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That salesman pitted his wife against him and he stood his ground.

@blackworldtraveler3711

2 жыл бұрын

Yup that's a tactic they use.

@JustinCase780

2 жыл бұрын

@derek flint they start off with something along the lines of "i just met with a widow yesterday that didn't plan well...it's heartbreaking..."

😂🤣 "I love my wife and she is wrong sometimes." So funny. I've been wrong living in fear, never again.

@vickieturner8688

2 жыл бұрын

Congratulations, Ellen!!

a salesman actually argued with me that the extended warranty was not an option that I had to purchase it. I walked out out and got a car somewhere else.

@stellarocquie7957

2 жыл бұрын

Walking out is ALWAYS the best remedy.

@samwise222

2 жыл бұрын

😂😂😂

Good on the caller for standing his ground and straight up saying no. Sad that his wife couldn't see what the salesman was doing.

Tell the wife that he will put the $2,500 in the bank and use THAT for repairs. See if it runs out before the warranty would have run out.

@stellarocquie7957

2 жыл бұрын

Great idea. And at the end of the warranty period, they can take the money they saved, and go have some fun.

If warranties were profitable for the consumer they wouldn't exist

@dalwanagsan6784

2 жыл бұрын

Not necessarily. That’s like saying if auto insurance were profitable to consumers, it wouldn’t exit. Nevertheless, I agree with David and callers take on “extended warranties”

@noname4medawg365

2 жыл бұрын

@@dalwanagsan6784 on average, you will pay in more than is paid out to you. How else would the business make money?

@amandadean3948

2 жыл бұрын

Bingo!

@Jane5720

2 жыл бұрын

Exactly, if they didn’t Make any money off of it they wouldn’t be doing it

@charlesg7926

2 жыл бұрын

@@dalwanagsan6784 First off: Auto insurance isn’t profitable to the consumer. It profits the insurance company, otherwise they’d go bankrupt. Secondly- The reason people have insurance is because it covers CATASTROPHIC RISK- like a risk of a $80,000+ in damage to a nice car, hitting a person etc. (And sadly also bcuz it’s legally required). With the extended warranty, it’s even more of a ripoff than car insurance AND it covers stuff that isn’t as risky- a $4000 engine replacement, is very rare/unlikely and if it does happen, it’s not gonna bankrupt you. So why even bother with the warranty which costs $2500 to begin with? Waste of money lol. It’s also not legally required so you don’t have to purchase it thankfully, since it’s a dumb purchase to begin with. And I own a business and I used to work in car sales back in the day. We all knew it was a ripoff. Financing and warranties are the ripoffs. The actual car is sold at a good price to you, nobody gets “ripped off” when buying the car even at MSRP it’s a reasonable price; the ripoff comes from the warranty and financing lol

I bought an extended warranty once…end of story because it was a big waste of money and I never used it.

@EMo-rx7pm

2 жыл бұрын

Exactly. My experience from bumper to bumper warranties cover nothing between the bumpers.

Hello, we're calling to inform you about your car's extended warranty. a.k.a. HANG UP

@scottgoodson5132

2 жыл бұрын

There is no comparison between those “we’re contacting you about your cars warranty” scams and a legitimate extended warranty you buy through a dealer. On my current vehicle, I bought an extended warranty through the dealer for $3200, it’s already paid for almost $6K in repairs, and the warranty is still in effect for another 12K miles. Modern vehicles are complex and expensive to repair.

"Please don't talk about us on the radio. . ." HAHA HAHA HAHA!

"Sell the wife, buy the house." -Dave Ramsey, probably

Add that dealerships are always looking for an excuse to not honor the warranty in the first place. "What's this?" "Says here you went three miles too far between your third and fourth oil change and you didn't use OEM wiper blades." "Sorry."

@stellarocquie7957

2 жыл бұрын

Truth.

@MissHunterELA

2 жыл бұрын

😑😑😑

Congrats to saying "No"! We all need to say "NO" more often!

Extended warranties are an upsell.

@TheAgentmigs

2 жыл бұрын

Exactly.

The guy saying Dave Ramsey buys the extended warranty story made me laugh out loud.

@sharishines99

2 жыл бұрын

Would have loved to see that go down lol

I must be lucky. My wife hates extended warranties even more than I do.

Another good reason to have a large emergency fund. I self insure/warranty everything after the warranty that came with the product expires. No Amazon protection plans either.

@kerktam

2 жыл бұрын

On all products that I had in my life I never needed or used even factory warranty except once on samsung fridge. But I never bought new f150 either, Fords are junk

Extended warranties are a joke. Pay up front for the privilege of fighting later to get them to pay for a possible future claim.

Sometimes you win, but you usually lose. Buying an extended warranty is like going to the casino.

Trust me Dave is right I’m fixing very basic and very expensive items just cause the insurance said no or you lost one oil change receipt out of 30 of them

Lol that anecdote was hilarious

@izgil7541

2 жыл бұрын

What anecdote?

@stellarocquie7957

2 жыл бұрын

@@izgil7541 Story.

i'm in software sales and worked with one of the largest automotive companies in the world - they told me themselves. DO NOT BUY THE WARANTY

"Please don't talk about us on the radio". Awesome!

The 2nd part about the salesman was funnier than the call. Need more of that.

@blackworldtraveler3711

2 жыл бұрын

They are hardcore lairs and manipulator to the weaker types. Always bothered me.

It was easier to share this video than to have the debate. LOL Thank you!

Years ago bought lubrico warranty one time ,had a cracked cylinder head and they refused to pay, couldn’t get a straight answer as to why not covered,their authorized repair place just talked in circles , all the maintenance was followed ,never again extended warranty on a vehicle.

Definitely a ripoff. It's almost as bad as the extra insurance they try to sell you in case your car is totaled and your regular insurance company doesn't cover it. The odds are in your favor. They just play on your FEAR!!!

@dexterm1285

2 жыл бұрын

Gap insurance? Only need that if you owe more than car is worth but otherwise yeah dont get that.

@kevdog1298

2 жыл бұрын

Actually GAP is worth it. If you finance a car you’re losing thousands as soon as you drive off the lot. If you get in an accident a few months after you buy it then you’re at a loss. Gap is like $300…

@dexterm1285

2 жыл бұрын

@@kevdog1298 Yea actually i think in some situations its required actually.

I never buy those either, and we're also 75 and 74. You get a pretty good warranty with any new car already and the probability of needing any significant coverage under one of those extended warranties is quite small. You and I can easily self-insure.

@johniii8147

2 жыл бұрын

That's generally true.

His wife should be mad he didn't buy a better phone...

@altratronic

2 жыл бұрын

It's a Radio Shack "Go Phone" from 2004.

@insideoutsideupsidedown2218

2 жыл бұрын

NOKIA 3110

@golfshapedjoelskull9492

2 жыл бұрын

It’s a giveaway for wealthy people !

@JustinCase780

2 жыл бұрын

a used DynaTAC that cost $2,500

@aprilaustin5119

2 жыл бұрын

😂😂

TOYOTA, no warranty needed, best resale value.

@vickieturner8688

2 жыл бұрын

YEP! I bought my truck in 2009. I figure that truck will outlast ME!

THIS IS A GREAT CLIP. Watch all the way, great story.

I don't remember the item I was buying, but a salesman was pushing really hard for me to buy an extended warrantee on a brand new item. I asked if the quality of the item was so poor that I'd be screwed without buying the warrantee. The dude was tongue-tied.

Well done Dave from Santa Maria. It is time that men stand their ground even when it is against their wifes.

@stellarocquie7957

2 жыл бұрын

*wives

@davecopp9356

2 жыл бұрын

@@stellarocquie7957 Thanks.

@davecopp9356

2 жыл бұрын

@@nchinth Get to know yourself first. 😀

@MissHunterELA

2 жыл бұрын

💪🏽💪🏽💪🏽💪🏽

I am so glad my husband did purchase the extended warranty on his car. He bought a used Volvo paid 2700 for the extended warranty and he has had over 15k worth of work done on it and only has paid a total of 3100 (it has a $100 deductible) it may not be worth it for everyone, and not on a new car but they can be super beneficial. Also my husband brings it in for any little tiny issue the warranty covers since he has it so that car is still like new.

Never buy the extended warranty

The only extended warranty that actually helped me was tires. Because from doing deliveries I was going through tires like mad.

@achavez78

2 жыл бұрын

Agreed. I end up using my warranty 8-9 times in the life of my tires.

@IceColdProfessional

2 жыл бұрын

You're a special situation. Warranties work for you, not the average person.

@Rashaadthegr8

2 жыл бұрын

@@IceColdProfessional I never been average. Lol. But I had the worst luck with cars and tires.

@estyria5961

2 жыл бұрын

@@Rashaadthegr8 Same. I had three flats in one year once.

@MrJimmy3459

2 жыл бұрын

How did they cover tires? Most extended warranties do NOT cover consumable items on vehicles. Tires, brake pads, batteries etc.

Stealership. Not dealership.

@stellarocquie7957

2 жыл бұрын

Get a FLEECE at the stealership!

Never get extended warranty on anything…..appliances, vehicles etc

But did he explain why he didn't want the warranty? Because he could save some money each month and be able to pay for repairs when needed...which may work out to be cheaper than paying for the warranty...

A patronizing finance manager's tears are sooo tasty ...after you tell them to pound sand.

@Originalman144

2 жыл бұрын

Deloney would have bought the warranty just so wife can be right...

Hahahaha Dave Ramsey needing to prove he's Dave at the dealership.. WOW.

Two great stories in one call! I love it.

Way to go my friend. We do not need those offers from dealerships (warranties).

I get robocalls for extended car warranty almost everyday. They are making a killing!!

Amtone else fell like they have to take a shower after dealing with insurance agents or car dealerships?

@blackworldtraveler3711

2 жыл бұрын

Not looking forward to my next car purchase. They are at the top of my hate list along with child molesters and those irritating people the talk at the theater.

@stellarocquie7957

2 жыл бұрын

I never have a problem. Sit them down, shut them up, tell them what I WILL and WILL NOT purchase. Works EVERY time. If they don't play by MY rules, I get up and leave. Simple, foolproof.

I want to hear a mathematical breakdown like this for life insurance for a healthy young person

@johniii8147

2 жыл бұрын

You only need life insurance if you have dependents that rely on your income, other than an enough to cover your funeral.

Thank you for sharing about extending warranty some sales man tried to sell me one when I got my car!!

The only car where you need to buy an extended warranty for is a used Land Rover (learned that from Doug Demuro).

@BboyRacing

2 жыл бұрын

Yep, I used to sell them.

@MrJimmy3459

2 жыл бұрын

Or you could just avoid a garbage vehicle like Land Rovers

@migueralliart

2 жыл бұрын

@@MrJimmy3459 agreed

On a camper, always get the warranty. They all have issues from the factory that will pop up.

Good call on not buying it.. I know a few people who bought cars and bought the 2k extended warranties.. I just shake my head. Usually those extended warranties only cover certain items and getting them to warranty the item can be a pita at best.

That is hilarious 🤣🤣🤣

I’m in the car Business Dave is 100% right

Car warranties are statistically not a good deal

@jeffwvu4602

2 жыл бұрын

Don't tell that to "emotional people" who crave this peace of mind. They think with their feelings and not their brain.

@AlexPerazaTV

2 жыл бұрын

@@jeffwvu4602 yeah but technically, health insurance isn’t statistically a good deal. Same with car insurance. It’s not about statistics. You have health insurance and car insurance, not because you’re weak emotionally, but because you’re financially intelligent.

@666dynomax

2 жыл бұрын

@@AlexPerazaTV no I have car insurance to protect the other driver and legally have to have it. Statistically I’ve lost 95% of the money I’ve spent on insurance. As for a house that is a huge investment if I had millions and a cheap house I may consider no insurance

@stellarocquie7957

2 жыл бұрын

@@jeffwvu4602 Good thing I think with my wallet.

@jeffwvu4602

2 жыл бұрын

@@AlexPerazaTV Noooo.. people have car insurance because it's the law. And health insurance is usually through employers, but someone who signs up through an individual plan - it just depends on their age and health if it's a good idea. This is totally different from them. Extended warranties on vehicles, electronics, etc is just being ripped off.

This is my favorite Dave Ramsey video of all time

My wife pressured me into buying her lexus gx. At least no extension warranty or stuff like that and way under msrp

way to go.....unreal a REAL MAN.....

Put the warranty money in the bank just in case

They are a complete joke they don’t cover squat and majority of cars don’t tear up under the 36k to 60k miles of extended warranty it’s a joke

this guy is awesome haha. Didn't give in. Three cheers for caller Dave!

Can barely understand the guy on the phone. Sounds like he's making the call with a string and tin cans at each end.

When you never need a warranty it sure seems like a scam. But when that engine goes out and you realize it takes $6,000 out of pocket to fix it. That warranty will be your saving grace.

It is surprising how many people lie about Dave Ramsey. I took this personal finance course at my community college only because this course was required in the Accounting program curriculum and this teacher straight up lied to my face that Dave Ramsey takes out mortgages all of the time. I immediately thought why would Dave Ramsey take out mortgages when he could buy several hotels with cash if he wanted to?

@stellarocquie7957

2 жыл бұрын

Lol, I guess you got an "F".

My wife pressured me into buying extended warranty for my mini van 😖

Smart guy

Extended warranties are bogus🙄!!!

Extended warranties are an upsell and a waste, however a GAP policy is a MUST unless you are BOTH putting down 20 percent minimum and you are financing for 36 months or less. Here’s a hint, IF You can’t afford 20 percent down and 36 months financing or less, then You cannot afford the car (Kevin Hunter, The Homework Guy)

The only time your should buy a car warranty is if you're Broke. Which in that case you shouldn't be buying the vehicle anyways! -Top car salesman in the region of central NE and KS region talking here.

Typical car stealership tactic. You think the salesman would actually sell you a product if it cost them money in the long run? They know it is unlikely to be used.

Will the real Dave Ramsey please stand up....lol

I pray for this guy that there is no repair needed that costs over $2,500

@stellarocquie7957

2 жыл бұрын

HIGHLY unlikely. Outside of a cracked block, or a blown transmission, it's a pretty safe bet to do without the extended warranty.

@EMo-rx7pm

2 жыл бұрын

@@stellarocquie7957 I agree, but speaking from a husbands perspective, if there is a cost over $2,500, he will never hear the end of it.

Never buy something and allow the salesman to go to her. Be the man and control the attacks. I know all the techniques and they don’t work on me! Good video!

This guy should use some of the savings from the warranty to purchase a phone built after 1962.

Unless it’s a Kia or Hyundai don’t get warranty

Dave Ramsey doesn't have an ego... Yeah right!

@stellarocquie7957

2 жыл бұрын

As long as he is THIS smart and honest, WHO CARES ?

@percivalgooglyeyes6178

2 жыл бұрын

@@stellarocquie7957 But he claimed he doesn't have an ego, which implies that he doesn't have a big over-inflated ego of himself, but he indeed does. It is obvious. So what where you saying about honesty?

@stellarocquie7957

2 жыл бұрын

@@percivalgooglyeyes6178 You've got too much time on your hands. . . . I couldn't care if he wears ladies' underwear, as long as he keeps doing what he's doing !

SO DAVE IS OBVIOUSLY A FORD GUY!!!!

Go buy AAA plus RV towing that's all your going to need if Read the fine print on 90% of extended warranties in the front pages they list everything that's covered but in the exclusion area if you don't fallow the rules set forth in the Maintenance then your warranty is void. So for example you set out on a cross country trip when you arrive at your destination you better get the truck a oil change before heading home or your warranty is void.

Sometimes you gotta make sacrifices

Only proper way to say that you won a argument. Booyah

I tried to explain this to my significant other and the dealership got angry that he wasn't going to purchase it and he went ahead and purchased it never used it

I’m not disagreeing but could you make the same argument about insurance?

@pinkiepie1656

2 жыл бұрын

To some extent. Insurance can prevent a life-altering event from financially ruining you. There's a cost and risk analysis you need to do.

I understand the law of averages, but with how much technology comes in newer vehicles an extended warranty is definitely worth it in my opinion. My 2k warranty has paid out almost 6k so far, and I still have 80k miles until it’s used up 😂. My ROI was definitely solid

@carloscampos5469

2 жыл бұрын

I agree. Tech fails alot now and is expensive to repair. Even on a toyota. Ill end up getting the warranty when i get another car for the peace of mind mostly.

@dexterm1285

2 жыл бұрын

They could possibly be worth it on unreliable brands like BMW and LandRover. Toyota dont bother.

@claytonwoolfe

2 жыл бұрын

@@dexterm1285 perhaps. As long as the price stays reasonable I’ll always buy one I’ve had them pay off esp when you can get coverage from new 3-4x the mileage of the factory warranty for 2k. It’s a no brainer for me. Ymmv

@carloscampos5469

2 жыл бұрын

@@dexterm1285 true. But even Toyota has issues now a days. I've seen new toyotas w less then 30k miles have issues and while under warranty u can only worry after warranty ends if another issue will break

@dexterm1285

2 жыл бұрын

@@carloscampos5469 Typically they are still pretty solid vehicles. Why I prefer used myself...can see if the car has a track record of reliability and buy for way cheaper than new and keep till 200k or so miles and still get a good resale with alot of miles.

What about CARSHIELD?

Lol 😂 🤦🏽‍♀️

Imagine that wife knowing she is stupid now. That must hurt. Most people are though...

Wait fo it...an uncle Dave story.

It's hard to believe this multi millionaire Dave Ramsey has to go out to a Lowe's store to buy his own appliances.

Dave, the caller only wanted to tell Dave about him standing his ground.,, I don’t think he cared about the facts.

@webfreakz

2 жыл бұрын

Where do you get that from?

Happy wife, happy life.

Doug DeMuro will disagree. He used the warranty on his Range Rover and covered more than the cost of warranty. It depends on the car and the cost of warranty.

Take the truck back and tell your wife never again.

How did he save $600 thousand

@stellarocquie7957

2 жыл бұрын

Rice and beans.

your numbers are accurate dave.. i agree.... but if those repairs happen and he has no warranty those repairs might cost more than that. so its gambling. I bought a wheel and tire package for my car because it has happened to me before and it cost me $1200 to fix it.... should've bought the coverage. ( my coverage did not cost 2500 )

@stellarocquie7957

2 жыл бұрын

Well, you're the exception, unfortunately. He's saying STATISTICALLY, it's unwise to purchase it because of the UNLIKELYHOOD of needing/using it.

The wife is so loyal to the husband! I love it!

Sell the wife!

Only reason he won the argument was because his name was Dave

This man deserves a medal.

74 years old and ONLY $600K in savings. Don't be that guy. Regarding warranties... I personally buy extended warranties for all my appliances (usually buying for my rental properties). I do not buy extended warranties for automotive vehicles.

@ALiBi212x

2 жыл бұрын

$600k in savings was worrying, but he also said they have a $600k paid-off home. So I guess if they really need cash, they can sell the home and move into a retirement community with $1.2mil.

@thisisnotok2100

2 жыл бұрын

@@ALiBi212x then what? Rent?

@dexterm1285

2 жыл бұрын

@@thisisnotok2100 No...should be able to downsize to a smaller place cash like a $200k smaller house.

Buy a better phone Dave.

Not scams! Dave stop spreading wrong information

Is this a repeat? Or maybe Dave's just repeating this story again.