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The Ramsey Show Highlights

I Over-Paid $20,000 For A Car!

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 14 May 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

📈 ⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠ Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps ⁠💵 ⁠Start your free budget today. Download the EveryDollar app! - https://ter.li/446mhy 🏘️ Find a Ramsey Trusted Real Estate Agent - ⁠https://ter.li/ko6rqk⁠ 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or⁠ click here!⁠ Listen to more from Ramsey Network 🎙️⁠ The Ramsey Show⁠  🧠⁠ The Dr. John Delony Show⁠ 🍸⁠ Smart Money Happy Hour⁠ 💡⁠ The Rachel Cruze Show⁠ 💰 ⁠George Kamel⁠ ⁠🪑 Front Row Seat with Ken Coleman⁠ 📈⁠ EntreLeadership⁠ Learn more about your ad choices. ⁠https://www.megaphone.fm/adchoices⁠ ⁠Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today. Hey, I'm just wondering,

0:08.6

I bought a truck last year in October. I didn't know as much about cars, and I went down to

0:17.5

buy a different truck, and it got sweeped out from under me, and I ended up with a truck that's worth 20,000, and I went down to buy a different truck and it got sweeped out from under me.

0:21.3

And I ended up with a truck that's worth 20,000 and I paid about 40,000.

0:28.0

And I still owe, I still own 36.

0:33.0

Does that make sense?

0:35.2

No.

0:36.3

Why would you do that? Doesn't make sense at all. Why would you do that?

0:38.4

Doesn't make sense at all.

0:40.0

Did you have another car that you're...

0:42.3

I'm sorry, wait a minute.

0:43.2

Did you have another car you were upside down in?

0:46.4

So no, I did not.

0:47.7

So how this happened, I don't know why the salesman did this, but it is what it is. What happened? I went down for a car I studied and I knew

0:54.8

that it was going to be a good car for a good price, around 20,000 to run my business out of.

1:01.8

I went down to pick it up and it got swooped out from under me and I needed to start work

1:06.3

immediately because I had jobs lined up. That's why I was picking up a car. It was because I know I had work.

1:13.1

Then I looked at the rest of the cars, and it was already pretty late.

1:17.4

And if I didn't come back with a car, I would be screwed.

1:21.6

So I ended up getting a car, eco-deasel, and I thought it was, you know, a pretty good deal for a diesel and low mileage and all that stuff.

1:32.1

And I didn't know.

1:34.1

I just didn't know.

...

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