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

There are a few issues here

1) Dave is very wealthy now, and good for him, but he's remembering what it was like to be poor 10-20 years ago.

2) Cash for Clunkers sucked a bunch of used cars out of the market and replaced them with new cars that are still running very well

3) Dealers are playing games on trade-ins, offering artificially high prices om trade-ins to get people into a new car. They then believe this artificially high price is the base at which they must now sell this used car.

4) There is still one way to get an awesome deal on a used car: the auto auction. However, you need to be a dealer to go and bid. My FIL bought a 10 year old compact car for my niece for $900. Had 104k miles. Needed new tires and about $300 in engine work and it runs like a top now. His buddy has a dealer license so he went with him to get it.