How To Avoid Overpaying For A Car (They Don't Want You To Know This)

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  • čas přidán 2. 05. 2024
  • On this episode of The Table with Anthony ONeal, we share the essential strategies for avoiding overpaying when purchasing a car. Before diving into the market, it's crucial to gain a clear understanding of your wants and needs. AO explores how to assess your requirements, set a budget, and conduct thorough research to find the best deals. By equipping yourself with knowledge and a well-defined plan, you can navigate the car-buying process confidently and ensure that you get the most value for your money. Tune in to learn how to make informed decisions and avoid common pitfalls in car purchases!
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Komentáře • 88

  • @Chomba27able
    @Chomba27able Před 14 dny +53

    What's wrong with androids. I could afford an iPhone, but I prefer an android. To each their own.

    • @Neshiadays
      @Neshiadays Před 14 dny +7

      Right

    • @sunshineb-d5006
      @sunshineb-d5006 Před 14 dny +6

      Nothing at all I have one.

    • @maggiebryant3845
      @maggiebryant3845 Před 14 dny +5

      Just like I don't need all the frills that a Mercedes might offer, neither do I need the few (EXPENSIVE) bells & whistles that an iPhone would give me! Shame on you Anthony, for dissing an Android or any other type of phone!

    • @cedricwilliams5490
      @cedricwilliams5490 Před 14 dny +6

      His android comment debunks everything he just tried to teach us.

    • @Bethelgal42
      @Bethelgal42 Před 14 dny +10

      Androids are so much better. I hate the IPhone.

  • @veedubya4636
    @veedubya4636 Před 14 dny +20

    We have 3 vehicles, all paid for. I bought my 99 Camry new with only 14 miles on it. It is now at 202K miles. Do your maintenance and your cars will last. If you can't do it yourself, find a mechanic or shop that you can trust. I do all my oil changes and air filter changes on all three. Also get second opinions on repairs and recommended services, like Anthony said, "Do your research" even on maintenance.

  • @AngiePerkins-vd6we
    @AngiePerkins-vd6we Před 14 dny +18

    I bought my Toyota a 2003 RAV4 13 years ago I still drive it and bought it CA$H 💵 $7,000 and I love it in great condition reliable and I don't plan on getting anything I ride it until the Wheels off 😅and if they do I'll replace them $400 bucks VS 24,000 I'll keep my money

  • @anitajones-dye349
    @anitajones-dye349 Před 13 dny +12

    I got my recent car for free! I had a paid for 2019 Ford F350 with a mileage of 56,000 miles. No dings and no dents and immaculate interior. Took excellent care of my investment. Went to trade it in for a brand new 2024 Honda Pilot SUV. Because I took such excellent car of my F350, it retained its resale value which allowed me to trade her in without paying a dime! So, we did an even exchange where we just swapped out keys, titles and cars! We didn’t owe them anything and they didn’t owe us anything! Now, I own a brand new, fully paid for car, not to mention, a new warranty! Love it!!! 😊❤

    • @julianrichy5830
      @julianrichy5830 Před 7 dny +1

      Sorry I don't believe you at all!

    • @anitajones-dye349
      @anitajones-dye349 Před 7 dny

      @@julianrichy5830Not asking you to believe. Just informing & educating people about what CAN happen!

    • @TheRealDealHunny
      @TheRealDealHunny Před 5 dny +1

      People will say anything, even lie, for recognition 😂

    • @TheRealDealHunny
      @TheRealDealHunny Před 5 dny

      ​​@@julianrichy5830you are right, it's not true!😂

  • @lawannasmith
    @lawannasmith Před 14 dny +18

    My husband and I are in need of another vehicle right now but financially we cannot afford paying for it cash today. We have a 2017 Kia Forte which is paid off. Now our goal is to become debt free including paying off our vehicle cash. Hopefully we can do it this year

  • @tande0822
    @tande0822 Před 14 dny +5

    The insurance on vehicles is outrageous right now even with a perfect driving record, paid for vehicles, and great credit! Now it’s based on where you live which is absolutely ridiculous!!

  • @mikkih5809
    @mikkih5809 Před 14 dny +6

    I love it-- sign & payoff - genius!!!!!

  • @chiefafam
    @chiefafam Před 14 dny +12

    Everyone doesn’t have the funds to buy a car outright. We still working to get to that level… what’s the best option if we can’t pay cash for it

  • @nastystew6942
    @nastystew6942 Před 14 dny +15

    Never tell the dealer you are paying cash!

  • @SeshanMohareb
    @SeshanMohareb Před 13 dny +1

    Perfect timing! I was involved in a MVA last week; 26K car totaled. I can buy cash now but want to make wise decisions.

  • @3isaiah61
    @3isaiah61 Před 14 dny +4

    Bought an Escalade and paid off in 2 yrs..if you take care of it regular maintenance your vehicle will take care of you!...been 10 yrs now & God has sustained it...the used car market is crazy! I refuse to pay that much! Cash pmts are the way to go!

  • @anniel3379
    @anniel3379 Před 14 dny +4

    This is good cause I need to purchase a car really soon

  • @maxinec1616
    @maxinec1616 Před 14 dny +1

    Much respect to you for giving us the game. Bless up!

  • @nbs128
    @nbs128 Před 14 dny +3

    Hi Anthony! Very informative! Especially the part about the car …”riding it until the wheels fall off”. I totally agree! I kept a car for years without paying a car note. The mileage was high. It was in good working condition. Thank you, Sir!😊

    • @anthonyoneal
      @anthonyoneal  Před 14 dny

      Glad you enjoyed it!

    • @LadyVee57
      @LadyVee57 Před 13 dny +2

      I'm 67 and I've bought 4 cars in my life! My last car (Toyota Camry) was 22 years old when I got rid of it. I will have my latest car paid off in July but I'm going to keep taking that same amount and put it in a savings for my next car.

  • @raymondalcock6515
    @raymondalcock6515 Před 14 dny +2

    One love Anthony.Nuff Respect .I feel that from the heart.Irie

  • @CrownedAndFitNFaith
    @CrownedAndFitNFaith Před 13 dny +1

    I probably needed this like 2 years ago when I bought my car. I’m just going to keep it until the wheels and everything else fall off.

  • @jacquanahughes6433
    @jacquanahughes6433 Před 14 dny +1

    This is informative information when I make the decision to sell my husband's vehicle. Chrysler 300 2012 183,000 paid in full. Yes, I do have repairs at times, but thank God I can get to where I need to go. I'm really thinking of selling, but no decision yet. And all you stated about dealerships features, and bringing in the salesperson, the manager, the finance just to pursue you to agree on their deal. This really gave a reality check and to use wisdom now that it is just me as a single widow woman! Yes, to make smarter choices and not wants I this time. Thank Anthony so much for this information!

  • @taylorsmith535
    @taylorsmith535 Před 12 dny

    Yes indeed!!! That's real talk Anthony!!!

  • @lanceoguinn887
    @lanceoguinn887 Před 14 dny +1

    Great episode. I learned a lot. I am saving to buy a new/old car. Thanks so much

  • @msshon1209
    @msshon1209 Před 14 dny

    Excellent Advice as always

  • @carmenwhite8744
    @carmenwhite8744 Před 8 dny

    This was great!

  • @jamilcooper9032
    @jamilcooper9032 Před 14 dny

    Great Info... I pass it along to my son, who will need a car soon

  • @ShiekaG
    @ShiekaG Před 14 dny +15

    I have a 2007 Honda Accord with over 200k miles on it. I'm about to start saving up for a newer vehicle. I'd love to get a Mercedes but a Honda Pilot is more reasonable lol!!!

    • @rwyatt80
      @rwyatt80 Před 14 dny +3

      Accord only got 200k? You just breaking it in! I have a 03 with 200k. Drives beautifully!

    • @SoeYoung
      @SoeYoung Před 14 dny +4

      I have a Honda Accord 2009 with less than 200000 miles on it and it drives great, just requires the basic maintenance.

    • @ShiekaG
      @ShiekaG Před 14 dny +3

      @@rwyatt80 it's over 230k. I just got in the car to check😄. I love my car & it's paid off.

    • @ShiekaG
      @ShiekaG Před 14 dny +3

      @@SoeYoung My mama told me that I can't go wrong with a Honda

    • @ShiekaG
      @ShiekaG Před 14 dny +1

      I just want to start saving up for something else when the time comes for me to get something newer.

  • @jonathangoldsberry4858

    Real good word!

  • @lapen47
    @lapen47 Před 13 dny

    Hi Anthony, I brought my Mazda in March 30 of this year.

  • @carmeeshaarscott2506
    @carmeeshaarscott2506 Před 14 dny +1

    The same thing happened to me! At the table, the interest rate crept up for some unknown reason. Me too on paying off early! Haha!

  • @kiki0372
    @kiki0372 Před 13 dny +2

    So sign and pay off immediately is better than paying cash

  • @bey258
    @bey258 Před 14 dny +2

    I’m so confused looking at this!

  • @robertg3658
    @robertg3658 Před 11 dny +1

    I did this exact same thing. If they don’t want my cash someone else will.

  • @mygspaaht
    @mygspaaht Před 14 dny +1

    For clarification what is a “3 year” car? Thank you

  • @terryadams5536
    @terryadams5536 Před 18 dny +9

    My car has a recall with no repair parts available. I'm thinking of trading it in. So this video will be helpful.

    • @ladieyo
      @ladieyo Před 14 dny +1

      Is your car the Acura MDX.? We went to the dealer and there was an issue there as well.

    • @terryadams5536
      @terryadams5536 Před 14 dny

      ​@@ladieyoNo, an Audi a3 2016

    • @Jay-ry2nk
      @Jay-ry2nk Před 14 dny +1

      Noooooo

    • @terryadams5536
      @terryadams5536 Před 14 dny

      ​@Jay-ry2nk 😅 Why you say no?

    • @Jay-ry2nk
      @Jay-ry2nk Před 14 dny +2

      @terryadams5536 It's the.
      Worst thing you could do. Is trade in a vehicle If the retail values 20k
      The trade in value would be 10 to 12k Dumbest thing to do.
      Next to financing

  • @traceyshelton2967
    @traceyshelton2967 Před 14 dny

    How did you determine the best way to purchase the vehicle? What computation did you use?

  • @Kdub2023
    @Kdub2023 Před 13 dny

    I made several grave mistakes when so financed my past vehicle! It wasn’t until I was upside down did so realize Zi had got played in interest and other fees 🤬👎🏽

  • @ingermarlowe
    @ingermarlowe Před 14 dny +3

    I got my 2012 GMC Terrain new with 34 miles on her all by myself after my divorce- it took a minute but I did it. She has 282,000 miles and is paid off. I think she needs a fuel pump but every male says get rid of her - too many miles. I DO NOT want another car note

    • @bessiewright2235
      @bessiewright2235 Před 13 dny +3

      Cheaper to get fuel pump than a new car. 🤷‍♀️ I’m just saying.

  • @Sundance4u1
    @Sundance4u1 Před 14 dny

    I cannot

  • @mirasmith2484
    @mirasmith2484 Před 13 dny

    What about using a car buying programs such as UBS, Costco or Sam's.

    • @willtacoma2ndgen661
      @willtacoma2ndgen661 Před 10 dny

      They all rip off. Just make sure you read all the terms and conditions of the loan. Please never show them that you are desperate so they don't take advantage of you

  • @tonimcpherson9449
    @tonimcpherson9449 Před 14 dny +1

    What if you walk into the dealership with your own approved auto loan? Four years if I buy a car I always walk on the lot with an already approved auto loan.

    • @willtacoma2ndgen661
      @willtacoma2ndgen661 Před 10 dny

      Make sure you negotiate with the dealership first and have your local bank cut the exact car amount loan for the car. If you show the dealership the full amount you approve they will not negotiate with you.

  • @klyteasejames3801
    @klyteasejames3801 Před 14 dny +1

    I have Android I don't have iTunes

  • @Angie0214
    @Angie0214 Před 14 dny

    Use an insurance broker

  • @zayvion.r
    @zayvion.r Před 14 dny +1

    Im done with finacing and im 22 years old😂

  • @traceyshelton2967
    @traceyshelton2967 Před 14 dny +2

    If you are in a situation where you desperately need a car and cannot wait for a sale, end of the month, end of the year what do you do to get the best deal?

  • @iamjoannhoward
    @iamjoannhoward Před 14 dny +1

    I'm a subscriber, but what is E3?

    • @anthonyoneal
      @anthonyoneal  Před 14 dny +5

      We call our community "E3" because we are 'Expanding' in 3 areas >> Abundance, Wellness, and Freedom = E3

  • @mswonderfulgem170
    @mswonderfulgem170 Před 14 dny +2

  • @mr.valentino2824
    @mr.valentino2824 Před 14 dny +4

    RR is an overpriced BMW. They are owned by BMW🤦🏾 RR Truck is just a BMW X7

  •  Před 14 dny +2

    Your bentley is such a stupid purchase.