How to negotiate buying a used car with cash Videos

You saved money when you bought you car, but you wasted on gas

So you're recommending buying an 18 year old car? c'mon bro!

Tough up!! That's right;) thank you~ this is really helpful!

you should finance some dental work. you deserve it

There is a lot wrong with what this guy is saying.

What if you have no other choice than to finance?

Is that a picture of Butthead in the background?

My 1995 has a computer!

+Anthony Abelardo will you stop posting the same thing everywhere on every video?????!!!!

If you pay cash for a car, you will not over spend. When you finance a car,a salesman will try to sell you a more expensive car then you intended to buy.I would rather pay 18K for a nice Honda Civic then to end up paying 30K for a Honda Accord with all the extra stuff I don't need.

+Douglas Moran It never makes sense to finance a car because if something goes wrong with the car before it's paid off, you are paying for a dead horse. 

+Douglas Moran Ramsey is saying to get rid of the car and buy a car for $5000.  If she fixed her own car for $3000 it probably would run newer than the $5000 car and it would probably sell more but that wasn't even taken into consideration for more savings and a more ideal option.  If she gets a $5000 car saves $500 per month has $5000 then gets a $10000 car instead she would have $7000 and then $12000 but it would look like $10000 with $2000 left but actually it would be like $5000 because the car could probably resell for $3000 unless the depreciation from $4000 to $3000 would happen over 10 months but it's unlikely because at that level it doesn't depreciate much as cars new which lose the same percentage ever year.  The depreciation value of new cars at like $300k if like $200k in loss over 3 years.  In 3 years a $5000 car losses like $1000.Easiest way is, fix car for $3000 instead of buying for $5000.  Resell car after 10 months and probably have $15000 in cash to pay for a car but realistically they might be like fuck it and buy a $35000 car with $15000 down payment depending on which dealership they walk into.  A lot of luxury cars that are 3 years old are great at $35000 when they used to cost $80000 but I don't think they think like that so probably would pay cash $10000 and take Ramsey's advice for $5000 and get rid of car for $0 because they will never read our comments.

or she could spend $3000 to get her car fixed which saves her $2000 more over $5000 initially recommended by Dave Ramsey than getting rid of the car and spending $5000 then have $7000 for down payment..I think I'm smarter than Dave Ramsey..

+Chris Rolfe I'm surprised he didn't bring this crucial step up at all. It's always better to spend $25 to $50 to get the car checked out by a professional mechanic so you have an idea of what the running cost will be versus spending thousands finding out the hard way.

+inanut inanut That's not that common believe it or not. Take the car to a mechanic to check it out before you purchase it. Or at the least bring someone with you who has good mechanical knowledge to check it out.

+Love Wins Yes. At least liability.

+Michele Goodsell do you have to pay car insurance. Does every car have to have car insurance?

car still depreciating cause your putting more miles on it.No one going to say it's been ten months plus usage ,oh it's the same car from ten months ago here's what you paid for it.

+Douglas Moran that's right.   

Good job, kid.

+Douglas Moran that's right.  now you are learning. 

+Douglas Moran Have to shock you:  Ready?  Small dealers and private parties break the law everyday.   kbb may not be biased, but that does not mean their numbers are worth a crap.  Lousy data done with good intentions still gets you lousy data.  Plenty of people handle credit well and make a killing.  Dave's advice is for the masses, including the lowest common denominators.  For every free trip to Tahiti couple, there a plenty more paying 15% on dance lessons and weekend getaways from last year. 

I have no concern about Ramsey's view on credit.  my point was limited to under 5k cars and their value.  again, kbb lives in fantasy land.  people lie on surveys and lie on DMV titles about how much they paid.  moreover their condition reporting "good" , "clean" or whatever is vague.  a smart buyer can get a car and sell it for what they paid or more. 

+Douglas Moran typical accountant.  1. Never said anything about your credit.  check the voices in your head.  2.  what the value is on kbb and what you can actually get for a car are not one in the same.  as someone who has purchased and sold many cars for more or the same dollar amount after owning for months or even years, I know what I'm talking about.  

+Douglas Moran you obviously don't know much about the used car market in the real world.  cars do not depreciate in a linear fashion.  what you are referring to is for tax purposes.  

+Nick Wavy If he could pay the off the car in the next month, then the interest rate would not be 2 much problem. Point is, its good to have a back up. Dont get fuked by leeches.

+RashaadRahh true that makes sense, honestly i would have said forget yall and have waited but that makes sense they would have done that, especially since you didnt have a previous score they would target you for sure...damn bro thats real crazy

Bro trust me you have to bulid up credit score its not about "preying on me financially" its all about credit score and this is coming from a 16 year old, and please why did you buy an audi german cars are expensive to repair.

But still no credit history u have to bulid up your credit score to lower interest rates

I had *No Credit history at allMeaning *No Credit Score. +Christian O

I feel they gave me that terrible interest rate b/c they wanted "prey" on me (financially). In the U.S. the lending institutions tend to give African-"American" people higher interest rates bro. No way that interest rate should have been that high just based off of the fact that I put a 50% down payment. I argued with the sales people for a Hour bro. Bad experience bro. The only reason I took the deal was b/c I knew that I was going to pay the balance off in full the next month and avoid having to be the victim of that terrible interest rate.

he probably has a bad credit score

Makes me happy that I can help you and other people avoid a huge financial mistake.

You are welcome Thomas and I can never forget about track. More running videos are in the works!

Ok I'll call you Carlton and I'll see when you post. It will pop up on my subscription feed

+RashaadRahh I'll be on the look-out! And haha imma make this more clear when I start making consistent videos but Marshall is ya boy's last name. My first name Is Carlton, like my man from the Fresh Prince haha

Marshall! Sup man you are welcome. It's good to hear that you and a couple others want that video. I'm going to start working on it.

I knew exactly what car I wanted so I googled it. Found a site called Edmunds and searched for it locally that when I seen them selling one I wanted at Beverly Hills Lexus. Bad experience buying though. They was trying to rip me off the whole time. +Queen KJD

+RashaadRahh where did you look for the car?

You know I had to double back for the cam