How Do I Get Out Of My $48,000 Car Loan?

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Title	:	How Do I Get Out Of My $48,000 Car Loan?
Lasting	:	5.19
Date of publication	:
Views	:	86 rb

What to do if you sell your car and no money?
Comment from : E T

Two salvage title cars, 14 Nissan Pathfinder (13,000 in 2018) and 2017 Honda Pilot (“19,000 in 2021) No car payments Cars are running like champs
Comment from : V K

I can't say I've never made financial mistakes but a car like that on a 70k salary WTF were you thinking?
Comment from : Z Jones

I have been driving for 25 years and have had about 6 cars All of them combined dont even total half of that $48k
Comment from : Hot Dogs

It's like these financial advisers think that the "junkiest car you can find" are not going to be money pits for repairs etc It's actually quite expensive to drive pieces of junk that always need some kind of repair or maintenancebrbrAlso, just assuming this guy can sell this car for 45k because you see other ones for sale at that price means literally zero
Comment from : Pogey Bait

72,000 yearly in come br6,000 a month brAverage mortgage payment 1,768$ brElectric bill 117$ brCar payment 526$brGas 175$ brGrocery 655$ brTotal 3,241 brLeftover 2,759 brThis not including the wife’s money as well brBut I’d have to say if she was making around the same amount they both would be bringing brIn over 12,000 a month and yearly income would be 144,000! They both pay half I’d think they would be sitting well especially if they were to invest and save! Budget-save-invest also these are all search’s I googled so not off of my own head 😂
Comment from : SamoanSojah

The problem is finding a buyer who's willing to buy at $44-45k That could take weeks or months Might be a little complicated too since the car is still owned by the lender
Comment from : Choury yam

Dell the car pay the difference take the fucking L
Comment from : ShotByMoo

I can’t get rid of my car even if I tried 😢 I need help
Comment from : Amandas Budgets

Go from driving a 50k ride to a clapped out rust bucket? That wont last since he already got a taste
Comment from : Tyler K

What about if I work in construction I like my jobs but it is an hour drive to get there and a 2 hour drive with traffic to get home that $2000 dollar car isn’t going to last me 3 mounts
Comment from : Jose Hernandez

Getto people would give caller better advise than these Trump university grads!brpurchase the best insurance policy and take a ride to getto and lebrpark the car there with car keys in ignition, getto people will resolve your hardshipbrLOL
Comment from : HUMAN infinity

These FINANCIAL ADVISORS must be graduates from Trump university!!!brLOL
Comment from : HUMAN infinity

caller who can’t afford car payments is advised to use his entire savings to get rid of the car,brWonderful idea!!!
Comment from : HUMAN infinity

Two IQ guys tell the caller the obvious!!brSell your car and pay the difference!! DahhhhhhhbrTHESE GUYS SHOULD RUN FOR THE OFFICE
Comment from : HUMAN infinity

People are dumb when it comes to money and debt!
Comment from : Roy Thousand

whoa the hell signs up for a car like that
Comment from : patrick

can you sell a car privately if there is a lean on the car?? up here in canada i dont think that's possible
Comment from : ashrafc

Best way to get upside-down on a car loan: Finance a used German Luxury Vehicle (Audi, BMW, Mercedes, Porsche)! German luxury cars are the king of depreciation
Comment from : Steven Fiske

My paid off 2000 Silverado and paid off 2015 Camry drives so much smoother without a bank note!
Comment from : Long Nguyen

My 2012 Honda Pilot does the same thing his car does take me from point A to point B and feel good that I don’t owe anyone money
Comment from : Freddy Rey

Tried to sell my loan yesterday I can't stand talking to salesmen They don't even try to hide their trashiness
Comment from : Lloyd Shackleton

try putting it on turo?
Comment from : Andrea Felix

You can privately sell a car you’re financing? If so how does that work?
Comment from : Devonta Carter

HELP 😭Where does the bank sign on this contract🤨🤔🤓
Comment from : south side

Audi has a bad resale values Do people not research their vehicles before they purchase
Comment from : Twin Turbo Toyota

Dude's is never going to go from an Audi to an ancient Camry or Buick
Comment from : Robert Bell

The medium price of a new car is 47k and medium price of a used is 25k Cars are expensive!
Comment from : JohnsRadios

Honestly, I’m waiting on the Ramsey Marketplace where he connects all the people he has told to buy and sell used cars over the years
Comment from : Kia828

48K for a 4 year old car (SMH)
Comment from : Betty Smith

Driving my 2010 civic feels so good
Comment from : Sandoval Bruh

Payed cash for a new car 25 years ago Still have the Honda 😁
Comment from : john cameron

I drive a 2000 Toyota Solara SLE and still can’t get a date with a woman!
Comment from : The Roo Lyfe International Show

Gomer bought a Dumb Car
Comment from : Rick Mahler

Kenny boy so proud of himself that he can use the Internet
Comment from : Massound Zandieh

the car manufacturer should be able to sell direct time to cut the con dealers out of the car business if the dealer can't provide honest value ill buy strait from ford chevy dodge or Toyota
Comment from : matthew williams

I've sold personal cars (clean title, no loan) to private buyers via CraigsList We usually meet at the DMV office, they pay me, I sign the title over, they register it, done dealbrbrFor someone who has a car loan, though, how do you sell it to a private party (via CraigsList) since you don't have a clear title to sign over to them? Is there a way to accomplish this whereby both parties have assurance of not being cheated?
Comment from : jkopvo

Audi's don't hold value like BMW or Mercedescar color matters too
Comment from : rcp11202

Sell to Carvana
Comment from : rcp11202

Three year old luxury car with 55k miles Sell it now while you can
Comment from : patty109109

audigreat
Comment from : Chaz Ath

72k salary buys a house and a 48k car? I make three times that and I would shudder at the idea of buying a 48k car
Comment from : wemustdissent

I’ll turn that in monday
Comment from : Terry Paxton

Dude if a dealer offer you 40k for this lemon Audi , you should signed this paper asap and get rid of this junk Audi maintenance fee is serious money I hope that you hurry and drive it to the dealership asap before they change their mind 🤔🤔🤔🤔
Comment from : Will Tacoma 2nd Gen

I like to do the 10 method - pay off 10/month Minimum 2k/month Painful decision require painful solutions
Comment from : Grapes For All

Ramsey Car Talk is Back!!! YES!!
Comment from : Ceo Of Companies

Try Carvana If you try every two weeks it usually goes up
Comment from : Tom Drummy

Sell the Audi private for top dollar and purchase a 5-10 year old Toyota with decent mileage
Comment from : G

Yea good luck hoping out of a Q7 into a junker
Comment from : Yup Ok

SUCKS when you realize how your poor decisions kick you in the teeth lol Now yer holding on to that sad sad mistake and make excuse after excuse HA HA HA
Comment from : Don Johnson

SO sell it to another person who will probably take out a loan for it also?
Comment from : Bubba-J Andy

I hope his $3000 junker doesn’t break down and need a $2000 transmission
Comment from : Ted Martin

If you have to borrow money to buy a car, you shouldn't be buying an expensive car
Comment from : christopher stimpson

Again with this suggestion to buy a $2000 🙄
Comment from : Pauly

3:25br“You obviously need a car”brNo u don’t brRide a bike brTake the city busbrWalk brI’m 61 and don’t own a car
Comment from : Him Bike

He's not that far upside down considering I heard much much worst
Comment from : Desert Guy

Finally, the better theme is back
Comment from : Lumaga

This makes me appreciate our 05 & 06 vehicles with rust and broken parts lol We once fell in the trap of loans and fancy vehicles It’s hard for me to not have a nice truck or suv But it’s beyond nice to not worry about a monthly payment Also nice to not care where I park either 😂
Comment from : Alicia

You cant even buy a flinstone car for $2k bucks good luck lol
Comment from : Toomey2Wheels

he can be debt free tomorrow
Comment from : Jevon Lemmermann

Haven't had car payments in over a decade Wouldnt have it any other way
Comment from : Mark G

Vroom is fantastic do it!
Comment from : Tonias Reviews

70k income with 48k car and mortgage?!
Comment from : Alfa Won

You can’t find a car anywhere for $2k
Comment from : Dylan Green

Ken is by far the most useless host
Comment from : Dylan Green

I’ve sold two vehicles to Carvana They had the highest offers by quite a bit The key is to sell to Carvana, don’t buy from Carvana
Comment from : bobsmiley06

How can GROWN ADULTS be THIS STUPID?
Comment from : Stella Rocquie

Wrong Can't find a car for 3k nowadays In theory trading up works , but not with the chip shortage the dealerships bending people over the barrel
Comment from : Relentless Entity Records

his networth is 6k, he goes buys 48k car we are dumbest nation out there
Comment from : Edge HODL

Worth remembering kids, that the guy you see driving a late model Audi Q7 is $48K in debt for it, and only makes $72K a year
Comment from : Stuart Clubb

I want to say thank you for these car videos and teaching me about not buying a new car I have $50k saved but only make $40k a year I almost bought a $24k that would of cost me $49k with full coverage and mark ups Luckily it was late and I had to go back the next day That’s when I very fortunately found Dave Ramsey Thanks a good Been binging this show since December
Comment from : Ivan Vargas

He bought and Audi on finance There's one born every minute
Comment from : Tomias Thexder

Awesome video
Comment from : Health Infinito - Free Your Mind

Dave should open up a version of craigslist and let likeminded people sell their stuff
Comment from : Born With A Purpose

Check Carvana or sell privately
Comment from : Nick M

This is stupid advice Where can u buy a 2k car that works?! These people are living in a bubble
Comment from : lIlIllll1

Intelligent comment
Comment from : Mike68

I don’t think any private buyers are paying $40k for a private individual Maybe I’m wrong
Comment from : AcreOfOrganic

I sold my truck and bought a town car sold it for more than I paid and aftet buying my town car I paid 36000 on my house
Comment from : TheMechanicj

Guy is dumb enough to buy an Audi 🙄
Comment from : dogpark77

Wait until you have to take it in for maintenance
Comment from : K T

Like another comment said really liked how Ken looked up live info on the car, they should do that more often
Comment from : TeamSwagGod

Really enjoy the guy with the glasses Seems like he’s more adjusted to current times while still following the Ramey principles Glad the other looked some stuff up instead of just throwing out answers
Comment from : Seth Moniz

Sell private party for 45k if you can get it
Comment from : Average Joe Dividends

If you can sell it for $45 DO IT NOW and eat the $3k Call it an educational tax and never make the same mistake again
Comment from : Rob Edmund

With hurricane season nearly here- drive that dog into a storm and leave it on the beach Take a bus home and file your claim
Comment from : Gardener Earth Guy

Get real guys, you need to update the car strategy NO ONE buys a $2k dollar car even if they actually existed which by the way they don't 🙄
Comment from : Alberto G

Driving my paid off truck is so liberating
Comment from : Gabriel Martinez

How do you do a private sale when you don't have the title?
Comment from : eli

Audi value drops like crazybrAnd 55k for a 2018 its kinda high mileagebrLesson is, dont buy audibrAnd no theres nothing for 2k now even a non drivable salvage from copart will cost more than 2k
Comment from : john done

Wow, hate to hear this when a recession is around the corner
Comment from : Claudia Smith

I don't understand why people buy car note I drives 2012 Toyota Camry SE Drive like new Money I don't need the newest car People are ridiculous
Comment from : trueGrizzlesFAN22