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

Posted on 6/9/15 at 10:46 am to
Posted by LNCHBOX
70448
Member since Jun 2009
84535 posts
Posted on 6/9/15 at 10:46 am to
quote:

So for someone like me who is just now getting my finances in order, I don't have the cash in the bank to throw $10k at a new vehicle.

So buy a brand new "beater" car for under $13k. It will have zero miles, a warranty, just as many features as "better" older cars, and you can drive it into the ground. Won't have any problem getting a new car financed, and you'll be able to maintain it correctly.

Posted by StringedInstruments
Member since Oct 2013
18569 posts
Posted on 6/9/15 at 10:52 am to
quote:

So buy a brand new "beater" car for under $13k. It will have zero miles, a warranty, just as many features as "better" older cars, and you can drive it into the ground. Won't have any problem getting a new car financed, and you'll be able to maintain it correctly.


You know of a brand new $13k vehicle that can transport two kids, a dog, and luggage? I also have a pop-up trailer which saves on hotel costs and allows for some extra vacation opportunities. Weighs about 2k pounds.

If you know of one that can handle that, I'm all ears.
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