Click below to listen to Episode 35 – Car Buying 101
Car Buying 101
What investment loses over 50% of its value on average every 4 years consistently? Would you ever voluntarily buy a mutual fund, stock, or piece of real estate that will lose 50% of its value over 4 years? It can be absolutely one of the worst investments there is (unless it’s a collectable classic). Yet, we all buy cars like it’s nothing.
Are you thinking about buying a new car, trading your car in, or just wondering how to save money when it comes to the entire car industry? Many of us give very little thought to the total cost of owning a car. Join Bob and Mary Jo as they share their experiences, tips, and tricks when it comes to purchasing a new car. The more money that you save on purchasing a vehicle, the more cash you can put into savings or investments. Some of the topics that they cover include:
- Helping to get a better price for your trade-in vehicle
- The best time to purchase a new car
- Negotiating skills
HOSTED BY: Bob Barber, CWS® and Mary Jo Lyons, CFP®