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Money Rehab with Nicole Lapin

Driving a Bargain: Besting the Car Market

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 24 January 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

To buy or to lease a car, that is the question Nicole answers in today's episode. Plus, WTF Elon? Nicole explains why Elon Musk slashed Tesla prices. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money we have.

0:15.0

I've got some good news, and it could be a game changer, but I'm almost scared to say

0:21.5

it out loud, so I'm just going to whisper it for now.

0:24.7

The car market is getting better.

0:27.5

No, seriously, the car market is getting better.

0:30.2

It is true.

0:31.7

After one of the worst car markets ever, things are finally, finally cooling off.

0:37.9

So if you have a car that runs, but you've been eyeing a new car, I'd say hold on just

0:44.4

a little bit longer.

0:46.1

Things are looking up.

0:47.7

But what if you don't have a car that runs?

0:50.7

Well, the car market isn't completely favorable to the consumer just yet.

0:55.5

It is still tough.

0:57.2

And I know this firsthand.

0:59.1

I was in a car accident last year, and for the first time ever, I considered, I know,

1:05.8

leasing a car.

1:07.2

I ended up not, but I considered it, which is breaking news for me.

1:11.7

If you've heard any of my other episodes about cars you know that leasing is something

1:15.5

I normally do not recommend, but these are not normal times.

1:22.0

So if you're hard up in need of a ride like I was last year, let's talk about what

1:27.4

your options are and how they're changing.

...

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