Your Dream Truck Might Be the Next DeLorean

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5 • 839 Ratings

🗓️ 15 August 2022

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Joining me today is Ramsey personality, Ken Coleman.
0:15.6	John is with us. John's in Reno, Nevada.
0:18.0	Hey, John, how are you?
0:19.4	Doing well. How are you?
0:20.4	Better than I deserve. What's up? So, I know you say never buy a, Nevada. Hey, John, how are you? Doing well. How are you? Better than I deserve. What's up?
0:22.4	So, I know you say never buy a new car. I'm in a bit of a unique situation.
0:26.3	No, I say never buy a new car to you a million-dollar net worth.
0:31.3	So I've been wanting to get a truck for a while. I have a pre-order reservation for
0:35.0	a Rivian truck, which is this electric truck coming on the market.
0:37.7	Yeah.
0:38.2	Because I put a reservation in a while ago, my reservation price is like $78,000.
0:43.2	Current price is down $100,000.
0:45.8	I'm wondering if I should be considering buying this truck below 20% below MSRP,
0:50.8	or if I should get something used like a Tacoma or a ranger for about half the price.
0:54.8	I'll be paying cash for either.
0:56.5	I want to get your thoughts.
0:57.6	What's your net worth?
1:00.4	About 5 to 600K.
1:02.6	Mm-hmm.
1:03.4	You should buy a used car.
1:05.7	All right.
	...

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