How Much Should We Spend on a Car?

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Title	:	How Much Should We Spend on a Car?
Lasting	:	8.55
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Views	:	191 rb

A car should last 15-20 years, NOT ONLY 5-6 years, are you brain dead?
Comment from : @LogicalPsychopath

I’m a mechanic by profession I drive a 2018 Audi TTrs as my daily over 120,000km in Canada’s extreme weather and never had a problem with it 7 years now
Comment from : @kushing8

Taking it to a dealership for an inspection is terrible advicebrAlways find a good independent mechanic to do your inspections
Comment from : @jasonfields2793

In 2018 I bought a grandpa VW Jetta with 17000 Miles for $ 12000 ( paid cash ) ! Now in 2025 the car has only 100000 miles never had a problem Awesome deal for me !!
Comment from : @funkmixer7767

Dude is the youngest boomer alive “Get on the google” 😂
Comment from : @CitAllHearItAll

Do if ik make 90k before taxes, I can have 45K in cars? OMG I’m doing great with 2 cars worth 15k combined😅brbrGreetings from the Netherlands
Comment from : @afca-1443

I swear, if all dave says is to pay off debts and have an emergency fund first I’m gonna unsubscribe
Comment from : @MKB1L

Is this rule before or after taxes?
Comment from : @blueskyhorsemanship3068

When they say 120, they mean net or gross?
Comment from : @aliebadi370

How much should I spend on a car what ever you want
Comment from : @Paul-zi5gj

Me and my wife have a 100k/year income & own an apartment (worth about 150k) Can we afford a 15k car, if we pay cash for it and not from our imergency found?
Comment from : @rauliciii

The answer should always be: "No more than $18,000 for a sedan or $25,000 for a pickup" Those are the cheapest sedans and pickups you can buy (new), and frankly you don't need anymore
Comment from : @cosmomontanaro5759

$0 Ride the bus Flex the inflatable bondo when you get to $1M
Comment from : @Cris_Morales_CR

Are you referring to a 2018 cadillac escalade as far as electrical problems by any chance?
Comment from : @Diggler23

Bought my car new Drove it for 11 years Took very good car of it Put roughly 5 k into it for repairs the last 3 years Drove it another 6 months and the engine blew at 168k miles
Comment from : @BirdDogey1

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>
Comment from : @AudraZapoticky55

I got so mad at high car prices that I bought a $10k beater rather than spending $10k too much on a car which, in retrospect, is more like emotional-Scroogery than rational thought 🤣
Comment from : @Reaperman4711

Ken is talking about Toyota lasting forEVA🥰
Comment from : @BrianaBudgets

Pre-sale inspection Great advice!! Thank you!! ❤
Comment from : @wendyinegbenedo1307

Do you mean 50 of income before tax?
Comment from : @barrykelleher5009

Find a nice 1/2 owner car with records, and a clean carfax if your going the used route 👍I like to buy new, and stay in the warranty! When the warranty is up, buy another new one! You can still get good money out of your car being the original owner, and service history
Comment from : @toddbenfield6546

Car’s value can’t be more than 50 of your salary? That’s the least Ramsey thing I’ve ever heard I would have expected 25
Comment from : @AtactHD

I paid off my mortgage and I have cash to buy my dream car but now I am debating if I should buy it 🤔 I am stuck on saving mode 😆
Comment from : @armandoweckmann5699

5:20 for those that dont know hes talking about german cars
Comment from : @ClaytonBridges

Doesn’t apply today
Comment from : @keb990

Anthony is handsome 🥵
Comment from : @fnln7263

I have 15k set aside for a car because mine has 200k miles on it now I’m on step four and am still tempted to buy a 10 year old car for a few thousand Sucks to buy a car right now but I think I need to calm the gazelle in me and go for something nice and reliable
Comment from : @Emophilosophy

Electrical problems with a new expensive car, he's 100 talking about Mercedes lol
Comment from : @this_time_imperfect

Is that 50 gross or Net of the car should buy?
Comment from : @trsingley

Buy it 100 in cash No interest Consider 15 to 30 of your income New is fine
Comment from : @KS-cl8br

Love it!!Great points guys!! Go with Toyota!! Very reliable! And good looking rides!!
Comment from : @Gmanautonut

50 Percent??? No!!!!!!!! Terrible advice Try 15 percent A 60k car is for a millionaire, final baby step I'm shocked
Comment from : @bucciconsulting

Please say the brands to helps us please
Comment from : @rafaeltorres-rivera1669

Ken was deeefinitely referring to Mercedes, BMW, and Audi!
Comment from : @stocksxbondage

I don't mind too much the maintenance stuffs, because Im a licensed car mechanic and I can fix my own car But I love this video, gave so many pointers on buying my next car!
Comment from : @SweatSquad31

Why would she need to call in to ask this? It’s pretty simple you have 50k saved up and make 120k a year you can afford a 27k car lol
Comment from : @heismanhighlights5123

It’s always interesting to see all the investing gurus tell people no matter how much money you have or make to buy a car under 10k It’s ok to enjoy the money you’re making It’s the reason why you wanted that much!
Comment from : @thelounge243

Some cars suffer from planned obsolescence
Comment from : @Lemonspeppasteppa

I’m a car guy so I’d rather eat ramen and clip coupons so I can afford a nicer car My M3 was paid off in cash but it took many years of saving up One strategy I use is to take advantage of dealer finance if it’s lower than your rate of return for investments, so your investment income can cover the interest/car payment
Comment from : @SlyEvoIX

$17k or $27k the price doesn't really matter because it could still be a lemon Get the least expensive one its going to do everything the more expensive one will do just fewer toys
Comment from : @oldfordman68

1:39
Comment from : @kiranrpillai1949

It blows my mind when people think they need to spend 20k to get a reliable car Some of the best cars I’ve ever had were 4-5k
Comment from : @billyaiello9022

Aka Buy a Lexus not a Mercedes
Comment from : @micahrichey5335

That's what Dave generally Teaches bro "We teach "
Comment from : @RSPerformance-RS3EVO

10-20k max
Comment from : @everss02

German cars lol just say it dude Chevys, fiats, are also garbage Toyota, Honda is the way to go
Comment from : @xhorizon0819

I’ve had 15 cars once I buy a car it’s until it’s run to the ground I’ve never sold a car on 😂
Comment from : @DannyGmusicc

My work provided housing including maintenance and utilities, plus little things like internet How do calculate my relative annual income due to the fact the a lot of what most people spend on don't come out of my pocket
Comment from : @gregsmith-windsor6591

I think both 17k and 27k is too much It's just a Car
Comment from : @PracticalTacticalSheepDog

Half of their money on a car? i would feel 1/4 would be better? Would feel better with 100k in the bank and spending 25k
Comment from : @acorntree404

If you want a good, reliable family vehicle of around $27K I would stick with the Toyota brand and look into a 3-5 year old Toyota Sienna or Toyota Highlander Both are very nice to drive and have Toyota's legendary reliability For example, my good friend has a 2004 Highlander with well over 200K miles on it and the vehicle still runs great because she actually keeps up with the maintenance on it and Toyota maintenance is fairly inexpensive
Comment from : @donaldwilson2620

Give to the poor?
Comment from : @JoseHernandez-xy8mj

I could buy 5 cars with that money and rotate them
Comment from : @JoseHernandez-xy8mj

Depends on your circumstances but if you're a single person as little as you can get away with Just buy something reliable 2nd hand like Toyota or Honda and run it into the ground
Comment from : @ianrobinson4200

Get a Toyota or a Honda Make this an easy choice
Comment from : @mrspeyside5240

I would have loved to see these questions:brbr1 Why they want a new car?br2 What other cars do you all have?br3 What car are y’all thinking of?
Comment from : @TheWellingtonExperience

My issue with the advise is this They should be saying to look for a great deal For example I purchased a 2019 Ford F-150 XLT for $27,000 with 16,000 miles That is about the price of a 2016 equivalent with 30,000-45,000 miles If you eliminate the new/ 1 yo/ 2yo from your search your blinding yourself to potential value I say search everything far and wide while keeping your criteria in mind
Comment from : @182hono

toyota
Comment from : @ianbrown5924

How much does a presale inspection cost?
Comment from : @mheninger99

NissanbrDodgebrJeep
Comment from : @filipinocanadianbrotvchann3855

What are some of the reliable cars low maintenance priced $10-15k max? Asking for me
Comment from : @RevelationRuth

I would say calling the dealer is the worst thing to do They never admit what their brands faults are or what to expect to pay for maintenance Unless you’re talking about oil changes for the year Your best bet for investigating is find a community run forum for either the specific car or the manufacturer
Comment from : @LoneWolf1985BK

I know what Dave says but we are going to buy a new one next Our first car we bought was 22 years ago and it still runs ( most the time ) but it's too big and unwieldly for me now ( a Crown Vic ) and his truck is 19 years old We only need one vehicle now so we are going to get a small SUV and run it til the wheels fall off We'll get an end of season one but new ones come with good warranties nowadays Yes we will pay cash and we can spend 37 on it LOL that was almost what we spent on our first house We don't invest anyway we just buy IRA's
Comment from : @mandysimmons2769

Well built, look nice, but have electrical problems Hmmmsounds a brand that rhymes with Tercedes
Comment from : @JohnBowl14690

Cheapest? $200
Comment from : @Whenthehooddrops

Most I've spent on a truck? $5400
Comment from : @Whenthehooddrops

I'm trying to convince myself to buy a new/newer car I've been driving the same 89 firebird for 22 years now, and a 2000 neon for 14 years They're both about done
Comment from : @Otherj3839

Used is the way to go👍
Comment from : @elle70096

I own a 2003 Acura 32 TL Type S it has 275,000 miles on it and I’ve only done oil changes, tire rotation and changed belt once brThese cars run a long time I have no debt and I make $60,000 a year Never pay more than $10,000 for any vehicle!
Comment from : @Focused-ni9qh

Attention all people who enjoy cars and use them as a hobby: this comment section is not for you It is for those who see cars as “transport”
Comment from : @brendanschriber3242

It is not her only car All motor/wheel stuff should be less than 50 of annual income
Comment from : @ElijahHunter77

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Comment from : @parkerhelen2987

Only Dave2638t on Instagram got me 25 BTC after reaching out to him on IG all others scammed me
Comment from : @tatianaeve559

So? What are the three cars I need Not to invest in?
Comment from : @amirdennis3057

Yeah guys, we're gonna need a list of those good cars Honda, Toyota, Subaru? Spill the beans
Comment from : @ericson0504

Dave, apparently, is a BMW geek Don't, unless you are rich Other brands? Most are trash Check out Scottie Kilmer on YouTube Solid honest car advice
Comment from : @garykronenberg3488

I don’t get the vibe that ken is a car guy
Comment from : @Suhhdew

Three cars I know for sure you should stay away from if you value your moneybr1 BMWbr2 Mercedesbr3 Audi
Comment from : @302ec

Get a used Corolla Reliable and runs like a clock
Comment from : @canceraxe1447

An excellent YouTube channel about cars and which cars are more reliable is The Scotty Kilmer channel brAlso I would not take the car to the dealership that makes the car, but rather an independent car mechanic that works on several brands of cars not just 2 or 3 brands for the presale inspection brYou may have to pay that mechanic $100-150 fir a presale inspection, but it’s worth it
Comment from : @akidwaimd

I had to laugh when he said she'll be driving it for 5 or 6 years I drive mine for decades
Comment from : @AmandaHugenkiss2915

why not getting a new car for 27k? you can get a smaller new car with no hesitation you can find a great car under that price 27k in new cars is the same price point of a luxury car used which would depreciate about the same and luxury cars maintenance is higher I get suggesting no new cars for people who can't really afford it, but others should be good to go for that price get a new Hyundai, Kia, Toyota, Honda they have all the features and the maintenance is good to go the advice at this time makes no sense
Comment from : @briansosa3744