Your Dad Has Been Brainwashed (I’m Sure He’s A Nice Man)
The Ramsey Show Highlights
Ramsey Network
4.5 • 838 Ratings
🗓️ 19 November 2024
⏱️ 4 minutes
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| 0:00.0 | brought to you by the every dollar app start budgeting for free today i was in a core accident |
| 0:08.0 | not too long ago and because of that i do have a backup car that i'm currently in and it's a |
| 0:13.8 | 1996 uh Chevy blazer and it's it runs good it has a, it has a heater. It's perfect as is. |
| 0:22.4 | But I do commute a lot. |
| 0:24.5 | So I'm looking to buy a car. |
| 0:27.2 | I do have money cash to buy one, but my dad used to be a car salesman. |
| 0:33.4 | And he was saying that I shouldn't use this money to buy the car out cash, that I should |
| 0:38.6 | get comfortable with paying a little bit of down payment and then make it adjust so that |
| 0:45.0 | way I'm comfortable with the monthly payment that I receive. |
| 0:47.9 | But I don't like the idea of debt. |
| 0:50.7 | I don't like the idea of paying interest because you're paying money for essentially money that you don't have. |
| 0:56.8 | So I don't really understand that part, but I just, I want a second opinion. |
| 1:01.6 | Well, I'm going to caveat this by saying, I'm sure your dad is a lovely, wonderful, intelligent man, but he has been brainwashed by the car industry. |
| 1:10.1 | And can I tell you, car salesmen have some of the worst money habits. |
| 1:13.6 | If I had to generalize that I've ever seen in my life, |
| 1:16.1 | have you seen these TikTok videos that have been going viral? |
| 1:18.8 | Tell me about this. |
| 1:19.7 | They go to car dealerships and they go to the staff at the car dealership and they say, |
| 1:23.1 | what is your payment, what car? |
| 1:24.9 | These people have like $900 a month payments on these cars. They are so all about their ego. They want to look good. And they say, well, you got to get a new car. It's like asking a dentist if you should get your cavity filled. And so I would strongly encourage you to not take your dad's advice when it comes to buying this car. |
| 1:43.7 | I mean, I think it's kind of like somebody who packages drugs telling you that a little bit of |
| 1:47.9 | drugs are okay. Yeah. You know what I mean? It's a little bit too biased. He's a little too close to it. |
... |
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