Deshaun,

Thanks for the great feedback, and I’m glad that you enjoyed the article.

Your story almost exactly mimics mine. I’m working on a full write-up, but the short story is that we bought a Honda Accord for $6,000 in cash, found out it was a clunker (after having it inspected twice before purchase), then traded it in for $500 not a full year after buying it.

All told, our equivalent monthly payment was TWICE what our current payments are for the time we owned it.

I understand that Dave Ramsey has some good advice, but buying a cash car is not one I endorse.