Buying vs. Leasing Cars in 2024 | What No One Tells You
Kosher Money
Living Lchaim
5 • 781 Ratings
🗓️ 30 July 2024
⏱️ 64 minutes
🧾️ Download transcript
Summary
Yossi Levi, aka Car Dealership Guy, knows more about cars and the auto market than anyone I know.
He shared insider secrets and guidance if you're thinking about purchasing, leasing or selling a car. There's even goodies in here on maintenance.
Which car to go after? Which car to stay away from? Are electric vehicles the way to go? What practical advice does he have for the everyday shopper?
I love how he broke things down.
Guest Links:
Car Dealership Guy: https://www.dealershipguy.com
CarNews: https://cdg.news
YouTube: https://www.youtube.com/@cardealershipguy
Podcast: https://podcast.dealershipguy.com
X: https://x.com/GuyDealership & https://x.com/yossixciii
Mentioned: https://dealerrater.com
✬ SPONSORS OF EPISODE 76 ✬
► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI at https://Twillory.com/KosherMoney
► THE DONOR'S FUND: More people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen additional perks. Get your account here: https://thedonorsfund.org/koshermoney
► COLEL CHABAD: Please help Israel as its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation!
CHAPTERS:
00:00 Intro
02:05 Who is Yossi Levi?
04:10 Is Your Advice Everlasting or Timely?
06:04 Yossi's Guidance When a Friend Calls
09:20 What Does 'An Oversupply of Vehicles' Mean?
10:49 Buying Out a Lease vs. Taking a New Lease
12:58 Those Car Buying Apps - Trustworthy?
14:18 How Cars Used to Be Bought and Sold
16:44 Sponsor: Twillory
18:09 Best Times to Buy or Lease Cars
20:46 Where to Find Great Deals on New Cars
22:20 Brands That Don't Lease Well
23:19 Is Old School Negotiation A Thing Anymore?
25:27 Electric Vehicles & What to Know About Tesla
30:30 CYBERTRUCKS!
34:06 Sponsor: The Donor's Fund
35:32 The Cost of Electric for EVs
36:45 One Car Yossi Wouldn't Touch
37:01 Which Car Brands Should I Lease?
39:38 Respect for Those Driving Used Cars with No Payments
42:46 Yossi's Daily Schedule & Businesses
47:00 Business Advice from Yossi
50:22 How Elon Musk Put Yossi On The Map
50:52 Bill Ackman & The Power of Social Media
52:09 Sponsor: Colel Chabad
53:20 How Social Media & Uber Changed The World
55:57 What Keeps Yossi Up at Night
56:38 The Present & Future of the Car Industry
59:22 Are Extended Car Warranties Worth It?
1:00:24 The Growing Cost of Auto Insurance
1:01:04 Finding Honest Mechanics
1:01:38 Outro & Bonus Thoughts
✬ Your tax-deductible donation enables us at Living Lchaim to share uplifting & insightful content! » https://www.livinglchaim.com/donate (THANK YOU!)
Follow Kosher Money for Bonus Shorts:
TikTok - https://www.tiktok.com/@koshermoneypod
Instagram - https://www.instagram.com/koshermoneypod
Free Call-In-To-Listen Hotline:
USA: 605-477-2100
UK: 0333-366-0154
ISRAEL: 079-579-5088
Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
WhatsApp feedback to 1-914-222-5513
All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or actual life advice.
#koshermoney #KosherMoneyPod #car #cars #automobile #dealership #leasing #electriccar
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I'm going to blow your mind right now. Do you know who's the number one of seller of cars in the country? |
| 0:04.0 | Who is the number one seller of cars in the country? It's Costco. Costco is the number one seller of new |
| 0:09.2 | cars in the country. There are certain brands that just don't lease well, like the Toyotas and whatnot. |
| 0:13.2 | They just don't lease well. The rates are just not attractive. And look, what's a good lease, right? A good lease is ultimately, how much are you paying for money relative to the price of the car? |
| 0:22.5 | You know, I remember 10 years ago, I was standing in the lane and the biggest auction in the world, Manhattan, Pennsylvania. |
| 0:27.0 | I bought like 30 Chevy Cruises. |
| 0:29.4 | Like what? |
| 0:30.0 | Chevy Cruises. |
| 0:30.5 | It was like a $7,000 car at the time. |
| 0:32.3 | I stole those cars. |
| 0:33.3 | I bought them like $4,000 under value. I think we sold all of those in the next 30 days. |
| 0:43.9 | I do believe that most EVs are less expensive to maintain over the lifetime of that vehicle, |
| 0:48.8 | with a big exception, again, being the battery, which is why I say, just lease the car. |
| 0:49.5 | You don't have to deal with it. |
| 0:52.3 | It's not your grandfather's car market anymore. So says a man known as car dealership guy, |
| 0:55.5 | aka Yossi Levy, who knows more about cars in the automotive market than anyone I know. |
| 1:01.2 | He took the time to share insider guidance for anyone thinking about purchasing, leasing, or selling a car. |
| 1:07.7 | Which car do you go after? Which car do you stay away from? Are electric vehicles, |
| 1:12.0 | aka EVs, the way to go? And what does Yossi know about the auto industry that can help you |
| 1:17.0 | practically? I love how we broke things down for the everyday person, people like me and you. But before we |
| 1:23.1 | dive in, I want to acknowledge the conversations on prior episodes that have taken a critical stance on |
| 1:28.4 | car leasing and buying expensive cars and for good reason. Yossi, on the other hand, approaches |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Living Lchaim, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Living Lchaim and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.