No excuses. I work full time making 19/hr in the mental health field which is competitive in my area. I got called for interview 10 minutes after applying for a part time gig at walmart. I kid you not, submitted the application and got called at 730pm 10 minutes later. I was hired in 5 minutes after telling them my availability, for 15 an hour which i was making in my field not too long ago. In the interview they said they pay $23 an hour for supervisor positions. Thats equal to what my supervisor makes. With the two combined, ill make 55k a year instead of 39k Im throwing 1500 bucks at ny debt a month like my life depends on it.

@gtf5392

5 ай бұрын

You should be applauded. Good job.

Sometimes ppl ask the dumbest questions, "hey Dave I have 20 cars and I'm in car debt. What should I do?"

@GoJojo-lv6zi

8 ай бұрын

Lol true. Sell them all. Start using your legs.

I think it was Warren Buffett that said- "when the tide goes out, you can see who was skinny dipping" David lost his job and was caught with his pants down.

@johnc2438

9 ай бұрын

He just wasn't caught with his pants down. That was merely the prelude. They were whisked right off his keister when his tide went out! Ssshhhooossshhh!!! 🤣

@bigpicturethinking5620

9 ай бұрын

@@johnc2438sucked off so quickly and violently by the rush of water it left his bollocks slapping between his legs for a final measure of insult.

@GoJojo-lv6zi

8 ай бұрын

Well said.

I listen to Dave everyday. I paid cash and own a 2012 Toyota sedan w/ 77,000 miles on it. In perfect condition. I don’t understand people buying expensive cars that cost nearly as much a rent.

@rcruzthomas

9 ай бұрын

Yeah I have a 2005 Toyota with 162,000 miles on it. I am saving up cash to buy a newer car in all cash, and refuse to pay for these markups over MSRP.

@BMAN1able

9 ай бұрын

How much did you pay?

@tduck828

9 ай бұрын

Sameeee!!! I keep cars a long time. I bought my current car brand new, but been driving it since 2009. I'm 41 and this is only my 4th car I've ever driven.

@stevennovakovich2525

9 ай бұрын

I bought a used (18k miles on it) MItsubishi Mirage G4 about 3 years ago. $205.02 monthly payment, runs like a top. I can even get as high as *50 mpg* with it, highway!

@3-dreticle826

9 ай бұрын

@@BMAN1able In this inflated car market. I paid 18k for it. But it’s a sports model with low mileage. So I said F it.

And this is why Americans complain they are living paycheck to paycheck, you have dug your own grave. $2400 in car payments is just absolutely stupid. Drive used paid off cars! Nothing wrong with that people!

@reginacameron3011

9 ай бұрын

this part I have not made a car note i n 4 years. My friend kept asking me when was I was going to get a new car. I told her to buy me the car. She has not said anything else to me

@front331

9 ай бұрын

@@reginacameron3011I've had a female roommate (she was heavyset) tell me I look good in a brand new 2018 Mustang 3 years ago. I parked my 2002 Toyota Corolla in her designated parking spot for the following week for good measure.

@curiouscat3384

9 ай бұрын

And let's not ignore that 2 of those payments are just motorcycle toys!

@om617yota7

9 ай бұрын

Had a family member ask if we were doing ok financially, because our newest vehicle is a 2013, and my truck is a 1998. This same person borrows money from us a couple times per year. Honey, it ain't us with the financial problems.

@m.b5777

9 ай бұрын

Thanks to these people otherwise there won't be any supply of used cars to buy. They take the depreciation hit and provide a good service for used car buyers who pay cash

Why does nobody mention insurance costs? The idiocy doesn’t end with just car payments.

@theinevitableend9412

9 ай бұрын

Ya, motorcycle insurance is through the roof.

@raulgallardo5140

9 ай бұрын

And maintenance and gas

@July.4.1776

9 ай бұрын

License, tag and registration fees ! 😬

@thedude5040

9 ай бұрын

Property taxes. Our 3 vehicles is $1000/yr in Kansas.

@domanicgreen

9 ай бұрын

Facts! I’ll tell you why…because they typically let the insurance lapse and drive around uninsured

My wife and I had $1548 in payments between our 2 cars. We've now sold both of them, which cost us a few thousand to settle, but $0 payments going forward. I bought an older Suburban for cash and for the wife we picked up a used Armada. We put aside cash for about 6 months to make the plan work, but we are officially car debt free at this point. Starting next month we will be hammering the last $40k in student loans (down from $105k). Doing this all on $75k a year salary with 3 kids. Living frugally, and a few side hustles, has made a world of difference.

@Tubeyou2343hhsg

2 ай бұрын

I bet this is a low end truck and a low end suv it’s crazy how much garbage cars cost a corella is 400 a month cars are insane right now

stop trying to impress your neighbor. theyre in debt too.

I sleep eight hours peacefully each night knowing that my 2017 Cadillac in excellent condition with 29K miles on it is fully paid for with my emergency fund fully intact

If he never lost the job, they'd continue this reckless behavior. I guarantee these aren't the only bad spending decisions they've chosen. This is the one luxury they are willing to part with.

@GoJojo-lv6zi

8 ай бұрын

I like the way you think. So true. I’ve heard a couple who lost all their life savings to Bernie Madoff speak on how it actually changed their perspective on life and money for the better. In that case they were necessarily reckless, but nevertheless sometimes these things can be a blessing in disguise. I think the caller is definitely in that position.

@hammertyme8392

6 ай бұрын

Spending is a habit that's hard to break.

Back in the 80s and 90s a household was lucky to have 1 car . Now everyone in a household of 4 has a car . This explains why😂 you cant get any parking .

@curiouscat3384

9 ай бұрын

Haha! and traffic snarls even in medium size cities like mine!

@reginacameron3011

9 ай бұрын

parking that's funny

@orphancharmander1168

9 ай бұрын

I dont have any cars, ore motorcycles, im at Baby Step 2, i want a paid for house instead 👀

@jaygrenham

9 ай бұрын

You are a few decades off ... 3 decades . By the 80's everyone over 18 had a car ...actually by the mid 70's. I lived through all of them and this is how it was: 1 car was 50's and early 60's 2 cars early 70s and by the mid 70's everyone who could drive owned a car. Used cars. Few bought new. We all were driveway mechanics and vehicles were fairly simple to work on so we did and kept them going. Once computers, electronics, environmental regulations came along in vehicles it was impossible to do much beyond oil changes.

@rodleypumpkins4174

9 ай бұрын

What lol maybe the 50s.

That's what happens when you overpay on your car. Dealers were charging 10-20k over msrp for the last 2-3 years

@hiteshadhikari

9 ай бұрын

*Because idiots were paying that price, because everyone wanted a car from their govt cheques*

@Dan16673

9 ай бұрын

​@@hiteshadhikari4sho

@johnwilburn

9 ай бұрын

The bigger problem is financing all that stuff he couldn’t afford in the first place.

@JaydoggX1

9 ай бұрын

It was fun being in the car business the last couple years. But it is getting back to normal

@yun9393

9 ай бұрын

👀🍿

Jade is so awesome. She reads between the lines and understands the fundamentals super well. Excellent communicator on top of it all. Bravo 👏🏻

This is the “American Dream” that modern society tells us we should be striving for: Materialistic Gluttony that results in huge debt payments all for toys we don’t need and that hold us back from freedom

@carmarasmussen8118

9 ай бұрын

Buying stuff you don't need with money you don't have to impress people you don't like. 😂

@danacruikshank3945

9 ай бұрын

Not to mention having no time to use those toys.

@phobedavis7014

9 ай бұрын

​@@carmarasmussen8118My dad use to say that. RIP Dad.

@Atlas-tp8dw

9 ай бұрын

👏

@neuralismgamingtv4511

9 ай бұрын

Stupid fancy overpriced VCRs with 4 heads instead of just 3.

Dave over there twitching hearing those car payments. LOL

@curiouscat3384

9 ай бұрын

He does that a lot lately with Jade because she's really good at picking out the details, like her intuition that they have other toys they can sell.

They can also sell all the Harley-Davidson branded riding gear they bought at the H-D boutique. People pay a lot for used orange & black doo rags.

I have a neighbor with a 40k truck because he uses it once a year every Thanksgiving for a 4 hour roadtrip to visit family. He makes montly payments on it.

@insideoutsideupsidedown2218

9 ай бұрын

How did you know I visit once a year?

@poms-eyeview2453

9 ай бұрын

Will no other car work for this purpose? 😂

@superblump87

9 ай бұрын

Why does a road trip require a truck?

@om617yota8

9 ай бұрын

@@superblump87 Towing a travel trailer, maybe? I have a truck that I drive less than 2000 miles/yr, but it cost $10k and I paid cash.

I drive a 2016 VW Jetta - I have only 50k miles on it.. and it’s paid off- I’m driving this car till it no longer drives anymore! Lol

@curiouscat3384

9 ай бұрын

I'm still driving my 2003 VW Passat wagon - expensive to maintain compared to American cars but it's been really reliable so I just set aside $100 a mth into liquid savings for maintenance and repairs. So far I don't use that much every year even at 95,000 miles but be prepared for your 60K-ish mile maintenance, (timing belt, water pump, ignition coils, etc) I spent $3,300 that year.

@alisummers7984

9 ай бұрын

@@curiouscat3384 thanks for the heads up- VW cars are built like tanks.. they are reliable as long as we maintain them.. and I’d rather spend some money here and there on repairs than buy a 50k dollar car with a giant car payment!

@mermer7330

9 ай бұрын

What's the reliability of Volkswagen?

@alisummers7984

9 ай бұрын

@@mermer7330 fantastic for me! This is my third! I love them.. I’ve ( knock on wood) had no issues outside of regular maintenance on all of them.. they are built like tanks.. very heavy cars.. great on gas mileage .. oil changes can be pricier as they require a higher grade oil.. but I only have to get them once every 10k. I recommend them to anyone that’s looking for a car!

@curiouscat3384

9 ай бұрын

What do you mean? These are two testimonials of happy old VW owners. @@mermer7330

Those motorcycle loans sound like Harley numbers.

@johnc2438

9 ай бұрын

Don't forget the manly "RAM" and the liberated woman's "Lexus"!

@sweetiespoon5150

9 ай бұрын

I about spit out my coffee when they read off the monthly pmt numbers for those scooters. I purchased a 2000 HD Roadking in 2015 (no trade-in) & paid $11k for it from the dealership. Rides like a dream & is low maintenance.

As a recovering Harley idiot myself, those payments are for sure HD motorcycles payments. Best decision I ever did was get out from under mine and sell it! Found a non Harley dealer willing to help me bury some of the negative. We coughed up the difference in cash, I bought a 5k lightly used Suzuki. cash. and have no payments on something I can’t even ride for 2/3 of the year!! 👍🏻

If you dumped $2400/mo into a savings account for a vehicle, it wouldn't be long before you could buy a very nice vehicle, cash.

@barrygoldwasser5449

9 ай бұрын

A used 2017 Acura RDX with less than 75k miles costs about 20 grand. And that's an Acura, not a Ford Focus. You're driving a super nice car that will require no maintenance and will last you for another 150k miles. I'll never understand people. Dumb. And they buy Ford or GM pickup trucks for $80 grand. Dumb. Very dumb.

@toddprater14

9 ай бұрын

No one thinks old school like that anymore ..they do not want to wait..gotta have it now..materialism at its finest…just the two vehicle payments were enough..this guy goes and grabs 2 seasonal bikes after that! That’s just stupid.he’s in for a world of hurt as are many people I’d guess..like Dave says wanna stay broke? Keep making car payments

@om617yota7

9 ай бұрын

@@toddprater14 Yep, agreed. If I could teach today's youth any one single thing, it would be learning to delay gratification. Make the sacrifices now for the the better life in the future.

@bucknut9475

6 ай бұрын

Exactly. People lock up their income in loans and then complain that they can’t afford other things. That’s almost 30k per year. With that they could just about max out 401k and IRA. Freedom is better than material things.

@om617yota7

5 ай бұрын

@@bucknut9475 Right, burn $30k a year on a vehicle and then wonder why they can't retire.

Good god. Edit, I love my paid off 2017 Honda Fit more and more every day. 40 mpg average.

@currenteventsenthusiast9477

9 ай бұрын

Honda fit doesn’t get 40 mpg… look it up kid

@lot2196

4 ай бұрын

​@currenteventsenthusiast9477 yes it does, and I'm 58, not a kid idiot

I was stupid with my last new 2016 80k car(before I found DR) I know dumb, driving around thinking I look cool and broke 😢. But, finally paid off. Never again; now I enjoy driving car cause it’s paid off. It feels like I’m driving on clouds.

As Dave always says, stop giving away your best wealth building tool: your income

@motoryzen

9 ай бұрын

I own an 05 civic SI and a 2019 Honda CB 500 X motorcycle. And as much as possible. I take the motorcycle and I see if I can park in a spot. That's out of everybody's way, but not taking up a normal, wide car or pick up truck parking spot anywhere. . So at least in a partial sense. I can empathize with your point legit.

How did they get this much credit in the first place 😮 I see it all the time; people’s driveways look like car lots. Crazy!!!😞

Wow… you know the situation is bad when Dave Ramsey recommends you borrow $10k on a credit card to make your situation better…

@EvangelismforGod

9 ай бұрын

True!

This is what happens when you make good income while you have a JOB and then start buying unnecessary things, drive expensive cars, buy too much house, live paycheck to paycheck et etc and then once one spouse or both lose their job then the nightmare comes. I cant believe people continue to live like this.

@curiouscat3384

9 ай бұрын

American optimism - we never believe anything bad will happen to us. You would think the pandemic would have awakened everyone

@eemr8439

9 ай бұрын

@@curiouscat3384 Thats why a lot of people are living in a bubble. Then blame the system and no self-accountability.

That sounds like all covid free money purchases to me. 3 years ago people thought the free ride would never end.

@ykook7000

9 ай бұрын

💯 then complain when they have to pay debt back

Dave + Jade = Radio Gold!

All to impress people that don’t give a crap about what you drive.

ill never have a car payment again for the rest of my life. No thanks.

Dave over there looking disgusted by the amount of them car payments 😂😂

I collect used toys for super cheap. I'm always shocked at the prices of new class A, RV's. They are worth basically zero at less than 20 years or if damaged. They also require a lot of replacement parts to keep appliances running. The one I'm working on now had no working appliances and leaking axles but otherwise mechanically sound. For around $300 I have about 80% back to normal. You need to have basic engineering to even own these things.

@joesmith3590

9 ай бұрын

They are very expensive to build. Their is more to a price then resale value. A home on wheels cost a lot to build. To be clear they are a huge waste and most should never touch them but the price makes sense. As does the resale value 50+% won’t use it enough to justify keeping it.

Jade “stacking up cash “lol they have no money

@johnwilburn

9 ай бұрын

I thought that was funny. The guy writing them because he can’t make four car payments….. it’s a fire gone conclusion he has no money.

Bought a 19 year old Honda Civic. Paid cash. Totally Un-Cool, 30 miles per gallon, runs great, got money in the bank.

and this is why I can buy a late model car for $15K in my area

852$ per month for a truck that's nuts

@jorgefloyd6989

9 ай бұрын

For a 7 year payment plan

Poor Jade, I don't think she saw the commercial grade prices for mowers. Most people have not idea how much that equipment cost and most people think $35 price rate is to expensive for mowing. 😅

@CRAZYKINGFEAR

9 ай бұрын

Exactly my thoughts. She's in shock over a mower that costs 6k 😂😂 better double that if not more for a good mower

4 cars?! 1 for each mood?! 😂 These vids make me feel better

@blackworldtraveler3711

9 ай бұрын

A lot of expenses for something that’s parked more than 20 hours a day. Must be driveway ornaments to look good for the neighbors.

Vehicles are the #1 killer of wealth. They are a black hole sucking away your money, especially if you buy them brand new. The depreciation is insane, plus the gas, the maintenance, the repairs, the insurance, the yearly registration, etc.

@aolvaar8792

9 ай бұрын

Housing is the #1 killer of wealth.

@nicodimus2222

9 ай бұрын

@@aolvaar8792 Real estate appreciates, and you can build equity. Vehicles depreciate, and they just continue to suck money until the day they die.

@aolvaar8792

9 ай бұрын

@@nicodimus2222 My employer provides Free housing, Imagine the wealth building of a mortgage payment going to investments. The Test: If you could live in your house for free, would you buy it?

@nicodimus2222

9 ай бұрын

@@aolvaar8792 Employers that provide free housing are very, very rare, though. It's not an option for most people.

Dave is mistaken here. Repossessed units do not get sold at the repo yard. They go to dealer auctions like Manheim and Adesa.

Some great financial advice

Fake rich people...

@ykook7000

9 ай бұрын

They are on every corner

Just have to say though, on the other side of the repo lot deals, I got a great deal on a car buying from a bank repo lot. It’s been a great car.

The Brady Bunch. 6 kids, wife don't work, paying a maid. ONE CAR

@lagarde2011

9 ай бұрын

Carol drove a station wagon throughout the series. Mike had a new car every season including a very nice Barracuda one year.

Don't know how people go to a car lots and agree to pay more than $600 for any vehicle. Being materialistic will sink any budget.

$2400 on car payment , WTF! That’s really foolish. How do people get themselves in this kinda mess?

@BradleyMaurice226

9 ай бұрын

Believe me when i say lack of financial advisor. I don’t think the need for financial advisor is emphasized enough in the society, leading to so many Americans finding themselves in big mess trying to live the American dream

@KimberlyFlores-kr1bz

9 ай бұрын

How can i reach her? really need guidance with my financial decisions

@EdwinBoettcher

9 ай бұрын

Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

@KimberlyFlores-kr1bz

9 ай бұрын

I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

@justintoth5440

9 ай бұрын

@@BradleyMaurice226financial advisors are just salespeople. They are pushing products for commission. Explain how this is good for you? lol you don’t need someone to tell you to save

My first truck payment back in 84 was $122.00, what a great time that was.

Time for a video about Dave’s cars, before and after the great “transformation”

Sell the wedding ring and use that to help get rid of the motorcycles and fight hard to get re- employed. $2400 in payments is crazzzzzzy!

@ralphlopez3166

9 ай бұрын

I like nice things too but not at the expense of my families future. I will keep driving my paid off 2004 truck.

I bought a car 7 year old vehicle with 49,000 miles on it. Paid $10,000 for it. $200 a month car payment. I paid it off in one year. No more car payments. 5 years later it has 90,000 miles on it. I plan on driving it 10 more years. 🤞 Debt Free!

I've owned half a dozen bikes over years. Never finance toys cash only.

Dude....thats wild. I'd be scared to be in that situation even if I WASN'T unemployed. Those bike monthlys were wild. That's about how much a month i was paying for my sedan and i felt like i bought too much car

I'm 56 yrs old, just paid off my 2015 Honda CRV with 33k miles on it. I'll be driving it until the wheels fall off. It's not a cool vehicle.....but I don't care.

Paid off my car in 2018 and will drive it until the wheels literally fall off.

The occasional maintenance costs are sure less expensive than regular monthly car payments.

When I was in college I worked nights with this guy who had like 5 cars. He’d work like 90 hours per week with a ton of OT just to pay for all of his crap on payments

@kleindropper

9 ай бұрын

Why, just why

@truthserum5310

9 ай бұрын

Hey, I own 7 vehicles, and 2 motorcycles. But, they're all paid for, and have been paid for, for years now. Newest one is a 2005, ha.

@mikederucki

9 ай бұрын

@@truthserum5310 haha yeah the guy I worked with had payments on nearly all of his

@ykook7000

9 ай бұрын

​@@truthserum5310yeah and why do you need that many? Unless you're a collector and the value goes up and you sell them what's the point

@truthserum5310

9 ай бұрын

@@ykook7000 Except for my daily, the rest are collector cars.

I understand what Dave says about getting a side hustle, but u aren't ever gonna get outta debt delivering pizza. That's nonsense given the price of gas these days.

@chriscrawl3732

9 ай бұрын

What's your advice?

@lot2196

9 ай бұрын

Vote democrat?😂

@roolyfe

9 ай бұрын

I been delivering food for 8 years

@subjecttochrist

9 ай бұрын

@@lot2196that’s being part of the problem, not the solution

@barnabusdoyle4930

9 ай бұрын

Depends on the area. I live in Oklahoma (same area as this listener) and gas here is $3.35 atm

Dang.! 2,400 for car payments. That's more than I pay for monthly expenses. I'm glad I have no debt.

@steelcastle5616

9 ай бұрын

That also includes 4 insurance payments and maintenance schedules.

There are lawn mowers costing more than my 2001 Miata that I paid cash for in 2019.

I swear, I will NEVER understand people! I make $120K a year, own 2 properties (one free and clear) have a net worth of over 1.2 mil, and still drive my 2005 F-150 (205k miles now) that I bought new, and paid off many many years ago.

@awalker8371

9 ай бұрын

Wow I hope to follow this. Great job

4:00 - TRUCKLESS & CLUELESS 😂😂😂😂😂😂😂😂😂😂😂

Bought my 2020 car in 2019. Negotiated the price and paid it off in 2022. I don't understand why anyone is paying more for a car. Negotiate the price. If its not what you are willing to pay walk away! Do you really NEED a over priced vehicle? Same with a house! What is wrong with ppl paying OVER the asking price? Why are you buying a house at the top of the market? Sit back save your money and wait for the housing bubble to burst then buy your house at half price! This is the same ppl who refuse to use coupons when shopping as well and wonder why the heck they are always broke! Rule of thumb. What goes up must come down. It always does. You just got to be willing to play the waiting game. Some ppl just are lacking in patients with their I deserve it now attitude!

@maryangelica5319

9 ай бұрын

I bought my first car at carmax so no haggling involved or allowed. In those days I hated the negotiation process, so it felt like a relief at the time, but while the car was quite nice (2019 toyota yaris for 25k total), looking back, I could tell I over paid for what the car typically was sold for, and my comfort had its price... but after a few personal experiences that necessitated it (i.e. negotiating an offer for a house), I wised up and gained a bit of confidence on it. Next car I buy will be at a dealership with extra research.

@rebeccazeman9309

9 ай бұрын

Usually the people under water are not under water bc they bought the car for over asking or that much over what it's worth. You get this far under water by rolling negative equity into new cars. So you buy a car and a year later you hate it or you're having a baby and think you need an upgrade so you trade it in and buy a new car and roll that 5k into the new car payment but then with interest and depreciation you end up 10k under water real quick. Plenty of people buy a car every few years and just keep rolling the negative equity into a new car. It's wild

@catholicfaithofmine2664

9 ай бұрын

@@rebeccazeman9309 I know ppl paying ridiculous prices for cars. Have you seen the sticker prices? Way over priced! I'm hearing though car prices are about to drop.

Start taking the bus.

@chijason6630

9 ай бұрын

I haven't owned a vehicle for 8 years, and take the bus to work every day. Total transportation costs are $125/month, or $1,500/year. With the average cost of car ownership being $12,000/year, I have a net surplus of $10,500/year. With being child-free and debt-free (condo paid off in 2022) on 85k/year income, that extra $10,500/year is more than enough to cover a yearly 2.5 week trip to Europe with business class tickets for the rest of my life!

I’m going thru this now. 26 years old so learning it sooner than most but later than some. Retail my truck is worth almost what I owe maybe 1-2k upside down but it’s hard to find a buyer now. Probably will have to spend 4-5k and be done with it. I have another truck I can drive for the time being

I never understand people making 40K a year going out buying and 50 or 60 k truck

Having car payments is dumb, but if you are going to do it, at least only have one car payment at a time. Multiple payments is suicide to your finances.

You know you've messed up when Dave is telling you to pay for your truck with a credit card 😂

@corrosivedevourer

6 ай бұрын

😂😂😂im dead

Never saw nice new cars as a flex when they have to use them to get to work at 7 am

What kinda motorcycle is that where the payment is so high ? - sorry I don’t know much about bikes

They pay more in car payments than I gross every month. It's mind boggling. We have thee vehicles and two motorcycles and they're all paid for. It can be done.

We have 3 vehicles, 2- 20 yr old trailblazers and a 1978 chevy pickup. The insurance, tabs and registrations are all rock bottom cheap even tho we keep full coverage on the daily driver for when we use a rental to go out of state twice a year. Back in my first marriage all the vehicles were paid off bought used except for one. But michigan insurance, tabs and reg are thru the roof ridiculous even on used vehicles. We had 4 vehicles for 4 people, 2 kids were still home but working and school, plus a couple muscle cars... Stay debt free!

some people were born to be poor,no matter how much money they have, its stupidity

@MFlint-un2tq

9 ай бұрын

That is a sad reality.

Wonder if those costs include insurance

@curiouscat3384

9 ай бұрын

Very good point that no one talks about! The companion expenses on expensive toys.

@vickieclark5931

9 ай бұрын

No, I think that is just the payments. I shudder to think how much the insurance & registration is on those 2 big cars.

@kevinsamson1693

9 ай бұрын

@@curiouscat3384only truck worth 800 plus dollars in payment is the Trx ram for the suv it must be a glc/gle 300-580

@sweetiespoon5150

9 ай бұрын

​@@vickieclark5931Looking at over $300/ month to insure 4 vehicles IF they have clean driving records. They likely pay more than that...

@droid2D2C3P0

9 ай бұрын

Definitely don't.. car payment is not the same as insurance, you pay different entities it would honestly be misleading to combine them so it's a very safe bet there's another couple hundred in insurance on their plates too

I bought a 2007 GM station wagon with 80,000 miles on the clock. Today it has 157,000 and hasn’t let me down once. Parts and servicing are not expensive for this car.

I saw thumbnail and started laughing my ass off. I still drive a 2008 honda accord coupe and I hate the idea of a car payment

All of a sudden I don’t feel bad about riding a bicycle

@chijason6630

9 ай бұрын

Or the bus. As a car-free individual, my total monthly transportation costs (bus + train pass pre-tax, bicycle repair, occasional Lyft rides) are $125/month, or $1,500/year. Total average cost of car ownership is over $12,000/year, saving me over $10,500/year by being car-free - enough for a 2.5 week trip to Europe with business-class flights!

@PInk77W1

9 ай бұрын

@@chijason6630 A lady neighbor gave me a ride to frown 50miles last week. I gave her $100. She was shocked and said it was too much. I said I don’t own a car because u gave me A ride, so $100 is cheaper than a car

Thanks Dave and Jade. How about buying an airline ticket to go sit down with the bank manager and tell that story so you can get of out the debt? I would if this saves me a lot of stress.

Start a used car dealership

LoL...."now your truckless, because your clueless"

Before purchasing a $50,000 car to show off..... keep in mind that you sleep better without any bills. 5 years from now, that car won't be as nice as you think, because 5 years ago, I purchase a sport car for $62,000. And I paid it off within 3 years and sold it for $57K. I took a $5K lost, but I rather keep $57K in my pocket than a car that depreciate every month/year.

@curiouscat3384

9 ай бұрын

You had the use of the car for 3 years - that's a $ 5000 expense - not a loss. People still aren't convinced that a car is not an asset until it's paid off.

These emails leaves a lot of information out.

@Tank-vi2dv

9 ай бұрын

Please fill us in, all mighty Jimmy.

@MrTmenzo

9 ай бұрын

"They can afford it, unemployment pays pretty good 👍" - jimmy McGill McGee 😜

My house mortgage is half their car payment

5:13 this is 2023 we don't talk to people face to face 😂

I don't know how Dave has the patience for this sometimes. I would just let these idiots rot

But Jade, the person behind the letter just stated they lost their job and you are saying pile up their cash.

Why do motorcycles cost so much? they should be $4digit in price max and should not exceed $9000. Also why do they need 2 motorcycles when they have the cars they need?

It's insane how deep people get with car payments because they feel they need a new one. Get a decent used car. It won't be fancy, it will get you from A to B. Is that nice car worth the misery of not being able to afford it?

$852! 😮 damn!!!!

555 for a damn motorcycle? You can take one spill and 300 grand in cars is the cost of admission to the medical bills you’re about to incur

Drowning in debt, but hey he has 4 steel things with wheels under them.

I have no sympathy for people that end up like this. This is lifestyle inflation. There is absolutely no reason you cannot buy a dependable used car. When i see a brand new vehicle all i think is wow that person is stupid. Lol

@littlesongbird1

9 ай бұрын

I don' t know. I bought a new but decent priced car in 2017 and still have it but it was my first new car and I made it a point to double up on car payments and pay it off quickly.

Vehicle prices are finally starting to come down. Cars I was looking at a month ago are already 3-4K cheaper than they were

@mermer7330

9 ай бұрын

Does this apply to Audi and Volkswagen. Also what's the best time to shop for a car

Why do they have 4 payments, some people definitely don't think things through 😮

Unless it's a collector car and you make 3-500k a year that's insane

@MrWookie1981

9 ай бұрын

I love every minute of driving my $2,020 a month car payment.

@user-rw8zj1td9v

9 ай бұрын

@@MrWookie1981 Same. I have a high payment, but it's a rare sports car and I will be able to sell it easily when needed and I'm not upside down. It fits comfortable in my DTI ratio. Our main family car is paid off. I can't imagine having multiple crazy loans and being upside down on family cars.

@jorgefloyd6989

9 ай бұрын

​@@MrWookie1981I wished I still lived with my mommy as well

@MrWookie1981

9 ай бұрын

@@jorgefloyd6989 Too bad she does not love you enough to let you live there

4 vehicles? One for every week of the month? Get rid of the motorcycles...you don't need those.

@amireallythatgrumpy6508

9 ай бұрын

That would be 4 1/3 cars...

I paid $168 a month for 5 years for my car. What kind of “cars” are people buying that cost so MUCH money??!

@dannylengyel5830

8 ай бұрын

Have you seen how much cars cost these days? They cost more now than over 5 years ago.

I somewhat feel good now about driving my 2017 ford fiesta w/ 89k miles i paid $3800 for 5 mnths ago

A harley rider to deliver dominos?

A wise man once said that success is measured not by how much you can make But by how much you can borrow.

@theinevitableend9412

9 ай бұрын

A bank will loan you money if you can prove to them that you don’t need it.