$80,000 In CAR DEBT!

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[@Jancan20]

I just paid off my car last month, never going on payments again

[@kylemcpherson7183]

ever!

[@Alumnikiid]

Honestly, cars spend most of their lifetime parked at work, home and grocery store. Spending $40k on that commute is unbelievable.

[@CarlosFlores-xf2sn]

Alumnikiid over here in the Bay I see people driving Teslas, S Class, Escalades etc. I would think they pay those cars in full since they’re so expensive

[@ivarlosna6516]

@@CarlosFlores-xf2sn I know plenty of people who drive Teslas and none of them paid cash.

[@TylerL2023]

I’m a graduate now after college and still driving my trusty student corolla. People around me buying brand new cars on payments.

[@kdash3215]

I've noticed these people with higher incomes do stupid on a higher level. Glad I found Dave when I did.

[@blakeb4583]

Alucard exactly the reason why a majority of professional athletes go broke 2-3 years after they leave their sport

[@BK-se6yh]

They can “afford” to be stupid at a higher level

[@blakeb4583]

Berkel King true, they might have nicer things but they’re still more cash poor than the majority of Americans

[@aguyandhiscomputer]

Rich people simply have more opportunities to be dumb with money.

[@aguyandhiscomputer]

@Carol Howard Can only imagine how much all the payments add up to. The line of credit is definitely dumb due to the interest on it. Be better to put some on a 0% credit card for a year and pay it down.

[@CatLady110]

Folks keep in mind that laughter is a natural response to embarrassment or nervousness...I doubt she thinks her situation is funny

[@michaelmarquez6133]

You knew how I was feeling haha

[@S4h4r4s]

Well said thank you 🙏

[@aquilesriffo]

In her case is shame

[@AngieMusicArt]

Absolutely! And she’s right about saying it out loud it’s hard to hear.

[@thelegendkillersshittyduff1335]

@@morningwood1787 she's white bro

[@tendrams]

Nothing like dropping $80K into a depreciating asset. LOL!

[@Doors067]

I feel bad about paying 7k for mine lol

[@glowblank17]

J S Depreciating liability.*

[@johnnyayala8438]

Liability***

[@Yazzaroo22]

@@johnnyayala8438 the car itself is the depreciating asset, the debt is the liability. If that wasn't there they would own the car outright and it would still be a depreciating asset.

[@johnnyayala8438]

@@Yazzaroo22 a "depreciating asset" is a liability. You can't call something an asset that isn't producing value on top of your original investment.

[@InvestingHustler]

I’m sure 90% of the viewers can read the title and already know the solution , sell the car ! Why can’t the callers figure that out 🤔

[@JAFFER3657]

Viewers don't have any emotional attachment to those cars that's why it is easy for us but hard for them to think like that. I agree that they should get rid of those cars asap or keep doing what they have been doing to face some more problems in future.

[@tambristola8098]

It's becoming a song, but some people still don't get it

[@jezzermeii]

I believe they 100% know the answer themselves already, but they want Dave to tell them otherwise. They want someone with authority to give them another solution that isn't the one they have already come up with, that they have to part with their pride and joy. Unfortunately, the hardest decisions in life are often the right ones. Hopefully this caller learns from her mistake.

[@MiguelRPD]

Because she already invested some money into it so she feels the need to keep it. It's so the money she's spent doesn't go to waste. That's her rational.

[@classicrocklover5615]

But...but...but they DESERVE it...

[@Iloveak123]

It's not math problems they are facing, it's a simple behavioral problem.

[@jeffacosta1427]

I was about to take out a $12k loan for a car, but after watching dave’s videos i changed my mind and bought a $2k car with cash instead.

[@JK20239]

This is the callers fault. 80k in car debt. Settle with a corolla and not that Benz..

[@DisabilityExams]

Corolla/Camry = the official cars of people who want to build wealth.

[@armandol1826]

Not necessarily, it's more of a keep em under 10% of your income type of thing and ride em till they fall apart

[@patty109109]

Yep, too expensive. Most people with a truck or SUV aren't towing jack. I swallowed my pride years ago and drive a minivan.

[@JK20239]

@Brian Waller that's due to inflation, not consumerism. You can choose not to buy Mercedes and stick with a toyota. Its like people could stick with a Chevy suburban but slap a Cadillac logo on it and its 100k...insane.

[@JK20239]

@Brian Waller yup. Lol

[@raymondsmith6315]

It's crazy how your perspective changes when you've done the baby steps. I used to see fancy cars in my modest neighborhood and think to myself "how are they driving that? They must be doing well." Now I see those cars and think "man, they must love being in debt and having that $500/ month payment" ,lol. I take that $500/ month and invest it. Along with another $1,000 / month. Life is not that difficult when you make good decisions.

[@TeKnoVKNG23]

There's no need to judge, they could also have those cars paid for, you never know. No sense in judging someone else.

[@urIIez]

@@TeKnoVKNG23 7/10 Americans living paycheck to paycheck. So yeah. Pretty sure they are not payed out. It have to be a 5-7 year old model for it to be payed off. I approve his judgment

[@jamesbehncke3744]

What's your income?

[@4knewt505]

I got in a wreck last year. I had a beautiful apple green charger. paid off. what did I replace it with? an older paid off charger. it's gray. it drives. i'm happy

[@Elena-er7zp]

4Knewt and smart

[@cbilljones]

I heard somewhere that you can paint cars :)

[@stereomaster4231]

But it's an FCA scooter

[@cgasucks]

Smart Gal you are...

[@jeffreychavey4161]

Nice cars

[@eubankles]

"Oh my Lord...y'all lost your minds, didn't you?" LOLOL

[@wrongtarget5523]

settlement this, settlement that. Looks like ol' Jill here loves to sue anything that moves.

[@hurt1704]

Exactly. Sounds like I need to sue for every little fender bender I get in

[@mariettadashcam6857]

Was going to say it sounds more like insurance scam to me

[@channell11]

Explains her situation-when you don't earn your money you don't value it as much.

[@lavenderkisses9461]

Settlement is not due to suing, that’s just the term when insurance pays you in these situations.

[@michaelkranyak4525]

I have 12 more payments on my Benz I will never purchase an expensive auto ever, ever , ever.

[@webfreakz]

how's the Benz after 8 months?

[@joshuasir_prodijay4540]

Did you buy the Benz to keep up with the Joneses or impress other people or did you actually do research and found it to be the best vehicle you can buy for the money?

[@cle569]

@@joshuasir_prodijay4540 lol

[@ariv8585]

Is the car paid?

[@hmmichael438]

Dumbest decision I ever made was buying a new car three years ago at age 27. Next month it is getting paid off 2 years early. Cannot wait to escape.

[@johndoe-wv3nu]

Three years ago I bought a 2000 Nissan Pathfinder. I've changed the oil. It cost me $3,500. 83K MI. This is the type of person that laughs at my vehicle. 😘

[@johndoe-wv3nu]

Oh yea, I own my home and two cars mortgage free and loan free. No credit card debt. One 0% $1,600 loan/$40 per month payment. Who's laughing?

[@aes-256e]

Maybe I read wrong, but it cost you $3'500 to change oil? That's $25 in a local garage!

[@johndoe-wv3nu]

@@aes-256e you deserve to laugh at me. 😝 I paid $3,500 for the vehicle, not $3'500.

[@MentorShelly]

That's a good price for a Pathfinder

[@jaredtippets6255]

You got that pathfinder for a steal

[@SoCalFreelance]

CNBC reports the average car payment is now a record $523/per month! Insane!

[@TheTechkid1994]

Haha mines 746 a month. But i pay 800 lol

[@appleiphone69]

And that is why 1 in 3 American adults have 5k or less in retirement savings.

[@fisephalnoxt]

What car is that??

[@smokeya2]

If you adjust for inflation that’s not very high, average house price in the USA is 300k.

[@90kevin20]

My truck is 680 a month

[@johnclamshellsp1969]

I'm 52yo and have never spent more than $14,000 on any car. I pay for them in cash. Its just a car, my God.

[@user-fi2fk2ei7o]

people want to impress other people with car even know it just impress for a few seconds

[@entreptiles]

Everybody has something they value more than others. It ranges from cars, to kids to vacations. I'm a sports car guy myself. But I have no kids or plans to have any. So I don't need the biggest house. That way I can trade percentages on why matters most to me.

[@Doors067]

@@user-fi2fk2ei7o some research has shown nearly 70% of woman judge men based on the car they drive, read the article a while back, seems realistic so it makes sense from that perspective; however, logo and color is more important like a 10k gorgeous 05' cadilac is better then sone 25k hipster toaster or whatever

[@zipporaabram1365]

Doors067 try to impress the 30% by being a good person, sensible, with high moral values instead of an expensive car you can’t afford.

[@yophilli]

John Clamshell SP s some people are car guys

[@golflover2151]

she sounds "sue" happy. Some people will sue whenever they can. I always question their character when I hear that.

[@kayw1771]

jennifer eeehh....I was in the same situation. I’m on my third car in 6 years. First two got totaled due to the other driver. If the at fault person has insurance and you report the incident to yours, you’re entitled to compensation. It’s not a matter of being sue happy, it’s just literally how insurance works in the unfortunate event you have multiple accidents caused by other people. People swear they own the road. Shoot I almost got my new car hit the other day by some nut job speeding across a Target parking lot. Sorry for my rant I’m just throwing it out there that everything isn’t an attempt to scam your way to the bank. I would be VERY irritated if someone made that assumption about me given the fact I could’ve lost my life with my first accident and me loving my second car so much only to have that one taken from me too.

[@RelaxAndSmokeMeth]

You look like a Sue.

[@staceystrukel1917]

Probably also needs to learn defensive driving.

[@lukem9246]

If they hurt you or even if they we’re driving like jerks I think they should compensate dearly

[@markbrown7727]

Using medical settlements to buy cars ...

[@letsgobrandon911]

She reminds me of so many people. I see them everywhere in their brand new $80,000 cars, I have seen so many people in their early 20s driving luxury cars. Its all for image and they are up to their eyes in debt. Good luck paying that $hit off.

[@RelaxAndSmokeMeth]

Too many.

[@melissa4896]

Yeah the bank account tells the true story.

[@jawwadmehmood9944]

I paid my car off over 5 years. My first car from a dealership. I will think twice for making any financial decision. Thank you sir for all your teachings.

[@bigrod1674]

Nice job.

[@ryanmcmurray9881]

3:43 Dave having an aneurysm over this craziness he’s hearing.

[@blackericdenice]

Maybe take 2 defensive driving classes.

[@pep590]

Yes as I wonder if accidents don't follow them wherever they go.

[@beepersify]

I know right

[@SquatchNomad]

Just bought my wife an 05 Sequoia Limited (in blue book range). 1 owner, 150k miles - Leather is in great shape! Heck the car looks almost new. Most importantly its paid off and no debt. We can use this as the family truckster for another 10 years!

[@Karl_95]

Smart

[@Pureexhiliration]

I am not loaded at all, but every time I watch these video's I feel so incredibly good about my financial situation. Who here comes just for that? :D

[@Karl_95]

Me.its like therapy.

[@Elena-er7zp]

She can't stop the nervous laughter.

[@frankish5314]

I've never had a car payment in my life.. I can't believe people do this to themselves!

[@rebeccawcleung]

This lady treats car settlement like her payday!! god.. we all have to drive more carefully to avoid ppl like her...

[@RoastBeefSandwich]

people like that are the reason car insurance rates are through the roof.

[@tanksherman9875]

I have $3k left to pay on my $30k Tacoma. It was so dumb when I bought it but now that it’s almost paid off it’s a good feeling. It’s only got 50k miles on it. I’ll have it forever.

[@alexg8460]

Like my old landlord use to repeat to me constantly ," doesnt matter how much you make but how much you get to keep".

[@MetroidMan90]

I bought a 3,000 dollar car ten years ago, it's never broken down, it looks fine and it gets me where I need to go. Why do people feel the need to waste money on cars? I feel sorry for them, they need material goods to be happy.

[@selflove428]

Exactly

[@happytappyslappy]

You’re a smart man, Biggles 👍🏼

[@Kosherstyles24]

I just bought a 2002 Toyota Camry with 220k miles and inside looks new for $4k, drives great, just has a rattling noise

[@navado75]

😂 settlement queen.

[@tomjones2157]

And king. Her hubby too remember

[@michaelkerwin7722]

Exactly, shouldn't the "medical" she mentioned a couple times be used to pay for medical?

[@tomjones2157]

@@michaelkerwin7722 Payouts are often re-inbursedlong after you had/needed the treatment. They may have already paid for treatment out of savings and/or credit card. Months down the track this comes in to repay that and feels like a windfall. But it isn't. Also some payouts have a punitive clause. Its kind of normal.

[@clair3kee432]

She’s giggling on the phone and I’d actually be crying if I was her. 😭

[@migdalin92]

Not everybody react the same....it could be a nervous giggle. ..

[@JamConcerned]

I hope she isn't making it up. I don't know how she can sleep at night.

[@carryeveryday910]

Jeenn Greeneee322 It’s nervous laughing.

[@michaelb.8953]

It's nervous laughing and it's I feel ashamed and I look like a fool here so I'm going to laugh it off to make light of it.

[@kellylittle125]

She’s laughing to keep from crying lol

[@chronictwister]

Gotta admit, these videos save me from doing some stupid stuff. I am always so tempted to get a brand new F150 Lariat, but the price tag is usually between 42 to 49 grand. Considering the fact that I only pull in between 59 to 62 grand a year, it would be stupid of me.

[@bamafencer12]

Yeah I almost bought a brand new Tahoe with a lift kit in TX. That thing was $89K no joke. I just couldn’t do it. I went in Craigslist and bought an Escalade with cash.

[@oustaz1]

@@bamafencer12 89k for a tahoe? Run!

[@bamafencer12]

@@oustaz1 I know! What's funny is that salesman calls me 2-3x a week asking if I want to buy it!!

[@AmitSharma-re4xu]

Yep very stupid

[@melissa4896]

Yes it would.

[@gatewaysolo104]

I figured medical payments would go towards medical problems from the accident not to upgrade the "victim's" ride. Guess you learn something everyday

[@amendezmuniz]

I love how he says INSANE! He calls ppl stupid and they all just laugh.

[@shadypines9929]

Mathematic insanity! Dave lays it on the line. 80k in car debt is unreal but we've all done stupid things. Best thing is to cut the losses and move on.

[@ascension_maintained8451]

Just paid off my car today! Dave would be so proud lol 😊

[@bobdickweed]

She must be on drugs.....this keep up with the jones is mad...;-(

[@davidb8777]

You can count on Dave to tell it like it is which is exactly what these people need to hear if they're willing to listen.

[@chartuck]

This lady proves that there is no correlation between a high wage and common sense. They aren't fixing this debt anytime soon because they don't care.

[@righand]

bhs I wouldn’t call 120K household income “high wage”. That’s average at best.

[@chartuck]

It's 2x the average. So, no, it's not average at best.

[@rosen380]

It is more like 2x the average individual income for a full-time worker, which puts it pretty close to average for a two income household.

[@acebragg5559]

@rosen380 - WRONG. $59,039 was the median (half below that number, half above it) HOUSEHOLD income for 2016. Household is defined as " the income of every resident of that house that is over the age of 15, including wages and salaries, as well as any kind of governmental entitlement such as unemployment insurance, disability payments or child support payments received, along with any personal business, investment, or other recurring sources of income." So 120K is in fact twice the median household income in the U.S.

[@righand]

Ace Bragg you cited the first google result, congratulations, you passed middle school. We are talking about the average, not median. Married couples filed jointly in 2014 was 117k. You really expect me to believe that most people in America are making 30K each?

[@samr9622]

Meanwhile I bought a Honda for 15k and I’m down to 7k to pay off and I though that was waaaay too much 🤦🏾‍♀️. I’m Paying it off and riding it until the wheels fall off lol

[@TheCarines1]

Getting an expensive car to show off but swimming in debt. Lady, quit chuckling and get yourself a Toyota or Honda. With all of these car wrecks, they need to settle with bikes.

[@ladycheyne5607]

The Carines No, she needs some NIKE'S 🤣

[@davidramirez6896]

They sound like the kind of people that don’t let you merge and drive their right-of-way no matter what. Not me I’ll hit the brake any day over a payout.

[@tomjones2157]

Its not the "lady's" car that is 80k. Its BOTH her and the husbands car - TWO cars.

[@Yugiboii]

Sounds like a nervous laugh to me... I tend to do that too when I’m embarrassed

[@pseudosun]

I like the silence when dave says "you have to sell your cars".

[@JAFFER3657]

Man, your every video brings something new for me to learn. Never gonna put more than 50% of my annual salary in motor vehicles.

[@blackworldtraveler3711]

Syed Jaffer Zaidi I've always paid around 10% or less of my annual salary on a car. Only one car at a time and drive for at least 8 years. This women is in $80k car debt. Took me over 30 years to spend a total of $40k on cars.

[@JAFFER3657]

@@blackworldtraveler3711 you purchased that car or took it on a loan?

[@blackworldtraveler3711]

Syed Jaffer Zaidi My first car dad cosigned loan for me. It was about $2800 I think Cash for the rest.

[@JAFFER3657]

@@blackworldtraveler3711 hmm. I wouldn't buy any car on loan tbh. I will buy a 2 year old car with good overall condition.

[@blackworldtraveler3711]

Syed Jaffer Zaidi Doubt you could do what I've done anyway. I do things differently. It was worth it for me at the time. I had around $10k in savings earning around 16% on 6 month CDs. So I borrowed using my account as collateral with 6% interest rate. I was saving and investing with a Schwab account since 10th grade. It was my dad idea. He didn't want me selling stock or taking from savings to pay for it and was a hassle anyway because there was no internet or online trading and expensive process. So I work full time while going to tech school and getting associates degree. Paid my $120/mo. Car payment for the 18 months and done. No big deal. Glad I did not touch any of the shares of Exxon,Berkshire Hathaway,and others I purchased. These stocks made me a millionaire by 30 with dividend,growth,and compounding and had a six figure career by 30 as well so it all paid off.

[@charlottejean8151]

"oh maLord! yall done lost your minds didnt ya?!" took the words right out my mouth Dave

[@billschlafly4107]

25 years ago I had two car loans that totaled $625 per month and I was broke at the end of every month. That was a lot of money back then at it still is today. I finally got fed up so I sold my prized sports car and bought a car for $1750. We were still paying $350 per month for my wife's truck because I wanted to remain on speaking terms with her. About ten years later we rationalized our way into a new truck. Thankfully I'm done with both of them...her...and car payments. All is not lost though because I paid into my retirement the entire time and I'm sitting pretty. Behave yourself and you will live well.

[@regularity2556]

🤣🤣🤣🤣🤣

[@Karl_95]

Right on Bill

[@GoldenSpoons]

Honestly, this sounds suspect. Two total losses both with huge medical settlements. I think a lot of people use car accidents as a payday. Not saying that's the case here, but something could be off here. That's why car insurance is outrageously expensive. People get in accidents and the first thing they think of is getting a payday. Also isn't the fact they had money left over evidence that it wasn't a legit medical claim? Say you have $1k in medical bills, sure it should get paid, but what's the extra 14 large for?

[@tailorforeman7082]

from my experience the payout is triple the medical bills.i got 1400 from a 5 car pile up, so sounds like fraud to me.

[@v_rapture_v]

i was thinking the same thing about hearing about both "medical settlements" that shes using to pay off her car, i thought medical settlements were for medical bills and lost wages. Hate this lawsuit lunacy these days.

[@Gabster1990]

Man my car didn't cost over $20,000. I'm so glad I don't have car payments.

[@costco_pizza]

Gabster yeah but who is going to respect you driving around in a car that costs no more than 20 grand? Who will want to associate with you? Or even want to speak with you? Get the car that shows the world you made it and that you are a somebody. Not a nobody.

[@robertspencer5219]

Never read that book, The Things Foolish People Do With Their Money, but its a catchy title. Wonder if anyone would buy it?

[@robertspencer5219]

Gabster, good thinking!!!

[@JK20239]

@@costco_pizza keeping up with the jones is the demise of America. 1.5 trillion each in student loans, CC, and mortgage and auto loans debt.

[@Commanderhurtz1]

@ACR First of all, whom cares what strangers have to think about you? If you're trying to gain social status or 'street cred', you're in a losing battle because theres going to be someone whom is willing to be more insane than you. (I'm not calling you insane btw, I mean it metaphorically). And most people don't care about your car anyway, I mean seriously, showing off isn't how you become rich.

[@justfine77777]

I am a real car enthusiast, and I drive a 2007 Toyota Camry. I just can’t do car payments, and saving, vacations, gifts, and hobbies seem to be a better place to spend money.

[@kennyscott1089]

So you buy a car you can't afford to show off to people you don't know?

[@lenas5613]

🙄🙄🙄😁😁😁😳😳

[@yaydog2702]

My used Honda Civic was $10k paid off no bills : )

[@OscarMartinez817]

Wow & here i thought my $20k car was a huge debt , definitely not worth the debt & interest you will be paying down the road.

[@Elena-er7zp]

Uhhhh, your $20k car IS a huge debt.

[@jasonsheedy1852]

sell your car oscar

[@rathelmmc3194]

It's not the interest that even matters. It's the fact that you have an installment loan on a depreciating asset. Imagine you have a cash flow crunch and you need to remove liabilities. Most people are upside down on their cars so the car's loan turns into a boat anchor.

[@eitautasgaubys526]

At least you can show off your car haha

[@tenzackyogi1742]

Get a two wheel cycle with motor on it.

[@jesseramirez9732]

I thank God for this man I’ve been out of debt becomes of him

[@Nick7380]

I think the biggest problem is too many people associate a nice car as a status symbol, a sign that we are doing VERY well and that people will be envious of you if they see you driving around in BRAND NEW vehicle. This can be a VERY hard mentality to break, especially if you drive a POS and there I times I even struggle with it myself but it really does come down to will power and understanding the difference between needs and wants. I don't know how many times I looked at a shiny brand new car thinking I could pay it out right no problem only to give myself a reality check on the situation-I ended up buying a house instead and I couldn't be happier especially when I see how much equity my house has built up in such a short amount of time-It's okay to buy toys but the key is to make sure you own them, not the other way around.

[@sson386]

I listen to dave whenever I think of buying a car

[@luckybreak360]

Well I spent 1200 on my car it has 233000 miles had it for 3 years still going strong 💪 😀😃

[@frankchris07]

80,000 in car debit I could not sleep. one word Uber. I am so cheap I drive 2013 dodge grand caravan 14,000 with 36,000 miles I am happy.

[@hollyb6885]

I love how she keeps laughing even though she and her husband acted like idiots buying these cars.

[@Karl_95]

Shes laughing because she realizes what an idiot she and her husband has been.

[@WildBoyLiv]

Imagine if she didn’t have car payments and just the savings she would’ve been set to invest

[@sitiwrattz]

OMG the husband insists on driving a stupid expensive car. What a princess.

[@nezra3514]

80k in car debt....omfg......wow......

[@joelcleare]

I live in the Phoenix area. So many people drive high end cars. It’s like a car show in some areas. Sounds like they are trying to keep up with the ‘Jones’. Drive high end cars now and live in a Trailer in Mesa Arizona. Assuming if you are credit rich and cash poor.

[@JK20239]

This is everywhere. I live in spring Texas

[@Nadasky023]

joel cleare lol I agreed it seems like all over the valley everyone is competing with everyone.

[@MrTmenzo]

Or maybe by living in a trailer they save money and can afford a nice car?

[@ahastar1141]

This is everywhere. It’s almost disgusting to see how much car debt is out there. People rolling more and more car debt into their next vehicle, living in the now not vaguely thinking about the future.

[@deepsoul3256]

Oh lord not the trailer park!

[@tortoisehead30]

You can almost get into $80K worth of debt in a pickup truck nowadays. It's crazy.

[@yst42]

Watching this in 2019. I bet that they didn’t end up selling the cars.

[@gardenofe12]

I have no words for this woman who bought a car she couldn’t afford and is now in debt for a care that depreciates in value every year. She obviously 🙄 likes material things and doesn’t care the price.

[@zunaiandre2341]

Lol,Dave was writing down as soon as he hears 80k!His hand lost motion wether to hold the pen up or put it down and cross hands😮

[@tomjones2157]

Yes he's making the sign of the cross against the devil

[@PeaceDayCortez]

Very suspicious car accidents. I’ve been driving since I was 16 yo and I’m 54 with only one fender bender. Accident wise these must be the two most unlucky people or financially speaking in accident collecting the most lucky.

[@patthetrucker5670]

Lol,I have over 2,000,000 accident free miles in a 18 wheeler. Something is fishy !

[@acebragg5559]

Me and my wife each had fender benders 2 months apart a few years ago. I hadn't had an accident in almost 30 years and that was her first one ever. Neither one too big thank god.

[@FirstNameLastName-hz4kv]

That isnt very logical. That's like saying "I've never been robbed, so robberies dont happen"

[@Alioop9a]

I work in insurance and you'd be surprised how many at fault accidents people have

[@evegreenification]

It depends a lot on where you live. There’s places where people are more cautious and careful and then there’s places where people are more reckless.

[@Kevin_Roche]

My wife and I have a net worth now of $700k and we don't even own cars worth more than $10k. I'm not even in my 30s yet. If you want to get rich, you need to control yourself and be able to say NO. I do get a kick out of watching these calls, though.

[@Boxhead42]

Good for you guys, but you don't have to be so smug about it.

[@mitch20003]

700 k and not even in your 30s? sounds like someone came with some inheritance and belittling others. pathetic

[@612osiris]

Everyone that calls has one or a mix of: high student loans, high mortgage, credit car debt, or expensive car payment.

[@laflores09]

She keeps laughing is there a joke that I missed?

[@mr.boostang2064]

Shes nervous, I doubt she finds it funny

[@TRUMP-hk3en]

Nunez Elisa Some people laugh 😂 when they really feel like crying 😢

[@Doors067]

Just her life

[@negativesplits06]

Nervousness

[@Yugiboii]

Sounds like a nervous laugh to me... I tend to do that too when I’m embarrassed

[@rlopez2626]

That’s crazy! I would freak out if I was in $80K auto debt.

[@melissa4896]

Yet there are a lot of brand new trucks and suvs selling for that price now.

[@Karl_95]

Im sure shes broken every dish in the house thinking how could ive soooo crazy.

[@HermannTheGreat]

Not alot of common sense here.

[@tomjones2157]

Well she's ringing the Dave show. Thats common sense, right??

[@peters5090]

@@tomjones2157 i took a dump at walmart

[@jjman533]

Two car wrecks totaling both cars and with excess medical settlements. Yeah let me guess what they bought with the $80,000 in car debts a couple vans with wheelchair lifts? Sounds like they are part of a car insurance scam.

[@SylvanSage]

Not really, its really easy to "total" a car. They had enough of a case to negotiate a settlement, so whoever is responsible didn't want to take it to court and have a judge determine the damages. They owe money on the cars, which means they didn't have enough to just buy it outright. Its not that complicated to understand how this could happen.

[@BenOH5500]

Dont blame your husband

[@hands3013]

Exactly what I thought . They EACH bought a car. She wants us to believe the husband dictated both choices ? 🤔

[@mrmustangman]

@@hands3013 same here.!!!!!!!

[@amanhasnoname1510]

All the women who call this show do that.

[@thelastmemphian]

Everyone that calls with massive vehicle debt has the same story: my wife wanted a better car, my husband wanted a big truck....never could it ever be my fault

[@97I30T]

A man has no name That’s the recurring theme with women. They blame others for everything. My ex girlfriend blamed me for everything that went wrong in our relationship. Even when it was her fault she found a way to flip it around and blame it on me. Nothing is ever a woman’s fault in her mind. My mother is the exact same way and so are my female coworkers.

[@LauriSolvb]

How do I choose witch video am I going to watch first? The one that I can see is going to make Dave mad 😂

[@acebragg5559]

"The Wizard of Oz" has a pretty cool witch in it. I suggest watching that one. Then follow it with "Witches of Eastwick".

[@JeradLarkin]

Awesome! I'm glad to see more local Colorado real estate vids getting uploaded to KZbin! Thanks for sharing. 😀

[@mammothorbust]

4:25 she threw her husband under the bus fast as she could!

[@Doors067]

They all do

[@unfairsanic5089]

Snitches get stitches

[@authenticallyshawnte]

Why is she laughing? Nothing is funny!

[@beautyofafricaInc]

Shawnte Bell nervous/embarrassed to admit the stupidity on air I guess

[@Countcho]

Shes ashamed

[@averagejoe9249]

Lots of people laugh when they know that they're in the wrong. It's just human nature I suppose

[@lenas5613]

SHE'S sitting at Looney!!!

[@Preservestlandry]

Nervous laughter is the same as happy years, doesn't seem to fit the situation but completely normal.

[@felix-langhart]

SELL THE CAR AND STOP BUYING LEASES

[@deepcow]

My dad always told me, if you can’t pay off your car in three years, you can’t afford that car.

[@rowlandbuck2703]

Its good advice. I had no credit, financed a car for three ye ars at a high interest rate but made all my payments on time. That aline got my credit to around 750. Then of course I could finance my next car at really low interest.

[@Cw81Deut6n4]

Way over in the stupid zone 🤣. Love it.

[@ryanbriley4580]

She sounds so funny and was giving the best advice, just sell it. I had an auto loan in the past and was late at some point and turned into a negative and hurt my credit score so bad but am good now.

[@Anthony-nx5yu]

I feel like only in America you can get a NEW bmw or Benz so easily here

[@Josh-by9fv]

With her laugh, you can tell they are going to go buy another new car with his accident check.

[@NefariousJames]

she was like, *hi dave i'm broke hahahahahahaha* I know it was nervous laugher but that was funny. Also, don't be hitting these people, sounds like they sue if there's an accident (settlements that take a year? yeah they sue)

[@Mack-bc9mh]

2002 Honda Accord that runs like a champ. No payments 🙌

[@lenas5613]

2013 Honda Fit--- paid for in 2016.

[@tkhemjinda]

No man 98 maxima!

[@jeffmorgan5152]

Dave hits the nail on the head regarding the amount tied up in depreciating "assets". Buuut....assuming you have good credit its even worse to pay cash for them. If you can borrow for less than 4% simple interest and earn north of 8% compound in a cheap indexed fund why on gods green earth would you tie up cash that should be working for you to "own" a depreciating asset out right?

[@bettysmith7045]

I drive a brand new vehicle, and yes I have a payment, and yes I will pay it off early. I put 10K down (equity from my trade), and I feel safer having a new vehicle knowing it is VERY unlikely to leave me stranded on the road at night or during a snow storm etc. You pay no matter what! If you buy a "hooptie" you are paying for repairs, and in some cases if you add the repairs up, cost of rental if needed, and your time it equates to a car payment. I have news for folks, a "newer" used car with low miles cost nearly the same as you could get the same vehicle brand new!

[@stevee8318]

Debt on a depreciating asset is the worst kind of debt. It only gets worse as time passes.

[@kristenm8221]

Why does this lady keep laughing? Is your life a joke? Omg I can’t believe some of these callers 🤦‍♀️

[@Yugiboii]

Sounds like a nervous laugh to me... I tend to do that too when I’m embarrassed

[@jojotheoj]

People call Dave to get a Talking To by Dad, which quite frankly is what made me get my 💩 together.

[@getabettercartitleloaninca9122]

Great insight as always

[@FamilyRoyaltyFirst]

Dave thanks for making a real difference!

[@thomasmorrison3279]

After two major accidents, why do you still try to drive a nice car?

[@ErrorPagenotFound-ig1cy]

Nothings more sexier than a paid off car

[@geot4647]

Them both being in "accidents" also indicates reckless living.

[@longasleep]

This show is great!

[@tommycrasher4136]

I genuinely wonder if the middle class is shrinking because of stupid decisions like these.

[@Jemgirly]

ABSOLUTELY!!! 🤮🤮🤮🤮

[@OopsFailedArt]

Sad part is people usually judge middle class by income not net worth. That's actually part of the issue right there

[@ncatstate]

_What_ is so freakin' funny???? _"Yeah Dave, we're in debt up to our eyeballs. Hahaha"._ 😐

[@Plutoboy85]

People deal with stress and fear in different ways. Some laugh to hide their true emotions.

[@Airbender24B]

It's a normal response for normal people

[@user-ox9vu2gl5n]

@MishuTaste or when the Tariffs and interest rates raise , their cars cost of upkeep will skyrocket , let's see if they're laughing than.

[@fgonzalez78959]

I bet she laughed when she showed it off..just like when the dealer laughed when he sold it..just like she laughs knowing she is in deep dookie..hahaha one big oh laugh ppl..hahaha ..

[@knocknockify]

I laugh in response to stressful situations too. It’s just a reaction

[@AZURE_ONE]

Good advice

[@averagejoe9249]

"they give you a check when you have a wreck" Has a nice ring to it