindoronyuni 5 жыл бұрын
mike ganer cool. Done my research and at the time I bought it, it was under two years old and lined up on Kelly bb. It has been a fantastic car for me 👍🏻
@monkas7270
@monkas7270 5 жыл бұрын
Tabor Tabor you should’ve tried to negotiate it down instead of paying the first offer you got
@fedge314
@fedge314 5 жыл бұрын
@@Lindoronyuni You did get ripped off. I got a 16 Corolla S plus for 18,000 brand new. But you will love the car, they are nice and built to last.
@zachhawkins5005
@zachhawkins5005 2 жыл бұрын
My worry would be if I lose the job, I still have the payment.
@TheFunnyBone5
@TheFunnyBone5 5 жыл бұрын
When Dave Ramsey facepalms you know it’s bad.
@morbotheturtle3796
@morbotheturtle3796 4 жыл бұрын
Not only that, he facepalmed after the very first sentence 😂
@kahea2018
@kahea2018 4 жыл бұрын
Yeah... When he says, "Oh, good Lord." Lol
@checkfoldcallraise
@checkfoldcallraise 2 жыл бұрын
You lost him at “Honda Accura” 🤣🤣🤣
@carlsnell2026
@carlsnell2026 4 жыл бұрын
Love Dave's honesty.
@sophyouk5550
@sophyouk5550 5 жыл бұрын
I love my $2500 car, a 2004 Honda Civic!!!!
@HaloDaycare
@HaloDaycare 5 жыл бұрын
Sophy Ouk Automatic transmissions are weak on those. Use a fully synthetic tranny fluid like Mobil 1 or Amsoil and do it NOW! Do four drain and fills or so over 1000 miles immediately and you should be okay :)
@Goprof150
@Goprof150 5 жыл бұрын
I have a 2004 Civic, drive that car everywhere.
@marcusmccain2666
@marcusmccain2666 5 жыл бұрын
I love my 2004 Honda Civic so much that when I got sent overseas (military) I bought a second. Its just a great car. All my friends laugh at me saying how old my car is. But I just remind them of their 20k+ loans and that always shuts them up.
@guyonabudget5209
@guyonabudget5209 5 жыл бұрын
Transmission failures on those civics buddy looks like you need the money advice. Next time do you research you sound like the $38,000 car guy he doesn’t listen. I know a website to prove that Honda created faulty transmissions for almost a decade since 1998.
@Goprof150
@Goprof150 5 жыл бұрын
Guy On A Budget It’s over exaggerated buddy, it happens sometimes but not as much as you think, and if it does go they aren’t that expensive to replace.
@MiMiOrt
@MiMiOrt 5 жыл бұрын
@ 0:28 Dave's reaction was the same as mine 😂 Dear Lord .
@jake_runs_the_world
@jake_runs_the_world 5 жыл бұрын
MeMe O. Yeahh such an instinctive reaction
@Mhel2023
@Mhel2023 5 жыл бұрын
..hahahha I clicked on this video immediately because of the facepalm thumbnail, I knew it was gonna be a good call
@ft8998
@ft8998 5 жыл бұрын
the truth hurts
@mikejcarthy
@mikejcarthy 5 жыл бұрын
After being reckless in my early and mid twenties financially I'm finally starting to see the light. I've paid down all my debts to zero, increased my income and managed my expenses to invest and save as much money as possible every month. Thank you Dave! By the way if you haven't read a book called The Richest Man in Babylon I'd HIGHLY recommend it.
@scarpfish
@scarpfish 3 жыл бұрын
I love how Dave facepalms before the caller even completes a sentence.
@tbonemillz
@tbonemillz 5 жыл бұрын
He didn’t like Dave’s answer lol
@maxpayne044
@maxpayne044 5 жыл бұрын
He lied to himself to justify buying it. Then continued to justify it while wanting a pity party.
@romeostarlite21
@romeostarlite21 3 жыл бұрын
People like these shouldn't really call in, this is the type of dude who will go bankrupt because of making dumb decisions.
@DevotionsWithDemarcus
@DevotionsWithDemarcus 5 жыл бұрын
Great video! We love these vids!!!
@TheRealMacAndCheese
@TheRealMacAndCheese 3 жыл бұрын
Dave's facepalms are the stuff of legend.
@IllinoisTrafficAttorney
@IllinoisTrafficAttorney 5 жыл бұрын
I bought my 2012 Toyota Prius c after it was returned from a lease with 30,000 miles and my car note was only 159 a month for five years. Now at a hundred and eighteen thousand miles and still no major issues. Just oil changes, tire rotations, and a battery flush for a few hundred bucks. It's been paid off for a few months now it feels good. No reason to pay more money than you need to into a car that you plan to destroy with heavy driving
@theforeigner6988
@theforeigner6988 5 жыл бұрын
Why don't they teach us in school how to handle money...
@caddcoll1
@caddcoll1 5 жыл бұрын
Erm... probably cus that's your parents job!?? It's people like you blaming everyone but the idiot in the mirror!
@theforeigner6988
@theforeigner6988 5 жыл бұрын
@@caddcoll1 I don't blame anybody. I simply could not believe how many people live paycheck to paycheck, even in their 50ties, not knowing a thing about budgeting.
@theforeigner6988
@theforeigner6988 5 жыл бұрын
If you don't have parent's who've learnd it, you're fckued. In school they teache you everything but the important stuff.
@teev7
@teev7 5 жыл бұрын
They do, but not in the form of real world examples which is why parents don’t even know how to correctly teach their kids.
@kurtiscal3msetccdwell618
@kurtiscal3msetccdwell618 5 жыл бұрын
that school sees your kids more than you. The government forces you to allow this or you go to jail. it is the schools fault or more precisely the government.
@ChiTown094
@ChiTown094 Жыл бұрын
Buddy was so embarrassed by the truth, he hung up
@AndreFarrar
@AndreFarrar 4 жыл бұрын
That man got his feelings hurt.
@jh26pt2
@jh26pt2 5 жыл бұрын
0:29 You can almost see the thought bubble over Dave's head, saying "I should have been a fireman."
@matthewwilliams9200
@matthewwilliams9200 5 жыл бұрын
yea this isn't forced at all, an excuse to buy a new overly expensive car. he didn't like this answer and hung up. it's stupid buy a ford a Toyota couple years old and sell that baby at 3 year mark all of the extra cash roll over into the next cash car purchase.
@tomassmith2088
@tomassmith2088 5 жыл бұрын
i suspect ramsey is poking a little fun at him in the title
@leilanikuuipo6004
@leilanikuuipo6004 5 жыл бұрын
roll overs don't work, you get stuck being upside down. He just needs another job if he can't live with the stipend. Obviously didn't save for his car purchase. Cash is King and he could've bought a good used car.
@JimboLogic
@JimboLogic 5 жыл бұрын
Brutal honesty. Love it.
@FortuneSeek3rz
@FortuneSeek3rz 5 жыл бұрын
He probably bought a Mustang GT LOL
@666dynomax
@666dynomax 5 жыл бұрын
F150
@FortuneSeek3rz
@FortuneSeek3rz 5 жыл бұрын
@@666dynomax Are you the caller?
@XCVi_MAC
@XCVi_MAC 5 жыл бұрын
I made that mistake.
@AStanton1966
@AStanton1966 5 жыл бұрын
@XCVI Mac did yours have a plastic oil pan and drain plug? I won't buy a new Mustang GT for those reasons.
@Djuane
@Djuane 5 жыл бұрын
FortuneSeek3rz you gotta be a idiot to buy a new car unless you plan on keeping it forever
@chowfun6526
@chowfun6526 5 жыл бұрын
Excellent advice. Thank you.
@ComfortLining
@ComfortLining 5 жыл бұрын
Return the car and go get one that's 3 or 4 years old. I needed a truck in 2017 so I bought a 2009 still running great, looks good. Just get a oil change when ur supposed too.
@a87nomsirrah35
@a87nomsirrah35 3 жыл бұрын
Did the guy really hang up on Dave? LOL
@christopherkaiser1
@christopherkaiser1 5 жыл бұрын
Seems low IQ, high paying job, impulse control and vanity correlate to ridiculously high debt. All the time.
@user-fr4cg2xj2w
@user-fr4cg2xj2w 5 жыл бұрын
Christopher Kaiser idiot
@furyberserk
@furyberserk 5 жыл бұрын
Disagree with the high paying job.
@queluu9733
@queluu9733 4 жыл бұрын
No, it's household income including his wife's income. Probably he makes around 55k, his wife makes 40k. Not really sure.
@SilverShadow02
@SilverShadow02 4 жыл бұрын
You don't need a high IQ to get a high paying job. Very believable statement.
@matthewgruter2937
@matthewgruter2937 4 жыл бұрын
Lots of people with high IQ dont have money sense
@mtjeeves1234
@mtjeeves1234 4 жыл бұрын
Buy a buick with low miles and the 3800 series II or III motor. You can almost always find them with under 80k miles on them with no damage or paint problems. They will run 300k miles If maintained properly, are comfortable, and get between 28-31 mpg highway. They are safe and will get you to your destination without feeling cramped or lucky to have survived the trip. You can find them for anywhere from 2-8k depending on model, options, and miles. I've got 1 that I drive daily, and another in the back yard under a car cover if anything happens to the daily driver.
@apexlacrosse8649
@apexlacrosse8649 5 жыл бұрын
Buddy was off the phone for like 3 minutes before Dave noticed
@disintulini4397
@disintulini4397 6 ай бұрын
watching from South Africa 🌍. this is so crisp
@sitiwrattz
@sitiwrattz 3 жыл бұрын
Bro needs a Toyota if he’s driving alot
@FamilyFulfillmentProject
@FamilyFulfillmentProject 5 жыл бұрын
I love listening to this show!
@MrWatchmen759
@MrWatchmen759 5 жыл бұрын
No body forced him 🤥 he just want a new car
@roxcyn
@roxcyn 5 жыл бұрын
It's a clickbait title.
@CaliforniaDreamin.
@CaliforniaDreamin. 3 жыл бұрын
I love listening to Dave!
@joselafalaise2600
@joselafalaise2600 5 жыл бұрын
That thumbnail doe.
@jimh4167
@jimh4167 4 жыл бұрын
I like the on-site on some one the drives for a living (high milage) instead of hammering the mileage for 4 years.. Only impact the vehicle for one year and upgrade every year
@DisabilityExams
@DisabilityExams 5 жыл бұрын
Best car for lots of driving = Toyota Prius.
@vickieclark5931
@vickieclark5931 5 жыл бұрын
The reactions that Dave has when people call in about stupid things they do make this show even better. LOL
@S4h4r4s
@S4h4r4s 5 жыл бұрын
3:55 "We're not putting you in a smart car, that'd be dumb" 😅
@DrCureAging
@DrCureAging 3 жыл бұрын
Really? He thinks if he bought a 15K car, he'd be getting a CAR EVERY YEAR? Really? GET A HONDA FIT. 19K out the door BRAND NEW. Efficient and reliable.
@stupidrules1000
@stupidrules1000 5 жыл бұрын
I love how he's giving advice on the company's car reimbursement program without first getting any information about the reimbursement program. Like, how do you know the car reimbursement isn't a reimburse up to X amount, instead of a flat reimbursement. In tgat case, he should go buy the most expensive car possible because it's on the company.
@tzarzinjo3766
@tzarzinjo3766 4 жыл бұрын
He's getting paid $95,000 a year. There is no way that stipend will go up over $500 a month. Even if it did it would be $6,000 a year which will add up to $24,000 in the four years till he gets a new one. The stipend wouldn't get near to covering his car for the time he has with it. Also, Dave only brought up the loss in value only, he didn't account for the gas nor the repairs that he's going to need to maintain the car, which if he got a BMW or some other European car, will add on significantly more to the cost over these four years. Quit trying to justify the actions of stupid people.
@AB-wy7dr
@AB-wy7dr Жыл бұрын
Despite your attempt to sound smart - you sir have failed.
@bobsworldentertainmentpodc640
@bobsworldentertainmentpodc640 4 жыл бұрын
Crazy what goes on now is crazy
@marcg7535
@marcg7535 4 жыл бұрын
Don’t make excuses for wanting to live large . Big mistake
@CarolBennettGA
@CarolBennettGA 5 жыл бұрын
I bought my car, new, in 2008. A Kia Spectra. Had maybe 30 miles on it from test driving. Paid it off 1 1/2yrs early. It's now 11yrs old and only has 67,000 miles on it. I drive it every day, have driven it on long road trips. No major issues at all and we do regular maintenance, etc. Excellent on gas! Love, love, love my car. Nothing fancy, but does the job.
@sidharthchand8072
@sidharthchand8072 5 жыл бұрын
You could buy a used Lexus for 12,000
@JesusSaves827
@JesusSaves827 3 жыл бұрын
When Dave says “good lord”……priceless.
@mverma7845
@mverma7845 3 жыл бұрын
Dave: Why did you buy a 38k car Caller Peace out Dave ****hangs up***** Dave: Hello, Hello Hello
@freshurb8963
@freshurb8963 4 жыл бұрын
Let this foolish person fail. he clearly is beyond help and was simply calling to justify his foolery
@robioavion
@robioavion 5 жыл бұрын
Either he hung up or his phone cut off😂😂
@genadiykazak1618
@genadiykazak1618 3 жыл бұрын
Dave is super advisor!!
@classicrocklover5615
@classicrocklover5615 5 жыл бұрын
Dave: "How much do you owe on the vehicle?" Caller: "Around $38,000" Dave: *sigh* "Good Lord..."
@jackpalczynski7884
@jackpalczynski7884 5 жыл бұрын
I worked for a company with the same 4 model years or less. Half the people were in Honda Civics. Another quarter were in the lowest end Fusion/Mazda6/Altima/Accord. The rest of the office was like this dude with Lexus, BMW, Suburban. I whole heartedly agree with Dave. My company now just wants reliable and I'm driving an 09 Fusion with 71k miles on it.
@PPE707
@PPE707 5 жыл бұрын
Dave immediately face palms 😂
@TheWaterman1000
@TheWaterman1000 5 жыл бұрын
Before the VW debacle I owned Diesel TDI JETTA. One of the most reliable and fuel mileage car I owned for my taxi business. Finally sold it after 250,000+ miles after little things needed repair. Power train was bullet proof. Diesel cost more than gas cars or trucks but save in many areas.
@heidithaw1072
@heidithaw1072 5 жыл бұрын
A company I worked for provided you with a leased car which they paid for. We were given a gas card which could be used at all times. You had to keep strict track of personal and bussiness miles as the personal miles are taxable. You could buy the car at the end of the four year lease if you wanted. That was a great deal. They deducted an additional 100 bucks a month for this deal. That was great.
@pao8110
@pao8110 5 жыл бұрын
“ SOMETIMES IM JUST TALKIN TO MYSELF” 😩 ...AS LONG AS YOUR NOT TALKING BACK TO YOURSELF! 😂🤣😂
@jonmack2437
@jonmack2437 5 жыл бұрын
Man couldnt handle all that pressure dave was applying
@jessicarubin4484
@jessicarubin4484 5 жыл бұрын
This is a similar situation to mine. Very helpful! Thank you 🙏
@a-a-ron2336
@a-a-ron2336 4 жыл бұрын
2020 Ford Fusion, $17,000 out the door. I get a new one every two years. $600 a month stipend, all maintenance and insurance paid for. Prophet approximately three thousand a year.
@eddieg3631
@eddieg3631 4 жыл бұрын
Profit
@DaMu24
@DaMu24 3 жыл бұрын
You better be making $120k
@Andrea-xs4ny
@Andrea-xs4ny 4 жыл бұрын
Got a 1-year-old Honda Prius Hybrid off the lot with 21 miles (it had never been sold off the lot, so a year later, it was substantially discounted). No matter what car you want, wait until it's a year old (but still on the lot, never purchased), and you get thousands of dollars off the MSRP. It's still a brand new car. :-))
@mph5896
@mph5896 5 жыл бұрын
Buy an old rental car. I just searched Enterprise site for used cars. Found plenty of 2018 Toyota Camry's with 30-50k for $17500. Drive it for three years and move to the next one.
@DonnieDarko727
@DonnieDarko727 5 жыл бұрын
Buy a 2002 lexus es300.
@sabrinaroberts1746
@sabrinaroberts1746 5 жыл бұрын
I bought a year old rental car in 2013 and it still works!
@mph5896
@mph5896 5 жыл бұрын
@@sabrinaroberts1746 Exactly. Many of the nearly new cars for sale at dealer lots are actually rental cars.
@mle011
@mle011 5 жыл бұрын
I bought an old rental car a year ago, 2017 Hyundai Sonata Hybrid with 14,000 miles for $17,000. Idk why he paid like $40,000 for a vehicle he’s just going to have to replace in 4 years anyway (to continue to be eligible for the company stipend).
@mph5896
@mph5896 5 жыл бұрын
@@mle011 yeah, crazy. In the example I gave, drive the car for 3 years. Sell it once done. If you drive 30k a year that would be like a 2015 Camry with 130k that should be worth around $6-8K. So 10-12k out of pocket for 3 years of depreciation or about $3500 a year.
@andrew2137
@andrew2137 4 жыл бұрын
I bought a brand new mazda6 back in 2015 for about 19k. I have 90k miles on it and it's doing just fine no problems ever and about 30 mpg
@xman666soad
@xman666soad 5 жыл бұрын
This frickin bum, nothing but excuses dancing around the fact that HE bought a $38k car when a $10k car would have sufficed. He could have bought two $10k cars!
@darrelllewis5976
@darrelllewis5976 4 жыл бұрын
Boringname 3 cars man. THREE cars for that price
@wmurray003
@wmurray003 5 жыл бұрын
That fool hung the phone up! He wasn't tryin' to hear any of this!
@ChubbyBlumpkinz
@ChubbyBlumpkinz 5 жыл бұрын
I’d buy one of those world famous Honda Acuras!
@raydavies6236
@raydavies6236 5 жыл бұрын
My Acura did say Honda in a few places.
@crazyoncoffee
@crazyoncoffee 5 жыл бұрын
ChubbyBlumpkinz Acura is a luxury car line owned and produced by Honda.
@Ryan-ep8yu
@Ryan-ep8yu 5 жыл бұрын
As others have said, Honda owns Acura. So it does make sense.
@kpace9910
@kpace9910 3 жыл бұрын
I worked for a company that did this. The vehicle had to be the purchase price of 1/2 of your annual income and 5 years or newer to qualify for the monthly payments to be paid for.
@Rex12345-r
@Rex12345-r 5 жыл бұрын
Must Watch Full Video 👀👁
@NTGreekGal
@NTGreekGal 5 жыл бұрын
Go Dave!! Preach!
@InvestingRobinhoodInvestor
@InvestingRobinhoodInvestor 5 жыл бұрын
Buy the least car with the most value! No point in spending so much on a depreciating asset
@brianwinters5434
@brianwinters5434 4 жыл бұрын
When I received a promotion a few years ago I was told my 3 year old Chevy impala was entirely unreasonable to pickup clients in. I was told at least an Audi.
@boscopit
@boscopit 4 жыл бұрын
Yeah this guy just wanted a new fancy car. I have an old car that I maintain and I travel for work every day
@harrisonwintergreen1147
@harrisonwintergreen1147 5 жыл бұрын
The most amazing thing about Dave's show is hearing the constant rationalizations from callers for stupid 💰money decisions. Forces me to be more aware of my thinking ...
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