Should I Buy A $3,000 Car?

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  • Опубликовано: 5 мар 2019
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Комментарии • 1,3 тыс.

  • @halvey8518
    @halvey8518 5 лет назад +3285

    2 jobs? Junior in Mechanical Engineering? Completely debt free? This guy's current situation is as rare as it comes.

    • @halvey8518
      @halvey8518 5 лет назад +160

      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 лет назад +35

      @@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 лет назад +30

      I am in mechanical engineering, I'm also a junior. And i work on my car pretty much exclusively.

    • @jpain97_
      @jpain97_ 5 лет назад +52

      How do you guys have time for homework?

    • @ryandono5721
      @ryandono5721 5 лет назад +26

      @@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 лет назад +2955

    "I was thinking Toyota"
    This guy listens to Scotty Kilmer

  • @guitarjag1
    @guitarjag1 5 лет назад +796

    I'm almost 47 and that kid puts me to shame. Great job, man, keep it up!

    • @animusanima3094
      @animusanima3094 4 года назад +17

      Never to late to become better than yesterday self

    • @davematt7
      @davematt7 4 года назад +1

      Same here, lol

    • @sdlock83
      @sdlock83 4 года назад +2

      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 года назад

      @@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 года назад +1

      @@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.

  • @InvestingHustler
    @InvestingHustler 5 лет назад +1205

    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 лет назад +44

      Investing Hustler best advice ever I’ve been burned badly never again

    • @pao8110
      @pao8110 5 лет назад +2

      SURE WILL

    • @thisisnotok2100
      @thisisnotok2100 5 лет назад +73

      You're right, but thats still cheaper than depreciation

    • @EveryStudent
      @EveryStudent 5 лет назад

      Peeeerrrrrrfect.

    • @smithersrob
      @smithersrob 5 лет назад +152

      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.

  • @majestix1230
    @majestix1230 5 лет назад +1149

    Where's scotty Kilmer😂😂

    • @matthewholz
      @matthewholz 5 лет назад +122

      Probably yelling while reving up his engine!!

    • @majestix1230
      @majestix1230 5 лет назад +1

      @@matthewholz 😆

    • @Komputar
      @Komputar 5 лет назад +40

      Doing an ad for Toyota but pretending it's his RUclips video.

    • @timbrewer1930
      @timbrewer1930 5 лет назад +2

      @@matthewholz y'all are a mess lol

    • @villyramos3114
      @villyramos3114 5 лет назад +11

      Rev up your reliable affordable engines!!!

  • @edgarjaimes1634
    @edgarjaimes1634 4 года назад +164

    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 года назад +8

      what year is it?

    • @rasheemthebestfirstone3274
      @rasheemthebestfirstone3274 Год назад +1

      What year is it

    • @trentc1098
      @trentc1098 Год назад +3

      cool you went from a safer car to a less safer car to save money! structurally they are very poor tin cans

    • @dman1069
      @dman1069 Год назад +4

      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 Год назад

      @@rasheemthebestfirstone3274 2006, I sold it to my sister this year and upgraded to a 2008 Lexus.

  • @jasonhowell8
    @jasonhowell8 5 лет назад +1364

    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 лет назад +117

      Your not that old. It's good you woke up in your 30s then in your 40s or 50s

    • @jasonhowell8
      @jasonhowell8 5 лет назад +78

      @@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 лет назад +19

      Me too, I went all in at the start of my 30s

    • @jasonhowell8
      @jasonhowell8 5 лет назад +17

      @@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 лет назад +1

      I am 40.Its too late anyway ;-)

  • @TheSuganthM
    @TheSuganthM 5 лет назад +2007

    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 лет назад +280

      I thought that was his job?

    • @notroll1279
      @notroll1279 4 года назад +159

      What do you suggest: putting up a sign "Only Wealthy Clients' Financial Worries Welcome"?

    • @paulinekirkwood3423
      @paulinekirkwood3423 4 года назад +105

      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 года назад +46

      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 года назад +50

      i think he gets excited hearing about young men like him making the right decisions

  • @lovefromdrey
    @lovefromdrey 5 лет назад +469

    This guy sounds so smart and head strong.

    • @ShadaeMastersAstrology
      @ShadaeMastersAstrology 5 лет назад +4

      LoveFromDrey Yeah girl he definitely has it going on!

    • @jasperstojanovski5824
      @jasperstojanovski5824 5 лет назад +1

      He has a lot of experience in this field.

    • @neilparmar5705
      @neilparmar5705 4 года назад +6

      I wish I was that smart when I was his age

    • @bertnl530
      @bertnl530 4 года назад +1

      @@jasperstojanovski5824 Perhaps he witnessed others. Learn of other peoples mistakes.

    • @macneoh7418
      @macneoh7418 4 года назад +2

      He sounds like a poorly programmed robot.

  • @setevcorker9104
    @setevcorker9104 5 лет назад +362

    8:32 "Unless he marries poorly." ---This is everything...

    • @BriLoveMusic
      @BriLoveMusic 4 года назад +40

      You only marry poorly if you date poorly. Standards are nice to have. 🙄

    • @VGAppSolutions
      @VGAppSolutions 4 года назад +19

      @@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 года назад +1

      Maaaan!

    • @Mudoh415
      @Mudoh415 4 года назад +14

      Bri Love Having standards can still get you caught up. You generally don’t date the person, but instead their representative.

    • @MGTOWUNIVERSE
      @MGTOWUNIVERSE 4 года назад +11

      @@Mudoh415 exactly, especially women that know you can upgrade their lives, best not to get married at all.

  • @RK831
    @RK831 5 лет назад +217

    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 года назад +9

      "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 лет назад +224

    Young mans got hustle. Hes gonna do very well.

    • @HHHPedigrees
      @HHHPedigrees 3 года назад +1

      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.

  • @Bee-uy2cn
    @Bee-uy2cn 4 года назад +52

    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 Год назад

      😂😂😂😂

    • @iamkyleclimer
      @iamkyleclimer 7 месяцев назад

      How much should save up for my first? I got $800 so far…

  • @dodgeplow
    @dodgeplow 4 года назад +276

    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 года назад +1

      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.

  • @bluesky5384
    @bluesky5384 3 года назад +36

    I didn't think it would be so satisfying to see someone decently financially responsible call in lol.

  • @billgateskilledmyuncle23
    @billgateskilledmyuncle23 4 года назад +84

    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 года назад +4

      How will he flex on you if he didn't call😄

    • @2s_company_
      @2s_company_ 3 года назад +2

      Everyone needs a little validation, sometimes.

  • @CaptainCocaine
    @CaptainCocaine 5 лет назад +274

    Makes $2k/mo making deliveries
    Wants to know if replacing an unreliable shitbox for around $3k is a good idea
    BRUH

    • @PosterizingArtist27
      @PosterizingArtist27 5 лет назад

      Sadpants McGee 😂😂😂😂

    • @americanpatriot8426
      @americanpatriot8426 4 года назад +3

      He isn’t too smart

    • @ajk9420
      @ajk9420 4 года назад +63

      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 года назад +2

      Especially if you can sell the current car you have.

    • @monaestewart4591
      @monaestewart4591 4 года назад

      ha

  • @23ofSeptember
    @23ofSeptember 5 лет назад +297

    Better to drive a $3000 car, than a $40k car just because you get a "stipend".

    • @704ab
      @704ab 4 года назад +9

      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 года назад

      Except insurance on older cars is higher

    • @704ab
      @704ab 4 года назад +3

      @@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 года назад +2

      not everybody wants to drive an ancient car

    • @AnthonyVasquez17
      @AnthonyVasquez17 3 месяца назад +1

      Unless you add back up camera. Thats lowers a bit ​@moderndayentertainment5812

  • @MiguelRPD
    @MiguelRPD 3 года назад +14

    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.

  • @fanmaxis3004
    @fanmaxis3004 5 лет назад +60

    When people ask me how in doing I tell them "better than i deserve" now after watching Dave Ramsey

  • @chrisgirard8281
    @chrisgirard8281 5 лет назад +74

    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.

  • @TylerBrown-ls6cf
    @TylerBrown-ls6cf 5 лет назад +186

    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 лет назад +2

      That's awesome! You must be on the path to creating extraordinary wealth!

    • @TylerBrown-ls6cf
      @TylerBrown-ls6cf 5 лет назад

      @@ChrisInvests I am definitely trying. I have a long ways to go!

    • @TylerBrown-ls6cf
      @TylerBrown-ls6cf 5 лет назад

      @@ChrisInvests by the way, thank you!!!

    • @ChrisInvests
      @ChrisInvests 5 лет назад +1

      Jonathan Brown You're welcome! I'm on a similar path as you. I just started my own channel on personal finance!!

    • @TylerBrown-ls6cf
      @TylerBrown-ls6cf 5 лет назад

      @@ChrisInvests got yourself a new subscriber!

  • @Shawn-ho6de
    @Shawn-ho6de 3 года назад +12

    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.

  • @StephanieLeigh83
    @StephanieLeigh83 5 лет назад +272

    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 лет назад +23

      Thanks for telling us! how would we know that without you!

    • @IT-fj1nx
      @IT-fj1nx 5 лет назад +3

      Anything can happen.

    • @frankish5314
      @frankish5314 5 лет назад +4

      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 лет назад +1

      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 года назад +1

      @@joshualaughlin2385 lol

  • @Ericbryanmr
    @Ericbryanmr 5 лет назад +764

    Buy a corolla. Or any Toyota....

    • @DisabilityExams
      @DisabilityExams 5 лет назад +179

      Corolla - Toyota's cockroach of the road - nothing kills them.

    • @jaya.0069
      @jaya.0069 5 лет назад +57

      Corolla rocks!! The last thing to die when the world ends will be an old Corolla!

    • @sweetpotatox1007
      @sweetpotatox1007 5 лет назад +29

      Honda too!

    • @joshua38410
      @joshua38410 5 лет назад +31

      I could not agree more, I own a Toyota Camry, but the Corolla is just bullet proof.

    • @ohiojg1230
      @ohiojg1230 5 лет назад +21

      04 4 runner 200k. still running great

  • @markb8312
    @markb8312 5 лет назад +54

    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 лет назад +2

      thats amazing. How much are you paying for insurance on it?

    • @markb8312
      @markb8312 5 лет назад +2

      $100/mo

    • @richl1319
      @richl1319 5 лет назад

      Nathan Kestner me too, are you with Allstate?

    • @lwilliams4198
      @lwilliams4198 5 лет назад +2

      You can get over 200++ miles on that car. I have one.

    • @richl1319
      @richl1319 5 лет назад +2

      lt Williams what about my 03 Ford Explorer? You think my car can reach that mileage ? I’m currently at 151,500 miles

  • @StandYourGrounds
    @StandYourGrounds 5 лет назад +19

    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.

  • @animeman197
    @animeman197 4 года назад +4

    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.

  • @OrochiShaka
    @OrochiShaka 5 лет назад +59

    Engineering major and working 2 jobs? This guy is really smart!

  • @user-pq1cj3hy3q
    @user-pq1cj3hy3q 5 лет назад +18

    Engine, transmission, frame, and heating/AC. That’s the most important you gotta look for to get cheap car.

  • @drof2th
    @drof2th 4 года назад +123

    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 года назад +4

      I’m sure u do

    • @jamestuck90
      @jamestuck90 4 года назад +3

      N you comment on RUclips videos

    • @jeremy3106
      @jeremy3106 4 года назад +1

      Did you end up sticking with meteorology? I'm currently working towards this career, nice to see someone who did the same! :)

  • @NoeciRocha
    @NoeciRocha 5 лет назад +66

    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 года назад

      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 года назад +1

      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.

  • @natebostrom3137
    @natebostrom3137 2 года назад +5

    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 года назад

      you can easily flip that, but wow that’s a stupid crazy deal

  • @AVPVP
    @AVPVP 4 года назад +23

    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.

  • @ngregerman
    @ngregerman 3 года назад +1

    Great video. So much wisdom and grace from this guy and so kind. We need that in the world right now and always

  • @joshuamclean4588
    @joshuamclean4588 5 лет назад +12

    The way he’s talking about this 21 year old makes this 20 year old VERY happy about the way i’m headed! 😀

  • @Claire-oq7ut
    @Claire-oq7ut 4 года назад +39

    He should be graduating soon! Hope he’s doing well.

  • @migueldecarvalho8012
    @migueldecarvalho8012 5 лет назад +16

    "Unless he marries poorly." Ahahahahahah!

  • @Mandan...77t
    @Mandan...77t 2 года назад +1

    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

  • @regul8or71
    @regul8or71 4 года назад +8

    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!

  • @sharmeenmoona2886
    @sharmeenmoona2886 4 года назад +4

    being a mechanical engineer recent grad, I can say this guy has his life well planned in every way. Great job stranger.

  • @lancercool1992
    @lancercool1992 4 года назад +11

    95 Civic for $1500, standard transmission, Hondas run forever.

  • @princess_patticakes
    @princess_patticakes 5 лет назад +1

    Good for this young man! Proud of you!

  • @lisaandbeans9645
    @lisaandbeans9645 4 года назад +1

    May 2020 is just around the corner. Congratulations Benjamin!!!!

  • @Wat72-
    @Wat72- 5 лет назад +4

    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.

  • @adryenz
    @adryenz 4 года назад +14

    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

  • @687805
    @687805 5 лет назад +2

    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.

  • @deltaXna
    @deltaXna 3 года назад +21

    Dave - when you graduating
    Caller - May 2020
    Me - 😬😬😬😱

    • @insideoutsideupsidedown2218
      @insideoutsideupsidedown2218 3 года назад

      deltaX NA he still graduated... None of that walking across the stage and paying for a robe your wear once, but he grduated....

  • @ChrisInvests
    @ChrisInvests 5 лет назад +200

    This college kid at least has some sense!!

    • @biskitbunch2553
      @biskitbunch2553 5 лет назад +11

      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 лет назад +2

      @Jacob Votava uhhhhh he could easily have scholarships

    • @leocardenas5728
      @leocardenas5728 5 лет назад

      @Jacob Votava it's called Financial Aid Buddy

    • @jasonsharpbucks
      @jasonsharpbucks 4 года назад

      Mechanical engineering and can't work on his own car?

    • @michaeldalton8374
      @michaeldalton8374 3 года назад

      If he had sense, he never would’ve purchased a Mitsubishi. Ever. For any price.

  • @salvatorepuccini4261
    @salvatorepuccini4261 5 лет назад +3

    I actually learned something on this. He always talks about you buying used but he expanded upon it to include easy to work on

  • @lizcedillo4602
    @lizcedillo4602 4 года назад +109

    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 года назад +8

      Liz Cedillo got the same question

    • @thenman23
      @thenman23 4 года назад +11

      probably cashing out on unemployment

    • @lizcedillo4602
      @lizcedillo4602 4 года назад +2

      @@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 года назад +11

      I work for GrubHub Corp. out drivers are making good money out of this situation. I’m sure he’s good.

    • @FlaminHotChips
      @FlaminHotChips 4 года назад +1

      He dropped out

  • @mph5896
    @mph5896 5 лет назад +40

    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 лет назад

      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 лет назад

      @@GEAUXFRUGAL Good to see possible to get used hybrid at affordable prices too.

    • @mph5896
      @mph5896 5 лет назад +5

      @@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 года назад

      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.

  • @willsommervil6141
    @willsommervil6141 5 лет назад +3

    I'm extremely happy for this dude!

  • @tannergreenwald9497
    @tannergreenwald9497 5 лет назад +5

    This has to be one of Dave's best show.

  • @kylerider7125
    @kylerider7125 5 лет назад +17

    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

  • @alexsykes4509
    @alexsykes4509 4 года назад

    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.

  • @EdUrichPanFlute
    @EdUrichPanFlute 5 лет назад +15

    Too bad I didn't find this channel long time ago I'm new here and I'm learning a lot thanks Dave

  • @moriahjohnthejohnsons718
    @moriahjohnthejohnsons718 4 года назад +3

    This kid made me so happy. I am sure he had parents so struggled and he had to learn the hard way.

  • @keithl1189
    @keithl1189 4 года назад

    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

  • @benanderson4639
    @benanderson4639 4 года назад +2

    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

  • @delicatessen5670
    @delicatessen5670 4 года назад +24

    "That depends. Does it run on beans and rice?"

  • @23ofSeptember
    @23ofSeptember 5 лет назад +34

    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 лет назад

      I've been scouring Craigslist for this elusive $3,000 Corolla but I'm not having any luck

    • @Livesinashack
      @Livesinashack 5 лет назад +1

      I would think modern used cars would be less reliable because of so many computers and increasing complexity.

    • @EMichaelBall
      @EMichaelBall 4 года назад +1

      Some Accords and Civics, most notably after 2000, are surprisingly unreliable.

    • @donnaharouff5085
      @donnaharouff5085 4 года назад

      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 года назад

      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 4 года назад +1

    What a guy! I found a major in mechanical engineering hard enough with only summer jobs. Well done Ben. Bossed it

  • @doctorbilalrizwan7766
    @doctorbilalrizwan7766 4 года назад

    Amazing comments Dave !! Love you !

  • @krogdog
    @krogdog 4 года назад +11

    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 года назад

      You can make that working weekends bro of course depending on location

    • @krogdog
      @krogdog 3 года назад

      @@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 🤮🥵

  • @sethbingo
    @sethbingo 4 года назад +33

    *"Rev up your engines!"*

  • @trut52
    @trut52 2 года назад +1

    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.

  • @willsommervil6141
    @willsommervil6141 5 лет назад +2

    YES!!! 👏👏👏 God bless this man! I hope he keeps it up. Much love to Dave R for always gives great advice.

  • @radhikadunn7647
    @radhikadunn7647 5 лет назад +6

    Just saw a youtube ad for a credit card before this video! made me laugh so hard! cz it's Dave Ramsey

  • @RS-xq4hf
    @RS-xq4hf 3 года назад +5

    This kid is killing it. Good job Benjamin. Congrats on your graduation!

  • @frankavila6245
    @frankavila6245 5 лет назад

    Well done! Keep going!

  • @einzgeisha
    @einzgeisha 4 года назад

    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 года назад

      Sounds like you need a divorce like yesterday.

  • @mdlm77
    @mdlm77 3 года назад +5

    "He may already be a millionaire before hes 30... Unless he marries poorly" lol!

  • @mrdigital30000
    @mrdigital30000 3 года назад +9

    Dave told him he would be making big bucks immediately after college. Not knowing what would be going on may of 2020

  • @jbone79
    @jbone79 5 лет назад

    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.

  • @1439smoke
    @1439smoke 4 года назад

    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

  • @wkdravenna
    @wkdravenna 5 лет назад +3

    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.

  • @starlitopensky1
    @starlitopensky1 5 лет назад +13

    One problem, hopefully he doesn't have: Just because a person gets a degree in mechanical engineering doesn't mean a job has been created for him. At least he won't have debt unlike a lot of engineers who had found jobs in engineering.

  • @greensnmachines
    @greensnmachines 5 лет назад +1

    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.

  • @Addleysmom
    @Addleysmom 4 года назад

    What an awesome young man - will definitely be successful in his field Well done indeed!

  • @garys.1415
    @garys.1415 3 года назад +3

    “Unless he marries poorly” 😂😂😂💀💀💀💀💀😂😂😂⬆️💀😘😘

  • @joelyebb1299
    @joelyebb1299 4 года назад +82

    You’d be surprised how many nice cars you can find for 3000 if you just look

    • @roxannescott6956
      @roxannescott6956 4 года назад +2

      Really what state because not in NYC state

    • @davem4193
      @davem4193 4 года назад +8

      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 года назад +1

      Yes this is true I have a eclipse 01 over 100k miles no problems what so ever.

    • @andreblackaller3560
      @andreblackaller3560 4 года назад +1

      Dave M Do you really get 26 mpg? Because if you do I’m getting one too.

    • @derekspiller
      @derekspiller 3 года назад +1

      roxanne scott I have found a ton of nice ones in the Buffalo area.

  • @richardnewton302
    @richardnewton302 4 года назад

    I believe the caller really has followed Dave’s advice and it proves how valuable and practical the guidance is.

  • @fabriziomarcia146
    @fabriziomarcia146 5 лет назад +1

    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

  • @flipvdfluitketel867
    @flipvdfluitketel867 5 лет назад +7

    In 10 years time he is sitting in his modern soulless car thinking back of ol' Pockmark and how much he misses that car. Enjoy the lack of luxury in your younger years so that you can appreciate luxury more when you can finally afford it

  • @dhmedia7004
    @dhmedia7004 5 лет назад +31

    Dave: hello thanks for calling how can I help?
    Me: I think i married a "Princess" what do I do?

  • @dynodin81
    @dynodin81 5 лет назад +2

    No RUclips 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 лет назад +1

      Also this would be a great platform to have at schools = money smarts. Not everyone is lucky to have that education at home.

  • @mariamaneval2097
    @mariamaneval2097 3 года назад

    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 ☺️

  • @wanyinavybes421
    @wanyinavybes421 5 лет назад +5

    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💕💕

  • @Dochorahan
    @Dochorahan 5 лет назад +32

    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 лет назад +6

      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!” 😆

    • @markf5314
      @markf5314 4 года назад +1

      Toyota’s have great resale value too! Even with high mileage

  • @jutde
    @jutde 3 года назад +1

    If I were in Arizona, I'd be looking for something older than 1985 that doesn't have anything electrical to break except the radio. Fix anything on that vehicle in 15 minutes at any AutoZone or O'Reilly in the country.

  • @coolhandsouk1574
    @coolhandsouk1574 5 лет назад +1

    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.

  • @LouisLuzuka
    @LouisLuzuka 5 лет назад +4

    I have a bmw e36 1995 and it’s easy to get the parts I got it for $1050 much love from Vancouver Canada 🇨🇦

  • @leocardenas5728
    @leocardenas5728 5 лет назад +7

    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 лет назад +4

      Leo Cardenas good to see so many fellow 20ish year olds here

  • @AndrewKNI
    @AndrewKNI 4 года назад

    What a fantastic caller. He sure has a solid financial head on those young shoulders. I wish I knew all that when I was 21. :-)

  • @HectorGallegosmusic
    @HectorGallegosmusic 3 года назад

    That ending!...hahahahhaha “unless he marries wrong.”
    Oooffff!

  • @MiMiOrt
    @MiMiOrt 5 лет назад +3

    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 лет назад +1

      MeMe O. NICE

  • @AutoXela
    @AutoXela 5 лет назад +15

    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 года назад

      Xela yeah i bought a 99 camry with 140k miles for 2700 and its never gonna die

  • @Jp-gc6bh
    @Jp-gc6bh 3 года назад

    My first car costed my dad 5k, 04 g35. Loved that car, my current truck which I bought when I was 20 was 4k. I might sell this truck for a slight newer car around the 10k margin, but for 10k I can’t get that nice of a truck. So I was thinking of just saving and buying a sedan or coupe and keeping my 95 stepside

  • @facortez
    @facortez 5 лет назад +1

    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.