Here's Why Rich People Buy Cheap Cars and Broke People Buy Luxury Cars

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Here’s Why Rich People Buy Cheap Cars and Broke People Buy Luxury Cars, DIY and car review with Scotty Kilmer. Why rich people are cheap. How to …

[Scotty Kilmer]

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[lois simba]

Stingy

[Poek Hach]

Good information Sr but should be more short sentences and full meaning. Because my english good good . Thanks

[TERRYS OLD THINGS]

Scotty I have a 2006 Toyota Lexus RX330 is it true that if the timing belt jumps it will run the motor I have 157,000 miles and the timing belt has not been changed. Is that okay do I need to change it now

[Clyde Barrow]

Scotty, I know what you mean. My wife always depreciates me!

[relikvija]

I dont even have a god damn car

[Rajiv XX1]

To Sir Scotty, you sir are indeed a man of wise words. Everything you say in this video is exactly what I have done for my 30 years of driving. The sad part is although I always try to part this information to friends and colleagues, they always shrug it off, yet they live terminally in debt!!. Btw I have always owned and driven Toyota, Lexus, Mitsubishi, and Honda vehicles with basically ZERO major issues!

[Big D]

How can you save if you have a car payment. Unless you’re making a lot of money, one emergency and you will lose everything

[jedics]

Why most ppl I know need more than a car that has good AC/Power steering and is relatively quiet and clean inside and out is beyond me, this can be had for a few thousand rather than the 30 + grand many pay is beyond me…I have too much imagination for what else I can do with my money to spend it on a new modern car.

[Jason Townsend]

Uhh I buy Honda’s 😍😂

[Free Lunch]

Lexus…stealth wealth.

Comfort, value, and reliability.

I will say a used Lexus SUV makes an amazing beater.

2016 RX 350
2014 IS 350
1987 944 Turbo
1970 BMW 2002 S54 swap
2006 Yamaha R6

[David G]

You mean inexpensive

[North Eastern Roberts]

Jump to the point scotty "best car Toyota celica" scotty.

[Jar Head]

Buying a used car means that you also have to live with the ticking time bomb of "when will this car break down on me?". I've had plenty of used cars and it's not worth it.

[yoda3988]

Yes

[a philosophy of hustle The Don]

I will stay broke!

[MyOwnWorld]

Thanks for approving what Dave Ramsey has been saying for years. Great video.

[talkisreallycheap]

A car loan doesn't mean you can afford it, it means you can't. Pay cash people don't be like one of these monthly payment paupers.

[Corrine Cummings]

There's plenty of joy in a £1250 old Ford with low miles on.

[July 1 2007 Nov 20 2018]

I know nothing about engines or detailed specs of every car. But i love em. I love driving. A car is an investment and is also my happiness. We never had a brandnew car. Mostly used. If i would buy a new car it would be subaru brz. Or honda nsx. That would be nice.

Great words sir scotty! Im a fan from the PHILIPPINES! im a pinoy and im learning a lot from you!

[mkr10001]

Only morons buy brand new

[waseem cassim]

Good idea about buying different cheap cars

[waseem cassim]

I'm cheap

[hashhakaj kamaluden]

That's true Scotty. Older car can be repairable and tuned outside the dealership. I had geely EC7 2014 and I preferd it over used modern at its age due this car is really easy to repair. The honist mechanic always say this car is traditional revival. Most modern car nowadays is really mechanical computer that any mistakes led to another cost.
Other benefit that I can replace any interior of it by myself and now my interior is likely worth 50000$ car.

[Ronald de Rooij]

Scotty, it is all well and good in your case. But I don't have a garage, and I don't posess the ability to do anything myself. My body has some defects and my brain is geared towards other things than electronics and mechanics. I bought cheaper cars for twenty years. In my experience, it was more expensive. Maybe I had bad luck. I decided to go for a Mitsubishi Mirage with the dreadful CVT (I knew wnen I bought it) and I have driven completely trouble free for 5 years now. I plan to keep it until it falls apart.

[Tomas Modrovsky]

I bought 20y old Honda Civic and I just love my car 🙂

[Plumb Nutz]

High end luxury cars will easily depreciate $1,000 a month or more over their life. They do however attract women and make it easier to get laid so just know what you are paying for.

[D L]

Notice everything around him looks like something from a yard sale. I’d rather jump off a bridge than live like that

[Ri Ph]

JUST BUY AN USED TOYOTA. IT WILL LAST YOU A LIFETIME OR MAYBE LONGER.

[Stephen Duckworth]

Your a legend scotty 👍

[OK JET]

As far as I am concerned, the best cars were made in the 90's anyway 🙂

[Thomas K]

In Australia where I live, I pay just over $800 per yr for registration. It is a 4 cylinder Hilux (Tacoma). That does not include insurance if I crash. What do you pay and where are you located?

[Roger Lizama]

That's why I drive a 44 years old Plymouth Duster, yeah a classic car as a daily driver… against all of Scotty's advices. Also got it cheap at 1k with few details, spend maybe $250 getting it running right, previous owner didn't know how to turn a wrench…

[t982678249]

"Most cars you buy, are the worst investments you'll ever make" (5:48 min)
-Totally agree! Just buy cheap end cars and reserve money for repairs.

I think it's better than buying debt high-value car, because eventually it needs repairs too after a few years… Value goes still down fast when car is new.

[J B]

You can buy 10 year old Lexus cheaper than a base model Corolla.

[paulparoma]

A car is not an investment unless it's a rare collectible. It's simply an expenditure.

[Tlustej Šmelinař]

It always pays to spend hundreds $ on car repairs, then thousands $ on car payments.

[Joseph G. Hotto]

It's because those rich people grew up poor, worked hard, and know the value of a dollar. They live a normal life in the suburbs, drive a Toyota Camry, don't have the ego to post pictures on Instagram or Facebook, and make sure their wife can have the time to take care of the children instead of work.

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