Should I Buy A $3,000 Car?

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The Ramsey Show Highlights

5 жыл бұрын

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@halvey8518
@halvey8518 5 жыл бұрын
2 jobs? Junior in Mechanical Engineering? Completely debt free? This guy's current situation is as rare as it comes.
@halvey8518
@halvey8518 5 жыл бұрын
Then again if you're majoring in mechanical engineering as I hope to soon after the military, you should learn how to work on your car on your own. You save so much money.
@BombBoy96
@BombBoy96 5 жыл бұрын
@@halvey8518 Im not studying mechanical engineering, but I definitely plan to learn how to be able to work on a car on my own
@ryandono5721
@ryandono5721 5 жыл бұрын
I am in mechanical engineering, I'm also a junior. And i work on my car pretty much exclusively.
@jpain97_
@jpain97_ 5 жыл бұрын
How do you guys have time for homework?
@ryandono5721
@ryandono5721 5 жыл бұрын
@@jpain97_ i do not work on it everyday. I work on it every 3-4 months for oil (takes an hour or so) and then if something breaks i fix it myself unless it's ridiculously hard. (a month ago my crankshaft position sensor went out and I couldn't take apart my engine)
@thomassears4920
@thomassears4920 5 жыл бұрын
"I was thinking Toyota" This guy listens to Scotty Kilmer
@jairmartinez2246
@jairmartinez2246 5 жыл бұрын
I was just thinking "hey guysss Chris Fix heree". 😂😂
@TheLizardKing1967
@TheLizardKing1967 4 жыл бұрын
Smart man
@HDmanzano1995
@HDmanzano1995 4 жыл бұрын
93 Celica
@kaosaeteurn4502
@kaosaeteurn4502 4 жыл бұрын
BMW e39, except 540i, are reliable and easy to work on
@sailortroon
@sailortroon 4 жыл бұрын
Thomas Sears scotty omg
@guitarjag1
@guitarjag1 5 жыл бұрын
I'm almost 47 and that kid puts me to shame. Great job, man, keep it up!
@animusanima3094
@animusanima3094 4 жыл бұрын
Never to late to become better than yesterday self
@davematt7
@davematt7 4 жыл бұрын
Same here, lol
@sdlock83
@sdlock83 4 жыл бұрын
He goes to a for-profit school. Plus Grand Canyon University's engineering program is NOT accredited by the Accreditation Board for Engineering and Technology (ABET). So don't give him too much credit lol! Engineering is highly competitive. The first thing employer wants to know if whether the newly-graduate applicant graduated from an ACCREDITED engineering program within a not-for-profit public RESEARCH university.
@guitarjag1
@guitarjag1 4 жыл бұрын
@@sdlock83 Everything you just said is very true but besides that he has a great financial head on his shoulders considering his age.
@sdlock83
@sdlock83 4 жыл бұрын
@@guitarjag1 No, not that he's got a "great financial plan." The issue is most people in America are financially ignorant. My family is by no means wealthy. But none of us, including my cousins, most of us millennials, graduated college with debt. Why? Just common sense to us. We shop out choice of school based on reputation and price, meaning we choose only public research universities with the best rates and ACCREDITED programs--ABET for engineering, AACSB for business (ACBSP accreditation is NOT good enough for us), etc.. Second, we negotiate our aid packages for the lowest final price. We threaten not to enroll and go elsewhere if the school doesn't meet our tuition assistance "demands" (we make it very clear that the school needs the tuition from our enrollment more than we need them). Third, we all chose majors that makes us more employable when we graduate (engineering, accounting, business administration, computer science, etc.) and leave our area of interest to either a secondary major or a minor. None of us graduated with student loan debt, and we're able to purchase our first homes within 2 years after graduating.
@jasonhowell8
@jasonhowell8 5 жыл бұрын
I wish I was as smart as this young man, at his age. I didn't really wake up until my early 30s.
@93mlo
@93mlo 5 жыл бұрын
Your not that old. It's good you woke up in your 30s then in your 40s or 50s
@jasonhowell8
@jasonhowell8 5 жыл бұрын
@@93mloThanks, I appreciate your comment and sentiment. I'm actually 46 now, with a 420k+ net worth. Sometimes it hit hits me, if I had only been a bit more mature when I was younger, that I could easily be a millionaire by now and closer to retirement I owe much to Dave's teachings. About 14 years ago my net worth was a approximately negative 5 thousand.
@blackbeltfinance4026
@blackbeltfinance4026 5 жыл бұрын
Me too, I went all in at the start of my 30s
@jasonhowell8
@jasonhowell8 5 жыл бұрын
@@MrGetYaAssIt's important to note that we can only start from where we are now. You guys are awesome! I'm honored to know you, and hope all your dreams come true! Keep striving, and know that most of your success will be due to your own effort!
@TheSuganthM
@TheSuganthM 5 жыл бұрын
I am 40.Its too late anyway ;-)
@InvestingHustler
@InvestingHustler 5 жыл бұрын
Worst feeling ever is buying a cheap car thinking you’re going to save money then having that car constantly break down on you. It might cost money up front but always have mechanic inspect a used car
@sidharthchand8072
@sidharthchand8072 5 жыл бұрын
Investing Hustler best advice ever I’ve been burned badly never again
@pao8110
@pao8110 5 жыл бұрын
SURE WILL
@thisisnotok2100
@thisisnotok2100 5 жыл бұрын
You're right, but thats still cheaper than depreciation
@EveryStudent
@EveryStudent 5 жыл бұрын
Peeeerrrrrrfect.
@smithersrob
@smithersrob 5 жыл бұрын
no, the worst feeling is buying an expensive car because somebody has given you the misconception that expensive cars can't be lemons and then having it constantly break down on you and cost another fortune AND lose you a third one in depreciation.
@TheSuganthM
@TheSuganthM 5 жыл бұрын
For a man who is worth $50Mn, Dave exhibits a lot of patience to consult with a young man on a car with a budget of $3000.
@Livesinashack
@Livesinashack 5 жыл бұрын
I thought that was his job?
@notroll1279
@notroll1279 5 жыл бұрын
What do you suggest: putting up a sign "Only Wealthy Clients' Financial Worries Welcome"?
@paulinekirkwood3423
@paulinekirkwood3423 4 жыл бұрын
Dave wants this young man to stay on the path he is on. he is truely wise beyond hs years and handling money better than most people.
@gavinhanson9213
@gavinhanson9213 4 жыл бұрын
People with big money wouldn’t be calling him in the first place if they earned it then selves. They don’t need logical advise.
@josargor8179
@josargor8179 4 жыл бұрын
i think he gets excited hearing about young men like him making the right decisions
@edgarjaimes1634
@edgarjaimes1634 4 жыл бұрын
I downgraded from a $30,000 car to a $2000 Toyota Corolla. I've had that Corolla for 1 year now and it still drives like a dream. I've only done basic maintenance to it. Really recommend it. Best thing is that I don't owe anything to anyone.
@jhguuygbj
@jhguuygbj 3 жыл бұрын
what year is it?
@rasheemthebestfirstone3274
@rasheemthebestfirstone3274 Жыл бұрын
What year is it
@trentc1098
@trentc1098 Жыл бұрын
cool you went from a safer car to a less safer car to save money! structurally they are very poor tin cans
@dman1069
@dman1069 Жыл бұрын
I have a Toyota Corolla and I must say, the vehicle is very good. Just the basic maintenance. If you’re looking to start building wealth, start with a Corolla!
@edgarjaimes1634
@edgarjaimes1634 Жыл бұрын
@@rasheemthebestfirstone3274 2006, I sold it to my sister this year and upgraded to a 2008 Lexus.
@majestix1230
@majestix1230 5 жыл бұрын
Where's scotty Kilmer😂😂
@matthewholz
@matthewholz 5 жыл бұрын
Probably yelling while reving up his engine!!
@majestix1230
@majestix1230 5 жыл бұрын
@@matthewholz 😆
@Komputar
@Komputar 5 жыл бұрын
Doing an ad for Toyota but pretending it's his KZfaq video.
@timbrewer1930
@timbrewer1930 5 жыл бұрын
@@matthewholz y'all are a mess lol
@villyramos3114
@villyramos3114 5 жыл бұрын
Rev up your reliable affordable engines!!!
@setevcorker9104
@setevcorker9104 5 жыл бұрын
8:32 "Unless he marries poorly." ---This is everything...
@BriLoveMusic
@BriLoveMusic 4 жыл бұрын
You only marry poorly if you date poorly. Standards are nice to have. 🙄
@VGAppSolutions
@VGAppSolutions 4 жыл бұрын
@@BriLoveMusic yep, you should know before you marry what the situation is, and defo look into her finances. If you aren't sure don't risk it.
@theflightclubworldwide9983
@theflightclubworldwide9983 4 жыл бұрын
Maaaan!
@Mudoh415
@Mudoh415 4 жыл бұрын
Bri Love Having standards can still get you caught up. You generally don’t date the person, but instead their representative.
@MGTOWUNIVERSE
@MGTOWUNIVERSE 4 жыл бұрын
@@Mudoh415 exactly, especially women that know you can upgrade their lives, best not to get married at all.
@lovefromdrey
@lovefromdrey 5 жыл бұрын
This guy sounds so smart and head strong.
@ShadaeMastersAstrology
@ShadaeMastersAstrology 5 жыл бұрын
LoveFromDrey Yeah girl he definitely has it going on!
@jasperstojanovski5824
@jasperstojanovski5824 5 жыл бұрын
He has a lot of experience in this field.
@neilparmar5705
@neilparmar5705 4 жыл бұрын
I wish I was that smart when I was his age
@bertnl530
@bertnl530 4 жыл бұрын
@@jasperstojanovski5824 Perhaps he witnessed others. Learn of other peoples mistakes.
@macneoh7418
@macneoh7418 4 жыл бұрын
He sounds like a poorly programmed robot.
@Bee-uy2cn
@Bee-uy2cn 4 жыл бұрын
My first car was 3000$ second was 7000$. (One a jeep, one a toyota) Still have both. Still use both. Amazing cars. All of my friends have beautiful nice car ...debt, they make fun of my car and i make fun of their consumerism and debt.
@Bookishwisdom786
@Bookishwisdom786 Жыл бұрын
😂😂😂😂
@iamkyleclimer
@iamkyleclimer 7 ай бұрын
How much should save up for my first? I got $800 so far…
@23ofSeptember
@23ofSeptember 5 жыл бұрын
Better to drive a $3000 car, than a $40k car just because you get a "stipend".
@704ab
@704ab 4 жыл бұрын
But if I buy the new 3500 crew cab dually, I get a $4000 rebate. WHAT A DEAL! And they are selling it at a loss ;)
@moderndayentertainment5812
@moderndayentertainment5812 4 жыл бұрын
Except insurance on older cars is higher
@704ab
@704ab 4 жыл бұрын
@@moderndayentertainment5812 - in my state, liability insurance costs the same, whether the car costs $800, or $80,000. Obviously, you are not going to pay for comprehensive and collision on an $800 car.
@sportsMike87
@sportsMike87 2 жыл бұрын
not everybody wants to drive an ancient car
@AnthonyVasquez17
@AnthonyVasquez17 4 ай бұрын
Unless you add back up camera. Thats lowers a bit ​@moderndayentertainment5812
@RK831
@RK831 5 жыл бұрын
This guy doesn't need Dave. He's already in control of his money, and if he maintains the same attitude towards money, it will just be a matter of time until he becomes wealthy.
@lmv2.787
@lmv2.787 3 жыл бұрын
"Doesn't need Dave" even thought he said he has been listening to David and he is the reason his made some of the choices he did.
@joshuawebb3337
@joshuawebb3337 5 жыл бұрын
Young mans got hustle. Hes gonna do very well.
@HHHPedigrees
@HHHPedigrees 3 жыл бұрын
His hustle is the reason why he had to spend $2000 in repairs. Food delivery service is a ripoff and does nothing but destroys your car.
@dodgeplow
@dodgeplow 4 жыл бұрын
This kid doesn't need to talk to Dave. He's made good decisions. This is just a pep talk for him :)
@bertnl530
@bertnl530 4 жыл бұрын
Car trading is one of the most difficult things there is, for a private buyer or seller. For professionals it is different. They are your friend as soon as you pass the treshold.
@CaptainCocaine
@CaptainCocaine 5 жыл бұрын
Makes $2k/mo making deliveries Wants to know if replacing an unreliable shitbox for around $3k is a good idea BRUH
@PosterizingArtist27
@PosterizingArtist27 5 жыл бұрын
Sadpants McGee 😂😂😂😂
@americanpatriot8426
@americanpatriot8426 4 жыл бұрын
He isn’t too smart
@ajk9420
@ajk9420 4 жыл бұрын
Doing deliveries is what's messing his car up. To make that much money you have to put lot of miles. Average pay is $1/mile so he puts 2k a month. Whatever car he gets it's going to be run to the ground with this road warrior mentality and this job is not sustainable for long because the payments start catching up to what you make. Yea the money might be good but you'll literally pay half of it just fixing your car
@joecurran2811
@joecurran2811 4 жыл бұрын
Especially if you can sell the current car you have.
@monaestewart4591
@monaestewart4591 4 жыл бұрын
ha
@GunSnob
@GunSnob 5 жыл бұрын
I bought a '98 cavalier with 90k miles and ice cold AC for $1,400.. still running strong today (2 years and 15k miles later).. Reliable car. Also debt free, and a home owner @ 27 years old. Phoenix AZ Represent!!!
@ChrisInvests
@ChrisInvests 5 жыл бұрын
That's awesome! You must be on the path to creating extraordinary wealth!
@GunSnob
@GunSnob 5 жыл бұрын
@@ChrisInvests I am definitely trying. I have a long ways to go!
@GunSnob
@GunSnob 5 жыл бұрын
@@ChrisInvests by the way, thank you!!!
@ChrisInvests
@ChrisInvests 5 жыл бұрын
Jonathan Brown You're welcome! I'm on a similar path as you. I just started my own channel on personal finance!!
@GunSnob
@GunSnob 5 жыл бұрын
@@ChrisInvests got yourself a new subscriber!
@billgateskilledmyuncle23
@billgateskilledmyuncle23 4 жыл бұрын
This guy didn't even need to call him. "I'm debt free, learning how things work in school, and stressing over an old car." Just get an Accord for 5k and roll on.
@Emma_madison
@Emma_madison 3 жыл бұрын
How will he flex on you if he didn't call😄
@2s_company_
@2s_company_ 3 жыл бұрын
Everyone needs a little validation, sometimes.
@MiguelRPD
@MiguelRPD 4 жыл бұрын
My old 2003 Toyota Camry was $3,000. No issues minus replacing a radiator and 3 wheel bearings. Sold it for $1,500 after 5 years. Completely worth it.
@bluesky5384
@bluesky5384 3 жыл бұрын
I didn't think it would be so satisfying to see someone decently financially responsible call in lol.
@markb8312
@markb8312 5 жыл бұрын
What Dave was saying at the end is how I got my car! A daughter of a passed away grandma was selling a $3,500 car for $1,500. It was a 2005 ford focus with about 25k miles. Just fine condition. I bought it cash, currently have it up to 43k miles, andhave had absolutely zero problems with it. I had one light replaced for $12 and that's it lol.
@BombBoy96
@BombBoy96 5 жыл бұрын
thats amazing. How much are you paying for insurance on it?
@markb8312
@markb8312 5 жыл бұрын
$100/mo
@richl1319
@richl1319 5 жыл бұрын
Nathan Kestner me too, are you with Allstate?
@lwilliams4198
@lwilliams4198 5 жыл бұрын
You can get over 200++ miles on that car. I have one.
@richl1319
@richl1319 5 жыл бұрын
lt Williams what about my 03 Ford Explorer? You think my car can reach that mileage ? I’m currently at 151,500 miles
@chrisgirard8281
@chrisgirard8281 5 жыл бұрын
3 years ago I bought an old Corolla with not many miles on it. I service it regularly, and it has never let me down. 2 months ago someone side swiped me in heavy traffic, and I had to get an estimate on the damage for insurance. Even though the damage was just cosmetic, it turned out to be worth more than the car itself, which was considered a write off. I was offered a cash settlement for the car or the ability to keep the car with a lesser settlement minus a salvage fee. I thought about all the things I've learned from Dave, and could hear him saying "be weird or be broke" in my head over and over. Instead of going out and buying another car, I hunted down a repair shop that would do the job for the amount I was being offered to keep the car. It was the weirdest thing I've done, but I'm sure I'll look back on this decision and be very proud of it someday.
@fuckingallthesehoes3295
@fuckingallthesehoes3295 4 жыл бұрын
That's awesome for you
@johnlewis8934
@johnlewis8934 Жыл бұрын
I think you can do that today honestly
@fanmaxis3004
@fanmaxis3004 5 жыл бұрын
When people ask me how in doing I tell them "better than i deserve" now after watching Dave Ramsey
@Ericbryanmr
@Ericbryanmr 5 жыл бұрын
Buy a corolla. Or any Toyota....
@DisabilityExams
@DisabilityExams 5 жыл бұрын
Corolla - Toyota's cockroach of the road - nothing kills them.
@jaya.0069
@jaya.0069 5 жыл бұрын
Corolla rocks!! The last thing to die when the world ends will be an old Corolla!
@sweetpotatox1007
@sweetpotatox1007 5 жыл бұрын
Honda too!
@joshua38410
@joshua38410 5 жыл бұрын
I could not agree more, I own a Toyota Camry, but the Corolla is just bullet proof.
@ohiojg1230
@ohiojg1230 5 жыл бұрын
04 4 runner 200k. still running great
@StephanieLeigh83
@StephanieLeigh83 5 жыл бұрын
Benjamin is going to be a very very wealthy man. He’s very smart with money and going into a career that has a lot of growth and pays well.
@joshualaughlin2385
@joshualaughlin2385 5 жыл бұрын
Thanks for telling us! how would we know that without you!
@IT-fj1nx
@IT-fj1nx 5 жыл бұрын
Anything can happen.
@frankish5314
@frankish5314 5 жыл бұрын
This kid is me back in 1985, except I fixed my own cars, never sent a car to a shop yet!.... You're right though, he will be wealthy..:)
@triiii1303
@triiii1303 5 жыл бұрын
Anastasia Beaverhausen mechanical engineering has a lot of growth? It’s not software or electrical, but I’ll give him this: at least he didn’t pick chemical engineering.
@learnteach2learn729
@learnteach2learn729 4 жыл бұрын
@@joshualaughlin2385 lol
@StandYourGrounds
@StandYourGrounds 5 жыл бұрын
I bought a 2002 toyota corolla for $600 instead of getting a lease which was my initial decision. I'm glad I didn't go with a lease. Saving tons of money every month. In addition corolla is 41 mpg.... cant beat that. Best commuter ever.
@Dread_Pirate_Homesteader
@Dread_Pirate_Homesteader 4 жыл бұрын
Where you get that
@animeman197
@animeman197 4 жыл бұрын
He is a sharp guy for listening to Dave and taking action. More and more people need to do these types of things and succeed. Much respect to anyone who is on this journey of discipline, hard work, honesty, integrity, and perseverance.
@Shawn-ho6de
@Shawn-ho6de 3 жыл бұрын
This kid is killing it. Good job!! Mechanical Engineering is an extremely difficult major. I know from personal experience. Way to go! He has a bright future.
@natebostrom3137
@natebostrom3137 2 жыл бұрын
I bought an '04 Taurus for my kid. $3,250. Had only 38k miles on it. At an estate sale. Deal of the decade for me
@JuanJimenez.
@JuanJimenez. 2 жыл бұрын
you can easily flip that, but wow that’s a stupid crazy deal
@OrochiShaka
@OrochiShaka 5 жыл бұрын
Engineering major and working 2 jobs? This guy is really smart!
@ngregerman
@ngregerman 3 жыл бұрын
Great video. So much wisdom and grace from this guy and so kind. We need that in the world right now and always
@687805
@687805 5 жыл бұрын
This guy is impressive, should feel some pride in the choices he's made and things he's done! And yes, despite common asking prices from dealerships there are good, affordable, used cars out there... if you're not out to impress people at stoplights. My first car I bought for myself- in 2004 was a '78 Bonneville with a bad transmission for $600. Replaced the transmission myself for $150 and it was clean! Loved that thing. Sold it for three times what I paid a couple years later.
@NoeciRocha
@NoeciRocha 5 жыл бұрын
Oh boy u are doing a great job! Buy a Corolla will be with u for a long time without breaking, this is why u see a lot old folks driving Corolla
@Samuelfish2k
@Samuelfish2k 4 жыл бұрын
Noeci Rocha Yea and those old folks only drive to the supermarket & back. And maybe to play bingo on Tuesday nights... No wonder their Corollas never break down. Old folks don’t make deliveries or drive Uber all day or take kickass road trips...
@willowandluka5302
@willowandluka5302 4 жыл бұрын
Samuelfish I drive a 1997 Toyota Camry and I drive it 30 miles a day and I regularly drive 400 miles there and back to visit my family. And I do all maintenance myself or with the help of my brother or father-in-law. It is an extremely reliable vehicle and I could only assume a Toyota Corolla would be the same story.
@Wat72-
@Wat72- 5 жыл бұрын
My first car, a 1999 corolla with about 50k miles has never in my family's ownership had to go to be fixed at all. That's about 6 years, only having done the basic oil change etc. It goes for around 1200$ and is the most worth the money vehicle I think I will ever be driving. No rust and drives great, surprisingly much space. I'm certainly recommending it for anyone looking for a cheap car.
@AVPVP
@AVPVP 4 жыл бұрын
At least I educated myself about money in my early 20s . how the money system works, debt based economy, people in big debt with mortgage, school, credit cards, cars, etc. Been debt free for years and always will be.
@princess_patticakes
@princess_patticakes 5 жыл бұрын
Good for this young man! Proud of you!
@user-pq1cj3hy3q
@user-pq1cj3hy3q 5 жыл бұрын
Engine, transmission, frame, and heating/AC. That’s the most important you gotta look for to get cheap car.
@drof2th
@drof2th 4 жыл бұрын
I saved $12,000 in the 70's while in school to become a Meteorologist and now have 5 houses paid off and zero debt! This guy could be Dave's or my son!!!
@marioc7704
@marioc7704 4 жыл бұрын
I’m sure u do
@jamestuck90
@jamestuck90 4 жыл бұрын
N you comment on KZfaq videos
@jeremy3106
@jeremy3106 4 жыл бұрын
Did you end up sticking with meteorology? I'm currently working towards this career, nice to see someone who did the same! :)
@Mandan...77t
@Mandan...77t 2 жыл бұрын
Good man, love the way how patient with him and eager just to give wisdom. I don't know him but I hope him best of luck
@joshuamclean4588
@joshuamclean4588 5 жыл бұрын
The way he’s talking about this 21 year old makes this 20 year old VERY happy about the way i’m headed! 😀
@EdUrichPanFlute
@EdUrichPanFlute 5 жыл бұрын
Too bad I didn't find this channel long time ago I'm new here and I'm learning a lot thanks Dave
@deltaXna
@deltaXna 3 жыл бұрын
Dave - when you graduating Caller - May 2020 Me - 😬😬😬😱
@insideoutsideupsidedown2218
@insideoutsideupsidedown2218 3 жыл бұрын
deltaX NA he still graduated... None of that walking across the stage and paying for a robe your wear once, but he grduated....
@doctorbilalrizwan7766
@doctorbilalrizwan7766 4 жыл бұрын
Amazing comments Dave !! Love you !
@willsommervil6141
@willsommervil6141 5 жыл бұрын
YES!!! 👏👏👏 God bless this man! I hope he keeps it up. Much love to Dave R for always gives great advice.
@sharmeenmoona2886
@sharmeenmoona2886 4 жыл бұрын
being a mechanical engineer recent grad, I can say this guy has his life well planned in every way. Great job stranger.
@willsommervil6141
@willsommervil6141 5 жыл бұрын
I'm extremely happy for this dude!
@lisaandbeans9645
@lisaandbeans9645 4 жыл бұрын
May 2020 is just around the corner. Congratulations Benjamin!!!!
@nicojuro
@nicojuro 4 жыл бұрын
Paid 3400 for my Celica when I was 17, still driving it at 22 with no issues. Love it, can't go wrong with Toyota
@TheBiscuitFactory
@TheBiscuitFactory 4 жыл бұрын
Nifty still have my 03 Honda Accord.
@tannergreenwald9497
@tannergreenwald9497 5 жыл бұрын
This has to be one of Dave's best show.
@kylerider7125
@kylerider7125 5 жыл бұрын
When my brother and his wife were just starting out in the military in 2005 they bought a 1996 Toyota Camry with around 150 thousand miles for 3500 dollars and drove that thing all over the United States for about three years And turned around and sold it for 3 thousand. The car only required tires and a one day inexpensive shop stay during that time. They got lucky lol. Most used cars would not work that well for that little bit of money
@ThomasJames69420
@ThomasJames69420 5 жыл бұрын
A Toyota will
@alexsykes4509
@alexsykes4509 4 жыл бұрын
I had the same exact car, 2003 galant. I rarely had any issues with it minus the balance shaft belt broke. Repaired it myself by replacing the belt, timing belt, water pump, starter, and cam position sensor.
@jbone79
@jbone79 5 жыл бұрын
One important variable about this story is the timing of this young mans ambition and his access to this type of info. Like he said he grew up listening to Dave. I'm 39 and have been listening to Dave for the past couple years and have learned so much. Wishing I had You tube and immediate access to this very important message at 18 rather then a Walkman with cassette tape. The way we can access this information today is huge. Not taking away from this young man who is in fact a rockstar, but we cant ignore the statement from Dave sayin he is kicking our 42 year old butts.
@lizcedillo4602
@lizcedillo4602 4 жыл бұрын
This guy is graduating this month. (Todays date is 5/19/20) Wonder if he got the car or what with covid maybe he took classes online or covid hurt him with no work for most.
@artemijsstefanovs3465
@artemijsstefanovs3465 4 жыл бұрын
Liz Cedillo got the same question
@thenman23
@thenman23 4 жыл бұрын
probably cashing out on unemployment
@lizcedillo4602
@lizcedillo4602 4 жыл бұрын
@@thenman23 haha possibly. Dave has another video of that exact situation. Workers refused to go back to work! They're probably on the couch watching the traffic hour on tv says, "glad that isn't me."
@littleheddie
@littleheddie 4 жыл бұрын
I work for GrubHub Corp. out drivers are making good money out of this situation. I’m sure he’s good.
@FlaminHotChips
@FlaminHotChips 4 жыл бұрын
He dropped out
@ChrisInvests
@ChrisInvests 5 жыл бұрын
This college kid at least has some sense!!
@biskitbunch2553
@biskitbunch2553 5 жыл бұрын
Jacob Votava he says his senior year should cost $4500. He could possibly have scholarships or his parents might be helping him.
@orangeboy97
@orangeboy97 5 жыл бұрын
@Jacob Votava uhhhhh he could easily have scholarships
@leocardenas5728
@leocardenas5728 5 жыл бұрын
@Jacob Votava it's called Financial Aid Buddy
@jasonsharpbucks
@jasonsharpbucks 4 жыл бұрын
Mechanical engineering and can't work on his own car?
@michaeldalton8374
@michaeldalton8374 3 жыл бұрын
If he had sense, he never would’ve purchased a Mitsubishi. Ever. For any price.
@dynodin81
@dynodin81 5 жыл бұрын
No KZfaq Dave back in the day unless you had someone who knew about him. Glad he's reaching out to a lot more people with this platform - especially younger people - since they are pretty born with social media.
@dynodin81
@dynodin81 5 жыл бұрын
Also this would be a great platform to have at schools = money smarts. Not everyone is lucky to have that education at home.
@keithl1189
@keithl1189 4 жыл бұрын
Kid, you’ve got yourself ahead of the race. Good job, I’m both proud of you and jealous of you. Wish I had a head like that on me at 21. Wish you the best
@radhikadunn7647
@radhikadunn7647 5 жыл бұрын
Just saw a youtube ad for a credit card before this video! made me laugh so hard! cz it's Dave Ramsey
@23ofSeptember
@23ofSeptember 5 жыл бұрын
Shouldn't be too hard to find a dependable used car for 3k. Used cars these days, especially imports made after 1999, are way more dependable than used cars were say in the 1990s. Toyotas and Hondas are a good choice. I'd say a Corolla, Camry, Civic or an Accord would be a good choice.
@Livesinashack
@Livesinashack 5 жыл бұрын
I've been scouring Craigslist for this elusive $3,000 Corolla but I'm not having any luck
@Livesinashack
@Livesinashack 5 жыл бұрын
I would think modern used cars would be less reliable because of so many computers and increasing complexity.
@EMichaelBall
@EMichaelBall 5 жыл бұрын
Some Accords and Civics, most notably after 2000, are surprisingly unreliable.
@donnaharouff5085
@donnaharouff5085 4 жыл бұрын
I had 2003 civic. It was the best! Someone hit me in 2015 and totalled it. I miss that paid for car.
@NFSMAN50
@NFSMAN50 4 жыл бұрын
In my city i've found accords and camrys for a good deal around 3k, and older Nissan cars are great, and some GM and Ford's mostly their full size sedans, suvs and trucks are good
@michaelwalsh90
@michaelwalsh90 5 жыл бұрын
What a guy! I found a major in mechanical engineering hard enough with only summer jobs. Well done Ben. Bossed it
@frankavila6245
@frankavila6245 5 жыл бұрын
Well done! Keep going!
@salvatorepuccini4261
@salvatorepuccini4261 5 жыл бұрын
I actually learned something on this. He always talks about you buying used but he expanded upon it to include easy to work on
@Claire-oq7ut
@Claire-oq7ut 4 жыл бұрын
He should be graduating soon! Hope he’s doing well.
@trut52
@trut52 2 жыл бұрын
Bought a $2000 Toyota and couldn't be happier with it. Starts every morning like a charm. I literally just had to put gas in it and change the oil veery once in a while. Love it.
@regul8or71
@regul8or71 5 жыл бұрын
I’m 36-years-old and I’m living proof that you can lead a horse to water but can’t make it drink - I chose not to drink the water when I was younger, and this has come back to bite me in many ways. This kid has chosen to take the drink - The drink that will likely alter the rest of his life (especially if he keeps drinking). Props!
@mph5896
@mph5896 5 жыл бұрын
Caller is delivering food with his car. He will be dumping money into repairs in any cheap car he drives. There is no way around that.
@GEAUXFRUGAL
@GEAUXFRUGAL 5 жыл бұрын
admittedly I didn't listen to the entire broadcast I'm just going through the comments thank you for highlighting that if he's using his car for delivery then he needs to go with a hybrid that's all there is to it he's putting in the miles they are selling Toyota Prius all day long too and $3,000 you might have to do a little work with the battery if you got 6,000 you can probably get a generation 3 car easy and we're talkin flawless we're talkin automobiles with hardly anything wrong with them maybe a small door ding or something like that we're talking cars that have good air conditioning and heater decent stereos and it just don't break down you talk to the number two most reliable automobile the only reason it's number 2 is because the number one most reliable automobile that happens to have the same engine is not a hybrid. Hybrids do have a slighter reliability risk but oddly enough with a hybrid the more you drive it the better it helps out that system so if you're delivering pizza or something like that and you really want to have a hybrid.
@hbarudi
@hbarudi 5 жыл бұрын
@@GEAUXFRUGAL Good to see possible to get used hybrid at affordable prices too.
@mph5896
@mph5896 5 жыл бұрын
@@GEAUXFRUGAL Prius is a great car, BUT on a $3500-4500 budget he is looking at an older model in the 2004-2008 range. The risk of a $3k battery failure would be to risky. I would stick to a small to mid sized 4 cylinder car. Maybe a Corolla, Civic, Accord, Camry, 2008-11 Focus.
@dawnyoung9896
@dawnyoung9896 3 жыл бұрын
I've had several old cheap cars that I had to commute in that didn't give me too much grief. I saved tons on insurance, and interest and payments. I'm very successful now---it really does work.
@moriahjohnthejohnsons718
@moriahjohnthejohnsons718 4 жыл бұрын
This kid made me so happy. I am sure he had parents so struggled and he had to learn the hard way.
@benanderson4639
@benanderson4639 4 жыл бұрын
Knowing how to work on cars as a young person can save you so much money. My brother has a Ford ranger that breaks down once a month, but he's never had it in the shop. Even for repairs that take 30+ hr to complete
@1439smoke
@1439smoke 4 жыл бұрын
I've purchased vehicles from auctions for great deals. Just bought a 2017 Hyundai Elantra SEL with 30k miles for $5,087 out the door with fees just needed a front bumper cover, driver airbag and front seatbelts that locked up during a very small minor front end collision. Cost me in airbag, seatbelts and airbag module $600 in parts and was able to ziptie my front bumper for now, no fender damage, hood damage nor frame damage litterally just front bumper/grille. Vehicle came with window sticker msrp in glovebox with a couple dealer add ons was $23k just 2 years ago and im under $6k into it and have a very nice reliable car for many many years so don't overlook unconventional places like auctions
@migueldecarvalho8012
@migueldecarvalho8012 5 жыл бұрын
"Unless he marries poorly." Ahahahahahah!
@MiMiOrt
@MiMiOrt 5 жыл бұрын
I have a 2007 Mitsubishi Galant and let me tell you I have had that car for 6 years . It has 263,000 miles and its still going. I check everything monthly , almost every 3 months I chang the oil . This car has been my life saver and I haven't wasted a lot of money .
@pao8110
@pao8110 5 жыл бұрын
MeMe O. NICE
@iviaverick52
@iviaverick52 3 жыл бұрын
yes you should. Worst car decision I ever made was to finance a $10k sedan. Best decision I ever made was to sell it 5 years later for $3500 and turn around to buy a pickup truck for the exact same price. Love that truck, and owning it outright is a great feeling.
@facortez
@facortez 5 жыл бұрын
I’m at the Honda shop now with my 11 year old Odyssey with 150,000 miles and plan to drive it another 50,000. She gets the job done. Buy a good car, with a good service record and single owner if possible. You can still find good deals out there.
@lancercool1992
@lancercool1992 4 жыл бұрын
95 Civic for $1500, standard transmission, Hondas run forever.
@RS-xq4hf
@RS-xq4hf 3 жыл бұрын
This kid is killing it. Good job Benjamin. Congrats on your graduation!
@MsThemjs
@MsThemjs 4 жыл бұрын
Good information
@Dochorahan
@Dochorahan 5 жыл бұрын
Toyotas are worth the price even if it's a gently used low mileage. Reliable and you can keep those running for decades.
@teev7
@teev7 5 жыл бұрын
Know what you mean...my mom has a 95 Corolla with well over 400k miles and still running strong. People ask her all the time if she is planning on selling her car, and she tells them, “No way!” 😆
@sethbingo
@sethbingo 4 жыл бұрын
*"Rev up your engines!"*
@leocardenas5728
@leocardenas5728 5 жыл бұрын
I'm 20, debt free also, Graduate 2021, Studying Administration of Justice /Accounting, going into Law Enforcement. This helped very much me and a newer Thanks Dave!
@neoncity1557
@neoncity1557 5 жыл бұрын
Leo Cardenas good to see so many fellow 20ish year olds here
@fabriziomarcia146
@fabriziomarcia146 5 жыл бұрын
Driving a 2007 Toyota Corolla started with 60k miles. Have had it for about 2 years and zero problems. Bought for 4,500. Great money saving cars are out there
@brandonmc01
@brandonmc01 4 жыл бұрын
This kid is killing it, awesome job!!
@LouisLuzuka
@LouisLuzuka 5 жыл бұрын
I have a bmw e36 1995 and it’s easy to get the parts I got it for $1050 much love from Vancouver Canada 🇨🇦
@AutoXela
@AutoXela 5 жыл бұрын
I spent 2,500 on my 1998 Toyota Camry about a year and a half ago. The only thing I have had to do to it was put on some new brakes and buy about 50 of interior parts. I have since then put about 15,000 miles on it. The point is... buy a Toyota
@westoncaldwell4155
@westoncaldwell4155 4 жыл бұрын
Xela yeah i bought a 99 camry with 140k miles for 2700 and its never gonna die
@Addleysmom
@Addleysmom 4 жыл бұрын
What an awesome young man - will definitely be successful in his field Well done indeed!
@PartScavenger
@PartScavenger 5 жыл бұрын
Dave is so right. I never liked Ford's and never intended to buy one, but my wife had a Ford Taurus when we got married. It was easy to work on and there were hundreds of them in the junkyard. Parts from the junkyard are stupid cheap. Even though it broke a lot we saved so much money keeping that car, and I learned that I enjoy working on cars. You can make a lot of fun money working on friend's cars on the weekend.
@PartScavenger
@PartScavenger 5 жыл бұрын
Oh and this kid is a total rock star
@wanyinavybes421
@wanyinavybes421 5 жыл бұрын
This guy is smart and I wish him a bright future ahead. Word of advice, love is no longer blind, choose your bride wisely when time comes😊. I would have given him my Mazda hoopty💕💕
@wkdravenna
@wkdravenna 5 жыл бұрын
It's so weird I bought a Mitsubishi Galant V6 for $1,800 it had tree damage as in a tree dented the roof and couldn't open the sun roof. Man I drove that thing for 3 years all over from Midwest to NYC to the Carolinas and back. I was truly sad when I had to finally decide to let it go. I put 200k of my own miles on it. Had only minor normal issues. It was my favorite car just due to the price.
@coolhandsouk1574
@coolhandsouk1574 5 жыл бұрын
I’m very happy with my purchase of a 2003 Mazda 6 a couple of years ago. It now has 115k miles. Yes. I put some money into it from my emergency fund. But that’s done and I have no car payments.
@einzgeisha
@einzgeisha 4 жыл бұрын
this was a great listen for me! the kid and then compared to my husband up in his 40s...with severe debt, no jobs, and huge huge huge wants his whole life...bringing us nowhere.
@jeffjackson9679
@jeffjackson9679 4 жыл бұрын
Sounds like you need a divorce like yesterday.
@delicatessen5670
@delicatessen5670 4 жыл бұрын
"That depends. Does it run on beans and rice?"
@joelyebb1299
@joelyebb1299 4 жыл бұрын
You’d be surprised how many nice cars you can find for 3000 if you just look
@roxannescott6956
@roxannescott6956 4 жыл бұрын
Really what state because not in NYC state
@davem4193
@davem4193 4 жыл бұрын
So true. I bought an 05 Grand Marquis with 45K miles for $4000 from an older woman. It now has 61K miles on it and I haven't had to do a single repair on it yet, just oil changes. It averages 26 mpg which is pretty good for a full size car with a V8. The woman even threw in a set of 4 snow tires that only had one season on them. I love not having car payments!
@coldpatch124
@coldpatch124 4 жыл бұрын
Yes this is true I have a eclipse 01 over 100k miles no problems what so ever.
@andreblackaller3560
@andreblackaller3560 4 жыл бұрын
Dave M Do you really get 26 mpg? Because if you do I’m getting one too.
@derekspiller
@derekspiller 4 жыл бұрын
roxanne scott I have found a ton of nice ones in the Buffalo area.
@greensnmachines
@greensnmachines 5 жыл бұрын
Dave's advice at the end is how I got my Crown Vic. A bit beat up, but the previous owner took great care of it. Plus it's fun to take photos of.
@mariamaneval2097
@mariamaneval2097 3 жыл бұрын
Great Advice 👍 just what I needed to here. I'm looking to sell my 2018 car to pay off my car loan definitely wanna get a perfectly good used car that'll allow me to just get to work and home. Love the ambition from him ☺️
@tealcoconut
@tealcoconut 5 жыл бұрын
Ohhhhhhhhh SNAP. Benjamin from Phoenix, I agree with Dave that you are very impressive. ...Marry me? Lol I graduated with a degree in Chemical Engineering last year - we could geek out over higher-order differential equations, laugh at how Kirchhoff's law is simply an energy in = energy out energy balance, and discuss those amusing (and often artistic) phase diagrams demonstrating the relationship between composition and temperature of materials from materials courses. Sighh yeah but in all seriousness, where was my Benjamin when I was in college?? 😂 Best wishes to this one!! He's already doing amazing things!!!! You GO, boy!!!
@wendymcbridemarinecorpscom8811
@wendymcbridemarinecorpscom8811 5 жыл бұрын
Oh, my Sweetie. I'm gonna pray God sends you someone wonderful to love and that loves you back even more!!❤🌷😍
@tealcoconut
@tealcoconut 5 жыл бұрын
@@wendymcbridemarinecorpscom8811 Wow, I wouldn't have guessed such sweetness still exists on the internet. ^__^ Thanks, Wendy. Should have known Dave's channel would have a different type of people than is normally found on KZfaq : )
@krogdog
@krogdog 5 жыл бұрын
As a fellow Grubhub driver, $2000/mo is doing a LOT of driving. This guy must work very long hours If he does this in conjunction with another job and a full-time course load.
@musclenpips_8486
@musclenpips_8486 3 жыл бұрын
You can make that working weekends bro of course depending on location
@krogdog
@krogdog 3 жыл бұрын
@@musclenpips_8486 $2000/mo only on weekends calculates to $250 each Saturday/Sunday which is $20/hr working 12 hrs each of those days year round. Idk about you but I would get burned out on that side hustle schedule very quickly 🤮🥵
@jaredt9231
@jaredt9231 5 жыл бұрын
Just bought a ‘99 accord coupe 90k miles for 2k am hoping for the best!
@HectorGallegosmusic
@HectorGallegosmusic 3 жыл бұрын
That ending!...hahahahhaha “unless he marries wrong.” Oooffff!
@garys.1415
@garys.1415 3 жыл бұрын
“Unless he marries poorly” 😂😂😂💀💀💀💀💀😂😂😂⬆️💀😘😘
@jacobking4106
@jacobking4106 5 жыл бұрын
Big quality jump in from 3 to 4 thousand. Look for low miles Toyotas. Simple as that. No chevy or ford cars and I'm a chevy guy
@ChachiTelevision1979
@ChachiTelevision1979 5 жыл бұрын
Nicely done.
@Alaska-bi2nm
@Alaska-bi2nm 4 жыл бұрын
Bought a 2000 dollar car. Worn down. In a little rough shape. I learned to fix it myself, in the end it costed with the purchase 3000 all together. Better vehicle than my coworker's 70.000 dollar truck. It started up after not being plugged in at 40 below. It has had 70.000 great miles put on it since I bought it, bringing it to a grand total of 200.000 miles. The thing still runs great. I love that machine and will probably run it down the AlCan next year. Oh, the best part is.... 40+ mpg.
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