266: Navigating the New & Used Car Market
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 9 March 2023
⏱️ 61 minutes
🧾️ Download transcript
Summary
In this episode, Johnny & Derek discuss one of their favorite subjects - cars! Your vehicle is often the second biggest asset you'll purchase behind your home, so it's important to get what fits your needs best at a great price. They'll discuss the benefits of buying new vs. used, what options are worth paying for, along with some of their favorite cars on the market now. Derek goes over what new car he just bought, how to negotiate with the dealer and get the best deal if you need to finance. Lastly, just for fun, the guys build and price out a new Porsche for Johnny online and see how much more he would have to pay to get something comparable to his used one.
Discussed:
Where we are:
- Johnny FD – Ukraine / IG @johnnyfdj
- Sam Marks – Japan / IG @imsammarks
- Derek Spartz – Los Angeles / IG @DerekRadio
Sponsor:
- Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit Indeed.com/ILAB to start hiring today.
Like these investments? Try them with these special ILAB links:
- ArtofFX – Start with just a $10,000 account (reduced from $25,000)
- Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.
Time Stamp:
- 01:26 - Today's Car Market for Buyers
- 08:40 - How Derek Was Able to Rent a Car for 5 Years
- 18:00 - Buying New vs Used
- 31:20 - What Derek Bought
- 39:45 - Building Johnny's Porsche Online
If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What is up, bosses? Before we kick off of this episode, I want to tell you about our favorite |
| 0:03.8 | hiring platform. It is, of course, Indeed. Don't spend hours on multiple job sites looking |
| 0:09.9 | for candidates with the right skills when you can do it all within Indeed. Find top talent |
| 0:14.8 | fast with Indeed's suite of powerful hiring tools like Indeed instant match, assessments, and |
| 0:19.8 | virtual interviews. And if you're like me and you |
| 0:22.2 | hate waiting, well, I got good news for you. Indeed's US data shows over 80% of Indeed |
| 0:27.5 | employers find quality candidates whose resume on Indeed matches their job description the moment |
| 0:33.1 | they sponsor a job. I'm going to tell you all about Indeed and one of their fabulous features |
| 0:39.5 | coming up in the break in the show. But if you want to check it out right now and get a jumpstart |
| 0:43.8 | on your hiring, you can just head over to Indeed.com slash iLab to start hiring right now. |
| 0:50.0 | That's Indeed.com slash iLab. Indeed.com slash ILAB. Terms and conditions apply. Cost per |
| 0:57.9 | application pricing, not available for everyone. Need to hire. You need indeed. Let's kick off |
| 1:03.2 | this episode of Invest Like a Boss. Welcome to the Invest Like a Boss podcast. I'm Sam Marks. I'm Derek |
| 1:09.4 | Sparts. And I'm Johnny F.D. We're self-made |
| 1:11.7 | entrepreneurs who invest our own money and use modern technology to invest like a boss. |
| 1:15.5 | Join us each week for exclusive interviews with our network of modern investors, business owners, |
| 1:19.6 | and multimillionaires to discover new ways to invest our hard-earned cash. |
| 1:25.1 | What is up, guys? We have a very special and exciting episode, and I'm here with my good buddy, Derek Sparts. |
| 1:33.4 | Johnny FD. How are you, buddy? I'm doing fantastic. And we are going to be having a episode that you and I are just going to have a lot of fun on this. But also, it's important for |
| 1:44.7 | Best Like a Boss and listeners because aside from your home, do you know what the second biggest |
| 1:50.8 | purchase that most people ever make is? I know because I got to deal with it all day and I'm probably |
| 1:55.6 | in mine more than more than my home. That would be your car, Johnny. Absolutely. So I didn't call it an investment. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.