$143,000 In Car Debt! I Have A Car Addiction.
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- Опубликовано: 14 июл 2019
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143k and none of the cars are even cool...
Slingsomelead, The CVT in the Altima is gonna fail soon. 😂
@@issuesexplained681 former Nissan owner. I second this.
I was expecting some exotics.. bummer.
@@stormichigura Third this!
@@issuesexplained681 a cvt in a Toyota is better ....
Expecting a 100k+ exotic car and its
15k Camper
20k Tundra
32k Silverado
30k Altima
25k Grand caravan
21k Trailer
😂😂😂😂😂😂😂
Same
$30k for an Altima? That's insane. Those cars are garbage. You see them in rental fleets 😂
@@andyleo8418 Hey now. The Maxima is an amazing car. The rest of the lineup is complete garbage but they nailed the Maxima.
@@andyleo8418 , that's a mid-range Altima.
I think he is actually a car dealer candidate
Doesn’t sound like a car collection. Sounds like the parking lot of a local enterprise rent a car
Pizdets lol
Lol.. sounds more like the parking lot of a Walmart.
@@JJs_playground exactly lol
Man savage 😆
@@hg2blackcat411 Мудило
Realtor is going to talk him into buying a backup house also.
😂😂
Funny thing is people actually do that! “Summer home”
😂❄blooded
Gold 😂
One for each member of the family.
That was the most disappointing six-figure car "collection" I've ever heard of!
Me: "camper, cool. Tundra, not bad. Silverado, another truck, kinda weird but okay. Altima, uhhh getting worse. Caravan.... what? That's it? Where's the Porsche and GT-R?"
Agreed 😂
I KNOWWW!!!!!! I was like at least buy something cool
Yea...kinda crazy. I had a new Porsche and a new Jeep with less debt than this dude had.
The type of guy who reasons buying 2 new cars just in case one breaks lol
The dealer must love him
What’s hilarious is he buys a reliable truck for his backup. 😂
That method works wonders when your daily driver is an $800 car. Buy two at that price. Then you can't make excuses about needing it to be reliable. Keep them both running. If one fails to start one morning, grab the keys to the other one. After work, fix the broken one (or drop it off at a shop). The trick is setting your thresholds for repair expenses. If it breaks the threshold, it's time to get rid of it and get another hooptie.
lol Right! My backup plan is Uber if my car breaks, it should only costs about 10 bucks a ride until I get my car fixed...
Billy Bat my back up car is a 99 Honda pay for just like my 2016 crv 🤣 if I can’t pay cash for it I can’t afford it.
If your work truck dies, Menards has them by the hour. Until you can buy a new one
"Help Dave, I"m addicted to collecting mediocre cars!"
"and what's your household income?"
$30k on a Altima?🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️
A 2020 Fully loaded Altima 2.5 platinum is $29k down to poverty spec for $22k These dealerships love this guy!
G K this is the single mother car
@@MrBigGStyle With all due respect, it's probably a 3.5 or a 2.0 VCT :D
@@MrBigGStyle An Altima is a poverty car no matter how it is spec'd out
@@chrisatwood9715 lol single mother car
SELL THE CARS! Why do two people need 5 cars?!? 😟
Vanessa's World I was gonna say the same thing. You can only drive one at a time 🤦🏼♂️. I only have ONE car and it’s paid for.
Mike Nelson Exactly. He makes enough money to have two cars that are both paid off. If he doesn’t like his other cars it doesn’t make sense to keep them.
Vanessa's World right?? I mean, who the heck is he trying to impress? It’s like with smartphones: a new phone comes out every year. Does anyone really care about someone LEASING, not own, the latest $1500 smart phone? 🤷🏼♂️. 9/10, probably not.
I have 4 paid for vehicles and I drive all of them weekly. Just saying, therefore I enjoy life. I don't take a vacation, I build my rigs.
Vanessa's World Five here, a little diversity is always good.
Maybe if you start selling the vehicles it would help?? 🤔
No that makes too much sense
Nah, you think? 🤔
Ya think?
lol I was thinking the same thing
oil field workers aren't the brightest bunch
Good lord! A coke addiction may have been cheaper.
Arie Fraiser drugs are bad, mkay?
Arie Fraiser HA!HA!
😂😂
Lol he def would have had more fun on the coke at least.
🤣🤣🤣🤣🤣hahahahaha
Was expecting a BMW or Porsche none cool at all. Going to be a pain selling them with outstanding loans but has to be done.
Exactly what I was going to say. Almost $200k in the hole for a bunch of lame vehicles.
Right! You took the thoughts right out my head like i just knew he was going to say a land rover or a freakin Masarati . Om gosh a back up truck for a primary truck with a loan.... madness plain and simple , but he knows it. Sell em all or 3 of the 5.
I just knew he had 3 race cars 😂😂
For 143k in cars if I wanted to play that game Id have a Supra TT, Lexus ISF and BMW X5. Much more impressive use of 143k in debt haha
If you're going to drop almost $150k on vehicles at least get a nice car! a mini-van,altima,silverado and a tundra?
If your gonna spend that much money on cars, buy a demon or something.
Right. this is a weird collection of mid-grade cars that do not hold their value.
@@ncmiataenjoyer Exactly!! have an OK work truck, a weekend cruiser(like a demon) and wife can haul the kids around in the mini-van.
@@bbbnnnddd that doesnt make em cool. Over priced is what they are
Goofies
That's over $2,300 a month in car payments! I hated when mine was $350!!
phantumgrey that's not including the car insurance..
@@NYVonix115 Yeah I was specifically just talking about the car note.
phantumgrey i got you bro
I thought my 490 was excessive!
@@NYVonix115 Facts, the insurance aspect is hardly ever brought up on this show. Ontop of that there’s registration fees, oil changes, and other problems that arise with vehicles
These oilfield guys are all INSANE with their money.
Absolutely right,you should see the 100k lifted trucks they drive here in Texas..no financial since at all
Norvin matt you have no grammar since either
Not all of us are... the other 99%, yeah.
It is sad. But it is a culture. They could save and invest working for five years and put together close to a half a million easy.
Alex Finn they probably are living in the moment and are not thinking about their future .
Wow, five cars, three kids, a restaurant??? Just hearing this makes it hard for me to breath.
Well if the restaurant makes money, it's not really a problem.
@@Arcwol true, it’s a volatile industry though.
@@ArcwolYeah that's a BIG if. Most fail within the first 2 years.
Well, at least he can recover from this pretty quickly. Having a good salary makes recovering from dumb mistakes a lot easier.
It's a mindset. Folks use this income to justify awful spending habits. If this couple doesn't change their mindset, they will forever pay a car payment, no matter the income.
True, that’s why although saving and making money is important, making money is much more important.
Not when you didn't save for a downturn. Which happens 100% in the oil field...0
@@naddarr1 You might be right
Dew Time like now in 2020...during Covid
He buys a Toyota as back up for a Chevy. Makes sense
$180k a year?? DUDE!! Get rid of those cars and start saving--you could be retired in 10 years!!!
i bet the work hes doing is back breaking, so for his own sake hed want to be retired (or at least have the option) in 10 years
@@justinc2633 Tough job pumping oil. Hope he’s not living in California with a high cost of living and oil can be feast or famine based on what happens
Retired in 10yrs? Not with 3 kids. Lol
I got a nissan altima for 8k salvage with 17k miles
Now it has 70k miles and only thing i did was new tires and brake pads
30k is a crime
I saw the title of the video and thought these were nice cars, but only regular cars, thats so weird.
Me too. I was expecting a few sports cars but nope!
The Chevy is to pull the trailer. He needs the trailer to live in while at work. Have you seen the 2019 tundra? One passed me the other day. It is a big truck. The wife probably liked the altama. And the caravan is a nice modest family mover.
@@lazykranch3205Lol. It's all bullshit. Stop justifying all his irresponsible purchases.
Another guy who would be fine with $12,000 used truck.
These guys who drive pick up trucks don’t even use them to actually carry stuff either lol, just want the biggest loudest truck on the road to feel mighty
I have a 1986 Toyota pickup that has 126k miles on it and it STILL runs great!!
Purchased my used truck in cash ($8,000), thus far only major repair was for a $500 new radiator+install. Brakes, spark plugs, coil packs and oil changes I do my self. Recently test drove a newer F150 5.0, it was beautiful but they wanted 45k for it 😱. I'll stick to my 12yr old truck for now.
$12,000? Try $1,200.
With 12k you can it a used f250 and I mean a good one.
This guy needs to watch Scotty Kilmer.
Scotty would give him points for having a Tundra.
Scotty would tell him to get rid of the Chevy!
94' Celtica all dayyy
I was looking for such a comment here ahha!
You are willing to go $100+k in car debt and you buy a Tundra, Silverado, Altima and a friggin Caravan 😂. Man IF I were gonna do that there’s going to be a LOT cooler rides in my garage.
I was at least expecting a hog in the mix.
If he talks to any of his dealer "friends " he'll just end up buying another couple of vehicles.
Sunk 172k in depreciating assets. Smart.
That explained why he's an oil worker. Just imagine if he invest his money in Roth IRA , or invest in real estate ... What a waste of 180k. Not only that , the job isn't guarantee to be there forever.
😂
Liabilities, not assets.
The income of wealthy people but the mindset of poor people.
From the Title, I thought Tyler Hoover was going to be the one to call in.
The Marlboro Man 😂😂😂😂
Most people wouldn't even know who you are talking about! 😂 So far just two of us
😂😂😂
He went back to the dealer and got himself a Cadillac Escalade 2020.
Car Addiction 😍
El Aguila back up for the wife 😂
I can’t believe the banks allows someone to take out this amount of car loans at once. Truly shows bank just want interest out of us and don’t care if it’s truly unrealistic to pay for
These oil
Workers with tons of vehicle debt. What a cliche.
patty109109 is it really? I never heard of that before but I guess there’s something like that in every field.
I've heard of it
Best
@@user-cv3gd2wr5q big cliche here in Texas lol. This guy seems like he's coming to terms that his family is getting bigger, and wants to cut the stress a bit. Most oilfield guys want to cut the truck payments when their paychecks take a hit when oil prices plummet lol
I work at a mine. Lot of folks out here living with unreasonably low rent and regular bonuses buying too many, too expensive toys with motors that pile up in front of the house. Eternal payments and nothing saved for retirement. It's a mindset. 2008 is gonna happen again and it'll hurt big time.
Here in 2020...it's happened.
WHY did he purchase THIS many cars? I'm sitting here taking 2 months to decide on a $15K BMW that I can pay 8 grand down on... and this guy is out here purchasing 30K Altimas.
@Musa I of Mali ...Heck im here debating on a $180/month payment for a 4 year old civic. Finally decided to hang on to my 10 year old accord. By the way make sure you by a warranty for that used BMW if you make the move.
Don’t buy a bmw plain and simple
That bmw is a horrible idea unless u can get a full extended warranty on it
@@Kelly101Girl Or learn to fix it yourself. Labor on those things is insane, but relatively reliable and inexpensive if you get a simple one.
How much are you paying for the insurance... you can only drive 1 car at a time!
Yep, insurance and tags must be thru the roof!
could live in one of those states where insurance isnt required.
richard vuong ya, was wondering the same, how much the insurance will end up be like? Five almost brand new cars? that’s extra 20K+ a year for nothing.
Probably like 400-750 a month for full coverage at most. So easily $5k a year. About $80 per vehicle in Texas for inspection & tags per year. So $320-400. $400 if the camper inspection & tags also amount to $80. Not too sure about that one.
You get a decent multiple car discount, but it's still a huge waste of money.
I'm convinced I'm in that 1% in the oilfield who actually saves money.
Do most blow the windfall on non-assets because the work is so backbreaking that delayed gratification via saving isn't possible ("appealing")?
Scuba Steve, the kid makes too much money for his age. So no surprise.
@@rathelmmc3194 how old was he?
@@scubasteve9566 25 I think he said. I'm willing to bet that if you did an income distribution by age bracket he'd be in the top 1% for 18 to 29.
Does working in the oil fields really pay that much
If you're in the hole $30k on an Altima, that story can only start out as "Well, it was late one night, and we had been drinking..." I kid, but dang that's a lot of car debt!
I thought they guy would say "yea I have a porsche", instead he goes.. yea I have 2 trucks, 1 van, a nissan altima.. lol
J Chen almost 30,000 each
00:53 "I'm a pumper in the oil field" - 4/20/20 How's that job paying now that they are giving gas away? Hope you sold the cars.
Sounds like the first thing they did when they found out they were pregnant with their 3rd child, was to get a van. They couldn’t even wait 6 months? Definite car addiction. They look for any reason to buy another vehicle. It sounds like he really woke up and realized is problem though, so he’ll be okay.
I have three kids in car seats and they all fit in our 4 door Toyota Corolla. Now that is a bit extreme, and we're only doing it because my Pilot is in the shop, but it works and it's doable.
People! You don't need a new minivan just because you're reproducing! Most of the time you can get by with the cars you have for alot longer than you think. My previous car was a $1700 Ford Expedition that I paid cash for that lasted me 4 years, all three kids, and 280k miles.
He needs to buy a Tesla (backup in case he runs out of gas) and drive it to the oil drilling site😈
Underrated comment.
Dave would be shocked to see all of those Raptors and F-350 Platinum and King Ranch trucks on those locations.
Wow, $ I'm 65,000 in the hole with student loans. My biggest mistake was borrowing money for school. My class A CDL has been much more valuable than all 3 of my useless college degrees combined. I don't even hang them on the wall anymore. I just leave them in a box in the closet somewhere.
3 degrees? How'd you pick 'stupid' that many times.
@@colorblindkid720 its simple. Got AS then BASthe took 2 classes and got and AA since credits counts towards other degrees
Head down
I'm 24 me and my girlfriend have 4 cars
I have 2 old vws I repair my self both worth about 6k together and I waste money modifying the vehicles
She has a 2017 honda civic worth 15k and a vw beetle we bought for 500 dollars
We love our cars and you dont have to spend an extraordinary amount of money to enjoy your vehicles
I have a few friends like this. The solution that worked for one of them was to sell ALL BUT ONE vehicle. Do all the upgrades ALL AT ONCE. Then never spend any money on it again. If you make upgrades progressively there will always be something *next* . If you do it all at once you will have to be satisfied with your decision.
Yes
25 and an oil pumper. I guess no degree needed. Earning $170k my god.
Do you still do massages?
keep in mind the 170k he stated was the combined income. They own a restaurant that his wife works at. Could be the bulk of the income is coming from the restaurant.
In case the Silverado goes down? Keep the Tundra! Get rid of everything else. It will outlast all those other vehicles he has.
He’s got cars for each person in his household lol! I was afraid Dave was going to tell him to sell them and get 5 busted cars for $1000.
Everytime I get tempted to get out of my car and into a new one, I watch these videos. Ramsay keeps me humbled!
All that debt just on boring "people movers"
A dodge van, a Nissan Altima, two trucks ect. Boring.....
Not even one motorcycle, or muscle car.
I know, that's what I was expecting.
I thought he had a Tesla, Ferrari, Lamborghini or something lol.
cookie cutters.
I was pretty disappointed
The only logic here was covering the inevitable breakdown of the Chevy with the purchase of a Toyota 👍🏻👍🏻👍🏻
Id love yo hear how that whole returning the Toyota thing went. Unless the store specifically offers it. It's no such law
Dang. If I’m going 170k in auto debt I’ve got a demon, ZL1, gt350 and a f350.
170k im getting a c8 corvette, a-class mercedes, and a raptor. if i buy everything used i can even throw a hellcat in there
"Backup truck". . . has this guy never heard of a car rental company?
You have a DEBT addiction!
lol, yes! So does most of America.
Venture B. Ya, I was gonna say the same thing. It’s not just him; it’s most of America
I bursted out laughing right after reading the title
🤣🤣🤣🤣😂😅😅🤣🤣🤣🤣🐎🐎🐎🐎🐎🤣🤣🐎🤣🐎🤣🐎🤣🤣😅what a loser
Why does this guy have 2 full sized trucks 😂😂
Texas
These oil field guys love showing their money but as soon as it dries up or there’s no work they’re first in line to complain
143k in car debt? Didn't know that was possible lol
I thought he was gonna list like a built supra, Cobra, or STI. He just listed a bunch of lame normal cars lol
This dude buys cars the way most people buy shoes.
Everyone loves Good cars. But you can bought a house from that.
But they're not even good
@@neleven4154 right. If he had ONE Mercedes G wagon, I could understand it a bit better. But he has 5 or 6 midgrade cars that he went into debt to get. It is bizarre.
@@ocky88 lol, there's a girl that has a G Wagon in my town. Just a fancy Jeep. Not worth it lol
Man I'm in the oilfield business, making less then HIM and I have MORE cars/trucks than him. All my owned and the house. You gotta be smart about your money, I invest my money too.
keep in mind the 182k he stated was the combined income. They own a restaurant that his wife works at. Could be where the bulk of the 182k is coming from.
143k on cars not called mustang, GT-R, Bmw or anything fast and nice.... what a fool, trash Altima 😂😂, a pick up truck 😂😂.
The point is if you gonna get that much debt, at least drive something nice and fast, to somewhat justify the debt. Nothing he name is worth being in debt over 143k
SoHo Don facts i agree. Like drive a benz or sum not those trash
Renold Birbal benz is trash tho lol, drops on half the value after 2 yrs
A 30k dollar Altima ? Doesn’t make sense maybe the maxima
rawwducky69 your right about that but still a nice car. I was thinkin of pickin up a 2015 cclass for 10-12k. And put 5k dowm. The other 6k finance but for 3 years and if i wanted to i could pay it all off within 1 year. What ya think?
Anyone else thought he bought exotic/luxury cars?
🙋♀️🙋♀️🙋♀️🤦♀️🤦♀️
Only Jay Leno can have that many cars . because he's rich!
Tracy Simmons Also Floyd Mayweather
And Seinfeld
And Kylie Jenner lol
And Bill Gate
Or anyone with a few million dollars net worth..but why!?
Matthew: I got a back up truck in case one breaks down
public transport: hold my drink
Have you been the middle of the us? Public transport is nonexistent.
Ahh ma heard this one on the podcast yesterday. I can’t imagine tearing up a truck so bad you had to buy another car just to have it on the ready. 🤔.
I had a car addition but I only had one at a time. I would have never imagined buying more than one just for myself. Now my favorite car is one that is paid for. Can't wait to save up and get a sports car again.
I have 3 vehicles,
a Toyota Tacoma that I paid $100 for that ran and drove, I have about 1400 total invested in it,
A Jeep Wrangler that is paid off,
And a Harley that I am close to paying off...this dude crazy
Silverado 32k remaining
Altima 30k remaining
That is a LOT of money for the quality of vehicles he is hoarding. Is his credit bad? He is not putting any money down? Does he have 7 year loan terms? This isn't adding up.
Bare minimum you’re gonna spend on a new Silverado LT is gonna be around 40k
@@keyboardoperator802 that is hilarious.
Silverados are 30k-100k they got some super luxury trucks nowadays
@@keyboardoperator802 Yeh and Altima's are trash. Well Nissan in general is trash lol
I got 125cc motorcycle and when she goes down i go walking.
This guy makes $180000 a year... He would NEVER have to borrow money to pay for a car!!
Sounds like me when I was 25, lol. Cars, and campers, and four wheelers. Don't worry my friend, just sell all the nice-to-haves, pay the rest down hard, and you'll be fine. Especially being a pumper, you make plenty to get this debt knocked out.
Like this guy, some of us have to learn the hard way.
Wow my debt seems small compared to his. I couldn't sleep at night with that much on my shoulders.
Nissan Altima ? Come on bro.
I got a paid Prius ! i love trucks but they are about 70k I’ll skip for now !
Patience, patience, patience. We waited for a good deal on a side-by-side. Pay higher now, or wait till later.
Dave doesn't even need to decipher this it's simple get rid of the cars
You need a backup truck for a Silverado you still have a loan on? LOL.
I have a 2002 Mustang GT, paid in full.
2002 Ford Explorer, paid in full.
Both cars have the same engine, 4.6l V8.
I spend a lot of time at the gas station but I love it!
5 cars here between my dad and I. 2 are mine, 3 are his.
'05 Tahoe: my daily
'05 Escalade: road trip/highway use/backup vehicle
'99 F250: dad's side work/towing truck
'03 Mercury Mountaineer: his errand/grocery getter/backup vehicle for his wife (2-3x better on gas than the f250)
'03 Escalade: his wife drives it
Having a backup vehicle to your daily is well worth the extra $30-50 in insurance, and maintenance once in a while. It's like having an emergency fund, but as a vehicle. Take your time fixing the daily. You can wait til pay day, or not worry about finding a ride if the car has to sit torn apart for a couple days while you fix it between your shifts at work.
I need to work in the oil field business
This is worse than student loan debt.. AND THAT’S SAYING SOMETHING
well hes getting an expensive education now
Imagine owing piles of money on the most boring vehicles. Makes it more pathetic
Pretty sad reliability that when you buy a Chevy and you have to buy a spare for when it breaks down. Better to sell the Chevy and keep the Tundra.
1.) Sell the car 2.) Rice and beans 3.) Next!
Samuel Carter alright he’s not that poor come on 😂
That's just the Dave standard answer. Works every time!
@ Samuel 😂 😂 😂
My ex had a $66k truck and came up to me one day and said “BY THE WAY, I ordered a corvette”. By the way you ordered a 100k toy?? 😳🤣 and we’re both nurses lol I nearly fell of my chair.
So glad you started your story with "My ex...".
My boyfriend is about to start working offshore and I’m constantly warning him about overspending like this!!! Thank goodness he knows better!
Better save for the next downturn. Its gonna be extremely painful
Josh
I agree. It’s best to play it safe.
He’s an electrician. If that happens, they’ll have the option to work on industrial plants on land.
@@gigi8528 your best bet is municipal, county and city work. As a journeyman, work flows steady.
Josh
True! That’s always an option as well.
He works in the oil field - therefore he doesn’t have a “household income”. The oil field is not a secure career. He’ll get let go next month as soon as Iran says something stupid and oil prices go up.
TWDxKILL3R oil prices go up its good for oil field work, you have no clue what your talking about
I thought Tyler Hoover from Hoovie's Garage was on the phone
He doesn’t make 180k a year pumping. They don’t make anything close to that even with tons of overtime
keep in mind the 180k he stated was the combined income. They own a restaurant that his wife works at. Restaurant could be where the bulk of the money is coming from and it could be her families restaurant.
Jaw dropped so far I lost track of it when he said he had a “backup” pickup
Right. Only in first world do such things happen ...
If your truck breaks down you rent one. I was writing and Dave started saying that. 😂
I was expecting him to said a Porsche or Mclaren
I love this stuff , makes me not feel so stupid,,,, lol 😂
I was so happy to see the title. I wanted to hear about the life of someone building a drag car. Tracking a gt3rs. Dailying a r8 or gtr :/
Uncle Dave was nice to this guy
Wow, he probably could've bought a house for that amount 😮
lol. very entertaining stuff. what a kook. time for a fire sale 🔥
Im convinced people want Dave to give them a plan out of these situations that includes still keeping the vehicles.
I knew as soon as he started talking he was in the oil industry :D He's probably making nothing this year. I haven't seen any pumpers at the wells near me in months. Prices are way down.