4.7 • 1.1K Ratings
🗓️ 24 December 2012
⏱️ 15 minutes
🧾️ Download transcript
I have two rules when it comes to buying a car. Don't buy new, and don't finance it. Broke both of those.
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0:00.0 | Hello, whinnebbers, My name is Jesse Meekam, and this is podcast number 62 for |
0:17.7 | you need a budget, where we teach you four rules to help you stop living paycheck to |
0:21.9 | paycheck, get out of debt and save more money. |
0:26.3 | I went into debt yesterday. |
0:30.3 | I'll tell you more about that in just a second. I broke two of my rules that I thought |
0:35.8 | I had in one day, two of my financial rules. They were, never borrow money for a car, never buy a new car, and broke both of them yesterday. |
0:47.0 | This is the car edition. This is the Jesse broke both of his car buying rules edition. |
0:52.0 | Let me tell you how it went down. Started five years ago, |
0:58.0 | let me tell you a little bit of history. Julie and I bought a Chevy Prism a few months after we were married. |
1:04.0 | Before that we didn't know the car. |
1:05.0 | The Chevy Prism is one of the best kept secrets in used car-dom. |
1:09.0 | It's a Toyota Corolla built in the same factory as the Toyota Corolla, except it had |
1:17.1 | Chevy on it so you didn't have to pay for the Toyota symbol. |
1:20.6 | And that car rocked. |
1:22.2 | I mean, it was awesome. So we bought that. It was anyway we bought that. It was a great car. Then on our way to Dallas when we were moving to work for that accounting firm, it |
1:37.0 | ran over something and it totaled the car. |
1:40.0 | So then we went to Dallas, planning to buy two cars instead of just well we were |
1:45.0 | planning on buying one car a family car and then having the you know the |
1:50.1 | prison for me to commute in but that was totaled. So we bought two cars. We bought a |
1:56.8 | Honda Civic and a Toyota Sienna, sweet van, and it was a white Toyota Siena. |
2:04.6 | I was with my friend driving my civic to work one day |
2:08.8 | and that thing was pulling so hard to the right. |
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