It's easy to live poor when you're rich.

@RelaxSanction

4 жыл бұрын

CCW1911 underrated comment

@papermind4010

4 жыл бұрын

CCW1911 he's just telling people basic financial responsibility

@mobattah1029

4 жыл бұрын

I always say this. If you're a well-paid software engineer, you get catered meals at work, tons of free beverages, etc. You could easily live off that and never stop in a Starbucks again.

@SnifferSock

4 жыл бұрын

@@mobattah1029 You shouldn't be eating out, let alone Starbucks of all places, if you have money problems.

@dubnationx86i

4 жыл бұрын

No poor person should be driving a new car. It really is cultural for you Americans. I live in Belgium and buying used car is pretty common and no one fear the unreliability you gotta inform yourself.

"Don't buy a new car... Save $30k and and spend it on a 3 day rental with me!"

@TheRealKillerTomato

4 жыл бұрын

Almost verbatim

@quonsetthehutt3105

4 жыл бұрын

The rentals are clearly not for the average person. In case that wasn’t clear for the last 10 years of this channel lol

@nestam6844

4 жыл бұрын

Didn’t he have a leased car for like 3 years.

@victorwang8623

4 жыл бұрын

@@quonsetthehutt3105 99% of the viewers on the channel are not hes customers lol

@neu18

4 жыл бұрын

@@victorwang8623 agreed

“Mercedes are reliable” *Scotty Kilmer has entered the chat*

@taj9637

4 жыл бұрын

Fabián hahaha best comment 😂

@stlchucko

4 жыл бұрын

Scotty “fix brake lines with compression fittings” Kilmer also compares everything to a 95 Toyota.

@ScramJamJohnson

4 жыл бұрын

Scotty Kilmer is like that guy that goes to every single Town Hall meeting to complain about the loud airport after buying a house next to the airport.

@johanneswarn5488

4 жыл бұрын

Scotty sucks. Annoying hack mechanic

@PatRiot-

4 жыл бұрын

Jonka Olofsson Feel free to share the link to your “non-hack” mechanic channel with more than 2 million subs. Also, congrats on all the success you have to look down on someone as successful as Scotty. You must be quite the achiever.

Murphy’s law of driving nice cars - they are always getting scratched up or dirty . Drive a 1000$ work car -nothing ever happens to it .

@D4x4Bronc

4 жыл бұрын

My $500 SUV probably should of been totaled 4 times. Someone backed into the door with a hitch ball, hail, painted over with fence stain, fender bender wreck. Currently waiting for transmission work at the moment though. With some touch up paint (dents been pushed back out) it's still worth about $1000 no matter what after all the repairs and damages.

@siler7

4 жыл бұрын

should have

@martinwink2063

4 жыл бұрын

Exactly, when you park your nice car away from others, people seem to still park way to close to it

@NativeAmericant

4 жыл бұрын

It’s not Murphy’s Law. If you have a brand new Lamborghini you care more if it gets damaged than if you were in a rusted out bucket.

@iamasmurf1122

4 жыл бұрын

Those scratched up cars though at one stage was new, you can not have a world that people dont buy new cars because cars would not be available later as bargains

*drives a cheap car for 2 weeks after selling a Maserati. *”Everyone should Drive a $1,000 car like me”

@tompain2751

4 жыл бұрын

He's a car dealer.john Q will not get a mercedes wholesale!My thousand dollar cars are crappier.I drive them into the ground,to save money...The final miles...

@lel3450

4 жыл бұрын

Tom From Scranton you’re basically driving the same type of car Maserati is the worst luxury car to own cheaply made and loses its value fast.

@mrtegu

4 жыл бұрын

To me the maserati is also a $1,000 car

@trevagraham1605

4 жыл бұрын

@@mrtegu If I found one for a grand I would buy it only to flip it.

@abel3619

4 жыл бұрын

Maseratis have depreciated so much that it doesn’t mean anything anymore if u own one

I totally understand where he’s coming from But then every morning when I start up my depreciated unreliable f type It makes me happy.

@branflakes1299

4 жыл бұрын

Same here, it’s always about smiles per miles. My 2014 Camaro is expensive at hell but she starts every time and It’s my favorite thing in the world.

@campkira

4 жыл бұрын

well at least uk pound is cheap... so part is little cheaper..

@diegovianavillegas3297

4 жыл бұрын

@@branflakes1299 Cars are just cars....objects. I own a pristine new low mileage E46 M3, it's fun to drive, it looks amazing, I'm a pistonhead, but trust me, it's just one more thing I own, I'm not attached to it, I'm keeping it because it's now inceasing its value and beacause I don't need the money it costs. I wouldn't invest a big part of my savings on a bling-bling car just to smile while praying not to break. My other car is a new Skoda Superb, not a luxury car by any means, but I am not an economic slave of any of my cars just to "smile".

@AMNevesGaming

4 жыл бұрын

@@diegovianavillegas3297 Everything is just objects. Have a little fun in life

@andreranch6161

4 жыл бұрын

Lolll respect

Been living this life before it was cool. 95 Honda Civic. $1000 3 years and still going strong!

@aaron361cc

4 жыл бұрын

Got a 2000 civic ex for 600 under 120k miles. 600 new tires. After two years just put new breaks suspension n radiator at 145 k miles. Wheel cylinder and hub bearing Cost was for about 1.8k in parts n labor. Had to replace radiator fan switch and radiator hose. another -70$ Now need to replace power steering return hose. Been a bit of a hassle but I know I’m getting my moneys worth. Especially if it last another 3 years. Fingers crossed it gets to see the road over 200k miles

@danagroupsrl6613

4 жыл бұрын

@@aaron361cc You spent all that but you're still coming out way ahead of the people going in debt for 6-7 years for a new car.

@doretheahairston823

4 жыл бұрын

i got my 95 civic when it was 2 years old one owner and still drive it today.About to slap a new paint job on it.

@None17555

4 жыл бұрын

@@doretheahairston823 Wow! That's incredibly stupid!

@None17555

4 жыл бұрын

@@danagroupsrl6613 Those people "going into debt" have something to show for it. He may well have just dropped another $2k into something that will be worth $200 in scrap at the end of the month. Servicing a loan, even a 72 month term, means in 3 years you've got something to show for it (a car that isn't a clunker). Where do you think used cars come from? Granted, new cars depreciate so quickly that there's not much to say about those, but when you make payments on a 3-6 y/o car, you've got a car worth about what you've paid. It's not rocket science.

"I drive an old Mercedes that I paid $1000 for because I have 50 backup cars just in case."

@YouTube_stole_my_handle

4 жыл бұрын

And not everyone has the luxury of having a mechanic and network to find a running Mercedes for less than 3k

@Dziugenonas

4 жыл бұрын

@@KZread_stole_my_handle The network to find a running Mercedes for less than 3k is called craigslist.

@MostGenericUser

4 жыл бұрын

Honestly he had a good point but if the average person went out and bought a cheap used euro luxury car like a Mercedes or BMW they'd probably end up buying the car over in repairs fairly quickly. Now if they bought a Toyota or Honda then they'd be fine for the most part and not have to worry much aside from basic maintenance

@Astrothunder_

4 жыл бұрын

ツ Lol seriously

@Aku112811

4 жыл бұрын

Aspiring to Inspire A used car is a used car. It will need maintenance and things will go wrong. I rather drive the old Mercedes over a Japanese counter part since it’ll be an overall better car. Especially if your hands on then the cost is the same. Parts aren’t that pricey for euro cars as some say.

This video just payed for the Mercedes 100k service

@MrTheHillfolk

4 жыл бұрын

Don't even bother , I haven't changed the oil in my beater in 5yrs.

@MikeKayK

4 жыл бұрын

@@MrTheHillfolk Exactly why it's so risky buying used cars. Owners like you.

@gotritons27

4 жыл бұрын

@@MikeKayK, he will have to junk it after the engine craps out. Even for beaters, the one thing you should do is change the oil.

@campkira

4 жыл бұрын

@@MrTheHillfolk yeah... next stop it junkyard...mostowner junk it for steel...

@MikeKayK

4 жыл бұрын

@@gotritons27 If it's a well-built engine (e.g. Toyota or Honda) it won't just "crap out." It'll simply begin to run worse over time, burn more oil, less power, worse fuel economy, etc. A car doesn't just run or not run. A well-built engine can hang on through many years of neglect.

Used Mercedes! Scotty Kilmer just had a heart attack!

@zachg9065

4 жыл бұрын

Richard Garriga Rev up your wallets!

@hewang2555

4 жыл бұрын

Actually, those W211 Mercedes are STILL being used as Taxis in Germany at 300k+ miles and are Running strong

@campkira

4 жыл бұрын

@@hewang2555 but they are diesel.... he said all that thing since he still not found it don't start yet... iimmobilezer alone cost more than the car...

@tcpnetworks

4 жыл бұрын

Nah ... He'll just tell you how much of a 'munny pit' the car is and shout at you for having choices. I'll just buy it and repair it when required.

@billybobjoe198

4 жыл бұрын

@@harorider96 Despite what Japanese car manufacturers want you to believe, German makes are extremely reliable. Mercedes and Porsche have been known for their incredible reliability for half a century. BMW through the 80's and 90's was winning countless awards for their engines. Which proved to be extremely robust reliable engines.

That „I always need a new car“ is kinda a American thing. In Germany Most people have used cars.

@paradiseprod6153

4 жыл бұрын

@JOE Geo thats true but if you drive well and smart and keep a look out in all directions which people should do anyways you should be able to mitigate the risk a little. I think purchasing a well taken care of car such as a civic for example which has a surplus of parts in the market is a smart move for a majority of people if you dont make over 40-50k a year. Oil changes and maintenance will usually get you over 200k miles and if the engine goes bad theres so many shops that will replace it with a used one for under the price of a monthly for a very nice car

@derekdlick2516

4 жыл бұрын

If you buy a $2000 car and put $500 in savings every month you will have the money to fix most problems or buy another $2000 car when it take a dump and still have at least another $2000 in savings by that time.

@Jaxolot52

4 жыл бұрын

Paradise Prod a civic is probably the #1 used car sold in the us lol I can either take 5K and make it a race car or you can spend 500$ and get a good gas milage daily lol

@bubba99009

4 жыл бұрын

Obama did pay to have a million plus perfectly good used cars crushed after making sure their engines were destroyed (they ran liquid glass through them till they seized) - just so they couldn't be used to fix any other cars. Taking all those cars off the road is still affecting the used car market in the US. Brilliant policy.

@BigUriel

4 жыл бұрын

@JOE Geo More often than not a cheap new car is inferior in tech, safety standards, comfort, equipment (basically everything) to an older more upmarket car. You do get warranty but you also get stuck having to service it at the main dealer for years where they'll charge you an arm and a leg for an oil change.

"debt is dumb, cash is king, and the paid off home mortgage has taken the place of the BMW as the status symbol of choice."

@Cupcakeprincess85

4 жыл бұрын

Dave Ramsey lol

@themodfather9382

4 жыл бұрын

Dumb

@vegeta12379

4 жыл бұрын

Car Mike but what if I still want a BMW?

@CarMikeReviews

4 жыл бұрын

Axel Davis then get it! Cash. Or finance it. Credit isn’t bad ... I use it at times...but too many people (most people?) get trapped into buying more than they can afford and end up shackled by their debts.

@randyrawdingii5135

4 жыл бұрын

I have worked for years. Paid off my 08 BMW. It's now broken in the garage AGAIN and my daily driver is an 06 Mazda 6 with 244k miles. Runs like a dream. But I'll NEVER have a car payment again. Not worth it. If you can't afford it new, you can't afford it.

It’s great to hear this from someone as successful as you. Too many people live over their budget and the fact that you drive a $1000 car helps us understand why you are being successful.

@markwing05

4 жыл бұрын

Exactly. I had a coworker who lived dollar to dollar. His car broke down and I told him to get a 99 Camry because it was affordable for the situation he was in, cheap on gas and had 4 doors for the kids. He's only looking at BMW 3 series because that's what he likes

@coldpizzasoda8641

4 жыл бұрын

Don't forget he has owned various ferraris as his personal vehicle. They just weren't his daily driver.

@RJT80

4 жыл бұрын

He also has the money to eat a lemon. You might never have a problem with a $1000 Mercedes but if you do then RIP. And I've never seen a 2010+ low end Merc for $1000. I'm sure they exist for us mere mortals but you are talking car lots run by Javier on the wrong side of the tracks. RIP. Personally, for a reliable car to get you to work and back I think the much better option for 99% of people are the 2014+ Asian import sedans with 50-60k miles for $12,000 and a $200 car payment over 3-4 years. If you can put down ANY money at all that's even better. That's what I got my mother. A 2016 Sonata for $11,000 with 58k miles. Very comfortable ride with Android Auto, a really nice stereo, and gets 32-38 mpg all day. She put down $4000 and has a $130 car payment over 3 years.

@stuartd9741

4 жыл бұрын

Not necessarily. Mr Ferretti has access to high end vehicles on a daily basis. I would suggest Rob has exotic car fatigue. A bit like a barista working with coffee all day er, probably doesn't drink much coffee regularly.

@quonsetthehutt3105

4 жыл бұрын

R T I’ve owned Mercedes from the supposedly “worst reliability” early 2000s like the one in this video. If they’re driven weekly they are perfectly reliable. Things do go out faster like suspension components and engine mounts. But on a beater like this nobody cares if it rides rough and has engine vibration in the cabin. Mine never left me stranded. Even started right up in -13 weather.

1:58 im sorry bro but cars after 2010 are new cars to me lmao

@thivakarsaravanamuthu4744

4 жыл бұрын

Cars after 2006 are new for me

@imkirbo3094

4 жыл бұрын

His point is that you can buy a 2010 car for next to nothing and it'll be more reliable than you expect...

@thivakarsaravanamuthu4744

4 жыл бұрын

@@imkirbo3094 true we getting just joking around

@JonathonBarton

4 жыл бұрын

I know, right? I used to own a 10 year old M3 (it was a '97), and I keep thinking that if I replace it with another ~10 year old M, I should be looking at an E39, not an F10!

@E_tiBEAMERBOY

4 жыл бұрын

Jonathon Barton pretty damn reliable V8 in the E39 M5 especially for BMW standards plus it’ll only go up in value

Been driving a daily shitbox since I was 18, Im 38 now. It really is the only way to go. Prevents you from getting mad when people hit your nice car, you can get that close parking spot, you can scratch it, dent it and not get mad

Thank you for making a video on this topic. Hopefully it will help someone in the car buying process. These are things I wish I knew when I was younger.

You’ve taught me more life lesson than both my parents combined. Due to this, you are no longer Mr. Spaghetti, you are now Dad. Thanks for the valuable information, again, Dad.

@mikey380sx

4 жыл бұрын

Mr Spaghetti Dad

@jacobsellars7910

4 жыл бұрын

mikey380sx mr spadaddy

@mikey380sx

4 жыл бұрын

Ford Gt Mr Spagdad

@TheShowOff2I

4 жыл бұрын

TEEDUBS All of you are a Bunch of Corn Balls.

@Dockhead

4 жыл бұрын

@@mikey380sx phew i know id rather be in spagdad than baghdad.

Today, Mr. Spaghetti says that sometimes it’s not delivery, it’s Digorno.

@OnlyNotes

4 жыл бұрын

This deserves top comment

@thatsyrianguy487

4 жыл бұрын

That was actually hilarious

@dizzy212

4 жыл бұрын

Haha

@Blunderbreast

4 жыл бұрын

Favorite comment I've read in a while lol

@bryanlettow4389

4 жыл бұрын

It's not delivery it's Little Caesars

I have a Lexus but I just bought a $500 5-speed Tercel for the winter and I’m loving it! I was driving behind a dump truck and had gravel was sand blasting my car and I didn’t even care... Plus I don’t worry about people dinging my doors in parking while I still get great gas mileage.

That's very informative 🙏🏼,I drive a used 2001 Toyota echo..so smooth fuel saver no hussels be it parking or turning in a tight spot..love it

I bought a 2019 Honda Accord and regret it. I haven't had a car payment in over a decade and it hurts to have one again. It's a great car, just wish I didn't have to pay for it. Secondly, if feels like the car OWNS me. I constantly thinking about it getting rock chips, dings and scratches. I should have bought a 10 year old sedan. Oh well.

@brandoncaldwell95

4 жыл бұрын

Be happy to have only a 300-400 payment. I hold a $1000 payment for my 1 ton im growing into as my 1/2 doesnt cut it..

@peskachina

4 жыл бұрын

It always hurts to get rock chips or door dings, i take car of my car regardless of its value or age. That's a problem if the car is old because i would spend all my time (and money!) trying to make it look brand new so in the end i live better with a newer car ;-)

Rob is just a legend period, spitting game to us on how to be successful. Love it!

Good advice man, more should do exactly that. I picked up a “grandfather” W212 E350 benz, full load for $12,000 it had 16,000 miles. It runs perfect, just maintenance. All paid

Rob, I have a newfound respect for you. I'm glad you are telling people to be wise with your money. So many people don't know the truth about car payments.

Ayy lovin the frequent uploads my guy

“I saved some money on the sign by not buying the s”😂

I just subscribed after this great video. That is phenomenal advice, Rob.

Top Gear Top Tip: If you’re lucky enough to be able to afford a nicer car go for it, if you’re not there yet drive what can get you where you need to be safely.

Rob I think your actually really smart now! That makes it sound like I didn’t think you were before , but that’s not true. Love your channel Sir, thanks for putting out the videos.

Older, Much Wiser Mr. Spaghetti: "I don't need to impress anybody, I'm driving a decent mercedes..." Younger, Super Speedy Mr. Speghetti: "I'm buying a shiny corvette, come HELL or HIGH WATER!" Hindsight is always 20/20, right?

@LaSombraa

4 жыл бұрын

I think it’s fairly obvious that younger people make stupid mistakes and the older you get, the wiser you become. I’m typing this as I’m getting ready to get a Maserati Levante at 20 years old 🤣🤣

@TheRSAngle

4 жыл бұрын

@@LaSombraa why would you get a Levante tho?

@amanwithaplan4103

4 жыл бұрын

Live and learn

@xekret

4 жыл бұрын

Its all about perception. I used to think the same way, now I drive a 2003 Corolla shitbox.

@LaSombraa

4 жыл бұрын

Jakob Why would I not get a levante? And it’ll be a CPO

Totally agree, Rob. I drive an '02 Mercedes C320 wagon. Has 245k on the clock. Paid $500 and put another $300 into it. It's a comfortable, reliable and practical daily driver.

@DrewTyler15

7 ай бұрын

still have it?

THANK YOU for saying this. I do exactly what you do. I have my beater daily driver (06 Volvo S60R) and then spend my money on my fun cars. It makes being a car fanatic so much more stress free.

Today Mr Spaghetti explains how the rich get rich and stay rich

@MMA-mh9uv

4 жыл бұрын

Imagine if people would invest $500 a month instead of blowing it on a car, that is going down in value.

@RA30st08

4 жыл бұрын

Well that's life huh? I drive a 13 year old A6 and have invested the rest of my spare income. It just astounds me all the people I know that do as Rob says and essentially rent a car for a premium and in the end lose heaps of money. As the other guy said, you can't fix stupid. There's a reason there's a link between intelligence and wealth.

@mrtegu

4 жыл бұрын

Honestly tho

"Cars starting from 2005 and definetely 2010..." RX8 HAS ENTERED CHAT lol dont mind me just sobbing over my dead Mazda

2:19 "it has plenty of seats in the back"... Hahaha wow!! Why didn't you lead with that. That's amazing

"why I drive a $1000 car"- I'm broke.

I mean you could do that without necessarily buying a “cheap” car. A used 15-20k $ car usually eliminates the risk of costly maintenance and gets you a good looking car.

@Eric-zs6rd

4 жыл бұрын

is the maintenance going to cost 14k on a 1k car? Nope. Even if that 1k car just lasts you 6 months before coming due for a 5k dollar repair, you're way way ahead of the depreciation and taxes that you paid on the 17k car.

@rkan2

4 жыл бұрын

bs, you can buy another 1k$ car 15-20 times for that price... Especially in the US the capital costs make most cars you take a loan for cost much more in total.

@shadow7037932

4 жыл бұрын

That plus it'll generally be a new model year (2010+) so the car will be safer than say a old 90s car.

@Dockhead

4 жыл бұрын

OP talks as if people even have £1000 come up the north east some of you will get a good shock at how poor some of us live by. ive got a mate who swears down he will never pay more than £500 for a car and hes on his 4th one over 4 years at a total cost of £1450(without everyday costs), so who wants to tell me its possible to pull out for a 25k car and its usual costs of tires, fuel, wiper blades, mot's, and services and all else ive missed and it still be cheaper than that in the long run?

@Dockhead

4 жыл бұрын

@@shadow7037932 you ever seen a 13 plate fiesta crash?, yeah 2010+ my ass sorry pal. although amg and mercs legit are amazing at safety.

My daily driver is a 2001 Acura CL S...she is awesome. No car note, maintenance is low and for me it's perfect.

@bored2323

4 жыл бұрын

Stephanie Nicole that car just like most Honda and Acura automatic transmissions will fail , I would sell that before the transmission blows and then your left with essentially a worthless vehicle as the transmission repair exceeds the value

@MikeKayK

4 жыл бұрын

@@bored2323 If it's not a high mileage car that's been maintained well and not beat on, the transmission may be just fine. Pretty sure those cars were also available with a 6-speed manual transmission.

@AnythingMike

4 жыл бұрын

Mr S what about a 2003 Honda Pilot?

Great advice, you're spot on. You obviously have real experience.

One of the best / most sensible vids I've seen here on YT for years,,,,,, 100% agree with your thinking on this,

Dave Ramsey approves 👍

@venom5809

4 жыл бұрын

Dave Ramsey tells dumbasses to live cheap and buy his shit and then takes your money and lives in a fucking castle. 😂

@SnifferSock

4 жыл бұрын

@@venom5809 You clearly don't know who Dave Ramsey is.

@quonsetthehutt3105

4 жыл бұрын

venom5809 his “shit” is books lol. Hardly the most expensive thing in the world. Smart people read books. Dumb people mortgage their house to attend a $7k how to buy tax leins seminar and get juked.

@THEGAMINGHELP101

4 жыл бұрын

@@venom5809 Dave Ramsey is right about alot of things. His investing strategy and credit card advice is the one thing that is not the greatest but still way better than alot of other peoples investment strategies.

@RyanColby1225

4 жыл бұрын

Beat me to it

How is a Mercedes like that $1000!?

@renjoh

4 жыл бұрын

The amazing law of Mercedes depreciation 😁

@VeganRashad

4 жыл бұрын

Adam B-H that's one of my dream cars and it's not 1100 bucks here in Chicago

@renjoh

4 жыл бұрын

@NPC #34254334 Response: well that's because you Europeans value junk to much 🤣

@renjoh

4 жыл бұрын

@@wudntulike2no32 yeah no, lol Mercedes depreciation rates have been horrid many years before Tesla even made the model s

@fanmajnekrofta27

4 жыл бұрын

@NPC #34254334 Response: at least $22k for a working, decent 2004 s-class in denmark

Yes smart advice. I wrote an article a long while back about new vs used ownership. It mostly comes down to what you can do yourself, and how much spending money you have after expenses.

FINALLY THIS VIDEO NEEDED TO BE MADE THANK YOU !

*I really don’t think there is a worse use of money then buying vehicles. Good video.*

I see a lot of nice S550's..... at the laundromat with the hood up while the owner fills it with expensive ass Mercedes oil. Cracks me up everytime.

@surfertube44

4 жыл бұрын

But the best ones are the Audi's pulling into 7-11s and buying oil because the oil light came on and they dont know were to buy oil! no joke.and this was one of the 80,000 dollar two seater sport cars.

@D4x4Bronc

4 жыл бұрын

You know they using the no name gas station oil

@mr.butterworth4216

4 жыл бұрын

@Sean at least they’re using the expensive oil. Nothing turns a nice car to trash like ghetto ownership. Getting purchased by some broke-ass who just wants to show off, but doesn’t put any money into proper maintenance/repair.

@bbhoustontx

4 жыл бұрын

s=bad e=good

Very good advice for the most part. There isn't a huge supply of decent, well-taken care of $1,000 cars out there (with less than 140K - 150K miles), and I think all of the same logic applies if you up your budget to $3,000 - 4,000. Many more buying options in that price range. And when you get the car, spend some money on getting the thing up to speed on maintenance unless you're sure things have been done. (The timing belt/water pump service on Japanese cars comes to mind.) Rob is right: most modern cars are very reliable if you maintain them and car go 200K+ miles without much of a problem.

Great Video Rob, I turn a tons of heads in my 1968 Beat up Chevy Nova 4 door, everybody in the gas stations talked to my about the car, my DD it's a 03 Infiniti M45 and I Love it, only 106K and do the job with that V8.

I remember the leaving last S for savings commercials.

@YOLOnyc

4 жыл бұрын

1-800-MATTRES!

You’re right BUT you’re in a unique position that you can drive a “beater” daily while having the option to drive whatever isn’t out on rental.

@quonsetthehutt3105

4 жыл бұрын

Justin De Bel when you own a beater it puts you in a position to own more than one car cause you’re not living paycheck to paycheck.

@JustinD630

4 жыл бұрын

Quonset TheHutt all relative to income amount.

@brandoncaldwell95

4 жыл бұрын

Yep, tired of my 1/2 failing so.its on the chopping block. Just dont like the $1000 payment of my 1 ton...

@---cr8nw

4 жыл бұрын

Justin, you can also be in the "unique" position of having options. Buy a beater car for $1,000 - $1,200 (even if you have to finance it over a year). After it's paid off, save $200 per month for 2 years and then buy a $5,000 car. Now you've got two cars. A $5,000 car as your daily driver and a (depreciated) $800 car as a backup. Keep saving your money. It won't be long before you can afford to buy a low-end new or new-ish car. But don't do it. The longer you keep driving beater cars, the more options you have.

@brandoncaldwell95

4 жыл бұрын

@@harorider96 I can agree however only for so long. See, i bought a new truck. I dropped quite a bit on it due to my payment in a year. However its still financed for 7 years total. Truck was listed at $68k Discounts, TTL out the door $70k Pay $1000 a month 1 year of payments put me at $61k Still another 6 years to go. However, ive had it. Pay that proce for a year and realise in 2 years i could have paid off a much older same model rig at $20k and 150k miles. This is why i dropping the new truck to buy a muh older one with the SAME OPTIONS. Not only is it smarter, but i do not deal with 50% of the BS emission systems they put on. Oh, and just because you take care of your new car doesnt mean everyone else will watch for it. In 6 months, ive had 7 scratches and a dent put in by other people. Keep in mind, i parked far away from everyone yet they still targeted a new $70k rig. One guy threw a ratchet strap axross his truck nailing my fender. I couldnt do shit about it but makehim confess to it (i watched him thats how i knew). Again, just get beater after beater. Much less of a headache.

This is a mature take Rob - took me a long time to figure out but have been living this way for 10 yrs now. Work in auto industry with multiple dealers and every single one of the salesmen tell me that 90% of new car loans are 84 months often times with negative equity rolled in. Total insanity.....in my neck of the woods the worst offenders are domestic SUV and full size truck buyers.

I had a 2005 E320. It was an amazing car, reliable and really comfortable! Loved it!

I was telling my younger siblings this but of course they only listen to me when someone else other than me says it. So thanks for giving me this video.

@BuyTheDip627

4 жыл бұрын

Lool

my dad always told me. if u cant pay for something in cash, u cant afford it

@MrWoodyBalto

4 жыл бұрын

Your dad is a wise man.

@venom5809

4 жыл бұрын

Paying cash has nothing to do with affordability and your father clearly knows nothing about leveraging your money to make more money, tax advantages etc or anything else. Even multi-billionaires have mortgages.

@chrismiller6822

4 жыл бұрын

What about purchasing a house?

@billyrudd2786

4 жыл бұрын

The housing market is artificially inflated by broke people willing to be saddled with a mortgage for 30 years

@alexm5209

4 жыл бұрын

Except when you buy something that's gonna grow in value, like a house. But it doesnt make sense to take out a massive loan for a car that's gonna be worthless in 8 years haha🤣

Great post. I agree with you 100%!

I do daily two different Ford rangers totaling $1000 combined. They both have over 200k miles and runs like a dream. I drive it on 1200 mile round trips at least once a month and they have never let me down.

A $600 300k mile Subaru lasted my mom 3 years!

"don't need to impress anyone" *is still driving a Mercedes

@LookOutItsCar

4 жыл бұрын

He is an old man, needs support for his old back 👴

@jeffreyrose4240

4 жыл бұрын

@dannie curlett is that even a S class.. looks like an E class to me.. and a 10 year old E class isn't impressing anyone

@jeffreyrose4240

4 жыл бұрын

@dannie curlett Not even close, S class is the flagship. the E class is a full size sedan but its smaller then the S class

@LookOutItsCar

4 жыл бұрын

@dannie curlett older luxury cars like that Merc are very plush

@buddypines

4 жыл бұрын

humble brag of the year

man your speaking my language. been watching you for years but i dont know if i have seen you get this into the new car lease and loan scam this deeply before. kuudos, and cheers.

“Obviously i have other cars” -rob * shows his 50 car garage*

What year is the daily driver?

$900 2001 Corolla daily here...LITERALLY have changed the oil for the past two years, it's great.

@dirtysanchez4753

4 жыл бұрын

Wow you got lucky

This is really good advice.. I own a mazda axela 2007 sedan 2nd hand. Bought it back in 2015 and still drive it around now 2020. The only major thing I changed was the underarmbus rubber. An oil service change every 6 months makes it drives again like a brand new car. I recently bought two diesel powered kia sorentos 2004, which need to get proper service and engine parts. If you perhaps know where I can find the parts, let me know. I can’t imagine a day without my daily car.

This video needs to be shared everywhere, especially in classrooms from high school to college and even higher education.

Im a fan of buying a 2 or 3 year old car, I think you get a little bit of both. The majority of depreciation is done but the car is still somewhat new and in good condition and usually comes with an extended warranty and newish tech. If you get a "normal" Japanese car like I did (an Accord) it will hold it's value pretty well too. Only caveat is its slowly crushing my soul. lol

I love hearing you preach this! Very humble man. I paid cash for my car and don’t have to worry about interest or a crash like you talked about. I own it. Much love to you and your family.

My old E-class 320 V6 diesel has over 520.000km's ( about 323.000 miles )on the clock. i admit i had to change a lot of normal wear bits and do a little bit of rust repairs at last service( In Denmark, rust is just a thing you gotta live with ). but, i love it. and it was cheap!

You nailed it on this video! I daily drive a mint 1981 vw rabbit diesel that gets 45mpg. When I wanna drive something nice, I drive my 68 dodge charger, and I'm buying a '13 bmw M5 F10 on Monday. Awesome video thanks for sharing!👍👍

Rob has never heard of gap insurance... or more key... auto insurance that includes it, so that if you buy a new car, they'll cover what you owe on it...

@waltercodbollocks3175

2 жыл бұрын

At extra expense to you.

@Kody963

2 жыл бұрын

@@waltercodbollocks3175 came standard for me

Dave Ramsey has entered the chat

Rob: "Daily drive a $1,000 car... itll save you money" Also Rob: "I just bought this Ferrari 488 for 400k"

@Bournefort

4 жыл бұрын

You can't get rich without having financial responsibility.

@D4x4Bronc

4 жыл бұрын

Drive that 400k Ferrari as a daily driver it's devalued beat crap in 1-2 years. You can't lose much on a vehicle at the end of it's depreciation value.

@iSOBigD

4 жыл бұрын

The Ferrari is an investment since it helps his business make money. They pay themselves off.

@Mexxx65

4 жыл бұрын

@@D4x4Bronc Exactly D4v4 !!!!!!

@Atombender

4 жыл бұрын

@@iSOBigD Bullshit. Go to ebaymotors or autotrader and check out the asking prices of '16 Ferrari 488's. They have already lost 1/3 of their original value.

It is good and smart advice if you do the research and prioritize purpose over desires. Unfortunately, most people do not seriously research cars until they need one, and then they don't have time to do proper research because they have to have a car as soon as possible.

Rob, you said on your E-Class that you have 160k on the clock. Take it to Mercedes to get a high mileage award. But to your point on getting a $1,000-$5,000 car, you run into the problem of repairing the car that meets and exceeds the price of your car and you have to say is it worth it. When buying a cheap car, you can run into issues with it that are not covered.

@xtune5731

4 жыл бұрын

Andrew got a free truck, cost me 50 bucks in gas to pick it up, $3000 in repairs to make it safe for the road, nada values it at $6500. Have since put 25k miles on it. Another story. Bought wrecked ford 500, materials and paint

@HawkinPwned

4 жыл бұрын

@@xtune5731 don't sign the title when you buy it and just hand it over to the person you're selling to and sell unlimitedddddd cars

@xtune5731

4 жыл бұрын

Nicky sounds like a plan but not something worth risking..

@inspectorchicken

4 жыл бұрын

Any car will cost you a few hundred to run each year in maintenance. Doesn't matter if it is brand new or 20 years old. What rob is talking about is depreciation and interest, this is what costs you money when you buy new or slightly used.

@ayumu-senpaii

4 жыл бұрын

Andrew you have the mentality of your average moron. Youre spending money to maintain a car regardless of its age. You only care about value if youre a moron who always has to have a car thats worth something, to put on a new car that loses 15% of its value as soon as you drive off. Once yoj do the calulations you realize how much money you lose always buying new or newer used cars.

That’s why I bought a 2019 Camry as my daily driver. Worth 26k and with monthly payments of 270 a month. I know that if something happens to it I can afford it. But since it’s a Camry it should last a good 2-300k miles easily.

@Mspafford91

4 жыл бұрын

Pedro Delgado Hernández my 2004 Toyota 4Runner is about to hit 250,000 miles. I drive it 100 miles a day round trip commute. Still looks and drives amazing! Will never get rid of old reliable!

@nomorebreaksmigo5412

4 жыл бұрын

Pedro Delgado Hernández lol ur working ur ass off for that Camry I bought a 2014 Chevy Cruze for 3800 only had 125k miles never do payments. I’ll be getting a truck soon

@cdsersd2d

4 жыл бұрын

@@nomorebreaksmigo5412 - Actually, it really depends on his earnings and how much time he has. If he makes over $60K a year, $270 is probably more than worth it for a newer car and less headaches.

@dirtysanchez4753

4 жыл бұрын

Toyota's use to last that long when ever Built-in Japan but the the ones the last 15 years have a lot of problems

@bbhoustontx

4 жыл бұрын

@@dirtysanchez4753 .... what? people saying things they know nothing about! I have been buying Toyota's at least 25 yrs or longer. I have owned Mercedes, Nissan, Ford, Crysler (1957 @ 16yrs. old), Lexus none, not a single one was better built than the Toyota's excluding the Mercedes and Lexus which was pretty solid . I have a 2004 4-runner 190k miles, Newer Tundra and Mercedes..... all trouble free. Old ass Toyota all over the neighborhood still running some in the 90's. Don't give off misinformation unless you have proof. Anyone with half a brain knows the reliability of a Toyota.

I considered this video packed with good tips from someone that has the courage to touch a topic that most will considerate unpopular. I would like to thank the maker for his courage to expose the true facts of car ownership, The fact of the matter here is that there is little to no advantage other than the smiles and giggles of the average joe when buying a new car. Car dealers and banks will get the laugh from the time you buy and pay visits to there service department. I agree 100% no matter if you can afford the payment, don't buy it, no wonder money tends to gravitate towards like-minded people, all others keep it on making that payment. Banks, dealers, and insurance companies love to see your smile.

My $1300 dollar Ford Escort has served me really well. I’ve only done preventative maintenance to it. It’s actually a nice car. The tear in the interior is a small one in the drivers seat. Exterior wise it has a few small chips on the hood, a couple of dings, and a nik on the front bumper after I pumped into the back of a trailer hitch. It’s taken me on two 13 hour road trips and it doesn’t burn oil. It gets the job done.

And here I am daily driving my 24 year old BMW E38 740i, it never quits and has never let me down.

@danielrobinson2861

4 жыл бұрын

Best looking bmw

I daily drive a 2004 CR-V. Best thing I ever bought and it's great in the snow lol

This is also my perspective on vehicles in general, when I was 18 I bought a brand new GTO from a dealer that was around $37,000 with financing, felt like I was paying for it forever. After I paid that off its been only used vehicles from then on, I didn't have the mechanical knowledge back then that I do now, but only if I knew that its not that hard to find a good used vehicle and fix whatever issues it has for it to be reliable. Which I have now done many times since then. The best thing about used is no monthly payment and the savings. I could have done so much with that extra $30,000. Live and learn though.

Love this🤙🏾💯

I wish I watched this when I was 18, spent all of HS saving up for my car dam

WOW! I wish I thought of doing this instead of buying a 918 spyder to daily.

Good advice. Funnily enough my current car was manufactured late 2010 and I still have it in the dying days of 2019 and not a single problem so far (I keep it fully maintained though which I think is key with any car). Agree that modern cars just have better longevity. The earlier my cars manufacture date was, the sooner they had issues. That said, I understand for a young(er) person, it is nice to have a new or near-new car once or twice, just so you can learn that the 'joy' doesn't last long (but the payments do), it won't get you the friends or relationships you think it might (most people don't care and if they do they are as likely to resent you for having a nice car as they are to want to hang with you) and you have long enough to reflect on the other things you could have done with that money, like retire early or pay your house off a lot quicker.

Thank you. People need to hear this. It's crazy what the norm is.

Bought my vw 10yrs ago for $1k.... still rolling and less than $1k over the 10yrs in up keep (not including tires but those are cheap too from free to $200 for 4)

@THEGAMINGHELP101

4 жыл бұрын

Where the hell are you getting 4 tires for less than $350 and installed on your car?

@tinderinc

4 жыл бұрын

Craigslist I never buy new ones for the car 70-90% are easy to find for $200 or less and I also have family who scraps so I can get a set for free when needed.

@tinderinc

4 жыл бұрын

haha I don't drive average miles, I do oil changes once a year myself with a synthetic oil rated to go that many miles. Its less than $40 per change or $400 for 10 years the fuel filter was $25 and the front brakes on ebay are $50 (its a man tran so I use my gears more then the brakes). I Changed the timing belt it wasn't much ($20-$50). I needed a new rear wheel bearing $25.... Tran fluid change less than $40 diy... Now I need to do the rear shocks ($200) but this will still come in under the $1000.... If I paid labour for sure it would cost me over $1000 for everything but I have a pair of balls and know how to turn a wrench. Most of these jobs took me 1hr or less and where done over time so its not really any hassle minus the timing belt. I also recently spent $50 on china sound proofing and it really works for the price I am impressed... The exhaust broke at the flex pipe so I took some all around made a bracket with some flex and welder up.... I bought her with a 1-2yr plan but she has been so reliable and affordable I kept her for 10+... Oh and new / used battery for $20 and coolant flush / change cost of fluids. Its still under the $1000 mark.

@THEGAMINGHELP101

4 жыл бұрын

Tinder inc All the thing’s you listed go over 1k if you are using quality parts. Also really a used battery? What it’s going to last 1 year?

@tinderinc

4 жыл бұрын

hahaha most parts are from lordco? (napa) I haven't had issues the brakes are from ebay they have been good for the money. The battery came from a wrecked car / scrap car its only a few months old should last the 5yrs like most new batteries if not $20 more some time down the road and I'll have another battery... a new battery in Canada is over $100+... why would I buy new when I have had no issues with a used like new battery?

Rob, the channel needs more explosions.

Thanks. I was looking into getting a 40k car even though I can afford it, I don’t need it. My 2004 highlander still works fine

I really appreciate that you tell this tale! I think my son and his friends should learn this lesson he thinks a first car needs to be a 90k truck.... meanwhile we drive only cars that we can pay cash for lol

161 Miles is "New" where I come from 😂😂😂...

@mrcarson7765

4 жыл бұрын

Engine that has not been rebuilt is ''New'' where i come from...

@tientrinh943

4 жыл бұрын

130k miles is still in the showroom to me

@pierobotteri6646

4 жыл бұрын

220k is just breaking in

I own a 1000 dollar car for a long time now and here is some points for you: 1 its never right, either something clunks or check engine is on or something, you are always chasing problems one after the other or more likely live with them, dented, scratched body work and worn torn interior are out of question, its not worth the money to repair so you must live with it and that drives my pedantic side insane 2. You are scared of trips far away from home cause you feel like its a ticking bomb until it fails and you dont know when but when you give it a good workout on a highwat for 4 hours thats probably when it will blow 3. You dont want to repair it because it will add nothing yo resale value but you also dont wanna sell it cause you are in too deep already so you pay stupid money to mechnic to keep it on the road and vicious cycle continues

@surfertube44

4 жыл бұрын

But its not 800 dollars a month for 6 or 8 years, get a good used car and learn to fix it, the news ones are even a bigger POS but there shiny

@microsoftaddict

4 жыл бұрын

Learn to fix it yourself and you won’t have to pay the mechanic stupid money, stupid! Hahahah I bought a 600 dollar van a couple months ago and didn’t hesitate to drive it on a 2k mile road trip because I have a bit of knowledge from the good old KZread university

@GenEmperor

4 жыл бұрын

I think your situation would change if you started buying a used car known for reliability.

@darius2640

4 жыл бұрын

@@GenEmperor well its a 99 honda, doesnt get much more reliable than that, but its got 280k km so anything would be clapped out by now

@GenEmperor

4 жыл бұрын

@@darius2640 I was also thinking it could be that even a known reliable car which wasn't properly maintained early on could have many issues.

This statement is so true. Since we drove "old" cars, we are able to pay for a good privat school for our children, we can easily go on vacation once ore twice a year, only by the amound of money we save on this way. I have to admit, to be capable to fix some technical problems on your own seemed to be helpful. And there is also no need for renounce. Currently our Familycar is an eleven year old Renault Vel Satis, I bought two years ago for 1500,-€. A five star crashtested car with more luxury equipment you realy need. My wife is driving a Renault Twingo and she loves it. Greatings from Germany

Great video! I picked up a 1998 Lexus GS400 with 110 000 for $1500, which is my daily, and then I enjoy my 911 on nice days! Best 1500 I’ve ever spend!

I have a fleet of disposable cars.when the cops take one i laugh like i can afford it.then get in the next one.ill bail my bike and Datsun out but none of the other ones.

Today Mr. Spaghetti tells us that he likes to use cheap packaged meatballs from the supermarket when he cooks for himself.

I agree. I bought an expensive car that I could afford, but all his points still apply. It takes about a year for the latest, shiniest thing to be, well, a year old. You worry about scratching or denting it (particularly if it's a lease) and if it's flashy enough, there's a certain degree of 'unwanted' attention that comes with the ride. Even if I do buy another new car going forward, the idea of "flying under the radar" is very appealing.

Parking stalls here in vancouver are getting narrower in some urban areas, and a lot of jealous a-holes love door striking nice cars! Nice to have a “beater” in high risk places.

The W211 Benz's are reliable especially the V8's

@bl88-88

4 жыл бұрын

Agreed. The w210s are as well as long as you watch out for rust. If I remember correctly, the v6 m112 and v8 m113 engines are mostly the same with the m113 just having an extra two cylinders hanging off the back. V8 avoids all those pesky v6 balancing issues too

@shawna7813

4 жыл бұрын

Too bad they both have the same crappy plastic intake manifolds. Other than that, they're bulletproof.

@peterlehmkuhl1985

4 жыл бұрын

@@shawna7813 I just double checked my car and it has an aluminum intake was it other models?

@shawna7813

4 жыл бұрын

@@peterlehmkuhl1985 . The flaps that control the opening and closing of the intake are made out of plastic,(the intake itself is aluminum) which breaks after being exposed to severe heat for prolonged periods. They're prone to breaking and you have to replace the entire assembly as a result. Google a pic of it, you'll see all the Black plastic flaps on the sides....That along with the balance shaft on earlier models are the only weak spots. If you don't have those issues, the m272's are usually bulletproof...

@Sammy-fg4py

4 жыл бұрын

That occurs on higher mileage engines that dont have the centrifugal oil separator replaced. there are repair kits just to repair the actuators and not change the entire manifold. Oil cakes up the flaps and breaks the actuators. M112/ M113 are bulletproof. Next gen M272 and M273 are decently reliable just watch out for the balance shaft issue and I change the oil separators at 100k miles preemptively.

never heard of Gap covereage?

@gordonil30117

4 жыл бұрын

The best thing since slice bread

@1hotv8

4 жыл бұрын

Truck Flips exactly!

@Stevenyc69

4 жыл бұрын

With gap there are so many stipulations, I learned the hard way. I got in some financial trouble to help pay my daughters medical bills. So I had to start paying about two weeks later. They said no problem. Got rear ended and car was totaled and I was told that no payments that were not made on time will be paid as it didn’t meet their criteria for coverage. So fortunately it was only 2k but I had still to pay my car payment and a new car payment which was a nightmare. Just my two cents. Read the guidelines. I wasn’t told this when I signed up but I guess I should’ve done my homework when I signed up for GAP.

@Julian-do7bv

4 жыл бұрын

Esteban I’ve always had the gap figured in so you have no chance of it not being paid for

@burntxtoastt

4 жыл бұрын

Truck Flips gap saved my ass when I totaled my 05 tc. $3 extra a month for gap. And payed nothing outta pocket

You are absolutely correct! I never buy new cars and I do very well with the used ones.

This was the best video you ever made. For real