Dave Ramsey's Advice For Finding A Cheap Car

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I just sold a 2014 Dodge Charger that I owed 12k on. Payments of 270.00 a month. I sold it for 14k paid off the loan. Bought a 2001 Subaru Outback from an old couple in amazing condition they kept it up 181k miles but amazing condition. They where selling it for 3k but after they asked me why I was buying it and I told them my family was doing the Dave Ramsey plan to change our lifestyle, they sold it to me for 2k and said they bought this car 10 years ago because of Dave’s plan and that’s what bought them there first house in cash. They told me to pass it on and maintain it. I dropped about 500 bucks into car parts and installed them myself which became a learning experience and I’ve gained a lot of knowledge along the way. IT CAN BE DONE PEOPLE!

JifferRiffic
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I purchased a 98 Toyota Rav 4 $1500.00 she had 130, 000 on her and now she has 305, 000 still going strong 🤞

familyknowstells
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To all the young folks, do not buy a car to impress people! You only need something to go from a to b. Drive your 3k car and keep hustling

XxMusclecarsxX
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I met a teenager working a donut shop. She pointed out her car that literally had duct tape holding the bumper on. Tipped her $20 for the donut

AnishChari
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My advice guys, you can never go wrong with Honda or Toyota. Best car brands out there period.

dannyz
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2004 Corolla.... AKA "The Hamster." 308k miles and still going.

rycherulz
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Just got my first car paid 5400 in full for a 2004 Honda accord 150k miles on it and I'm following Mr.Ramsey advice ever since I was 16 to buy this outright I'm almost 19 wish me luck trying to start a business

austintomkewitz
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"You gotta have good grandpa stories later." lol I love it. Reminds me of when my friend put a "honk if you see flying parts" bumper sticker on his first car.

bencorwin
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Driving a $800 corolla right now and it feels great

BrandonRa
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Almost paid off my car in baby step 2! $2, 350 more to go and this Ford Fusion is all mine!! 👍🏽

raulgolfs
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“And a car like that is gonna need a name…” 😂

Lyrikhan
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Now this is some real practical advice!! Appreciate this🙏

Zarghami
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I’m driving a 2003 Honda Pilot with 253, 000 miles. When we bought it in 2011, it had 171, 000 miles. I’m going to try to drive this thing for 10 more years!

BrokeMillionaire
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A car that’s been sitting for that long isn’t a good buy, cars a meant to run not sit. That means all the rubber hoses will rot the tires are dry rotted, calipers will seize etc.

johnfrantz
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My cousin has a 2001 TOYOTA COROLLA 👉🏼 380, 000 miles still running. 🤩🤩🤩🤩

sfrealestatedealmaker
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My first car at 16 in 1976 was a 1968 Ford Mustang. It had no power steering(very difficult to parallel park), and bad defrosting, but what a safe car it was! Like driving in a tank. I paid for it with my money working cleaning rooms at a conference center. Kept that car until 1987, when I moved overseas for 3 years.

annab
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70% depreciation in 4 years, he must drive BMWs. Haha! But seriously, I've been driving the same 2001 Civic for 15 years now. For the cost of 3 average car payments I purchased a low mile engine and transmission from Japan that made it feel like new again. I spent about the same rebuilding the suspension. Got a deal long ago on some alloy wheels. Several components have lifetime warranties. I can do just about anything short of bodywork in my driveway. This model is popping up at salvage yards left and right so tons of cheap parts out there. Insurance is balls cheap, I just keep it clean and somewhat presentable. Might get a paintjob in a year or two. 318, 000 miles and doing great!

justonemori
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I had one of those cars. Old Corsica. The interior/exterior was actually immaculate, hardly any mechanical work was needed. No A/C but that car got me through a lot of years when I was not making much money.

maddieprivate
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I haven’t bought a new car since the early ‘90’s, paid cash for my last two. There are sweet deals out there, watch for them on sites that list cars for sale at most dealerships and independent lots in your area. A year ago, I snagged a 2010 Lexus convertible with 31, 000 miles in tip-top condition at a fair price.

OpalRavenna
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So true lol . My buddy used to have a car we called the crocodile lol

cubanito