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Money Guy Show

How to Get a Good Deal on a Car Purchase!

Money Guy Show

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

Investing, Education, Business

4.73.1K Ratings

🗓️ 6 November 2020

⏱️ 59 minutes

🧾️ Download transcript

Summary

Owning a new car sounds great... but is it actually keeping you poor? Buying a car can be a treacherous process, threatening to knock your financial life way off course. This episode will walk you through everything you need to know! You'll be able to walk off the lot knowing you made an informed decision and got a good deal! For more information, visit: https://www.moneyguy.com/2020/11/how-to-get-a-good-deal-on-a-car-purchase/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

How to get a killer deal on your next car purchase.

0:03.6

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:10.6

investing, taxing.

0:12.6

You've got financial questions, he's got financial answers.

0:16.2

It's Brian Preston, the money guy.

0:18.8

Yeah, Brian, I'm super excited about this show.

0:21.9

As opposed to all the others, because most folks out there, if you were above the age of

0:27.0

roundabout 16, either you have or you will have to go through the process of buying a car,

0:33.8

whether it's your first car or your hundredth car, you're going to have to go through that.

0:37.7

And some people like that process more than others.

0:41.0

And some people especially despise that process more than others.

0:45.2

I don't know if it's a worldwide phenomenon, but here in America, it is kind of, and

0:50.6

it's baked into us because of all the marketing and everything else.

0:54.0

I mean, did you have a crazy car dream grown up?

0:56.2

I mean, I knew when I was like 11 or 12, I was like, when I turned 25, I'm buying a

1:02.5

Corvette.

1:03.5

I thought my first car was going to be a Mustang GT 5.0, like the 1990 GT 5.0 was a thought

1:10.0

was going to be my first car.

1:11.0

I've yet to buy that car.

1:12.2

I don't know that I ever will.

1:14.2

That was my car dreams too.

1:16.0

That was my car dreams too.

...

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