Ramsey Solutions
Region: US
Monday 07 July 2025 13:30:00 GMT
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Haleigh Beth :
So what do you do if you have to buy a new car but you can’t afford to pay cash?
2025-07-07 18:33:18
3
mickcastellano_ :
Even if you have cash to pay for the car, It’s still depreciates in value. You are paying an expense for transportation.
2025-07-08 11:28:46
11
Pazzyonez86 :
Correct but how many people can pay $30-50k for car? While not wise you don’t really have other options
2025-07-31 20:14:00
0
DocHoliderp :
Unfortunately I live 15 miles from any town and drive 30 to work every day. I need a reliable newer vehicle.
2025-07-07 17:43:43
22
lauraslifeadventure :
Honestly bought my teen a brand new car in 23 paid off in one year. No worry about her being stranded in a broken down car, all the safety features, gets 53 mpg (hybrid) , and no problems to fix with it. Hoping if no accidents she can drive all through high school and college. It’s a Corolla and should last forever. And the value has hardly went down per KBB
2025-07-07 19:22:46
3
Mrs. Justice :
You need a reliable vehicle to get you back and forth to work without getting ripped off from these mechanics! I lease so I never have to worry about the stress of fixing a car
2025-07-07 19:53:33
12
louis_michel_bouchard :
get a use toyota pay it cash and drive it until it dead ...
2025-07-07 16:32:36
50
tboronfyet4 :
I treat my vehicle as a utility, not an asset. For me, leasing a vehicle and having it under warranty, makes that monthly payment a utility bill.
2025-07-07 19:45:04
14
ZeeBee :
saying that with a diamond ting in hand! hahahhahha
2025-07-19 23:00:59
0
Kate Halstrum :
i have an 1:30 hour drive 2-3 days a week because I can work from home 2 or 3 days a week alternating. I went and got a brand new honda civic with 40mpg and every warrantee I could add on. I will drive it until it explodes and will be doing the debt snowball to pay it and some other things off early.
2025-07-08 13:20:31
2
mark davis :
I own 4 vehicles 3 are paid for and I will have my 2024 porsche paid off in less than a year. a car is more than just transport to a lot of us. Dave R Has a raptor. I'll bet mine spends more time in 4wd than his.
2025-07-07 23:46:45
3
JB82 :
The fixation on car buying is such lazy financial advice. Sure, it’s a bad investment. But people really do know that. Just like people know that eating out is not good for saving money. Or using a credit card for a vacation you can’t afford. But these shows are shame plorn
2025-07-08 02:16:07
0
PoloTheCreater :
I have a $86K financed truck, and it’s only 5% of my monthly revenue….. not everyone is struggling to pay bills, while investing and saving.
2025-07-18 09:52:32
0
jim :
too many people confuse the term value as not having worth. The value of somthing is not based on money alone. if you drive 30 miles one way everyday for work and have peice of mind that your car will make it and the payment is comfortable, I think the value is quite high.
2025-07-10 14:10:25
0
Quabus :
A car is a tool. You wouldn’t tell someone not to buy a lathe just because it will depreciate. You have to look at the value it provides during its lifespan and determine if it is worth it.
2025-07-07 17:28:17
4
LCH :
This is why I got a Toyota 4R. It will last me through my retirement years
2025-07-28 04:00:02
0
Michelle :
some types of advice is just not good. People have to have reliable cars.!!! I’m not talking fancy reliable not some 20 year-old car that breaking down all the time and nobody that hardly anybody I know can pay cash for a car.
2025-07-08 12:07:30
5
DG :
so my car is 7 years 0% interest financing.... something wrong with that? lol
2025-07-07 15:48:12
0
Cbags :
the average person does not have the money to buy a car up front
2025-07-21 11:46:31
0
Stellab92674 :
I disagree. Cars have very cheap interest rates. Leave you cash in the stock market and borrow money for the car.
2025-07-08 03:29:19
0
Monica DeRose175 :
Not necessarily. If you buy a Toyota, your set. Had our 2010 for 12 years, paid it off in 4 years 6 months. Made money with that truck. What do you drive, Rachel?
2025-07-08 02:50:12
0
mickcastellano_ :
It should not be called an asset. You are paying for transportation, which is a requirement for work, life, family, etc..
2025-07-08 11:27:58
0
Duck🇺🇸🇮🇱 :
Life is short, enjoy the little things
2025-07-08 03:44:34
0
user148163264128256 :
a car is not a "property" asset but an "equipment" asset since you use it for a job and in that sense it doesnt "lose value" but it depreciates in value as you use it. now if its worth buying an expensive or a cheaper one since both perform 95% the same job, depends on what you are willing to forego in order to buy the expensive one and thats your opportunity cost
2025-07-08 07:06:59
0
Brian :
they should be advocating for robust public transit since they are so against buying cars
2025-07-07 20:33:35
10
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