Should I Buy A $3,000 Car?

[@halvey8518]

2 jobs? Junior in Mechanical Engineering? Completely debt free? This guy's current situation is as rare as it comes.

[@halvey8518]

Then again if you're majoring in mechanical engineering as I hope to soon after the military, you should learn how to work on your car on your own. You save so much money.

[@BombBoy96]

@@halvey8518 Im not studying mechanical engineering, but I definitely plan to learn how to be able to work on a car on my own

[@ryandono5721]

I am in mechanical engineering, I'm also a junior. And i work on my car pretty much exclusively.

[@jpain97_]

How do you guys have time for homework?

[@ryandono5721]

@@jpain97_ i do not work on it everyday. I work on it every 3-4 months for oil (takes an hour or so) and then if something breaks i fix it myself unless it's ridiculously hard. (a month ago my crankshaft position sensor went out and I couldn't take apart my engine)

[@edgarjaimes1634]

I downgraded from a $30,000 car to a $2000 Toyota Corolla. I've had that Corolla for 1 year now and it still drives like a dream. I've only done basic maintenance to it. Really recommend it. Best thing is that I don't owe anything to anyone.

[@jhguuygbj]

what year is it?

[@rasheemthebestfirstone3274]

What year is it

[@trentc1098]

cool you went from a safer car to a less safer car to save money! structurally they are very poor tin cans

[@PublicNuisance2K24]

I have a Toyota Corolla and I must say, the vehicle is very good. Just the basic maintenance. If you’re looking to start building wealth, start with a Corolla!

[@edgarjaimes1634]

@@rasheemthebestfirstone3274 2006, I sold it to my sister this year and upgraded to a 2008 Lexus.

[@guitarjag1]

I'm almost 47 and that kid puts me to shame. Great job, man, keep it up!

[@animusanima3094]

Never to late to become better than yesterday self

[@davematt7]

Same here, lol

[@sdlock83]

He goes to a for-profit school. Plus Grand Canyon University's engineering program is NOT accredited by the Accreditation Board for Engineering and Technology (ABET). So don't give him too much credit lol! Engineering is highly competitive. The first thing employer wants to know if whether the newly-graduate applicant graduated from an ACCREDITED engineering program within a not-for-profit public RESEARCH university.

[@guitarjag1]

@@sdlock83 Everything you just said is very true but besides that he has a great financial head on his shoulders considering his age.

[@sdlock83]

@@guitarjag1 No, not that he's got a "great financial plan." The issue is most people in America are financially ignorant. My family is by no means wealthy. But none of us, including my cousins, most of us millennials, graduated college with debt. Why? Just common sense to us. We shop out choice of school based on reputation and price, meaning we choose only public research universities with the best rates and ACCREDITED programs--ABET for engineering, AACSB for business (ACBSP accreditation is NOT good enough for us), etc.. Second, we negotiate our aid packages for the lowest final price. We threaten not to enroll and go elsewhere if the school doesn't meet our tuition assistance "demands" (we make it very clear that the school needs the tuition from our enrollment more than we need them). Third, we all chose majors that makes us more employable when we graduate (engineering, accounting, business administration, computer science, etc.) and leave our area of interest to either a secondary major or a minor. None of us graduated with student loan debt, and we're able to purchase our first homes within 2 years after graduating.

[@thomassears4920]

"I was thinking Toyota" This guy listens to Scotty Kilmer

[@jairmartinez2246]

I was just thinking "hey guysss Chris Fix heree". 😂😂

[@TheLizardKing1967]

Smart man

[@HDmanzano1995]

93 Celica

[@kaosaeteurn4502]

BMW e39, except 540i, are reliable and easy to work on

[@sailortroon]

Thomas Sears scotty omg

[@InvestingHustler]

Worst feeling ever is buying a cheap car thinking you’re going to save money then having that car constantly break down on you. It might cost money up front but always have mechanic inspect a used car

[@sidharthchand8072]

Investing Hustler best advice ever I’ve been burned badly never again

[@pao8110]

SURE WILL

[@thisisnotok2100]

You're right, but thats still cheaper than depreciation

[@EveryStudent]

Peeeerrrrrrfect.

[@smithersrob]

no, the worst feeling is buying an expensive car because somebody has given you the misconception that expensive cars can't be lemons and then having it constantly break down on you and cost another fortune AND lose you a third one in depreciation.

[@lovefromdrey]

This guy sounds so smart and head strong.

[@ShadaeMastersAstrology]

LoveFromDrey Yeah girl he definitely has it going on!

[@jasperstojanovski5824]

He has a lot of experience in this field.

[@neilparmar5705]

I wish I was that smart when I was his age

[@bertnl530]

@@jasperstojanovski5824 Perhaps he witnessed others. Learn of other peoples mistakes.

[@macneoh7418]

He sounds like a poorly programmed robot.

[@TheSuganthM]

For a man who is worth $50Mn, Dave exhibits a lot of patience to consult with a young man on a car with a budget of $3000.

[@Livesinashack]

I thought that was his job?

[@notroll1279]

What do you suggest: putting up a sign "Only Wealthy Clients' Financial Worries Welcome"?

[@paulinekirkwood3423]

Dave wants this young man to stay on the path he is on. he is truely wise beyond hs years and handling money better than most people.

[@gavinhanson9213]

People with big money wouldn’t be calling him in the first place if they earned it then selves. They don’t need logical advise.

[@josargor8179]

i think he gets excited hearing about young men like him making the right decisions

[@Bee-uy2cn]

My first car was 3000$ second was 7000$. (One a jeep, one a toyota) Still have both. Still use both. Amazing cars. All of my friends have beautiful nice car ...debt, they make fun of my car and i make fun of their consumerism and debt.

[@Bookishwisdom786]

😂😂😂😂

[@iamkyleclimer]

How much should save up for my first? I got $800 so far…

[@jasonhowell8]

I wish I was as smart as this young man, at his age. I didn't really wake up until my early 30s.

[@93mlo]

Your not that old. It's good you woke up in your 30s then in your 40s or 50s

[@jasonhowell8]

@@93mloThanks, I appreciate your comment and sentiment. I'm actually 46 now, with a 420k+ net worth. Sometimes it hit hits me, if I had only been a bit more mature when I was younger, that I could easily be a millionaire by now and closer to retirement I owe much to Dave's teachings. About 14 years ago my net worth was a approximately negative 5 thousand.

[@blackbeltfinance4026]

Me too, I went all in at the start of my 30s

[@jasonhowell8]

@@MrGetYaAssIt's important to note that we can only start from where we are now. You guys are awesome! I'm honored to know you, and hope all your dreams come true! Keep striving, and know that most of your success will be due to your own effort!

[@TheSuganthM]

I am 40.Its too late anyway ;-)

[@Ericbryanmr]

Buy a corolla. Or any Toyota....

[@DisabilityExams]

Corolla - Toyota's cockroach of the road - nothing kills them.

[@jaya.0069]

Corolla rocks!! The last thing to die when the world ends will be an old Corolla!

[@sweetpotatox1007]

Honda too!

[@Silented1234]

I could not agree more, I own a Toyota Camry, but the Corolla is just bullet proof.

[@ohiojg1230]

04 4 runner 200k. still running great

[@RK831]

This guy doesn't need Dave. He's already in control of his money, and if he maintains the same attitude towards money, it will just be a matter of time until he becomes wealthy.

[@lmv2.787]

"Doesn't need Dave" even thought he said he has been listening to David and he is the reason his made some of the choices he did.

[@setevcorker9104]

8:32 "Unless he marries poorly." ---This is everything...

[@BriLoveMusic]

You only marry poorly if you date poorly. Standards are nice to have. 🙄

[@theflightclubworldwide9983]

Maaaan!

[@Mudoh415]

Bri Love Having standards can still get you caught up. You generally don’t date the person, but instead their representative.

[@MGTOWUNIVERSE]

@@Mudoh415 exactly, especially women that know you can upgrade their lives, best not to get married at all.

[@chevelle1]

Why people still insist on bringing the government into their marriages by getting a license is beyond me. Mixing love and commitment (covenant before God if you’re a believer) with a secular power that has no interest in those things, yet has the most power in that marriage, should make people at least pause and question the status quo. Just my .02

[@bluesky5384]

I didn't think it would be so satisfying to see someone decently financially responsible call in lol.

[@joshuawebb3337]

Young mans got hustle. Hes gonna do very well.

[@HHHPedigrees]

His hustle is the reason why he had to spend $2000 in repairs. Food delivery service is a ripoff and does nothing but destroys your car.

[@MiguelRPD]

My old 2003 Toyota Camry was $3,000. No issues minus replacing a radiator and 3 wheel bearings. Sold it for $1,500 after 5 years. Completely worth it.

[@majestix1230]

Where's scotty Kilmer😂😂

[@matthewholz]

Probably yelling while reving up his engine!!

[@majestix1230]

@@matthewholz 😆

[@Komputar]

Doing an ad for Toyota but pretending it's his KZbin video.

[@timbrewer1930]

@@matthewholz y'all are a mess lol

[@villyramos3114]

Rev up your reliable affordable engines!!!

[@chrisgirard8281]

3 years ago I bought an old Corolla with not many miles on it. I service it regularly, and it has never let me down. 2 months ago someone side swiped me in heavy traffic, and I had to get an estimate on the damage for insurance. Even though the damage was just cosmetic, it turned out to be worth more than the car itself, which was considered a write off. I was offered a cash settlement for the car or the ability to keep the car with a lesser settlement minus a salvage fee. I thought about all the things I've learned from Dave, and could hear him saying "be weird or be broke" in my head over and over. Instead of going out and buying another car, I hunted down a repair shop that would do the job for the amount I was being offered to keep the car. It was the weirdest thing I've done, but I'm sure I'll look back on this decision and be very proud of it someday.

[@fuckingallthesehoes3295]

That's awesome for you

[@johnlewis8934]

I think you can do that today honestly

[@StandYourGrounds]

I bought a 2002 toyota corolla for $600 instead of getting a lease which was my initial decision. I'm glad I didn't go with a lease. Saving tons of money every month. In addition corolla is 41 mpg.... cant beat that. Best commuter ever.

[@Dread_Pirate_Homesteader]

Where you get that

[@CaptainCocaine]

Makes $2k/mo making deliveries Wants to know if replacing an unreliable shitbox for around $3k is a good idea BRUH

[@PosterizingArtist27]

Sadpants McGee 😂😂😂😂

[@americanpatriot8426]

He isn’t too smart

[@ajk9420]

Doing deliveries is what's messing his car up. To make that much money you have to put lot of miles. Average pay is $1/mile so he puts 2k a month. Whatever car he gets it's going to be run to the ground with this road warrior mentality and this job is not sustainable for long because the payments start catching up to what you make. Yea the money might be good but you'll literally pay half of it just fixing your car

[@joecurran2811]

Especially if you can sell the current car you have.

[@monaestewart4591]

ha

[@billgateskilledmyuncle23]

This guy didn't even need to call him. "I'm debt free, learning how things work in school, and stressing over an old car." Just get an Accord for 5k and roll on.

[@2s_company_]

Everyone needs a little validation, sometimes.

[@GunSnob]

I bought a '98 cavalier with 90k miles and ice cold AC for $1,400.. still running strong today (2 years and 15k miles later).. Reliable car. Also debt free, and a home owner @ 27 years old. Phoenix AZ Represent!!!

[@ChrisInvests]

That's awesome! You must be on the path to creating extraordinary wealth!

[@GunSnob]

@@ChrisInvests I am definitely trying. I have a long ways to go!

[@GunSnob]

@@ChrisInvests by the way, thank you!!!

[@ChrisInvests]

Jonathan Brown You're welcome! I'm on a similar path as you. I just started my own channel on personal finance!!

[@GunSnob]

@@ChrisInvests got yourself a new subscriber!

[@fanmaxis3004]

When people ask me how in doing I tell them "better than i deserve" now after watching Dave Ramsey

[@dodgeplow]

This kid doesn't need to talk to Dave. He's made good decisions. This is just a pep talk for him :)

[@bertnl530]

Car trading is one of the most difficult things there is, for a private buyer or seller. For professionals it is different. They are your friend as soon as you pass the treshold.

[@23ofSeptember]

Better to drive a $3000 car, than a $40k car just because you get a "stipend".

[@704ab]

But if I buy the new 3500 crew cab dually, I get a $4000 rebate. WHAT A DEAL! And they are selling it at a loss ;)

[@moderndayentertainment5812]

Except insurance on older cars is higher

[@704ab]

@@moderndayentertainment5812 - in my state, liability insurance costs the same, whether the car costs $800, or $80,000. Obviously, you are not going to pay for comprehensive and collision on an $800 car.

[@sportsMike87]

not everybody wants to drive an ancient car

[@AnthonyVasquez17]

Unless you add back up camera. Thats lowers a bit ​@moderndayentertainment5812

[@thesophisticatedjellyfish]

What Dave was saying at the end is how I got my car! A daughter of a passed away grandma was selling a $3,500 car for $1,500. It was a 2005 ford focus with about 25k miles. Just fine condition. I bought it cash, currently have it up to 43k miles, andhave had absolutely zero problems with it. I had one light replaced for $12 and that's it lol.

[@BombBoy96]

thats amazing. How much are you paying for insurance on it?

[@thesophisticatedjellyfish]

$100/mo

[@richl1319]

Nathan Kestner me too, are you with Allstate?

[@lwilliams4198]

You can get over 200++ miles on that car. I have one.

[@richl1319]

lt Williams what about my 03 Ford Explorer? You think my car can reach that mileage ? I’m currently at 151,500 miles

[@NoeciRocha]

Oh boy u are doing a great job! Buy a Corolla will be with u for a long time without breaking, this is why u see a lot old folks driving Corolla

[@Samuelfish2k]

Noeci Rocha Yea and those old folks only drive to the supermarket & back. And maybe to play bingo on Tuesday nights... No wonder their Corollas never break down. Old folks don’t make deliveries or drive Uber all day or take kickass road trips...

[@willowandluka5302]

Samuelfish I drive a 1997 Toyota Camry and I drive it 30 miles a day and I regularly drive 400 miles there and back to visit my family. And I do all maintenance myself or with the help of my brother or father-in-law. It is an extremely reliable vehicle and I could only assume a Toyota Corolla would be the same story.

[@Shawn-ho6de]

This kid is killing it. Good job!! Mechanical Engineering is an extremely difficult major. I know from personal experience. Way to go! He has a bright future.

[@OrochiShaka]

Engineering major and working 2 jobs? This guy is really smart!

[@AVPVP]

At least I educated myself about money in my early 20s . how the money system works, debt based economy, people in big debt with mortgage, school, credit cards, cars, etc. Been debt free for years and always will be.

[@user-pq1cj3hy3q]

Engine, transmission, frame, and heating/AC. That’s the most important you gotta look for to get cheap car.

[@StephanieLeigh83]

Benjamin is going to be a very very wealthy man. He’s very smart with money and going into a career that has a lot of growth and pays well.

[@joshualaughlin2385]

Thanks for telling us! how would we know that without you!

[@IT-fj1nx]

Anything can happen.

[@frankish5314]

This kid is me back in 1985, except I fixed my own cars, never sent a car to a shop yet!.... You're right though, he will be wealthy..:)

[@learnteach2learn729]

@@joshualaughlin2385 lol

[@marywebb9127]

@BigLBA1 Just because your marriage failed doesn't mean all marriages are bad.

[@lizcedillo4602]

This guy is graduating this month. (Todays date is 5/19/20) Wonder if he got the car or what with covid maybe he took classes online or covid hurt him with no work for most.

[@artemijsstefanovs3465]

Liz Cedillo got the same question

[@thenman23]

probably cashing out on unemployment

[@lizcedillo4602]

@@thenman23 haha possibly. Dave has another video of that exact situation. Workers refused to go back to work! They're probably on the couch watching the traffic hour on tv says, "glad that isn't me."

[@littleheddie]

I work for GrubHub Corp. out drivers are making good money out of this situation. I’m sure he’s good.

[@FlaminHotChips]

He dropped out

[@Wat72-]

My first car, a 1999 corolla with about 50k miles has never in my family's ownership had to go to be fixed at all. That's about 6 years, only having done the basic oil change etc. It goes for around 1200$ and is the most worth the money vehicle I think I will ever be driving. No rust and drives great, surprisingly much space. I'm certainly recommending it for anyone looking for a cheap car.

[@23ofSeptember]

Shouldn't be too hard to find a dependable used car for 3k. Used cars these days, especially imports made after 1999, are way more dependable than used cars were say in the 1990s. Toyotas and Hondas are a good choice. I'd say a Corolla, Camry, Civic or an Accord would be a good choice.

[@Livesinashack]

I've been scouring Craigslist for this elusive $3,000 Corolla but I'm not having any luck

[@Livesinashack]

I would think modern used cars would be less reliable because of so many computers and increasing complexity.

[@EMichaelBall]

Some Accords and Civics, most notably after 2000, are surprisingly unreliable.

[@donnaharouff5085]

I had 2003 civic. It was the best! Someone hit me in 2015 and totalled it. I miss that paid for car.

[@NFSMAN50]

In my city i've found accords and camrys for a good deal around 3k, and older Nissan cars are great, and some GM and Ford's mostly their full size sedans, suvs and trucks are good

[@kylerider7125]

When my brother and his wife were just starting out in the military in 2005 they bought a 1996 Toyota Camry with around 150 thousand miles for 3500 dollars and drove that thing all over the United States for about three years And turned around and sold it for 3 thousand. The car only required tires and a one day inexpensive shop stay during that time. They got lucky lol. Most used cars would not work that well for that little bit of money

[@ThomasJames69420]

A Toyota will

[@animeman197]

He is a sharp guy for listening to Dave and taking action. More and more people need to do these types of things and succeed. Much respect to anyone who is on this journey of discipline, hard work, honesty, integrity, and perseverance.

[@natebostrom3137]

I bought an '04 Taurus for my kid. $3,250. Had only 38k miles on it. At an estate sale. Deal of the decade for me

[@JuanJimenez.]

you can easily flip that, but wow that’s a stupid crazy deal

[@nicojuro]

Paid 3400 for my Celica when I was 17, still driving it at 22 with no issues. Love it, can't go wrong with Toyota

[@TheBiscuitFactory]

Nifty still have my 03 Honda Accord.

[@ChrisInvests]

This college kid at least has some sense!!

[@biskitbunch2553]

Jacob Votava he says his senior year should cost $4500. He could possibly have scholarships or his parents might be helping him.

[@orangeboy97]

@Jacob Votava uhhhhh he could easily have scholarships

[@leocardenas5728]

@Jacob Votava it's called Financial Aid Buddy

[@jasonsharpbucks]

Mechanical engineering and can't work on his own car?

[@michaeldalton8374]

If he had sense, he never would’ve purchased a Mitsubishi. Ever. For any price.

[@Claire-oq7ut]

He should be graduating soon! Hope he’s doing well.

[@joshuamclean4588]

The way he’s talking about this 21 year old makes this 20 year old VERY happy about the way i’m headed! 😀

[@jeffjackson9679]

The caller points out the issues (which Dave often ignores) about buying too cheap of a used car clunker) in one year you dropped $1400 plus $2000 in repairs...so you are paying about $300 a month for a POS and the headache of it breaking down on you constantly. If you can afford it, buy something a few years old with under 30k miles on it. Should still have a few years of factory warranty on it, and will be, depending on the vehicle, about 30-40% less than what the original MSRP is. Not cheap, but at least you will have piece of mind and not having the headache of constantly taking it to the shop, and then constantly explaining to your boss why you will be late for work.

[@ThisIsDavesGarage]

Toyotas are worth the price even if it's a gently used low mileage. Reliable and you can keep those running for decades.

[@teev7]

Know what you mean...my mom has a 95 Corolla with well over 400k miles and still running strong. People ask her all the time if she is planning on selling her car, and she tells them, “No way!” 😆

[@martinquintanilla7355]

Galants are trash anyway. Toyota or Honda my guy. For 5k you can find something good. Thats what i been doing since ever. Buy and resale every few years to upgrade. Keep the maintenance receipts and you'll get top dollar every time you sale to move up. And like wise whenever your on to your next purchase, ask for maintenance records and such. Good luck.

[@AutoXela]

I spent 2,500 on my 1998 Toyota Camry about a year and a half ago. The only thing I have had to do to it was put on some new brakes and buy about 50 of interior parts. I have since then put about 15,000 miles on it. The point is... buy a Toyota

[@westoncaldwell4155]

Xela yeah i bought a 99 camry with 140k miles for 2700 and its never gonna die

[@trut52]

Bought a $2000 Toyota and couldn't be happier with it. Starts every morning like a charm. I literally just had to put gas in it and change the oil veery once in a while. Love it.

[@mph5896]

Caller is delivering food with his car. He will be dumping money into repairs in any cheap car he drives. There is no way around that.

[@GEAUXFRUGAL]

admittedly I didn't listen to the entire broadcast I'm just going through the comments thank you for highlighting that if he's using his car for delivery then he needs to go with a hybrid that's all there is to it he's putting in the miles they are selling Toyota Prius all day long too and $3,000 you might have to do a little work with the battery if you got 6,000 you can probably get a generation 3 car easy and we're talkin flawless we're talkin automobiles with hardly anything wrong with them maybe a small door ding or something like that we're talking cars that have good air conditioning and heater decent stereos and it just don't break down you talk to the number two most reliable automobile the only reason it's number 2 is because the number one most reliable automobile that happens to have the same engine is not a hybrid. Hybrids do have a slighter reliability risk but oddly enough with a hybrid the more you drive it the better it helps out that system so if you're delivering pizza or something like that and you really want to have a hybrid.

[@hbarudi]

@@GEAUXFRUGAL Good to see possible to get used hybrid at affordable prices too.

[@mph5896]

@@GEAUXFRUGAL Prius is a great car, BUT on a $3500-4500 budget he is looking at an older model in the 2004-2008 range. The risk of a $3k battery failure would be to risky. I would stick to a small to mid sized 4 cylinder car. Maybe a Corolla, Civic, Accord, Camry, 2008-11 Focus.

[@dawnyoung9896]

I've had several old cheap cars that I had to commute in that didn't give me too much grief. I saved tons on insurance, and interest and payments. I'm very successful now---it really does work.

[@687805]

This guy is impressive, should feel some pride in the choices he's made and things he's done! And yes, despite common asking prices from dealerships there are good, affordable, used cars out there... if you're not out to impress people at stoplights. My first car I bought for myself- in 2004 was a '78 Bonneville with a bad transmission for $600. Replaced the transmission myself for $150 and it was clean! Loved that thing. Sold it for three times what I paid a couple years later.

[@sharmeenmoona2886]

being a mechanical engineer recent grad, I can say this guy has his life well planned in every way. Great job stranger.

[@regul8or71]

I’m 36-years-old and I’m living proof that you can lead a horse to water but can’t make it drink - I chose not to drink the water when I was younger, and this has come back to bite me in many ways. This kid has chosen to take the drink - The drink that will likely alter the rest of his life (especially if he keeps drinking). Props!

[@drof2th]

I saved $12,000 in the 70's while in school to become a Meteorologist and now have 5 houses paid off and zero debt! This guy could be Dave's or my son!!!

[@marioc7704]

I’m sure u do

[@jamestuck90]

N you comment on KZbin videos

[@jeremy3106]

Did you end up sticking with meteorology? I'm currently working towards this career, nice to see someone who did the same! :)

[@benanderson4639]

Knowing how to work on cars as a young person can save you so much money. My brother has a Ford ranger that breaks down once a month, but he's never had it in the shop. Even for repairs that take 30+ hr to complete

[@MiMiOrt]

I have a 2007 Mitsubishi Galant and let me tell you I have had that car for 6 years . It has 263,000 miles and its still going. I check everything monthly , almost every 3 months I chang the oil . This car has been my life saver and I haven't wasted a lot of money .

[@pao8110]

MeMe O. NICE

[@ivankulya8291]

I got a 2006 corolla, 126k miles. Bought it for 2,000 dollars, excellent mechanical condition. No repairs needed for the past year. GET A COROLLA

[@moriahjohnthejohnsons718]

This kid made me so happy. I am sure he had parents so struggled and he had to learn the hard way.

Smart kid. Good call!

[@EdUrichPanFlute]

Too bad I didn't find this channel long time ago I'm new here and I'm learning a lot thanks Dave

[@Txcowboy80]

Bought a 6k civic with 81k miles on it, 98k now, best decision in my life after getting rid of stupid truck payments.

[@miketucker3571]

My hooptie: I have a 2001 Toyota Echo that I refuse to sell. It always starts and gets great gas mileage. I am 60 years old. My Dave's car is a 2007 Dodge Ram 2500 4 wheel drive, diesel. My wife's Dave's car is a 2011 Toyota 4runner. All debt free.

[@iviaverick52]

yes you should. Worst car decision I ever made was to finance a $10k sedan. Best decision I ever made was to sell it 5 years later for $3500 and turn around to buy a pickup truck for the exact same price. Love that truck, and owning it outright is a great feeling.

[@lancercool1992]

95 Civic for $1500, standard transmission, Hondas run forever.

[@jutde]

If I were in Arizona, I'd be looking for something older than 1985 that doesn't have anything electrical to break except the radio. Fix anything on that vehicle in 15 minutes at any AutoZone or O'Reilly in the country.

[@wkdravenna]

It's so weird I bought a Mitsubishi Galant V6 for $1,800 it had tree damage as in a tree dented the roof and couldn't open the sun roof. Man I drove that thing for 3 years all over from Midwest to NYC to the Carolinas and back. I was truly sad when I had to finally decide to let it go. I put 200k of my own miles on it. Had only minor normal issues. It was my favorite car just due to the price.

[@ngregerman]

Great video. So much wisdom and grace from this guy and so kind. We need that in the world right now and always

[@salvatorepuccini4261]

I actually learned something on this. He always talks about you buying used but he expanded upon it to include easy to work on

[@michael567jober]

Toyota parts are expensive from what i heard. I advice Honda Accord for a small budget. Just make sure you get it inspected by a professional cause they're known for transmission and AC issues. Anytime u guy a cheap old car, you're gonna need to put in work for repairs but make sure you keep up with service too like oil change etc. Always have money set aside when purchasing an old cheap car

[@tannergreenwald9497]

This has to be one of Dave's best show.

[@facortez]

I’m at the Honda shop now with my 11 year old Odyssey with 150,000 miles and plan to drive it another 50,000. She gets the job done. Buy a good car, with a good service record and single owner if possible. You can still find good deals out there.

[@leocardenas5728]

I'm 20, debt free also, Graduate 2021, Studying Administration of Justice /Accounting, going into Law Enforcement. This helped very much me and a newer Thanks Dave!

[@neoncity1557]

Leo Cardenas good to see so many fellow 20ish year olds here

[@williamsims9680]

I'm doing this. I financed a car where the engine blew out and I owe alot on it. I'm getting a hoopty and I am grateful!!!!

[@delicatessen5670]

"That depends. Does it run on beans and rice?"

[@trainman665]

Still rocking my first car nine years after getting it. Will pass 200k miles in the next few months. Paid £2500 for it and it’s been completely reliable and economical (70mpg), to the point were I’ve looked at buying something new and there’s nothing to be gained.

[@iamkyleclimer]

What car did you buy?

[@krogdog]

As a fellow Grubhub driver, $2000/mo is doing a LOT of driving. This guy must work very long hours If he does this in conjunction with another job and a full-time course load.

[@musclenpips_8486]

You can make that working weekends bro of course depending on location

[@krogdog]

@@musclenpips_8486 $2000/mo only on weekends calculates to $250 each Saturday/Sunday which is $20/hr working 12 hrs each of those days year round. Idk about you but I would get burned out on that side hustle schedule very quickly 🤮🥵

[@dynodin81]

No KZbin Dave back in the day unless you had someone who knew about him. Glad he's reaching out to a lot more people with this platform - especially younger people - since they are pretty born with social media.

[@dynodin81]

Also this would be a great platform to have at schools = money smarts. Not everyone is lucky to have that education at home.

[@starlitopensky1]

One problem, hopefully he doesn't have: Just because a person gets a degree in mechanical engineering doesn't mean a job has been created for him. At least he won't have debt unlike a lot of engineers who had found jobs in engineering.

[@Mandan...77t]

Good man, love the way how patient with him and eager just to give wisdom. I don't know him but I hope him best of luck

[@jacobking4106]

Big quality jump in from 3 to 4 thousand. Look for low miles Toyotas. Simple as that. No chevy or ford cars and I'm a chevy guy

[@1439smoke]

I've purchased vehicles from auctions for great deals. Just bought a 2017 Hyundai Elantra SEL with 30k miles for $5,087 out the door with fees just needed a front bumper cover, driver airbag and front seatbelts that locked up during a very small minor front end collision. Cost me in airbag, seatbelts and airbag module $600 in parts and was able to ziptie my front bumper for now, no fender damage, hood damage nor frame damage litterally just front bumper/grille. Vehicle came with window sticker msrp in glovebox with a couple dealer add ons was $23k just 2 years ago and im under $6k into it and have a very nice reliable car for many many years so don't overlook unconventional places like auctions

[@sethbingo]

*"Rev up your engines!"*

[@elindigeno1215]

I bought a 1992 Chevy 1500 for 500, and now I'm working on it. I can't wait for it to be ready. It runs well, it just needs registration, and tires. Some people called me "stupid" I said, " wait until it runs everyone will call me to borrow it." This college student put me to shame. 🙂

[@kcroeder]

Buy a Honda Civic or Toyota Corolla. Don’t be stupid!!!!

[@stevemorelli1451]

KC Roeder... those are some of the worst cars to buy they might be somewhat reliable but the parts are very expensive for them not to mention your insurance

[@BlueBalloon97]

@@stevemorelli1451 Hondas and toyotas are actually known to be one of the cheapest to maintain.

[@BlueBalloon97]

Definitely honda civic. I can confirm

[@gabrielc2125]

Steve Morelli , this is false

[@rickdesertfox]

@@stevemorelli1451 Honda is up there in quality and Toyota is at the top. Regarding ease to work on, depends on what exactly you're working on, it's about average to easy.

[@Alaska-bi2nm]

Bought a 2000 dollar car. Worn down. In a little rough shape. I learned to fix it myself, in the end it costed with the purchase 3000 all together. Better vehicle than my coworker's 70.000 dollar truck. It started up after not being plugged in at 40 below. It has had 70.000 great miles put on it since I bought it, bringing it to a grand total of 200.000 miles. The thing still runs great. I love that machine and will probably run it down the AlCan next year. Oh, the best part is.... 40+ mpg.

[@migueldecarvalho8012]

"Unless he marries poorly." Ahahahahahah!

[@einzgeisha]

this was a great listen for me! the kid and then compared to my husband up in his 40s...with severe debt, no jobs, and huge huge huge wants his whole life...bringing us nowhere.

[@jeffjackson9679]

Sounds like you need a divorce like yesterday.

[@RS-xq4hf]

This kid is killing it. Good job Benjamin. Congrats on your graduation!

[@jbone79]

One important variable about this story is the timing of this young mans ambition and his access to this type of info. Like he said he grew up listening to Dave. I'm 39 and have been listening to Dave for the past couple years and have learned so much. Wishing I had You tube and immediate access to this very important message at 18 rather then a Walkman with cassette tape. The way we can access this information today is huge. Not taking away from this young man who is in fact a rockstar, but we cant ignore the statement from Dave sayin he is kicking our 42 year old butts.

[@mrdigital30000]

Dave told him he would be making big bucks immediately after college. Not knowing what would be going on may of 2020

[@livefromdagarage]

I mainly buy Rtitle cars. Depreciation on them is so radical you could get a BMW with about 40k to 60k miles for like $6k to 9k. I bought a 2009 Chrysler 300 RTitle with 77k miles for $4k. Great car has black leather interior and a 3.5L engine and reliable. I've had the car 3 years now and have put in about $2000 in parts and labor all throughout. Car is about to hit 100k miles might put it up for sale for $3k and get me an upgrade.

[@nelbmahs]

$4,500 a year for college including housing? Where is this?

[@thomassears4920]

He probably got good scholarships

[@saraashkir5793]

Yeah he said in another college that he got 11,000 in scholarships and 6000 in FAFSA

[@paytonmassey27]

Gcu

[@theragingcreeper9040]

Wittenberg university

[@2LitProduction]

Icdc college

[@PartScavenger]

Dave is so right. I never liked Ford's and never intended to buy one, but my wife had a Ford Taurus when we got married. It was easy to work on and there were hundreds of them in the junkyard. Parts from the junkyard are stupid cheap. Even though it broke a lot we saved so much money keeping that car, and I learned that I enjoy working on cars. You can make a lot of fun money working on friend's cars on the weekend.

[@PartScavenger]

Oh and this kid is a total rock star

[@flipvdfluitketel867]

In 10 years time he is sitting in his modern soulless car thinking back of ol' Pockmark and how much he misses that car. Enjoy the lack of luxury in your younger years so that you can appreciate luxury more when you can finally afford it

[@JonathanTamm]

The Honda or Toyota will cost 1/2 as much in fuel than the US land yachts have 1/2 the oil and spark plugs with cheaper tires and be quicker to park handy as a delivery driver.

[@joelyebb1299]

You’d be surprised how many nice cars you can find for 3000 if you just look

[@roxannescott6956]

Really what state because not in NYC state

[@davem4193]

So true. I bought an 05 Grand Marquis with 45K miles for $4000 from an older woman. It now has 61K miles on it and I haven't had to do a single repair on it yet, just oil changes. It averages 26 mpg which is pretty good for a full size car with a V8. The woman even threw in a set of 4 snow tires that only had one season on them. I love not having car payments!

[@coldpatch124]

Yes this is true I have a eclipse 01 over 100k miles no problems what so ever.

[@andreblackaller3560]

Dave M Do you really get 26 mpg? Because if you do I’m getting one too.

[@SorenHigh]

roxanne scott I have found a ton of nice ones in the Buffalo area.

[@greensnmachines]

Dave's advice at the end is how I got my Crown Vic. A bit beat up, but the previous owner took great care of it. Plus it's fun to take photos of.

[@ThisBerg]

It’s July 2020, I hope he’s doing well now

[@jasonwilkins1969]

I was just thinking that room. So much has changed

[@michaelwalsh90]

What a guy! I found a major in mechanical engineering hard enough with only summer jobs. Well done Ben. Bossed it

[@wanyinavybes421]

This guy is smart and I wish him a bright future ahead. Word of advice, love is no longer blind, choose your bride wisely when time comes😊. I would have given him my Mazda hoopty💕💕

[@newtonraymond77]

People rag on Mercedes but you have to know which one to buy. Mine has 214000 miles on the original engine and transmission and I've spent less than a grand on it since I bought it, it drives from NJ to NY and back 7 days a week most weeks. My other one has 151000 miles and I've only spent about $300 on it. it's all about choosing the right one plus I do everything myself thanks to KZbin

[@willsommervil6141]

I'm extremely happy for this dude!

[@brettconv83]

I have a 1998 Toyota Camry for my daily and it’s one of the greatest cars they ever made that year. Super reliable and sturdy, great mpg. It’s not the coolest car but it drives nice, has cold AC and good heat. All power locks and windows. And you can always turn around and sell this generation Camry for whatever you bought it for.