The Problem With Leasing Cars

If you can lease a car and it's a good deal, then that means the owner is losing money. We lease cars because we go, man, this is the cheapest price. It's a smaller payment. So then, if I don't spend an extra $200 or $500 a month for this car payment, then I can be saving it. That equation never works. If it did work that way, it would be short-lived. But sometimes that's what happens. Sometimes the renter may be getting the better deal. Some people would say I'm underwater, both literally and figuratively on that deal.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app