The Ramsey Show Reacts To These High Car Payments!

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[SuperChickensgood]

Words of wisdom from me. If you’re embarrassed about your car, just tint the windows so nobody can see you.

[philuent]

I appreciate all these people buying these new vehicles and hopefully taking care of them so I can buy them in 5-10 years for 1/5 the price. thank you so much

[michaelatchison]

A $1400 car payment doesn’t include insurance, maintenance and gas. These people are getting close to $2K a month just to commute to the car dealership, insane!

[dyno]

I almost died when I heard, "If your truck payment is bigger than your mortgage payment, you might be a redneck." 🤣🤣🤣

[Ryan-umxe]

Never had a car payment. 06 Jeep Grand Cherokee. 98 GMC Sierra 1500. About to pay my house off.

[bobcloughjr]

The car dealership is trying to normalize outrageous monthly payments

[Damon-qtfw]

My highest car payment was $406. At that time, I was thinking “never again.” I can’t imagine a $1400 payment.

[EvoPrisoner]

Serious question:
Could this part of the dealership strategy. To make the consumer seem like their $600 payment is "not so bad". I think this may be a set-up video to trick the consumer. They could reason that "well at least my car payment isn't as high as the guy that works here."

[tomyum]

I have not had a car payment in 25 years. I buy 3-5 year vehicles with cash from the owner, no dealer. No car loan, no loan payments is the only way to go for me.

[codycole]

My wife and I own several nice cars. Each one was bought used with cash. When you quit caring what other people think about you, then you are truly free.

[Ghost-jyhk]

See it’s equality, car dealers are ripping themselves off too

[jeepthing]

I had an $850 car payment on a new Lexus 10 years ago, after I got rid of it I vowed never again. Ive had the epiphany but clearly many have not. Who in their right mind would happily sign off for a $1000 payment. If you can afford the payment, but couldnt afford to put much if anything down, you CANT afford the payment.

[jennyhammond]

My house payment was My car: 1999 Jeep Cherokee Payment: $0 People can stare, but I'm the one that can sleep peacefully at night!

[davidsensing]

I know a guy that made a seven figure income for years. His daily driver is an old Ford Bronco with tons of dings on it. He retired WAY early and has a nice collection of debt free rentals giving him cash. Car payments are so stupid.

[univac]

The ability to delay gratification. That is hard for many to do in a materialistic society.

[nakia]

That’s crazy, prices went up fast. I paid 11k for my preowned Malibu. And my payment was $201. It’s paid off now. Those payments are ridiculous

[GeneralSirDouglasMcA]

I’m the type to keep a car forever, so I don’t care about depreciation or resale value. I’m currently driving an 02 Camry with 364k miles. I hope to buy a new Camry someday (when the vehicle crisis ends), but I’ll be paying cash.

[Ryan-umxe]

I find it more impressive when truck guys can keep a 30 year old truck running. More impressive than you 1k payment.

[chrismantonuk]

Every time I get tempted to be “stoopid” and go buy a new car, I watch Dave Ramsey to knock some sense back into me. Thanks Dave and team! 😅

[nrg]

I still drive the car my parents got me 9 years ago when I passed my test 😂 It works a treat and I'll drive it until the wheels fall off.