Your Desperation Got You Screwed By The Car Dealership
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 31 July 2024
⏱️ 10 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. |
| 0:04.3 | Start budgeting for free today. |
| 0:07.3 | I'm calling because I have a vehicle that basically between the payment and the insurance is about $900. |
| 0:17.7 | And I'm not really good with finances and the slightest and I'm trying to figure out |
| 0:22.2 | what the next best step is to kind of get out of it. Basically I'm also under, I'm basically |
| 0:29.3 | under it as well. I'm definitely not going to be able to get out of it. What I paid for certain |
| 0:35.3 | and the payments are basically really, really weighing it down. |
| 0:40.7 | Okay. |
| 0:41.4 | What do you owe on the car? |
| 0:43.9 | I think the remaining balance is about 25 to 26,000. |
| 0:48.1 | Where did you get that figure? |
| 0:51.4 | That's based off of the buy from um the loan company that i used |
| 0:57.9 | okay um is it a lease yes sir okay so the early buyout is they they told you they didn't give |
| 1:09.4 | you an actual figure but you know sir it was just about |
| 1:13.0 | yeah it was about 25 is from what they'd kind of roughly get into me yeah okay all right |
| 1:18.3 | give them an email or a phone call and tell them you need in writing what the buyout is this month |
| 1:23.1 | okay okay then we know what we're dealing with with. You said you think it's around 25. |
| 1:29.1 | Is that what you said? |
| 1:30.8 | Yes, sir. |
| 1:31.5 | Okay. |
| 1:31.8 | And what do you think the car is worth? |
| 1:35.2 | Anywhere from 16 to high, like I saw in Calgo, |
... |
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