When Should I Replace My Beater Car?

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  • čas přidán 6. 12. 2016
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Komentáře • 1,4K

  • @FreshSqueezedLightning
    @FreshSqueezedLightning Před 7 lety +1

    I'm happy to say I'm 26, my Datsun 280ZX has 383,000 miles on it, and I'm about to graduate college with zero debt to my name

  • @this_time_imperfect
    @this_time_imperfect Před 2 lety +208

    When your $1000 car needs a $4000 transmission replacement. This is my current tipping point.

  • @bengaljam4550
    @bengaljam4550 Před 5 lety +677

    1. When repair cost is more than a car is worth. or 2. Safety becomes a factor or 3. When you start asking yourself will my car make it from point A to point B

  • @somphongxaysana7409
    @somphongxaysana7409 Před 6 lety +2

    200k on a honda is just hitting puberty

  • @thermalreboot
    @thermalreboot Před 5 lety +846

    I would replace a car when it becomes too unreliable to drive. I can't afford to lose my job because my car keeps breaking down.

  • @MrBigGStyle
    @MrBigGStyle Před 4 lety +98

    I bought a brand new 2020 Truck, and I could hear Dave Ramsey yelling at me while signing the paper work.

  • @chargermaster586
    @chargermaster586 Před 3 lety +350

    Dave needs Scotty kilmer with him when it comes to cars

  • @zachr93
    @zachr93 Před 7 lety +728

    Dave, he stole your line.

  • @122ffsdd
    @122ffsdd Před 4 lety +319

    He's talking about moving from a Honda to a Subaru?!... And he's worried about repair costs on the Honda?

  • @rickyiglesias5384
    @rickyiglesias5384 Před 2 lety +3

    "gas is so cheap right now." this aged poorly

  • @1jesse251
    @1jesse251 Před 4 lety +415

    “cheap gas”

  • @theVoid524
    @theVoid524 Před 5 lety +162

    This is SOLID advice. Thank you for posting this for free. You have no idea how much you're helping people

  • @stephenbrown7550
    @stephenbrown7550 Před 2 lety +37

    yeah that “Prius” thing ain’t a joke right now Dave😭

  • @obits3
    @obits3 Před 4 lety +48

    Honestly, the main issue is reliably and the value of my time. As my car hit 10 years this past year, it kept breaking once a month or more from April to September. The A/C kept dying followed soon by engine idle failure. I think I spent $2k on repairs, but the time was the real issue. It was in the shop for about half that time with me driving my old truck to work. If I didn’t have a truck, the rental costs would have been terrible. So much weekend time was burnt waiting for the shuttle to and from the car repair place. I broke down, cleaned out the car, said my goodbyes and bought a new base model car cash. On paper it was a terrible financial decision, but my mental health has greatly improved knowing I have a reliable vehicle again.

  • @mattmead2623
    @mattmead2623 Před 7 lety +227

    Dave's never had a dodge caravan. repairs will eat you alive. my cost per mile was through the roof on a $10k paid off caravan. toyota sienna man, that's the way to go

  • @carlhammill5774
    @carlhammill5774 Před 3 lety +89

    Dave is absolutely correct. It is really never worth getting rid of car that's paid for unless it needs significant engine repair work. I have 2003 volkswagen passat and few years ago it seemed like things were breaking down with it. But when I look back those repairs were about $800 for year (two years in row) but if I got new car with monthly payments of $400 - those repairs would only amount to two months of new car payments. Drive that car until you can no longer even look at it....then its time.

  • @mikesawyer4707

    We are going on our second year with our 2005 Camery. We fixed some small rust spots changed the fluids replaced a head gasket and it has over 424.000 miles on it. So far so good. 😊

  • @heyitsablackguy9553
    @heyitsablackguy9553 Před 6 lety +380

    Honda with 183,000? Man, you can still ride it to 500,000! Dude those are awesome vehicles. Hondas last a lifetime. I still see people today driving Toyotas and Hondas from the 90s. Crazy reliability.

  • @hxhdfjifzirstc894
    @hxhdfjifzirstc894 Před 4 lety +14

    2006 Civic with 342k miles. I expect to hit 400k. Insurance paid me more for the dents in it than I paid for the car in 2010. Winning.

  • @jason60chev
    @jason60chev Před 4 lety +25

    I drive a 30 year old Chevrolet Caprice Wagon! I bought it for $2,000, 11 years ago.