Everyone who bought Tesla stock: "Yes"

@vanbeek62

3 жыл бұрын

Haha how did I know I'd see you here :) you scoundrel

@willvice3998

3 жыл бұрын

🤣🤣🤣🤣

@rj8u

3 жыл бұрын

Buy Options for Tesla for 50K then sell it by the end of December then you could have fully paid for your Tesla model 3 and profited atleast 30k after 😜😆👍.

@buildyourfuture5649

3 жыл бұрын

Cannot wait until Tesla’s pay themselves off with FSD and/or VTG

@Tupacca10

3 жыл бұрын

I almost hate how accurate this is.

IMO, everyone should buy a Tesla ....since I’m a Tesla stockholder

@arvinsingh8925

3 жыл бұрын

Hahah same. We just hit all time highs today. Congratz to us

@blackholefalling4802

3 жыл бұрын

I hold the Ark Robotics ETF so I agree lol

@JugsOnMySack

3 жыл бұрын

Girl: hi what is your name? Tesla stock holders: I own x amount of shares of tesla

@Minte123

3 жыл бұрын

XD

@TILLEYJS

3 жыл бұрын

Me: you're a monster. Also me: I like the way you think.

Dave says the louder the muffler the better, this man then tells him he wants a silent car 😂

@Devinfrbs

3 жыл бұрын

They do sell exhaust sound generators attached to fake exhaust pipes for teslas lol

@carolea7158

3 жыл бұрын

@@Devinfrbs ugh oh no

@ConoceConYunis

3 жыл бұрын

he can get an after market wireless muffler.. lol

@Cbv1914

3 жыл бұрын

@Ayawrxsti attached to his mouth so he can make turbo noises? LoL but based on your name turbo flat4s make some amazing sounds. Owned a 05 for 10 years

@Devinfrbs

3 жыл бұрын

@Ayawrxsti I had a 2015 WRX. The sounds were a symphony.

Imagine if he put that 50k into a Tesla stock instead

@privateprivate8366

3 жыл бұрын

Yeah, on one end it’s like YOLO and, on the other, it’s like, OH depreciation, even if used, and possible dollar deval later, too.

@mattao18

3 жыл бұрын

My favorite KZreadr discussed how he bought his first Tesla in 2017 for $90,000.... which if invested in Tesla stock would today be about a million dollars, which is crazy to think about. Thankfully he's bought plenty of stock as well and is doing fine but yowza its hard for me to make expensive purchases wondering what that money in the right stock would be instead. lol

@Shiroyashasama

3 жыл бұрын

@@mattao18 exactly! Your friends coulda had millions

@privateprivate8366

3 жыл бұрын

Craig R yeah I’m not in those shoes. I’m older with an emergency fund and will not likely recover from the recession so, things may be painfully clearer for me. But, with talk about possible dollar deval coming up, whatever anyone has may not be anything. I hope that’s just a weak theory.

@Unb0rnify

3 жыл бұрын

Yeah which is why in situations like these, financing the better option

Been watching Dave for years. Instead of buying a Tesla in Nov 2019, I put that money into TSLA.... that investment has allowed me to buy a house and the car, cash

Dave: Vroom, vroom Caller: It’s a Tesla Dave: Oh..... (his face expression) 😂😂😂

@Lilbit2215

3 жыл бұрын

,😂😂😂😂😂😂😂😂 he wasn't ready

I've had my Model 3 for 2 years now. Paid $50k for it and it values at $45k today, they hold value really well and I get free software updates which give me every brand new feature the most current version. I begrudgingly bought brand new and now have zero regret.

@bindingcurve

3 жыл бұрын

Really? I was on the Tesla website and a low mileage used goes for less than that INCLUDING FSD. Who is going to give you 45 for a private sale?

@riverdaletales8457

3 жыл бұрын

They still go down though so I would still not buy ....

@bindingcurve

3 жыл бұрын

@@riverdaletales8457 All cars go down in price with few exceptions. Tesla's are weird as the actual quality has been improving and the older 3s are holding their value.

@anthonyreynolds2365

3 жыл бұрын

@@riverdaletales8457 All cars do. Tesla's happen to always held their value best throughout their life though. In an unprecedented manner may I add. A dumpy 2012 Model S STILL goes for $30-40K used with less than 120K miles which please don't buy those for anyone that might be reading.. lol. A used BMW or Merc for 100K goes for $20k and likely less at that age. Tesla finds a way to defy all normal rules somehow.

@blackworldtraveler3711

3 жыл бұрын

You’re trying to rationalize a depreciating asset. But do whatever it takes because you bought it not me.

“Model 2” 💀

@adamgronvold8608

3 жыл бұрын

Could become the name for the 25k car they're working on. 🤷‍♂️

@quick-and-easy

3 жыл бұрын

Actually Tesla's and EV's in general have the HIGHEST depreciation so buying a used one makes better sense.

@blackholefalling4802

3 жыл бұрын

@@quick-and-easy You are saying Tesla's have the highest depreciation so you should buy it new?

@blackholefalling4802

3 жыл бұрын

@@quick-and-easyI think you meant lowest depreciation?

@JD-yx7be

3 жыл бұрын

@@quick-and-easy nope it is internal combustion is the highest depriciation

Dave thinking that there is a used Model 3 for 30K :O

@abrahamw88

3 жыл бұрын

I’m seeing lots of used model 3s for around $35k

@DewTime

3 жыл бұрын

@@abrahamw88 $35K is not $30K

@abrahamw88

3 жыл бұрын

@@DewTime you are correct. But it’s close.

@Digger-Nick

3 жыл бұрын

@@DewTime Let's see. So 35k is less than 100k, which means it's closer to 50k, but under 50k and almost halfway to 0k, so it's practically free.

@tommysutton719

3 жыл бұрын

@@abrahamw88 they start new at 37k

Nothing is more wholesome than using a Tesla stock to afford a Tesla.I'm doing the same😊😊

@markluke335

3 жыл бұрын

spread your money among different asset categories Like BTC and stock , then further allocate those funds within each category.

@moratafred7209

3 жыл бұрын

BTC to me present the best opportunities, more so considering the price.they are still somehow flying

@andreaslyon1661

3 жыл бұрын

100% agree with you on BTC

@robertwilkinson9564

3 жыл бұрын

Someone has done their withrawals.scooped up 3000 with $500 worth of BTC at close Friday

@alonsoemerson7231

3 жыл бұрын

@@robertwilkinson9564 i ended up getting mine at $10,000.i'm just going to hold till it blast to $20,000.

The 2012 Tesla’s still sell from 30-40k.

@samiamor3955

3 жыл бұрын

You can get them for as low as $23k

@alexlechef2

3 жыл бұрын

Its a 60-80k car to begin with

@Stretch1812

3 жыл бұрын

I got a 2016 tesla model s for 49k with 30k miles. Feel like the 2012 ones should be around 20k at this point obviously depending on miles/damage

@DewTime

3 жыл бұрын

That’s not the same car though, that’s a model s

@ramsaybolton7464

3 ай бұрын

This comment didn’t age well

Lol I love how Dave prefaces with loud engines and the guy wants a Tesla.

@bighands69

3 жыл бұрын

Tesla is a beta male car.

@JB-kx9bx

3 жыл бұрын

@@bighands69 lol ok troll. Teslas are faster and more reliable than cars of similar cost. Not to mention the reduced cost of charging vs gas. When you're at whole foods picking up kale amd avacados you can charge for free.

@chelsiestinson9494

3 жыл бұрын

@@bighands69 I think you misspelled Alpha. As they as point and laugh and then force you to get rid of your polluting pos.

@bighands69

3 жыл бұрын

@@JB-kx9bx Do you drink soy milk as well and cry with your partner after love.

@bighands69

3 жыл бұрын

@@chelsiestinson9494 No real man would be seen in an electric toy. And the irony is that many of you probably think it will save the environment.

They should probably learn a little more about Tesla.

@hamSAH713

3 жыл бұрын

wdym, they depreciate too?

@owascoshaw

2 жыл бұрын

The principal is still the same. So no they don't

@1975brett

2 ай бұрын

⁠@@hamSAH713WTHIWDYM?

his voice sounds like a teenager i was surprised when he said he was 32

@AngelTechno

3 жыл бұрын

They're some people that don't sound their age, it's nothing new.

@And1one757

3 жыл бұрын

Thats what i thought

@DewTime

3 жыл бұрын

Same I thought he was 21 lol

@PS2Damon

3 жыл бұрын

@@AngelTechno well I haven't met a lot of people that have a voice that sounds half their age. not everybody has the same experience as you. also There*

@sdmfp333

3 жыл бұрын

Low testosterone

Used Model 2? 😂 Sorry Dave... You're out of touch when it comes to Tesla.

@sfgox10

3 жыл бұрын

He prefaced that he was

You're killing me Dave. Somebody let this guy borrow your tesla for a day already.

@chartuck

3 жыл бұрын

Dave thinks Tesla is too hipster I'd bet. Yet, a Tesla will smoke probably anything he owns on launch

@findingnory

3 жыл бұрын

@@chartuck you guys are so mad lol!

@egs2169

3 жыл бұрын

Dave is super ignorant with Tesla. If he drove one he would love it.

@bighands69

3 жыл бұрын

@@chartuck Tesla will not smoke anything on a track.

@chartuck

3 жыл бұрын

@@bighands69 anything?

The model 2🤣 I’m dead hahahah

Emotional Maturity doesn't correlate with age, it's overcoming obstacles & challenges in life...

I wouldn’t spend half of my cash on a car. It’s a no from me.

@dcamnc1

3 жыл бұрын

Agree 100%. I also have about 100k liquid, and there's no way I'd drop 50k on a vehicle.

@blackholefalling4802

3 жыл бұрын

Agreed

@findingnory

3 жыл бұрын

He's not just spending half his cash. He specifically saved for the purpose of buying this car. It's fine. He will likely drive it for at least a decade given he's driving a 13 year old car now.

@cybertrk

3 жыл бұрын

What about 1% financed and use your personal money and throw it on Tesla stock :)

@joetyler835

3 жыл бұрын

I see you on every finance/investing video. Hustler

Tesla’s don’t lose half as much value as other vehicles when bought new.

@Teejaye1100

3 жыл бұрын

For now, but it won’t be like this for long. Once the bottle neck of the supply loosens up by the end of this year and if Elon opens up those other 3 manufacturing plants, they’ll start to depreciate more.

@Hollowendz

3 жыл бұрын

@@Teejaye1100 yea but now he is good

@Teejaye1100

3 жыл бұрын

@@Hollowendz It’s a marathon, not a sprint.

@ericchen8871

2 жыл бұрын

Except is more than brand new right yikes

Model 3’s don’t depreciate much, so for many people buying a new one is a better option than buying used.

@mocheen4837

3 жыл бұрын

Used ones sell for almost as much as a new one. Better to buy a new one.

@deej628

3 жыл бұрын

@@mocheen4837 you get fsd though on used so if that’s a huge factor used may be a better option.

@illlDCllli

3 жыл бұрын

@@deej628 you can also get fsd on a new one.

@TheHawkeyes

3 жыл бұрын

fsd is currently a 10k option, which is 5k more than it used to be. They're talking about doing a subscription option at some point in the future, but haven't done so yet.

The depreciation curve on a new Tesla is a lot lower than a regular car fwiw. Since they're still supply limited sometimes you may not even take a hit in the first year.

@blackholefalling4802

3 жыл бұрын

Yeah and because they use significantly less moving parts, so milage wear is not as much of a factor as on ice cars.

@bindingcurve

3 жыл бұрын

That was when you could not get new ones. I can custom order on right now for delivery in 3-6 weeks. If I was going to buy one it would be a used 3 RWD long range with 10K miles for 44K. That's bout 30% less than a new long range with FSD. But I don't drive enough to justify one.

@DavidJao

3 жыл бұрын

@@bindingcurve You are correct. Dave doesn't know anything about Teslas. If you know you want FSD, then you can get a good deal on a used Tesla. But if you aren't getting FSD, a used Tesla isn't a good deal, because all of Tesla's inventory of used cars now come with FSD and are priced accordingly.

@angelikalaser7778

3 жыл бұрын

You will still lose couple of thousands. Lets say I want a tesla, I can buy one new for 50k or a one year old one for 48k. Personally I would put 2k on the table and buy a new one. 5-10k difference however, yes I see that

@bighands69

3 жыл бұрын

Replace the batteries and they will have massive depreciation.

“I want to be middle class my whole life.” Sounds pretty good. More than many could hope for.

dave ramsey should now have an official segment for tesla callers

@blakeramsey3373

3 жыл бұрын

Dave Ramsey is officially the least qualified in Tesla knowledge to have a Tesla segment XD

The depreciation on a Tesla is much less than normal cars.

@dogguy8603

3 жыл бұрын

Also he is paying in cash, no debt, and he will probably keep the car for his lifetime or till it dies, let the man buy a custom tesla!

@chrisreynolds6391

3 жыл бұрын

There seems to be a scarcity that helps Tesla's hold their value but even if they don't depreciate the out of warranty maintenance should be similar to other high end cars. Batteries, tires, switchgear, windows, electronics, cooling systems, suspension. All that stuff wears out just like a normal car. And insurance on a Tesla is through the roof! Tesla won't even loan you a Tesla when your Tesla needs repair. They give you a like a Hertz voucher.

@philipmeisterl

3 жыл бұрын

@@chrisreynolds6391 thats true the problem is buying a used car is normally good but buying a tesla used is basically useless its the same as new

@mokshavortice

3 жыл бұрын

You should never look at a car like an investment they are all net money drains.

@bindingcurve

3 жыл бұрын

Al lot of that has to do with the fact that Tesla includes the full auto driving upgrade on the used models, inflating the pricing

Maybe you should just buy a used F-149 Ford pickup, because that is a used one, right? 😂😂😂

@ProfessorFickle

3 жыл бұрын

under rated comment. Edit : misspelling

@edgaruriarte

3 жыл бұрын

@@ProfessorFickle🐀

They are so clueless. They need to go watch a few videos online about Teslas. He said they lose 60%-70% of its value in the first four years, that’s not even remotely close to Tesla’s depreciation. Come on!!

@connormueller1944

3 жыл бұрын

He’s giving advice to a massive audience. Not everyone will be buying a Tesla

@DC45193

2 жыл бұрын

@@connormueller1944 exactly

As a tesla owner, Buying a used tesla vs a new has some drawbacks. The older ones have more issues that Tesla had to work out over the years that are not existent or less common in the newer models. And the newer the Tesla the longer the hardware will be able to handle all the new software updates you will get overtime. I personally would not suggest buying a tesla older than 2019 year. Teslas are also an exception to the depreciation rule. They do lose value, but much less in comparison to ICE cars.

@samg5543

Жыл бұрын

As as the prices are going up lately, the used ones are also moving up and making your purchase not be worth as little.

This caller motivates me to start my 2nd gig. I took a 1 week break from it.

I love Dave Ramsey. I could listen to his voice for hours he’s so calming and smart!

@tockblade

3 жыл бұрын

Don’t forget egotistical and out of touch. Take what is useful and leave the rest.

Come on Dave, used Tesla’s with 40k miles cost like the same

@JohnDoe-fs6lz

3 жыл бұрын

Facts

While tesla's are awesome, things to know: Battery needs replaced in 8-10 years You will go thru tires about 25% faster, due to the weight.

@AlainSTO

3 жыл бұрын

Also build quality isn't quite as great.

@innocentrage1

3 жыл бұрын

Battery depends mostly on miles but also most people keep their cars less than ten years. Also tires wear out about the same as any other car. Also no oil changes or the major components of ice cars so very little in repairs. I own a Tesla.

@ProChaos514

3 жыл бұрын

@Beelzebot Well...i mean...everything does have a limited driving range.... just saying lol

Keep driving that 2007 Camry.

@lilflexlewis5802

3 жыл бұрын

FACTS

@leadnsteel1428

3 жыл бұрын

Yeah buying a new car is great at first but then the novelty wears off after a few years

@MiguelRPD

3 жыл бұрын

Yeah, just replace the head unit with an android auto/apple carplay and now it'll feel like a new car.

I'm a huge Tesla fan, and shareholder. That said, some people go a bit overboard on the theoretical math of Tesla ownership vs traditional gas vehicles to justify the much higher spend. Would take many, many years to break even on gas savings if you're comparing a Model 3 to a higher trim conventional (non-luxury) sedan. And yes, fewer moving parts on a Tesla for issues to come up. But issues still come up on the parts that they have, and it's typically marketed as if all other vehicles have constant failures all the time, which is typically not the case, especially w/ certain brands.

@BRBallin1

3 жыл бұрын

I’m on my way to get a Model 3 once the pandemic is over and I’m only buying it for the quick acceleration and smooth quiet ride. If not for a Tesla I’d spend $30k used car instead of their $50k Model 3 AWD. So I’m not even worrying about the gas savings. The gas savings are not relevant in the $40-50k price range because if you’re worrying about saving on gas you’re better off buying a car for $20-35k

@bighands69

3 жыл бұрын

@@BRBallin1 Only buy a $50,000 Tesla if your savings are in excess of $400,000. If you have $200,000 saved then you should be buying a $20,000 maximum car buy which will get you a nice second hand car to drive.

Girl: Hey Dave, my husband just cheated on me, what should I do? Dave: What's your household income? Girl: Hangs up phone.

@NotShowingOff

3 жыл бұрын

That’s not a bad way to start the conversation.

@labornurse

3 жыл бұрын

Need to know if u 2 can afford a divorce or not.

@BlessedYoungSoul29

3 жыл бұрын

Armani Byrd 😭🤣😂🤣😂

@marybetheby5184

3 жыл бұрын

Hahaha!🤣

@zinoklahoma343

3 жыл бұрын

😅

Dave should really learn about Teslas, as he keep getting calls about Tesla Used Teslas Model 3s are not much cheaper than new, better to buy new

@craigb3154

3 жыл бұрын

For now they are holding their value. That is for sure. However as more and more options become available to people they won't be holding their value like they have been.

@bindingcurve

3 жыл бұрын

Tesla slips in Full Self Driving on the used ones to keep the prices up. Fit out a new one with that $10,000 option and then bet back to me on the depreciation.

@riverdaletales8457

3 жыл бұрын

I would still buy a used any bit of money that you save is welcomed.

@mikenelson8377

3 жыл бұрын

@@bindingcurve then don’t add on that $10k feature. It’s really not that important. Get the standard plus and be done with it.

@bindingcurve

3 жыл бұрын

@@mikenelson8377 again Tesla adds it to all the used cars they sell. It costs them nothing to turn it on and they can charge more. You can buy from an owner, but they are not common because Tesla buys them for more than people are willing to spend without autopilot.

For 32, this guy is ballin

@rockwithyou2006

3 жыл бұрын

really? At 32 he should have saved up more than 100K. And for an Indian dude, a lot more.

*50% of your income or less for cars. But youd rather not. Cars come and go every year. Think about it*

@PassportGaming

3 жыл бұрын

The model 3 has been around for 3 years and doesn’t plan to go away

@rickybobby9840

3 жыл бұрын

With a million mile battery...I’m not too sure Tesla’s are going anywhere

Such good advice!!!!

Thank you Dave for reminding me that I do not want to be middle class my whole life. Got 2 car loans and some student loans left to pay off and I’ll be happy when they are done!!

I thought I heard the Model 3 depreciates about 10% in three years. The other models are like normal cars (about 30-40%). But for fun, instead buy $50,000 in Tesla stock and sell it in 3 years, and see what you can buy then.

@Henrik357

3 жыл бұрын

Tsla is way overpriced

@R._L.

3 жыл бұрын

Sounds like a plan. 🙂

@HughesEnterprises

3 жыл бұрын

Might get a low mileage Geo in three years.

My 200,000 mile car keeps having minor breakdowns, but it's actually kind of fun repairing the little problems, it's like repairing a lego set - granted I have decently developed mechanic skills. It's nice not having a car payment although the parts costs money....

@JTstratman13

3 жыл бұрын

Agreed as long as you don’t end up stranded!

@matthewwilliams9200

3 жыл бұрын

people have the tendency of justifying bad decisions. so I'll be stranded or unsafe or i have 2 kids and need a 10 passenger 100k suv. rule of thumb just be smart and ditch the tendency of emotional decisions.

@blackholefalling4802

3 жыл бұрын

Is it a Toyota, Honda, or Mazda?

@randallanimal

3 жыл бұрын

@@blackholefalling4802 Nissan

@blackholefalling4802

3 жыл бұрын

@@randallanimal Ah what year?

Great job Wiqas!

I have Tesla solar on the house but no Tesla yet still saving for one

@02nf2i

3 жыл бұрын

How do you like the Tesla solar roof? I’m interested, but it has horrific customer ratings.

@tockblade

3 жыл бұрын

I really doubt Tesla solar roof is in PR. It is barley in Ca

The DeLorean was one of the most unsafe vehicles ever made. I've always wanted one though. It crumbles like an aluminum can and the wing doors will trap you in a wreck like especially in a rollover. If your wreck lands on the roof, the wing doors can trap you in. My wife and I made a lot of money in Tesla stock today. Some people make so much money in Tesla, they buy a Tesla with it.

@bighands69

3 жыл бұрын

You would be better off buying a classic BMW, classic Porsche or classic Ford. Unless you have serious money it would make no sense to buy.

@CJ-wc6lf

3 жыл бұрын

@@bighands69 I agree! Not rich enough to throw money out like that on a DeLorean for sure. Have you thought about, or owned a Lexus. My wife and I just bought a 7 year old garage kept Lexus RX350. It still is a little knew, but a fraction of the price brand knew. It might have 80% life left in it for a quarter of the price brand new. A Lexus tends to go a lot of miles with little trouble.

The cheapest used model 3 I found was a 2018 for about 36k more or less. Might as well pay 1,990 more for newer and more efficient one.

Give the guy a break, he wants a Tesla, doesn’t spend gas or maintenance except tires and brakes. I’d probably go with a used one but even a used 1 year old Tesla is just as much as a new one still

@bighands69

3 жыл бұрын

A break. It will eat up most of his savings. What if he loses his job or the property market goes in a dive. Exactly what would he do then. I can guarantee you his stress would go throught he roof and he would probably want to unload the car. If he had $500,000 in the bank the Tesla would then make sense and be an easy choice for him but not with $100,000. Unless he means he has the $100,000 for the car and then a lot more saved for his life.

@blackworldtraveler3711

3 жыл бұрын

It gets maintenance. Thank goodness it has a warranty.

@mocheen4837

3 жыл бұрын

He can afford it. There are many people in the world not as well off driving more expensive vehicles. I went to BMW to pick up some oil filters and the car wash attendant there drives a $75,000 M3. I was speaking to him and admiring his vehicle. He said he leases it, but likes the attention that he receives from it when he pulls up to the clubs.

@anitaknight3915

3 жыл бұрын

@@mocheen4837 the people I know who have a BMW have had massive $ repairs. It seems like a money pit.

my parents got a model Y a year ago, and it’s one of the quickest cars i’ve driven. the acceleration is crazy.

@teresaalbin-davis4529

3 жыл бұрын

I have one too. Just upgraded the speed because it's seriously the most fun car ever...and practical.

Once again Dave says he know nothing about the product and then starts talking about which one and what model year you should purchase.

Dave has really trained his audience to beg for mercy😂😂😂🤣🤣

@jeffhurtado7805

3 жыл бұрын

Dang you’re commenting here too? Since subscribing I’m seeing you on every financial channel’s comments section

I have two minivans and one full sized van and payed %100 cash for all and all together they cost us $11,000. We just put a new transmission in one but other than that they have not cost us much to have. All three with all repairs we are still under $20,000 and we plan to just keep fixing them till the wheels fall off or we happen across another great deal. My wife is following their Dave FPU and she is very money smart, could get blood form a stone, and have always been a spender but now she has taught me how to manage better and I have learned a lot form dave.

Thank you, Dave Ramsey.

I paid $64k for my tesla in sept 2018 cash. If I bought the stock instead of the car it’d be $1m instead I have an amazing car that’s worth prob $42k. It’s a great car tho!

I'm just grateful to have reliable wheels & a job!

LOVE THE SHOW,😎 hate how loud the intro is 🥺

If you can get a great deal used and you understand they have had some QC issues - it could be a great vehicle for you as far as gas savings goes. I'm waiting for a Lexus plug in Hybrid with AWD. You also need to plan ahead for when you expect the battery to die. (The depreciation isn't bad, but depending on the model a Toyota/Lexus is better.)

Used is def the way to go!

@innocentrage1

3 жыл бұрын

Not with Tesla, you don't save that much on used compared to new because they hold their value very well

@bryan96467

3 жыл бұрын

@@innocentrage1 yep, looking to buy one. There's no point of getting a used. They're around the same price new. It's insane

@HoomerbirdG2

3 жыл бұрын

@@innocentrage1 because nobody wants them and you cant go far. I wouldn’t be home right now If I had an EV for today!

@innocentrage1

3 жыл бұрын

@@HoomerbirdG2 Your daily commute is more than 350 miles? Because that's how far you can go on one charge. You may want a new job.

@fransayswhat9813

3 жыл бұрын

Not sure if the firmware features transfer over to the second user? Might want to look that up

I calculated my running expenses for my plug in hybrid-with PGE electric prices vs current gas prices it usually costs MORE to run pure electric mode. Teslas are slightly more efficient but it is gonna cost ya regardless!

@anthonyreynolds2365

3 жыл бұрын

That's highly dependent on your area and living situation. We pay .18/kw and with charging tracked via TeslaFi, it only costs $60/month to charge my car. I have a 50mile round trip commute and it costed half in gas vs my Fusion Sport. ou also have a hybrid which gets 40MPG almost regardless how you drive it so that's a best case scenario for a gas engine to factor in as well and most don't drive PHEVs so most consumers aren't comparing to 40MPG. More like half at 20-25MPG. YMMV.

This is the third video I've seen from dave about tesla, I agree on his principals but I'm begging you do some research on the car.

Anybody asks me: “I found a super nice car. It has all these cool features. Should I buy..” Me: No.

@dannyv2230

3 жыл бұрын

Same. Set a rule that you never get a new car that has not depreciated. Never lease. And make sure you know it’s history of recalls and any problems it has had in the past. 3-5 years old civic is a great option.

@jhumph211

3 жыл бұрын

Yet they always ignore your advice and go buy it anyway :/

@anitaknight3915

3 жыл бұрын

@@jhumph211 yep and then complain with regret and tell you were right lesson learned.

Lately every call has hundreds save up, I feel left out.

@TheHoriginal

3 жыл бұрын

Hmmm. How do we know they telling the truth 😂

Interesting point- at least right now, Teslas do not depreciate that greatly.

I am more concerned abou battery replace on a financial transfer what do i do if battery needs change do i need to pay warrnty or do i pay or what?

F*ckin great outlook and advice man! Thank you ! 🤙🏾🤙🏾

I’m surprised Dave didn’t say anything about the mortgage on the rental property.

*Graham Stephan has entered the chat* 😁

if you buy the self driving option it will appreciate because later it can uber for you and make money

"one of the boats at the lakehouse" LOL

*Every caller asking for Dave's mercy before they even let him hear the problem. At least they arent in denial anymore* 😂🔥

Dave obviously does not know the value of a used Tesla and how slow they depreciate compared to traditional cars.

30k used will get you a branded model 3. Need at least 35k for clean title if it’s the right trim/color/etc

While the price per share is HIGH its like buying a piece of the future ...

Haven't checked you out in about a year Dave. Nothing has changed and that's perfect. I'm protecting my income, no new cars for me, no living excessively. I'm hitting financial independence around 40. Might work on and off for a year after that. I had a VERY nice car. Sold it for gain, bought an old Prius, cash. Slow car, slow down your mind, make the right decisions, it's kinda nice being responsible. Still a big fan over here :)

@oroville12345

3 жыл бұрын

Good Job and if you want to stay retired Don't get married....

@blackholefalling4802

3 жыл бұрын

Wow super glad for you. Just have to ask what was your old very nice car?

@nicholascherry5962

3 жыл бұрын

@@blackholefalling4802 It was an 04' 40th anniversary white Mustang GT, manual. Bucket seats, all leather interior. Mint condition. Drove it for 15k miles and made like $1500 off the sale lol. I probably spent all my profits on tires for it. Now all I want is an old Tacoma

@blackholefalling4802

3 жыл бұрын

@@nicholascherry5962 ah that does sound really nice, the buyer probably uses it as a cars and coffee car now

Dave, you need to test drive a Tesla.

@R._L.

3 жыл бұрын

Would love to see Dave's first impressions on driving a Tesla. 🙂

@j.l.salayao8055

3 жыл бұрын

Nope, once you drive a truck like ford raptor, you won't look for cars only trucks...and some might, but for truck owners most will agree. I have been driving diesel truck and gas truck and not interested on regular cars unless its a rental while truck is in service bay🙂.

have you allocated for fuel??? big cost savings

Dave must have a good team of lawyers for giving people advice on money. Most podcasters will just give advice freely because they can even though they aren't in Dave's financial situation

If this guy was with the program he’d already know the answer.

@isaacbarret3454

3 жыл бұрын

That is the same for every caller ever! 🙄🙄🙄

There is no "model 2" LOL

@BlueChrome74

3 жыл бұрын

Dave just knew what's coming

My suggestion is rather than new buy one just off its lease that is half the price, then take that extra $25K and re-invest it. You avoid all the depreciation in those first few years and that invested money will be worth more than the car is after a few years.

Is it 50% of annual income after tax or before tax?

Used model 3s are just as much as new hahaha

Buy a 2 year old Model 3? 😂 Dave and company don't know anything about Teslas.

@alp.9672

3 жыл бұрын

Exactly

These videos give me some kind of satisfaction

I got a boat and a camper...and it’s fun and rewarding every time I’m in my toys. But With both I only pay 250/month in payments.

A lot of people ask this question on this show

@mocheen4837

3 жыл бұрын

Dave should drive a a Tesla so he can at least know what people are talking about.

He doesn't need anyone advice lol he's doing good for his self.

The problem with the don't buy new rule with a Tesla is it's an electric car. Meaning half the value is in the battery pack, which is depleting with use. It's like getting a new gas car and getting half off gas for x number of miles. That will change the formula.

2nd largest yearly outflow of cash is a car, home is #1, food #3. I almost bought into the advertising propaganda 7-10 years ago... so glad I didn't. Around 6-7 years ago I started looking into the FIRE movement, and now I'm financially independent and going to work is an option. If you buy cars around 10 years old with low miles you can drive them for 5 years, and sell them for around the same price as your purchase. When it's sunny and beautiful you can go down to the beach, and if someone at work tries to pile on excessive work you can simply say no, or if you don't like a boss you leave. In fact, going to work can be totally optional once you saved enough. This is just scratching the surface of your true costs in buying expensive cars or wasteful / compulsive purchases. The real costs are your personal freedoms later in life.

Stick with the Camry - your future self will thank you.

@marcosacosta7809

3 жыл бұрын

Why do u say that when others say it’s good because it saves money cuz it’s electric

@markarbuckle8393

3 жыл бұрын

@@marcosacosta7809 because if he invests the money he could one day afford the model S or the roadster

Wow he sounds so young. 32 is still young

Tesla only makes sense if you Uber in heavy traffic cities.

Did a quick search. Used 2018 Model 3 tesla with 40k miles is 37k before taxes and fees so probably looks at about 42k. Only saving 8k.

@melainewhite6409

3 жыл бұрын

And of course with an EV from mile one the very expensive batteries wear down giving you less and less range and a huge maintenance bill to replace. Not so with an ICV.

Bro he said the model 2 😂

Feel free to yell at me 😄

when dave says he likes cars with loud engine and mufflers, the caller just wanted to say "hey dave nevermind...."

Needed to hear this :-) he most def can ...

People need to start looking at vehicles like they’re appliances. Use it for as long as you can and know that if and when you sell it you’re not gonna get nearly what you paid for it.

@mocheen4837

3 жыл бұрын

My old Integra Type R is selling for $50,000 now and I paid $24,000 for it brand new back in 2000.

@labornurse

3 жыл бұрын

@@mocheen4837 i would consider selling it now then. There is a 90s car nostalgia going on right now. I would be afraid of it changing with the new trend. Thats a great return on investment!

@fakeappellation7343

3 жыл бұрын

Thing is the car I have right now is not comfortable. Sure, I only use it to get to work and back from work. My first ''real'' car was a 2002 honda accord. I bought it for $4000 CAD in 2013. The dealer told me it would need a new oil pan. But every other month I had to go to the mechanic because something needed to be fixed. I ended spending $5000 in repairs in less than 10 months. Over the time I got the car, it cost me $500 per month. Then I bought a used 2013 impreza in 2015, had it ever since. The car is good but is not comfortable at all for long rides. It also doesn't have enough ground clearance for the canadian winters. 1 month after I bought the car, I got a hole in my front bumper because there was ice on the side of the road as I was giving enough space for a snow plow to pass. I mean knowing I work everyday and I can't even afford a new car sucks. I can't even afford used cars. Heck, a 2018 f150 lariat has an asking price of $38,500 CAD. 2015 4runners sell for $30,000-35,000 CAD. 2017+ colorados z71 sell for $32,000-35,000 CAD. That is just outrageous. Thing is, I already talked about money at work, and a female coworker got mad at me because I said I don't have the means to buy a house. She came to me and said ''I pay my house by myself, I had a daughter to raise, I sent her to a private school, I go on a cruise every year and I have a new car every 5 years. You need to learn how to budget. Want me to show you how to budget?''. Most people are living over their means and don't/can't understand people that are trying to live debt free. This having been said I would be lying if I told you there is not a week that goes by without me taking a look at cars available near me. But reason keeps me from wasting my money.

I'm not sure when this car was released. If only there was some technology on this desk we could use to access this information.

I agree with everything EXCEPT loss in value...my 2020 Tesla has gone down $3000 in value....and thats me driving it everywhere. I disagree from a drop in value standpoint....these aren't like average cars that depreciate.

2:27 a model 2 tesla?