Dave Ramsey's Best Car Buying Advice Is Surprisingly Simple
Dave Ramsey's Best Car Buying Advice Is Surprisingly Simple
Jan 29, 2021
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Suckered in to buying a new car? Here's how to get out of it. | Dave Ramsey
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The best car for you is always the car you can afford to pay cash for. | Dave Ramsey
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7M views · 91K reactions | Micah makes $80,000 a year and wants to splurge on buying a $30,000 sports car. He called in to the Ramsey Show for advice. | Dave Ramsey | Facebook
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7M views · 91K reactions | Micah makes $80,000 a year and wants t…
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Dave Ramsey Says Don't Buy A New Car Unless You're Worth $1 Million
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Dave Ramsey Says Don't Buy A New Car Unless You're Worth $1 Million
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Remember that $30,000 car you bought (sorry, financed)? Well, after the five-year term you agreed to, you’ll end up actually paying $33,223 total. On top of that, cars go down in value. The dealer won’t tell you that your awesome new car will lose 60% of its value within the first five years. So by the time the new car smell wears off, you’ve paid $33,223 for a car that’s worth maybe $12,000. I know the idea of not having a car payment isn’t as easy or as flashy as the car commercials make finan
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Remember that $30,000 car you bought (sorry, financed)? Well, aft…
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