I dont dare finance a car because of the fear of running into Dave Ramsey while driving around!

I just paid off my car loan TODAY, MARCH 27, 2017 because of Dave Ramsey!!!

2009 Toyota Camry here with 214K miles on it. Still driving strong, and NO CAR PAYMENT 🤗

I own a 2005 honda accord, no debt, $50k emergency savings, $110k in my CD account, $300k in my 401k. and making $100k per year!!! LIVE BELOW YOUR MEANS!!!!!

let them buy the hot cars, so that i can buy them used 3 years later :-)

When I fill up the gas tank and replace the tires, the value of my car doubles! Thanks Dave! It is totally worth it!

No car payment is much much nicer than a brand new car !

I have a 15 year old car with 140k miles. I am debt free and make 70-80k/year. I am itching to buy a 24k car, but I would have to take outa loan. I keep coming back to Dave to set me straight again.

That's crazy! $500 a month on average car note. Never owned a car, but I will pay cash for my first one when I get it saved up!

I drive a 1998 Ford Taurus. It's nice not having payments.

I'm 26 & debt free. Working, renting, College graduate, 2014 Honda Civic, 20k in the bank, thousands of dollars spent on hobbies. Smart living is good living!

Haven't had car payment in 3 or so years gotta say it is nice. Never again next car is cash.

As of today my car is now paid off.

I took a 1 year car loan with $283 payments. I'm not going to wait 1 year to pay it off though. I'll have it paid off by may. Thanks Dave Ramsey👍🏻

I can always count on Dave to make me realize I am weird and proud. I get made fun of a few times by people for being 27 and never buying a car, I don't see the need just yet.

I'm at work, but I am a simple man.. I stop working when a Dave Ramsey video is posted.

It's so crazy when people I work with say they can't afford to invest in the 401k to the match (5%). Meanwhile, trading in cars for new cars cuz they like the new car smell. And always going on vacations. Yet, can't go to a 'payday' lunch because they don't have the money. Stupid.

Anytime i think about buying a car i just watch this video to get my head out of the clouds!

That really is disturbing, and people are wondering why they are broke! That means a family with 2 cars is paying $1000 a month! And they question where they could save a few dollars? Right There!

I almost bought a new car last month. Saw Dave's video and car payments are stupid! Still have my 2001.

i have two paid off cars but every now and then i get a itch to run to the dealership to trade in both of my cars to upgrade to a newer car so what i do now is before i run to the dealership i sit down and watch Dave Ramsey speech about car payment the i loose that itch.

Videos like this motivate me to pay off my car loan ASAP, getting there...

We just paid off our Truck four years early! We now own both of our vehicles. This video maybe two years old but the spirit of it carries on!

80% of millionaires drive used cars.

China Military: 150 billion America Military: 688 billion American drives cars: 1.1 trillion

I'm debt free and have over 32k invested in stocks. Wanna know what car I drive? 1999 Volkswagen Passat which I bought 4 years ago for $3,300. Car is just a transport which takes you from place A to place B. Moreover, its a liability which will depreciate in price and take money from your pocket during that price depreciation process; thus, why in the world would you wanna spend tons of money on your car? That's just stupid.

We do the debt snow-ball. We started in April of 2018, but the rest of 2018 we spent a lot of money. We still paid $2,000 in debt. My wife just looked at our expenditures since September, which was high because the holidays were coming up, and she found that we spent $800 a month unnecessarily. So we've doubled down on our debt snowball. For the first in forever, we didn't eat at a restaurant for A WHOLE WEEK! I am excited to see how much we'll have saved to pay down debt in 2 months, going at the same rate! January 29, 2019.

Proud owner of a town and country 2007, no car payments feels better than a brand new car, maybe I'm just weird 😉

And I don't belong to that statistic!!!!! Whoo hoo!!!!

WOW! My car is 14 years old but I don't owe anything on it. When I bought it I paid $4,000.00 cash in 2007 It's a 2003 Chevy. I have a sinking fund for the next car I'll buy.

Seen a commercial last night for a Cadillac Escalade and the monthly payment was $889 a month! Really?! No way, Cadillac, think I will buy a new house instead! Lol

I paid off my 2014 Toyota in 13.5 months after discovering DR. It wasn't supposed to be paid off for 4 more years. Needless to say my bank was blown away. Now my family and friends are questioning their financial decisions lol. I will never borrow money again. I lived like no one else so I can live like no one else.

This is just crazy!!! Working on paying the rest of mine as quick as possible.

I bought my 06 Honda from Craigslist in 2013, paid in cash. Havent had any serious issues with it at all aside from routine maintenance. No monthly car payments or anything like that. All my friends drive newer BMWs, Audi, and Mitsubishi Lancers and they have pretty big car notes to go with it. I dont think I'll ever by a new car.

I like when people buy new cars I will have more choice for 10 years

"I will always have a job" at the end, classic

Man, I got pretty lucky. Earlier this year my car broke down and my Dad tried talking me into leasing a newer car which would've cost me probably $350 a month which would leave me with barely any money after bills. I'm glad I felt uncomfortable with that decision and got my car repaired and kept it, because I would be so tight on money it would be just absolutely stupid. Thank God for finding Dave Ramsey since then! I'm currently building up my emergency fund and the only money I owe for anything is about $500 in credit cards which would take such a long time to pay off if I was leasing a vehicle. I'm glad I didn't listen to my Dad. I bought him The Total Money Makeover for Christmas haha, I hope he reads it! :p

Hell yeah, debt is the worst. 25 here with 0 debt and can save about 2500 a month. It's very liberating. I'm far from a minimalist too. I could probably save 3k a month if I really tried. But you gotta live a little

Love the car rants! Cars depreciate faster than they rust.

'Get a mirror and look at what stupid looks like'. I'm dead XD

A paid off Car is a LOVELY THING!! So glad I paid mine off!!

73- 84 months 😮😮😮 over 6 years of burden and I bet after the 3rd year in the financing they feel like moving up again 😂😂

I think when you have gotten to the point in life with no car payment you have to feel some level of achievement. And no desire to go back to making car payments.

Still driving my 2003 Honda Element with 160K miles. Incredibly reliable. Best vehicle I've ever known. Scraped up every extra dollar within budget, and paid it off within 2 years of puchase. Never going to finance a vehicle again. Only cash car purchases in the future. Folks, set yourself up for success by living within your means. You can do it. We are Americans, not Americants.

It's all about priorities. Do I want to be cheap now and have a million in 30 years or do I have nice shiny things now? Im guessing most people choose to live it up.

I'm thankful my dad has always warned me of car payments before I was old enough to make that stupid decision. I don't need to 'be the wheel' like everyone else. I like to say that I'd drive a hearse as long as it has a/c

Thank mercy I found Dave he basically stopped me from making the stupidest mistake. I started watching his video recently and realized I messed up big time earlier in life and now I have to dig myself out of that mess. Currently I'm on his baby step 2 and plan to complete it by the end of this year if I follow the plan. I never want to be in debt ever again it sucks so much. I never want to go back to broke and stupid

Thanks Dave, we were stupid until we met you.

I went to a gated community to see a friend, and every house had mostly reliable cars like Toyotas, Lexus and Hondas, and not expensive luxury cars. I thought "why? You have the money why not enjoy a nice ride" And Dave Ramsey helped me see how stupid I was to think that. It's better off having a reliable machine that won't fail on you compared to have a monthly maintenance​ headache with other rides.

Yes!!!!! Preach Dave!!!

I have NO car payments, NONE for years and I have a car for me and my wife, over twenty years, this has made a huge difference, and I see teenagers paying $600 a month. I tell them and they NEVER listen, I drive a scratched up, beat up for truck for 20 years, It got the job done perfectly, including taking a date to dinner, going to work, trips to the beach.

Thanks Dave. I have two cars and both are paid in full with the titles in hand. No thank you car payments.

Yesterday I had to catch 2 busses to get home from where I was. I really really would love a car, but just have to make do without one for a while before bigger priorities are taken care of.

I’m 27 and I’m still driving my same car from high school. I have student loans to pay back and refuse to get a new car until that is paid off. Thank god I don’t have a car note.

Almost took out a 30k loan a few days ago and I'm glad I walked out and drove off in my 10 year old car. From the moment papers started getting signed I knew it was a mistake. I sleep a lot better at night knowing I made the right decision.

My relatives: I can't afford to save for retirement Me: you could if not for that $400 month payment on a depreciating asset

Ive earned the tongue lashing from uncle Dave. Thanks to this guy I should be out of debt in a couple more months however!

I don't own a car anymore and am glad. No car payment. No insurance. No gasoline. No maintenance fees. I don't miss having a car. It has saved me approximately $500/month. And soon I am moving to Chicago where I won't need one.

20,000 in car debt. Embarrassing but I'll get it done by the end of this year.

I have to pay car insurance and get annoyed because I feel like I'm renting my car.

I'm a new listener but I am that stupid he is talking about but I'm getting my life right 👌🏻 thank you Dave! Oh and I caught up with a couple friends and they both have more debt then me just in student loans...

Have never borrowed money for a car - never will. Started out not being able to qualify for a loan due to my low income. Now I can afford to get a loan but don't see the sense in it. Having an older used car that I can pay for in cash, fix and maintain myself is what I prefer. Freedom from debt is what I prefer. Being self sufficient is what a prefer. One of the few things being in poverty once taught me.

I love Dave because he always reminds me I've been doing things the right way

recent "bread lines" featured people driving 100K Hummers. yet they say they "need money to put food on the table" .

People in Car Loan Debt just help keep the Repo Companies in business.

Bought a 1966 Ford GTA convertible new for $3200 .The loan was $125 for 36 months. I still own it and watching the value go up every year.

I played this everyday to talk me out of car payments. During this Coronavirus pandemic i am so glad i bought a 3800 Hyundai 3 years ago instead of a fleased BMW M3 lol. And yes the car is still running hahaha 80k miles later. Thank you Dave.

This is how the housing market collapsed in 2008.

I have financed used cars, I have paid cash outright for almost-new cars. Yes, it's work and unpleasant to drive 'lesser' cars when you're working up to buying that 'good' car the first time around, but it's sooo worth it. I will never go back! Pay cash and be done, folks. Then routinely put money away for your next vehicle, even if it's years away.

I drive a 2007 Ford Ranger worth 2k, I have 1/2 million retirement savings, house paid for too! Born 1963. God bless Kevin

That is INSANE

I love that people have high car payments, keeps the riff-raff out of my expensive neighborhood 825k-1.2mil houses. What is amazing is to see in the lower priced neighborhoods all of the 60-85k SUVs, granted many are probably leased.

Clean your car or truck up, touch up the paint, change the fluids regularly and it will feel like a new vehicle!

I needed this...

Dave! I just bought my truck cash!! Thank you so much for teaching me how to be a smart with my money👍🏿👍🏿👍🏿👍🏿

High value cars are stupid: high financing, higher insurance, and higher taxes. Keep your money don't throw it away.

Driving an older car also means you pay less property tax and insurance.

Dave thanks for great advice

Dave, I love that you film in 60 fps! good video!

As always ,Dave...you make us look at ourselves ..thanks

Dave thank you My brother I need you bad. love your Show

House is paid for, cars are also, Emergency fund solid, close to 1,000000 in retirement funds. Zero loans. Ages 65 & 61.

Yet here we are after a global pandemic and people loosing their jobs, yet these same people still don't see anything wrong with having/getting a 10k car on a 25k salary...You guys are gonna keep Dave's radio show open. Jesus help us!

Buy assets not liability. Buy a house not a new car.

had a Toyota Tacoma note. After 5 months, I got tired of basically paying another truck payment at the gas pump, plus insurance. Sold that truck in two days, bought a used 04 Honda Civic with 200,000 miles, and it drives like a charm. Couldn't stand that debt anymore. Now, in one month, I spend in gas what I spent in one week with that truck! No CC debt, and now paying off my smallest loan in the debt snowball after having saved the $1,000 emergency fund. I've been such a compulsive spender, but now controlling that with self-talk and rational thinking when I feel the "need" for a new car.

I love these rants. 😆

When I was 19 years old a co-worker told me, "Just expect to always have a car payment." I'm happy to say that I haven't had a car payment for about 12 years of my 18 years of adulthood. And I will never have one again. I'm rocking a 2003 Honda Element and the wife a 2013 Hyundai Elantra. Reliable rides thus far. 👍

Watching Dave Ramsay videos to convince myself to keep my 07 Accord EX V6.

Proud owner of a Acura EL 4 cylinder baby... 36-38mpg makes me happy I didn't get a truck

Im able to ride my bike to work and save a ton of money, and yes i work at an amazon warehouse in Nashville Tennessee , all the money i spend on bike clothing and other bike stuff is still cheaper than owing a car. Live like no one else, so later you can live like no one else! Im weird as hell!

I realized and I feel stupid I'm glad I know better now never again will I have a car payment

The average car payment is $506. That’s insane. My car payment is 211 a month for 4 years. I have less than 3 years to pay on it and it only has 43k miles on it. My game plan is get a good car, pay on it for 4 years and keep it for 10 to 15 years. A car IS an absolute necessity. Buses don’t go everywhere and you can’t go your whole life relying on other ppl. People buy too much vehicle they can’t afford, people also don’t factor in maintenance into their budget. I have a 2011 Hyundai Elantra and i couldn’t live without a reliable vehicle

Hey Dave huge fan! another thing to keep in mind the insurance rates full coverage on these cars are INSANE!! I know some idiots that are paying almost as much as the payment on insurance 😂😂

Absolutely right. "Stupid on steroids"

Consumers conned by consumerism.

I drive a 2005 Toyota corolla with 190,000 miles on it. My family bought it brand new over a decade ago. My older sibling used it during college and then I was fortunate enough to be able to use it through college and still use it to this day with no issues. I refuse to purchase a vehicle until this one finally kicks rocks as I am taking full advantage of contributing the max amount of money possible into my IRA. No point in flexing with a car that's well beyond your means to impress strangers when you can flex with those extra 0's you'll have in your savings.

I have a R32 Nissan Skyline GTS-4 with no car payments. I love it.

I just paid off my Toyota Camry! Thanks Dave

I've been working on my car payments for 2 years and 1 month... got it down to ~$8,600 (from $24k). Man, it's hard. But at least I'm getting there. No more car payments in my life

"...they make more money lending you money than they do selling you cars." Wake up call!! $500 for 63-84 months sounds unreal to me for a car, and not because I've never had a car note. Smh...