Title | : | How Much Car Is Too Much? |
Lasting | : | 6.51 |
Date of publication | : | |
Views | : | 640 rb |
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Actually dumb people are People who they don’t know how to enjoy their wealth Comment from : @josephkd961 |
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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 |
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Dave's credit score is a "409" Comment from : @tonyt8807 |
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6:19 lol Comment from : @what_is_steve_doing |
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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 |
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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 |
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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 |
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YOLO Comment from : @liberator9248 |
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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 |
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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 |
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"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 |
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I turned 40k into 6k I didn't know 😢 Comment from : @fordresurrectionest9556 |
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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 |
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It’s common sense lol Comment from : @joemilazzo7830 |
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He sounds like Darth Vader when he inhales and exhales Comment from : @CarlaQuattlebaum |
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See people saying I need a family car nothing wrong with a 2001 Toyota Camry Comment from : @bobtailsquid |
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10000 truck lol that’s a flint stone car Comment from : @cardiiiiii |
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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 |
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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 |
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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 |
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Smart grandpa! Comment from : @matyasfegyver2898 |
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I dropped over what I make a year on a used car🙄🤣🤷🏼♂️🤦🏻♂️ Comment from : @Boostisablast |
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“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 |
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vee hick ull Comment from : @leesmith9299 |
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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 |
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A car is a tool, once people start calling their car a vehicle I know they got ripped off Comment from : @JoeBlunt |
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instructions unclear, building car out of wood and used nails Comment from : @faradaysage15 |
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What is the point of money if you never use it and die a multi millionaire Comment from : @mb5777 |
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Dave Ramsey gets his opinions and mouth from his grandpa😂😂😂 Comment from : @jgentertain |
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What car ever goes UP in value? Comment from : @mileshaeberle566 |
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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 |
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I’ll keep my 2010 Corolla until it lets me down Haha Comment from : @polloloci21 |
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Public transit - with my chin high I could care less Comment from : @kjtimothy |
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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 |
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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 |
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Buy a used well taken care of jaguar Comment from : @PistolPete14 |
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Grandpa Ramsey wasn't about that "show off" life Comment from : @itsbiju |
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Glad I don’t like luxury cars Comment from : @sportsMike87 |
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Had to get it off that number my boy Comment from : @BoydsBowling |
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If it was not for my super frugal grandma my father and his siblings would not have had an inheritance Comment from : @Iworkwithnitwits |
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Americans are obsessed with cars Comment from : @karlabritfeld7104 |
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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 |
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How in the world can you afford $26k in vehicles making 40 something grand? Comment from : @zachg3069 |
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He is right In my industry the apprentices driver better vehicles than the journeymen Comment from : @donaldrichey3318 |
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This theory was true until 2021 came rolling around Comment from : @bluestateconservative4118 |
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Great story at the end Grandpa was right I've made so many mistakes as well Comment from : @keithclark8030 |
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That story with your grandpa reminds me of that song, "Daddy Never was the Cadillac Kind" Comment from : @SuperBabyBuffalo |
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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 |
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That's why you buy a Tacoma or a Subaru🤣 Comment from : @eeleye4 |
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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 |
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Us construction guys spend WAY too much on our trucks Comment from : @BrendanEvan |
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If you work daily your work vehicle IS your daily vehicle Comment from : @STR8SICCC |
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Unless you have a Lamborghini, no one cares what you drive Comment from : @trevor3575 |
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That right there is a great story Comment from : @nickschneider774 |
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What if your hobby is four wheel driving and off roading Comment from : @jmx318 |
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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 |
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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 |
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Lol I love Ramsey’s grandpa “That’s dumb” lol Comment from : @samiradanesh2726 |
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I was about to get this hellcat but I'll settle for the V6 for now Comment from : @FireantzBlaze |
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But I love cars Comment from : @matemarijan3795 |
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Hey guys! Comment from : @cade8986 |
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I rather travel and live well than die a millionaire Comment from : @AR-ok4gg |
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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 |
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Under da sea Comment from : @SpeedfreakUK |
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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 |
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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 |
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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 |
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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 |
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Poop Comment from : @noahmason4772 |
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Poop Comment from : @noahmason4772 |
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You only live once and you can’t take your money with you Comment from : @FOT2010 |
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the ad in this video is for financing a Hyundai Comment from : @Ambslem |
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My grandpa always said “don’t invest in anything that rusts” Comment from : @LoamerMTB |
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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 |
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Dave what if I’m a massive car nerd and need to have fast and expensive cars in my life Comment from : @JJmccarthy69 |
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Half of netto or brutto? Comment from : @Pimpriq |
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Wanna ask his thoughts on this in relation to using your car for business/ airport livery etc Comment from : @SisyphusJP |
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Sounds like the call reception was IN a salt late Comment from : @Anon_Fox |
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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 |
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You can still buy nice cars just buy used 4 years old Comment from : @MegamanTheSecond |
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20k truck on a 41k income Comment from : @Eoin_D |
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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 |
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How do i get in a call? Comment from : @Rice2G |
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My car was more than half my monthly income Did I get that wrong? Comment from : @zipskippy433 |
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"that's dumb" thank Ramsey! Comment from : @raulcollantes182 |
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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 |
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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 |
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Grandpa always said a man well prepared is better than 16 unprepared men Comment from : @stevencole7331 |
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I’m so glad to get my score updated successfully you are the best cyberstoneoline 15125220557 Comment from : @falopinsta6361 |
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I make over 100k a year and don’t even own a car Comment from : @justinfrias9030 |
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