
889: How to Buy a Car, Part 4: Decide on a New Car vs. Used Car
Radical Personal Finance
00:00
Buying a New Vehicle Will Get You Richer
i wound up having zero dollars of depreciation expense on the trip. But my friends had all o those same expenses, plus probably forty to 50 thousand dollars of depreciating expense doing the basically the same exact trip. So if you care about money, buy as much you know and try to operate vehicles where they have a lower depreciation curve. If you're in the wealth building stage that will get you wealthy much faster. Then go ahead and buy the new vehicles.
Play episode from 38:31
Transcript


