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So I'm 21 years old. I know pretty much next to nothing about finance.

And right now currently I'm sharing the vehicle with my mother.

And over the next couple years,

I'd like to sock away some cash in buying my own car.

And the car I want to buy will be worth a resale value of roughly $15,000 by the time I want to buy it.

My parents suggest that I take it a loan on this car instead of paying up front with cash,

which, I mean, I've been listening to the show for a little bit, but it even just on my

basic instinct doesn't really seem totally right. I mean, if I have the cash and if it doesn't

swap my net worth, then I don't see why I shouldn't just pay up front

for it. And basically their argument to why I should do this is they claim that the interest

that I'd be paying on the car loan would be less than the interest that I would gain through

some sort of stock market portfolio with the rest of the cash.

Got it.

So they're saying, hey, you could leverage that money in the stock market instead of sinking it into a car?

Yeah.

So I'm wondering.

George is the finance guy.

George knows way more about numbers of money than I do.

My first response to that is,

maybe, right? So maybe, like just number for number. So if you get a car at 7%, maybe, maybe you can put it in the market and get 8%. So maybe.

But that evaluation doesn't take into consideration that the value of that car

...