What Did Dave Ramsey Tell Me To Do With My Rideshare Tesla Rental Car?
Check out original video here: • Buy a Car for My Ride-...
This video is for educational and parody purposes under the fair use act
In this video, I share how Dave Ramsey's advice helped me break free from my rideshare Tesla rental, paving the way towards financial independence and debt freedom. Learn about budgeting tips for managing a rideshare business, wealth building strategies, and the importance of money management. Discover how I transitioned from using credit to paying cash, following Dave Ramsey's Baby Steps to financial peace. Whether you're driving for Uber, Lyft, Doordash, or Grubhub, this video offers insights on saving money, generating extra income, and achieving debt-free living. Join me on the journey to financial freedom and learn how to build wealth with a cash car approach in the rideshare industry.
Welcome to my channel where I do Rideshare and Delivery gig apps in a Tesla Model Y. My main apps are Uber, UberEats, Lyft, DoorDash, Grubhub, and Walmart Spark. I also have access to Instacart, Veho, Deliver That, Courial, Cornershop, and Roadie. I no longer drive for Amazon Flex, but you're welcome to check out my videos anyway.
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Пікірлер: 52
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I really agree with Dave Ramsey baby steps are definitely the way
@TheDrivenDad
29 күн бұрын
💯! Hope all is well on the journey for you.
love that call and advice
@TheDrivenDad
24 күн бұрын
Thanks!
Definitely right there with you trying to bang out the debt.. we have a similar amount! Great job! Also great job with the twist at the end!
@TheDrivenDad
Ай бұрын
Thanks! Yeah I listened to the video you discussed that with Mary a couple weeks ago! We have some running buddies!
LOVE IT!!!!! Especially at the end hahaha. Let's Go!!!!
@TheDrivenDad
Ай бұрын
Thanks Vinny!
Bro this was dope. I was really like i wonder what he’s going to say 😂😂😂
@TheDrivenDad
Ай бұрын
😂 thanks!
Wellllll done on this video 😅 I knew as soon as I heard Anthony O’Neil. I met him a few years ago but I haven’t heard from him in a long while. 😂😂
@TheDrivenDad
Ай бұрын
😂 yeah it was one of the only ones I could find about a rental and rideshare haha!
Congratulations The Driven Dad!
@TheDrivenDad
Ай бұрын
Thanks!!
BA BA BAHHH BANGERRRRR - the driven dad
@TheDrivenDad
Ай бұрын
Thanks, Budda!
Hey great channel Just wondering what apps you are using to multi app at the moment? Which ones are working the best for your in the summer season currently? Thanks
@TheDrivenDad
Ай бұрын
I answered on the other comment for the other video! Thanks for watching!
definitely thought it was a real call lol
@TheDrivenDad
24 күн бұрын
lol, yeah i had to make sure to clarify it wasn't real cause it sounds pretty close to a real call lol.
Arent teslas SUPER expensive to repair if the battery dies or it gets a fender bender ???
@TheDrivenDad
Ай бұрын
They have battery warranties and insurance
This is timely for me. I'm considering renting to do delivery and rideshare. What I'm thinking through is the rental payment vs depreciation and insurance and maintenance/repair costs. It seems like a better deal to have your own car, until you are paying $3000 for a transmission, or even $600 for tie rods, not to mention the money for alignments, tires, brakes, and oil changes. Once I put the money aside each week for that stuff, so I have the reserve when the cost comes up, I'm probably paying the same as the rental. I'm basing that on the tax credit given for miles ($0.67/mile). If I take estimated gas out of that, $0.11/mile (based on $3.30/gallon over 30 mpg, I have $0.56/mile, from the tax credit. If I'm driving 150 miles / day over 6 days, that's $504 per week, right where you were with the Tesla. These numbers do not include insurance. Am I crazy or are you in the same spot as you were previously, and maybe worse because of the insurance. I'll be looking forward to see how this goes for you. Thank you for taking the time to document it, allowing all of us to learn with you.
@tonylehn2629
21 күн бұрын
I would do the Lyft Express program because I don't have other good options in my market. That may change everything, If other platforms do not let me use a rental car. Hmmmm...just thought of that. I'd love to hear some feedback from you and anyone else who may know.
@TheDrivenDad
20 күн бұрын
My insurance is $150 a month. I get 40-45 mpg and my gas is average 2.85 with gas app savings. I have had to put a bit of maintenance in. I just paid for unlimited alignments at Firestone. 1 time cost of $200. Also the cost to charge is not included in that $550 and the cost of gas/electricity. I found for myself that the mileage deduction on a basically fully depreciated Prius with relatively reasonable maintenance cost was a better tax strategy for myself. My intention also isn't to keep renting but to buy my own cars and rent them to others and my easiest path to that is to not rent and have a car with no payments.
@TheDrivenDad
20 күн бұрын
Beware of Lyft express options lowers how much you're paid per trip I believe by 20% which is already a low rate compared to low rate Uber too. Just fyi. Check out rideshare guy they have a clip about Lyft express paying less.
Great move
@TheDrivenDad
Ай бұрын
Thanks!
Would you say that even though you’re driving on lower tiers now that you’re actually bringing home more when you adjust for not having to make rental payments? Perhaps it’s too soon to tell since these things always fluctuate anyway?
@TheDrivenDad
Ай бұрын
Definitely without the discounts but summer is definitely bank for black with concerts and events etc.
@thedrivendad - why did you splice in your responses into the Ramsey video audio? I don’t think your intention is to be sketchy - but it’s feeling sketchy.
@TheDrivenDad
Ай бұрын
I just thought it would be a fun way to explain why I chose to end my Tesla rental once the cost went up.
@gregtroester2590
Ай бұрын
@@TheDrivenDad makes sense; particularly when you disclosed the fact that you spliced the audio later in the video. However, it was pretty disconcerting when I hopped over to the original video, though, and heard a woman’s voice on the call and not yours. Could turn off new viewers (this was the first one of yours I’ve watched, for instance) Good luck with your channel and the hustle!
@TheDrivenDad
Ай бұрын
Thank you so much for the feedback!
Rd to the teslas!!!!!! Show us the way brotha 💯
@TheDrivenDad
Ай бұрын
Thanks bro! Will do.
congratulations big step
@TheDrivenDad
Ай бұрын
Thanks!
Damn maybe u can buy another cheaper prius like 2k . And try to work off the 30k . B4 buyin a tesla ? That would be epic
@TheDrivenDad
Ай бұрын
Could be
Dude 😢 played with my feelings’
@TheDrivenDad
Ай бұрын
Now I owe you a FR call 😂
@TeslaRideChronicles
Ай бұрын
@@TheDrivenDadyessss
🐾
@roxcyn
Ай бұрын
🐾
@trixie9867
Ай бұрын
@@roxcyn 🐾🐾
@TheDrivenDad
Ай бұрын
🙏
Dave ramsey doesn't know the rideshare game he's old school doesn't believe in fico score so does any buy a house with out one
@TheDrivenDad
20 күн бұрын
Manual underwriting
@gigadventures8165
20 күн бұрын
@@TheDrivenDad driving but bottom.ñine his theory doesn't worl.who has the money to buy a house full with out payments which he believe bec he doesn't believe in a fico score in someways the amount u drive per day its better to rent bec over time uñl.have more cost with the car than u make what does he know
@TheDrivenDad
20 күн бұрын
Actually Dave Ramsey teaches to pay at least 5% down for first time buyers, 20% down avoids pmi and to get a 15 year fixed where payment is at most 25% of monthly take home pay. Manual under writing with a lender that won't look for a FICO score if your score is undetermined because you have no credit.