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re: An OT topic reminded me of something Dave Ramsey is flat out wrong about

Posted on 6/8/15 at 11:34 pm to
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7227 posts
Posted on 6/8/15 at 11:34 pm to
But isn't a new camry about 18k? A year newer, no miles.
Posted by jrowla2
Colorado
Member since Jan 2007
4091 posts
Posted on 6/9/15 at 12:16 am to
Im not a Ramsey fan anymore but I think he talks about beater cars in theory and not necessarily in up-to-date facts. You're right, he's out of touch with what the used car market is. I think what Ramsey is trying to tell people is that they shouldn't go more into debt to buy a car which is out of the means. Some people have no business driving the cars they do when they have 20k in credit card debt.
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