Pick a Side: Arguing About Buying a New Car

[@scottnelson1713]

This is the first time I've followed a "Pick a Side" episode, and I like it. Please do more of them.

[@random-nz7dy]

Agree. It's a great segment because a lot of times you really wish you had the other person on the line

[@BagsNBaguettes_327]

I’d be more concerned about having a larger emergency fund, 10k seems low given their income.

[@BrianErwin]

their house and cars are paid off. 3-6 months of expenses looks a lot different for people with no mortgage, no rent, and no car notes. at this point, if they were to lose their jobs, they'd only need a few hundred a month for property tax, food, car insurance, gas, cell phones. $10k is more than enough

[@gibblespascack1418]

@@BrianErwin I would agree, the only thing that they will have to prepare for is school tax in sept. So they are in good shape and probably have a pretty low house operating budget.

[@phillipsouthard8285]

You missed where they said they have enough margin to save 50k in 6 months...that means they have an extra 8000 a month, with a paid off house. 10k is plenty for them.

[@LegDayLas]

@@BrianErwin That was a whole lot of things to just be "a few hundred a month". Insurance for two cars alone would qualify under that claim. We can call it $200 a month. Assuming a modest $50 per person a week for food that's $400 alone in food. Assuming they are driving the cars a modest $100 worth of gas (I use $300 myself). Lets say they have a modest $80 a month for cellular. It's difficult to estimate property tax without all their information I'll assume a modest $400 monthly. You should also assume home repairs will be needed, so lets call it $400 a month on average. We have also ignores power and electric, so lets add another modest assumption of $200. There are even more expenses that could be in play such as home owners insurance, but I'll end the line on expenses and do the math. With those hyper-idealized assumptions, to maintain their bare bones standard of living they would need about $1800 rounded a month. Is 10k enough for that? Sure, it qualifies just under 6 months, but it's not "more than enough" especially when you understand just how generous those assumptions were.

[@BrianErwin]

@@LegDayLasthey drive a 2007 and a 2004. he's 56 and she's 45. they can insure both of those cars for $5 a month. in fact, i'm sure they only have liability since she crashed recently and didn't fix it. when i drove a 2007 lexus ten years ago, i paid $15 a month for insurance, at age 30. gas in colorado is only $3, and assuming they lost their jobs, they would be applying for jobs online, no longer having to commute to work, and only driving when absolutely necessary, like up the street for groceries. i've done rideshare in los angeles, where gas is $5, and i budgeted $375 a month for it, so yes, $100 is fine for people who shouldn't be driving while jobless. without income, they go on beans and rice. when i was broke, i lived on $1 tacos and $0.30 packs of noodles. $5 a day, $35 per person a week, $300 a month. i pay $80 a month on electric with four teens on a video game all day, so $200 is pushing it. in an emergency, they don't get to run the AC all day; $40 a month. property taxes, yeah, maybe $400 a month, and there aren't monthly house repairs, so no need for that. cell phones and internet bundle, $80. home owners insurance, $10. that totals around $900 a month. the main point is, most people's biggest expense is their rent or mortgage, which this couple doesn't have. in an extreme case, even if they sold their cars, and just paid property tax, and walked to the store for food, they would be fine for almost a year. you guys putting $50k to the side for a rainy day and it just sits there.

[@morgansprouse2562]

Yeah. Their net worth is wayyy too low for their age. 30k is pushing it for a new car in their position. They need to be socking away for retirement

[@emoney1231]

The worst part of the Ramsey plan is on display here. They have all this cash flow now with a paid-off house, but instead of hitting retirement hard, she wants a $50k car.

[@joechang8696]

600K net worth for two 30 yr olds is well above median (300K each vs 140K median). the issue is it is all in the house and investment funds. unless they have IRA/401k not mentioned? never mind, I thought they were 30, not 45/50

[@TheNoobstalker]

I hate when they say one spouse can have a 50 k car and the husband is left with a 5k car after his work van. The woman is insane and should get a regular highlander as all cars become normal after driving it for a couple of months.

[@tdub697]

You didn't finish the episode then. They told him to upgrade next. He said he didn't want to and wants to keep his truck. He loves it.

[@TheNoobstalker]

@@tdub697 if they follow the Ramsey Plan only 50% of their income should be in stuff with engines. if she gets a 50k car and he has a 20k van for his work that leave 5k for his personal vehicle. It does not matter if he "upgrading later" he still can only spend 5k on his car to not go over 50%. So yes I did watch it all.

[@19hundoc47]

@@TheNoobstalkerlol and we should all take advice from a guy named noobstalker?😂😂😂

[@TheNoobstalker]

@@tdub697 You are a moron HE CAN'T UPGRADE they have nothing left for him. So if he wanted to he couldn't. there is 5k left of their 50% of income for cars there is no "upgrade" and to have one spouse spending 50k on a car and the other driving a beater just to make the selfish girl happy is stupid.

[@MooMoo69556]

U sound like a broke person. Peasant can’t afford to buy his wife her dream car.

[@privacyplease1556]

Why would they buy a $50,000 car when they have basically no money saved?

[@TheDjcarter1966]

You heard them say they live frugally, $10k is there 3-6 months savings they are probably saving $5k/month extra into retirement.

[@robloxvids2233]

Because David Ramsey thinks you can spend 50% of your income on cars, which is insanity.

[@BrianErwin]

my understanding was that they have $700k in savings, and the house is worth $600k, but maybe i heard it wrong

[@GreenBeats11]

@@BrianErwin They fumbled the ball in not clarifying this. But it sounds like their net worth is

[@BrianErwin]

@@GreenBeats11 exactly, not great hosting. and if they only have $50k-$100k in retirement, buying $50k cars and $30k boats should be the last thing on their to do list

[@BREEZYM6015]

I have a 1979 El Camino that I inherited from my dad. I'm blessed.

[@Michaelalleman]

More of this please!! Pick a side needs it's own headlines

[@annetawney2408]

Just paid off the minivan last week. I don't even want to think about a new car.

[@racheln4309]

I just bought a “crappy” used minivan. Can’t believe how much I had to pay for it!

[@G_Money_]

I'm 33 and I have over $500k in my traditional Ira. And I drive a 2001 Honda civic 😅

[@KathleenMcNe]

I have a net worth of $13.5+ million and drive a 2014 Toyota FJ Cruiser.

[@stevegolacks8731]

I am 17 years old, and have 2.5 Billion after selling my startup. I drive a 1992 Chevy Corsica that burns more oil than gas. YOLO

[@sneakerfreak2002]

@@es2910 motor trend car of the year 1785

[@TanManFixes]

I'm 10 years old and have more money than Donald Fuck1ing Trump !

[@jimroscovius]

I agree. We have $30k in our emergency fund.

[@sarikagoode1505]

Wait what? The callers are 45 & 56 but there’s no retirement savings and only $10,000 in EF. And the hosts are saying they could buy two $50,000 cars 😮

[@Alex-mj5dv]

It’s because their house is paid for and no debt. They just have income coming in, and can still invest and set aside cash for these cars bought outright in the next 6-12 months.

[@Muggins1046]

She’s not talking about buying it new, she’s talking about waiting a couple of years until they start coming into the secondhand market. She said they can save $60k in 6 months. Why can’t they plan to save $60k over 2 years and then get the secondhand highlander and use the rest towards the boat? Both people are compromising and both are getting something they want then

[@emoney1231]

Maybe, but it might put the "wheels and motors" category over 50% of their income to have 3 vehicles and a boat.

[@concernedliberal4453]

Jade is my favorite Ramsey sidekick by far

[@hownowvihao]

If I understood correctly, their net worth is $700K and the house is $600K of that, so they only have $100K for retirement. They don't say how old they are and what percentage of their income they're investing into retirement, but I'd prioritize building up their nest egg even if $50K plus Joe's car is under half of their $150K annual income. If she's waiting two years to buy then maybe the Grand Highlander will have dropped into the $40K range and it's a compromise between what she wants and what Joe wants price-wise.

[@tristan2332]

Guy is 56 and 45 wife. Nice they are debt free...but definitely have a ways to go.

[@hownowvihao]

@@tristan2332 In that case they definitely need to prioritize retirement!

[@aolvaar8792]

@@hownowvihao My wife and I, had our Pensions and SSA start at 62, ~$80K/yr

[@theredsalmon612]

grand highlanders will never drop in price. its a toyota

[@tristan2332]

@theredsalmon612 They drop in value like any other car. Just a little slower.

[@tristan2332]

Disagree...I am with Joe get a nice 35k car and be content. Thank God my wife is a frugal. A spender spouse can really slow things down. Oh my ages 45 and 56...yea totally get the cheaper nice vehicle. Majority of networth is the house with only 100k for retirement...they are way behind.

[@joefunk76]

$50k for a car with $150k income, paid-for house, but basically no other money is a hard NO. Retirement these days costs WAY more than a house, and the market value of one’s primary residence cannot be realized at all unless one is willing to go back to renting. She should drive her 2007 MDX into the ground and save/invest the $50k. $150k HH income in 2024 is a subsistence living in most places, and Denver is a relatively expensive city.

[@bl8550]

Sorry, I strongly agree with Joe on this one. With a net worth = value of home + emergency funds, retirement contributions should be a better use of the extra $20k.

[@volvotwoseries3384]

Joe comes out with the Duramax sneak attack.... Right On man you know exactly what it is. Forget this modern garbage if you like trucks you're in the sweet spot with that 2004.

[@Poooridge123]

Why did they shovel so much cash to pay off the mortgage without contributing to retirement? How do you get to baby step 7 with that little cash and retirement? They don’t even have 6 months of income.

[@AnnaWitte-f8f]

yes dumb

[@robloxvids2233]

Bc they don't know what they are doing.

[@chrismitchell6478]

A fully funded emergency fund is 3 - 6 months of EXPENSES not income. They both agreed that they could save up the $60,000 in 6 months, meaning that their expenses are about 30k / year ($150,000 / year income and ability to save $120,0000 in a year = remaining expenses of $30,000 / year or $2500 / month).

[@Poooridge123]

You’re right and I made note of that in another comment. But as a homeowner having just 10k saved and low retirement (for their age) is a misstep. They missed out on atleast a decade of amazing compound growth.

[@BobbaFett312]

They have 700k networth in their 50s. This is low. Im 40 with 700k and i think im behind

[@aorg9793]

Net worth is a crap indicator. We all need a place to live and a vehicle to go places. How much liquid assets outside the house & car are the better indicators.

[@LegDayLas]

Behind is relative. Are you behind the average person? Far from it. Are you behind a financially savvy individual who plans to retire at a reasonable age where they can actually enjoy retirement? Maybe a little, not by much.

[@laundrygoddess4]

You're not behind. They are on target but their issue is most of their net worth is tied up in the house which isn't liquid.

[@FooFan-b3k]

I had a 2004 MDX that I sold with 288k miles on it that ran, drove and looked like new. I now have a 2011 RDX with 188k miles that runs,drives,looks new. I ain't selling this one. Acura suv's cannot be beat.

[@yossefworetaw2243]

This chanel really improved my life been a year i have quit using credit card and only things i need life never been less stressful. Having Less is Truly more. Less problem less stress

[@chasewrenn7109]

You’re on baby step 7, buy the car and live some. Pay it off quick and take that excess monthly income and plus up your retirement

[@mikesmith-wk7vy]

If she is complaining about little things not working try and buy a brand new over complicated luxury car just put on the market with 10 times more little things to break than her old car

[@arminsohrab5155]

Nope 3..2...1... Joe!!!

[@joshyoung]

Old boys still running the superior GMT800 Duramax!!! Respect!! Best trucks!

[@working_to_hunt]

No retirement and he is mid 50’s! They should have 7x annual income in retirement at that age. No $50k car!

[@Kevin-fn1rn]

Probably listened to ramseys shit advice of paying off house instead of investing

[@thelegendarywizard]

@@Kevin-fn1rn That's not Ramsey's advice. You should be investing 15% of your income while paying off your home

[@Kevin-fn1rn]

@@thelegendarywizard you should pay the min. As history shows, inflation increases the value of the mortgage. Ramsey has zero nuance, even if you have sub 3% 30 year he screams about it paying it off. Time is your best asset and it should be utilized wisely, investing close to 25% if not more in s&p.

[@Bethelgal42]

​@Kevin-fn1rn That's not Ramsey's advice. In his Baby Steps, Retirement is Step 4 and Paying off the House is Step 6. Steps 4, 5, and 6 are to be done simultaneously.

[@thedopplereffect00]

​​@@thelegendarywizard15% is not enough unless you want to keep working till you are 65 or 70 to retire

[@pj2264]

Just bought a used 2012 Toyota Camry for $8k, 116,400 miles. Seller listed for $11k, and I said from the start the most I could do is $8k. Thankful for a good deal, esp in this used car market.

[@strothermartin5368]

50,000.00 😮NUTS

[@misoudeweese7209]

The more bells and whistles in the vehicle, the more things can go wrong. I had a Limited edition SUV with leather seats, heated steering wheels, moon roof, parking sensors...the works. Paid cash for it and I was so proud of myself. But things started going wrong within a couple of months. After 12 months of repeated trips to the dealership for repairs, I traded it in for a less fancy model and have been much happier. Just sayin'....

[@davecopp9356]

I am on the same track. My vehicle has only the essentials.

[@aolvaar8792]

44 computers on board, considered "plastic parts", 3-year warranty, Bought insurance, 8 years total. Key insurance, the two keys harbor the password to the car. $800, when you buy the car to extract the password. Two keys are required, if you lose a key the password is gone. The password is needed to make your phone the "key". Keys stay in the safe. 10 Years/100K miles powertrain warranty, + Dealer maintenance for original purchaser

[@IJest]

They have everything paid off, they've driven old cars for years, they have a high income and take international vacations... I feel like when your partner has a specific, articulated goal/want, you both should work together to achieve it. If you don't work towards your goals, what are you working and sacrificing for? He admitted that he's currently driving his dream car. There is no reason to deny her.

[@Miggy2222]

100% of their net worth is tied up in their home?? Also only 10k emergency fund? (business account shouldn’t be a personal emergency account)

[@aolvaar8792]

In 2011, I bought a foreclosure for $50K, was $250K in 2006, Now $500K. In 2035, ~$1MM>>>> Net worth millionaire?

[@russ189]

In December of 2022 I was looking to upgrade my old truck for an SUV. I could have gotten a new one, but decided on a slightly used one. And am very happy with it. And saved around 20k in the process by buying used.

[@MrMustangrick]

Why don’t they have more money saved with their good income?

[@davidbrayshaw3529]

Kids, mortgage and lifestyle choices.

[@annetawney2408]

That's what I thought. Baby step 7 but only 100k in retirement and only 10k in the bank? I'd get another beater and dump into savings for a few years!

[@WoodsintheBurg94]

That’s too much money tied up in a vehicle, plus the increase in insurance and ad valorem tax.

[@camerondavison-kn3vx]

It's worth the money if she enjoys it. It's about enjoying life. The goal isn't to just build up a huge net worth, get old, die, and pass it down to your kids who will ultimately blow it. Enjoy your money. At least they aren't financing and paying interest like 95 percent of people buying nice cars.

[@WoodsintheBurg94]

Currently, they don’t have much saved for retirement. He’s in his 50’s and should be throwing half of his income in retirement. The house is almost all of their net worth. You can’t live on your house’s value and still live in it. You need cash in retirement. As someone who had to help parents on Social Security with a small pension, old age is expensive. You should be afraid of not having enough and your kids having to help you when you can no longer work.

[@PurpleNGold824]

I’m 35. Years have 175k invested. 10k emergency fund. Make 70k yr. Drive a 2006 Scion tC with 180,000 miles and the paint chipping off…😂

[@sprint7412]

I think they need more in checking and retirement. The man only has like ten to twenty years left of working and it's risky to run a small business. I once heard it's better to have an emergency fund that can last a year for small business owners. So if 10k is their 6 months emergency fund then they should at least double it before saving for the car and it won't take them long to do that.

[@billspaid9]

Toyota highlander and grand highlander now have 4 cylinder turbo motors instead of the long proven v6. For 15k less get a 2022 Highlander , it's a good looker without the turbo 4.

[@thedopplereffect00]

Thanks EPA 😡

[@blackworldtraveler3711]

Good enough for shopping.

[@Aki_Lesbrinco]

Why do people talk about 4 cyl. Turbo engines as if they were some sort of brand new exotic technology that no one can predict? 4 cyl. And turbos have existed forever now. They are pretty reliable. Especially Toyota ones.

[@billspaid9]

Scotty Kilmer also agreed in his latest video, called the 4 crap.

[@briankowald6465]

I agree on pickup truck beds. They are too short in these fancy 4 door pickups.

[@JasonGroom]

They are completely wrong here. Their income, and their financial decision is not in a place to spend 1/3 of their income on a vehicle.

[@Bethelgal42]

I want to side with the wife because they have been living so frugal and it's time to celebrate. I don't think they are ready though. They have less than a million dollar net worth, and most of that is in non liquid assets. She wants to spend $50,000, which is a huge portion of their world. They need their 6 month Emergency Fund first and separate.

[@phillipsouthard8285]

This is hard to pick without getting clarity on whether they have 700k in net worth (600k house + 100k retirement) or if they have a 600k house and 700k in retirement.

[@gregorypiano00]

Don’t get it. It has the 4 cylinder turbo. Better to get an older with a 6 cylinder engine.

[@blackworldtraveler3711]

You don’t need much power to carry groceries and whatnot.

[@ThePython5]

Scotty says no for the 2024 Grand Highlander that has a turbo engine

[@brendonpotts7961]

It cracks me up that people call and ask other people what they can do with their money 😂

[@phantomf41]

Yeah lol

[@user-pd1qc3yq8f]

Why do they need a large suv like that? Do they have kids or grandkids?

[@jasonrodgers9063]

They need all that space for the wife's ego.

[@zunedog31]

You don't need children to get a large SUV. SUVs make sense for most situations.

[@aolvaar8792]

Isn't it a Crossover now?

[@thedopplereffect00]

​@@zunedog31like the main situation of commuting 10,000 miles a year to work by yourself?

[@zunedog31]

@@thedopplereffect00 Yes

[@blackbirdrides3098]

When they say “half your annual income shouldn’t be tied up in things with wheels”, does that mean the then current value? Theoretically, as a vehicle depreciates, you can get a more expensive vehicle…finances depending?

[@ulf5738]

Where is Dave when you need him. This is madness!

[@camerondavison-kn3vx]

Spending your money on things that better your life is madness?

[@emoney1231]

@@camerondavison-kn3vx If they really only have $100k invested, then yes. Spending $50k on a car is madness. If they were saying they have $700k invested, plus a $600k house, then it's fine.

[@desimo147]

She is saying she wants to wait a couple of years and get a used Grand Highlander, which very well might be within their budget of $35,000 (or close).

[@gtileo]

Not sure what George is saying that they don't make HD pick ups with a 8' beds. They sure do 3/4 and up come in 8' bed option with the short beds at 6.5'. Even half ton trucks come in 8' bed, you just have to get a single cab truck.

[@AnnaWitte-f8f]

i have twice as much these people at 39 yr old and not buying a 50,000 dollar car. I have 600,000 equity 2 homes and prob over million in retirement these 2 in fancy world

[@19hundoc47]

Good for you, maybe you should rule the world

[@kvgolfa]

I like how they glazed over anything they have invested for retirement

[@desimo147]

I only caught this when I replayed the video. Starting at 1:27 they state their net worth is $600,000 for the house and then $700,000 in retirement. I totally missed that when I watched it originally.

[@markg999]

​@desimo147 700k...Total 600k of that is the house. Quite bad for mid 50s..

[@thedopplereffect00]

Buying a 50k car will set their retirement date back at least 6 months. Seems like a poor trade off

[@matthewwilliams9200]

They should be maxing out retirement except for events and expenses. Its ok to buy a really good used car.

[@fishroy1997]

They're way behind

[@CallumHutch1993]

These are brilliant please do more!

[@robloxvids2233]

How the BLEEP are they on BS7 with only $5,700 invested? Did they skip over step 4? We already know they skipped over 3 bc 10k is NOT 3 months' expenses for these 2 living in Denver. And making 150k/year they should be socking away 22,500 every YEAR in retirement minimum to even get past BS4. Did Jade and George miss this??

[@kurtjames9487]

I'm in the Centennial state. There's something in the water here in Colorado.

[@blurrble5]

I'm loving this new segment!

[@BernCer]

They told her several times, grand highlander, and then they go... "you just won a brand new.. toyota highlander" Some people just dont catch on quick.

[@GreenBeats11]

It's a little bit of a marketing problem for non-car people. Honestly they all need to train themselves in car knowledge. Not everyone understands that Grand Highlander is a totally separate model, not a different trim level. However I doubt she would really be happier with that model because it doesn't sound like they're constantly shipping around kids. She should just buy a used Highlander.

[@mathismindset3093]

Soo essentially they went with Joe? The problem was that the wife tried to switch the husbands words at the beginning by saying “My husband thinks I’m fine with the car I have.” Which was a lie, he never said that. He wants her to get a new car in the 35k range not 50k. Which is basically what Jade and George told her to do.

[@flea4061]

You can’t get that car used. It’s a brand new model.

[@bartek5078]

Listen again. She said she want to wait for a couple of years, save, and buy it used.

[@lrlforfun]

ME ????? Get the hoops fixed, detailed, do the maintenance, call it a day. IF....your "replacement car" fails or breaks you still gotta do the repairs.

[@jasonrodgers9063]

At 2:00- Jade has a couple of questions for the caller. She labels the questions "A" and "2"!!

[@AlHowell]

😂 It immediately reminded when Buzz did something like that in Home Alone

[@CitAllHearItAll]

What do they have saved for retirement?

[@beaniemac]

They sided with the wife. What a shocker.

[@adamseidel9780]

This was 100% certain as soon as they introduced themselves.

[@montymython754]

Your boo-hoo brown brown is showing

[@robloxvids2233]

That's way too much, woman. We're gonna be millionaires in a couple months and make over 200k and also on BS7 and I'm thinking of buying a used Highlander for around 30k (or Rav4 for 25) with cash that I already have. And I drive a 2005 car. Woman, you can't afford no 50k car. At all. You get to "live like no one else" when you EARNED it.

[@19hundoc47]

Hey clown, they said they can buy it in cash in a few months. You have no clue what you’re talking about

[@MannyPain]

Can't blame her that Grand Highlander is really nice.

[@asdfgoogle]

I have nearly half a million in liquid assets and my wife won't let me buy a $7000 Fiero. I've wanted one for like a decade now!

[@MrMustangrick]

Buy it like nobody else.

[@bl8550]

Well, there’s a quick fix for that. Just call in to the ‘pick a Side’ show and get approved to buy $50k worth of Fieros.

[@asdfgoogle]

@@bl8550 lmao. I had honestly thought about that.

[@francescoruffini4003]

Feeling bad after having spent 28k for a much better suv used (only car in the family) and NW roughly 5x this couple. No way spending 50k

[@KathleenMcNe]

"Car and Driver" rates the Grand Highlander the second best mid-sized 3-row SUV. You didn't specify which SUV you purchased.

[@lindawilson4625]

LOL! Joe was so sure you'd vote his way :-) Time to let her have her dream car, Joe. You do sound like a good guy and a good couple!

[@dillondittemore1102]

A Toyota grand highlander? No idea what that is but it sounds like it's cheap.

[@Skooozle]

Jennifer: We could have it saved up in 6 months. Joe: we could throw $5-6k at it a month. I figured out where his $30-35k figure came from. Save up for 10 months, your not planning to buy the car for another 24 months.

[@dnah02]

I'm saving up for the grand highlander as well. Good taste.

[@bonnie5596]

Like Dave always says, vehicles depreciate in value.

[@dr.tanakadune7726]

I like the pick a side episodes!

[@dryster123]

2007 Acura MDX at 200K still has 400k in it

[@chefjamesmacinnis]

Their income is 150k. Dave's rule is all things with motors should not be over half. So 75k is the max value of There cars. His work can is 20k so that leaves 50k. 25k each for a newer car. So the math answer should of been NO

[@weswest8666]

Mdx transmission don’t last half as long as the engine

[@gnes04]

So they can have 75k in total cars, the guy already has 2 cars, and they are telling the girl to get a 50k car? And they're telling the guy to get a new car as well? Nah something doesn't add up. I definitely would've voted for the 35k highlander, that's still plenty luxury. I think Dave would've agreed with me

[@SanDukey]

"i don't want something new, i just want something that just came out"

[@rooster5755]

lol,i think the idea of everything you own not being HALF of your annual income is insane......my family owns everything we have with a motor on it,SUV,TRUCK,CAR,DAUGHTERS CAR,BOAT,SXS,MOTORCYCLE,TRACTOR,LAWN MOWER, AND MY CLASSIC CAR.probably adds up to almost our total annual income but 3/4 of it for sure...we do fine..i should mention it guess that im a mechanic with my own shop also..nothing gets fixed by anyone but me..

[@dillonbooker7222]

Loved this video

[@mikeshaw4610]

No, there don’t have the money yet and don’t really need a new car yet. An Acura with 200,000 has plenty of miles, time left.

[@ricksanchezsflask8794]

What the Ramsey show doesn't realize is that a 2004 GMC pickup is a $30,000 truck in some places.

[@Thurgor_Supreme]

Of all the things I would blow $50 grand on... car isn't even on the list. I just don't understand why people give a crap about these hunks of metal

[@andybungert]

wait what? only 10k saved? did I miss another savings acct? how are they buying it?

[@damondiehl5637]

By saving from this point forward for a couple years.

[@gibblespascack1418]

If they can raise the money in 6 months, then just raise the money for the car. There is no reason to think hard about this. Raise the money, then after doing that put the excess money into a brokerage account and start building up some real assets beyond the house.

[@ssp287]

Broke for their age and considering no retirement.

[@XennialGuy]

They don't have the money to buy this car. They only have $10K in the bank, how is this okay? If they had $150K in the bank, different story. But they are practically broke and have no retirement.

[@jmanrock11]

Who has 150k sitting in a bank account? You're calling them broke when they're 600k house is paid off.

[@trezmen]

They are going to save for it over a year, dumbo

[@kineticgames293]

Not broke, but they definitely need to up that emergency fund.

[@jeckt5555]

I agree and think this got totally over looked. When they herd payed for home.

[@JoeySmith101]

They are planning on saving up $5k for at least 6 months to buy the car in a year or two. Watch the vid dummy

[@MrCoxmic]

A and 2, next we just need 3rd and IV

[@jaesall3519]

If everything is paid off, money in retirement and car won't be half of your annual income, why not spend it on something shining too tomorrow is not promise

[@tomaszstarzZz]

1 year old car gives you all the newest safety and tech but it’s 20-30% cheaper than a brand new car.

[@DDDD-of3hv]

OMG my clock doesnt work in the car.... need a new $200k car to replace it

[@19hundoc47]

You sound jealous😂😂

[@RichHarvin]

that 2004 gmc is gonna last til 400k miles tho

[@breckannielsen]

These people say they're on step 7 but only 10k in the emergency fund?

[@expensivefreedom]

Nope, no way. Terrible decision! Having no retirement investments at their age is a serious problem and it was never brought up at all. The $50k vehicle will have higher insurance costs and will just light a bigger pile of cash on fire than the $30k option. If anything they should buy her the $30k option and buy him a $20k truck upgrade. The hosts picked the fourth or fifth best option on the menu…

[@thetruth5635]

I have 2007 maxima with 200k miles on her

[@Britty0189]

How I see it, do you have a few kids? You don’t need a Highlander. Maybe the RAV4, but why do you need a three row when you don’t *need* it? It’s like when people insisting on moving into a five bedroom home but all their kids are grown? Why a five bedroom house? lol

[@Markrtsoon]

Did you ask how old they are? What about the retirement fund?

[@KirbiHolat]

I'm favoured, $24k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[@KirbiHolat]

Thanks to my co-worker(Wendy) who suggested mrs Elizabeth Ann Graney

[@StevenGatleySr]

Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

[@EmilyRodriguez-zn6xs]

Such a genuine personality!!, Sincerely speaking. I will continue to trade and stick to Elizabeth Ann daily signals and guides as long as it works well for me.

[@KirbiHolat]

I'll leave her info below this comment

[@KirbiHolat]

美国十𝟭𝟲𝟭𝟴𝟯𝟱𝟵𝟮𝟰𝟯𝟳👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️ 大家大家大家大家大家大家大家大家大家大家

[@jerrycanty1]

i buy new and keep the cars for 20 plus years

[@doomy_doomy2225]

Since she doesn’t want it, definitely should throw that money in a CD or something to get something back to mitigate the blow. Especially if they can do back to back 5% CDs on that $50000 she wants to spend on that car.

[@JH93688]

A Toyota Grand highlander is a completely different vehicle from a highlander

[@Queenie1925]

Battle of the judges!! lol