How to Buy A New Car From A Dealer

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 15 December 2017

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When you have exercised forced scarcity and been disciplined with your finances, there often comes a point in your life where you go from being a "tight wad," as we say here at The Money Guy Show, to being able to spend a bit more freely. When that shift happens from super saver to abundance, buying a new car might be on your wish list.

In this week's episode of The Money Guy Show, we walk you through all the tips and tricks of buying a new car. Tune in so you can learn how to avoid the common car buying mistakes that wind up costing consumers thousands of dollars. Instead, find out how you can successfully buy a new car and feel good that you got the best price possible.

For more details, please visit the show notes here.

Transcript

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0:00.0	Smile for miles. That's right. We're going to be covering how to get the best deal possible not ripped off on your next car purchase.
0:06.8	Because the last thing you want you to do is to have regret after looking in the review mirror.
0:12.4	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, investing, taxes.
0:21.0	You've got financial questions. He's got financial answers. It's Brian Preston, the money guy.
0:28.0	Vote as anyone actually enjoy buying a car.
0:30.7	I think there's a small segment of the population that does, but not a lot of folks.
0:34.8	They're called sadist.
0:36.5	I feel like even me, you know, I'm a self-profession, a financial guy, right?
0:42.2	And even I don't love the process of being... I just always feel like I'm going to get taken advantage of.
0:47.3	I think the reason the majority of us hate buying cars is because the process is truly designed to take advantage of your emotions.
0:55.6	I mean, it really... Do you remember that Volkswagen commercial years ago, though, that had...
1:00.8	There's a super-bulk commercial.
1:02.2	I just remember it was like a Volkswagen Beetle.
1:05.3	It was like teeny tiny.
1:06.9	And then it kept progressing. And before you know it, this thing was just engulfing this gentleman who was thinking about buying a car.
1:13.9	And that's the true. It gets an emotionally thing. It charges you up by getting your head.
1:19.1	And then it breaks down your inhibitions financially.
1:21.7	And then you're quickly departed with as much money as possible.
1:25.3	And I think we all have the stress of knowing... I don't want to be a victim of all that.
1:30.1	So we just put it off.
1:31.9	I mean, though, and I hate to put you on the spot.
1:34.7	You got to ride with your wife to work yesterday.
	...

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