Why Car Ownership Is Getting So Expensive

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If you have a paid off reliable car, you're killing it now.

Nate_G_SD
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The guy who is $15, 000 upside down on his car also has a button that says "Cancel Student Debt Now!"

NextSurvivor
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Is it just me or does the audio on this video sound way weirder than usual?

liam
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if you can’t afford to buy a car outright you can’t afford it.. car payments are how middle class or broke people stay middle class or broke

bllr
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Best way is to own a car until the wheels fall off.

cur
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If you don't mind driving a low quality, low maintenance car, Teslas are pretty decent. Charging is cheaper than gas. I have a solar and battery setup at my house and don't pay much to charge my car.

CherryPauper
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He keeps saying that he bought his Lotus for 50k and sold them for 50k and basically got a "free" car. Did he not pay high registration, high insurance, gas, and maintenance on this luxury car?

lazarus
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Having a fully paid off car has been so freeing! Financing a car is a thing of the past.

Shauneeful
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got myself a used hyundai for just under 7200 cash, less than 75k miles. Thats how you get a car. Instead of buying a tesla that I wanted, I got a house instead - which necessitated the car in the first place. I suppose what really put it into perspective, was how expensive mortgages are and how I need to keep my expenses under control. So the thought of having to pay 850 a month, plus taking into account property tax, fees, and INCREASED insurance made me come to quite the simple conclusion: Effing NOPE!

MikeDoesRandomThings
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30000 miles on a 7 year old car isn’t typical. That’s an average on 4300 miles a year. People usually drive closer to 14000 miles a year.

winb
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I own five cars - all paid for. All five serviced and maintened by me. I bought them all private party, with issues that I fixed. Yeah, they're old, and look kinda run down but to be honest, I prefer it that way. No stress to keep it stratch, and ding free.

extremeliberty
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Thanks to you i cant buy a new car with all the money frozen up

wildjc
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I watched a car-channel video yesterday about a 1970 Road Runner. It was made so that young people could afford a cool, new car. The price was equivalent to about $26, 000.00 in today’s money. What new vehicle equivalent to the Road Runner can be purchased today for $26, 000.00?

phaedrussmith
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"Americans and their f*** cars!" - Caleb Hammer, 2023.

foobarFR
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Graham been hitting the gym! Those veins popping out 💪💪

Smart_Think
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Saved up $30k for a new car in 2023. Ended up buying two used cars (SUV and convertible) for $27k. I was only able to do what I did and negotiate because I paid CASH. You negotiate and research cars like an expert when you are using your hard earned cash. It just hits differently.

Yummyu
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Conspicuous absence of the elephant in the room

xyvxuof
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This is why you always go to a credit union and get pre approved for a car loan so then the dealership will have to beat your pre approved rate if they want that deal and not play that game.

hgonz
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I’m so grateful I’ve never once had a car payment. I saved up and paid cash for both cars I’ve owned☺️

Jill_Horvath
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Congratulations on the wedding my friend!

benkamminga