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Radical Personal Finance

387-You Should Consider Buying a Chevy Volt as your Next Car. Here's Why!

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 18 October 2016

⏱️ 22 minutes

🧾️ Download transcript

Summary

From time to time we get buying opportunities that emerge from a wrinkle in the marketplace. I think I see an opportunity right now for those of you who are in the market for a new car with the 2017 Chevy Volt. Details in the show! Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

From time to time we all come across a hot tip.

0:07.0

Now a lot of times this might be a hot stock tip, so let me give you a little bit of advice about those.

0:12.0

Don't participate. Seriously, generally they're a

0:16.0

bad idea. But sometimes there are hot tips that can come along that are timely

0:22.3

and can be useful.

0:23.0

And today I want to share with you one specific hot tip that I see right out there in the marketplace that's available for you to take advantage of right now.

0:36.2

Now I don't know how long this will be available so this is one of those types of tips that may be short-lived in duration.

0:45.0

As I record this, it's Tuesday, October 18, 2016,

0:49.0

but it'll be at least available for a while.

0:51.0

And if it's not available when you're listening to this in the long future then you can just simply look for something similar.

0:57.0

But the deal is this. A specific car which if you are shopping for a new car I think you should consider.

1:09.3

And that car is the second generation 2017 Chevy Volt. Let me explain to you why. Yesterday I did a

1:18.0

show on gas mileage and how to actually calculate cars and the gas mileage and how much that's going to save you.

1:25.0

If you listen to that show, and if you didn't, you should.

1:28.1

But if you listen to that show, what you learned

1:30.6

was that you need to actually calculate the cost of a new vehicle and actually

1:37.9

calculate how long it will take you to break even on gas. Generally it's almost never a good idea to upgrade your vehicle simply because it'll save

1:50.0

you money on gas.

1:51.3

However, we do have to you When you're choosing a new vehicle, you might as well go for the best option that you can get.

2:07.6

If you have a choice between a vehicle that gets great gas mileage and a vehicle that gets very

2:11.6

poor gas mileage, there's no reason not to choose the vehicle

2:14.8

that gets great gas mileage.

...

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