Being in debt with a 75k broken car that doesn’t run just to say”I drive an Audi” with a 65k salary is right on-par with the financial literacy in 2024.
She wasn’t planning on driving it. Her genius plan was to use it to make money with short term rentals. She was planning to just drive her other vehicle until it was stolen. However, people tend to be careless when it’s not their stuff and put a lot more miles on it so that could be part of the reason for the Audi needing repairs.
The question we should be asking is this type of car brand new is in the 80K range for the 2024 model year. She said it was 2019 meaning it was already out of warranty last year when she bought it due to miles most likely. So in what world is a 2019 Audi Q8 out of warranty worth 75K when she bought it? She also got duped into buying an after market warranty and most likely not the one Audi sells. Those are notorious for scamming people and not covering anything. Obviously hearing her talk you can tell she wouldn't know a good deal if it hit her straight in the face so they hosed her good at that dealer.
“No you didn’t get screwed… you chose this.” True words. Car payments are ridiculous. Whether you make $1600 a month, or spend $1600 a month on a car, you sit in the same traffic and turn your car into a fart box like everyone else.
@@michaelwebber4155 you can be rich and have nice cars. This Audi owner is dumb, probably doesn’t know how to maintain a car. You can be rich and drive nice cars and not average cars like Toyota.
"I got screwed!" Takes no responsibility at all for financially shooting herself in both feet. People think they are entitled to luxury items that they cannot afford.
Yup and given the fact she doesn't sound like a car person is a recipe for disaster. Never take a car with that big of a problem to a dealership. They will charge 2 to 3 times what an independent shop would for the same repair.
She’s the type of girl who wouldn’t give her “Prince Charming” the time of day because he drives a paid-off 2002 Honda Civic. Yet here she is with $100k in debt and ZERO savings.
I don't think the people negatively commenting understand how cool and sophisticated she looked in that luxury car. The peasants in their Hondas with savings just don't get it.
I bought a shit box for $800 just to get from point A to point B never broke down ever, everything in it works. it just looks ugly, but hey , transportation is transportation.
THIS VIDEO is exactly why a lot of people don't like student loan forgiveness. She could have gotten a normal car like the rest of us and paid off those student loans.
Agreed. So many people will go out and do stupid financial choices again. There are people out there who will be thankful for it. Those are few unfortunately.
Also, people who didn’t attend college shouldn’t be forced to pay the loans of people who signed for the loans and promised to pay them back. Maybe someday there will be mortgage forgiveness. I’m getting a mansion!!
I worked for credit union. There was a workshop on buying a car for employees. One of the things that still sticks with me today is they always suggested buying a car in cash or financing for 36 months max. If you have to finance for 5 years or more you cannot afford the car.
If you have to finance it at all, you can't afford it. People seem to have difficulty understanding what "afford" means. If you don't have enough money to pay for it, you can't afford it. Having enough of someone else's money doesn't count.
@@thomasdalton1508 Lol, i'll be sure to tell the people i know who make 7 figues and have 8 figures in the bank that they can't afford the $80k car they finance. When you make more on investment than you pay in interest, you're stupid to pay cash...only DR listeners deny basic math.
@@targetegrat A house is different for several reasons. 1) House prices generally go up, so it is an investment. You are very unlikely to end up in negative equity on a house. That means you always have the option to just sell it and get out of the debt. You are pretty much always in negative equity on a car. 2) You need somewhere to live, so you are either paying a mortgage or you are paying rent. If you are in a position to buy, it is much better to be paying a mortgage than paying rent. You don't need an expensive car. You can either get something very cheap or you can use public transport. 3) Hardly anyone is going to ever be able to save up to buy a house in cash. After paying rent and basic living costs, you aren't going to have enough left over to save up the entire price of a house before you reach retirement age. If you are going to buy a house, a mortgage is the only way to do it. Saving up to buy a car is a much more realistic prospect.
I checked Edmunds just to see if maybe you were exaggerating and nope, lots of used ones with low miles for the mid to high 30's. She got royally f---ed on this car. Holy crap. I've rarely seen someone so screwed on a car as this.
@@Kryptic1046 She didn't get anythinged. She made a stupid decision. Who the hell buys a 5-year-old high end Audi? You can just buy a $18,000 budget car brand new, have full warranty, and most of the gadgets will likely be the same due to simply being 5 years newer.
@@lauren4078 What if the interest rate is low? Our car payment didn't make us poor nor will it make us poor..Actually, we crossed a 7 figure net worth while having a car loan...
I could have bought my car in cash but chose not to. The interest rate is very low. I never take the full amount of time given to pay it off. My financial advisor says the only reason to pay off my loan is for an attaboy since I make several times as much interest money off my investments than I pay in interest on my vehicle note.
@IrisP989 There's a difference between having a networth of 35k and a 1k a month payment. And 1 million with a 1k a month payment. Also the 1% is still interest your paying. It's a myth that if you can earn 7% in the stock market then having a payment on something with a lower percentage you should invest. Its based off of completely flawed math. I can generate examples where it's always better to pay off before you invest. More examples where you break even and it doesn't actually matter what you do. And yes.. examples where its better to make payments over the long haul and invest. All three are possible and the comparison of interest rates do not tell you which one of those it is. It's completely flawed.
This girl is a walking "Buy what you can't afford to impress people you don't like." She seems extremely clueless starting with the fact that her math ain't mathin. Sorry but can't feel bad for her at all.
I don't hear a victim. I hear someone who's living beyond her means and wants a certain lifestyle she currently can't afford. Sounds young. Hope she clears this up and learns from it. In what world does a responsible lender even approve her? That's insanity.
What is wrong with people? I make 90k and drive a paid off 2011 CRV I bought for $8k. I’ve been wanting to upgrade to a 2013 Lexus for years but the thought of spending 20k on a car is nuts to me so I haven’t pulled the trigger. 70k on a vehicle and you make 65? People are insane out here
@@nealp885so if “everything works fine,” what’s the problem? Why not keep driving it till it gets to the point that it’s having problems and save and/or invest in the meantime?
She should get a second opinion. I was almost scammed by an auto shop claiming my car engine was seized . Turns out it was not! Only 1,100 for repairs instead of 14,000$ for a new engine
It does not cost $20,000 to put in an engine in an Audi, maybe warranty in covering rebuilt and dealer is talking new, plus some other kind of repairs too.
Yes!! Get a second opinion and research the issue. We were told we needed a new HVAC unit when our heater was making a loud noise. We googled the issue and part. Ordered the $80 part, my husband installed it and works like it was new.
You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.
Hearing calls like this genuinely blow my mind.. I never even thought about doing something like that as a 20 year old, must just be how I was raised or something.
I always question that on these calls too. I was (relatively) poor when I was young, and I knew it. I did buy a car at 20, but I bought it with $3000 cash.
@@djsone3499 We were broke and we knew it. I was drivin' around an '84 Toyota Supra with 182,000 miles on it that I bought for $1200 when I was 20. I couldn't have even imagined going out and financing a 75K car. This girl is effin' nuts.
Honda refused to pay for a repair that was their fault right after I purchased my vehicle. I had a loaner vehicle. I got them to initially agree that until my vehicle was fixed, I could keep the loaner vehicle. I basically explained that I would appeal any denial of service that I believe was their fault to corporate and since I got to keep the loaner vehicle for as long as possible, I would be patient. The dealership agreed to pay for the repair less than a day later
I used to own a brand new BMW always gave me trouble it’s a money pit. I would never own German cars again. Honda and Toyota are most reliable cars companies and I would recommend!
Same here. I've leased Range Rovers, Porsche, Audi and BWV. Almost twice a month in a shop on Saturday. Went to a Toyota 4Runner. No issues in 5 years. No more UK/German cars for me ever!!
Congratulations, *DaleValskov* I am relieved that you are out there fighting these thugs, We musttake every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to You!! You deserve the Nobel Peace Prize for ensuring our security.
I had a brand new Honda Si and the fuel injectors went sideways three month in and the dealer fixed it for free, also got a free exterior paint job on whole car on a recall and seal around the windshield broke down after two years and it was replaced and I sold the car after that.
@@MiahV007 She should get a monthly supply of it with each payment. Just thinking about that payment is giving me indigestion and it's not even my problem.😆😆
I'll answer that. First they see something that catches their eye then they take it for a ride and they fall head over heels in love with it and then a salesman with a spikey tail horns on his head and a forked tongue talks sweet words while handing them a pen
It's 2024- the car is a 2019. I doubt any lemon law applies. Also, she kept referring to "the warranty company" meaning that this is not Audi, she was dumb enough to buy an aftermarket warranty.
It isn't the cellphone. They are fine. It's that far too many people want to either use speaker phone or not hold the phone to the side of their face. They often hold the phone like 2 feet away in front of them. You will often see this with people who are always on the phone but not talking about anything important
She was renting it out on Turo.😂 That's Dumb as hell. People who rent cars BEAT THE HELL out of them. You need hardcore insurance and a bunch of money saved up to try to make that work.
90% of the phone calls that come into this show are people buying things they can’t afford to impress people they don’t even know. It’s not rocket science to make wise financial decisions.
*DaleValskov* has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures
Status. Prestige. Showing off to girlfriends you don't really like. Sticking your nose in the air to other drivers while you're stuck in the 5 p.m. commute home. Telling yourself that you're "special" and "deserve it."
The efficiency of this *DaleValskov* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!
2:15 Good plan George. That will show them (sarcastic). One of their customers not sleeping while constant complaints go into voicemail or junk email folder.
Never take the complimentary line of coke that the salesperson offers you. But seriously, there's no way she'd get $30k for a 2019 with a blown motor. This might bankrupt her.
I drive a 2008 Toyota with 180k miles on it. Works beautifully, no issues at all. Wife drives an Audi Q7 which needs repair all the time. And it’s expensive! Fun to drive though… Always pay cash for our cars. We make about $600k with a networth of close to $8M in our late 40s!
Did she ever even change the oil? Bought a used vehicle for 75k @ 12% interest with a payment of $1600/mo - just Wow. That's 2 times my House payment! Coworker bought a used vehicle at a high interest rate- never changed the oil...and her engine blew up...with years left on her loan.
Owned a few VW/Audi cars. They do absolutely have more issues than Lexus, but most people run into issues cause they’re in positions like this woman and skip doing maintenance. German cars will punish you if you skip servicing.
Not true, but they do require knowledgeable owners and preventative maintenance. Your average muppet who knows nothing but oil changes is not going 300k miles in a modern German car. Those people need to stick with something simple, outdated, and low performance, like Toyotas.
@@FR-tb7xh A quarter of a million miles was put on each of the SEVEN Toyota product I have owned, and they were all running fine (minus an oil leak) when I got rid of them. My scion has 260,000 miles. It does seem like Mercedes has makes some reliable cars, but it is very common for VW, Porsche, BMW and Audi to put out lemons with hard to get parts and costly repairs.
@@Nardaa-ox3be The timing belt broke prematurely on mine, had to replace the engine. Don't know if they've fixed that. My manual shift Corolla was a great car. Snowy climate, dirt roads, it kept going. Further back the Mazda 626 (manual) was also excellent. I sold those cars when I moved or needed a truck, not because they broke down. Now I have a Subaru and like that as well, though the panels keep popping apart.
Same. My mortgage is down to $74K. I cannot imagine buying a car more than 100% of my gross income. I often wonder how so many people drive expensive cars. This is why. Using her math of car purchase to income…I would be buying a $250K vehicle!! This girl is insane.
IS THIS FOR REAL? $1600 car payment at 12%. Absolutely insane. All for what? To impress people who don’t give 2 craps About you. How about a used Honda Civic or Toyota Camry. No payment. People are going to keep learning the hard way.
I see them everywhere!!! Supposedly the economy is doing really bad but I cannot begin to tell you how many $40,000 to $70,000+ cars driving around. And even for those that can afford it, I say why? Are you that deplete of self esteem that you need that vehicle. It's sad. For me, I don't need an expensive vehicle to have self esteem or worth!!
She thought Turo would pay for it. There was a brief period during the pandemic where you could make a small fortune on Turo, of course the market corrected and that disappeared.
And if they were impressed probably someone u don’t want to know. Impress someone get an old classic you can maintain. That’s impressive it has value and it’s not expensive to fix. 🙄
@@jecrpalier Right. Agreed 100%. Whenever I see older daily driver cars, I can’t help but smile. I drive an 02 Mitsubishi Montero that runs phenomenal. Wife has an older Rav 4, daughter and son both have older Hondas and I will never buy anything new. I work on and maintain all of ours cars and When these can’t be repaired anymore, I will buy cash only cars.
I always find it so ironic how people who have and make a lot of money drive old paid for vehicles and broke people drive brand new ones that they literally can't afford in any way heck even the cost of maintenance on a German luxury car isn't cheap
Yeah I had a 2009 Audi A4 that lasted me for 10+ years. Very reliable car because it didn’t use a turbo engine, all N.A. But these newer Audis are just complete junk.
I bought a $55k used Audi. Paid cash. Still has the manufacturer’s warranty on it. Will be selling it 3 months before the warranty expires. The caller has a 3rd party warranty or an extended warranty that isn’t full coverage, not the original manufacturer 5yr warranty.
My heart goes to the entire community for *DaleValskov* building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
This lady needs someone to verify that the engine is failed. Shops are notorious for misdiagnoses or lying. As an Automotive Inspector I have found multiple major repairs requested from a shop. 1st time shop thought they had repaired the vehicle; 2nd time taken to shop same problem, now needs engine replaced. Shops love customer pay jobs and warranty companies aren't the brightest bulb on the planet. I don't usually comment on anything, but she needs help to verify engine needs replaced.
I did not believe that after the whole FTX drama there's any good to get this year but *DaleValskov* proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth
Being in debt with a 75k broken car that doesn’t run just to say”I drive an Audi” with a 65k salary is right on-par with the financial literacy in 2024.
She wasn’t planning on driving it. Her genius plan was to use it to make money with short term rentals. She was planning to just drive her other vehicle until it was stolen. However, people tend to be careless when it’s not their stuff and put a lot more miles on it so that could be part of the reason for the Audi needing repairs.
The question we should be asking is this type of car brand new is in the 80K range for the 2024 model year. She said it was 2019 meaning it was already out of warranty last year when she bought it due to miles most likely. So in what world is a 2019 Audi Q8 out of warranty worth 75K when she bought it? She also got duped into buying an after market warranty and most likely not the one Audi sells. Those are notorious for scamming people and not covering anything. Obviously hearing her talk you can tell she wouldn't know a good deal if it hit her straight in the face so they hosed her good at that dealer.
@@andidede3653she's not telling the truth, or giving the full story that's why.
@@andidede3653 I wonder if the warranty can be made to pay anything due to the way she is using it ??
Yep!
“No you didn’t get screwed… you chose this.” True words. Car payments are ridiculous. Whether you make $1600 a month, or spend $1600 a month on a car, you sit in the same traffic and turn your car into a fart box like everyone else.
Sounds like u settled for a Toyota like a broke person
@@MooMoo69556 I think you missed the part of the video where the Audi owner is the broke person, not the Toyota driver 😂
@@michaelwebber4155 you can be rich and have nice cars.
This Audi owner is dumb, probably doesn’t know how to maintain a car. You can be rich and drive nice cars and not average cars like Toyota.
I dig your fart box analogy at the end 😂
@@MooMoo69556ur black
Makes 65k, car is 75k, and she has no savings. I just don’t even understand the mentality of some people…like what are you doing?!?
This is Houston. People spend more on their car/truck than on their house. I'm on BS7 and just bought a 21k used car with cash.
You forgot that THEY screwed her 🤦🏽♂️
@@freedomisnotnegotiableshe screwed herself
This is how young people today spend their money.
I understand. She wanted to look rich. It's that simple. That is all that mattered.
This girl is the dealerships favorite customer 😅
Yes indeed! Lol
Lol yes and they like her for the wrong reasons lol
"I got screwed!" Takes no responsibility at all for financially shooting herself in both feet. People think they are entitled to luxury items that they cannot afford.
You're right! She bent over and screwed herself!
She screwed herself because she was a fool.
@johnsineni *is. She was also renting the car on Turo and now the engine is toast with 12% APR 😂
She rented it out and likely did no maintenance.
Don’t buy a fancy European car if you can’t afford for it to spontaneously combust at anytime
she rented it out for a couple months... you know the engine issues are related to that. No one treats a rented car very well.
Yup and given the fact she doesn't sound like a car person is a recipe for disaster. Never take a car with that big of a problem to a dealership. They will charge 2 to 3 times what an independent shop would for the same repair.
@@notmoose8670 You know she did 0 maintenance on her rental Audi. SMH
Plus audi is vw garbage
Yup renting a 5 year old Audi on Turo is a ticking time bomb.
What could possible go wrong it’s only 5 years old, exactly what she was thinking……
And this is why the warranty will only partially cover the damage!!
She’s the type of girl who wouldn’t give her “Prince Charming” the time of day because he drives a paid-off 2002 Honda Civic. Yet here she is with $100k in debt and ZERO savings.
No savings and driving a $75k Audi making $65k a year. I’m sorry but you deserve to learn this lesson sweetie.
I don't think the people negatively commenting understand how cool and sophisticated she looked in that luxury car. The peasants in their Hondas with savings just don't get it.
@@treasurethetime2463Probably ran away from that Honda cause they kept stealing it 😂. That's what I did.
You're 100% correct. It was a massive ego buy and she should learn the lesson.
Me and my Honda making 4 times her salary and extensively more in savings are just fine 😂
@@treasurethetime2463 😂
“I have to get a car payment because If I buy a used car for $5k I’ll be paying every week for repairs!”
Yeah ppl use that argument as if a car on payments can't break down. Always cracks me up.
Then buys a German car haha
I bought a shit box for $800 just to get from point A to point B never broke down ever, everything in it works. it just looks ugly, but hey , transportation is transportation.
Cause none of you can fix anything u own. But u know the Kardashians lifestyle don’t u? 😂
THIS VIDEO is exactly why a lot of people don't like student loan forgiveness. She could have gotten a normal car like the rest of us and paid off those student loans.
Agreed. So many people will go out and do stupid financial choices again. There are people out there who will be thankful for it. Those are few unfortunately.
You are absolutely right!
Also, people who didn’t attend college shouldn’t be forced to pay the loans of people who signed for the loans and promised to pay them back.
Maybe someday there will be mortgage forgiveness. I’m getting a mansion!!
I worked for credit union. There was a workshop on buying a car for employees. One of the things that still sticks with me today is they always suggested buying a car in cash or financing for 36 months max. If you have to finance for 5 years or more you cannot afford the car.
If you have to finance it at all, you can't afford it. People seem to have difficulty understanding what "afford" means. If you don't have enough money to pay for it, you can't afford it. Having enough of someone else's money doesn't count.
@@thomasdalton1508 Lol, i'll be sure to tell the people i know who make 7 figues and have 8 figures in the bank that they can't afford the $80k car they finance. When you make more on investment than you pay in interest, you're stupid to pay cash...only DR listeners deny basic math.
@@thomasdalton1508 With your logic the same goes for the mortgage too. So I guess we are all broke.
@@targetegrat A house is different for several reasons.
1) House prices generally go up, so it is an investment. You are very unlikely to end up in negative equity on a house. That means you always have the option to just sell it and get out of the debt. You are pretty much always in negative equity on a car.
2) You need somewhere to live, so you are either paying a mortgage or you are paying rent. If you are in a position to buy, it is much better to be paying a mortgage than paying rent. You don't need an expensive car. You can either get something very cheap or you can use public transport.
3) Hardly anyone is going to ever be able to save up to buy a house in cash. After paying rent and basic living costs, you aren't going to have enough left over to save up the entire price of a house before you reach retirement age. If you are going to buy a house, a mortgage is the only way to do it. Saving up to buy a car is a much more realistic prospect.
$1600/month for a car? That’s more than my mortgage payment. No way will I pay that much per month for a car
Mine to
My house payment is $1400.00.
My mortgage payment is $565. I’m definitely not dealing with that car.
There are people with similar payments for pretty boring cars like Kia and Ford SUVs
@donaldjohnson-ow3kq I stay in Woodstock Georgia 😊
75k with a 12% APR!! That’s 9K a year! She trippin buying that car.
$9k a year... I paid $11k for my used car total. haha
to be fair, mine is a basic toyota and not an, Audi
@@zybard01great job! I drive a 2003 Toyota echo! Has 109k miles on it 😅driving it till the wheels fall off!
And if she’s paying 12% interest, her credit stinks too. Foolishness.
@@zybard01 And I bet you can't kill it with a stick. Chance are it'll still be running when you quit driving.
@@ShutterSpeedGamingthat has got to be the most uninspiring car ever 😅
she owes 65k on a vehicle that on average is worth 35k, if it were running. This is insane.
I checked Edmunds just to see if maybe you were exaggerating and nope, lots of used ones with low miles for the mid to high 30's. She got royally f---ed on this car. Holy crap. I've rarely seen someone so screwed on a car as this.
Dang man she got hosed real bad. I couldn't imagine any audi being worth this except maybe she bought an R8?
It's worth $10k, not $35k lmao
@@Kryptic1046 She didn't get anythinged. She made a stupid decision. Who the hell buys a 5-year-old high end Audi? You can just buy a $18,000 budget car brand new, have full warranty, and most of the gadgets will likely be the same due to simply being 5 years newer.
@@OtisFlint IF it were running, it would be 35k.
I'm with Dave on this: I will never finance another car. If I can't buy it with cash then it is NOT the right car for me.
Me too❤
My husband and I totally agree. Car payments keep people poor.
@@lauren4078 What if the interest rate is low? Our car payment didn't make us poor nor will it make us poor..Actually, we crossed a 7 figure net worth while having a car loan...
I could have bought my car in cash but chose not to. The interest rate is very low. I never take the full amount of time given to pay it off. My financial advisor says the only reason to pay off my loan is for an attaboy since I make several times as much interest money off my investments than I pay in interest on my vehicle note.
@IrisP989
There's a difference between having a networth of 35k and a 1k a month payment. And 1 million with a 1k a month payment.
Also the 1% is still interest your paying. It's a myth that if you can earn 7% in the stock market then having a payment on something with a lower percentage you should invest. Its based off of completely flawed math. I can generate examples where it's always better to pay off before you invest. More examples where you break even and it doesn't actually matter what you do. And yes.. examples where its better to make payments over the long haul and invest. All three are possible and the comparison of interest rates do not tell you which one of those it is. It's completely flawed.
Congratulations! You're living the american dream
😂
😂😂😂😂😂
😂
nightmare
So many young people in so much debt. It's beyond ridiculous how society believes all this debt is okay and a normal part of life.
This girl is a walking "Buy what you can't afford to impress people you don't like." She seems extremely clueless starting with the fact that her math ain't mathin. Sorry but can't feel bad for her at all.
I don't hear a victim. I hear someone who's living beyond her means and wants a certain lifestyle she currently can't afford. Sounds young. Hope she clears this up and learns from it.
In what world does a responsible lender even approve her? That's insanity.
Ha! "Responsible lender" is an oxymoron (think, "jumbo shrimp," "airline food," "Cuban economy"...).
You gotta pay to be boojiee right? Such a lie! I have a 2000 Subaru Outback 2.5L with a 5 speed manual.
@@johnc2438 ... government efficiency
I wonder if she lied about her income perhaps!
If you are a single man in Houston and meet this woman, run away - fast!
she sounds cute
Tell me where she is!!
I can fix her
As F&F say, These type of women are only meant for recreational use only . But It’s always best not deal with these women all together.
@@Hdhfhhdh That’s all well and good till they poke a hole in the rubber while you’re not looking…
What is wrong with people? I make 90k and drive a paid off 2011 CRV I bought for $8k. I’ve been wanting to upgrade to a 2013 Lexus for years but the thought of spending 20k on a car is nuts to me so I haven’t pulled the trigger. 70k on a vehicle and you make 65? People are insane out here
I make 75k with a 2013 VW Jetta worth maybe 4k that my parents gave me, everything works fine. Want to buy something but don’t know what.
@@nealp885whatever you buy make sure it’s a Toyota.
@@nealp885so if “everything works fine,” what’s the problem? Why not keep driving it till it gets to the point that it’s having problems and save and/or invest in the meantime?
@@stefanossmitty3318 Well it's a want not a need for me. I want a W204 C63 AMG Mercedes really as a secondary "fun" car.
@@ShutterSpeedGaming or Honda...
She should get a second opinion. I was almost scammed by an auto shop claiming my car engine was seized . Turns out it was not! Only 1,100 for repairs instead of 14,000$ for a new engine
It's under warranty, unless she takes it to another audi dealer she will void any warranty coverage
@@UsernameUnkwn21 oh I see gotcha
It does not cost $20,000 to put in an engine in an Audi, maybe warranty in covering rebuilt and dealer is talking new, plus some other kind of repairs too.
@@TheDjcarter1966 definitely some over charging in there.
Yes!! Get a second opinion and research the issue. We were told we needed a new HVAC unit when our heater was making a loud noise. We googled the issue and part. Ordered the $80 part, my husband installed it and works like it was new.
It's good to listen to people, learn from their mistakes
I don’t feel bad for this woman one bit. You really can’t help some people…
Can’t fix stupid!
Too bad her parents couldn't teach her even basic personal finance.
Agreed
@@deirdrekiely6187or she could have gone against her parents teachings. See it all the time, kids make a little money and have 0 patience to save
You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.
I was an idiot with car decisions into my 30s. Cars keep people poor
I too.
Same here. Lots of regrets but no changing it now, except going forward I don't plan on ever financing a car again
@@ShawDAMANTrue! She has to move forward and come up with a plan.
@@ShawDAMAN So glad I found Dave Ramsey´s system. No debt,
After listening to Dave Ramsey I totally agree
Hearing calls like this genuinely blow my mind.. I never even thought about doing something like that as a 20 year old, must just be how I was raised or something.
I always question that on these calls too. I was (relatively) poor when I was young, and I knew it. I did buy a car at 20, but I bought it with $3000 cash.
@@djsone3499 We were broke and we knew it. I was drivin' around an '84 Toyota Supra with 182,000 miles on it that I bought for $1200 when I was 20. I couldn't have even imagined going out and financing a 75K car. This girl is effin' nuts.
Me too! I was never taught,but some things are common sense and just don’t feel right to do. $1600 a month…my heart would drop!
Honda refused to pay for a repair that was their fault right after I purchased my vehicle. I had a loaner vehicle. I got them to initially agree that until my vehicle was fixed, I could keep the loaner vehicle. I basically explained that I would appeal any denial of service that I believe was their fault to corporate and since I got to keep the loaner vehicle for as long as possible, I would be patient.
The dealership agreed to pay for the repair less than a day later
I used to own a brand new BMW always gave me trouble it’s a money pit. I would never own German cars again. Honda and Toyota are most reliable cars companies and I would recommend!
Same here. I've leased Range Rovers, Porsche, Audi and BWV. Almost twice a month in a shop on Saturday. Went to a Toyota 4Runner. No issues in 5 years. No more UK/German cars for me ever!!
My BMW has 267k miles. No major issues
1600.00 payment my mortgage is 846 a month. She was crazy to sign that loan.
No... she's stylish and modern and woke!
It's called being FINANCIALLY ILLITERATE. Most of America's youth suffer from this.
Yes indeed!
Congratulations, *DaleValskov* I am relieved that you are out there fighting these thugs, We musttake every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to You!! You deserve the Nobel Peace Prize for ensuring our security.
No one will give her 30k for a car with no motor . And that dealer is screwing her over with that warranty and needs to fight for that .
I had a brand new Honda Si and the fuel injectors went sideways three month in and the dealer fixed it for free, also got a free exterior paint job on whole car on a recall and seal around the windshield broke down after two years and it was replaced and I sold the car after that.
I was thinking this too. 2019 Q8s are going for like $40-45K, so $30K for a chassis is with no motor is a rip off
@@_CPerk More like $35k now, used market is way down. In need of an engine, it's a $10k car.
Renting the car out she might need a commercial warranty.
@@OtisFlint$10k is what I was thinking too.
$1600 a MONTH? For an Audi Q8? I would literally have heart palpitations every time I wake up.
You and me both!
Don't forget the indigestion.
For a regular old Q8 that is 5 years old. She is legit crazy. I would not be using a 5 year old Audi on Turo, and she found out why the hard way.
@@Consistent-Penalty71 😆 I hope the car note includes pepto bismol.. because my stomach just couldn't do it
@@MiahV007 She should get a monthly supply of it with each payment. Just thinking about that payment is giving me indigestion and it's not even my problem.😆😆
What a nightmare situation to be in.
Yes! The stress she has to be feeling! Scary!
Imagine how wealthy she'd be if the $1,600/mo was going towards investments instead
Like many people I know she will realize this when it’s too late and close to retirement age.
that's exactly what clicks in my brain when i heard about people with even $500/mo car payments..
You are right about that. More people need to know about Dave’s plan.
@@MooreMathTutoring😂 yeah Dave's plan the ORACLE follow the old wise boomer ORACLE 😂
Assuming she has a 6 year loan, at 7% returns, she'd end with $145,000 in her pocket.
No wonder the engine is gone. Everyone that rented that car was flat footing it everywhere. Not one person treated that car as if it was their own.
What goes into ppl's brains when they're about to sign the deal?
Absolutely nothing.
“I can’t wait to impress my neighbor across the street, who isn’t even thinking about me at all, and they won’t even care”
@@daveblackman816this! 😂
@@daveblackman816 "I can't WAIT to impress people at the stoplight for 8.09 seconds! I hope they look at how stylish I am 😌"
I'll answer that. First they see something that catches their eye then they take it for a ride and they fall head over heels in love with it and then a salesman with a spikey tail horns on his head and a forked tongue talks sweet words while handing them a pen
Making $65k a year and bought a $70k Audi??? What was she trying to prove?
That she’s better than her friends and neighbors.
@@Nardaa-ox3beRight
It costs to be boojiee right? Cant have it both ways!!!
Definitely trying to prove something to someone.
75k*
I looked at an Audi A6. Nice car. I bought a Subaru. I could have paid cash for the Audi but I'd rather spend those dollars on other things.
Getting a used Audi was the first mistake in a big pile of mistakes. This is so horrible. I really do feel bad for her.
Yes, I do too.
You didn't get screwed you chose this. Facts
When you're @2:59 be certain to not be sipping your coffee.
I’m at the gym with headphones in. I audibly just said “woooow” outloud.
@@daveblackman816 😂😂😂
The caller is insane.
Fatality.. if you can't get Audi to lemon law this, hire a lawyer. You won't be coming back from this financially without legal action.
Ha I like the Mortal Kombat reference!!
It's 2024- the car is a 2019. I doubt any lemon law applies. Also, she kept referring to "the warranty company" meaning that this is not Audi, she was dumb enough to buy an aftermarket warranty.
Lemon law only applies to new cars. She bought it used. Was probably a Lemon Audi bought back from someone else 😅
I miss the time when people would call in to radio shows on a landline instead of a crappy-sounding cellphone.
yes, I missed chunks of her rambling story too
It isn't the cellphone. They are fine.
It's that far too many people want to either use speaker phone or not hold the phone to the side of their face. They often hold the phone like 2 feet away in front of them. You will often see this with people who are always on the phone but not talking about anything important
She was renting it out on Turo.😂
That's Dumb as hell.
People who rent cars BEAT THE HELL out of them.
You need hardcore insurance and a bunch of money saved up to try to make that work.
Renting out on Turo and the engine blew..... checks out hahaha
I can’t even breathe when she layout the loan , interest rate and income!!!!!
Yea it’s crazy!
90% of the phone calls that come into this show are people buying things they can’t afford to impress people they don’t even know. It’s not rocket science to make wise financial decisions.
Don't be fooled, a dealership will let you do stupid if you want to do stupid.
You are right about that!
They’ll give you a PhD in D-U-M-B 😂
It's amazing what you do *DaleValskov* We need a lot of people with your skills and set who have good intentions and spread love
Advertising scam coin with a scam account. Let me throw money at you!!
*DaleValskov* has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures
We're being trolled here folks, this has to be a prank call! 😄😂🤣
I think it was. MSRP was 68k for the highest end model. No way it's cost 75k 5 years later.
Nah, they’re real. I used to be one of them.
@@jimmymcgill6778 She bought a couple of years ago, surely paid the pandemic price. Plenty of used cars were selling for more than new back then.
There are people who do stuff like this. That's why debt is so high.
sounds like she tried to play scam games and got caught up. The old car was stolen and never found…. Riiiiiiiiight.
That’s crazily insane. Where do you wanna start from. Why do people buy cars that expensive?and German make for that matter.
Status. Prestige. Showing off to girlfriends you don't really like. Sticking your nose in the air to other drivers while you're stuck in the 5 p.m. commute home. Telling yourself that you're "special" and "deserve it."
i wouldn't buy a german car unless i lived in germany... too expensive to work on over here.
The efficiency of this *DaleValskov* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!
Stop spamming!
I was wondering if I should lease a car. Nevermind! If it gets stolen, insurance wont cover it?? What the heck. Major risk.
Someone would be stealin this one too….
Someone is trying to look rich, and it backfired!! Lesson learned, hopefully! 🤦♀
65k after taxes is 49K.
2:15
Good plan George. That will show them (sarcastic). One of their customers not sleeping while constant complaints go into voicemail or junk email folder.
Never take the complimentary line of coke that the salesperson offers you.
But seriously, there's no way she'd get $30k for a 2019 with a blown motor. This might bankrupt her.
I drive a 2008 Toyota with 180k miles on it. Works beautifully, no issues at all. Wife drives an Audi Q7 which needs repair all the time. And it’s expensive! Fun to drive though… Always pay cash for our cars. We make about $600k with a networth of close to $8M in our late 40s!
I'm waiting for somebody to say: "live from NY, it's Saturday night."
Did she ever even change the oil? Bought a used vehicle for 75k @ 12% interest with a payment of $1600/mo - just Wow. That's 2 times my House payment!
Coworker bought a used vehicle at a high interest rate- never changed the oil...and her engine blew up...with years left on her loan.
Thats $22 a day in interest
Audis and other German cars are notorious for poor reliability, needlessly complex repairs and high repair costs.
I think this was a prank to see how many times the caller was able to say vee-hickle
Yea, ill stick to Lexus for sure. Thanks for the reassurance.
Owned a few VW/Audi cars. They do absolutely have more issues than Lexus, but most people run into issues cause they’re in positions like this woman and skip doing maintenance.
German cars will punish you if you skip servicing.
Lexus is Toyota so I don’t blame you. 😊
Same! My 2016 Lexus gives me no problems. I’m riding this car til the wheels fall off!
Yah, Lexus is ok, a Toyota with better interiors. Watch new ones, there are starting to show problems here & thsre
@@ImGriffinP So if you maintain them, you think they will be more or less trouble free?
You know what I owe on my cars? 0.
Amazing!!!
German vehicles are not good everyday, rack up miles vehicles. They are garage queens for people with deep pockets.
Ummm … I put a quarter of a million miles on my Mercedes.
Not true, but they do require knowledgeable owners and preventative maintenance. Your average muppet who knows nothing but oil changes is not going 300k miles in a modern German car. Those people need to stick with something simple, outdated, and low performance, like Toyotas.
@@OtisFlint
I agree with you. I have a German car and the preventative maintenance requires lots of cash and the more miles means more maintenance.
💯 true. Don't touch this garbage no matter how many people claim they never have problems.
@@FR-tb7xh A quarter of a million miles was put on each of the SEVEN Toyota product I have owned, and they were all running fine (minus an oil leak) when I got rid of them. My scion has 260,000 miles. It does seem like Mercedes has makes some reliable cars, but it is very common for VW, Porsche, BMW and Audi to put out lemons with hard to get parts and costly repairs.
Oof, this is a rough one. I’d go to war with the warranty company.
Toyota. Corolla.
Or, "Honda. Civic." 🤣
Honda Accord if you wanna get fancy.
@@Nardaa-ox3be The timing belt broke prematurely on mine, had to replace the engine. Don't know if they've fixed that.
My manual shift Corolla was a great car. Snowy climate, dirt roads, it kept going.
Further back the Mazda 626 (manual) was also excellent.
I sold those cars when I moved or needed a truck, not because they broke down.
Now I have a Subaru and like that as well, though the panels keep popping apart.
Her car cost is the principal amount left on my mortgage 😮
Same. My mortgage is down to $74K. I cannot imagine buying a car more than 100% of my gross income. I often wonder how so many people drive expensive cars. This is why. Using her math of car purchase to income…I would be buying a $250K vehicle!! This girl is insane.
Yikes! I hope she reads your comment.
Does she think that continuously using the word "vehicle" instead of car or SUV waters down the stupidity?
I'm making $79k a year and in the market for a used Audi in the $30k range. Listening to this got me nervous.
Same same
IS THIS FOR REAL? $1600 car payment at 12%. Absolutely insane. All for what? To impress people who don’t give 2 craps About you. How about a used Honda Civic or Toyota Camry. No payment. People are going to keep learning the hard way.
I see them everywhere!!!
Supposedly the economy is doing really bad but I cannot begin to tell you how many $40,000 to $70,000+ cars driving around. And even for those that can afford it, I say why? Are you that deplete of self esteem that you need that vehicle. It's sad. For me, I don't need an expensive vehicle to have self esteem or worth!!
She thought Turo would pay for it. There was a brief period during the pandemic where you could make a small fortune on Turo, of course the market corrected and that disappeared.
And if they were impressed probably someone u don’t want to know. Impress someone get an old classic you can maintain. That’s impressive it has value and it’s not expensive to fix. 🙄
@@jecrpalier Right. Agreed 100%. Whenever I see older daily driver cars, I can’t help but smile. I drive an 02 Mitsubishi Montero that runs phenomenal. Wife has an older Rav 4, daughter and son both have older Hondas and I will never buy anything new. I work on and maintain all of ours cars and When these can’t be repaired anymore, I will buy cash only cars.
Danielle desperately wants to impress people. As such, Danielle is someone determined to learn a lot of life lessons the hard way.
No one is gonna pay $30K for a five year old Audi without an engine
She'll be lucky to get that for it once it's fixed.
Another proof that education isn't equal to intelligence.
🗣️ Hello, Jake from StateFarm, yeah... your car is on fire 🔥🤷♂️😂
4:04 George, caller is hoping she made $200k, too 😂 Oh goodness Wells Fargo. Girrrrrrrrllllllllll
This girl needed a $6,500 car. Not a $65,000 car.
I make $98K and drive a total crap, paid-off 2011 Kia Forte that was worth $16K in 2012.
$65,000 income.
$70,000 car.
12% interest.
At worst, she should have gotten a $15,000 car.
Makes me feel so much better about my beater ‘06 Camry that hasn’t let me down yet
Love me an old Camry!!!!
She need to find a mechanic in the hood
Hahaha I got a Vietnamese gut that replaced an engine on a Toyota Avalon for $1600 out the door.
@@notmoose8670 But it's a friggin' Audi. Good luck finding a used Audi engine that hasn't locked up.
I always find it so ironic how people who have and make a lot of money drive old paid for vehicles and broke people drive brand new ones that they literally can't afford in any way heck even the cost of maintenance on a German luxury car isn't cheap
You screwed yourself sis….. stop making poor choices
high end German cars are known for this type of thing: BenZ, BMW, Audi. Would recommend the Honda/Acura or Toyota/Lexus options for reliability
Thank you! That's helpful advice!!
Girlfriend owned an Audi...looked great but even new the random cheap crap would fall apart after less than a year...
Do NOT recommend...
Wow, who would have thought Audis are unreliable?🤪
Yeah I had a 2009 Audi A4 that lasted me for 10+ years. Very reliable car because it didn’t use a turbo engine, all N.A. But these newer Audis are just complete junk.
I know of two people who both bought used Audis, and they turned out to be EXPENSIVE pieces of crap.
I had a 2012 until 90k miles 2.0t engine and nothing broke the whole time.
I bought a $55k used Audi. Paid cash. Still has the manufacturer’s warranty on it. Will be selling it 3 months before the warranty expires. The caller has a 3rd party warranty or an extended warranty that isn’t full coverage, not the original manufacturer 5yr warranty.
Darwin is reeling this one in.
Financial illiteracy is common nowadays, sadly.
Her car payment is my mortgage payment. And my interest rate is 7.25% holy moly
My heart goes to the entire community for *DaleValskov* building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
This lady needs someone to verify that the engine is failed. Shops are notorious for misdiagnoses or lying. As an Automotive Inspector I have found multiple major repairs requested from a shop. 1st time shop thought they had repaired the vehicle; 2nd time taken to shop same problem, now needs engine replaced. Shops love customer pay jobs and warranty companies aren't the brightest bulb on the planet. I don't usually comment on anything, but she needs help to verify engine needs replaced.
It's an Audi. It failed.
@@lot2196Agreed. Audi’s are the worst cars on the road (when they actually are on the road).
"You chose this". Jade nailed it
Do not buy a used German car without a warranty.
75k at 12% interest rate. JFC.
What's JFC?
@@siva47931 Jesus F'ing Christ haha
Makes 65k, buys a 75k vehicle. 12% No savings? Lol. We need mandory financial education classes in high school.
I did not believe that after the whole FTX drama there's any good to get this year but *DaleValskov* proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth