Buy Cars You Cant Afford, You Will Stay Broke - Dave Ramsey Rant

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[neil]

I'm active duty in the navy. The majority of the people I work with buy 20k and up vehicles! I personally drive a $800 regular pickup I maintain my self and having been doing this for 4 years. Knowing that I keep my current vehicle for another 10 years will surely add up later in life. Live like a man.

[USNavyVet_STG]

It's been years since I had a car payment. The freedom, its beautiful.

[XCVi_MAC]

I wish I would've seen this before going into a car debt.

[rickvangils]

A household income of 44k... with a 35k car loan. What are these people thinking when they sign up for it? That's financial suicide.

[jutde]

Dave, I want to thank you for helping me to not make a huge mistake. I was job hunting, and during a 2nd interview with a potential employer, the interviewer happened to see me pulling into the parking lot. Towards the end of the interview, he told me I would have a 3rd and final interview with the owner, and warned me that the owner would not be impressed with my car because it would send the wrong message to clients. I was >< this close to trading in my '04 minivan for something much newer and "prettier". Thank God I decided to borrow my neighbors truck for the interview, because the day of the interview I received a call that the position had been filled. I am still debt free, except for my house, because I was too afraid to be one of your callers seeking validation for my stupid life choices hahaha

[lawrencenanaakosah]

I love this man, I can't stop listening to him, I am taking every advice he gives and running with them, I wish I knew this 10 years ago.

[eddiesu]

my friends spent 110K last years bought two brand new lexus. i told him why not to buy a use one around 2 years old and save 40%of the money but he argued with me used car is bad it will break down blah blah blah..i just stop the conversation with him....

[knowbodiesfull]

Every time I get the itch for a new(er) car, I watch this video. Also, every time I get in my 2006 Chevy Cobalt (130, 000 miles on it), I think about the money I'm saving. My car still looks good and there is nary a speck of rust on it. I will keep driving it until it quits.

[ness]

I just laughed out loud when Dave put his head in his hands.

[garriottdavid]

This is the truth! I have done this so many times and stayed BROKE! I
wish I was taught the basic principles like Dave teaches! He tells it the best!! Love ya Dave!

[mammothorbust]

The best but one of the hardest things I've done was to sell my truck. It was an '09 red Toyota Tundra, almost new.  When I realized that if I sold it we could be debt free besides our home, I did it. It was tough to watch the new owner drive away, but I promised myself right then that one day I would buy another one for cash. It feels amazing to have no car payment, and the $4k replacement car I bought is just fine and totally reliable.  The myth that a car has to be expensive to be safe and reliable is ridiculous.

[spunkflunk]

I feel like an idiot, yesterday I got suckered into buying a new truck I deffi Italy cant afford, I woke up this morning with a panic attack thinking about how the next
9 years of my life will be dedicated to paying this truck off that I barely can afford. Man I'm an idiot

[abdulsijad]

i know a guy who earns 45k and drives a 2k car....he loves it car never ever lets him dowm...serivice cost £55 ....oil and filter change cost gets 42mpg new tyres goodyear £60 each....and no car payments so he can sleep just think about it

[joshsmith]

The price of new cars now days is unbelievable. If you sat down and figured up the total you spend on cars gas, insurance, repairs and purchase you would decide to ride a bicycle everywhere.

[workingshlub]

every car commercial says lease with 2-3k dollar down....you can buy a decent car with 3k dollars. ..think about it you can upgrade your car every 3 years paying cash and no debt. loans are for suckers.

[workingshlub]

i paid $800 for my 92 chevy work van and its the most reliable vehicle ive had. no way am i paying 600$ a month for a new truck. i paid off my 08 f150 last year..that loan taught me to never get another loan again...bank ripoff

[georgewashington]

People need to start using their calculators on their smartphones before they start playing angry birds! #wow

[RossEnzo]

I'm probably the biggest car guy you'll ever meet. 
And I've never financed car, and I still drive my 2006 Mercedes C55 AMG that I bought new in 2006 paid in full with cash. Yes, it's possibly to drive a really really nice car without a payment. Just start saving.

[jayjay-iuwc]

I've always bought my cars cash and it not that hard to save I would put $500 a month away and you know how much that equals in a year that's $6, 000 and in 2 years that's $12, 000 and in just 3 years $18, 000 just saying.

[DrogoBaggins]

I don't have much good to say about marriage. It's a bad deal for men in today's America. But if you find a girl who will date you when you are driving a piece of junk she might be a keeper.