Leasing Vs Buying A Car - Dave Ramsey

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I bought my own car at 20. I’m now 28 and still have the same Jeep paid off. Sometimes I think I want a new car but no car payment is so nice 😂

taylorannparker

I'm learning a lot from other people's mistakes

nilestalbot

Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌

DavidAntony-gqid

That is probably the most calm I have ever seen Dave when someone asked about “should I lease or buy”.

kylecollins

I financed a CRV 72 months when I was earlier in my career. The minute my income increased, I paid the car off two years early and started saving/investing the car payment money. CRVs last forever and have great resale value. I’ll probably have it another 10 years. Super low maintenance costs and extremely reliable.

joyt

Listening to Dave is like listening to an awesome grandad.

Dyrtbag

Why are others trash talking people who already know they made mistakes and are here to fix them.

javiv.s.

I bought a car, paid it off in 4 yrs and drove it for 17 yrs total. So for 13 years I used that money to invest AND save up to pay cash for my next vehicle. In my opinion, people have a very expensive obsession with vehicles.

kenjones

Man it’s always good to watch a Dave Ramsey video every once and awhile to keep you on the right path!

paulbar

That total purchase price really hit home. Wish I heard this 3 years ago.

JTrip

The thing that was my epiphany was this... I would not have though twice about financing 40k to 45k. If I pay cash I would only spend between 10k to 15k. That is a big

aajordan

The only thing not mentioned that should be taken into consideration is maintenance costs on a used car. Depending on the person, and if they can't work on the car themselves, those amounts can add up. Should have been mentioned.

jojog

Try to remember something people, money will always come and go. Try not to obsess over it too much! Everyone is so concerned about percentages, decimal points, and dollar signs, and how much I’ll have when I retire at 65 or 70. Just stop….look around the world, and understand that one day it’s all going to be over anyway. Do you want to live your life obsessing over every quarter, dime, nickel, and penny you have? Or do you want to enjoy your life? Take care of your finances yes, but don’t forget to go live once in a while too. Just don’t put yourself in a predicament where you owe so much! Do that, and all of you will be fine. Have a great day 👍

angelacrobat

Found this guy early in life. His info plus my being a nurse will hopefully set me up for success.

ShenryRNBSN

everyone being recommended this : Please keep in mind.. Dave uses a one size fits all approach to his advice and most the time there are better options for your particular situation. :)

smhca