This video needs to be retitled "how not to buy a truck".

Nobody let Dave Ramsey see this video. He might have a heart attack lol

@georgewilliams6328

3 жыл бұрын

I know right! He couldn't get qualified for any of the trucks on a dealership lot but he could definitely pay cash for the whole thing couldn't he lol

@chinooo3191

3 жыл бұрын

LOL I can already hear him yelling "Stupid!"

@wheresthej03

Жыл бұрын

Dave Ramsey will keep you poor and out of debt. Robert kyosaki will keep you rich with debt if you know how to use it.

@Accurize2

Жыл бұрын

I was thinking the same thing.

I would for sure keep the ram! its the thing that made me watch your channel and help me to decide for me to get a ram myself!

I appreciate your open honesty during this video, helps me decide what the best move is for me when it comes to getting a newer truck. I like those newer rams but if they say in 3 years it will be worth half i can wait

@MarkBrenner

3 жыл бұрын

Glad I can help

@Youngsta0

3 жыл бұрын

If you're worried about depreciations you should buy a cheap car or something, you're going to lose on a new vehicle everytime.

Should've gotten the 33gal tank because the Hemi's are thirsty!

Gotta be your “heavy foot” my 2017 with 35’s still gets 17.5 mpg. Did you correct the computer for the bigger tires?

I have the same truck 2021 group2 I was making 12mpg I just broke a 1000 M. Mark and now it’s making 15.6 at 60 to 65mph. Live in Chicago leased it 5000$ 550$ exact 1000. 3 years residual 39763$ and planing to by it love it

I love that satin finish, especially how it compliments the white headlights

I would recommend getting pre-approved on your next purchase. Getting PA will be more transparent with the interest rate. I got a 3.99 through the dealership/Capital One which I thought was too high for my credit score. You may get approved for a lower interest rate but the dealership will give you a slightly higher rate since that’s another way they can make money. One thing to note is that your vehicle is considered new if your under 7k miles so you can refinance your vehicle with a different credit union under a new car auto loan interest rate. At least this is true with Navy Federal. I recommend navy federal and their GAP is only $400. I refinanced and got a 2.29 two months after my purchase. I’ll never let the dealership finance me again after this experience tbh.

Sick truck! However, i saw “4x2” and almost stopped watching 😂

@mustang9549

3 жыл бұрын

Same. It’s not even a truck to imo if it’s not 4x4. I just stayed for the paint job.

@VictorMartinez-co3ds

3 жыл бұрын

Fuck so did I lol and his gear ratio is meant for towing, the 3:21 gears are for fuel economy

@chrisrob722

3 жыл бұрын

Meanwhile you're driving your 2003 Honda Accord 🤣😂

@This_Guy1

3 жыл бұрын

@@VictorMartinez-co3ds 2019 Ram 1500 Larmine Crew cab with the ram boxes, 3.91 gears, average out at 16.5mpg and i drive it pretty hard in the city

Nice truck man. How’s your car’s reliability?

Lovely paint job! I’m surprised your only getting 10 mpg. That seems kinda off as I have friends with rams like yours and they say they get at least 15. I love trucks but I will probably never get one as the prices are astronomical right now for what I want. I’m the type that if I can’t get what I want I won’t settle for something lesser 🤷🏾‍♂️.

You have the 3.92 rear axle… definitely drops the mileage… my first had the 3.21, second had 3.92, current has 3.21 & FOR SURE, the 3.21 gets at least 2-3mpg better overall… at 70mph, 3.92 tach was around 2k rpm…3.21 sits about or under 1,500 rpm. Just an FYI ✌🏼

My 2011 ram sport ,with new front coil and shock leveling kit by Bilstein, with 285/65/20 toyo at3 gets 20 hy, and 16.5 city, with lead foot. Nice truck though. My sticker was 54k in 2011

3.92s good for towing and accel but will get worse mileage than the 3.21s. Nice truck bro.. I have 3.21s and usually avg. 15.5 from city and hwy and I have a pretty heavy foot for accel

Holy crap, you have a 2WD too!

Interested in the new f150's or no?

Damn you paid that much for a 4x2? Your gonna be upside down again. Those bighorns hold no value

Bro, I'm getting 15.5 mpg on average (city driving 90%) with the same truck, lift, tire and rim size. Let that MSD kick in and coast it. Also, if you got a good deal...sell, but your RAM is mint and I bought my ReadyLift after seeing yours a few month ago.

Your fuel economy isn't accurate unless you remapped your odometer reading when you changed the tires out

I bought my 2020 Laramie 4x4 with air suspension, panoramic roof, ram boxes, without 12 inch screen $59,500 in April 2020 0% interest for 84 months plus $12k off MSRP. $51k out the door tax, title, tags. $610 a month

@slattery_bizz8533

2 жыл бұрын

What your credit score cause that's insanely good

@BigTex19

2 жыл бұрын

What is it worth now

@yrock777

2 жыл бұрын

@@slattery_bizz8533 800ish

@yrock777

2 жыл бұрын

@@BigTex19 I have 35,800 miles now and just purchased the factory 7 year 100k warranty. I’m guessing that it still worth what I paid $46 to $49k. Craziness!

Deffinetly thinking about selling my truck to the dealer to get a new ram as ram is up to date with everything vs the chevy are not , what are your thoughts @markbrenner

@MarkBrenner

3 жыл бұрын

Exactly right. The features and tech on the ram are right up to date with the current technology out there. GM is way behind on tech and interior design. There’s nearly no difference to the untrained eye on interior design between current Silverado and previous Gen. I’d try to consign your truck though or sell it private, the dealership won’t give you much on trade in

How were you able to highly modify a leased vehicle?

You’re upside down on every vehicle, and there’s no easy way out. Rule of 78 started in yep, 1978 changed the way you pay back loans. Since then you pay more in interest up front than principal, before it was a 50/50 split. You can’t sell the Ram, you’re only in a long term Rental. The Chevrolet on the other hand, you Owned... literally and financially. Service plans separate you from your money, for very little return. Another problem you have, and you don’t know it, 2WD. That’s going to hit you again, like a ton of bricks...

@josephfranco4943

2 жыл бұрын

4X2 doesn’t matter in some places… I’ve found it very rare to see 4X4 on a lot most of the time if you live in a milder climate (SoCal, Florida, etc..)

Literally have the same exact truck. 25k on mine and i love every bit of it so far

@This_Guy1

3 жыл бұрын

I also have the bed utility group

The 392 gearing has the worst mpg rating. I have the same setup in my 2020 and I get 17 steadily. But I’m only running 305/55r20s

Beautiful truck. I'll watch your videos until I win the lottery so I can buy one of my own.

@MarkBrenner

3 жыл бұрын

Just keep working towards it!

Just bought a 2021 ram, msrp was 59k and I paid 44k with a 5k trade in and zero down, I think I did pretty good, 650$ a month, I purchased it because this will be my forever truck.

@truckercowboyed2638

3 жыл бұрын

So little over 72 month loan.........is it 44k or 54k with your trade??

@truckercowboyed2638

3 жыл бұрын

I meant 67 months at 650 per month

I’m getting 15.3 with mine and I have the 22’s and a 3.21 axle and that’s just city driving

How much do you charge to wrap the ram. I know you did yours yourself but if I hire you how much

@felipegallojr.8699

3 жыл бұрын

This is what I want to know too!

Got a 2021 limited night edition fully loaded. Love it. Had to buy cash. Hate payments. But yea i got the 33 gal. Much better

Sell both and get a Duramax, new or old school LBZ! Would be A sick build and better gas mileage 💵

link for wheels+tires ? thanks

I wont lie man. It would be nice if you come back to the canyon! Lol I know I know I'm slacking on my end. Just things ain't opened up here where I am haha but tax season be hitting and I will be doing my mods to my 2020 canyon soon! Promise!

@MarkBrenner

3 жыл бұрын

Yeah you’ve been promising those mods for a hot minute! Haha well I’m looking forward to that 👊

@Chrisp505

3 жыл бұрын

@@MarkBrenner I know man! But this damn covid son keeps shit closed haha but I hear they gonna reopen damn near everything again so I cant wait!!!

That's why I like living in Oregon, no sales tax.

Does Cali only tax you of the difference in price from the trade in to the new truck? Makes selling something almost new privately pointless up here in MN. I paid next to nothing in taxes trading in my 19RST to my 20 Trail Boss with the 6.2L

@MarkBrenner

3 жыл бұрын

They absolutely do. Trade it in and still pay full tax for the new one. No breaks here 😅

@TruckOwnership101

3 жыл бұрын

@@MarkBrenner Dang. So two years of lease payments at full MSRP, and none of that is principal towards equity put into the truck. If you give it back at the end, you’d have to pay penalties due to being over on the mileage agreement. If you bought the truck after the lease, it would be at the value of a truck with 10k miles a year. How many times are you gonna borrow from Peter to pay Paul? 😜 If you’re not keeping it anyway, sell it when you find a guy who values what you’ve done to it. Waiting till you have to sell it will not be a good spot to be in...again... 🤪

@MarkBrenner

3 жыл бұрын

I have a problem OKAY 😂😂💀

@TruckOwnership101

3 жыл бұрын

@@MarkBrenner 😂❤️

@TruckOwnership101

3 жыл бұрын

@@MarkBrenner keep making videos about questionable life choices that blow up and the ad revenue should cover it. 🤑

Good lord. Why did he put any money down especially on a lease?

I pay almost half the payment to lease my 2021 laramie night edition 4x4. With less money Down. Damn

Awesome truck man. Ignore the haters, Not everyone needs a 4X4. Unless you off-road a lot or live where there’s snow and Ice. I have a 4x2 Laramie sport and get a bunch of shit from my buddies

@MarkBrenner

3 жыл бұрын

Hahaha true that

I thought you weren’t suppose to modify a leased vehicle???

I get 10mpg city driving like a grandma with my 35s and 3.92 gear ratio. I also have pedal commander in economy mode and pulsar edge in economy mode. The 3.92s and 35s are guzzlers.

@MarkBrenner

3 жыл бұрын

True that

So, of all you trucks from the gmc canyon to the ram as far as the reliability and comfort, wich one do you like the best? Also Would you consider a GMC 1500? I really enjoy your content 👍

U can refinance the second you walk out...they say not to refinance for 90 days because they get money back “kickback” from the bank who financed you after you make 3 payments...the dealership adds 1-2% on top of the interest rate the bank gives you, it’s their bonus after 90 days...you lose money...I refinanced my last car 2 days after I got the loan at the dealership...dealership said “they might take ur rebate away” I said where in the contract does it say that...nowhere

All of you commenting that it's "only" 2x4 .. you can only dream of affording a truck like his! He worked his ass off and was able to pull this off. Now go jump back in your 2003 Hondas

@gerald4535

3 жыл бұрын

He leases these and he's just rolling negative equity into his next payments. He's stupid.

@coachbeam3600

Жыл бұрын

He’s in a bad spot. Sure, it looks nice, but he’d be better off selling it and starting over. Negative equity sucks.

A 3.92 will give you worse mileage but better for a lift and bigger tires.

Hey, did you keep your stock 20” wheels? If you did, would you sell them? Thanks

@MarkBrenner

3 жыл бұрын

They are for sale right now. If you want then shoot me your offer 👍

@kirkdunn1379

3 жыл бұрын

you have to return it to stock at end of the lease correct?

@MarkBrenner

3 жыл бұрын

@@kirkdunn1379 that’s correct

It's 100% your heavy foot my man. I have a Ram Rebel 4x4 leveled with 35in toyos and I avg 12.7mpg combined. My truck also weighs more than yours.

No matter what, you’ll never get any of that money back 👍🏼💪🏼

Looking at these numbers now in May 2022 they don't sound bad as a semi loaded BigHorn is now about $55k

I get 14 mpg with a 3.5” lift on 35x12’s . I drive 60 miles a day out to Lake forest and back to La Habra

@chancecervantes51

3 жыл бұрын

2019 bighorn sport 4x4

@MarkBrenner

3 жыл бұрын

Must be my driving habits then

@chancecervantes51

3 жыл бұрын

@@MarkBrenner I was getting 18 ... then I got a lift lol

@NoSpillsChills

3 жыл бұрын

Highway miles compared to city miles

@chancecervantes51

3 жыл бұрын

@@NoSpillsChills yeah I definitely drive on the freeway more than I do streets on my way to work

Lucky your registration is lower than mine I paid 900 for 1 year in kansas

Trucks may cost a lot but they live to their name.

Damn I over paid for my 21 ram 1500 Laramie 4x4. Sticker was 60k I got it for 53k in 2021.

Damm Ohkay now I understand why

I always get confused seeing someone buy a truck that's not 4x4.

@jakey20022

3 жыл бұрын

Exactly spend the extra cash and get a 4x4. It helps resale value and who wants to be that jackass stuck on a boat ramp and can't drive out 😅🤣😂 and why lift a 2wd is beyond me...

@This_Guy1

3 жыл бұрын

@@jakey20022 ive owned 4 4x4 trucks and i can count on one hand how many times ive needed the 4x4, and all of those times i did use it was because i was really trying to get it stuck. I live in the country 15mins from the closest gas station going 60-65mph, live on a mile long dirt road on farm land. So in reality 4x4 is pretty useless unless you live close to an off road park or have/able to use land to wheel on. 4x4 is great to have if you need it however once your stuck in 4x4 you are extremely stuck. A winch kit cost way less than the 4x4 and will get u out of any situation. Cost less to maintain, less points of failure, less weight, less cost

@ham7357

3 жыл бұрын

Why do people act like off road use is the purpose of a full size truck?

@RucaMad

3 жыл бұрын

@@ham7357 ... Not sure if you've ever owned a Truck; but I am not just talking offroad. Ever driven in the snow or rain trying to tow something?

@ham7357

3 жыл бұрын

@@RucaMad snow you probably need four wheel drive on roads that aren’t plowed but, rain? Never needed 4wd in rain

Open to a Silverado 2500 duramax or what ?

@MarkBrenner

3 жыл бұрын

Absolutely

I think you should sell it bro, you paying a little too much for lease plus 10k a year ehh

Dang no 4x4 and no 33gal😬

Silverado offers a 3.0 Duramax that gets 33mpg Highway 😉

@renecastellanos9155

3 жыл бұрын

Ram also offers a baby diesel

@13isa45

3 жыл бұрын

Nobody wants a silverado

@adriansienko3619

3 жыл бұрын

@@13isa45 ok yeah sure do mid the 500,00+ sales

Damn you need to stop trading in cars so fast get some side cars cash, man you paying to much for your cars boss. Rolling negative equity does nothing but help the dealerships banks. All they do is drive your payment up and downpayment is all used as profit. Don't play this game people it's a waste of money. Love the hustle man leasing ain't the way either unless you like renting a car living limited and get a new one every 2 years. Like hell no

Legacy Silverado if you sell the RAM

@renegonzalez2809

3 жыл бұрын

I’ve been trying to find one that’s a z71

This a great way to never build wealth. You're investing alot of money to build negative equity. Please buy this truck for $28k when it has 36k miles and is traded in (perferably with $$$). It is a cool truck though!

@edged_mindset

3 жыл бұрын

four year old laramie with 30-40k miles would go for around 37k

Who's going to tell him he's still paying interest, just triple the rate? Since a lease isn't a true loan, they don't have the disclose how much they're charging you to operate the truck. Use a simple financial calc and look at your buyout amount to determine what you're truly paying for. Definitely outweighs whatever you think you're saving in taxes. At least if you own, you can sell the truck back for market value. Instead with the lease, you're paying depreciation and high interest. Yikes.

Go get a Laramie longhorn or Laramie. They sell those truck for 2k more than your bighorn.

You're mother is right. You make the worst financial decisions.

You gotta work on your negotiation tactics bro.... if you don’t leave the dealership at least once you’re paying too much.

@kirkdunn1379

3 жыл бұрын

Yep, it's a circus....its a long game not a quick one for best price.....they were lacking their chops when they seen him walk in with a lifted silverado for trade

You should’ve kept the Silverado!

@asimoford4994

3 жыл бұрын

Silverado's are lot worse than the Ram now a days.

Hearing how much people pay in taxes and fees over in Cali gives me anxiety lol gotta love Florida😅

Sell both and get a new truck with a better monthly payment either way the rams is not yours you technically only own 1 truck so I would sell both and get something better

your better off leasing if your changing trucks every few years

The love of owning a truck is a bitch!!!! But so worth it!!!

Damm that registration fee. I love living in Texas. I say keep the silverado and sell the ram.

Sell it and get a better deal on the next one

you didn't shop for lower interest rate...its like 3% on navy fed....you got yourself into another bad deal.

@kirkdunn1379

3 жыл бұрын

I had 17% for 4 months, went to navy for 7% and now pen fed for 4%.....learn the credit game! It's also where they pull your fico from there is 28 scores and knowing what lender uses which one can greatly effect your rate....

in most cases you will lose money from the dealership not much can't justify buying a brand new car unless your doing well in life

Trade that thing in. The only value is your engine and that screen

Your young. Your foot is heavy probably. Thus gas and fuel economy will be bad. No one I know gets mileage that bad in city. 😉😉

@MarkBrenner

3 жыл бұрын

You’re probably not wrong 😂

Underwater... a pre-paid maintenance plan... leasing to buy... holy crap, this is exactly how you DON'T go about buying a new car.

It’s immoral how much people are paying for these trucks

I have a 2011 dodge ram 1500...it got only 40 thousand miles.....only paid 18,500...paid cash for it..still looks brand new....I keep it inside the shop....only drive it once a month...I can't see paying 50 to 80 thousand dollars for a vichle....because after you put all the miles on it over the years....the value is going to be down on it...next time just shop around and find one with low mileage. And pay cash for it...

Sell everything and wait for 2022 Silverado

Dealer got you without lube with those numbers. You need to learn how to respect money more before starting to mislead people like that online

Shiiit... I bought my 2020 Ram Laramie Sport 4x4 with 12” screen, 3.92 gear, 33gal tank, etc... Tacoma trade in, 0% interest rate for $578 a month. $722 a month for a lease? Oooof

$100 in gas every week I’m keeping my 2017 Ford Fusion hybrid

@MarkBrenner

3 жыл бұрын

Understandable 😂

10:55

No one should take any financial advice from this guy or video. There is a lot of factors that gl into play when financing a truck.

😂😂😂😂😂 American dream... omfg...

You’re talkin about saving taxes on purchase, but should smart’in up and not roll negative equity on non appreciating assets. The worst financial decision.

FORD! Go diesel man quarter ton life gets annoying. Cummins or 6.7 powerstroke. Get 18 and up, low miles do a delete and tune system! Diesel dog!

I'm at nearly 14 in a 3500 Cummins.

@MarkBrenner

3 жыл бұрын

Not bad

The taxes are nothing compared to money you lost on the trucks and all mods you pretty much gave away.....over 10k easily......I kinda think you had to lease to offset the huge hits you were already taking.....and that 6k down is gone...theirs taxes right there...... Dude I hope you learned something....I was young and did stupid shit so can't blame you

You have to remap your truck for new tires.... Hopefully you don't do that shit again bro....painful

All I can say is wow. Maybe you should have someone else doing your financial buying of vehicles. To say because you lease your going to pay MSRP is just stupid. You only got basically 2k off MSRP but you didn't do any searching. Keep a vehicle instead of flipping them in less than 3yrs to get ahead. So many things wrong with this video.

@ryanshepherd14

3 жыл бұрын

Your comments on leasing are correct fully. Ive been leasing my vehicles because it actually can work out to be a better deal in the long run you nust have to get them during the right deals. This however obviously was not lol

put bigger tires on my truck and lost 2mpg

4x2 !? WTF! 🤬

Buy the ram fam

@MarkBrenner

3 жыл бұрын

But I already bought it 😆

Nice truck, but WTF man! sounds like the worst deal ever!

How not to buy a truck...he too cheap to pay taxes for something so little....he makes it hassle.

I don't know who this comment is for, but if you're on the fence about doing this please, don't. This video is a masterclass on how to financially ruin yourself. If you even just leased a Tacoma and put the 400-600 per month you'd save into a low cost index fund (search Vanguard VTSAX), Roth IRA or 401k, from what you're saving per month just to drive a vehicle you don't even own, you'd be a millionaire by the time you're in your 50s. This isn't just "making financial mistakes" - this is crucifying your financial future. This guy is rolling 5 figures of negative equity into a lease only to blow money on wraps, lift kits, tires, and other mods. Please, please, if you're young and read this, read this www.bogleheads.org/wiki/Getting_started, go to /r/personalfinance or watch The Moneyguy Show, and at least learn the basics so you know what you're sacrificing if you do this. You do only live once, but you'll live long enough to be scraping the bottom of your social security checks if you don't make better decisions today. I appreciate Mark's honesty here, I do. But how casual he presents this absolutely brutal financial wreck doesn't make it any less of a disaster. This is really, really, really, reall bad, and I hope at least one person reads this comments, looks up the resources I mentioned above, and starts making better decisions today. 80%+ of millionaires are people who in their 20s and 30s invested 300-600 bucks a month. Please be that person, not the guy that finds himself with ruined credit, no chance of ever retiring, and bouncing from high interest loan to high interest loan. Mark, it's not worth it. You're killing yourself, man. Sell this truck. Life comes at you fast, and if you keep doing this, you'll find yourself in your 40s with a negative net worth, and while your friends who drove Tacoma SR5's are buying new homes and flying business class for their yearly Europe trip, you'll be calculating how to stretch things until your next paycheck.

@cbchevy74

3 жыл бұрын

You are correct. I do hope this helps someone to realize how stupid jumping for loan to loan to lease is. People need to stop competing with the Jones’ you will always loose. If you can’t pay cash for a car you can’t afford it. This is coming from a guy that’s 40, and owns his own home. (Well ok I still have a bit left on the loan, but it’s under $30k left on our $450k house) we have a 2018 4runner, and a 2019 ram mega cab Cummins 3500. And I have the title on each and owe the bank nothing. This is because I saved and drove junk for years. I saved and saved that “car payment” until I could pay cash. My retirement is maxed out, and we do what we want and pay cash. We always run out of month before we even touch that months paycheck. I really wish people would get smart.

@kirkdunn1379

3 жыл бұрын

Very true solid advice......wish I done it sooner...

buy a f150