The Importance of Buying a Car

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

It's different ultimately the calculus of the decision or why they want to lease a buy it That's a great I guess it's very comparable to a red versus own rate not exactly but similar housing Yeah, I think the difference there is like when you rent like that sort of buys you optionality. You could always just sell your car. So it's a bit it's similar because it's a lot easier to sell a car And sell a house right so yeah, no less closing costs.

Car Dealership Guy joins the NIA boys to discuss EVs, Tesla, Auto Loans & Lease vs. Own, and much more

Timestamps:

(00:00:00) - Intro
(00:01:51) - Car Dealership Guy's Background Story
(00:03:22) - TLDR on the Importance of the Auto Industry to the Economy
(00:09:38) - Car Dealership Guy's approach to Twitter
(00:10:29) - The State of the Auto Industry's Inventory
(00:14:01) - Are there any differences between cars?
(00:16:22) - Inside look at the Used-Car Dealership Business
(00:19:29) - Pros and Cons of Online Car Shopping
(00:22:48) - Carvana Breakdown
(00:25:12) - Why you shouldn't buy used German cars
(00:28:58) - Are some cars more likely to be stolen?
(00:31:12) - Lease vs. Own
(00:34:48) - All Things Tesla
(00:43:38) - Rapid Fire Questions
(00:53:18) - Our Family Cars and First Cars

What Is Not Investment Advice?

Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.

Watch + Subscribe on YouTube:

https://youtu.be/aZthfrGfoow

Listen into our group chat on Telegram:

https://t.me/notinvestmentadvice

Let us know what you think on Twitter:

Follow NIA on social media:

Instagram: https://www.instagram.com/notadvicepod/

Facebook: https://www.facebook.com/profile.php?id=100089813414522