I Bought a New Car... and it SUCKS! 

Have you ever gone off road? It is so much fun.

Congrats buddy, it looks nice 👍 Next, If I were you, I'd go for something exciting, like the Lotus Emira or Maserati MC20...

He really does. Scotty is the man to go to when it comes to knowledge on cars and their longevity

He’s definitely buying Scotty’s Celica.

Lmao I just watched Scottys channel and came here after

It a Tooooyooota

For real!!

I lease my cars and invest all the cash instead of paying cash on a depreciating vehicle. Leasing has a near zero rate, a money factor, just pay for the service and not worry about all of the maintenance that cars out of the factory warranty require. Most people don’t understand or are scared of leases but I’ve made hundreds of thousands by leasing and investing the remaining cash

@2004cyrus nothing wrong with what you do and seeing it that way... but cars you purchase only depreciate in value if you do not want them anymore. The problem is buying is bad for the person who wants a different car every 2 years or so. But the most common misconception is cars depreciate in value. Nothing that has a function depreciates in value if you never sell it. It's function is still being used and does not change well after you are not making payments on it anymore. So it just is a matter of perspective of if a person wants to keep their car or if they like the latest snd greatest every few years.... which there is absolutely nothing wrong with if that is your thing.

@@planetdee3587 unfortunately you are wrong. Cars depreciate in value while you own them. Plus you spend money for tires and wipers and oil changes. Read any cost of ownership article from experts. Obviously if you never sell it then you don’t feel it so much but you are telling me that a $70k Lincoln whatever that you buy appreciates in value over 10 years? Hardly. Are you telling us that the same Lincoln is still worth $70k 10 years later? It may perform the same function but its value drops when you drive off of the lot. The owner loses that money whether they feel it or not, the money could have been invested or saved. So to imply there is no cost or depreciation is just lying by omission. Property appreciates, some jewelry approaches, classic sports cars may appreciate. But what you are talking about is costing the owner: leasing cars is what I do. And leasing is just financing depreciation, the first 1/3 of the car is what is financed when leased at a very low money factor, so even those cars depreciate. Buying cars is just paying for a service, as well as leasing, paying for a service. Keeping a car for 10 years makes sense for some but not to me because of the maintenance and loss of cash value, or ACV.

The new BMW is not car you keep 10 years things will go wrong after 5 years and it won't be cheap.

no bro this is what us poor guys do, his companies are worth millions so as every rich person does, he will keep buying a new car every 2-3 years xD

Agreed. Most of younger adult years you set your sights on material possessions like cars. When you reach middle age you start to realize these things are really just appliances.

It wasn't "MOSTLY". It was COMPLETELY based on ego.

I love sports cars but what worries me after I buy a new car that douche bag in the parking lot when you park way off by yourself who parks next to you to door ding your car 😂 evil bastards lol

It’s a business write off.

Plus depending on the car it may be cheaper to get it on lease then to buy it in full

@@CallMeFila write off doesn’t mean it’s free

It’s a WrItE oFf… you’ll lose more money paying the interest on it then you’ll get in a tax return

@@lliamsanphy5634 You also get to write off all the expenses that come along with it too, gas, maintenance, cleaning, repairs, tires. It makes perfect sense if you own a business.

Alpha is self-employed. Lease payments can be written off 100% because they are basically depreciation.

😂😂😂

What? Didn't expect this kind of story to compare, but it gives it a judgement 😂😂😂😎

@@antnotforwar Don't be an accountant please

He speaks the truth.

Man😂

Amen 🙏🏾

Rich people don’t have car payments they drive old ass paid off cars

@@dunky7157 You're talking about the "everyday millionaires" worth 1-5 million. this guy's net worth is way beyond that. Doesn't matter what he does, he could buy 20 of them outright if he wanted to.

Lexus since that is luxury.

And last a lifetime lol

@@affilinet Toyota is one of the most safest cars, do your research.. And what’s the point of keep returning a car? payments for life?

In your opinion.

Mazda

A lease can be good. You have to put minimum $ down. Always under warranty, always reliable, etc.

We have to qualify affordable. As a med student I could not afford BMW, now that I’m a physician I leased a BMW that was a $137,000 and I love it but was it wise? No. Is it affordable to me now. Yes it is. I would not have leased it otherwise. I’ll get something else in 3 years once I’ve finished scratching my itch for speed.

Except for the horrific front grille. Can't wait until they get rid of that design.

yes, lease = you paying more in interest

When interest rates were low financing was worth it. As in finance a purchase instead of paying in full with cash. Plus with the cost of some of these cars not everyone can pay cash. But yes, owning is better than buying

His net worth is over $20 million, so it doesn't really matter.

I checked out Aaron - Googled him, and he's very well off so he can easily afford it. Scotty is cheap as hell and a multi-millionaire too. But he makes perfect sense to most of us. Dave Ramsey I'm not so familiar with but I know he gives financial advice.

He's a damn fool

Yes. Genesis makes a dope car.

IMO its still a Hyundai

Toyota/Lexus is great but you have to read the room dude. He's not going from a BMW to a Toyota, and he most likely will not be into Lexus either.

@@MikeKayK Maybe, maybe not, but he did say that he didn't really like his BMW, and he was tired of it also being a "money pit", so maybe he might be in the right mindset in his life finally to appreciate something more practical and economically more of a good investment, plus he did ask his audience for good suggestions, so we'll see what he ultimately ends up going with. Of course it's totally his decision to do whatever TF he wants in the end, but IF he's actually serious about getting the very BEST vehicle for his money, then Lexus is still a really great option... I'm definitely NOT going to be recommending anything less than what I did, NOR am I gonna be trying to convince him to get into anything more "exotic" and expensive either, because that's just totally unnecessary, (even though he still MIGHT do that, if he finds something he REALLY loves to drive and it truly fits his style, life, etc.), but that is totally his prerogative too... I personally don't really care, I was just attempting to help him out with my best suggestions based on real world experience, so it's whatever... In any case, whatever he chooses as his next vehicle, I just hope that he at least takes his time to actually do some "homework" and at least SOME research into what style, brand, model, etc, of vehicle will actually TRULY fit his life the BEST, before just going out and buying the very first thing he sees, because it's definitely NOT enjoyable in life, to have to always just "put up with" or barely "tolerate" the vehicle you drive everyday, instead you should really ENJOY driving it, AND appreciate its features AND overall USEFULNESS to you and your daily lifestyle, whatever that tends to be! A vehicle, especially your daily driver, should truly COMPLIMENT you and your life, NOT be just another aggravation or annoyance, or always an unnecessary and regular financial burden, and definitely not if you don't really feel happy with it in the first place! Not that he can't afford to pay for anything the car he drives needs, of course he definitely CAN do that if he really WANTS to throw his money away on ridiculously expensive car "maintenance", (especially on stuff that shouldn't even be an issue in the first place, with a really good quality vehicle to begin with!), but there's also absolutely NO good reason that any vehicle you drive should just be an endless and unnecessary "waste" of your money either, because I'm sure he's got MUCH better things to spend a lot of money on than constantly having his car in the shop for every single little stupid reason!

@@JoeJ-8282 He doesn't have the time/energy/desire to research and likely doesn't have the desire to drive a brand that doesn't fit his "cool" persona. I'm a Toyota/Lexus fanboy too. You're not wrong about the cars. But the only thing I see him even considering is, at best, a Lexus RC? And that's a stretch. He will be looking at Benz and Audi first, I promise you. If nothing works out he will maybe, maybe consider Lexus or Acura but very few people who are used to the way German cars drive will switch over to Japanese cars, unless money is the main motivation. He's not poor. I don't see him making that kind of sacrifice in driving pleasure to save a few bucks.

@@MikeKayK Yeah, I get what you're saying there, but I wouldn't necessarily say that a top tier Lexus RC with all of the options, or maybe even an SC coupe if you can still buy those, would be a "downgrade" from what he was driving in this video here, (easily comparable I would say, just probably way more reliable and considerably less expensive to own... and again... Who REALLY WANTS to just be literally throwing their money away on (unnecessary) car repairs all the time?), but we'll just have to see what he ultimately gets next, (he mentioned he might prefer to have an SUV next instead of a car, that's why a top of the line full size Lexus SUV might be good for him), but whatever, I'm sure if he finds something he really DOES actually Love to drive AND own, (whatever it ends up being), then he'll surely make another video about it so we can all find out!

@@JoeJ-8282 You mean the LC coupe, which is an awesome car but still has sort of an older retired guy image. Lexus full size SUVs (GX and LX) are body on frame trucks. He's used to driving BMWs, he will not be buying a slow floaty truck 🤣

He could buy a used vehicle cash after the depreciation

That's key to his success. And his name is Aaron I checked it.

If you were a millionaire would you do the same thing? This man is a multi-millionaire but is a very down to earth dude.

@metalmike570 probably. Honestly I've never cared for the looks of most European cars. So even if one was in my budget I'd probably rather go for something like a NSX or hellcat.

@@robertgramckow6504 Yeah I get you, I'm not sure but I'm actually interested in the Cybertuck but that'll never happen! My two vehicles are a 2019 Nissan Rogue (payment) and a 1999 Toyota Corolla LE. The Corolla has 174K miles and it still runs great! I got it last year for a grand and then put about $1800 in the suspension - a tie rod and both front wheel bearings.

Como esta?

*45,000

pretty sure all Camrys are 4 cylinders now

Good call, plus the smile will never leave your face while driving.

This man Aaron can afford it, I checked out his net worth!!

Rofl

Reliabilty and low maintenance costs are important to most people,I'd go afor a used Lexus or Toyota too. This man here can afford to lease BMW's but he did step down some one the last one and is saving some money!!

He's a millionaire so it doesn't matter that much to him.

I think what Aaron does is changes the BMW out every 3 or 4 years so maybe leasing them makes sense. With Leases you don't pay for maintenace - I think. But it looks like he was swapping his BMW out like every 6 months for a while there. He is a rich man though.

I think it does help to not have to worry about money. Having this kind of money like Aaron has would reduce a lot of stress for most people. But, most people start to get too generous and begin to lose their wealth but then can stop themselves, just a theory. Others would squander it on ridiculous things like drugs, booze, parties and usually the opposite sex / love life.

More so than he cares to admit. He also says the new car sucks but the last 5 minutes he digs it. I can’t trust this guy but I want to. It’s a scam. Shows us the $10 million house too lol