I'm Trying to Save Money, but Want to Buy a $35,000 Car

I'm Trying to Save Money, but Want to Buy a $35,000 Car

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[dr.bradshaw]

I love how he paused after letting Dave know what he has in savings/investments and expected Dave to praise him lol

[rrennnerr]

Dave doesn’t quite understand the full car market. A used Type R with 10-12k miles is not going to be too much cheaper than a new one. Some cars do maintain value quite well and in this instance it is good to have the assurance you bought a vehicle that was broken in properly and treated well.

[AdrenalineJunkie]

At this point I think people just call to flex😂🤦🏿‍♂️

[MaGaTOW]

Thanks to Dave, I sold my car and now take my rollerblades to work.

[Tigerkem]

This guy is doing great, 27 a100k salary and 100k in the bank not including retirement funds. Personally I rather invest that 35k into some rental property but he's done well enough to reward himself .

[mattcrouch]

Shane, if you're reading this, do this:
Go out to a modest dinner and leave the waiter a $100 tip.
Do this a couple times and you should start to feel better about spending a bit on yourself.

[ThreeNTheMornin]

You could tell the caller wasn’t about to argue when he realized Dave didn’t know anything about type r’s and how they do hold their value so he just agreed with him lol.

[Montblanc]

Chicago winters are hard AF on cars. The potholes will swallow your wheels!

[todd]

Our partners at IntelliChoice assume 42, 000 miles at the end of three years and the Civic Type R's value to be a whopping 87 percent of its new price. I'd call that retaining much of its value.

[mxerb]

I feel the same. Can easily afford stuff but don’t want to spend the money. I also found that dreaming is just if not more fun than actually buying it.

[jwardTLS]

I paid 36k cash for my Type R new in 2019 and i have had multiple written offers for 33k since then. They hold their value insanely well. It’s not that they don’t drop in value at all, but it’s much much less than other cars. Amazing car, buy it dude I drive my R more than my M3. You will love it just go buy one

[bluecollarmoneyinvestingch]

Dave doesnt know what a Civic Type R is, although I do agree with Dave to buy a used one unless you are a millionaire. Used integra type R have sold for over 80 grand at auctions.

[estefaniag]

I definitely appreciate the more realistic calls not people saying they have 100K in the bank and make 100K a year just called in to get told to buy the car he already knew he could afford

[rrennnerr]

As a recent college graduate who is debt free and should probably save for a house, I really want an E36 M3 before they become unobtainable. I understand this man’s question.

[InvestingHustler]

Honestly the way I look at it is if I can pay for something 10 times in cash then I can afford it .

U have 100k in the bank and make 100 k a year I would say try buying a car that’s in the 10-15k price range. But if u don’t mind giving up 1/3 of ur savings then why not

[ianmowbray]

Don’t buy a new one. My new car is 3 years old with 14 k miles on it. New was 50 k I payed 21 k drives like new.

[duesaces]

This man is the only wall that is stopping me from dropping 40k on a new Tesla car by reminding me that it's an impulse decision.

I have a 2015 year old Corolla that still runs well with around 50k miles.

Thank you for the reality checks and keep up the good work!

[moneybee]

Best Line:
Caller: "They hold their value pretty well"
Dave: "No they Don't"

[TedGetsBread]

You better be sleeping, eating, and working in that car if it's $35, 000! Choke every cent out of that car 😂

[ricegods]

The only reason a car “holds value” is when the demand is higher then the supply. Once something better comes out this car will drop in value tremendously. It’s only a Honda Civic type r .