The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI053: Building Wealth, Staying Wealthy, and Retiring Early with Jeremy Schneider (Personal Finance Podcast)

The Intrinsic Value Podcast - The Investor’s Podcast Network

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The Importance of Choosing the Right Car for You

When I sold my company, I was driving a 99 Ford Explorer. I had bought it five years earlier for $3,000 in cash. The average car payment in the US is over $500. If you extrapolate that to every car you drive over the course of a career, it's over a million dollars.

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