This is the Ramsey Call of the Day, part of the Ramsey Network.

Well, Rachel, I like to get riled up by videos on social media, and one...

Favorite pastime.

I stumbled upon one that really got my blood boiling, and I wanted to get your take on it.

You have not

seen this. I got a magician being like, you have never seen this. I love the live reactions. And so,

I want to play it and spark a little conversation about it. So let's roll that beautiful bean footage.

Why is your car payment $1,300? Because first of all, this vehicle was $62,000. I did it for 60 months instead of

72, and I went zero down. This didn't want to put any money down because it's just, it doesn't make

any sense to me. How much money do you save if you put more money down? So basically, every

$1,000 that you put down is about $20. So it would take $5 grand for me to lower my monthly payment by $100.

So in $1,300 versus $1,200, the same thing.

You know, it would take you, what is that, 60 months to get your money back or 50 months?

Oh, yeah, to get $5.000 back?

Oh, it'd take way too long.

Wow.

Rachel, some people's cornbread just ain't done in the middle, you know?

They just didn't fully bake in the oven.

So this is, let me recap what this guy just said.

He bought a vehicle that was $62,000 MSRP with zero down, $1,300 bucks a month for 60 months,

which if you're doing the math at home is $78,000 for a vehicle that was worth $62,000.

Before he drove it off the lot and that it's, yeah, depreciated already.

...