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Comments about ‘Dave Ramsey says: Consider net worth when making purchases’

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Published: Monday, Feb. 10 2014 12:30 p.m. MST

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K
Mchenry, IL

A car is not an investment. A car is a way to get to and from work, doctor, store, school.. The newness makes it reliable to get to and from work and less unexpected repair and replacement costs for parts.

george of the jungle
goshen, UT

Live on your money not in your money

conservative scientist
Lindon, UT

The million dollars figure may make sense for buying a $30,000 new car, but you can buy a new car for a lot less than that. I bought a very reliable Toyota, brand new, for $12,000 dollars several years back and I would take it over all the used cars I had previously bought any day. No, it doesn't have all the bells and whistles, but it does the job of a car as outlined by K above. I think that someone with much lower net worth can buy a new car - just get what you need.

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