Car Buying 101 w/ Gas Monkey Millenials
Рет қаралды 2,754,411
3 жыл бұрынWe get it, not everyone buys a car as much as we do at Gas Monkey Garage. When it comes to buying a new car, you can REALLY get screwed over REALLY quick. Rest easy, Richard Rawlings is on your side to show you how to buy a new car and what to look for!
Huge thanks to Sam Pack Ford in Carrolton. When you're looking for a new car or truck, give them a look, you wont regret it! ➡️www.spford.com/
Oh and stay tuned for what we do with this Millennials old truck 😎🤘
Interested in sponsorship opportunities or a brand collaboration? Send us an email at MonkeyTrap@GasMonkeyGarage.com
VISIT US ON ► www.GasMonkeyGarage.com/...
OFFICIAL Gas Monkey Garage MERCH ► www.Shop.GasMonkeyGarage.com/...
Sell us your classic car►gasmonkeygarage.com/sell-gas-...
FOLLOW US ON SOCIAL MEDIA! 🚗 💨
✔️ FACEBOOK ► bit.ly/GMGFacebook1
✔️ INSTAGRAM (@GasMonkeyGarage) ► bit.ly/GMGInsta1
✔️ TWITTER (@GasMonkeyGarage) ► bit.ly/2xIkkyt
✔️Richard Rawling's Instagram (@rrrawlings) ► / @rrrawlings...
✔️Richard's Rawlings' Facebook (@rrrawlings) ► h / ...
✔️Richard Rawlings' Twitter (@rrrawlings) ► rrrawlings?lang=e...
The Gas Monkey Millennials 🐒
✔️ Sinjin Venegas► sinjinveneg...
✔️ Austin Gunnerson► austingunne...
✔️ Domenic Bellusci► domenicbell...
About us: Gas Monkey Garage is your one stop for classic cars and amazing builds. Restoring and buying classic cars daily.
Want to sell us your classic car or truck? Send us an email at Info@GasMonkeyGarage.com
#GasMonkeyGarage #RichardRawlings #GasMonkey #FastNLoud
@tomdolan9761 3 жыл бұрын
Say what you will about this kid but it's impressive that he asked for help from the smartest person he knows.
@derekweatherford8989 3 жыл бұрын
That is the truth. Soak it up young man, that man can teach you how to make it and what the speed bumps are. He's been hustling all his life to get what he has.
@twiztedclown 3 жыл бұрын
@@derekweatherford8989 its a completely different world than what he hustled in though.hence why he's got a team of what he keeps calling Mellenials but they will be the only ones making bank in 10 years when gas engines have been socially exterminated. I mean our 4 basic needs as humans cost an arm and leg now. When Richard was his age one income could still support an entire family.
@egarc006 3 жыл бұрын
@@twiztedclown that’s the truth!
@proamericanstoptyranny1260 3 жыл бұрын
Hopefully Richard isn't the smartest person he knows 🤣
@noneofyourbusiness7594 3 жыл бұрын
@@proamericanstoptyranny1260 Richard hell lot smarter than u
@lesliecarleton4507 3 жыл бұрын
This kid is definitely not stupid. He’s just not educated and there’s a huge difference. He was smart enough to walk away from a bad deal and ask the smartest car guy he knows for help.
@jerrymeeuwse859 2 жыл бұрын
I have to say, I was impressed Richard took the time to help this kid out. It sure helps.
@kevinharrington3261 2 жыл бұрын
Plus helped out a lot of other people as well 👍
@ytb4765 2 жыл бұрын
2.3m views on this video he making good money "helping" him out
@jerrymeeuwse859 2 жыл бұрын
@@ytb4765 u bet, it's great P.R.
@dandunlap8638 2 жыл бұрын
It’s content.
@mapko15 Жыл бұрын
Lmao if the camera wasn't there he wouldn't care
@Leviathan_actual 3 жыл бұрын
Kid: "hey I've never bought a car before" Boss: "you're an idiot"
@thesleepstate 3 жыл бұрын
What sort of TWAT has never bought a car before? A first time buyer!
@djlackey9273 3 жыл бұрын
Can we get a whole series of richard teaching this kind of stuff?
@yessir8575 3 жыл бұрын
This isnt good at all, he still has to pay full coverage which is another $300 every month paying almost a whole other truck but he wont know that till the end 😂😂😂
@trex554 3 жыл бұрын
@@yessir8575 his parents will pay for his insurance. 😂
@preacherz01 3 жыл бұрын
i already knew all this he's talking about - but i feel as if he was actually the one whom educated me
@S3Photography 3 жыл бұрын
@@yessir8575 I've found insurance on new cars to be better than used. Asked my agent why and they said people are more likely to treat them better.
@yessir8575 3 жыл бұрын
@@S3Photography yea but when you pull out a car from a dealership like this you need full coverage which on most brand new cars its $300 plus
@stevegirard817 3 жыл бұрын
I like Richard not wanting him to put his whole savings down. Respectable.
@MrBonecollector83 3 жыл бұрын
If he really wanted to help him he should tell him to jusy buy a 13k car pay for it cash and have no car payment
@Carsaddiction 3 жыл бұрын
Respect !
@allenanderson3649 3 жыл бұрын
Staged ! But informative 👌
@indyjones3287 3 жыл бұрын
@@MrBonecollector83 No. Buy one for 10-15k, finance it with no early payoff penalty. Pay it off with your savings early and build credit.
@RFJersey 3 жыл бұрын
@@MrBonecollector83 He already had a truck. Why buy another if it is not broken, even a new motor would be cheaper.
@714chucky 3 жыл бұрын
That phone call got me dead asfk 😂 he ain’t call anyone
@tomd9102 3 жыл бұрын
Haha was checking if anyone else notices
@CHEVYLYFEGARAGE 3 жыл бұрын
I thought I was the only one who noticed that 😂😂😂
@zabnat 3 жыл бұрын
Just like in most of the movies and series. :)
@garfieldt 3 жыл бұрын
hahaha, tbh he did the fake call quite well.
@ThatSnowMexican 3 жыл бұрын
Ij
@sherizaahd 3 жыл бұрын
This is proof, "It's not what you know, it's who you know."
@pleasegrowabrain 3 жыл бұрын
It's "are you really stupid enough to listen to this goof?".
@Royalewithcheesee 3 жыл бұрын
lol he just drive him to the dealership
@chadanddyson6200 2 жыл бұрын
Fact!!!
@Primal_Primat3 2 жыл бұрын
Kinda, but at the same time, it wasnt so much who Richard was as it was what he knew. Knowing the right people helps, but having the right knowledge and information is the real vital part. All this stuff is kept "hidden" from most people on purpose, they should be teaching actuall stuff like this in schools rather than people having to figure this shit out for themselves.
@kidswithguns7 3 жыл бұрын
For those of us without father's or parents in the know, this was really helpful
@nickthomas4711 3 жыл бұрын
Big Brother assistance for free? Lucky Guy!
@hello-again6994 3 жыл бұрын
Don't buy a new truck and only go into credit debt that you can pay back immediately if you need to increase your credit score. Save your money and pay as much with a down payment as you can..or buy outright with cash.
@jimmyc6686 3 жыл бұрын
I'm 41 years old and have never had a credit card
@hello-again6994 3 жыл бұрын
@@jimmyc6686 congrats..you learned how to navigate outside this rigged debt-based economy. I didn't achieve that wisdom untlI was in my 30s. I'm in my esrly 40s now. Good credit, no debt.
@harvardford8752 3 жыл бұрын
@@hello-again6994 I completely agree. Honestly if you can help it, just get a cheap used one and learn to get your bards dirty. A lot better in the long run.
@tunaonwhitenocrusts 3 жыл бұрын
If Fast and Loud had a spin off like this, I would watch it again. This is 100% useful versus fluff TV.
@Ballista762 3 жыл бұрын
There was still a lot of fluff in this
@matthewlemoine6280 3 жыл бұрын
Agrre
@vivianbarnard6753 3 жыл бұрын
2 fast 2 furious 2 fast 2 furious 2 fast 2 furious Paul Walker Toyota Supra to Tracy to Tracy
@craig1003 3 жыл бұрын
It would only get messed by the third season, with huge bags of cash thrown around for a bet, product placement / shameless advertising, Richard ruining it basically.
@douglasbrown1210 3 жыл бұрын
4 sure
@dakotamcavoy6755 3 жыл бұрын
as a sales man that deals with these kids daily let me say, thank you Richard.
@gumpster6 3 жыл бұрын
I feel good for the young guy that he got some help so he didn't get screwed as bad. At the same time, it's sad to see him take on a load of debt he never needed. Buying a new vehicle is one of the worst financial decisions someone can make (IMO).
@coastyken7370 3 жыл бұрын
Yep, I feel bad for him too
@KOrnhOliO1 2 жыл бұрын
Without a doubt! I would have insisted I look at a used truck. You save so much money because you don't lose that big chunk when you drive a new one off the lot. Oh well, he's happy, and that's the most important thing. 😎👍 I do think it's funny how they're from Texas, and a car isn't even in the conversation! Lol 😂🤘
@jerrymeeuwse859 2 жыл бұрын
Yeah, my old neighbor man taught economics and finance and he told me once that buying an automobile on time is one of the worst decisions a person can make. I said "but most people don't have 20 K to go out and buy a new car." He said, Oh but you can afford spending dam near 40 K over time? That's rediculace. Just save up because otherwise your just making the bank or the dealership double their costs.
@DFWKen 2 жыл бұрын
Doing that every 2 or three years is horrible. He'll pay off the debt and be wiser for it. In the meantime, he has been rewarded for good behavior. At least in the first 3 years, he shouldn't have any surprise mechanical problems to have repaired. During that time, he can save so that the next vehicle won't need so much financing. After 2 or 3 vehicles, it's cash every time, no interest costs (except for the loss of the use of the money). You have to start somewhere.
@mikehumphrey8702 3 жыл бұрын
This is nice to see. An employer take it interest in an employee. To help the person. America needs more of this.
@jimbeam9176 3 жыл бұрын
Got that right.. most employers are more worried about what they can take from you, let alone help
@obadel5092 3 жыл бұрын
He does because he dosent want to have his rep destroyed like bruh we busted the GasMonkey employee he has just dumb milenial kids lol so he does what a old boomer does teach him and make fun of him all the way and back from the dealer.
@hansvonschlader8227 3 жыл бұрын
No, it's not because , he wants to help. Richard is doing it for publicity and branding, that's it.
@deadgoatsracing234 3 жыл бұрын
RR didnt even know what the kid drove to work he said. Treated him like an expendable employee and doing this to save face.
@michaelwerbick 3 жыл бұрын
As an employer, I help my employees as it makes them smarter and builds loyalty to my company …well and myself
@fubarexress6359 3 жыл бұрын
My first boss is 100% a clone of That man. He was HARD but he cared and he would chew us all out when we made stupid choices. Sadly no one listened to him. I figured out he was rich AF and I started listening to him. Turned out he actually wasn’t a dumb jerk. He was smart AF. Totally credit him for my life’s success now.
@andrewpeyton5167 3 жыл бұрын
Thank you.
@suckit9593 3 жыл бұрын
@@andrewpeyton5167 your welcome son
@garfieldt 3 жыл бұрын
It takes a smart man to realize when to listen to another smart man.
@captain_coleton 3 жыл бұрын
Richard: I dont want kids Employees: Hi dad!!!!!!!!!!!!
@imdoku666 3 жыл бұрын
Honestly, this was a very educational session for those who have never bought a vehicle. Richard really helped out tbh
@myveryfirstname 3 жыл бұрын
Richard is a good man to not only talk to the kid and steer him, but to go with him to make sure he doesn't get handled.
@ryanscott2548 3 жыл бұрын
He also made some money by turning into a video...
@alabar9795 3 жыл бұрын
@@ryanscott2548 that's what you do with an entrepreneur mindset. Rich made the kid made the seller made. He turned 1 negative into 3 positives
@beauxguidry5373 3 жыл бұрын
Beat me to it, and this is not like him from the show. I used to watch it.
@alecm2721 3 жыл бұрын
This is scripted you numbskull.
@ourtime-downhere6931 3 жыл бұрын
@@alecm2721 it's scripted but it's not like that isn't how sleazy dealerships work, it's not uncommon to hear about deals like that. My wife's friend decided she wanted a new car, went in a paid $64 grand for a new Armada, they only gave her $4500 for a trade in on her three year old Xterra, and her interest rate was ridiculous as well. She only cared about the payment and that she could afford it, absolutely no concern with how much money she was throwing away, interest rates, the true value of the Armada, etc. she just wanted a payment at X amount a month and what do you know, they "helped" her out with that. I have a couple friends that work at credible dealerships, they say the most common concern is how much it is a month, that's it. Lots of people don't get financial education like they should and there's lots of people out there that don't mind taking advantage of that.
@samtuttle4103 3 жыл бұрын
That's one hell of a boss that helps him with something like this. Hats off to Richard for stepping in, mad respect
@kenfung664 3 жыл бұрын
I'm sure if he wasn't getting anything out of it he wouldn't give a shit
@VideoServicesVB 3 жыл бұрын
It's a tv show. Lol.
@troysunshine1107 3 жыл бұрын
Absolutely, He is definitely a top shelf guy
@gahbah274 3 жыл бұрын
It's staged
@f3irty278 3 жыл бұрын
Really? He talked shit the whole time and clearly only invested his time/energy to help for content...
@donearlcarloagbunag8881 3 жыл бұрын
This is why I love Richard, he has BOSS HEART to everyone ( customers and employees)
@mattstacy1652 2 жыл бұрын
I am amazed! I’ve never had a boss that would ever help me like that! My respect for Richard just went way up!
@walterbaker4901 Жыл бұрын
I was thinking the same thing. MAJOR props to Richard on this one.
@iainweller452 3 жыл бұрын
Kudos to Richard for helping an employee out and making sure he didn’t get ripped off
@niklo322 3 жыл бұрын
Well its pretty normal to do. No? If you watched the interview with Joe Rogan, you hear very well that Richard is not the nicest guy around. But i think hes got a good heart sometimes. (From my perspective)
@mikef8769 3 жыл бұрын
It was in the script.
@PhonyRider 3 жыл бұрын
He’s still getting ripped off though
@vxnova1 3 жыл бұрын
@@PhonyRider why do you say that?
@paulcunningham5327 3 жыл бұрын
@@vxnova1 cause he bought a Ford! 🤣🤣🤣
@jrr851 3 жыл бұрын
I respect the kid for having no debt and having $13,000 saved as a down payment.
@kkknotcool 3 жыл бұрын
Then with a swish of the pen he had almost no money and 18 thousand in debt. The kid had no business buying that expensive a truck. He's gonna be loosing 2 to 4 thousand dollars a year on that thing, for years, in depreciation. I don't know what the kid makes but I wouldn't be surprised if that's as much as 10% of his pre tax income, getting flushed away.
@josamo84 3 жыл бұрын
@@kkknotcool Finally, thank you for saying this. The icing on the cake was discussing whether his parents should potentially co-sign - this is always a warning sign that you are buying too much. Good lord, this kid needs to save for a house or something that will appreciate in value. Keep a garbage truck and drive it with pride knowing that you aren’t giving into marketing.
@Robsbrd99 3 жыл бұрын
That's the amount I was able to save and put down on my car back then in 2016. I'll be 52 in August. He's doing a great job saving
@Robsbrd99 3 жыл бұрын
@Gillie Monger I think it would depend on how much savings he has left. He did say that his parents were contributing to the sale.The beauty part of the loan is that he can make extra payments and pay it off early and save a bunch of money. I do wish that he could have found something cheaper in a used truck but, you get what you pay for. He will either pay the bank or, pay a mechanic to keep his on the road. It's also getting expensive to get cars worked on. Because of this pandemic, everyone is trying to make as much as they can when selling a car so they can pay their bills. In all honesty, I would have waited a year to save a bit more and wait for the dealer to get more of a selection in. I think they did pick out a nice truck, worthy of making payments on. I just hope he makes the extra payments to get the loan off quickly. I also have an 08 4runner. I just finished looking online for fun what I might like to replace it with. 2015 SR5s with 50k miles are going for $30k here in Va. Cars are just getting more expensive.
@jmackinjersey1 3 жыл бұрын
@@kkknotcool Except the banks don't set themselves up for repos.
@samuelplacensia753 3 жыл бұрын
As a former Ford car salesman myself I completely respect what this man did for this young 22 year old kid.
@DFWKen 2 жыл бұрын
Just stumbled onto this KZfaq channel. Loved the show. That was me, 52 years ago, at a dealership by myself, facing across the desk at a professional salesman. 'Cept I didn't have any help or moral support. Very impressed with the "kid". He apparently comes from a good family and has a lot on the ball. Hope he goes far.
@serwinzzalot9989 3 жыл бұрын
This is actually a big service to a lot of these kids...youre hitting on something here...like a millenial segment
@jeepsblackpowderandlights4305 3 жыл бұрын
except he isnt a millennial.. the guy is Gen Z.. Im 40 and im a Millennial. The kid had his truck since he was 15.. and he has had it for 7-8 years.. Which means hes Gen Z being 23 years old. Millennials are old enough now that we have kids who are in their 18-20's.. Stop using millennial for everything geesh.. makes you look even dumber than he is
@wingersdingers 3 жыл бұрын
@@jeepsblackpowderandlights4305 I'm a millennial and i always try to get people to think about it like this...... Boomers are millennials parents, which are gen Z parents.....the stupidity is a trickle down effect considering we are all supposed to be taught things by our parents.
@maried4451 3 жыл бұрын
And poor Gen X are constantly just forgotten about.
@stevelezama52 3 жыл бұрын
I like how Richard doesn’t really show emotion or like he cares but we all know he really does care and got love for his workers
@JoeBidensIsRetarded 3 жыл бұрын
@@RFJersey no it isn't, some people like to do nice shit for nothing in return. not everyone is an emotional vagina I guess
@poonbandit9924 2 жыл бұрын
Had a boss just like Richard who helped me out in a situation just like this when I was 19, he went with me and I got the same truck I was looking at for cheaper with a 3.4% interest rate instead of 11%. He was cool enough to let me get a credit card, in my name and everything, that he told me to use on gas for my work truck and misc. work expenses and would pay it off monthly to build my credit score up. I got a nice truck had it for 2 years traded it in, got a used tahoe, got my wife a new traverse, and bought a house in the same month. I left that company to go into the trade I was going to school for, but we stay in contact and I fix all of his equipment now
@Pythonbuckeye 3 жыл бұрын
Love this as a 25yr old I learned a lot…
@atl3630 2 жыл бұрын
Proper use of the internet
@Frank-mm2yp 3 жыл бұрын
"What do you do here, anyway?" (Priceless)
@A6Legit 3 жыл бұрын
Ouch
@kriskat3438 3 жыл бұрын
I mean if it’s my own boss then I guess it’s fine at least he is helping me not get screwed over financially while buying a vehicle.
@omarreyes8722 3 жыл бұрын
This man did his employee a great service godbless him 🙏 👏
@Spyke-lz2hl 3 жыл бұрын
Great video! So nice to see a different perspective on Richard and his employees no matter how “reality tv” this may be, it’s still cool.
@Klassiccycles Жыл бұрын
I absolutely couldn't stand this show on TV. However since I've stumbled across their KZfaq channel my opinion has done a complete 180. I appreciate what Richard has done for this kid.
@jimbo682 3 жыл бұрын
Thats pretty cool Richard. You dident leave Austin out for wolves to get to him. Hopefully someone learns from listening and watching this Vid.
@dragonbrownies517 3 жыл бұрын
Lmao. Should of let him fail. With failure, you learn what you did wrong so next time you can learn what to do right.
@jimbo682 3 жыл бұрын
@@dragonbrownies517 Hey man Austin went to Richard and even told him it was his 1st time buying somethin newer, he asked for help, why would ya set him up for failure? Its not like he's done it before and keeps messing up. Hope ya don't have any kids. If so God Bless em
@massivepump3059 3 жыл бұрын
@@jimbo682 exactly! I’d hate to be this dudes friend. If the kid is smart enough to come ask for help then why set him up for failure?! He wants to learn from others mistakes and experiences. The world needs more Richard types and less dragon brownie types.
@kurtr4174 3 жыл бұрын
"Uncle Daddy Richard helped you out, now you gotta go talk to mommy" This guy is one of a kind ahaha
@colemandeitz7302 Жыл бұрын
Was cool that he helped him out and it was nice that he took his advice and leaned something. I also like the fact that this young kid saved his money and worked toward the truck and did not expect his parents to get him a new truck.
@enyionyeobia5103 3 жыл бұрын
Mr Rawlings big thank you for this episode. It is a PSA suitable for young folks learning the dos and don’ts. You are really a good boss.
@davisdesigns1153 3 жыл бұрын
Salesman was just friendly because Richard was there 😂
@jmackinjersey1 3 жыл бұрын
That is exactly how I sold cars for well over 14 years, and I sold between 20 and 25 cars each and every month. This is how a majority of dealerships work. Unfortunately there are some that don't, and those stories (real or added exaggerations) are what a majority of people think about when thinking about car salesmen.
@kurtfattic 3 жыл бұрын
I’d get on a plane and fly out there to just deal with an honest salesman who clearly explained it.
@Matthew-hb9ff 3 жыл бұрын
No he wasn’t 13000 down payment
@superdave334 3 жыл бұрын
My wife and I bought a car from this dealer back in 2010, they were friendly and very easy to deal with, when we replaced her car had I still lived in or near Texas we would have bought from them again.
@jmackinjersey1 3 жыл бұрын
@@superdave334, It's a shame that a few bad car dealerships/salesmen have made it seem like the entire industry is bad.
@aparker9216 3 жыл бұрын
I literally saw his head explode. Excellent teaching and learning moment. How does this NOT have more views and likes!?
@1982MCI 3 жыл бұрын
Because it just came out a couple hours ago du
@tonywilliams9145 3 жыл бұрын
@@1982MCI If you "literally" saw his head explode it would be a very messy video!
@massivepump3059 3 жыл бұрын
It’s because it’s obviously scripted and hat makes people lose interest
@heavenbound9144 Жыл бұрын
Guy just graduated College and Richard calling him a idiot Wasn't Cool.. I would've said I DON'T APPRECIATE THAT! Standing your ground right away when disrespected is Part of Being your own Man and gaining Respect at the same time..
@markporth7355 2 жыл бұрын
Rich thank you so much for helping one of your employees out it shows that you care about your employees that is very hard to find
@samueljoejr5191 3 жыл бұрын
Richard is doing this guy a solid; you can't ask for more than that. Hats off!!!
@brianaclubb5697 3 жыл бұрын
Love that they taught this young man about interest so much needed these days. 18 percent interest my goodness!
@sethwoodward5515 3 жыл бұрын
With 13 grand down
@johannGER 3 жыл бұрын
Another option for a lesson: "You have 13k, you car is worth 5k? That makes 18k. My friend, let's go find you a car at max 10.000$, whenever it needs to, we'll fix it up in our garage. Put 3.000$ on the side, get your first stocks with the remaining 5.000$ and each month you'll be putting an additional 400$ of stocks on your name. You aim for a minimum 25% profit before tax each year and in 3 years you can start lending money to people and their friends who don't do the math. I won't let you get into the devil's wheel of owing money."
@johannGER 3 жыл бұрын
@Viktor Sv another very valuable suggestion for a young person. Other risks involved, not -free either and feasibility depends on geographic location but I'm fully with you, thanks!
@Christina-71 2 жыл бұрын
When I was in school, they actually did teach this, it was called bone-head math. They were teaching the kids, real world skills. Meanwhile, us over educated idiots were stuck in the useless Alg. II. We were always so jealous and who do you think came out ahead on that? 🤦♀️
@seanpereira6961 Жыл бұрын
This is probably top 10 things I've seen out of these guys, Richard, being a proper Bro.
@jimshibolth329 2 жыл бұрын
Richard your brilliant teaching your young millinial on how to sensibly purchase a new vehicle... absolutely priceless
@Mikesmeyer88 3 жыл бұрын
The smile on the dealers face when he said 13k. He knew he was getting that commission.
@XX-166 3 жыл бұрын
NEVER give up that kinda cash, do your homework and you won’t have to and be prepared to get up and walk out.
@johnkidd1226 3 жыл бұрын
He gets commission on the full price, not just the down payment. Your logic says if a dealer has a 0 down program, the salesman makes nothing.
@XX-166 3 жыл бұрын
@@johnkidd1226 ummm no my logic says do your home as the consumer BEFORE you go in or your wallet will be lighter and the stealerships wallet will be heavier with YOUR cash.
@johnkidd1226 3 жыл бұрын
@@XX-166 The dealership actually prefers you buy on credit. They make more money on finance charges that way.
@johnkidd1226 3 жыл бұрын
@@XX-166 The dealership actually prefers you buy on credit. They make more money on finance charges that way.
@loose-arrow-garage 3 жыл бұрын
Good on you Richard. Austin just got an education from you and he didn't have to pay any tuition!
@markcoyle5648 3 жыл бұрын
Richard will deduct the education fee from his wages.
@ptgigg 3 жыл бұрын
Is that even possible in America ?
@MrZachgonz 3 жыл бұрын
@@ptgigg I got my college degree for free with financial aid so yes. And I actually got paid to go to school since tuition was reduced and the financial aid covered more than school expenses
@ptgigg 3 жыл бұрын
@@MrZachgonz That’s great to hear. From what we hear down here in Australia, going to university there comes with this enormous debt.
@justadriver 3 жыл бұрын
Lots of people will learn something from this for sure
@luckyoneill4660 2 жыл бұрын
Hey first time watcher of this show...that was really cool for Richard to cover his employee , learn, help make the deal ...great show for working class guys to learn ..I learned thank u....I'll be in from now on...
@skylarupforthe3rdgradeandt556 2 жыл бұрын
And once again Richard, you have shown you have a heart. Not many employers would do what you did. Respect earned.
@honestspirit56 3 жыл бұрын
I can’t fault anyone for having no credit. We all started somewhere.
@JGuraan 3 жыл бұрын
Sure can fault their parents, though. Kids should get credit cards as soon as they get to the point of making purchases on their own. As long as they're appropriately supervised, and given instruction to always pay their balance, it builds credit, acts as a buffer against fraud, and as an intermediary in payment disputes. No reason to be teaching your kid to always pay with cash/debit.
@growlusnotneeded3251 3 жыл бұрын
Start with a TV on a hire purchase scheme, it don't burdon your wage but establishes your credit profile.
@growlusnotneeded3251 3 жыл бұрын
@@JGuraan Credit cards are the worst thing to give someone that has no concept of money management, for example you give them a $5k limit on a card....woohoo $5k of free money that magically appears and no wisdom on how to pay it back. The best way is to tell them that if they want it then they get a job and earn it.
@JGuraan 3 жыл бұрын
@@growlusnotneeded3251 That's why you give it to them when they're a child and teach them how to use it under supervision. People who get to adulthood before learning about lending still have no concept of money management, but they also have no one to look out for them or fall back on.
@growlusnotneeded3251 3 жыл бұрын
@@JGuraan You would seriously give an 18 year old a credit card with no experience of earning money to teach them money management? Credit cards are a financial trap when you don't know the value of earning money not a financial education tool.
@MrMullen2001 3 жыл бұрын
Richard saying he’d sell him new parts for half the price was definitely cool of him. Even though he gets them for free probably it’s still a nice gesture
@themomorain 3 жыл бұрын
True. This is also a sort of payment for him. One hand washes the other. If this guy stays loyal to richard and does a fine job richard will be happy to hook him up for a good deal any day of the week.
@andrijaperovic8009 3 жыл бұрын
What is free in this life my friend?
@themomorain 3 жыл бұрын
@@andrijaperovic8009 air
@alphaphoenix1938 3 жыл бұрын
@@themomorain not at the gas station paid 75¢ for it
@Bootchair 3 жыл бұрын
You think the guy gets parts probably for free? Not a chance in hell. At cost pricing for a shop typically runs 10-20%% below MSRP, that’s what you or I as the customer pay, then we pay for labor to get it installed. If you ink a deal with a company to become an exclusive [insert aftermarket part company here] installer you get even deeper discounts. They want you to install their product over other companies. So when you become exclusive to one brand the discount goes deeper and deeper. I’ve seen companies (not automotive) get equipment for 40% below MSRP and give an “at cost” price and the company STILL makes money on their “at cost” price they pitch to their client.
@arturohernandez2313 3 жыл бұрын
😂 Richard said “a millennial buying a car”. 😂 😆
@austinfitts4014 3 жыл бұрын
Dude this is awesome how much Richard cares for his guys
@alabar9795 3 жыл бұрын
"I don't know y he needs a new truck? He can't even drive for shit" 😂
@Rootkit_69 3 жыл бұрын
Ever occurred to you that its scripted?
@cavemanvi 3 жыл бұрын
@@Rootkit_69 and not only scripted but scripted, forced and terribly excuted.
@12gaugenick46 3 жыл бұрын
Richard, as a 20year old that bought a 2013 F150 less than a year ago, doing it alone. If I was that kid I would have been so grateful for that!
@armandobenavidez331 3 жыл бұрын
23:20 love that part that's what I believe it's always good to have that cushion in case of emergency
@Joesworldttv 2 жыл бұрын
This is very educational. I am glad I came across this video. Congrats on the new truck!
@voodoodaddy574 3 жыл бұрын
This should be required watching for every high school student
@fishydubsfishing6516 3 жыл бұрын
You would think they would teach things like this is school
@macgyverbryan1377 3 жыл бұрын
In common core math that's a lot of circle's and squares.
@pdlegend6829 3 жыл бұрын
Required watching on how to be suckered into the allure of a new truck.. There was nothing wrong with that '06...so now he has 6 years of car payments on a liability that depreciated 25% the second he signed on teh dotted line...now in 6 years he will have an "Asset" worth about $15K that he paid $43K+ for...real smart!! People fall for this every day!!
@Ideo7Z 3 жыл бұрын
Also the military. 29% APR Mustang GT buying E1 privates who marry strippers their 1st year in are the bane of every NCO in existence.
@mattlourer9692 3 жыл бұрын
I drove my dads 4 door lemans to work on third shift and then on to school in the morning for three months till I saved up $500 to buy my used half primer half paint sixty eight fast back mustang. I’m sixty one and that’s the last time I ask any one for anything except for a job.
@jack002tuber 3 жыл бұрын
One thing I didn't know growing up, as soon as you can, get a credit card and use it, buy things and keep it paid off. Now you have a credit score and can borrow money. My parents never told me.
@neiltitmus9744 3 жыл бұрын
Your right but im 50 and only used one twice and it anoyed me so i cut it up should really get another kne though just for the guarantee you get with them
@kkknotcool 3 жыл бұрын
So? You can borrow money. That's not a good thing. People who buy with debt tend to spend more then people who buy with cash. Giving someone 35 thousand dollars that took forever to save hurts, signing a paper that says you will pay for it later doesn't, it just stresses you out if you have any sense. Delaying gratification is the number one key to success with money.
@jack002tuber 3 жыл бұрын
@@kkknotcool Just because you *can* borrow, doesn't mean you *should*. Power to do what you need to is what I was talking about
@kkknotcool 3 жыл бұрын
@@Tyler-zw4kq See you over spent. If you don't have well over 250 thousand dollars in investments then you have no business buying a 250 thousand dollar house. A place to live cost like 70 thousand in most parts of the country, 250 thousand is just a really nice place to live. You don't prioritize having a really nice place to live over your retirement.
@kkknotcool 3 жыл бұрын
@@jack002tuber I guess but the only possible scenario I could ever see in taking on debt is like a medical emergency. But that's why I maintain investments I can easily liquidate and health insurance. So I don't see any possible reason I'd need debt.
@prauwnsauce Жыл бұрын
I would kill to have someone as Richard as my boss, he seems like a great guy to work for until you piss him off but that goes for anyone
@pr0n3 3 жыл бұрын
This smile this kid on after buying the truck says it all. Good on him getting great advice from one of the best.
@cannednolan8194 3 жыл бұрын
The thing that surprised me the most. Is when he had $13g Richard didn’t sell him a truck. But my advice would of been. Keep the truck you have. Get a credit score. Take the 13g save some more and try for a house.
@fraidykat 3 жыл бұрын
You can't get a credit score if you don't have a credit history. You have to get skin in the game, and that means a long term auto loan. That will build your credit history and then you can get great rates when you go to buy the house.
@edwardwood6532 3 жыл бұрын
@@fraidykat How about a credit card or two? I admit on YT I am relatively old. Is a CC not as useful compared to an auto loan anymore for building credit?
@MrZachgonz 3 жыл бұрын
@@edwardwood6532 you would ideally need more than a CC or two. Showing your ability to afford a monthly payment of a few hundred a month for 2+ years helps a lot.
@johnjanuary9949 3 жыл бұрын
Yes a car loan for two plus years with no missed or late payments can boost your score bigly. For a 4-5 year note; Paying it off early is fine too.
@fraidykat 3 жыл бұрын
@@edwardwood6532 Beennthere, had five credit cards to my name when I went to buy my truck. It only helped my credit up to a point. It's Unsecured debt, it's only somewhat helpful, as are paying your rent and utility bills. They want to see secured debt with something behind it, be it a car, a student loan, a house, even a tv or a mattress set. You want to build credit, that's what you need.
@gressi9995 3 жыл бұрын
Anybody notice that Richard does not call people, he just talks to his phone and hopes somebody heres him
@sivaru95 3 жыл бұрын
His phone was actually locked when he called the Ford dealership's guy lol
@U1TRAMACH1NE 3 жыл бұрын
@@evictionnotification imagine trying to correct someone and correct the wrong person
@cLokki 3 жыл бұрын
@@sivaru95 My screen always goes black during a call when i put it to my ear
@sivaru95 3 жыл бұрын
@@cLokki if you watch closely at 5:57 you can see his phone background and the lock screen
@nickthomas4711 3 жыл бұрын
I think you said?
@herotimemedia6718 2 жыл бұрын
Richard has my respect. Wow... I admire this boss being sort of a dad to him to make a good financial decision!!
@BeeTactical 2 жыл бұрын
Proud of that work. Good Job. Im 37 years old and Learned more watching this than Any Dealership encounter.. Thank you Sir
@mwhitelaw8569 3 жыл бұрын
Daddy Rawlings helpin a young man Figure out life Helluva dude Richard
@Entropy_Wins_4476 3 жыл бұрын
Gas Monkey Haiku 😂
@Pelzlc 3 жыл бұрын
Did anyone else notice that when Richard gets on the phone, at 6:00, there is a split second where the back light is on, and you can see that he's not on a phone call at all, its just his lock screen? No hate, this was actually a really good video, and is actually really honest
@mouser485 3 жыл бұрын
Good eye. Didn’t catch that.
@Datsem 3 жыл бұрын
I noticed, paused the video and looked for this comment :P
@VikingurThane 3 жыл бұрын
Hah yeah noticed
@randysterling4700 3 жыл бұрын
good catch him pretending to talk to tre. what a dingus
@alexaucoin2436 3 жыл бұрын
@@Datsem same lol
@geoffreythompson7378 3 жыл бұрын
This is a great video and a wonderful way for anyone to learn the basics of interest, loans, credit, and payments. Excellent.
@heavenbound9144 Жыл бұрын
I'm from Colorado. 4X4 is essential no matter where you're from though having clearance and 4X4 is IMPORTANT it has saved me from so many problems in snow, rain/ mud, going over railroad tracks or curbs in emergency situations you can keep all the bells and whistles But keep the 4X4 and clearance with good size all terrain tires
@desmondhoward3496 3 жыл бұрын
Nice to see Richard being more personable, fatherly and caring in his own way , it looks good on ya bro!!💪🏾
@daveshelton365 3 жыл бұрын
Austin also deserves credit for recognizing his short comings and seeking out the advice of seasoned pro.
@mattjacomos2795 3 жыл бұрын
actually amazing for a millenial to regard someone as being more experienced than they are... It's the money...
@dogslobbergardens6606 3 жыл бұрын
A whole lot of people deserve to be mocked for believing this whole sham isn't just another pre-planned set-up episode. It's a smart promo, but it's definitely a promo for Richard.
@tomthomson9354 3 жыл бұрын
Yes, recognizing and admitting you may be in over your head, can be hard to do when you are young and you think you know it all.
@alecm2721 3 жыл бұрын
This is scripted lol
@probablynot1368 3 жыл бұрын
This may be scripted as part of Richard’s show; however, it certainly provides an education for millennials and Gen Z. I just wish the kid had done more research regarding trucks, accessories, tires, dealer fees (what to pay for and what to refuse) and what the dealer had in inventory. With this research in hand, he could have worked on the deal/price before discussing financing and payment. He should have viewed Kevin Hunter’s KZfaq channel before stepping onto ANY car lot.
@PreparedDeath 2 жыл бұрын
Best episode imo, not only do you get the usual cool GMG stuff but you also get some solid information from 2 people who know what they’re talking about
@jasonolden8768 Жыл бұрын
Genuine and honest.. Outstanding message.
@MrHRDGAMER 3 жыл бұрын
5:59 you can tell he’s not on the phone with anyone 😂
@mandoyancy9429 3 жыл бұрын
Screen goes black when put up to face tosave energy...
@Ideo7Z 3 жыл бұрын
Man, that dealer was really gonna do a number on that kid if he hadn't gone to Richard and his dealer friend before committing.
@jayc4715 3 жыл бұрын
He STILL did a number on him
@antoncarlson3029 Жыл бұрын
One of the best episodes. My parents had no interest in learning me stuff like this. Loved it.
@qomco 3 жыл бұрын
Tough love. Usually not a fan of this gentleman, or at least how he portrays himself on tv, but I respect him for this and learned somethings too
@Suasponte-rm8mz 3 жыл бұрын
learned more in one day at the dealership then four years of college. Good job Richard, he will use this the rest of his life.
@jmcculloh88 3 жыл бұрын
Just goes to prove how useless majority of college education is
@shane8911 3 жыл бұрын
He clearly didn’t go to collage for a finance degree you idiots. Otherwise he would understand everything that they’re talking about
@jmcculloh88 3 жыл бұрын
@@shane8911 doesn’t need a finance degree to learn how to buy a car that’s basic stuff they should be teach in high school and early college. All education is down the toilet, they don’t teach things anymore that are actually needed in life.
@jmcculloh88 3 жыл бұрын
@@shane8911 also I don’t have a finance degree and I knew how to buy a car by the time I was this guys age.
@tactownnative 3 жыл бұрын
its amazing how you helped him through the process you stepped up like a father would have hats off to you
@CRSHOVRRIDE 3 жыл бұрын
This was a good episode all around, especially for first timers
@kamenninov1405 2 жыл бұрын
I AM SO HAPPY I GOT TO THIS CHANNEL. I DON'T WATCH TV FOR 3 YEARS NOW, JUST HATE THE COMMERCIALS U KNOW. I watched the series on discovery tho, but after that, I just don't watch the TV. Only KZfaq! Thank you Richard for making the channel! It is really awesome and I have a great time watching it! Be healthy men, much love from Bulgaria
@adampimentel5902 3 жыл бұрын
They should do a whole season on life skills , where employees ask Richard about random life skills and he delivers . Buying cars , buying a home , paying bills and getting loans . Anyone here a tv producer ?? Lol
@chantelrhine8965 3 жыл бұрын
Or schools and parents should teach kids the necessities of life not calculus
@mikedegrazia 3 жыл бұрын
Teaching millennials life skills
@gangsterdisciple759 3 жыл бұрын
Its not exactly the same as what youre saying, but the channel “dad, how do i” does something similar. Hes a guy who teaches people regular life skills like tie a tie, manage money, change oil, hang a picture, fix toilet/refrigerator, etc.
@juanshaftpatel7488 3 жыл бұрын
yeah how to become a debt slave on a depreciating asset
@scottrose7728 3 жыл бұрын
All this smoke and mirrors and that salesman is still thinking " I'm going to bend you over and you're gonna take it dry".
@colino5056 3 жыл бұрын
Seriously. Take Scotty Kilmer’s advice and just get a used car that was checked out by a good mechanic. My dad just got a Silverado 4x4 v6 for 13k with 57,000 miles. This kid could literally buy my dads truck 3 times for the price of one at the dealership.
@the80store62 3 жыл бұрын
Richard is helping him get a better deal then what he had before , but they still could've gave him a little better deal
@LB-kr5ku 3 жыл бұрын
@@jmackinjersey1 There is no way the kid should have paid pretty much MSRP without ANY negotiation for a lower sale price. Richard probably got something on the back end because he didn’t really help the kid that much.
@troykapix5077 3 жыл бұрын
Ritchard didn't cut on anything. He got this video made and that is all he needs out of this project. Videos are long term investments. It's all spot on, you kids can bark all day you want. This guy got the best deal in his personal case that worked out the best for him. He is set with a new truck and have service times. Good lick investing into used things that is made to break after it's expiration date. Deal with it or ride a bus and taxi, drive a bicycle all I care.
@JonsGarage89 3 жыл бұрын
@@colino5056 Taking advice from scotty kilmer is the dumbest thing ever. Everyone knows not to go to a stealership.
@joelsattentiontodetail665 3 жыл бұрын
That was the best thing I’ve ever since coming from owner. Thank you
@charlesw.hopperjr.5236 Жыл бұрын
Well Richard;You just helped a lot of young people,AWESOME! “Good Credit Is The Most Important Thing You Will Ever Own In Your Life.” I Enjoy All Of Your Videos,Take Care! Your Oregon Friend ☮️
@allenrodgers1908 3 жыл бұрын
respect to Richard for taking time to explain how to buy a vehicle and not get completely run over.
@edz5399 3 жыл бұрын
Hey Richard, Great video, I remember the owner of the body shop I worked for gave me some school on buying cars,trucks and motorcycles in 1983, never forget that lesson son! I appreciate people like that 👍🏽🙏🏽. Rock on Richard!✌🏽🇨🇱.
@MrDmitriRavenoff 2 жыл бұрын
I have helped purchase a few cars for spouses etc, but never for myself. I'm 39. Lol I feel this kids plight and am very glad that Richard made this video, to help him and many others out there.
@charlesboniface6682 3 жыл бұрын
Really helpful, what a great boss to have!
@bernardomolino6255 3 жыл бұрын
Richard should do more life videos like this ...it shows he's got charecter do more Richard
@dogslobbergardens6606 3 жыл бұрын
Richard doesn't do anything "because he's got character," including this. He does everything *for the money* and he's (usually) honest about that. Do you think the cameras "just happened" to be rolling when this kid "just happened" to walk into R's office and ask how to buy a car? C'mon man. This is a set-up and a promo to keep him famous. It's a smart promo, but don't pretend he's only doing it out of the kindness of his heart.
@gabeprice5648 3 жыл бұрын
Yeah... Tell that to that bearded guy that left his shop.
@reptileguy8458 3 жыл бұрын
Richard was cool for going with this young man and helping him out. I wish my boss was that cool.
@JohnDoe-hw1fs 3 жыл бұрын
And insulting him the entire time
@copperfish543 3 жыл бұрын
My latest boss is good at being a micromanager, and saying he is not a micromanager.
@cityofplant 3 жыл бұрын
@@JohnDoe-hw1fs you call that an insult? I’m 100% sure that was just a lil banter.
@taylorj.4310 3 жыл бұрын
Have you even bothered to ask your boss?
@98gtblue Жыл бұрын
Thank you Richard for the advice and information. Hope somehow this reaches you and you know I appreciate the advice. Inspiration for a fellow self employed, small business owner 👍
@GerardRivera813 Жыл бұрын
The smile on that kids face is priceless😎🗝️Uncle ,daddy Richard 🤑
@charlesleveque8529 3 жыл бұрын
Thank you Richard Rawlings this is really inspirational for a lot of us that have never actually been able to go in and buy a brand new vehicle. And it's great you're helping out an employee.
@REALPLANETXVIDEOZ 3 жыл бұрын
WAIT UNTIL HE GETS LAID OFF,,,,,,,😱
@yasinmumcuoglu2566 3 жыл бұрын
One of the best videos this year, proper in depth knowledge and experience all with a twist of humour. Keep it up, top 5 channels at the moment!
@larrybooth2530 2 жыл бұрын
That was cool Richard, he is showing and helping the kid and everyone how it's dune, good job Richard. Your Show is very cool keep up the hard work!
@jamesoneal9252 2 жыл бұрын
Love your show deminer My dad was a mechanic for 17 years for Exone God bless for what you do restoration Dad owned a Dodge dart
@jimmikatt 3 жыл бұрын
Never finance through a dealer, your best rates are through a Credit Union.
@change4range23 3 жыл бұрын
Not true. Ive gotten people approved for better rates than the credit union they use many times. Good try though
@jodep2403 3 жыл бұрын
not true, i financed through credit union, had check in hand at 2.49%, dealer says if i beat that rate will u go through us, comes back says i can get u 1.99, i said fine with me. Its less than $15 a month savings, but over 5 years its a good amount
@francoisberkinjr5088 3 жыл бұрын
Facts!
@markverde8666 3 жыл бұрын
@@change4range23 that's the exception, not the rule. a better strategy is to finance the lowest rate you find then refinance asap. Bank of America and many others will beat your current rate by .5% if you refinance. I also negotiate by accepting the extended warranty they think they will bank big time on and then cancel it within 30 days losing nothing on it and using it as a bargaining chip.
@armandogabaldon7744 3 жыл бұрын
Nope… my brand new 2019 Tahoe GM financial gave me 0% interest for 72 months… my credit union best they could do is 0.9% yeah GM financial for the win but with this pandemic there are no deals 🤦🏻♂️
@charlescummings2205 3 жыл бұрын
I didn't buy a vehicle from a car lot, new or used, until I was in my late 30's. I understand why he didn't know and I'm happy Richard was able to talk him through this. Great video, very informative.
@bravobullz7475 Жыл бұрын
I bought my 1st “new to me” vehicle when I was like 37 at a dealership But have been driving nice vehicles Since 20 We don’t need no stinkin stealerships
@1SNOWMANNH 2 жыл бұрын
Richards school. Every kid should have this lesson. God bless him!
@randyb5067 Жыл бұрын
Very cool , that advice that help that learning experience was worth more than any money anybody could ever gave him!
Gas Monkey Garage
Рет қаралды 1,2 МЛН
Gas Monkey Garage
Рет қаралды 1 МЛН
Immersed
Рет қаралды 58 МЛН
Gas Monkey Garage
Рет қаралды 1,1 МЛН
Gas Monkey Garage
Рет қаралды 350 М.
Rodney Samuels TV
Рет қаралды 3,1 МЛН
# мотоТаня
Рет қаралды 3,7 МЛН
Паша Пэл
Рет қаралды 773 М.