Car mistakes are tough lessons to learn. If you owe more than your vehicle is worth, get out and get out FAST. 🚗💨 | Dave Ramsey
6:20
Car mistakes are tough lessons to learn. If you owe more than your vehicle is worth, get out and get out FAST. 🚗💨 | Dave Ramsey
171.8K viewsFeb 11, 2018
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The best car for you is always the car you can afford to pay cash for. | Dave Ramsey
0:32
The best car for you is always the car you can afford to pay cash for. | Dave Ramsey
1.1M viewsJun 6, 2024
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Your awesome new car loses about 25% of its value the moment you drive it off the lot... | Dave Ramsey
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Your awesome new car loses about 25% of its value the moment you drive it off the lot... | Dave Ramsey
294K viewsSep 9, 2018
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You can almost never justify selling a paid-for car just because it needs work. A $1,000 repair on a car that’s already dropped in value beats the massive hit you’ll take on a “new-to-you” car every single time. The truth? The cheapest car to drive is the one you already own. Keep it running, keep your money, and stop letting depreciation eat your paycheck. | Dave Ramsey
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You can almost never justify selling a paid-for car just because it needs work. A $1,000 repair on a car that’s already dropped in value beats the massive hit you’ll take on a “new-to-you” car every single time. The truth? The cheapest car to drive is the one you already own. Keep it running, keep your money, and stop letting depreciation eat your paycheck. | Dave Ramsey
697.3K views5 months ago
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A car is not an investment. It goes down in value.Sure, there are rare, classic cars that some very wealthy people collect… but that’s extremely rare and uncommon for the average person… just like how used car prices went up over the last couple years — that was an anomaly due to supply chain issues, and it won’t last. If you want to be financially stable, a good rule of thumb is to not let the combined value of anything you own with a motor in it be more than 50% of the amount of your annual in
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A car is not an investment. It goes down in value.Sure, there are rare, classic cars that some very wealthy people collect… but that’s extremely rare and uncommon for the average person… just like how used car prices went up over the last couple years — that was an anomaly due to supply chain issues, and it won’t last. If you want to be financially stable, a good rule of thumb is to not let the combined value of anything you own with a motor in it be more than 50% of the amount of your annual in
305.5K viewsDec 2, 2022
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The average car payment is now $749. Invest that instead from age 30 to 70 and you could have over $8 million. | Dave Ramsey
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The average car payment is now $749. Invest that instead from age 30 to 70 and you could have over $8 million. | Dave Ramsey
1M views7 months ago
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Dave Ramsey on Leasing a Vehicle: Leasing vs. Buying Wisely
Dave Ramsey on Leasing a Vehicle: Leasing vs. Buying Wisely
Feb 28, 2025
cgaa.org
0:11
That $72,000 BMW isn’t just costing you a car payment. It’s costing you your future. Or let's say you bought a new car that's more "reasonable." A new $28,000 car will lose about $17,000 in value in just four years. That’s almost $100 a week flying out the window. And you financed it? Now you’re upside down and stuck. Let me break it down: Open your car window on the way to work once a week and toss out a $100 bill. That’s what driving a new car really costs you. So no, even 0% interest isn’t a
2.1M viewsApr 4, 2025
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Many people spend a LOT of money to impress people with their car at a stoplight. And meanwhile, their new car is losing 60–70% of its value in the first four years that they drive it. So they turn $50,000 into $15,000 and then scratch their head and wonder why they can’t get ahead financially. What if all your investments lost 70% every four years? Everyone knows that’s a formula for not getting rich. Now, if you’ve got enough money that you can afford to throw $35,000 away and it not matter, t
169.3K viewsOct 8, 2024
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Cars, trucks, RVs, boats, and everything that has motors and wheels go down in value. NEVER finance them, because they go down in value and you get stuck in them. Don’t let debt trap you in something that’s losing value every day. Save up, pay cash, and own it outright. That’s how you stay in control of your money and build wealth the right way. | Dave Ramsey
391.3K views7 months ago
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Dave Ramsey on Instagram: "Today I drive very nice, very expensive cars, but it wasn’t always that way. After going broke, I drove a borrowed 400,000-mile Cadillac with a vinyl roof torn loose so that it filled up with air like a parachute. The predominant color on this car was Bondo. I drove the Bondo buggy for what felt like ten years during one three-month period. This was not fun, but I knew that if I would live like no one else, later I could live and give like no one else. Today I am convi
803.2K viewsFeb 23, 2023
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Dave Ramsey Has an Easy Equation to Figure Out How Much Car You Can Afford
Feb 6, 2021
motorbiscuit.com
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