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The Table with Anthony ONeal

The SECRET to Selling Your Car for Maximum CASH! (Must-Watch Tips)

The Table with Anthony ONeal

The Neatness Network

Business, Christianity, Education, Entrepreneurship, Religion & Spirituality, Self-improvement

4.82.1K Ratings

🗓️ 15 May 2024

⏱️ 23 minutes

🧾️ Download transcript

Summary

On this episode of The Table with Anthony O'Neal, we share the vital strategies for selling your car without overpaying. Before stepping into the market, it's essential to define your preferences and requirements clearly. AO guides you through the process of evaluating your needs, setting a budget, and conducting comprehensive research to uncover the best opportunities. With a solid understanding and a strategic approach, you'll navigate the car-selling journey with confidence, ensuring that you receive optimal value for your vehicle. Tune in to discover actionable insights, make informed choices, and steer clear of common pitfalls in selling your car! Mentioned On Today's Show: 🚘 https://www.anthonyoneal.com/sellmycar 🚖 https://www.anthonyoneal.com/sellyourcar 📖 Book of the month: https://amzn.to/3wAHebK Checkout My Network Partners: 🤝 Bethel Tech: https://www.anthonyoneal.com/bethel 🤝 Better Help: https://www.betterhelp.com/ao 🤝 Chime: https://www.chime.com/ttao 🤝 Course Careers: https://www.anthonyoneal.com/bootcampcc 🤝 Ethos Life Insurance: http://anthonyoneal.com/lifeinsurance Tools Created With YOU In Mind: 💲Wealth Builder Tool: https://www.anthonyoneal.com/wealthbuilder 💰 Wealth Calculator: https://www.anthonyoneal.com/wealth-calculator 💸 Debt Calculator: https://www.anthonyoneal.com/debt-calculator 🏦 High Yield Savings Account: https://anthonyoneal.com/savings 💵 MooMoo Investment Account: https://www.anthonyoneal.com/moomoo 💲Financial Advisor: https://www.anthonyoneal.com/domain-money 📗: The Ultimate Guide To Debt Payoff: https://www.anthonyoneal.com/free-tool/debt-payoff 📒 Make Money Online: https://www.anthonyoneal.com/free-tool/how-to-make-money-online 📈 Get A Raise: https://www.anthonyoneal.com/getaraise 👩🏾‍❤️‍👨🏾 Singles Playbook Quiz: https://take.singlesplaybookquiz.com/ ❓ Guide To Asking Hard Questions: https://get.thequestionsguide.com/o/ ⛪️ My Devotionals on The Bible App: https://rb.gy/v0qf9i 🔎 Find a Church Near You: https://www.anthonyoneal.com/find-a-church-community The Neatness Network: 🎤Patrice Washington: @PatriceWashington 📗Joy River: @TheCouchwithJoyFriends 👩🏾‍🍳Victoria Lewis: @thevictorialewis 🏅Justin Owens: @Runtheplay 👨🏾‍💻Cyrus Harbin: @techisthenewblack 🎵 Intro: "The Table - Evan Ford, https://www.instagram.com/itsevanford/?hl=en https://music.apple.com/us/artist/evan-ford/999576125" GET IN TOUCH 🌍 My website - https://www.AnthonyONeal.com 🌍 Advertise With Me - partnership@anthonyoneal.com Connect with Me! Instagram: @anthonyoneal Facebook: @anthonyoneal Who I AM: Hey, fam! I’m Anthony and I’m here to help you discover your authentic self and achieve spiritual, financial, and mental freedom. I know what it’s like to be in debt and homeless - I’ve been there. But with the grace of God, I was able to turn my life around and I’m now helping others to do the same. Disclaimer: Some of these links are affiliate links, which means I may get a commission if you purchase. However, none of the fees of these resources have been increased to compensate me. In fact, many of these have given me special discounts that I get to extend to you! 😉 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

The 24 car market crash has continued.

0:03.0

It's becoming tougher to justify purchasing a new set of wheels.

0:06.0

This is the issue of car buyers being upside down on their auto loans.

0:11.0

A hundred and twenty months. I'm like 120 months. I'm going to pay double and

0:17.0

then something for the car. I started looking for a company that could help us either sell the cars that can help us

0:25.9

you know figure out something that we could do to do this and I mean wow I found a company.

0:33.2

You guys, we have an issue.

0:39.5

You guys, we have an issue, and I need to address this today because this is the issue that I was a part of earlier

0:46.8

on in my debt-free journey.

0:50.3

This is the issue of car buyers being upside down on their auto loans, owing more on their vehicles than what is actually worth.

1:00.0

This has become an increasingly huge issue throughout America.

1:06.0

And there are several factors that are contributing to this current situation.

1:12.0

I'm going to go through a couple of them real quick and then further along in the show

1:16.2

I'm going to break down how if you are upside down a car what you can do and what are some services you can use that can help you get out of it.

1:24.4

But here's the very first issue that's really contributing to this and that's the rising car prices

1:30.1

and the freaking high interest rates.

1:33.0

You see, initially, car prices surge due to supply chain disruptions,

1:38.0

such as, you know, chip shortages,

1:41.0

which drove up the cost of both new and huge vehicles.

1:47.2

This was compounded by high interest rates, further inflating the overall cost of auto loans.

1:55.0

For instance, the average auto loan rate for used cars increased significantly by, I'm sorry, significantly making auto loans more expensive over time.

2:09.0

We've seen auto loans go from 2%, 3%, the 7%, the 12%, the 13%.

...

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