How Frugal People Pay Cash for A Reliable Used Car
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2 жыл бұрынAlthough the used car market is currently very competitive, there are many practical, frugal steps that you can take to find the perfect new-to-you car and pay cash for it.
In this video, we share our best tips for how frugal people can pay cash for a reliable used car. We begin with helping you set your car budget and then sharing how to narrow down the make and model with most of the features you are looking for. Finally, we walk you through the test drive and negotiating the sale.
If you are looking for ways to avoid car payments and want to buy your next car with cash, then this video will give you the practical knowledge you need to stop the car payment cycle and find the freedom of truly owning your car.
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@rochellethundercloud346 2 жыл бұрын
Even with a new car,once it is fully paid off,keep making those payments to a savings account for the next vehicle.same with house payments.keep making those payments
@PoetiqueMs 2 жыл бұрын
As a wife who ends up with the car-buying responsibility, I can't thank you enough for this video. Buying a car is my most dreaded purchase.
@larryware1 2 жыл бұрын
You are so welcome, Poetique!
@gingermcintosh6545 2 жыл бұрын
Just decide now you will only buy a Toyota and relax. They are always the most reliable and hold their value.
@gingermcintosh6545 2 жыл бұрын
Hope I have to say a Prius was an excellent choice. Good solid cars that are super reliable. I have one too. Love my Prius.
@gingermcintosh6545 2 жыл бұрын
Larry you can use your navigation and talk on the phone at the same time.
@gingermcintosh6545 2 жыл бұрын
FYI if you buy a car from Carvana, as my friend did, and you don’t like it, they will take it back and you can choose another. No extra cost.
@DeidresBudgetingJourney 2 жыл бұрын
Your tips are almost exactly what my dad does. My parents always buy a vehicle and tell them their "all in price" exactly the same as "out the door". My dad has walked away from many vehicles because they were not willing to negotiate properly. As a woman I feel more confident going to buy a vehicle because of all my dad's teachings over the years. Great work Larry and Hope. Love from Canada.
@larryware1 2 жыл бұрын
Excellent, virgo8708. I always went with Dad to purchase cars and learned a lot from him as well. I always had him approve the cars we were buying as long as he was alive.
@slm3913 2 жыл бұрын
In place of a Garmin, we use WAZE. Never have had a problem with it. My husband uses it on his phone and I have my phone for phone calls. Works great without buying another device. It also tells you if there is an accident ahead or police using radar for speeding. It also tells you who else around you has WAZE. It tells you where places are like gas, restaurants, and other services. Really good service.
@sandrabryan9106 2 жыл бұрын
We bought a 3 year old hybrid Prius V for less than $16K USD with low mileage (less than 24,000 Km or15K miles) Certified preowned. Cut our gas consumption in half and we use it for camping (we sleep in it). We researched it first and have had no regrets..no car debt here (BC Canada)
@UndertheMedian 2 жыл бұрын
Nice job, Sandra! You got a great deal.
@larryware1 2 жыл бұрын
I was looking at the Prius V when I settled for our Fit. They are very nice cars. Our other car is a Prius III. We're getting very similar mileage on both our cars - 43 - 47 MPG.
@sandrabryan9106 2 жыл бұрын
@@larryware1 Ours still had the new smell and I had been talking to taxi drivers here that drive them and they get up to 600,000 KM with very little maintenance before they sell them for a new one. They explained how the engine worked and I researched further before we bought one. The Deler wouldn't come down in price but it really was a steal. lol
@judithscharf6318 2 жыл бұрын
Great video. I got a pre-certified 2009 Honda Accord on the 4th of July weekend 2010. It had 6900 miles on it and I negotiated a 5 year extended warranty at a very good price. It also had a Carfax report. The salesman told me the people who had owned the car previously had twins and purchased an SUV from them. I still own the car and have been more than pleased with it. I keep it in the garage. No food or drink is allowed in this or any car I have ever owned. I keep all bills to show the next owner that the car was properly maintained. The title is also kept with the maintenance records. The car is regularly washed and vacuumed.
@UndertheMedian 2 жыл бұрын
That's awesome. You're taking great care of that car.
@RN-mn3jn 2 жыл бұрын
I would totally agree with the "certified" vehicle buys. I've bought 3 certified vehicles over the last 30 yrs and I still have 2 of them. Excellent choices - as the car companies are basically signing their approval on the mechanical soundness of the vehicle.
@larryware1 2 жыл бұрын
Exactly!
@Grayce47 2 жыл бұрын
Our cars were 10 and 13 years old. We had to get another one this year. We had been researching cars for months and narrowed it down to a specific model and year, based on reliability. We watched the dealer websites and autotrader everyday. When the model we were looking for came up, with a clean carproof report , low mileage and a good price, we called the dealership right away (they didn't even have pictures posted yet). It was a city about 45 minutes away. We went to look at the car that day. When we were negotiating price we negotiated the "out the door" price. We bought from a Toyota dealer that had serviced the vehicle and taken it back in trade. We were thrilled that we were able to pay cash for it. We are now saving to buy our next vehicle in about 3 years times
@larryware1 2 жыл бұрын
Way to go, Grayce47!! Well done!
@victorwadsworth821 2 жыл бұрын
My first, a brown 1963 Olds Dynamic 88, I bought from Al Sparks at his Texaco Station for $200.00. Got it up to 110 MPH on the 8 mile streach of the Milsap Highway. I was young, dumb & full of bean dip those days, but I could Disco Dance good.
@joannburns1090 2 жыл бұрын
Lol 😆🤣
@larryware1 2 жыл бұрын
Yeah, I've been there, done that, except I couldn't disco...
@victorwadsworth821 2 жыл бұрын
@@larryware1 I won a dance contest back then, but I was no John Travolta.
@joannburns1090 2 жыл бұрын
@@victorwadsworth821 lol 😆😂 You might still have moves.
@roseo4094 2 жыл бұрын
Never fall in love with a car. You won’t make your best deal if you are starry eyed !
@larryware1 2 жыл бұрын
Very true. I always keep in mind what my Dad said, "There's always plenty of other cars out there for sale." Of course, now, that's not so much the case.
@roseo4094 2 жыл бұрын
@@larryware1 Dads give the best advice❤️
@cynthiastory8603 4 ай бұрын
Larry and Hope your videos on being frugal have really, really helped. I've snuggling financial for a long time. I'm will be 70 in May this year and have yet really my major dreams (goals). Watching your videos and others similar have given hope that my dreams can still be realized if I have good practical advice and willing to put that very wise advice to work. I do need a much better car, but I see (after watching your videos) I need to work on my budget better and save and do my homework. Thanks again for your great videos on how to be frugal. Blessings and Shalom from Kingsville, Ohio ❤ 🙏🏻 😊👏👏👏😀
@SherryEllesson 2 жыл бұрын
Larry and Hope, before I smartened up and started buying Japanese cars, I had a Triumph. There was a joke going around in Silicon Valley that the reason British engineers got out of school a semester early was because they didn't study about gaskets and seals. lol....too true. "The shape of things to come" became "the shape that's in the shop" all too often. Much as I love sports cars, as I property owner, I often find myself schlepping home trees, lumber and pre-built shop cabinetry so my weapon of choice these days is a little Honda CRV that's nowhere near as sexy as the Mazda RX7 I got when my Triumph died, but I don't worry about having room for a 90+ lb dog, either. Now to just train him to walk up the ramp....
@larryware1 2 жыл бұрын
Good strategies, Sherry! My dream car would be a Mazda MX-5 Miata - WAY over our budget, not practical for the family, but FUN, FUN FUN!! So...the Honda Fit is what we bought and I love it as well. At least it's a stick shift and I can make creative motor sounds and pretend I'm driving a sports car. For you, the Honda CRV is VERY practical. Those are great cars for your use and need. I'm sure your 90 pound dog thanks you... LOL!
@katherinerichardson1767 2 жыл бұрын
Wow! Wow! Wow! You hit all the points my husband and son do when buying a vehicle. It was a real eye opening process for me. I am glad my men do all the vehicle purchasing because that is not my thing. I tell them what things I want in a vehicle {& no, I don't ask for a particular color--LOL} and they go get it for me. Great show today!
@larryware1 2 жыл бұрын
Good for you, Katherine! Yes, white wasn't exactly my first choice. I've ended up for four white cars on the last four I've purchased. Would have loved red or dark blue.... for a change. LOL.
@cocomuhly 6 ай бұрын
You two are the parents I never had. Thank you! God Bless You Two!
@faithrada Жыл бұрын
My parents drummed into our heads ...Always pay CASH for your car! Typically I have gotten a *used* dealer Curtisy car which is only about 6 months old. Right NOW however we would only consider a NEW car because there are SO MANY used cars that have been in floods!
@AEvans36977 2 жыл бұрын
Years ago, a salesman at our Honda dealership tried to interest me in a used car that looked like it had blood stains on the interior ceiling. Nope. I ended up buying my Hyundai Accent new for less than what that used Honda would have cost. Had it for 13 years. Ironically enough, I later traded my Hyundai(good trade in value)for a used certified pre-owned Honda CRV at that same Honda lot years later. 12 years later, still driving it. If financing, it's been suggested to take care of that first before going to a dealership bc you may get a better deal than financing at the lot.
@larryware1 2 жыл бұрын
Great advice on the financing. Blood stains? Nooooooo. I'm totally with you on that point. CRVs are great cars. I just couldn't afford one for the years and mileage we were looking for.
@valdamarielegault1907 2 жыл бұрын
Good morning from Ontario Canada. We recently ordered and received a new vehicle after been injured in a car accident which made my husband and I unemployable. Safely features, comfort and reliability are an absolute must for us. No worries we paid Cash and plan on keeping it for years and years. God is good.
@larryware1 2 жыл бұрын
God IS good! So glad you are okay. Cash IS king.
@valdamarielegault1907 2 жыл бұрын
@@larryware1 thank you.
@oliviafox3310 2 жыл бұрын
Good analysis. We turned down a free Mercedes simply because the gas mileage, car insurance, and parts were out if our budget. We ended up with a pre-owned Honda fit and love it. It's like a little station wagon with the back seats down.
@larryware1 2 жыл бұрын
Good for you! I love how much room is in the Fit. I've already hauled furniture in it that would never fit in a conventional car. So glad you are enjoying yours!
@rochellethundercloud346 2 жыл бұрын
A tip.get dash cama,front and back.a friend told me this.he is now a cook county sherriff,and said very helpful in accidents,and .may lower insurance.also,color is a factor
@fourdayhomestead2839 2 жыл бұрын
Thank you. My late husband always bought rental & lease program vehicles. My local dealership has been a blessing .. Low miles, meticulously maintained & they have a great warrantee program.
@UndertheMedian 2 жыл бұрын
We bought a leased car once and had terrific luck with it.
@goheen04 2 жыл бұрын
Great tips! We are currently in the market for a new to us vehicle... We have done cash cars for years now...
@joseegaudet6109 2 жыл бұрын
Wish I knew how bad of an investment my new leased car was 2 years ago. My old 1997 Acura integra got stolen out of my apartment parking lot during the night. Traumatic experience. So I needed a car right away didn't have much time to think and being only 19. I went with the lease to afford payments better. I love being worry free and no repairs for 5 years for now its worth the extra money . But never buying a brand new car again! Can't wait to buy it out at the end of the lease because I can't imagine putting in so much money to just let the car go.
@larryware1 2 жыл бұрын
Excellent, Josee. You will never regret the savings of buying used. And, like you, I don't like spending a lot of money on transportation.
@huffpede 2 жыл бұрын
Oh shucky darn I missed the live episode due to canning potatoes. I'm happy for the "rerun" so taking a break to watch it. Great topic, thanks 😊
@larryware1 2 жыл бұрын
So glad you can watch anyway. Thank you.
@jonnaborosky8836 2 жыл бұрын
I want to borrow Larry the next time I buy a car! He knows so much! I have no problem haggling when it comes to that point. I don't know how to pick the best car. I've bought cars for cash and I've financed cars. It's about 50/50. I used to have a sinking fund for next car/car repairs. That didn't work. I had to split that into 2 funds because, when they were together, all the money went to repairs and there was nothing left for next car purchase. I did learn from this video...about "out the door" price. Thanks! ❤
@larryware1 2 жыл бұрын
Great, Jonna. There are so many good on-line resources that will help you narrow down good cars. That's all I did. Also, ask anyone who owns the kind of cars you are looking for and find out how reliable they have been for them. So glad to have you with us.
@jonnaborosky8836 2 жыл бұрын
@@larryware1 Thanks for the info, Larry.
@larryware1 2 жыл бұрын
@@jonnaborosky8836 You are so welcome,
@kakelinga 2 жыл бұрын
I love that this video has so much information on how to buy a used car. I like the example Larry gave about walking away from the Honda Fit because the dealer wouldn't sell it for the price he was willing to pay. Two months later you got the very car that you wanted by being patient and not emotionally attached. Our son went to Toyota to buy a used car in 2014. He was able to get a 2013 Toyota Corolla for $12, 500. The Corolla's are the cars that they let people use as loaners when owners would take their cars to be serviced; and there were five to choose from. It had a little over 20,000 miles for a one year old car, but it was clean and Toyota gave him the three year bumper to bumper warranty. If he had bought the car brand new in 2013 he would have paid about 19K out the door. The sales woman said they always sell the loaner cars at a good price each year. Who knew?
@larryware1 2 жыл бұрын
Thank you and GREAT story! Your son rocked it!
@julies3223 2 жыл бұрын
We were looking for a new to us vehicle and noticed how the prices have really gone up! Buying used is the price of what a new vehicle was a year ago. We’ll be waiting awhile. Another great video!
@fourdayhomestead2839 2 жыл бұрын
I've been saving for a small truck. Paid cash for my last one, using the same tips as recommended here. 306k miles later I'm shopping again.
@CentsibleLivingWithMoneyMom 2 жыл бұрын
May I ask how long your keep your cars? I love the detail of this video. I never thought to check with the insurance company.
@UndertheMedian 2 жыл бұрын
Our goal is always to keep a car 10 years. Sometimes that plan goes sideways for unforeseen reasons though - like excessive repair bills, which force us to make a decision on whether to continue repairing it, or to replace it.
@erinmcaleer1189 2 жыл бұрын
I ended up stacking rebates and offers to get a "new graduate" $1,000 off (2 years after I'd graduated. It never hurts to ask!) and zero percent financing for 5 years on a new vehicle. I checked about 200 miles out from the dealership near me (as Larry suggests) and knew there was a loaded vehicle on their lot and the closest base model was 2 states away. I let them know I needed a vehicle the next day (true) and would like the base model as I wasn't paying for "extras". After walking away and coming back to see if they could get the base model in time, they offered the loaded model on their lot for the cost of the base model they would have to bring in. I had a new car, loaded, with 35 miles on it for under 14,000, and it lasted me 12 years with no major repairs. The caveats are that with it being financed, I did have to up the insurance on it for those first 5 years and keep up with the payments in order to keep the zero percent.
@UndertheMedian 2 жыл бұрын
You did a GREAT job negotiating that price for the fully-loaded model. Nicely done!
@larryware1 2 жыл бұрын
WELL DONE, Me me!!! Wow! You rocked it. That dealership really went the 2nd mile for you. Way to go!
@sw6118 2 жыл бұрын
The VIN will only show if the car has been in an accident IF that accident has been reported. Ask me how I know… You must look up recalls on the car and ask the dealership for proof that they’ve been done. I’m not sure how you get your name on the list to be informed about future recalls. Also look at the recalls. I once bought a car, that turned out to be one of only 2000 made at a particular factory, all other cars of that model car were made at a different factory. Cars from that factory had serious recalls every year-including the first year when I had to have the transmission replaced at 200 miles. The dealers HATED honoring recalls on that car they were all big deals and the dealers saw them as money losers so much so that they refused to replace the back seat seat belts when recalled because we didn’t have children regularly riding in the back seat-which isn;t their place to decide. I’d never buy that brand again. FYI, I would look up that car in car guides that supposedly reported recalls and most of them didn’t mention the recalls on those cars because most cars of that model didn’t get recalled just the 2000 lucky ones needed them. I’m presuming that computer tracking would make such car guides obsolete. My now 13 year old Toyota has only 150,000 well maintained miles, still runs well and has had few recalls. I’m aiming for 250-300,000 miles on it. I’m still really happy about that purchase. Don’t give up comprehensive automatically when your car is paid for because if your car is stolen or totaled you have no coverage. Given the current cost of used cars that could really hurt. If you have a popular to steal car consider getting a kill switch.
@MagnificentHorses 2 жыл бұрын
I personally prefer paying more to buy a used vehicle from a dealer because there’s a lot less risk that way.
@larryware1 2 жыл бұрын
Hi Dave!! Agreed. Much better all the way around.
@FrugalQueeninFrance 2 жыл бұрын
Thanks for this. We are saving hard for a car here in France. They really hold their value. A three year old Nissan qashqai is 18,000€ that’s almost 22000$!
@larryware1 2 жыл бұрын
That makes it difficult to save up for. The Hondas and Toyotas really hold their value as well. Now with the shortages and demands, used cars are at an all time high.
@FrugalQueeninFrance 2 жыл бұрын
@@larryware1 thanks for answering
@victorwadsworth821 2 жыл бұрын
Women should bring a man along, even if she knows more than the man. Some things refuse to change.
@larryware1 2 жыл бұрын
Sad, but true.
@2JobsStillPoorUSA 2 жыл бұрын
Ladies just be no nonsense and don' t let the company waste your time.
@UndertheMedian 2 жыл бұрын
@@2JobsStillPoorUSA , one of my friends has been the top car salesman at her dealership for many months. She rocks at her car knowledge. I think she should teach a class on how to spot a good used car and negotiate the price you want to pay.
@2JobsStillPoorUSA 2 жыл бұрын
@@UndertheMedian I think that would be good.
@sw6118 2 жыл бұрын
@@2JobsStillPoorUSA they don’t waste your time, they simply lie to you.
@utubeentry4now 2 жыл бұрын
Thank you for this video. Very informative. I’ll have to listen to it several more times before I venture out and actually do this! There’s nothing worse than ending up with this a lemon! Do you have advice for moving and buying a new house for the purpose of downscaling? We have too much home. I listen to you folks and find it not only refreshing, but extremely helpful. Thanks for the good work! looking to
@larryware1 2 жыл бұрын
We did a video called, "How Frugal People Buy a Home on a Low Income." Look that video up and it should help you.
@fredswartley9778 2 жыл бұрын
Great video. This was a good review for how to choose a quality car. I also like car gurus...I financed my first 2 cars, but I never want to do it again. I would like to pay for my cars in the future. It saves a lot of money and reduces the stress of car payments. The challenge for me now is trying to save for a new car.
@brg2743 2 жыл бұрын
If you call ahead to let an auto insurer know that you are thinking about a different car, some insurers will give you a discount for doing that after buying it.
@HermaeusM Жыл бұрын
Winter tires > awd EVERY TIME. Best car I had in the snow was a fwd sedan with winter tires on it. AWD sedan I have now was marginal at best in the snow until I got winters on it as well. Only takes one accident avoided to pay you back all that money and then some. Also if you are swapping all seasons with winters each shares the wear and tear so you really aren’t spending anything at all
@shotpusher Жыл бұрын
Thank you!
@ettamargason4995 Жыл бұрын
Very very useful. Thank you so much!!!
@davisholman8149 Жыл бұрын
I have gotten such killer deals on vehicles - I should hire myself out. Shop on Christmas Eve - do not budge on price & get as many perks as they have. We were there looking & after spending hours with us - we were ready to walk away by 8pm. They were not used to a woman being the sales guru (I have a degree n technical sales). Got a 0% loan with all the bells & whistles on my husband’s black Toyota truck - the young guy who helped us said a letter we got it for less money than he had ever seen - they just wanted the sale & to got home on Christmas Eve, LOL. My last vehicle was another not planning to buy scenario. Got a 3 year old low mileage Lincoln MKZ Hybrid. off Craigslist. The lady was leaving on vacay & just wanted to get rid of it because she was divorcing & liked her SUV more. I made an offer of $10,000 - thousands less than the value. She asked if I could go up a little - I offered $10,500 & she took it - just wanted to get ready to leave on her vacation! I can get 42 mpg - 32 with the air blasting. Have never had one problem with my MKZ.
@dianebennett7410 2 жыл бұрын
Very helpful information!
@emmawilkins5755 Ай бұрын
Great tips! Also on your test drive do some things such as reverse parking and drive roads similar to where you would go in real life. My parents bought a car but upon getting it back home found the turning circle was so big they couldn't go round the mini roundabout at the end of their road in one turn. It was quite dangerous. They ended up returning the car. It never occurred to them to test drive it round a mini roundabout!
@denisereneec 2 жыл бұрын
Excellent video guys!!! Thank you!
@BellaCinco 2 жыл бұрын
Great video. Very informative! Not in the market but I will definitely come back when ready. 🙏 thanks.
@mfam441 2 жыл бұрын
Perfect timing for this video! We have begun looking for my daughter's first vehicle. She only has $3500.00. It's really hard to find something and especially since it's two ladies looking... Prices have really gone up as well. We are praying to be led to the right one asap. Great video friends! Blessings!
@UndertheMedian 2 жыл бұрын
Bonnie, our son, James, got his Crown Vic six years ago for $3500. He bought it from a family friend who had cared for it very well. He's never had to take it in for any major repairs. Good luck to Anna on finding her perfect car.
@mfam441 2 жыл бұрын
@@UndertheMedian Thank you! We are hoping to find a deal like that! :)
@debbiedorsey2371 7 ай бұрын
Great video on used car purchase! Thank you!
@barbaracarbone4658 Ай бұрын
Really awesome stuff. Tons of good info. Thanks much🎉🎉
@beasefcik2469 2 жыл бұрын
Thank you! It was a very helpful video.
@UndertheMedian 2 жыл бұрын
Glad it was helpful!
@roseo4094 2 жыл бұрын
Thank you Hope and Larry! This is truly needed info!
@larryware1 2 жыл бұрын
You're so welcome, Rose O.
@gladysperez8156 2 жыл бұрын
Thank you both for great tips on buying a new or used car, and recommendation to have a saving fund. 🙏
@gladysbohle1741 2 жыл бұрын
Great and complete info. Thank you.
@larryware1 2 жыл бұрын
You are so welcome!!
@Pamsgarden213 2 күн бұрын
Great video!
@Sheila-ru1iu 2 жыл бұрын
So helpful - i will be watching this over and over - thank you!
@larryware1 2 жыл бұрын
Awe. Thank you, Sheila. You are SO welcome!
@judithbuchanan9566 2 жыл бұрын
Oh wow!!!! I learned a lot, thanks Larry & Hope🙌🏽
@larryware1 2 жыл бұрын
You are SO welcome, Judith!
@ayela562 2 жыл бұрын
This video has never been more needed! Car prices have gone crazy. We paid off our car in May and I hope to have it for many more years. By the way, your videos are looking fantastic with the new equipment !
@larryware1 2 жыл бұрын
Thank you so much, Ayela. You're doing great. We are loving the new equipment and the sharper images, too. Everything we purchased is working out nicely.
@knithappy 2 жыл бұрын
Excellent information! Thank you!!
@larryware1 2 жыл бұрын
You're welcome, Sandra!
@charletteprzybylski3417 6 ай бұрын
I appreciate the point about the 'out the door' price! I always learn something new from you. Thanks.
@traceyobrien8410 2 жыл бұрын
Good to know and quite timely information.
@larryware1 2 жыл бұрын
Thank you, Tracey!
@monicaambs 2 жыл бұрын
Wow this was a very helpful video.
@larryware1 2 жыл бұрын
Thank you, Monica! Loved researching it.
@bex438 2 жыл бұрын
That's great advice both, thanks for sharing 👍😊
@larryware1 2 жыл бұрын
You are so welcome, bex438!
@sallym9769 2 жыл бұрын
I am agonizing about buying a new to me car so this is very timely. Thanks!
@UndertheMedian 2 жыл бұрын
Happy you found it helpful.
@RJthing 2 жыл бұрын
I have a downloaded worksheet of items to check( downloaded off of internet) when purchasing a new car that I will take with me if I'm shopping whether private or dealership. Also I take a thermometer to check how cold the AC gets by putting thermometer in a vent.
@UndertheMedian 2 жыл бұрын
Great tip!
@lydiagibbs9106 2 жыл бұрын
Excellent, excellent presentation. Thank you sooo much for explaining in such detail the correct way to buy a used car. I immediately shared it with my son. 💕
@JohnSmith-qw2yo 2 жыл бұрын
Are you using a new camera? The video looks great!
@barbarawilliams67685 Жыл бұрын
Love my Garmin!
@leedaniels7196 2 жыл бұрын
Just by the title of this video I know it’s going to be a great one!.💯😇
@larryware1 2 жыл бұрын
Thank you, Lee. We mix our own experience with expert's advice.
@leedaniels7196 2 жыл бұрын
@@larryware1 Your wonderful advice is PRICELESS!.This is why I love your channel!.❤️❤️
@doloreswilson6698 2 жыл бұрын
I did when my kids were little . I recently bought a new kona. I should have gone for a pre-owned one.
@pagemcpherson2485 2 жыл бұрын
Oh my goodness I’be learned so much from this video! My husband and I usually shop for vehicles together, but I really do think I could do this alone if needed. I have a 2013 Camry (PAID FOR) with 169000 miles and plan to drive it as long as I can. I bought it new but plan to never do that again. I bought it one month before finding Dave Ramsey and of course we know what he thinks of car loans. 😆Love your channel and all the wonderful advice you share! Thank you for all your time and efforts in sharing your knowledge and experiences with us; they are truly helpful.
@larryware1 2 жыл бұрын
You are so welcome, Page. You are really getting the good out of that Toyota Camry. Those are great, reliable cars. And having it paid for is another added bonus. Dave Ramsey has a lot of good advice. Hope watches him all the time.
@connollypatty 2 жыл бұрын
This question doesnt concern cars but rather goals as I have come late to the party! How do you find the best way to actually visualize and track your goals each day? Whatever I write always seems to get lost in the shuffle! Thanks so much...your videos have been such an encouragement to me!!!!
@larryware1 2 жыл бұрын
Hope and I have several videos on our channel about that. Look through our titles and you should find several.
@susanmiller8944 Жыл бұрын
HI guys ! glad your here
@christinestryker784 2 жыл бұрын
I've only ever paid cash 💸 But this will definitely Help! Thanks And not to be weird, but Hope, you have a Great smile 😊
@UndertheMedian 2 жыл бұрын
Thank you, Christine. You made my day.
@larryware1 2 жыл бұрын
Love your comment, Christine! Hope does have a lovely smile. Her whole face lights up when she does.
@christinestryker784 2 жыл бұрын
@@larryware1 I agree, it's very uplifting 👍☺
@paulamoors 2 жыл бұрын
I have no intention of buying a car. Been there done that. I have a deal with my neighbor. I help her with electronics and she lets me borrow her car now and then. But I love your channel so much I listen to all of them!
@UndertheMedian 2 жыл бұрын
Wow! Paula, what a great barter arrangement!
@cindypatrick785 8 ай бұрын
My husband and I took a trip to Florida years ago w our 2 children and we borrowed a friends Garmin. After “ navigating “ us in the wrong direction more than one time I told my husband,” if this garmin goofs up one more time I’m throwing it out the window.” He said “ no no you can’t do that, it doesn’t belong to us.”😊 9:27
@UndertheMedian 8 ай бұрын
LOL! Great story!
@MyThougths 2 жыл бұрын
Y’all are so cute. Just a thought- new phones with Bluetooth can both talk on the phone and navigate . If someone has an older phone or no Bluetooth that may be a more difficult task and then yes a GPS is better
@inspiteofbecauseof4745 2 жыл бұрын
Safely enough in the current car market, those new cars purchased from 2018 are now worth more than they were bought as new. I bought a new 4 door jeep when they first came out, paid cash, drove it for 3 years and sold it for more than I paid for it.
@brianpulliam1100 2 жыл бұрын
I have a car right now that the digital odometer and gas guage is difficult to see in bright sunlight. I am saving up for a "New to me" car
@larryware1 2 жыл бұрын
Good for you, Brian!
@samanthashaw8329 3 ай бұрын
If you buy a vehicle from a persin looking to sell their private personal car auto always try to buy from an older person 99 percent of the time they the elderly keep their autos like new with low mileage and usually will give you a better price than car lot or dealership or a younger person who didn't keep up with the maintenance on it most older folks keep up with the maintenence My car i bought from an older person was in mint condition was an 87 5th Avenue with less 5000 original miles on it when i bought it for 600 dollars in 97
@2JobsStillPoorUSA 2 жыл бұрын
I once put a car on layaway for about 10 days.
@larryware1 2 жыл бұрын
That's a good way to determine if you really want it or not.
@2JobsStillPoorUSA 2 жыл бұрын
@@larryware1 oh I was certain I wanted the car. Had $1k to put down and was expecting the remainder of the money the following Friday. Oh they tried the "we will run your credit," crap. I said "No, you will take this $1k and hold the car in the back for me until next Friday when I will bring the rest and complete the transaction. They were confused at first... But were all smiles the next Friday. There was no negotiation on price at all which was a drawback but to me it was worth it.
@sameerkaram9425 2 жыл бұрын
Hi . I'm frugal my self as well. You couples are great BUT my Question Are you both always on same page , What things you Disagree about , What things you both might Argue about. Make a video about that ; I'm waiting
@UndertheMedian 2 жыл бұрын
Though we don't agree on everything, when we married 33 years ago we agreed that we would work as a team and compromise on areas of disagreement. Consequently, most of what we do is a result of those compromises. However, I suppose that one area we disagree on is that Larry would go out to eat more than I do and the fact that I worry about money more than he does.
@larryware1 2 жыл бұрын
We are a very "normal" couple and have our share of disagreements. As Hope mentioned, compromise and putting the relationship ahead of our opinions and tastes have helped us blend outcomes of decisions where we initially disagreed. When we are in total disagreement we both back off and don't go in that direction. We pray and ask God to give us His mind on matters we can't come to a common solution for and when we are forced into making a choice on a matter. This helps immensely. Great question!
@sameerkaram9425 2 жыл бұрын
Thanks I love it
@danabe3220 2 жыл бұрын
Excellent video. May I ask why you sold your LEAF? I just purchased a used LEAF because of current has prices. Over $4 and climbing here in the Portland Oregon area.
@UndertheMedian 2 жыл бұрын
Our LEAF was a 2011 model and our range was dropping fast. So, we had to decide if we wanted another electric or a gas car. Larry is retiring in a year and the LEAF was his car to commute to and from work. We wanted something with better range for retirement. We chose a Honda Fit (6 speed) and Larry is getting 45 mpg - very similar to our Prius. We, honestly, miss the LEAF, but we don't regret our final decision.
@danabe3220 2 жыл бұрын
@@UndertheMedianLack of range is a serious issue with electric cars. Understandable why he had to sell. Sometimes a gas car with excellent mpg is a better option.
@maryallen1017 11 ай бұрын
Hope & Larry, Just wondering, when paying for the vehicle you said to pay cash. Does that mean you bring them actual cash money or does writing them a Check for that amout sufficient to do?
@nathanalexanderwright3262 2 жыл бұрын
Do you have any videos or resources for homeschooling on a budget??
@UndertheMedian 2 жыл бұрын
Nathan, contact me at hope@underthemedian.com. I often speak at our local homeschooling convention. Tell me that you asked about homeschooling. I'll send you a link to three private videos of sessions I did for them. You may find them helpful. (Hope)
@AmandaJYoungs Жыл бұрын
You went from an electric car back to a gas car? Was that because you don't yet have the infrastructure in place to charge away from home? That's an issue here in the UK. But I know that electric cars are a lot more to buy than gas cars too - there is quite a lot to think about when it comes down to it, and I would love to know what your thinking is/was on the electric car and how it changed, especially since you went back to a gas car.
@traceyobrien8410 2 жыл бұрын
I would like to know your thoughts on extended warranties. Pros? Cons?
@larryware1 2 жыл бұрын
Don't buy them.
@jameshuggins4300 2 жыл бұрын
Start an account to save money for repairs. If you can find a reputable mechanic often they will give discounts for paying cash.
@mercyp7151 2 жыл бұрын
May I ask a question? I'm not that savvy in terms of cars so this may seem obvious. Why does a car need to be replaced every 1 years or so?
@CentsibleLivingWithMoneyMom 2 жыл бұрын
Hi Hope and Larry. I can pay cash for the car that is right behind you.
@UndertheMedian 2 жыл бұрын
Don't you love that model? I think it's so cool. Definitely a car we've never owned in real life.
@larryware1 2 жыл бұрын
LOL! Love that, Centsible...Mom. I picked that up with t group of about 30 cars at a garage sale and sold the rest at a profit. The 1961 Corvette was my keeper.
@CentsibleLivingWithMoneyMom 2 жыл бұрын
@@UndertheMedian I noticed it right away.
@CentsibleLivingWithMoneyMom 2 жыл бұрын
@@larryware1 I love vintage cars. My dad is in a car club. He has a 1940 Poniac
@brianpulliam1100 2 жыл бұрын
Do you always pay the sales tax and title stuff to the dealership and they write a check to the state finance office or do you pay that out of your own pocket?
@UndertheMedian 2 жыл бұрын
The only time we pay those charges out of our own pocket is when we purchase from an individual. Dealerships always do the paperwork for you. You pay the dealership with one check to cover everything.
@bridgetmcgrath3964 2 жыл бұрын
Hello
@larryware1 2 жыл бұрын
Hi, Bridget!
@monicaambs 2 жыл бұрын
Please, please can you tell me what you save each month toward a newer car in the future? I know this is a personal question? But I need to know how much approximately I would need to save for.
@christiecouty4256 2 жыл бұрын
Easy enough...set your budget...for $10000 divide that by 120 months(10 yrs) = about $85 a month
@larryware1 2 жыл бұрын
We save $100/month.
@monicaambs 2 жыл бұрын
@@larryware1 Thank you Larry
@victorwadsworth821 2 жыл бұрын
Watch for saw dust in the transmission
@larryware1 2 жыл бұрын
That's why we give some specific recommendations on where to purchase your vehicle.
@gadgetlady4957 Жыл бұрын
Larry and Hope, I was surprised to see that you bought a new car when your oldest car was only 10 years old. My husband and I buy Toyotas and keep them forever. My husband kept his last car for 18 years and 318,000 miles. The car I drive right now is a 17 year old Toyota with 120,000 miles on it. We get routine maintenance, but have not had any big repairs. I’m just curious why you didn’t keep your car longer. Did you just want a new car? If so, there is nothing wrong with that. I’m not judging. I’m just curious.
@UndertheMedian Жыл бұрын
We still have the Toyota and I primarily drive it. We replaced Larry's electric car. The battery was nearing the end of its life and the range on a full charge was greatly diminished. It's the electric Leaf that was traded in to get the Honda Fit.
@traceyobrien8410 2 жыл бұрын
What if you don't have another car to do a trade-in?
@larryware1 2 жыл бұрын
Usually I don't. Then you just buy one outright.
@kristinescheierl9107 2 жыл бұрын
I was told to buy a car towards the end of the month because dealers have to make a certain quota for the month .
@UndertheMedian 2 жыл бұрын
You are absolutely correct! You'll also save more during mid-winter when few are buying cars.
@sandrachun972 2 жыл бұрын
What made you decide to get a GAS run car after having an ELECTRIC car?
@UndertheMedian 2 жыл бұрын
We loved owning an electric car. Our Leaf was a 2011 model and the battery was degrading quickly. Our range was down significantly. With Larry retiring within the next year or so we didn't want to be hampered by an electric car's limited range. So, we got a Honda Fit and get about 45 mpg with it, which we're pretty happy with.
@victorwadsworth821 2 жыл бұрын
Never buy at night
@larryware1 2 жыл бұрын
True, you want to be able to see the car clearly.
@stevenkirby8058 2 жыл бұрын
Amazing, frugal family with personal numberplate,
@UndertheMedian 2 жыл бұрын
We had that plate for years. It's no longer our plate and now I can never remember what the new one is. My boys have our license plate memorized, though.
@larryware1 2 жыл бұрын
We weren't so strictly frugal when we got that plate in 1999. We no longer have it - dropped it to keep costs down after the sale of that van to a private party.
@jennycarrier 2 жыл бұрын
i always bye use car...my last car was always at the shop.$$$ all my use cars was garage situation $$.finaly i bye e new one but no interest..wil be pay in 3 years..i need Something very rebabille...just tire of paying garage repair,,was to much,,i canada contry lots of ice snow..need e vus! there are expensive ..but i need it..caring handicap poeple aroud ect...
@larryware1 2 жыл бұрын
Jenny, I would try looking at an older Honda or Toyota for reliability. Depending on your budget, you might have to go back 10 years and look at mileage that is over 100,000 miles. There are many good cars in that category.
@pamelagroves2142 2 жыл бұрын
Why did you let go of the electric?
@UndertheMedian 2 жыл бұрын
It was a 2011 and the battery was wearing out. As electric cars age, the battery degrades, resulting in a much shorter range. It's cost prohibitive to have the battery replaced.
@larryware1 2 жыл бұрын
Unfortunately, as Hope mentioned, the batteries on the early model LEAFs just weren't that good. They were only designed to last 10 years, which they did. Last winter I could only go 16 miles total on a full charge with the heater running. We traded it in in Feb. for our Honda Fit, which I love - and with the prices and availability of used cars now, we're glad we did.
@helencampanella9725 2 жыл бұрын
HOW DOES ONE SAVE UP FOR A CAR AGAIN WHEN ONE LIVES ON A FIXED INCOME AS RECENTLY I SAVED ENOUGH MONEY TO MAKE A DOWN PAYMENT AND THE OWNERS OF THE CAR LOT "LIED" TO ME ABOUT WORKING WITH THEM ABOUT PAYMENTS AND THEY DECIDED THEY WANTED "ALL THE MONEY" AT ONCE AND I LOST THE MONEY AND THE CAR. EXPLAIN WHY, MISS HELEN
@larryware1 2 жыл бұрын
Well, first, you want to use reliable, reputable dealers to purchase from. That's why in this video we don't recommend purchasing from the private lots - unless you personally know the people. Our worst experience was from a private lot purchase - never again. Also, if you're going to take out a loan, I would recommend doing so with a credit union, if you belong to one, or your own bank. Don't use the loan company through the dealer. Even if they are reputable, you will pay more interest. Your last question: Why did they treat you like this? - should be directed to the lot's management that lied to you. I would also report them to the Better Business Bureau. So sorry you had this experience.
@helencampanella9725 2 жыл бұрын
@@larryware1 THANK YOU.BUT IT WAS THE LOT MANAGER WHO TOOK ME TO THE CLEANERS.
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