?? Work at Pickup Points � Flexible schedule

How Much Car Is Too Much?

The Ramsey Show Highlights 640 views

Download Video

Comments

Actually dumb people are People who they don’t know how to enjoy their wealth
Comment from : @josephkd961

Hi Dave! When deciding on 1/2 income for buying a vehicle should I include interest, investment growth, and dividends aa part of that income?
Comment from : @ronrowan4828

Dave's credit score is a "409"
Comment from : @tonyt8807

6:19 lol
Comment from : @what_is_steve_doing

I am almost 40 and I’ve been in construction my whole life, I love Dave Ramsey, but can tell he hasn’t worked Construction, you don’t need to drive a new truck, but please don’t drive a piece of junk, very unprofessional, anybody who takes pride in their construction business will at least drive midgrade decent trucks
Comment from : @melmaryliz1227

Right now my truck is 14 yrs old and my wife's SUV is 10 Bought and paid for, my truck for 7 years and hers 2 At 142k and 60k miles today we aren't parting with either
Comment from : @TheSupervillain316

My 2010 Toyota Tacoma regular cab truck has power nothing I bought it in 2012 with under 7k miles for $17k Still have it at 142k and going for at least 100k more
Comment from : @TheSupervillain316

YOLO
Comment from : @liberator9248

The average price of a brand-new SUV (or crossover) in 2023 is $70,170 — 32 higher than the 2018 average of $53,160
Comment from : @MissJami

Entire situation is failed you don't supply a work truck and take responsibility for that depreciation/maintenance/repair unless you're an actual contractor making actual contractor money It doesn't sound like this child has an actual trade but he'd better learn to make profit off construction or get the hell out of it because he's totally being used supplying a vehicle without full compensation which is what lowlife contractors ALWAYS try to sucker people intobrbrIf you're paid hourly show up in a $2k honda civic which doesn't move an inch until you clock out or they agree to give you $55 a mile on top of wages A lot of bottom feeders won't want to hear that which isnan excellent way to avoid working for a bottom feeder
Comment from : @July-qo7jp

"they lose 60 to 70 of their value in the first 4 years that you own them", sadly for used car shoppers that hasn't been true for some years now For the brands and models that people want, the ones on a wait list, 3–4-year-old cars often go for 70-90 of new value Some model units can be sold for a profit after 3 years The new car shortage of pandemic years are better now, but the shortage still exists And since so few new cars were shipped in 2022, in 2026 there will be a shortage of 4-year-old used cars, keeping those used prices high
Comment from : @srikanthnarayanan

I turned 40k into 6k I didn't know 😢
Comment from : @fordresurrectionest9556

10k on a work truck nowadays is not going to buy you anything Right now this video is 5 years old I can only imagine how our economy will look 5 years from now
Comment from : @roypoulos1378

It’s common sense lol
Comment from : @joemilazzo7830

He sounds like Darth Vader when he inhales and exhales
Comment from : @CarlaQuattlebaum

See people saying I need a family car nothing wrong with a 2001 Toyota Camry
Comment from : @bobtailsquid

10000 truck lol that’s a flint stone car
Comment from : @cardiiiiii

And now I'm buying jaguars for $2k that are nice New daily is an 05 XJ8-L That's easy for me to work on
Comment from : @nathangreen900

Go to the car museum Don't own it 375K miles 2002 kia Spectra bought new still strong point A to B
Comment from : @davidsmith5584

So are you saying Grandpa died rich and the family got to enjoy the money Now that you can afford the Jaguar what are you driving? I understand Steve Jobs used to lease the same model BMW every six months Some people have more dollars than sense
Comment from : @earllsimmins9373

Smart grandpa!
Comment from : @matyasfegyver2898

I dropped over what I make a year on a used car🙄🤣🤷🏼‍♂️🤦🏻‍♂️
Comment from : @Boostisablast

“When he passed away he was a multi millionaire” see that’s the part that gets me about all this I of course want to leave money for my family, but I also want to enjoy my life
Comment from : @vinnynunziata

vee hick ull
Comment from : @leesmith9299

Ok that’s it I got the answer I was looking for Not paying no more than £17,500 for a car, half of my income, and its got to be cash Car finance?? NEVER AGAIN 😅 Thanks Dave
Comment from : @davidfortes1154

A car is a tool, once people start calling their car a vehicle I know they got ripped off
Comment from : @JoeBlunt

instructions unclear, building car out of wood and used nails
Comment from : @faradaysage15

What is the point of money if you never use it and die a multi millionaire
Comment from : @mb5777

Dave Ramsey gets his opinions and mouth from his grandpa😂😂😂
Comment from : @jgentertain

What car ever goes UP in value?
Comment from : @mileshaeberle566

Dave trying keep people wealthy when their in there golden years I understand that but man we have to live a little too
Comment from : @vmac5421

I’ll keep my 2010 Corolla until it lets me down Haha
Comment from : @polloloci21

Public transit - with my chin high I could care less
Comment from : @kjtimothy

The story he told about his grandfather is a Lie He just said his grandpa didn’t invest he just saved money, put money in the bank But after you pulled up in a jag he says he puts money into things that increase in value? Doubt it He probably said you were dumb for buying it tho
Comment from : @josephburton92

Sparevehicle, because you can! I'm stupid as well, i want a small spare car for if my car needs to go to the garage for a couple of days
Comment from : @MarshallMathersthe7th

Buy a used well taken care of jaguar
Comment from : @PistolPete14

Grandpa Ramsey wasn't about that "show off" life
Comment from : @itsbiju

Glad I don’t like luxury cars
Comment from : @sportsMike87

Had to get it off that number my boy
Comment from : @BoydsBowling

If it was not for my super frugal grandma my father and his siblings would not have had an inheritance
Comment from : @Iworkwithnitwits

Americans are obsessed with cars
Comment from : @karlabritfeld7104

Most important thing to consider when buying a car if you work construction is that once your on that jobsite unless you get a specially insurance plan you are not covered for anything
Comment from : @techblade837

How in the world can you afford $26k in vehicles making 40 something grand?
Comment from : @zachg3069

He is right In my industry the apprentices driver better vehicles than the journeymen
Comment from : @donaldrichey3318

This theory was true until 2021 came rolling around
Comment from : @bluestateconservative4118

Great story at the end Grandpa was right I've made so many mistakes as well
Comment from : @keithclark8030

That story with your grandpa reminds me of that song, "Daddy Never was the Cadillac Kind"
Comment from : @SuperBabyBuffalo

I make 30k a year but I need a new car and was looking at one that was 24k I guess now I see that’s a terrible idea🤦🏻‍♂️😬
Comment from : @brittoncoil2518

That's why you buy a Tacoma or a Subaru🤣
Comment from : @eeleye4

Listen people ditch the over price cable bill ! Make ya own lunch!! Stop buying lattes from Starbucks out everyday ! There ya go 450 bmw appeared brand new
Comment from : @johnpeters3160

Us construction guys spend WAY too much on our trucks
Comment from : @BrendanEvan

If you work daily your work vehicle IS your daily vehicle
Comment from : @STR8SICCC

Unless you have a Lamborghini, no one cares what you drive
Comment from : @trevor3575

That right there is a great story
Comment from : @nickschneider774

What if your hobby is four wheel driving and off roading
Comment from : @jmx318

I still don't get Dave's rationale How exactly does a vehicle's depreciation affect ones income or expenses? I don't see that it does If my paid-for car goes from $60K to $20K how exactly does that move the needle negatively when my income/expenses are exactly the same?
Comment from : @tbaxter212000

you can't buy cheap beat up vehicle an expect that to be in good working order and, one more thing -- what kind of image beat up truck will be in eyes of your customers
Comment from : @veniezerski3243

Lol I love Ramsey’s grandpa “That’s dumb” lol
Comment from : @samiradanesh2726

I was about to get this hellcat but I'll settle for the V6 for now
Comment from : @FireantzBlaze

But I love cars
Comment from : @matemarijan3795

Hey guys!
Comment from : @cade8986

I rather travel and live well than die a millionaire
Comment from : @AR-ok4gg

Has anyone ever been in a C6z06?I sold mine in 2017 for 325k, same year now sells for 40k if you even find one Thanks for making me reconsider my investment
Comment from : @usmc2141ilya

Under da sea
Comment from : @SpeedfreakUK

I am a over the road truck driver and every time a car or pick up passes me I wonder how much in payments they have with that vehicle
Comment from : @hankfuchs8405

I got a million rusty nails in a bunch of Folgers cans sitting in my garage, I wonder how much that’ll net me
Comment from : @nslouka90

hes father died with a million dollar on his account? whoah how nice maybe if he enjoyed it a little bit better
Comment from : @ritopaual7736

Less than 1/2 of how much you make a year, or how much you bring home a year? Especially after taxes 😵
Comment from : @mynameisneb

Poop
Comment from : @noahmason4772

You only live once and you can’t take your money with you
Comment from : @FOT2010

the ad in this video is for financing a Hyundai
Comment from : @Ambslem

My grandpa always said “don’t invest in anything that rusts”
Comment from : @LoamerMTB

I have a big question Is this 50 of gross taxable income or are we talking 50 of net post tax income?
Comment from : @flavioformigoni5889

Dave what if I’m a massive car nerd and need to have fast and expensive cars in my life
Comment from : @JJmccarthy69

Half of netto or brutto?
Comment from : @Pimpriq

Wanna ask his thoughts on this in relation to using your car for business/ airport livery etc
Comment from : @SisyphusJP

Sounds like the call reception was IN a salt late
Comment from : @Anon_Fox

Buy a new car cause you deserve itbrYou only live oncebrDo you buy a pair of old shoes at the Goodwill?brDon’t take advice from a millionaire who self effacingly saysbetter than i deserve
Comment from : @ShakespeareCafe

You can still buy nice cars just buy used 4 years old
Comment from : @MegamanTheSecond

20k truck on a 41k income
Comment from : @Eoin_D

Some people enjoy cars like some people enjoy stashing money away To each their own, but I’m never in a bad mood when I smell rubber burning 😂
Comment from : @jardenkt2763

How do i get in a call?
Comment from : @Rice2G

My car was more than half my monthly income Did I get that wrong?
Comment from : @zipskippy433

"that's dumb" thank Ramsey!
Comment from : @raulcollantes182

Yes, my grandfather grew up in the depression and saved everything I can't tell you how many times he'd reuse aluminum foil for warming up his dinner rolls He'd fold it up after every use and put it in the drawer I'm sure he basically would reuse it until it fell apart
Comment from : @darrellhart8129

Save money Don't get into debt But also buy things you want that you don't need We work to live, but we also work to have some fun!
Comment from : @Salitrillo360