Buying vs. Leasing Cars in 2024 | What No One Tells You
Kosher Money
Optimal Timing for Car Buying and Leasing
This chapter explores the optimal times for buying and leasing cars, focusing on the influence of supply, demand, and seasonal factors. It details negotiation strategies based on timing, including insights into pricing trends related to tax season and sales cycles.
Yossi Levi, aka Car Dealership Guy, knows more about cars and the auto market than anyone I know.
He shared insider secrets and guidance if you're thinking about purchasing, leasing or selling a car. There's even goodies in here on maintenance.
Which car to go after? Which car to stay away from? Are electric vehicles the way to go? What practical advice does he have for the everyday shopper?
I love how he broke things down.
Guest Links:
Car Dealership Guy: https://www.dealershipguy.com
CarNews: https://cdg.news
YouTube: https://www.youtube.com/@cardealershipguy
Podcast: https://podcast.dealershipguy.com
X: https://x.com/GuyDealership & https://x.com/yossixciii
Mentioned: https://dealerrater.com
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CHAPTERS:
00:00 Intro
02:05 Who is Yossi Levi?
04:10 Is Your Advice Everlasting or Timely?
06:04 Yossi's Guidance When a Friend Calls
09:20 What Does 'An Oversupply of Vehicles' Mean?
10:49 Buying Out a Lease vs. Taking a New Lease
12:58 Those Car Buying Apps - Trustworthy?
14:18 How Cars Used to Be Bought and Sold
16:44 Sponsor: Twillory
18:09 Best Times to Buy or Lease Cars
20:46 Where to Find Great Deals on New Cars
22:20 Brands That Don't Lease Well
23:19 Is Old School Negotiation A Thing Anymore?
25:27 Electric Vehicles & What to Know About Tesla
30:30 CYBERTRUCKS!
34:06 Sponsor: The Donor's Fund
35:32 The Cost of Electric for EVs
36:45 One Car Yossi Wouldn't Touch
37:01 Which Car Brands Should I Lease?
39:38 Respect for Those Driving Used Cars with No Payments
42:46 Yossi's Daily Schedule & Businesses
47:00 Business Advice from Yossi
50:22 How Elon Musk Put Yossi On The Map
50:52 Bill Ackman & The Power of Social Media
52:09 Sponsor: Colel Chabad
53:20 How Social Media & Uber Changed The World
55:57 What Keeps Yossi Up at Night
56:38 The Present & Future of the Car Industry
59:22 Are Extended Car Warranties Worth It?
1:00:24 The Growing Cost of Auto Insurance
1:01:04 Finding Honest Mechanics
1:01:38 Outro & Bonus Thoughts
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