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Dave Ramsey Warns Against Financing Cars, Trucks, RVs And Boats. 'Don't Let Debt Trap You,' He Says, While Most Americans Do The Opposite
Yahoo Finance· 2025-09-27 15:08
Personal finance expert Dave Ramsey is once again sounding the alarm on one of his biggest financial pet peeves: car payments. In a recent post on X, he urged followers to stop financing anything with wheels or a motor. Loans Are A Trap, Not A Tool “Cars, trucks, RVs, boats, and everything that has motors and wheels go down in value,” Ramsey wrote recently. “NEVER finance them, because they go down in value and you get stuck in them. Don't let debt trap you in something that's losing value every day. Sav ...