Car
Car Purchase Strategy
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Author
Predicted at
Status
Video
A personal anecdote is shared about opting for a used car over a new one to get a better deal, implying a wiser financial decision.
"I didn't buy a brand new car when I needed a new car, Caleb. I went and got a used car and I got a g..."
Dec 5, 2025
Correct
It is advised to wait to buy a car until after debt is paid off and an emergency fund is established. The recommendation is to save $5,000 for a down payment on a $10,000 car and aggressively pay off the remaining balance.
"Do not get a car yet. Do not get a car. And then at that point, we are saving up $5,000. I'll let yo..."
Sep 12, 2025
Pending
It is advised to postpone car purchase until after debt and emergency fund goals are met, with a plan to save $5,000 for a down payment on a $10,000 car.
"Do not get a car yet. Do not get a car. And then at that point, we are saving up $5,000. I'll let yo..."
Sep 12, 2025
Pending
It is advised to postpone car purchase until after debt and emergency fund goals are met, with a plan to save $5,000 for a down payment on a $10,000 car.
"Do not get a car yet. Do not get a car. And then at that point, we are saving up $5,000. I'll let yo..."
Sep 12, 2025
Correct
The prediction is that the individual will need to wait several years and improve her financial situation before being able to afford a car like a Honda Accord. Current desires for certain vehicles are not financially feasible.
"You can get 100 accord in a few years when you're in a better position. You do not get the luxury of..."
Aug 22, 2025
Pending
The speaker intends to purchase a slightly used car to avoid new car pricing.
"I'm going to be looking for a slightly used car because I don't want to pay that price for a new car..."
Mar 31, 2024
Pending
The speaker plans to buy a car outright with cash.
"I'm going to be looking for a car that I can buy with cash"
Mar 31, 2024
Pending
To prioritize investment, it's recommended to purchase cars with cash, potentially opting for used models like a Toyota Camry, Corolla, or Honda Accord, rather than financing luxury vehicles.
"if you want to buy a car fine buy a car that you can afford with cash which means you know what for ..."
Mar 9, 2024
Pending
Instead of financing an expensive car, using the down payment to buy a used car in cash frees up monthly payments that can be reinvested.
"if you were going to put $88,000 down to go out and finance this nice car take the 8 Grand go out an..."
Jan 28, 2024
Pending
The speaker chose not to buy a BMW 3 Series for $35-40k, indicating a strategic avoidance of depreciating assets early in their financial education.
"the first thing that I did was I went on to Google started looking at the prices of BMW 3 serieses a..."
Oct 20, 2023
Pending